Indian Stock Market Discussions, Share market discussions forum, BSE Stocks forum, NSE Stocks forum MCX MSEI Commodity Equity etc
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Best Stock Brokers in India
Stock Brokers are intermediaries in the stock market which play an important role in usual stock market activities like buying and selling of stocks. Apart from that, they should also provide suitable assistance in the form of research which helps customers to find suitable companies to invest in, provides margin to help them invest in them, builds easy to use intuitive trading platforms, provides customer service that satisfies all their needs and charges a very low brokerage for it.
However, it is not always possible to find all these qualities in one broker which is why consumers need to weigh the pros and cons of choosing each broker and compare stockbrokers and then make a choice.
Choosing a broker can be difficult as you can do all the research in the world and still end up with a broker that doesn’t really understand your needs. It is similar to choosing between apples and oranges, meaning it depends more on your personality, experience, capital requirements and skillset. Hence, rather than going for a broker who ticks all the boxes one should look for someone who can assist them based on their requirements.
We at Best Broker India, have put together a list of brokers who qualify as best stock brokers in India based on the following factors:
  1. Research and tips

  2. Brokerage & Commission

  3. Margin/Exposure

  4. Trading Platforms

  5. Customer Service

  6. Presence across all major cities

  7. Range of trading products
Let’s find out who the best brokers in India are:
Founded in 2010 by Nithin Kamath Zerodha is an iconic brand and pioneer of discount broking in India. Zerodha not only tops the list of discount brokers in India but also appeals to traders for its low brokerage charges. Most importantly the reason Zerodha shines is because of its disruptive pricing models and in-house technology that have now made Zerodha the biggest stockbroker in India by active retail clients, and the biggest by trading volumes on the top Indian stock exchanges.
  • Active Clients: 909008

  • Total Complaints: 296

  • Complaints(%): 0.03

  • Free Tips: No

  • Online Trading Platform Performance: Good

  • Mobile Trading Platform Performance: Good
It is headquartered in Bangalore and has a physical presence in all major Indian cities. As of 2019, Zerodha is the largest retail stockbroker with over 8 Lakh active clients and contributes upwards of 10% of daily retail volumes across Indian stock exchanges. It has around 8.5 lakh active customers currently and aims to quadruple that number by 2020. It is very important to note that Zerodha has only relied on word of mouth publicity for marketing its brand. 
For detailed review on Zerodha, click here
Motilal Oswal Securities now known as Motilal Oswal Financial Services Limited (MOFSL) founded in 1987, is a full-time service broker with more than 1 million registered customers and presence in over 2200 locations across 550+ cities. The company was founded by Mr. Motilal Oswal, Mr. Raamdeo Aggrawal and Mr. Ajay Menon who is the MD & CEO of the broking and distribution businesses of Motilal Oswal Financial Services Ltd. (MOFSL). He is also the Whole Time Director of MOFSL. With Solid Research, Solid Advice as its guiding philosophy, Motilal Oswal clients are advised by the centralized advisory and dealing desk based in Mumbai.
  • Active Clients: 319138

  • Total Complaints: 213

  • Complaints(%): 0.06

  • Free Tips: Yes

  • Online Trading Platform Performance: Good

  • Mobile Trading Platform Performance: Good
Motilal Oswal Financial Services (MOFSL), is a well-diversified financial services company focused on wealth creation through knowledge. Motilal Oswal as a group of companies offers a wide range of services such as Retail Wealth Management (including securities and commodities broking), Portfolio Management Services, Institutional Broking, Home Finance, Private Equity, Investment Banking Services, and Asset Management.
Read a detailed review on Motilal Oswal here.
To access Motilal Oswal’s research tips on a real-time basis, just follow this link
Today when one thinks about online trading, the name Sharekhan seems phenomenally synonymous due to its broad range of financial products and a long list of services.
  • Active Clients: 509787

