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Broker Complaints 2022-23 at NSE

Exchange:NSE
Financial Year:2022-23

List of complaints received against stock brokers at NSE in financial year 2022-23. 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 2022-23 at NSE

Broker Active Clients Complaints Complaints % Complaints History Request Callback Review
Zerodha6,604,0553120.005ComplaintsOpen Account Zerodha Review
Groww5,062,0641640.003ComplaintsGroww Review
Angel One4,232,9244850.011ComplaintsOpen Account Angel One Review
Upstox4,158,6492670.006ComplaintsOpen Account Upstox Review
ICICIdirect2,798,4553400.012ComplaintsOpen Account ICICIdirect Review
5paisa1,225,0341550.013ComplaintsOpen Account 5paisa Review
HDFC Securities1,146,9621060.009ComplaintsHDFC Securities Review
Kotak Securities1,088,6413320.03ComplaintsOpen Account Kotak Securities Review
Motilal Oswal905,3142870.032ComplaintsMotilal Oswal Review
IIFL Securities796,3132130.027ComplaintsOpen Account IIFL Securities Review
Sharekhan761,8411250.016ComplaintsOpen Account Sharekhan Review
SBI Securities635,4061610.025ComplaintsSBI Securities Review
Paytm Money615,7761700.028ComplaintsOpen Account Paytm Money Review
AxisDirect389,349640.016ComplaintsAxisDirect Review
Choice Broking270,121710.026ComplaintsChoice Broking Review
Geojit232,97170.003ComplaintsGeojit Review
Nuvama218,2061070.049ComplaintsOpen Account Nuvama Review
FNO INDIA SECURITIES PVT LTD201,94820.001
Fyers160,8401250.078ComplaintsOpen Account Fyers Review
SMC Global158,109340.022ComplaintsSMC Global Review
Religare150,991500.033ComplaintsReligare Review
Alice Blue141,686690.049ComplaintsOpen Account Alice Blue Review
Nirmal Bang132,076350.026ComplaintsNirmal Bang Review
MARWADI SHARES & FINANCE LTD122,009130.011
Ventura116,26290.008ComplaintsVentura Review
Anand Rathi107,049320.03ComplaintsOpen Account Anand Rathi Review
ESPRESSO FINANCIAL SERVICES PVT LTD.100,76730.003
FINWIZARD TECHNOLOGY PVT LTD97,03920.002
RELIANCE SECURITIES LTD92,694320.035
JAINAM BROKING LTD89,368270.03
Bajaj Financial82,992140.017ComplaintsOpen Account Bajaj Financial Review
SHAREKHAN COMTRADE PVT LTD79,35410.001
SWASTIKA INVESTMART LTD76,309610.08
MONEYLICIOUS SECURITIES PVT LTD75,76950.007
NJ INDIA INVEST PVT LTD75,66190.012
SAMCO72,049310.043ComplaintsOpen Account SAMCO Review
TRADEBULLS SECURITIES PVT LTD69,725190.027
IDBI Capital68,481270.039ComplaintsIDBI Capital Review
Aditya Birla Money66,131260.039ComplaintsAditya Birla Money Review
JM FINANCIAL SERVICES LTD63,08080.013
PROFITMART SECURITIES PVT LTD59,093350.059
MONARCH NETWORTH CAPITAL LTD56,64960.011
SHCIL SERVICES LTD55,802160.029
Master Trust53,722220.041ComplaintsMaster Trust Review
BONANZA PORTFOLIO LTD50,870210.041
GLOBE CAPITAL MARKET LTD47,688160.034
MIRAE ASSET CAPITAL MARKETS ( INDIA ) PVT LTD47,375960.203
INTEGRATED ENTERPRISES INDIA PVT LTD45,89330.007
Dhani Stocks44,984350.078ComplaintsDhani Stocks Review
ARIHANT CAPITAL MARKETS LTD42,41050.012
PRABHUDAS LILLADHER PVT LTD40,790170.042
Finvasia39,638220.056ComplaintsFinvasia Review
