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

Econo Broking 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 Full Service Broker
Total Sub Brokers 280+
Total Investment Rs.40,000 – Rs.90,000
Sub Brokers Commission 60% to 70%
Avg. Monthly Profit Approx. Rs.53,819
Breakeven Time 3 Month
Payout Time 30 Days

Econo Broking Franchise - Business Models

Sub Brokership

Yes

Partner Program

Yes

Refer and Earn

Yes

Econo Broking Sub Broker Commission

Revenue Sharing

60% to 70%

Per Client Acquisition

Zero

Econo Broking Franchise Cost or Investment

Security Deposit (One Time)

Rs.30,000 - Rs.50,000

Exchange Charges (One Time)

Rs.3,500

Office Expenses (Monthly)

Rs.30,000 - Rs.50,000


Econo Broking Sub Broker Franchise Profits & Income

Check out Econo Broking Franchise Profits & Income here.

Total Clients 703
Active Clients 185
Avg. Commission per Active Client 705
Total Brokerage 1,30,425
Sub Broker’s Share (75%) 97,819
New Client Acquisition 25
Client Acquisition Income 0
Sub Broker’s Income 97,819
Total Expenses 44,000
Sub Broker’s Net Profit 53,819
Net Profit Margin 41%

Econo Broking Sub Brokership Offers

Commission above 50%

Yes

Zero Investment

No

Free Advisory

Yes

Free Delivery Trading

No

Flat Brokerage Charges

No

1st Month Free Brokerage

No

Zero Brokerage on Loss Making Trades

No

Econo Broking Franchise or Authorised Person Support

Dedicated RM Support

Yes, Limited

Dealer Training

Yes, Limited

Products Training

Yes

Acquisition Support

Yes

Webinars

Yes

Advisory Support

Yes

Backoffice Support

Yes

Marketing Support

Yes, Limited

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Econo Broking 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

Econo Broking Sub Broker Dashboard Link

Web Platform

App Platform

NA

Econo Broking Franchise Backoffice Platform - Features

Lead Addition Link

Yes

Manual Lead Addition

Yes

Lead Stage Info

Yes

Lead Info Backend Change

No

Lead Deletion

Yes

Brokerage Mapping

No

Manual Brokerage Change

No

Leads Report

Yes

Clients Activation Report

Yes

Clients Portfolio Report

Yes

Monthly Payout Report

Yes

Econo Broking Sub Broker Review or Ratings by Finec.in

Overall Rating

6.75 / 10

Commission

6.72 / 10

Investment

6.83 / 10

Breakeven

6.77 / 10

Support

6.71 / 10

Experience

6.69 / 10

Econo Broking Authorised Person - Products Offered

Equity

Offered

Derivatives

Offered

Commodity

Offered

Currency

Offered

Mutual Fund

Offered

PMS or PCG

Not offered

IPOs / FPOs / NCDs

Offered

Foreign Stocks

Offered

Insurance

Not offered

Loans

Not offered

Econo Broking 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

Yes

Backoffice Platform

Yes

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How to Become a Econo Broking Sub Broker? - Eligibility Criteria

Age

21+

Nationality

Indian

Academic Qualification

Graduate

Basic Computer Skills

Yes

Basic Communication Skills

Yes

NISM Certificate

Yes, compulsory

Econo Broking 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

Econo Broking 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 Econo Broking Sub Broker

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