Close Menu
JustwebworldJustwebworld
  • Astrology
  • Business & Finance
    • Cryptocurrency
    • Make Money
    • Entrepreneur
    • Brands
    • Companies
    • Personal Finance
      • Banking
      • Insurance
      • Trading and Investing
  • Tech
    • Computing
    • Cybersecurity
    • Electronics
    • Android
    • Apple
    • Gadgets
    • Social Media
    • Mobile Apps
    • Softwares
  • Education
    • Vocabulary
    • Abbreviations
    • General Knowledge
    • Writing & Translation
  • Lifestyle
    • Beauty & Cosmetics
    • Fashion & Style
    • Furniture & Decor
    • Luxury
    • People & Relationships
    • Pets and Animals
    • Shopping
    • Parenting
    • Gardening
    • Birthdays
  • Health
  • Travel
  • Auto
  • Gaming
  • Food
  • Entertainment
  • Sports
Facebook X (Twitter) Instagram
Saturday, May 24
  • About
  • Contact Us
  • Advertise With Us
  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
JustwebworldJustwebworld
  • Astrology
  • Business & Finance
    • Cryptocurrency
    • Make Money
    • Entrepreneur
    • Brands
    • Companies
    • Personal Finance
      • Banking
      • Insurance
      • Trading and Investing
  • Tech
    • Computing
    • Cybersecurity
    • Electronics
    • Android
    • Apple
    • Gadgets
    • Social Media
    • Mobile Apps
    • Softwares
  • Education
    • Vocabulary
    • Abbreviations
    • General Knowledge
    • Writing & Translation
  • Lifestyle
    • Beauty & Cosmetics
    • Fashion & Style
    • Furniture & Decor
    • Luxury
    • People & Relationships
    • Pets and Animals
    • Shopping
    • Parenting
    • Gardening
    • Birthdays
  • Health
  • Travel
  • Auto
  • Gaming
  • Food
  • Entertainment
  • Sports
JustwebworldJustwebworld
Home»Business & Finance»Personal Finance»Trading and Investing»Top 10 Stock Brokers in India

Top 10 Stock Brokers in India

Kara ClaytonBy Kara Clayton Trading and Investing
Facebook Twitter LinkedIn Telegram Pinterest Reddit Email WhatsApp
Follow Us
WhatsApp Telegram
Share
Facebook Twitter LinkedIn Pinterest Reddit Telegram WhatsApp

Brokers serve as a middleman between buyers and sellers since they are market makers. They either create or remove liquidity based on the type of order. Brokers typically consist of entire businesses rather than a single person.

Table of Contents

Toggle
  • Top 10 Stock Brokers in India – List of Top Stock Brokers in India
    • Zerodha
    • Angel Broking
    • ICICI Direct
    • HDFC Securities
    • 5Paisa
    • Sharekhan
    • Axis Direct
    • Upstox
    • Motilal Oswal
    • Kotak Securities

Top 10 Stock Brokers in India – List of Top Stock Brokers in India

Stock Brokers in India

These businesses usually offer their clients a variety of services, including money management, investment guidance, and even the creation of financial instruments like ETFs or mutual funds. Brokers receive commissions on each transaction and interest as account custodians. In order to increase their clients’ assets under management, brokerage houses frequently provide signing bonuses to new customers.

You may get a quick overview of the top bargain and full-service stockbrokers in India from this list of the best stock brokers in India.

Zerodha

With over 4 million clients who account for +15% of daily retail trading volumes on Indian stock exchanges, Zerodha is the largest and best brokerage in India.

With a no-brokerage model for investors and a flat Rs 20 per trade brokerage price for intraday and other trades, Zerodha, founded in 2010, promoted the idea of discount brokerage in the Indian equity market. Although competing with major companies like ICICI and HDFC is challenging, Zerodha has maintained its position as the nation’s top bargain broker. Discount broking has other rivals as well, although Zerodha, the biggest discount broking company in India, has a sizable customer base there.

To assist its clients, from trading tools to education, Zerodha offers a wide range of trading platforms and solutions. Their trading platform is made up of Kite 3.0, Kite Mobile, Kite Console, Pi, Sentinel, and Coin.

Also Read: What Can You Learn From LAT Free Trading Workshops? What Can You Learn From LAT Free Trading Workshops?

Angel Broking

With over 30 years of expertise in the broking industry and one million satisfied customers, Angel Broking, which was founded in 1987, is a well-known brand. They are present in more than 1800 Indian cities. Angel Broking provides trading services in equity, futures and options, commodities, and foreign exchange on the BSE, NSE, NCDEX, and MCX.

