fbpx

Which is the best broker in India?

Which is the best broker in India?
Which is the best broker in India?
Which is the best broker in India?

Best stock broker in india:  In this post i have shared a Review of Which is the best broker in India? for your guidance before opening demat account with subbroker.

All stock brokers execute buying and selling order for their customers but stock broker have their own rules and regulation, because some broker charge high and some broker charge less. 

In this post i have done review of best stock broker in India on the basis of stock broker performance, customer reviews and rating. 

Which is the best broker in India?
Which is the best broker in India?

Top 10 Best Stock Broker in India :

S.NOBest Broker ListBroker Rating by customerOpen Demat Account Now
1.Zerodha9.7/10
2.Angel One9.5/10
3.Upstox9/10
4.Motilal Oswal8.95/10
5.Share khan8.75/10
6.Groww8.50/10
7.Icici Direct8.25/10
8.Dhan8.20/10
9.Samco securities8.10/10
10.Choice Broking8/10

 

Table of content :

  • Who is subbroker ?
  • Benefits of subbroker ?
  • How to choose subbroker ?
  • Types of broker ?
  • Online broker list and offline broker list ?

Who is Sub broker ?

Sub broker is a broker who act as middle man between broker and customers. Sub broker are not registered in stock exchange but they help customers for trading and investment in small commission basis.

Sub broker help stock broker to expand their business. Sub broker receive small commission brokerage from stock broker.

Benefits of subbroker :

  • Sub broker receive good commission on the transaction
  • Receive High incentive for account opening (Per Reffer)
  • No High Investment
  • Work as a financial advisor and increase knowledge in stock market. This will help you to earn good money from stock market.
  • Sub broker can sell mutual funds also. They earn good commission by selling mutual funds.

How to choose Sub broker :

As per our research and analysis all stock broker are good in their area but you need to check the sub broker services and reputation in the market. All sub broker provide different different services to the customers.

  • First check customer reviews and rating in website and also check reviews in Apps.
  • Check stock broker Brand Value and experience
  • Check broker charges and commission rates. Many brokers they have hidden charges before finalizing any broker read term and conditions carefully.
  • Check support services through phone call, email and chat support. Check all of them
  • Check product and services they are offering to the customers.

Types of  broker :

There are two types of broker are present in the market. Both are different in their services, brokerage and AMC charges. 

  1. Full service Broker :  Full service brokers have online presence and several physical office in all over India. you can interact directly with the full service broker team.  Full service broker provide research services and portfolio management services. 
  2. Discount Broker : They have only online presence in the market and no physical offices in all over India, they have office only in some places.  If you have any query you can contact them through phone call, email and chat. Discount broker do not provide recommendation services to the customers.

Online broker list and offline broker list

Below i have created list of Online broker and offline broker list which will help you to decide which broker you can choose for your demat.

S.NoBroker NameOnline stock BrokerOffline stock Broker
1.ZerodhayesNo
2.Angel Oneyesyes
3.UpstoxyesNo
4.Share Khanyesyes
5.Motilal Oswalyesyes
6.PaytmyesNo
7.ICICI SecuritiesYesYes
8.HDFC SecuritiesYESyes
9.ALice BlueYESNo
Best share Market Courses
Best share Market Courses

ALSO READ MORE :

In this post i have discussed about Which is the best broker in India? to open demat account for trading and investment.  I hope this post will help you to understand about stock brokers. In India 100 + new stock broker are present but here i have selected only top 10 stock brokers to open demat and trading account.  

FAQ’s :

Leave a Reply

Your email address will not be published. Required fields are marked *