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Broker Complaints in FY 2018-19 at NSE

Exchange:  NSE
Financial Year:  2018-19
Last Updated:  Thursday, January 10, 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... 847,016 230
ICICI SECURITIES LTD Broker Detail... 844,853 145
HDFC SECURITIES LTD Broker Detail... 674,495 78
SHAREKHAN LTD Broker Detail... 548,873 104
AXIS SECURITIES LTD Broker Detail... 416,707 19
ANGEL BROKING LTD Broker Detail... 415,572 195
KOTAK SECURITIES LTD Broker Detail... 409,619 151
MOTILAL OSWAL SECURITIES LTD Broker Detail... 328,145 157
KARVY STOCK BROKING LTD Broker Detail... 270,521 203
IIFL SECURITIES LTD Broker Detail... 232,344 122
SBICAP SECURITIES LTD Broker Detail... 210,073 45
GEOJIT FINANCIAL SERVICES LTD Broker Detail... 173,731 26
RELIGARE BROKING LTD Broker Detail... 163,802 59
EDELWEISS BROKING LTD Broker Detail... 122,029 79
RELIANCE SECURITIES LTD Broker Detail... 116,880 75
SMC GLOBAL SECURITIES LTD Broker Detail... 110,015 41
NIRMAL BANG SECURITIES PVT LTD Broker Detail... 98,337 67
MARWADI SHARES & FINANCE LTD Broker Detail... 92,268 8
5PAISA CAPITAL LTD Broker Detail... 89,996 75
VENTURA SECURITIES LTD Broker Detail... 81,693 11
RKSV SECURITIES INDIA PVT LTD Broker Detail... 81,166 52
ANAND RATHI SHARE & STOCK BROKERS LTD Broker Detail... 77,133 39
TRADEBULLS SECURITIES PVT LTD Broker Detail... 75,196 86
JAINAM SHARE CONSULTANTS PVT LTD Broker Detail... 55,425 2
MONARCH NETWORTH CAPITAL LTD 51,722 20
INDIABULLS VENTURES LTD Broker Detail... 47,342 47
MASTER CAPITAL SERVICES LTD Broker Detail... 44,043 14
ADITYA BIRLA MONEY LTD Broker Detail... 43,485 58
BONANZA PORTFOLIO LTD Broker Detail... 39,923 12
SAMCO SECURITIES LTD Broker Detail... 38,849 19
INTEGRATED ENTERPRISES INDIA PVT LTD 38,606 6
IDBI CAPITAL MARKETS & SECURITIES LTD Broker Detail... 38,563 15
JM FINANCIAL SERVICES LTD Broker Detail... 38,480 12
SUSHIL FINANCIAL SERVICES PVT LTD Broker Detail... 37,667 4
JHAVERI SECURITIES LTD 37,167 2
SHRI PARASRAM HOLDINGS PVT LTD Broker Detail... 34,083 5
ARIHANT CAPITAL MARKETS LTD Broker Detail... 32,950 8
LKP SECURITIES LTD Broker Detail... 29,765 22
SHRIRAM INSIGHT SHARE BROKERS LTD 29,124 12
WAY2WEALTH BROKERS PVT LTD Broker Detail... 27,892 6
SURESH RATHI SECURITIES PVT LTD 27,283 2
SWASTIKA INVESTMART LTD Broker Detail... 27,180 20
BMA WEALTH CREATORS LTD 26,233 83
GLOBE CAPITAL MARKET LTD Broker Detail... 25,421 16
KIFS TRADE CAPITAL PVT LTD Broker Detail... 24,031 13
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD Broker Detail... 23,661 5
SHCIL SERVICES LTD 23,354 9
EUREKA STOCK & SHARE BROKING SERVICES LTD Broker Detail... 22,904 1
