List of Top Brokers in India 2024

Best Share Brokers in India 2024

In 2024, the Indian stock market continues to grow, and investors have a plenty of options when it comes to choosing a stock broker. Whether you’re a seasoned trader or a beginner, finding the right broker is crucial for your investment journey. Let’s explore the top share brokers based on active clients and other relevant factors.


  • Active Clients: 9,185,024
  • Summary: Groww stands tall as the top share broker in India, boasting the highest number of active clients. Their user-friendly interface, educational resources, and seamless trading experience have made them a favorite among investors.


  • Active Clients: 7,223,525
  • Summary: Zerodha, a pioneer in discount brokerage, continues to be a strong contender. Their low-cost structure, innovative tools, and commitment to transparency have earned them a loyal following.


angel one
  • Active Clients: 5,983,067
  • Summary: Angel One, a fast-growing discount broker, offers competitive pricing and a wide range of investment products. Their customer-centric approach has contributed to their popularity.


  • Active Clients: 2,401,555
  • Summary: Upstox provides a robust trading platform and competitive brokerage rates. Their focus on technology and customer support has attracted a significant user base.


  • Active Clients: 1,869,925
  • Summary: ICICIdirect, a full-service broker, remains a trusted choice for investors seeking research and advisory services. Their extensive branch network and personalized assistance set them apart.

Other Notable Brokers

  • Kotak Securities
  • HDFC Securities
  • Motilal Oswal
  • SBI Securities
  • Paytm Money

Types of Brokers


These brokers offer a wide range of services, including stock trading, research, advisory, and local support. Examples include ICICI Direct, Sharekhan, HDFC Securities, Angel One, and Axis Bank.


These online brokers specialize in stock and commodity trading services. They do not provide add-ons like research, advisory, PMS, wealth management, or branch support. Examples include Zerodha, 5paisa, and Upstox.

How to choose the right broker?

Choosing the right broker is crucial for successful investing. But with so many options available, how do you know which one is right for you? Let’s understand what makes these top share brokers stand out and how you can make an informed decision.

What makes Groww the top share broker in India?

Groww has secured the top spot with over 9 million active clients. But what sets them apart from the competition?

  • User-Friendly Interface: Groww’s platform is intuitive and easy to navigate, making it suitable for beginners and experienced traders alike.
  • Educational Resources: They offer a wealth of educational resources, including articles, videos, and tutorials, to help investors make informed decisions.
  • Seamless Trading Experience: With Groww, investors can trade stocks, mutual funds, ETFs, and more seamlessly, thanks to their user-friendly interface and advanced trading tools.

ZERODHA: Pioneering Discount Brokerage

Zerodha has been a pioneer in discount brokerage, but what exactly makes them a top share broker?

  • Low-Cost Structure: Zerodha offers some of the lowest brokerage rates in the industry, making it an attractive option for cost-conscious investors.
  • Innovative Tools: They provide innovative tools and features, such as Kite, their advanced trading platform, and Coin, their mutual fund investment platform, to help investors make the most of their money.
  • Commitment to Transparency: Zerodha is known for its transparent pricing and policies, ensuring that investors always know what they’re paying for.

ANGEL ONE: Fast Growing Discount Broker

Angel One has quickly risen to prominence in the world of discount brokerage. Here’s why they’re worth considering:

  • Competitive Pricing: Angel One offers competitive brokerage rates and a range of value-added services, making them a popular choice among investors.
  • Wide Range of Investment Products: They provide access to a wide range of investment products, including stocks, mutual funds, commodities, and more, allowing investors to diversify their portfolios easily.
  • Customer-Centric Approach: Angel One prides itself on its customer-centric approach, offering personalized assistance and support to help investors achieve their financial goals.

UPSTOX: Technology At Its Best

Upstox is known for its robust trading platform and competitive brokerage rates. Here’s what sets them apart:

  • Technology-Focused: Upstox places a strong emphasis on technology, providing investors with a fast, reliable, and feature-rich trading platform.
  • Competitive Brokerage Rates: They offer competitive brokerage rates, making it an affordable option for investors of all levels.
  • Customer Support: Upstox provides excellent customer support, with dedicated representatives available to assist investors with any queries or concerns.

ICICIDIRECT: Trusted Full Service Broker

ICICIdirect remains a trusted choice for investors seeking research and advisory services. Here’s why they’re worth considering:

  • Extensive Branch Network: ICICIdirect boasts an extensive branch network, providing investors with access to personalized assistance and support.
  • Research and Advisory Services: They offer comprehensive research and advisory services, helping investors make informed decisions and navigate the complexities of the market.
  • Personalized Assistance: ICICIdirect prides itself on its personalized approach, with dedicated relationship managers available to assist investors with their investment needs.

CONCLUSION: Choose Wisely for Successful Investing

With so many options available, choosing the right broker can seem like a daunting task. However, by considering factors such as cost, services offered, and customer support, you can make an informed decision that aligns with your investment goals and preferences. Whether you opt for a full-service broker like ICICIdirect or a discount broker like Zerodha, remember to do your research and choose wisely for successful investing. Happy investing!

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