Written By: Resham Daswani

With more and more ordinary investors joining the Indian stock market, there is a greater need than ever for reliable middlemen like sub brokers. If you're looking to dive into the financial services world, starting a sub broker franchise in India could be a great opportunity for you. As we look ahead to 2025, it’s shaping up to be a big year for investments in India. Let’s dive into what makes this business model appealing, what you should think about before picking a franchise, and check out some of the top sub broker franchises in India for 2025.

Top 5 Sub Broker Franchises to Consider in 2025

Let’s take a look at the best sub broker franchises in India that you should keep an eye on for 2025.

#1. Zerodha Partner Program Franchise

Thanks to its user-friendly interface, cheap broking fees, and revolutionary impact on India's stock market, Zerodha has made trading more accessible to a wider audience. Participating in the Zerodha Partner Program allows individuals to benefit from the trustworthiness and widespread recognition of the Zerodha brand.

Major advantages include:

• Marketing assistance and thorough training
• The most well-liked platform for trading kites
• Attracting clients is a breeze with our low account opening fees.
• Good for solopreneurs and small firms on a tight budget who need to get going fast

Especially among the younger and more tech-savvy generations, Zerodha is a favourite because to its customer-first concept and tech-savvy approach.

#2. Angel One Sub Broker Franchise

Angel One, formerly known as Angel Broking, is a long-standing broking in India. Moreover, that has adapted to new technology on an ongoing basis. Sub brokers are able to provide clients with comprehensive services. This is because of the variety of products they offer, which includes stock, derivatives in particular mutual funds, and insurance.

Impressive benefits include:

• A varied client base is attracted by a wide product portfolio.
• Robust technological infrastructure and backing for academic endeavours
• Tailored instruction and promotional support
• Potential for high revenue sharing

Therefore, those looking to expand their service offerings while taking advantage of high revenue-sharing ratios may find Angel One's franchising model to be an ideal fit.

#3. Sharekhan Sub Broker Franchise

Sharekhan is an old hat in the Indian broking industry. They've been around for a while and offer a full suite of services, from stock and mutual fund trading to insurance and wealth management.

The most important advantages:

• Solid investor confidence in the brand
• Use of Sharekhan's extensive research and consulting capabilities
• Partners and staff participate in ongoing training sessions
• Efficient distribution of profits

Therefore, If you are seeking a reliable, all-inclusive broker, Sharekhan is the way to go. There is a little increase in the franchise charge, but the brand's credibility, studies, and loyal client base more than make up for it.

#4. Motilal Oswal Sub Broker Franchise

Sub brokers at Motilal Oswal can meet the demands of a wide range of investors thanks to the firm's diverse portfolio, which includes equities, commodities trading, mutual funds, and insurance. Motilal Oswal's franchising program appeals to a more conventional, value-oriented clientele, known for its thorough research reports and top-notch advising services.

Most Significant Advantages:

• Extensive research assistance draw in wealthy individuals
• Full set of products that includes PMS (portfolio management services)
• Solid assistance with marketing and operations
• Low franchise cost with high profit potential

Nonetheless, If you are interested in offering high-net-worth individuals with financial services that create value, Motilal Oswal is a good fit.

#5. Icici Direct Sub Broker Franchise

Supported by the ICICI Bank name, ICICI Direct ranks among India's leading retail brokers. Sub brokers find ICICI Direct attractive due of the company's high brand recognition, extensive product choices, and easy banking connectivity.

The primary advantages are:

• Prominent link with the ICICI Bank brand
• Great for wealthy people who would rather work with a more conventional bank
• Profit split according to efficiency

The ICICI Direct sub broker franchise is particularly well-suited for sub brokers who are interested in targeting affluent investors, as it offers access to a well-established client base, despite the higher franchise fee.

Benefits Of A Sub Broker Franchise in India

Financial investments in India's stock market have great potential for growth. They let the right people work with different stockbrokers while they grow their businesses. Let's now talk about the main advantages of the Indian sub-broker franchise industry.

#1. Starting up doesn't have to break the bank, and you don't need a huge investment to get going.

• Starting with Minimal Capital: A lot of sub broker franchises in India need very little, if any, initial investment. When it comes to franchises that have a fee, it's typically way less than what you'd spend to start a broking all on your own.
• Moreover, Sub brokers can save on operational expenses by using the facilities and trading tools of the main broking. This way, they don’t have to deal with the hefty costs of building their own systems.

#2. Getting in with a well-known brand

• Instant Credibility: When sub brokers team up with a well-known broker, they instantly tap into an established reputation, something that can be tough to create on their own.
• When it comes to client confidence and brand recognition, people usually feel more comfortable with well-known broking brands. This makes it simpler for sub brokers to bring in clients without having to go all out on marketing efforts.

#3. Complete Assistance from the Primary Broker

• The majority of sub broker franchises facilitate entry into the business by providing training on financial products, compliance, customer service, and trading platforms.
• Marketing Support: To help subbrokers get momentum with little marketing work, many brokers provide co-branded marketing collateral, advertising campaigns, and online assistance.
• Technology and Customer Support: Sub brokers are able to offer their clients a smooth experience by utilising the main broker's technology support and customer care infrastructure.

#4. Increased Demand in the Market

• An increase in the number of individual investors in India's stock market has driven up the need for middlemen in the financial sector. Sub brokers assist clients by offering investment advice, managing accounts, and executing trades, making the most of the increasing number of new investors.
• As more folks get the hang of investing and its perks, there's a growing need for reliable advisors and intermediaries to help them navigate the process. By utilising existing brokers' resources and research, sub brokers can meet this requirement.

#5. Possibility to Develop and Advance Professionally

• Exposure to the Financial Industry: Owning a subbroker franchise gives you access to priceless industry expertise, such as market analysis, investment trends, and client management techniques.
• When you're part of a franchise, you get to connect with a whole bunch of professionals—think investors, traders, and fellow brokers. It's a great way to learn from each other and team up on new opportunities.
• If you're really into finance, starting as a sub broker franchise could be a fantastic way to kick off your career. It offers a solid foundation and the chance to grow. Also, maybe even leading to your own independent broking down the line.

#6. An edge over competitors in local markets

• It's all about building relationships! Sub brokers can really hone in on creating strong connections with local clients. They are able to interact with the neighbourhood, organise neighbourhood gatherings, and build a devoted customer base that appreciates human interaction.
• Personalised customer Servicing: Sub brokers are able to provide more individualised investment strategies. Furthermore, they catered to the specific needs of each customer. This is by utilising the resources of the main broker and adopting a more localised approach.

Final Thoughts,

Picking the right sub broker franchise in India can really set you up for a successful and profitable journey in the financial world. As the industry shifts towards a digital-first mindset and more retail investors come on board, sub brokers who team up with forward-thinking and tech-savvy franchises are likely to stand out in the crowd.

No matter which route you choose, 2025 is looking really promising for financial intermediaries. It's a great time to kick off your journey as a sub broker in India with FranchiseBAZAR! 

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.