VNS FINANCE & CAPITAL SERVICES LTD Broker Detail... 22,091 10
PRABHUDAS LILLADHER PVT LTD Broker Detail... 20,879 3
ASE CAPITAL MARKETS LTD Broker Detail... 19,699 1
PRUDENT BROKING SERVICES PVT LTD 19,467 9
ALANKIT ASSIGNMENTS LTD Broker Detail... 18,876 2
CHOICE EQUITY BROKING PVT LTD Broker Detail... 18,655 19
EMKAY GLOBAL FINANCIAL SERVICES LTD Broker Detail... 16,493 4
GOLDMINE STOCKS PVT LTD Broker Detail... 16,316 2
ARCADIA SHARE & STOCK BROKERS PVT LTD Broker Detail... 16,229 1
ASHIKA STOCK BROKING LTD Broker Detail... 16,002 3
NJ INDIA INVEST PVT LTD 15,636 3
ZEN SECURITIES LTD 15,368 1
INDIANIVESH SECURITIES LTD 15,332 3
ISE SECURITIES & SERVICES LTD Broker Detail... 14,127 3
PHILLIPCAPITAL INDIA PVT LTD Broker Detail... 13,209 2
INDITRADE CAPITAL LTD 13,085 7
NARNOLIA FINANCIAL ADVISORS LTD 12,917 5
SS CORPORATE SECURITIES LTD Broker Detail... 12,725 1
BANSAL FINSTOCK PVT LTD Broker Detail... 12,715 7
SOUTH ASIAN STOCKS LTD Broker Detail... 12,637 11
PRAVIN RATILAL SHARE & STOCK BROKERS LTD 12,407 1
RATNAKAR SECURITIES PVT LTD Broker Detail... 12,340 1
TRUSTLINE SECURITIES LTD Broker Detail... 12,183 9
BGSE FINANCIALS LTD Broker Detail... 11,864 2
FAIRWEALTH SECURITIES LTD 11,839 6
PROFITMART SECURITIES PVT LTD 11,497 12
YES SECURITIES INDIA LTD 11,175 7
DEALMONEY SECURITIES PVT LTD 10,915 54
PCS SECURITIES LTD 10,914 2
ADROIT FINANCIAL SERVICES PVT LTD 10,676 1
KUNVARJI FINSTOCK PVT LTD 10,552 5
CANARA BANK SECURITIES LTD 9,830 1
BP EQUITIES PVT LTD Broker Detail... 9,529 2
R K GLOBAL SHARES & SECURITIES LTD Broker Detail... 9,236 6
SHREE BAHUBALI INTERNATIONAL LTD 9,201 5
NAVIA MARKETS LTD Broker Detail... 8,898 19
MAVERICK SHARE BROKERS PVT LTD 8,897 1
MANGAL KESHAV FINANCIAL SERVICES LLP Broker Detail... 8,704 6
ANUGRAH STOCK & BROKING PVT LTD Broker Detail... 8,635 1
GOODWILL WEALTH MANAGEMENT PVT LTD 8,599 5
DBFS SECURITIES LTD 8,553 3
KISAN RATILAL CHOKSEY SHARES & SECURITIES PRIVATE LIMTIED 8,202 1
VRISE SECURITIES PVT LTD 8,182 25
BHANSALI VALUE CREATIONS PVT LTD 8,010 4
GEPL CAPITAL PVT LTD 7,881 1
B N RATHI SECURITIES LTD 7,844 1
ARHAM SHARE CONSULTANTS PVT LTD 7,716 5
JOINDRE CAPITAL SERVICES LTD Broker Detail... 7,622 2
GUINESS SECURITIES LTD 7,506 518
ASTHA CREDIT & SECURITIES PVT LTD 7,217 2
INTIME EQUITIES LTD 7,212 5
MPSE SECURITIES LTD 7,194 5
INDIRA SECURITIES PVT LTD Broker Detail... 7,119 4
SAFAL CAPITAL INDIA LTD 7,028 14
SUNIDHI SECURITIES & FINANCE LTD Broker Detail... 6,986 1
STANDARD CHARTERED SECURITIES INDIA LTD 6,818 7
CHOLAMANDALAM SECURITIES LTD 6,452 2
IFCI FINANCIAL SERVICES LTD 6,225 3
LAKSHMISHREE INVESTMENT & SECURITIES PVT LTD 6,157 1
COIMBATORE CAPITAL LTD 6,134 2
ZEBU SHARE & WEALTH MANAGEMENTS PVT LTD 6,025 14
