Last updated on July 12, 2024
Everyone trading stocks knows on which exchange his/her stocks are being traded but the party enabling these transactions is a broker which connects the individual and the stock exchange. As such, stock brokers play an important role in the ecosystem. In India, one needs trading and demat accounts to purchase and sell delivery-based securities. These accounts are opened by stock brokers who charge brokerage for their services. In this article, we will see a comprehensive list of stock brokers in India but first, a history lesson.
Table of Contents
What is the History of Stock Brokerage?
The first account of shares being purchased and sold is from 1602 when the Dutch East India Company released the first publicly traded stocks through the Amsterdam Stock Exchange. Although similar trading used to take place in some markets before this, the traded instruments were mostly related to debt and the key ingredient – stocks – was missing. This can be seen as the first instance of organized stock issuance and trading. Owing to the law of private property rights indoctrinated in the Dutch Empire, the profession of stock brokers flourished.
At the end of the 17th century, the London Stock Exchange came into existence, and almost a hundred years later, in 1792, the New York Stock Exchange was formed. India and Asia saw their first stock exchange in the name of the Bombay Stock Exchange (BSE) in 1875.
Fast forward to the current day, India has a flourishing stock market servicing millions of domestic and overseas investors through hundreds of stock brokers.
Top Stock Brokers Market Share: List of Stock Brokers in India
Read Also: Is Your Stock Broker charging you higher than stipulated clearing fees?
Types of Share Market Brokers in the Market
Different types of share market brokers offer various products and services to their clients. Every kind of broker has advantages and disadvantages, and it’s essential to understand the differences before choosing one to handle your investments.
- Discount Stockbrokers
Discount or internet stock brokers are getting more and more well-liked because of their accessibility and affordability. They enable Internet trading without the need for face-to-face contact between the investor and the broker. Discount brokers may not be appropriate for consumers with large investment portfolios because not all of them offer the same level of knowledge as standard brokers. Nevertheless, they may be a great starting point for stock market investing for investors with little extra cash.
- Full-Service or Traditional Stockbrokers
Full-service stock brokers offer a variety of services, including dealing in stocks, investment guidance, retirement planning, and portfolio management. Even though they have more experience and a bigger commission, they can help you increase your earning potential and reduce dangers.
Also Read: Top Stock Brokers in India 2024
What’s the difference between a Discount and a Full-Service Broker?
| Discount Brokers | Full-Service Brokers |
| Lower fees and commissions | Higher fees and commissions |
| Limited investment guidance | Personalized investment advice and guidance |
| Online trading platform | Personalized trading platform |
| No or limited research and analysis | In-depth research and analysis |
| Limited or no access to IPOs | Access to IPOs and other exclusive investments |
| Minimal customer support | Extensive customer support and assistance |
| Ideal for self-directed investors | Ideal for investors seeking personalized advice and assistance |
Read Also: Fyers Brokerage Calculator
List of Stock Brokers in India with Active Clients
Given the huge addressable market, the list of stock brokers in India is quite long. As of April 2024, there were 233 stock brokers registered with NSE. Below is a full list of all stock brokers in India.
