Stock Brokers List in India

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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.

List of Stock Brokers in India

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 stockbrokers 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 the first stock exchange in the form 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

Top Stock Brokers Market Share 31 March 2025

Read Also: Is Your Stock Broker charging you higher than stipulated clearing fees?

Types of Share Market Brokers in the Market

That’s where the journey of share market brokers began. There are many types of brokers, and their clients have to decide which one suits them best. Every broker has its advantages and disadvantages. Understanding those differences before you choose a broker to handle your investments is crucial.

  • 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 a 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: Largest Stock Brokers in India 2025

What’s the difference between a Discount and a Full-Service Broker?

Discount BrokersFull-Service Brokers
Lower fees and commissionsHigher fees and commissions
Limited investment guidancePersonalized investment advice and guidance
Online trading platformPersonalized trading platform
No or limited research and analysisIn-depth research and analysis
Limited or no access to IPOsAccess to IPOs and other exclusive investments
Minimal customer supportExtensive customer support and assistance
Ideal for self-directed investorsIdeal for investors seeking personalized advice and assistance
List of Stock Brokers in India

Read Also: Fyers Brokerage Calculator

List of Top Brokers in India by Active Clients

Given the huge addressable market, the list of the top 100 stock broking companies in India by active clients is quite long. As of 31 March 2025, there were 397 stock brokers registered with NSE. Below is a full list of all stock brokers in India.

