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Broker Complaints in FY 2017-18 at NSE

Exchange:  NSE
Financial Year:  2017-18
Last Updated:  Saturday, May 26, 2018

List of complaints received against stock / commodity brokers at NSE in financial year 2017-18. This page also provides the number of active client's brokers in India.

We have also ranked the broker by number of complaints exchange received against them. If broker is ranked low in the rank (i.e. 1); it means the broker is comparatively good in terms resolving investor problems or grievances.

Complaint against Brokers at NSE in FY 2017-18

Broker Name Broker Detail Number of Clients   Know more Total Complaints   Know more
ICICI SECURITIES LTD Broker Detail... 798,355 153
HDFC SECURITIES LTD Broker Detail... 602,493 102
ZERODHA Broker Detail... 540,905 339
SHAREKHAN LTD Broker Detail... 535,003 154
AXIS SECURITIES LTD Broker Detail... 404,769 35
KOTAK SECURITIES LTD Broker Detail... 368,638 200
ANGEL BROKING PVT LTD Broker Detail... 363,663 356
MOTILAL OSWAL SECURITIES LTD Broker Detail... 307,647 160
KARVY STOCK BROKING LTD Broker Detail... 244,753 225
INDIA INFOLINE LTD Broker Detail... 225,435 138
SBICAP SECURITIES LTD Broker Detail... 213,616 102
GEOJIT FINANCIAL SERVICES LTD Broker Detail... 183,466 38
RELIGARE SECURITIES LTD Broker Detail... 143,892 78
RELIANCE SECURITIES LTD Broker Detail... 122,858 107
EDELWEISS BROKING LTD Broker Detail... 104,643 103
SMC GLOBAL SECURITIES LTD Broker Detail... 103,047 58
NIRMAL BANG SECURITIES PVT LTD Broker Detail... 95,918 69
VENTURA SECURITIES LTD Broker Detail... 82,753 34
ANAND RATHI SHARE & STOCK BROKERS LTD Broker Detail... 77,554 57
TRADEBULLS SECURITIES PVT LTD Broker Detail... 70,928 80
MONARCH NETWORTH CAPITAL LTD 54,858 23
ADITYA BIRLA MONEY LTD Broker Detail... 54,857 48
JAINAM SHARE CONSULTANTS PVT LTD Broker Detail... 54,727 1
INDIABULLS VENTURES LTD Broker Detail... 49,495 74
BONANZA PORTFOLIO LTD Broker Detail... 46,035 24
MASTER CAPITAL SERVICES LTD Broker Detail... 45,757 24
RKSV SECURITIES INDIA PVT LTD Broker Detail... 43,889 35
INTEGRATED ENTERPRISES INDIA PVT LTD 40,725 14
SUSHIL FINANCIAL SERVICES PVT LTD Broker Detail... 39,086 2
JM FINANCIAL SERVICES LTD Broker Detail... 38,831 10
JHAVERI SECURITIES LTD 37,579 3
SHRI PARASRAM HOLDINGS PVT LTD Broker Detail... 37,241 6
SHAH INVESTORS HOME LTD Broker Detail... 36,073 1
5PAISA CAPITAL LTD Broker Detail... 36,034 41
IDBI CAPITAL MARKETS & SECURITIES LTD Broker Detail... 35,362 18