| Broker Name | Active Clients | Market Share (%) | Number of Complaints | % of Number of Complaints Resolved |
|---|---|---|---|---|
| NEXTBILLION TECHNOLOGY (GROWW) | 9,931,232 | 23.74 | 834 | 100.00 |
| ZERODHA | 7,392,836 | 17.67 | 567 | 99.82 |
| ANGEL ONE | 6,302,598 | 15.07 | 1203 | 99.91 |
| UPSTOX SECURITIES | 2,555,618 | 6.11 | 299 | 100.00 |
| ICICI SECURITIES | 1,862,161 | 4.45 | 971 | 99.79 |
| KOTAK SECURITIES | 1,248,531 | 2.98 | 610 | 100.16 |
| HDFC SECURITIES | 1,114,215 | 2.66 | 283 | 100.00 |
| MOTILAL OSWAL FINANCIAL SERVICES | 893,218 | 2.14 | 498 | 100.00 |
| SBICAP SECURITIES | 891,155 | 2.13 | 212 | 100.00 |
| PAYTM MONEY | 797,157 | 1.91 | 188 | 100.00 |
| SHAREKHAN | 671,884 | 1.61 | 207 | 100.00 |
| 5PAISA CAPITAL | 550,689 | 1.32 | 316 | 99.68 |
| MONEYLICIOUS SECURITIES | 512,564 | 1.23 | 200 | 100.00 |
| IIFL SECURITIES | 444,044 | 1.06 | 284 | 100.00 |
| MIRAE ASSET CAPITAL MARKETS ( INDIA ) | 383,186 | 0.92 | 506 | 100.00 |
| INDMONEY | 373,042 | 0.89 | 11 | 100.00 |
| AXIS SECURITIES | 371,589 | 0.89 | 156 | 100.00 |
| GEOJIT FINANCIAL SERVICES | 246,824 | 0.59 | 39 | 100.00 |
| FYERS SECURITIES | 231,738 | 0.55 | 137 | 100.00 |
| CHOICE EQUITY BROKING | 197,727 | 0.47 | 144 | 100.00 |
| SMC GLOBAL SECURITIES | 182,535 | 0.44 | 84 | 101.19 |
| NUVAMA WEALTH AND INVESTMENT | 174,917 | 0.42 | 115 | 100.00 |
| ALICE BLUE FIN SVCS | 165,397 | 0.40 | 66 | 100.00 |
| RELIGARE BROKING | 145,382 | 0.35 | 104 | 100.00 |
| NIRMAL BANG SECURITIES | 143,486 | 0.34 | 49 | 100.00 |
| MARWADI SHARES AND FINANCE | 130,184 | 0.31 | 9 | 100.00 |
| ANAND RATHI SHARE AND STOCK BROKERS | 127,921 | 0.31 | 69 | 100.00 |
| FINVASIA SECURITIES PRIVATE LIMITED | 121,529 | 0.29 | 1110 | 100.00 |
| VENTURA SECURITIES LTD. | 115,440 | 0.28 | 31 | 100.00 |
| JAINAM BROKING LIMITED | 104,881 | 0.25 | 14 | 100.00 |
| JM FINANCIAL SERVICES LIMITED | 100,781 | 0.24 | 25 | 100.00 |
| SAMCO SECURITIES LIMITED | 89,817 | 0.21 | 58 | 100.00 |
| ADITYA BIRLA MONEY LIMITED | 82,790 | 0.20 | 47 | 100.00 |
| SWASTIKA INVESTMART LIMITED | 80,765 | 0.19 | 42 | 100.00 |
| NJ INDIA INVEST PRIVATE LIMITED | 80,449 | 0.19 | 11 | 100.00 |
| TRADEBULLS SECURITIES (P) LTD. | 78,154 | 0.19 | 38 | 100.00 |
| YES SECURITIES (INDIA) LIMITED | 72,962 | 0.17 | 36 | 100.00 |
| RELIANCE SECURITIES LIMITED | 72,675 | 0.17 | 72 | 100.00 |
| STOCKHOLDING SERVICES LIMITED | 71,938 | 0.17 | 25 | 92.00 |
| GLOBE CAPITAL MARKET LIMITED | 64,035 | 0.15 | 35 | 100.00 |
| MASTER CAPITAL SERVICES LIMITED | 61,273 | 0.15 | 21 | 100.00 |
| MONARCH NETWORTH CAPITAL LIMITED | 58,273 | 0.14 | 8 | 100.00 |