Broker NameActive ClientsMarket Share (%)Number of Complaints% of Number of Complaints Resolved
Groww Invest Tech12,921,21026.261,99497.64
Zerodha Broking7,888,96416.031,07594.51
Angel One7,577,87815.402,00894.42
Upstox Securities2,747,3305.5873594.83
ICICI Securities1,946,8823.961,06796.44
HDFC Securities1,525,0583.1081494.23
Kotak Securities1,484,0383.021,06593.71
Motilal Oswal Financial Services1,014,8752.061,07890.63
SBICAP Securities981,4771.9929193.81
Moneylicious (dhan)971,7601.9837796.55
Indmoney836,3531.7014398.60
Paytm Money664,2941.3535491.24
Sharekhan663,2691.3531691.77
Mirae Asset Capital Markets ( India )518,1801.051,20694.69
IIFL Securities442,4380.9065996.36
5paisa Capital422,5180.8641997.61
Axis Securities419,5130.8523489.32
Phonepe Wealth Broking355,0260.7233688.10
Geojit Investments246,6740.5011298.21
Choice Equity Broking241,5010.4926789.51
Fyers Securities238,3400.4819697.45
SMC Global Securities179,6210.3748098.33
Nuvama Wealth And Investment165,7810.3417996.09
Finvasia Securities156,6220.3235996.66
Nirmal Bang Securities149,8510.3011097.27
Anand Rathi Share And Stock Brokers146,3190.3018594.05
Religare Broking146,3070.3015495.45
Marwadi Shares And Finance139,9530.2825100.00
Alice Blue Fin Svcs131,2890.2712992.25
Jainam Broking124,4810.252491.67
JM Financial Services121,6190.2513096.15
Ventura Securities118,0370.243686.11
Aditya Birla Money97,9530.206589.23
NJ India Invest86,2200.181384.62
Tradebulls Securities83,4940.1713882.61
Samco Securities80,0380.167494.59
Yes Securities (india)75,2820.155596.36
Stockholding Services74,5930.151894.44
Swastika Investmart72,1130.156081.67
NU Investors Technologies69,8030.142395.65
Globe Capital Market Limited67,0950.1422194.12
Master Capital Services Limited65,2580.136698.48
Reliance Securities Limited63,4180.138994.38
Bonanza Portfolio Ltd.59,0260.1240100.00
Idbi Capital Markets & Securities Ltd.57,4950.122796.30
Jhaveri Securities Limited56,8420.124100.00
Monarch Networth Capital Limited56,8260.1213100.00
Arihant Capital Markets Limited56,5720.114797.87
Integrated Enterprises (india) Private Limited50,7990.101794.12
Sushil Financial Services Private Limited50,2930.10366.67
Bajaj Financial Securities Ltd.49,2430.107098.57
Prabhudas Lilladher Pvt. Ltd.49,2430.102290.91
Suresh Rathi Securities Private Limited44,8490.091100.00
Cholamandalam Securities Limited36,8730.07785.71
Shah Investors Home Limited36,5810.074100.00
Shri Parasram Holdings Pvt. Ltd.35,9120.0710100.00
Dhani Stocks Limited35,8420.077793.51
Fortune Capital Services Private Limited35,1230.076190.16
Acml Capital Markets Limited34,4830.078100.00
Profitmart Securities Private Limited34,4780.0726100.00
Goodwill Wealth Management Pvt Ltd31,6490.0615290.13
Astha Credit & Securities (p) Ltd31,3750.063293.75
Econo Broking Private Limited30,4850.062100.00
Hem Finlease Pvt. Ltd.30,2380.064100.00
Shriram Insight Share Brokers Limited29,0100.0634100.00
Lkp Securities Ltd.28,7370.061894.44
Eureka Stock & Share Broking Services Limited28,2950.062100.00
Lakshmishree Investment & Securities Pvt. Ltd.27,0610.067100.00
Prudent Corporate Advisory Services Limited25,8690.05785.71
Way2wealth Brokers Private Limited24,4000.057100.00
Kifs Trade Capital Private Limited23,7790.052100.00
Finwizard Technology Private Limited22,1350.042095.00
Tradesmart Fintech Securities Limited20,9380.041070.00
Market Pulse Securities Private Limited20,8340.042100.00
Ashika Stock Broking Ltd.20,5480.04988.89
Skse Securities Ltd.20,2330.044100.00
Asit C Mehta Investment Interrmediates Ltd.19,9520.04988.89
Ratnakar Securities Pvt Ltd19,7070.041100.00
Canara Bank Securities Limited19,6390.045100.00
