Complete List of Brokers in the Indian Stock Market

Investing in the Indian stock market requires choosing a reliable broker to facilitate trades, provide research insights, and offer robust trading platforms. Below is a comprehensive list of brokers in the Indian stock market, detailing their unique features and services to help investors make informed decisions.

ICICIDirect

ICICIDirect is one of the most prominent brokerage firms in India, offering a wide range of investment options including stocks, mutual funds, IPOs, bonds, and more. The platform is known for its user-friendly interface and comprehensive research reports, making it an excellent choice for both beginners and seasoned investors.

Sharekhan

Sharekhan, a subsidiary of BNP Paribas, is renowned for its advanced trading platform and robust research offerings. It provides detailed market analysis, investment advice, and a variety of trading tools, catering to both retail and institutional investors.

5Paisa

5Paisa stands out with its competitive pricing and technology-driven approach. It offers a flat fee brokerage model, which is highly attractive to frequent traders. The platform also provides a range of financial products including mutual funds, insurance, and personal loans.

Motilal Oswal

Motilal Oswal is a full-service broker known for its strong research capabilities. It offers personalized advisory services and a wide range of investment options. The broker’s solid reputation is built on its comprehensive research reports and investment strategies.

HDFC Securities

HDFC Securities is a subsidiary of HDFC Bank, offering a seamless trading experience integrated with the bank’s services. It provides a wide range of investment products, detailed research reports, and a user-friendly trading platform.

Espresso Sharekhan

Espresso Sharekhan offers a unique proposition with its zero brokerage on intraday trades. This platform is ideal for active traders looking for cost-effective trading solutions. It also provides various analytical tools and research support.

IDBI Capital

IDBI Capital is known for its strong research and advisory services. It offers a range of investment options including equity, derivatives, and mutual funds. The broker is particularly favored by investors seeking comprehensive market insights.

Religare Securities

Religare Securities provides a wide array of financial services including equity, commodities, and currency trading. It offers personalized advisory services and robust research reports, making it a popular choice among serious investors.

Geojit

Geojit offers a diversified range of financial services including equity, derivatives, and mutual funds. Known for its user-friendly trading platform, Geojit is a reliable choice for both novice and experienced traders.

Kotak Securities

Kotak Securities, a subsidiary of Kotak Mahindra Bank, offers an integrated platform for banking and trading. It provides extensive research reports, a wide range of investment products, and advanced trading tools.

Angel Broking

Angel Broking is one of India’s largest independent full-service retail brokers. It offers comprehensive trading and investment services, including detailed research reports and personalized investment advice.

Aditya Birla Money

Aditya Birla Money offers a broad spectrum of investment services including equity, derivatives, and mutual funds. The platform is known for its solid research support and user-friendly interface.

Bajaj Finserv

Bajaj Finserv provides a wide range of financial services including stock trading, mutual funds, and insurance. The platform is favored for its competitive pricing and robust trading tools.

Zerodha

Zerodha is India’s largest brokerage firm in terms of active clients. It revolutionized the brokerage industry with its discount brokerage model, offering low-cost trading and an advanced trading platform, Kite.

SBI Capital

SBI Capital, a subsidiary of SBI, offers comprehensive brokerage services. It provides a wide range of investment products, detailed market analysis, and a seamless trading experience integrated with SBI banking services.

Ventura

Ventura offers an extensive range of investment services including equity, derivatives, and mutual funds. The platform is known for its detailed research reports and personalized advisory services.

Smart Trade Online

Smart Trade Online provides cost-effective trading solutions with a flat fee model. The platform is equipped with advanced trading tools and offers comprehensive market analysis.

SASOnline

SASOnline is a discount broker known for its competitive pricing and technology-driven approach. It offers a range of investment options including equities, derivatives, and mutual funds.

Mastertrust

Mastertrust offers a broad spectrum of financial services including equity, derivatives, and mutual funds. The platform is favored for its robust research reports and personalized investment advice.

SMC Global Broker

SMC Global Broker provides a wide array of financial services including stock trading, commodities, and currency trading. It offers detailed market research and personalized advisory services.

Anand Rathi Broker

Anand Rathi Broker is known for its strong research and advisory services. It offers a comprehensive range of investment options and is particularly favored by serious investors seeking detailed market insights.

Fyers Securities

Fyers Securities offers a cost-effective trading solution with its zero brokerage model for delivery trades. The platform provides advanced trading tools and comprehensive market analysis.

Upstox

Upstox is a popular discount broker offering low-cost trading solutions. The platform is known for its advanced trading tools, robust research reports, and a user-friendly interface.

Edelweiss Broking

Edelweiss Broking offers a wide range of investment services including equity, derivatives, and mutual funds. It provides detailed research reports and personalized advisory services.

AxisDirect

AxisDirect, a subsidiary of Axis Bank, offers an integrated platform for banking and trading. It provides a wide range of investment products, detailed market analysis, and advanced trading tools.

Nirmal Bang

Nirmal Bang is known for its strong research capabilities and personalized advisory services. It offers a broad spectrum of investment options including equities, derivatives, and mutual funds.

ProStocks

ProStocks offers a cost-effective trading solution with its flat fee model. The platform is equipped with advanced trading tools and provides comprehensive market analysis.

Finvasia

Finvasia provides a wide range of financial services including stock trading, mutual funds, and insurance. The platform is favored for its competitive pricing and robust trading tools.

RMoney

RMoney offers a comprehensive range of financial services including equity, derivatives, and mutual funds. The platform is known for its user-friendly interface and detailed research reports.

iTradeOnline Trustline

iTradeOnline Trustline provides cost-effective trading solutions with a flat fee model. The platform offers advanced trading tools and comprehensive market analysis.

Alice Blue

Alice Blue is a discount broker known for its competitive pricing and technology-driven approach. It offers a range of investment options including equities, derivatives, and mutual funds.

Trustline Securities

Trustline Securities offers a broad spectrum of financial services including equity, derivatives, and mutual funds. The platform is favored for its robust research reports and personalized investment advice.

Yes Securities

Yes Securities, a subsidiary of Yes Bank, provides a wide range of investment services. It offers detailed market analysis, personalized advisory services, and a seamless trading experience integrated with Yes Bank’s services.

Choice Broking

Choice Broking offers a comprehensive range of financial services including stock trading, mutual funds, and insurance. The platform is known for its strong research support and user-friendly interface.

Samco

Samco provides cost-effective trading solutions with a flat fee model. The platform is equipped with advanced trading tools and offers comprehensive market analysis.

Tradingo

Tradingo offers a wide range of investment services including equity, derivatives, and mutual funds. The platform is known for its competitive pricing and robust research reports.

Stoxkart

Stoxkart is a discount broker known for its low-cost trading solutions. It offers a range of investment options including equities, derivatives, and mutual funds.

Dhani Stocks

Dhani Stocks provides a wide array of financial services including stock trading, mutual funds, and insurance. The platform is favored for its competitive pricing and robust trading tools.

Groww

Groww is a popular investment platform offering a range of services including stock trading, mutual funds, and digital gold. The platform is known for its user-friendly interface and educational resources.

Paytm Money

Paytm Money offers a comprehensive range of financial services including equity, derivatives, and mutual funds. It provides detailed market analysis and a seamless trading experience integrated with Paytm’s other services.

Dhan

Dhan is a technology-driven brokerage firm offering a range of investment options. The platform is known for its advanced trading tools and competitive pricing.

BlinkX

BlinkX provides cost-effective trading solutions with a flat fee model. The platform offers advanced trading tools and comprehensive market analysis.