Angel Broking Franchise / Authorized Person / Partner / Sub Broker Review

Angel Broking Franchise or Angel One Franchise is the largest broking franchise in India, with over 11,000 plus the sub-brokers ecosystem. This article will go through a detailed Angel broking Franchise Review.

This review consists of an in-depth analysis of Angel Broking Sub Broker Offers, Angel Broking Franchise Revenue Share Models & other important features of the Angel Broking Authorized Person Program.

Table of Contents

• Rating & Review
• Overview
• Business Models
• Commission
• Investment
• Offers
• Eligibility Criteria
• Support
• Documents Required
• Pros & Cons
• Earning Potential
• FAQs
• Become an Angel Broking Partner Now!

Angel Broking Franchise Customer Ratings & Review

About Angel Broking Franchise

Angel broking is a well-known stock broker based out of Mumbai, India, with about 30 years of booking experience.

They are one of the most innovative broking houses regarding marketing strategy. Angel broking has branches spread in more than 150 cities across India & their sub-broker business is spread over 500+ Indian cities & towns.

Angel broking provides all types of broking services to clients like Demat Accounts, Trading Accounts, IPO investments, Research reports, Robo Advisory & more.

Along with their wide range of services, they also provide a variety of products to their clients to trade with, like Equity, Derivatives, Commodity, Currency, Mutual Funds & more.

Apart from its diversified products & services, Angel Broking is known to be the largest broking franchise, with more than 11,000 sub-brokers.

They provide a wide variety of Products & Services to their Sub brokers & are quite flexible in commission sharing with their partners. Let’s have a detailed review now.

Best Sub Brokers in India is a vast area to explore. To gain more insights about these sub-brokers and their services and make your trade-related decisions.

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Angel Broking Franchise is divided into three types:

• Authorized Person / Business partner / Sub broker
• Master franchisee
• Remisier

Angel Broking Sub Broker or Angel Broking Authorized Person 

An Angel Broking Sub Broker Program is a low-investment venture of Angel Broking. It harps majorly on the network base of the sub-broker. Angel Broking has the highest number of Sub Brokers or Authorized Persons in the country.

Also, it is said to have a three-day quick registration process wherein, by the third day, one can get a sub-broker or AP registration number from BSE/NSE.

From its side, Angel Broking Franchise provides tools and products for customer service; it assists in marketing the business, the technology support, etc.

To be a sub-broker, one needs to make a security deposit of a minimum of INR 50,000, which is a refundable deposit – no franchisee fee involved.

As mentioned above, it provides marketing support and usually tags a dedicated relationship manager.

It also ensures that adequate training in the form of seminars, sessions, webinars, etc., is imparted to the sub-brokers and the staff from time to time.

To assist the sub-brokers, it also provides access to software for tracking the performance of various dealers and advising them. It offers a revenue-sharing model for sub-broker partnerships.

As per recent norms from SEBI, all Sub Brokers will now be converted into Authorized persons. The role of an Authorized person & Sub Broker is the same, but only the registration process differs.

Any new registration will now be in the name of an Authorized Person instead of a Sub Broker.

Benefits of Angel Broking Sub Broker or Authorized Person

• Flexible Initial Investment Amount
• Flexible Revenue Sharing Model
• 3-Day Tag Generation Process
• Free Demat Account to Sub Broker Clients
• Sub Broker Clients can open accounts in 5 minutes

Similar Sub Brokers, you may also Like

• Zerodha Franchise
• Groww Franchise
• Upstox Franchise
• IIFL Franchise
• 5Paisa Franchise

Angel Broking Master Franchise

This Angel Broking franchise model allows one to have a monopoly of brokership in a defined area/locality/jurisdiction.

Usually, such a model requires a handsome investment amount and a decent infrastructure. Similar to the sub-brokership model, even this model leverages network and client base to achieve success.

Angel Broking Sub Broker Commission can go up to 80% while the Angel Broking Franchise Cost ranges from RS.3 Lakh to Rs.5 Lakh.

Benefits of Angel Broking Master Franchise

• Monopoly over an Area, Location, or Town
• Revenue Sharing touches 80% of Sub Broker
• Large Area to work upon without any Direct Competitor
• The opportunity of Building a Large Business and long-term investment

Angel Broking Remisier

Angel broking’s Remisier Model is a very simple Company Agent model where the Agent, i.e., Remisier, gets prospects for Angel broking to open a Demat Account & Trading Purposes.

In this model, a remisier can negotiate for a free security deposit if they can provide high-quality prospects.

