The MStock Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.
As India’s leading brokerage firm, MStock provides an innovative Sub Broker model, commonly known as the MStock Partner program, allowing partners to earn attractive commissions by referring clients.
Unlike traditional brokerage franchises, the MStock 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 MStock Sub Broker Franchise?
Overall Investment
Commission Range
Avg. Monthly Profit
Area in Sq. Ft.
No. of Employees
Breakeven Time
Payout Time
Total Sub Brokers
Type of Broker
NISM Certification
How much is MStock Franchise Cost?
Security Deposit (One Time)
Exchange Charges (One Time)
Office Expenses (Monthly)
How much is MStock Sub Broker Commission & Referral Bonus?
Revenue Sharing
Referral Bonus
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What are the Expected Earnings from MStock Franchise?
Total Clients
Active Clients
Avg. Commission per Active Client
Total Brokerage
Sub Broker's Share
New Client Acquisition
Client Acquisition Income
Sub Broker's Gross Profit
Total Expenses
Sub Broker's Net Profit
Net Profit Margin
Does MStock offer a Partner Dashboard or App?
Web Platform
App Platform
What is the Eligibility Criteria to Start MStock Franchise?
Age
Nationality
Academic Qualification
NISM Certificate
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What Documents are required to Become a MStock Sub Broker?
Sub Broker Agreement
Identity Proof - Aadhaar / Passport
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque