Who are the largest brokerage firms in India?

General
640

IKBR is in the list. do you mean to say, if there are supposedly Zero complaints, name won’t appear at all in the list, until a complaint is lodged?

Wish to hear from @Arockiya_Raja too :slightly_smiling_face: (As you may not be representing any broker)

641

I think you are new to TradingQna or not aware how to view the original quote.

This is not my statement- I am only quoting @nithin

2 Likes
642

Sorry i didn’t read the quote…

Now too parameters same ( as his words are from 2018)?

643

Read in Reddit that Groww is backed by Tata’s, is it true?

644

Nope, upstox was funded by Ratan Tata

Both Upstox and Groww have Tiger Global as common investor.

2 Likes
645

Mirae Assets has completed taking over ownership of Sharekhan. Next month they will be 8th or higher, if they decide to merge mstock & myexpresso(sharekhan’s subsidiary) with Sharekhan…

And if aggressively price broking like mstock, get new techonology, we may expect them to compete more with rest.

646

mStock started ditching the initial customers , increased brokerage charges for Intra-day trades, earlier it was zero for the customers who paid one time charges , and in case of the technology , what they are offering is obsolete!!

647

mStock was never an option for a serious trade, for me atleast.

I still enjoy platforms like Dhan and AngelOne… With Zerodha being a distant third.

1 Like
648

Most Brokers

  • provide Obsolete Desktop Software NEST(that was taken over by London Stock Exchange Group from Thomson Reuters and discontinued globally) or it’s Derivatives OR
  • Don’t even provide Desktop based software.E.g Zerodha who don’t provide desktop platform
1 Like
649

Is it true? Have they start charging for intraday trades? Nothing is showing on their website.

