Who are the largest brokerage firms in India?

Being the last one on such a list comes with its own set of advantages.

No worries about competition or peer pressure, but at the same time everyone wants to know who you are.

Like the ones in the last row of the classroom is often the most chilled during the academic year.

Data for July 2022 (XLS - Archived Version) -

Symbol Meaning | :large_blue_circle: - No change | :green_circle: - Moved up | :red_circle: - Moved down | :yellow_circle: - Newly added |

S.No Trading Member Name (aka Name of Stock Broker) Active Clients Since last month Change
1 ZERODHA BROKING LIMITED 6579159 -4453 :large_blue_circle:
2 RKSV SECURITIES INDIA PRIVATE LIMITED (UPSTOX) 5199547 -262454 :large_blue_circle:
3 NEXTBILLION TECHNOLOGY PRIVATE LIMITED (GROWW) 4499782 +77621 :large_blue_circle:
4 ANGEL ONE LIMITED 4063669 +38470 :large_blue_circle:
5 ICICI SECURITIES LIMITED 3182724 -12110 :large_blue_circle:
6 5PAISA CAPITAL LIMITED 1578716 -73986 :large_blue_circle:
7 KOTAK SECURITIES LTD. 1223441 -43983 :large_blue_circle:
8 HDFC SECURITIES LTD. 1177765 +4733 :large_blue_circle:
9 IIFL SECURITIES LIMITED 1141787 -2641 :large_blue_circle:
10 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 915409 -15179 :large_blue_circle:
11 SHAREKHAN LTD. 768940 +2092 :large_blue_circle:
12 SBICAP SECURITIES LIMITED 651839 -1986 :large_blue_circle:
13 PAYTM MONEY LTD. 553792 +50964 :large_blue_circle:
14 AXIS SECURITIES LIMITED 404569 -7632 :large_blue_circle:
15 FNO INDIA SECURITIES PRIVATE LIMITED (MARKETWOLF) 280848 -14931 :large_blue_circle:
16 CHOICE EQUITY BROKING PRIVATE LIMITED 274743 +1961 :large_blue_circle:
17 GEOJIT FINANCIAL SERVICES LIMITED 234764 -2336 :large_blue_circle:
18 EDELWEISS BROKING LIMITED 210236 +2209 :large_blue_circle:
19 SMC GLOBAL SECURITIES LTD. 161427 -2375 :green_circle:
20 RELIGARE BROKING LIMITED 160126 -7840 :red_circle:
21 FYERS SECURITIES PRIVATE LIMITED 147779 +4817 :green_circle:
22 ALICE BLUE FIN SVCS P LTD 142978 -1724 :red_circle:
23 NIRMAL BANG SECURITIES PVT. LTD. 135727 -1629 :large_blue_circle:
24 MARWADI SHARES AND FINANCE LIMITED 127437 -2156 :large_blue_circle:
25 VENTURA SECURITIES LTD. 124499 -1417 :large_blue_circle:
26 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 107513 -477 :large_blue_circle:
27 RELIANCE SECURITIES LIMITED 97385 -1441 :large_blue_circle:
28 BAJAJ FINANCIAL SECURITIES LTD. 94561 -1538 :large_blue_circle:
29 JAINAM BROKING LIMITED 92744 -1553 :large_blue_circle:
30 ESPRESSO FINANCIAL SERVICES PRIVATE LIMITED. 88948 – :yellow_circle:
31 NJ INDIA INVEST PRIVATE LIMITED 77871 -1441 :large_blue_circle:
32 SWASTIKA INVESTMART LIMITED 76093 -886 :large_blue_circle:
33 SAMCO SECURITIES LIMITED 72510 -1712 :large_blue_circle:
34 IDBI CAPITAL MARKETS & SECURITIES LTD. 72223 -121 :green_circle:
35 TRADEBULLS SECURITIES (P) LTD. 71664 -1201 :red_circle:
36 ADITYA BIRLA MONEY LIMITED 68495 -1053 :green_circle:
37 PROFITMART SECURITIES PRIVATE LIMITED 67876 -2115 :red_circle:
38 JM FINANCIAL SERVICES LIMITED 60915 +575 :large_blue_circle:
39 MONARCH NETWORTH CAPITAL LIMITED 58374 -578 :large_blue_circle:
40 SHCIL SERVICES LIMITED 57207 -915 :large_blue_circle:
41 DHANI STOCKS LIMITED 56945 -751 :large_blue_circle:
42 MASTER CAPITAL SERVICES LIMITED 54818 -607 :large_blue_circle:
43 BONANZA PORTFOLIO LTD. 52466 +158 :large_blue_circle:
44 MONEYLICIOUS SECURITIES PRIVATE LIMITED (DHAN) 49986 +5609 :green_circle:
45 GLOBE CAPITAL MARKET LIMITED 48568 -357 :red_circle:
46 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 46561 -354 :red_circle:
47 VNS FINANCE & CAPITAL SERVICES LTD. 44161 -748 :red_circle:
48 ARIHANT CAPITAL MARKETS LIMITED 42688 -645 :large_blue_circle:
49 PRABHUDAS LILLADHER PVT. LTD. 40983 -349 :large_blue_circle:
50 SHRI PARASRAM HOLDINGS PVT. LTD. 34537 -816 :large_blue_circle:
51 GOODWILL WEALTH MANAGEMENT PVT LTD 33834 -86 :large_blue_circle:
52 YES SECURITIES (INDIA) LIMITED 32368 +742 :green_circle:
53 LKP SECURITIES LTD. 31756 -718 :red_circle:
54 FINVASIA SECURITIES PRIVATE LIMITED 29888 +1605 :green_circle:
55 SHRIRAM INSIGHT SHARE BROKERS LIMITED 29311 -175 :red_circle:
56 WAY2WEALTH BROKERS PRIVATE LIMITED 27346 -492 :large_blue_circle:
57 MONEYWISE FINVEST LIMITED 22798 -194 :large_blue_circle:
58 KIFS TRADE CAPITAL PRIVATE LIMITED 22333 -572 :large_blue_circle:
59 SOUTH ASIAN STOCKS LTD. 21986 -36 :green_circle:
60 CANARA BANK SECURITIES LIMITED 21314 -61 :green_circle:
61 ASTHA CREDIT & SECURITIES (P) LTD 21103 -1386 :red_circle:
62 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 20700 -21 :large_blue_circle:
63 ALANKIT IMAGINATIONS LIMITED 17424 – :yellow_circle:
64 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 17369 -319 :red_circle:
65 ACUMEN CAPITAL MARKET (INDIA) LTD 16701 -246 :red_circle:
66 STEEL CITY SECURITIES LTD. 16136 -106 :red_circle:
67 NAVIA MARKETS LTD. 15224 -290 :red_circle:
68 TRUSTLINE SECURITIES LIMITED 14937 -63 :red_circle:
69 BOB CAPITAL MARKETS LIMITED 14102 +8 :green_circle:
70 BGSE FINANCIALS LIMITED 14043 -179 :red_circle:
71 ZEN SECURITIES LTD. 13796 -749 :red_circle:
72 SYKES & RAY EQUITIES (I) LTD. 13119 -155 :red_circle:
73 ISS ENTERPRISE LIMITED 12864 -310 :red_circle:
74 BHANSALI VALUE CREATIONS PRIVATE LIMITED 12031 -307 :red_circle:
75 BP EQUITIES PRIVATE LIMITED 11549 -128 :red_circle:
76 KUNVARJI FINSTOCK PVT. LTD. 11247 – :yellow_circle:
77 PUNE E STOCK BROKING LIMITED 10858 – :yellow_circle:
78 B N RATHI SECURITIES LIMITED 10633 -100 :red_circle:
79 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 10597 -300 :red_circle:
80 MIRAE ASSET CAPITAL MARKETS ( INDIA ) PRIVATE LIMITED 9756 +4072 :green_circle:
81 INDIRA SECURITIES PRIVATE LIMITED 9154 – :yellow_circle:
82 R K GLOBAL SHARES & SECURITIES LIMITED 8838 -104 :red_circle:
83 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 8646 +589 :large_blue_circle:
84 SHREE BAHUBALI STOCK BROKING LTD 8538 -113 :red_circle:
85 JOINDRE CAPITAL SERVICES LTD 8375 -125 :red_circle:
86 MANSUKH SECURITIES & FINANCE LIMITED 8367 -105 :red_circle:
87 SUNIDHI SECURITIES & FINANCE LIMITED 7974 -112 :red_circle:
88 KRCHOKSEY SHARES AND SECURITIES PRIVATE LIMITED 7947 -176 :red_circle:
89 TRADEJINI FINANCIAL SERVICES PVT LTD 7861 +21 :red_circle:
90 MANGAL KESHAV FINANCIAL SERVICES LLP 7695 -225 :red_circle:
91 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 7396 +29 :red_circle:
92 DEALMONEY SECURITIES PRIVATE LIMITED 6698 -255 :red_circle:
93 IFCI FINANCIAL SERVICES LIMITED 6678 -144 :red_circle:
94 PATEL WEALTH ADVISORS PVT LTD 6510 -250 :red_circle:
95 SPFL SECURITIES LIMITED 6174 -82 :red_circle:
96 MARFATIA STOCK BROKING PRIVATE LIMITED 5923 – :yellow_circle:
97 ITI SECURITIES BROKING LIMITED 5524 -120 :red_circle:
98 ASHLAR SECURITIES PRIVATE LIMITED 5366 -247 :red_circle:
99 GANGANAGAR COMMODITY LIMITED 5323 -168 :red_circle:
100 PCS SECURITIES LTD. 5262 -1200 :red_circle:
101 INDUS PORTFOLIO (P) LTD 4881 – :yellow_circle:
102 CONSORTIUM SECURITIES PRIVATE LTD. 4205 -65 :red_circle:
103 COCHIN STOCK BROKERS LTD. 4037 -36 :red_circle:
104 RAGHUNANDAN CAPITAL PRIVATE LIMITED 4021 -66 :red_circle:
105 PEERLESS SECURITIES LIMITED 3941 -149 :red_circle:
106 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 3132 -39 :red_circle:
107 JYOTI PORTFOLIO PRIVATE LIMITED 2776 -65 :red_circle:
108 KEDIA CAPITAL SERVICES PRIVATE LIMITED 2645 -16 :red_circle:
109 INTEGRATED MASTER SECURITIES PVT. LTD. 2575 -76 :red_circle:
110 ESCORTS SECURITIES LTD. 2350 -51 :red_circle:
111 ALMONDZ GLOBAL SECURITIES LTD. 2253 -29 :red_circle:
112 AMBALAL SHARES & STOCKS PRIVATE LIMITED 1949 -38 :red_circle:
113 CIL SECURITIES LTD. 1799 – :yellow_circle:
114 ABHIPRA CAPITAL LTD. 1752 -77 :red_circle:
115 FAIR INTERMEDIATE INVESTMENTS PVT. LTD. 1676 -36 :red_circle:
116 NDA SECURITIES LTD. 1654 – :yellow_circle:
117 MLB CAPITAL PRIVATE LIMITED 1652 -55 :red_circle:
118 COMFORT SECURITIES LIMITED 1631 -52 :red_circle:
119 TRADEWELL SECURITIES LTD. 1626 -46 :red_circle:
120 PEE AAR SECURITIES LIMITED 1533 -23 :red_circle:
121 MANDOT SECURITIES PRIVATE LIMITED 1532 +44 :red_circle:
122 GOGIA CAPITAL SERVICES LIMITED 1392 – :yellow_circle:
123 CONCUNSMART SHARES AND STOCK BROKER PRIVATE LIMITED 1351 -30 :red_circle:
124 INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 1280 +1 :red_circle:
125 ANUSH SHARES & SECURITIES PVT.LTD. 1219 -17 :red_circle:
126 MAITRA COMMODITIES PVT LTD 1140 -51 :red_circle:
127 NAKAMICHI SECURITIES LTD 1093 -16 :red_circle:

