Every stock broker wants highly active traders because they are highly coveted clients. They generate more revenue for brokers each year. Today I am giving you information about top 20 stock brokers with highest number of active traders. This guide will give you an Idea about which brokerage firm has highest number of active investors in their database. As per data updated on 31st Dec. 2016 on National Stock Exchange website show there are total 52,07,633 active trader for all the stock brokers of the exchange.
ICICI Securities ltd., HDFC Securities ltd. and Sharekhan are the top three stock brokers, with 567257, 390874 and 342590 customers respectively. As per experts ICICI securities and HDFC securities have clients sourced from their parent Bank
This list has not included data of BSE and other regional stock exchanges some investors trade only in BSE or in regional stock exchange.
The following top 20 stock brokers have highest number of active traders
|S.No.||Stock Brokers||Number of active Clients|
|1.||Angel Broking Private Ltd.||7,71,483|
|2.||ICICI Securities Limited||5,67,257|
|3.||HDFC Securities Limited.||3,90,874|
|6.||Kotak securities Ltd||2,58,634|
|7.||Geojit BNP Paribas financial services ltd.||1,74,817|
|8.||KARVY Stock Broking Ltd||1,71,504|
|9.||Motilal Oswal Securities Ltd.||1,65,397|
|10.||Axis Securities Limited.||1,52,540|
|11.||SBI CAP Securities Ltd.||1,26,758|
|12||Religare Securities Limited.||1,23,879|
|13.||Reliance Securities Ltd.||1,06,273|
|14.||Edelweiss broking Ltd.||77,386|
|15.||Smc global securities Ltd.||64,757|
|16.||Nirmal bang securities pvt. Ltd.||61,573|
|17.||Anand rathi share and stock brokers Ltd.||58,695|
|18.||Ventura securities Ltd.||58,074|
|20.||Indiabulls ventures Ltd.||40,510|
For investors and traders choosing a stock broker is one of the very important decisions they makes as an investor. Every trader has their own style of trading so it is necessary to determine which broker will fit them. Every stock brokers try to gives something different services to make them unique to their competitors.