Top 20 brokerage companies in

India.
1. Sharekhan Limited
ShareKhan is an online trading company of SSKI group. It has presence in over 170
cities of the country and
Indias most trusted brokerage firms.
Head Office: Mumbai, India
Number of Terminals: 2000 to 2500
Number of Sub Brokers: 200 to 300
Number of Branches: 510 offices
Number of Employees: 1000 to 2000
Account Opening Fee: Rs 750/- for Classic Account and Rs 1000/- for Trade Tiger
Website: www.sharekhan.com

2. India Bulls
India bulls was founded by Sameer Gehlaut in the year 2000. India bull has a net worth
of Rs 17,000 crore.
Head Office: Gurgaon, Haryana
Number of Terminals: 2876 to 3000
Number of Sub Brokers: 400 to 500
Number of Branches: 414 to 450
Number of Employees: 3500 to 4000
Account Opening Fee: Rs 1200/- (Rs 250/- for equity + Rs 200/- for Demat + Rs 750/-
for software
Website: www.indiabulls.com

3. Angel Broking Limited

Angel is counted among top 3 broking firms in India. It was founded in the year 1987
and it offers various
services like ebroking, commodity trading and other wealth management services.
Head Office: Mumbai, India
Number of Terminals: 5715 to 6000
Number of Sub Brokers: 150 to 200
Number of Branches: 300 to 400
Number of Employees: 300 to 500
Account Opening Fee: Stock Trading Account + Demat Account = Rs 500/-,
Commodity Trading = Rs 625/-
Website: www.angelbroking.com

4. Reliance Money
Reliance money is Indias number one broking firm. It has over 3.5 million customers
with more than 6000
outlets around the country.
Head Office: Lower Parel, Mumbai
Number of Terminals: 2428 to 2500
Number of Sub Brokers: 1494 to 1500
Number of Branches: 142 to 150
Number of Employees: 2000 to 2500
Account Opening Fee: Trading + Demat = Rs 750/- and for foreign nationals it is Rs
1000/-
Website: www.reliancemoney.com

5. India Infoline Limited

India Infoline was started in year 1996 and has over 2 million customers.
Head Office: Andheri, Mumbai
Number of Terminals: 173 to 2000
Number of Sub Brokers: 100 to 150
Number of Branches: 600 to 650
Number of Employees: 200 to 300
Account Opening Fee: Trading + Demat = Rs 750/-
Website: www.indiainfoline.com

6. Kotak Securities Limited

Kotak Securities was incorporated in 1994 and it is subsidiary of Kotak Mahindra.
Head Office: Nariman Point, Mumbai
Number of Terminals: 4320 to 4500
Number of Sub Brokers: 900 to 1000
Number of Branches: 350 to 400
Number of Employees: 4000 to 4500
Account Opening Fee: Derivative brokerage Rs 150 per contract and delivery
brokerage is .45%
Website: www.kotaksecurities.com

7. ICICI Direct
ICICI Direct is a stock trading company of ICICI bank.
Head Office: Mumbai, Maharashtra
Number of Terminals: 2000 to 3000
Number of Sub Brokers: 100 to 150
Number of Branches: 250 to 300
Number of Employees: 1000 to 2000
Account Opening Fee: Rs 750/- for share trading account, wise investment, active
trader account
Website: www.ICICIdirect.com

8. Motilal Oswal Securities

Motilal Oswal securities Ltd was founded in 1987 and considered to be best local
brokerage firm.
Head Office: Mumbai, Maharashtra
Number of Terminals: 7923 to 8000
Number of Sub Brokers: 890 to 1000
Number of Branches: 63 to 100
Number of Employees: 2193 to 2400
Account Opening Fee: Rs 600/- with first year Amc and from next year only Rs 400/-
Website: www.motilaloswal.com
9. HDFC Securities
HDFC securities was established 10 years back. It has over a million customers.
Head Office: Mumbai, India
Number of Terminals: 3000 to 4000
Number of Sub Brokers: 50 to 75
Number of Branches: 80 to 100
Number of Employees: 500 to 1500
Account Opening Fee: Minimum Brokerage per order Rs 25/- for resident and NRI.
Subject to ceiling of
2.5% of total traded valueWebsite: www.hdfcsec.com
10. Bajaj Capital
Bajaj Capital started its website justtrade.in in the year 2008.
Head Office: Mumbai, India
Number of Terminals: 2000 to 3000
Number of Sub Brokers: 200 to 300
Number of Branches: 100 to 150
Number of Employees: 1000 to 2500
Account Opening Fee: Onetime payment of Rs 499/- and trading account with 1st
year AMC and from nextyear it is Rs 180/- and Rs 1499/- for DEMAT
Website: www.justtrade.inyear it is Rs 180/- and Rs 1499/- for DEMATWebsite:
www.justtrade.in

