Find here a genuine list of 15 best full-service Stock Brokers in India by the number of active traders/investors Sharekhan, Angel Broking and Motilal Oswal are the top three brokers in India which are giving the best and reliable services to their customers.
In India broking firms primarily work as agents for buying and selling stocks and other financial instruments and take a commission for each transaction done by them.
|Also Read: Top 20 Stock Brokers In India|
Right now the Indian brokerage market going through a wonderful phase with a high growth rate.
In the present time In India, there are two types of Share Brokers Full-service Stock Brokers and online discount brokers.
In this article, I have covered only full-service share brokers for discount stock brokers please read the best discount brokers in India.
Top 15 Full-Service Share Brokers In India 2020
|S.No.||STOCK BROKERS||ACTIVE TRADERS||ACTION|
|2||Angel Broking Ltd.||5,05,144|
|3||Motilal Oswal Financial Service Ltd.||3,50,068|
|4||Karvy Broking Ltd.||2,55,684|
|5||IIFL Securities Ltd.||2,05,171|
|6||Geojit Financial Service Ltd.||1,57,352|
|7||Edelweiss Broking Ltd.||1,20,218|
|8||Reliance Securities Ltd.||1,15,160|
|9||Religare Broking Ltd.||1,08,581|
|10||SMC Global Securities Ltd.||1,07,049|
|11||Nirmal Bang Pvt. Ltd.||90,971|
|12||Marwadi Shares & Finance Ltd.||77,651|
|13||Anand Rathi Share & Stock Brokers Ltd.||73,048|
|14||Ventura Securities Ltd.||71,723|
|15||Aditya Birla Money Ltd.||44,609|
Full-service brokers generally charge % wise brokerage which is costly than the fixed-rate brokerage which is charged by online discount brokers.
Frequently Asked Questions (FAQ)
A full-service broker is a registered stockbroker with SEBI that gives the various types of services to their clients, including advice and research reports, investment planning, tax tips, and many more services.
Full-service Stock Brokers take % wise brokerage which varies from 0.01% to maximum 2.5% depends upon the stockbrokers and their services avail by the customers.
Sharekhan, Angel Broking and Motilal Oswal are the best full-service stockbrokers in India for their best and reliable service to their customers.