Compare Top 10 Stock Brokers in India 2020
It is the dream of every client to look for stock brokers in India and a brokerage house which has the best team of research and advisory professionals who are capable of predicting the stock performance. Stock advisory and research is just like gambling and just a couple of brokers are capable of predicting the market precisely.
Zerodha, one of the first few and the biggest stock brokers has been in operations since 2010. It has been officially recognised as the first and the most popular discount broker of the country. Apart from offering a competitive pricing strategy, it has also been acknowledged as a pioneer in trading. Zerodha, being a brokerage firm has constantly carried its vision of helping the retail traders and the investors with their investment needs. It’s been now totally dedicated for providing updated and timely knowledge and high-end tools as well as platforms and continuous assistance and that too at a very reasonable fee.
ICICIDirect.com Centre for financial learning or ICFL is the educational initiative of the ICICI securities ltd. It strives to offer state of the art financial learning courses through the most practical and superior learning approaches which help the students and the professionals to attain their goals and traders and investors build an expertise for investing and trading.
With the aim of becoming the number one providers of financial education, they offer high class educational programmes which are focussed on the skill enhancement of the investors and the traders. These programmes help in enhancing the skills of the traders and investors on technical analysis, stock investment and derivatives trade to certificate programme on financial planning and wealth management. They are also the Authorised Education partner for financial planning corporation India Pvt. Ltd. for offering certified financial planner certification.
3. Angel Broking
It is one of the top stock broking and wealth Management Company. It has been revolutionising the whole structure of retail investment in the country with a high tech edge. It is a 30 years young company and it serves the clients across the country with the agility of a start-up, providing a wide range of financial solutions empowered with high tech digitalised technology.
Angel Broking Group is the member of the BSE i.e. Bombay Stock Exchange, NSE i.e. National Stock Exchange and the 2 top Commodity Exchanges in India i.e. MCX and NCDEX. They’re also registered as a DP (Depository Participant) with CDSL.
4. Kotak Securities
Kotak Securities offers a platform to the investors which let the investors control everything. So it is the investor who handles his own investment. With the expert assistance, detailed guidelines and different access points, keep the investors updated about their money and how well it’s performing.
Sharekhan which belongs to BNP Paribas has been in the stock trading market since 2016. It is amongst the first few stock brokers of the country which provide an online trading platform to the investors. It has an extensive customer base, more than 150 branches and 2400+ business partners functioning across 575 locations. It is one of the biggest stock brokers in the country. It offers various savings and investment solutions including futures and options, equity, portfolio management, currency trading, mutual funds and research.
Edelweiss Broking, a part of the Edelweiss Group is one of the leading financial services companies of India. It offers a number of financial products and investment services to a diversified and substantial customer base which includes institutions, corporations and individuals. Edelweiss offers options of trading in the stock market and makes investments across different assets such as F&O, Equity, Mutual Funds, Currency Derivatives and Fixed income products.
7. Motilal Oswal
Motilal Oswal Financial Services Ltd. is a renowned name in the financial services sector. Its partner companies offering services like Private Wealth Management, Institutional Broking, Retail Distribution and Broking, Asset Management, Private Equity, Currency Broking, Commodity Broking, Principal Strategies and Home Finance.
It is the group company of the Motilal Oswal Financial Services Limited. It began its operations as stockbroking firm and since then it has blossomed into a very well-diversified company providing a wide variety of financial services and products.
They have a well-diversified customer base which includes retail clients, foreign institutional clients, mutual funds, corporate clients and financial institutions. Their core purpose is mainly to earn a good name for themselves in the global financial products and services market. They wish to enable wealth creation for their clients. Research is the base on which the organisation’s goals are based. They lay a lot of emphasis on research and employ cutting edge technologies for disseminating it to their clients. Their products have also been acknowledged by media and won a number of prestigious awards.
Being a retail broking client you may trade in Derivatives, Equity, Currencies, Commodities, Mutual Funds, Bonds, Insurance and IPOs through them. You can trade on NSE, BSE, MCX and NCDEX through mobile, web, desktop or call in trade. They began their operations as a stock trading firm but gradually developed themselves into a full-fledged financial services firm which helps the customers in creating wealth.
8. HDFC Securities
HDFC Securities, a subsidiary of the HDFC bank, is one of the top share broking companies of the country. Being a stock brokerage firm, they have successfully completed 18 years of operations, serving a wide customer base of the institutional and retail investors.
5paisa.com is led by IIFL which is one of the top financial services organisations of the country has more than 2.9 million satisfied client base across different business segments.Their extensive experience in financial markets, an in-depth understanding of the needs and expectations of the clients make them the best.
10. Trade Smart Online
Trade Smart Online belongs to VNS finance and follows the same goals of transparency and trust. Having a very strong history in the brokerage business, Trade Smart offers a wide range of financial services to the investors.