Top 10 Stock Brokers in India – Compare the Best Stock Brokers of 2017

Over a period of time we have seen a pattern and after analyzing 100’s and 1000’s of data points, over this period we have observed that there are only 5 traits any client should consider when choosing a suitable stock brokerage company. We have created a ranking and points system for all these stock brokers that covers these top 5 factors. Let’s take a look at these five factors before finalizing a brokerage:

Stock advice research, advice and review

Every client’s dream is to find a brokerage house with the best research and advisory team that can perfectly predict the performance of all stocks. It’s pretty impossible to find someone like all brokerages selling themselves as the best research firm, but only a few actually offer 40-50% accuracy on their stock advice.

Brokerage Charge and Margin Fee Review

Again, an extremely important trait. Many clients choose to go with this segment of brokers as they do not want to hand over a large volume of money as a brokerage to the third party company. Too many brokerage concerns have given rise to discount brokers and they are extremely helpful to the trading community as they used to have to pay a lot of money as a broker but now it is down to 1/5 of the amount.

Product and Service Review

These two characteristics of any stock brokerage house play a fundamental role in boosting business. All of the major full-service brokers provide many products and services to their clients that help them manage their investments. All discount brokers provide most of the products available in this industry but they do not provide any service and that is why they charge very low brokerage to their clients.

Trading Platform Review

Another very important product to look for when choosing a stock broker is the trading platform. Choosing a good trading platform is very helpful; a poor trading platform can lead to a lot of missed opportunities due to errors or slow ordering speed or inefficiency. Also, it is very important to understand that the stockbroker must provide trading tools that work with all devices. Another important feature that must be present in trading platforms are analysis tools, charts, real-time data transmission, speed, stock recommendations, watch list, etc.

experience review

Every stock investor must take into account that the brokerage firm they choose must have very good experience in the stock sector. This is one of the most critical factors, since it gives the investor a lot of confidence if his money is going to end up in the right hands. An experienced stock trader will be able to predict the market well and will also have very strong risk management skills. It will always be worth taking risks with an experienced brokerage firm, as they have seen all the ups and downs and understand how to deal with all kinds of market related issues.

Now we can conclude with the top 10 stock brokers in India

List of Top 10 Stock Brokers in India:

1. Kotak Values

2. direct ICICI

3. Zerodha

4. edelweiss

5. angel brokerage

6. India Information Line

7. Sharekhan

8. motilal oswal

9. HDFC values

10. Karvy