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

Check out the list of Best Sub Broker Franchise in Itrasi here. Investing in the stock market has been a part of large number of people’s life since years.

Initially, investing was a cumbersome process as compared to the technology-based investing that has overtaken in recent times.

This causes a lot of demand for good and reputed broking houses that would serve to be the top sub broker franchise in Umaria.

For anyone who wishes to start a franchise for broking house, here is the details of the top 10 sub brokers in Umaria that are enlisted after researching the demand from the city.


List of Top 10 Sub Brokers Franchise in Umaria

This section has ranked the best sub broker franchise in Umaria for the readers benefit.

RankSub Broker
1Angel Broking Franchise
2Sharekhan Franchise
3Geojit Finance Franchise
4Upstox Franchise
5Alice Blue Franchise
6SAMCO Franchise
7Profitmart Franchise
8IIFL Franchise
9NJ Wealth Franchise
10Edelweiss Franchise

These ranks pertain to different aspects that the broking house has to offer to a new franchisee who wishes to start an outlet for the same in the market.

For Umaria, the topmost broking house is Angel Broking. After that follows ShareKhan, Geojit Finance, Upstox and many more that are also highly demanded from investors in the city.


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    Rank 1 – Angel Broking – Number 1 Broking Franchise in Umaria

    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
    “Become a Sub Broker / Partner with Angel Broking” Become Sub Broker

    The Top Broking Franchise in Umaria is Angel broking. It is well demanded for being one of the market leaders in the stock broking sector.

    It also offers a great career potential to business person who wishes to have a flourishing enterprise.

    Its attractive revenue sharing model of 50% to 70% gives good gains to the franchisee.


    Rank 2 – Sharekhan – Top Sub Broker in Umaria

    Franchise NameSharekhan Franchise
    Business ModelSub Broker
    Security DepositRs.70,000 – Rs.100,000
    Revenue Sharing50% – 75%
    Receive Payout in33 Days
    Branch OfficesSharekhan Branch Offices
    “Become a Sub Broker / Partner with Sharekhan” Become Sub Broker

    The second Top Sub Broker in Umaria is Sharekhan. It has been in the market for over 20 years and have a customer segment of nearly more than 2 million.

    It ranks second for the numerous branches that it has in various cities. Till today it has partnered with more than 3000 business.

    The business model works on a sub broking terms and is based on sharing the net revenue of the enterprise between the franchiser and franchisee on pre-decided terms that could be about 50% to 75%.


    Rank 3 – Geojit Finance – Best Stock Broker Franchise in Umaria

    Franchise NameGeojit Finance Franchise
    Business ModelSub Broker
    Security DepositRs.50,000 – Rs.150,000
    Revenue Sharing50% – 70%
    Receive Payout in20 Days
    Branch OfficesGeojit Finance Branch Offices
    “Become a Sub Broker / Partner with Geojit Finance” Become Sub Broker

    Geojit Finance is a demanded and Best Stock Broker Franchise in Umaria. Its services offered pertain to investment planning, tax planning and retirement planning that sets up a large client base from young to old.

    The business model is that of a sub broking one commenced with a revenue sharing criteria. The approximately calculated return on investment days is expected to be 20 days.


    Rank 4 – Upstox – Sub Broker Franchise in Umaria

    Franchise NameUpstox Franchise
    Business ModelSub Broker
    Security DepositRs.25,000 – Rs.50,000
    Revenue Sharing10% – 30%
    Receive Payout in31 Days
    Branch OfficesUpstox Branch Offices
    “Become a Sub Broker / Partner with Upstox” Become Sub Broker

    Earning commission by starting a Sub Broker Franchise in Umaria also has Upstox as a worthy option. Upstox is one of the quickest growing broking house in the country.

    Every trade placed by clients and every referral to a friend or family allows the sub broker to earn incentive on the same.

    Starting a branch for Upstox is easy and requires initial investment of about Rs. 25,000 to Rs. 50,000 after which cash inflow can be seen post 31 days of the units run.


