Find out all details regarding Zerodha Sub Broker Franchise here.
With a robust presence in the minds of Indians, Zerodha has become a leading choice for traders and investors alike.
Established in 2010, the discount broker has over 5000 subbrokers in its network, each harnessing profit from Zerodha’s success.
The best part is that, with a small investment, you can become a Zerodha Sub Broker and earn commissions ranging from 30% to 50%.
How do I take a Zerodha franchise? And what are the potential benefits? Read on, as all these nitty-gritty details have been discussed in this review.
Type of Broker | Discount Broker |
Total Sub Brokers | 5000+ |
Total Investment | Rs.41,000 – Rs.71,000 |
Sub Brokers Commission | 30% – 50% |
Avg. Monthly Profit | Approx Rs.1,20,000 |
Breakeven Time | 1 month |
Payout Time | 30 Days |
Zerodha Franchise - Business Models
Sub Brokership
Partner Program
Refer and Earn
Why start a Zerodha franchise?
The Zerodha franchise might be a lucrative venture. Look at the given points, which speak much about the discount broker.
- Zerodha is a trusted company with over 5,000 partners already.
- Depending on your location, you only need to invest between Rs.41,000 and Rs.71,000.
- The cool thing is, if you bring in new customers, Zerodha will give you a big chunk of the money they make—somewhere between 30% and 50%.
- On average, you can make about Rs.1,20,000 monthly; it only takes a month to start making back the money you invested.
- They send you your earnings within 30 days, so you quickly get your money.
- Zerodha has different ways to work with them, like being a sub broker, joining their partner programs, or simply getting rewards for telling your friends about them.
Zerodha Sub Broker Commission
Revenue Sharing
Per Client Acquisition
Are you interested in Zerodha’s Sub Broker Commission? It’s a fantastic deal! Zerodha gives you a monetary reward when you help them get new customers.
You can get 30% to 50% of the money they make. The best part? You don’t have to spend any of your money if you already have many people who might use Zerodha.
So, you can make money without having to pay anything. If you’re considering working with Zerodha as a sub broker, it’s a great way to earn money that’s easy to understand and makes you happy.
Zerodha Franchise Cost or Investment
Security Deposit (One Time)
Exchange Charges (One Time)
Office Expenses (Monthly)
Thinking about becoming a part of Zerodha as a franchise? Let’s break down the Zerodha franchise cost in a simple way.
First, you don’t need to make a security deposit, which is excellent news! You have to pay a one-time fee of Rs.11,000.
Also, you’ll have monthly office expenses, which can be between Rs.30,000 and Rs.60,000. But don’t worry; these costs can change based on what you need and how much money you have.
Zerodha is a good choice because you don’t need much money upfront and can adjust your monthly expenses according to your needs.
Zerodha Sub Broker Franchise Profits & Income
Check out Zerodha Franchise Profits & Income here.
Total Clients | 900 |
Active Clients | 300 |
Avg. Commission per Active Client | 1500 |
Total Brokerage | 4,50,000 |
Sub Broker’s Share (40%) | 1,80,000 |
New Client Acquisition | 50 |
Client Acquisition Income (Zero per Client) | 0 |
Sub Broker’s Income | 1,80,000 |
Total Expenses | 60,000 |
Sub Broker’s Net Profit | 1,20,000 |
Net Profit Margin | 27% |
Imagine you work for Zerodha, a company that helps people buy and sell stocks. If you bring 900 clients to Zerodha and 300 of them actively trading, you can make good.
Let’s say each active client gives you an average of Rs.1,500. So, if you add up all the funds from these active clients, it’s Rs.4,50,000.
Zerodha gives you 40% of this, which is Rs.1,80,000. Now, you had some expenses, like office costs and other things, which added up to Rs.60,000.
Even after paying these expenses, you still have Rs.1,20,000 left. That’s your Zerodha franchise profit.
In simpler terms, you make much money by introducing people to Zerodha and helping them trade stocks.
Zerodha Sub Brokership Offers
Commission above 50%
Zero Investment
Free Advisory
Free Delivery Trading
Flat Brokerage Charges
1st Month Free Brokerage
Zero Brokerage on Loss Making Trades
The sub brokership offers some cool stuff called Zerodha franchise offers, but it could be better. You will get up to 50% of the money you make as a commission.