| IDBI CAPITAL MARKETS & SECURITIES LTD. | 55,635 | 0.13 | 35 | 100.00 |
| BONANZA PORTFOLIO LTD. | 55,083 | 0.13 | 20 | 100.00 |
| ARIHANT CAPITAL MARKETS LIMITED | 52,229 | 0.12 | 18 | 100.00 |
| JHAVERI SECURITIES LIMITED | 50,288 | 0.12 | 2 | 100.00 |
| INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED | 48,353 | 0.12 | 7 | 100.00 |
| PRABHUDAS LILLADHER PVT. LTD. | 45,983 | 0.11 | 13 | 100.00 |
| PROFITMART SECURITIES PRIVATE LIMITED | 40,396 | 0.10 | 19 | 100.00 |
| SURESH RATHI SECURITIES PRIVATE LIMITED | 40,219 | 0.10 | 3 | 100.00 |
| SHRI PARASRAM HOLDINGS PVT. LTD. | 35,439 | 0.08 | 7 | 100.00 |
| GOODWILL WEALTH MANAGEMENT PVT LTD | 34,801 | 0.08 | 47 | 100.00 |
| SHAH INVESTORS HOME LIMITED | 34,534 | 0.08 | 1 | 100.00 |
| DHANI STOCKS LIMITED | 33,459 | 0.08 | 40 | 100.00 |
| BAJAJ FINANCIAL SECURITIES LTD. | 33,002 | 0.08 | 23 | 100.00 |
| ACML CAPITAL MARKETS LIMITED | 32,262 | 0.08 | 6 | 100.00 |
| LKP SECURITIES LTD. | 32,067 | 0.08 | 14 | 100.00 |
| ASTHA CREDIT & SECURITIES (P) LTD | 30,878 | 0.07 | 18 | 100.00 |
| FORTUNE CAPITAL SERVICES PRIVATE LIMITED | 30,547 | 0.07 | 28 | 100.00 |
| CHOLAMANDALAM SECURITIES LIMITED | 30,044 | 0.07 | 4 | 100.00 |
| SHRIRAM INSIGHT SHARE BROKERS LIMITED | 28,938 | 0.07 | 16 | 100.00 |
| VNS FINANCE & CAPITAL SERVICES LTD. | 28,623 | 0.07 | 13 | 100.00 |
| HEM FINLEASE PVT. LTD. | 27,407 | 0.07 | 2 | 100.00 |
| EUREKA STOCK & SHARE BROKING SERVICES LIMITED | 27,141 | 0.06 | 1 | 100.00 |
| ECONO BROKING PRIVATE LIMITED | 26,180 | 0.06 | 3 | 100.00 |
| WAY2WEALTH BROKERS PRIVATE LIMITED | 25,177 | 0.06 | 1 | 100.00 |
| LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. | 24,727 | 0.06 | 8 | 100.00 |
| MARKETWOLF SECURITIES PRIVATE LIMITED | 23,791 | 0.06 | 5 | 100.00 |
| CANARA BANK SECURITIES LIMITED | 20,888 | 0.05 | 11 | 100.00 |
| SOUTH ASIAN STOCKS LTD. | 20,851 | 0.05 | 12 | 108.33 |
| PRUDENT BROKING SERVICES PRIVATE LIMITED | 20,288 | 0.05 | 4 | 100.00 |
| ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. | 19,483 | 0.05 | 2 | 100.00 |
| ASHIKA STOCK BROKING LTD. | 19,171 | 0.05 | 4 | 100.00 |
| MONEYWISE FINVEST LIMITED | 18,233 | 0.04 | 7 | 100.00 |
| ALANKIT IMAGINATIONS LIMITED | 17,406 | 0.04 | 4 | 100.00 |
| ESPRESSO FINANCIAL SERVICES PRIVATE LIMITED. | 16,976 | 0.04 | 3 | 100.00 |
| GOLDMINE STOCKS PRIVATE LIMITED | 16,956 | 0.04 | 1 | 100.00 |
| FINWIZARD TECHNOLOGY PRIVATE LIMITED | 16,869 | 0.04 | 7 | 100.00 |
| STEEL CITY SECURITIES LTD. | 16,816 | 0.04 | 2 | 100.00 |
| MATALIA STOCK BROKING PVT. LTD. | 16,752 | 0.04 | 1 | 100.00 |
