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Top Stock Brokers In India

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Top Stock Brokers In India

Top Stock Brokers In India: Stock Brokers are authorised members of stock exchanges who execute trades on behalf of their customers. The market buyers and sellers (investors) cannot directly place orders to NSE or BSE. They have to perform all the trades via a broker. There are two types of stock market brokers

  1. Full-service Brokers.
  2. Discount Stock Brokers.

Full-service Brokers are the one who provides a vast range of services like research services, and other products to its customers. Generally, the charges are high in the case of full-service Brokers as there are a lot of services that are provided by them.

Discount brokers on the other hand rely on a technology platform to reduce the costs and brokerages and provided limited services. There are primarily aimed at reducing the costs for users at the same time providing limited services.

It is important to choose the stockbroker who provides the best service to the customer. We have analyzed the different parameters such as the Brokerage that is charged by each of the stockbroker, the customer service that is provided by them and also the technology platforms and different tools they provide to these users. Based on this we have listed below the Top Stock Brokers In India and you can choose the best broker that suits your needs.

Serial NoStock BrokerOpen Account
1ZerodhaOpen Account
2UpstoxOpen Account
2Angel Broking
4ICICI Direct
5HDFC Securities
6GrowwOpen Account
7Motilal Oswal
8Kotak Securities
9Sharekhan
10AxisDirect
11AxisDirect
12IIFL Securities
13IIFL Securities
14Geojit
15Geojit
16SMC Global
17Religare
18Nirmal Bang
19Alice Blue
20Reliance Securities

Top Stock Brokers In India: it is important that you chose the broker based on different criteria because even a small issue will affect you at large on your trading life and sometimes a broker who is unable to provide you best tools may make you huge loses. It happened in the past that stockbrokers have low capacity on their servers which failed to sustain the huge demand during high volatile times making the users failed to place or exit orders which made then realize huge loses. Hence chose wisely.

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