Sadly, you need to spend some money upfront. But if you have a well-established user base among the targeted audience, expect no investment here.
Also, they won’t give you free advice, so you’re on your own when making decisions. They also keep it simple with fixed charges, so there are no surprises.
If you were hoping for the first month to be free, sorry, that’s a no-go. And if you make a losing trade, they won’t make it accessible either.
Zerodha Authorized Person SWOT Analysis
Here is the detailed SWOT analysis related to the Zerodha AP:
Strengths
- With over 5,000 sub brokers, Zerodha offers a significant advantage to its authorized persons.
- Zerodha promises substantial commissions ranging from 30% to 50%, providing a robust earning potential for its partners.
- Requiring only a modest initial investment (ranging from Rs. 41,000 to Rs. 71,000), Zerodha’s sub broker program offers an affordable entry point.
- Zerodha provides multiple business models, including limited sub brokership and partner programs, allowing adaptability and choice.
- The broker offers specialized Relationship Manager (RM) support and extensive product training, ensuring partners receive the necessary guidance and knowledge.
Weaknesses
- Zerodha’s sub broker program needs more free advisory services, potentially limiting partner support in client interactions.
- Unlike some competitors, Zerodha does not offer zero brokerage on losses, which might affect the attractiveness of its offering.
- Zerodha keeps the first month’s brokerage, posing an initial financial burden on new sub brokers.
Opportunities
- With the increasing interest in stock trading, there is a vast market for Zerodha’s sub broker.
- Zerodha’s various business models allow authorized persons to explore multiple revenue streams, enhancing their income potential.
- Introducing educational webinars or advisory services could attract more clients, providing an opportunity to enhance the value proposition.
Threats
- The financial market is highly competitive, and the presence of numerous brokerage firms poses a threat to Zerodha’s market share.
- Any sudden regulatory changes in the financial sector could impact Zerodha’s business operations and commission structures.
- Rapid technological advancements demand continuous upgrades, and failure to keep up could lead to losing clients to more tech-savvy competitors.
Zerodha Franchise or Authorised Person Support
Dedicated RM Support
Dealer Training
Products Training
Acquisition Support
Webinars
Advisory Support
Backoffice Support
Marketing Support
Zerodha AP Support is like having a superhero come to the rescue of all its partners! It all starts with a particular relationship manager (RM) who guides partners when they have a problem.
Nope, Zerodha needs to teach partners how to be dealers. Yet, they ensure partners know a lot about the things they sell through extensive training.
They also help partners bring in new clients and make sure they have an easy time joining.
Although Zerodha doesn’t have online classes or advice sessions, they are great at supporting partners behind the scenes.
They even help partners with advertising! With Zerodha’s support, partners can feel confident and have a great experience!
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Zerodha Sub Broker Business - Office Requirement
Area in Sq. Ft.
No. of Employees
Dealer Terminal
Mobile or Telephones
Call Recording
Laptops or Computers
CCTV
Reception
Managers Cabin
When you want to be a part of the Zerodha franchise, you need some things for your office. First, your office space should be between 100 and 200 square feet.
You must have at least two employees in your office. It’s important to have computers or laptops for trading.
It would help if you also had mobile phones or telephones for communication. Having CCTV, a reception area, or a manager’s cabin is optional, so you can decide whether you want them.
The good thing is that Zerodha lets you make your office space just how you like it!
Zerodha Sub Broker Dashboard Link
Web Platform
App Platform
The Zerodha Sub Broker Dashboard is a powerful tool for partners involved in stock trading and investments.
With its user-friendly interface, this platform provides seamless access to a wide array of financial data and devices.
Subbrokers can easily navigate through the dashboard on web and app platforms, ensuring flexibility and convenience.
Through the Zerodha Sub Broker Dashboard, users can monitor real-time activities inside their dashboard and manage their investment portfolios efficiently.
To access the dashboard, obtain login details from Zerodha first.
Zerodha Franchise Login
Zerodha Franchise Login on the partner portal can be done instantly using a user ID and password. What, I don’t have it? You said.
No worries, because it is granted by Zerodha individually to its partner once they meet the criteria for becoming its professional partner.
Therefore, to get login details, you must first be eligible and have all documents on hand to complete the registration process quickly.
