Who are the largest brokerage firms in India?

#70

Congratulation !!
You did it!!

#71

Congratulations

#72

congrats.

#73

Hey @siva and @nithin, is the second one up and running for retail traders? Coz I need to buy far OTM options for hedging. I write options and this is very critical. Kindly reply.

#74

Can you drop a mail to me @ tsiva@zerodha.com

#75

@nithin Can you give the updated list ?

#76

Right now, Zerodha :heart_eyes::heart: is Largest Broker of India :cupid:,

1 Like
#77

I want the full list.

#78

As of March 2019

Broker Active clients
ZERODHA BROKING LIMITED 909008
ICICI SECURITIES LIMITED 843975
HDFC SECURITIES LTD. 672044
SHAREKHAN LTD. 509787
KOTAK SECURITIES LTD. 437822
AXIS SECURITIES LIMITED 419455
ANGEL BROKING LIMITED 412809
MOTILAL OSWAL FINANCIAL SERVICES LIMITED 319138
KARVY STOCK BROKING LTD. 266287
IIFL SECURITIES LIMITED 214149
SBICAP SECURITIES LIMITED 209301
GEOJIT FINANCIAL SERVICES LIMITED 162789
RELIGARE BROKING LIMITED 159030
RELIANCE SECURITIES LIMITED 120227
EDELWEISS BROKING LIMITED 120132
5PAISA CAPITAL LIMITED 106280
SMC GLOBAL SECURITIES LTD. 105981
RKSV SECURITIES INDIA PRIVATE LIMITED 99546
NIRMAL BANG SECURITIES PVT. LTD. 93607
MARWADI SHARES AND FINANCE LIMITED 83111
ANAND RATHI SHARE AND STOCK BROKERS LIMITED 76095
VENTURA SECURITIES LTD. 76088
TRADEBULLS SECURITIES § LTD. 69362
JAINAM SHARE CONSULTANTS PRIVATE LIMITED 49367
MONARCH NETWORTH CAPITAL LIMITED 45620
INDIABULLS VENTURES LTD. 44730
ADITYA BIRLA MONEY LIMITED 44234
IDBI CAPITAL MARKETS & SECURITIES LTD. 40859
MASTER CAPITAL SERVICES LIMITED 39790
SAMCO SECURITIES LIMITED 39316
INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 37378
JM FINANCIAL SERVICES LIMITED 35903
BONANZA PORTFOLIO LTD. 35277
JHAVERI SECURITIES LIMITED 34713
SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 34445
ARIHANT CAPITAL MARKETS LIMITED 30666
SHRI PARASRAM HOLDINGS PVT. LTD. 29885
LKP SECURITIES LTD. 28077
SHRIRAM INSIGHT SHARE BROKERS LIMITED 27331
SWASTIKA INVESTMART LIMITED 26305
WAY2WEALTH BROKERS PRIVATE LIMITED 26001
GLOBE CAPITAL MARKET LIMITED 25995
SURESH RATHI SECURITIES PRIVATE LIMITED 24021
SHCIL SERVICES LIMITED 23736
BMA WEALTH CREATORS LIMITED 23698
CHOICE EQUITY BROKING PRIVATE LIMITED 23433
VNS FINANCE & CAPITAL SERVICES LTD. 21652
EUREKA STOCK & SHARE BROKING SERVICES LIMITED 21597
KIFS TRADE CAPITAL PRIVATE LIMITED 21245
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 21043
PRABHUDAS LILLADHER PVT. LTD. 19983
PRUDENT BROKING SERVICES PRIVATE LIMITED 17917
ASE CAPITAL MARKETS LTD. 17590
ALANKIT ASSIGNMENTS LTD. 15637
NJ INDIA INVEST PRIVATE LIMITED 15146
EMKAY GLOBAL FINANCIAL SERVICES LIMITED 14674
ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 14661
ASHIKA STOCK BROKING LTD. 14570
GOLDMINE STOCKS PRIVATE LIMITED 14498
INDIANIVESH SECURITIES LTD. 14386
ZEN SECURITIES LTD. 13769
NARNOLIA FINANCIAL ADVISORS LIMITED 12921
ISE SECURITIES & SERVICES LIMITED 12755
PROFITMART SECURITIES PRIVATE LIMITED 12697
PHILLIPCAPITAL (INDIA) PVT. LTD 12637
SOUTH ASIAN STOCKS LTD. 12345
SS CORPORATE SECURITIES LIMITED 11864
FAIRWEALTH SECURITIES LIMITED 11723
DEALMONEY SECURITIES PRIVATE LIMITED 11551
BANSAL FINSTOCK PRIVATE LIMITED 11435
PRAVIN RATILAL SHARE AND STOCK BROKERS LTD 11279
RATNAKAR SECURITIES PVT LTD 11257
TRUSTLINE SECURITIES LIMITED 11171
YES SECURITIES (INDIA) LIMITED 11086
BGSE FINANCIALS LIMITED 11025
