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Top 20 Share Brokers in India 2013

Top Share Brokers in India 2013 (Top 20 Stock Brokers)

A real list of top stock brokers in India 2013 by number of active clients in 2013. Groww is the top stock broker among all brokers in India. Groww is followed by Zerodha, Angel One, Upstox, and ICICIdirect.

There are 20 top stock brokers who have more than 1 lakh active clients. The list of top stock brokers in India, ranked by year, also provides information about the current number of active clients with the brokers. Here is the ranking of top online brokers 2013

Top 20 Share Brokers in India 2013

Rank Broker Active Clients Request Callback Review Compare
ProStocks - Open Online Account ProStocks Review
20IDBI Capital20,610IDBI Capital Review
19Nuvama (Edelweiss)23,601Open Account Nuvama (Edelweiss) Review
18Master Trust28,596Master Trust Review
17Ventura39,904Ventura Review
16Aditya Birla Money41,531Aditya Birla Money Review
15Dhani Stocks46,314Dhani Stocks Review
14Nirmal Bang49,797Nirmal Bang Review
13Anand Rathi49,860Open Account Anand Rathi Review
12SMC Global55,627SMC Global Review
11SBI Securities68,328SBI Securities Review
10AxisDirect77,333AxisDirect Review
9Religare116,104Religare Review
8Motilal Oswal123,022Open Account Motilal Oswal Review
7Angel One140,174Open Account Angel One Review
6Geojit148,176Geojit Review
5Kotak Securities223,280Open Account Kotak Securities Review
4IIFL Securities235,241Open Account IIFL Securities Review
3Sharekhan274,777Sharekhan Review
2HDFC Securities278,706HDFC Securities Review
1ICICIdirect500,733Open Account ICICIdirect 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 One and Axis Bank. The most famous stock brokers in discount broker category include Zerodha, 5paisa and upstox.

Note:

  • 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.

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