Who are the largest brokerage firms in India?

I mean selling options worth 0.30,0.10,0.05 Paise. As brokerage of 20 per order/contract would not be suitable in this case. @siva

i think Zerodha will go to 2 place , reason is upstock has given to f&o traders full option chain in web built and trade from option chian , and other feature are very usefull for F&O traders , in this zerodha is worst , they re not providing full option chain , and zerodha is very slow when comparing the other broker , needed feature will be never seen easily in zerokdha

I believe you wont be selling one lot because that may not work from the risk reward perspective. If you are doing more lots then I don’t know why should bother about 20 rs as it is not just about that 20 rs.

@nithin Hii Sir I am a sub broker of multiple broking companies. I have

142 clients in Upstox
346 clients in 5paisa
407 clients in Aliceblue
100 in other broking companies

I would like to open a partner office of Zerodha in my city (Bhiwandi). Please let me know how to proceed.

You can write a mail to [email protected],they should guide you.

are u the authorized person (AP) who earn the referral brokerage commission or the sub broker ? do u got the dealer’s terminal ? how do u manage trade of so many clients ?

Yeah I am registered as AP.

Data for December 2020 is now available

S.No Trading Member Name (aka Name of Stock Broker) Active Clients Change since last month
1 ZERODHA BROKING LIMITED 2923141 +202344
2 RKSV SECURITIES INDIA PRIVATE LIMITED (UPSTOX) 1623515 +79513
3 ICICI SECURITIES LIMITED 1289023 +51051
4 ANGEL BROKING LIMITED 1221008 +97532
5 HDFC SECURITIES LTD. 889126 +26851
6 5PAISA CAPITAL LIMITED 793518 +36080
7 KOTAK SECURITIES LTD. 688217 +3714
8 SHAREKHAN LTD. 632476 +13609
9 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 495271 +18919
10 NEXTBILLION TECHNOLOGY PRIVATE LIMITED (GROWW) 424845 +99939
11 AXIS SECURITIES LIMITED 415014 +14821
12 SBICAP SECURITIES LIMITED 301059 +7788
13 IIFL SECURITIES LIMITED 268346 +7668
14 GEOJIT FINANCIAL SERVICES LIMITED 186169 +4410
15 EDELWEISS BROKING LIMITED 147040 +3132
16 SMC GLOBAL SECURITIES LTD. 127137 +2372
17 RELIGARE BROKING LIMITED 124253 +2485
18 RELIANCE SECURITIES LIMITED 117019 -52
19 NIRMAL BANG SECURITIES PVT. LTD. 115302 +1728
20 ALICE BLUE FIN SVCS P LTD 106680 +6640
21 MARWADI SHARES AND FINANCE LIMITED 99792 +1323
22 VENTURA SECURITIES LTD. 90277 +2518
23 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 79763 +1329
24 SAMCO SECURITIES LIMITED 72728 +1626
25 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 67812 +1168
26 ASTHA CREDIT & SECURITIES § LTD 66917 +4124
27 TRADEBULLS SECURITIES § LTD. 64148 -213
28 MONARCH NETWORTH CAPITAL LIMITED 54879 +974
29 ADITYA BIRLA MONEY LIMITED 52105 +1394
30 CHOICE EQUITY BROKING PRIVATE LIMITED 51361 +5372
31 IDBI CAPITAL MARKETS & SECURITIES LTD. 50125 -28
32 SWASTIKA INVESTMART LIMITED 48744 +1714
33 JM FINANCIAL SERVICES LIMITED 46274 +715
34 MASTER CAPITAL SERVICES LIMITED 44744 +464
35 NJ INDIA INVEST PRIVATE LIMITED 42062 +2195
36 BONANZA PORTFOLIO LTD. 41196 +359
37 SHCIL SERVICES LIMITED 40818 +1647
38 PROFITMART SECURITIES PRIVATE LIMITED 40066 +3013
39 PAYTM MONEY LTD. 39984 +13493
40 JHAVERI SECURITIES LIMITED 39001 +329
41 DHANI STOCKS LIMITED (FORMERLY INDIABULLS SECURITIES) 38967 -270
42 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 38038 +572
43 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 37798 +308
