15 Best Full-Service Stock Brokers In India

Find here a genuine list of 15 best most trusted full-service Stock Brokers in India by the number of active traders/investors. Angel Broking, Sharekhan, and Motilal Oswal are the top three full service brokers in India which are giving the best and reliable services to their customers.

Indian Capital Market is One of the oldest stock markets in Asia. Indian stock market currently having 4,30,24,362 investor’s Accounts as per data updated on 30 June 2020 (NSDL + CSDL ).

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.

15 full-service stock brokers in India
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 Share Brokers and online discount brokers.

In this article, I have covered only the most trusted full service share brokers for discount stock brokers please read the best discount brokers in India.

And I have also not included the bank promoted stock broker in this list. Because their customer sources are their parent’s bank. And they don’t put much effort like full service stock broker and discount broker to acquire a new customer.

I have posted a separate article for Top 10 Bank Promoted Shares Brokers In India.

upstox offer

Top 15 Full-Service Stock Brokers In India 2020

S.No.STOCK BROKERSACTIVE TRADERS
1Angel Broking Ltd.7,66,811
2Sharekhan Ltd.5,63,191
3Motilal Oswal Financial Service Ltd.4,12,137
4IIFL Securities Ltd.2,34,856
5Karvy Broking Ltd.1,95,465
6Geojit Financial Service Ltd.1,68,854
7Edelweiss Broking Ltd.1,35,450
8Reliance Securities Ltd.1,18,865
9SMC Global Securities Ltd.1,17,618
10Religare Broking Ltd.1,14,003
11Nirmal Bang Pvt. Ltd.1,03,547
12Marwadi Shares & Finance Ltd.84,639
13Ventura Securities Ltd.78,280
14Anand Rathi Share & Stock Brokers Ltd.74,118
15Aditya Birla Money Ltd.46,343

This list of full-service stock brokers in India has not included data of the Bombay Stock Exchange and any Regional Stock Exchange. Some investors prefer to trade in the Bombay Stock Exchange and In regional stock exchange.

Full-Service stock brokers constantly loosing their active clients after introducing the Discount brokerage concept in India. As now maximum people want to trade online only because of this to save brokerage they are trading with discount brokers.

Angel Broking is the first full-service Stock Broker in India who introduced the same brokerage structure that is charged by maximum online discount stock brokers. Angel Broking is now the cheapest full service broker in India.

Also Read: Best Discount Brokers In India

Frequently Asked Questions (FAQ)

What is a Full-Service Share Broker In India?

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.

What is the brokerage of full-service Stock Brokers?

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.

Which is the best full-service share broker in India?

Sharekhan, Angel Broking and Motilal Oswal are the best full-service stockbrokers in India for their best and reliable service to their customers.

What is diffirence between Full-service Broker & Discount Broker

Full-service brokers generally charge % wise brokerage which is costly than the fixed-rate brokerage which is charged by online discount brokers.

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Sam
Sam
8 years ago

Any one know about ZERODHA stock broker. They are offering flat Rs. 20 per trade irrespective of volume…… best option for volume traders………….

Suman
Suman
8 years ago
Reply to  Sam

Zerodha is Above Average. it does not offer DP Services and Dem-at has to be opened with IL&FS. or you can link Existing DEMAT Account DP Charges of IL&FS are high and services are poor. SO,Finally the deal turns out to be expensive 🙂

C Srinivasan
C Srinivasan
8 years ago
Reply to  Sam

RKSV Securities offers flat monthly brokerage of Rs. 1947 per month. You can trade hundreds of options and futures. Cost per trade will work no more than 15 paise. Among the brokers that I have been with for the last 3 years, this is quite good. Bye-the-bye I am not a business man, but only a salaried employee. I notice that over 95% of innocent people lose in the stock market. With my trading experience, I have developed over dozen trading techniques which I can share with any interested person.

Raju
Raju
7 years ago
Reply to  C Srinivasan

Hi Srinivasan,

Thanks for the generous offer to share your knowledge (over dozen trading techniques). Please send them.

