Broker Complaints 2021-22 at NSE

Exchange:	NSE
Financial Year:	2021-22

List of complaints received against stock brokers at NSE in financial year 2021-22. 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.

<< FY 2020-21	2021-22	FY 2022-23 > >

Broker Complaints 2021-22 at NSE

Broker	Active Clients	Complaints	Complaints %	Complaints History	Request Callback
ZERODHA SECURITIES PVT LTD	2	26	1300
FIRST FUTURES & STOCKS PVT LTD	6	55	916.667
YES BANK LTD	1	2	200
STANDARD CHARTERED BANK	1	1	100
CANARA BANK	1	1	100
NKB SECURITIES	3	3	100
AXIS BANK LTD	1	1	100
J M GLOBAL EQUITIES PVT LTD	1	1	100
PARAS SHARE BROKERS PVT LTD	1	1	100
ICICI BANK LTD	2	1	50
SIMANDHAR BROKING LTD	5	2	40
IDFC FIRST BANK LTD	6	2	33.333
KRISHA INCAP SERVICES PVT LTD	75	21	28
ARCADIA SHARE & STOCK BROKERS PVT LTD	2,040	547	26.814
YUVRAJ SECURITIES	8	2	25
ASTITVA CAPITAL MARKET PVT LTD	4	1	25
CGS-CIMB SECURITIES INDIA PVT LTD	23	4	17.391
C. M. GOENKA STOCK BROKERS PVT LTD	1,027	169	16.456
BAJAJ SHARE & STOCK BROKERS PVT LTD	25	3	12
TRADENEXT SECURITIES LTD	60	7	11.667
SUNNESS CAPITAL INDIA PVT LTD	901	95	10.544
MAXGROWTH CAPITAL PVT LTD	35	2	5.714
JAS-ONE SECURITIES PVT LTD	59	3	5.085
ANUGRAH STOCK & BROKING PVT LTD	43	2	4.651
SKUNG TRADELINK LTD	110	5	4.545
CENTURY FINVEST PVT LTD	225	10	4.444
4A SECURITIES LTD	23	1	4.348
ESTEE ADVISORS PVT LTD	25	1	4
DHAN STOCK & SHARE BROKERS PVT LTD	37	1	2.703
ARTHA VRDDHI SECURITIES LTD	520	12	2.308
ROONGTA RISING STOCK PVT LTD	52	1	1.923
HARJIVANDAS NEMIDAS SECURITIES PVT LTD	131	2	1.527
SAMRIDHI STOCKS PVT LTD	81	1	1.235
STAMPEDE CAPITAL LTD	189	2	1.058
PENTAGON STOCK BROKERS PVT LTD	214	2	0.935
SINGLE WINDOW SECURITIES LTD	108	1	0.926
PUMARTH CREDIT & CAPITAL LTD	121	1	0.826
VIKABH SECURITIES PVT LTD	162	1	0.617
RR EQUITY BROKERS PVT LTD	345	2	0.58
G S V SECURITIES PVT LTD	347	2	0.576
UNITED SHARE BROKERS LTD	211	1	0.474
FLOURISH FINCAP PVT LTD	228	1	0.439
R.K. STOCKHOLDING PVT LTD	1,138	5	0.439
ABIRA SECURITIES LTD	812	3	0.369
SMIFS LTD	6,284	23	0.366
INTERACTIVE BROKERS INDIA PVT LTD	1,220	4	0.328
STANDARD SECURITIES & INVESTMENT INTERMEDIATES LTD	647	2	0.309
CROWN CONSULTANTS PVT LTD	362	1	0.276
COMPOSITE SECURITIES LTD	1,110	3	0.27
CITIGROUP GLOBAL MARKETS INDIA PVT LTD	370	1	0.27
ATS SHARE BROKERS PVT LTD	1,125	3	0.267
NNM SECURITIES PVT LTD	769	2	0.26
BASAN EQUITY BROKING LTD	1,321	3	0.227
ABHIPRA CAPITAL LTD	1,844	4	0.217
EDELWEISS SECURITIES LTD	510	1	0.196
Finvasia	24,293	47	0.193	Complaints
ZEBU SHARE & WEALTH MANAGEMENTS PVT LTD	18,012	34	0.189
BERKELEY SECURITIES LTD	549	1	0.182
D R SHARE & STOCK BROKERS PVT LTD	553	1	0.181
RMoney	3,956	7	0.177	Complaints
SPARK CAPITAL ADVISORS INDIA PVT LTD	1,148	2	0.174
