TOP 10 STOCK BROKER IN INDIA 2017

This is a detailed guide to Top 10 Stock Broker in India 2017, Let us check the ranking of best stock brokers of 2017 & then We will discuss about 5 parameters which have been used to rank these Top 10 stock brokers.

Ranking of Top 10 Stock Broker in India 2017

Rank

Broking HouseRatingKnow BrokerDemat a/c

1

Kotak Securities Review & Brokerage Charges8.00/10Learn moreOpen an account

2

ICICI Direct Review & Brokerage Charges7.88/10Learn moreOpen an account

3

Zerodha Review & Brokerage Charges7.34/10Learn moreOpen an account

4

Edelweiss Review & Brokerage Charges7.30/10Learn moreOpen an account

5

Angel Broking Review & Brokerage Charges7.20/10Learn moreOpen an account

6

India Infoline (IIFL) Review & Brokerage Charges7.16/10Learn moreOpen an account

7

Sharekhan Review & Brokerage Charges7.10/10Learn moreOpen an account

8

Motilal Oswal Review`& Brokerage Charges6.92/10Learn moreOpen an account

9

HDFC Securities Review & Brokerage Charges6.84/10Learn moreOpen an account

10

Karvy review & brokerage charges6.54/10Learn moreOpen an account

Parameters for Rating Top 10 Stock Broker in India

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

Stock Advisory, Research & Tips

Stcok Advisory & Tips is one of the most important parameter which determine the rating of these best stock brokers in India. Stock Recommendation plays a vital role in finalizing a stock broker, hence this parameter is extremely vital for this ranking of top stock brokers in India. Kotak securities stock tips is considered to be the best in this sector.

Broking House Brokerage Charges & Fees

Another extremely important metric to determine the best broking house in India is their brokerage charges. Brokerage charges & fees pull a lot of investors towards them especially day traders. Zerodha is a discount broker which is ranked highest in this category.

Products & Services offered by Stock Brokers

One of the most important parameter in this sector for choosing the right broker is the products & services offered by the broking house. These top 10 broking house provides extremely high quality services & are present in mostly all asset classes. One broker who is beating everyone in this category is ICICI Direct.

Trading Platforms provided by Stock Brokers

Trading platform is definitely a major factor in determining the top 10 stock broker in India. Not just the speed & accuracy of these platforms are important but also that they have to be feature rich in all segments like charts, trading facilities, working devices, working browsers & others. Kotak securities rules the roost in this aswell & that’s why they are rated as the best stock broker in India

Broking House Experience

Another important metric to finalize a stock broker is its experience in the stock market sector. This also plays a very pivotal role in choosing the top 10 broking company in India. Motilal oswal is definitely one of the oldest stock broking house in the country.

Rank 1 – Kotak Securities

Kotak Securities rules the roost with no. 1 ranking & top rating based on our 5 criteria. They are ranked 1 in 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. As compared to other broking house they are better ranked across criteria.

Rank 2 – ICICI Direct

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.

Rank 3 – Zerodha

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.

Top 10 stock broker in India 2017Rank 4 – Edelweiss

Edelweiss is ranked 4 better than 6 brokers in our rating of top 10 stock broker in India 2017. They are the only broking house who don’t spent a single marketing penny & 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.

Rank 5 – Angel Broking

Angel Broking is ranked 5 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. Compared to other stock brokers, they are ruling the roost in digital.

Rest of the Broking Houses

Rest 5 Stock Brokers are India Infoline at rank 6, Sharekhan at rank 7, Motilal Oswal at rank 8, HDFC Securities at rank 9 and Karvy at rank 10. They are also trying their level best to enter in top 5 segments but by feb 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.

Kotak Securities reviewZerodha reviewICICI Direct review
5paisa reviewIIFL reviewSharekhan review
Angel Broking reviewTop 10 stock broker in IndiaMotilal Oswal review
Edelweiss ReviewKarvy reviewHDFC Securities review
SBI Cap reviewUptox reviewSAS Online review
Trade Smart Online reviewTradejini reviewAngel Broking franchise
Kotak Securities franchiseICICI Direct franchiseSharekhan franchise
Motilal Oswal franchiseIIFL franchiseSMC franchise
Nirmal Bang franchiseSushil Finance franchiseProfitmart franchise

 

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2 thoughts on “TOP 10 STOCK BROKER IN INDIA 2017

  • October 8, 2017 at 22:27
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    Hi Top10stockbroker.com

    Your Article seems to be really good. Just want to know few things here, how are you determining the rankings of these stock brokers?

    Reply
    • October 8, 2017 at 22:39
      Permalink

      Dear Raja,

      Good to know that you liked the article regarding top 10 stock brokers in India 2017. As mentioned in the post itself, we have taken actual reviews & complaints of customers from NSE & BSE, we are also measuring these brokers based on 5 major parameters required for choosing a right broker, based on these we have given rankings to these brokers. We have provided separate weights to all the parameters before coming into final rankings.

      Thanks Again
      Top10stockbroker.com

      Reply

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