Best Stock Broker in India in 2021

Best Stock Broker in India

Are you new to stock market investing? Or do you dream of having a rewarding stock portfolio but don’t know where to start? Well, you need an expert stock broker to help you at every step of your market investment.

Choice of a stock broker is very crucial as it can create the difference between a profitable and loss making portfolio. But choosing a stock broker is one easy.

There are a number of questions you have in your mind like Which Is The Best Stock Broker In India?

Stock market is a market where securities listed on a stock exchange are traded between buyers and sellers. It is a place where buyers and sellers meet to exchange shares of publicly held companies.

Today, stock markets have evolved from paper-based to electronic transactions and are composed of a network of computers. Due to advancement in technology, many Stock brokers has emerged in recent years.

Top 10 Best Stock Broker in India

  • Zerodha
  • Upstox / RKSV Securities
  • Axis Direct 
  • Angel Broking
  • HDFC Securities
  • IIFL Securities
  • TradeJini 
  • Motilal Oswal Securities
  • Sharekan
  • Kotak Securities


Zerodha is most popular and well known discount broker in India for trading in Stock, Commodity and Currency Derivative.

Zerodha with a unique name and meaning, Zero Barrier (Zero + rodha) is emerging as a single largest and most popular Discount Brokerage firm in India having customers exceeding 4 million as of December 2020.

Zerodha have great trading platform. It is maybe the best Stock broker in India.

Upstox / RKSV Securities

RKSV Securities is a private online stock brokerage company based in Mumbai, India. It was established in 2009 by 3 co founders namely: Ravi Kumar, Raghu Kumar and Shrinivas Vishwanath.

Upstox stands for the initials of its founders who had around 25 years of combined experience of trading in developed markets.

Upstox / RKSV Securities can be termed to have the best  online trading platform  in India  as they facilitate  their clients with trading which can take place across all  platforms  including desktop, mobile and the web. Whether you want to trade in commodities, intraday,  currencies, they have it all sorted.

Upstox formerly known as RKSV Securities is one of the best Stock broker in India.

Axis Direct 

Axis Direct is a subsidiary of the Axis bank which is India’s third largest and one of the leading private sector banks. It was started in December, 2005 and since its inception, it has evolved to become a full fledged provider of financial services. 

The focus of the company lies on its productivity and efficiency and it strives to deliver positive results. It takes into account the goals and needs of the customers and works to come up with innovative ideas to provide them the best services.

Angel Broking

Angel broking is a stock broking firm based out of Mumbai. The history of Angel broking dates back to the late 1980s when it was established. Since then, Angel broking has come a long way and has been successful in instilling faith in its clients.

While online trading has become the order of the day, Angel broking too provides good services for its online clientele and have become one of the online brokers in India. From opening demat accounts in India, Angel Broking is the first choice of many people. Angel Broking is very popular stock broking firm but not as great as other brokers like Zerodha, Upstox, HDFC Securities, etc.

HDFC Securities

HDFC Securities is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with other financial products.  

HDFC Securities is a subsidiary of HDFC Bank which is a very popular private sector bank in India which is known for their great customer service. HDFC Securities is maybe the best Stock broker in India when it comes to full service brokership.

IIFL Securities

The IIFL brand associates itself with trust, knowledge and quality services. The focus lies on the core domain of financial services while continuing to adapt to the dynamic business environment.

The company has a vision to become the most respected company in the financial services space in India. IIFL Holdings Ltd., formerly known as India Infoline Limited, has a global presence with offices in the major cities of London, New York, Geneva as well as Dubai, Hong Kong, Singapore and Mauritius.


Tradejini uses a perfect blend of experience and innovation to provide the customers with a seamless trading solution. It provides the customers an integrated trading platform for all trading areas- equities, commodities, derivatives and currencies. The technologically high touch ‘client centric service’ model offered by Tradejini is the first of its kind.

It is very economically suited to the customers with as little as Rs. 20 per executive order charged irrespective of the value of the transaction.

Motilal Oswal Securities

Motilal Oswal Financial Services Ltd. was established by Motilal Oswal and Raamdeo Agrawal in 1987 in Mumbai, India. Since its inception, it has evolved into one of the leading players in the financial services arena.

Starting with offering derivative products and advisory services on BSE and NSE, the company has now incorporated a vast domain of services including private equity and investment banking services among others.


Sharekhan offers its services to all kinds of customers including individual investors and traders, corporate, institutional and NRI’s. As of Feb 2021, Sharekhan has over 1.4 million customers.

Sharekhan offers trade execution facilities for equity cash and derivatives segments on BSE and NSE, commodities trading facilities on MCX and NCDEX. Sharekhan also offer depository services (demat account) and option to invest in mutual funds and IPOs.

Kotak Securities

  • Kotak Security is a full services broker offering wide range of investment options and research reports.
  • Kotak Securities has extended network of 1400+ branches across India.
  • It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
  • Kotak offers 5 different trading platforms to fulfill almost all customer requirements.

Anything I Missed?

So this is the list of Best Stock Broker in India.

And now I’d like to hear from you:

Are there any brokerage firm that you love… but didn’t see on this list?

Or maybe you have a question.

Either way, let me know by leaving a comment below right now.

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