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Broker Complaints 2016-17 at NSE

Exchange:NSE
Financial Year:2016-17

List of complaints received against stock brokers at NSE in financial year 2016-17. 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.

Broker Complaints 2016-17 at NSE

Broker Active Clients Complaints Complaints History Request Callback Review
ICICIdirect618,359132ComplaintsOpen Account ICICIdirect Review
HDFC Securities483,24495ComplaintsHDFC Securities Review
Sharekhan366,468104ComplaintsOpen Account Sharekhan Review
Kotak Securities273,895123ComplaintsKotak Securities Review
AxisDirect259,00632ComplaintsAxisDirect Review
Angel One230,194328ComplaintsOpen Account Angel One Review
Motilal Oswal207,194119ComplaintsMotilal Oswal Review
IIFL Securities197,996220ComplaintsOpen Account IIFL Securities Review
KARVY STOCK BROKING LTD181,384150
SBI Securities169,34588ComplaintsSBI Securities Review
Zerodha165,58699ComplaintsOpen Account Zerodha Review
Geojit160,31732ComplaintsGeojit Review
Religare120,75883ComplaintsReligare Review
RELIANCE SECURITIES LTD83,43075
Edelweiss74,631100ComplaintsOpen Account Edelweiss Review
SMC Global74,22755ComplaintsSMC Global Review
Nirmal Bang72,79591ComplaintsNirmal Bang Review
Ventura68,51946ComplaintsVentura Review
Anand Rathi64,45144ComplaintsOpen Account Anand Rathi Review
MARWADI SHARES & FINANCE LTD53,7127
MONARCH NETWORTH CAPITAL LTD45,55532
Tradebulls41,81083ComplaintsTradebulls Review
Aditya Birla Money40,31657ComplaintsAditya Birla Money Review
Dhani Stocks39,48557ComplaintsDhani Stocks Review
Bonanza37,11521ComplaintsBonanza Review
Master Trust34,62332ComplaintsMaster Trust Review
INTEGRATED ENTERPRISES INDIA LTD34,32814
JAINAM SHARE CONSULTANTS PVT LTD32,0923
JM FINANCIAL SERVICES LTD32,0327
SHRIRAM INSIGHT SHARE BROKERS LTD30,83018
BMA WEALTH CREATORS LTD28,988151
SHRI PARASRAM HOLDINGS PVT LTD28,6602
SUSHIL FINANCIAL SERVICES PVT LTD27,1967
INDITRADE CAPITAL LTD26,66914
JHAVERI SECURITIES LTD26,0113
IDBI Capital24,99112ComplaintsIDBI Capital Review
WAY2WEALTH BROKERS PVT LTD23,4663
ARIHANT CAPITAL MARKETS LTD22,7771
LKP SECURITIES LTD22,67143
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD21,3484
GLOBE CAPITAL MARKET LTD20,99049
EUREKA STOCK & SHARE BROKING SERVICES LTD19,8491
SAMCO18,17619ComplaintsOpen Account SAMCO Review
SWASTIKA INVESTMART LTD17,46731
Upstox17,22921ComplaintsOpen Account Upstox Review
SURESH RATHI SECURITIES PVT LTD17,0922
ALANKIT ASSIGNMENTS LTD17,05510
KIFS TRADE CAPITAL PVT LTD15,6263