Generally, a remisier has to pay an initial investment amount of Rs.30,000 to start acting as a remisier of Angel Broking. Remisier Revenue Share starts at 30% & can go as high as 50%.

Benefits of Angel Broking Remisier

• Very Low Initial Investment
• Attractive Commission of 30%-50%
• The very easy onboarding process

Angel Broking Partner Revenue Sharing Model & Commission

Angel Broking is known to be one of the high-remunerating broking houses in the country. It offers very competitive revenue-sharing ratios, more so because it has seen sub-brokers high potential contributions to the broking business.

It also offers a dynamic model of revenue sharing ratio wherein the ratio of sharing would be a factor of multiple parameters like the revenue generated, the revenue projections, the existing client base, and the products being sold (i.e., whether equity or derivatives or mutual fund, etc.), and other similar parameters.

Commission Sharing Models

Thus, for each individual, the revenue-sharing ratio might be different. However, we have provided a general overview of the range of revenue-sharing ratios available to the Angel Broking franchise & Angel Broking sub-brokers.

• Since the functions are quite substantial for a sub-broker or an authorized person, the ratio of revenue allocated to them is also high – typically, it ranges from 50% to 70% averaging 60%. This ratio completely justifies the functions that sub-brokers carry out. This can be said to be slightly higher than the industry average.
• For the next category, i.e., master franchise, the revenue ratio is similar to that of a sub-broker; however, in this case, the ratio might be slightly higher, like 80%.
• Lastly, for the third category, i.e., a remisier, the revenue ratio ranges from 20% to 30%. This dip in the ratio is because of the lesser functional responsibility that a remisier carries, i.e., its role is limited to the introduction of potential clients.

All in all, one can be sure about fair remuneration with Angel Broking as the revenue sharing ratios are quite competitive and beneficial to the sub-brokers.

Check this table below to understand Commission sharing better:

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Angel Broking franchise cost or Security Deposit

In the sub-broking business, there is a well-established concept of placing certain deposits with the principal broker by the sub-broker. This security deposit is primary to make right any default that the sub-broker might commit during its tenure.

The amount of deposit generally varies between INR 10,000 to INR 3 lac depending upon the franchise model, the revenue, the client base, and other similar factors. All the broking houses adopt this practice of making a security deposit without exception.

Also, this deposit is entirely refundable, i.e., upon completion of the tenure, this deposit amount is returned to the Sub-Broker or Authorized Person.

Infrastructure Investment by Sub Brokers / Authorized Person

Infrastructure investment is the other category of investment that a sub-broker is generally expected to make. This refers to the workplace setup Angel Broking requires the sub-broker to maintain for attending to the clients.

Angel Broking, being a well-established brand, expects the sub-broker to maintain a decent infrastructure such that the workplace is of a decent size, is located in a decent locality, has sufficient workstations, internet connectivity, telephone lines, etc., to run a smooth business.

It would be important to mention that this investment would differ for each kind of sub-broker. For instance, a remisier would not require any office set up as it is not his role to entertain and attend to clients.

For a master franchiser, the amount may be higher than that of a sub-broker. Other factors that impact the infrastructure investment requirements include the city of residence, the client size, the products being dealt with, etc.

The below table gives a better perspective of Angel broking Security deposit amount:

Angel Broking franchise offers

As mentioned earlier, Angel Broking recognizes the potential of sub-brokers, and hence it takes quite a lot of effort to boost the business of its sub-brokers. Some of these efforts are in the form of offers like:

• High revenue ratio;
• Dynamic brokerage plans;
• Customized brokerage solutions;
• Low investment costs;
• Reduced margin money;
• Additional products to deal in;
• Free access to sub-broker clients for the research reports for a limited period
• Free advisory services to sub-broker clients etc.

Angel Broking Franchise – Eligibility Criteria

Now, Angel Broking has a very simple and quick procedure for appointing sub-brokers; the following are the eligibility criteria to start a broking franchise with Angel Broking:

• One of the major criteria, which is also a statutory & mandatory requirement, is registration with SEBI.
• Apart from this, the basic eligibility criteria are age, academic qualifications, experience, etc.
• Angel Broking requires the candidate to be at least 18 years of age and should have at least a graduation degree.
• Apart from that, any experience in the stock market or financial market & certifications from the apex & regulatory bodies of these markets would also be helpful.
• Angel Broking also performs a detailed background check of all the candidates before appointing them as sub-brokers; hence one needs to maintain a good & clean track record as well.

Angel Broking Sub Broker Support / Advisory

For sub-brokers, Support from the main broker is crucial. The sub-broker cannot function properly without proper Support from the prime broker.