TradeSmart39,42540.01ComplaintsOpen Account TradeSmart Review
SURESH RATHI SECURITIES PVT LTD35,23410.003
Yes Securities34,76890.026ComplaintsYes Securities Review
GOODWILL WEALTH MANAGEMENT PVT LTD34,121230.067
SHRI PARASRAM HOLDINGS PVT LTD32,77040.012
SHAH INVESTORS HOME LTD32,18710.003
LKP SECURITIES LTD29,810120.04
SHRIRAM INSIGHT SHARE BROKERS LTD28,29460.021
WAY2WEALTH BROKERS PVT LTD25,83480.031
ECONO BROKING PVT LTD24,66810.004
EUREKA STOCK & SHARE BROKING SERVICES LTD24,12410.004
MONEYWISE FINVEST LTD23,86140.017
CANARA BANK SECURITIES LTD22,18220.009
SAS Online22,16490.041ComplaintsOpen Account SAS Online Review
KIFS TRADE CAPITAL PVT LTD21,20430.014
LAKSHMISHREE INVESTMENT & SECURITIES PVT LTD20,96130.014
ASHIKA STOCK BROKING LTD19,75220.01
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD19,47240.021
ASTHA CREDIT & SECURITIES PVT LTD18,25560.033
ACUMEN CAPITAL MARKET INDIA LTD16,36280.049
ALANKIT IMAGINATIONS LTD16,31840.025
ZEBU SHARE & WEALTH MANAGEMENTS PVT LTD16,171160.099
STEEL CITY SECURITIES LTD15,88130.019
CHOLAMANDALAM SECURITIES LTD15,62520.013
ARHAM SHARE CONSULTANTS PVT LTD15,16310.007
Trustline14,44220.014ComplaintsTrustline Review
Tradeplus14,12290.064ComplaintsOpen Account Tradeplus Review
ANS PVT LTD14,08510.007
BOB CAPITAL MARKETS LTD13,57890.066
BGSE FINANCIALS LTD13,45210.007
SYKES & RAY EQUITIES INDIA LTD12,09720.017
ISS ENTERPRISE LTD12,07410.008
INDBANK MERCHANT BANKING SERVICES LTD11,78710.008
FORTUNE CAPITAL SERVICES PVT LTD11,45470.061
BP EQUITIES PVT LTD11,31030.027
BHANSALI VALUE CREATIONS PVT LTD11,27860.053
ZEN SECURITIES LTD11,11210.009
KUNVARJI FINSTOCK PVT LTD10,78210.009
B N RATHI SECURITIES LTD10,53510.009
PUNE E STOCK BROKING LTD10,32610.01
WEALTH INDIA FINANCIAL SERVICES PVT LTD10,16710.01
ADROIT FINANCIAL SERVICES PVT LTD10,07520.02
GEPL CAPITAL PVT LTD9,62510.01
SSJ FINANCE & SECURITIES PVT LTD8,87320.023
INDIRA SECURITIES PVT LTD8,67230.035
R K GLOBAL SHARES & SECURITIES LTD8,53060.07
JOINDRE CAPITAL SERVICES LTD8,28910.012
TRADEJINI FINANCIAL SERVICES PVT LTD8,25940.048
SHREE BAHUBALI STOCK BROKING LTD8,25430.036
MANSUKH SECURITIES & FINANCE LTD8,12420.025
SUNIDHI SECURITIES & FINANCE LTD7,64710.013
KRCHOKSEY SHARES & SECURITIES PVT LTD7,53620.027
STANDARD CHARTERED SECURITIES INDIA LTD7,51830.04
MANGAL KESHAV FINANCIAL SERVICES LLP7,20820.028
RIKHAV SECURITIES LTD6,34710.016
IFCI FINANCIAL SERVICES LTD6,31320.032
SMIFS LTD6,14710.016
SPFL SECURITIES LTD6,08040.066
Prostocks6,05540.066ComplaintsOpen Account Prostocks Review
A C AGARWAL SHARE BROKERS PVT LTD5,95120.034
PATEL WEALTH ADVISORS PVT LTD5,87810.017
MARFATIA STOCK BROKING PVT LTD5,66710.018
MANASHVI SECURITIES LTD5,58210.018
ITI SECURITIES BROKING LTD5,21310.019
ELITE WEALTH LTD5,06220.04
VERTEX SECURITIES LTD5,05310.02
GANGANAGAR COMMODITY LTD5,02410.02
ASHLAR SECURITIES PVT LTD4,76060.126
INDIA ADVANTAGE SECURITIES PVT LTD4,60110.022
INDUS PORTFOLIO PVT LTD4,58510.022
SUNFLOWER BROKING PVT LTD4,39810.023
RMoney4,13370.169ComplaintsRMoney Review
CONSORTIUM SECURITIES PVT LTD3,99120.05