Data for August 2022 (XLS - Archived Version) -

Symbol Meaning | :large_blue_circle: - No change | :green_circle: - Moved up | :red_circle: - Moved down | :yellow_circle: - Newly added |

S.No Trading Member Name (aka Name of Stock Broker) Active Clients Since last month Change
1 ZERODHA BROKING LIMITED 6609384 +30225 :large_blue_circle:
2 RKSV SECURITIES INDIA PRIVATE LIMITED (UPSTOX) 4980139 -219408 :large_blue_circle:
3 NEXTBILLION TECHNOLOGY PRIVATE LIMITED (GROWW) 4674263 +174481 :large_blue_circle:
4 ANGEL ONE LIMITED 4111606 +47937 :large_blue_circle:
5 ICICI SECURITIES LIMITED 3124775 -57949 :large_blue_circle:
6 5PAISA CAPITAL LIMITED 1506966 -71750 :large_blue_circle:
7 KOTAK SECURITIES LTD. 1179053 -44388 :large_blue_circle:
8 HDFC SECURITIES LTD. 1176526 -1239 :large_blue_circle:
9 IIFL SECURITIES LIMITED 1124976 -16811 :large_blue_circle:
10 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 906828 -8581 :large_blue_circle:
11 SHAREKHAN LTD. 771090 +2150 :large_blue_circle:
12 SBICAP SECURITIES LIMITED 647733 -4106 :large_blue_circle:
13 PAYTM MONEY LTD. 578639 +24847 :large_blue_circle:
14 AXIS SECURITIES LIMITED 402877 -1692 :large_blue_circle:
15 CHOICE EQUITY BROKING PRIVATE LIMITED 270195 -4548 :green_circle:
16 FNO INDIA SECURITIES PRIVATE LIMITED (MARKETWOLF) 266187 -14661 :red_circle:
17 GEOJIT FINANCIAL SERVICES LIMITED 234020 -744 :large_blue_circle:
18 EDELWEISS BROKING LIMITED 213010 +2774 :large_blue_circle:
19 SMC GLOBAL SECURITIES LTD. 160003 -1424 :large_blue_circle:
20 RELIGARE BROKING LIMITED 158491 -1635 :large_blue_circle:
21 FYERS SECURITIES PRIVATE LIMITED 151272 +3493 :large_blue_circle:
22 ALICE BLUE FIN SVCS P LTD 142358 -620 :large_blue_circle:
23 NIRMAL BANG SECURITIES PVT. LTD. 134286 -1441 :large_blue_circle:
24 MARWADI SHARES AND FINANCE LIMITED 123596 -3841 :large_blue_circle:
25 VENTURA SECURITIES LTD. 122269 -2230 :large_blue_circle:
26 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 107361 -152 :large_blue_circle:
27 ESPRESSO FINANCIAL SERVICES PRIVATE LIMITED. 97628 +8680 :green_circle:
28 RELIANCE SECURITIES LIMITED 95668 -1717 :red_circle:
29 BAJAJ FINANCIAL SECURITIES LTD. 92616 -1945 :red_circle:
30 JAINAM BROKING LIMITED 90338 -2406 :red_circle:
31 NJ INDIA INVEST PRIVATE LIMITED 77073 -798 :large_blue_circle:
32 SWASTIKA INVESTMART LIMITED 76148 +55 :large_blue_circle:
33 SAMCO SECURITIES LIMITED 73324 +814 :large_blue_circle:
34 IDBI CAPITAL MARKETS & SECURITIES LTD. 72302 +79 :large_blue_circle:
35 TRADEBULLS SECURITIES (P) LTD. 70340 -1324 :large_blue_circle:
36 ADITYA BIRLA MONEY LIMITED 67950 -545 :large_blue_circle:
37 PROFITMART SECURITIES PRIVATE LIMITED 66139 -1737 :large_blue_circle:
38 JM FINANCIAL SERVICES LIMITED 61344 +429 :large_blue_circle:
39 MONARCH NETWORTH CAPITAL LIMITED 57734 -640 :large_blue_circle:
40 SHCIL SERVICES LIMITED 56718 -489 :large_blue_circle:
41 DHANI STOCKS LIMITED 56094 -851 :large_blue_circle:
42 MONEYLICIOUS SECURITIES PRIVATE LIMITED (DHAN) 55101 +5115 :green_circle:
43 MASTER CAPITAL SERVICES LIMITED 54213 -605 :red_circle:
44 BONANZA PORTFOLIO LTD. 51647 -819 :red_circle:
45 GLOBE CAPITAL MARKET LIMITED 48363 -205 :large_blue_circle:
46 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 46369 -192 :large_blue_circle:
47 ARIHANT CAPITAL MARKETS LIMITED 42685 -3 :green_circle:
48 VNS FINANCE & CAPITAL SERVICES LTD. 41985 -2176 :red_circle:
49 PRABHUDAS LILLADHER PVT. LTD. 40812 -171 :large_blue_circle:
50 SURESH RATHI SECURITIES PRIVATE LIMITED 36173 – :yellow_circle:
51 SHRI PARASRAM HOLDINGS PVT. LTD. 33689 -848 :red_circle:
52 YES SECURITIES (INDIA) LIMITED 33561 +1193 :large_blue_circle:
53 GOODWILL WEALTH MANAGEMENT PVT LTD 33526 -308 :red_circle:
54 FINVASIA SECURITIES PRIVATE LIMITED 31782 +1894 :large_blue_circle:
55 LKP SECURITIES LTD. 31146 -610 :red_circle:
56 SHRIRAM INSIGHT SHARE BROKERS LIMITED 29209 -102 :red_circle:
57 WAY2WEALTH BROKERS PRIVATE LIMITED 26900 -446 :red_circle:
58 MONEYWISE FINVEST LIMITED 22506 -292 :red_circle:
59 SOUTH ASIAN STOCKS LTD. 22237 +251 :large_blue_circle:
60 KIFS TRADE CAPITAL PRIVATE LIMITED 21806 -527 :red_circle:
61 CANARA BANK SECURITIES LIMITED 21473 +159 :red_circle:
62 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 20692 -8 :large_blue_circle:
63 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 20669 – :yellow_circle:
64 ASTHA CREDIT & SECURITIES (P) LTD 20190 -913 :red_circle:
65 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 17076 -293 :red_circle:
66 ALANKIT IMAGINATIONS LIMITED 17040 -384 :red_circle:
67 ACUMEN CAPITAL MARKET (INDIA) LTD 16608 -93 :red_circle:
68 MIRAE ASSET CAPITAL MARKETS ( INDIA ) PRIVATE LIMITED 16024 +6268 :green_circle:
69 STEEL CITY SECURITIES LTD. 15999 -137 :red_circle:
70 TRUSTLINE SECURITIES LIMITED 14890 -47 :red_circle:
71 NAVIA MARKETS LTD. 14848 -376 :red_circle:
72 BOB CAPITAL MARKETS LIMITED 14405 +303 :red_circle:
73 CHOLAMANDALAM SECURITIES LIMITED 14270 – :yellow_circle:
74 ANS PVT. LTD. 14263 – :yellow_circle:
75 BGSE FINANCIALS LIMITED 13874 -169 :red_circle:
76 ZEN SECURITIES LTD. 13186 -610 :red_circle:
77 SYKES & RAY EQUITIES (I) LTD. 13047 -72 :red_circle:
78 ISS ENTERPRISE LIMITED 12628 -236 :red_circle:
79 BHANSALI VALUE CREATIONS PRIVATE LIMITED 11650 -381 :red_circle:
80 BP EQUITIES PRIVATE LIMITED 11403 -146 :red_circle:
81 KUNVARJI FINSTOCK PVT. LTD. 10987 -260 :red_circle:
82 PUNE E STOCK BROKING LIMITED 10697 -161 :red_circle:
83 B N RATHI SECURITIES LIMITED 10562 -71 :red_circle:
84 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 10429 -168 :red_circle:
85 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 9227 +581 :red_circle:
86 INDIRA SECURITIES PRIVATE LIMITED 9015 -139 :red_circle:
87 R K GLOBAL SHARES & SECURITIES LIMITED 8785 -53 :red_circle:
88 SHREE BAHUBALI STOCK BROKING LTD 8486 -52 :red_circle:
89 JOINDRE CAPITAL SERVICES LTD 8387 +12 :red_circle:
90 MANSUKH SECURITIES & FINANCE LIMITED 8313 -54 :red_circle:
91 TRADEJINI FINANCIAL SERVICES PVT LTD 7917 +56 :red_circle:
92 SUNIDHI SECURITIES & FINANCE LIMITED 7872 -102 :red_circle:
93 KRCHOKSEY SHARES AND SECURITIES PRIVATE LIMITED 7790 -157 :red_circle:
94 MANGAL KESHAV FINANCIAL SERVICES LLP 7513 -182 :red_circle:
95 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 7435 +39 :red_circle:
96 DEALMONEY SECURITIES PRIVATE LIMITED 6539 -159 :red_circle:
97 IFCI FINANCIAL SERVICES LIMITED 6456 -222 :red_circle:
98 PATEL WEALTH ADVISORS PVT LTD 6212 -298 :red_circle:
99 SPFL SECURITIES LIMITED 6110 -64 :red_circle:
100 A C AGARWAL SHARE BROKERS PVT LTD 6027 – :yellow_circle:
101 SUNLIGHT BROKING LLP 5919 – :yellow_circle:
102 MARFATIA STOCK BROKING PRIVATE LIMITED 5838 -85 :red_circle:
103 ITI SECURITIES BROKING LIMITED 5428 -96 :red_circle:
104 ELITE WEALTH LIMITED 5274 – :yellow_circle:
105 ASHLAR SECURITIES PRIVATE LIMITED 5200 -166 :red_circle:
106 GANGANAGAR COMMODITY LIMITED 5124 -199 :red_circle:
107 INDUS PORTFOLIO (P) LTD 4736 -145 :red_circle:
108 SUNFLOWER BROKING PVT. LTD. 4463 – :yellow_circle:
109 CONSORTIUM SECURITIES PRIVATE LTD. 4144 -61 :red_circle:
110 PCS SECURITIES LTD. 4081 -1181 :red_circle:
111 COCHIN STOCK BROKERS LTD. 4033 -4 :red_circle:
112 RAGHUNANDAN CAPITAL PRIVATE LIMITED 4013 -8 :red_circle:
113 PEERLESS SECURITIES LIMITED 3946 +5 :red_circle:
114 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 3112 -20 :red_circle:
115 JYOTI PORTFOLIO PRIVATE LIMITED 2733 -43 :red_circle:
116 KEDIA CAPITAL SERVICES PRIVATE LIMITED 2630 -15 :red_circle:
117 INTEGRATED MASTER SECURITIES PVT. LTD. 2561 -14 :red_circle:
118 ESCORTS SECURITIES LTD. 2304 -46 :red_circle:
119 ALMONDZ GLOBAL SECURITIES LTD. 2178 -75 :red_circle:
120 AMBALAL SHARES & STOCKS PRIVATE LIMITED 1984 +35 :red_circle:
121 CIL SECURITIES LTD. 1771 -28 :red_circle:
122 ABHIPRA CAPITAL LTD. 1708 -44 :red_circle:
123 FAIR INTERMEDIATE INVESTMENTS PVT. LTD. 1656 -20 :red_circle:
124 MLB CAPITAL PRIVATE LIMITED 1645 -7 :red_circle:
125 NDA SECURITIES LTD. 1642 -12 :red_circle:
126 COMFORT SECURITIES LIMITED 1614 -17 :red_circle:
127 TRADEWELL SECURITIES LTD. 1596 -30 :red_circle:
128 MANDOT SECURITIES PRIVATE LIMITED 1544 +12 :red_circle:
129 PEE AAR SECURITIES LIMITED 1515 -18 :red_circle:
130 GOGIA CAPITAL SERVICES LIMITED 1384 -8 :red_circle:
131 CONCUNSMART SHARES AND STOCK BROKER PRIVATE LIMITED 1330 -21 :red_circle:
132 INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 1262 -18 :red_circle:
133 ANUSH SHARES & SECURITIES PVT.LTD. 1204 -15 :red_circle:
134 NAKAMICHI SECURITIES LTD 1090 -3 :red_circle:
135 MAITRA COMMODITIES PVT LTD 1085 -55 :red_circle:
136 STANDARD SECURITIES & INVESTMENT INTERMEDIATES LIMITED 1046 – :yellow_circle:
137 KHANDWALA SECURITIES LTD. 1009 – :yellow_circle:

It’s from a low base, but Mstock, ESPRESSO and Dhan have added most when you compare β€œActive Clients : New Clients” .

2 Likes

Groww has been adding more clients than Zerodha since August 2021. It has seen the highest growth among all brokers.
While Angel One is adding more clients in absolute numbers than Zerodha from last 7 months.

Dhan is only around 9 months old. The way they are going the big boys are sure to feel some heat.

@Prayag September Month Data Pls

Data for September 2022 (XLS - Archived Version) -

Symbol Meaning | :large_blue_circle: - No change | :green_circle: - Moved up | :red_circle: - Moved down | :yellow_circle: - Newly added |

S.No Trading Member Name (aka Name of Stock Broker) Active Clients Since last month Change
1 ZERODHA BROKING LIMITED 6680702 +71318 :large_blue_circle:
2 NEXTBILLION TECHNOLOGY PRIVATE LIMITED (GROWW) 4885140 +210877 :green_circle:
3 RKSV SECURITIES INDIA PRIVATE LIMITED (UPSTOX) 4705386 -274753 :red_circle:
4 ANGEL ONE LIMITED 4186988 +75382 :large_blue_circle:
5 ICICI SECURITIES LIMITED 3058418 -66357 :large_blue_circle:
6 5PAISA CAPITAL LIMITED 1428063 -78903 :large_blue_circle:
7 HDFC SECURITIES LTD. 1174335 -2191 :green_circle:
8 KOTAK SECURITIES LTD. 1149101 -29952 :red_circle:
9 IIFL SECURITIES LIMITED 1041985 -82991 :large_blue_circle:
10 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 911250 +4422 :large_blue_circle:
11 SHAREKHAN LTD. 777362 +6272 :large_blue_circle:
12 SBICAP SECURITIES LIMITED 645713 -2020 :large_blue_circle:
13 PAYTM MONEY LTD. 602988 +24349 :large_blue_circle:
14 AXIS SECURITIES LIMITED 402261 -616 :large_blue_circle:
15 CHOICE EQUITY BROKING PRIVATE LIMITED 275812 +5617 :large_blue_circle:
16 FNO INDIA SECURITIES PRIVATE LIMITED (MARKETWOLF) 238687 -27500 :large_blue_circle:
17 GEOJIT FINANCIAL SERVICES LIMITED 235542 +1522 :large_blue_circle:
18 EDELWEISS BROKING LIMITED 216993 +3983 :large_blue_circle:
19 SMC GLOBAL SECURITIES LTD. 159518 -485 :large_blue_circle:
20 RELIGARE BROKING LIMITED 157724 -767 :large_blue_circle:
21 FINWIZARD TECHNOLOGY PRIVATE LIMITED 155763 – :yellow_circle:
22 FYERS SECURITIES PRIVATE LIMITED 155287 +4015 :red_circle:
23 ALICE BLUE FIN SVCS P LTD 143652 +1294 :red_circle:
24 NIRMAL BANG SECURITIES PVT. LTD. 133842 -444 :red_circle:
25 MARWADI SHARES AND FINANCE LIMITED 122524 -1072 :red_circle:
26 VENTURA SECURITIES LTD. 120465 -1804 :red_circle:
27 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 108049 +688 :red_circle:
28 ESPRESSO FINANCIAL SERVICES PRIVATE LIMITED. 99380 +1752 :red_circle:
29 RELIANCE SECURITIES LIMITED 95082 -586 :red_circle:
30 BAJAJ FINANCIAL SECURITIES LTD. 91142 -1474 :red_circle:
31 JAINAM BROKING LIMITED 89993 -345 :red_circle:
32 NJ INDIA INVEST PRIVATE LIMITED 77382 +309 :red_circle:
33 SWASTIKA INVESTMART LIMITED 76589 +441 :red_circle:
34 SAMCO SECURITIES LIMITED 73284 -40 :red_circle:
35 IDBI CAPITAL MARKETS & SECURITIES LTD. 71199 -1103 :red_circle:
36 TRADEBULLS SECURITIES (P) LTD. 70282 -58 :red_circle:
37 ADITYA BIRLA MONEY LIMITED 67798 -152 :red_circle:
38 PROFITMART SECURITIES PRIVATE LIMITED 63219 -2920 :red_circle:
39 JM FINANCIAL SERVICES LIMITED 62185 +841 :red_circle:
40 MONEYLICIOUS SECURITIES PRIVATE LIMITED (DHAN) 61555 +6454 :green_circle:
41 MONARCH NETWORTH CAPITAL LIMITED 57415 -319 :red_circle:
42 SHCIL SERVICES LIMITED 56673 -45 :red_circle:
43 DHANI STOCKS LIMITED 54990 -1104 :red_circle:
44 MASTER CAPITAL SERVICES LIMITED 54132 -81 :red_circle:
45 BONANZA PORTFOLIO LTD. 51504 -143 :red_circle:
46 GLOBE CAPITAL MARKET LIMITED 48219 -144 :red_circle:
47 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 46164 -205 :red_circle:
48 ARIHANT CAPITAL MARKETS LIMITED 42991 +306 :red_circle:
49 PRABHUDAS LILLADHER PVT. LTD. 41073 +261 :large_blue_circle:
50 VNS FINANCE & CAPITAL SERVICES LTD. 39368 -2617 :red_circle:
51 SURESH RATHI SECURITIES PRIVATE LIMITED 35865 -308 :red_circle:
52 FINVASIA SECURITIES PRIVATE LIMITED 34409 +2627 :green_circle:
53 YES SECURITIES (INDIA) LIMITED 34314 +753 :red_circle:
54 GOODWILL WEALTH MANAGEMENT PVT LTD 33584 +58 :red_circle:
55 SHRI PARASRAM HOLDINGS PVT. LTD. 33488 -201 :red_circle:
56 SHAH INVESTORS HOME LIMITED 32733 – :yellow_circle:
57 LKP SECURITIES LTD. 30848 -298 :red_circle:
58 SHRIRAM INSIGHT SHARE BROKERS LIMITED 28955 -254 :red_circle:
59 WAY2WEALTH BROKERS PRIVATE LIMITED 26515 -385 :red_circle:
60 MIRAE ASSET CAPITAL MARKETS ( INDIA ) PRIVATE LIMITED 25622 +9598 :green_circle:
61 ECONO BROKING PRIVATE LIMITED 25425 – :yellow_circle:
62 MONEYWISE FINVEST LIMITED 22712 +206 :red_circle:
63 SOUTH ASIAN STOCKS LTD. 22380 +143 :red_circle:
64 KIFS TRADE CAPITAL PRIVATE LIMITED 21614 -192 :red_circle:
65 CANARA BANK SECURITIES LIMITED 21607 +134 :red_circle:
66 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 20858 +166 :red_circle:
67 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 20242 -427 :red_circle:
68 ASHIKA STOCK BROKING LTD. 19931 – :yellow_circle:
69 ASTHA CREDIT & SECURITIES (P) LTD 19416 -774 :red_circle:
70 ALANKIT IMAGINATIONS LIMITED 16770 -270 :red_circle:
71 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 16657 -419 :red_circle:
72 ACUMEN CAPITAL MARKET (INDIA) LTD 16508 -100 :red_circle:
73 STEEL CITY SECURITIES LTD. 15993 -6 :red_circle:
74 CHOLAMANDALAM SECURITIES LIMITED 14879 +609 :red_circle:
75 TRUSTLINE SECURITIES LIMITED 14831 -59 :red_circle:
76 BOB CAPITAL MARKETS LIMITED 14571 +166 :red_circle:
77 NAVIA MARKETS LTD. 14550 -298 :red_circle:
78 ANS PVT. LTD. 14198 -65 :red_circle:
79 BGSE FINANCIALS LIMITED 13713 -161 :red_circle:
80 SYKES & RAY EQUITIES (I) LTD. 13127 +80 :red_circle:
81 ISS ENTERPRISE LIMITED 12461 -167 :red_circle:
82 ZEN SECURITIES LTD. 12445 -741 :red_circle:
83 BHANSALI VALUE CREATIONS PRIVATE LIMITED 11567 -83 :red_circle:
84 BP EQUITIES PRIVATE LIMITED 11391 -12 :red_circle:
85 KUNVARJI FINSTOCK PVT. LTD. 10881 -106 :red_circle:
86 PUNE E STOCK BROKING LIMITED 10575 -122 :red_circle:
87 B N RATHI SECURITIES LIMITED 10571 +9 :red_circle:
88 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 10370 -59 :red_circle:
89 INDBANK MERCHANT BANKING SERVICES LTD. 10300 – :yellow_circle:
90 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 10058 +831 :red_circle:
91 GEPL CAPITAL PRIVATE LIMITED 9524 – :yellow_circle:
92 SSJ FINANCE & SECURITIES PVT. LTD. 9213 – :yellow_circle:
93 INDIRA SECURITIES PRIVATE LIMITED 8952 -63 :red_circle:
94 R K GLOBAL SHARES & SECURITIES LIMITED 8741 -44 :red_circle:
95 JOINDRE CAPITAL SERVICES LTD 8412 +25 :red_circle:
96 SHREE BAHUBALI STOCK BROKING LTD 8380 -106 :red_circle:
97 MANSUKH SECURITIES & FINANCE LIMITED 8272 -41 :red_circle:
98 TRADEJINI FINANCIAL SERVICES PVT LTD 8078 +161 :red_circle:
99 SUNIDHI SECURITIES & FINANCE LIMITED 7799 -73 :red_circle:
100 KRCHOKSEY SHARES AND SECURITIES PRIVATE LIMITED 7757 -33 :red_circle:
101 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 7494 +59 :red_circle:
102 MANGAL KESHAV FINANCIAL SERVICES LLP 7411 -102 :red_circle:
103 IFCI FINANCIAL SERVICES LIMITED 6511 +55 :red_circle:
104 RIKHAV SECURITIES LIMITED 6486 – :yellow_circle:
105 DEALMONEY SECURITIES PRIVATE LIMITED 6397 -142 :red_circle:
106 PATEL WEALTH ADVISORS PVT LTD 6129 -83 :red_circle:
107 SPFL SECURITIES LIMITED 6100 -10 :red_circle:
108 A C AGARWAL SHARE BROKERS PVT LTD 6014 -13 :red_circle:
109 SUNLIGHT BROKING LLP 5980 +61 :red_circle:
110 MARFATIA STOCK BROKING PRIVATE LIMITED 5812 -26 :red_circle:
111 ITI SECURITIES BROKING LIMITED 5355 -73 :red_circle:
112 ELITE WEALTH LIMITED 5205 -69 :red_circle:
113 GANGANAGAR COMMODITY LIMITED 5098 -26 :red_circle:
114 ASHLAR SECURITIES PRIVATE LIMITED 5095 -105 :red_circle:
115 VERTEX SECURITIES LTD. 5083 – :yellow_circle:
116 INDUS PORTFOLIO (P) LTD 4685 -51 :red_circle:
117 SUNFLOWER BROKING PVT. LTD. 4455 -8 :red_circle:
118 CONSORTIUM SECURITIES PRIVATE LTD. 4092 -52 :red_circle:
119 RAGHUNANDAN CAPITAL PRIVATE LIMITED 4085 +72 :red_circle:
120 COCHIN STOCK BROKERS LTD. 4000 -33 :red_circle:
121 PEERLESS SECURITIES LIMITED 3955 +9 :red_circle:
122 PCS SECURITIES LTD. 3094 -987 :red_circle:
123 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 3091 -21 :red_circle:
124 JYOTI PORTFOLIO PRIVATE LIMITED 2734 +1 :red_circle:
125 KEDIA CAPITAL SERVICES PRIVATE LIMITED 2624 -6 :red_circle:
126 INTEGRATED MASTER SECURITIES PVT. LTD. 2541 -20 :red_circle:
127 ESCORTS SECURITIES LTD. 2230 -74 :red_circle:
128 ALMONDZ GLOBAL SECURITIES LTD. 2126 -52 :red_circle:
129 AMBALAL SHARES & STOCKS PRIVATE LIMITED 1982 -2 :red_circle:
130 CIL SECURITIES LTD. 1748 -23 :red_circle:
131 ABHIPRA CAPITAL LTD. 1706 -2 :red_circle:
132 FAIR INTERMEDIATE INVESTMENTS PVT. LTD. 1651 -5 :red_circle:
133 NDA SECURITIES LTD. 1624 -18 :red_circle:
134 MLB CAPITAL PRIVATE LIMITED 1623 -22 :red_circle:
135 COMFORT SECURITIES LIMITED 1593 -21 :red_circle:
136 TRADEWELL SECURITIES LTD. 1586 -10 :red_circle:
137 MANDOT SECURITIES PRIVATE LIMITED 1565 +21 :red_circle:
138 PEE AAR SECURITIES LIMITED 1507 -8 :red_circle:
139 FARSIGHT SECURITIES LTD. 1504 – :yellow_circle:
140 GOGIA CAPITAL SERVICES LIMITED 1397 +13 :red_circle:
141 CONCUNSMART SHARES AND STOCK BROKER PRIVATE LIMITED 1302 -28 :red_circle:
142 INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 1265 +3 :red_circle:
143 ANUSH SHARES & SECURITIES PVT.LTD. 1197 -7 :red_circle:
144 STANDARD SECURITIES & INVESTMENT INTERMEDIATES LIMITED 1159 +113 :red_circle:
145 NAKAMICHI SECURITIES LTD 1095 +5 :red_circle:
146 MAITRA COMMODITIES PVT LTD 1058 -27 :red_circle:
147 KHANDWALA SECURITIES LTD. 1004 -5 :red_circle:
148 EAST INDIA SECURITIES LTD. 999 – :yellow_circle:
5 Likes