ARIHANT CAPITAL MARKETS LTD Broker Detail... 32,370 6
SHRIRAM INSIGHT SHARE BROKERS LTD 31,374 20
SAMCO SECURITIES LTD Broker Detail... 29,595 22
WAY2WEALTH BROKERS PVT LTD Broker Detail... 29,395 6
LKP SECURITIES LTD Broker Detail... 28,952 34
BMA WEALTH CREATORS LTD 28,927 126
SURESH RATHI SECURITIES PVT LTD 28,826 1
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD Broker Detail... 26,543 6
GLOBE CAPITAL MARKET LTD Broker Detail... 26,413 36
SWASTIKA INVESTMART LTD Broker Detail... 25,560 21
KIFS TRADE CAPITAL PVT LTD Broker Detail... 24,248 12
EUREKA STOCK & SHARE BROKING SERVICES LTD Broker Detail... 23,661 1
ALANKIT ASSIGNMENTS LTD Broker Detail... 21,561 6
ASE CAPITAL MARKETS LTD Broker Detail... 21,495 1
PRABHUDAS LILLADHER PVT LTD Broker Detail... 19,993 4
SHCIL SERVICES LTD 19,869 11
VNS FINANCE & CAPITAL SERVICES LTD Broker Detail... 19,469 12
PRUDENT BROKING SERVICES PVT LTD 19,197 13
ARCADIA SHARE & STOCK BROKERS PVT LTD Broker Detail... 17,446 10
EMKAY GLOBAL FINANCIAL SERVICES LTD Broker Detail... 17,333 1
ASHIKA STOCK BROKING LTD Broker Detail... 17,195 12
GOLDMINE STOCKS PVT LTD Broker Detail... 16,875 1
ISE SECURITIES & SERVICES LTD Broker Detail... 15,330 2
STEEL CITY SECURITIES LTD 15,159 2
CHOICE EQUITY BROKING PVT LTD Broker Detail... 14,882 15
INDIANIVESH SECURITIES LTD 14,628 6
INDITRADE CAPITAL LTD 13,978 7
NJ INDIA INVEST PVT LTD 13,806 1
PHILLIPCAPITAL INDIA PVT LTD Broker Detail... 13,490 12
BANSAL FINSTOCK PVT LTD Broker Detail... 13,257 26
SS CORPORATE SECURITIES LTD Broker Detail... 12,964 1
TRUSTLINE SECURITIES LTD Broker Detail... 12,948 5
BGSE FINANCIALS LTD Broker Detail... 12,856 1
SSJ FINANCE & SECURITIES PVT LTD Broker Detail... 12,070 6
SOUTH ASIAN STOCKS LTD Broker Detail... 11,869 6
HEM FINLEASE PVT LTD 11,784 2
KUNVARJI FINSTOCK PVT LTD 11,606 2
ADROIT FINANCIAL SERVICES PVT LTD 11,367 5
DBFS SECURITIES LTD 11,321 11
FAIRWEALTH SECURITIES LTD 11,308 29
PCS SECURITIES LTD 11,305 1
NINE STAR BROKING PVT LTD 10,866 1
YES SECURITIES INDIA LTD 10,817 3
R K GLOBAL SHARES & SECURITIES LTD Broker Detail... 10,021 8
MICROSEC CAPITAL LTD Broker Detail... 10,011 5
CANARA BANK SECURITIES LTD 9,784 7
MANGAL KESHAV FINANCIAL SERVICES LTD Broker Detail... 9,775 3
SHREE BAHUBALI INTERNATIONAL LTD 9,752 1
BP EQUITIES PVT LTD Broker Detail... 9,626 1
LSC SECURITIES LTD 9,557 6
KISAN RATILAL CHOKSEY SHARES & SECURITIES PRIVATE LIMTIED 8,865 3
GUINESS SECURITIES LTD 8,790 13