Zerodha Franchise Backoffice Platform - Features
Lead Addition Link
Manual Lead Addition
Lead Stage Info
Lead Info Backend Change
Lead Deletion
Brokerage Mapping
Manual Brokerage Change
Leads Report
Clients Activation Report
Clients Portfolio Report
Monthly Payout Report
Zerodha Sub Broker Backoffice is like a super easy computer program that helps people who work with stocks.
It’s designed to be simple and user-friendly. You can easily add new customers or leads; if you make a mistake, you can remove them, too.
The program shows you essential information about these leads, like where they become customers.
You can’t change the money details manually, but you can see reports about your leads, active customers, their investments, and how much you’ll get paid each month.
It’s like having a helper that makes everything smooth and easy!
Zerodha Sub Broker Review or Ratings by Finec.in
Overall Rating
Commission
Investment
Breakeven
Support
Experience
Zerodha Authorised Person - Products Offered
Equity
Derivatives
Commodity
Currency
Mutual Fund
PMS or PCG
IPOs / FPOs / NCDs
Foreign Stocks
Insurance
Loans
Zerodha Franchise - Trading Platforms Offered
Trading App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Robo Advisory Platform
Thematic Investment Platform
Foreign Stocks Investment Platform
Backoffice Platform
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How to Become a Zerodha Sub Broker? - Eligibility Criteria
Age
Nationality
Academic Qualification
Basic Computer Skills
Basic Communication Skills
NISM Certificate
To become a Zerodha sub broker, you must follow some steps:
First, you must be at least 18 years old, be from India, and have finished your primary education. It would help if you also were good with computers and talking to people.
- Next, you have to get a certificate from NISM. It’s like a particular school that teaches you everything about the stock market. It is essential to understand how everything works.
- Being good with computers is essential because you’ll use Zerodha’s website to help people buy and sell stocks. Zerodha’s website is easy to use, but you must know your way around it.
- Also, you should be good at talking to people. You have to explain things clearly to help clients. So, practising your communication skills, speaking and writing, is necessary.
Zerodha will help you learn all these things. They provide training and support, so don’t worry if you have questions.
Once you complete your training and the application process, you can start your journey as a Zerodha sub broker.
Zerodha Sub Brokership - Documents Required by Individuals
Sub Broker Agreement
Identity Proof - Aadhaar
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque
Zerodha Franchise - Documents Required by Firms or Company
Sub Broker Agreement
Firm or Companies PAN
Firm or Companies TAN
Firm or Companies Incorporation Certificate
Firm or Companies Bank Details
Firm or Companies Cancelled Cheque
All Partners or Directors PAN
All Partners or Directors Aadhaar
All Partners or Directors Photo
Zerodha Franchise: Conclusion
All you need are valid documents, Indian nationality, and at least 18 years of age to acquire a Zerodha franchise.
The partnership exposes you to attractive payouts and the soaring reputation of Zerodha, which is already leading the investment market.
Leveraging its marketing skills and outstanding services, the broker helps its partners generate 30%–50% commission per client quickly. But you will have to be dedicated and devoted to your job.
Zerodha Franchise FAQs
Here is the list of FAQs related to the Zerodha sub broker model:
Does Zerodha have a Sub Brokership Model?
Yes, Zerodha is a discount broker and offers a sub brokers model on a commission basis for individuals.
How many franchises does Zerodha have?
At present, Zerodha owns more than 5000 franchises.
What is the earning potential of Zerodha AP?
The earning potential of Zerodha is 1,20,000 INR per month.
How can I Start a Zerodha Franchise?
It would help if you examined the eligibility criteria to start working with the Zerodha Franchise.
If eligible, click on the tab at the bottom of the page and name it “Become a sub broker”. The team will contact you and guide you further.
Is Zerodha Franchise a Profitable Business?
Yes, the Zerodha franchise is a profitable business, having an earning potential of 27%.
Who are Zerodha Sub Broker?
Zerodha sub brokers are the applicants who work with them and offer their financial services to the customers.
What is Zerodha Franchise Cost?
There is no one-time fee attached to the Zerodha franchise; the only fee the client needs to pay is an exchange fee of 11,000 INR.
How much is the Zerodha Sub Broker Commission?
The Zerodha sub broker commission is 30% to 50%.
Does the Zerodha app get backoffice access?
Yes, Zerodha receives backoffice access from the company.
Is Zerodha Demat’s Account necessary to become a Sub Broker?
To be a sub broker, the applicant must open a demat account with Zerodha.
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