Top 10 Stock Brokers In India

Top 10 Stock Brokers In India


Top 10 Stock Brokers In India

In this post, I will show you the Top 10 Stock Brokers In India and how to open an account with them. To start trading in India, we would need a trading account or a bank account to access the stock exchanges.


If you are looking for the best investment programs or a platform to make money online. Then this is the best place to start investing. You can choose the best platform from the list based on your requirements. This way we can invest and make a profit by doing online trading. Before that, you need to learn how to trade and you need to know how to invest.

Trading is the process of buying and selling financial instruments, such as stocks, bonds, currencies, commodities, or derivatives, with the aim of generating a profit from price movements. Traders use various strategies to identify market trends and opportunities, including fundamental and technical analysis, and execute trades through a brokerage account. 

Trading can be done through online platforms or traditional brokers, and traders can use various strategies, such as day trading, swing trading, or position trading. However, trading carries significant risks, including potential losses, and requires discipline, risk management, and the ability to adapt to changing market conditions. 

Successful trading requires a combination of knowledge, skills, and experience, and traders need to carefully consider their financial goals and risk tolerance before engaging in trading activities.

There are two types of stock brokers in the post Top 10 Stock Brokers In India who offer full service and online discount services. Full service brokers provide a wide variety of services such as stock trading, research, advice, local support, and discount brokers only provide stock and commodity trading services.

Stockbrokers are mediators that allow us to open demat and trading accounts to buy and sell securities online for profit. We can buy and sell securities through brokers using the Demat account. To start trading online, we need to create an account with them.

There are two account types are provided, for intraday trading we only need a trading account and for long term trading and investing we should need a Demat account to start. If we need to buy and sell commodities, we want to open a separate commodity account. If you are looking for the best brokers to invest in, here, I suggest some of the best brokers that charge less brokerage and lower trading fees.

To create an account we need to complete the verification with the specified documents, in India. To open an account we need adhar card and pan card, it is mandatory register. First of all, we need to go to the brokers website to register, and you need to fill the form by entering the mobile number to complete the OTP verification, after that, you need to upload documents and do eSign using adhar number and OTP.

Top 10 Stock Brokers In India

Requirements to open an Demat account in India.

1. Fill the form

2. Adhar card number

3. Pan card copy and number

4. Bank account and copy of bank statement ( cancelled cheque or passbook copy)

5. Personalised signuture copy

6. Passport size photo (selfie)

7. E-sign with adhar number 

To do a design, we need to link the Adhar card with the mobile phone number. After completing all the steps, you will receive an email or text message with your customer ID and password within 24 hours, it may arrive within 2-3 business days. The customer I'd and the password that you can use to log into your account.

After performing KYC, the next step is an investment; the minimum investment amount allowed is 100rs to 1lac. Many companies charge a small registration fee and 0% brokerage, but some companies offer free registration to activate an account. Most of the companies have 0% brokerage and flat fee of 20/Rs per order/trades.

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Here I listed Top 10 Stock Brokers In India

Upstox:- Upstox Upstox is a popular online trading platform in India that offers a range of financial instruments, including stocks, derivatives, and commodities. It has a user-friendly platform with advanced trading tools and charts, low brokerage fees, and excellent customer support. Upstox also provides educational resources to help traders improve their knowledge and skills.

Angel Broking:- Angel Broking is a full-service broker that offers a range of financial instruments, including stocks, derivatives, commodities, and currencies. They provide a user-friendly trading platform, research and analysis tools, and excellent customer support. Angel Broking also offers personalized investment advice and expert recommendations for its clients. They have a strong presence across India, with over 1 million customers and 1800+ branches in more than 850 cities.


5paisa :- 5paisa is a popular discount broker in India that offers a range of financial instruments, including stocks, mutual funds, and currencies. It provides a user-friendly trading platform with low brokerage fees and advanced trading tools and charts. 5Paisa also offers research and analysis tools to help traders make informed decisions. Overall, 5Paisa is a good option for traders looking for an affordable and user-friendly trading platform.


RelianceSmartMoney:- RelianceSmartMoney is also a leading broker in India 2021. The company provides a wide variety of services like research and analysis. They give 30x exposure in different segments.

IIFL Securities:- IIFL Securities is a leading brokerage firm in India. They provide full services with free research reports and recommendations for products and stocks. 

Trade Smart:- Trade Smart is also a private company of VNS Finance and Capital service ltd, founded in 1994. It is a discount service brokerage firm and charges 0% brokerage. In intraday they charge 0.007% and delivery is 0.07% and Rs 7/ per lot. 

Mothilal Oswal :- Mothilal Oswal Is a public company Ltd, which was launched in 1987 and offers full services. This is a perfect trading company and they have over 30 years of research experience.

 Zerodha:- Zerodha is a popular Indian discount brokerage firm that offers trading and investment services in various segments such as equities, commodities, currencies, mutual funds, and more. The company is known for its low-cost brokerage charges and technology-driven platforms for trading and investment, including a mobile app and web-based trading platform.

Zerodha also offers a range of educational resources and tools to help its clients make informed investment decisions. It is one of the largest stockbrokers in India and has received numerous awards and accolades for its innovative products and services.


Sharekhan – Sharekhan is a popular Indian full-service brokerage firm that provides a wide range of trading and investment services, including equities, commodities, derivatives, mutual funds, and more. The company offers a user-friendly trading platform, research and analysis tools, and a personalized advisory service to help investors make informed decisions. 

Sharekhan also has a strong offline presence with over 1800 branches across India, making it accessible to investors across the country. The company is known for its customer-centric approach and has received several awards for its services.

In this post you can view and choose the best listed stock brokers based on your requirements. But before you choose the right one, you need to check their stories, testimonials, reviews, company details and brokerage fees etc.

I recommend one of the best brokers in India is 5paisa in terms of lower brokerage fee. The highest and best service offering in its class and the leading company is Zerodha Ltd in Top 10 Stock Brokers In India.

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