Top 10 Stock Brokers [Company] in India

The average daily traded volumes (ADTO) for the equity markets during FY2020 stood at Rs 14.44 lakh crores. Within derivatives, future volumes stood at Rs 13.17 lakh crores. Amongst cash market participants, retail constitutes 52% of total cash volume, institution constitutes 25% of total cash volume and prop constitutes 23%. The proportion of DII within the cash market was 10.1%. List of Top 10 Stock Brokers Company in India So here is that the List of Top 10 Stock Brokers Company in India by active number of Client and Market share. the rise in demat accounts during the year stood at 13% with total number of accounts as on March, 2020 at 4.08 crores.





1. Zerodha Zerodha stock broking is top within the list of stock broking companies in India supported the market share and therefore the number of active clients. Nithin bootstrapped and founded Zerodha in 2010 to beat the hurdles he faced during his decade long stint as a trader. Today, Zerodha has changed the landscape of the Indian broking industry. • Number of Active Clients: 30 Lakh • Market share: V-day He was named one amongst the “Top 10 Businessmen to look at Out for in 2016 in India” by The Economic Times for pioneering and scaling discount broking in India. Over 4+ million clients place various orders daily through our powerful ecosystem of investment platforms, contributing over 15% of all Indian retail trading volumes.



2. Upstox • Number of Active Clients: 16.3 Lakh • Market share: 4 % Upstox is one among India’s fastest-growing brokers. A fast, reliable and easy-to-use trading platform with paperless account opening. The name Upstox and logo are the registered trademarks of RKSV Securities India Pvt. Ltd. The cost-effective brokerage plans make Upstox a trustworthy and reliable online stockbroker.





3. ICICI Direct ICICI Securities Limited (I-Sec) may be a subsidiary of ICICI Bank Ltd. the corporate began its operation in May 1995 and continues to grow its operation through expanding its client base and providing different style of services. I-Sec operates www.icicidirect.com, a virtual financial supermarket, meeting the three need sets of its clients – investments, protection, and borrowing. Through its four lines of companies — broking, distribution of economic products, wealth management, and investment banking– I-Sec serves customers starting from the retail and institutional investors to corporates to high net-worth individuals to government. • Number of Active Clients: 12.9 Lakh • Market share: 3.2 % I-Sec is registered with the Securities and Exchange Board of India (SEBI) as a Stock Broker, Merchant Banker, Portfolio Manager, investment advisor and Research Analyst. It is also registered as Corporate Agent with the Insurance Regulatory and Development Authority of India (IRDAI) and Point of Presence (POP) with the Pension Fund Regulatory and Development Authority of India (PFRDA) for distribution of National Pension Scheme (NPS).

4. Angel Broking

Angel Broking is one amongst the most important retail broking houses in India in terms of active clients on NSE as of June 30, 2020 (Source: CRISIL Report).

The company a technology-led financial services company providing broking and advisory services, margin funding, loans against shares (through one amongst our Subsidiaries, AFPL) and financial products distribution to our clients under the brand “Angel Broking”.

The company broking and allied services are offered through

(i) Online and digital platforms, and

(ii) Network of over 11,000 Authorised Persons (the “Authorised Persons”), as of June 30, 2020.

The customer outreach, spans across approximately 96.87% or 18,649 pin codes in India as of June 30, 2020. the corporate manage ₹ 132,540 million in client assets and over 2.15 million operational broking accounts as of June 30, 2020.

• Number of Active Clients: 12.2 Lakh

• Market share: 3 %

Angel Broking Limited (formerly called Angel Broking Private Limited) could be a member of the Bombay exchange (BSE), National exchange (NSE), Metropolitan securities market of India (MSEI), NCDEX & MCX. Angel Broking Limited (formerly called Angel Broking Private Limited) is additionally registered as a Depository Participant with CDSL.

 

 

5. HDFC Securities

HDFC Securities is one in all the leading stock broking companies in India, and a subsidiary of HDFC Bank- a renowned private sector bank. As a stock broking company, the corporate has been serving a various customer base of retail and institutional investors, since 2000.

The Brand offer a collection of products and services across various asset classes, like equity, gold, debt and land. Be it stocks, derivatives, mutual funds, fixed deposits, NCDs, insurance, bonds, currency derivatives, we've a product that suits each of your investment needs.

