Top 5 Stock Brokers in India


These stockbrokers with the largest presence in India provide innovative features and competitive brokerage plans. Explore their services and offerings to choose the best broker.

In the Indian stock market, numerous stockbrokers play a pivotal role in increasing accessibility to the financial market for investors. With technological advancements, online trading platforms have redefined the way of trading and investing. These platforms have made the process more convenient and transparent.

The best stockbrokers in India facilitate seamless transactions and provide valuable research insights to investors. Some of them also provide educational resources for upskilling trading and investing. But with the plethora of stockbrokers in the market, a beginner trader may find it hard to choose the best one.


In this article, we will explore the 5 best stock brokers in India with the largest presence nationwide. It will give you an idea about each broker’s offerings and features. It will help you make an informed decision about choosing a broker.

Top 5 stock brokers in India


Groww is one of the prominent Bangalore-based brokerage firms in India. It was established in 2016 and it initially focused on direct mutual fund investments before expanding into equity trading. It has expanded its financial products to digital gold, US stocks, and fixed deposits.

The platform offers a flat fee structure and a maximum of Rs 20 per trade across equity delivery, intraday, and F&O segments. Further, its user-friendly mobile and web platforms provide seamless trading experiences. Apart from trading and investing services, it also offers educational resources such as free eBooks and informative blogs, to help you in making informed investment decisions.


Zerodha is the most popular name in the stock market. It offers a wide range of online discount brokerage services. With their transparent and innovative approach, Zerodha has become the go-to platform for investors looking to trade in equity, currency, commodity, IPOs, futures & options, bonds, government securities, and direct mutual funds. Their flat fee structure ensures cost-effective trading, with zero brokerage charges for equity delivery and direct mutual funds.


The broker provides multiple trading platforms including Zerodha Kite, Zerodha Coin, Zerodha Varsity etc. These user-friendly platforms offer user-friendly interfaces, real-time market data, extensive charting, advanced order types, etc.

Angel One

Angel One formerly known as Angel Broking is India’s largest full-service retail broker. It was established in 1987 and now has a strong presence with 110 branches, 11,000 trading terminals, and over 18,000 authorized persons in 1800+ cities.

Angel One provides trading and investing in stock and commodity broking, investment advisory, margin funding etc. As of now, Angel One serves over 1 crore registered users with its unified trading app.


Upstox is considered as the top stockbroker in India. It is backed by notable investors including Kalaari Capital, Ratan Tata, and GVK Davix. It has established itself as a prominent player in the financial market with trading opportunities at unbeatable prices.

Upstox offers trading across various segments such as equities, commodities, currency, futures, and options through its Upstox Pro Web and Upstox Pro Mobile trading platforms. This trading platform provides a range of features including trading, analysis, charting, and more.

ICICI Direct

ICICI Direct, considered one of the largest retail stockbrokers in India is a part of the renowned ICICI Group. With its comprehensive range of online trading and investment services, ICICI Direct has secured its position as a trusted platform for investors nationwide.

One of ICICI Direct’s flagship offerings is its 3-in-1 account, which is a combined account of an ICICI bank account, ICICI trading account, and ICICI Demat account. This integration ensures a hassle-free trading experience for customers and allows smooth transactions between accounts. It provides various brokerage plans to cater to the diverse needs of traders. The Neo plan, a flat-rate brokerage plan, offers brokerage-free trading in equity futures, with a nominal fee of Rs 20 per trade for intraday and F&O trades, and 0.55% brokerage for equity delivery.


In conclusion, the choice of a stockbroker is a crucial decision. It enables you to decide your trading journey. Therefore, it is advised to consider your individual preferences, trading objectives, and risk tolerance before choosing a broker. With the right broker by your side, you can invest in the market with clarity, conviction, and peace of mind.