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ICICI Direct Franchise or Sub Broker Review – Cost, Commission, ROI & more

ICICI Securities’ corporate name is ICICI Direct, which was created in 1994. Based in Mumbai, it has approximately 2,500+ franchises across the country. Opening an ICICI Direct Franchise paves the way for endless financial opportunities.

Additionally, being an integral part of India’s countless established brokerage companies, this franchise empowers individuals to explore the immense potential of the Indian financial markets.

Moreover, being an ICICI Direct Partner signifies collaborating with a trusted financial brand offering advanced tools and a diversified support system.

In essence, it unveils immense financial opportunities.

Brand Summary
Line of Business Sub Broker
Unit / Shop Area 200 – 500 sq. ft.
Commission% / Revenue Sharing 50% – 75%
Total Investment Rs.30,000 – Rs.200,000
ROI Timeframe 3 Month

Why Invest in an ICICI Direct Franchise?

Joining hands with ICICI Direct brings up many financial opportunities in the long run. To mention a few of the ICICI Direct sub broker benefits:

  • Reliable Brand: Partnering with ICICI Direct signifies scaling with a reliable and popular brand in the Indian financial market.
  • Advanced Tools: You can access cutting-edge financial trading tools and modern technology.
  • Worthwhile Commissions: ICICI Direct offers lucrative commissions on various trades. Furthermore, it creates a profitable business venture for sub-brokers with a 60% – 70% revenue-sharing commission scheme. Nevertheless, you also get a ₹200 commission for each client acquisition.
  • In-Depth Training: Sub-brokers get assistance from rigorous training modules. Therefore, it empowers them to navigate the financial industry with adequate knowledge.
  • Comprehensive Support System: A diversified support module helps sub-brokers take informed steps for a hassle-free partnership.

What do you know about ICICI Direct Sub Broker?

About the Brand
Industry Finance & Money
Business Line Sub Broker
Organization Type Public
Head Office Mumbai
Founder M K Sharma
Founded In (year) 1994
No. of Franchise Outlets 2500+
Master Franchise Model Not Available
Franchise Tenure Lifetime
Franchise Location All over India
Business Set-Up Time 1 Month
Franchise Commencement Year 2006

Partnering up as an ICICI Direct Sub broker fosters an unmatched opportunity to dive deep into the massive universe of stock trading.

That, too, is holding the hands of a credible financial firm. Furthermore, a sub-brokership offers cutting-edge financial tools and vital market insights, and you can leverage the popular ICICI Direct platform.

In addition to a robust customer support system and exclusive training, ICICI Direct offers lucrative commissions. In essence, becoming a sub broker with ICICI Direct is not just limited to affiliation.

It also entails stepping into a massive dimension of financial empowerment bolstered by the trust of India’s leading brokerage firm.

How many types of ICICI Direct Franchise Models available?

Business Models
Sub Broker 60% – 70%
Partner 30% – 50%
Independent Financial Associate (IFA) 20%
Investment Associate (IA) 20%
Loan Partner (LP) 20%

The broking house provides 5 business models.

ICICI Direct Sub Broker Model

Authorised Persons, or sub-brokers, are ICICI Direct’s first business model. This is the industry’s most common business model.

Hence, you can sell all ICICI Direct products and services as an authorised person. Sub-brokers and authorised people receive the most revenue of all partners.

Moreover, ICICI Direct’s sub-broker commission scheme includes a 60–70% revenue share and, lastly, ₹200 per client acquisition.

The ICICI Direct sub broker model opens stock market doors to financial success. Furthermore, sub-brokers join reputable brands and have access to cutting-edge tools and technology.

Earn lucrative trade commissions while learning about the complex financial world. Lastly, the sub-broker concept provides expertise and support to succeed in finance.

ICICI Direct Partner Model

With ICICI Direct’s unique business strategy, you may offer all the brokerage house’s goods and services. In addition, you can make a sizable profit without making any investments.

Furthermore, partners in ICICI Direct may receive a revenue share of between 30% and 50%. Additionally, by recommending others, partners can receive up to 35% recurring brokerage.

One can earn ₹400 for referrals and explore financial empowerment with ICICI Direct Partner.

Moreover, partners have privileged access to breakthrough tools through one of India’s top financial institutions.