• Number of Active Clients: 8.9 Lakh

• Market share: 2.2 %

 

You have the choice to trade via multiple platforms, namely online, mobile, telephone or through branches. These platforms make your trading experience extremely convenient and seamless

 

You can even place an order for an IPO / NCD online via your trading account. there's no have to issue cheques or delivery instructions. 4-in-1 Advantage account allows you to seamlessly move funds and securities within savings, demat and trading accounts.

The company may be a subsidiary of HDFC Bank – a prominent private sector bank in India. With a decade of experience in trading and a rating of A1+1, we've a proven pedigree within the financial services industry.

 

6. 5paisa Capital

5Paisa capital is one amongst the leading stock broking company in India which is among the list of top 10 stock broker in India.

• Number of Active Clients: 7.9 Lakh

• Market share: 1.9 %

 

The 5paisa Capital team is stuffed with young talented engineers, professionals, tech geeks, market wizards and more, who exerting to bring you a higher experience each day!. The brand make trade possible by bringing you technology driven solutions that enable you to take a position at a lower cost.

 

 

 

7. Kotak Securities

Kotak Securities was founded in 1994 as a subsidiary of Kotak Mahindra Bank and is proud to be the nation’s best broker* today. the corporate has 17 Lakh customer accounts and Over 8 Lakh trades per day.

The company national footprint is 1,539 branches, franchisees and satellite offices and cater to customers from 393 cities across India.

The company is corporate members with the Bombay Stock Exchange(BSE) and also the National Stock Exchange(NSE). The brand also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).

• Number of Active Clients: 6.9 Lakh

• Market share: 1.7 %

Trading the markets has never been very easy. Kotak trading platforms ensure you catch the market action live across every device of your choice. they're built for speed, performance and a seamless trading experience.

Kotak bargainer may be a widely used mobile trading app for trading within the Indian exchange. Tap and trade wherever you're with Kotak dealer. To win consistently within the markets, you would like to be well-prepared. Here’s a classy trading terminal that helps savvy traders get a grip within the stock exchange.

 

8. Sharekhan Ltd

With 20 Years into the market, 2.0 million customers, 3200 Shareshops and 541 cities, we've always valued our entrepreneurs & we believe that sub brokers have evolved into a successful entrepreneur.

Investment in equities has many advantages. one in every of the simplest avenues for future wealth creation whereas derivate helps you leverage on anticipated market movements & acts as a hedging tool to attenuate your risk.

• Number of Active Clients: 6.3 Lakh

• Market share: 1.6 %

An imminent asset class to diversify your Investments. the corporate offers wide spectrum of investment schemes from all top open-end investment company houses. Secure recurring investments by investing in Systematic Investment Plan in investment company of your choice.

Gone are the times when currency was an exclusive trading instrument for some financial institutions, corporates and hedge funds. With greater global interdependence and increase in international trade and financial awareness, the currency market offers a replacement avenue for trading. As a trader, currency markets are a lucrative investment option wherein you'll spot opportunities and make the most of the volatility arising in global markets.

 

 

 

9. Motilal Oswal Stock Broking

Research and advisory form the inspiration of the company’s broking services. Brokerage serves participants across FIIs, domestic institutions, HNIs and retail. This business comprises of two distinct units –

• Retail Broking & Distribution and

• Institutional Equities.

Retail Segment: Services offered include equities, derivatives, commodities, currency, depository services, distribution of investments products like portfolio management services, mutual funds, primary equity offerings and other investment products.

• Number of Active Clients: 5 Lakh

• Market share: 1.3 %

Motilal Oswal Asset Management Company Ltd. (MOAMC): PMS (Registration No.: INP000000670); PMS and Mutual Funds are offered through MOAMC which is group company of MOFSL.

 

Motilal Oswal Wealth Management Ltd. (MOWML): PMS (Registration No.: INP000004409) is obtainable through MOWML, which could be a group company of MOFSL.

 

 

 

10. Axis Direct

Axis Direct may be a brand under which Axis Securities Limited offers its retail broking and investment services. Be an element of investment action by investing in IPOs online through AxisDirect. Minus the hassles & paperwork.

Make faster, smarter and better trading decisions with AxisDirect. Harness the facility of the equity stock markets by empowering yourself with our quality research, advanced tools & powerful platforms.

• Number of Active Clients: 4.2 Lakh

• Market share: 1.1 %

Whether you’re an equity trader unaccustomed derivatives trading or a seasoned veteran, we are able to facilitate your pursue trading strategies with powerful trading platforms, right research and therefore the education you would like.

Invest in Exchange Traded Funds and acquire the chance to intelligently create diversified portfolios even with small amounts.