Arham Share Private Limited19,6180.04475.00
Matalia Stock Broking Pvt. Ltd.18,6120.0410.00
B N Rathi Securities Limited17,7850.045100.00
Steel City Securities Ltd.17,6570.046100.00
Marketwolf Securities Private Limited17,5920.042100.00
South Asian Stocks Ltd.17,2760.048100.00
Prudent Broking Services Private Limited16,6780.033100.00
Phillipcapital (india) Pvt. Ltd16,6450.039100.00
Alankit Imaginations Limited16,5310.03785.71
Ans Pvt. Ltd.16,2540.031100.00
Bob Capital Markets Limited16,1370.032395.65
Acumen Capital Market (india) Ltd15,8780.0311100.00
R Wadiwala Securities Pvt. Ltd.15,6390.03250.00
Rudra Shares & Stock Brokers Limited14,2450.0313100.00
Jkb Financial Services Limited13,9660.034100.00
Bgse Financials Limited13,7650.034100.00
Indbank Merchant Banking Services Ltd.13,7360.032100.00
Zebu Share And Wealth Managements Private Limited13,3480.036100.00
Nine Star Broking Private Limited13,1200.034100.00
Bp Equities Private Limited13,0830.03450.00
Moneywise Finvest Limited13,0310.03785.71
Trustline Securities Limited12,9050.034100.00
Inventure Growth & Securities Limited12,7340.031100.00
Emkay Global Financial Services Limited12,2860.02785.71
Kunvarji Finstock Pvt. Ltd.12,1590.021060.00
Pravin Ratilal Share And Stock Brokers Ltd12,0410.021100.00
Tradejini Financial Services Pvt Ltd12,0270.023100.00
Bhansali Value Creations Private Limited11,9520.02560.00
Jk Securities Pvt. Ltd.11,7740.023100.00
Pune E Stock Broking Limited10,7820.022100.00
Standard Chartered Securities (india) Limited10,6030.027100.00
Gepl Capital Private Limited10,3560.027100.00
Navia Markets Ltd.10,2630.021080.00
Adroit Financial Services Private Limited9,5420.022100.00
Wealth India Financial Services Pvt Ltd9,5350.021100.00
Centillion Capital Private Limited9,1360.022100.00
Espresso Financial Services Private Limited.9,0160.022792.59
Mansukh Securities & Finance Limited8,9780.023100.00
Enrich Financial Market Private Limited8,8910.022100.00
Vse Stock Services Limited8,8230.025100.00
Shree Bahubali Stock Broking Ltd8,8140.02366.67
A C Agarwal Share Brokers Pvt Ltd8,6810.021100.00
Ss Corporate Securities Limited8,5380.023100.00
Airan Finstocks Private Limited8,4120.021100.00
Joindre Capital Services Ltd8,2140.022100.00
Sky Commodities India Pvt Ltd8,0750.024885.42
Mehta Equities Limited7,9190.021100.00
Share India Securities Limited7,8280.021586.67
R K Global Shares & Securities Limited7,7120.0213100.00
Prithvi Finmart Private Limited7,6020.027100.00
Dbfs Securities Limited7,5420.0220.00
Capstocks & Securities (india) Private Limited7,2710.011100.00
Sunlight Broking Llp6,9890.0120100.00
Mangal Keshav Financial Services Llp6,7550.0110.00
Krchoksey Shares And Securities Private Limited6,6790.011100.00
Market-hub Stock Broking Private Limited6,5090.012100.00
Mandot Securities Private Limited5,9680.0116195.03
Smifs Limited5,9270.0113100.00
Raghunandan Capital Private Limited5,7560.011788.24
Patel Wealth Advisors Pvt Ltd5,6510.01366.67
Sunflower Broking Pvt. Ltd.5,6260.013100.00
Rikhav Securities Limited5,6210.011100.00
Ganganagar Commodity Limited5,5420.0117100.00
Wealthyin Broking Private Limited5,1940.012100.00
Univest Stock Broking Private Limited5,0970.016100.00
Indus Shareshree Private Limited5,0830.014100.00
Vertex Securities Ltd.5,0140.011100.00
Peerless Securities Limited4,9730.01450.00
Elite Wealth Limited4,9440.013100.00
Iti Securities Broking Limited4,8910.017100.00
Zuari Finserv Limited4,8480.011947.37
Rajvi Stock Broking Private Limited4,8290.011100.00
L.f.c. Securities Private Limited4,8250.011100.00
Ifci Financial Services Limited4,7650.017100.00
Pace Stock Broking Services Private Limited4,6870.018100.00