STANDARD CHARTERED SECURITIES INDIA LTD 8,676 19
ANUGRAH STOCK & BROKING PVT LTD Broker Detail... 8,475 5
MANSUKH SECURITIES & FINANCE LTD 8,232 1
CAPSTOCKS & SECURITIES INDIA PVT LTD 8,224 4
INTIME EQUITIES LTD 8,183 9
B N RATHI SECURITIES LTD 8,148 8
JOINDRE CAPITAL SERVICES LTD Broker Detail... 8,143 1
DEALMONEY SECURITIES PVT LTD 7,850 20
RUDRA SHARES & STOCK BROKERS LTD Broker Detail... 7,828 3
VRISE SECURITIES PVT LTD 7,627 20
JK SECURITIES PVT LTD 7,599 1
NAVIA MARKETS LTD Broker Detail... 7,421 13
INVENTURE GROWTH & SECURITIES LTD Broker Detail... 7,349 5
PACE STOCK BROKING SERVICES PVT LTD Broker Detail... 7,290 12
SUNIDHI SECURITIES & FINANCE LTD Broker Detail... 7,250 4
INDBANK MERCHANT BANKING SERVICES LTD 7,144 5
SHAREWEALTH SECURITIES LTD 7,130 1
INDIRA SECURITIES PVT LTD Broker Detail... 7,127 1
MPSE SECURITIES LTD 7,110 14
COIMBATORE CAPITAL LTD 6,916 1
PROFITMART SECURITIES PVT LTD 6,781 16
IFCI FINANCIAL SERVICES LTD 6,707 4
RAJVI STOCK BROKING PVT LTD 6,659 1
CHOLAMANDALAM SECURITIES LTD 6,647 1
ARHAM SHARE CONSULTANTS PVT LTD 6,427 4
SPFL SECURITIES LTD Broker Detail... 6,422 1
HEDGE EQUITIES LTD 6,086 1
SKSE SECURITIES LTD 5,998 2
CELEBRUS CAPITAL LTD 5,975 5
WELLWORTH SHARE & STOCK BROKING LTD Broker Detail... 5,942 1
ELITE WEALTH ADVISORS LTD 5,897 9
ASTHA CREDIT & SECURITIES PVT LTD 5,789 5
SHREE KANHA STOCK BROKING PVT LTD 5,615 1
SYSTEMATIX SHARES & STOCKS INDIA LTD Broker Detail... 5,613 2
ACUMEN CAPITAL MARKET INDIA LTD 5,435 3
CONSORTIUM SECURITIES PVT LTD 5,434 1
INDUS PORTFOLIO PVT LTD Broker Detail... 5,358 2
MUTHOOT SECURITIES LTD 5,217 1
ALICE BLUE SECURITIES PVT LTD Broker Detail... 5,181 17
GOODWILL WEALTH MANAGEMENT PVT LTD 5,148 3
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD 4,938 2279
PROGRESSIVE SHARE BROKERS PVT LTD Broker Detail... 4,891 2
TRADESWIFT BROKING PVT LTD 4,475 1
DALAL & BROACHA STOCK BROKING PVT LTD Broker Detail... 4,164 6
PEERLESS SECURITIES LTD Broker Detail... 4,159 10
EXCLUSIVE SECURITIES LTD 4,075 4
GCL SECURITIES PVT LTD 4,057 2
ZUARI FINSERV PVT LTD 3,969 1
FORTUNE CAPITAL SERVICES PVT LTD 3,750 2
C D INTEGRATED SERVICES LTD 3,723 2
ASHLAR SECURITIES PVT LTD Broker Detail... 3,607 9
C.D. EQUISEARCH PVT LTD 3,570 10
SKP SECURITIES LTD 3,534 2
SATCO CAPITAL MARKETS LTD Broker Detail... 3,481 8
DB (INTERNATIONAL) STOCK BROKERS LTD Broker Detail... 3,474 1
FRR SHARES & SECURITIES LTD 3,435 2
KAYNET FINANCE LTD 3,387 38
DAYCO SECURITIES PVT LTD 3,362 1