650

mxtock
mxtock892×477 49.3 KB

2 Likes
651

NSE Data for December 2024 (Archived) -

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 Groww Invest Tech Private Limited 13158530 +281076 :large_blue_circle:
2 ZERODHA BROKING LIMITED 8119791 -4947 :large_blue_circle:
3 ANGEL ONE LIMITED 7754030 +123018 :large_blue_circle:
4 UPSTOX SECURITIES PRIVATE LIMITED 2886625 +14010 :large_blue_circle:
5 ICICI SECURITIES LIMITED 1946827 +5365 :large_blue_circle:
6 KOTAK SECURITIES LTD. 1504813 +22047 :large_blue_circle:
7 HDFC SECURITIES LTD. 1420177 +44694 :large_blue_circle:
8 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 1030406 +11843 :large_blue_circle:
9 SBICAP SECURITIES LIMITED 983254 +3056 :large_blue_circle:
10 MONEYLICIOUS SECURITIES PRIVATE LIMITED 932661 +40394 :large_blue_circle:
11 INDMONEY PRIVATE LIMITED 792016 +59579 :large_blue_circle:
12 PAYTM MONEY LTD. 705961 -9059 :large_blue_circle:
13 SHAREKHAN LTD. 704077 -3907 :large_blue_circle:
14 MIRAE ASSET CAPITAL MARKETS ( INDIA ) PRIVATE LIMITED 553055 -7940 :large_blue_circle:
15 5PAISA CAPITAL LIMITED 489966 -16994 :large_blue_circle:
16 IIFL SECURITIES LIMITED 454964 -4252 :large_blue_circle:
17 AXIS SECURITIES LIMITED 426266 +3060 :large_blue_circle:
18 PHONEPE WEALTH BROKING PRIVATE LIMITED 321591 +26475 :large_blue_circle:
19 Geojit Financial Services Limited 255435 -1269 :large_blue_circle:
20 FYERS SECURITIES PRIVATE LIMITED 247647 +2333 :large_blue_circle:
21 CHOICE EQUITY BROKING PRIVATE LIMITED 238429 +4855 :large_blue_circle:
22 SMC GLOBAL SECURITIES LTD. 189540 -1332 :large_blue_circle:
23 NUVAMA WEALTH AND INVESTMENT LIMITED. 174249 -1464 :large_blue_circle:
24 FINVASIA SECURITIES PRIVATE LIMITED 165164 +1549 :large_blue_circle:
25 NIRMAL BANG SECURITIES PVT. LTD. 153821 -50 :large_blue_circle:
26 RELIGARE BROKING LIMITED 151948 -138 :large_blue_circle:
27 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 149239 +1664 :green_circle:
28 ALICE BLUE FIN SVCS P LTD 147411 -3456 :red_circle:
29 MARWADI SHARES AND FINANCE LIMITED 143790 +1308 :large_blue_circle:
30 JAINAM BROKING LIMITED 125325 +3904 :green_circle:
31 VENTURA SECURITIES LIMITED 122018 -206 :red_circle:
32 JM FINANCIAL SERVICES LIMITED 119877 +1100 :large_blue_circle:
33 ADITYA BIRLA MONEY LIMITED 100320 +1825 :large_blue_circle:
34 NJ INDIA INVEST PRIVATE LIMITED 90918 -179 :green_circle:
35 SAMCO SECURITIES LIMITED 89825 -3542 :red_circle:
36 TRADEBULLS SECURITIES (P) LTD. 85937 +966 :large_blue_circle:
37 SWASTIKA INVESTMART LIMITED 78051 -1093 :large_blue_circle:
38 STOCKHOLDING SERVICES LIMITED 77484 -749 :large_blue_circle:
39 YES SECURITIES (INDIA) LIMITED 73024 +169 :large_blue_circle:
40 GLOBE CAPITAL MARKET LIMITED 69986 -303 :large_blue_circle:
41 RELIANCE SECURITIES LIMITED 68513 -1069 :large_blue_circle:
42 MASTER CAPITAL SERVICES LIMITED 67357 +457 :large_blue_circle:
43 BONANZA PORTFOLIO LTD. 60738 +187 :large_blue_circle:
44 MONARCH NETWORTH CAPITAL LIMITED 59891 -619 :large_blue_circle:
45 ARIHANT CAPITAL MARKETS LIMITED 58493 +99 :large_blue_circle:
46 JHAVERI SECURITIES LIMITED 57825 +1265 :green_circle:
47 IDBI CAPITAL MARKETS & SECURITIES LTD. 57761 +206 :red_circle:
48 NU INVESTORS TECHNOLOGIES PRIVATE LIMITED 56704 +9456 :green_circle:
49 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 52090 -288 :red_circle:
