Full service brokers list

Indian Capital Market is One of the oldest stock markets in Asia. In India broking firms primarily work as agents for buying and selling stocks and other financial instruments and take a commission for each transaction done by them. In this article, I have covered only full-service share brokers for discount stock brokers please read the best discount brokers in India. A full-service broker is a registered stockbroker with SEBI that gives the various types of services to their clients, including advice and research reports, investment planning, tax tips, and many more services. Sharekhan, Angel Broking and Motilal Oswal are the best full-service stockbrokers in India for their best and reliable service to their customers.

Top 10 Full Service Brokers in India – List of Best Full Service Broker

Full Service Brokers have been there in the Indian stock broking landscape for over 30 years now. Full-service brokers do more than just letting their clients buy and sell stocks across indices. This is something discount brokers do not since they follow the no-frills attached business model. Here is a quick look at some of the benefits of using the services of full service brokers for your stock market investments:.

All said and done, make sure you understand the specific expectations you have from your broker. If you have been able to narrow down that list, then it becomes much easier to choose the type of broker you like to go ahead with. Experts advise that in case you cannot handle your financial decisions on your own and need some advice on market trends.

And to add to that, if you are not tech-savvy or prefer some a humane tough when it comes to trading, go ahead with full service brokers. If you want only low brokerage with good trading applications as your preferences, well, discount brokers might be suitable for you.

Here, we have compiled a list of all top Full Service brokers in India with the aspects that make them a good choice for you. There has been no order followed in the list and the ones listed at the top do not necessarily imply to be the best ones. Founded in the year , this full service broker today has a network of more than sub-brokers and franchises across cities of the country.

It has some unique offerings in its brokerage plans both in prepaid and postpaid terms. Check details on Sharekhan Brokerage. The broker is known for its trading applications including Trade Tiger and this broker is suitable for intermediate to advanced level traders. IIFL or India Infoline is majorly known for its huge offline coverage with around locations across cities of India along with presence outside India as well.

This gives a lot of flexibility to the clients to choose and pay brokerage as per their own trading behaviour. Although there are way too many reasons that make ICICI Direct one of the top stockbrokers, its brokerage charges are relatively much higher as compared to other stock brokers in India.

Angel Broking is an oldie in the Indian stock broking scene with its inception way back in Today, it has a client base of 10,00, across cities of the country and is certainly one of the top full-service brokers in India. Its majorly known for its recently launched Robo advisory services, Angel Broking ARQ which is an investment engine for clients providing them with personalized recommendations and stock tips.

At the same time, it boasts of some of the top tech trading platforms such as Angel Eye and Angel Broking mobile app.

Angel Broking is known to provide high-quality research at both technical and fundamental levels and thus, is one of the top full service brokers in the country today. Recently, this full-service broker has pivoted towards flat brokerage charges plans.

Check this detailed Angel iTrade review for your reference. HDFC Securities also provides a 3-in-1 account to its clients due to its presence in banking services. It boasts of highly flexible and seamless trading platforms across devices including a trading terminal Blink. Motilal Oswal started in , is one of the oldest stock broking houses in the country. Although their major focus has been institutional broking in the initial years, however, of late, they have been gradually focusing on retail broking as well.

The broker is known to provide quality customer support to its clients with quick call support as well as through Online mechanisms such as MO Genie. It was the first broker that launched online trading in the year and started mobile trading in Today, it has a presence in more than cities in India and services more than 8,00, clients.

Established in the year , the full-service broker enjoys presence with more than 50 branches across the country and sub-broker network. SMC Global also has an international presence across Dubai. Although SMC has a lot to improve in the mobile trading application it offers to its clients, however, the other platforms have been well-designed. Aditya Birla Money , incorporated in , is a full-service broker based out of Chennai. From then on, it has been part of the group and is known as Aditya Birla Money instead.

The broker has done well in the past but its growth has seen a period of stagnation in the recent past. Kotak securities offer an array of trading platforms along with lighter versions for internet bandwidth issues.

It clocks more than 5 lakh traders every day and has a presence in more than cities of the country with around branches. The broker offers Kotak Stock Trader , a mobile trading application that comes with smooth user experience and a large number of features to access.

