List of Online Stock Brokers in India

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At present NSE has more than 345 stock brokers registered with it for stock broking business. BSE has a big list of trading members/brokers than NSE. Anyone who wants to take membership with NSE for stock broking will have to clear an online examination of NISM Capital Markets (Dealer) module apart from having other eligibility criteria detailed by NSE India. Here is the list of some famous online stock brokers in India.

If your company is not listed here, please let us know by sending an email to info@lastbull.com, we will add it here. If  readers come across any new trading members/brokers – you may share it with us by commenting below this post. We appreciate your support.
5paisa.com: Buy and sell shares on 5paisa.com with speeds comparable and at times better than NSE’s NEAT Terminal.    http://www.5paisa.com

Aditya Birla Money Ltd: ABM formerly known as Apollo Sindhoori Capital Investment is a leading player in  broking space since 15yrs.     http://www.adityabirlamoney.com/

Advani Share Brokers: Advani Share Brokers, the reputed Bombay based investment house, operates from India’s financial hub, Dalal Street, since 60 yrs.  http://www.advanishares.com/

Agroy: AFIL is the group’s flagship company engaged in capital markets as a premier financial and stock broking house since 18 yrs .     http://www.agroy.com/

Anand Rathi Securities ltd: Anand Rathi Securities provides financial & advisory services including brokerage & distribution of equities, commodities supported by powerful research teams.     http://www.rathi.com/

Angel Trade: The Angel Group has emerged as one of the top 5 retail stock broking houses in India.  http://www.angeltrade.com/

Aracade Share & Stock brokers: Arcadia group has philosophy of client servicing backed by all principal Indian Stock and Commodity.   http://www.arcadiastock.com

Dalal & Broacha stock broking pvt ltd: The Company is the member of The Stock Exchange Mumbai NSE and the OTC exchange of India.  http://www.dalal-broacha.com/

Dalmia Securities: Dalmia Securities (P) Ltd., is one of the market leaders in the Indian securities market.  http://www.dalmiasec.com/

Emkay: Emkay is a Financial Services Company promoted and run by professionals.       http://www.emkayshare.com

Ethical investment solutions pvt ltd: It is committed in providing you superior customer service.  http://ethical360.net

Geojit Financial services ltd : Company has a network of over 300 branches in India and abroad, rendering quality equity trading services.  http://www.geojit.com/

ICICI Direct : Online share and mutual funds trading facility by the ICICI group.   http://www.icicidirect.com/

IL & LS Investsmart : IIL is a premier financial service organisation providing individuals and corporates with customised financial management solutions.   http://www.investsmartindia.com

India Bulls : Indiabulls is India’s leading retail financial services company with 70 locations spread across 62 cities.  http://www.indiabulls.com/

Indianstockmarket.net : Indianstockmarket.net is an effort to educate Indian investor by providing stock news, stock market websites, informative articles, resources to various investment guides.  http://www.indianstockmarket.net/

Indira Securities: FIRM has grown from a modest stock broking firm to the current status with substantial business base with 15 yrs experience.  http://www.indirasecurities.com/

Indus Invest: INDUS  is one of the well established professional stock broking company in north India.  http://www.indusinvest.com

InvestMentor Securites : ISL is a leading stock broker of Gujarat, India. ISL has a seat on India’s largest stock exchange.  http://www.investmentoronline.com

Investment Research& Information services(IRIS) : Myiris.com provides online trading service of Indian stock and mutual funds.  http://www.myiris.com/

Jaypee Capital Services : It has the expertise and the experience to capitalize on daily stock movements and employ over 20 specialist traders certified by the NSE. http://www.jaypeecapital.com/index.html

Khandwala securitiesLtd :
Khandwala group has had over six and a half decades of experience in the financial services industry.     http://www.kslinvestor.com/

Kisan Ratilal Choksey : We serve an eclectic clientele comprising High Net Worth Individuals, Corporates.  http://www.krchoksey.com

LKP : It is one of the most respected groups in India, offers a single window advantage to its clients for all capital and money market related activities.  http://www.lkpsec.com/

Mangal Keshav : It has been a leading brokerage and advisory house offering a range of sophisticated advisory, financial trading and investment services.  http://www.mangalkeshav.com

Motilal Oswal: One of the top-3 stock-broking houses in India with 23 yrs experience.  http://www.motilaloswal.com

Mumbaibull.com : A guide to invest in Indian few nice tips to invest in India and Indian stock markets. A cautious approach for maximizing profits.     http://www.mumbaibull.com/

Networth stock broking Ltd: NSBL is a member of NSE & BSE on the Capital Market and Derivatives  segment.     http://www.networthstock.com/

Orient Capital Market: OCM was started 15 yrs ago with the sole aim to reduce the cost and improve the efficiency of the Broking system.     http://www.orientcapitalmarket.com/

Pratibhuti : Pratibhuti is one of the prominent Indian stock Broking Company effecting business on India’s major bourses.  http://www.pratibhuti.com/

RBK Share Brokers : RBK Share Broking Ltd is the member of Mumbai Stock Exchange, the premier stock exchange of India.  http://www.religare.in/

Religare Securities Ltd: Religare Enterprises Limited (A Ranbaxy Promoter Group Company) provides integrated financial solutions to its corporate, retail and wealth management clients.   http://www.religare.in/

