Edelweiss Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

When it comes to a well-known sub-broker, Edelweiss Franchise is always a prominent name. They are highly experienced and offers they provide are decent enough.

Meanwhile, the initial investment that a client must pay ranges between ₹1,00,000 to ₹4,00,000, while the revenue sharing ratio revolves somewhere between 55% – 70%.

Now, Edelweiss Sub Broker commits a fixed pay-out time, which is 31 days, and typically their SB code activation time stays within 14 days. Overall, after a decade-long operation, they can be considered one of the best sub-brokers in western India.

Edelweiss Sub Broker Highlight
Top Business Model Sub Broker
Initial Investment Required Rs.100,000 – Rs.400,000
Revenue Sharing 55% – 70%
Payout Time 31 Days
SB Code Activation Time 14 Days

EDELWEISS Franchise SubBroker


What do you know about Edelweiss Franchise?

So far, we know the Edelweiss Sub Broker is primarily a private limited company whose headquarter is located in the financial capital, Mumbai. Business tycoon Anil Ambani is the founder of this company, which is also a part of Reliance Capital.

The company started its operations back in the year 2008, and since then, they have transformed into a full-service broker. While the SB code activation time is 14 days, their average pay-out frequency is 31 days.

Edelweiss Business Partner Overview
Here is the overview of Edelweiss Franchise
What type of Company is it? – Public / Private Public
What is the Broker type? Full Service Broker
Where is the Headquarter located? ‎Mumbai, India
Who is the Founder? Anil Ambani Reliance Capital
What is the year of establishment? 2008
How many days does it take for SB Code Activation? 14 Days
How many days/weeks it takes for Payout? 31 Days

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What are the various Business Models that does Edelweiss Sub Broker Program provides?

Edelweiss Franchise Program has all types of business models –

  • Sub Broker / Authorised Person
  • Master Franchise
  • Remisier / Partner Program
  • Referral Program

Edelweiss Sub Broker / Master Franchise / Remisier / Referral Program

Edelweiss Sub Broker; which means edelweiss appoints them, but they are not necessarily an active trading member. However, they need to be registered with SEBI.

Edelweiss Master Franchise; which means they have the complete franchising contract rights which have been handed over by the primary brand owner to manage the entire franchising activities.

Edelweiss Remisier; which means they work as an agent of a stockbroking company, for which gets a fixed commission. The commission amount, however, is based on the number of transactions handled by the Commissioned Dealer’s Representative.

Edelweiss Referral Program to keep new clients interested in joining them & earn benefits of referral of clients.

Edelweiss Franchise Business Models
Know about various Business Models of Edelweiss
Is the Sub Broker business model available? Yes
Do they provide Referral Program? Yes
Do they provide Master Franchise Model? Yes
Does this broker provide Partner / Remisier model? Yes

How does Edelweiss Sub Broker Revenue Sharing work?

The revenue sharing ratio of Edelweiss Sub Broker Commission usually revolves between 55% – 70%. Now, what is interesting is that with every successful referral, they offer Gift Vouchers to their clients.

As they are a Master Franchise, they share a revenue ratio, which stays between 60% – 70%. Finally, as for the Remisier, they share 30%.

Edelweiss Sub Broker Revenue Sharing
Find the details of Edelweiss Sub Broker Commission for all Business Models
What is the revenue sharing for Sub Broker program? 55% – 70%
Do they provide revenue sharing or direct pay for Referral Program? Gift Voucher
How much is the revenue sharing Master Franchise business? 60% – 75%
How much is the revenue sharing required for Partner / Remisier model? 30%

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What is the Edelweiss Business Partner Security Deposit requirement?

When it comes to the franchise security deposit, Edelweiss Franchise cost revolves around the capital amount that ranges between ₹1,00,000 to ₹4,00,000.

Now, for the Master franchise security deposit, Edelweiss Sub Broker Investment charges revolves somewhere between ₹1,00,000 – ₹5,00,000. The security deposit for the Referral Program and Remisier is R, respectively.

Edelweiss Franchise Security Deposit
Check the Edelweiss Franchise cost requirement for each business model
How much is security deposit required for Sub Broker Program? Rs.100,000 – Rs.400,000
Is there any security deposit required for Referral Program? R
What is the initial investment required for Master Franchise Model? Rs.500,000 – Rs.100,000
What is the deposit required for Partner / Remisier Model? R

What are the various Offers rolled out by Edelweiss Authorised Person Program?

Edelweiss Franchise offers flexible revenue sharing, something that we have already discussed. On top of that, Edelweiss Sub Broker offers ₹10,000 as an initial deposit from their end.

However, a few noteworthy offers are missing; namely flat revenue sharing, zero revenue sharing with prepaid, and last but not least, zero deposit facility.

Edelweiss Sub Broker Offers
Here are the list of Edelweiss Franchise offers available to the clients
Do they provide a Flexible Revenue Sharing offer? Yes
Are they providing Flat Revenue Sharing offers? No
Do they offer the Zero Revenue Sharing model with Prepaid payment? No
Do they provide the Zero Deposit scheme? No
Are they offering a 10k Initial Deposit scheme? Yes

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What are the various Supports provided to Edelweiss Business Partner?

Edelweiss Franchise support is typically an extensive range of business partner support. To start with, Edelweiss Partner support is training sessions for Acquisition.

They also provide similar training sessions to deal with clients and about all their products. Apart from that, they offer quality back-office support and capable trading support too.

The marketing support they provide is worthy of mentioning, so as their advisory support as well.