INDITRADE CAPITAL LIMITED 10986
PCS SECURITIES LTD. 10173
GOODWILL WEALTH MANAGEMENT PVT LTD 9679
ADROIT FINANCIAL SERVICES PRIVATE LIMITED 9657
CANARA BANK SECURITIES LIMITED 9334
KUNVARJI FINSTOCK PVT. LTD. 9137
NAVIA MARKETS LTD. 9030
BP EQUITIES PRIVATE LIMITED 8986
NINE STAR BROKING PRIVATE LIMITED 8689
SHREE BAHUBALI INTERNATIONAL LTD. 8496
R K GLOBAL SHARES & SECURITIES LIMITED 8476
ASTHA CREDIT & SECURITIES § LTD 8394
ANUGRAH STOCK & BROKING PVT. LTD. 8068
DBFS SECURITIES LIMITED 7916
MANGAL KESHAV FINANCIAL SERVICES LLP 7804
JK SECURITIES PVT. LTD. 7772
VRISE SECURITIES PRIVATE LIMITED 7700
MAVERICK SHARE BROKERS PRIVATE LIMITED 7602
BHANSALI VALUE CREATIONS PRIVATE LIMITED 7553
MANSUKH SECURITIES & FINANCE LIMITED 7540
GEPL CAPITAL PRIVATE LIMITED 7369
ALICE BLUE FIN SVCS P LTD 7337
KISAN RATILAL CHOKSEY SHARES AND SECURITIES PRIVATE LIMTIED 7312
B N RATHI SECURITIES LIMITED 7295
INVENTURE GROWTH & SECURITIES LIMITED 7023
JOINDRE CAPITAL SERVICES LTD 6992
ARHAM SHARE CONSULTANTS PRIVATE LIMITED 6978
INDIRA SECURITIES PRIVATE LIMITED 6568
SUNIDHI SECURITIES & FINANCE LIMITED 6432
SAFAL CAPITAL (INDIA) LIMITED 6427
ACUMEN CAPITAL MARKET (INDIA) LTD 6401
INTIME EQUITIES LIMITED 6362
ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 6356
STANDARD CHARTERED SECURITIES (INDIA) LIMITED 6289
GUINESS SECURITIES LIMITED 6213
CHOLAMANDALAM SECURITIES LIMITED 6094
IFCI FINANCIAL SERVICES LIMITED 5918
COIMBATORE CAPITAL LIMITED 5739
PATEL WEALTH ADVISORS PVT LTD 5684
LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 5468
R WADIWALA SECURITIES PVT. LTD. 5445
HEDGE EQUITIES LIMITED 5378
FYERS SECURITIES 5323
ASHLAR SECURITIES PRIVATE LIMITED 5155
PACE STOCK BROKING SERVICES PRIVATE LIMITED 5020
FORTUNE CAPITAL SERVICES PRIVATE LIMITED 4948
TRADEJINI FINANCIAL SERVICES PVT LTD 4905
CELEBRUS CAPITAL LIMITED 4901
SYSTEMATIX SHARES & STOCKS (INDIA) LTD. 4745
MARFATIA STOCK BROKING PRIVATE LIMITED 4692
INDIA ADVANTAGE SECURITIES PRIVATE LIMITED 4594
INDUS PORTFOLIO § LTD 4374
CONSORTIUM SECURITIES PRIVATE LTD. 4346
BASAN EQUITY BROKING LIMITED 3910
ZUARI FINSERV PRIVATE LIMITED 3714
VERTEX SECURITIES LTD. 3683
MANUBHAI MANGALDAS SECURITIES PVT. LTD. 3678
PEERLESS SECURITIES LIMITED 3636
GCL SECURITIES PVT LTD 3617
A C AGARWAL SHARE BROKERS PVT LTD 3558
VIKSON SECURITIES PRIVATE LIMITED 3506
FINVASIA SECURITIES PRIVATE LIMITED 3448
EXCLUSIVE SECURITIES LTD. 3385
STEWART & MACKERTICH WEALTH MANAGEMENT LTD. 3340
QUANTUM GLOBAL SECURITIES LIMITED 3279
PRABHAT FINANCIAL SERVICES LTD. 3241
SATCO CAPITAL MARKETS LIMITED 3033
GANPATI SECURITIES 2892
FRR SHARES AND SECURITIES LIMITED 2886
KAYNET FINANCE LIMITED 2782
SUNLIGHT BROKING LLP 2677
A . G. SHARES & SECURITIES LTD. 2587
INTEGRATED MASTER SECURITIES PVT. LTD. 2510
BOB CAPITAL MARKETS LIMITED 2482
HSB SECURITIES & EQUITIES LIMITED 2401
KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 2389
ALMONDZ GLOBAL SECURITIES LTD. 2256
KALPATARU MULTIPLIER LTD. 2223
BHUMIKA CONSULTANCY § LTD 2191
NG RATHI INVESTRADES PRIVATED LIMITED 2175
ABHIPRA CAPITAL LTD. 2166
SUMPOORNA PORTFOLIO LIMITED 2156
VCK SHARE & STOCK BROKING SERVICES LTD. 2145
COMPETENT FINMAN PVT. LTD. 2128
AASMAA SECURITIES PRIVATE LIMITED 2103
MULTIPLEX CAPITAL LTD. 2102
COMFORT SECURITIES LIMITED 2066
AMBALAL SHARES & STOCKS PRIVATE LIMITED 2029
C.D. EQUISEARCH PVT. LTD 1981
RAGHUNANDAN CAPITAL PRIVATE LIMITED 1960
JUST TRADE SECURITIES LIMITED 1916
