India’s Top 10 Stock Brokers – Compare Top Stock Brokers of 2017

Over a period of time, we have seen a pattern and after analyzing hundreds and thousands of data points, during this period we have observed that there are only 5 traits that any client should look for when choosing a suitable stock brokerage company. We have created a rating and points system for all of these brokers that covers these top 5 factors. Let’s take a look at these five factors before finalizing a brokerage firm:

Research, advice and review of stock advice

Every client’s dream is to find a brokerage house with the best research and advisory team that can predict the performance of all stocks perfectly. It’s quite impossible to find someone like that, as all brokerage houses sell themselves as the best research firm, but only a few offer 40-50% accuracy in their stock advice.

Review of brokerage fees and margin fees

Once again, an extremely important trait. Many clients opt for this segment of brokers as they do not want to give a large volume of money as brokerage to the third party company. Too many brokerage concerns have led to discount brokers and they are extremely helpful to the trading community as they previously had to pay a lot of money as brokerage, but now it has been reduced to 1/5 of the amount.

Review of products and services

These two characteristics of any brokerage firm play a fundamental role in driving business. All of the major full service brokers provide many products and services to their clients that help them manage their investments. All discount brokers provide most of the products available in this industry, but they do not provide any services and that is why they charge a very low brokerage to their clients.

Review of the trading platform

Another very important product to look for when choosing a stock broker is the trading platform. Choosing a good trading platform is very helpful; A poor trading platform can lead to huge lost opportunities due to errors or slow ordering speed or lack of efficiency. Also, it is very important to understand that the stockbroker must provide trading tools that work with all devices. Another important feature that must be present in trading platforms are analysis tools, charts, real-time data transmission, speed, action recommendations, watchlist, etc.

Experience review

Every stock investor should bear in mind that the brokerage house he chooses must have very good experience in the stock market. This is one of the most critical factors, as it gives the investor a lot of confidence if their money is going to the right hands. An experienced stockbroker will be able to predict the market well and will also have strong risk management skills. An experienced brokerage firm will always be worth taking risks as they have seen all the ups and downs and know how to deal with all kinds of market related issues.

Now we can conclude with the top 10 stockbrokers in India

List of Top 10 Stock Brokers in India:

1. Kotak Values

2. Direct ICICI

3. Zerodha

4. Edelweiss

5. Angel Broking

6. India Infoline

7. Sharekhan

8. Motilal Oswal

9. HDFC values

10. Karvy