Stock investment is both an art and science as choosing the right stock to invest in depends on both technical and analytical factors. And this is why it becomes necessary to choose the top stock brokers in India who is known to provide a seamless stock investment expertise to investors.
At a time when there are so many stock brokers available in the country, sometimes it becomes difficult to choose the best stock broker in India. According to stock market experts, in such a case, it is better to do some research and find the stock brokers that have high brand trust. This way, you can rest assured about getting exceptional stock broking services without wasting your money on excessive brokerage.
Some trust factor that a stock broker offers to its investors-
- Competitive brokerage
- Hassle-free fund transfer
- Performance-centric trading platforms
- A wide range of stock trading and investment offerings
- Flawless customer service
- Quick and precise stock market tips and recommendations
- Extensive offline presence through sub-broker and franchise network
- Actions on Trading and Investment education
- Combined trading and bank account
- 0 or lesser account opening or annual maintenance expenses
- Tremendous exposure or leverage across various trading categories
For your reference, we have highlighted some of the top stock brokers in India that are known to carry superior levels of brand trust. So, let’s get to know them below.
Undoubtedly, Zerodha can be regarded as the kind of stock broking in India. Largely considered a frontrunner in the discount broking landscape, Zerodha has come a long way in offering superior value to stock investors today.
Started its operations in 2010, Zerodha is known to excel in almost every aspect of stock trading from its trading platforms, brokerage, account opening process, customer service, and others. With an active client base of 1million investors, Zerodha is headed by Nitin Kamath, the founder the CEO of the stockbroker.
At present, is mainly popular for its next-gen digital initiatives and product novelties, awarding them placement of a digital-first share trading firm in India. Zerodha offers a wide range of stock trading platforms like Zerodha Kite Web, Zerodha Pi, Kite Mobile, Zerodha Coin, Kite Connect API etc.
Brokerage Charges by Zerodha
Segment Brokerage Charges
Equity Delivery Rs 0 (Free)
Intraday in equity Flat Rs 20 or 0.03% (whichever is lower) per trade
Future in equity Flat Rs 20 or 0.03% (whichever is lower) per trade
Options in equity Flat Rs 20 per trade
Currency Futures Flat Rs 20 or 0.03% (whichever is lower per trade
Currency Options Flat Rs 20 or 0.03% (whichever is lower) per trade
Commodity Flat Rs 20 or 0.03% (whichever is lower) per trade
Mutual Fund Rs 0 (Free Unlimited Direct MF)
Another brand in the stock broking segment is Angel Broking, which has been in the industry since 1987. With a client base of 4,50,000, Angel Broking is counted among the most trusted stock stockbrokers in the Indian stock market.
The best trading app in India is actively present in over 1000 cities and backed by the support of 8500 sub-brokers. The most interesting thing about Angel Broking is its free tips related to stocks. Besides featuring best-in-class digital stock broking app, the leading stock brokers also enjoy a remarkable offline presence in India.
Angel Broking has lately emerged as a rapid powerhouse in diverse digital aspects and very lately, they launched the concept of ARQ, an engine that forecasts the upcoming performance of a stock by exploring hundreds of thousands of data points gathered over the past 2 decades.
Angel Broking Brokerage
|Equity Delivery||Flat Rs 0|
|Equity Intraday||Flat Rs 20 or 0.25% (whichever is lower)|
|Equity F&O||Flat Rs 20 or 0.25% (whichever is lower)|
|Currency F&O||Flat Rs 20 or 0.25% (whichever is lower)|
|Commodity F&O||Flat Rs 20 or 0.25% (whichever is lowe|
HDFC Securities is a full-service stock broker that is known to have high brand value as compared to other players in the industry. A big brand name in the banking segment, HDFC resonates the same brand positioning in its stock broking offerings. HDFC securities provides a unique 4-in-1 trading account feature that allows its clients to seamlessly shift funds and securities within their savings, trading, and demat accounts.
Boasting a total number of 7 lakh active clients, HDFC Securities has been serving its clients for over 15 years through its 200+ branches. It also has desktop and mobile trading applications. HDFC securities is known to provide insightful research reports and precise details on stock trends, market shifts & industry subtleties.
|Monthly Fee (Fixed)||NA|
|Equity Options||Rs 100 per lot or 1% of the premium (whichever is more)|
|Currency Futures||Rs 23 per agreement|
|Currency Options||Rs 20 per agreement|
|Commodity Futures||0.02% for Intraday / 0.025% for positional|
|Commodity Options||0.02% for Intraday / 0.025% for positional|
ICICI is a prominent name in the Indian banking sector and ICIC Direct is the stock broking arm of the same. Because of the inherent brand value of ICICI, ICICI Direct is known to have high brokerage as compared to others. However, in regard to brand trust, ICICI Direct has no match.
ICICI Direct has a client base of 9 lakh which is enough to narrate its brand trust story.
Its Trade Racer platform is meant to allow users to access the stock broking services online. Its major features are advanced charts, live market streaming, market watch, and rapid transaction report, etc.
|Monthly Fee (Fixed)||NA|
|Equity Intraday||Rs 20 per transaction|
|Equity Futures||Rs 0 (Free)|
|Equity Options||Rs 20 per transaction|
|Currency Futures||Rs 20 per transaction|
|Currency Options||Rs 20 per transaction|
|Commodity Futures||Rs 20 per transaction|
|Commodity Options||Rs 20 per transaction|
ShareKhan is one of the long-standing performers in the Indian online stock trading landscape. Though it has been sold out to BNP Paribas for a total of ₹2200 Crores in recent times, the acquisition made no change in the brand trust that Sharekhan relishes. ShareKhan still creases to level up this brand justness accumulated over the last 16 years. It is provider of one of the top demat account in India and offers various trading platforms to its clients.
With a total of 5 lakh+ clients, Sharekhan’s top online trading platforms are Trade Tiger, Sharekhan Classic and Share Mobile.
Standard Monthly Fee No
Equity Futures 0.10%
Equity Options Rs 50 per lot
Currency Future 0.10%
Currency Options Rs 30 per lot
These top stock brokers in India are known to carry the high value of brand trust among stock investors who find them most trustworthy when it comes to investing in stocks. So, if you want your money to be invested in a safer and more profitable avenue, explore more details about these stock brokers and then take the decision accordingly.