Best Sub Broker Franchise in Indore – Compare Top 10 Sub Brokers in Indore

Many capital market enthusiasts are interested in starting a career as a sub-broker and they search for the Best Sub Broker Franchise in Indore.

Indore is one of the biggest cities in Madhya Pradesh and is the home for a large number of broker houses. All top share broking companies of the nation hold at least one branch in this city which is run by business partners.

Locating the best sub-broker franchise in this city is not an easy task as Indore presents many options. But, if a person follows this article carefully then he will get a lot of assistance. He will find below the names of the Top 10 Sub Brokers in Indore that are doing exceptionally well in business.

Various useful details about these sub-broker franchises are discussed below that will help readers in selecting one from the list. Therefore, people who are interested in running a successful sub-broker franchise in Indore should read this article thoroughly.


List of Top 10 Sub Brokers Franchise in Indore

Here is the table containing the names of the top 10 sub-broker franchises in Indore. It will act as a good reference for readers.

RankSub Broker
1India Infoline
2Angel Broking
3Motilal Oswal
4Sharekhan
5Ventura Securities
6Alice Blue Online
7SAS Online
8SAMCO
9Asit C Mehta Investment
10Bonanza Portfolio

This table contains the names of the sub-broker franchises arranged in order of their popularity in this city. It will help readers immensely as a table represents data in the most simplified fashion. One can extract valuable data from a table at a glance and need not search for them in a crowd.

They can go through the names and the facilities offered by them and choose the Best Sub Broker Franchise in Indore easily. The top 10 sub-broker franchises in this city are IIFL, Angel Broking, Motilal Oswal, Sharekhan, Ventura Securities, Alice Blue, SAS Online, SAMCO, Asit C Mehta, and Bonanza Portfolio.

Readers will find below the profit-sharing percentage, payout time, and the investment required for becoming a business partner. These pieces of information play a crucial role while a person decides which broker house to partner with and this article will help him invariably.


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Rank 1 – India Infoline – Number 1 Broking Franchise in Indore

Franchise NameIIFL Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.200,000
Revenue Sharing50% – 75%
Receive Payout in40 Days
Branch OfficesIIFL Branch Offices
Branches in CityIIFL Branch Office in Indore
“Become a Sub Broker / Partner with India InfolineBecome Sub Broker

IIFL, also known as India Infoline, stands in the first position among the Top Broking Franchise in Indore. This broker house offers 360-degree wealth management solutions that can help an investor make a lot of profit.

It is also a convenient stockbroking company to partner with as, sub-brokers are provided a world of opportunities. This full-service broker house offers a sub-broker franchise for an investment of Rs.50,000 to Rs.200,000.

The profit-sharing margin is very high and is between 50% and 75%. India Infoline follows a payout time of 40 days and franchise owners will get their share of revenues credited in their bank accounts.

Therefore, this sub-broker franchise looks feasible for those who want to establish a successful franchise in Indore.


Rank 2 – Angel Broking – Top Sub Broker in Indore

Franchise NameAngel Broking Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.150,000
Revenue Sharing50% – 70%
Receive Payout in15 Days
Branch OfficesAngel Broking Branch Offices
Branches in CityAngel Broking Branch Office in Indore
“Become a Sub Broker / Partner with Angel Broking” Become Sub Broker

The second name in the list of the Top Sub Broker in Indore is of Angel Broking. It is a renowned full-service broker house in the country that operates many branches and has a large number of business partners in this city.

Traders and investors are given top-notch investment solutions by the expert capital market analysts housed by the company. It shares a good amount of revenue with sub-brokers and guides them effectively.

An initial investment of Rs.50,000 to Rs.150,000 is required for taking up a sub-broker franchise of Angel Broking. Business partners get at least 50% of the revenue earned and the maximum share is 70%. The payout time followed by this broker house is 15 days which is the least in the market.


Rank 3 – Motilal Oswal – Best Stock Broker Franchise in Indore

Franchise NameMotilal Oswal Franchise
Business ModelSub Broker
Security DepositRs.300,000
Revenue Sharing50% – 70%
Receive Payout in31 Days
Branch OfficesMotilal Oswal Branch Offices
Branches in CityMotilal Oswal Branch Office in Indore
“Become a Sub Broker / Partner with Motilal OswalBecome Sub Broker

Motilal Oswal is a top broker house in India and the Best Stock Broker Franchise in Indore. It has been offering unmatchable financial solutions since its inception in 1987. Traders can invest in an array of top-class financial products with this company and get a high amount of trading exposure.

Motilal Oswal also offers a great deal of assistance to its business partners and helps them enhance their efficiency.

An enthusiastic sub-broker has to invest Rs.300,000 for becoming a business partner of this full-service broker house. He will earn revenue of 50% to 70% of the revenue made that will be paid to him within a payout time of 31 days.


Rank 4 – Sharekhan – Sub Broker Franchise in Indore

Franchise NameSharekhan Franchise
Business ModelSub Broker
Security DepositRs.70,000 – Rs.100,000
Revenue Sharing50% – 75%
Receive Payout in33 Days
Branch OfficesSharekhan Branch Offices
Branches In CitySharekhan Branch Office in Indore
“Become a Sub Broker / Partner with SharekhanBecome Sub Broker

Established in 2000, Sharekhan is the fourth-best Sub Broker Franchise in Indore and is the first choice of a large number of traders and investors in this city. Its well-researched products draw in a lot of revenue for clients and help them manage their finance efficiently.

This Mumbai-based broker house has many business partners in Indore and there is scope for many more.

A sub-broker franchise of Sharekhan can be taken up for an investment amount of Rs.70,000 to Rs.100,000. Business partners get a profit share between 50% and 70% from this share trading company. The payout time is 33 days which is maintained strictly for every franchise owner.


