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![Top Share Brokers in India [[yyyy]] (Top 20 Stock Brokers)](/images/ipo/top-20-stock-brokers-in-india.jpg)
A genuine list of top share brokers in India 2012 by the number of the active clients in 2012. 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 2012 below:
| 2012 | Year 2013 > > |
|---|
| Rank | Broker | Active Clients | Request Callback | Review |
|---|---|---|---|---|
| ProStocks | - | Open Online Account |  |
|
| 1 | ICICIdirect | 2,103,212 | Open Account  | |
| 2 | HDFC Securities | 1,336,638 | Open Account | |
| 3 | Sharekhan | 1,125,128 | Open Account | |
| 4 | IIFL Securities | 1,019,778 | Open Account | |
| 5 | Religare | 803,640 | Open Account | |
| 6 | Angel Broking | 787,923 | Open Account | |
| 7 | Reliance Securities | 687,888 | Open Account | |
| 8 | Kotak Securities | 674,160 | Open Account | |
| 9 | Motilal Oswal | 621,966 | Open Account | |
| 10 | Dhani Stocks | 607,108 | Open Account | |
| 11 | Geojit | 452,945 | Open Account | |
| 12 | Anand Rathi | 296,977 | Open Account | |
| 13 | SBI Securities | 275,515 | Open Account | |
| 14 | SMC Global | 253,314 | Open Account | |
| 15 | Bonanza | 240,596 | Open Account | |
| 16 | Aditya Birla Money | 216,256 | Open Account | |
| 17 | Nirmal Bang | 149,043 | Open Account | |
| 18 | Ventura | 131,678 | Open Account | |
| 19 | Marwadi Shares | 130,338 | Open Account | |
| 20 | Sushil Financial | 122,745 | Open Account | |
| 2012 | Year 2013 > > |
|---|
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:
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.
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