Top brokers in India as of October 2017

Fellow traders and investors,

Here is the latest list of active users as per National stock exchange data.  An active client is considered as someone who has traded at least once a year. Total active clients as per is 71,44,965, that is how many people have traded at least 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.

ICICI SECURITIES LIMITED 713017 ASTHA CREDIT & SECURITIES (P) LTD 4512
HDFC SECURITIES LTD. 516545 DALAL & BROACHA STOCK BROKING PVT. LTD 4333
SHAREKHAN LTD. 454167 PROFITMART SECURITIES PRIVATE LIMITED 4208
ZERODHA 332190 PEERLESS SECURITIES LIMITED 4157
AXIS SECURITIES LIMITED 330923 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 4063
KOTAK SECURITIES LTD. 321496 TRADESWIFT BROKING PRIVATE LIMITED 3978
ANGEL BROKING PRIVATE LIMITED 306541 C.D. EQUISEARCH PVT. LTD 3939
MOTILAL OSWAL SECURITIES LTD. 262486 ZUARI INVESTMENTS LTD. 3592
KARVY STOCK BROKING LTD. 211679 C D INTEGRATED SERVICES LTD. 3585
INDIA INFOLINE LTD. 204437 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 3418
SBICAP SECURITIES LIMITED 198556 KAYNET FINANCE LIMITED 3287
GEOJIT FINANCIAL SERVICES LIMITED 171016 SATCO CAPITAL MARKETS LIMITED 3212
RELIGARE SECURITIES LTD. 133846 DAYCO SECURITIES PVT. LTD. 3193
RELIANCE SECURITIES LIMITED 95928 VIKSON SECURITIES PRIVATE LIMITED 3123
EDELWEISS BROKING LIMITED 91171 INTEGRATED MASTER SECURITIES PVT. LTD. 2992
SMC GLOBAL SECURITIES LTD. 90951 ASHLAR SECURITIES PRIVATE LIMITED 2936
NIRMAL BANG SECURITIES PVT. LTD. 85809 ABHIPRA CAPITAL LTD. 2898
VENTURA SECURITIES LTD. 76161 JYOTI PORTFOLIO PRIVATE LIMITED 2897
ANAND RATHI SHARE AND STOCK BROKERS LIMITED 72343 WEALTH MANTRA LIMITED 2841
TRADEBULLS SECURITIES (P) LTD. 58512 ATS SHARE BROKERS PRIVATE LIMITED 2840
MONARCH NETWORTH CAPITAL LIMITED 52923 NG RATHI INVESTRADES PRIVATED LIMITED 2804
JAINAM SHARE CONSULTANTS PRIVATE LIMITED 46071 MONEYCARE SECURITIES & FINANCIAL SERVICES LTD. 2770
INDIABULLS VENTURES LTD. 45996 SHILPA STOCK BROKER PRIVATE LIMITED 2747
BONANZA PORTFOLIO LTD. 43089 A C AGARWAL SHARE BROKERS PVT LTD 2711
ADITYA BIRLA MONEY LIMITED 42387 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 2637
MASTER CAPITAL SERVICES LIMITED 40556 JUST TRADE SECURITIES LIMITED 2619
INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 37675 MULTIPLEX CAPITAL LTD. 2420
JM FINANCIAL SERVICES LIMITED 35586 AMBALAL SHARES & STOCKS PRIVATE LIMITED 2375
SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 34903 NDA SECURITIES LTD. 2280
SHRI PARASRAM HOLDINGS PVT. LTD. 33998 ALMONDZ GLOBAL SECURITIES LTD. 2089
JHAVERI SECURITIES LIMITED 33637 BHARAT BHUSHAN EQUITY TRADERS LTD. 2004
SHRIRAM INSIGHT SHARE BROKERS LIMITED 30935 MOTISONS SHARES PRIVATE LIMITED 1886