Nevertheless, you gain massive commissions, extensive training, and solid assistance in the stock trading business.

Lastly, this partner model is your ticket to success and knowledge in the booming financial markets.

ICICI Direct Refer and Earn

The ICICI Direct Refer and Earn program opens doors to endless opportunities. You empower others with financial information while earning large commissions by referring them.

Moreover, enjoy hefty commissions of INR 500 for every referral. Every referral you make helps you earn large commissions.

The referrer receives ₹100 for each successful referral who opens an account using their unique referral link.

In addition, you get a 10% brokerage share if they generate brokerage in equity, F&O, or currency.

However, it needs to happen within 30 days of account opening. Moreover, weekly bank account payouts eliminate the need to wait until the end of the month.

What is the ICICI Direct Franchise Cost?

Investment by Franchisee
Sub Broker – Franchise Fee Rs.75,000 – Rs.1 Lakh
Partner – Franchise Fee Free
IFA – Franchise Fee Free
IA – Franchise Fee Free
LP – Franchise Fee Free
Infrastructure Investment Rs.30,000 – Rs.1 Lakh

Get started in stock trading with ICICI Direct, where the first investment pays off. ICICI Direct Franchise Cost is cheap, allowing partners to join a trusted brand.

Additionally, with an initial investment of Rs.1 Lakh to Rs.1.5 lakh, partners get advanced tools and support.

Furthermore, to become a sub-broker, you must pay Rs.75,000 to Rs.1 lakh for a refundable security deposit.

Besides that, you also need to pay Rs.30,000 to Rs.1 lakh for infrastructure investment.

How much is ICICI Direct Sub Broker Commission?

Commission% / Revenue Sharing
Sub Broker Commission 60% – 70%
ICICI Direct Commission 30% – 40%
Partner Commission 30% – 50%
ICICI Direct Commission 50% – 70%
IFA  Commission 20%
ICICI Direct Commission 80%
IA Commission
ICICI Direct Commission
LP Commission
ICICI Direct Commission 80%

Enjoy cash rewards in stock trading and attractive commissions of 60% to 70% of revenue. With such high ICICI Direct Partner Commission rates, your earnings could increase.

As a result, you can rest assured in the financial markets, knowing your efforts will yield high rewards.

Moreover, the Subbroker Commission assures a symbiotic relationship between your achievement and your financial rewards.

Therefore, it is a great choice for people seeking a profitable enterprise in finance. ICICI Direct sub brokers and partners receive commissions as mentioned in the table above.

Lastly, IFAs, IAs, and LPs receive 20% of the revenue flat under the current revenue-sharing scheme.

How much you can earn from ICICI Direct Sub Brokership?

Monthly Revenue
No. of Active Clients 200
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.55%
Trading Days in 1 Month 1
Total Brokerage Revenue  2,75,000
Sub Broker’s Share  1,65,000
Monthly Expenses
Office Rent (Co-working Space) 15,000
1 Telecaller Cost 15,000
1 Dealer Cost 20,000
Misc. Expenses 5,000
Total Cost 55,000
Monthly Profit
(Revenue – Expenses) 1,10,000
Profit Margin 40%

Join the ICICI Direct Sub Broker Program for limitless earnings. Moreover, with fees ranging from 60% to 70% of revenue, this platform offers enormous returns.

In addition to affiliation, the Program promises a lucrative alliance to help you make money. Join this Sub Broker Program immediately to maximize income in the dynamic financial industry.

Furthermore, ICICI Direct is a full-service broker, so with 200 active clients, you may make money faster than discount brokers.

Moreover, if you include intraday and F&O data, the ICICI Direct Sub broker Profits will be much greater. Therefore, this business is ideal for entrepreneurs.

How much you can earn from ICICI Direct Partner Program?

Monthly Revenue
No. of Active Clients 200
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.55%
Trading Days in 1 Month 1
Total Brokerage Revenue 2,75,000
Partner’s Share 82,500
Monthly Expenses
1 Telecaller Cost 15,000
Misc. Expenses 5,000
Total Cost 20,000
Monthly Profit
(Revenue – Expenses) 62,500
Profit Margin 23%

Profit immensely from your efforts with the ICICI Direct Partner Program. Moreover, commissions of up to 30% of income make this scheme lucrative.

