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Broker Complaints in FY 2018-19 at NSE

Exchange:  NSE
Financial Year:  2018-19
Last Updated:  Saturday, March 16, 2019

List of complaints received against stock / commodity brokers at NSE in financial year 2018-19. 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 2018-19

Broker Name Broker Detail Number of Clients   Know more Total Complaints   Know more
ZERODHA Broker Detail... 887,267 265
ICICI SECURITIES LTD Broker Detail... 830,661 161
HDFC SECURITIES LTD Broker Detail... 668,312 87
SHAREKHAN LTD Broker Detail... 517,252 125
KOTAK SECURITIES LTD Broker Detail... 435,201 178
AXIS SECURITIES LTD Broker Detail... 421,771 24
ANGEL BROKING LTD Broker Detail... 414,831 226
MOTILAL OSWAL SECURITIES LTD Broker Detail... 322,121 187
KARVY STOCK BROKING LTD Broker Detail... 268,272 241
IIFL SECURITIES LTD Broker Detail... 221,753 133
SBICAP SECURITIES LTD Broker Detail... 209,567 50
GEOJIT FINANCIAL SERVICES LTD Broker Detail... 163,875 32
RELIGARE BROKING LTD Broker Detail... 162,151 69
RELIANCE SECURITIES LTD Broker Detail... 121,749 91
EDELWEISS BROKING LTD Broker Detail... 120,378 95
SMC GLOBAL SECURITIES LTD Broker Detail... 107,689 43
5PAISA CAPITAL LTD Broker Detail... 101,043 96
NIRMAL BANG SECURITIES PVT LTD Broker Detail... 96,070 81
RKSV SECURITIES INDIA PVT LTD Broker Detail... 92,781 58
MARWADI SHARES & FINANCE LTD Broker Detail... 89,537 8
VENTURA SECURITIES LTD Broker Detail... 77,304 13
ANAND RATHI SHARE & STOCK BROKERS LTD Broker Detail... 75,064 45
TRADEBULLS SECURITIES PVT LTD Broker Detail... 72,679 106
JAINAM SHARE CONSULTANTS PVT LTD Broker Detail... 54,058 2
MONARCH NETWORTH CAPITAL LTD 48,784 21
INDIABULLS VENTURES LTD Broker Detail... 45,429 55
MASTER CAPITAL SERVICES LTD Broker Detail... 41,710 17
ADITYA BIRLA MONEY LTD Broker Detail... 41,090 63
IDBI CAPITAL MARKETS & SECURITIES LTD Broker Detail... 39,926 19
SAMCO SECURITIES LTD Broker Detail... 38,901 21
INTEGRATED ENTERPRISES INDIA PVT LTD 37,429 8
JM FINANCIAL SERVICES LTD Broker Detail... 37,218 13
BONANZA PORTFOLIO LTD Broker Detail... 37,193 14
JHAVERI SECURITIES LTD 35,925 2
SUSHIL FINANCIAL SERVICES PVT LTD Broker Detail... 35,727 4
SHRI PARASRAM HOLDINGS PVT LTD Broker Detail... 32,365 5
ARIHANT CAPITAL MARKETS LTD Broker Detail... 31,658 10
LKP SECURITIES LTD Broker Detail... 28,639 24
SHRIRAM INSIGHT SHARE BROKERS LTD 27,678 14
SWASTIKA INVESTMART LTD Broker Detail... 26,916 25
WAY2WEALTH BROKERS PVT LTD Broker Detail... 26,456 8
GLOBE CAPITAL MARKET LTD Broker Detail... 26,182 18
SURESH RATHI SECURITIES PVT LTD 25,790 2
BMA WEALTH CREATORS LTD 24,448 88
SHCIL SERVICES LTD 23,362 11
KIFS TRADE CAPITAL PVT LTD Broker Detail... 22,896 15
CHOICE EQUITY BROKING PVT LTD Broker Detail... 22,350 19
EUREKA STOCK & SHARE BROKING SERVICES LTD Broker Detail... 21,844 2