ASE CAPITAL MARKETS LTD14,9862
EMKAY GLOBAL FINANCIAL SERVICES LTD14,5899
ASHIKA STOCK BROKING LTD14,5434
PRABHUDAS LILLADHER PVT LTD14,1755
STEEL CITY SECURITIES LTD13,6085
ISE SECURITIES & SERVICES LTD13,0836
ARCADIA SHARE & STOCK BROKERS PVT LTD13,0349
SHCIL SERVICES LTD12,2998
GOLDMINE STOCKS PVT LTD12,0582
TradeSmart11,9956ComplaintsOpen Account TradeSmart Review
PRUDENT BROKING SERVICES PVT LTD11,77212
Trustline11,41415ComplaintsTrustline Review
BGSE FINANCIALS LTD10,8982
PRAVIN RATILAL SHARE & STOCK BROKERS LTD10,8871
PHILLIPCAPITAL INDIA PVT LTD10,69710
DBFS SECURITIES LTD10,2395
SS CORPORATE SECURITIES LTD10,0786
INDIANIVESH SECURITIES LTD10,05816
PCS SECURITIES LTD9,9091
Yes Securities9,6349ComplaintsYes Securities Review
FAIRWEALTH SECURITIES LTD9,60714
SAS Online9,3845ComplaintsOpen Account SAS Online Review
R K GLOBAL SHARES & SECURITIES LTD9,3465
ADROIT FINANCIAL SERVICES PVT LTD9,0056
RATNAKAR SECURITIES PVT LTD8,8672
SSJ FINANCE & SECURITIES PVT LTD8,6247
SHREE BAHUBALI INTERNATIONAL LTD8,5603
INTIME EQUITIES LTD8,36813
GUINESS SECURITIES LTD8,3216
BANSAL FINSTOCK PVT LTD8,29113
STANDARD CHARTERED SECURITIES INDIA LTD8,0468
LSE SECURITIES LTD7,7532
MANGAL KESHAV SECURITIES LTD7,7133
PACE STOCK BROKING SERVICES PVT LTD7,6365
LATIN MANHARLAL SECURITIES PVT LTD7,6191
MANSUKH SECURITIES & FINANCE LTD7,5933
HEDGE EQUITIES LTD7,5431
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD7,37541
KISAN RATILAL CHOKSEY SHARES & SECURITIES PRIVATE LIMTIED7,3361
KUNVARJI FINSTOCK PVT LTD7,3061
CAPSTOCKS & SECURITIES INDIA PVT LTD7,2521
MUTHOOT SECURITIES LTD7,1491
B N RATHI SECURITIES LTD7,0051
BP EQUITIES PVT LTD6,8981
SYKES & RAY EQUITIES INDIA LTD6,8481
DESTIMONEY SECURITIES PVT LTD6,80516
Choice Broking6,52015ComplaintsChoice Broking Review
MICROSEC CAPITAL LTD6,3444
INDBANK MERCHANT BANKING SERVICES LTD6,0961
ANUGRAH STOCK & BROKING PVT LTD5,8801
SUNIDHI SECURITIES & FINANCE LTD5,8091
CONSORTIUM SECURITIES PVT LTD5,7661
IFCI FINANCIAL SERVICES LTD5,7606
Tradeplus5,7526ComplaintsOpen Account Tradeplus Review
RUDRA SHARES & STOCK BROKERS LTD5,6062
SPFL SECURITIES LTD5,5991
ELITE WEALTH ADVISORS LTD5,0073
TATA SECURITIES LTD4,9798
NJ INDIA INVEST PVT LTD4,8513
C.D. EQUISEARCH PVT LTD4,73514
SYSTEMATIX SHARES & STOCKS INDIA LTD4,6834
PEERLESS SECURITIES LTD4,55412
CELEBRUS CAPITAL LTD4,5512
INVENTURE GROWTH & SECURITIES LTD4,5052
Alice Blue4,47630ComplaintsOpen Account Alice Blue Review
MPSE SECURITIES LTD4,3571
VRISE SECURITIES PVT LTD4,2539
WELLWORTH SHARE & STOCK BROKING LTD4,1412