This Partner Program is more than affiliation. It’s a path to a successful partnership that rewards your devotion.

Join now and see how ICICI Direct Partner Profits can help you make big money in the dynamic finance world.

Here, the partner program revenue share is 30%. Revenue is derived by multiplying active clients, daily trades per client, average volume per trade, brokerage per trade, and trading days in one month.

We recommend the sub broker model over the partner model due to the huge profit differential.

How much time does it take for ICICI Direct Franchise to breakeven?

ROI Timeframe / Breakeven Time
In Years 3 Month

Nevertheless, with the ICICI Direct Franchise, you can start on a fast track to achieving financial success. You can even reach breakeven in a concise amount of time.

Moreover, this platform guarantees quick returns and reaches financial stability in an incredibly short period of 3 months.

With ICICI Direct Sub Broker Returns, you can speed up your route to profitability and increase your chances of success.

You can repay your initial investment with an efficient and lucrative business concept in terms of commissions.

As soon as you sign up, your investment quickly turns into returns of up to Rs.1,17,400 monthly, for instance.

Where is Bonanza Portfolio Franchise Dashboard Login Link?

Dashboard Login
Partner / Sub Broker Backoffice or Dashboard Login

The ICICI Direct Partner Dashboard is your financial hub. Log in to the ICICI Direct Franchise Dashboard Login Link to simplify your investing process.

This easy-to-use interface provides real-time information and performance indicators, as well as a complete portfolio view.

Furthermore, tracking your progress doesn’t require opening your desktop or laptop every time. To acquire a login credential, open a partner account with ICICI Direct.

With the user ID and password, log in and access the dashboard.

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What is the ICICI Direct Franchise Infrastructure requirement?

Infrastructure Required
Shop / Unit Area 200 – 500 sq.ft.
Employee Strength Minimum 2
Research / Advisory Optional
Trading Terminals Set-up Compulsory
Telephone Lines Compulsory
Computer / Internet Connectivity Compulsory
Air-conditioner Optional
CCTV Set-up Optional

The ICICI Direct Franchise requires specific infrastructure to ensure a smooth trading experience.

  • You must allocate 200–500 square feet for your ICICI Direct Franchise office.
  • Location: Choose a strategic, easily accessible location for your audience.
  • Staffing: Hire financial services experts to improve customer service.
  • Technology: Install computers, high-speed internet, trade terminals, and other office equipment.
  • Maintain a professional atmosphere with comfortable furnishings, AC, and appealing interiors.
  • Compliance: Ensure your office meets ICICI Direct security and regulatory standards.
  • You must establish an environment for effective financial transactions and client interactions at ICICI Direct Franchise by achieving specific infrastructural needs.

For an ICICI Direct Franchise or sub-brokership, you must be:

  • Age 18 or older
  • Passion and capital market experience
  • You must have passed 10+2 from a recognized school.
  • If you have experience dealing with financial product distribution clients, it will help.
  • You must pass NISM VII and VIII.
  • To become an IFA, you must pass NISM V.

What is the extent of Support provided by ICICI Direct Partner?

Support from Brand
Service Pricing Available
Offers Available
Client Interaction Training Available
Relationship Manager Support Available
Back-Office Support Available
Trading Support Available
Advisory Support Available
Marketing Support Available
Business Management Software Available
Website Support Not Available
Operation Manual Available
Training Manual Available

Discover unmatched support as an ICICI Direct Sub Broker to boost your financial success:

  • You get a personal relationship manager to provide customized assistance.
  • Comprehensive instruction: Learn finance with extensive instruction.
  • Moreover, you can use cutting-edge technology to trade efficiently.
  • Marketing Help: Get help marketing to increase your clientele.
  • You get 24/7 customer assistance and can answer questions quickly.
  • Ongoing training to improve communication, product understanding, and client acquisition
  • Advanced Partners Portal or back office management software for back office support
  • Partner mobile app
  • Trading and advisory help

A sub brokership with ICICI Direct guarantees your success and provides continuous assistance throughout your financial path.

What kind of Marketing Support is provided by ICICI Direct Franchise?

Marketing Support by Brand
Unit Interior & Exterior Ads Available
Local Advertisement Available
Digital Marketing Available
Television Advertisement Not Available
Prints Advertisement Not Available
Events/Seminars Not Available

Further, ICICI Direct Authorized Persons can boost their market presence with franchise marketing help.