Edelweiss Business Partner Support
Here are the various Support Edelweiss Franchise needs to provide to their clients
Do they provide Acquisition Training to their associates? Yes
Do they provide Training for Dealers of their sub brokers? Yes
Are they providing Product Training for their business partners? Yes
Do they provide Back-Office Support for their authorized person? Yes
Are they providing Trading Support to their business partners? Yes
Are they sharing Advisory Support with their partners? Yes
Does the broking house provide Marketing Support to their sub brokers? Yes

Which is the Infrastructure required for Edelweiss Sub Broker Program?

If you are willing to work in conjunction with Edelweiss Sub Broker Infra Requirement, then there are some parameters that you need to fulfill. We call them the partnership infrastructure requirements.

First on this list is the employee strength, which should be a minimum of 3 employees. The office area is second on this list, which should be a minimum of 200 square feet.

Apart from that, you need to have a trading terminal, a stable internet connection, telephone lines, and other miscellaneous research services in order to be a part of Edelweiss Partner Requirement.

Edelweiss Partner Infrastructure Requirement
Find the various Infra required to take up Edelweiss Franchise
What is the Employee Strength needed to start this franchise? Minimum 3
Do the Sub Broker needs to provide Trading Terminals? Yes
Is the Internet Connection mandatory to take up franchise? Yes
Are Telephone Lines mandatory for Business Partners? Yes
Is mandatory to provide Research Services by Sub Broker? Yes
How much is the size of Office Area required to become a Sub Broker? Minimum 200 Sq Ft

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What are the Eligibility Criteria to Become Edelweiss Broking Partner?

Here is the list of Edelweiss Sub Broker eligibility criteria that you must meet before you apply to become a partner:

  • You have to register yourself with SEBI. It is statutory and mandatory.
  • You must be at least 18 years of age to apply, and it would be best if you are a graduate.
  • They prefer any sort of certification if you have, which is, in some ways related to the stock market or financial market.

It would be best if you maintain a clean financial and social profile before you apply. This is essential as Edelweiss Sub Broker Franchise eligibility depends on it.


What are the brokerage charges levied to the Clients of Edelweiss Partners?

The overall brokerage fee that Edelweiss authorized person charges from their clients is often criticized for being higher than the others.

For equity intraday, they charge somewhat between 0.03% – 0.05%, while for equity delivery, that ranges between 0.20% – 0.60%.

You can consider both these fees higher than other companies. They charge ₹120 per lot for equity options, which is again significantly higher compared to other companies. The same applies to currency options, which is ₹30 per lot.

Now, equity futures are next in line, which is between 0.03% – 0.05%, while for currency futures, they charge 0.03% – 0.05%. Edelweiss Partner charges doesn’t apply on commodity-related activities as they don’t deal with that.

Edelweiss Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by Edelweiss Sub Broker to their clients
What are Equity Intraday charges? 0.03% – 0.05%
How much are Equity Delivery charges? 0.20% – 0.60%
How much is the charge levied on Equity Options? Rs.120 per Lot
How much are the Currency Options charges? Rs.30 per Lot
What are Equity Futures charges? 0.03% – 0.05%
What are the charges levied on Currency Futures? 0.03% – 0.05%
What are the charges levied on Commodity Trading? NA

What is the Account Opening Charges Levied to the clients of Edelweiss Sub Broker?

Many of you may get thrilled to know that Edelweiss Franchise charges nothing to open an account with them. It is free of cost.

However, the margin money that Edelweiss Sub Broker charges to start trading are on the higher side, if you compare them with other companies, which is ₹25,000.

Now while the transaction charges may be free of cost for the client, they charge ₹500 per annum as the AMC of the Demat account.

Shockingly, they also charge an AMC fee for the trading accounts, which is ₹750 per annum. This is something which many companies offer for free.

Edelweiss Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by Edelweiss Franchise to their clients
What are the Account Opening Charges? Zero
What is the Margin Money required? Rs.25,000
What is the charge for Demat AMC? Rs.500
how much are Trading AMC charges? Rs.750
How much is the Transaction Charges levied? Zero

What is the Customer Ratings of Edelweiss Authorised Person Program?

The Edelweiss Franchise Ratings are mostly positive. There are some grievances, too, which we will discuss in the conclusion part, but they have covered most of their operations. The customers believe they share decent revenue with them. thus, they rated 3.5 out of 5.

Security deposits always annoy the customers, yet when they rated 3.2 out of 5, we should consider that they did well. Experience has been their main asset; which, the customers also agreed and rated 3.6 out of 5.

The offer section is well covered by Edelweiss, on which the customers have rated 3.5 out of 5. Nowadays, every customer wants a robust Mobile App & Trading Platforms. So, a rating of 3.3 out of 5 is not adequate and clearly, the customers wanting more from it.

So, when we calculate the overall Edelweiss Sub Broker review, it comes as 3.7 out of 5, which we believe is good enough.

Edelweiss Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for Edelweiss
According to Revenue Sharing Model of the Franchisor 3.5 / 5
Ratings as per Security Deposit provided by the company 3.2 / 5
As per Experience in the Sub Broker Business 3.6 / 5
As per Offers provided by the Broking Franchise 3.5 / 5
Ratings as per Mobile Trading App & Trading Platforms 3.3 / 5
Overall Ratings of the Sub Broker Franchise 3.7 / 5
Star Ratings ★★★★☆

Edelweiss Franchise Conclusion

Like every other company, Edelweiss Sub Broker too has its fair share of drawbacks. The customers often show signs that they are expensive. Meaning the brokerage fee is way off the charts.

Having said so, the Edelweiss Franchise is under the supervision of Reliance Capital, which itself reflects a trust factor. They are experienced and people apparently earning money. Nothing more can be expected of them.


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