Although for more than 20 years Angel Broking operated as a full-service broker and charged its clients a 10% brokerage fee. To counter rapidly expanding discount brokers like Zerodha, 5Paisa, Upstox, etc., they just switched from percentage brokerage to flat fees (Nov 2019).

ICICI Direct

The top spot on the list of full-service stockbrokers belongs to ICICI Direct, which is a division of ICICI Securities. It is equipped and supported by the ICICI Group, a major provider of private financial services that was founded in 1994.  The company relies on its tailored, high-quality services and 3-in-1 account feature to attract such a large number of active customers.

Prior to 2019, Zerodha, the leading discount brokerage, surpassed ICICI Direct in terms of the number of active consumers, with a clientele of more than 2 million. However, the most popular trading platform in India is ICICI Direct.

HDFC Securities

The largest private sector bank, HDFC, has a subsidiary called HDFC Securities Limited that has been around for 20 years and has a significant online and physical presence. The organization, which has its headquarters in Mumbai and more than 270 offices and branches throughout the nation, is recognized as one of the best full-service stockbrokers in India.

Also Read: 4 Things To Know Before Opening A Demat Account In 2023 4 Things To Know Before Opening A Demat Account In 2023

The distribution of financial products is combined with a wide range of stockbroking services by HDFC Securities Limited, which is renowned for providing comprehensive services to a variety of clients and professional traders. Customers of this broking business can invest in and trade through a variety of financial instruments, including commodities, FDs, bonds, and stocks.

5Paisa

The cheapest stock brokerage in India is provided by 5Paisa, which is a division of IIFL (India Infoline). IIFL created 5Paisa to compete with the rapidly expanding discount brokerage market and provide clients with a reduced brokerage platform.

Services provided: In addition to trading in stocks, foreign exchange, and commodities, 5Paisa also provides services in the areas of mutual funds, insurance, and personal loans.

Sharekhan

In 2000, the full-service stockbroker Sharekhan was established in India. It offers Indian investors the chance to trade and invest in the stock market. Sharekhan was bought by BNP Paribas in 2016. It is managed by BNP Paribas as a wholly-owned subsidiary. The largest bank in Europe is BNP Paribas S.A. It is traded on the French stock exchange, Euronext Paris. With 676631 clients, Sharekhan is India’s eighth-largest stockbroker and the country’s fifth-largest full-service retail brokerage firm. In India, Sharekhan pioneered online trading. Among the financial products and services it offers are wealth management, mutual fund distribution, loan against shares, ESOP financing, IPO financing, and securities brokerage.

Retail brokerage services are offered by Sharekhan in equities, commodities, currency, initial public offers (IPOs), and portfolio management services, as well as mutual funds.

Also Read: How To Open Upstox Demat Account – Account Opening Process & Review How To Open Upstox Demat Account – Account Opening Process & Review

Axis Direct

Arun Thukral created Axis Direct, the stockbroking division of Axis Bank, in 2011 as a full-service stockbroker. With more than 75 locations all throughout India, Axis Direct is one of the burgeoning stockbrokers in the offline market. Axis Direct also boasts one of the busiest clientele in the Indian stockbroking sector.

Users of this supplier broker can trade in a variety of financial segments, including equity, derivative trading, currency trading, initial public offerings (IPO), NCDs, mutual funds, bonds, and ETFs. This supplier broker has subscriptions to the NSE, BSE, MSEI, and MCX-SX. Over 300,000 people are active clients of Axis Direct. Users can open a Demat 3-in-1 account with Axis Direct, an Axis Bank affiliate, without having to worry about complicated fund transfers.

Upstox

Upstox is a rapidly expanding discount broker that is supported by a number of notable investors, such as Kalaari Capital, Ratan Tata, GVK Davix, and others. RKSV is another name for it. In 2012, RKSV launched Upstox, which changed its name to Upstox in 2015. Upstox, behind Zerodha, has the second-highest number of active clients on the NSE as of January 2021.

Upstox provides trading services for stocks, currencies, and commodities.

Fees for Upstox Brokerage

Equity delivery deals made through Upstox are cost-free. Trading commissions for intraday orders on the BSE, NSE, MCX, and F&O are 0.05%, or up to Rs. 20 per order. No matter how big the transaction, the brokerage fee is merely Rs. 20 per traded order.

Motilal Oswal

One of the most recognized stock brokers in India has more than 20 years of experience in trading and investing, is distributed throughout more than 500 cities, and has more than 2,200 business locations.

Also Read: How to Open Angel Broking Demat Account Online | A Detailed Guide How to Open Angel Broking Demat Account Online | A Detailed Guide

Mr. Motilal Oswal and Mr. Ramdeo Agrawal, who transitioned from sub-brokers to pioneering business owners in the financial services sector, are two well-known figures in the Indian stock market. They have focused on giving clients high-quality stock recommendations based on research, and today they are major players and one of the biggest stock-broking firms in this sector.

They eventually ventured into numerous new fields in addition to the broking industry, including private equity, investment banking, mutual funds, portfolio management service, wealth management, and all of those conventional fields.

Kotak Securities

Kotak Securities Ltd., a subsidiary of Kotak Mahindra Bank with operations in more than 360 cities, was established in 1994. Kotak Securities Limited, one of the top five full-service brokers and one of the few stockbrokers to offer a 3-in-1 account facility, is renowned for being unconventional when it comes to providing clients with one-of-a-kind services.

As a member of the well-known financial services company The Kotak Mahindra Group, Kotak Securities and its group provide a wide range of clients in India and around the world with a variety of multi-asset class investment and trading products and services, distribution services, insurance products, investment banking, and much more.

Follow on WhatsApp Follow on Telegram
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous ArticleWhat is 5/8 of an Inch? – Show me 5/8 on a Ruler!
Next Article Node.js Vs Laravel: How to Choose the Right Framework
Kara Clayton
  • Website

Kara Clayton is a passionate writer with a flair for turning ideas into captivating content. Whether it’s technology, business, health, or lifestyle, she knows how to make every topic engaging and easy to understand. With a natural storytelling ability and a keen eye for detail, Kara’s writing not only informs but also keeps readers hooked till the last word. A true tea lover, she believes that a good cup of tea sparks creativity and fuels her best work. When she’s not writing, you’ll find her sipping her favorite brew, exploring new ideas, or getting lost in a great book.

Related Posts

What Should Investors Do When the Market Is Down Today?

Top 8 Stock Brokers In India: Features and Pricing for 2025

Learn Stock Market: Essential Knowledge for New Investors

Stock Market Mastery: Proven Techniques to Boost Your Portfolio

Future Tech: Key Semiconductor Stocks Driving Innovation

How to Start Day Trading With US Stock From India?

Leave A Reply

Categories
Archives

Seeing 808 Everywhere? Angel Number 808 Meaning, Love, Career & Destiny Explained

FC Goa: Indian Super League Powerhouse | Players, Records & Titles

Tesla Model Y 2025 Review: Price, Range, Specs & Features | America’s Top Electric SUV

Sasha Montenegro: Mexican Cinema Icon | Biography, Movies, Husband, Life & Legacy

The Price of Keeping Financial Secrets in a Marriage

Latest Anime Saga Codes (May 2025) – Redeem Free Rewards | Before They Expire!

Jose Alvarado NBA 2025: Inspiring Journey, Impressive Stats, Big Contract & Puerto Rico Pride

Who is Hazel Brugger? Top Swiss Comedian, Eurovision Host & Comedy Queen of Europe

Luke Kornet Full Player Profile | Age, Height, Net Worth, Career Stats 2025

Who Is Brent Faiyaz? Age, Songs, Albums, Net Worth & Tour 2025

DMCA.com Protection Status
Quick Links
Age Calculator
Angel Number Calculator
Case Converter
Sudoku Online
Word Counter
Love Calculator
Useful Links
Number to Words
Period Calculator
Yes-No Picker Wheel
Demon Name Generator
Kingdom Name Generator
Harry Potter Name Generator
Helpful Resources
Colors Name In English
Best Computer Brands
WhatsApp Web
Most Beautiful Beaches
Tesla Cybertruck Review
Richest Actors in the World
Explore More
Good Morning Handsome
Best English Songs of All Time
Cricket World Cup Winners
Ways to Say Rest In Peace
Britain’s Got Talent Winners
American Idol Winners
Facebook X (Twitter) Instagram Pinterest YouTube Tumblr LinkedIn WhatsApp Telegram Threads RSS
  • About
  • Contact Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
  • Web Stories
Copyright © 2012-2025. JustWebWorld - All Rights Reserved. | Sitemap

Type above and press Enter to search. Press Esc to cancel.

×

👇 Bonus Reads for You 🎁

Technical Vs Fundamental Analysis In Forex
Technical Vs Fundamental Analysis In Forex
Investment Ideas to Start Growing
5 Investment Ideas to Start Growing Your Wealth In 2022
Reliable Forex Brokers
Why Reliable Forex Brokers Is In Much Demand These Days?
Collecting Gold Coins as an Investment
6 Reasons You Should Invest In and Collect Gold Coins