Posted on 1st Jan 2015
by TopShareBrokers.com team
With Year-on-Year growth of 43%, India discount Brokers/Flat Rate Brokers/Fix Price Brokers still have immense potential for growth. The active clients for all the stock brokers in NSE India has maintained its year-on-year growth of 12.5% in 2014.Full service brokers are still leading the market with max number of market share with 14% growth YOY (from top 5 full service brokers).Discount broker are growing 3 x faster than the full service broker with the rate of 42% growth YOY. (From top 5 discount brokers). According to trading members report on NSE, the overall active clients for NSE stood at 4.8 million, with 12.5% increase this year(Till Nov 2014) as compared to last year growth. The YoY growth can be attributed to both full service and discount brokers. Back-to-Back volume growth in trading is also being noted due to the strong market sentiments post-election results.
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