The Sub Broker program of Zerodha or the Partner Program is one of the well-known platforms for enhancing the growth prospects. They offer a platform backed with innovative technology combining futuristic pricing and incredible offerings. They are one of the leading stock brokers in India considering the client share in the retail market.
They have the leading rankings considering the trading volume in the leading stock exchanges. The model of sharing revenue is also quite versatile and allows the partners to gain maximum benefits. Revenue share for the partners would depend upon the commission and profit earned by Zerodha concerning the brokerage delivered by the clients of partners or sub-brokers.
In case the franchisee client creates a revenue below 1 lakh brokerage, in that case, the ratio would be 20 to 80. This would be the support of Zerodha. If the amount generated is within 1 to 3 lakh brokerage in a month then the sub-broker will get 30% brokerage and the rest 70% will be given to Zerodha. The brokerage for a month between 3 to 5 lakh will create a ratio of 40% – 60%. Above 5 lakh, the revenue ratio can go up to 50% – 50%. There are numerous benefits of Zerodha’s sub-broker program including,
- No requirement to submit an initial Security deposit amount.
- A flexible model of revenue sharing.
- Innovative trading tool and intuitive interface
- The digital frontier for all the activities
- Complimentary training for optimum use of tools and products.
- Integrated marketing support concerning banners, hoardings and posters.