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Top 20 Share Brokers in India 2014

Top Share Brokers in India 2014 (Top 20 Stock Brokers)

A real list of top stock brokers in India 2014 by number of active clients in 2014. 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 2014

Top 20 Share Brokers in India 2014

Rank Broker Active Clients Request Callback Review Compare
ProStocks - Open Online Account ProStocks Review
1HDFC Securities347,555HDFC Securities Review
2Sharekhan342,592Sharekhan Review
3Geojit158,271Geojit Review
4Religare129,609Religare Review
5AxisDirect120,292AxisDirect Review
6SBI Securities113,810SBI Securities Review
7SMC Global63,148SMC Global Review
8Nirmal Bang59,283Nirmal Bang Review
9Ventura51,471Ventura Review
10Dhani Stocks47,348Dhani Stocks Review
11Aditya Birla Money42,742Aditya Birla Money Review
12Bonanza34,452Bonanza Review
13Master Trust34,161Master Trust Review
14Angel One160,354Open Account Angel One Review
15IIFL Securities286,032Open Account IIFL Securities Review
16Anand Rathi57,205Open Account Anand Rathi Review
17ICICIdirect594,714Open Account ICICIdirect Review
18Kotak Securities268,459Open Account Kotak Securities Review
19Motilal Oswal152,608Open Account Motilal Oswal Review
20Nuvama (Edelweiss)47,123Open Account Nuvama (Edelweiss) 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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