Kalpataru Multiplier Ltd.4,6630.013100.00
Almondz Global Securities Ltd.4,6560.013100.00
Nco Securities & Share Broking (p) Ltd4,6110.013100.00
Centrum Broking Limited4,3030.011492.86
Cochin Stock Brokers Ltd.4,2910.016100.00
360 One Distribution Services Limited4,1290.013100.00
Rksv Commodities India Private Limited4,0870.01250.00
Hensex Securities Private Limited3,8990.011100.00
Sharewealth Securities Limited3,8550.013100.00
Ashlar Securities Private Limited3,7280.014100.00
Muthoot Securities Ltd.3,6710.016100.00
DB (INTERNATIONAL) STOCK BROKERS LTD.3,6400.011100.00
Ats Share Brokers Private Limited3,6020.012792.59
Findoc Investmart Pvt. Ltd.3,5340.012100.00
Fortune Fiscal Ltd3,0890.011100.00
Navkar Share & Stock Brokers Private Limited2,7070.011100.00
Saurin Investments (p) Ltd.2,5620.011100.00
Arham Wealth Management Pvt Ltd2,5150.012100.00
Kedia Capital Services Private Limited2,4290.004100.00
Balaji Equities Ltd.2,4280.004100.00
Vogue Commercial Company Limited2,4110.001100.00
Standard Securities & Investment Intermediates Limited2,3530.001266.67
Motisons Shares Private Limited2,1530.005100.00
K K Securities Ltd.2,1340.001100.00
Ski Capital Services Ltd.2,0680.009100.00
Dealmoney Commodities Private Limited1,9800.002378.26
Lohia Securities Ltd.1,9730.001100.00
Indo Thai Securities Limited1,8870.001100.00
Aum Capital Market Pvt Ltd1,8430.001100.00
Ambit Capital Private Limited1,8360.001100.00
Competent Finman Pvt. Ltd.1,8090.001100.00
Axis Capital Limited1,7880.008100.00
Composite Investments Private Limited1,7770.001100.00
Multiplex Capital Ltd.1,7750.001100.00
Cil Securities Ltd.1,7230.006086.67
J G Shah Financial Consultants Pvt. Ltd.1,7180.001100.00
J L Shah Securities Private Limited1,6770.001100.00
Alb Stock Broking Private Limited1,6480.007100.00
Rrs Shares & Stock Brokers Pvt. Ltd1,6350.001100.00
Abhipra Capital Ltd.1,5540.008100.00
Mlb Capital Private Limited1,5410.002100.00
Nda Securities Ltd.1,4630.001100.00
A . G. Shares & Securities Ltd.1,4360.00728.57
Incred Capital Wealth Portfolio Managers Private Limited1,4360.0010.00
C D Integrated Services Ltd.1,3830.001100.00
Unlock Wealth Securities Limited1,3560.008100.00
Arch Finance Ltd.1,3160.002100.00
Shree Balaji Multicommodities Pvt Ltd1,2990.002100.00
Sachdeva Stocks Private Limited1,2840.001100.00
Interactive Brokers (india) Private Limited1,1950.0012100.00
Agroy Finance And Investment Limited1,1340.002100.00
Gogia Capital Services Limited1,1200.002100.00
Wealth Discovery Securities Pvt. Ltd.1,1100.0010.00
Jbs Securities Private Limited1,0630.001100.00
Just Trade Securities Limited1,0380.001100.00
C.d. Equisearch Pvt. Ltd9050.002100.00
Khandwala Securities Ltd.8980.001100.00
Achintya Securities Private Limited7870.00366.67
Vachana Investments Private Limited7220.003100.00
Acemoney Intermediaries Private Limited6760.0010.00
Nuvama Wealth Management Limited5990.0025100.00
East India Securities Ltd.5630.001100.00
Jefferies India Private Limited5520.0010100.00
Prrsaar Commodities Private Limited4470.003100.00
Anant Investments Private Limited4160.002100.00
Morgan Stanley India Company Private Limited3990.0014100.00
Zen Securities Ltd.3720.001100.00
Rr Equity Brokers Pvt. Ltd.3660.0012100.00
Bofa Securities India Limited3640.009100.00
Bnp Paribas Securities India Private Limited3570.003100.00
Lark Consultancy Private Limited3560.001100.00
Growth Securities Private Limited3440.005100.00
Daulat Securities Ltd.3330.001100.00
Dam Capital Advisors Limited3290.002100.00
J .p. Morgan India Private Limited3260.0014100.00
Goldman Sachs (india) Securities Private Limited3140.0042100.00
Ubs Securities India Pvt. Ltd.3060.0018100.00
