Top 20 Best Stock Broker Companies in India for Trading – Want to build a career in the Indian stock market? Want to open a trade account in the stock market and need trading platforms? These days, because of the increasing craze of the stock market people are looking for Genuine Stock Brokers in India for Trading. Stock broker companies (brokerage firms) play a critical role in facilitating securities trading in India.
Stock brokerage houses are financial institutions or entities that work as “stock mediator” who makes the best efforts to make the matches between sellers and buyers of stocks, bonds, mutual funds, exchange-traded funds (ETFs), commodities, securities, and other financial institutions. It offers a trading platform for investors and the stock market to execute trades. Searching for stock brokers in India? We have got you covered in this Blog. We are going to mention the Top 20 Best Stock Broker Companies in India for Trading to open your demat and trading account.
Find Out The List of Popular 20 Best Stock brokers in India
Any transaction in the market needs broker intervention. There are a lot of share brokers in India. Below is the list of 20 Best Stock Broker Companies in India for Trading. These brokers are broadly divided into 2 segments, “Full-Service brokers or Traditional Brokers” and the second one “Discount brokers”.
Angel One is part of the list of Top 20 Best Stock Broker Companies in India for Trading. Being an online broker it gave numerous stock exchanges like the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Being one of the top Stock Brokers in India they give you the freedom to buy and sell securities and a user-friendly trading app with real-time market data, charting tools, and a customizable dashboard.
- Hold your securities in electronic form.
- Necessary infrastructure and connectivity
- Budget friend brokerage services
Upstox is the largest and best stock broker company for investment. It offers single accounts for all your investing and trading requirements. As one of the Top 5 share brokers in India, they are effective in searching stocks through smart lists and smart filters. The best among the top 10 stock brokers in India offers the latest news, analyzes charts, and works in depth to find accurate company information to make informed investment decisions.
- Open free of cost Demat + Trading account
- Zero commission on Mutual Funds and IPO
- ₹20 per order on Equity, F&O, Commodity and Currency
Alice Blue is one of the best 20 share brokers in India. You can invest for free and trade at Rupee 15 only. It achieved many awards and certificates like an award from MCX in 2018, NCE in 2021, and BFSI in 2022. The smart and updated trading platform of this among the top 5 stock brokers in India is user-friendly and saves you time.
- Alice Blue ANT MOBI 2.0: Advanced trading App with Superior User Experience, Cutting Edge Technology, and updated Trading functions.
- Alice Blue ANT WEB: Simple, Super Quick & Highly Advanced
- Alice Blue ANT API: Automate your Trades or Build a Trading Platform with Free APIs
The ICICI Direct directly helps you to open a demat account online. It is 27+ years of experience online broker in India. with over 10 million client base it provides 45+ financial products. As one of the top 10 stock brokers in India with their trading app helps you to secure all your data offer track positions and exit from a single screen.
- More than 50% brokerage reduction across all products
- Delivery brokerage as low as 0.1%
- Buy stock and pay later starting at just 9.65% p.a.
- Services across multiple platforms.
SAMCO is one of the Best stock brokers in India that helps you trade better. It provides market sentiment insights to compare your trades on real-time data. Moreover, the SAMCO app offers exclusive features such as My Trade Story, Personal Index, advance watchlist, Fund Manager Comparison, Futures OI Build-up, etc.
- 5,239 Cities Served
- 22 Crore Transactions processed
- 7 Crore Samco News Feed Read
Zerodha is a user-friendly platform in India that was launched in 2010 for investment in stocks, derivatives, mutual funds, and more. With over 10 million clients, they make up +15% of daily retail trading volumes on Indian stock exchanges. They established the concept of discount broking and price transparency in India making it the part of the Top 10 brokerage companies in India.
- Flat fees and no hidden charges.