VNS FINANCE & CAPITAL SERVICES LTD Broker Detail... 21,722 11
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD Broker Detail... 21,682 5
PRABHUDAS LILLADHER PVT LTD Broker Detail... 20,179 3
ASE CAPITAL MARKETS LTD Broker Detail... 19,205 1
PRUDENT BROKING SERVICES PVT LTD 19,014 11
ALANKIT ASSIGNMENTS LTD Broker Detail... 16,719 3
EMKAY GLOBAL FINANCIAL SERVICES LTD Broker Detail... 15,787 4
GOLDMINE STOCKS PVT LTD Broker Detail... 15,510 2
ARCADIA SHARE & STOCK BROKERS PVT LTD Broker Detail... 15,429 1
NJ INDIA INVEST PVT LTD 15,116 3
ASHIKA STOCK BROKING LTD Broker Detail... 15,004 3
INDIANIVESH SECURITIES LTD 14,720 3
ZEN SECURITIES LTD 14,003 1
ISE SECURITIES & SERVICES LTD Broker Detail... 13,213 3
NARNOLIA FINANCIAL ADVISORS LTD 12,787 7
PHILLIPCAPITAL INDIA PVT LTD Broker Detail... 12,699 3
SS CORPORATE SECURITIES LTD Broker Detail... 12,525 1
SOUTH ASIAN STOCKS LTD Broker Detail... 12,445 11
PROFITMART SECURITIES PVT LTD 12,354 16
BANSAL FINSTOCK PVT LTD Broker Detail... 12,325 8
RATNAKAR SECURITIES PVT LTD Broker Detail... 11,883 1
PRAVIN RATILAL SHARE & STOCK BROKERS LTD 11,852 1
INDITRADE CAPITAL LTD 11,575 8
FAIRWEALTH SECURITIES LTD 11,554 6
TRUSTLINE SECURITIES LTD Broker Detail... 11,461 11
DEALMONEY SECURITIES PVT LTD 11,376 62
BGSE FINANCIALS LTD Broker Detail... 11,154 2
YES SECURITIES INDIA LTD Broker Detail... 10,928 9
PCS SECURITIES LTD 10,365 2
ADROIT FINANCIAL SERVICES PVT LTD 10,052 1
KUNVARJI FINSTOCK PVT LTD 9,831 5
NINE STAR BROKING PVT LTD 9,469 3
CANARA BANK SECURITIES LTD 9,426 1
GOODWILL WEALTH MANAGEMENT PVT LTD 9,362 5
BP EQUITIES PVT LTD Broker Detail... 9,239 2
NAVIA MARKETS LTD Broker Detail... 8,997 22
SHREE BAHUBALI INTERNATIONAL LTD 8,813 5
R K GLOBAL SHARES & SECURITIES LTD Broker Detail... 8,697 6
MAVERICK SHARE BROKERS PVT LTD 8,472 1
ANUGRAH STOCK & BROKING PVT LTD Broker Detail... 8,377 1
MANGAL KESHAV FINANCIAL SERVICES LLP Broker Detail... 8,207 6
DBFS SECURITIES LTD 8,050 3
VRISE SECURITIES PVT LTD 8,013 27
BHANSALI VALUE CREATIONS PVT LTD 8,001 4
ASTHA CREDIT & SECURITIES PVT LTD 7,877 3
KISAN RATILAL CHOKSEY SHARES & SECURITIES PRIVATE LIMTIED 7,761 1
JK SECURITIES PVT LTD 7,756 1
MANSUKH SECURITIES & FINANCE LTD 7,711 2
GEPL CAPITAL PVT LTD 7,582 1
ARHAM SHARE CONSULTANTS PVT LTD 7,462 6
B N RATHI SECURITIES LTD 7,444 1
INVENTURE GROWTH & SECURITIES LTD Broker Detail... 7,366 1
MPSE SECURITIES LTD 7,194 5
JOINDRE CAPITAL SERVICES LTD Broker Detail... 7,054 2
SAFAL CAPITAL INDIA LTD 6,793 14
INDIRA SECURITIES PVT LTD Broker Detail... 6,742 4
INTIME EQUITIES LTD 6,715 7
GUINESS SECURITIES LTD 6,586 1327
SUNIDHI SECURITIES & FINANCE LTD Broker Detail... 6,535 1
ALICE BLUE FIN SVCS P LTD 6,513 7
STANDARD CHARTERED SECURITIES INDIA LTD 6,412 9
ZEBU SHARE & WEALTH MANAGEMENTS PVT LTD 6,311 16
CHOLAMANDALAM SECURITIES LTD 6,150 2
ACUMEN CAPITAL MARKET INDIA LTD 6,059 4
LAKSHMISHREE INVESTMENT & SECURITIES PVT LTD 6,003 1
