Do you want to start investing and looking for best stock broker in India? As we all know that the Indian stock market is one of the biggest and fastest-growing in the world. With over 6,000 listed companies and a market capitalization of over $3 trillion, it offers investors a wide range of opportunities.
As per the last updated information, around 4,812 stock brokers in India are registered with SEBI (SEBI statistics as of March 7, 2022). But from the list, only a few are listed on the Stock Exchange.
So, it is not that easy to choose the best Indian stock market broker. Still, there are some more popular and well-known names that we can count on. In this blog, we will share some of the top stock brokers in India. You can give them a try.
Table of Contents
Some of the Best Stock Brokers in India
Find below the list of some well-known stock brokers in Indian stock market-
Zerodha
Zerodha is the largest stockbroker in India by number of clients. It offers zero brokerage on equity delivery trades and flat Rs.20 per trade for all other segments.
Upstox
Upstox is another popular discount stockbroker in India. It offers zero brokerage on equity delivery trades and flat Rs.20 per trade for all other segments.
Angel One
Angel One is a full-service stockbroker that offers a broad range of services, along with research and advisory, wealth management, and branch support. It charges brokerage charges based on the value of the trade.
ICICI Direct
ICICI Direct is another full-service stockbroker that offers a wide range of services. It charges brokerage charges based on the value of the trade.
Kotak Securities
Kotak Securities is another full-service stockbroker that offers a wide range of services. It charges brokerage charges based on the value of the trade.
Factors to consider while selecting the best broker in India
When choosing a stockbroker in India, there are a number of factors we need to consider. Some of them are listed below:
Brokerage charges
Brokerage charges vary from broker to broker, so it’s important to compare rates before choosing one.
Research and advisory
Some brokers offer research and advisory services to their clients, while others don’t. If you’re new to stock investing, you may want to choose a broker that offers these services.
Trading platform
The stock trading platform is the software that you’ll use to place and manage your trades. It’s important to choose a broker with a trading platform that is easy to use and has all the features you need.
It is advisable to try different platforms and decide which suits you best. Here is the list of the top 10 trading apps in India; you can try them.
Customer support
Good customer support is important, especially if you’re new to stock investing. Make sure to choose a broker with a good reputation for customer service.
Final words about the best stock broker in India
Ultimately, the best stock broker for you will depend on your individual needs and preferences.
Consider the factors mentioned above and compare different brokers before making a decision.
Note*: All the shared information is only a personal thought based on our personal thoughts and experience. Any taken decision is solely your personal choice and responsibility.
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