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 Broker working under them across India.

Top Business ModelSub Broker
Revenue Sharing40% to 70%
Security DepositRs.50,000 – Rs.250,000
Become Sub Broker in31 Days
Receive Payout in28 Days
FounderShri P.A.Krishnan
Established Year2006

India Advantage Securities has its base in Mumbai and has been successfully serving its customer 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 programmes covered by India Advantage Securities Brokers Company.

India Advantage Securities

India Advantage Franchise – Customer Ratings

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

Trading Platforms2.3/5
Revenue Sharing Model2.5/5
Security Deposit2.4/5
Market Share2.1/5
Overall Ratings2.3/5
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 is given in the below table:

Company TypePublic
Broker typeFull Service Broker
HeadquartersMumbai, Maharashtra
FounderPravin Mehta
Established Year1990
SB Code Activation Time31 Days
Payout Time33 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

    Become a Sub Broker
    1. Become Sub Broker

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    India Advantage Sub Broker – Business Models

    Find below table for details:

    Master FranchiseNo
    Sub BrokerYes
    Referral ProgramYes

    India Advantage provide 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 franchise 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 below table to know India Advantage Securities Franchise Commission Models and Revenue Sharing Models:

    Master FranchiseNA
    Sub Broker55% – 75%
    Referral Program15%

    Considered as one of the best broker franchise 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 starting from 55% of the leads and can range maximum 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

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

    Master FranchiseNA
    Sub BrokerRs.50,000 – Rs.200,000
    Referral ProgramZero

    The Security deposit or Initial cost that you need to reserve with India Advantage Securities to work with the company is discussed in details 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 is the rate of revenue which will be generated in the end.

    Here are Security Deposit info of other Stock Broking Franchise

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    India Advantage Partner Infrastructure Requirement

    Check the table to know India Advantage Partner Infrastructure Requirement:

    Office AreaMinimum 150 Sq Ft
    Employee StrengthMinimum 1
    Research ServicesYes
    Internet ConnectionNo
    Trading TerminalsYes
    Telephone LinesYes

    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 employees 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 DepositYes
    10k Initial DepositNo
    Flexible Revenue SharingYes
    Flat Revenue SharingNo
    Zero Revenue Sharing with PrepaidNo

    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 everyone 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 with zero deposits revenue sharing.

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    India Advantage Franchise Support

    Below table consist of various support provided by India Advantage Authorised Person program:

    Marketing SupportNo
    Back-Office SupportYes
    Trading SupportNo
    Advisory SupportYes
    Dealing TrainingYes
    Acquisition TrainingNo
    Product TrainingYes

    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 of India Advantage Brokerage charges levied to its Franchise Clients:

    Equity Delivery0.2% – 0.5%
    Equity Intraday0.02% – 0.05%
    Equity Futures0.02% – 0.05%
    Equity OptionsRs.20 – Rs.50 per Lot
    Currency Futures0.02% – 0.05%
    Currency OptionsRs.10 – Rs.25 per Lot
    Commodity0.02% – 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, 0.02 – 0.05% to equity intraday, equity futures and currency futures and commodity. 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 of India Advantage Account opening charges levied to its Franchise Clients:

    Demat AMCRs.399 per Annum
    Trading AMCFree
    Account Opening ChargesRs.249
    Transaction Charges0.00316%
    Margin MoneyMinimum 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 account, 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
      1. Become Sub Broker

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      List of Top India Advantage Securities Partners / Business Partners