C.D. EQUISEARCH PVT LTD	1,152	2	0.174
Dhani Stocks	58,918	100	0.17	Complaints
CONSORTIUM CAPITAL PVT LTD	618	1	0.162
JUST TRADE SECURITIES LTD	1,278	2	0.156
Fyers	124,152	191	0.154	Complaints	Open Account
ANJANEY STOCK BROKING LTD	657	1	0.152
GOGIA CAPITAL SERVICES LTD	1,360	2	0.147
ASHLAR SECURITIES PVT LTD	6,113	9	0.147
DEAL DEPOT EQUITIES	724	1	0.138
ALMONDZ GLOBAL SECURITIES LTD	2,237	3	0.134
WEALTH DISCOVERY SECURITIES PVT LTD	1,520	2	0.132
PROFITMART SECURITIES PVT LTD	70,249	93	0.132
PENTAD SECURITIES PVT LTD	764	1	0.131
NAVIA MARKETS LTD	19,934	26	0.13
VCK SHARE & STOCK BROKING SERVICES LTD	1,547	2	0.129
ACHINTYA SECURITIES PVT LTD	781	1	0.128
ESCORTS SECURITIES LTD	2,505	3	0.12
GOODWILL WEALTH MANAGEMENT PVT LTD	34,345	41	0.119
KEDIA CAPITAL SERVICES PVT LTD	2,569	3	0.117
DB (INTERNATIONAL) STOCK BROKERS LTD	3,459	4	0.116
STANDARD CHARTERED SECURITIES INDIA LTD	6,981	8	0.115
MLB CAPITAL PVT LTD	1,794	2	0.111
MSE FINANCIAL SERVICES LTD	4,525	5	0.11
BHANSALI VALUE CREATIONS PVT LTD	11,981	13	0.109
Yes Securities	28,583	29	0.101	Complaints
HSB SECURITIES & EQUITIES LTD	2,974	3	0.101
GANDHI SECURITIES & INVESTMENT PVT LTD	1,018	1	0.098
LFS BROKING PVT LTD	2,106	2	0.095
BALJIT SECURITIES PVT LTD	1,073	1	0.093
Prostocks	5,646	5	0.089	Complaints	Open Account
Nuvama (Edelweiss)	193,041	171	0.089	Complaints	Open Account
ECONO BROKING PVT LTD	26,629	23	0.086
Aditya Birla Money	68,292	58	0.085	Complaints
TRADEBULLS SECURITIES PVT LTD	72,975	62	0.085
Tradingo	70,202	58	0.083	Complaints	Open Account
NORTHEAST BROKING SERVICES LTD	2,505	2	0.08
FAST CAPITAL MARKETS LTD	1,258	1	0.079
SHRIRAM INSIGHT SHARE BROKERS LTD	28,366	22	0.078
SHILPA STOCK BROKER PVT LTD	2,623	2	0.076
RUDRA SHARES & STOCK BROKERS LTD	10,730	8	0.075
FRR SHARES & SECURITIES LTD	2,683	2	0.075
MANDOT SECURITIES PVT LTD	1,352	1	0.074
MAITRA COMMODITIES PVT LTD	1,373	1	0.073
PATERSON SECURITIES PVT LTD	1,432	1	0.07
ACUMEN CAPITAL MARKET INDIA LTD	16,586	11	0.066
AXIS CAPITAL LTD	1,547	1	0.065
PEE AAR SECURITIES LTD	1,549	1	0.065
SAS Online	21,720	14	0.064	Complaints	Open Account
RELIANCE SECURITIES LTD	107,201	68	0.063
SACHDEVA STOCKS PVT LTD	1,589	1	0.063
SAMCO	77,730	48	0.062	Complaints	Open Account
Alice Blue	149,397	90	0.06	Complaints	Open Account
IDBI Capital	66,639	39	0.059	Complaints
R K GLOBAL SHARES & SECURITIES LTD	8,742	5	0.057
SMC Global	160,010	91	0.057	Complaints
INDBANK MERCHANT BANKING SERVICES LTD	8,972	5	0.056
ASTHA CREDIT & SECURITIES PVT LTD	28,830	16	0.055
GLOBE CAPITAL MARKET LTD	47,508	26	0.055
CIL SECURITIES LTD	1,849	1	0.054
KALPATARU MULTIPLIER LTD	3,853	2	0.052
COCHIN STOCK BROKERS LTD	3,933	2	0.051
GHALLA BHANSALI STOCK BROKERS PVT LTD	2,011	1	0.05
