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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