MODEX INTERNATIONAL SECURITIES LTD. 1874
ATS SHARE BROKERS PRIVATE LIMITED 1818
FINDOC INVESTMART PVT. LTD. 1772
FAIR INTERMEDIATE INVESTMENTS PVT. LTD. 1761
CIL SECURITIES LTD. 1747
ESCORTS SECURITIES LTD. 1681
IIFL WEALTH MANAGEMENT LTD 1626
ARTHA VRDDHI SECURITIES LIMITED 1508
FARSIGHT SECURITIES LTD. 1439
COMPOSITE INVESTMENTS PRIVATE LIMITED 1415
GOGIA CAPITAL SERVICES LIMITED 1385
PEE AAR SECURITIES LIMITED 1353
ARCH FINANCE LTD. 1245
GROVALUE SECURITIES PVT LTD 1229
MAHESHWARI TECHNICAL & FINANCIAL SERVICES LTD. 1198
FAST CAPITAL MARKETS LTD. 1191
EAST INDIA SECURITIES LTD. 1178
ACHIIEVERS EQUITIES LIMITED 1176
ANVIL SHARE & STOCK BROKING PVT. LTD 1171
BALJIT SECURITIES PVT. LTD. 1107
R.K. STOCKHOLDING § LTD. 1099
WEALTH DISCOVERY SECURITIES PVT. LTD. 1077
SKI CAPITAL SERVICES LTD. 1042
KARUNA FINANCIAL SERVICES PVT. LTD 1038
ADWEALTH STOCK BROKING PRIVATE LIMITED 1010
UNLOCK WEALTH SECURITIES LIMITED 1005
NARAYAN SECURITIES LIMITED 1000
C. M. GOENKA STOCK BROKERS PVT. LTD. 997
LFS BROKING PRIVATE LIMITED 985
SKUNG TRADELINK LIMITED 982
SUNNESS CAPITAL INDIA PVT LTD 944
KHANDWALA SECURITIES LTD. 897
SAAKETA CONSULTANTS LTD. 891
BERKELEY SECURITIES LIMITED 849
J M GLOBAL EQUITIES PRIVATE LIMITED 825
VACHANA INVESTMENTS PRIVATE LIMITED 817
BEZEL STOCK BROKERS PRIVATE LIMITED 809
MANDOT SECURITIES PRIVATE LIMITED 793
SRI SHIRDI CAPITAL SERVICES PRIVATE LIMITED 765
EDELWEISS SECURITIES LIMITED 727
GREENBUCKS SECURITIES PRIVATE LIMITED 695
MAXGROWTH CAPITAL PRIVATE LIMITED 679
VERACITY FINANCIAL SERVICES PVT LTD 632
ACHINTYA SECURITIES PRIVATE LIMITED 607
INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 596
WELLINDIA SECURITIES LIMITED 573
KSBL SECURITIES LIMITED 569
QUANTUM SECURITIES PVT. LTD. 502
DHWAJA SHARES & SECURITIES PRIVATE LIMITED 492
J G SHAH FINANCIAL CONSULTANTS PVT. LTD. 483
SHRENI SHARES PRIVATE LIMITED 462
ACTION FINANCIAL SERVICES (INDIA) LIMITED 431
INDIAN FINANCE GUARANTY LTD. 412
RR EQUITY BROKERS PVT. LTD. 386
SANCHIT FINANCIAL & MANAGEMENT SERVICES LTD. 343
PANTOMATH STOCK BROKERS PRIVATE LIMITED 284
OMKAM CAPITAL MARKETS PRIVATE LIMITED 280
MONEYLICIOUS SECURITIES PRIVATE LIMITED 272
FIRST GLOBAL STOCKBROKING PVT.LTD. 253
ALLIED FINANCIAL SERVICES PVT LTD 241
UNITED CREDIT SECURITIES LTD. 215
INDO JATALIA SECURITIES PRIVATE LIMITED 208
CAPITAL WIZARD STOCK BROKING PVT. LTD. 204
RAGHUKUL SHARES INDIA PRIVATE LIMITED 199
AMRAPALI CAPITAL AND FINANCE SERVICES LTD. 184
ASTITVA CAPITAL MARKET PRIVATE LIMITED 175
4A SECURITIES LIMITED 127
REFLECTION INVESTMENTS 117
ARJ SECURITIES PVT. LTD. 106
SUNGLOW CAPITAL SERVICES LTD. 87
BURGEON SECURITIES 86
ISHTA SECURITIES 86
NIRMAL BANG EQUITIES PRIVATE LIMITED 76
KRISHA INCAP SERVICES PVT.LTD. 69
A. S. STOCK BROKING AND MANAGEMENT PVT LTD. 57
PUG SECURITIES PRIVATE LIMITED 55
RTG SHARE BROKING LIMITED 52
NKB SECURITIES 46
SMVD SECURITIES 45
DESTINY SECURITIES LTD. 30
BAJAJ SHARE & STOCK BROKERS PVT. LTD 29
Total 28
BASANT SECURITIES PRIVATE LIMITED 28
A.N. SECURITIES 22
GOLDSTREET SECURITIES LIMITED 18
GOOD FORTUNE CAPITALS PRIVATE LIMITED 17
ANGEL SECURITIES LTD 8
ZERODHA SECURITIES PRIVATE LIMITED 7
RKG SHARE BROKERS PVT. LTD. 6
ICICI BANK LTD. 4
FORTUNE CAPITAL SERVICES 2
AMU SHARES & SECURITIES LTD. 1
UNION BANK OF INDIA 1
ADVENT STOCK BROKING PRIVATE LIMITED 1
ICICI SECURITIES PRIMARY DEALERSHIP LIMITED 1
PREM SOMANI SHARE BROKERS PVT. LTD. 1
3 Likes
#79

