Dhan Sub Broker / Franchise / Partner Review

As partner or sub-broker of the Dhan franchise program, you get to refer to and trade all the offers and products of the organization.

With no initial investment and deposit, you can start running your own Dhan franchise within a month.

However, to successfully build a network in the trading market, it is important to have the right qualification or at least experience in the field. This will also help in getting your franchise application accepted by the organization.

Also, since there is no brokerage and account opening charge, this program becomes beneficial to both the partners and their clients.

Top Business Model Sub Broker
Revenue Sharing 60%-80%
Security Deposit NA
Become Sub Broker in 30 Days
Receive Payout in 1 month
Founder Pravin Jadhav
Established Year 2021

Dhan Sub Broker

Dhan Limited Sub Broker Customer Ratings:

Dhan Franchise
Experience 3.10
Services 3.00
Products 3.20
Trading Platforms 3.10
Support 3.20
Revenue Sharing Model 3.10
Security Deposit 3.30
Offers 3.20
Market Share 3.50
Overall 3.17

Several Dhan Partners are renowned for their active participation in the partner program managed by Dhan Stocks Ltd.

These people have been associated with the brokerage organization for a long time, and they are prospering from the expansion and income possibilities of this business model.

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Types of Dhan Model Franchise

Dhan franchise rolls out only one business model under its franchise program, the referral program.

  • Dhan Referral program

The referral program is similar to any other referral scheme. The more you refer the services of Dhan to outside clients, the higher revenue you generate.

Benefits of this business model:

  • Since the operations depend on referrals, no infrastructure is required.
  • Along with this, there is also no mandatory investment fee required.

All you need to start the operations is a dedicated list of networks, and within just one month, you will be able to successfully run the business.

Become a Sub Broker with Dhan Limited – Just fill up the form

    Become a Sub Broker
    1. Become Sub Broker

    Dhan Sub Broker or Dhan Partner & benefits

    Dhan Franchise or partner program offers the position of Dhan Sub Broker to individuals who meet the criteria needs of the organization and can satisfy the company’s franchise target.

    Since the program’s inception in 2009, Dhan Stocks Ltd has created 1,800+ franchise units in India.

    As a partner program member, you will have to work to bring in additional clients to the Dhan Stocks Platform. Commission/earnings for sub-brokers are earned from the customer’s action on the booking platform.

    With flexible offers and requirements, the Dhan franchise is a good organization to start a franchise business.

    Dhan Sub Broker Commission or Revenue Sharing Model

    As the organization only supports single type of partnership plan, the commission and revenue sharing scheme is also one.

    You, as a partner, get to retain 20-40% of the revenue generated by each of your referral clients. The broker pockets the remaining 80-60%.

    The best thing about this organization is that you will not have to worry about bearing any losses since there is no initial deposit. Therefore, the more clients trade in the platform using your referral, the more income you will earn.

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    Infrastructure Investment by Dhan Sub Brokers / Authorized Person

    The organization’s referral program does not require any infrastructural investment. All the partners need to focus on is correctly answering clients’ queries and assisting in trading.

    Apart from this, it is up to the partner how much they want to invest in terms of setting up an office space.

    However, also keep in mind that since the organization does not take any investment or fee, the partner’s rights will also be limited.

    Dhan Franchise cost or Security Deposit Amount

    The Dhan franchise referral program does not require any mandatory fees or costs to be paid to be able to start the program.

    It is up to the partner to invest the right amount in starting the referral program, reaching out to prospective clients, and creating a large chain network.

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    Dhan Franchise Eligibility Criteria

    Here’s a quick list of a few requirements that an applicant will have to meet to successfully become a partner of the Dhan franchise.

