Top 5 stock brokers in India
The Indian stock market is a complex field to understand and study. This is the reason why many potential investors who are willing to invest in the stock market usually relies on the stock brokerage firms in India. The reason is that the potential investors are unable to crack the functioning of the Indian share market. In such a scenario, they believe on the specialized knowledge and the expertise of the stock brokerage firms. Today, in this article, we will be talking about the top 5 stock brokerage firms in India. So, without any delay, let’s get started.
Zerodha: –Zerodha is one of the topmost stock trading firm in India. It was registered in the year 2010 and it is the no. 1 stock brokerage firm in India in terms of growth and number of customers. Zerodha denotes more than 10% of the daily retail trading in India, that too across the major stock exchange platforms such as BSE, MCX & NSE. Zerodha is offering wide range of stock brokerage services apart from stock trading services. It is very easy to understand the brokerage structure of Zerodha. Many customers, who have moved from any other brokerage firm to Zerodha, have claimed that they have claimed up to 60-70% in their brokerage as compared to the other companies.
Angel broking: – Angel broking is one of India’s largest full-service retail brokerage firm. Angel Broking was incorporated in the year 1987 and it offers wide range of the trading and investment services including commodity and stock broking, margin funding, investment advisory services, loans against shares and much more.Angel Broking is working in more than 1800 cities through 110 branches and 11000 sub-brokers in India. Angel Broking revamped its brokerage plans in April, 2019, in order to compete with the discount stock brokers like Zerodha. Angel Broking is famous in the market for its excellent investment advisory and trading software. Surprisingly, Angel Broking is the first full-service broker in India offer discount brokerage rates to its customers.
Wisdom Capital: – Wisdom capital is a name in the Indian Stock market, which has started creating its impact in the market with its excellent brokerage structure. Incorporated in the year 2013, it is an online discount brokerage firm which offers various brokerage services for future and options, stocks, currency and commodities on MCX, BSE, NCDEX and NSE. Wisdom Capital’s ratings are also very good on various brokerage rating websites and customers are having really good experiences to share, which they have got while getting the services of the wisdom capital. Wisdom Capital offers 3 different types of plans in order to meet the customer’s requirements. These plans are- Freedom plan, Pro plan and Ultimate plan. Each of these plans are having specialized features and offers different specialized benefits to satisfy each type of potential investor available in the market. It is one of the fastest growing brokerage firms in India. Overall, it offers low brokerage & high exposure.
These are the top 3 stock trading firms of India which could be approached by any potential investor in the market. These brokerage firms offer quality services at the best possible prices.