  • Total Complaints: 140

  • Complaints(%): 0.02

  • Free Tips: Yes

  • Online Trading Platform Performance: Good

  • Mobile Trading Platform Performance: Good
Shripal Morakhia a Mumbai-based entrepreneur founded his brainchild Sharekhan in the year 2000 to leverage newly introduced electronic trading in stock exchanges as well as dematerialization/demat of securities.
They are the fourth-largest stock-broker with a customer base of over 5 lakh active customers in India which is very significant. With 4800+employees working at 153 branches spread across 575 cities of India, they execute 4 lakh trades every day dealing with over 25,000 business partners. Rebranded as Sharekhan by BNP Paribas, it has become a fully owned subsidiary of BNP Paribas after being bought by them for Rs 2200 crore.
Find out more about Sharekhan here.
To access ShareKhan’s research tips on a real-time basis, just follow this link
Kotak Securities Limited (KS) established in 1994, is a subsidiary of Kotak Mahindra Bank Limited a renowned private-sector bank headquartered in Mumbai, Maharashtra. It is currently one of India’s largest brokerage and distribution houses in India. As a stock broking company, Kotak Securities brings to you more than 25 years of experience in serving a diverse customer base of retail and institutional investors.
  • Active Clients: 437822

  • Total Complaints: 189

  • Complaints(%): 0.04

  • Free Tips: Yes

  • Online Trading Platform Performance: Good

  • Mobile Trading Platform Performance: Good
Kotak Securities along with online trading offers various secondary market broking services, such as cash equity, equity and currency derivative, mutual fund, initial public offering, exchange trading fund, bond, gold exchange trading fund, stock lending and borrowing mechanism, and future.
Click here for a detailed review on Kotak Securities.
To access Kotak Securities’s research tips on a real-time basis, just follow this link
ICICI Bank Ltd was established in 1994 by the Industrial Credit and Investment Corporation of India (ICICI) which is a financial institution. It is a multinational banking and financial services company headquartered in Mumbai. ICICI Bank provides a whole host of services to its large array of clients with institutional and retail broking, merchant banking, and advisory services to corporates, financial institutions, high net-worth individuals, and retail investors in India. It operates in 3 major segments namely Investment & Trading, Broking & Commission and Advisory services.
  • Active Clients: 843975

  • Total Complaints: 171

  • Complaints(%): 0.02

  • Free Tips: Yes

  • Online Trading Platform Performance: Good

  • Mobile Trading Platform Performance: Good
One of its flagship offerings on the retail trading side is ICICI Direct due to which it became one of the largest retail broking firms in India by providing a wide range of products and services to its retail and institutional customers. ICICI is the flagship website of the company where you can find a whole host of products and services like Equity Trading, Derivatives trading, Mutual funds, Home Loans, Loans against Securities, Insurance, Bonds, NCDs etc.
Read a detailed review on ICICI Direct here.
To access Kotak Securities’s research tips on a real-time basis, just follow this link
Investing in the stock market can be a very daunting task for those who are new to the world of equity trading. Hence, they are prone to making mistakes which can cost them as they go on this journey of trading in the stock market.
  • Active Clients: 266287

  • Total Complaints: 253

  • Complaints(%): 0.09

  • Free Tips: Yes

  • Online Trading Platform Performance: Average

  • Mobile Trading Platform Performance: Good
One of the most common mistakes is choosing the wrong broker, which makes it very important to choose a broker only after doing thorough research. This series of blogs aims to help people in choosing the broker which best meets your requirements.
For a detailed review on Karvy, click here.
To access Karvy Stock Broking’s research tips on a real-time basis, just follow this link

To continue reading click here
Commodity derivative market has emerged as a new avenue for investors to create wealth. You can check the details for low investment plan with better returns
Trading in the stock market requires a great market learning experience with understanding and a good stockbroking services which helps you to complete your stock orders. There are more than hundreds of stockbrokers present currently in India and choosing one of them is a difficult task. If you want to choose a stockbroker then, you must do proper research and study of different stockbroking firms and the services they are providing with the fees and charges they are charging for trading. To help you more, I will suggest you go with Kotak Securities which is India’s one of the leading stockbroking firms providing its services in the field of the stock market, finance, and banking sector. It is in the market for more than two decades and is the best in the stockbroking sector. Millions of traders and investors have been benefited from the services of Kotak Securities and generated higher revenue and profit with the help of Kotak Experts.
Stock Brokers are the mediators that purchase or sell protections for investor's benefit at the trade(s). They give exchanging stages to the investors where the trades can be executed and followed. In basic words, stock merchants are those without whom you can not open your Demat account. Above all else, you need to guarantee whether you are searching for the best stock specialist in India in which is the one that individuals respect the most, or, the one who would be the awesome you. So first, you need to choose whether you lean toward trading or investing. Then, at that point, in view of your recurrence and different prerequisites, you can list down the merchants and pick the best one for yourself. Become share market investment advisor with IIFL Securities

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