The portal offers branding collateral to give your financial initiatives a professional look. Support includes creating audience-targeted marketing strategies.

As an authorised person, you have a complete marketing toolkit for the evolving financial scene. Local ads help you promote your services locally.

Marketing support from ICICI Direct includes digital marketing to promote partners online.

Moreover, the brokerage house can supply unit exterior and interior ads if you have an office.

Does ICICI Direct Sub Broker provide training?

Training by Brand
Product Information Training Provided
Dealers Training Provided
Service Training Provided

The ICICI Direct Affiliate Partner program emphasizes partner empowerment through extensive training.

Furthermore, sub brokers receive significant training to improve their financial knowledge and trading skills.

Training covers numerous financial market components to prepare you to handle difficulties and make informed judgments.

This commitment to continual learning makes ICICI Direct more than a platform for affiliation.

It’s a supportive ecosystem where subbrokers may securely grow and succeed in finance with regular product information training.

Moreover, you’ll learn about the brokerage’s latest products and services. This will help you pitch the correct product with specifics to the right prospect.

Additionally, ICICI Direct offers dealer, customer, and service training.

What are the Products & Services provided to ICICI Direct Sub Brokers?

Products / Service Offerings
Equity Trading Available
Commodity Trading Available
Currency Trading Available
Options Available
Futures Available
Mutual Funds Available
Banking Available
Insurance Available
Demat Services Available
3 in 1 Acount Available
IPO Services Available
Stock Recommendations Available
Robo Advisory Available
PMS Available
Exposure or Limit Available
Mobile App Available
Web Trading Platform Available
Trading Terminal Available
Algo Trading Platform Available
Basket Trading NA

Subbrokers can access various financial products and services through the ICICI Direct Franchise, in addition to profitable collaborations.

Sub Brokers can meet multiple client needs by offering stocks, commodities, mutual funds, and more.

Furthermore, ICICI Direct provides cutting-edge trading tools to streamline financial transactions and a diversified product selection.

Again, the platform offers marketing help, training, and a relationship manager in addition to products.

ICICI Direct Business Partners in the partner program can sell several products and services.

Moreover, intraday and delivery trading are available in addition to commodities, currencies, and derivatives.

Other fixed-income securities include bonds, NCDs, IPOs, and fixed deposits. Furthermore, you can also offer mutual funds to clients as an ICICI Direct partner.

There are health, general, and life insurance plans. Furthermore, as a loan partner, you can provide 12 loan types.

However, the partner’s revenue depends on ICICI Direct’s vast range of products and services.

What is the Brokerage offered to ICICI Direct Partners?

Brokerage Charges
Intraday 0.03% – 0.05%
Delivery 0.55%
Equity Options Rs.35 – Rs.95 per Lot
Equity Futures 0.03% – 0.05%
Commodity NA
Currency options Rs.10 – Rs.35 per Lot
Currency Futures 0.03% – 0.05%

ICICI Direct Partners, or Sub-brokers, get attractive brokerage rates, making their collaboration profitable.

The commission structure offers an attractive 60-70% revenue share and ₹200 per client acquisition.

With 200 active clients, the brokerage offered is 0.55%, and the monthly profit margin counts to 40% being a full-service broker and 23% as a Partner.

Clients of each sub broker or partner pay these fees to ICICI Direct:

  • All stock intraday trading costs Rs.20 per trade
  • Charge 35 – 95 INR per lot for stock option trading.
  • All currency futures trading costs 0.03% – 0.05%.
  • 55% for all equity delivery trading services.
  • Offering equity options trading costs Rs 20 for every order.
  • Providing all currency futures trading services costs Rs 20 for each order.

How to Become an ICICI Direct Sub Broker?

  • Ensure you meet ICICI Direct’s Subbroker eligibility requirements, which may include financial services experience and education.
  • Inform ICICI Direct of your interest in becoming an ICICI Direct Sub Broker and request details.
  • Complete and submit the ICICI Direct application form with accurate and relevant information.
  • Provide identity, address, and educational certifications.
  • Interview and Evaluation: ICICI Direct representatives will assess your financial market knowledge and fitness for the post.
  • After approval, take ICICI Direct’s financial services training.
  • The partner must be 21 or older. Partners must have an age certificate when registering.
  • It mandates partner certifications, and SEBI is the most crucial. This lets partners start businesses without constraints.
  • It requires educated partners. Usually, an intermediate degree is enough. The franchisee prefers bachelor’s degree holders with two years of stock trading and planning experience.