PEERLESS SECURITIES LTD3,97440.101
COCHIN STOCK BROKERS LTD3,93110.025
HINDUSTAN TRADECOM PVT LTD3,66610.027
MUTHOOT SECURITIES LTD3,50510.029
DEALMONEY SECURITIES PVT LTD3,14850.159
KANTILAL CHHAGANLAL SECURITIES PVT LTD3,06440.131
HSB SECURITIES & EQUITIES LTD2,75820.073
JYOTI PORTFOLIO PVT LTD2,67530.112
KEDIA CAPITAL SERVICES PVT LTD2,60810.038
INTEGRATED MASTER SECURITIES PVT LTD2,47810.04
FRR SHARES & SECURITIES LTD2,37310.042
ESCORTS SECURITIES LTD2,23030.135
JULIUS BAER WEALTH ADVISORS INDIA PVT LTD2,13410.047
ALMONDZ GLOBAL SECURITIES LTD2,12910.047
SHREEYAM SECURITIES LTD2,08930.144
COMPOSITE INVESTMENTS PVT LTD2,07610.048
COMPETENT FINMAN PVT LTD1,93810.052
AMBALAL SHARES & STOCKS PVT LTD1,93610.052
MANDOT SECURITIES PVT LTD1,86760.321
UAE EXCHANGE & FINANCE LTD1,82510.055
CIL SECURITIES LTD1,73510.058
ABHIPRA CAPITAL LTD1,67650.298
MLB CAPITAL PVT LTD1,60010.063
FAIR INTERMEDIATE INVESTMENTS PVT LTD1,58410.063
NDA SECURITIES LTD1,57210.064
COMFORT SECURITIES LTD1,55220.129
TRADEWELL SECURITIES LTD1,54010.065
FARSIGHT SECURITIES LTD1,49510.067
PEE AAR SECURITIES LTD1,46310.068
GOGIA CAPITAL SERVICES LTD1,38810.072
STANDARD SECURITIES & INVESTMENT INTERMEDIATES LTD1,33740.299
INTERACTIVE BROKERS INDIA PVT LTD1,24910.08
CONCUNSMART SHARES & STOCK BROKER PVT LTD1,208100.828
ANUSH SHARES & SECURITIES PVT LTD1,17610.085
NAKAMICHI SECURITIES LTD1,07130.28
PCS SECURITIES LTD1,05910.094
C.D. EQUISEARCH PVT LTD1,05510.095
KHANDWALA SECURITIES LTD98010.102
MAITRA COMMODITIES PVT LTD97610.102
EAST INDIA SECURITIES LTD95810.104
BALJIT SECURITIES PVT LTD93810.107
MAX STOCK BROKING PVT LTD93110.107
NNM SECURITIES PVT LTD80010.125
ADWEALTH STOCK BROKING PVT LTD78810.127
ACHINTYA SECURITIES PVT LTD75110.133
ACEMONEY INTERMEDIARIES PVT LTD713121.683
ABIRA SECURITIES LTD64410.155
CONSORTIUM CAPITAL PVT LTD54110.185
NUVAMA WEALTH MANAGEMENT LTD51320.39
VACHANA INVESTMENTS PVT LTD50010.2
EDELWEISS SECURITIES LTD49820.402
SUNNESS CAPITAL INDIA PVT LTD47751.048
MONEYPALM INVESTMENT SOLUTIONS PVT LTD46110.217
BERKELEY SECURITIES LTD45720.438
GREENBUCKS SECURITIES PVT LTD43410.23
QUANTUM SECURITIES PVT LTD42420.472
G S V SECURITIES PVT LTD31610.316
SANCHIT FINANCIAL & MANAGEMENT SERVICES LTD29510.339
BNP PARIBAS SECURITIES INDIA PVT LTD20010.5
ARTHA VRDDHI SECURITIES LTD1251915.2
PUMARTH CREDIT & CAPITAL LTD10565.714
FOCUS SHARES & SECURITIES PVT LTD8311.205
FINCAP PORTFOLIO LTD6146.557
MANOG SECURITIES PVT LTD5611.786
JAS-ONE SECURITIES PVT LTD5024
RAPID CAPITAL SERVICES4736.383
BMD SECURITIES LTD4412.273
DHAN STOCK & SHARE BROKERS PVT LTD4212.381
MAXGROWTH CAPITAL PVT LTD382771.053
KRISHA INCAP SERVICES PVT LTD161381.25
4A SECURITIES LTD15213.333
INDIANIVESH SHARES & SECURITIES PVT LTD8450
ZERODHA SECURITIES PVT LTD37233.333
AXIS BANK LTD11100

1 Comments

1. VR Consultanting Services   I Like It. |Report Abuse|  Link|Aug 18, 2022 8:33:39 PMReply
Acumen Capital Market and Touch is the worst Broker in India. Don't even think about to open an account with them. They are fraudulent cheaters.