Top Share Brokers in India 2024 (Top 20 Stock Brokers) (2024)

Top Share Brokers in India 2024 (Top 20 Stock Brokers) (1)

A real list of top stock brokers in India 2024 by number of active clients in 2024. Groww is the top stock broker among all brokers in India. Groww is followed by Zerodha, Angel One, Upstox, and ICICIdirect.

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Best Stock Market Traders in History: Who are they, BackgroundHere's How Billionaires Buy StocksBest Online Brokers And Trading Platforms Of April 2024Best Online Brokers and Trading Platforms of 2024

There are 20 top stock brokers who have more than 1 lakh active clients. The list of top stock brokers in India, ranked by year, also provides information about the current number of active clients with the brokers. Here is the ranking of top online brokers 2024

Share brokers are authorized members of the stock exchanges (i.e. BSE, NSE). They execute trades on behalf of the customers at the exchange. There are 100's of registered stock brokers in India offering stock trading to retail customers. At high-level, the most famous stock brokers in India are categories in 2 types:

  1. Full-services brokers
  2. Discount Stock Brokers

Full-service brokers offer a wide range of services including stock trading, research and advisory and local support. Discount stock brokers are online brokers specialized only in stock and commodity trading services. They do not offer add-ons like research and advisory, PMS, wealth management and branch support.

The most popular stock brokers in the full-service category include ICICI Direct, Sharekhan, HDFC Securities, Sharekhan, Angel One and Axis Bank. The most famous stock brokers in discount broker category include Zerodha, 5paisa and upstox.

Note:

  • The data for this report is compiled from BSE and NSE stock exchanges.
  • The best broker ranking is updated every month.
  • Click on the broker name to read broker review.
See Also
The Biggest Stock Brokerage Firms in the US
Top Share Brokers in India 2024 (Top 20 Stock Brokers) (2024)

FAQs

Top Share Brokers in India 2024 (Top 20 Stock Brokers)? ›

Best Overall - Zerodha

Zerodha, a top discount broker, excels in trading and demat account services. Positive reviews, a user-friendly interface, affordable fees, diverse investment options, and useful features like technical indicators and advanced charting tools make it the best choice overall.

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Who is the most successful stock broker in India? ›

Top 10 Traders In India 2024:-
RankTrader Name
1Premji and Associates
2Radhakrishnan Damani
3Rakesh Jhunjhunwala
4Raamdeo Agrawal
6 more rows
4 days ago

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Which is best international stock broker in India? ›

Which are the best online brokers in India?
  • Interactive Brokers - Low trading fees and high interest on cash balances. Wide range of products. Many great research tools.
  • Saxo Bank - Great trading platform. Outstanding research. ...
  • NinjaTrader - Low trading fees. Great platform and research. ...
  • CMC Markets - Low forex fees.
Mar 28, 2024

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What are the top 10 offline brokers in India? ›

10 Best full-service brokers in India 2023 - Most Popular
BrokerClientsClient Share
ProstocksBest broker offering Monthly Plan @899.
ICICIDirect18,45,2024.53%
Kotak Securities12,08,9482.97%
Motilal Oswal8,79,6292.16%
6 more rows

Learn More Now ›
Which broker has the best charts in India? ›

Best Overall - Zerodha

Zerodha, a top discount broker, excels in trading and demat account services. Positive reviews, a user-friendly interface, affordable fees, diverse investment options, and useful features like technical indicators and advanced charting tools make it the best choice overall.

Learn More Now ›
Who is the biggest stock broker in India in 2024? ›

Top 20 Share Brokers in India 2024
RankBrokerActive Clients
ProStocks-
1Groww9,185,024
2Zerodha7,223,525
3Angel One5,983,067
17 more rows

Keep Reading ›
Who is the richest trader in India? ›

Top 10 Traders in India
PositionTop Traders in India
1Premji and Associates
2Radhakrishnan Damani
3Rakesh Jhunjhunwala
4Raamdeo Agrawal
6 more rows
Feb 16, 2024

Read On ›
Which broker is No 1 in India? ›

zerodha: Groww surpasses Zerodha, becomes number one broker in terms of active clients - The Economic Times Video | ET Now.

Get More Info Here ›
Which broker is best for NRI in India? ›

Zerodha and Prostocks are the two best NRI discount brokers in India. Prostock is the low-cost NRI trading broker that charges Rs. 100 flat brokerage on NRI trading while Zerodha charges Max Rs. 200 per order brokerage.

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Which stock broker is safe in India? ›

Which is the safest broker in India? A. Safety in brokerage is often associated with factors like reliability, regulations, and customer trust. Brokers like ICICI Direct, HDFC Securities, and Kotak Securities have been known for their reliability and strong regulatory compliance.

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Which broker do big investors use in India? ›

The top 10 stock brokers in India include well-known names such as Zerodha, ICICI Direct, HDFC Securities, Upstox, Sharekhan, Angel Broking, Kotak Securities, Motilal Oswal Financial Services Ltd., Axis Direct, and 5Paisa.

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Which broker is legal in India? ›

Brokers like HDFC Securities, ICICI Direct, and Kotak Securities are examples of SEBI-registered brokers that offer forex trading services. Banks: Many major banks in India, such as ICICI Bank, HDFC Bank, Axis Bank, and State Bank of India, offer forex trading services to their customers.

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What is the most trusted stock broker? ›

Summary of the best online brokers:
  • Fidelity Investments.
  • Interactive Brokers.
  • Charles Schwab.
  • Webull.
  • J.P. Morgan Self-Directed Investing.
  • Robinhood.
  • SoFi Active Investing.
  • E*TRADE.

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Who is the largest stock broker in India? ›

Groww has overtaken Zerodha to become India's largest stockbroker with a substantial 66.3 lakh active clients, surpassing Zerodha's 64.8 lakh, as per NSE data. In March 2021, Groww had only 7.8 lakh active clients.

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Who is India's number one trading? ›

Top 10 Traders in India
RankTrader Name
1Premji and Associates
2Radhakrishnan Damani
3Rakesh Jhunjhunwala
4Raamdeo Agrawal
6 more rows
Jan 19, 2024

Explore More ›
Who is the richest stockbroker in India? ›

5 Most Richest Stock Investors in India
  • Radhakishan Damani. Being one of the richest stock investors in the country, Radhakishan Damani's portfolio as of September 2022 was ₹193,527 Cr. ...
  • Rakesh Jhunjhunwala. ...
  • Raamdeo Agrawal. ...
  • Mukul Agarwal. ...
  • Porinju Veliyath. ...
  • Conclusion. ...
  • FAQs.

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Which is India's No. 1 demat account? ›

Best Demat Accounts In India #1 – Zerodha

It provides the option of 3-in-1 accounts, which means investors can use it to store securities, trade, and as a savings account for funds. Zerodha allows users to trade, invest and pledge securities for margins as well. This includes stocks, ETFs, mutual funds, IPOs, etc.

Learn More ›
Who is the king of stocks in India? ›

Rakesh Jhunjhunwala

Learn More Now ›

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