    Rank 5 – Alice Blue – Top 10 Business Partner in Umaria

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

    The 5th ranked Top 10 Business Partner in Umaria is Alice Blue Online. Its range of services provided in equities, mutual funds, futures, option and more calls for its high demand from public.

    It has minimum investment needed from the franchisee to start the enterprise and fair revenue splitting criteria.

    The investable amount for the franchise is Rs. 10,000 and revenue splitting can range from 50% to 75%.


    Rank 6 – SAMCO – Best Share Broker Franchise in Umaria

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

    The next rated as the Best Share Broker Franchise in Umaria is SAMCO. The company was established in the year 2015 by Jimeet modi.

    It is a growing discount broking franchise that runs on a referral program model. Here, commission is earned based on number of referrals made to another.

    It is highly demanded as there is no investment cost to be incurred to be a part of the firm.

    Moreover, lifetime trade of the referred would serve 10% to 20% of the brokerage income to the franchisee which is an appealing inflow of money.


    Rank 7 – Profitmart – Best Broking Partner in Umaria

    Franchise NameProfitmart Franchise
    Business ModelReferral Program
    Security DepositRs.25,000 – Rs.100,000
    Revenue Sharing60% – 80%
    Receive Payout in14 Days
    Branch OfficesProfitmart Branch Offices
    “Become a Sub Broker / Partner with Profitmart” Become Sub Broker

    The 7th Best Broking Partner in Umaria is Profitmart. It has a negotiable and attractive revenue sharing model.

    Moreover, it allows franchise at a discounted rate with wide support provided at all times. Its payout days is 2 weeks which gives quick returns.

    If you wish to start a franchise for Profitmart, the initial investment would be around Rs. 25,000 to Rs. 1,00,000.


    Rank 8 – IIFL – Top Master Franchise in Umaria

    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 Umaria
    “Become a Sub Broker / Partner with IIFL” Become Sub Broker

    India Infoline stands 8th among the Top Master Franchise in Umaria. It is a listed company in the NSE and BSE known well for its brand equity, good returns and multiple business models.

    Moreover, because of its easy establishment procedure, it is also very well demanded among franchisees.

    The initial investment required if you wish to start a franchise for this broking house is Rs. 50,000 to Rs. 2,00,000.


    Rank 9 – NJ Wealth – Franchise Business Partner in Umaria

    Franchise NameNJ Wealth Franchise
    Business ModelSub Broker
    Security DepositRs.50,000 – Rs.100,000
    Revenue Sharing50% – 70%
    Receive Payout in31 Days
    Branch OfficesNJ Wealth Branch Offices
    “Become a Sub Broker / Partner with NJ Wealth” Become Sub Broker

    Next demanded Business Partner in Umaria is starting a franchise for NJ Wealth. Its headquarters are situated in Surat, Gujarat but it has been successful to grow many outlets all over the country.

    Its high-quality network provides worthy services to investors who wish to start a portfolio and trade in the market.

    It is built on a revenue sharing model and has very less pay out days compare to other franchise which is about 31 days.


    Rank 10 – Edelweiss – Share Market Franchise in Umaria

    Franchise NameEdelweiss Franchise
    Business ModelSub Broker
    Security DepositRs.100,000 – Rs.400,000
    Revenue Sharing55% – 70%
    Receive Payout in31 Days
    Branch OfficesEdelweiss Branch Offices
    “Become a Sub Broker / Partner with Edelweiss” Become Sub Broker

    On the top 10 Share Market Franchise in Umaria, the last one is Edelweiss.

    It is a SEBI registered company that deals with many segments of the market like equities, mutual funds, forex and more and works towards profitable portfolio of customers.

    Being a sub broker for Edelweiss has few steps to be followed and an investment of around 1 lac to 4 lac to set up the business.


    Sub Broker Franchise in Umaria – Conclusion

    The details in this article has made sure that the Sub Broker Franchise in Umaria are well known to the franchisee willing to start an outlet for the same in the city.

    It is in turn an answer to all the dilemma that the potential franchisee faces while trying to make a decision on the best pick as per which franchise he/she should join hands with.


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