Thanks. Can you please tell me from where you got this list?

#80

It is available on NSE website - https://www.nseindia.com/invest/content/arbitration_reports/report_1c_2018_19.htm

2 Likes
#81

Thanks

#82

Damn this is my first broker. And I chose it because of its simple and easy website. And availability of YouTube tutorials.

#83

Can you give the updated list ? @Bhuvanesh

#84

Here is the updated list as on 31 March 2019-

1 ZERODHA BROKING LIMITED 909008
2 ICICI SECURITIES LIMITED 843975
3 HDFC SECURITIES LTD. 672044
4 SHAREKHAN LTD. 509787
5 KOTAK SECURITIES LTD. 437822
6 AXIS SECURITIES LIMITED 419455
7 ANGEL BROKING LIMITED 412809
8 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 319138
9 KARVY STOCK BROKING LTD. 266287
10 IIFL SECURITIES LIMITED 214149
11 SBICAP SECURITIES LIMITED 209301
12 GEOJIT FINANCIAL SERVICES LIMITED 162789
13 RELIGARE BROKING LIMITED 159030
14 RELIANCE SECURITIES LIMITED 120227
15 EDELWEISS BROKING LIMITED 120132
16 5PAISA CAPITAL LIMITED 106280
17 SMC GLOBAL SECURITIES LTD. 105981
18 RKSV SECURITIES INDIA PRIVATE LIMITED 99546
19 NIRMAL BANG SECURITIES PVT. LTD. 93607
20 MARWADI SHARES AND FINANCE LIMITED 83111
21 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 76095
22 VENTURA SECURITIES LTD. 76088
23 TRADEBULLS SECURITIES § LTD. 69362
24 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 49367
25 MONARCH NETWORTH CAPITAL LIMITED 45620
26 INDIABULLS VENTURES LTD. 44730
27 ADITYA BIRLA MONEY LIMITED 44234
28 IDBI CAPITAL MARKETS & SECURITIES LTD. 40859
29 MASTER CAPITAL SERVICES LIMITED 39790
30 SAMCO SECURITIES LIMITED 39316
31 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 37378
32 JM FINANCIAL SERVICES LIMITED 35903
33 BONANZA PORTFOLIO LTD. 35277
34 JHAVERI SECURITIES LIMITED 34713
35 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 34445
36 ARIHANT CAPITAL MARKETS LIMITED 30666
37 SHRI PARASRAM HOLDINGS PVT. LTD. 29885
38 LKP SECURITIES LTD. 28077
39 SHRIRAM INSIGHT SHARE BROKERS LIMITED 27331
40 SWASTIKA INVESTMART LIMITED 26305
41 WAY2WEALTH BROKERS PRIVATE LIMITED 26001
42 GLOBE CAPITAL MARKET LIMITED 25995
43 SURESH RATHI SECURITIES PRIVATE LIMITED 24021
44 SHCIL SERVICES LIMITED 23736
45 BMA WEALTH CREATORS LIMITED 23698
46 CHOICE EQUITY BROKING PRIVATE LIMITED 23433
47 VNS FINANCE & CAPITAL SERVICES LTD. 21652
48 EUREKA STOCK & SHARE BROKING SERVICES LIMITED 21597
49 KIFS TRADE CAPITAL PRIVATE LIMITED 21245
50 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 21043
51 PRABHUDAS LILLADHER PVT. LTD. 19983
52 PRUDENT BROKING SERVICES PRIVATE LIMITED 17917
53 ASE CAPITAL MARKETS LTD. 17590
54 ALANKIT ASSIGNMENTS LTD. 15637
55 NJ INDIA INVEST PRIVATE LIMITED 15146
56 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 14674
57 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 14661
58 ASHIKA STOCK BROKING LTD. 14570
59 GOLDMINE STOCKS PRIVATE LIMITED 14498
60 INDIANIVESH SECURITIES LTD. 14386
61 ZEN SECURITIES LTD. 13769
62 NARNOLIA FINANCIAL ADVISORS LIMITED 12921
63 ISE SECURITIES & SERVICES LIMITED 12755
64 PROFITMART SECURITIES PRIVATE LIMITED 12697
65 PHILLIPCAPITAL (INDIA) PVT. LTD 12637
66 SOUTH ASIAN STOCKS LTD. 12345
67 SS CORPORATE SECURITIES LIMITED 11864
68 FAIRWEALTH SECURITIES LIMITED 11723
69 DEALMONEY SECURITIES PRIVATE LIMITED 11551
70 BANSAL FINSTOCK PRIVATE LIMITED 11435
71 PRAVIN RATILAL SHARE AND STOCK BROKERS LTD 11279
72 RATNAKAR SECURITIES PVT LTD 11257
73 TRUSTLINE SECURITIES LIMITED 11171
74 YES SECURITIES (INDIA) LIMITED 11086
75 BGSE FINANCIALS LIMITED 11025
76 INDITRADE CAPITAL LIMITED 10986
77 PCS SECURITIES LTD. 10173
78 GOODWILL WEALTH MANAGEMENT PVT LTD 9679
79 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 9657