Reliance securities is a trading arm of Reliance Capital and was founded in the year Based out of Mumbai, Reliance securities or RSec claims to have a client base of more than 8 Lakh across cities of the country. Although not as exhaustively as Zerodha varsity , but Reliance securities has tried to come up with a knowledge repository for beginner traders on its website.

It contains detailed information on stock trading jargons and explanation on how market dynamics work. AxisDirect is the stockbroking arm of Axis Bank and was established in the year as a full-service broker. With around 73 branches across India, AxisDirect is one of the evolving stockbrokers in the offline space. Furthermore, AxisDirect also enjoys one of the highest active clients in the stockbroking space in India. Being a subsidiary of Axis Bank, AxisDirect allows its clients to open a 3 in 1 Demat account which takes away all the hassles of fund transfers.

Like any other bank-based stockbroker, AxisDirect charges pretty high brokerage charges from its clients. Edelweiss Broking services limited is part of Edelweiss Group, a leading financial services company that provides a range of products and services to its clients across Institutional, retail and corporations. In the recent past, Edelweiss acquired J. Morgan asset management company in March thus widening its coverage and hold in the commodities segment.

The broker was among the first ones to bring online account opening but has not seen much of technological improvements in other areas for a while now. Karvy Online began its operations way back in the year with a major focus on institutional and corporate investments. However, with maturity in the market and consumer mindset, it has slowly moved into the retail broking space as well. This helps the clients a lot in making sound judgement around managing their portfolio.

Another aspect in terms of cost is that Ventura securities provides a lifetime free trading account to its clients. Having said that, they have a provision of a minimum brokerage charge on a yearly basis once you open an account with them suggest to check with the customer support team for more on that.

Today, Religare securities serves 8,00, clients with a presence in more than locations in the country. One amazing feature of Religare Securities is that clients get interest on the unused amount in their trading accounts if they use Religare for their trading needs. One good part about Nirmal Bang is that it provides call and trade facility free of cost unlike any of the stockbrokers in India.

Anand Rathi is a full service broker based out of Mumbai with a presence in more than locations including Dubai. Set up in , Anand rathi has something to offer for its Institutional, Retail as well as for high net worth individuals. As per the latest numbers of , Anand Rathi employs a workforce of people and a client base of around 80, All that is required is the Anand Rathi login details user id and password to maintain and execute the trading decision.

Also, you can access Anand Rathi back office to plan your trading strategically. This stockbroker is known to provide high-quality research across trading segments through its in-house research team. TradeBulls is a full service broker based out of Mumbai and charges a very nominal 0. The broker needs to work on the performance of its trading platforms to go along with better customer service.

Off-late the broker has been trying hard towards new customer acquisition especially in tier-2 and tier-3 cities. Arihant Capital is a full service broker based out of Mumbai that was incorporated back in Arihant Capital has a presence in around cities of the country with close to branches.

With a client base of around 1. Arihant capital has also created a repository around trading education with tutorials for beginner clients. LKP Securities is a full-service broker based out of Mumbai and has a presence in more than locations across cities of India. Bonanza online provides a 3-in-1 account to its clients in partnership with a few national banks. BMA Wealth creators is a full-service broker based out of Kolkata with its corporate office in Mumbai. This broker is more than 15 years old and has coverage through 42 branches and business partners or franchises across India.

The broker gets one of the highest number and percentage of complaints registered from its clients for multiple kinds of reasons. Let us know your comments or feedback on this article in the comments section below.

Happy Trading! Feel free to read this review in Hindi as well. Still, have more questions to get clarified? Karvy Stock Broking coy is a worst stock broking coy in our country. Their customers executive, officer and also the senior officials are not taking any responses to the customers grievances because they are earning huge amount on the risk of the client.

Although I was a client of the coy for more than 13 years, however, during my posting at Ahmedabad, the coy has deeply cheated me causing a considerable and extreme losses as they have ceases my entire retirement benefits and my repeated request by ignoring my repeated grievances. In case you want I will communicate all of my problems. I want to invest for long term, yearly on an avarge will invest k for long term approx years.

I want to start community trading. I am beginning now. Thanks for sharing this useful information. I have been using PL India stock broking service which also good.

Wow, marvelous weblog layout! How long have you been running a blog for? The full look of your website is great, as neatly as the content! On the web investing providers have designed it quick for people from all more than the globe to buy, promote and trade stocks and to gain a income in shares.

