Top 5 Stock Broker Agency In India, Biggest Stock Broker Agency,

Top 5 Stock Broker Agency In India

What is stock broker agency?

Stock broker agency is a stock exchange broker, stock buy sell cannot done directly stock exchange, Stock broker agency is provides intermediary services in various areas, e.g., investing in stock, ETF, A broker is an intermediary who connects a seller and a buyer to facilitate a transaction. Individuals or legal entities can act as brokers.

Services provided by the Stock Broker in India?

• They give you advice on buying and selling the stocks and also take care of the securities. They can instruct the client on which share to buy or sell. They do thorough research for the same and then provide recommendations.
• They handle the associated paperwork and also the buying and selling of the stocks. They keep a record of the transaction and statements.
• Stockbrokers are responsible for maintaining clients’ investment portfolios and give regular updates about their portfolios. Hold the responsibility for answering investment-based questions.
• They hold the responsibility to inform the client about new investment opportunities in the stock market
• Also, they make strategies for the client to make changes in investment strategies that depend on the market conditions.

Top AMC in India 2022, Top Mutual Fund Company in India

Types of Stock Broker Agency in India

Two types of stock broker agency in india.

1. Full-service stock brokers– Full service stock broker agency provide full service of investing, like buy or sell tips, offline support, online support, regular provide investing tips, trade on call, etc many more service provide by full service stock broker agency, This type of stock broker agency charge on brokerage very high.

2. Discount stock brokers– Discount stock broker agency provide online service and support, this type stock broker agency is charge very low on brokerage, and this time most of people use discount broker agency service.

Here is the list of the best stock brokers in India:

1. Zerodha:- Click to open Zerodha account and get excited rewards
2. Upstox:- Click here to open Upstox demat account with reward.
3. Angel Broking:- Click here to get Free Agnel One account For Android Click here
4. Groww:- Click here open free groww ac
5. 5paisa:- Click here open Free Account

1. Zerodha – Best Stock Broker in India

Zerodha is India’s number 1 best stock broker in India. It is one of the largest and most popular brokers that are offering services online with the flat fee discount brokerage. The services that you can invest in are Equity, Currency, Commodity, IPO, and Mutual Funds.

Click here to open Zerodha demat & trading account

2. Upstox – Top Stock Broker in India

Upstox is one of the first low-cost broking firms and the best stock broker in India. The company is tops the list of Best Online Share Brokers in India. They provide trading at some jaw-dropping prices. The services provided by them cover the segment like equities, commodities, currency, futures, and options. All the services are provided via two platforms Upstox Pro Web and Upstox Pro Mobile trading platforms.

Click here to open Upstox demat account

3. Angel Broking

The company was started in 1987. It has over 110 branches and 11,000 sub-broker offices in 1800+ cities in India. In the year 2019, the company started its Brokegae plan to compete with a leading broker like Zerodha.

Angel Broking currently offers a flat rate brokerage plan ‘Angel iTrade PRIME’. This provides the access to trade in all segments (Intraday, F&O, Currencies & Commodities) at a fixed Rs 20 per trade except Equity Delivery, for Equity Delivery there are zero charges. Angel is titled the first large-size full-service broker. They offer discount brokerage rates to their customers. It is best for beginners so the platform is also considered the best stock broker for beginners in India.

Click here to open free demat account on Angle One.

4. Groww

Groww is a Bangalore-based broker that offers online flat fee discounts on brokerage services. It helps to Invest in Equity, IPO, and Direct Mutual Funds. Also, it is the brand n,e for the company Nextbillion Technology Private Limited. It is a SEBI registered stockbroker and also a member of NSE and BSE.

The company was established in 2016. They started with the Mutual fund investment platform. But in the middle of 2020, they expanded their services and included Equity trading. They also offer services in Digital gold, US Stocks, and Fixed deposits as other investment options for its customers. The platform is easy to understand for the beginner which makes it the best stock broker for beginners in India.

Click here to open free demat account on Groww.

5. 5paisa

5paisa.com is another leading example of a Best Stock Broker in India offering discount brokerage services to retail investors in India. The company is managed and promoted by IIFL founders. Currently, they have over 1.2 million clients.

They provide services in equity, commodity, and currency at BSE, NSE, and MCX. It is one of the flat-rate best discount broker in India. The company is one of the leading platforms as the best stock broker for beginners in India. They charge a flat Rs 20 brokerage irrespective of the size of the trade, segment, or exchange.

Click here to open free account on 5 paisa.