Top brokers in India as of May 2017

Fellow traders and investors,

Find the latest list of active users as per National stock exchange data.  Active client is considered as someone who  has traded atleast once a year. Total active clients as per is 59,51,301, that is how many people have traded atleast once a year on NSE. I am guessing the unique number of people will be much lesser than that (if I have traded with 2 brokers, it will show me as active with both brokers).

Make sure to check out the financial health of broking firm you are trading with on our website.

Top 20 brokers in India
ICICI SECURITIES LIMITED 631388 Top 3 full service brokers
HDFC SECURITIES LTD. 487418
SHAREKHAN LTD. 375394 ICICI SECURITIES LIMITED 631388
KOTAK SECURITIES LTD. 279305 HDFC SECURITIES LTD. 487418
AXIS SECURITIES LIMITED 269133 SHAREKHAN LTD. 375394
ANGEL BROKING PRIVATE LIMITED 238998
MOTILAL OSWAL SECURITIES LTD. 212617
INDIA INFOLINE LTD. 196904
KARVY STOCK BROKING LTD. 184349 Top 3 discount brokers
ZERODHA 182379
SBICAP SECURITIES LIMITED 172763 Zerodha 182379
GEOJIT BNP PARIBAS FINANCIAL SERVICES LIMITED 160732 SAMCO SECURITIES LIMITED 18986
RELIGARE SECURITIES LTD. 122568 RKSV SECURITIES INDIA PRIVATE LIMITED 18577
RELIANCE SECURITIES LIMITED 81505
EDELWEISS BROKING LIMITED 76387
SMC GLOBAL SECURITIES LTD. 75787
NIRMAL BANG SECURITIES PVT. LTD. 74004
VENTURA SECURITIES LTD. 69587