IFCI FINANCIAL SERVICES LTD 5,994 3
PATEL WEALTH ADVISORS PVT LTD 5,882 1
COIMBATORE CAPITAL LTD 5,814 2
R WADIWALA SECURITIES PVT LTD 5,572 1
HEDGE EQUITIES LTD 5,406 2
CELEBRUS CAPITAL LTD 5,230 3
PACE STOCK BROKING SERVICES PVT LTD Broker Detail... 5,137 4
ASHLAR SECURITIES PVT LTD Broker Detail... 5,038 14
ALICE BLUE FINANCIAL SERVICES PVT LTD Broker Detail... 4,932 5
TRADEJINI FINANCIAL SERVICES PVT LTD Broker Detail... 4,923 1
SYSTEMATIX SHARES & STOCKS INDIA LTD Broker Detail... 4,890 2
FORTUNE CAPITAL SERVICES PVT LTD 4,844 6
MARFATIA STOCK BROKING PVT LTD Broker Detail... 4,841 1
FYERS SECURITIES Broker Detail... 4,805 4
INDIA ADVANTAGE SECURITIES PVT LTD 4,803 2
INDUS PORTFOLIO PVT LTD Broker Detail... 4,687 3
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD 4,510 3
CONSORTIUM SECURITIES PVT LTD 4,458 2
GCL SECURITIES PVT LTD 4,047 2
BASAN EQUITY BROKING LTD 3,915 31
MANUBHAI MANGALDAS SECURITIES PVT LTD Broker Detail... 3,776 1
ZUARI FINSERV PVT LTD 3,771 2
VERTEX SECURITIES LTD 3,716 2
PEERLESS SECURITIES LTD Broker Detail... 3,609 3
A C AGARWAL SHARE BROKERS PVT LTD 3,587 1
PRABHAT FINANCIAL SERVICES LTD 3,497 1
EXCLUSIVE SECURITIES LTD 3,484 5
FINVASIA SECURITIES PVT LTD Broker Detail... 3,335 4
STEWART & MACKERTICH WEALTH MANAGEMENT LTD 3,260 3
QUANTUM GLOBAL SECURITIES LTD 3,209 20
GANPATI SECURITIES 3,198 1
SATCO CAPITAL MARKETS LTD Broker Detail... 3,084 3
KAYNET FINANCE LTD 2,969 11
FRR SHARES & SECURITIES LTD 2,962 2
SUNLIGHT BROKING LLP Broker Detail... 2,718 1
HSE SECURITIES LTD 2,668 1
INTEGRATED MASTER SECURITIES PVT LTD Broker Detail... 2,579 2
A . G. SHARES & SECURITIES LTD 2,551 1
KANTILAL CHHAGANLAL SECURITIES PVT LTD Broker Detail... 2,461 15
HSB SECURITIES & EQUITIES LTD 2,441 1
BOB CAPITAL MARKETS LTD 2,414 1
ALMONDZ GLOBAL SECURITIES LTD 2,321 2
NG RATHI INVESTRADES PRIVATED LTD 2,314 4
BHUMIKA CONSULTANCY PVT LTD Broker Detail... 2,289 1
KALPATARU MULTIPLIER LTD 2,240 1
ABHIPRA CAPITAL LTD 2,219 6
VCK SHARE & STOCK BROKING SERVICES LTD 2,204 1
SUMPOORNA PORTFOLIO LTD 2,170 5
COMPETENT FINMAN PVT LTD 2,163 1
MULTIPLEX CAPITAL LTD 2,156 2
AASMAA SECURITIES PVT LTD 2,147 2
COMFORT SECURITIES LTD 2,130 14
C.D. EQUISEARCH PVT LTD 2,073 3
AMBALAL SHARES & STOCKS PVT LTD 2,057 2
RAGHUNANDAN CAPITAL PVT LTD Broker Detail... 1,981 1
JUST TRADE SECURITIES LTD Broker Detail... 1,949 3
ATS SHARE BROKERS PVT LTD 1,892 2
MODEX INTERNATIONAL SECURITIES LTD Broker Detail... 1,885 2
FINDOC INVESTMART PVT LTD 1,841 2
FAIR INTERMEDIATE INVESTMENTS PVT LTD 1,802 1
CIL SECURITIES LTD 1,783 2
ESCORTS SECURITIES LTD 1,664 1
IIFL WEALTH MANAGEMENT LTD 1,584 2
ARTHA VRDDHI SECURITIES LTD 1,493 2
FARSIGHT SECURITIES LTD 1,493 1
COMPOSITE INVESTMENTS PVT LTD Broker Detail... 1,452 1
GOGIA CAPITAL SERVICES LTD Broker Detail... 1,431 1
PEE AAR SECURITIES LTD 1,399 1
MAHESHWARI TECHNICAL & FINANCIAL SERVICES LTD 1,239 1
