Upstox Franchise

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

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

Unlike traditional brokerage franchises, the Upstox 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 Upstox Sub Broker Franchise?

Overall Investment

Rs.33,000 - Rs.63,000

Commission Range

30% - 50%

Avg. Monthly Profit

Approx Rs.1,11,000

Area in Sq. Ft.

100 - 200 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

2 month

Payout Time

30 Days

Total Sub Brokers

3500+

Type of Broker

Discount Broker

NISM Certification

Mandatory

How much is Upstox Franchise Cost?

Security Deposit (One Time)

Zero Investment

Exchange Charges (One Time)

Rs.3000

Office Expenses (Monthly)

Rs.30,000 - Rs.60,000

How much is Upstox Sub Broker Commission & Referral Bonus?

Revenue Sharing

30% - 40%

Referral Bonus

Rs.300

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What are the Expected Earnings from Upstox Franchise?

Total Clients

915

Active Clients

300

Avg. Commission per Active Client

1,300

Total Brokerage

3,90,000

Sub Broker's Share

1,56,000

New Client Acquisition

50

Client Acquisition Income

15,000

Sub Broker's Gross Profit

1,71,000

Total Expenses

60,000

Sub Broker's Net Profit

1,11,000

Net Profit Margin

27.41%

Does Upstox offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Upstox 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 Upstox 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 Upstox Sub Broker

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