Rank 5 – Ventura Securities – Top 10 Business Partner in Indore

Franchise NameVentura Securities Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.200,000
Revenue Sharing60% – 75%
Receive Payout in33 Days
Branch OfficesVentura Securities Branch Office
Branches in City
“Become a Sub Broker / Partner with Ventura SecuritiesBecome Sub Broker

Among the Top 10 Business Partner in Indore, Ventura Securities holds the fifth rank. It is a full-service brokerage house that has been serving relentlessly for the past two and a half decades.

It offers a large number of investment products and services to traders and investors and manages their wealth perfectly. The Ventura Securities sub-broker franchise is a profitable option for capital market enthusiasts in Indore as they can grow immensely in the stockbroking business.

An investment of Rs.50,000 to Rs.200,000 is required for becoming a business partner of this company. The profit-sharing percentage is between 60% and 75% which is paid within a payout time of 33 days.


Rank 6 – Alice Blue Online – Best Share Broker Franchise in Indore

Franchise NameAlice Blue Franchise
Business ModelSub Broker
Security DepositMinimum of Rs.10,000
Revenue Sharing50% – 75%
Receive Payout in28 Days
Branch OfficesAlice Blue Online Branch Office
“Become a Sub Broker / Partner with Alice Blue OnlineBecome Sub Broker

Alice Blue is a 2006-established discount brokerage company that holds the sixth position among the 10 Best Share Broker Franchise in Indore. It allows traders to invest in a wide variety of financial products at the lowest brokerage.

This share trading company follows a flexible sub-broker model that encourages more people to join it as a business partner. The lowest amount of investment is required for partnering with Alice Blue and it is only Rs.10,000.

This company shares 50% to 75% of revenue with the business partner franchise owners, which is a very good percentage. The payout time is only 4 weeks or 28 days and it is maintained strictly by the broker house.


Rank 7 – SAS Online – Best Broking Partner in Indore

Franchise NameSAS Online Franchise
Business ModelReferral Program
Security DepositZero
Revenue Sharing10% – 20%
Receive Payout in21 Days
Branch OfficesSAS Online Branch Office
“Become a Sub Broker / Partner with SAS OnlineBecome Sub Broker

SAS Online is the seventh rank holder in the list of the 10 Best Broking Partner in Indore. It is one of the top discount brokerage companies in the country and serves a huge client base in Indore.

Traders get to invest in various financial products and learn about the stock market conditions live from the advanced trading application run by SAS Online. This stockbroking company was founded in 1995 and climbed the ladder of fame with its unmatchable services.

SAS Online runs a referral program and interested candidates can participate in it for zero investment. The profit-sharing percentage is between 10% and 20% and the payout time is 21 days or 3 weeks.


Rank 8 – SAMCO – Top Master Franchise in Indore

Franchise NameSAMCO Franchise
Business ModelReferral Program
Security DepositZero
Revenue Sharing10% – 20%
Receive Payout in27 Days
Branch OfficesSAMCO Branch Offices
Branches in City
“Become a Sub Broker / Partner with SAMCOBecome Sub Broker

The eighth name among the Top Master Franchise in Indore is of SAMCO. It is a discount brokerage house that offers a suitable investment plan for every trader. Mr.Jimeet Modi founded this company in 1993 and has upgraded with a lot of advanced trading features.

This broker house has many business partners in Indore who earn a good amount every month. SAMCO has a referral program that demands no investment from a business partner’s end. This broker house offers a profit share of 10% to 20% to its partners within a payout time of 27 days.


Rank 9 – Asit C Mehta – Franchise Business Partner in Indore

Franchise NameAsit C Mehta Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.200,000
Revenue Sharing60% – 75%
Receive Payout in45 Days
Branch OfficesAsit C Mehta Branch Office
“Become a Sub Broker / Partner with Asit C MehtaBecome Sub Broker

The ninth rank in the list of the Top 10 Franchise Business Partner in Indore is secured by Asit C Mehta Franchise. It was established in 1984 and has been spreading its wings wide apart.

This broker house helps traders and investors in managing their capital the best way and investing them in profitable gateways.

A sub-broker franchise owner will have to invest Rs.50,000 to Rs.200,000 initially. He can earn a huge amount of profit from this collaboration which will range between 60% and 75%. The payout time is one and a half months or 45 days.


Rank 10 – Bonanza Portfolio – Share Market Franchise in Indore

Franchise NameBonanza Portfolio Franchise
Business ModelSub Broker
Security DepositRs.75,000 – Rs.200,000
Revenue Sharing65% – 80%
Receive Payout in1 month
Branch OfficesBonanza Portfolio Branch Office
Branches in City
“Become a Sub Broker / Partner with Bonanza PortfolioBecome Sub Broker

The final name among the Top 10 Share Market Franchise in Indore is of Bonanza Portfolio. It is a full-service Mumbai-based brokerage house that started its journey in 1994.

This wealth management company offers a wide range of financial products and helps clients in growing their wealth in a short time.

An initial investment of Rs.75,000 to Rs.200,000 is required for taking a sub-broker franchise of Bonanza Portfolio. It follows a 65% to 80% revenue-sharing model and the profit shares are credited in the business owner’s account within a month.


Sub Broker Franchise in Indore – Conclusion

Indore is a big city and thus, it offers a large number of options for sub-broker franchises to its residents.

This confuses capital market enthusiasts to a great extent and they are unable to choose the best Sub Broker Franchise in Indore. This article has discussed thoroughly the top 10 sub-broker franchises in this city that will help readers in the best way possible.


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