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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 -36020743602074Enquire
2UpstoxUpstox ranked number 2 in India with active clients - 21410952141095Enquire
3ICICIDirectICICI Securities ranked number 3 in India with active clients - 15802331580233Enquire
4Angel BrokingAngel Broking ranked number 4 in India with active clients - 15646671564667Enquire
5HDFC SecuritiesHDFC Securities ranked number 5 in India with active clients - 957085957085Enquire
65paisa5paisa ranked number 6 in India with active clients - 870405870405Enquire
7Kotak SecuritiesKotak Securities ranked number 7 in India with active clients - 743206743206Enquire
8SharekhanSharekhan ranked number 8 in India with active clients - 679333679333Enquire
9Motilal OswalMotilal Oswal ranked number 9 in India with active clients - 564034564034Enquire
10AxisDirectAxis Direct ranked number 10 in India with active clients - 454882454882Enquire

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Last updated on 11-May-21


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