BEST FULL SERVICE BROKERS IN INDIA
Are you an investor having surplus funds? Are you confused how to invest this amount? You want to find a stock broker? Do you know there are different types of stock broker? Which stock broker will be able to cater your need?
The answer to all the above questions lies in this blog. So read till the end and find your answers. The traditional types of brokers are called as full service broker. These are the Best stock brokers in India, these brokers provides advisory, wealth management and also help the investors with the financial planning. They have their own teams with expertise investment advisors, financial planners also a relationship manager. These are the one-point contact of the clients; they help in managing the portfolios of various investors. These brokers provide both online and offline services.
Why do we Need Best Full Service Broker?
As the full-service brokers have a traditional work approach, the traders/ investors want to use their services to yield maximum returns.
- Assistance from experts to execute trade
- Understand the stock markets
- Client investment approach
- Execute the call and trade options
- Help clients with retirement planning
- Tax planning
- Does market analysis, so informs the investor when to buy, hold and sell.
- Margin Funding
- Customer support
Advantages of Full-service brokers
- Provides relationship manager
- They provide advisory to the clients also information on IPO’S, FPO’S and buy back
- Full-service brokers also provide Portfolio Management Service (PMS) to their clients
So, if you are a newbie in the stock market and want advice on every step, or may be you don’t have much time to research and analyze suitable trading opportunity also ready to pay extra commission then a full-service broker is best for you.
TOP 10 FULL SERVICE BROKERS IN INDIA 2021
Best Full service brokers provide some exclusive services to its clients with Pan India presence with numerous branches. The factors considered while ranking the full-service brokers are trading platform, brokerage, client base, services offered.
Rank | Broker Name | Ratings |
1 | Kotak Securities | 8.0/10 |
2 | ICICI Direct | 7.9/10 |
3 | Edelweiss | 7.3/10 |
4 | Angel Broking | 7.2/10 |
5 | Sharekhan | 7.1/10 |
6 | IIFL or India Infoline | 7.1/10 |
7 | Motilal Oswal | 6.9/10 |
8 | HDFC Securities | 6.8/10 |
9 | Anand Rathi | 6.8/10 |
10 | Karvy | 6.5/10 |
Conclusion of Best Full Service Brokers in India
The best full-service broker is the Angel Broking, it is one of the oldest full-service brokers. It is also depository participant of NSDL. The amazing stock broking experience, offerings and extremely less brokerage fees, some great advices and stock tips make Angel broking the best full-service broker.
So, now as you may have a look on the Top 10 full-service brokers in India, it is important to note that each one of them will have its pros and cons. There will be some unique and distinguish feature in each of them. An investor should analyze and finalize which one suits it needs and has exclusive features.
If as an investor you are looking for a long-term investments opportunities, then you may choose any one full-service broker from the above and start investing. These brokers will provide you with robust customer service infrastructure. Research and opt for the broker who may help you achieve the highest profitability in your investments.
Best Full Service Broker FAQs
Answer – A full service broker, also known as a traditional broker are one of the many brokers that provide a lot of services to their clients regarding any kind of investment. They generally have a huge list of financial products to provide, and the key aspect is research and advisory, which is not provided with any of the discount brokers.
Answer – The top 10 best full service brokers in the stock market are Kotak Securities, ICICI direct, Edelweiss, Angel Broking, ShareKhan, IIFL, Motilal Oswal, HDFC securities, Anand Rathi and last but not the least, Karvy. The list is obtained based on thorough analysis and research.
Answer – Best research, stock advisory and tips are all extremely important and are supposed to be kept in mind while choosing the perfect stock brokerage house for one’s own good. Some of the best ones are: IIFL, Motilal Oswal, ICICI Direct, Anand Rathi and Zerodha.
Answer – IIFL has more than 30,00,00 customers, its demat account is decent for investors all over who need proper guidance and support when it comes to making investment decisions in the long run and what is an added benefit is that the brokerage fee is really less in matters of trading and value investing.
Answer – Yes, most of the stock broking houses provide education to help beginners get started with trading. research and advisory, traditional stocks brokers also provide stock market education to the masses. Also, when you get started with any online trading platform, the platform will first give you a demo on its usage. This is more than enough to take you through the new experience you are about to witness.
Answer – Full service brokers make sure that you are always offered absolute customised support when it comes to facilitating trade, managing your portfolios planning anything regarding your investment as such or wealth management ideas for customers.
Answer – The immense stock broking experience, offerings when it comes to products and services, extremely less brokerage charge and research and stock tips, make Angel Broking the best full service broker of all time.
Answer – Motilal Oswal has an immense network that has been spread out to over 500 cities and towns in India and it comprises more or less 2000 locations of business operated by the company solely. It includes foreign investors mutual funds as well as corporate clients and all of this makes Motilal Oswal the best full service broker.
Answer – Share Khan provide services through its online trading platform which goes by the name sharekhan.com and more or less 1700 offices that has different branches and franchises in more than 500 city is all over India. The company has seen tremendous growth over the last decade and are pretty successful in its chain of firms located in every part of this country.
Answer – You might want to start this task by first asking and taking suggestions from all your peers, or basically, do your research on the Internet, read some broker reviews and ratings and ultimately come to a decision as to what you think could be the best full service broker out there in the market. We have all the information you need, to choose the best broker.
List of all Full-Service Brokers in India –
Angel Broking , Motilal Oswal , Kotak Securities , HDFC Securities , Sharekhan , India Infoline / IIFL , ICICI Direct , Edelweiss , Karvy , SBI Cap Securities , Geogit BNP Paribas , Anand Rathi , Religare Securities , Indiabulls Ventures , Just Trade , Ventura Securities , Aditya Birla Money , Axis Direct , SMC Global , GEPL Capital , IDBI Direct , GCL Securities , Arihant Capital , Mangal Keshav , MasterTrust , Networth Direct , Reliance Securities , Sushil Finance , LSE Securities