44 GLOBE CAPITAL MARKET LIMITED 35396 +774
45 GOODWILL WEALTH MANAGEMENT PVT LTD 35002 +1368
46 VNS FINANCE & CAPITAL SERVICES LTD. 34705 +1015
47 ARIHANT CAPITAL MARKETS LIMITED 34280 +268
48 SHAH INVESTORS HOME LIMITED 32160 +384
49 PRABHUDAS LILLADHER PVT. LTD. 30288 +723
50 SURESH RATHI SECURITIES PRIVATE LIMITED 29820 +395
51 SHRI PARASRAM HOLDINGS PVT. LTD. 29523 +211
52 FYERS SECURITIES PRIVATE LIMITED 29255 +2480
53 LKP SECURITIES LTD. 27199 +247
54 WAY2WEALTH BROKERS PRIVATE LIMITED 26893 +135
55 SHRIRAM INSIGHT SHARE BROKERS LIMITED 26328 -102
56 ACML CAPITAL MARKETS LIMITED 23441 -399
57 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 22488 +207
58 NAVIA MARKETS LTD. 21917 +540
59 KIFS TRADE CAPITAL PRIVATE LIMITED 20569 +22
60 PRUDENT BROKING SERVICES PRIVATE LIMITED 20196 +41
61 ECONO BROKING PRIVATE LIMITED 17794 +1621
62 SOUTH ASIAN STOCKS LTD. 16367 +543
63 YES SECURITIES (INDIA) LIMITED 16332 +505
64 ALANKIT ASSIGNMENTS LTD. 15743 +564
65 NARNOLIA FINANCIAL ADVISORS LIMITED 15622 -383
66 ASHIKA STOCK BROKING LTD. 15028 +266
67 ZEN SECURITIES LTD. 14965 +333
68 GOLDMINE STOCKS PRIVATE LIMITED 14789 +31
69 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 14750 +645
70 CANARA BANK SECURITIES LIMITED 13800 +420
71 STEEL CITY SECURITIES LTD. 13642 +304
72 PHILLIPCAPITAL (INDIA) PVT. LTD 13432 +261
73 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 13111 -26
74 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 13053 -254
75 ACUMEN CAPITAL MARKET (INDIA) LTD 12951 +439
76 ISS ENTERPRISE LIMITED 12742 +82
77 PRAVIN RATILAL SHARE AND STOCK BROKERS LTD 12505 +190
78 SYKES & RAY EQUITIES (I) LTD. 11475 +303
79 MONEYWISE FINVEST LIMITED 11414 +874
80 TRUSTLINE SECURITIES LIMITED 11028 +161
81 HEM FINLEASE PVT. LTD. 10319 +444
82 LATIN MANHARLAL SECURITIES PVT. LTD. 10143 +176
83 PCS SECURITIES LTD. 10102 +151
84 FINVASIA SECURITIES PRIVATE LIMITED 10070 +587
85 BHANSALI VALUE CREATIONS PRIVATE LIMITED 9993 +113
86 NINE STAR BROKING PRIVATE LIMITED 9987 +111
87 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 9962 +327
88 PUNE E STOCK BROKING PRIVATE LIMITED 9753 +157
89 SSJ FINANCE & SECURITIES PVT. LTD. 9641 +55
90 INVENTURE GROWTH & SECURITIES LIMITED 9572 +267
91 WEALTH INDIA FINANCIAL SERVICES PVT LTD 9526 +706
92 INDIANIVESH SHARES AND SECURITIES PRIVATE LIMITED 9493 -897
93 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 9442 +45
94 BP EQUITIES PRIVATE LIMITED 9120 +155
95 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 8786 +124
96 GEPL CAPITAL PRIVATE LIMITED 8678 +191
97 SHREE BAHUBALI STOCK BROKING LTD 8206 -11
98 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 8048 -6
99 LSC SECURITIES LIMITED 8033 +56
100 ASHLAR SECURITIES PRIVATE LIMITED 8028 -24
2 Likes

Hi< may i know the source, Where can we see the month on month growth ?Pls share the link Thanks :slight_smile:

The data for Active Clients is available on the NSE website. It is updated on a monthly basis (around the 10th of each month) but previous months data is overwritten when that happens. To compare month on month growth, I have been using Excel and manually comparing current month data with the preceding month data. If you want to find month on month growth for a longer time span, you will need to obtain a month-wise per broker active client dataset from an aggregator/provider (maybe such datasets might be available in Refinitiv Eikon).

