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Top 20 Share Brokers in India 2015

Top Share Brokers in India 2015 (Top 20 Stock Brokers)

A real list of top stock brokers in India 2015 by number of active clients in 2015. 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 2015

Top 20 Share Brokers in India 2015

Rank Broker Active Clients Request Callback Review Compare
ProStocks - Open Online Account ProStocks Review
1Aditya Birla Money39,497Aditya Birla Money Review
2Anand Rathi58,264Open Account Anand Rathi Review
3Angel One170,808Open Account Angel One Review
4AxisDirect184,325AxisDirect Review
5Bonanza33,606Bonanza Review
6Dhani Stocks38,553Dhani Stocks Review
7Geojit177,397Geojit Review
8HDFC Securities408,059HDFC Securities Review
9ICICIdirect560,438Open Account ICICIdirect Review
10IIFL Securities262,930Open Account IIFL Securities Review
11Kotak Securities246,945Open Account Kotak Securities Review
12Motilal Oswal165,844Open Account Motilal Oswal Review
13Nirmal Bang61,362Nirmal Bang Review
14Nuvama (Edelweiss)77,459Open Account Nuvama (Edelweiss) Review
15Religare120,282Religare Review
16SBI Securities125,828SBI Securities Review
17Sharekhan335,843Sharekhan Review
18SMC Global64,231SMC Global Review
19Ventura59,228Ventura Review
20Zerodha61,970Open Account Zerodha 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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