We at Top10stockbroker.com believe that choosing the right stock brokers for our readers is of utmost importance. We have put in our 10 years of experience to filter out 5 most important metric to judge the broking houses. These are the five important metric we look at before finalizing the Top 10 stock broker in India 2017 –
1. Stock Advisory, Research & Tips
2. Broking House Brokerage Charges & Fees
3. Products & Services offered by Stock Brokers
4. Trading Platforms provided by Stock Brokers
5. Broking House Experience
Ranking of Top 10 Stock Broker in India 2017
Kotak Securities rules the roost with no. 1 ranking & top rating based on our 5 criteria. They are ranked 1 for two most important criteria i.e Stock advisory & trading platforms. Also ranks second in product & services. They are also well known brand in securities segment & quite popular among high spending clients.
ICICI Direct is ranked 2 with a very good rating nearly similar to kotak securities. ICICI s ranked 1 for product & services, ranked second for research & trading platforms. They are the largest stock broking house in terms of number of clients in NSE. They are also very active in marketing & brand building.
Zerodha is Ranked 3 in top 10 stock broker in India. They are ranked no 1 in Brokerage criteria & are ranked 3 in trading platforms. They are the largest discount broking house in the country & have emerged as one of the fastest growing stock broker in last 2 to 3 years. Zerodha is renowned for their branding strategies.
Angel Broking is ranked 4 among the top 10 stock broker in 2017. They are quite competitive in all the criteria but not a leader in any of them. They are highly experienced stock broking company hence; their clients have lots of faith in them. In last 2 years they have emerged as a powerful brand in this sector & have introduced a lot many products & services. They are also acting as a pioneer in this sector for digitization of entire stock broking processes.
HDFC Securities is ranked 5 in top 10 stock broker in 2017 but they are extremely powerful brand. They are the only broking house who don’t spent a single marketing penny 7 still ranked among the top 5 stock broker. They offer all sorts of products & services, they also charge premium brokerage and still they are very strong in this segment. Their trading platforms are extremely powerful & have massive experience in this sector.
Rest 5 Stock Brokers are Motilal Oswal at rank 6, Sharekhan at rank 7, Edelweiss at rank 8, RKSV at rank 9 & India infoline at rank 10. They are also trying their level best to enter in top 5 segments but by fen 2017, Top 5 brokers are beating them in all criteria. But keep your eyes on these 5 aswell as the ranking gets posted every month based on NSE & BSE performance & Clients Positive Reviews & Complaints.
Let’s see if the ranking changes by end of March or not by then these are our list of top 10 stock brokers in India.