Check out Discount Plus Franchise review here. Find out details like its Franchise Cost, Sub Broker Commission, Estimated Monthly Profits, Office Requirements & more.

Discount Plus Sub Brokership is a leading Sub Broker franchise provider in India. If you are looking to start a business, then this Brand is one of the best option available to you.

Type of Broker Discount Broker
Total Sub Brokers 100+
Total Investment Rs.20,000 – Rs.50,000
Sub Brokers Commission 60% to 70%
Avg. Monthly Profit Approx. Rs.55,000
Breakeven Time 2 Month
Payout Time 30 Days

Discount Plus Franchise - Business Models

Sub Brokership

Yes, Limited

Partner Program

Yes

Refer and Earn

Yes

Discount Plus Sub Broker Commission

Revenue Sharing

60% to 70%

Per Client Acquisition

Rs.150

Discount Plus Franchise Cost or Investment

Security Deposit (One Time)

Zero Investment

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Rs.20,000 - Rs.50,000


Discount Plus Sub Broker Franchise Profits & Income

Check out Discount Plus Franchise Profits & Income here.

Total Clients 629
Active Clients 170
Avg. Commission per Active Client 795
Total Brokerage 1,35,150
Sub Broker’s Share (75%) 1,01,363
New Client Acquisition 25
Client Acquisition Income 3,750
Sub Broker’s Income 1,05,113
Total Expenses 47,000
Sub Broker’s Net Profit 58,113
Net Profit Margin 42%

Discount Plus Sub Brokership Offers

Commission above 50%

Yes

Zero Investment

No

Free Advisory

Yes

Free Delivery Trading

Yes

Flat Brokerage Charges

Yes

1st Month Free Brokerage

No

Zero Brokerage on Loss Making Trades

No

Discount Plus Franchise or Authorised Person Support

Dedicated RM Support

Yes, Limited

Dealer Training

Yes

Products Training

Yes

Acquisition Support

Yes, Limited

Webinars

Yes

Advisory Support

No

Backoffice Support

Yes

Marketing Support

Yes, Limited

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Discount Plus Sub Broker Business - Office Requirement

Area in Sq. Ft.

200 - 300 sq. ft.

No. of Employees

Atleast 2

Dealer Terminal

Optional

Mobile or Telephones

Mandatory

Call Recording

Optional

Laptops or Computers

Mandatory

CCTV

Optional

Reception

Optional

Managers Cabin

Optional

Discount Plus Sub Broker Dashboard Link

Web Platform

App Platform

NA

Discount Plus Franchise Backoffice Platform - Features

Lead Addition Link

Yes

Manual Lead Addition

Yes

Lead Stage Info

Yes

Lead Info Backend Change

No

Lead Deletion

No

Brokerage Mapping

No

Manual Brokerage Change

No

Leads Report

Yes

Clients Activation Report

Yes

Clients Portfolio Report

No

Monthly Payout Report

Yes

Discount Plus Sub Broker Review or Ratings by Finec.in

Overall Rating

6.87 / 10

Commission

6.84 / 10

Investment

6.95 / 10

Breakeven

6.89 / 10

Support

6.82 / 10

Experience

6.81 / 10

Discount Plus Authorised Person - Products Offered

Equity

Offered

Derivatives

Offered

Commodity

Offered

Currency

Offered

Mutual Fund

Offered

PMS or PCG

Offered

IPOs / FPOs / NCDs

Offered

Foreign Stocks

Not offered

Insurance

Not offered

Loans

Not offered

Discount Plus Franchise - Trading Platforms Offered

Trading App

Yes

Web Trading Platform

Yes

Trading Terminal

Yes

Algo Trading Platform

No

Robo Advisory Platform

No

Thematic Investment Platform

No

Foreign Stocks Investment Platform

No

Backoffice Platform

Yes

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How to Become a Discount Plus Sub Broker? - Eligibility Criteria

Age

21+

Nationality

Indian

Academic Qualification

Graduate

Basic Computer Skills

Yes

Basic Communication Skills

Yes

NISM Certificate

Yes, compulsory

Discount Plus Sub Brokership - Documents Required by Individuals

Sub Broker Agreement

Mandatory

Identity Proof - Aadhaar

Mandatory

Address Proof - Aadhaar / Rental Agreement

Mandatory

PAN

Mandatory

Passport Size Photo

Mandatory

Bank Account Details

Mandatory

Bank Cancelled Cheque

Mandatory

Discount Plus Franchise - Documents Required by Firms or Company

Sub Broker Agreement

Mandatory

Firm or Companies PAN

Mandatory

Firm or Companies TAN

Mandatory

Firm or Companies Incorporation Certificate

Mandatory

Firm or Companies Bank Details

Mandatory

Firm or Companies Cancelled Cheque

Mandatory

All Partners or Directors PAN

Mandatory

All Partners or Directors Aadhaar

Mandatory

All Partners or Directors Photo

Mandatory

Customer ratings and reviews of Discount Plus Sub Broker

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