Find 1st of its kind Comparison of Zerodha Franchise vs Upstox Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
Zerodha & Upstox are both Broking houses & provide 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 significant 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 a clear understanding of which Sub Brokership is better: Zerodha Sub Broker Program or Upstox Sub Broker Program.
Start this amazing comparison between Zerodha Sub Broker & Upstox Sub Broker:
Zerodha Franchise vs Upstox Franchise – An Overview |
||
| Overview | Zerodha Franchise | Upstox Franchise |
| Company Type | Private | Private |
| Broker type | Discount Broker | Full Service Broker |
| Headquarters | Bangalore, India | Mumbai, India |
| Founder | Nithin Kamath | Raghu Kumar, Ravi Kumar |
| Established Year | 2010 | |
| SB Code Activation Time | 3 Days | 15 Days |
| Payout Time | 45 Days | 31 Days |
Customer Ratings of Zerodha Sub Broker & Upstox Sub Broker |
||
| Customer Ratings | Zerodha Franchise | Upstox Franchise |
| Experience | 2.50 / 5 | 2.5/5 |
| Services | 2.60 / 5 | 2.8/5 |
| Products | 4.00 / 5 | 3.1/5 |
| Trading Platforms | 4.10 / 5 | 2.7/5 |
| Support | 2.50 / 5 | 2.8/5 |
| Revenue Sharing Model | 2.00 / 5 | 3.1/5 |
| Security Deposit | 4.50 / 5 | 3.3/5 |
| Offers | 4.00 / 5 | 2.7/5 |
| Market Share | 2.00 / 5 | 1.9/5 |
| Overll Ratings | 3.13 / 5 | 2.8/5 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
Compare Business Models of Zerodha Franchise & Upstox Franchise |
||
| Business Models | Zerodha Franchise | Upstox Franchise |
| Master Franchise | S | S |
| Sub Broker | S | R |
| Remisier | R | S |
| Referral Program | R | R |
Zerodha Franchise vs Upstox Franchise Security Deposit Comparison |
||
| Security Deposit | Zerodha Franchise | Upstox Franchise |
| Master Franchise | NA | NA |
| Sub Broker | NA | Rs 25,000 – Rs 50,000 |
| Remisier | 11000 | NA |
| Referral Program | 1500 | NA |
Upstox Franchise vs Zerodha Franchise Revenue Sharing Comparison |
||
| Revenue Sharing | Zerodha Franchise | Upstox Franchise |
| Master Franchise | NA | NA |
| Sub Broker | NA | 10% – 30% |
| Remisier | 10% – 30% | NA |
| Referral Program | 0.1 | Gift Voucher |
Upstox Sub Broker vs Zerodha Sub Broker Infra Requirement |
||
| Infrastructure Requirement | Zerodha Franchise | Upstox Franchise |
| Office Area | Not Required | Not Required |
| Employee Strength | Not Required | Not Required |
| Research Services | S | S |
| Internet Connection | S | S |
| Trading Terminals | R | S |
| Telephone Lines | S | S |
Compare Zerodha Partner & Upstox Partner Offers |
||
| Offers | Zerodha Franchise | Upstox Franchise |
| Zero Deposit | S | S |
| 10k Initial Deposit | R | R |
| Flexible Revenue Sharing | R | R |
| Flat Revenue Sharing | S | S |
| Zero Revenue Sharing with Prepaid | S | S |
Upstox Authorised Person vs Zerodha Authorised Person Support |
||
| Support | Zerodha Franchise | Upstox Franchise |
| Marketing Support | S | S |
| Back-Office Support | R | R |
| Trading Support | S | S |
| Advisory Support | S | S |
| Dealing Training | S | R |
| Acquisition Training | S | S |
| Product Training | R | R |
Compare Brokerage Charges of Zerodha Franchise & Upstox Franchise |
||
| Brokerage Charges to Clients | Zerodha Franchise | Upstox Franchise |
| Equity Delivery | Zero | Zero |
| Equity Intraday | Rs.20 per Trade | Rs. 20 per trade or 0.01% |
| *Equity Futures | Rs.20 per Trade | Rs. 20 per trade or 0.01% |
| Equity Options | *Rs.20 per Lot | *Rs. 20 per trade or 0.01% |
| Currency Futures | Rs.20 per Trade | Rs. 20 per trade or 0.01% |
| Currency Options | Rs.20 per Lot | Rs. 20 per trade or 0.01% |
| Commodity | *Rs.20 per Trade | *Rs. 20 per trade or 0.01% |
Zerodha Partners & Upstox Partners Charges Comparison |
||
| Charges to Clients | Zerodha Franchise | Upstox Franchise |
| Demat AMC | Rs.300 per Annum | Rs 150 (One Time) |
| Trading AMC | Zero | Rs 150 (One Time) |
| Account Opening Charges | Rs.300 | Zero |
| Transaction Charges | 0.00325% | 0.003250% |
| Margin Money | Zero | Zero |
Start with Zero Deposit Today – Become a Sub Broker
Find Stock Broking Franchise Comparison
Most Read Articles