IDBI CAPITAL MARKETS & SECURITIES LTD. 30053 RAGHUNANDAN CAPITAL PRIVATE LIMITED 1833
RKSV SECURITIES INDIA PRIVATE LIMITED 29035 F6 FINSERVE PRIVATE LIMITED 1789
ARIHANT CAPITAL MARKETS LIMITED 28844 CIL SECURITIES LTD. 1764
BMA WEALTH CREATORS LIMITED 28537 SUNLIGHT BROKING LLP 1751
WAY2WEALTH BROKERS PRIVATE LIMITED 26900 TR CAPITAL LIMITED 1714
LKP SECURITIES LTD. 25866 MLB CAPITAL PRIVATE LIMITED 1651
GLOBE CAPITAL MARKET LIMITED 24272 SW CAPITAL PRIVATE LIMITED 1650
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 24084 ESCORTS SECURITIES LTD. 1634
SAMCO SECURITIES LIMITED 23762 AJMERA ASSOCIATES LTD. 1496
SWASTIKA INVESTMART LIMITED 22333 FINVASIA SECURITIES PRIVATE LIMITED 1396
KIFS TRADE CAPITAL PRIVATE LIMITED 20891 NAKAMICHI SECURITIES LTD 1384
ASE CAPITAL MARKETS LTD. 20017 AASMAA SECURITIES PRIVATE LIMITED 1369
ALANKIT ASSIGNMENTS LTD. 19722 NARAYAN SECURITIES LIMITED 1328
PRABHUDAS LILLADHER PVT. LTD. 17400 BADJATE STOCK AND SHARES PRIVATE LIMITED 1324
PRUDENT BROKING SERVICES PRIVATE LIMITED 16668 J M GLOBAL EQUITIES PRIVATE LIMITED 1323
SHCIL SERVICES LIMITED 16622 EAST INDIA SECURITIES LTD. 1285
ASHIKA STOCK BROKING LTD. 16348 VERACITY FINANCIAL SERVICES PVT LTD 1248
VNS FINANCE & CAPITAL SERVICES LTD. 16000 COMPOSITE SECURITIES LTD. 1227
INDITRADE CAPITAL LIMITED 15943 ANMOL SHARE BROKING LTD 1222
ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 15772 FYERS SECURITIES 1211
ISE SECURITIES & SERVICES LIMITED 14533 TIPSONS STOCK BROKERS PRIVATE LIMITED 1185
5PAISA CAPITAL LIMITED 14271 GROVALUE SECURITIES PVT LTD 1160
STEEL CITY SECURITIES LTD. 14224 SKUNG TRADELINK LIMITED 1132
INDIANIVESH SECURITIES LTD. 12733 BERKELEY SECURITIES LIMITED 1132
PHILLIPCAPITAL (INDIA) PVT. LTD 12438 MAX STOCK BROKING PRIVATE LIMITED 1117
TRUSTLINE SECURITIES LIMITED 12220 ARHAM WEALTH MANAGEMENT PVT LTD 1113
BGSE FINANCIALS LIMITED 11833 LFS BROKING PRIVATE LIMITED 1031
BANSAL FINSTOCK PRIVATE LIMITED 11565 C. M. GOENKA STOCK BROKERS PVT. LTD. 1022
CHOICE EQUITY BROKING PRIVATE LIMITED 10929 KUMAR SHARE BROKERS LTD. 943
FAIRWEALTH SECURITIES LIMITED 10746 GREENBUCKS SECURITIES PRIVATE LIMITED 914
DBFS SECURITIES LIMITED 10684 VARDHAMAN CAPITAL PVT. LTD 899
SOUTH ASIAN STOCKS LTD. 10639 BCB BROKERAGE PRIVATE LIMITED 876
SSJ FINANCE & SECURITIES PVT. LTD. 10623 JALAN & CO 868
ADROIT FINANCIAL SERVICES PRIVATE LIMITED 10421 EDELWEISS SECURITIES LIMITED 778
KUNVARJI FINSTOCK PVT. LTD. 10223 FICUS SECURITIES PRIVATE LIMITED 675
NJ INDIA INVEST PRIVATE LIMITED 9978 CREDENTIAL STOCK BROKERS LIMITED 601
R K GLOBAL SHARES & SECURITIES LIMITED 9901 RR EQUITY BROKERS PVT. LTD. 533
MANGAL KESHAV SECURITIES LTD. 9421 ACTION FINANCIAL SERVICES (INDIA) LIMITED 528
