Zenmoney Franchise

Zenmoney is one of the leading financial services company. It provides various types of financial & investment products and services and when it comes to Zenmoney franchise business, the broker offers different partnership opportunities to prospect businesses.

Let’s have a detailed look to understand how it works!

Zenmoney Franchise Review

Zenmoney is a full-service stockbroker established in the year 1995. The company was started as a proprietary concern by Mr K Kabindra Babu in 1986. Later in the year 1995, Zenmoney converted into a Limited company named Zenmoney Securities Limited.

The company is the first corporate member from Hyderabad and also it is the first broking firm which allowed AP on the National Stock Exchange (NSE).

Zenmoney is a registered member of NSE and BSE on both capital market and future & Options segment. Again, it is a registered member of MCX for the trading of commodities. The company is registered for depository services on NSDL and CDSL. It is also registered at SEBI as a portfolio manager and provide services of PMS to clients.

 

Zenmoney is popular among the financial market players for its advisory service which helps clients in making money. The research team of the broker provides long-term investment suggestions on a regular time interval.

The head office of the Zenmoney is in Hyderabad. Its branches and associates are in Andhra Pradesh, Tamil Nadu, West Bengal, Maharastra, Karnataka and Orissa. The broker operates through 500 trading terminals from 140 locations.

As a business partner of the Zenmoney, your clients will be able to trade in the following segments:

• Equity
• Commodity
• Currency
• Derivatives
• IPO
• Mutual funds
• Depository services
• NRI Services
• Portfolio management
• Corporate fixed deposit

In this article, we will try to cover all details of the Zenmoney Franchise like the business model, the revenue sharing model, security deposit, offers, registration process etc.

Zenmoney Franchise Advantages

Following are the advantages of getting associated with the Zenmoney as a business partner.

A trusted name– An old name in the financial market. The brand name will help you to acquire more and more clients for your business.

A wide range of products and services– All financial and investment products and services available under one roof. Your clients need not move to the other broking house for any financial product or service. They will associate with you for the long-term.

Skilled research division– The research and analysis team of the company is very skilled and experienced. Your clients will be benefited by getting monthly, quarterly, yearly or as required research reports. The hit ratio of reports is very good. It means higher chances of trading profit and investment return.

Business model– Since the company is offering a Business Associate Model from a very long ago, it has gained the trust of business partners through its facilities and services provided to them.

Advanced technology– Zenmoney is using advanced technology and tools for all trading and investment related things. Hence, as a business partner, your clients will be able to generate high revenue.

Good trading platform– The trading platform used by the broker is the integration of both the trading terminal and internet trading terminal.

Zenmoney Franchise Types

Zenmoney offers a single business model to the customers to get associated with them i.e.

• Sub-broker/Business Associate

Sub-broker/Business Associate:

Sub-broker model is the business model offered by the Zenmoney.

This business model is a very old business model offered by the company. Under this model, you are required to make arrangements to run your business properly. You will get marketing, technology and client acquisition support from the company also.

As a sub-broker, you are required to set up an office with minimum infrastructure. In which you should have monitors, some clients, broadband internet connection etc. You will get the right to use the technology and trading platform used by the broker. For this, the broker will charge a minimal amount as a fee and some money will be charged as a security deposit which will be refundable.

Benefits:

• Easy client acquisition by associating with an old brokerage firm.
• Can run your business smoothly with such an experienced research team.
• You will get the right to use the tools and techniques of the broker.
• Attractive revenue sharing ratio.
• You can fix the brokerage charge of your clients.

Zenmoney Franchise Revenue Sharing ratio

The range of the revenue sharing ratio of Zenmoney can be 40%-70%.

As a business partner, you will get as minimum as 40% of the revenue generated by your clients and a maximum of 60% of the revenue will be kept by the broker. This range is in line with most of the broking house in the industry. It can be more or less also.

 

Suppose if as a sub-broker, you generate ₹1,00,000 revenue in a month. Then, you will get as minimum as ₹40,000 your share and Zenmoney will get as high as ₹60,000 its share in a month.

However, the range depends on some factors pre-decided by the broker. It depends on the experience, revenue generation, security deposit and bargaining power of a business partner.

Zenmoney Franchise Security deposit

To start a partnership business, almost all broking firm demand the security deposit from the business partners. Zenmoney demands a minimum of ₹50,000 as a security deposit before signing the partnership business agreement.

From the industry perspective, this security deposit is not that high. Furthermore, this security deposit is refundable at the time of the end of the agreement.

 

However, the company also charges some non-refundable money, which is used as a stock exchange membership fee, expenses incurred in setting up your business, advertisement expense etc.

Zenmoney Franchise Registration

By going through the below-mentioned steps, one can become a sub-broker of Zenmoney.

• Fill your basic details in the lead form available on the website. You may choose to fill the below form as well:

• Get a call from the call centre executive to verify your interest in the partnership business.
• You will get the second call directly from the Zenmoney to fix an appointment with the sales executive of the company.
• At the meeting, they will try to tell you everything related to the partnership business like the business model, revenue sharing ratio, offers, support to sub-broker etc. You are also free to clear your confusions if you have.
• You will be asked to submit all the required documents for the verification purpose with a security deposit cheque.
• After verification, you will be provided with an account ID to start your business.
• Now, you are ready to get an attractive revenue ratio by doing your business.

The whole process will take 4-6 days to complete.

Zenmoney Franchise Summary

Zenmoney is one of the oldest stockbroking company. It has advanced technology and good trading platform which helps clients and business partner in doing their business smoothly.

The research team of the broker is highly skilled and expert in their field. The research reports provided by them to the clients help in taking the right investment and trading decision.

The revenue sharing ratio and the security deposit required by the broker is affordable and in-line with the industry. On the other hand, the services of the broker are limited to the few states of the country only.

Hence, by going through all points it can be concluded that the Zenmoney is a good broking house from the point of view of partnership business in this field.

If in case, you are interested in setting up a sub-broking business, let us assist you in taking the next steps forward: