Top 10 Stock Brokers In India

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Top 10 Stock Brokers In India - by infinitebroker.com Great Indian Stock Brokers for Happy Traders

Introduction The greatest names in Indian stock market have been nominated for the list of top 10 stock brokers in India. Some candidates of top famous Indian stock brokers might have traditional brokers and charge very high brokerage but they have served for years to their customers.

1. Zerodha Broking Limited – Top Indian Stock Brokers Zerodha is a Bangalore based stock broker founded in 2010 by Mr. Nitin Kamath.

It was the 1st stockbroker who introduced per trade brokerage in India.

Zerodha introduced trading platforms such as Zerodha Kite web, Kite Zerodha mobile, Zerodha PI, Kite connect API for his traders and investors. Zerodha also introduced varsity, the complete learning web application that guides basic fundamentals to advanced derivatives trades in the stock market. Zerodha offers COIN to invest in mutual funds.

They charge a brokerage of Rs 20 per trade irrespective of trade value or trade quantity.

Zerodha is India’s No.1 stock broker with 3391059 happy customers. Read full review.

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2. Upstox – Top Stock Brokers India Upstox is a stock broking brand by RKSV Securities India Private Limited. It was founded by Ravi Kumar, Raghu Kumar, and Shrinivas Viswanath in 2011. Upstox is backed by Mr. Ratan Tata, Kalaari Capital, and Tiger Global Management.

Upstox is a Mumbai based discount stock broker. It is famous for its lowest brokerage charges of Rs 20 per trade and it’s mobile trading app “Upstox Pro” It is the 2nd largest stock broker in India with 1960861 customers. Read full review.

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3. Angel Broking Limited – Best Top 10 Stock Brokers In India Angel Broking Limited is a well-known full-service stock broker in India. It was established in 1987 and it has a presence in more than 1000 cities in India.

Recently it was entered into discount brokerage with Rs 20 per trade. They offer Angel Broking Trade, Angel Broking Mobile App, and Angel Speed Pro for trading to its customers.

Angel Broking Limited has 1454167 active customers under its belt. Recently it jumped to 3rd position in the top 10 rankings. Read full review.

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4. ICICI Direct (ICICI Securities Limited) – Top 10 Stock Brokers In India.

ICICI Direct (ICICI Securities Limited) is a broking brand by ICICI banking services in India. Due to its high brand value, ICICI Securities charges high brokerage to its customers.

ICICI Direct offers a 3-in-1 account – Saving, Trading, and Demat. ICICI Securities gives Trade Racer trading terminal, icicidirect.com web platform, and ICICI Direct mobile app to its traders.

ICICI Direct (ICICI Securities) holds the No.4 position in India with 1435356 customers. Read full review.

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5. HDFC Securities Limited – Top Ten Stock Brokers In India HDFC Securities is a Stock Broking company of HDFC Bank Ltd. HDFC Securities provides both Online and Offline trading.

HDFC Securities also offers a 3-in-1 account including Saving, Trading & Demat account.

HDFC Securities is the 5th largest Stock Broker in India with 944091 active customers. Read full review.

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6. 5Paisa Capital Limited – Top Indian Stock Broker 5paisa is a Mumbai based leading discount stock broker backed by India Infoline.

It is the first discount stock broker listed on NSE and BSE. 5Paisa offers trading through web-based trading platform Trade Station and 5Paisa mobile app.

As per NSE’s fresh data, 5Paisa has 845879 active traders. Read full review.

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7. Kotak Securities Limited – Popular Indian Stock Brokers Kotak Securities is one more bank based stock broker that offers a 3-in-1 account facility with Saving, Trading, and Demat account. Kotak Securities enjoys a good amount of brand name through its banking services. This brand name helps high scale customer acquisition at a very low cost. They have 1200+ branches in India.

As per fresh data from NSE, Kotak Securities have more than 717658 clients and ranked in 7th position in India. Read full review.

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8. Sharekhan Limited – Top 10 Stock Brokers In India Sharekhan is India’s 5th largest full-service stock broker after ICICI Securities, HDFC Securities, Angel Broking Ltd., and Kotak Securities. Recently it was sold out to BNP Paribas for Rs 2200 cr.

Sharekhan is one of the oldest stock brokers in India for offering online trading services.

Sharekhan is also known for its trading platform Trade Tiger. Trade Tiger is one of the most high-tech and user-friendly trading platforms in India.

Sharekhan is the 8th largest stock broker in India with 676631 customers. Read full review.

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9. Groww (NEXTBILLION TECHNOLOGY PRIVATE LIMITED) – Famous Top Ten Stock Brokers Groww is a Bangalore based online discount stock brokerage firm. It is brand by Nextbillion Technology Private Limited.Groww started as a mutual fund investment platform in the year 2016. The company entered into stock broking in 2020.

Groww charges brokerage of Rs 20 per executed order or 0.05% on turnover whichever is lower.

Groww is the fastest growing company in Indian broking industry. As per NSE’s fresh data, the company has 656519 active clients.Read full review.

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10. Motilal Oswal Financial Services Limited – Famous Top Ten Stock Brokers Motilal Oswal is a well known name in the Indian stock broking industry. They are one of the oldest stock brokers in India with an establishment in 1987. They are majorly into institutional trading but also provide retail stock broking services as well.

Currently, they have 543311 active traders with NSE. Read full review.

A few words before ending Top 10 Stock Brokers In India Thank you for reading the above section. We have tried our best to give you a summary introduction of Top 10 Stock Brokers in India. Kindly refer to our broker comparison section to select the right broker. All the best.

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