Top 10 Best Discount Brokers in India for Share Market Deals
Here is the list of Top 10 Best Stock Brokers in India for Share Market Deals.
Stock Brokers deals with buying and selling of stocks and other securities for
both retail and institutional clients through a stock exchange or over the
counter. This is done in return for a fee or commission. There are many types
of Stock Brokers and you have to well choose before selecting one. Stock Brokers
are mainly Full service or discount brokers type. While choosing a Stock Broker
consider these
·
Zerodha: Zerodha is known as one of the largest and oldest Discount broker in
India. They Have more than 50,000 clients. Key attraction of the provider is simple brokerage
structure (Rs 20 per trade) and good customer service. Easy opening
process and online completion of work are the key features. This discount broker
have own Proprietor trading/charting software caller Pi. This is best for writing
custom algorithm. This is the first one who brought the discount brokerage concept
to India.
RKSV: This is another well known discount broker operating from Mumbai. They have
almost 20,000 clients in India. RKSV offers competitive rates of Rs 20 per
trade irrespective of the size of the trade. Provision of NEST and ODIN platform
for trading is the key attraction. The new mobile based platform called Upstock
from RKSV looks great. Their account opening process is also very easy with simple
online completion of work.
Tradedeal: Trade@your fingertips! Tradedeal aims at Providing a Platform that can not only
reduce your Brokerage to almost 98% of what you normally Pay but also at providing
a full fledged Eco-system that gives total control to the Client and can Educate
potential investors; helping in creating a Nation that is Financially Educated.
read more...
Fyers: Fyers is one of the well known discount Brokers in India. They provide brokerage
rate of .1% for delivery and .01% for intraday. Their brokerage is capped at Rs 100
per trade. They offer one the the best trading platform for works. Key attraction is
ZERO account opening charges.
Angel Broking: Angel Broking founded in 1987. Now this is one of the most respected Stock-Broking and Wealth Management Companies in India. They have huge network of Branches and
Franchises including More than 900 cities and 8500 Franchises. You can use their Trading
platforms for the device of your choice. There are more than more than 10 lakh clients
for this company.
ICICI Direct: This is one of the biggest and best know full service stock broker in India. Key
attraction is the easy to use user interface. ICICI Direct offers brokerage varies
from 0.55% to .20% depending on the value of trades. This is integrated with your
ICICI bank account so transfer/withdrawal of funds is really easy and quick. “valid till
cancel” and even T+90 trading in BSE segment are key attractions.
Motilal Oswal: Motilal Oswal is one of the oldest and reputed brokers operating in India. This is
one of the full service brokers offering high quality financial service to the customer.
Various advisory service provided by them is well known and very useful. More than 8 lakh
customer trading with them.
ShareKhan: ShareKhan founded in February 2000. Now this is ndia’s 2nd largest stock broker as
per number of customers. Their online trading website Sharekhan.com is the key source
of providing brokerage services. They have 1950 Share shops with branches & Franchises
in more than 575 cities across India. This full service broker offers various other
services like asset management.
HDFC Security: HDFC Security is one of the larger broking houses in India. They offer one of the largest network for deals which is only after ICICI. If you have a bHDFC bank account, surely you will end up with opening a trading/Demat account with them. research desk, mutual fund
investments and portfolio management services are the key attractions of this company.
Kotak Securities: The well known Kotak Securities founded in 1994. This is subsidiary of Kotak Mahindra Bank and works collaboratively with Bombay Stock Exchange and the National Stock Exchange. They have 11.95 Lakh customer accounts and deals with over 5 lakh Lakh trades per day. This is also a depository participant with NSDL (National Securities Depository Limited) and
CDSL (Central Depository Services Limited). Among 400 cities in India, they have 1209 branches,
franchisees and satellite offices.
Reliance Securities: Reliance Securities is the broking arm of Reliance Capital. This is India’s leading retail broking houses offers access to equities, derivatives, currency, IPOs, mutual funds,
bonds, and corporate FDs. They assures secure online trading platform & investment activities
in a cost effective manner. Offline trading, live Chat, Call and Trade, Branch Dealing Desks and
network of affiliates are the key attractions of this company.