MONEYWISE FINVEST LTD	21,792	11	0.05
PEERLESS SECURITIES LTD	3,964	2	0.05
Motilal Oswal	896,851	445	0.05	Complaints	Open Account
AMBALAL SHARES & STOCKS PVT LTD	2,031	1	0.049
CANARA BANK SECURITIES LTD	20,626	10	0.048
C D INTEGRATED SERVICES LTD	2,123	1	0.047
MOTISONS SHARES PVT LTD	2,151	1	0.046
SUNFLOWER BROKING PVT LTD	4,396	2	0.045
R.L.P. SECURITIES PVT LTD	2,243	1	0.045
BOB CAPITAL MARKETS LTD	13,810	6	0.043
Anand Rathi	104,677	45	0.043	Complaints	Open Account
FORTUNE CAPITAL SERVICES PVT LTD	6,919	3	0.043
K K SECURITIES LTD	2,323	1	0.043
VSE STOCK SERVICES LTD	4,709	2	0.042
PACE STOCK BROKING SERVICES PVT LTD	4,934	2	0.041
INDIA ADVANTAGE SECURITIES PVT LTD	5,049	2	0.04
PRITHVI FINMART PVT LTD	7,568	3	0.04
SBI Securities	635,384	250	0.039	Complaints
Master Trust	53,867	21	0.039	Complaints
TRADEJINI FINANCIAL SERVICES PVT LTD	7,613	3	0.039
Religare	165,416	64	0.039	Complaints
VOGUE COMMERCIAL COMPANY LTD	2,607	1	0.038
Sharekhan	764,250	292	0.038	Complaints
ALANKIT IMAGINATIONS LTD	18,344	7	0.038
Nirmal Bang	133,686	50	0.037	Complaints
SATCO CAPITAL MARKETS LTD	2,805	1	0.036
Angel One	3,657,550	1,302	0.036	Complaints	Open Account
SYSTEMATIX SHARES & STOCKS INDIA LTD	5,601	2	0.036
ARHAM SHARE CONSULTANTS PVT LTD	14,469	5	0.035
ITI SECURITIES BROKING LTD	5,644	2	0.035
BP EQUITIES PVT LTD	11,298	4	0.035
INVENTURE GROWTH & SECURITIES LTD	11,794	4	0.034
AJCON GLOBAL SERVICES LTD	2,904	1	0.034
INTEGRATED ENTERPRISES INDIA PVT LTD	45,913	15	0.033
ENRICH FINANCIAL SOLUTION PVT LTD	9,253	3	0.032
LAKSHMISHREE INVESTMENT & SECURITIES PVT LTD	19,034	6	0.032
SHCIL SERVICES LTD	56,011	18	0.032
IIFL Securities	1,132,766	363	0.032	Complaints	Open Account
INDIRA SECURITIES PVT LTD	9,301	3	0.032
KANTILAL CHHAGANLAL SECURITIES PVT LTD	3,128	1	0.032
SPFL SECURITIES LTD	6,187	2	0.032
SAURIN INVESTMENTS PVT LTD	3,205	1	0.031
Kotak Securities	1,256,001	393	0.031	Complaints	Open Account
SSJ FINANCE & SECURITIES PVT LTD	10,145	3	0.03
DAYCO SECURITIES PVT LTD	3,373	1	0.03
BONANZA PORTFOLIO LTD	50,601	15	0.03
RIKHAV SECURITIES LTD	6,906	2	0.029
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD	21,699	6	0.028
MUTHOOT SECURITIES LTD	3,642	1	0.027
PRABHUDAS LILLADHER PVT LTD	40,103	11	0.027
SHARE INDIA SECURITIES LTD	3,892	1	0.026
JM FINANCIAL SERVICES LTD	57,737	15	0.026
DBFS SECURITIES LTD	8,016	2	0.025
STEEL CITY SECURITIES LTD	15,695	4	0.025
WAY2WEALTH BROKERS PVT LTD	28,024	7	0.025
GANPATI SECURITIES	4,325	1	0.023
SHRI PARASRAM HOLDINGS PVT LTD	34,524	8	0.023
JOINDRE CAPITAL SERVICES LTD	8,820	2	0.023
CONSORTIUM SECURITIES PVT LTD	4,300	1	0.023
EXCLUSIVE SECURITIES LTD	4,312	1	0.023
AxisDirect	422,358	92	0.022	Complaints