Share Khan : Sharekhan brings to you a user- friendly online trading facility, coupled with a wealth of content that will help you stalk the right shares.  http://www.sharekhan.com

Sivan securities : Sivan is one of the leading Indian Investment Banker & Stock Broker with a strategic focus on South India.     http://members.tripod.com/~sivansec/

Toss financial services : Toss strives for absolute professionalism and high degree ethical standards when it comes to the question of client’s interest.  http://www.tossfinance.com

UTI Securities : UTISEL was promoted as an independant professional entity in 06/94 by UTI. the entire share capital of UTISEL is now held by Administrator of Specified Undertaking of Unit Trust of India since 02/03.  http://www.utisel.com/

Latin Manharlal: Latin Manharlal has grown over a period in experience and serving ever growing clientele in the Capital Market and F&O Segment. The company is a Trading and Clearing Member Broker registered with both the exchanges (BSE/NSE) Under Cash, F&O Segments and Registered Trading Member under Currency Derivative Segment. http://www.latinmanharlal.com/

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{ 19 comments… read them below or add one }

Abee February 15, 2011 at 12:41 pm

Hello,

Can you plz advice which broker is best ? In terms of brokerage charge, service,software they use etc.

Thank you.

Reply

Sathish Emmadi February 15, 2011 at 2:40 pm

Hi Abee,

What I observed is you can’t get best of everything with a single broker. If the service, software and research are good they charge little extra brokerages. What are your priorities? Though I can’t single out a particular broker as a best one. Sharekhan, IIFL and Kotak have relatively received positive feedback than others.

Please also visit the below links.

http://lastbull.com/kotak-securities-demat-account-review/#comment-889

http://lastbull.com/icici-online-stock-trading-%E2%80%93-icici-direct-%E2%80%93-demat-account-with-icici-direct/#comment-872

Reply

santosh sahu April 11, 2011 at 12:25 pm

hi,
i am from korba chhattisgarh. and want to open self shares broking business firm in chhattissgarh strating from korba .if any have low franchise fees please send me detail.
thanks

Reply

Aftab February 12, 2012 at 5:21 pm

Get in touch with me as soon as possible to get the best offer for your own franchisee…

Reply

manish sahu jaipur May 3, 2012 at 4:10 pm

dear contact with me for open a new office

Reply

Sathish Emmadi April 11, 2011 at 5:14 pm

Hi Santosh,

That’s a good idea. To start with you can visit the websites given here and contact them. Once you get responses you can plan visiting the offices physically.

Reply

Murtuza June 11, 2011 at 3:36 am

We are into Document Scanning providing services to Share Broking Companies.
We do scanning of Demat A/C Opening forms for couple of companies.
If any stock broking Co. looking to Outsource Scanning activity can kindly email me at – info@scanservices.in

Reply

Dedicated Broker November 16, 2011 at 10:21 am

It is hard to find which one is the best. But we can have a look over those and choose any one.

Reply

R C MANDAL November 28, 2011 at 8:51 am

I like to invest in share market.I am totally new in this field.need some help and guideline.

regards

R C Mandal

Reply

ram February 24, 2012 at 1:21 pm

Sir,
What type of help you want sir?

Pl reply…sugan135@gmail.com

Reply

Lohith February 7, 2012 at 1:05 pm

What about Ventura securities? Why it is not listed here? Is it too bad?

Reply

surbhi May 13, 2012 at 9:54 am

contact me surbhi 9988140408. can provide u best services wid less brokage charges. Harish 9463868889.

Franchises / Sub-Broker

If you are an individual who like to work for yourself, wants to create an identity of your own and has the grit, self-confidence and business acumen, we provide an excellent platform to realize your dreams.

Nirmal Bang Securities Private Limited offers unique and long lasting offer to be our channel partners who can gain from our infrastructure and expertise in creating wealth. Franchises / Sub brokers are our partners in growth and prosperity. We value their contribution and seek their partnership in creating a world-class infrastructure for Indian consumers in the financial markets.

Reply

Ahmad Ali February 10, 2012 at 4:41 am

New Investor , never ever open account in small brokerage houses, they charge less just to get the customers and then they commit fraud.

Reply

Ahmad Ali February 10, 2012 at 4:49 am

NEVER EVER OPEN AC with NIRMAL BANG SECURITIESPVT. LTD

Reply

ram February 24, 2012 at 1:20 pm

Hi,
Can i trade online directly under NSE or BSE stocks, without joining any broker, after passing NCFM exam?
I m a intraday person. WHo lost many by brokerage…
Ramesh

Reply

amit keshari February 29, 2012 at 3:28 pm

i want to commence the business of stock broking with minimum investment ,so which broking firm is better for me…

Reply

sandeep March 25, 2012 at 4:00 pm

Hi,
i am from Hissar (Haryana). and want to open self shares broking business firm in Hissar (Haryana) .if any have low franchise fees please send me detail.
thanks
sandeep
09416240094

Reply

vijay April 9, 2012 at 1:08 pm

Hi All, I have a valid NCFM certificate for capital and derivative market modules available for usage on rent. If anyone interested, kindly let me know on vijayvivek2001@yahoo.com.

Reply

Ishan April 9, 2012 at 3:32 pm

hey can any one tell me what’s the approximate number of brokers in India who do not have their own website or in other words they are physical brokers whose clients do not do trading with their websites?

Reply

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