| PHILLIPCAPITAL (INDIA) PVT. LTD | 16,300 | 0.04 | 3 | 100.00 |
| ACUMEN CAPITAL MARKET (INDIA) LTD | 15,823 | 0.04 | 10 | 100.00 |
| BOB CAPITAL MARKETS LIMITED | 15,421 | 0.04 | 19 | 100.00 |
| ANS PVT. LTD. | 15,243 | 0.04 | 1 | 100.00 |
| ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED | 14,032 | 0.03 | 6 | 100.00 |
| RUDRA SHARES & STOCK BROKERS LIMITED | 13,345 | 0.03 | 3 | 100.00 |
| DAILY GONG FINANCIAL SERVICES LIMITED | 13,225 | 0.03 | 2 | 100.00 |
| TRUSTLINE SECURITIES LIMITED | 13,192 | 0.03 | 7 | 100.00 |
| SYKES & RAY EQUITIES (I) LTD. | 13,153 | 0.03 | 1 | 100.00 |
| INVENTURE GROWTH & SECURITIES LIMITED | 12,611 | 0.03 | 2 | 100.00 |
| BP EQUITIES PRIVATE LIMITED | 12,594 | 0.03 | 3 | 100.00 |
| PRAVIN RATILAL SHARE AND STOCK BROKERS LTD | 12,530 | 0.03 | 1 | 100.00 |
| NINE STAR BROKING PRIVATE LIMITED | 12,473 | 0.03 | 1 | 100.00 |
| EMKAY GLOBAL FINANCIAL SERVICES LIMITED | 12,414 | 0.03 | 1 | 100.00 |
| BHANSALI VALUE CREATIONS PRIVATE LIMITED | 11,455 | 0.03 | 8 | 100.00 |
| GEPL CAPITAL PRIVATE LIMITED | 10,678 | 0.03 | 3 | 100.00 |
| PUNE E STOCK BROKING LIMITED | 10,562 | 0.03 | 6 | 100.00 |
| LSC SECURITIES LIMITED | 10,536 | 0.03 | 4 | 100.00 |
| NAVIA MARKETS LTD. | 10,367 | 0.02 | 7 | 100.00 |
| ADROIT FINANCIAL SERVICES PRIVATE LIMITED | 10,155 | 0.02 | 1 | 100.00 |
| TRADEJINI FINANCIAL SERVICES PVT LTD | 9,675 | 0.02 | 2 | 100.00 |
| STANDARD CHARTERED SECURITIES (INDIA) LIMITED | 9,217 | 0.02 | 4 | 100.00 |
| MANSUKH SECURITIES & FINANCE LIMITED | 9,051 | 0.02 | 3 | 100.00 |
| INDIRA SECURITIES PRIVATE LIMITED | 8,991 | 0.02 | 7 | 100.00 |
| SS CORPORATE SECURITIES LIMITED | 8,822 | 0.02 | 3 | 100.00 |
| SHREE BAHUBALI STOCK BROKING LTD | 8,710 | 0.02 | 1 | 100.00 |
| A C AGARWAL SHARE BROKERS PVT LTD | 8,422 | 0.02 | 1 | 100.00 |
| R K GLOBAL SHARES & SECURITIES LIMITED | 8,252 | 0.02 | 6 | 100.00 |
| DBFS SECURITIES LIMITED | 7,971 | 0.02 | 2 | 100.00 |
| PRITHVI FINMART PRIVATE LIMITED | 7,713 | 0.02 | 1 | 100.00 |
| ENRICH FINANCIAL MARKET PRIVATE LIMITED | 7,469 | 0.02 | 2 | 100.00 |
| MEHTA EQUITIES LIMITED | 7,315 | 0.02 | 1 | 100.00 |
| COIMBATORE CAPITAL LIMITED | 7,193 | 0.02 | 1 | 100.00 |
| KRCHOKSEY SHARES AND SECURITIES PRIVATE LIMITED | 7,164 | 0.02 | 2 | 100.00 |
| MANGAL KESHAV FINANCIAL SERVICES LLP | 7,142 | 0.02 | 6 | 100.00 |
| SPFL SECURITIES LIMITED | 7,049 | 0.02 | 3 | 100.00 |
| INVESTMENTOR SECURITIES LTD. | 6,827 | 0.02 | 1 | 100.00 |
| MANDOT SECURITIES PRIVATE LIMITED | 6,694 | 0.02 | 46 | 100.00 |
| SUNLIGHT BROKING LLP | 6,651 | 0.02 | 1 | 100.00 |
| RAGHUNANDAN CAPITAL PRIVATE LIMITED | 6,250 | 0.01 | 2 | 100.00 |