80 CANARA BANK SECURITIES LIMITED 9334
81 KUNVARJI FINSTOCK PVT. LTD. 9137
82 NAVIA MARKETS LTD. 9030
83 BP EQUITIES PRIVATE LIMITED 8986
84 NINE STAR BROKING PRIVATE LIMITED 8689
85 SHREE BAHUBALI INTERNATIONAL LTD. 8496
86 R K GLOBAL SHARES & SECURITIES LIMITED 8476
87 ASTHA CREDIT & SECURITIES § LTD 8394
88 ANUGRAH STOCK & BROKING PVT. LTD. 8068
89 DBFS SECURITIES LIMITED 7916
90 MANGAL KESHAV FINANCIAL SERVICES LLP 7804
91 JK SECURITIES PVT. LTD. 7772
92 VRISE SECURITIES PRIVATE LIMITED 7700
93 MAVERICK SHARE BROKERS PRIVATE LIMITED 7602
94 BHANSALI VALUE CREATIONS PRIVATE LIMITED 7553
95 MANSUKH SECURITIES & FINANCE LIMITED 7540
96 GEPL CAPITAL PRIVATE LIMITED 7369
97 ALICE BLUE FIN SVCS P LTD 7337
98 KISAN RATILAL CHOKSEY SHARES AND SECURITIES PRIVATE LIMTIED 7312
99 B N RATHI SECURITIES LIMITED 7295
100 INVENTURE GROWTH & SECURITIES LIMITED 7023
101 JOINDRE CAPITAL SERVICES LTD 6992
102 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 6978
103 INDIRA SECURITIES PRIVATE LIMITED 6568
104 SUNIDHI SECURITIES & FINANCE LIMITED 6432
105 SAFAL CAPITAL (INDIA) LIMITED 6427
106 ACUMEN CAPITAL MARKET (INDIA) LTD 6401
107 INTIME EQUITIES LIMITED 6362
108 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 6356
109 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 6289
110 GUINESS SECURITIES LIMITED 6213
111 CHOLAMANDALAM SECURITIES LIMITED 6094
112 IFCI FINANCIAL SERVICES LIMITED 5918
113 COIMBATORE CAPITAL LIMITED 5739
114 PATEL WEALTH ADVISORS PVT LTD 5684
115 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 5468
116 R WADIWALA SECURITIES PVT. LTD. 5445
117 HEDGE EQUITIES LIMITED 5378
118 FYERS SECURITIES 5323
119 ASHLAR SECURITIES PRIVATE LIMITED 5155
120 PACE STOCK BROKING SERVICES PRIVATE LIMITED 5020
121 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 4948
122 TRADEJINI FINANCIAL SERVICES PVT LTD 4905
123 CELEBRUS CAPITAL LIMITED 4901
124 SYSTEMATIX SHARES & STOCKS (INDIA) LTD. 4745
125 MARFATIA STOCK BROKING PRIVATE LIMITED 4692
126 INDIA ADVANTAGE SECURITIES PRIVATE LIMITED 4594
127 INDUS PORTFOLIO § LTD 4374
128 CONSORTIUM SECURITIES PRIVATE LTD. 4346
129 BASAN EQUITY BROKING LIMITED 3910
130 ZUARI FINSERV PRIVATE LIMITED 3714
131 VERTEX SECURITIES LTD. 3683
132 MANUBHAI MANGALDAS SECURITIES PVT. LTD. 3678
133 PEERLESS SECURITIES LIMITED 3636
134 GCL SECURITIES PVT LTD 3617
135 A C AGARWAL SHARE BROKERS PVT LTD 3558
136 VIKSON SECURITIES PRIVATE LIMITED 3506
137 FINVASIA SECURITIES PRIVATE LIMITED 3448
138 EXCLUSIVE SECURITIES LTD. 3385
139 STEWART & MACKERTICH WEALTH MANAGEMENT LTD. 3340
140 QUANTUM GLOBAL SECURITIES LIMITED 3279
141 PRABHAT FINANCIAL SERVICES LTD. 3241
142 SATCO CAPITAL MARKETS LIMITED 3033
143 GANPATI SECURITIES 2892
144 FRR SHARES AND SECURITIES LIMITED 2886
145 KAYNET FINANCE LIMITED 2782
146 SUNLIGHT BROKING LLP 2677
147 A . G. SHARES & SECURITIES LTD. 2587
148 INTEGRATED MASTER SECURITIES PVT. LTD. 2510
149 BOB CAPITAL MARKETS LIMITED 2482
150 HSB SECURITIES & EQUITIES LIMITED 2401
151 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 2389
152 ALMONDZ GLOBAL SECURITIES LTD. 2256
153 KALPATARU MULTIPLIER LTD. 2223
154 BHUMIKA CONSULTANCY § LTD 2191
155 NG RATHI INVESTRADES PRIVATED LIMITED 2175
156 ABHIPRA CAPITAL LTD. 2166
157 SUMPOORNA PORTFOLIO LIMITED 2156
158 VCK SHARE & STOCK BROKING SERVICES LTD. 2145
159 COMPETENT FINMAN PVT. LTD. 2128
160 AASMAA SECURITIES PRIVATE LIMITED 2103
161 MULTIPLEX CAPITAL LTD. 2102
162 COMFORT SECURITIES LIMITED 2066
163 AMBALAL SHARES & STOCKS PRIVATE LIMITED 2029
164 C.D. EQUISEARCH PVT. LTD 1981
165 RAGHUNANDAN CAPITAL PRIVATE LIMITED 1960
166 JUST TRADE SECURITIES LIMITED 1916
167 MODEX INTERNATIONAL SECURITIES LTD. 1874
