Top 20 Share Brokers in India 2022

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

A genuine list of top share brokers in India 2022 by the number of the active clients in 2022. 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 2022 below:

Top 20 Share Brokers in India 2022

Rank Broker Active Clients Request Callback Review
ProStocks - Open Online Account ProStocks Review
1Zerodha6,277,434Open Account Zerodha Review
2Upstox5,215,523Open Account Upstox Review
3Groww3,847,955Groww Review
4Angel One3,060,398Open Account Angel One Review
5ICICIdirect3,031,192Open Account ICICIdirect Review
65paisa1,754,330Open Account 5paisa Review
7Kotak Securities1,256,001Kotak Securities Review
8HDFC Securities1,141,264HDFC Securities Review
9IIFL Securities1,132,766Open Account IIFL Securities Review
10Motilal Oswal896,851Motilal Oswal Review
11Sharekhan764,250Open Account Sharekhan Review
12SBI Securities635,384SBI Securities Review
13AxisDirect422,358AxisDirect Review
14Paytm Money404,376Open Account Paytm Money Review
15Choice Broking253,785Choice Broking Review
16Geojit234,546Geojit Review
17Edelweiss193,041Open Account Edelweiss Review
18Religare165,416Religare Review
19SMC Global160,010SMC Global Review
20Alice Blue149,397Open Account Alice Blue 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.


6. Bazar Guru Ji   I Like It. | Report Abuse |   Link | May 14, 2022 9:41:46 PM Reply
Nice Information Sir
Top Broker In India
5. Shekhar Mahadeo Shingade   I Like It. | Report Abuse |   Link | Mar 5, 2022 8:21:15 AM Reply
I use Alice Blue & its very good broker ..i m happy with AB....
5.2. HASMUKH PATEL   I Like It. | Report Abuse |   Link | Apr 12, 2022 10:33:52 AM
5.3. Ashish   I Like It. | Report Abuse |   Link | Apr 28, 2022 7:57:35 PM
I want to use groww app. Plg guide me
4. Ramniwas   I Like It. | Report Abuse |   Link | Feb 21, 2022 1:38:24 AM Reply
I use angel one is very appropriate and improved I feel very good
3. Belraj   I Like It. | Report Abuse |   Link | Feb 2, 2022 5:48:12 PM Reply
Iam suing Angelone.Iam fully satisfied with this .
I have upstox and Zerodha but rarely used.
I recommend this to everyone.
3.1. Ramniwas   I Like It. | Report Abuse |   Link | Feb 21, 2022 1:41:15 AM
Sir I am use only angel one
3.2. Jay   I Like It. | Report Abuse |   Link | Feb 28, 2022 7:37:15 PM
I also use angel one but I am unable to find the commodities trade option. Can you help me with this?
2. Kalu   I Like It. | Report Abuse |   Link | Feb 28, 2022 3:41:27 PM Reply
Good Information. keep growing
1. Ashok Prakash Ahire   I Like It. | Report Abuse |   Link | Jan 14, 2022 5:18:56 PM Reply
I love to using zerodha kite & I recommend to everyone...