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Top 20 Share Brokers in India 2011

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

A genuine list of top share brokers in India 2011 by the number of the active clients in 2011. Zerodha is the top most stock broker among all the brokers in India since 2019. Zerodha is followed by Upstox, Angel Broking, ICICIdirect and Groww.

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 2011 below:

Top 20 Share Brokers in India 2011

Rank Broker Active Clients Request Callback Review
ProStocks - Open Online Account ProStocks Review
1ICICIdirect1,942,014Open Account ICICIdirect Review
2HDFC Securities1,183,854Open AccountHDFC Securities Review
3Sharekhan1,033,963Open AccountSharekhan Review
4IIFL Securities953,498Open Account IIFL Securities Review
5Religare769,215Open AccountReligare Review
6Angel Broking715,612Open Account Angel Broking Review
7Reliance Securities666,168Open AccountReliance Securities Review
8Dhani Stocks622,143Open AccountDhani Stocks Review
9Kotak Securities617,855Open AccountKotak Securities Review
10Motilal Oswal592,459Open AccountMotilal Oswal Review
11Geojit412,687Open AccountGeojit Review
12Anand Rathi281,176Open AccountAnand Rathi Review
13Bonanza229,729Open AccountBonanza Review
14SMC Global228,248Open AccountSMC Global Review
15Aditya Birla Money201,235Open AccountAditya Birla Money Review
16SBI Securities189,129Open AccountSBI Securities Review
17Marwadi Shares127,959Open AccountMarwadi Shares Review
18Sushil Financial116,725Open AccountSushil Financial Review
19Ventura110,331Open AccountVentura Review
20Nirmal Bang106,440Open AccountNirmal Bang 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.


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