168 ATS SHARE BROKERS PRIVATE LIMITED 1818
169 FINDOC INVESTMART PVT. LTD. 1772
170 FAIR INTERMEDIATE INVESTMENTS PVT. LTD. 1761
171 CIL SECURITIES LTD. 1747
172 ESCORTS SECURITIES LTD. 1681
173 IIFL WEALTH MANAGEMENT LTD 1626
174 ARTHA VRDDHI SECURITIES LIMITED 1508
175 FARSIGHT SECURITIES LTD. 1439
176 COMPOSITE INVESTMENTS PRIVATE LIMITED 1415
177 GOGIA CAPITAL SERVICES LIMITED 1385
178 PEE AAR SECURITIES LIMITED 1353
179 ARCH FINANCE LTD. 1245
180 GROVALUE SECURITIES PVT LTD 1229
181 MAHESHWARI TECHNICAL & FINANCIAL SERVICES LTD. 1198
182 FAST CAPITAL MARKETS LTD. 1191
183 EAST INDIA SECURITIES LTD. 1178
184 ACHIIEVERS EQUITIES LIMITED 1176
185 ANVIL SHARE & STOCK BROKING PVT. LTD 1171
186 BALJIT SECURITIES PVT. LTD. 1107
187 R.K. STOCKHOLDING § LTD. 1099
188 WEALTH DISCOVERY SECURITIES PVT. LTD. 1077
189 SKI CAPITAL SERVICES LTD. 1042
190 KARUNA FINANCIAL SERVICES PVT. LTD 1038
191 ADWEALTH STOCK BROKING PRIVATE LIMITED 1010
192 UNLOCK WEALTH SECURITIES LIMITED 1005
193 NARAYAN SECURITIES LIMITED 1000
194 C. M. GOENKA STOCK BROKERS PVT. LTD. 997
195 LFS BROKING PRIVATE LIMITED 985
196 SKUNG TRADELINK LIMITED 982
197 SUNNESS CAPITAL INDIA PVT LTD 944
198 KHANDWALA SECURITIES LTD. 897
199 SAAKETA CONSULTANTS LTD. 891
200 BERKELEY SECURITIES LIMITED 849
201 J M GLOBAL EQUITIES PRIVATE LIMITED 825
202 VACHANA INVESTMENTS PRIVATE LIMITED 817
203 BEZEL STOCK BROKERS PRIVATE LIMITED 809
204 MANDOT SECURITIES PRIVATE LIMITED 793
205 SRI SHIRDI CAPITAL SERVICES PRIVATE LIMITED 765
206 EDELWEISS SECURITIES LIMITED 727
207 GREENBUCKS SECURITIES PRIVATE LIMITED 695
208 MAXGROWTH CAPITAL PRIVATE LIMITED 679
209 VERACITY FINANCIAL SERVICES PVT LTD 632
210 ACHINTYA SECURITIES PRIVATE LIMITED 607
211 INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 596
212 WELLINDIA SECURITIES LIMITED 573
213 KSBL SECURITIES LIMITED 569
214 QUANTUM SECURITIES PVT. LTD. 502
215 DHWAJA SHARES & SECURITIES PRIVATE LIMITED 492
216 J G SHAH FINANCIAL CONSULTANTS PVT. LTD. 483
217 SHRENI SHARES PRIVATE LIMITED 462
218 ACTION FINANCIAL SERVICES (INDIA) LIMITED 431
219 INDIAN FINANCE GUARANTY LTD. 412
220 RR EQUITY BROKERS PVT. LTD. 386
221 SANCHIT FINANCIAL & MANAGEMENT SERVICES LTD. 343
222 PANTOMATH STOCK BROKERS PRIVATE LIMITED 284
223 OMKAM CAPITAL MARKETS PRIVATE LIMITED 280
224 MONEYLICIOUS SECURITIES PRIVATE LIMITED 272
225 FIRST GLOBAL STOCKBROKING PVT.LTD. 253
226 ALLIED FINANCIAL SERVICES PVT LTD 241
227 UNITED CREDIT SECURITIES LTD. 215
228 INDO JATALIA SECURITIES PRIVATE LIMITED 208
229 CAPITAL WIZARD STOCK BROKING PVT. LTD. 204
230 RAGHUKUL SHARES INDIA PRIVATE LIMITED 199
231 AMRAPALI CAPITAL AND FINANCE SERVICES LTD. 184
232 ASTITVA CAPITAL MARKET PRIVATE LIMITED 175
233 4A SECURITIES LIMITED 127
234 REFLECTION INVESTMENTS 117
235 ARJ SECURITIES PVT. LTD. 106
236 SUNGLOW CAPITAL SERVICES LTD. 87
237 ISHTA SECURITIES 86
238 BURGEON SECURITIES 86
239 NIRMAL BANG EQUITIES PRIVATE LIMITED 76
240 KRISHA INCAP SERVICES PVT.LTD. 69
241 A. S. STOCK BROKING AND MANAGEMENT PVT LTD. 57
242 PUG SECURITIES PRIVATE LIMITED 55
243 RTG SHARE BROKING LIMITED 52
244 NKB SECURITIES 46
245 SMVD SECURITIES 45
246 DESTINY SECURITIES LTD. 30
247 BAJAJ SHARE & STOCK BROKERS PVT. LTD 29
248 BASANT SECURITIES PRIVATE LIMITED 28
249 A.N. SECURITIES 22
250 GOLDSTREET SECURITIES LIMITED 18
251 GOOD FORTUNE CAPITALS PRIVATE LIMITED 17
252 ANGEL SECURITIES LTD 8
253 ZERODHA SECURITIES PRIVATE LIMITED 7
254 RKG SHARE BROKERS PVT. LTD. 6
255 ICICI BANK LTD. 4
256 FORTUNE CAPITAL SERVICES 2
257 PREM SOMANI SHARE BROKERS PVT. LTD. 1
258 ICICI SECURITIES PRIMARY DEALERSHIP LIMITED 1
259 ADVENT STOCK BROKING PRIVATE LIMITED 1
260 UNION BANK OF INDIA 1
261 AMU SHARES & SECURITIES LTD. 1
2 Likes
#85