      Company ListRemisiers NameTrade NameRemisiers Registration No.
      INDIA ADVANTAGE SECURITIESAmit A. MehtaAmi A. MehtaR/3036/19871/08/02/2008
      INDIA ADVANTAGE SECURITIESAmita Kaushik ShahAmita Kaushik ShahR/3036/22716/02/07/2008
      INDIA ADVANTAGE SECURITIESAnjana B. PatelAnjana B. PatelR/3036/14524/12/04/2007
      INDIA ADVANTAGE SECURITIESAnjana DaveAnjana DaveR/3036/14497/12/04/2007
      INDIA ADVANTAGE SECURITIESAnjana Sunil MehtaAnjana Sunil MehtaR/3036/37808/19/07/2010
      INDIA ADVANTAGE SECURITIESAnju U. DesaiAnju U. DesaiR/3036/11428/19/07/2006
      INDIA ADVANTAGE SECURITIESApexa Viren SanghaviApexa Viren SanghaviR/3036/29608/11/06/2009
      INDIA ADVANTAGE SECURITIESArun V. AlegaonkarArun V. AlegaonkarR/3036/20540/10/03/2008
      INDIA ADVANTAGE SECURITIESBalaji InvestmentBalaji InvestmentR/3036/17090/09/10/2007
      INDIA ADVANTAGE SECURITIESBeena H. MehtaBeena H. MehtaR/3036/21332/24/04/2008
      INDIA ADVANTAGE SECURITIESBhavik N. ParekhBhavik N. ParekhR/3036/20319/26/02/2008
      INDIA ADVANTAGE SECURITIESHiren Vamanrai BhattHiren Vamanrai BhattR/3036/14941/10/05/2007
      INDIA ADVANTAGE SECURITIESJ C C InvestmentJ C C InvestmentR/3036/37464/25/06/2010
      INDIA ADVANTAGE SECURITIESJ. P. InvestmentJ. P. InvestmentR/3036/24085/17/09/2008
      INDIA ADVANTAGE SECURITIESJayeshkumar Laxmibhai PatelJayeshkumar Laxmanbhai PatelR/3036/21157/15/04/2008
      INDIA ADVANTAGE SECURITIESJayyrath Wealth ManagementJayyrath Wealth ManagementR/3036/25069/22/10/2008
      INDIA ADVANTAGE SECURITIESJigar Bhupendrabhai ShahJigar Bhupendrabhai ShahR/3036/29465/29/05/2009
      INDIA ADVANTAGE SECURITIESJoshi Madhuri DilipJoshi Madhuri DilipR/3036/20661/14/03/2008
      INDIA ADVANTAGE SECURITIESKapil J. ShahKapil J. ShahR/3036/22063/30/05/2008
      INDIA ADVANTAGE SECURITIESKaushik G. DesaiKaushik G. DesaiR/3036/21468/25/04/2008
      INDIA ADVANTAGE SECURITIESLopa D. GandhiLopa D. GandhiR/3036/20318/26/02/2008
      INDIA ADVANTAGE SECURITIESM/s Parshwa InvestmentM/s Parshwa InvestmentR/3036/29609/11/06/2009
      INDIA ADVANTAGE SECURITIESM/s Vijeta Asset ManagmentM/s Vijeta Asset ManagmentR/3036/27619/10/02/2009
      INDIA ADVANTAGE SECURITIESMayari S. ShahMayuri S. ShahR/3036/18140/29/11/2007
      INDIA ADVANTAGE SECURITIESMeghvarsha InvestmentMeghvarsha InvestmentR/3036/22239/12/06/2008
      INDIA ADVANTAGE SECURITIESMehul B. KothariMehul B. KothariR/3036/20351/29/02/2008
      INDIA ADVANTAGE SECURITIESMukul TibrewalaMukul TibrewalaR/3036/23178/22/07/2008
      INDIA ADVANTAGE SECURITIESNilesh Shrikant ParchureNilesh Shrikant ParchureR/3036/18454/18/12/2007
      INDIA ADVANTAGE SECURITIESPatel’s SecuritiesPatel’s SecuritiesR/3036/22090/05/06/2008
      INDIA ADVANTAGE SECURITIESPralhad J. ShindePralhad J. ShindeR/3036/21808/23/05/2008
      INDIA ADVANTAGE SECURITIESPritesh Rameshbhai ShahPritesh Rameshbhai ShahR/3036/21741/14/05/2008
      INDIA ADVANTAGE SECURITIESRajesh R. MehtaRajesh R. MehtaR/3036/21469/25/04/2008
      INDIA ADVANTAGE SECURITIESRajesh R.JainRajesh R.JainR/3036/15399/15/06/2007
      INDIA ADVANTAGE SECURITIESS. S. SecuritiesS. S. SecuritiesR/3036/23177/22/07/2008
      INDIA ADVANTAGE SECURITIESSanal H. PandyaSonal H. PandyaR/3036/19781/06/02/2008
      INDIA ADVANTAGE SECURITIESSangita A. KoikarSangita A. KoikarR/3036/08552/29/11/2005
      INDIA ADVANTAGE SECURITIESSanjay Bhagwatsingh DesaiSanjay Bhagwatsingh DesaiR/3036/23179/22/07/2008
      INDIA ADVANTAGE SECURITIESSanjay D. ShahSanjay D. ShahR/3036/18179/30/11/2007
      INDIA ADVANTAGE SECURITIESShefali V. DoshiShefali V. DoshiR/3036/18337/10/12/2007
      INDIA ADVANTAGE SECURITIESSuresh Damu BholeSuresh Damu BholeR/3036/20463/03/03/2008
      INDIA ADVANTAGE SECURITIESSuresh Nandlal ThakkarSuresh Nandlal ThakkarR/3036/22468/18/06/2008
      INDIA ADVANTAGE SECURITIESTrigger Capital ServicesTrigger Capital ServicesR/3036/15234/01/06/2007
      INDIA ADVANTAGE SECURITIESTrupti Janak VyasTrupti Janak VyasR/3036/23294/24/07/2008
      INDIA ADVANTAGE SECURITIESVinayak InvestmentVinayak InvestmentR/3036/30289/13/07/2009
      INDIA ADVANTAGE SECURITIESVishakha Drumesh PandyaVishakha Drumesh PandyaR/3036/21740/14/05/2008