11. Aditya Birla Money

There are seven companies representing Aditya Birla Money are Birla Sun Life Insurance
Company, Birla Sun Life
Asset Management Company, Aditya Birla Money, Birla Sun Life Distribution Company,
Aditya Birla Finance,
Birla Insurance Advisory and Broking Services
Head Office: Mumbai, India
Number of Terminals: 3000 to 3500
Number of Sub Brokers: 400 to 500
Number of Branches: 150 to 200
Number of Employees: 1000 to 2000
Account Opening Fee: Account charges are around Rs 750/- for online cum offline
trading and Demat A/C
Website: www.adityabirlamoney.com

12. SMC Global Securities Limited

SMC Global Securities is present all over the country. It has over 6 million satisfied
investors and over 3.5 million
trades per day.
Head Office: New Delhi, India
Number of Terminals: 1500 to 2000
Number of Sub Brokers: 250 to 300
Number of Branches: 425 to 500
Number of Employees: 2000 to 3000
Account Opening Fee: Demat + Trading One Time Charge = 499/-
Website: www.smcindiaonline.com
13. Geojit BNP Paribas
Geojit BNP Praibas has over 7 million clients with 522 offices around the country and in
Middle East also.
Head Office: Kochi, Kerala
Number of Terminals: 627 to 700
Number of Sub Brokers: 247 to 300
Number of Branches: 343 to 500
Number of Employees: 300 to 500
Account Opening Fee: For deliver based trading: .10% to .30%, for intra-day trading: .
01% to .03% and F
&O trading brokerage is Rs 30 to Rs 75 per lot.Website: www.geojitbnpparibas.com
14. SBICAP Securities
SBICAP securities is a 100% subsidiary of SBI capital markets Ltd and it is Indias oldest
brokerage company.
Head Office: Mumbai, India
Number of Terminals: 1000 to 2000
Number of Sub Brokers: 400 to 500
Number of Branches: 1500 to 2000
Number of Employees: 1000 to 1500
Account Opening Fee: Trading + Demat = Rs 750Website: www.sbicapsec.com

15. Karvy Stock Broking Limited

Karvy Stock Broking is one of the leading brokerage firms in India.
Head Office: Hyderabad, India
Number of Terminals: 1700 to 2000
Number of Sub Brokers: 1900 to 2000
Number of Branches: 580 to 600
Number of Employees: 3900 to 4000
Account Opening Fee: Demat and Trading account is Rs 1000/-
Website: www.karvyonline.com

16. Anand Rathi Securities Limited

Anand Rathi Securities was founded by Mr Anand Rathi in 1994. Apart from India it is
also present in Dubai and
Bangkok.
Head Office: Lower Parel, Mumbai
Number of Terminals: 1500 to 2000
Number of Sub Brokers: 320 to 400
Number of Branches: 220 to 250
Number of Employees: 4500 to 5000
Account Opening Fee: For Demat and trading account is Rs 750/-
Website: www.rathi.com
17. Bonanza Online
Bonanza Online was established in the year 1994. It is present in over 560 cities across
the country.
Head Office: New Delhi, India and corporate office in Mumbai
Number of Terminals: 1800 to 2000
Number of Sub Brokers: 2000 to 3000
Number of Branches: 200 to 300
Number of Employees: 1000 to 1500
Account Opening Fee: Demat and trading account both Rs 500/-
Website: www.bonanzaonline.com

18. IL & FS Investment Limited

IL and FS investment limited was founded in the year 1989 as credit capital venture
fund limited.
Head Office: Bandra, Mumbai
Number of Terminals: 1644 to 2000
Number of Sub Brokers: 500 to 600
Number of Branches: 300 to 350
Number of Employees: 2000 to 2500Account Opening Fee: Demat and trading
account both Rs 1000/-
Website: www.ilfsinvestmentmanagers.com

19. RKSV
RKVS came to India in 2008 after presence in American and European markets.
Head Office: Bandra, Mumbai
Number of Terminals: 100 to 200
Number of Sub Brokers: 30 to 40
Number of Branches: 50 to 100
Number of Employees: 300 to 400
Account Opening Fee: Rs 250 for demat and trading account
Website: www.rksv.in

20. Zerodha
The last brokerage firm in our list is Zerodha.
Head Office: Bangalore, India
Number of Terminals: 200 to 250
Number of Sub Brokers: 50 to 70
Number of Branches: 30 to 40
Number of Employees: 200 to 300
Account Opening Fee: 0% brokerage fees but Rs 20/- per trade.
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