Since I started sharing the active clients numbers, I have been archiving the pages so that the data remains available in the public domain even after it is removed from the NSE website (For reference, here is the data for - August 2020, September 2020, October 2020, November 2020, December 2020, January 2021)

Also, I had come across a Datawrapper (shared in a blog post) which has month-by-month data for the top 15 brokers starting from November 2019 till July 2020. I added monthly data till January 2021 to that dataset and created two new Datawrappers from it -



4 Likes

Along with the ucc active clients ; how can I know which broker gives the highest exchange turnover ?

What does this mean @ShubhS9 @Bhuvan

A single entity can have only 15% of the Exchange’s turnover in F&O of a particular underlying index and Zerodha’s been touching that for quite some time now. If an entity with say 40% of the volume goes down, it will put the whole system in jeopardy. Hence it’s a systematic risk mitigation restriction by the NSE

1 Like

That data isn’t public. I found this mentioned by Nithin in an different thread -

Why there is two company…
Zerodha Broking Pvt Ltd and
Zerodha Securities Pvt Ltd. ?

I found a support page which explains the difference between Zerodha Broking Limited and Zerodha Securities Private Limited.

Where can I find Financial statements of Zerodha Broking Limited.

I found this link which has Annual Report at end of the page. But it is asking for password.

Data for Jan 2021?