Thanks
Raju

Vajendar.B
Vajendar.B
7 years ago
Reply to  C Srinivasan

Dear srinivasan,
can you explain about this broker & how much tax involved for trading.
Also can you share your trading techniques to me.
thanks & regards
vajendar

Anandh
Anandh
7 years ago
Reply to  C Srinivasan

Can you share the technique?

desy dd
desy dd
7 years ago
Reply to  C Srinivasan

kinlivery of equitydly share yr trading strategy would b highly obliged.am interested only in day trading n day trading n delivery of equity. dd

devraj
devraj
7 years ago
Reply to  C Srinivasan

please share your trading ideas .

MURALI
MURALI
7 years ago
Reply to  C Srinivasan

Please let me know the details of trading techniques which u want to share as iam a new comer in the industry.

Naveen vijayran
Naveen vijayran
7 years ago
Reply to  MURALI

plz let me know the trading techniques in stock market which u want to share as i m a new corner in industry my contct num is 09540506898

Manish Kumar
Manish Kumar
6 years ago
Reply to  MURALI

Hi Sujit , could you please let me know who would be the best broker for me as I m new to this market.I m looking for trading and investment both.How can I earn money in share market..
Manish – 8447496492../Thanks,…

ravi
ravi
6 years ago
Reply to  MURALI

hi i want to invest in equities in long term?

rishabh
rishabh
6 years ago
Reply to  MURALI

i want to know shere market step by step
and which is best broker in india?
plzzz explain me widely
my no. 9161318878

sunil kumar
sunil kumar
5 years ago
Reply to  MURALI

tell me about sharemarket

Ravi Mehta
Ravi Mehta
4 years ago
Reply to  MURALI

My number is 8884014848…Please let me know good trading platform… and good broker who can provide me good calls… Currently I have Zerodha….they don’t provide call…but zerodha is good for everything else

Tabrez
Tabrez
4 years ago
Reply to  MURALI

Dear Sujeet

I have seen ur article and will be looking for professional manager FIRM to manage account my only intension to have monthly type income can you suggest something which can be done by any professional fund manager

please guide

regards

Tabrez

Ranu Singh
Ranu Singh
7 years ago
Reply to  C Srinivasan

Dear Abhay,
If you want to know more about stock market, get connected with me on” [email protected]“.

Rajagopal
Rajagopal
7 years ago
Reply to  C Srinivasan

Hi,
Please send the techniques to my email [email protected] . I will be grateful to you.

Regards
Rajagopal

Noel
Noel
7 years ago
Reply to  C Srinivasan

Dear Mr. Srinivasan,

I would like to know more about RKSV securitiies. Please let me know some techniques about share trading. Im a newcomer and have been incurring huge losses.
Email : [email protected]

Thanks and regards
Noel

Jyothi
Jyothi
6 years ago
Reply to  C Srinivasan

Hi

Happy to hear from you. can you tell one technique in trading.

deepak
deepak
6 years ago
Reply to  C Srinivasan

dear sir,
i want discussion with you

sameer
sameer
6 years ago
Reply to  C Srinivasan

Dear Mr, Srinivasan,
can you please share the techniques.
thanks
sameer

rajender
rajender
5 years ago
Reply to  C Srinivasan

Help trading account open rksv

sachinon
sachinon
4 years ago
Reply to  rajender

call me dear i will give u best trading information

Murali
Murali
3 years ago
Reply to  C Srinivasan

Hi Mr.Srinivasan, thanks for offering your experience & knowledge
of share trading & the dozen techniques. Pls guide & help me if you can.
My mobile no is 99400-84147 & my mail id : [email protected].
Expecting your kind call. Lost heavily all of my hard earned money due to the poor,
worst services by the brokers.
Murali

Satyanarayana
Satyanarayana
2 months ago
Reply to  C Srinivasan

Please sir do reply me 8249790946

Mangesh Thorat
Mangesh Thorat
7 years ago

Friends, I am having my equity & commodity trading account with CD Equisearch through its franchisee. I’d like to mention I am quiet satisfied with their service & brokerage deals. Get in touch with him for best deals.

desy dd
desy dd
7 years ago

AWAITING YR TRADING STRATEGY DETAILS WHICH YOU WOULD LIKE TO SHARE THANKS

kalpesh
kalpesh
7 years ago

hi its really a great website

Raman
Raman
7 years ago

I Trade with Apollo Money. Their services also good

Dhananjay
Dhananjay
7 years ago

Angel Broking is a very good broking firm……
They provide four platforms for online trading…
And even they provide a Sub-Broker for offline trade….
Brokerage is negligible depending on your investment.
For Ex:- If you provide an Investment of Rs.1,75,000 then You would be charge 0.01Rs. Intraday and 0.10Rs in Delivery…

