TOP 5 STOCKBROKER IN INDIA 2021
If You Are Looking In Search Of A Good Stockbroker You Have Landed On The Right Page. In This Article, You Will Get To Know The Top 5 Stockbroker In India
Investing in the stock market has become one of the most sought investment methods nowadays. Due to ease of investment, convenience, and liquidity, investors have started looking for the TOP 5 STOCK BROKERS IN INDIA
If you are thinking about seriously investing in the stock market, then you need a broker who has good infrastructure in terms of platforms and connectivity. So it is important that you open your account only with the top 5 stock brokers in India 2021 for your trading needs.
WHAT DO STOCKBROKERS DO?
A stockbroker is a middleman who has the authority to buy and sell stocks and securities in a stock exchange on the investor’s behalf
Stocks are traded through exchanges. However, an investor cannot directly trade in stock exchanges. To buy a stock or sell a stock through exchanges, you need an intermediary who will help you with the transaction. This middleman can be a person or a company that is authorized to buy and sell stocks and other securities on your behalf. Such a person or a company is known as a stockbroker. Stockbrokers are generally associated with a stockbroking firm, but they can also be independent people. For providing this service, a stockbroker charges a commission or a fee.
Zerodha is India's biggest stockbroker offering the lowest, cheapest brokerage rates for futures and options, commodity trading, equity, and mutual funds.
Zerodha works on an online discount brokerage model wherein only online trading services are offered to customers. It heavily uses technology to serve its customers and has very few branches & offices.
BROKERAGE - Zerodha offers 20rs/- per trade plan which is exclusively very cheap in the broking industry from the beginning
CLIENT BASE - Zerodha having a good client base in terms of its competitors in the market, it has approx 3,602,074 active clients which are working actively
PLATFORM- Zerodha having a great trading platform called kite it has an easy and good user interface web and mobile both platform
2. Upstox
Upstox is a Mumbai-based discount stockbroker. Upstox offers a fast, reliable & easy-to-use trading platform for traders in the Indian stock market. Upstox is an online investment brand of RKSV Securities. Incorporated in 2009, RKSV is a Mumbai, India-based SEBI registered financial service provider.
BROKERAGE - Upstocks offers 20rs/- per trade plan for buying and selling for securities
CLIENT BASE - Upstocks having a good client base, it has approx 2,141,095 active clients which are working actively
PLATFORM- Upstocks having a trading platform called Upstocks pro it has an easy order placing the facility
ICICI Direct is a retail trading and investment service of ICICI Securities. It offers services online as well as through a network of branches across India. ICICI Direct offers a 3-in-1 account, a combination of a saving bank account, stock trading account, and a Demat account.
ICICIdirect is the largest retail broker and financial product distributor in the country trusted by over 50+lac customers with over 2 decades of service
BROKERAGE - Icici Direct offers 15s/- per trade plan for buying and selling securities for intraday
CLIENT BASE - Icici Direct having approx 1,580,233 active clients which are working actively
PLATFORM- Icici Direct having a trading platform and it provides the best facility called margin funding at just 8.9% p.a.
Angel Broking Limited is one of the largest independent full-service retail broking houses in India committed to providing accurate and widespread data for every online share trader
Angel Broking is an Indian stockbroker firm established in 1987. The company has more than 8500 sub-brokers and franchisee outlets in more than 900 cities across India. The company's services include online stock broking, depository services, commodity trading, and investment advisory services.
BROKERAGE - Angel Broking offers 20rs/- per trade plan for buying and selling for intraday
CLIENT BASE - Angel Brokinghaving approx 1,564,667 active clients which are working actively
PLATFORM - Angel broking having a good user interface in mobile app and have so any feature including margin funding and investment in a mutual fund, IPO, and other schemes also.
IIFL Securities Limited (Formerly India Infoline Limited) is one of the largest independent full-service retail and institutional broking house along with being a leading investment advisory firm in India providing diversified financial services and products to corporates, institutional investors
IIFL Holdings Limited d/b/a IIFL and India Infoline is an Indian diversified financial services company headquartered in Mumbai. The organization was founded by Nirmal Jain
CLIENT BASE - Iifl Securities having approx 291,730 active clients which are working actively
PLATFORM - Iifl Securities having a good user interface which traders and investors can find and place orders in very little time.
A good broker will provide full service to his/her client. this is for knowledge purpose choose your broker which you trust the ost . in this article you can know how to choose a good broker in multiple types of facilities
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