Zerodha Franchise vs Nirmal Bang Franchise – Compare Business Models, Revenue Sharing and more

Find 1st of its kind Comparison of Zerodha Franchise vs Nirmal Bang Franchise. In this comparison, you will find a detailed view of all the features of respecting sub broker or franchise brands.

Zerodha Franchise vs Nirmal Bang Franchise

Zerodha & Nirmal Bang are both Broking houses & provides sub brokership to their partners. Both of them have varied Business Models which we will discuss here.


Compare Sub Broker Franchise

vs

In this comparison, we will dig deep into all the aspects of both broking franchise brands. The major aspects that we will discuss are:

  • Overview
  • Customer Ratings
  • Business Models
  • Security Deposit or Initial Investment
  • Revenue Sharing or Commission
  • Infrastructure Requirement
  • Offers
  • Support
  • Brokerage Charges to Clients
  • Other Charges & Margin to Clients

With this detailed comparison we will have clear understanding of which Sub Brokership is better: Zerodha Sub Broker Program or Nirmal Bang Sub Broker Program.


Start this amazing comparison between Zerodha Sub Broker &  Nirmal Bang Sub Broker:

Zerodha Franchise vs Nirmal Bang Franchise – An Overview

OverviewZerodha FranchiseNirmal Bang Franchise
Company TypePrivatePrivate
Broker typeDiscount BrokerFull Service Broker
HeadquartersBangalore, India‎Mumbai, India
FounderNithin KamathRahul Arora, CEO
Established Year20101986
SB Code Activation Time3 Days20-30 Days
Payout Time45 Days1 month

Customer Ratings of Zerodha Sub Broker & Nirmal Bang Sub Broker

Customer RatingsZerodha FranchiseNirmal Bang Franchise
Experience2.50 / 53.2/5
Services2.60 / 53.1/5
Products4.00 / 52.8/5
Trading Platforms4.10 / 52.8/5
Support2.50 / 53.5/5
Revenue Sharing Model2.00 / 53.8/5
Security Deposit4.50 / 53.8/5
Offers4.00 / 53.1/5
Market Share2.00 / 52.5/5
Overll Ratings3.13 / 53.16
Star Ratings★★★☆☆★★★☆☆

Compare Business Models of Zerodha Franchise & Nirmal Bang Franchise

Business ModelsZerodha FranchiseNirmal Bang Franchise
Master FranchiseSS
Sub BrokerSR
RemisierRS
Referral ProgramRS

Zerodha Franchise vs Nirmal Bang Franchise Security Deposit Comparison

Security DepositZerodha FranchiseNirmal Bang Franchise
Master FranchiseNANA
Sub BrokerNARs 75,000 – 2 Lakhs
Remisier11000NA
Referral Program1500NA

Nirmal Bang Franchise vs Zerodha Franchise Revenue Sharing Comparison

Revenue SharingZerodha FranchiseNirmal Bang Franchise
Master FranchiseNANA
Sub BrokerNA50% – 70%
Remisier10% – 30%NA
Referral Program0.1NA

Nirmal Bang Sub Broker vs Zerodha Sub Broker Infra Requirement

Infrastructure RequirementZerodha FranchiseNirmal Bang Franchise
Office AreaNot RequiredMinimum 200 Sq Ft
Employee StrengthNot RequiredMinimum 3
Research ServicesSR
Internet ConnectionSR
Trading TerminalsRR
Telephone LinesSR

Compare Zerodha Partner & Nirmal Bang Partner Offers

OffersZerodha FranchiseNirmal Bang Franchise
Zero DepositSS
10k Initial DepositRR
Flexible Revenue SharingRR
Flat Revenue SharingSS
Zero Revenue Sharing with PrepaidSS

Nirmal Bang Authorised Person vs Zerodha Authorised Person Support

SupportZerodha FranchiseNirmal Bang Franchise
Marketing SupportSR
Back-Office SupportRR
Trading SupportSR
Advisory SupportSS
Dealing TrainingSR
Acquisition TrainingSR
Product TrainingRR

Compare Brokerage Charges of Zerodha Franchise & Nirmal Bang Franchise

Brokerage Charges to ClientsZerodha FranchiseNirmal Bang Franchise
Equity DeliveryZero0.2% or 20 paisa
Equity IntradayRs.20 per Trade0.02% or 2 paisa
Equity FuturesRs.20 per Trade0.02% or 2 paisa
Equity OptionsRs.20 per LotRs 35 Per Lot
Currency FuturesRs.20 per Trade0.02% or 2 paisa
Currency OptionsRs.20 per LotRs 20 Per Lot
CommodityRs.20 per Trade0.02% or 2 paisa

Zerodha Partners & Nirmal Bang Partners Charges Comparison

Charges to ClientsZerodha FranchiseNirmal Bang Franchise
Demat AMCRs.300 per AnnumRs 200 (Pro Rata)
Trading AMCZeroZero
Account Opening ChargesRs.300Zero
Transaction Charges0.00325%Zero
Margin MoneyZeroRs.10,000

Start with Zero Deposit Today – Become a Sub Broker

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


Find Stock Broking Franchise Comparison

Hdfc Securities Franchise Vs Zerodha Franchise
Icici Direct Franchise Vs Zerodha Franchise
Zerodha Franchise Vs 5paisa Franchise
Zerodha Franchise Vs Aditya Birla Money Franchise
Zerodha Franchise Vs Anand Rathi Franchise
Zerodha Franchise Vs Angel Broking Franchise
Zerodha Franchise Vs Axis Direct Franchise
Zerodha Franchise Vs Bonanza Franchise
Zerodha Franchise Vs Edelweiss Franchise
Zerodha Franchise Vs Iifl Franchise
Zerodha Franchise Vs Indiabulls Venture Franchise
Zerodha Franchise Vs Karvy Franchise
Zerodha Franchise Vs Kotak Securities Franchise
Zerodha Franchise Vs Monarch Networth Franchise
Zerodha Franchise Vs Motilal Oswal Franchise
Zerodha Franchise Vs Reliance Securities Franchise
Zerodha Franchise Vs Religare Securities Franchise
Zerodha Franchise Vs Sbicap Securities Franchise
Zerodha Franchise Vs Sharekhan Franchise
Zerodha Franchise Vs Smc Global Franchise
Zerodha Franchise Vs Tradebulls Securities Franchise
Zerodha Franchise Vs Upstox Franchise
Zerodha Franchise Vs Ventura Securities Franchise

Most Read Articles

Angel Broking Sub Broker
ICICI Direct Sub Broker
Nirmal Bang Sub Broker
Prabhudas Lilladher Sub Broker
Motilal Oswal Sub Broker
Sykes & Ray Sub Broker
Tradebulls Sub Broker
Religare Securities Sub Broker
Arihant Capital Sub Broker
Top 10 Broking Franchise