Are you researching for a good business venture as an additional source of income? If so, Zerodha Partner Program is worth your consideration.
Like 5,000+ partners working for the organization, you can earn recurring referral money as a Zerodha Partner.
All you need to do is bring new clients to the company and receive a specific percentage of the profits when the clients trade with Zerodha. If you desire to join the Zerodha Affiliate Program, this review is for you.
Here, you can learn the benefits of joining Zerodha as a partner, what commission and support you can receive, partner program SWOT analysis, and more.
Type of Broker | Discount Broker |
Total Partners | 5000+ |
Total Investment | Rs.11,000 – Rs.41,000 |
Partners Commission | 30% – 50% |
Avg. Monthly Profit | Approx. Rs.1,05,000 |
Breakeven Time | Within 1 month |
Payout Time | 30 days |
Zerodha Partner Program - Types of Business
Partner Program
Sub Brokership
Refer and Earn
Why Partner with Zerodha?
The following reasons make the Zerodha Affiliate program an attractive side business venture.
- Zerodha offers a lucrative share of 30% to 50% of its profits as a commission to its partners. Moreover, you can generate an average of about Rs. 1,12,500 monthly gains. And the plus point is that breakeven time lasts for just one month.
- When participating in the Zerodha Partner Program, you can become either a partner, sub-broker, or referral agent at your convenience.
- The broker doesn’t ask partners to pay the security deposit, making the partner program an affordable business option.
- To meet investing goals, the Zerodha Affiliate Program provides varied financial products, including conventional and non-conventional investment options. The financial products range from equity, derivatives, and commodities to mutual funds, IPOs, and NCDs.
Zerodha Affiliate Cost or Investment
Security Deposit (One Time)
Exchange Charges (One Time)
Office Expenses (Monthly)
The Zerodha Partner Cost is the first thing that every rational individual might research when considering becoming a partner at Zerodha.
Read further to know the details of the cost involved in becoming the brokerage house’s partner:
First, let’s talk about positive points. A potential partner can breathe a sigh of relief knowing that no security deposit is required for Zerodha’s partner program.
But you don’t have to deposit a single penny upfront as security fees. However, you will have to pay Rs.11,000 as exchange charges.
But don’t worry; it’s a one-time fee that you can consider as a fee to unlock a new business opportunity.
In addition, you can expect to incur some additional costs as office expenses. Fortunately, these expenses are flexible.
Your monthly office expenses will vary from zero to Rs.30,000, depending on how much you can invest in your affiliate venture.
Zerodha Partner Commission
Revenue Sharing
Per Client Acquisition
When working at Zerodha as a partner, you will enjoy making commissions at the company. You can earn an incredible 30% to 50% as a Zerodha Partner Commission.
The commission you receive is the money your referred clients make by investing with Zerodha. You can enjoy a significant portion of the firm’s profits with the whopping commission percentage.
In a nutshell, your skills in communicating with people and encouraging them to join and invest with Zerodha can unlock an excellent opportunity for you to make extra bucks.
Zerodha Partner Profits or Income
Check out Profits & Expenses forecast of Zerodha Affiliate Program.
Total Clients | 900 |
Active Clients | 300 |
Avg. Commission per Client | 1,500 |
Total Brokerage | 4,50,000 |
Partner’s Share (40%) | 1,80,000 |
New Client Acquisition | 50 |
Client Acquisition Income | 0 |
Partner’s Income | 1,80,000 |
Total Expenses | 30,000 |
Partner’s Net Profit | 1,50,000 |
Net Profit Margin | 33% |
This section will break down the above table of Zerodha Associate Profits to determine your earning potential as a partner:
Zerodha currently has a total of 900 clients, but only 300 are active, meaning they trade or invest actively with the firm. Each client can bring approximately Rs.1,500 commission for the broker’s partners.
With 300 active clients and a Rs.1,500 average commission per client, Zerodha’s total brokerage amounts to Rs.4,50,000. As the company’s partner, you retain 40% of the total brokerage, i.e., Rs.1,80,000.
Now, suppose Zerodha adds 50 new clients to its customer base. However, the broker doesn’t offer any reward for acquiring new customers.
So, your brokerage share will remain at Rs.1,80,000. With your total expenses of Rs.30,000, eventually, you can earn Rs.1,50,000 net profits.
Zerodha Partner Offers
Commission above 30%
Zero Investment
Free Advisory
Free Delivery Trading
Flat Brokerage Charges
1st Month Free Brokerage
Zero Brokerage on Loss Making Trades
You should know about Zerodha Agent Offers. So, let us inform you that Zerodha is among the leading Indian brokerage houses offering some cool stuff to their partners.
