Start Sub Broker Franchise with Choice

Sub Broker Franchise Without Deposit
  • Highest Revenue Sharing
  • Upto ₹ 1000 Per Account Incentive*
  • Lifetime Income Source

Sub Broker Franchise Benefits

Sub Broker Franchise with Dedicated Support

Dedicated Franchise Support

Sub Broking Franchise with Timely Payouts

Timely Payouts

Advanced software to manage stock broking franchise business

Advanced Software

Become a sub broker with marketing & sales support

Marketing & Sales Support

Become a sub broker with dedicated whatsapp & telegram channels

Local Relationship Manager

Sub broker training through webinars and conferences

Training Support

Sub broker franchise with cutting-edge trading platforms

Cutting-edge Trading Platforms

Sub brokership with transparent & growth-oriented business model

Become a Choice Sub Broker

Become a Choice Sub Broker

Get your sub broking franchise with a partner that puts your best interest at heart.

Join Now

Unlock Your Earning Potential

Choice offers an extensive portfolio of financial products backed by 25+ years of experience. As a sub broker, you can offer a wide range of financial products, including:

Find out more
Become a sub broker & earn through Equity and Commodity Broking

Stock Market

Become a sub broker & earn through Mutual Funds

Mutual Funds

Become a sub broker & earn through Insurance

Insurance

Become a sub broker & earn through retail loans

Retail Loans

Become a sub broker & earn through Bonds

Bonds

Become a sub broker & earn through Corporate FDs

Corporate FDs

Why Be a Choice Sub Broker?

Team up with a respected brand in the financial industry. As a SEBI sub broker, you'll be a part of the esteemed Choice group. We are proud to have:

750K+

Clients

95+

Local Offices

30K+

Franchises

2.6K+

Employees

Choice Sub Broking Franchise Eligibility

Anyone seeking to create a passive income source is welcome.

Individual must be 18+ years old to become a sub broker

You must be 18+ years of age

Eligibility to Become a Sub Broker

Growth is for certain when you partner with us.

Join Now

Steps to Become a Choice Sub Broker

Follow these fundamental steps to get started:

Contact Choice

Step 01

Contact Choice

Compete the eligibility and documentation requirements

Step 02

Compete the eligibility and documentation requirements

Apply for verification and approval

Step 03

Apply for verification and approval

Register with SEBI

Step 04

Register with SEBI

Sub Broker Franchise Offer

See the per account incentive offer in the below table

Number of AccountsAccount with minimum Rs. 1,000 Investment & 2 transactionAccount with minimum Rs. 25,000 Investment & 2 transaction
10-99100200
100-299150400
300-1999250500
2000+4001000

Sub Broker Franchise FAQs?

Learn more about becoming a sub broker with Choice through our FAQs.

A sub broker acts as an intermediary, connecting clients with stockbrokers to facilitate investments.

Sub broking can be highly profitable, depending on the volume and quality of business generated.

Yes, sub broking can be a rewarding career path, offering substantial earning potential.

To obtain a sub broker license, you need to partner with a registered stock brokerage firm such as Choice and complete the necessary qualifications.

The withdrawal process is simple and can be accessed through our partner portal.

Choice offers the option to start a sub brokership with a minimal refundable deposit, making it accessible to a wide range of individuals.

Choice provides dedicated support, training, and marketing assistance to help sub brokers succeed.

Our partner portal allows sub brokers to easily track their earnings and performance.

Sub Broker Franchise

In a world where more and more professionals are expressing interest in stock investments, a sub broker franchise emerges as a promising and rewarding business option. Sub brokers play a pivotal role in guiding clients into the intricate world of the stock market, helping them make informed investment decisions that can shape their financial future.

Let’s delve into the world of sub broking franchises to learn more about their meaning, business model, eligibility criteria, and much more. And fast-track your journey to becoming a part of this dynamic industry.

Whether you're a seasoned investor or someone with a budding interest in financial markets, understanding the dynamics of sub brokers and their role is key to realising the full potential of your financial aspirations.

Sub Broker Meaning

To understand what a sub broker is, it's essential to grasp their role. Sub brokers are not direct trading members of a stock exchange; instead, they act on behalf of a stockbroker. Their primary function is to promote and sell their associated stockbroker's services to potential clients.

Sub brokers facilitate client onboarding, assist with paperwork, and offer guidance on investment decisions. Their earnings are typically based on the number of clients they bring to the stockbroker, as outlined in their agreement.

Sub Broker Franchise Business Model

The sub broker business model involves collaboration between the stock brokerage firm and the sub broker. Brokers provide training, support, and guidance to sub brokers, who, in turn, attract clients to the broker's services and products. Sub brokers earn commissions based on client transactions.

The specific terms of the partnership are defined in an agreement, with the stockbroker typically having the final say. Additionally, brokerage firms offer Authorized Persons (requiring SEBI registration) and Remisiers (no SEBI registration or initial deposit required) as alternative partnership options.

How to Open a Sub Broker Franchise in India?

To establish your sub broker franchise in India, you must partner with a reputable stock brokerage company. Your role involves promoting and selling the company's financial products to clients.

To begin this venture, you must be a SEBI-registered sub broker and have completed the necessary examinations. Required documentation includes address proof, identity proof, educational certificates, and any mandatory initial payments such as initial deposits, registration fees, and security amounts which are refundable.

Who Can Become a Sub Broker?

Sub broker opportunities are open to various individuals, including students, working professionals, retirees, and homemakers. Understanding how the stock market operates and different investment options is essential.

To become a sub broker, you must meet specific sub broker eligibility criteria:

  • Completion of senior school education
  • Minimum age of 21
  • SEBI-authorized registration form
  • Education documents
  • National Institute of Securities Markets (NISM) Certification
  • Professional stock market experience certificate (if applicable)

How Does a Sub Broker Franchise Work?

In a sub broker franchise, sub brokers acquire clients either independently or through the brokerage firm. They provide ongoing support to enhance client investments. Clients with queries often turn to sub brokers, who may redirect them to the stockbroker for clarification.

Sub Broker Franchise Cost

Sub broker franchise costs can vary, ranging from INR 50,000 to 3,00,000. Some franchisees may need to pay a refundable security deposit. Payment terms vary based on the chosen stockbroker.

How Much Can a Sub Broker Franchise Earn in India?

Sub brokers earn a fixed commission rate determined by the stockbroker, based on client transactions. A higher volume of quality trades leads to higher earnings. Sub broker commission rates typically range from 20% to 80%.

Role of a Sub Broker

A sub broker’s primary role is to help investors achieve favourable returns by introducing them to various investment products and the broker’s investment opportunities. Sub-brokers operate based on the agreement between them and the broker.

  • A sub-broker works on behalf of a stockbroker and connects clients to the stockbroker's services. They assist clients with paperwork, payments, and investment decisions.
  • Operates under the registration of the stockbroker they are affiliated with.
  • Acts as a bridge between clients and the stockbroker, assisting clients and directing queries to the stockbroker when necessary.

Partnering with an established stockbroker gives you access to a broader customer base and elevates your brand.

With this comprehensive guide, you now have a clear understanding of the sub-broker role, its potential, and how to embark on this promising career. For further assistance and to explore sub-broker opportunities, contact Choice, your trusted partner in the financial industry.

We are committed to helping you make informed choices and achieve financial success. Your journey toward financial prosperity begins with us.

Start your stock market sub broker journey with Choice. Contact us today. Your financial well-being is our top priority