There are a selection of factors to be saved in mind just before determining on a investing company. These include things like, but are not limited to:.

Kotak Securities. List of Assistance provided by Full Service Brokers are: Branch or Offline Presence; Research, Advisory & Stock Tips; Dedicated Dealer or.

Our goal is to provide the most in-depth online broker reviews so customers can find the best brokerage service for their investing needs. Choose a broker to be taken to its review page on the website. Sign Up! More Info.

If you'd rather pay someone else for stock recommendations, then pull into full-service. A carefully selected broker can supply you with valuable investment information and make profitable investment suggestions.

We recognize that we all are living through a particularly volatile time as we deal with this global crisis, and financial markets have also seen unprecedented change, impacting all investors. Our mission has always been to help people make the most informed decisions about how, when and where to invest.

Full Service Brokers in India

With so many different types of online stock brokers available to investors, it can be tough to choose one that works best for you. When we started our online broker reviews in the fall of , no one knew how the world would change. We recognize that we all are living through a particularly volatile time as we deal with this global crisis, and financial markets have also seen unprecedented change, impacting all investors. Our analysis of the online brokerage industry is, " Commission Cuts, Consolidation, and a Coronavirus Crash. Our mission has always been to help people make the most informed decisions about how, when and where to invest. Given recent market volatility, and the changes in the online brokerage industry, we are more committed than ever to providing our readers with unbiased and expert reviews of the top investing platforms for investors of all levels, for every kind of market.

Full Service Brokers

Full Service Brokers have been there in the Indian stock broking landscape for over 30 years now. Full-service brokers do more than just letting their clients buy and sell stocks across indices. This is something discount brokers do not since they follow the no-frills attached business model. Here is a quick look at some of the benefits of using the services of full service brokers for your stock market investments:. All said and done, make sure you understand the specific expectations you have from your broker. If you have been able to narrow down that list, then it becomes much easier to choose the type of broker you like to go ahead with. Experts advise that in case you cannot handle your financial decisions on your own and need some advice on market trends. And to add to that, if you are not tech-savvy or prefer some a humane tough when it comes to trading, go ahead with full service brokers. If you want only low brokerage with good trading applications as your preferences, well, discount brokers might be suitable for you.

Full Service Brokers are the traditional brokers who offers almost all kind of investment options and advisory to its customers. They also provide wealth management and investment planning services to individual as well as corporate customers.

Full Service Stock Brokers in India. Full service brokers in India proffer trading and they are enriched with features like trade, advisory, sales and asset management plus some other services under one azure. These full service brokers offer three in one account.

Comparison of full service share brokers in India-2020

Among a vast majority of full-service brokers, there are some which really stand out. Here is our list of Best Full-Service brokers in India:. They are different from discount brokers who are known to provide a limited number of services for a fixed brokerage fee. An investor with a full-service broker will have to pay much higher brokerage as compared to a discount broker. The full-service brokers also provide a large number of investment options to the investors like a mutual fund, FPO, IPO, loans products, debt instruments, and insurances. We have carefully assigned a rating to these brokers based on the products and services being provided by them which includes Customer Service, Web Trading Platform, Mobile Platform, Research and Brokerage. Read: Top 10 Stock Brokers in India. Kotak Securities Limited is a stockbroking firm of Kotak Mahindra Group, which was founded in the year It is founded by Mr. Uday Raj Kotak and is headquartered in Mumbai and has a network of branches of almost branches in cities. This full-service broker has the largest customer base in India of almost 1. As this is a bank based full-service broker, it facilitates the opening of 3 in 1 account. Nonetheless, it has recently launched Free Intraday Trading, a low-cost intraday trading option. This full-service broker offers trading Smart Watch App, a unique trading platform.

Recruit the Right Broker: Full-Service Firms

When you're choosing a broker for your investments, you'll need to decide whether to get a full-service broker or a discount broker. Therefore, it's important to know the difference between the two types. It really depends on the types of investments you'll be making. Here's a guide to the different types of brokerages, what they can offer you, and what they might cost. All brokers will execute trades for their clients, but a full-service broker will also research various investments and give advice. However, unless you're very savvy about the ins and outs of investing , you won't know whether you're getting good advice, mediocre advise, or downright bad advice.