| WELLWORTH SHARE & STOCK BROKING LIMITED | 6,118 | 0.01 | 1 | 100.00 |
| SHARE INDIA SECURITIES LIMITED | 6,011 | 0.01 | 1 | 100.00 |
| MARKET-HUB STOCK BROKING PRIVATE LIMITED | 5,812 | 0.01 | 7 | 100.00 |
| SMIFS LIMITED | 5,768 | 0.01 | 6 | 100.00 |
| MARFATIA STOCK BROKING PRIVATE LIMITED | 5,744 | 0.01 | 1 | 100.00 |
| IFCI FINANCIAL SERVICES LIMITED | 5,690 | 0.01 | 9 | 100.00 |
| SYSTEMATIX SHARES & STOCKS (INDIA) LTD. | 5,660 | 0.01 | 1 | 100.00 |
| ELITE WEALTH LIMITED | 5,239 | 0.01 | 2 | 100.00 |
| INDUS PORTFOLIO (P) LTD | 5,069 | 0.01 | 1 | 100.00 |
| GANGANAGAR COMMODITY LIMITED | 4,946 | 0.01 | 1 | 100.00 |
| SUNFLOWER BROKING PVT. LTD. | 4,933 | 0.01 | 1 | 100.00 |
| TRADESWIFT BROKING PRIVATE LIMITED | 4,765 | 0.01 | 1 | 100.00 |
| ZUARI FINSERV LIMITED | 4,692 | 0.01 | 1 | 100.00 |
| NCO SECURITIES & SHARE BROKING (P) LTD | 4,549 | 0.01 | 1 | 100.00 |
| MSE FINANCIAL SERVICES LTD. | 4,540 | 0.01 | 1 | 100.00 |
| PEERLESS SECURITIES LIMITED | 4,516 | 0.01 | 2 | 100.00 |
| PACE STOCK BROKING SERVICES PRIVATE LIMITED | 4,487 | 0.01 | 3 | 100.00 |
| COCHIN STOCK BROKERS LTD. | 4,323 | 0.01 | 3 | 100.00 |
| ATS SHARE BROKERS PRIVATE LIMITED | 4,034 | 0.01 | 4 | 100.00 |
| 360 ONE Distribution Services Limited | 3,913 | 0.01 | 1 | 100.00 |
| ALMONDZ GLOBAL SECURITIES LTD. | 3,864 | 0.01 | 3 | 100.00 |
| ASHLAR SECURITIES PRIVATE LIMITED | 3,804 | 0.01 | 5 | 100.00 |
| HINDUSTAN TRADECOM PRIVATE LIMITED | 3,758 | 0.01 | 1 | 100.00 |
| CENTRUM BROKING LIMITED | 3,660 | 0.01 | 1 | 100.00 |
| KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED | 3,186 | 0.01 | 2 | 100.00 |
| AJCON GLOBAL SERVICES LIMITED | 3,136 | 0.01 | 1 | 100.00 |
| JYOTI BROKING PRIVATE LIMITED | 2,973 | 0.01 | 1 | 100.00 |
| SKP SECURITIES LTD. | 2,905 | 0.01 | 1 | 100.00 |
| MARKET PULSE SECURITIES PRIVATE LIMITED | 2,873 | 0.01 | 1 | 100.00 |
| BEELINE BROKING LTD | 2,619 | 0.01 | 1 | 100.00 |
| INTEGRATED MASTER SECURITIES PVT. LTD. | 2,557 | 0.01 | 1 | 100.00 |
| ARHAM WEALTH MANAGEMENT PVT LTD | 2,479 | 0.01 | 2 | 100.00 |
| DP TRADEKING PVT LTD | 2,445 | 0.01 | 1 | 100.00 |
| VOGUE COMMERCIAL COMPANY LIMITED | 2,394 | 0.01 | 1 | 100.00 |
| KEDIA CAPITAL SERVICES PRIVATE LIMITED | 2,315 | 0.01 | 2 | 100.00 |
| STANDARD SECURITIES & INVESTMENT INTERMEDIATES LIMITED | 2,220 | 0.01 | 12 | 100.00 |
| NIKUNJ STOCK BROKERS LTD. | 2,214 | 0.01 | 1 | 100.00 |
| SKI CAPITAL SERVICES LTD. | 2,214 | 0.01 | 1 | 100.00 |
| AJMERA ASSOCIATES LTD. | 2,197 | 0.01 | 1 | 100.00 |
| FRR SHARES AND SECURITIES LIMITED | 2152 | 0.01 | 1 | 100.00 |
| AMBALAL SHARES & STOCKS PRIVATE LIMITED | 2145 | 0.01 | 1 | 100.00 |
