Share brokers in India 2022

A true list of the top share brokers in India in 2022 based on the number of active clients in 2022. Since 2019, Zerodha has been the most popular stock broker in India. Upstox, Angel One, ICICIdirect, and Groww are the companies that come after Zerodha.

There are 20 biggest stock brokers with more than one lakh active customers. The year-by-year list of top stock brokers in India also includes information about the broker’s most recent active clients. The following are the top online broker rankings for 2022:

Full-service brokers provide a variety of services such as stock trading, research and consulting, and local assistance. Discount stock brokers are internet brokers who solely deal in stocks and commodities. They do not provide add-on services such as research and advising, PMS, wealth management, or branch support.

Discount stock brokers ICICI Direct, Sharekhan, HDFC Securities, Sharekhan, Angel One, and Axis Bank are among the most popular full-service stock brokers. Zerodha, 5paisa, and upstox are some of the most well-known stock brokers in the discount broker sector.

NOTE

1. This report’s data comes from the BSE and NSE stock exchanges.
2. Every month, the best broker ranking is updated.
3. To read the broker review, click on the broker’s name.

Which share broker is best for beginners?

The best online stock brokers for beginners:

Fidelity Investments.

Charles Schwab.

TD Ameritrade.

E-Trade Financial.

Ally Invest.

Merrill Edge.

Interactive Brokers.

Who is the cheapest stock broker?

Fidelity offers no commissions, superior research, and an outstanding mobile app in a straightforward online platform. This is one of the most economical stock brokers, with no account minimums and zero expense ratio index and mutual funds.

Which is the safest broker in India?

Zerodha is India’s largest stockbroker and is often regarded as the most secure. Over +9 million clients trust it on the NSE and BSE, and it accounts for more than 15% of all retail order volumes in India on a daily basis through trading and investing.

What is the stock broker’s salary?

In India, the average income for a Stock Broker is 2.2 Lakhs per year (18.3k per month). Salary estimates are based on 177 salaries submitted by Stock Brokers from various sectors. 

Can I buy a stock without a broker?

It is feasible to purchase stock without using a broker. In fact, there are three alternatives to utilising a full-service broker: creating an online brokerage account, investing in a dividend reinvestment plan, and investing in a direct stock purchase plan.

Which is better Zerodha or grow?

While both Zerodha and Groww are online discount brokers, Zerodha has the following advantages over Groww: Zerodha is the pioneer of the discount broking business in India. Zerodha provides no-brokerage Equity Delivery trading. Zerodha provides currency and commodity trading in addition to equity and F&O.13-Apr-2022

Top 20 share brokers in India 2022