Here is the list of Top 10 Best Stock Brokers in India for Share Market Deals.
Stock Brokers deals with buying and selling of stocks and other securities for
both retail and institutional clients through a stock exchange or over the
counter. This is done in return for a fee or commission. There are many types
of Stock Brokers and you have to well choose before selecting one. Stock Brokers
are mainly Full service or discount brokers type. While choosing a Stock Broker
consider these
·
Zerodha: Zerodha is known as one of the largest and oldest Discount broker in
India. They Have more than 50,000 clients. Key attraction of the provider is simple brokerage
structure (Rs 20 per trade) and good customer service. Easy opening
process and online completion of work are the key features. This discount broker
have own Proprietor trading/charting software caller Pi. This is best for writing
custom algorithm. This is the first one who brought the discount brokerage concept
to India.
RKSV: This is another well known discount broker operating from Mumbai. They have
almost 20,000 clients in India. RKSV offers competitive rates of Rs 20 per
trade irrespective of the size of the trade. Provision of NEST and ODIN platform
for trading is the key attraction. The new mobile based platform called Upstock
from RKSV looks great. Their account opening process is also very easy with simple
online completion of work.
Tradedeal: Trade@your fingertips! Tradedeal aims at Providing a Platform that can not only
reduce your Brokerage to almost 98% of what you normally Pay but also at providing
a full fledged Eco-system that gives total control to the Client and can Educate
potential investors; helping in creating a Nation that is Financially Educated.
read more...
Fyers: Fyers is one of the well known discount Brokers in India. They provide brokerage
rate of .1% for delivery and .01% for intraday. Their brokerage is capped at Rs 100
per trade. They offer one the the best trading platform for works. Key attraction is
ZERO account opening charges.
Angel Broking: Angel Broking founded in 1987. Now this is one of the most respected Stock-Broking and Wealth Management Companies in India. They have huge network of Branches and
Franchises including More than 900 cities and 8500 Franchises. You can use their Trading
platforms for the device of your choice. There are more than more than 10 lakh clients
for this company.
ICICI Direct: This is one of the biggest and best know full service stock broker in India. Key
attraction is the easy to use user interface. ICICI Direct offers brokerage varies
from 0.55% to .20% depending on the value of trades. This is integrated with your
ICICI bank account so transfer/withdrawal of funds is really easy and quick. “valid till
cancel” and even T+90 trading in BSE segment are key attractions.
Motilal Oswal: Motilal Oswal is one of the oldest and reputed brokers operating in India. This is
one of the full service brokers offering high quality financial service to the customer.
Various advisory service provided by them is well known and very useful. More than 8 lakh
customer trading with them.
ShareKhan: ShareKhan founded in February 2000. Now this is ndia’s 2nd largest stock broker as
per number of customers. Their online trading website Sharekhan.com is the key source
of providing brokerage services. They have 1950 Share shops with branches & Franchises
in more than 575 cities across India. This full service broker offers various other
services like asset management.
HDFC Security: HDFC Security is one of the larger broking houses in India. They offer one of the largest network for deals which is only after ICICI. If you have a bHDFC bank account, surely you will end up with opening a trading/Demat account with them. research desk, mutual fund
investments and portfolio management services are the key attractions of this company.
Kotak Securities: The well known Kotak Securities founded in 1994. This is subsidiary of Kotak Mahindra Bank and works collaboratively with Bombay Stock Exchange and the National Stock Exchange. They have 11.95 Lakh customer accounts and deals with over 5 lakh Lakh trades per day. This is also a depository participant with NSDL (National Securities Depository Limited) and
CDSL (Central Depository Services Limited). Among 400 cities in India, they have 1209 branches,
franchisees and satellite offices.
Reliance Securities: Reliance Securities is the broking arm of Reliance Capital. This is India’s leading retail broking houses offers access to equities, derivatives, currency, IPOs, mutual funds,
bonds, and corporate FDs. They assures secure online trading platform & investment activities
in a cost effective manner. Offline trading, live Chat, Call and Trade, Branch Dealing Desks and
network of affiliates are the key attractions of this company.
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