Updated list as on 30 April 2019

1 ZERODHA 931814
2 ICICI SECURITIES LIMITED 855003
3 HDFC SECURITIES LTD. 664256
4 SHAREKHAN LTD. 507949
5 KOTAK SECURITIES LTD. 433599
6 ANGEL BROKING LIMITED 418840
7 AXIS SECURITIES LIMITED 410900
8 MOTILAL OSWAL SECURITIES LTD. 323543
9 KARVY STOCK BROKING LTD. 262842
10 IIFL SECURITIES LIMITED 211561
11 SBICAP SECURITIES LIMITED 206949
12 GEOJIT FINANCIAL SERVICES LIMITED 161313
13 RELIGARE BROKING LIMITED 157059
14 RKSV SECURITIES INDIA PRIVATE LIMITED 131293
15 EDELWEISS BROKING LIMITED 121672
16 RELIANCE SECURITIES LIMITED 120292
17 5PAISA CAPITAL LIMITED 110688
18 SMC GLOBAL SECURITIES LTD. 106129
19 NIRMAL BANG SECURITIES PVT. LTD. 93787
20 VENTURA SECURITIES LTD. 75598
21 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 75548
22 TRADEBULLS SECURITIES § LTD. 69501
23 MONARCH NETWORTH CAPITAL LIMITED 45573
24 INDIABULLS VENTURES LTD. 44279
25 ADITYA BIRLA MONEY LIMITED 44121
26 SAMCO SECURITIES LIMITED 39751
27 JM FINANCIAL SERVICES LIMITED 38548
28 JHAVERI SECURITIES LIMITED 35283
29 BONANZA PORTFOLIO LTD. 35083
30 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 34616
31 LKP SECURITIES LTD. 28079
32 SWASTIKA INVESTMART LIMITED 26450
33 GLOBE CAPITAL MARKET LIMITED 26043
34 CHOICE EQUITY BROKING PRIVATE LIMITED 24362
35 BMA WEALTH CREATORS LIMITED 23193
36 KIFS TRADE CAPITAL PRIVATE LIMITED 21226
37 PRUDENT BROKING SERVICES PRIVATE LIMITED 18052
38 NARNOLIA FINANCIAL ADVISORS LIMITED 13202
39 PROFITMART SECURITIES PRIVATE LIMITED 13034
40 ISE SECURITIES & SERVICES LIMITED 12669
41 SOUTH ASIAN STOCKS LTD. 12384
42 BANSAL FINSTOCK PRIVATE LIMITED 11709
43 DEALMONEY SECURITIES PRIVATE LIMITED 11629
44 YES SECURITIES (INDIA) LIMITED 11241
45 GOODWILL WEALTH MANAGEMENT PVT LTD 10023
46 NAVIA MARKETS LTD. 9090
47 ASTHA CREDIT & SECURITIES § LTD 8948
48 R K GLOBAL SHARES & SECURITIES LIMITED 8405
49 ALICE BLUE FIN SVCS P LTD 8189
50 LSC Securities Limited 8090
51 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 6494
52 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 6237
53 INTIME EQUITIES LIMITED 6183
54 GUINESS SECURITIES LIMITED 5848
55 FYERS SECURITIES 5834
56 ASHLAR SECURITIES PRIVATE LIMITED 5275
57 SAJAG SECURITIES PVT. LTD. 4816
58 BASAN EQUITY BROKING LIMITED 3857
59 MEHTA EQUITIES LIMITED 3717
60 VIKSON SECURITIES PRIVATE LIMITED 3457
61 QUANTUM GLOBAL SECURITIES LIMITED 3262
62 NG RATHI INVESTRADES PRIVATED LIMITED 2035
63 LFS BROKING PRIVATE LIMITED 995
64 NARAYAN SECURITIES LIMITED 938
65 BEZEL STOCK BROKERS PRIVATE LIMITED 796
66 KSBL SECURITIES LIMITED 552
67 WELLINDIA SECURITIES LIMITED 538
68 CREDENTIAL STOCK BROKERS LIMITED 508
69 INDIAN FINANCE GUARANTY LTD. 455
70 ALLIED FINANCIAL SERVICES PVT LTD 239
71 ALTINA SECURITIES PVT. LTD 236
72 RAGHUKUL SHARES INDIA PRIVATE LIMITED 162
73 BURGEON SECURITIES 86
74 KRISHA INCAP SERVICES PVT.LTD. 72
75 DESTINY SECURITIES LTD. 15

Source: https://www.nseindia.com/invest/content/arbitration_reports/report_1c_2019_20.htm

1 Like
#86

@naruto @Ronak_Sanghvi @ I guess this list is restricted to brokers who are member of both the stock exchanges . what about many brokers who are members of only NSE or say ONLY bse and have more than few hundred active clients ?

#87

I have an account with zerodha need another account for back up.Any suggestions who are providing best trading platform like zerodha both on web and mobile along with discount brokerage.

#88

India is a huge economy and people are interested in mutual funds, investment funds, and trades. Indian traders have a huge reputation all across the world and they are doing great businesses. India also has some reputed brokerage firms which is really a great thing.

