India Advantage Sub Broker / Franchise / Authorised Person / Partner Review

India Advantage is a key player in the stock market with hundreds of India Advantage Sub Brokers working under them across India.

Top Business Model Sub Broker
Revenue Sharing 40% to 70%
Security Deposit Rs.50,000 – Rs.250,000
Become Sub Broker in 31 Days
Receive Payout in 28 Days
Founder Shri P.A.Krishnan
Established Year 2006

India Advantage Securities has its base in Mumbai and has been successfully serving its customer for over 29 years now. India Advantage Securities is a public company that provides full brokerage services to its partners and customers.

In this article, we will be discussing some important factors of India Advantage Sub Broker Company. Our agenda is to go over all the details regarding the offers, benefits, brokerage charges, and other programs covered by India Advantage Securities Brokers Company.

India Advantage Securities

India Advantage Franchise – Customer Ratings

Find the below table to know the Customer Ratings of India Advantage Sub Broker:

Experience 2.3/5
Services 2.4/5
Products 2.5/5
Trading Platforms 2.3/5
Support 2.4/5
Revenue Sharing Model 2.5/5
Security Deposit 2.4/5
Offers 2.4/5
Market Share 2.1/5
Overall Ratings 2.3/5
Star Ratings ★★★☆☆

Being one of the oldest and the most reliable share broking company to exist in Mumbai, India Advantage Securities has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of India Advantage Securities Broker is better than just average.

The people who have worked with the company have claimed that the company presents good customer services, security deposits, experience, revenue sharing model, support, etc. Keeping in mind all these things and on creating an overall sheet, we find that the average rating that the company got is around 3 points out of 5 which proves its excellence.

Overview of India Advantage Franchise / Sub Broker

Details about India Advantage Franchise are given in the below table:

Company Type Public
Broker type Full Service Broker
Headquarters Mumbai, Maharashtra
Founder Pravin Mehta
Established Year 1990
SB Code Activation Time 31 Days
Payout Time 33 Days

India Advantage Sub BrokerIndia Advantage Securities is a public company that presents full brokerage service to all its customers. It was established by Pravin Mehta in the year 1990 and had its headquarters in Mumbai.

The Broker Activation time required for India Advantage Securities Broker is 31 days and their payout time is 33 days.

Become a Sub Broker with India Advantage – Just Fill up the form

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    India Advantage Sub Broker – Business Models

    Find below table for details:

    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program Yes

    India Advantage provides sub-brokership to individuals and entities who want to work along with them. The India Advantage Sub Brokers business model is described below –

    There are two types of business franchises available for brokers working under India Advantage Securities, they are:

    1. Referral program
    2. Sub Broker

    India Advantage Sub Broker / Authorised Person Model



    India Advantage Sub Broker Commission / Revenue Sharing

    Find the below table to know India Advantage Securities Franchise Commission Models and Revenue Sharing Models:

    Master Franchise NA
    Sub Broker 55% – 75%
    Remisier NA
    Referral Program 15%

    Considered one of the best broker franchises in Mumbai, India Advantage Securities offers great and accurate Revenue Sharing opportunities. The Revenue received by the sub-brokers working under India Advantage Securities is calculated on the basis of the following terms:

    • Referral program
    • Sub Broker

    The commission received by the brokers of India Advantage Securities has its revenue sharing charges ranging between 15% depending on the amount of security deposit that they have kept with the company.

    As for the Sub-broker business model, the sub-brokers are allowed to start from 55% of the leads and can range a maximum of up to 75% of the leads that they provide the company with and the converts.

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    India Advantage Franchise Cost / Security Deposit

    The below Tables gives a good understanding of India Advantage Securities Franchise Cost:

    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.200,000
    Remisier NA
    Referral Program Zero

    The Security deposit or Initial cost that you need to reserve with India Advantage Securities to work with the company is discussed in detail below:

    For the Referral program Business model, you will be required to procure no amount.

    For the Sub broker model, one needs to provide a minimum of Rs 50, 000 at the beginning of their partnership with India Advantage Securities. One can go as high as Rs 200,000. It is very important to keep in mind that the higher the amount of security deposit with the company is, the higher the rate of revenue that will be generated in the end.