50 PRABHUDAS LILLADHER PVT. LTD. 50359 +142 :red_circle:
51 SURESH RATHI SECURITIES PRIVATE LIMITED 46114 +664 :large_blue_circle:
52 BAJAJ FINANCIAL SECURITIES LTD. 44668 +1662 :large_blue_circle:
53 PROFITMART SECURITIES PRIVATE LIMITED 37685 -667 :large_blue_circle:
54 SHRI PARASRAM HOLDINGS PVT. LTD. 37298 +17 :large_blue_circle:
55 SHAH INVESTORS HOME LIMITED 37108 +165 :green_circle:
56 DHANI STOCKS LIMITED 37087 +105 :red_circle:
57 CHOLAMANDALAM SECURITIES LIMITED 36867 +201 :large_blue_circle:
58 ACML CAPITAL MARKETS LIMITED 35335 +59 :large_blue_circle:
59 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 34382 +1288 :green_circle:
60 ASTHA CREDIT & SECURITIES (P) LTD 34350 -505 :red_circle:
61 GOODWILL WEALTH MANAGEMENT PVT LTD 33509 -107 :red_circle:
62 ECONO BROKING PRIVATE LIMITED 31262 +1188 :green_circle:
63 HEM FINLEASE PVT. LTD. 31161 +152 :large_blue_circle:
64 LKP SECURITIES LTD. 30891 -2314 :red_circle:
65 SHRIRAM INSIGHT SHARE BROKERS LIMITED 29659 -165 :large_blue_circle:
66 EUREKA STOCK & SHARE BROKING SERVICES LIMITED 28933 -27 :large_blue_circle:
67 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 28077 +402 :large_blue_circle:
68 WAY2WEALTH BROKERS PRIVATE LIMITED 25243 -92 :large_blue_circle:
69 KIFS TRADE CAPITAL PRIVATE LIMITED 24763 -175 :large_blue_circle:
70 PRUDENT CORPORATE ADVISORY SERVICES LIMITED 24286 +2014 :green_circle:
71 FINWIZARD TECHNOLOGY PRIVATE LIMITED 22580 +323 :green_circle:
72 CANARA BANK SECURITIES LIMITED 21439 -355 :green_circle:
73 MARKETWOLF SECURITIES PRIVATE LIMITED 21396 -1351 :red_circle:
74 SKSE SECURITIES LTD. 20704 +329 :green_circle:
75 ASHIKA STOCK BROKING LTD. 20678 -36 :red_circle:
76 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 20581 -2 :red_circle:
77 RATNAKAR SECURITIES PVT LTD 20380 +98 :large_blue_circle:
78 ARHAM SHARE PRIVATE LIMITED 19644 +747 :green_circle:
79 SOUTH ASIAN STOCKS LTD. 18872 -399 :large_blue_circle:
80 PRUDENT BROKING SERVICES PRIVATE LIMITED 18781 -800 :red_circle:
81 STEEL CITY SECURITIES LTD. 17907 +21 :large_blue_circle:
82 ALANKIT IMAGINATIONS LIMITED 17599 -261 :large_blue_circle:
83 B N RATHI SECURITIES LIMITED 17361 +471 :green_circle:
84 BOB CAPITAL MARKETS LIMITED 17276 -147 :red_circle:
85 PHILLIPCAPITAL (INDIA) PVT. LTD 16840 -10 :large_blue_circle:
86 ANS PVT. LTD. 16765 +145 :large_blue_circle:
87 ACUMEN CAPITAL MARKET (INDIA) LTD 16468 -82 :large_blue_circle:
88 R WADIWALA SECURITIES PVT. LTD. 16022 +42 :large_blue_circle:
89 RUDRA SHARES & STOCK BROKERS LIMITED 14351 +113 :green_circle:
90 BGSE FINANCIALS LIMITED 14339 -130 :red_circle:
91 MARKET PULSE SECURITIES PRIVATE LIMITED 14062 +2812 :green_circle:
92 MONEYWISE FINVEST LIMITED 14009 -236 :red_circle:
93 NINE STAR BROKING PRIVATE LIMITED 13724 +122 :red_circle:
94 TRUSTLINE SECURITIES LIMITED 13486 -76 :red_circle:
95 BP EQUITIES PRIVATE LIMITED 13452 +39 :large_blue_circle:
96 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 13452 -22 :red_circle:
97 JKB FINANCIAL SERVICES LIMITED 13298 +546 :large_blue_circle:
98 INVENTURE GROWTH & SECURITIES LIMITED 13198 -54 :red_circle:
99 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 12624 -64 :large_blue_circle:
100 PRAVIN RATILAL SHARE AND STOCK BROKERS LTD 12556 -140 :red_circle:
101 KUNVARJI FINSTOCK PVT. LTD. 12503 +62 :red_circle:
102 BHANSALI VALUE CREATIONS PRIVATE LIMITED 12339 +247 :large_blue_circle:
103 JK SECURITIES PVT. LTD. 12237 +25 :red_circle:
104 TRADEJINI FINANCIAL SERVICES PVT LTD 11558 +151 :red_circle:
105 PUNE E STOCK BROKING LIMITED 10966 -79 :green_circle:
106 ESPRESSO FINANCIAL SERVICES PRIVATE LIMITED. 10762 -335 :red_circle:
107 GEPL CAPITAL PRIVATE LIMITED 10733 -86 :large_blue_circle:
108 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 10596 +64 :large_blue_circle:
109 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 10016 -187 :large_blue_circle:
110 NAVIA MARKETS LTD. 9765 +240 :green_circle:
111 WEALTH INDIA FINANCIAL SERVICES PVT LTD 9695 -36 :red_circle:
112 MANSUKH SECURITIES & FINANCE LIMITED 9450 -102 :red_circle:
113 CENTILLION CAPITAL PRIVATE LIMITED 9381 +109 :large_blue_circle:
114 SHREE BAHUBALI STOCK BROKING LTD 9114 -65 :large_blue_circle:
115 A C AGARWAL SHARE BROKERS PVT LTD 9053 +12 :large_blue_circle:
116 VSE STOCK SERVICES LIMITED 8942 +55 :large_blue_circle:
117 SS CORPORATE SECURITIES LIMITED 8806 +25 :large_blue_circle:
118 JOINDRE CAPITAL SERVICES LTD 8677 -42 :large_blue_circle:
119 AIRAN FINSTOCKS PRIVATE LIMITED 8628 +54 :large_blue_circle:
120 R K GLOBAL SHARES & SECURITIES LIMITED 8173 -116 :large_blue_circle:
121 MEHTA EQUITIES LIMITED 8131 +27 :green_circle:
122 ENRICH FINANCIAL MARKET PRIVATE LIMITED 8124 +358 :green_circle:
123 PRITHVI FINMART PRIVATE LIMITED 8107 -5 :red_circle:
124 SHARE INDIA SECURITIES LIMITED 7814 +150 :green_circle:
125 CAPSTOCKS & SECURITIES (INDIA) PRIVATE LIMITED 7627 -53 :red_circle:
126 SUNLIGHT BROKING LLP 7113 +40 :green_circle:
127 KRCHOKSEY SHARES AND SECURITIES PRIVATE LIMITED 7035 -77 :red_circle:
128 SKY COMMODITIES INDIA PVT LTD 6617 +466 :green_circle:
129 MARKET-HUB STOCK BROKING PRIVATE LIMITED 6577 +119 :red_circle:
130 MANDOT SECURITIES PRIVATE LIMITED 6432 -17 :red_circle:
131 RAGHUNANDAN CAPITAL PRIVATE LIMITED 6057 -66 :large_blue_circle:
132 PATEL WEALTH ADVISORS PVT LTD 5992 -112 :large_blue_circle:
133 SMIFS LIMITED 5968 -20 :large_blue_circle:
134 RIKHAV SECURITIES LIMITED 5789 -66 :large_blue_circle:
135 SUNFLOWER BROKING PVT. LTD. 5711 +133 :green_circle:
136 GANGANAGAR COMMODITY LIMITED 5680 +50 :red_circle:
137 Indus Shareshree Private Limited 5310 -27 :green_circle:
138 ELITE WEALTH LIMITED 5262 -90 :red_circle:
139 WEALTHYIN BROKING PRIVATE LIMITED 5215 +199 :green_circle:
140 IFCI FINANCIAL SERVICES LIMITED 5189 -149 :red_circle:
141 ITI SECURITIES BROKING LIMITED 5131 -45 :red_circle:
142 VERTEX SECURITIES LTD. 5125 -12 :red_circle:
143 ALMONDZ GLOBAL SECURITIES LTD. 5108 +32 :large_blue_circle:
144 RAJVI STOCK BROKING PRIVATE LIMITED 5081 -36 :red_circle:
145 ZUARI FINSERV LIMITED 5034 -9 :large_blue_circle:
146 NCO SECURITIES & SHARE BROKING (P) LTD 4977 -73 :red_circle:
147 L.F.C. SECURITIES PRIVATE LIMITED 4953 +15 :green_circle:
148 KALPATARU MULTIPLIER LTD. 4921 -72 :large_blue_circle:
149 PEERLESS SECURITIES LIMITED 4909 +37 :green_circle:
150 CENTRUM BROKING LIMITED 4859 -147 :red_circle:
151 PACE STOCK BROKING SERVICES PRIVATE LIMITED 4763 +40 :large_blue_circle:
152 COCHIN STOCK BROKERS LTD. 4512 -33 :large_blue_circle:
153 SHAREWEALTH SECURITIES LIMITED 4397 -129 :large_blue_circle:
154 HENSEX SECURITIES PRIVATE LIMITED 3997 +17 :large_blue_circle:
155 ATS SHARE BROKERS PRIVATE LIMITED 3936 -34 :large_blue_circle:
156 ASHLAR SECURITIES PRIVATE LIMITED 3885 +20 :large_blue_circle:
157 DB (INTERNATIONAL) STOCK BROKERS LTD. 3779 -39 :large_blue_circle:
158 MUTHOOT SECURITIES LTD. 3645 +6 :large_blue_circle:
159 FINDOC INVESTMART PVT. LTD. 3229 +689 :green_circle:
160 NAVKAR SHARE & STOCK BROKERS PRIVATE LIMITED 2808 -4 :red_circle:
161 SAURIN INVESTMENTS (P) LTD. 2704 -45 :red_circle:
162 ARHAM WEALTH MANAGEMENT PVT LTD 2582 +56 :green_circle:
163 BALAJI EQUITIES LTD. 2578 -37 :red_circle:
164 VOGUE COMMERCIAL COMPANY LIMITED 2521 -4 :large_blue_circle:
165 KEDIA CAPITAL SERVICES PRIVATE LIMITED 2517 -6 :large_blue_circle:
166 STANDARD SECURITIES & INVESTMENT INTERMEDIATES LIMITED 2471 +12 :large_blue_circle:
167 SKI CAPITAL SERVICES LTD. 2235 -16 :large_blue_circle:
168 MOTISONS SHARES PRIVATE LIMITED 2220 +1 :large_blue_circle:
169 LOHIA SECURITIES LTD. 2035 -7 :green_circle:
170 DEALMONEY COMMODITIES PRIVATE LIMITED 2031 -20 :red_circle:
171 COMPETENT FINMAN PVT. LTD. 1916 -10 :green_circle:
172 MULTIPLEX CAPITAL LTD. 1910 -24 :red_circle:
173 RKSV COMMODITIES INDIA PRIVATE LIMITED 1909 – :yellow_circle:
174 COMPOSITE INVESTMENTS PRIVATE LIMITED 1873 -3 :red_circle:
175 AMBIT CAPITAL PRIVATE LIMITED 1819 – :yellow_circle:
176 AXIS CAPITAL LIMITED 1788 +6 :red_circle:
177 CIL SECURITIES LTD. 1782 – :red_circle:
178 J G SHAH FINANCIAL CONSULTANTS PVT. LTD. 1740 +17 :red_circle:
179 J L SHAH SECURITIES PRIVATE LIMITED 1721 +5 :red_circle:
180 ALB STOCK BROKING PRIVATE LIMITED 1718 -11 :red_circle:
181 ABHIPRA CAPITAL LTD. 1642 -8 :red_circle:
182 RRS SHARES & STOCK BROKERS PVT. LTD 1634 -11 :red_circle:
183 MLB CAPITAL PRIVATE LIMITED 1627 -15 :red_circle:
184 NDA SECURITIES LTD. 1549 – :yellow_circle:
185 A . G. SHARES & SECURITIES LTD. 1543 – :red_circle:
186 C D INTEGRATED SERVICES LTD. 1477 – :red_circle:
187 SACHDEVA STOCKS PRIVATE LIMITED 1388 – :red_circle:
188 UNLOCK WEALTH SECURITIES LIMITED 1374 – :red_circle:
189 ARCH FINANCE LTD. 1356 – :red_circle:
190 SHREE BALAJI MULTICOMMODITIES PVT LTD 1276 – :red_circle:
191 INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 1246 – :red_circle:
192 GOGIA CAPITAL SERVICES LIMITED 1244 – :red_circle:
193 AGROY FINANCE AND INVESTMENT LIMITED 1159 – :yellow_circle:
194 JUST TRADE SECURITIES LIMITED 1136 – :red_circle:
195 JBS SECURITIES PRIVATE LIMITED 1111 – :red_circle:
5 Likes
652

Wow grow is growing 10-30% every month.

653

Why is Zerodha lagging behind?

654

60k extra users last month to losing users this month? Did NSE change the way they are counting users or something?

655

Dhan continues its magnificent run. :green_heart:

656

First time I saw zerodha lagging. But atlast annual profit is the key. :nerd_face:

657

Some have very good product like fyers. But are not at all able to grab customers , perhaps they are not giving cashback​:grinning::grinning:. It is really a good platform with many things that can be improved​:face_with_head_bandage:.

658

(post deleted by author)

659

Did you know? Zerodha almost converts about 50% of its revenue to profits? Did you also know who else does that? Dhan.

Then, comes AngelOne who converts about 35% of its revenues to profits and the rest barely makes 10% as profits.

Fyers doesn’t have a good product. Nothing works seamlessly.