Dhananjay
Dhananjay
7 years ago
Reply to  Dhananjay

For more information You can contact me on this no. 8291066101

francis
francis
7 years ago
Reply to  Dhananjay

Angel is the worst. Once they sent me my money without informing me and then I did not received it for many months and then they again deposited in My angel account. Then they call to tell me buy certain shares but if they are going down they dont bother to communicate. Third the last time they bought for me shares which was quite higher than the margin money and that is why I had to sell it the very next day incurring a heavy loss. Their tips are never succesful

guru
guru
5 years ago
Reply to  francis

really it is very worst i suffered a lot in angel broking.please dont join.they will say less brokerage,but hidden charges are more.they never tell.The company is growing with most of un trained people.oh god. please dont join with angel pls

guru
guru
5 years ago
Reply to  Dhananjay

brokerage are less but hidden charges are more and in experienced people

Gaurang H Motta
Gaurang H Motta
7 years ago

IIFL Premia has the lowest trading charges anyone can imagine, with a quality team base and all investment options under one basket – equity,commodity, MF,real estate etc. I am ver satisfied with them !!

Seenivas
Seenivas
7 years ago

Any idea about SBICAP Securities

akanksha
akanksha
7 years ago

can anyone suggest me any good project which i can do in summer internship in kotak securities

Rajan
Rajan
7 years ago

Dear friends,

LKP Securities is really flexible,they r giving best business support and also sharing if u want to start franchisee, join the LKP securities

moza
moza
7 years ago

indiabulls is a very good brokerage firm and their employees have alot of knowledge regarding stock markets and stock trading.Contact to open your account with indiabulls @ lowest possible brokerage and start earning money.

Mr. Carl Abrahamsson
Mr. Carl Abrahamsson
7 years ago

Dear Sir/Ma

Description
We offer fresh cut bank instrument for lease/sale, such as BG, SBLC, MTN, Bank Bonds, Bank Draft, T strips and others. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options. This offer is opened to both those and corporate bodies.

We are RWA ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact us via email:

Mr. Carl Abrahamsson
Email: [email protected]
Skype: carlab.brokers

NS
NS
7 years ago

Any here do they use techincal analysis for their trading?

faisal
faisal
7 years ago

Im faisal from tata capital and we are into LAS if any one know abt the LAS u can fell free call me 9911134691

Rohan
Rohan
7 years ago

I’ve been trading with novus financials, partners of CD Equisearch,
Paying, 10paisa and 1 Paisa, and I’d say it deserves to be on such a list..
Very satisfied with their quality, much better than cheaters Motilal Oswal who took soo many hidden charges

Ancilla
Ancilla
7 years ago

Let me know if anyone WANTS TO PURCHASE the mt4/mt5 license

Dhanlaxmi Trading co
Dhanlaxmi Trading co
7 years ago

hi

now days commodity trading is become so dificult due to high margin requiremnt and incresing taxes …… here we offer an exclusive model of trading which was never before in this market…. very less margin required no taxes at all and beokerage will be very competative……….. if interested like our page Dhanlaxmi trading company on facebook and leave u r contact no we will contact you soon

AGNISWAR CHATTERJEE
AGNISWAR CHATTERJEE
7 years ago

ICICI ………………THE BEST……………………BANKING BROKING EKSATH……………..SUPERB RESEARCH & TRANPERENCY……………………………

Prasad
Prasad
7 years ago

Hi

which is charging lowest brokarage charges over all ? and good trading online flat form ?

Joyadan
Joyadan
6 years ago
Reply to  Prasad

I’m having 8 years experience in stock broking industry. Thinking about the brokerage is normal… But you have to check about their services, Research calls, Company history etc…. Even lots of brokers now giving flat brokerage. I’m asking this question to the people who asked about only brokerage? R u making decent profit from them? Talking about only brokerage is the foolish thing. Just dont bother about brokerage….. Check their services and research calls… Even maximum brokerage from all is 3 paisa.. Not more that that…

So dont bother about the brokerage… Check their Company history and calls…..