PATEL WEALTH ADVISORS PVT LTD 5,967 1
R WADIWALA SECURITIES PVT LTD 5,936 1
PACE STOCK BROKING SERVICES PVT LTD Broker Detail... 5,899 2
CELEBRUS CAPITAL LTD 5,809 3
HEDGE EQUITIES LTD 5,556 2
SYSTEMATIX SHARES & STOCKS INDIA LTD Broker Detail... 5,267 2
MARFATIA STOCK BROKING PVT LTD Broker Detail... 5,054 1
INDIA ADVANTAGE SECURITIES PVT LTD 5,051 1
TRADEJINI FINANCIAL SERVICES PVT LTD Broker Detail... 5,013 1
ALICE BLUE FINANCIAL SERVICES PVT LTD Broker Detail... 4,932 5
INDUS PORTFOLIO PVT LTD Broker Detail... 4,911 3
ASHLAR SECURITIES PVT LTD Broker Detail... 4,802 11
CONSORTIUM SECURITIES PVT LTD 4,678 2
FORTUNE CAPITAL SERVICES PVT LTD 4,668 4
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD 4,510 3
ACUMEN CAPITAL MARKET INDIA LTD 4,331 4
GCL SECURITIES PVT LTD 4,282 1
FYERS SECURITIES Broker Detail... 3,979 4
ZUARI FINSERV PVT LTD 3,971 2
MANUBHAI MANGALDAS SECURITIES PVT LTD Broker Detail... 3,966 1
PEERLESS SECURITIES LTD Broker Detail... 3,815 3
VERTEX SECURITIES LTD 3,813 2
BASAN EQUITY BROKING LTD 3,765 24
A C AGARWAL SHARE BROKERS PVT LTD 3,728 1
PRABHAT FINANCIAL SERVICES LTD 3,720 1
EXCLUSIVE SECURITIES LTD 3,718 5
SATCO CAPITAL MARKETS LTD Broker Detail... 3,270 2
STEWART & MACKERTICH WEALTH MANAGEMENT LTD 3,159 3
KAYNET FINANCE LTD 3,150 10
FRR SHARES & SECURITIES LTD 3,144 2
FINVASIA SECURITIES PVT LTD Broker Detail... 3,128 3
QUANTUM GLOBAL SECURITIES LTD 2,967 10
SUNLIGHT BROKING LLP Broker Detail... 2,807 1
INTEGRATED MASTER SECURITIES PVT LTD Broker Detail... 2,763 2
HSE SECURITIES LTD 2,668 1
A . G. SHARES & SECURITIES LTD 2,664 1
NG RATHI INVESTRADES PRIVATED LTD 2,663 3
KANTILAL CHHAGANLAL SECURITIES PVT LTD Broker Detail... 2,654 15
ABHIPRA CAPITAL LTD 2,472 5
ALMONDZ GLOBAL SECURITIES LTD 2,437 1
C.D. EQUISEARCH PVT LTD 2,385 3
VCK SHARE & STOCK BROKING SERVICES LTD 2,371 1
KALPATARU MULTIPLIER LTD 2,353 1
BHUMIKA CONSULTANCY PVT LTD Broker Detail... 2,346 1
MULTIPLEX CAPITAL LTD 2,309 2
COMPETENT FINMAN PVT LTD 2,257 1
AASMAA SECURITIES PVT LTD 2,233 2
SUMPOORNA PORTFOLIO LTD 2,225 5
COMFORT SECURITIES LTD 2,221 13
AMBALAL SHARES & STOCKS PVT LTD 2,201 2
JUST TRADE SECURITIES LTD Broker Detail... 2,177 3
ATS SHARE BROKERS PVT LTD 2,134 2
RAGHUNANDAN CAPITAL PVT LTD Broker Detail... 2,057 1
MODEX INTERNATIONAL SECURITIES LTD Broker Detail... 2,015 2
FAIR INTERMEDIATE INVESTMENTS PVT LTD 1,954 1
CIL SECURITIES LTD 1,850 2
FINDOC INVESTMART PVT LTD 1,844 1
ESCORTS SECURITIES LTD 1,728 1
FARSIGHT SECURITIES LTD 1,588 1
GOGIA CAPITAL SERVICES LTD Broker Detail... 1,554 1
IIFL WEALTH MANAGEMENT LTD 1,542 2
COMPOSITE INVESTMENTS PVT LTD Broker Detail... 1,526 1
