Table of Contents
So, Here I am with Best Share Market Broker in India, where I have categorized the brokers into a few categories based on services, charges, and platform usability.
Your choice of a broker can have a huge impact on your trading experience (and profitability)-so whether you’re an experienced trader or new to brokerage.
Key Factor When To Choose Best Share Market Broker In India?
Trading Fees: Compare transactional costs
Intuitive Interface: Should be quick to learn and easy to use
Customer Service: Seek out responsive and supportive support.
Research tools: Look for research options & analysis
Licenced and Secured: Checking if brokers have a valid license.
Product Selection: Check for the availability of different types of investment in a single AMC
Here Is a List of The Best Share Market Broker In India
Here’s a table summarizing key features of some popular share market brokers in India:
Broker | Key Features |
---|---|
Upstox | Low brokerage, advanced charting, mobile trading app |
ICICIdirect | Research reports, 3-in-1 account, extensive branch network |
HDFC Securities | Robust online trading platform, research advisory |
Kotak Securities | Integrated trading account, personalized services |
Motilal Oswal | Award-winning research, investment advisory |
SBI Securities | Large customer base, diversified product offerings |
Sharekhan | Research-backed trading ideas, investor education |
5paisa | Discount brokerage, low-cost trading plans |
IIFL Securities | Institutional research, global investment opportunities |
Angel One | User-friendly platforms, comprehensive investment options |
AxisDirect | Transparent pricing, extensive product range |
Geojit | Portfolio management services, NRI trading facilities |
Fyers | Technology-driven platform, algorithmic trading |
SMC Global | Wealth management solutions, commodity trading |
Alice Blue | High-speed trading platform, margin against shares |
Zerodha | Discount brokerage, powerful trading tools |
ICICI Direct | 3-in-1 account, investment in mutual funds |
Edelweiss | Wealth management, customized financial solutions |
SBICap Securities | Corporate finance, institutional equity research |
Aditya Birla Money | Integrated financial services, wealth management |
Ventura Securities | Online trading, commodity trading |
Reliance Securities | Investment advisory, IPO services |
Indiabulls Ventures | Equity research, real estate advisory |
Religare Broking | Portfolio management, financial planning |
SAS Online | Low-cost brokerage, trading platforms |
Master Trust | Investment planning, wealth management |
SAMCO Securities | Margin trading, options strategies |
Bonanza Portfolio | Customized financial solutions, wealth management |
Axis Securities | Investment solutions, insurance products |
Trustline Securities | Research-driven trading ideas, portfolio advisory |
30 Best Share Market Broker In India
1. Upstox
An ultra-low-cost trading platform based out of India, Upstox is one of the fastest-growing stock market brokers in the world. The platform provides traders with sophisticated tools and market data in real-time.
And low fees for both new and established investors. The innovative and customer-centric nature of Upstox has made it one of the most sought-after platforms to invest in the stock market.
2.ICICIdirect
One of the top share market brokers in India, ICICIdirect maintains a dominant position through its extensive research and value-added services for personalized advisory and seamless trading movie & b Trades.
Its range of investment products, along with the various categories from equity to mutual funds, appeals to investors looking for holistic support and trust in their advisory firms to start with the right footing.
3. HDFC Securities
As a matter of fact, HDFC is one of the top share market brokers in India, having some of the most sophisticated trading platforms and exhaustive research-on-the-fly.
It offers a diversified portfolio of investment products, customized advisory, and delivery capabilities to meet varied investor needs. HDFC Securities is a well-known name in the investment sector, and with trust and innovation
It has maintained its leadership in the stock market space because established investors always search for reliability with expertise when it comes to solving the riddles of the stock market.
4. Kotak Securities
Kotak Securities, as a leading share market broker in India, is widely recognized for its strong research library offering a customer-centric approach, and the latest trading applications.
With a wide range of investment products, comprehensive market analysis, and personalized advisory services, it is an ideal partner for retail customers and institutional investors.
Here, Kotak Securities is dedicated to its transparency and customer satisfaction offering seamless trading experiences accompanied by investment plates one could choose from the multiple options that suit diverse financial goals.
5. Motilal Oswal
Motilal Oswal is one of India’s leading stock market brokers known for its excellent research services, variety of trading platforms, and individual advisory services.
Fully provides a high spectrum of investment, including equity, derivatives, and commodity features targeting to suit all kinds of investors.
The high standards of integrity, transparency, and customer service owe Motilal Oswal its most precious asset- Investor Trust, which today has made it one of the most reliable creators and managers of wealth.
6. SBI Securities
SBI, being a big name, added credibility to its stock market broker. SBI Securities You Invest Lineup This is due in part to the reach of SBI Securities.