After training, ICICI Direct will activate your Sub Broker ID, allowing you to begin your career as an approved Sub Broker.

What is the Eligibility Criteria to start ICICI Direct Franchise?

Franchisee Qualification
Age Limit 21 years & above
Business Experience Optional
Academic Qualification No Restriction

Which documents are required to become ICICI Direct Sub Broker?

Documents Required
Franchise Agreement Required
Proprietor Aadhaar Copy Required
Proprietor Photo Required
Proprietor / Business PAN Copy Required
Business TAN Copy Required
GST Registration Certificate Required
Proprietor / Business Address Proof Required
Unit / Shop Address Proof Required
NOC of Unit / Shop Required

Is ICICI Direct Franchise good for you?

Franchise Ratings
Revenue Sharing 8.72 / 10
Franchise Fee & Infra Investment 8.58 / 10
Support & Training 8.34 / 10
ROI Timeframe 8.46 / 10
Brand Value 8.42 / 10
Overall Ratings 8.50 / 10

What are the Drawbacks of ICICI Direct Franchise?

  • High Initial Investment: Obtaining an ICICI Direct franchise may require a sizable upfront payment, which may prevent some people from applying.
  • Furthermore, given that accessibility is a key factor in drawing customers, the location of your franchise may impact its success.
  • As an ICICI Direct franchisee, you may struggle to stand out in the financial sector because of its competitive nature.
  • One drawback of ICICI Direct Franchise is the lower-than-average revenue share offered for business formats such as IFA, LP, or IA.

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ICICI Direct Partner Program – Conclusion

In conclusion, the ICICI Direct Partner Program provides a complete set of instruments and support for financial success.

Partners can profit from the program’s competitive brokerage rates and transparent fee structure.

Moreover, its commitment to ongoing development and cutting-edge technology makes it a smart choice for traders seeking a lucrative career.

Nevertheless, ICICI Direct may be the perfect brokerage firm for your business due to its many features and support.

FAQs on the ICICI Direct Franchise Business

Check out various FAQs related to ICICI Direct Sub Broker Franchise Business.

Does ICICI Direct have a subbroker model?

Yes, ICICI Direct allows individuals to become approved sub-brokers and engage in the financial market after meeting the eligibility criteria mentioned on the portal.

Does ICICI Direct have multiple franchise models?

Yes, ICICI Direct offers numerous franchise models for financial industry participants of variable levels depending on the eligibility and convenience of an individual.

What is the ICICI Direct Sub Broker Commission?

The typical ICICI Direct Sub Broker Commission generates between 50% and 70% of the money generated, providing sub-brokers with enticing earning opportunities.

How much does the ICICI direct franchise cost?

The cost of an ICICI direct franchise typically varies from INR 1.5 lakhs to INR 3 lakhs, making it a reasonably priced way to enter the financial trading industry.

Does ICICI Direct have a partner program?

Yes, ICICI Direct offers a partner program that enables people to become partners and gain access to favourable brokerage prices, support in the financial market, and training.

What is ICICI Direct Partner Sharing?

By receiving a sizable commission—between 30% and 50% of revenue generated—ICICI Direct Partners can increase their profitability in financial trading.

Is the ICICI Direct Partner Program free?

No, there are expenses involved in making an initial deposit to join the ICICI Direct Partner Program. However, the program’s attractive commission rates offer the possibility of returns.

Does ICICI Direct provide training assistance?

Yes, ICICI Direct offers its partners full training support to ensure they acquire the know-how and abilities needed to navigate the financial markets successfully.

How do I become an ICICI Direct Sub Broker?

To become an ICICI Direct Subbroker, you must learn about the position, be eligible, contact ICICI Direct, fill out an application, be evaluated, finish training, and have your Sub Broker ID activated.

Does ICICI Direct Franchise provide support?

Yes, ICICI Direct Franchise offers a wide range of assistance, such as branded materials, knowledge of digital marketing, sponsorships for events, tailored marketing plans, and professional advice for achieving financial success.

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