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Top 10 Stock Brokers in India


The list of Top 10 Stock Brokers in India is prepared with the current data available on the NSE website with active customers. This list covers both full-service brokers and discount brokers. As we can see Zerodha is the most popular stock broker since they hold maximum active traders.  There is around 250+ stock brokers, where an approx 60% active clients belongs from Top 10 Stock Brokers. If we do deeper dive, around 25 lakh active clients from discount brokers and approx 30 lakh active clients are from full-service brokers. This analysis is from Jan 2020 data.

Top 10 Stock Brokers in India-Report

seq Broker Name Detail Active Clients Invest Now
1ZerodhaZerodha ranked number 1 Broker in India with active clients -15989481598948Enquire
2ICICIDirectICICI Securities ranked number 2 in India with active clients - 10819601081960Enquire
3HDFC SecuritiesHDFC Securities ranked number 3 in India with active clients - 726197726197Enquire
4UpstoxUpstox ranked number 4 in India with active clients - 675551675551Enquire
5Angel BrokingAngel Broking ranked number 5 in India with active clients - 629260629260Enquire
6Kotak SecuritiesKotak Securities ranked number 6 in India with active clients - 583482583482Enquire
7SharekhanSharekhan ranked number 7 in India with active clients - 547950547950Enquire
85paisa5paisa ranked number 8 in India with active clients - 489661489661Enquire
9Motilal OswalMotilal Oswal ranked number 9 in India with active clients - 385535385535Enquire
10AxisDirectAxis Direct ranked number 10 in India with active clients - 271990271990Enquire

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Last updated on 27 May 20


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