- ₹20 Intraday and F&O
- Offer a range of services such as Equity, Currency, Derivatives, Mutual Funds & Commodities
- Trades comply with regulatory requirements
5Paisa is derived from IIFL (India Infoline). The top stock brokers in India provide cost-effective stock brokerage in India. It gave a user-friendly updated brokerage platform for its clients to compete with the fast-growing discount broking industry. It has advanced research tools to make smart investment decisions. You can start trading at rupee 20 with 0 commission.
- 33+ lakh happy customers
- 1 Cr+ Download the app
- Actionable Ideas
- Fundamentals & research for 4000+ stocks
Fyers is a technology-focused Top 20 Best Stock Broker Companies in India for Trading. You start your investment in a 0 rupee brokerage. They gave the best margin trading facilities, that allow clients to trade with borrowed funds. To clear your doubts regarding trading accounts and transactions they provide Customer support Services.
- Clean and focused UI
- Boost your F&O trading
- Risk Management
- Best to maintain your accounts
Trade Smart has 20 + years of experience in Stock Markets – NSE/BSE. Trade Smart, among the top 5 share brokers in India is popular for its lowest brokerage Stock trading. It is India’s trusted top discount Broker Company for trading. To achieve your financial aim they offer the best stock brokerage services with the latest stock trading and excellent support.
- Technology platform
- Initial Public Offerings (IPOs)
- Award-winning research services
- Vast Investment Options
Groww is a rapidly growing financial services platform in India. They help users to make the best-informed solutions. They open your demat and trading account online with no fee. All finance transactions are safe and secure, users can invest through SIP or Lumpsum using Netbanking through all supported banks.
- Low-cost trading
- Diverse investment options
- User-friendly platforms
- Innovative tools
HDFC securities offer a seamless online real-time platform to trade and track your stocks, with a smart all-inclusive portfolio. The main headquarter is based in Mumbai and more than 270+ offices and branches across the country.
Shoonya is the full-service broker associated with Finavasia. It is the biggest stock market playground if you are new to trading. Make long-term investments to reduce your risk from market fluctuations.
Kotak Securities is another top 20 Share Brokers in India. It is well popular for its user-friendly trading platforms, innovative tools, vast investment options, low brokerage charges, and strong focus on technology.
- Well Established
- Wide range of branches
- Financial Services
With over 2 million customer base, Sharekhan has been one of the Top 20 Best Stock Broker Companies in India for Trading. It offers a wide range of financial products and services. It is popular for its strong research capabilities and user-friendly platform.
- Risk Management
- Technological Integration
- Continues Improvement
Motilal Oswal has 20+ years of experience in trading and investment. The top stock broker spread over 500+ cities and comprising 2,200+ Business Locations. It offers several investment options such as stocks, mutual funds, and commodities.
- Quality products and services
- Strategic planning
- Social responsibility
India Infoline (IIFL)
India Infoline (IIFL) was founded in the year 1995. It makes a reputed position in the market through transparency and a customer-centric approach. It offers a comprehensive range of financial services and products along with analysis tools.
- wide network of over 4,000+ branches
- spread over 900+ cities
- Well trusted services
SBI Cap Securities (SSL)
SBI Cap Securities is a prominent name in the stockbroking industry. It is known for its low brokerage fees and simple online trading platform that provides a vast range of financial products, including stocks, commodities, and mutual funds.
- Large offline presence
- Advance trading platform
- Expert research advisory
Axis Direct is associated with Ais Bank which offers an established trading platform. It provides a user-friendly interface, research tools, financial products and services, and access to a variety of investment options.
- Financial Stability
- Ethical Practices
- Adaptability and Flexibility
Paytm received approval from the SEBI in 2019. It is the leading online broker that provides an online payments platform (1rupee per day platform charges) offering banking services, mutual funds, SIP, and pension products.
- The big brand with multiple investments
- Fast online accounts
- Lowest on Intraday
Edelweiss is a full-service broker in India known for its lower brokerage fee. It offers various financial services, including equity and commodity trading, mutual funds, investment options, and IPO investments.
- Clear Mission and Vision
- Innovative Culture
- Customer Centric approach