ARTHA VRDDHI SECURITIES LTD 1,510 2
MAHESHWARI TECHNICAL & FINANCIAL SERVICES LTD 1,342 1
FAST CAPITAL MARKETS LTD 1,310 1
NARAYAN SECURITIES LTD 1,300 20
ANVIL SHARE & STOCK BROKING PVT LTD 1,287 1
GROVALUE SECURITIES PVT LTD 1,278 1
ACHIIEVERS EQUITIES LTD Broker Detail... 1,269 2
ARCH FINANCE LTD 1,251 1
R.K. STOCKHOLDING PVT LTD 1,184 2
KARUNA FINANCIAL SERVICES PVT LTD 1,157 1
WEALTH MANTRA LTD 1,142 84
SKI CAPITAL SERVICES LTD 1,132 1
C. M. GOENKA STOCK BROKERS PVT LTD 1,098 2
WEALTH DISCOVERY SECURITIES PVT LTD 1,090 1
SKUNG TRADELINK LTD 1,084 4
J M GLOBAL EQUITIES PVT LTD 1,063 1
UNLOCK WEALTH SECURITIES LTD 1,031 1
UPSE SECURITIES LTD 1,002 1
KHANDWALA SECURITIES LTD 967 1
LFS BROKING PVT LTD 964 2
SAAKETA CONSULTANTS LTD 963 1
BERKELEY SECURITIES LTD 945 1
BEZEL STOCK BROKERS PVT LTD 913 6
VACHANA INVESTMENTS PVT LTD 866 1
MANDOT SECURITIES PVT LTD 857 1
SRI SHIRDI CAPITAL SERVICES PVT LTD 842 1
GREENBUCKS SECURITIES PVT LTD 836 1
SUNNESS CAPITAL INDIA PVT LTD 830 1
VERACITY FINANCIAL SERVICES PVT LTD 786 1
WELLINDIA SECURITIES LTD 769 1
MAXGROWTH CAPITAL PVT LTD 738 1
KSBL SECURITIES LTD 727 8
EDELWEISS SECURITIES LTD 711 6
F6 FINSERVE PVT LTD 698 114
ACHINTYA SECURITIES PVT LTD 633 1
INTERACTIVE BROKERS INDIA PVT LTD 594 1
DHWAJA SHARES & SECURITIES PVT LTD 557 4
QUANTUM SECURITIES PVT LTD 519 1
J G SHAH FINANCIAL CONSULTANTS PVT LTD 478 1
RR EQUITY BROKERS PVT LTD 470 1
SANCHIT FINANCIAL & MANAGEMENT SERVICES LTD 401 1
INDO JATALIA SECURITIES PVT LTD 359 1
INDIAN FINANCE GUARANTY LTD 351 3
PANTOMATH STOCK BROKERS PVT LTD 310 1
FIRST GLOBAL STOCKBROKING PVT LTD 283 4
MONEYLICIOUS SECURITIES PVT LTD 245 5
FICUS SECURITIES PVT LTD 244 2
CAPITAL WIZARD STOCK BROKING PVT LTD 227 2
UNITED CREDIT SECURITIES LTD 220 1
AMRAPALI CAPITAL & FINANCE SERVICES LTD Broker Detail... 198 1
ASTITVA CAPITAL MARKET PVT LTD 175 1
PREM SOMANI SHARE BROKERS PVT LTD 158 43
4A SECURITIES LTD 147 2
ISHTA SECURITIES 138 2
ARJ SECURITIES PVT LTD 117 1
SUNGLOW CAPITAL SERVICES LTD 116 3
BURGEON SECURITIES 88 1
RTG SHARE BROKING LTD 85 1
NIRMAL BANG EQUITIES PVT LTD 77 2
KRISHA INCAP SERVICES PVT LTD 72 2
A. S. STOCK BROKING & MANAGEMENT PVT LTD 62 1
DESTINY SECURITIES LTD 60 2
PUG SECURITIES PVT LTD 57 2
NKB SECURITIES 55 1
SMVD SECURITIES 48 1
BAJAJ SHARE & STOCK BROKERS PVT LTD 29 1
A.N. SECURITIES 25 2
GOLDSTREET SECURITIES LTD 20 2
GOOD FORTUNE CAPITALS PVT LTD 17 1
ANGEL SECURITIES LTD 11 6
RKG SHARE BROKERS PVT LTD 6 2
ICICI BANK LTD 4 1
FORTUNE CAPITAL SERVICES 2 1
UNION BANK OF INDIA 1 1
ADVENT STOCK BROKING PVT LTD 1 2
AMU SHARES & SECURITIES LTD 1 1
ICICI SECURITIES PRIMARY DEALERSHIP LTD 1 4

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