Zerodha Franchise vs SMC Global Franchise – Compare Business Models, Revenue Sharing and more

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

Zerodha & SMC Global are both Broking houses & provides sub brokership to their partners. Both of them have varied Business Models which we will discuss here.Zerodha Franchise vs SMC Global Franchise - Comparison-min

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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 SMC Global Sub Broker Program.

Start this amazing comparison between Zerodha Sub Broker &  SMC Sub Broker:

Zerodha Franchise vs SMC Global Franchise – An Overview

OverviewZerodha FranchiseSMC Global Franchise
Company TypePrivatePublic
Broker typeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaDelhi, India
FounderNithin KamathS C Aggarwal
Established Year20101994
SB Code Activation Time3 Days2-3 Weeks
Payout Time45 Days30-45 Days

Customer Ratings of Zerodha Sub Broker & SMC Global Sub Broker

Customer RatingsZerodha FranchiseSMC Global Franchise
Experience2.50 / 53.2/5
Services2.60 / 53.1/5
Products4.00 / 53.5/5
Trading Platforms4.10 / 53.3/5
Support2.50 / 52.5/5
Revenue Sharing Model2.00 / 53.1/5
Security Deposit4.50 / 52.9/5
Offers4.00 / 53.0/5
Market Share2.00 / 53.4/5
Overll Ratings3.13 / 53.2
Star Ratings★★★☆☆★★★☆☆

Compare Business Models of Zerodha Franchise & SMC Global Franchise

Business ModelsZerodha FranchiseSMC Global Franchise
Master FranchiseSS
Sub BrokerSR
Referral ProgramRS

Zerodha Franchise vs SMC Global Franchise Security Deposit Comparison

Security DepositZerodha FranchiseSMC Global Franchise
Master FranchiseNANA
Sub BrokerNARs. 50,000 – 100,000
Referral Program1500NA

SMC Global Franchise vs Zerodha Franchise Revenue Sharing Comparison

Revenue SharingZerodha FranchiseSMC Global Franchise
Master FranchiseNANA
Sub BrokerNA65% – 75%
Remisier10% – 30%NA
Referral Program0.1NA

SMC Global Sub Broker vs Zerodha Sub Broker Infra Requirement

Infrastructure RequirementZerodha FranchiseSMC Global Franchise
Office AreaNot RequiredMinimum 250 Sq Ft
Employee StrengthNot RequiredMinimum 2
Research ServicesSS
Internet ConnectionSR
Trading TerminalsRR
Telephone LinesSR

Compare Zerodha Partner & SMC Global Partner Offers

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

SMC Global Authorised Person vs Zerodha Authorised Person Support

SupportZerodha FranchiseSMC Global Franchise
Marketing SupportSS
Back-Office SupportRR
Trading SupportSR
Advisory SupportSS
Dealing TrainingSS
Acquisition TrainingSS
Product TrainingRR

Compare Brokerage Charges of Zerodha Franchise & SMC Global Franchise

Brokerage Charges to ClientsZerodha FranchiseSMC Global Franchise
Equity DeliveryZero0.20% – 0.40%
Equity IntradayRs.20 per Trade0.03% – 0.04%
Equity FuturesRs.20 per Trade0.03% – 0.04%
Equity OptionsRs.20 per LotRs.70 per Lot
Currency FuturesRs.20 per Trade0.03% – 0.04%
Currency OptionsRs.20 per LotRs.20 per Lot
CommodityRs.20 per Trade0.03% – 0.04%

Zerodha Partners & SMC Global Partners Charges Comparison

Charges to ClientsZerodha FranchiseSMC Global Franchise
Demat AMCRs.300 per AnnumRs.300 per Annum
Trading AMCZeroZero
Account Opening ChargesRs.300Rs. 1000
Transaction Charges0.00325%0.003250%
Margin MoneyZeroRs.10,000

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