It’s a well-established name, and it offers lots of different products, including some that you might associate with bank accounts more than investment accounts.
It offers frictionless trading experiences, sound research ideas, and even tailored advisory support, which attracts investors who like to invest with a sense of safety, security, and experience in playing the jungle of the stock market.
7. Sharekhan
Sharekhan is One of the top share market brokers in India, mainly ado res for broad networks, useful research, and convenient trading platforms.
It provides a wide range of investment products, comprising equities, derivatives, mutual funds, and more, alongside personalized advisory services.
Sharekhan’s dedication towards customer satisfaction and Introduction of new services as well making it investors’ first choice for obtaining valuable market insights & trade through a seamless system.
8.5paisa
The company 5paisa provides Trading solutions as well as investment in the share market, and They are one of the Best trading platforms under low-cost brokerage.
It offers a variety of financial products such as stocks, derivatives, mutual funds, and insurance not only for new users but also experienced ones.
5paisa.a full-service provider with an affordable price tag, transparency at the core, and simplicity at its heart, delivers the best package of competitive pricing and innovation. Features to build an intelligent investor workforce better equipped to sail through market vicissitudes.
9. IIFL Securities
IIFL Securities- One of the best stock market brokers in India, known for its wide range of investment options & personalized advisory plans, IIFL Securities is best known for its strong research capabilities and trading platforms offering advanced calculations for all categories of investors while adhering to transparency and integrity.
IIFL Securities offers hassle-free execution and complete support for equities, commodities, and derivatives trading that is considered one of the best platforms to trade in the dynamic Indian stock market to ensure investors get maximum return out of their investments.
10. Angel-One
Angel One is one of the biggest share market brokers in India, offering competitive pricing and easy-to-use platforms. Angel One focuses primarily on technology and customer experience, with a range of financial products like equities, derivatives, mutual funds, and investments in IPOs.
With its intelligent research, customized advisory services, and sophisticated trading views, it ably serves the needs of not only new and rookie investors but seasoned professionals as well.
Angel One stands by the philosophy of innovation and customer centricity, enabling it to participate in wealth creation for millions of customers across India with investments in the stock market.
11.AxisDirect
This makes AxisDirect one of the best brokers for share market trading in India, thanks to their outstanding trading platforms and extensive research across available financial instruments.
AxisDirect 0 AxisDirect offers a disciplined customer experience and transparency by providing a plethora of investment services, such as equities, derivatives, mutual funds, and IPOs, in a single platform.
With expert financial advisory and trading solutions, it is a top preference for investors who need accurate guidance and successful execution of their stock market investments.
12. Geojit
The former has been known for its decades of experience & service while providing a very personalized and comprehensive approach to Share Market Trading in India (referred to as South Asia at large).
Geojit is a key player in the industry and offers different investment products like equities, derivatives, mutual funds, and insurance.
It gives one meaningful research, exceptional trading platforms, and individual advisory services depending on the specific needs of an investor.
With Geojit’s promise of honesty and customer convenience, it is the all-time companion for creating wealth through the stock market for a longer period.
13. Fyers
Winner Fyers is also one of the most preferred share market brokers present in India that offers trading platforms with advanced technology at competitive prices.
Also, experience with real-time data along with advanced charting tools & low brokerage fees for novice as well as seasoned traders.
Fyers stands out for its transparency and customer loyalty, which caters as a good one-point solution to navigate the complexities of the stock market with innovativeness and professional assistance.
14. SMC Global
SMC Global, one of India’s leading stock market brokerage firms, has been known for its holistic financial services and massive footprint in the market.
SMC Global specializes in a customer-centric & integrity-driven organization of qualified professionals offering to trade in equities, commodities, derivatives, and mutual funds. You can apply for one.
The company offers comprehensive research, personal advisory services, and a range of trading platforms that empower investors to plan their financial futures themselves.
SMC Global has been providing end-to-end trading solutions for an array of stocks, commodities, and securities since 1995, making it a partner of choice when it comes to creating wealth through stock investments.
15. Alice Blue
Alice Blue is also rising to fame in the top 10 list of share market brokers in India as Alice Blue has competitive pricing, the best trading platforms, and free customer care.
It has diverse investments in equities, commodity concrete futures, derivatives, and covered areas of mutual funds, with a great emphasis on technological innovation.
The easy-to-use interface and the powerful research tools of Alice Blue make it a desired option for investors looking for quick trading solutions where they find reliable support in order to make the most out of their investment in the stock market.
16. Zerodha
Zerodha broke the market with its unconventional brokerage fees and transparent business model, thus changing the way trading is done in India.