And when it comes to Angel Broking, their support system is superb. They provide all kinds of Support you can even think of as a sub-broker.

Angel Broker provides it with all: relationship manager support, marketing support, client interaction support, back-office, trading, robo advisory, business management software, training, or manual operation support.

Thus, working as a sub-broker of Angel Broking is beneficial and easy as you will have a full-fledged array of Support.

How to become an Angel Broking Sub Broker or Authorized Person?

As mentioned above, Angel Broking has a very simple procedure for appointing sub-brokers.

• Please fill up the form herein with the basic details like your name, contact number & email ID;
• Our executives will connect with you to ensure the correctness of these details and understand your interest.
• We will connect you with the Business team of Angel Broking, who in turn will take the discussions forward.
• An appointment would be fixed up with the Business executives of Angel Broking, wherein the candidate and the Angel Broking executive would put forward their expectations and interests.
• In this meeting, all the terms like the revenue ratio, investment amount, security deposit amount, etc.
• Post this, an agreement would be executed, and the candidate would be required to submit various documents, as discussed in the next para.
• Once the agreement is executed, a sub-broker ID will be generated, and the work can be commenced.

This entire process takes somewhere around 2-5 business days.

Documents required to become Angel Broking Authorized Person or Sub-Broker

The list of Documents required to become a sub-broker are:

• Copy of ID proof;
• Address proof copy;
• Academic certificates;
• SEBI registration certificate;
• Investment proof;
• Security deposit payment proof;
• Age proof

Why Partner with Angel Broking?

Check various reasons to partner with Angel broking:

Strong Brand Recall

Angel Broking Partner ecosystem is very widespread with more than 8000+ sub-brokers. They are the market leaders in this segment & are present in over 900+ cities.

Robust Technology

Technology is the backbone of Angel Broking. They have been a pioneer in web-enabled back-office software & have been awarded the best trading app in 2016.

They have built all sorts of extremely advanced trading tools used for all platforms & devices.

Business Partner Support

Angel Broking provides CRMS, i.e., advisory dashboard, to their sub-brokers, giving all sorts of information regarding their clients.

Angel also provides marketing support to their sub-broker partners, then gives margin limits/exposure & flexible leverages on trading to their sub-brokers.

They also conduct seminars, risk management support, trading programs & backup Support to the Angel Broking Franchise owners.

Training Support

The Broking house imparts high-quality training to Sub Brokers & their employees. This training is related to business development, trading platforms, best use of marketing materials & more.

Advisory Support

The research & advisory support that Angel Broking gives to its sub-broker is also an added advantage.

Top-Notch Trading Platforms

Angel Broking provides a wide variety of trading platforms to its clients. They have trading platforms across devices & browsers.

Angel broking App is one of the best Mobile trading platforms in India & has won many awards. These trading platforms give a lot of analytical insight to traders & investors.

Angel Broking Franchise – Pros & Cons

Pros

• Huge network – India’s largest brokerage house
• Multiple supports are offered
• High revenue share

Cons

• Strict eligibility criteria

Angel Broking Franchise Registration

If you want to become an Authorised Partner of Angel Broking, presently Angel One, then you have to fill out the form in the right-hand corner of their website, on the Authorised partner’s page.

Then enter the details like name, mobile number, and current city. Then you will receive a call from the Angel Broking associates.

They will confirm the purpose of your application and verify your interest in becoming the sub-broker/ Authorised Person.

Then you will have to present your business model to them, and once they approve it, you will have to pay the security deposit required for registration.

Once all these are done, and your documents are verified and approved, you will receive the account ID on your registered email id and start working.

Earning the potential of an Angel Broking Partner / ROI

The partner of Angel Broki9ng can earn anywhere between 50% to 70% of the revenue generated by the clients brought by him during investment.

Suppose you have brought five clients to Angel Broking in the first month, and these five clients cumulative paid brokerage of Rs. 2 lakhs to the broker in May (suppose).

So, you can earn anywhere between Rs. 1 lakh to Rs. 1.4 lakhs for May.  In June, you brought another three clients, and all eight clients together paid a brokerage of Rs. 5 lakhs in June.

So, your share of the revenue for June would be Rs. 2.5 lakhs to Rs. 3.5 lakhs. The revenue share rate will also increase when the brokerage amount paid by your client increases.

Angel Broking Franchise Referral Program

The referral program of Angel Broking/ Angel One is a no-investment business opportunity. You do not have to invest any amount, unlike what you have to do for a sub-brokership or franchisee.

