The brokerage company acts as a middleman as it connects buyers and sellers. This content consists of a brief description of the top 10 stock broking company in India and its transaction schema.
Stockbroking is the service of providing an opportunity to the retail and institutional investors to buy as well as sell equities. The stockbroker is an agent who buys and sells the stock and other securities on behalf of the client. Here, we discuss a list of 10 Stock Brokers in India. Let’s have a glance at the top Stock Broking Companies in India.
India’s first discount broker is Zerodha which was established in 2010. This company is famous for its innovative products. The pricing concept of Zerodha is INR 20 per transaction and zero delivery brokerage in the equity segment.
Sharekhan is one of the best brokers in India. The online platforms Sharekhan is Trade Tiger, Share Mobile & Sharekhan Classic. Depending on the margin money scheme, the price range is between 0.015% to 0.1%.
Through ICICI banking service ICICI Direct gets a tidy sum of equity. It offers a 3-in-1 trading account. In the case of infra-day, the charges are 0.5% and 0.75% is for commission charges
4. Hdfc Securities:
HDFC Securities is a well-known company and has gained a large number of brand equity through its banking services. It offers 4-in-1 trading accounts. As brokerage commission, HDFC charges 0.5%.
Motilal Oswal is considered as best broker company in India. It is popular for its trading applications like mobile, web, desktop, etc. As trading accounts, it charges INR 1000, and as a Demat account, it charges INR 441.
Angel broking works as a full-service share trading company. It includes an online platform like Angel Broking Trade, Angel Broking App and Angel Speed Pro, etc. The trading brokerage rate is about 0.01% to 0.05%.
Kotak Securities is a famous stockbroker company. It provides a 3-in-1 Demat account. It does not offer a high margin. The account opening charge is about INR 750. It is one of the best brokers in India.
Indian Infoline is a financial company which is founded by Nirmal Jain. It offers a traditional plan of 0.01% to 0.03%, and the account opening rate is INR 555.
Karvy stockbroker offers more than ten products. It has a very strong impression in the South India market. In the case of Intraday Brokerage, the range is 01% to 0.05% and the range of Delivery Brokerage is 10% to 0.30%.
5Paisa is a popular and one of the best brokers in India. In this company, the charge for account opening is INR 650, margin money is zero, and trading AMC charge is free of cost.
In a nutshell, we can come to the conclusion that the above-stated stock broking companies in India make the Indian stock market very efficient. People can get an idea about the Demat account and how beneficial it is. The stock market is a great way to enhance one’s net worth.