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    India Advantage Partner Infrastructure Requirement

    Check the table to know India Advantage Partner Infrastructure Requirement:

    Office Area Minimum 150 Sq Ft
    Employee Strength Minimum 1
    Research Services Yes
    Internet Connection No
    Trading Terminals Yes
    Telephone Lines Yes

    It is mandatory to have the mentioned infrastructure if you plan on becoming a broker under India Advantage Securities. These are pretty much the most basic rules that any company asks for before inviting brokers to work under them. Hence, the fulfilments of the following rules are compulsory and important:

    • You should be in possession of at least 150 sq. Feet office area that you are working in.
    • You should have at least 1 employee working for and under you.
    • Doing Research services is mandatory.
    • You should have Trading Terminals.
    • It is not mandatory for your office area to have some telephone lines.

    India Advantage Sub Broker Offers

    Find below various The India Advantage Capital Share Sub Broker Offers:

    Zero Deposit Yes
    10k Initial Deposit No
    Flexible Revenue Sharing Yes
    Flat Revenue Sharing No
    Zero Revenue Sharing with Prepaid No

    The offers provided by India Advantage Securities are considered one of the very basic and the best among its competitor. The people working in India Advantage Securities feel that it is very important to provide each and every one with enough opportunities. Here are some of the offers allowed by the company:

    • The company allows you to have flexible revenue sharing.
    • It also allows you zero deposit revenue sharing.

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    India Advantage Franchise Support

    The below table consists of various support provided by the India Advantage Authorised Person program:

    Marketing Support No
    Back-Office Support Yes
    Trading Support No
    Advisory Support Yes
    Dealing Training Yes
    Acquisition Training No
    Product Training Yes

    Some of the support facilities provided to the sub-brokers by India Advantage Securities are:

    • Advisory support
    • Back-office support
    • Product Training
    • Dealing training

    India Advantage Authorised Person – Brokerage Charges to Clients

    The table gives proper information on India Advantage Brokerage charges levied to its Franchise Clients:

    Equity Delivery 0.2% – 0.5%
    Equity Intraday 0.02% – 0.05%
    Equity Futures 0.02% – 0.05%
    Equity Options Rs.20 – Rs.50 per Lot
    Currency Futures 0.02% – 0.05%
    Currency Options Rs.10 – Rs.25 per Lot
    Commodity 0.02% – 0.05%

    The brokerage Charges given by India Advantage Securities to its sub-brokers are usually as per the normal market rates. They charge 0.2 – 0.5% to equity delivery, and 0.02 – 0.05% to equity intraday, equity futures, and currency futures and commodities. They offer Rs 20 – 50 per lot to equity options and Rs 10 – 25 per lot to currency options.

    India Advantage Partner – Account Opening Charges to Clients

    The table gives proper information on India Advantage Account opening charges levied to its Franchise Clients:

    Demat AMC Rs.399 per Annum
    Trading AMC Free
    Account Opening Charges Rs.249
    Transaction Charges 0.00316%
    Margin Money Minimum Rs.10,000

    The charges acquired by the clients working under India Advantage Securities are very reasonable and valid. They charge Rs 399 for Demat AMC and provide free Trading AMC. The account opening charge is Rs 249 and the transaction charges run up to 0.00316%; and the margin of minimum 10,000.

    Apart from this, India Advantage Securities offer the following:


    It offers one of the most reputed, highly accepted, and secure trading software. Their clients can easily manage their accounts, access their portfolios, and have a hassle-free trading experience within seconds.


    They are highly committed to providing the best-personalized services possible.


    They have a great range of products & services as per variant investment needs.

    Benefits of India Advantage Partner Program

    The India Advantage Sub-brokers program is beneficial for the sub-brokers as –



    Become a Sub Broker with India Advantage – Just Fill up the form

      Become a Sub Broker
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      List of Top India Advantage Securities Partners / Business Partners

      Company List Remisiers Name Trade Name Remisiers Registration No.
      INDIA ADVANTAGE SECURITIES Amit A. Mehta Ami A. Mehta R/3036/19871/08/02/2008
      INDIA ADVANTAGE SECURITIES Amita Kaushik Shah Amita Kaushik Shah R/3036/22716/02/07/2008
      INDIA ADVANTAGE SECURITIES Anjana B. Patel Anjana B. Patel R/3036/14524/12/04/2007
      INDIA ADVANTAGE SECURITIES Anjana Dave Anjana Dave R/3036/14497/12/04/2007
      INDIA ADVANTAGE SECURITIES Anjana Sunil Mehta Anjana Sunil Mehta R/3036/37808/19/07/2010
      INDIA ADVANTAGE SECURITIES Anju U. Desai Anju U. Desai R/3036/11428/19/07/2006
      INDIA ADVANTAGE SECURITIES Apexa Viren Sanghavi Apexa Viren Sanghavi R/3036/29608/11/06/2009