Top 10 Stock Brokers in India



=> There are two types of stock broker :- 

1.) Full Service Stock Broker :- 

- A full service broker is an licensed stock broker which provide wide range variety of products to its customers like Research analysis report, one sub broker for
trade and other queries related to account , Portfolio Management services, Provide Fundamental And Technical Analysis Reports to its clients .

- They have many offline branches and sub brokers so that client can also visit their branches for any kind of queries or to avail their services.

=> Advantages of Full Service Broker :- 

- Branches At Multiple Location.

- Offers an Research Reports and Advisory to Clients.

- Dedicated Sub Broker for Trading and Services.

- Provide Wide Range Of Products.

=> Disadvantages of Full Service Broker :- 

- High Brokerage Charges.

- Transaction Cost is Higher.

=> Top 5 Full Service Stock Broker in India :- 

1.) Angel Broking

2.) Sharekhan

3.) Icici Direct

4.) Hdfc Securities

5.) Kotak Securities 

2.) Discount Stock Broker :-

- A Discount broker is an Licensed stock broker which provide trading services online and don't have branches and sub brokers at multiple locations.

- Their Brokerage plan is fixed.

- They usually don't deal in mutual funds, IPO application and Research Advisory.

=> Advantage Of Discount Broker :-

- Low Brokerage Fees.

- Low Transaction Fees.

=> Disadvantage Of Discount Broker :-

- No Branches at Multiple Location.

- No Sub Broker For Support.

- No Research Advisory for Clients.

=> Top 5 Discount Stock Broker in India :-  

1.) Zerodha

2.) Upstox

3.) 5Paisa

4.) AliceBlue

5.) Samco

=> Key Points :-

- If you are an beginner in stock market or don't have enough knowledge about stock market then Full Service Broker will be Good Choice.

- Discount broker is for the traders who pay more brokerage and don't depend on the research advisory and want to save brokerage.


=> One Good News for You 

- Now you can open an free Demat Account with India's Leading Stock Broker and Brokerage is Also too low Brokerage Rate and Wide Range of Products..






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