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Top 20 Share Brokers in India 2019

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

A genuine list of top share brokers in India 2019 by the number of the active clients in 2019. 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 2019 below:

Top 20 Share Brokers in India 2019

Rank Broker Active Clients Request Callback Review
ProStocks - Open Online Account ProStocks Review
1Zerodha1,414,376Open Account Zerodha Review
2ICICIdirect1,075,956Open Account ICICIdirect Review
3HDFC Securities720,150Open AccountHDFC Securities Review
4Upstox619,305Open Account Upstox Review
5Angel Broking576,414Open Account Angel Broking Review
6Kotak Securities571,806Open AccountKotak Securities Review
7Sharekhan549,778Open AccountSharekhan Review
85paisa434,036Open Account 5paisa Review
9Motilal Oswal377,123Open AccountMotilal Oswal Review
10AxisDirect270,462Open AccountAxisDirect Review
11SBI Securities249,924Open AccountSBI Securities Review
12IIFL Securities218,877Open Account IIFL Securities Review
13Geojit163,742Open AccountGeojit Review
14Edelweiss130,215Open Account Edelweiss Review
15Reliance Securities119,321Open AccountReliance Securities Review
16SMC Global113,513Open AccountSMC Global Review
17Religare111,652Open AccountReligare Review
18Nirmal Bang95,618Open AccountNirmal Bang Review
19Marwadi Shares86,709Open AccountMarwadi Shares Review
20Ventura74,849Open AccountVentura 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.

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.

1 Comments

1. TARAKKAD RAMAKRISHNAN KRISHNAMOORTHY  Nov 16, 2019 6:19:56 AM I Like It. | Report Abuse Reply
1)WHY CUSTOMER COMPLAINTS ARE NOT CONSIDERED, NEGLECTING THAT SHOULD BE PENALIZED.
2) DELAY IN TRANSFERRING MONEY MUST BE PENALIZED.