Top 5 Best Stock Brooker In India
ICICI Direct is one the best stockbroker in the market. If you are searching for stock so, ICICI Direct is the best option for you guys. We add ICICI Direct on first on this list because ICICI Direct is the best broker in the market. When we talk about a charges ICICI Direct charges 0.5% in intraday and 0.75% as commission charges. ICICI open a Demat account for 980 Indian rupees while charging 500 Indian rupees for Annual Maintainance Charges. At the same time, ICICI offers USPS such as 3-in-1 Demat Account. ICICI Direct has a 2.6 Million total customer with coverage in 90 cities. ICICI Direct has 220 Branches in all over India. Due to its high brand value. ICICI Direct charges a high commission charge for the simple reason of trust factor inhibited among the user base.
Sharekhan is the top brand in stockbrokers after ICICI Direct. Sharekhan is the best stock broker for those who have many experiences in the stock market. Sharekhan BNP Paribas is the Mumbai based full-service stock broking firm having the most credible name in the share brokerage Industry with 16+ lakhs customers on board and having a presence in 580 cities with 2410 offices and franchisees across India. Share khan is everyone’s favorite because of their grandeur and servicing its client base. The support executives are decently trained and speak in multiple languages depending on the user’s location. They charge in the range of 0.015 to 0.1 percent depending on the margin money scheme picked by a customer. Sharekhan charge 750 Indian Rupees for Account Opening and 450 for Annual Maintainance.
Motilal Oswal is one of the biggest brands in India for stock broking. Motilal Oswal is the good broker. The company establishes in 1987 by Ramdeo Agarwal and Motilal Oswal. Though it is established in 80’s and it became full-service broker around the year 2000. They are headquartered in Mumbai and as of December 2014, had a network spread over 520 CITIES. Motilal Oswal is also known as the expensive stockbrokers but these full-service stock brokers are doing recently is multiple brokerage plans. Motilal Oswal charges 1000 Indian Rupees for Account opening charges and 450 for Annual Maintainance charges. Motilal Oswal is the best broker in India. Motilal Oswal service is very good.
Zerodha is one of the best brokers in India. Zerodha is also known as the discount broker. Zerodha was established in 2010. It is the only best discount broker in India. Zerodha is known for its amazing digital initiatives and product innovations. Zerodha offers a different trading platform such as a Zerodha kite web, Kite Mobile, Zerodha Pi, etc. Zerodha has fixed charges 20 Rupees per transaction on intra-day and no charges for equity delivery. Zerodha doesn’t charge you any other commission. Zerodha charges 200 Indian Rupees for Accounting Opening. However, zerodha don’t allow you to invest in IPO’s and it’s customer service in one area that still lacks maturity.
Angel Broking is one of the best brokers in India. Angel Broking is also known as the full-service broker. Angel Broking was established in 1987. Their positive side is they are one of the yester generation brokers and their approach to the customers’ so good even small towns all around the country hold their franchises. Angel Broking has flexible brokerage structure the more you trade the less brokerage you pay. You can negotiate brokerage charges with them. Angel Broking charges 0.01 to 0.4 percent depending upon the margin money committed at the start. A big thing is the Angel Broking open a free Demat account and charges 300 Indian rupees for Annual Maintainance charges. Angel Broking has the different online trading platforms such as a Angel Broking Trade, Angel Broking App and Angel Broking speed App. Angel Broking runs different offers for a customer at the different time of the year.
So, this the list of Top 5 Best Stock Broker in India. If you have any query just comment below. Please don’t forget to give your opinion. Well, Like and Share this post now, if you found it informative.