With a wide selection of investment products available, from stocks to derivatives and mutual funds to bonds, it also comes with market research and educational tools for investors.
Its user-friendly design and a quest to provide its users with the power of investment have made Zerodha one of the most popular trading platforms for both beginners and professionals.
17. ICICI Direct
Established as one of the topmost share market brokers in India, ICICI Direct stands tall when it comes to offering a range of investment products and services.
On a strong foundation from equities, derivatives, mutual funds, and more, ICICI Direct is an amalgamation of state-of-art Technology and personalized advisory services.
The platform offers great resources for research and a smooth trading experience, positioning it as a top choice in the market, especially for those in need of robust functionality.
18. Edelweiss
Edelweiss is one of the few leading share market brokers in India. It’s a well-diversified financial player with good research capabilities.
Edelweiss is an Indian financial services company that offers a plethora of investment products, such as equities, derivatives, commodities, and structured products while emphasizing innovation and efficient customer service.
It provides personalized advisory services, powerful trading platforms, and in-depth market analysis to meet the diverse needs of investors looking to maximize income, growth, or short-term investing with confidence.
19.SBICap Securities
SBICap Securities, a subsidiary of SBI Capital Markets Ltd., is one of the renowned stock brokers in India with a steady pedigree & substantial market experience.
With a comprehensive range of investment solutions in equities, derivatives, mutual funds, and IPOs. SBICap Securities offers Custom Investment Solutions.
In-depth research and state-of-the-art online Trading Platforms to provide an enriched investing experience for its clients. Committed to excellence and trust, SBICap Securities is the best avenue for investors to seek secure and innovative financial services.
20.Aditya Birla Money
Aditya Birla Money, a part of Aditya Birla Group, is one of the top 10 share trading companies in India. It provides a bouquet of financial products and services, including equities, derivatives, commodities, mutual funds, etc.
Other key factors that make Aditya Birla Money a standout performer are the robust research house, customized advisory, and ease of use trading platform.
Driven by the philosophy of customer satisfaction and transparency, Aditya Birla Money has designed a new platform to enable investors with tools for better decision-making, ensuring they achieve their financial goals seamlessly in good times & bad.
21. Ventura Securities
Ventura Securities is one of the best well-known stock Brokers in India, it equips countless investment provisions along with personalized customer support.
A wide range of services covering equities, derivatives, commodities, mutual funds and insurance supported by strong research offers to the customers.
One such platform is from Ventura Securities. It goes beyond basic delivery and leverage and offers sea amless trading experience with its cutting-edge technology platforms, making it a popular choice for traders who want to bring reliability and innovation to their financial strategies.
22. Reliance Securities
Reliance Securities is one of the best share market brokers in India and is part of the Reliance family. It provides a broad range of products and services to investors, such as Equity, Derivatives, Mutual Funds, IPOs, and Bonds.
Customer-centricity is at the core of Reliance Securities. It offers a perfect blend of personalized advisory services, reflecting in-depth research and state-of-the-art trading platforms.
Reliance Securities is known to provide best-in-class transparency, integrity & most importantly, research-based K-E-C (Knowledge, Experience, Challenge) methodology.
This enables an investor to invest/trade in the stock market with confidence by making rational & informed decisions so that they succeed in reaching their financial objectives effectively.
23. Indiabulls Ventures
Indiabulls Ventures is known as one of the best share market brokers in India due to its enhanced trading facilities and multiple investment options available.
It provides services in equities, derivatives, commodities, currencies, and mutual funds that are conducted through the robust research of its dedicated team and personalized advisory for a completely happiness trading experience.
Offering professional trading experience at the lowest cost in the market, Indiabulls VenturesMoneycontrol Pro has grooved up with MOAMC’s Equity Investment Platform.
24. Religare Broking
Religare BrokingReligare Broking, a leading stock broker in India, is famous for its rich market knowledge and customer-friendly approach.
It offers a plethora of financial investments ranging from equities, derivatives, commodities, and mutual funds to IPOs. Religare Broking caters to the requirements of investors through customized advisory services and robust research support, along with offering user-friendly trading platforms.
Religare Broking facilitates investors to make the right decision with its strong research & analysis capabilities and empowers them above and beyond the traditional confines of the stock market.
25. SAS Online
SAS Online is one of the best stock brokers in India that provides cheat trading solutions and platforms as well. ICICI Direct is a retail trading and investment service from ICICI Securities, the capital provider arm of the ICICI Group.
SAS Online focuses on transparency and client interest, it provides exhaustive details of tools and resources every trader need to trade effectively in the stock market.
26. Master Trust
Master Trust is one of the pioneers of the stock broking industry in India, known for its extensive research and advisory that come together to promise you a “beyond compare” partnership.