Gayatri Nayak
Gayatri Nayak
5 years ago
Reply to  Joyadan

Hello, i want to work in a audit firm which is into stock broking and related things, if you can help me with the name of Organization which do audit of your firm, so that i can approach them.

Please help me.

Faisal
Faisal
7 years ago

Who is the discount and full servies broker

KS Naveen
KS Naveen
7 years ago

RKSV Securities is the best discount broker on the list. Trade on the Freedom Plan and just forget about the rest. I have 4 brokerage accounts, one with Sharekhan, ICICI, Angel, and Anand Rathi.

If you are in the Mumbai area, just go to their office.

rakesh
rakesh
6 years ago

i need trade account and trading optios tips

Mohit Singhal
Mohit Singhal
6 years ago

Dear Clients,Myself Mohit Singhal & i am employee(Relationship manager) of the Nirmal bang Securities and Nirmal Bang securities is a good venture to manage the portfolio or we recomended this time is the best to invest the money in the market.So any investor want to more knowledge about this venture then they can call on this no.8010007383.

Pankaj Chauhan
Pankaj Chauhan
6 years ago

Hello Sir Can you tell me how good is ventura securities for trading? I am starting this and would like to know about forex being legal or not and what broker would be best for online trading and what amout I should start with? I am thinking about 10.000.Will that be enough? Thanks.Hope to here you soon.

Sajid
Sajid
6 years ago

Do not open the trading account with HDFC, brokerage charges is very high compare to other.

PANDIYAN
PANDIYAN
6 years ago
Reply to  Sajid

RK GLOBAL PROVIDE INDIA’S LOWEST BROKERAGE RS 9 PER LOT
ACCOUNT OPENING & MORE INFORMATION CONTACT AT
PANDIYAN.K 9488571839
EMAIL: [email protected]

subramanya rao m
subramanya rao m
6 years ago

Dear visitors of this,you people know the trading or not it doesnot matter to survive in stock market. It is fantastic platform to earn wholetime or parttime,you should be very disciplined and learn the technicals,then go for trading.

venkatesh
venkatesh
6 years ago

Dear All, Trading requires Discipline. I am a trader and technical analyst doing research business with stocks and commodity markets. I am having sub-brokership with Trustline Securities Ltd. I have traded with all the financial instruments like, stocks, futures, options, commodity, currency etc.. In My experience making money is very very difficult if you are not having proper trading plan and discipline. If you follow certain rules very strictly making money is so easy consistently. I am happy to conduct online free technical class through team viewer itself. I am free to help you people to make money. any one… Read more »

jeyalakshmi
jeyalakshmi
6 years ago
Reply to  venkatesh

Dear sir,

I am new to this markets,. Please help me how to open accounts. and I want trainings also. I sms u the details of mine to ur no.

Thanks.

chandan
chandan
4 years ago
Reply to  jeyalakshmi

F6″Online Zero brokrage plan

Dalal Stock
Dalal Stock
3 years ago
Reply to  jeyalakshmi

is Zerodha is Good one ?
Services Wise…not Brokerage wise

muthuraman
muthuraman
6 years ago

thanks for ur valuable ttips

stock broker in india-tradesmart
stock broker in india-tradesmart
6 years ago

Actually i like your unique style of presentation.Each page about mention broker firms with mandatory information is really great idea..

Machi
Machi
6 years ago

Anybody have an idea about Doha brokerage and financial services??? about quality of their services and brockerage charges…

Sam
Sam
6 years ago

Nice comparison. But a bit old. Many new discount brokers have started operating in India now which provide very competitive brokerage rates.

Jehangir Chinoy
Jehangir Chinoy
6 years ago
Reply to  Sam

Please could you name some of the good brokerages that charge low brokerage? Would be much obliged. Youcan write to me at [email protected]. Sorry for the hasel but I’ve ‘had it’ with high brokerage charges. Many thanks, in advance,
Jeh.

