Top 20 Share Brokers in India 2021

Top Share Brokers in India [[yyyy]] (Top 20 Stock Brokers)

A genuine list of top share brokers in India 2021 by the number of the active clients in 2021. Zerodha is the top most stock broker among all the brokers in India since 2019. Zerodha is followed by ICICI Bank, HDFC Bank and Sharekhan.

There are 20 top stock brokers who have over 1 lakhs of active customers. The year wise list of top stock brokers in India also provides detail about the latest number of active clients with the broker. Find the top online broker rankings 2021 below:

Top 20 Share Brokers in India 2021

Rank Broker Active Clients Request Callback Review
1Zerodha4,304,501Open Account Zerodha Review
2Upstox3,027,803Open Account Upstox Review
3Angel Broking1,979,094Open Account Angel Broking Review
4ICICI Direct1,847,989Open Account ICICI Direct Review
5Groww1,351,472Open AccountGroww Review
65paisa1,002,020Open Account 5paisa Review
7HDFC Securities970,651Open AccountHDFC Securities Review
8Kotak Securities787,723Open AccountKotak Securities Review
9Sharekhan724,674Open AccountSharekhan Review
10Motilal Oswal650,404Open AccountMotilal Oswal Review
11AxisDirect460,945Open AccountAxisDirect Review
12SBI Securities345,410Open AccountSBI Securities Review
13IIFL Securities324,853Open Account IIFL Securities Review
14Geojit215,138Open AccountGeojit Review
15Edelweiss165,052Open Account Edelweiss Review
16SMC Global144,151Open AccountSMC Global Review
17Alice Blue139,775Open Account Alice Blue Review
18Paytm Money139,099Open AccountPaytm Money Review
19Religare137,877Open AccountReligare Review
20Reliance Securities125,472Open AccountReliance Securities Review

Share brokers are authorized members of the stock exchanges (i.e. BSE, NSE). They execute trades on behalf of the customers at the exchange. There are 100's of registered stock brokers in India offering stock trading to retail customers. At high-level, the most famous stock brokers in India are categories in 2 types:

  1. Full-services brokers
  2. Discount Stock Brokers

Full-service brokers offer a wide range of services including stock trading, research and advisory and local support. Discount stock brokers are online brokers specialized only in stock and commodity trading services. They do not offer add-ons like research and advisory, PMS, wealth management and branch support.

The most popular stock brokers in the full-service category include ICICI Direct, Sharekhan, HDFC Securities, Sharekhan, Angel Broking and Axis Bank. The most famous stock brokers in discount broker category include Zerodha, 5paisa and upstox.


  • The data for this report is compiled from BSE and NSE stock exchanges.
  • The best broker ranking is updated every month.
  • Click on the broker name to read broker review.


14. SriRaj  Jul 2, 2021 19:46 I Like It. | Report Abuse Reply
which Broker Provides BracketOrder Facility.
I came to know that Zerodha & Groww is NOT PROVIDING .
Please confirm.
Vijendra kumar rathour
14.1. Vijendra kumar rathour  Jul 4, 2021 07:45 I Like It. | Report Abuse
5 paisa broker provided bracket order
14.2. Adnan  Jul 29, 2021 11:25 I Like It. | Report Abuse
sharekhan have TRADE TIGER platform which is very advance software and have facility bracket order & trailing stop loss .i
13. vivek  Jul 7, 2021 23:28 I Like It. | Report Abuse Reply
Anybody knows about Fyers broker ? I heard fyers web terminal app is very good especially it charting is very good, we can place order & keep the track through charts.
13.1. Tarun  Jul 27, 2021 06:04 I Like It. | Report Abuse
Are you interested in ipo

Opening charges Free

Use this platform life time AMC Free

Grab This Offer
Sumit vadnere
12. Sumit vadnere  Jun 15, 2021 22:27 I Like It. | Report Abuse Reply
I have my account in zerodha but now a days i have heard bad news about zerodha and upstox
is this right?
Dr Hemant
11. Dr Hemant  Feb 15, 2021 08:51 I Like It. | Report Abuse Reply
I am a investor and swing/positional trader. I am with SAS online. When I opened account few years back they were new and I was offered free demat AMC. So if I do not trade there is no expence at all. They charge only Rs 9 for any amount of transaction. There customer care is top notch. I had no problem so far. Only problem is payin- payout. They charge for it if you do it through the nest trader. IF you do it through back office no charge at all. Payin if done through bank there is no charge.
D paul
11.1. D paul  Jul 20, 2021 14:48 I Like It. | Report Abuse
I m interested plz txt me
pranay mahajan
10. pranay mahajan  Jul 17, 2021 04:34 I Like It. | Report Abuse Reply
with with broker we can buy banknifty 1000points away call or put?
9. rigchok  Jul 7, 2021 19:54 I Like It. | Report Abuse Reply
hey guys.i am new in this field.can you recommend me some good stock broker.
Yadnesh Salvi
8. Yadnesh Salvi  Jun 28, 2021 20:58 I Like It. | Report Abuse Reply
How about InteractiveTraders are they good for Indian markets also? Heard they are good for the US markets.
7. Harpreet  Mar 1, 2021 22:16 I Like It. | Report Abuse Reply
Groww is worst in term of support... They just don't care about customer thr prime target is to sell services if you face issue they won't help.
My funds are stuck from past 6 months because they entered wrong pan in mutual funds. Now, they aren't helping.
7.1. Krishna  May 26, 2021 02:04 I Like It. | Report Abuse
Put case in consumer court... I also facing problem in groww I am going to put case
7.2. DEVARAJ  Jun 24, 2021 16:44 I Like It. | Report Abuse
I fixed my target price when the target price has come groww don"t sell my shares so that day i lost 1320rs in tintraday
Rohit Joshi
6. Rohit Joshi  Jun 6, 2021 16:48 I Like It. | Report Abuse Reply
Thanks, for sharing this useful article, I appreciate you for this informative article, it's very helpful for beginners.      
pran jadhav
5. pran jadhav  May 22, 2021 10:11 I Like It. | Report Abuse Reply
IIFL Securities is one of India's premier and independent full-service brokers. The company is a retail and institutional broking house along with being a leading investment advisory firm. It provides diversified investment products to retail investors, corporates, institutional investors, foreign portfolio investors, etc. It has served over 2.4 million customers to date and over 2000 branches all over the country. You can get intelligent stock recommendations and tips apart from investment assistance. Currently, you can open a free Demat account with IIFL securities and there are no account maintenance charges for the first year. These services truly make IIFL Securities the best share broker.
Tejas Trivedi
4. Tejas Trivedi  Mar 17, 2021 10:19 I Like It. | Report Abuse Reply
What about NJ India?

Is that good?
4.1. Team  May 12, 2021 12:14 I Like It. | Report Abuse
Sorry, we have not reviewed NJ India yet. They have around 50,000 customers and don't rank amount the top 20 brokers.
Shivam Gola
3. Shivam Gola  Mar 19, 2021 12:48 I Like It. | Report Abuse Reply
Sharekhan is best.
As my account in BOB debited but the funds not showing in my sharekhan account. Then I communicated with my broker and the very next day my sharekhan account seems to be credited.
Raju Patil
2. Raju Patil  Feb 6, 2021 18:43 I Like It. | Report Abuse Reply
Zerodha is Very Good...
keshav mandhare
1. keshav mandhare  Jan 4, 2021 07:53 I Like It. | Report Abuse Reply
Nice information sir, much appreciated


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