List of Full Service Brokers in India

Kotak SecuritiesICICI DirectSharekhan
India Infoline (IIFL)Angel BrokingHDFC Securities
Motilal OswalEdelweissKarvy
SBI Cap SecuritiesGeojit BNP ParibasAnand Rathi
Religare SecuritiesIndiabulls Ventures Just Trade
Ventura SecuritiesMarwadi GroupAditya Birla Money
Axis Direct SMC Global

About Full Service Brokers

Full Service BrokersLet’s start the conversation about full service brokers with some of its example – India infoline, Motilal Oswal, ICICI Direct, Kotak Securities, Angel Broking etc. These are some of the best full service brokers in the industry with high volume of trade on daily basis both on NSE & BSE. Now, why they are called full service broker because of the following reasons:

  1. Offline Presence – Full service brokers have both online with brick & mortar model of working, they have huge offline presence in terms of Branches across the country.
  2. Research & Advisory – Full service brokers performs a lot of research on various things related to stock market & provide their research work to the clients as an advisory or recommendation service.
  3. Personalised Service – They provides personalised service to each of their client where every client is provided with a dealer & relationship manager who helps them in each step of investment. These dealers & relationship managers act as a guide to the client and help them to achieve their goal of investment.

Other than these there are many services provided by full service brokers which discount brokers don’t provide. Full service brokers always charges high brokerage compared to discount brokers. They provide quite a lot of services and hence they ask for more brokerage compared to discount brokers. Full service brokers usually charges on an average 3-5 times more brokerage compared to discount brokers. But they charge more because they provide huge number of extra services along with many value added services aswell.

Let’s dig deep in these Full Service Brokers to know in detail about their services & offerings –


Before looking into Kotak Securities Review & Brokerage Charges, Let’s read through some important information about the company. Kotak Securities Limited was founded in 1994 & currently considered as one of the largest stock broking house in India, headquartered in Mumbai. Kotak Securities is a full service broker with massive customer base ranging from 1-1.2 million. They are a stock broking arm of Kotak Mahindra Group having 1200+ branches & franchisees across 359 cities in India. Read More


Sharekhan offers services to the following customers:  individual investors, institutional and traders, corporates & NRI’s. They have now more than 14,00,000 customers in India. Their facilities involve areas to invest on BSE and NSE and also commodity trading on MCX and NCDEX. You can invest here in IPOs and mutual funds and take benefits of depository services (demat account). Read More


ICICI Direct is a retail trading and provides investment service from ICICI Securities. It is the largest retail stock brokering firm in India that offers a wide range of investment to the retail and institutional customers. ICICI Securities is part of ICICI Group. ICICI Securities provides these services to more than 20,00,000 customers through ICICI Direct. Read More


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