ACUMEN CAPITAL MARKET INDIA LTD4,1305
INDUS PORTFOLIO PVT LTD4,0042
SKSE SECURITIES LTD3,9762
INDIA ADVANTAGE SECURITIES PVT LTD3,7823
SHREE KANHA STOCK BROKING PVT LTD3,7641
5paisa3,6522ComplaintsOpen Account 5paisa Review
MARFATIA STOCK BROKING PVT LTD3,5392
SAURIN INVESTMENTS PVT LTD3,5231
EXCLUSIVE SECURITIES LTD3,4491
BALANCE EQUITY BROKING INDIA PVT LTD3,4231
DYNAMIC EQUITIES PVT LTD3,2724
ZUARI INVESTMENTS LTD3,1521
ASTHA CREDIT & SECURITIES PVT LTD3,1417
SATCO CAPITAL MARKETS LTD3,0416
KAYNET FINANCE LTD3,03115
NG RATHI INVESTRADES PRIVATED LTD2,8645
DIMENSIONAL SECURITIES PVT LTD2,8622
ATS SHARE BROKERS PVT LTD2,8366
VIKSON SECURITIES PVT LTD2,8322
WEALTH MANTRA LTD2,8301
FORTUNE CAPITAL SERVICES PVT LTD2,8183
ABHIPRA CAPITAL LTD2,7572
VOGUE COMMERCIAL COMPANY LTD2,7351
SUGAL & DAMANI SHARE BROKERS LTD2,7051
INTEGRATED MASTER SECURITIES PVT LTD2,7041
HSE SECURITIES LTD2,6751
JYOTI PORTFOLIO PVT LTD2,6515
VCK SHARE & STOCK BROKING SERVICES LTD2,5911
AMBALAL SHARES & STOCKS PVT LTD2,4574
KANTILAL CHHAGANLAL SECURITIES PVT LTD2,4331
SW CAPITAL PVT LTD2,42712
JUST TRADE SECURITIES LTD2,3861
EASTERN FINANCIERS LTD2,3261
A . G. SHARES & SECURITIES LTD2,2521
Wisdom Capital2,2435ComplaintsWisdom Capital Review
A. G. SHARES & SECURITIES LTD2,2301
COMPETENT FINMAN PVT LTD2,1571
ARHAM SHARE CONSULTANTS PVT LTD2,1498
MODEX INTERNATIONAL SECURITIES LTD2,0977
NORTHEAST BROKING SERVICES LTD2,0332
MULTIPLEX CAPITAL LTD1,9384
MEHTA EQUITIES LTD1,8701
KALPATARU MULTIPLIER LTD1,8042
BALAJI EQUITIES LTD1,7871
SHARE INDIA SECURITIES LTD1,7761
ALMONDZ GLOBAL SECURITIES LTD1,7543
RMoney1,6921ComplaintsRMoney Review
CIL SECURITIES LTD1,6871
PROFITMART SECURITIES PVT LTD1,6463
F6 FINSERVE PVT LTD1,60121
GOGIA CAPITAL SERVICES LTD1,5512
COMPOSITE INVESTMENTS PVT LTD1,5151
BEELINE BROKING LTD1,5051
ACHIIEVERS EQUITIES LTD1,5034
ESCORTS SECURITIES LTD1,5023
ANKIT SECURITIES & FINANCE COMPANY PVT LTD1,5001
MOTISONS SHARES PVT LTD1,4541
PSB SECURITIES LTD1,4502
MLB CAPITAL PVT LTD1,4492
ANUSH SHARES & SECURITIES PVT LTD1,4061
GCL Securities1,3344ComplaintsGCL Securities Review
SACHDEVA STOCKS PVT LTD1,2302
KARUNA FINANCIAL SERVICES PVT LTD1,2261
AUM CAPITAL MARKET PVT LTD1,2101
VERACITY FINANCIAL SERVICES PVT LTD1,1912
FINDOC INVESTMART PVT LTD1,1766
EAST INDIA SECURITIES LTD1,1561
BERKELEY SECURITIES LTD1,1565
EDELWEISS SECURITIES LTD1,14011
SAAKETA CONSULTANTS LTD1,1342
SKUNG TRADELINK LTD1,13411
COMFORT SECURITIES LTD1,1118
BEZEL STOCK BROKERS PVT LTD1,09915
BADJATE STOCK & SHARES PVT LTD1,0933