Data for January 2021

S.No. Trading Member Name (aka Name of Stock Broker) Active Clients Change since last month
1 ZERODHA BROKING LIMITED 3142854 +219713
2 RKSV SECURITIES INDIA PRIVATE LIMITED (UPSTOX) 1852948 +229433
3 ICICI SECURITIES LIMITED 1347041 +58018
4 ANGEL BROKING LIMITED 1324598 +103590
5 HDFC SECURITIES LTD. 919784 +30658
6 5PAISA CAPITAL LIMITED 821888 +28370
7 KOTAK SECURITIES LTD. 696517 +8300
8 SHAREKHAN LTD. 656537 +24061
9 NEXTBILLION TECHNOLOGY PRIVATE LIMITED (GROWW) 533203 +108358
10 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 514860 +19589
11 AXIS SECURITIES LIMITED 423454 +8440
12 SBICAP SECURITIES LIMITED 309516 +8457
13 IIFL SECURITIES LIMITED 277139 +8793
14 GEOJIT FINANCIAL SERVICES LIMITED 190759 +4590
15 EDELWEISS BROKING LIMITED 150232 +3192
16 SMC GLOBAL SECURITIES LTD. 130477 +3340
17 RELIGARE BROKING LIMITED 126229 +1976
18 NIRMAL BANG SECURITIES PVT. LTD. 121131 +5829
19 RELIANCE SECURITIES LIMITED 118847 +1828
20 ALICE BLUE FIN SVCS P LTD 111323 +4643
21 MARWADI SHARES AND FINANCE LIMITED 103601 +3809
22 VENTURA SECURITIES LTD. 92560 +2283
23 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 81709 +1946
24 SAMCO SECURITIES LIMITED 74426 +1698
25 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 70432 +2620
26 ASTHA CREDIT & SECURITIES § LTD 68815 +1898
27 TRADEBULLS SECURITIES § LTD. 65158 +1010
28 MONARCH NETWORTH CAPITAL LIMITED 56299 +1420
29 PAYTM MONEY LTD. 53781 +13797
30 CHOICE EQUITY BROKING PRIVATE LIMITED 53553 +2192
31 ADITYA BIRLA MONEY LIMITED 53277 +1172
32 SWASTIKA INVESTMART LIMITED 50418 +1674
33 IDBI CAPITAL MARKETS & SECURITIES LTD. 50141 +16
34 JM FINANCIAL SERVICES LIMITED 47144 +870
35 MASTER CAPITAL SERVICES LIMITED 46120 +1376
36 NJ INDIA INVEST PRIVATE LIMITED 44346 +2284
37 PROFITMART SECURITIES PRIVATE LIMITED 43086 +3020
38 BONANZA PORTFOLIO LTD. 42487 +1291
39 SHCIL SERVICES LIMITED 42382 +1564
40 JHAVERI SECURITIES LIMITED 40140 +1139
41 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 39217 +1179
42 DHANI STOCKS LIMITED (FORMERLY INDIABULLS SECURITIES) 38775 -192
43 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 38283 +485
44 GLOBE CAPITAL MARKET LIMITED 36185 +789
45 GOODWILL WEALTH MANAGEMENT PVT LTD 35880 +878
46 VNS FINANCE & CAPITAL SERVICES LTD. 35755 +1050
47 ARIHANT CAPITAL MARKETS LIMITED 35129 +849
48 SHAH INVESTORS HOME LIMITED 32779 +619
49 FYERS SECURITIES PRIVATE LIMITED 31148 +1893
50 PRABHUDAS LILLADHER PVT. LTD. 31034 +746
51 SURESH RATHI SECURITIES PRIVATE LIMITED 30783 +963
52 SHRI PARASRAM HOLDINGS PVT. LTD. 30362 +839
53 LKP SECURITIES LTD. 27575 +376
54 WAY2WEALTH BROKERS PRIVATE LIMITED 27160 +267
55 SHRIRAM INSIGHT SHARE BROKERS LIMITED 26491 +163
56 ACML CAPITAL MARKETS LIMITED 24292 +851
57 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 22923 +435
58 NAVIA MARKETS LTD. 22294 +377
59 KIFS TRADE CAPITAL PRIVATE LIMITED 21114 +545
60 PRUDENT BROKING SERVICES PRIVATE LIMITED 20587 +391
61 ECONO BROKING PRIVATE LIMITED 19214 +1420
62 YES SECURITIES (INDIA) LIMITED 16946 +614
63 SOUTH ASIAN STOCKS LTD. 16838 +471
64 ALANKIT ASSIGNMENTS LTD. 16330 +587
65 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 15292 +542
66 ZEN SECURITIES LTD. 15250 +285
67 GOLDMINE STOCKS PRIVATE LIMITED 15234 +445
68 NARNOLIA FINANCIAL ADVISORS LIMITED 15187 -435
69 ASHIKA STOCK BROKING LTD. 15004 -24
70 CANARA BANK SECURITIES LIMITED 14222 +422
71 STEEL CITY SECURITIES LTD. 13732 +90
72 PHILLIPCAPITAL (INDIA) PVT. LTD 13647 +215
73 ACUMEN CAPITAL MARKET (INDIA) LTD 13181 +230
74 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 13178 +67
75 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 12951 -102
76 ISS ENTERPRISE LIMITED 12914 +172
77 PRAVIN RATILAL SHARE AND STOCK BROKERS LTD 12868 +363
78 MONEYWISE FINVEST LIMITED 12218 +804
79 SYKES & RAY EQUITIES (I) LTD. 11940 +465
80 TRUSTLINE SECURITIES LIMITED 11241 +213
81 HEM FINLEASE PVT. LTD. 11006 +687
82 FINVASIA SECURITIES PRIVATE LIMITED 10533 +463
83 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 10433 +471
84 NINE STAR BROKING PRIVATE LIMITED 10429 +442
85 LATIN MANHARLAL SECURITIES PVT. LTD. 10378 +235
86 BHANSALI VALUE CREATIONS PRIVATE LIMITED 10325 +332
87 WEALTH INDIA FINANCIAL SERVICES PVT LTD 10196 +670
88 PCS SECURITIES LTD. 10188 +86
89 PUNE E STOCK BROKING PRIVATE LIMITED 9928 +175
90 SSJ FINANCE & SECURITIES PVT. LTD. 9916 +275
91 INVENTURE GROWTH & SECURITIES LIMITED 9856 +284
92 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 9751 +309
93 BP EQUITIES PRIVATE LIMITED 9348 +228
94 GEPL CAPITAL PRIVATE LIMITED 9175 +497
95 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 9005 +219
96 RUDRA SHARES & STOCK BROKERS LIMITED 8500 –
97 INDIANIVESH SHARES AND SECURITIES PRIVATE LIMITED 8407 -1086
98 SHREE BAHUBALI STOCK BROKING LTD 8335 +129
99 LSC SECURITIES LIMITED 8229 +196
100 INDIRA SECURITIES PRIVATE LIMITED 8098 +196
2 Likes

Active clients has shown growth all across. Interesting data.