LSC Securities Limited 8868 DSE FINANCIAL SERVICES LTD. 525
GUINESS SECURITIES LIMITED 8770 CPR CAPITAL SERVICES LTD. 516
CANARA BANK SECURITIES LIMITED 8745 MSE FINANCIAL SERVICES LTD. 502
BP EQUITIES PRIVATE LIMITED 8694 QUANTUM SECURITIES PVT. LTD. 491
STANDARD CHARTERED SECURITIES (INDIA) LIMITED 8374 ACHINTYA SECURITIES PRIVATE LIMITED 487
INTIME EQUITIES LIMITED 8223 BEST BULL STOCK TRADING 426
KISAN RATILAL CHOKSEY SHARES AND SECURITIES PRIVATE LIMTIED 8186 SHIVMANGAL SECURITIES PRIVATE LIMITED 410
MICROSEC CAPITAL LIMITED 8057 INDO JATALIA SECURITIES PRIVATE LIMITED 394
CAPSTOCKS & SECURITIES (INDIA) PRIVATE LIMITED 7829 PRRSAAR 382
MANSUKH SECURITIES & FINANCE LIMITED 7725 PREM SOMANI SHARE BROKERS PVT. LTD. 359
B N RATHI SECURITIES LIMITED 7585 RAHUL SINGHAL PORTFOLIO 302
ANUGRAH STOCK & BROKING PVT. LTD. 7514 ALTINA SECURITIES PVT. LTD 300
RUDRA SHARES & STOCK BROKERS LIMITED 7238 PROFICIENT EQUITIES PRIVATE LIMITED 300
JOINDRE CAPITAL SERVICES LTD 7067 INVESTSMART STOCK BROKERS PVT. LTD. 296
DESTIMONEY SECURITIES PRIVATE LIMITED 7061 QUANTUM GLOBAL SECURITIES LIMITED 280
PACE STOCK BROKING SERVICES PRIVATE LIMITED 6944 I VENTURES CAPITAL PRIVATE LIMITED 279
JK SECURITIES PVT. LTD. 6879 AMRUTLEELA EQUITIES PRIVATE LIMITED 215
INDBANK MERCHANT BANKING SERVICES LTD. 6737 STOCKS & SECURITIES (BANGALORE) PVT. LTD. 196
NAVIA MARKETS LTD. 6672 4A SECURITIES LIMITED 191
COIMBATORE CAPITAL LIMITED 6642 ALLIED FINANCIAL SERVICES PVT LTD 174
SUNIDHI SECURITIES & FINANCE LIMITED 6625 SODHANI SECURITIES LTD. 164
AMRAPALI AADYA TRADING & INVESTMENT PRIVATE LIMITED 6603 REFLECTION INVESTMENTS 147
IFCI FINANCIAL SERVICES LIMITED 6513 TRADE CITY SECURITIES PRIVATE LIMITED 129
RAJVI STOCK BROKING PRIVATE LIMITED 6377 TRADENEXT SECURITIES LTD 108
SPFL SECURITIES LIMITED 6224 CROWN MONEY 73
VRISE SECURITIES PRIVATE LIMITED 6219 MUNOTH CAPITAL MARKET LTD 59
INVENTURE GROWTH & SECURITIES LIMITED 6178 SHAREWAY SECURITIES LTD. 50
INDIRA SECURITIES PRIVATE LIMITED 6022 GOLDEN STOCK BROKERS PRIVATE LIMITED 36
MPSE SECURITIES LIMITED 6018 SURYA SHAKTI INDIA FINANCIAL PVT. LTD. 36
ELITE WEALTH ADVISORS LIMITED 5669 KORP SECURITIES LTD 34
SKSE SECURITIES LTD. 5534 TRADEHIFI STOCK BROKING PRIVATE LIMITED 31
WELLWORTH SHARE & STOCK BROKING LIMITED 5378 K DAMANI SECURITIES PRIVATE LIMITED 17
CELEBRUS CAPITAL LIMITED 5328 ANGEL SECURITIES LTD 16
SYSTEMATIX SHARES & STOCKS (INDIA) LTD. 5242 PRB SECURITIES PRIVATE LTD. 13
ACUMEN CAPITAL MARKET (INDIA) LTD 5082 ICICI SECURITIES PRIMARY DEALERSHIP LIMITED 1
ALICE BLUE SECURITIES PVT. LTD. 4810 WADHWA SECURITIES LIMITED 1
INDUS PORTFOLIO (P) LTD 4795 AXIS BANK LTD. 1
PROGRESSIVE SHARE BROKERS PRIVATE LIMITED 4521 KOTAK MAHINDRA BANK LTD. 1

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