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Top 12 Stock Brokers in India – Updated 2020

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Top 12 Stock Brokers in India – Updated

2020

You are now planning to begin your journey as a successful trader, investor! Well, when you are

looking for the Best Stock Brokers in India you need to be very careful about their terms and

conditions. It’s for sure that choosing and selecting the top stock brokers is only a one time

work. Therefore, once you choose the best stock broker in 2020, you can start investing in

stocks, trading, demat accounts right away.

In this blog, we have listed out the top 5 stock brokers in India based on many factors such as

Brokerage Rate, Customer & Client Base, Support Assistance, Market Research, Products,

Back office Dashboard, User Friendliness, Device Support, Trading Terminal, Leverage,

Exposure etc. So let us start discussing the top share brokers in India point by point.

How to Find the Best Stock Brokers in

India


Well, before we start off, are you looking for a small term profits or long terms profits. If you have

a fair idea on this, you can checkout the Leverages provided by different lists of ​stock ​broker in

India.

You may also note down that, trading is done by Intraday, Positional, Swing.

Well, as a trusted stockbroker the following points will be covered by them. You need to

checkout if your stock broker has access to the following before you invest with them

1. Low Brokerage Charges

2. High Server Performance

3. Low or Nill Account Opening Charges, Annual Maintenance Charges

4. Optimum Customer Service

5. Trading, Demat & Bank Account Tie up Assistance


6. Low or Nill Balance Transfer Charges

Great! Now that we know the basics of what to find in a Stock Broker in India. Let us dig deep

about the List of Top, Best 5 Stock Brokers in India

1. Zerodha Demat Account, Trading Account Reviews – Step by Step Account

Opening

Zerodha​, India’s cutting-edge stock broker. Zerodha created its own trading apps, including

Zerodha Kite, Coin, Varsity, Q&A Trading and several other tools. Zerodha also provides

Smallcase, String, Sensibull.

Zerodha is India’s fastest, most effective and valued broker. Zerodha’s ratio to active customers

is among the least trade-related. A zero-debt business. It does not have Margin Funding, it does

not hold market shares in the Joint Account, and does not conduct proprietary trading. It’s the

least competitive Indian market broker.

Zerodha is India’s biggest and best-known stockbroker. It offers direct flat-rate discount trading

facilities for investment and trade in stock, currency, commodity, IPO and Mutual Direct Funds.

Zerodha charges Rs. 0 brokerage for stock trades. It charges flat for intraday and F&O Rs. 20 or

0.03% (whichever is lower). With Zerodha, the maximum brokerage you pay for any contract is

Rs. 20.


Checkout the Full Review Here – ​Zerodha Demat Account, Trading Account Reviews – Step by

Step Account Opening

2. Upstox Demat Account, Trading Account Reviews – Step by Step Account Opening

Upstox ​trading platform offers trading, analysis, charting and other applications. This platform

facilitates order placement through cellphones and web browser. Upstox trading network is

based on Omnisys NEST OMS and Omnisys NEST RMS (Risk Management System).

In the Stock Distribution segment, Upstox provides equal account exchange and open trading.

Upstox Pro allows trading in F&O stock, Indra-day stock, cash, and currency futures. Upstox Pro

is Upstox’s traders bill.


Upstox Account Opening Enquiry Upstox is India’s tech-first low-cost broking business that

offers unsurpassed trading opportunities. Company provides trading on various markets such as

stocks, commodities, currencies, futures, open options on their Upstox Pro Site and mobile

trading platforms.

Checkout the Full Review Here – ​Upstox Demat Account, Trading Account Reviews – Step by

Step Account Opening

3. Angel Broking Demat Account, Trading Account Reviews – Step by Step Account

Opening

Angel Broking is India’s biggest full-service dealer. The company offers a wide range of

securities and exchange operations, including equity and asset broking, investment

management, margin borrowing, bond lending, and financial goods distribution.

A strong industry presence with 110 branches and 11,000 sub-broker offices in 1800 + India as

of 30 June 2018.

Angel Broking revised its trading activities for discount stock brokers including Zerodha in

November 2019. Angel Broking also offers a ‘Angel iTrade PRIME’ flat-rate brokerage. This

bundle offers trading in all segments (Intraday, F&O, Currencies & Commodities) at a fixed price


of 20 per exchange except Stock Delivery, no stock delivery charges, it is provided to all users

free of charge. The same general norm includes regional exchanges and divisions.

Angel Broking is known for excellent trading tools and financial advice. Angel was the first

full-service large-size broker to sell discount rates to customers.

Checkout the Full Review Here – ​Angel Broking Demat Account, Trading Account Reviews –

Step by Step Account Opening

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