The Indian stock market has ample opportunities. With retail investor participation at an all-time high and technology making trading easier than ever, becoming a stock market franchise owner in 2025 can be a life-changing decision.
Whether you’re a financial professional, a business-minded individual, or a budding entrepreneur, starting a stock broking franchise offers the potential to earn a steady, recurring income with relatively low initial investment.
In this guide, you’ll learn what a stock market franchise is, why it’s booming in 2025, how much you can earn, and the exact steps to get started.
What is a Stock Market Franchise?
A stock market franchise is a business model where a registered stockbroker authorizes individuals or companies to operate under its brand, registering with the Exchanges and offering trading & investment services to clients.
It’s also referred to as a sub-broker model, though SEBI now uses the term “Authorized Person” (AP).
Difference between franchise, sub-broker, and remisier:
*Franchise/Sub-Broker: Full client servicing, advisory, and trading facilities under a broker’s license after registering with the respective Exchanges with proper documentation.
* Remisier: Primarily brings clients and earns a commission without handling full operations and acting as an introducer for the Stock Broker.
Why Start a Stock Broking Franchise in 2025?
The numbers speak for themselves:
* Over 15 crore demat accounts in India as of 2024.
* Growing awareness about equity, mutual funds, and ETFs.
* Digital-first brokers offering seamless onboarding & trading.
Key reasons to start now
1. Booming retail participation – New investors entering daily. Most of the new investors are in the age group of 25- 35 years
2. Multiple income sources – Brokerage, advisory fees, IPO subscriptions, mutual funds, and insurance cross-selling.
3. Technology advantage – AI-based platforms, AI-Analysis, Mobile trading, Algos, Robo-advisory tools.
How Much Can You Earn?
Earnings depend on your client base, revenue-sharing agreement, and product portfolio.
Example earning model:
* Brokerage revenue from 50 active clients: ₹80,000/month
* Mutual fund commissions: ₹15,000/month
* IPO & other product incentives: ₹10,000/month
Total: ₹1,05,000/month
Revenue-sharing models:
* 50:50 – Broker and franchise share profits equally, with lots of support from the Stock Broker. This model is good for Beginners
* 80:20 – More experienced franchisees may get higher shares.
Steps to Start a Stock Market Franchise
1. Choose the right brokerage partner – Look for brand reputation, technology, and product range.
2. Apply for AP registration – Submit documents to NSE/BSE through your broker.
3. Complete SEBI/NISM certification – Mandatory for client handling.
4. Set up office infrastructure – Trading terminals, internet, seating, compliance boards.
5. Create a client acquisition plan – Combine personal network with online marketing.
Choosing the Right Franchise Partner
When selecting a broker, evaluate:
* Reputation & trust in the market.
* Brokerage rates & revenue sharing.
* Technology & trading platform quality.
* Training & marketing support.
Some top players in India: Zerodha, Angel One, IIFL Securities, Sharekhan, and Motilal Oswal.
Common Mistakes to Avoid
* Joining a franchise without comparing multiple options.
* Relying only on walk-in clients, ignoring digital channels.
* Offering limited products (missing cross-sell opportunities).
Conclusion
The stock market franchise business in India is growing at a rapid pace, and 2025 could be your best chance to enter this profitable sector. With the right broker partnership, client acquisition strategy, and consistent service, earning ₹1 Lakh+ per month is realistic and achievable.
If you’re ready to take the next step, GrowAxis can guide you in choosing the right franchise partner and setting up a revenue-generating business. Take your first step, book a consultation with a GrowAxis representative here.
FAQs
1. Is the stock market franchise profitable in India?
Yes, with proper client acquisition and product diversification, it can generate a steady monthly income.
2. How much investment is needed for a stock broking franchise?
Typically ₹25,000 – ₹1,00,000, depending on the broker and office setup.
3. What is the difference between a sub-broker and a franchise?
Both terms are often used interchangeably, but a sub-broker (AP) operates under a broker’s license, handling clients directly.
4. Which is the best stock broking franchise in India?
It depends on your target market, but brokers like Angel One, Zerodha, and Motilal Oswal are popular choices among investors.
5. How to earn ₹1 Lakh per month as a sub-broker?
Focus on building a loyal client base, offering multiple products, and actively marketing your services.