ICICI Direct Franchise is an arrangement that is highly superior in offering the edge of the sub-brokership program across the Indian financial market. By 2012, the company’s sub-broker program along with it’s authorized person program had been spread across the country with 212 outlets residing in tier 1 city.
The sub-broker model at Upstox is quite easy to comprehend. Any individual is allowed to enter into the sub-broker program and leverage extensive profits. The revenue sharing module is been inspired by the per-trade profit model.
The sub-broker would certainly be open to a wide market coverage with Kotak Securities sub-broker program. They have recently launched their low brokerage intraday trading plan with the name of Kotak Securities FTT plan.