Firstly, you can receive an incredible share of 30%+ commission, adding more money to your bank account.
And you won’t believe it! Zerodha doesn’t ask for a single rupee as an investment to commence the business venture.
However, don’t expect to receive any free advice from the company’s professionals when working as its partner.
If you are worried about your bank account draining due to delivery charges, you can feel relieved as the broker offers free delivery charges. But still, you will have to pay flat brokerage charges.
Wait, it’s not the end. While you can’t escape paying brokerage charges in the first month of working as a partner, you can still save on brokerage on loss-making trades.
It means you don’t have to carry the extra burden of paying brokerage charges even after suffering from losses.
Zerodha Associate Program SWOT Analysis
Check out the SWOT Analysis on the Zerodha Partner Program.
Strength
- Zerodha Partner Program offers a whopping 30% to 50% commission rate.
- The brokerage house offers flexible business opportunities through a partner program, sub-brokership, and refer & earn.
- Partners are refrained from paying upfront fees as a security deposit.
- Zerodha provides conventional and non-conventional financial products, including equity, commodity, derivatives, mutual funds, IPOs, etc.
- With robust back-office support, partners can easily manage their business.
Weakness
- The company doesn’t offer free advisory support to its partners.
- Some partners can still find it challenging to pay monthly office expenses, impacting their profitability.
- Without marketing support, partners might fail to reach and acquire targeted clients.
Opportunities
- Zerodha can tap the international market by offering foreign stock investment options.
- Organizing educational webinars can attract partners with limited financial knowledge.
- With India’s growing financial services market, Zerodha can potentially expand its market share.
Threat
- New entrants are increasing the competition level in the Indian financial market.
- Changing financial regulations and SEBI’s compliance standards can bring irregularities in partner program’s operations.
- An economic slowdown can impact client trading and investing rates.
Zerodha Affiliate Program - Support
Acquisition Support
Products Training
Webinars
Advisory Support
Backoffice Support
Marketing Support
As a beginner, you might expect Zerodha Affiliate Support for better managing and running your business.
Don’t worry! The brokerage house has your back, regardless of whether you are a beginner or a pro in affiliate marketing.
First and foremost, you can leverage professional acquisition support from Zerodha. With this support facility, you can quickly locate new customers and bring them to the company.
In addition, experienced trainers will teach you the know-how of marketing financial products through product training.
Although Zerodha doesn’t organize webinars, it ensures you have all the necessary knowledge and skills with product training.
Moreover, there is no advisory and marketing support, but you can expect help with administrative tasks via back-office support.
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Zerodha Partner Program - Office Requirement
Area in Sq. Ft.
No. of Employees
Dealer Terminal
Mobile or Telephones
Call Recording
Laptops or Computers
CCTV
Reception
Managers Cabin
To earn money as a Zerodha Agent, you might need an office to run your business officially.
You don’t need to invest in a large-space office; a workplace of 100 to 200 square feet is more than enough. Furthermore, recruiting at least two employees is optional.
Whether you want to use the dealer terminal or not, it’s necessary to have a mobile or telephone connection.
In addition, you must have laptops or computers for managing your client’s transactions. Although installing CCTV is optional, using it will provide your business with better security.
Furthermore, you can assign a separate area in your office for reception and the manager’s cabin.
Zerodha Partner Dashboard Link
Web Platform
App Platform
Do you need help accessing the Zerodha Partner Dashboard link? Don’t worry! We have got your back.
If you want to use the company’s web platform, you can tap on the back-office link provided in the above table to access it.
Once redirected to the Zerodha web platform, enter the necessary details and tap the ‘Login’ button. Accessing your partner dashboard is just a few clicks away!
Zerodha Affiliate Login
Zerodha Affiliate Login is available to let partners access their unique dashboard. You can access your partner dashboard once you officially register with Zerodha and receive login credentials.
Enter your client code, registered e-mail or mobile number, and password to log in to the dashboard. After logging in, you can view all necessary reports and track your commission and profits.
Moreover, analyzing the progress report will help you make data-driven improvements to keep up with your game.
Zerodha Remisier Backoffice - Features
Lead Addition Link
Manual Lead Addition
Lead Stage Info
Lead Info Backend Change
Lead Deletion
Leads Report
Clients Activation Report
Clients Portfolio Report
Monthly Payout Report
Let’s delve into the Zerodha Partner Backoffice features.
- Lead Addition Link: This provides a seamless way to add newly acquired clients or leads to your Zerodha account. Leads addition link feature makes adding and managing new leads and converting them into your clients more effortless.
