HOW TO FIND AN IDEAL STOCK BROKER?

If you are looking out for an ideal stock broker for your investment then you are in the right place & at the right time. It is said that no time is the right time but now & we at top10stockbroker believes the same. It is always very difficult to choose a right investment mechanism to grow your money & once you have chosen an investment option it is even tougher to choose the right broker or mediator to make the investment. Choosing a right broker means giving your money to that broker & depending on that broker for making the best decision to grow your hard earned money. It seems to be an extremely tough decision to make but we make sure that it is not, because we are here for you to help. We are a bunch of Investment bankers & Research Analyst who study very closely about these broking houses on daily basis & try to find the most suitable stock broking house for you. Over a period of time we have seen a pattern & after analyzing 100’s & 1000’s of data points, during this period we have observed that there are only 5 traits which any client lookout for while choosing a right stock broker. We have made a Ranking & Point System for all these Stock Brokers covering these 5 major factors. Let’s discuss about these five factors before finalizing a Stock Broker:

Stock Broker RESEARCH, ADVISORY & STOCK TIPS

Research & Advisory of Stock Brokers
It is every client’s dream to find a brokering house with the best Research & Advisory Team who can predict all stocks performance perfectly. It is quite impossible to find anyone like such as all brokering house sell themselves as the best research firm but only few actually delivers about 40-50% precision on their stock tips. Let’s have a look at some of the best brokers in this segment:

Broking CompanyRankPoints
Kotak Securities19
ICICI Direct28.5
Edelweiss38
Angel Broking47.5
Sharekhan57
Karvy66.7
HDFC Securities76.2
Motilal Oswal85.8
India Infoline95.5
SBI Cap Securities105

Stock Broker BROKERAGE CHARGES & Margin Fees

Again an extremely important trait. Many clients choose to go with this segment of brokers as they don’t want to give out high volume of money as brokerage to the third party company. Too much of brokerage concerns have given rise to discount brokers & they are extremely useful for traders community as earlier they had to pay huge money as brokerage but now it has reduced to 1/5th of the amount. Let’s put some light on these brokers:

Broking CompanyRankPoints
Zerodha18.8
RKSV28.5
SAS Online38
Trade Smart Online47.5
Trade Jini57
Angel Broking66.8
Motila Oswal76.4
Edelweiss86
India Infoline95.7
Sharekhan105.3

Stock Broker PRODUCTS & SERVICES

These two features of any Stock Broking house play a pivotal role in driving business. All major full service brokers provide many products & services to their clients which help them to manage their investments. All Discount Brokers provide most of the products available in this industry but they don’t provide any services & that’s why they charge very low brokerage from their clients. Let’s see the ratings of Stock Brokers with best in class products & services.

Broking CompanyRankPoints
ICICI Direct18.9
Kotak Securities28.4
HDFC Securities38
Angel Broking47.5
Sharekhan57
Motilal Oswal66.7
Edelweiss76.4
India Infoline86
Karvy95.7
SBI Cap Securities105.4

Stock Broker Trading Platforms

Broker stock exchange
Another very important product to look for while choosing a stock broker is Trading Platform. Choosing a good trading platform is very useful; a poor trading platform can lead to a lot of opportunity loss due to error or low speed while placing the order or lack of efficiency. Also, it is very important to understand that stock broker must provide trading tools which works with all devices. Other important feature needs to be present in the trading platforms are analysis tools, charts, Real time data streaming, speed, stock recommendations, watchlist etc. Here is the rating of the finest of trading platforms available in the market.

Broking CompanyRankPoints
Kotak Securities18.9
ICICI Direct28.5
Zerodha38
Sharekhan47.5
Angel Broking57
Motilal Oswal66.7
Edelweiss76.4
India Infoline86
RKSV95.7
Karvy105.4

Stock Broker Experience

Every Stock Market investor must keep in mind that the Broking house they are choosing must have very good experience in the stock market sector. This is one of the most critical factors as it gives a lot of confidence to the investor whether their money is going in the right hands. An experience Stock Broker will be able to predict the market well and will also have very strong risk management skills. An Experience Stock Broking House will always be worth taking risk with as they have seen every ups & downs and understand how to deal with all type of market related issues. Let’s review stop 10 stock brokers from the perspective of Experience.

Broking CompanyRankPoints
Motilal Oswal19
Angel Broking28.5
India Infoline38
Sharekhan47.5
Edelweiss57
ICICI Direct66.7
Kotak Securities76.4
SBI Cap Securities86
Zerodha95.7
RKSV105.3