Who would use the services of these smallest brokers listed in the bottom, family trusts, HUFs, HNIs etc? Definitely not retail.

1 Like

It will be better, if exchange declares the volumewise data. its hard to predict volume of brokers on the basis of active clientwise data.
exchange publish data with clientwise volume, but it doesn’t mention names ( only mentioned volumewise top 10 trading members). And daily file contains volume of FII,DII, PRO, & CLIENT without more details.

Dhan is growing 10% monthly from low user base.

1 Like

GROWW is moving up so fast. Can someone clarify how are the services of GROWW ?

2 Likes

I like Groww since they have auto-debit facility for SIP’s. Currently Coin doesn’t have that feature.
So for every SIP we have to pay.

2 Likes

Hi,Do they allow OTM options ?

Data for October 2022 (XLS - Archived Version) -

Symbol Meaning | :large_blue_circle: - No change | :green_circle: - Moved up | :red_circle: - Moved down | :yellow_circle: - Newly added |

S. No Trading Member Name (aka Name of Stock Broker) Active Clients Since last month Change
1 ZERODHA BROKING LIMITED 6638326 -42376 :large_blue_circle:
2 NEXTBILLION TECHNOLOGY PRIVATE LIMITED (GROWW) 4979567 +94427 :large_blue_circle:
3 RKSV SECURITIES INDIA PRIVATE LIMITED (UPSTOX) 4421338 -284048 :large_blue_circle:
4 ANGEL ONE LIMITED 4216380 +29392 :large_blue_circle:
5 ICICI SECURITIES LIMITED 2908417 -150001 :large_blue_circle:
6 5PAISA CAPITAL LIMITED 1343195 -84868 :large_blue_circle:
7 HDFC SECURITIES LTD. 1163260 -11075 :large_blue_circle:
8 KOTAK SECURITIES LTD. 1120212 -28889 :large_blue_circle:
9 IIFL SECURITIES LIMITED 919226 -122759 :large_blue_circle:
10 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 907066 -4184 :large_blue_circle:
11 SHAREKHAN LTD. 768586 -8776 :large_blue_circle:
12 SBICAP SECURITIES LIMITED 639738 -5975 :large_blue_circle:
13 PAYTM MONEY LTD. 610669 +7681 :large_blue_circle:
14 AXIS SECURITIES LIMITED 392868 -9393 :large_blue_circle:
15 CHOICE EQUITY BROKING PRIVATE LIMITED 279917 +4105 :large_blue_circle:
16 GEOJIT FINANCIAL SERVICES LIMITED 233443 -2099 :green_circle:
17 EDELWEISS BROKING LIMITED 216804 -189 :green_circle:
18 FNO INDIA SECURITIES PRIVATE LIMITED (MARKETWOLF) 211679 -27008 :red_circle:
19 FYERS SECURITIES PRIVATE LIMITED 158536 +3249 :green_circle:
20 SMC GLOBAL SECURITIES LTD. 157628 -1890 :red_circle:
21 RELIGARE BROKING LIMITED 154514 -3210 :red_circle:
22 ALICE BLUE FIN SVCS P LTD 141909 -1743 :green_circle:
23 FINWIZARD TECHNOLOGY PRIVATE LIMITED 138722 -17041 :red_circle:
24 NIRMAL BANG SECURITIES PVT. LTD. 132411 -1431 :large_blue_circle:
25 MARWADI SHARES AND FINANCE LIMITED 122552 +28 :large_blue_circle:
26 VENTURA SECURITIES LTD. 117878 -2587 :large_blue_circle:
27 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 107304 -745 :large_blue_circle:
28 ESPRESSO FINANCIAL SERVICES PRIVATE LIMITED. 100345 +965 :large_blue_circle:
29 RELIANCE SECURITIES LIMITED 93548 -1534 :large_blue_circle:
30 JAINAM BROKING LIMITED 89403 -590 :green_circle:
31 BAJAJ FINANCIAL SECURITIES LTD. 88505 -2637 :red_circle:
32 NJ INDIA INVEST PRIVATE LIMITED 76349 -1033 :large_blue_circle:
33 SWASTIKA INVESTMART LIMITED 76037 -552 :large_blue_circle:
34 SAMCO SECURITIES LIMITED 72476 -808 :large_blue_circle:
35 TRADEBULLS SECURITIES (P) LTD. 69694 -588 :green_circle:
36 IDBI CAPITAL MARKETS & SECURITIES LTD. 69530 -1669 :red_circle:
37 MONEYLICIOUS SECURITIES PRIVATE LIMITED (DHAN) 68256 +6701 :green_circle:
38 ADITYA BIRLA MONEY LIMITED 66685 -1113 :red_circle:
39 JM FINANCIAL SERVICES LIMITED 62354 +169 :large_blue_circle:
40 PROFITMART SECURITIES PRIVATE LIMITED 60668 -2551 :red_circle:
41 MONARCH NETWORTH CAPITAL LIMITED 57012 -403 :large_blue_circle:
42 SHCIL SERVICES LIMITED 55682 -991 :large_blue_circle:
43 MASTER CAPITAL SERVICES LIMITED 53832 -300 :green_circle:
44 DHANI STOCKS LIMITED 51697 -3293 :red_circle:
45 BONANZA PORTFOLIO LTD. 50888 -616 :large_blue_circle:
46 GLOBE CAPITAL MARKET LIMITED 47566 -653 :large_blue_circle:
47 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 45608 -556 :large_blue_circle:
48 ARIHANT CAPITAL MARKETS LIMITED 42533 -458 :large_blue_circle:
49 PRABHUDAS LILLADHER PVT. LTD. 40773 -300 :large_blue_circle:
50 VNS FINANCE & CAPITAL SERVICES LTD. 39449 +81 :large_blue_circle:
51 MIRAE ASSET CAPITAL MARKETS ( INDIA ) PRIVATE LIMITED 38071 +12449 :green_circle:
52 FINVASIA SECURITIES PRIVATE LIMITED 36781 +2372 :large_blue_circle:
53 SURESH RATHI SECURITIES PRIVATE LIMITED 35375 -490 :red_circle:
54 YES SECURITIES (INDIA) LIMITED 34380 +66 :red_circle:
55 GOODWILL WEALTH MANAGEMENT PVT LTD 33694 +110 :red_circle:
56 SHRI PARASRAM HOLDINGS PVT. LTD. 32963 -525 :red_circle:
57 SHAH INVESTORS HOME LIMITED 32332 -401 :red_circle:
58 LKP SECURITIES LTD. 30254 -594 :red_circle:
59 SHRIRAM INSIGHT SHARE BROKERS LIMITED 28512 -443 :red_circle:
60 WAY2WEALTH BROKERS PRIVATE LIMITED 26017 -498 :red_circle:
61 ECONO BROKING PRIVATE LIMITED 25066 -359 :large_blue_circle:
62 MONEYWISE FINVEST LIMITED 23074 +362 :large_blue_circle:
63 SOUTH ASIAN STOCKS LTD. 22184 -196 :large_blue_circle:
64 CANARA BANK SECURITIES LIMITED 21492 -115 :green_circle:
65 KIFS TRADE CAPITAL PRIVATE LIMITED 21265 -349 :red_circle:
66 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 20884 +26 :large_blue_circle:
67 ASHIKA STOCK BROKING LTD. 19757 -174 :green_circle:
68 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 19728 -514 :red_circle:
69 ASTHA CREDIT & SECURITIES (P) LTD 18665 -751 :large_blue_circle:
70 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 16425 -232 :green_circle:
71 ALANKIT IMAGINATIONS LIMITED 16327 -443 :red_circle:
72 ACUMEN CAPITAL MARKET (INDIA) LTD 16189 -319 :large_blue_circle:
73 STEEL CITY SECURITIES LTD. 15910 -83 :large_blue_circle:
74 CHOLAMANDALAM SECURITIES LIMITED 15235 +356 :large_blue_circle:
75 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 14984 – :yellow_circle:
76 TRUSTLINE SECURITIES LIMITED 14588 -243 :red_circle:
77 NAVIA MARKETS LTD. 14259 -291 :large_blue_circle:
78 ANS PVT. LTD. 14088 -110 :large_blue_circle:
79 BOB CAPITAL MARKETS LIMITED 13636 -935 :red_circle:
80 BGSE FINANCIALS LIMITED 13494 -219 :red_circle:
81 SYKES & RAY EQUITIES (I) LTD. 12902 -225 :red_circle:
82 ISS ENTERPRISE LIMITED 12179 -282 :red_circle:
83 ZEN SECURITIES LTD. 11725 -720 :red_circle:
84 BP EQUITIES PRIVATE LIMITED 11370 -21 :large_blue_circle:
85 BHANSALI VALUE CREATIONS PRIVATE LIMITED 11357 -210 :red_circle:
86 INDBANK MERCHANT BANKING SERVICES LTD. 10980 +680 :green_circle:
87 KUNVARJI FINSTOCK PVT. LTD. 10756 -125 :red_circle:
88 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 10710 +652 :green_circle:
89 B N RATHI SECURITIES LIMITED 10517 -54 :red_circle:
90 PUNE E STOCK BROKING LIMITED 10419 -156 :red_circle:
91 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 10201 -169 :red_circle:
92 GEPL CAPITAL PRIVATE LIMITED 9510 -14 :red_circle:
93 SSJ FINANCE & SECURITIES PVT. LTD. 9008 -205 :red_circle:
94 INDIRA SECURITIES PRIVATE LIMITED 8760 -192 :red_circle:
95 R K GLOBAL SHARES & SECURITIES LIMITED 8621 -120 :red_circle:
96 JOINDRE CAPITAL SERVICES LTD 8298 -114 :red_circle:
97 SHREE BAHUBALI STOCK BROKING LTD 8297 -83 :red_circle:
98 TRADEJINI FINANCIAL SERVICES PVT LTD 8156 +78 :large_blue_circle:
99 MANSUKH SECURITIES & FINANCE LIMITED 8155 -117 :red_circle:
100 SUNIDHI SECURITIES & FINANCE LIMITED 7681 -118 :red_circle:
101 KRCHOKSEY SHARES AND SECURITIES PRIVATE LIMITED 7592 -165 :red_circle:
102 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 7458 -36 :red_circle:
103 MANGAL KESHAV FINANCIAL SERVICES LLP 7254 -157 :red_circle:
104 RIKHAV SECURITIES LIMITED 6393 -93 :large_blue_circle:
105 IFCI FINANCIAL SERVICES LIMITED 6384 -127 :red_circle:
106 DEALMONEY SECURITIES PRIVATE LIMITED 6193 -204 :red_circle:
107 SPFL SECURITIES LIMITED 6029 -71 :large_blue_circle:
108 SUNLIGHT BROKING LLP 6007 +27 :green_circle:
109 PATEL WEALTH ADVISORS PVT LTD 5986 -143 :red_circle:
110 A C AGARWAL SHARE BROKERS PVT LTD 5941 -73 :red_circle:
111 MARFATIA STOCK BROKING PRIVATE LIMITED 5720 -92 :red_circle:
112 ITI SECURITIES BROKING LIMITED 5301 -54 :red_circle:
113 ELITE WEALTH LIMITED 5108 -97 :red_circle:
114 VERTEX SECURITIES LTD. 5063 -20 :green_circle:
115 GANGANAGAR COMMODITY LIMITED 5019 -79 :red_circle:
116 ASHLAR SECURITIES PRIVATE LIMITED 4926 -169 :red_circle:
117 INDIA ADVANTAGE SECURITIES PRIVATE LIMITED 4620 – :yellow_circle:
118 INDUS PORTFOLIO (P) LTD 4611 -74 :red_circle:
119 SUNFLOWER BROKING PVT. LTD. 4388 -67 :red_circle:
120 RAGHUNANDAN CAPITAL PRIVATE LIMITED 4095 +10 :red_circle:
121 CONSORTIUM SECURITIES PRIVATE LTD. 4029 -63 :red_circle:
122 COCHIN STOCK BROKERS LTD. 3956 -44 :red_circle:
123 PEERLESS SECURITIES LIMITED 3929 -26 :red_circle:
124 HINDUSTAN TRADECOM PRIVATE LIMITED 3650 – :yellow_circle:
125 MUTHOOT SECURITIES LTD. 3563 – :yellow_circle:
126 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 3054 -37 :red_circle:
127 HSB SECURITIES & EQUITIES LIMITED 2774 – :yellow_circle:
128 JYOTI PORTFOLIO PRIVATE LIMITED 2678 -56 :red_circle:
129 KEDIA CAPITAL SERVICES PRIVATE LIMITED 2607 -17 :red_circle:
130 INTEGRATED MASTER SECURITIES PVT. LTD. 2494 -47 :red_circle:
131 FRR SHARES AND SECURITIES LIMITED 2408 – :yellow_circle:
132 ESCORTS SECURITIES LTD. 2168 -62 :red_circle:
133 JULIUS BAER WEALTH ADVISORS (INDIA) PRIVATE LIMITED 2135 – :yellow_circle:
134 ALMONDZ GLOBAL SECURITIES LTD. 2110 -16 :red_circle:
135 AMBALAL SHARES & STOCKS PRIVATE LIMITED 1935 -47 :red_circle:
136 UAE EXCHANGE & FINANCE LTD. 1867 – :yellow_circle:
137 PCS SECURITIES LTD. 1821 -1273 :red_circle:
138 CIL SECURITIES LTD. 1731 -17 :red_circle:
139 MANDOT SECURITIES PRIVATE LIMITED 1693 +128 :red_circle:
140 ABHIPRA CAPITAL LTD. 1686 -20 :red_circle:
141 FAIR INTERMEDIATE INVESTMENTS PVT. LTD. 1604 -47 :red_circle:
142 NDA SECURITIES LTD. 1597 -27 :red_circle:
143 MLB CAPITAL PRIVATE LIMITED 1597 -26 :red_circle:
144 COMFORT SECURITIES LIMITED 1559 -34 :red_circle:
145 TRADEWELL SECURITIES LTD. 1557 -29 :red_circle:
146 FARSIGHT SECURITIES LTD. 1490 -14 :red_circle:
147 PEE AAR SECURITIES LIMITED 1482 -25 :red_circle:
148 GOGIA CAPITAL SERVICES LIMITED 1389 -8 :red_circle:
149 CONCUNSMART SHARES AND STOCK BROKER PRIVATE LIMITED 1264 -38 :red_circle:
150 STANDARD SECURITIES & INVESTMENT INTERMEDIATES LIMITED 1257 +98 :red_circle:
151 INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 1256 -9 :red_circle:
152 ANUSH SHARES & SECURITIES PVT.LTD. 1181 -16 :red_circle:
153 NAKAMICHI SECURITIES LTD 1074 -21 :red_circle:
154 MAITRA COMMODITIES PVT LTD 1006 -52 :red_circle:
3 Likes

Most of the brokers have lost active clients. Signs of recession!

Recession is a very big and powerful word. This is just a bit of froth disappearing, the notion of easy and quick money dissipating a bit.

2 Likes

Yeah, but it is interesting to see most of the brokers losing active users.

2 Likes

Yes, but some users who are leaving could be leaving forever and some of those who are getting added need not be new users, they may be opening new demat.

So I think the addition of new demat accounts from the depositories gives the total picture of retail participation.

yeah thats true.

2 Likes