A list of top brokers in India 2020 by the number of the active clients in 2020. Zerodha is the top most stock broker among all the brokers in India since 2019. Zerodha is followed by ICICI Bank, HDFC Bank and Sharekhan, Upstox can top this list very soon.
There are 20 top stock brokers which have over 1 lakh active client. List of top stock brokers in India also provides details about the latest active clients count with the brokers.
Stock brokers are registered members of the stock exchanges (i.e. BSE, NSE and MCX). They execute trades on behalf of the customers at the exchange. There are many registered stock brokers in India offers stock trading to retail traders.
Stock brokers in India are categories in 2 types:
Full-service brokers offer a wide range of services including Stock/MCX trading, Equity research and advisory and local support.
The most popular stock brokers in the full-service category includes ICICI Direct, Sharekhan, HDFC Securities, Angel Broking (Also offer discount brokerage) and Axis Bank.
The most famous discount brokers in India include Zerodha, 5paisa and upstox.