Here you can refer new clients, and on every successful referral, you earn a commission and free vouchers.

Brokerage Charges levied on the clients of Angel Broking Partners

One of the most important things about any brokerage firm is its brokerage charges. Even when applying as a partner, you need to check the brokerage plans, as that will affect your client acquisition process the most.

So, Angel broking charges only Rs. 20 or 0.25% (whichever is lower) for segments like intraday, futures, options, commodities, and also for currencies.

There are no brokerage charges on the delivery trades and no annual maintenance charges for the first year.

So, even being a full-service brokerage house, Angel Broking charges a flat-fee brokerage which is incredible and the main attraction for most clients.

Angel Broking Authorised Person – Products Offered

Angel Broking is a full-service broker and provides all types of investment products. You name it; they have it. They also have an equity trading facility, currency trading, commodities, derivatives, and margin trading facility.

On the other side, there are debt instruments as well. There are corporate bonds, tax-free bonds, sovereign bonds, NCD, and much more.

This makes the journey of a sub-broker with Angel Broking much easier as they have so many products to offer that will satisfy different investors’ needs for investment.

Angel Broking Franchise App

Angel Broking Franchise App is a business management platform that the broker has introduced to help authorized persons become a crucial part of the whole digital ecosystem and generate leads and acquire clients through this.

This is an advanced digital marketing and client relationship management tool that is also available in the form of a mobile application.

NXT a Franchisee Platform

NXT is the platform for the Authorised Persons of Angel Broking, which we discussed in the above paragraph. It is a high-end digital marketing and client management tool.

This comes as an application for mobiles as well as desktops. You can check your clients’ details, engagement, performances, lead generation, and everything using this platform.

Using these platforms, you can get a business consultant from Angel Broking to level up your business.

Angel Broking Authorized Person Testimonials

Working with such a reputed broking house in the country has been a pleasure. It has been a very hassle-free journey with Angel Broking. They assist you right from the beginning of the proposal and will continue to provide full-time Support throughout the tenure. BY – Kavi Hasija, UP.

Angel Broking was my first choice as I heard about them from my relative who has been in the broking business for a long. I was aware that they have good offers for their sub-brokers, but I was more impressed with the help & support that they provided me to establish my setup. BY – Akshay Lalwani, Ahmedabad.

I have been with Angel broking for almost four years now. Since I did not have much experience in this field and did not even have any relatives or friends, I thought it would be very difficult for me. But they have been very supportive in setting up, client acquisition, and client advising. Their dynamic revenue-sharing model has also been very rewarding, which is very progressive for me. By – Latha Devi, Mangalore

Angel Broking Franchise Summary

To summarize the review, one can say that Angel Broking has three different association models which may be suitable and preferable to the different categories of people.

They also have very basic eligibility criteria and easy entrance to the business. Their revenue-sharing models are quite favourable to the sub-brokers compared to other broking houses.

The investments & deposit requirements are similar to that one would find in the case of other broking houses. A Sub broker gets a lot of value while associating with Angel Broking Partner Program.

Angel Broking Authorized Person Program FAQs

Here is the list of FAQs related to the Angel Broking Program:

Functions of sub-broker or authorized person?

A sub-broker acts as an agent of a principal broker and hence performs all functions that a principal broker performs, like adding clients, advising clients, trading for clients, etc.

Types of sub-broker models?

Angel broking offers three business models – sub-broker, master franchiser & reimisier, or referrer.

Eligibility criteria to become Sub-broker?

• Age – minimum 18 years
• Must be a graduate
• Must hold a SEBI registration certificate
• Experience in the stock market

Assistance by Angel Broking to a sub-broker?

• Marketing support;
• Assistance in operating trading terminals;
• Advisory Support
• Research reports
• Assistance in the initial setup

Does Angel Broking have Sub Broker Model?

Yes, if you are searching for business opportunities related to the Stock market, you can opt for the sub-broker model provided by Angel Broking.

Their sub-broker model is one of the popular stockbroker franchise models in the market, with a wide sub-broker network spread across the country.

Does Angel Broking have multiple Franchise models?

Yes, Angel Broking does not only provide the sub-broker model but provides two more franchise models.

It also provides a master franchise business model and the Remisier business model. However, the most popular model is the sub-broker model.

What is Angel Broking Sub Broker Commission?

Being the sub-broker of the stockbroker, you will be entitled to a revenue sharing of 50% to 70%. Yes, the percentage range indicates that the final entitlement is negotiable.

When you meet up with the brand to discuss all the necessary aspects of the contract, the final sharing will also be attained.