Ncj Share And Stock Brokers Limited2880.001100.00
Keynote Capitals Ltd.2580.002100.00
Abhinandan Stock Broking Pvt. Ltd.2570.001100.00
Nomura Financial Advisory And Securities (india) Private Limited2440.002100.00
Hsbc Securities & Capital Markets (india) Pvt. Ltd.2070.001513.33
Jamnadas Virji Shares & Stock Brokers Private Limited2030.0010.00
Barclays Securities (india) Private Limited2000.0012100.00
Arj Securities Pvt. Ltd.1990.00250.00
Cfs Financial Services Pvt. Ltd1740.001100.00
Arya Fin-trade Services(india) Private Limited1470.001100.00
Frontline Capital Services Ltd.1330.001100.00
Nirmal Bang Equities Private Limited1290.00475.00
Vikabh Securities Private Limited1240.001100.00
Baba Bhoothnath Trade And Commerce Limited1220.0011100.00
Finquest Securities Pvt. Ltd.1210.003100.00
Time Capital Ltd.900.002100.00
Axiom Share Broking Pvt. Ltd.810.001100.00
Pumarth Credit & Capital Ltd.700.001100.00
Shri Ram Commodities610.002100.00
Uljk Financial Services Private Limited480.003100.00
Betala Stock Broking Limited460.002100.00
Anisha Fincap Consultants Llp400.003100.00
Premier Shares Limited310.002100.00
Cnb Finwiz Private Limited300.001100.00
Dhan Stock & Share Brokers Pvt. Ltd.280.0024996.79
Bajaj Share & Stock Brokers Pvt. Ltd200.003100.00
Abans Securities Private Limited150.001100.00
Goenka Capital Market Services150.001100.00
A. S. Stock Broking And Management Pvt Ltd.140.005100.00
A K Equities Pvt Ltd100.004100.00
Indianivesh Shares And Securities Private Limited70.003100.00
Jupiter Stock Brokers Ltd.50.007100.00
Aarnik Securities Pvt. Ltd.40.00250.00
123 Capitals30.00887.50
Trdez Investment Private Limited30.003100.00
Smk Shares And Stock Broking Pvt. Ltd.20.00785.71
Adroit Share & Stock Broker Pvt. Ltd.10.001100.00
Advent Stock Broking Private Limited10.0025100.00
Ang Capital Services Pvt. Ltd.10.001100.00
Aryaman Capital Markets Limited10.001100.00
Axis Bank Ltd.10.006100.00
Bank Of Baroda10.0017100.00
Bigcapita Securities Private Limited10.002100.00
Black Fox Financial Pvt.ltd.10.0030.00
Canara Bank10.001100.00
Citadel Securities India Markets Private Limited10.002100.00
Divya Securities10.001100.00
Fortune Capital Services10.004100.00
Global Vision Securities Private Limited10.001100.00
Icici Bank Ltd.10.005492.59
Icici Securities Primary Dealership Limited10.009100.00
Idbi Bank Limited10.006100.00
Ikm Investors Private Limited10.002100.00
Indusind Bank Limited10.001100.00
J M Global Equities Private Limited10.005100.00
Kripa Securities Private Limited10.001100.00
Mi Stock Broking Private Limited10.001100.00
Nk Securities Research Pvt. Ltd.10.005100.00
Pindi Securities Llp10.002100.00
R.k. Stockholding (p) Ltd.10.001100.00
Shreeyam Securities Limited10.005100.00
Sks Capital & Research Private Limited10.003100.00
State Bank Of India10.00785.71
The South Indian Bank Limited10.001100.00
Trimurti Capital Broking Llp10.002100.00
U.l.j.k.securities Pvt.ltd.10.001100.00
Union Bank Of India10.002100.00
Versatile Stock Broking Llp10.001100.00
Yes Bank Limited10.0011100.00
1 Finance Private Limited00.003897.37
4a Securities Limited00.001894.44
9 Capital Consultants Llp00.002100.00
A&g Stock Broking & Co00.001100.00
Abans Broking Services Private Limited00.001100.00
Aca Finserv Llp00.004100.00
Adventures India Financial Services Limited00.001100.00
Aki Finance & Securities (p) Ltd00.005100.00
Allgrow Finance & Investment Private Limited00.001100.00
Alpha Commodity Private Limited00.001100.00
Angel Securities Ltd00.008195.06
Anugrah Commodities Private Limited00.001100.00
Arcadia Commodities & Trading00.005100.00
Artha Vrddhi Securities Limited00.001100.00
Bajaj Capital Ltd.00.002100.00