Mat
Mat
6 years ago

use zerodha, brokerage charges are very less. I have been using their services for more than 2 years and its really good

Mohammad Siddique
Mohammad Siddique
6 years ago

Sir, Iam a small investor, and I possess 250 equity shares left behind and gifted by my late father. The shares certificates are in the name of my late father. The shares are of a south Indian company in chennai and the present market value is about Rs 74/- per share about a week back. The company’s name is M/s Beardsell Ltd. Now I want to sell the same. I also have the death certificate with me. Please suggest a suitable way whereby I can encash. Please suggest a suitable and reliable name of broker who could make my selling… Read more »

Dharmendra Tiwari
Dharmendra Tiwari
6 years ago

How can i buy a share

San
San
5 years ago

Hi,
I have signed up with DBFS. Iam a newbie to this field. They are charging Rs.5/lot. Both sides, buying+selling would be Rs.10/lot.
They are using the platform from Geojit. I love MT4 platform. But don’t think any broker allows you to use MT4 in India..

satish
satish
5 years ago

Please suggest me about these broker houses . In these broker house which is the best option . Please suggest me

Dhanunjay rai
Dhanunjay rai
5 years ago

According to me,TOP SECURITIES COMPANIES in order were:-1.India Infoline(iifl) 2.India bulls securities 3.Icici direct 4.Share khan 5.HDFC securities

Amit
Amit
5 years ago

can I get more details. I want to open my demat account and trade.

Tapas Jharimunya
Tapas Jharimunya
5 years ago

Dear sir;
I’m trading in the market since last four months. I had earned money in delivery basis & intra day trading I lost my capital.what is the techniques for intra day trading? Pl send through mail [email protected].

Neil
Neil
5 years ago

If someone is just starting out and want guidance to invest then choose a full service broker like Share khan or ICICI. They are more expensive than discount broker but they provide you inputs on what to buy. And if you want low cost Broker who charges low and at the same time provides you guidance on what and where to buy then you should try opening an a/c with Finvasia. They send out daily and weekly newsletters to clients with stocks to look for and trade ideas. No other charges, no software cost, no account opening fees, no call… Read more »

S.neelima
S.neelima
5 years ago

Please give me info about brokerage company

Utkarsh
Utkarsh
5 years ago

Dear Sir,

Recently i have been hearing a lot about MicrosecOnline.com with their discount brokerage scheme, i will like to get a review on this broker, to me they seem very transparent since all the clauses they have has been mentioned on their website, still i will like to get a review done.

Can you please help me out.

Sajeev
Sajeev
5 years ago

Hi, pls share your review of Myvaluetrade. They have 2 type plans; fixed monthly plan & per trade plan. Which is better

SK
SK
5 years ago

Nice collation of information. Very helpful !!!

babu
babu
5 years ago

which company given good services in intraday

Saranya
Saranya
5 years ago

Which share is good performance in intraday

Amit
Amit
5 years ago
Reply to  Saranya

JM Financial, contact me my no is 9167778109

arun
arun
5 years ago

Hi ,
My name is arun .
i want to open a account in share market , please suggest me which is best firm with lowest charges and good service.
Thnaks
Arun

Amit
Amit
5 years ago
Reply to  arun

JM Financial is a good company to trae, my no is 9167778109 contact me i tell you everythings

surendra
surendra
5 years ago
Reply to  arun

kotak securities is best they will charge with a min 0.1, please contact me:9705712257.

alok gupta
alok gupta
5 years ago
Reply to  arun

I would like to suggest for kotak securities it is one of the most reputed broking firm in India. If you are very serious to open demat trading account call me at my no. ALOK GUPTA 8586981813

Sumit Sana
Sumit Sana
5 years ago
Reply to  arun

Dear arun sir,
if you are looking for a best broking firm..In present it is ShareKhan Limited.

pavankumar
pavankumar
4 years ago
Reply to  arun

you contact Tradejini Financial Service banglore ,
Address: Vsavi Square, 2nd Floor 10th Min Road,, Bengaluru, Karnataka 560011
Phone:080 4020 4020

arul
arul
5 years ago

pls tell trading technical tips for curde oil commodies my mail id
[email protected]

Ashutosh Kumar
Ashutosh Kumar
5 years ago

Plz. let me know which stock broker firm is best option for small investors like me….

Contact: 9097754937

Neeraj
Neeraj
5 years ago

Hello sir/mam if you want to best service in brokrage and if you want intraday and hoilding calls in nse and mcx. (all commodity 650rs pr crore+taxs) my no. Is 8349341558(neeraj) thank you

shivam uttam
shivam uttam
4 years ago

Wish to trade

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