| DEALMONEY COMMODITIES PRIVATE LIMITED | 2071 | 0.00 | 22 | 100.00 |
| COMPOSITE INVESTMENTS PRIVATE LIMITED | 1935 | 0.00 | 1 | 100.00 |
| MULTIPLEX CAPITAL LTD. | 1884 | 0.00 | 1 | 100.00 |
| FARSIGHT SECURITIES LTD. | 1620 | 0.00 | 2 | 100.00 |
| ABHIPRA CAPITAL LTD. | 1598 | 0.00 | 2 | 100.00 |
| VCK SHARE & STOCK BROKING SERVICES LTD. | 1374 | 0.00 | 1 | 100.00 |
| COMFORT SECURITIES LIMITED | 1358 | 0.00 | 1 | 100.00 |
| INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED | 1236 | 0.00 | 2 | 100.00 |
| LFS BROKING PRIVATE LIMITED | 1227 | 0.00 | 19 | 100.00 |
| KARUNA FINANCIAL SERVICES PVT. LTD | 1162 | 0.00 | 1 | 100.00 |
| JUST TRADE SECURITIES LIMITED | 1148 | 0.00 | 3 | 100.00 |
| SAAKETA INVESTMENT SERVICES LIMITED | 1034 | 0.00 | 1 | 100.00 |
| C.D. EQUISEARCH PVT. LTD | 997 | 0.00 | 2 | 100.00 |
| COMPOSITE SECURITIES LTD. | 961 | 0.00 | 1 | 100.00 |
| BALJIT SECURITIES PVT. LTD. | 904 | 0.00 | 2 | 100.00 |
| ACHINTYA SECURITIES PRIVATE LIMITED | 867 | 0.00 | 5 | 100.00 |
| ACEMONEY INTERMEDIARIES PRIVATE LIMITED | 832 | 0.00 | 3 | 100.00 |
| GILL BROKING PRIVATE LIMITED | 734 | 0.00 | 2 | 50.00 |
| NARIMAN FINVEST PRIVATE LIMITED | 714 | 0.00 | 1 | 100.00 |
| NAVJEEVAN EQUITY BROKING PRIVATE LIMITED | 626 | 0.00 | 1 | 100.00 |
| VACHANA INVESTMENTS PRIVATE LIMITED | 587 | 0.00 | 1 | 100.00 |
| NUVAMA WEALTH MANAGEMENT LIMITED | 530 | 0.00 | 3 | 100.00 |
| MONEYPALM INVESTMENT SOLUTIONS PRIVATE LIMITED | 428 | 0.00 | 2 | 100.00 |
| NU INVESTORS TECHNOLOGIES PRIVATE LIMITED | 353 | 0.00 | 1 | 100.00 |
| RR EQUITY BROKERS PVT. LTD. | 335 | 0.00 | 2 | 100.00 |
| DIVYA CAPITAL ONE PRIVATE LIMITED | 291 | 0.00 | 1 | 100.00 |
| FLOURISH FINCAP PVT LTD | 236 | 0.00 | 1 | 100.00 |
| KEYNOTE CAPITALS LTD. | 230 | 0.00 | 1 | 100.00 |
| BERKELEY SECURITIES LIMITED | 128 | 0.00 | 1 | 100.00 |
| ARETE SECURITIES LIMITED | 87 | 0.00 | 1 | 100.00 |
| AXIOM SHARE BROKING PVT. LTD. | 77 | 0.00 | 1 | 100.00 |
| DHAN STOCK & SHARE BROKERS PVT. LTD. | 19 | 0.00 | 10 | 100.00 |
| GSB SECURITIES PVT LTD | 18 | 0.00 | 1 | 100.00 |
| INDIANIVESH SHARES AND SECURITIES PRIVATE LIMITED | 7 | 0.00 | 1 | 100.00 |
| GREENBUCKS SECURITIES PRIVATE LIMITED | 6 | 0.00 | 6 | 100.00 |
| MEFCOM SECURITIES LTD. | 6 | 0.00 | 1 | 100.00 |
| FORTUNE CAPITAL SERVICES | 1 | 0.00 | 6 | 100.00 |
| IDBI BANK LIMITED | 1 | 0.00 | 2 | 100.00 |
| J M GLOBAL EQUITIES PRIVATE LIMITED | 1 | 0.00 | 1 | 100.00 |
| 4A SECURITIES LIMITED | 0 | 0.00 | 5 | 100.00 |
| STOCK HOLDING CORPORATION OF INDIA LTD | 0 | 0.00 | 14 | 114.28 |
| QUANTUM SECURITIES PVT. LTD. | 0 | 0.00 | 12 | 100.00 |