    1. The applicant must be a citizen of India.
    2. Original paperwork is required to pass the eKYC.
    3. He/she must be over the age of 18 and have a well-established digital portfolio/website.
    4. A relatively small initial fee or deposit

    Dhan Sub broker offers

    Refer to the below-listed products to get an idea of the types of offers an authorized person can provide to its clients:

    • IPO
    • Mutual Funds
    • Equity Trading
    • Currency Trading
    • Options Trading
    • Commodity Trading
    • Futures

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    Documents required to become Dhan Partner

    All applicants must present a set of papers for their application to get verified. The documents are listed below:

    1. Aadhaar, Voter ID, or a passport for identity proof.
    2. Proof of address (Optional)
    3. Pan Card (Original)
    4. Bank information and a few more necessary papers

    Dhan Franchise Registration

    Any application that meets the requirements can become a Dhan Authorised Person. Simply follow the below-mentioned steps to become a partner:

    Online Method

    Visit the official website of the organization. Fill out the form correctly. Then wait for the organization to reach back. The response time is somewhere close to 1 month.

    Offline Method

    To apply using the offline method, first visit the branch of the company. Same way as online mode, fill out the required document. Submit the form and then receive a verification message through email, post, or SMS.

    Dhan Sub Broker Support / Advisory

    Dhan is very committed to providing quality support to all of its partners.

    Each Dhan Sub Broker receives active support from a committed team of advisers. Short training is provided to new employees to help them get more familiar with the procedure.

    Once the partners are settled into their responsibilities, then the existing partners provide pricing, back-office, and marketing support to the new joiners.

    However, do take note that the broker will not provide any assistance for trading, relationship managing, and advisory activities.

    Earning the potential of a Dhan Partner / ROI

    The earning potential for the Dhan Stocks partner program is somewhat similar to its peers. Once you reach a particular milestone, the payout to the Dhan Partner increases to 40% from the initial bracket of 20%.

    However, if you are selling more than the broker anticipated, the official sales staff of Dhan Stocks Ltd. Could make you a unique offer.

    How to become a Dhan Partner or Sub Broker?

    The best way to check whether you can become a partner or sub-broker with Dhan is by answering the following questions:

    1. Are you an Indian citizen?
    2. Are you an Indian citizen? Are you older than 18 years?
    3. Do you have a bank account?
    4. Do you maintain a website or online portfolio?
    5. Can you provide the original documentation that Dhan Stocks has requested?
    6. Do you have faith in the broker and its state?

    If the answer is yes to most of the questions, then you can easily become the Dhan partner.

    Dhan Franchise – Pros & Cons

    The Dhan Stocks franchise program has the following pros and cons to its partnership model:


    • Dhan is a known name in the market with a good brand image.
    • The attractive payout bracket of 20%-40%.
    • Franchisees get promotional materials and support from the professionals of the organization.
    • Offering product information training.
    • There are no investments or upfront payments required.
    • There is no mandatory qualification required to become a Dhan partner.
    • Receive recurring commission till the client is actively trading.


    • Compared to its peers, the Dhan franchise program is not very popular.
    • Only follows one business model-referral program.
    • Not a substantially high commission.
    • Inactivity from the sub-broker results in account suspension.

    Why Partner with Dhan?

    Here are a few reasons why you should partner up with Dhan to start a franchise:

    Secure a commission: if you have a good network of clients or a decent online presence, then you can earn a hefty sum through commission.

    No advance deposit: The organization does not require its partners to make any initial investment or non-refundable deposits.

    Easy accessibility: with the referral program, it becomes very easy to trade. Simply paste your referral link to social media, and earn revenue every time your clients use your link to do trading.

    Support material: Even if you are a novice to the franchise model, Dhan provides complete training and marketing support to help grow your network.

    Dhan Franchise Referral Program

    Dhan Franchise has only one partnership model: the referral program.

    To become eligible for the program, you must have the following:

    • A proper online presence.
    • A website for trading and a customer service portal.
    • Above 18 years and experience in the field.

    Once this is cleared and the individual becomes the partner, the broker will provide a referral link that can be placed in all social media platforms and the trading portal.

    Each time a customer clicks on this link, they become a potential customer of Dhan services. By the month’s end, this client’s profit is then transferred to the sub-broker account.

    Dhan Authorised Person – Products Offered

    If you are getting an appositive response for your partnership application, then once the process is complete, as an authorized person, you will be eligible for some undisclosed offers provided by Dhan.