- Manual Lead Addition: If you are uncomfortable with the automatic lead addition link, you can manually add new potential clients or leads.
- Lead Stage Information: The lead stage information feature can help you understand the phases ranging from potential leads to actual customers. With this feature, you can know whether an individual is interested or almost ready to trade or invest with Zerodha.
- Leads Report: With this feature, you can view all vital details about your leads and know whether your lead generation efforts are successful.
- Clients Activation Report: Once your potential lead converts into an actual client, you can use this feature to know what they are up to. The client activation report will let you know whether they activated their account and started trading with Zerodha.
- Monthly Payout Report: This feature will act as your allowance report. Viewing this report will let you know the commission and profits you have earned each month. Moreover, you can learn the amount spent as expenses.
Zerodha Partner Desk
Call Support
Email Support
Understandably, when running the business with Zerodha as a partner, you will face challenges and have queries. In such a case, you can contact the Zerodha Partner Desk via call or e-mail.
The broker has two dedicated contact numbers for its partners to access help, i.e., 080-47181888 and 9513369973. In addition, you can access e-mail support at [email protected].
Zerodha Remisier Partner or Ratings by Finec.in
Overall Rating
Commission
Investment
Breakeven
Support
Experience
Zerodha Associate Program - Products Offered
Equity
Derivatives
Commodity
Currency
Mutual Fund
PMS or PCG
IPOs / FPOs / NCDs
Foreign Stocks
Insurance
Loans
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Zerodha Affiliate Program - Trading Platforms Offered
Trading App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Robo Advisory Platform
Thematic Investment Platform
Foreign Stocks Investment Platform
Backoffice Platfrom
How to Become a Zerodha Partner? - Eligibility Criteria
Age
Nationality
Academic Qualification
NISM Certificate
Only the individual meeting specific eligibility requirements can Become a Zerodha Agent. Let’s dive in to uncover the eligibility criteria set by the broker.
- First, the applicant’s age must be more than 21 years.
- Only an individual holding Indian nationality can become Zerodha’s partner.
- Regarding academic qualifications, you must be at least a recognized university graduate.
- Having a National Institute of Securities Market (NISM) certificate is compulsory.
Zerodha’s representatives will verify and confirm your eligibility. After that, you can join the company as its partner.
In addition to meeting the eligibility requirements, an applicant must submit the below-listed documents.
Zerodha Dealership - Documents Required
Partner Agreement
Identity Proof - Aadhaar
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque
Zerodha Affiliate Program – Conclusion
The Zerodha Affiliate Program can be your go-to solution when seeking a business opportunity to add extra money to your bank account.
Its partner program already has 5,000+ partners, making it a reputed brokerage house in India.
The best part is you don’t need to deposit an upfront fee and can access top-notch support to make your business journey seamless.
No matter whether you have just started with affiliate marketing or are an expert, the Zerodha partner program welcomes all.
FAQs on Zerodha Associate Business
Check out FAQs related to Zerodha Associate Business.
Does Zerodha provide a Partner Program?
Yes, Zerodha provides a dedicated partner program for individuals looking forward to earning money with their affiliate marketing skills.
You can make around Rs.1,12,500 monthly as the brokerage house’s partner.
How many Associate Partners does Zerodha have?
Zerodha is a network of more than 5,000 associate partners.
What is the earning potential of Zerodha Partner?
As Zerodha’s partner, you can receive a whopping commission varying from 30% to 50%. In addition, your average monthly profits can amount to Rs.1,12,500.
How to Become a Zerodha Associate Partner?
You can become a Zerodha associate partner after meeting pre-specific eligibility requirements and submitting mandatory documents.
Who are Zerodha Agents?
Zerodha agents are professionals who communicate with potential leads and convince them to trade and invest with the brokerage house.
Simply put, they refer new customers to the firm and receive a commission in return.
How much is Zerodha Affiliate Cost?
Regarding Zerodha affiliate costs, you must pay one-time exchange charges and monthly office expenses. Exchange charges amount to Rs.11,000, and office expenses can fall between zero and Rs.30,000.
What is the Zerodha Associates Commission?
The commission percentage of Zerodha associates is 30% to 50% of the profits the company earns via clients referred by the partners.
Do Zerodha Agents get back-office access?
Yes, as a Zerodha agent, you can access back-office support from the broker.
Is Zerodha Demat’s Account necessary to become a Partner?
Yes, you must have a Demat account to work with Zerodha as a partner.
How to connect with Zerodha Partner Desk?
To connect with the Zerodha partner desk, call 080-47181888 and 9513369973 or e-mail at [email protected].