Who are the largest brokerage firms in India?

NSE Data for January 2026 (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 12480505 +353584 :large_blue_circle:
2 Zerodha Broking Limited 6862233 +10147 :large_blue_circle:
3 Angel One Limited 6745594 -12906 :large_blue_circle:
4 ICICI Securities Limited 2045086 +19074 :green_circle:
5 Upstox Securities Private Limited 2036413 -41524 :red_circle:
6 HDFC Securities Ltd. 1429785 -19597 :large_blue_circle:
7 Kotak Securities Ltd. 1368501 +3679 :large_blue_circle:
8 SBICap Securities Limited 1142868 +4725 :large_blue_circle:
9 Raise Securities Private Limited 999144 +14902 :large_blue_circle:
10 Motilal Oswal Financial Services Limited 904002 -6997 :large_blue_circle:
11 Paytm Money Ltd. 860278 +13986 :large_blue_circle:
12 Indstocks Private Limited 682349 +3862 :large_blue_circle:
13 Sharekhan Ltd. 533563 -4323 :large_blue_circle:
14 Axis Securities Limited 411423 +4821 :large_blue_circle:
15 IIFL Capital Services Ltd. 353932 -4932 :large_blue_circle:
16 5paisa Capital Limited 343187 -6739 :large_blue_circle:
17 Mirae Asset Capital Markets ( India ) Private Limited 268305 -14548 :large_blue_circle:
18 Choice Equity Broking Private Limited 259584 -10359 :large_blue_circle:
19 Phonepe Wealth Broking Private Limited 236634 -11915 :large_blue_circle:
20 Geojit Investments Limited 216942 -827 :large_blue_circle:
21 Fyers Securities Private Limited 200780 -2130 :large_blue_circle:
22 SMC Global Securities Ltd. 158044 -231 :large_blue_circle:
23 Anand Rathi Share And Stock Brokers Limited 145667 +1824 :large_blue_circle:
24 Nuvama Wealth And Investment Limited. 142450 -1079 :large_blue_circle:
25 Religare Broking Limited 136837 -665 :large_blue_circle:
26 Nirmal Bang Securities Pvt. Ltd. 135936 -694 :large_blue_circle:
27 Jainam Broking Limited 134103 +922 :large_blue_circle:
28 Marwadi Shares And Finance Limited 129901 -853 :large_blue_circle:
29 JM Financial Services Limited 113793 -1429 :large_blue_circle:
30 Finvasia Securities Private Limited 102071 -2966 :large_blue_circle:
31 Ventura Securities Limited 99544 -1460 :large_blue_circle:
32 Alice Blue Fin Svcs P Ltd 93618 -641 :large_blue_circle:
33 Aaritya Broking Private Ltd 90110 +16415 :green_circle:
34 Yes Securities (india) Limited 86175 +1116 :red_circle:
35 Tradebulls Securities (p) Ltd. 77534 -46 :red_circle:
36 NJ India Invest Private Limited 74438 +65 :red_circle:
37 Stockholding Services Limited 74286 +993 :large_blue_circle:
38 Aditya Birla Money Limited 70099 -1354 :large_blue_circle:
39 Bajaj Financial Securities Ltd. 59995 +932 :green_circle:
40 Master Capital Services Limited 59577 -209 :red_circle:
41 IDBI Capital Markets & Securities Ltd. 58550 +250 :large_blue_circle:
42 Globe Capital Market Limited 55456 -521 :large_blue_circle:
43 Swastika Investmart Limited 54041 -935 :large_blue_circle:
44 Nu Investors Technologies Private Limited 52794 -2137 :large_blue_circle:
45 Bonanza Portfolio Ltd. 52727 -433 :green_circle:
46 Samco Securities Limited 52626 -831 :red_circle:
47 Arihant Capital Markets Limited 51836 +252 :large_blue_circle:
48 Moneywise Finvest Limited 51647 +5306 :green_circle:
49 Reliance Securities Limited 49795 -509 :red_circle:
50 Integrated Enterprises (india) Private Limited 49393 +707 :large_blue_circle:
51 Monarch Networth Capital Limited 48745 -254 :red_circle:
52 Prabhudas Lilladher Pvt. Ltd. 44783 -84 :large_blue_circle:
53 Suresh Rathi Securities Private Limited 43752 +28 :large_blue_circle:
54 Flattrade Broking Private Limited 37006 +240 :large_blue_circle:
55 Shah Investors Home Limited 36724 +40 :large_blue_circle:
56 Indiabulls Securities Limited (formerly Known As Dhani Stocks Limited) 34888 +846 :large_blue_circle:
57 Shri Parasram Holdings Pvt. Ltd. 33194 +7 :large_blue_circle:
58 ACML Capital Markets Limited 32760 -62 :large_blue_circle:
59 Prudent Corporate Advisory Services Limited 29356 +187 :large_blue_circle:
60 Aionion Capital Market Services Private Limited 27423 +1265 :green_circle:
61 Profitmart Securities Private Limited 27145 -330 :red_circle:
62 Eureka Stock & Share Broking Services Limited 26995 +15 :red_circle:
63 Univest Stock Broking Private Limited 26988 +2010 :green_circle:
64 Shriram Insight Share Brokers Limited 26389 +15 :red_circle:
65 Lakshmishree Investment & Securities Pvt. Ltd. 26095 +13 :large_blue_circle:
66 Goodwill Wealth Management Pvt Ltd 24997 -519 :large_blue_circle:
67 Cholamandalam Securities Limited 24522 -1728 :red_circle:
68 LKP Securities Ltd. 24363 -123 :large_blue_circle:
69 Marketwolf Securities Private Limited 24023 +2688 :green_circle:
70 Arham Share Private Limited 23254 +4 :red_circle:
71 Way2wealth Brokers Private Limited 23016 +18 :red_circle:
72 Market Pulse Securities Private Limited 21245 :yellow_circle:
73 Kifs Trade Capital Private Limited 20704 -115 :red_circle:
74 Ashika Stock Broking Ltd. 20048 +102 :red_circle:
75 Asit C Mehta Investment Interrmediates Ltd. 18773 -429 :red_circle:
76 Ratnakar Securities Pvt Ltd 18175 :yellow_circle:
77 Matalia Stock Broking Pvt. Ltd. 18008 -64 :red_circle:
78 B N Rathi Securities Limited 17873 +232 :red_circle:
79 Canara Bank Securities Limited 17379 +22 :red_circle:
80 Finwizard Technology Private Limited 17133 -358 :red_circle:
81 Steel City Securities Ltd. 16394 +133 :red_circle:
82 Bob Capital Markets Limited 15665 +98 :large_blue_circle:
83 Phillipcapital (india) Pvt. Ltd 15650 -42 :red_circle:
84 Acumen Capital Market (india) Ltd 15519 +1178 :large_blue_circle:
85 Astha Credit & Securities (p) Ltd 15321 -1523 :red_circle:
86 Tradesmart Fintech Securities Limited 14803 -156 :red_circle:
87 R Wadiwala Securities Pvt. Ltd. 14279 -30 :red_circle:
88 Alankit Imaginations Limited 14082 -24 :red_circle:
89 Sky Commodities India Pvt Ltd 13630 +565 :green_circle:
90 Bhansali Value Creations Private Limited 13571 +86 :red_circle:
91 Navia Markets Ltd. 13569 +172 :red_circle:
92 Rudra Shares & Stock Brokers Ltd 13101 -90 :red_circle:
93 Zebu Share And Wealth Managements Private Limited 12826 -96 :red_circle:
94 South Asian Stocks Ltd. 12734 -226 :red_circle:
95 Indbank Merchant Banking Services Ltd. 12582 +239 :large_blue_circle:
96 Bp Equities Private Limited 12459 -12 :red_circle:
97 Sykes & Ray Equities (i) Ltd. 12327 -109 :red_circle:
98 Tradejini Financial Services Pvt Ltd 11908 -55 :red_circle:
99 ISS Enterprise Limited 11459 -24 :red_circle:
100 Trustline Securities Limited 11160 -86 :red_circle:
101 Emkay Global Financial Services Limited 11142 -45 :red_circle:
102 Kunvarji Finstock Pvt. Ltd. 10984 -94 :red_circle:
103 Pravin Ratilal Share And Stock Brokers Ltd 10940 -65 :red_circle:
104 Enrich Financial Market Private Limited 10621 -28 :red_circle:
105 JK Securities Pvt. Ltd. 10071 -74 :red_circle:
106 Gepl Capital Private Limited 9806 -13 :red_circle:
107 Lsc Securities Limited 9782 +23 :red_circle:
108 Indira Securities Private Limited 9387 -185 :red_circle:
109 Wealth India Financial Services Pvt Ltd 8963 +68 :red_circle:
110 Standard Chartered Securities (india) Limited 8682 -25 :red_circle:
111 Adroit Financial Services Private Limited 8569 -48 :red_circle:
112 Shree Bahubali Stock Broking Ltd 8395 +53 :red_circle:
113 A C Agarwal Share Brokers Pvt Ltd 8275 +49 :red_circle:
114 Sunidhi Securities & Finance Limited 8191 -54 :red_circle:
115 Airan Finstocks Private Limited 8055 +47 :red_circle:
116 Share India Securities Limited 7908 +94 :red_circle:
117 Bank Of India 7908 :yellow_circle:
118 Mansukh Securities & Finance Limited 7871 -19 :red_circle:
119 Wealthstreet Financial Services Private Limited 7785 :yellow_circle:
120 Progressive Share Brokers Private Limited 6987 -16 :red_circle:
121 Maverick Share Brokers Private Limited 6891 -49 :red_circle:
122 Market-hub Stock Broking Private Limited 6690 +2 :red_circle:
123 Prithvi Finmart Private Limited 6679 -54 :red_circle:
124 Sunlight Broking Llp 6583 -34 :red_circle:
125 Dbfs Securities Limited 6510 -7 :red_circle:
126 R K Global Shares & Securities Limited 6472 -61 :red_circle:
127 Spfl Securities Limited 6181 +63 :red_circle:
128 Definedge Securities Broking Private Limited 5987 +215 :red_circle:
129 Krchoksey Shares And Securities Private Limited 5897 :yellow_circle:
130 Mangal Keshav Financial Services Llp 5857 -44 :red_circle:
131 Sunflower Broking Pvt. Ltd. 5760 -40 :red_circle:
132 Smifs Limited 5533 +34 :red_circle:
133 Ganganagar Commodity Limited 5265 +3 :red_circle:
134 Wealthyin Broking Private Limited 5252 +226 :red_circle:
135 Raghunandan Capital Private Limited 5080 +22 :red_circle:
136 Systematix Shares & Stocks (india) Ltd. 5038 -15 :red_circle:
137 Rksv Commodities India Private Limited 5016 -709 :red_circle:
138 Marfatia Stock Broking Private Limited 5008 -10 :red_circle:
139 Peerless Securities Limited 4736 +13 :red_circle:
140 Patel Wealth Advisors Pvt Ltd 4626 -73 :red_circle:
141 Nco Securities & Share Broking (p) Ltd 4615 +31 :red_circle:
142 India Advantage Securities Private Limited 4566 +17 :red_circle:
143 Muthoot Securities Ltd. 4504 +38 :red_circle:
144 Elite Wealth Limited 4396 +34 :red_circle:
145 Pace Stock Broking Services Private Limited 4350 -51 :red_circle:
146 360 One Distribution Services Limited 4274 +52 :red_circle:
147 Tradeswift Broking Private Limited 4240 :yellow_circle:
148 Findoc Investmart Pvt. Ltd. 4218 +47 :red_circle:
149 Zuari Finserv Limited 4092 +11 :red_circle:
150 Kalpataru Multiplier Ltd. 4006 :red_circle:
151 Ifci Financial Services Limited 3593 -34 :red_circle:
152 Mandot Securities Private Limited 3517 -376 :red_circle:
153 Ashlar Securities Private Limited 3389 -7 :red_circle:
154 Centrum Broking Limited 3085 -58 :red_circle:
155 Julius Baer Wealth Advisors (india) Private Limited 3068 +42 :red_circle:
156 Almondz Global Securities Ltd. 2962 -62 :red_circle:
157 Arham Wealth Management Pvt Ltd 2872 +31 :red_circle:
158 Ats Share Brokers Private Limited 2637 -61 :red_circle:
159 Torus Financial Markets Private Limited 2631 -246 :red_circle:
160 Hensex Securities Private Limited 2627 -150 :red_circle:
161 South Gujarat Shares & Sharebrokers Ltd 2480 -19 :red_circle:
162 Espresso Financial Services Private Limited. 2420 -1060 :red_circle:
163 Kedia Capital Services Private Limited 2391 +49 :red_circle:
164 Ortem Securities Limited 2194 -5 :red_circle:
165 Dealmoney Commodities Pvt. Ltd. 2158 +3 :red_circle:
166 Ghalla Bhansali Stock Brokers Private Limited 2114 -19 :red_circle:
167 Motisons Shares Private Limited 1942 -3 :red_circle:
168 Zanskar Securities Private Limited 1881 +635 :green_circle:
169 Indo Thai Securities Limited 1844 +27 :red_circle:
170 Axis Capital Limited 1783 -4 :red_circle:
171 Ski Capital Services Ltd. 1760 -14 :red_circle:
172 Aum Capital Market Pvt Ltd 1711 +10 :red_circle:
173 Spark Pwm Private Limited 1636 +62 :red_circle:
174 Standard Securities & Investment Intermediates Limited 1591 -71 :red_circle:
175 Frr Shares And Securities Limited 1578 -33 :red_circle:
176 Cil Securities Ltd. 1547 -19 :red_circle:
177 Intellect Stock Broking Limited 1502 -21 :red_circle:
178 Shree Balaji Multicommodities Pvt Ltd 1494 :yellow_circle:
179 J L Shah Securities Private Limited 1490 -16 :red_circle:
180 Fair Intermediate Investment Pvt. Ltd. 1478 -7 :red_circle:
181 Incred Capital Wealth Portfolio Managers Private Limited 1413 :yellow_circle:
182 Bondbazaar Securities Private Limited 1313 +42 :red_circle:
183 Abhipra Capital Limited 1312 +4 :red_circle:
184 Tipsons Stock Brokers Private Limited 1295 -16 :red_circle:
185 Nda Securities Ltd. 1220 -9 :red_circle:
186 A . G. Shares & Securities Ltd. 1213 -8 :red_circle:
187 Vck Share & Stock Broking Services Ltd. 1153 :yellow_circle:
188 Interactive Brokers (india) Private Limited 1060 -9 :red_circle:
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