    Some of these offers can be:

    • Based on the client base, receive a hike in commission percentage.
    • A bumper prize or a bonus on special transactions or occasions.

    Brokerage Charges were levied on the clients of Dhan Partners

    Dhan franchise has a hybrid brokerage model. Some of the fees are fixed, while few depend on the transaction and lot value. And the same brokerage charges are also levied on the trading done by your clients.

    • Trading for the delivery of equity is free for Dhan Partner Clients.
    • Equity futures, equity intraday, currency futures, and commodity futures trading all have a commission of Rs 20 or 0.03% per executed transaction, whichever is lesser.
    • Equity options trading, currency options trading, and commodity options trading all have a fixed fee of Rs. 20 per executed order.

    Dhan Franchise Conclusion

    Dhan is an upcoming broker company that is doing quite well in giving competition to its peers. The company started its operations in 2009 and has more than 1,800 franchises pan India.

    The business provides a wide range of goods and services, which the partners may also provide to their customers. Additionally, the company charges a significantly low brokerage fee.

    The Dhan partners have multiple offers and benefits at their disposal. With this partnership, an individual will receive a recurring income and also will be provided with multiple growth opportunities.

    Dhan Sub Broker or Partner Program FAQs

    The most frequently asked question by interested individuals is listed below:

    Who are the sub-brokers?

    A sub-broker is a stockbroker’s agent who works for commission and is registered with SEBI, like Dhan. NSE defines a sub-broker as a person who conducts deals on behalf of clients but does not engage in trading themselves.

    How many types of partnerships does Dhan Franchise provide?

    There is just one Dhan partnership model accessible right now. The firm wants its partners and colleagues to fully concentrate on a single partnership model.

    Who can become a Dhan Sub Broker?

    Dhan provides its partnership model to all interested individuals. All they need to do is meet a few eligibilities criterion.

    Here is a list of people for who the Dhan Sub-broker model is perfect:

    • Traders
    • Investors
    • Existing Brokers

    What are the support tools provided by Dhan Franchise?

    Dhan broker provides multiple tools and modules to support its partners. They are listed below:

    1. Call, email, chat, knowledge base, and social media are all available for support.
    2. All Charting & Trading Tools, even a few for the First Time.
    3. Auto-mapped Leads to Your Account, No Mismatch.
    4. Available Constant Marketing Assistance.
    5. Available on every channel, including desktop, mobile, and APIs.

    Does Dhan have an interface to keep track of all the clients?

    Yes, all the broker partners have access to a s=dashboard which provides an analysis and summary of all the client interactions and activities.

    How Can I Join Dhan as a Sub Broker?

    By completing a form, you may sign up to work as a sub-broker on Dhan. You will be able to use Dhan’s blazing-fast capabilities as a sub-broker, and you will also get access to a special dashboard for all customers and deals.

    What is the benefit of tying up with Dhan for partnership work?

    The following are the advantages of working as a sub-broker on Dhan:

    • Features: Onboarding in a flash, direct chart trading, and more.
    • Support: Constant support across all channels.
    • Commission: Earn commissions by joining the network of sub-brokers.
    • Dashboard: See all of your customers, trades, and more in one place.

    How long would I have to wait to start managing my Dhan franchise?

    You will need to wait for 3 to 6 days for the full process to be complete. If any documents are missing, the process will be delayed even further. And after the process is through, you may start operating right away.

    What are all details asked in the initial form?

    You will have to correctly fill out the following details in the initial form:

    • Individual/Company Name
    • Trader Network / Circle of Influence
    • Active Since
    • Social Media Profile / Website (if any)
    • Email Address
    • Mobile Number
    • Share the results of your most recent job as a sub-broker franchise.

    Along with these details, make sure to also provide all the right documentation to ensure a smooth flow of the procedure.

    Is Dhan Franchise profitable?

    The franchise runs on a referral model. Therefore, the more people use your referral link to make a trade, the higher you will earn a commission on it. The partners have a track record of becoming profitable in just one month of operations.

    Start your business with Dhan Sub Broker – Just Fill up the form

      Become a Sub Broker
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