15 Popular & Best Broking Firms In India

Indian Capital Market is One of the oldest stock market in Asia. In India broking firms primarily work as agents for buying and selling of stocks and other financial instruments and take commission for each transactions done by the them. Right now Indian brokerage market going through wonderful phase with high growth rate.

In Indian stock market currently having 24,046,229 investor’s Accounts as per data 31 August 2015 (NSDL + CSDL ).  The Indian stock market expecting to exceed 30 million  Investor by 2016.

A new investor always get confused for open a DEMAT & Trading account. Here I am giving list of India’s 15 Most Popular & Best Broking Firms in India in the view of giving best and reliable services in PAN India.

IIFL1. India Infoline Limited : IIFL was co-founded on OCT  1995 by Mr. Nirmal Jain & Mr. R. Venkatraman IIFL is presently servicing 20,00,000 customers in with 4000 business outlets in 900 cities. Apart from India they also have presence in 8 other countries – USA,  UK, Switzerland, Singapore, Hong Kong, Dubai, Sri Lanka  and  Mauritius.

Also Read : Account Opening fee & Brokerage of India Infoline (IIFL)

sharekhan2. Sharekhan Limited : Founded in FEB 2000 by Mr. Shripal Morakhia as a online trading portal presently Sharekhan has its presence in PAN India with over 1500 outlets serving 10,00,000 + customers across more then 450 cities  Sharekhan also has international presence through its branches in the UAE and Oman.

Also Read :  What Is A Stock Exchange?

Also Read : Account Opening fee & Brokerage of Sharekhan

Kotak_Securities_Logo3. Kotak Securities Limited: It is a subsidiary of Kotak Mahindra Bank and one of the oldest broking houses in India founded in 1994 by Mr. Uday Raj Kotak.  Presently Kotak Securities has its presence with 1157 branches in 367 cities across India and serving 9,33,000 customers.

Also Read : Account Opening fee & brokerage of Kotak Securities

icici-logo4. ICICI Securities Ltd : ICICI Securities Ltd. is a subsidiary of  ICICI Bank it has its head office in Mumbai and operates in 66 cities & towns in India and global offices in New York, Singapore and Oman.

Also Read : Account Opening fee & Brokerage of ICICI Direct

logoA5. Angel Broking Limited : Angel Broking Ltd. was founded in 1987. Today  Angel has emerged as one of the most respected Wealth Management Companies  in India.

Also Read : Account Opening fee & Brokerage of Angel Broking

MO_DS_Logo_old6. Motilal Oswal Securities Ltd. : MOSL was  founded in 1987. As per September 2014 MOSL is servicing 820,025 registered customers  with 1,657 Business Locations in 517 cities and towns.

Also Read : Account Opening fee & Brokerage of Motilal Oswal

reliance-securities-logo7. Reliance Securities: Reliance Securities is the broking arm of Reliance Capital. Reliance Securities is presently servicing 7,00,000 + registered customers  with 1700 Business Locations in Pan India.

Also Read : Account Opening fee & Brokerage of Reliance Securities

8. Bonanza Online: Bonanza is a financial powerhouse!  Established in 1994. Bonanza has its PAN India presence with more then 1800 outlets spread across more then 560 cities in India.

Also Read : Account Opening fee & Brokerage of Bonanza

Also Read :  Should you trade or invest in shares ?

geojit9. Geojit BNP Paribas : Geojit BNP Paribas is  leading retail financial services provider in PAN india. Currently Geojit BNP paribas has 7,50,000+ happy customers with 480 branches in India.

Also Read : Account Opening fee & Brokerage of Geojit BNP Paribas

bajajcapital10. BAJAJ CAPITAL: Bajaj Group was founded by a Lawyer Mr K K Bajaj, in 1964. Bajaj Capital has more then  150 offices in 77 cities across  PAN India & serves over 8,00,000 clients on 03rd January 2008 Bajaj Capital started its Online Investment services under the brand name of JustTrade for investors who wish to transact online across Equity,  IPOs & Mutual funds.

Also Read : Account Opening fee & Brokerage Bajaj Capital

hdfc11. HDFC Securities: HDFC Securities is one of the leading bank promoted stock broking companies in India a subsidiary of HDFC Bank . As a stock broking company,They have completed 15 years of operation. They offer a suite of products and services across various asset classes such as equity, derivatives,currency derivatives,fixed deposits, mutual fund, gold,insurance, bonds, debt and real estate.

SBICAPCorpSupp12. SBICAP Securities: SBICAP Securities Ltd. started its operations in the first quarter of financial year of 2006-2007. SBICAP Securities Ltd.  is broking arm of the State Bank Group & a wholly owned subsidiary of SBI Capital Markets Ltd.

indiabulls13. Indiabulls Ventures Limited: Formally known as Indiabulls Securities Ltd. is leading Financial services company provide broking and advisory services.

Also Read : Account Opening fee & Brokerage of Indiabulls

Also Read :  How to sell a Share which you don't have/ Shorting of stock

aditya-birla-money14. Aditya Birla Money: Aditya Birla Money having a strong presence across the  retail broking, asset management,private equity,  life insurance, wealth management and general insurance broking businesses. Aditya birla money has has a nationwide presence through 1,500 points and trusted by over 5.5 million customers.

Also Read : Account Opening fee & Brokerage of Aditya Birla Money

SMC15. SMC Global Securities Limited:

Also Read : Account Opening fee & Brokerage of SMC Global

Also Read : How To Select Best Stock Broker ?


SUJIT KUMAR has written 68 post in this blog.

Sujit Kumar has 5+ Years of experience In Indian Stock market as a professional Trader & He has worked with Angel Broking Ltd. & IndiaNivesh Pvt. Ltd. as a Relationship Manger for 2 Years. Currently He is working as freelance Investment Adviser.


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