VIKSON SECURITIES PVT LTD 3,348 2
A C AGARWAL SHARE BROKERS PVT LTD 3,292 2
INTEGRATED MASTER SECURITIES PVT LTD Broker Detail... 3,144 4
JYOTI PORTFOLIO PVT LTD 3,084 3
ATS SHARE BROKERS PVT LTD 3,014 6
ABHIPRA CAPITAL LTD 3,001 9
HINDUSTAN TRADECOM PVT LTD 2,950 9
SHILPA STOCK BROKER PVT LTD 2,908 4
MONEYCARE SECURITIES & FINANCIAL SERVICES LTD 2,892 1
NG RATHI INVESTRADES PRIVATED LTD 2,869 10
KANTILAL CHHAGANLAL SECURITIES PVT LTD Broker Detail... 2,857 3
A . G. SHARES & SECURITIES LTD 2,780 3
WEALTH MANTRA LTD 2,768 209
FAIR INTERMEDIATE INVESTMENTS PVT LTD 2,705 1
JUST TRADE SECURITIES LTD Broker Detail... 2,645 2
EASTERN FINANCIERS LTD 2,612 1
MULTIPLEX CAPITAL LTD 2,559 6
AMBALAL SHARES & STOCKS PVT LTD 2,409 1
ALMONDZ GLOBAL SECURITIES LTD 2,395 4
SUNLIGHT BROKING LLP Broker Detail... 2,393 2
COMPETENT FINMAN PVT LTD 2,386 1
BASAN EQUITY BROKING LTD 2,384 9
NDA SECURITIES LTD 2,369 1
JKB FINANCIAL SERVICES LTD 2,354 1
PINNACLE FOREX & SECURITIES PVT LTD 2,286 1
R.L.P. SECURITIES PVT LTD 2,188 1
BHARAT BHUSHAN EQUITY TRADERS LTD 2,186 3
MOTISONS SHARES PVT LTD 2,108 1
RAGHUNANDAN CAPITAL PVT LTD Broker Detail... 2,015 1
FINVASIA SECURITIES PVT LTD Broker Detail... 1,998 8
BALAJI EQUITIES LTD 1,976 1
CIL SECURITIES LTD 1,862 2
AASMAA SECURITIES PVT LTD 1,858 1
FYERS SECURITIES Broker Detail... 1,827 6
ESCORTS SECURITIES LTD 1,783 7
MLB CAPITAL PVT LTD 1,772 1
COMFORT SECURITIES LTD 1,722 2
AJMERA ASSOCIATES LTD Broker Detail... 1,709 1
ARHAM WEALTH MANAGEMENT PVT LTD 1,651 6
F6 FINSERVE PVT LTD 1,567 247
TR CAPITAL LTD 1,544 1
NARAYAN SECURITIES LTD 1,490 1
BADJATE STOCK & SHARES PVT LTD Broker Detail... 1,476 1
ACHIIEVERS EQUITIES LTD Broker Detail... 1,473 2
NAKAMICHI SECURITIES LTD 1,467 1
PSB SECURITIES LTD 1,459 1
ARTHA VRDDHI SECURITIES LTD 1,453 9
SW CAPITAL PVT LTD Broker Detail... 1,442 3
TIPSONS STOCK BROKERS PVT LTD 1,434 1
J M GLOBAL EQUITIES PVT LTD 1,393 6
EAST INDIA SECURITIES LTD 1,359 1
ANMOL SHARE BROKING LTD 1,319 2
GROVALUE SECURITIES PVT LTD 1,304 5
COMPOSITE SECURITIES LTD 1,300 1
MAX STOCK BROKING PVT LTD 1,198 1
SKUNG TRADELINK LTD 1,186 10
VERACITY FINANCIAL SERVICES PVT LTD 1,115 7
C. M. GOENKA STOCK BROKERS PVT LTD 1,102 1
QUANTUM GLOBAL SECURITIES LTD 1,066 7
KHANDWALA SECURITIES LTD 1,043 1
BEZEL STOCK BROKERS PVT LTD 1,034 2
BERKELEY SECURITIES LTD 1,034 2
UPSE SECURITIES LTD 996 2
BCB BROKERAGE PVT LTD Broker Detail... 975 1
SHARAVU FINANCIAL PVT LTD 972 1
ADWEALTH STOCK BROKING PVT LTD 961 1
KSBL SECURITIES LTD 949 10