SPA SECURITIES LTD1,0872
INDOVISION SECURITIES LTD1,0601
MAX STOCK BROKING PVT LTD1,0081
J M GLOBAL EQUITIES PVT LTD9924
MAXGROWTH CAPITAL PVT LTD9922
M3 MULTIPLE SECURITIES BROKERS PVT LTD9831
SHREE TISAI CONSULTANT PVT LTD9401
GREENBUCKS SECURITIES PVT LTD9323
AMBIT SECURITIES BROKING PVT LTD9022
NARAYAN SECURITIES LTD9001
Finvasia8942ComplaintsFinvasia Review
KRIPA SECURITIES PVT LTD8932
GROVALUE SECURITIES PVT LTD8706
LFS BROKING PVT LTD8022
URJA INVESTMENT PVT LTD7791
VEDIKA SECURITIES PVT LTD7771
ADWEALTH STOCK BROKING PVT LTD7431
TRANSWORLD SECURITIES LTD7041
VACHANA INVESTMENTS PVT LTD7035
FICUS SECURITIES PVT LTD7001
Prostocks6641ComplaintsOpen Account Prostocks Review
CPR CAPITAL SERVICES LTD6601
RR EQUITY BROKERS PVT LTD5982
RELIABLE STOCKS & SHARES INDIA LTD5712
BEST BULL STOCK TRADING5642
PRL STOCK & SHARE BROKERS PVT LTD5381
VGP PORTFOLIO5372
ACTION FINANCIAL SERVICES INDIA LTD5234
MULTIGAIN SECURITIES SERVICES PVT LTD5131
MSE FINANCIAL SERVICES LTD5101
WEALTH DISCOVERY SECURITIES PVT LTD4751
KHAMBATTA SECURITIES LTD4641
PRRSAAR4103
JADE SECURITIES PVT LTD4094
TWIN EARTH SECURITIES PVT LTD4091
INTELLECT STOCK BROKING LTD3982
DIVYA PORTFOLIO PVT LTD3982
ABIRA SECURITIES LTD3672
NNM SECURITIES PVT LTD3571
I VENTURES CAPITAL PVT LTD3382
ACHINTYA SECURITIES PVT LTD3362
RTG SHARE BROKING LTD3337
PREM SOMANI SHARE BROKERS PVT LTD3303
PROFICIENT EQUITIES PVT LTD2951
AMRAPALI CAPITAL & FINANCE SERVICES LTD2771
KEYNOTE CAPITALS LTD2531
SIC STOCKS & SERVICES PVT LTD2461
SAS BROKING PVT LTD2455
FLOURISH FINCAP PVT LTD2421
RAHUL SINGHAL PORTFOLIO2171
4A SECURITIES LTD2122
NAVJEEVAN EQUITY BROKING PVT LTD2121
TRADENEXT SECURITIES LTD1793
EXPONENTIAL FINANCIAL SERVICES PVT LTD1784
PURE BROKING PVT LTD1631
IIFL WEALTH MANAGEMENT LTD1422
SODHANI SECURITIES LTD1344
RELIGARE CAPITAL MARKETS LTD1291
OSWAL SHARES & SECURITIES LTD1271
TOTAL SECURITIES LTD1261
SAMRIDHI STOCKS PVT LTD1011
KRISHA INCAP SERVICES PVT LTD912
PUG SECURITIES PVT LTD852
PAN SECURITIES LTD762
B S SECURITIES741
KIMAYA SECURITIES & FINANCIAL SERVICES PVT LTD731
NIRMAL BANG EQUITIES PVT LTD631
MONEYPLEX SECURITIES PVT LTD4831
SPACE ANG INDIA CORPORATION4614
UNITY FINCAP PVT LTD431
MAUZAMPURIA SECURITIES271
SRI BHEEMESWARA SECURITIES PVT LTD127
IDBI BANK LTD71
RKG SHARE BROKERS PVT LTD62
ICICI BANK LTD31
CHINTAMANI SHARES & BROKING LTD31
EDELCAP SECURITIES LTD11
ICICI SECURITIES PRIMARY DEALERSHIP LTD15
MRC CONSULTANCY PVT LTD11
AXIS BANK LTD11
RSG SHARE & STOCK BROKERS LTD12

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