It provides a wide range of investment offerings like equities, derivatives, commodities, mutual funds, and IPOs. Master Trust Master Trust focuses on innovation and customer-based trading.
With reliable platforms and in-depth market analysis to help traders make wise choices. To date, with reliability and trust as the main concerns, Master Trust remains a preferred partner in providing excellent stock market investment opportunities for creating wealth.
27. SAMCO Securities
SAMCO Securities is known as one of the top stock brokers in India, and they amaze everyone each time with its super awesome trading platforms and cheap brokerage.
It provides broking & distribution services to retail customers in equity, commodities, and currency derivates, distribution of mutual funds, fixed deposits, IPOs, and other bonds.
SAMCO Securities is a no-nonsense online stock broker and adds value by keeping everything simple yet delivering traders an effortlessly efficient trading experience along with advanced tools to facilitate your path toward achieving your financial goals.
28. Bonanza Portfolio
Bonanza Portfolio is a leading broker in the Indian share market, having a presence around the country and diverse financial services.
The company facilitates investments in equities, derivatives, commodities, mutual funds, and insurance. The brokerage firm also provides excellent personalized trading services, research, and a variety of products for your trade.
Bonanza Portfolio has the objective of providing customers with the confidence to operate in the stock market and seek resilience while betting money at every turn in search of profitability from innovation through honesty.
29. Axis Securities
Axis Securities is known as one of the best stock market brokers in India and provides a full range of financial products offering and services.
Complemented by his in-depth research and custom advisories, it helps him provide hassle-free trading options across equities, derivatives, commodities, mutual funds,s, and IPOs.
Axis Securities has differentiated its services through a customer-centric approach, innovative technology platforms, and competitive pricing, which make it a sought-after solution for an investor to fulfill their financial objectives in the ever-changing stock market scenario.
30. Trustline Securities
Trustline Securities is one of the most reputable share market brokers in India, known for its broad range of experience in the stock market and a strong customer-centric approach.
It offers a wide array of investments, such as equities, derivatives, commodities, mutual funds, and bonds. At Trustline, our single compelling reason to exist is to deliver better value to customers with insightful research and advisory coupled with efficient trading platforms.
Trustline Securities with its strong ethical principles and focus on client interest, enables users to work better for achieving desired results in stock market confidence.
What Makes These Best Share Market Broker In India?
Execution: This means the speed of execution and whether it is not in a timely manner or delayed orders.
Margin and Leverage: if you are interested in margin trading, MAKE SURE to read the policies and charges of your broker.
Educational Resources: Does the broker offer lessons, courses, and other content to help you expand your knowledge of trading?
Market Accessibility: Evaluate the markets or instruments it offers to trade (stocks, commodities, derivatives, etc.).
Regulatory compliance: Make sure that the broker is registered with SEBI and complying with all the regulatory requirements.
Here are some features/criteria you should consider: Trading Tools: Evaluate the presence of advanced trading tools like charting software, technical indicators, and options for algo trading.
Account Minimums: Subject to broker, deposit minimums or account balances may apply.
What To Look for In the Best Share Market Broker In India?
Check Broker Reputation: Look for the reviews of this broker and learn how they treat others who have been using their service before you.
Other Charge: Check on other charges, which include maintenance of the account, transactional charges, or any charges levied for extra services.
Accessibility: Consider the accessibility of mobile trading apps and what features they have if you like to trade on the go.
Broker Financial Stability: Take into account the financial stability and reputation of the broker as a business.
Personal Preferences: Finally, serve your personal preferences, such as brand reputation with the local presence better and overall comfort level with the broker.
Final Words
We select the best stock market broker in India depending on low fees, strong trading platforms, excellent customer support, and all research tools.
Regardless of whether you are a beginner or regular investor or specifically require extensive market coverage and advanced features or all of the above, one thing is for certain.
In order to invest successfully in India’s stock markets, choose the right broker that matches your requirements.
FAQ
What should I consider when choosing a share market broker in India?
Brokerage fees, trading platforms, research tools, customer support, and regulatory compliance are all important.
Which are some popular share market brokers in India?
Popular brokers include Zerodha, ICICI Direct, HDFC Securities, Kotak Securities, and many others known for their reliability and services.
How do I compare brokerage fees among brokers?
Look at both brokerage charges per trade and other fees like account maintenance charges to get a comprehensive view.
What types of trading platforms do brokers offer?
Brokers offer web-based platforms, mobile apps, and desktop applications with varying features like real-time data, charting tools, and order execution capabilities.
Are there brokers specialized in different types of investments?
Yes, some brokers specialize in derivatives, commodities, and mutual funds or offer advisory services tailored to specific investor needs.