Banayantree Services Limited00.004100.00
Banhem Securities Pvt Ltd00.001100.00
Bank Of India00.002100.00
Bank Of Maharashtra00.001100.00
Blue Chip Corporation Private Limited00.001100.00
Bma Commodities Private Limited00.002100.00
Bnp Paribas00.002100.00
Bonanza Commodity Brokers Pvt. Ltd.00.002100.00
Capital Wizard Stock Broking Private Limited00.003100.00
Century Finvest Pvt. Ltd.00.007100.00
Citadel Commotrade Private Limited00.001100.00
Daiwa Capital Markets India Private Limited00.009100.00
Dani Shares & Stocks Private Limited00.001100.00
Dbs Bank Limited00.003100.00
Dbs Capital Markets Pvt. Ltd.00.00250.00
Dgp Securities Ltd.00.001100.00
Edelweiss Comtrade Limited00.001100.00
Essence Commodities Private Limited00.001100.00
Essence Investments & Finance Ltd.00.008100.00
Essvee Private Limited00.001100.00
Exponential Financial Services Pvt.ltd.00.003100.00
Fourdegreewater Services Private Limited00.005100.00
Greenbucks Securities Private Limited00.001100.00
Grip Broking Private Limited00.001100.00
Grow-on Portfolio Pvt.ltd.00.002386.96
Growsteady Finserv Private Limited00.003100.00
Hb Securities Limited00.004100.00
Hcg Stock & Share Brokers Ltd.00.00450.00
Hdfc Bank Ltd00.002696.15
Hem Securities Ltd.00.0014100.00
Horizon Capital Ltd.00.001384.62
Hsbc Investdirect Securities (india) Limited00.002100.00
Idfc First Bank Limited00.007100.00
Ifin Commodities Limited00.002100.00
Iifl Capital Services Limited00.0011100.00
Il&fs Securities Services Limited00.00683.33
Indira Commodities Private Limited00.001100.00
Indo Money Securities Private Limited00.001100.00
Iss Enterprise Limited00.007100.00
Itc Limited00.001100.00
Jiraaf Platform Private Limited00.001100.00
Jm Financial Ltd00.001100.00
Jsel Securities Ltd.00.001100.00
K. M. Global Financial Services Private Limited00.0015100.00
Karvy Comtrade Limited00.001656.25
Kna Securities Pvt.ltd.00.005100.00
Kotak Mahindra Bank Ltd.00.009100.00
M G Capital Services Ltd.00.002100.00
Maashitla Securities Pvt. Ltd.00.002100.00
Maxgrowth Capital Private Limited00.008100.00
Moat Financial Services Pvt Ltd00.004100.00
Moneypalm Investment Solutions Private Limited00.001100.00
Ng Rathi Investrades Privated Limited00.001100.00
Nkb Securities00.001100.00
Northern Arc Securities Private Limited00.003100.00
Nuvama Clearing Services Limited00.00250.00
Omkam Capital Markets Private Limited00.001100.00
Opus International Securities Pvt.ltd.00.001100.00
Orbis Financial Corporation Limited00.001100.00
Phoenix Share & Stockbrokers Pvt.ltd.00.001100.00
Quant Securities Private Limited00.002100.00
Quantum Securities Pvt. Ltd.00.0020100.00
Religare Capital Markets Ltd.00.002100.00
Rk Global Equity Broking Ltd.00.003100.00
Sass Online Commodities Private Limited00.002100.00
Satco Capital Markets Limited00.0012100.00
Seema Securities Pvt.ltd.00.005100.00
Simandhar Broking Limited00.009100.00
South India Stock Broking Services Ltd.00.001100.00
Space Ang India Corporation00.0010.00
Sparkle Securities Solutions Private Limited00.001100.00
Srv Commodities Private Limited00.001100.00
Standard Chartered Bank00.003100.00
Stock Holding Corporation Of India Ltd00.004495.45
Sunglow Capital Services Ltd.00.001100.00
Tata Fintech Private Limited00.001100.00
Total Securities Ltd.00.0030100.00
Tradex Securities Llp00.005100.00
Uco Bank00.001100.00
Vikson Securities Private Limited00.0010.00
Wealth Mantra Commodities Pvt Ltd00.002100.00
Zerodha Commodities Private Limited00.006100.00

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.

How many brokers in India?

As of 31 March 2025, there were 397 stock brokers registered with NSE.

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