Choice Broking Franchise

The Choice Broking Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.

As India’s leading brokerage firm, Choice Broking provides an innovative Sub Broker model, commonly known as the Choice Broking Partner program, allowing partners to earn attractive commissions by referring clients.

Unlike traditional brokerage franchises, the Choice Broking Sub Broker model is simple, cost-effective, and highly profitable.

With minimal investment and no requirement for office space, APs can earn brokerage generated by their referred clients.

What are the Business Requirements for Choice Broking Sub Broker Franchise?

Overall Investment

Rs.58,000 - Rs.1,02,000

Commission Range

60% - 70%

Avg. Monthly Profit

Approx Rs.73,680

Area in Sq. Ft.

150 - 300 Sq. Ft.

No. of Employees

Minimum 1

Breakeven Time

3 month

Payout Time

30 Days

Total Sub Brokers

750+

Type of Broker

Full service Broker

NISM Certification

Mandatory

How much is Choice Broking Franchise Cost?

Security Deposit (One Time)

Rs.25,000 - Rs.50,000

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Rs.35,000 - Rs.52,000

How much is Choice Broking Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% - 70%

Referral Bonus

Rs.300

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What are the Expected Earnings from Choice Broking Franchise?

Total Clients

560

Active Clients

145

Avg. Commission per Active Client

1,120

Total Brokerage

1,62,400

Sub Broker's Share

1,13,680

New Client Acquisition

40

Client Acquisition Income

12,000

Sub Broker's Gross Profit

1,25,680

Total Expenses

52,000

Sub Broker's Net Profit

73,680

Net Profit Margin

42.25%

Does Choice Broking offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Choice Broking Franchise?

Age

18+

Nationality

Indian

Academic Qualification

10+2 n above

NISM Certificate

Mandatory

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What Documents are required to Become a Choice Broking Sub Broker?

Sub Broker Agreement

Compulsory

Identity Proof - Aadhaar / Passport

Compulsory

Address Proof - Aadhaar / Rental Agreement

Compulsory

PAN

Compulsory

Passport Size Photo

Compulsory

Bank Account Details

Compulsory

Bank Cancelled Cheque

Compulsory

Customer ratings and reviews of Choice Broking Sub Broker

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