#89

At the end of May 2019

# NAME OF THE TM UCC OF ACTIVE CLIENTS
1 ZERODHA BROKING LIMITED 960992
2 ICICI SECURITIES LIMITED 870070
3 HDFC SECURITIES LTD. 658668
4 SHAREKHAN LTD. 508107
5 KOTAK SECURITIES LTD. 435815
6 ANGEL BROKING LIMITED 424207
7 AXIS SECURITIES LIMITED 399190
8 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 325585
9 KARVY STOCK BROKING LTD. 263678
10 SBICAP SECURITIES LIMITED 209493
11 IIFL SECURITIES LIMITED 209244
12 RKSV SECURITIES INDIA PRIVATE LIMITED 163085
13 GEOJIT FINANCIAL SERVICES LIMITED 162121
14 RELIGARE BROKING LIMITED 156212
15 EDELWEISS BROKING LIMITED 122095
16 5PAISA CAPITAL LIMITED 121542
17 RELIANCE SECURITIES LIMITED 119033
18 SMC GLOBAL SECURITIES LTD. 106342
19 NIRMAL BANG SECURITIES PVT. LTD. 93300
20 MARWADI SHARES AND FINANCE LIMITED 82574
21 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 75282
22 VENTURA SECURITIES LTD. 75092
23 TRADEBULLS SECURITIES § LTD. 68310
24 MONARCH NETWORTH CAPITAL LIMITED 44590
25 INDIABULLS VENTURES LTD. 44334
26 ADITYA BIRLA MONEY LIMITED 44120
27 IDBI CAPITAL MARKETS & SECURITIES LTD. 42401
28 SAMCO SECURITIES LIMITED 40639
29 JM FINANCIAL SERVICES LIMITED 38412
30 JHAVERI SECURITIES LIMITED 34810
31 BONANZA PORTFOLIO LTD. 34763
32 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 34259
33 ARIHANT CAPITAL MARKETS LIMITED 30638
34 SHRI PARASRAM HOLDINGS PVT. LTD. 29225
35 LKP SECURITIES LTD. 27827
36 SWASTIKA INVESTMART LIMITED 26806
37 SHRIRAM INSIGHT SHARE BROKERS LIMITED 26682
38 GLOBE CAPITAL MARKET LIMITED 26085
39 WAY2WEALTH BROKERS PRIVATE LIMITED 25829
40 CHOICE EQUITY BROKING PRIVATE LIMITED 25571
41 BMA WEALTH CREATORS LIMITED 22519
42 KIFS TRADE CAPITAL PRIVATE LIMITED 20772
43 PRABHUDAS LILLADHER PVT. LTD. 20498
44 PRUDENT BROKING SERVICES PRIVATE LIMITED 17575
45 INDIANIVESH SECURITIES LTD. 14215
46 PROFITMART SECURITIES PRIVATE LIMITED 13564
47 NARNOLIA FINANCIAL ADVISORS LIMITED 13512
48 ISE SECURITIES & SERVICES LIMITED 12517
49 SOUTH ASIAN STOCKS LTD. 12411
50 SS CORPORATE SECURITIES LIMITED 11720
51 DEALMONEY SECURITIES PRIVATE LIMITED 11710
52 YES SECURITIES (INDIA) LIMITED 11462
53 BANSAL FINSTOCK PRIVATE LIMITED 11410
54 FAIRWEALTH SECURITIES LIMITED 11339
55 GOODWILL WEALTH MANAGEMENT PVT LTD 10490
56 ASTHA CREDIT & SECURITIES § LTD 9525
57 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 9521
58 ALICE BLUE FIN SVCS P LTD 9311
59 NAVIA MARKETS LTD. 9232
60 R K GLOBAL SHARES & SECURITIES LIMITED 8384
61 LSC Securities Limited 8093
62 VRISE SECURITIES PRIVATE LIMITED 7700
63 JK SECURITIES PVT. LTD. 7636
64 MANSUKH SECURITIES & FINANCE LIMITED 7328
65 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 6699
66 FYERS SECURITIES 6518
67 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 6145
68 ITI SECURITIES BROKING LIMITED 6002
69 IFCI FINANCIAL SERVICES LIMITED 5963
70 ASHLAR SECURITIES PRIVATE LIMITED 5510
71 GUINESS SECURITIES LIMITED 5466
72 HEDGE EQUITIES LIMITED 5324
73 SAJAG SECURITIES PVT. LTD. 4861
74 MEHTA EQUITIES LIMITED 3752
75 BASAN EQUITY BROKING LIMITED 3737
76 VIKSON SECURITIES PRIVATE LIMITED 3443
77 MARKET-HUB STOCK BROKING PRIVATE LIMITED 3326
78 QUANTUM GLOBAL SECURITIES LIMITED 3285
79 COMPETENT FINMAN PVT. LTD. 2123
80 MULTIPLEX CAPITAL LTD. 2064
81 NG RATHI INVESTRADES PRIVATED LIMITED 1873
82 ARTHA VRDDHI SECURITIES LIMITED 1565
83 FARSIGHT SECURITIES LTD. 1417
84 GROVALUE SECURITIES PVT LTD 1179
85 LFS BROKING PRIVATE LIMITED 1041
86 SKUNG TRADELINK LIMITED 968
87 MAX STOCK BROKING PRIVATE LIMITED 956
88 KHANDWALA SECURITIES LTD. 894
89 NARAYAN SECURITIES LIMITED 879
90 BEZEL STOCK BROKERS PRIVATE LIMITED 764
91 INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 619
92 VERACITY FINANCIAL SERVICES PVT LTD 589
93 KSBL SECURITIES LIMITED 522
94 INDIAN FINANCE GUARANTY LTD. 508
95 WELLINDIA SECURITIES LIMITED 507
96 QUANTUM SECURITIES PVT. LTD. 498
97 CREDENTIAL STOCK BROKERS LIMITED 494
98 PANTOMATH STOCK BROKERS PRIVATE LIMITED 284
99 ALTINA SECURITIES PVT. LTD 239
100 ALLIED FINANCIAL SERVICES PVT LTD 236
101 CAPITAL WIZARD STOCK BROKING PVT. LTD. 197
102 ASTITVA CAPITAL MARKET PRIVATE LIMITED 167
103 RAGHUKUL SHARES INDIA PRIVATE LIMITED 120
104 RRB MASTER SECURITIES DELHI LTD. 120
105 BURGEON SECURITIES 84
106 YUVRAJ SECURITIES 77
107 KRISHA INCAP SERVICES PVT.LTD. 75
108 AMGIS HOLDINGS PVT LTD 21
109 ZERODHA SECURITIES PRIVATE LIMITED 11
110 DESTINY SECURITIES LTD. 2

Source: https://www.nseindia.com/invest/content/arbitration_reports/report_1c_2019_20.htm