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Top 20 Share Brokers in India in 2019

Share brokers are members of the stock exchanges (i.e. BSE, NSE, MCX) and regulated by SEBI in India. They are authorized to execute trades on behalf of its customers which includes share market investors, traders in both retail and institutional clients.

There are 10 stock brokers in India who has over 1 lakh of clients. These top 10 share brokers in India include well known brokers like ICICI Direct, HDFC Securities and Sharekhan.

Here is the list of the best share brokers in India, the top 20 share broking companies in India.

Top 20 Share Brokers in India in 2019

Broker Company Name Number of Clients
ZerodhaZERODHA931,814
ICICIDirectICICI SECURITIES LTD855,003
HDFC SecuritiesHDFC SECURITIES LTD664,256
SharekhanSHAREKHAN LTD507,949
Kotak SecuritiesKOTAK SECURITIES LTD433,599
Angel BrokingANGEL BROKING LTD418,840
AxisDirectAXIS SECURITIES LTD410,900
Motilal OswalMOTILAL OSWAL SECURITIES LTD323,543
KarvyKARVY STOCK BROKING LTD262,842
India Infoline (IIFL)IIFL SECURITIES LTD211,561
SBI SecuritiesSBICAP SECURITIES LTD206,949
GeojitGEOJIT FINANCIAL SERVICES LTD161,313
ReligareRELIGARE BROKING LTD157,059
UpstoxRKSV SECURITIES INDIA PVT LTD131,293
EdelweissEDELWEISS BROKING LTD121,672
Reliance SecuritiesRELIANCE SECURITIES LTD120,292
5paisa5PAISA CAPITAL LTD110,688
SMC GlobalSMC GLOBAL SECURITIES LTD106,129
Nirmal BangNIRMAL BANG SECURITIES PVT LTD93,787
VenturaVENTURA SECURITIES LTD75,598



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