How much does Angel Broking Franchise Cost?

Since Angel Broking provides three franchise models, the investment required varies accordingly. The franchise cost for Sub broker model is – Rs.50,000 to Rs.1,00,000.

The master franchise investment cost is Rs.1,00,000 to Rs.3,00,000. Finally, the investment cost for the remisier model is Rs.10,000 to Rs.25,000.

Does Angel Broking have Partner Program?

Yes, Angel Broking also provides the partner program alongside the most popular sub-broker model and also master franchise model.

This partner program applies to all the existing or future clients of Angel Broking, who can earn Commission based on the network marketing they perform.

What is Angel Broking Partners Sharing?

If you wish to be the partner of Angel Broking, you will be entitled a revenue-sharing which ranges between 20% to 30%.

The final rate is fixed upon multiple factors, including the amount of deposit provided from the prescribed range of Rs.10,000 to Rs.25,000.

Is Angel Broking Partner Program Free?

No, this company does provide the partner program but does not provide it free of cost. To avail of the business partner program, you need to pay Rs.10,000 to Rs.25,000.

This fee is pretty low in comparison to the other business models.

Does Angel Broking provide Training Assistance?

Yes, providing training to the franchisee is a part of the sub-broker and master franchise business model. Angel Broking provides training assistance through seminars, sessions, webinars, and other relatable affairs.

Also, the broker assists in business development, trading platforms, best use of marketing materials & more.

How to Become Angel Broking Sub Broker?

Choosing the sub-broker model of Angel Broking, you can avail of it right from this page. Click on the “Become Sub Broker” button from the bottom of the page and fill in the form displayed.

You will be connected with the company, which will provide you with an appointment, following which you can discuss everything and get into a contract.

Does Angel Broking Franchise provide Support?

Firstly, the stockbroker provides Support in the domain of research and advisory to all its sub-brokers.

The further Support extended to the franchisee is of CRMS, i.e., advisory dashboard, marketing support, margin limits/exposure & flexible leverages, business development, trading platforms, and more.

Are Angel Broking franchises profitable?

Yes, Angel Broking is a highly profitable franchisor. You can earn higher revenue with small initial investments.

How do you become an Angel Broking Authorised person?

To become an Authorised Person of Angel Broking, you need to fill out the form when you have provided your contact number.

You will get a call from the firm, and they will verify your business plan, intention to become an AP, and other factors. Then you will be asked to upload the documents like education certificates, SEBI registrations, experience records, bank statements, PAN, AADHAAR, and others.

Once the documents are verified, you will get an email with your AP account id.

Which stock broker is best for the franchise?

Angel Broking is one of the largest brokerage houses in the country, and at the same time, it is one of the best franchises to opt for. It offers a huge revenue share and provides multiple Support at low initial investments.

How do I get an Angel Broking franchise?

To get an Angel broking franchise, you will have to check whether you meet all the eligibility criteria or not. Then you will have to apply for the opportunity and verify all the documents and details.

Then you will have to pay the initial investment amount, and you are all set.

How does Angel Broking make money?

Angel Broking is a brokerage house, and like all other brokerage houses, it charges brokerage from its clients. The brokerage they earn is the firm’s revenue, which they share with the sub-brokers according to their client acquisition and performance.

How do you become an Angel Broking partner?

If you want to become a referral partner of Angel Broking, you can just join the referral program.

You can refer different people, and for those who open an account with Angel Broking using your reference, you will get a commission against the same.

Who is the best stock broker in India?

Angel Broking is undoubtedly one of the most popular stock brokers in India. It has the maximum number of clients and a network of 11000+ Authorised Persons.

What is the role of the sub-broker in Angel Broking?

The sub-brokers at Angel Broking have lots of things to do. They pitch to the clients, acquire clients, explain to them the products, and help them register with Angel Broking.

Then they help them trade if the client asks for the same. Then handle all the client’s brokerage-related services and a lot more.

How do I know if my broker is registered or a Sub-broker in Angel Broking?

Angel Broking’s sub-brokers must display the SEBI registration number or the Authorised person code. The clients can easily identify whether the sub-broker is registered or not using this code.

What is the holding amount in Angel Broking?

The holding amount is the worth/ value of total securities held in Angel Broking’s Demat account.

How do I change my sub-broker in Angel Broking?

If you wish to change your sub-broker with Angel Broking, you need to send an email to support@angelbroking.com, and they will check whether any change is possible/ allowed or not and will inform you accordingly.

Start your Broking Business with Angel Broking