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Top 20 Share Brokers In India with highest active clients

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 BrokersNumber of active Clients
1.Angel Broking Private Ltd.7,71,483
2. ICICI Securities Limited5,67,257
3.HDFC Securities Limited.3,90,874
5.India Infoline2,67,998
6.Kotak securities Ltd2,58,634
7.Geojit BNP Paribas financial services ltd.1,74,817
8.KARVY Stock Broking Ltd1,71,504
9.Motilal Oswal Securities Ltd.1,65,397
10.Axis Securities Limited.1,52,540
11.SBI CAP Securities Ltd.1,26,758
12Religare 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.

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