ARCH FINANCE LTD 1,237 1
GROVALUE SECURITIES PVT LTD 1,233 1
FAST CAPITAL MARKETS LTD 1,211 1
ANVIL SHARE & STOCK BROKING PVT LTD 1,196 1
ACHIIEVERS EQUITIES LTD Broker Detail... 1,195 2
BALJIT SECURITIES PVT LTD 1,171 1
NARAYAN SECURITIES LTD 1,153 21
EAST INDIA SECURITIES LTD 1,151 1
WEALTH MANTRA LTD 1,142 84
R.K. STOCKHOLDING PVT LTD 1,096 2
WEALTH DISCOVERY SECURITIES PVT LTD 1,078 2
KARUNA FINANCIAL SERVICES PVT LTD 1,065 1
SKI CAPITAL SERVICES LTD 1,064 1
C. M. GOENKA STOCK BROKERS PVT LTD 1,062 2
SKUNG TRADELINK LTD 1,012 4
UNLOCK WEALTH SECURITIES LTD 1,007 1
UPSE SECURITIES LTD 1,002 1
LFS BROKING PVT LTD 989 4
J M GLOBAL EQUITIES PVT LTD 914 1
SUNNESS CAPITAL INDIA PVT LTD 914 1
KHANDWALA SECURITIES LTD 913 1
SAAKETA CONSULTANTS LTD 906 1
BERKELEY SECURITIES LTD 887 1
VACHANA INVESTMENTS PVT LTD 844 1
BEZEL STOCK BROKERS PVT LTD 841 8
MANDOT SECURITIES PVT LTD 835 1
SRI SHIRDI CAPITAL SERVICES PVT LTD 800 1
GREENBUCKS SECURITIES PVT LTD 737 1
VERACITY FINANCIAL SERVICES PVT LTD 732 1
EDELWEISS SECURITIES LTD 724 7
MAXGROWTH CAPITAL PVT LTD 688 2
WELLINDIA SECURITIES LTD 636 2
KSBL SECURITIES LTD 604 12
INTERACTIVE BROKERS INDIA PVT LTD 603 1
ACHINTYA SECURITIES PVT LTD 603 1
QUANTUM SECURITIES PVT LTD 497 1
DHWAJA SHARES & SECURITIES PVT LTD 496 4
J G SHAH FINANCIAL CONSULTANTS PVT LTD 473 1
SHRENI SHARES PVT LTD 456 1
ACTION FINANCIAL SERVICES INDIA LTD 441 1
RR EQUITY BROKERS PVT LTD 409 1
INDIAN FINANCE GUARANTY LTD 387 3
SANCHIT FINANCIAL & MANAGEMENT SERVICES LTD 369 1
PANTOMATH STOCK BROKERS PVT LTD 305 1
INDO JATALIA SECURITIES PVT LTD 296 1
OMKAM CAPITAL MARKETS PVT LTD 296 1
MONEYLICIOUS SECURITIES PVT LTD 264 5
FIRST GLOBAL STOCKBROKING PVT LTD 260 4
ALLIED FINANCIAL SERVICES PVT LTD 245 1
FICUS SECURITIES PVT LTD 244 2
UNITED CREDIT SECURITIES LTD 219 1
CAPITAL WIZARD STOCK BROKING PVT LTD 210 4
AMRAPALI CAPITAL & FINANCE SERVICES LTD Broker Detail... 192 1
ASTITVA CAPITAL MARKET PVT LTD 178 1
4A SECURITIES LTD 126 2
REFLECTION INVESTMENTS 118 1
ARJ SECURITIES PVT LTD 111 1
SUNGLOW CAPITAL SERVICES LTD 101 4
ISHTA SECURITIES 94 2
BURGEON SECURITIES 90 1
NIRMAL BANG EQUITIES PVT LTD 77 2
PREM SOMANI SHARE BROKERS PVT LTD 73 43
KRISHA INCAP SERVICES PVT LTD 70 2
A. S. STOCK BROKING & MANAGEMENT PVT LTD 61 1
RTG SHARE BROKING LTD 58 1
PUG SECURITIES PVT LTD 52 2
NKB SECURITIES 49 1
SMVD SECURITIES 43 1
DESTINY SECURITIES LTD 38 2
BAJAJ SHARE & STOCK BROKERS PVT LTD 29 2
BASANT SECURITIES PVT LTD 29 1
F6 FINSERVE PVT LTD 24 114
A.N. SECURITIES 23 2
GOLDSTREET SECURITIES LTD 20 2
GOOD FORTUNE CAPITALS PVT LTD 16 1
ANGEL SECURITIES LTD 8 6
RKG SHARE BROKERS PVT LTD 6 2
ICICI BANK LTD 4 1
FORTUNE CAPITAL SERVICES 2 2
UNION BANK OF INDIA 1 1
ADVENT STOCK BROKING PVT LTD 1 2
ICICI SECURITIES PRIMARY DEALERSHIP LTD 1 4
AMU SHARES & SECURITIES LTD 1 1

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