HDFC Securities	1,141,264	251	0.022	Complaints
Choice Broking	253,785	57	0.022	Complaints
ASHIKA STOCK BROKING LTD	19,227	4	0.021
LKP SECURITIES LTD	32,660	7	0.021
Ventura	123,116	26	0.021	Complaints
TRADESWIFT BROKING PVT LTD	5,024	1	0.02
MARKET-HUB STOCK BROKING PVT LTD	5,015	1	0.02
LSC SECURITIES LTD	10,004	2	0.02
GEPL CAPITAL PVT LTD	10,039	2	0.02
PHILLIPCAPITAL INDIA PVT LTD	14,938	3	0.02
PRUDENT BROKING SERVICES PVT LTD	20,813	4	0.019
PUNE E STOCK BROKING PVT LTD	10,556	2	0.019
5paisa	1,754,330	324	0.018	Complaints	Open Account
ELITE WEALTH LTD	5,416	1	0.018
PUNE E STOCK BROKING LTD	10,992	2	0.018
Paytm Money	404,376	74	0.018	Complaints	Open Account
KUNVARJI FINSTOCK PVT LTD	11,177	2	0.018
SHAREWEALTH SECURITIES LTD	5,444	1	0.018
GCL SECURITIES PVT LTD	5,420	1	0.018
LATIN MANHARLAL SECURITIES PVT LTD	12,005	2	0.017
Geojit	234,546	41	0.017	Complaints
CHOLAMANDALAM SECURITIES LTD	11,623	2	0.017
WEALTHSTREET ADVISORS P LTD	5,921	1	0.017
ICICIdirect	3,031,192	477	0.016	Complaints	Open Account
SHAREKHAN COMTRADE PVT LTD	30,779	5	0.016
MEHTA EQUITIES LTD	6,445	1	0.016
WEALTH INDIA FINANCIAL SERVICES PVT LTD	12,317	2	0.016
A C AGARWAL SHARE BROKERS PVT LTD	6,220	1	0.016
SYKES & RAY EQUITIES INDIA LTD	12,483	2	0.016
COIMBATORE CAPITAL LTD	6,625	1	0.015
PATEL WEALTH ADVISORS PVT LTD	6,762	1	0.015
IFCI FINANCIAL SERVICES LTD	6,757	1	0.015
EMKAY GLOBAL FINANCIAL SERVICES LTD	13,652	2	0.015
ISS ENTERPRISE LTD	13,018	2	0.015
MONARCH NETWORTH CAPITAL LTD	58,574	9	0.015
PROGRESSIVE SHARE BROKERS PVT LTD	6,831	1	0.015
BGSE FINANCIALS LTD	13,845	2	0.014
Trustline	14,554	2	0.014	Complaints
KIFS TRADE CAPITAL PVT LTD	22,694	3	0.013
MANGAL KESHAV FINANCIAL SERVICES LLP	8,060	1	0.012
SHREE BAHUBALI STOCK BROKING LTD	8,688	1	0.012
JAINAM BROKING LTD	89,996	9	0.01
Upstox	5,215,523	502	0.01	Complaints	Open Account
HEM FINLEASE PVT LTD	20,107	2	0.01
JAINAM SHARE CONSULTANTS PVT LTD	90,587	9	0.01
TradeSmart	44,826	4	0.009	Complaints	Open Account
Zerodha	6,277,434	543	0.009	Complaints	Open Account
NJ INDIA INVEST PVT LTD	74,351	6	0.008
PRAVIN RATILAL SHARE & STOCK BROKERS LTD	12,766	1	0.008
ARIHANT CAPITAL MARKETS LTD	42,305	3	0.007
ACML CAPITAL MARKETS LTD	29,113	2	0.007
SHAH INVESTORS HOME LTD	33,926	2	0.006
MARWADI SHARES & FINANCE LTD	125,410	8	0.006
SURESH RATHI SECURITIES PVT LTD	37,014	2	0.005
SUSHIL FINANCIAL SERVICES PVT LTD	44,415	2	0.005
Bajaj Financial	75,038	3	0.004	Complaints	Open Account
Groww	3,847,955	144	0.004	Complaints
FINWIZARD TECHNOLOGY PVT LTD	141,398	5	0.004
Dhan	32,388	1	0.003	Complaints
JHAVERI SECURITIES LTD	46,011	1	0.002
FNO INDIA SECURITIES PVT LTD	262,750	3	0.001

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