VARDHAMAN CAPITAL PVT LTD 935 1
MAXGROWTH CAPITAL PVT LTD 924 1
ACEMONEY INTERMEDIARIES PVT LTD 915 1
STAR FINVEST PVT LTD Broker Detail... 909 1
JALAN & CO 888 1
GREENBUCKS SECURITIES PVT LTD 886 2
LFS BROKING PVT LTD 819 1
PURE BROKING PVT LTD 768 1
WEALTH DISCOVERY SECURITIES PVT LTD 766 1
SARAVANA STOCKS PVT LTD 702 1
EDELWEISS SECURITIES LTD 695 8
CREDENTIAL STOCK BROKERS LTD 645 1
ACHINTYA SECURITIES PVT LTD 599 3
FICUS SECURITIES PVT LTD 590 239
DSE FINANCIAL SERVICES LTD 561 1
MSE FINANCIAL SERVICES LTD 558 1
RR EQUITY BROKERS PVT LTD 550 2
ACTION FINANCIAL SERVICES INDIA LTD 550 3
QUANTUM SECURITIES PVT LTD 530 1
L.D.K. SHARES & SECURITIES PVT LTD 486 1
SHAVETA STOCK & SECURITIES PVT LTD 486 1
MAXIMUS SECURITIES LTD 470 1
DAULAT SECURITIES LTD 470 1
INDO JATALIA SECURITIES PVT LTD 451 2
SHIVMANGAL SECURITIES PVT LTD 406 1
UNITED SHARE BROKERS LTD 378 1
PUMARTH CREDIT & CAPITAL LTD 355 1
PREM SOMANI SHARE BROKERS PVT LTD 351 14
CPR CAPITAL SERVICES LTD Broker Detail... 346 3
FIRST GLOBAL STOCKBROKING PVT LTD 345 1
RAHUL SINGHAL PORTFOLIO 334 2
PRRSAAR 313 2
INVESTSMART STOCK BROKERS PVT LTD 309 1
ALTINA SECURITIES PVT LTD 305 2
PROFICIENT EQUITIES PVT LTD 289 2
ISHTA SECURITIES 263 1
VINIT ENTERPRISES 250 2
123 CAPITALS 241 1
BEST BULL STOCK TRADING 234 7
ALLIED FINANCIAL SERVICES PVT LTD 227 1
SIC STOCKS & SERVICES PVT LTD Broker Detail... 208 2
AMRUTLEELA EQUITIES PVT LTD 207 1
STOCKS & SECURITIES (BANGALORE) PVT LTD 204 1
AFN LANGRANA SHARE & STOCK BROKERS PVT LTD Broker Detail... 199 1
4A SECURITIES LTD 173 1
SODHANI SECURITIES LTD 170 2
I VENTURES CAPITAL PVT LTD 166 2
REFLECTION INVESTMENTS 155 1
INNOVATIVE CONSULTANTS 148 1
SAMRIDHI STOCKS PVT LTD 141 1
DESTINY SECURITIES LTD 141 1
KRISHA INCAP SERVICES PVT LTD 99 1
PUG SECURITIES PVT LTD 84 1
CROWN MONEY 64 1
MUNOTH CAPITAL MARKET LTD 63 1
RELIGARE CAPITAL MARKETS LTD 57 1
SHAREWAY SECURITIES LTD 54 1
HORIZON PORTFOLIO LTD 51 1
SWAN SECURITIES PVT LTD 46 1
SURYA SHAKTI INDIA FINANCIAL PVT LTD 42 1
KORP SECURITIES LTD 39 1
GOLDEN STOCK BROKERS PVT LTD 37 1
TRADEHIFI STOCK BROKING PVT LTD 31 1
TRADE CITY SECURITIES PVT LTD 22 1
K DAMANI SECURITIES PVT LTD 17 1
ANGEL SECURITIES LTD 14 2
PRB SECURITIES PVT LTD 13 1
TRADENEXT SECURITIES LTD 11 1
JAYPEE CAPITAL SERVICES LTD 4 2
IDBI BANK LTD 3 3
ICICI SECURITIES PRIMARY DEALERSHIP LTD 1 5
BHARAT RASAYAN FINANCE LTD 1 1
AXIS BANK LTD 1 1
WADHWA SECURITIES LTD 1 1

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