| MAXGROWTH CAPITAL PRIVATE LIMITED | 0 | 0.00 | 10 | 0.00 |
| MOTILAL OSWAL CAPITAL MARKETS PRIVATE LIMITED | 0 | 0.00 | 7 | 100.00 |
| RAPID CAPITAL SERVICES | 0 | 0.00 | 7 | 100.00 |
| VIKSON SECURITIES PRIVATE LIMITED | 0 | 0.00 | 4 | 25.00 |
| KARVY STOCK BROKING LTD. | 0 | 0.00 | 4 | 150.00 |
| ICICI WEB TRADE LTD | 0 | 0.00 | 2 | 100.00 |
| GROW-ON PORTFOLIO PRIVATE LTD | 0 | 0.00 | 2 | 100.00 |
| NEO SECURITIES LTD. | 0 | 0.00 | 2 | 100.00 |
| SAS BROKING PRIVATE LIMITED | 0 | 0.00 | 2 | 100.00 |
| BEST BULL STOCK TRADING | 0 | 0.00 | 2 | 100.00 |
| TATA INVESTMENT CORPORATION LTD. | 0 | 0.00 | 1 | 100.00 |
| SATCO CAPITAL MARKETS LIMITED | 0 | 0.00 | 1 | 100.00 |
| ICICI BANK LTD | 0 | 0.00 | 1 | 100.00 |
| PREMIUM GLOBAL SECURITIES (P) LTD. | 0 | 0.00 | 1 | 100.00 |
| SAFAL CAPITAL (INDIA) LIMITED | 0 | 0.00 | 1 | 100.00 |
| EDELWEISS FINANCIAL ADVISORS LIMITED | 0 | 0.00 | 1 | 100.00 |
| ASSET ALLIANCE SECURITIES PVT. LTD. | 0 | 0.00 | 1 | 100.00 |
| RVS SHARES & STOCK BROKING SERVICES PVT. LTD. | 0 | 0.00 | 1 | 100.00 |
| SIC STOCKS & SERVICES PRIVATE LIMITED | 0 | 0.00 | 1 | 100.00 |
| IDFC FIRST BANK LIMITED | 0 | 0.00 | 1 | 100.00 |
| INTEGRATED STOCK BROKING SERVICES PVT.LTD. | 0 | 0.00 | 1 | 100.00 |
| JM FINANCIAL SECURITIES PVT.LTD. | 0 | 0.00 | 1 | 100.00 |
| WIDEANGLE FINANCIAL SERVICES LTD | 0 | 0.00 | 1 | 100.00 |
| KOTAK MAHINDRA SECURITIES LTD. | 0 | 0.00 | 1 | 100.00 |
| GRIP BROKING PRIVATE LIMITED | 0 | 0.00 | 1 | 100.00 |
| ANUGRAH STOCK & BROKING PVT. LTD. | 0 | 0.00 | 1 | 100.00 |
| KARMIC STOCK BROKING PRIVATE LIMITED | 0 | 0.00 | 1 | 100.00 |
| KRISHA INCAP SERVICES PVT.LTD. | 0 | 0.00 | 1 | 100.00 |
| MEHTA SECURITIES LTD. | 0 | 0.00 | 1 | 100.00 |
| BLUE ANGEL STOCK BROKERS PVT. LTD | 0 | 0.00 | 1 | 100.00 |
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Stock Brokers FAQs
What is a stockbroker?
For a fee or commission, stockbrokers purchase and sell stocks and other assets on behalf of ordinary and institutional clients over the counter or through a stock exchange. Retail investors coexist with institutional stockbrokers and fund managers in the world of finance.
Which are the top stock brokers in India?
Groww is the biggest stock broker in the country, followed by Zerodha and Angel One in terms of the number of active clients.
Is it permitted to open more than one account with different brokers?
Yes, just like bank accounts, it is quite legal to open multiple demat and trading accounts in India.
Noble broking of saChitra web world is a registered plateform or not.
Is it fake broker…….????