Top 10 Stock Broking Companies in India

Top 10 Stock Broking Companies in India, Wiki, company profle, establishment, founder, services, products and many more

Indian stock broking companies growing rapidly in Financial domain. Stockbroking is the service of providing an opportunity to the retail and institutional investors to buy as well as sell equities. The brokerage company acts as a middleman as it connects buyers and sellers.

Here is the list of top 10 stock broking companies in India:

  • Zerodha

Zerodha is an Indian stock broking company. The company headquarter is in Bengaluru, Karnataka, India. It is established in 2010 by Nithin Kamath. It is an Indian financial service company that offers retail and institutional broking, currencies and commodities trading, mutual funds, and bonds. The company name Zerodha is derived from Sanskrit with combination of ‘Zero’ and ‘Rodha’ which means barrier. The company disruptive pricing models and in-house technology made the biggest stock broker in India in terms of active retail clients. The company run a number of popular open online educational and community initiatives to empower retail traders and investors.

  • Angel Broking Limited

Angel Broking Limited is an Indian stock broking company. The company headquarter is in Mumbai, Maharashtra, India. It is established in 1998 by Mr. Dinesh D. Thakkar. It is one of the largest retail broking houses in India in terms of active clients in NSE. The company is technology-led financial services company providing broking and advisory services, margin funding, loans against shares and financial products distribution to clients under the brand “Angel Broking”. The company broking and allied services are offered through

  • online and digital platforms
  • network of over 11,000 Authorised Persons as of June 30, 2020.
  • 5Paisa

5Paisa is an Indian stock broking company. The company headquarter is in Mumbai, Maharashtra, India. It is established in 2016 and the company Chief Executive Officer is Mr. Prakarsh Gagdani. It is one of India’s leading financial services companies -IIFL. The company offers Investing, Insurance, Mutual Fund, Discount Broker, Finance, Broking, Trading Platform, Online Trading, Discount Broking, Stock Trading, Currency Trading, and Commodity Trading. The company is bringing technology driven solutions that enable customer to invest at a lower cost.

  • HDFC Securities

HDFC Securities is an Indian stock broking company. The company headquarter is in Mumbai, Maharashtra, India. It is established in 2000 and the company Chairman is Bharat Dhirajlal Shah. It is one of the leading stock broking companies in India, and a subsidiary of HDFC Bank- a renowned private sector bank. The company offers IPO/OFS, Buybacks, Mutual Funds, ETFs, Futures & Options for – Equity, Currency and Commodities, Fixed Deposits, Bonds, NCDs and National Pension Scheme, along with value added services like Online Will writing and Tax filing. The company also offers a host of digital platforms like Mobile Trading App, Desktop based online trading facility, ProTerminal- an advanced trading platform and Arya- a voice enabled investing assistants. HDFC Securities company has also won many awards and recognitions.

  • ICICI Securities Limited

ICICI Securities Limited is an Indian stock broking company. The company headquarter is in Mumbai, Maharashtra, India. It is incorporated on 1995 and the company Managing director and Chief Executive Officer is Mr. Vijay Chandok. It is India’s leading technology-based securities firm. The company offers services include equity broking, financial product distribution, private wealth management, investment banking, and commodities, with a focus on both retail and institutional clients. The company has been recognised as the Best Equity Broking House, Best Performing National Financial Advisor Equity Broker, The Largest Equity e-Broking House, The Best Equity Broking House in Cash Segment. The company is a subsidiary of ICICI Bank Limited.

  • Upstox Limited

Upstox limited is an Indian stock broking company. The company headquarter is in New Delhi, India. It is established in 2010 by by Ravi Kumar and Shrini Viswanath. The company offers online investments in stocks, derivatives, commodities, currencies, mutual funds and ETFs for both professional traders and investors. Upstox has also ensured full transparency in pricing by offering zero brokerage on equity delivery trades and up to Rs. 20 per order for intraday, F&O, commodities, and currencies. The company ensures that its clients reap the benefits of a high-tech online trading platform and the best-in-class services every step of the way—from the time they open an account to executing financial services.

  • India Infoline Limited

India Infoline Limited is an Indian stock broking company. The company headquarter is in Mumbai, Maharashtra, India. It is established in 1995 by Nirmal Jain. IIFL is one of the largest independent full-service retail and institutional broking house along with being a leading investment advisory firm in India providing diversified financial services and products to corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high net worth individuals and retail clients. The company served over 2.4 million customers through a network of about 2,500 points of presence covering branches and business partners over 500 cities in India.

  • Motilal Oswal Financial services Limited

Motilal Oswal Financial Services Limited is an Indian stock broking company. The company headquarter is in Mumbai, Maharashtra, India. It is established in 1987 by Motilal Oswal. The company focused on customer-first attitude, ethical and transparent business practices, respect for professionalism, research-based value investing and implementation of cutting-edge technology. Motilal Oswal financial services limited company offering a range of financial products and services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, and Home Finance.

  • Edelweiss Broking Limited

Edelweiss Broking Limited is an Indian stock broking company. the company headquarter is in Mumbai, Maharashtra, India. It is established in 2008 by Rashesh Shah. The company is dedicated to building long term relationships with clients and empowering them to gain from market opportunities. It is one of India’s leading diversified financial services company providing a broad range of financial products and services to a substantial and diversified client base that includes corporations, institutions and individuals. The company’s products and services span multiple asset classes and consumer segments across domestic and global geographies.

  • Sharekhan limited

Sharekhan Limited is an Indian stock broking company. The company headquarter is in Mumbai, Maharashtra, India. It is established in 2000 by Shripal Morakhia. It is one of India’s largest retail broking houses. It is a subsidiary of BNP Paribas, one of the largest banking groups in the world with a net income of 7.5 Bn EUR in 2018. BNP Paribas has over 160 years of presence in India and is active in 75 countries. The company has developed its leadership in full-service retail brokerage and financial services by focusing on end to end customer experience. The company offers a wide range of trading and investment solutions that includes equities, futures and options, commodities, currency, portfolio management services, research, mutual fund distribution and investor education.

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