Unveiling the Top 10 Stock Broking Companies in India 2024: Rankings, Fees, Reviews, and Common Concerns:
The top 10 stock broking
companies in India in 2024 are as follows:
Zerodha:
Zerodha is the top stock broker in India with
over 7 million active clients
Upstox:
Upstox is a popular stock broker
with over 2 million active clients
Angel One:
Angel One has more than 5 million active
clients, making it one of the leading stock brokers in India
ICICIdirect:
ICICIdirect is a well-known full-service broker with over 1.8
million active clients
HDFC Securities:
HDFC Securities is another
prominent full-service broker with over 1 million active clients
Kotak Securities:
Kotak Securities has a significant presence in
the market with over 1 million active clients
Sharekhan:
Sharekhan is a popular full-service broker
with over 600,000 active clients
Motilal Oswal:
Motilal Oswal is a well-established full-service broker with over
800,000 active clients
SBI Securities:
SBI Securities, a subsidiary of
the State Bank of India, has over 750,000 active clients
AxisDirect:
AxisDirect is a full-service broker with more
than 300,000 active clients
These rankings are based on the number of active clients and the popularity of the stock broking companies in India in 2024.
Q. What are the fees and charges of the top stock broking companies in India
in 2024?
The fees and charges of the top stock broking companies in India in 2024 vary based on the services they offer.
Here is a summary of the fee
structure for some of the top stock broking companies:
Zerodha:
Zerodha is known for its discount
brokerage model, offering zero brokerage for equity delivery and a flat fee for
intraday and F&O trades.
Angel Broking:
Angel Broking has shifted from a
percentage-based brokerage to flat rates.
ICICIdirect:
ICICIdirect, a full-service broker, offers
different brokerage plans based on the trading preferences of the clients.
HDFC Securities:
HDFC Securities provides
various trading and investment services with different fee structures based on
the type of trade.
Kotak Securities:
Kotak Securities offers
diverse trading platforms and tailored investment solutions with varying
brokerage charges.
Upstox:
Upstox is known for its low-cost
brokerage services, with different fee structures for equity delivery and
intraday trades.
Sharekhan:
Sharekhan, a full-service broker,
offers different brokerage plans based on the trading preferences of the clients.
Motilal Oswal:
Motilal Oswal, a full-service
broker, provides different brokerage plans based on the trading preferences of
the clients.
SBI Securities:
SBI Securities offers different
brokerage plans based on the trading preferences of the clients.
AxisDirect:
AxisDirect provides different brokerage plans based on the trading preferences of the clients.
It's important to note that the fee structures may change over time, so it's advisable to directly check with the respective stock broking companies for the most current information.
Q. what are the customer reviews of the top stock broking companies in
india in 2024?
The customer reviews of the top stock broking companies in India in
2024 are as follows:
Zerodha:
Zerodha, the largest stock broker
in India, is known for its discount brokerage model and has received positive
reviews for its user-friendly platform and low costs.
Angel Broking:
Angel Broking, with its flat rate brokerage
plan, has garnered positive feedback for its trading facilities and presence in
over 1800+ cities in India.
ICICIdirect:
ICICIdirect, a full-service
broker, has a large customer base and offers a range of services, receiving
mixed reviews based on its brokerage charges and customer support.
HDFC Securities:
HDFC Securities has been praised for its services, easy-to-use
interface, and prompt customer support.
Kotak Securities:
Kotak Securities is appreciated for its
diverse trading platforms, research tools, and tailored investment solutions,
catering to a diverse clientele.
Upstox:
Upstox, known for its low-cost
brokerage services, has received positive feedback for its user-friendly
approach and competitive pricing.
Sharekhan:
Sharekhan, a full-service broker,
has a diverse clientele and is known for its personalized service approach and
extensive research and advisory services.
Motilal Oswal:
Motilal Oswal, a full-service
broker, provides different brokerage plans and has been positively reviewed for
its research and advisory services.
SBI Securities:
SBI Securities offers different
brokerage plans and has received mixed reviews based on its services and
charges.
AxisDirect:
AxisDirect provides different brokerage plans
and has been reviewed based on its trading preferences and customer support.
These reviews are based on the services, user experience, and customer feedback for the top stock broking companies in India in 2024.
what are the most common complaints in customer reviews of the top
stock broking companies in india in 2024.
The most common complaints in
customer reviews of the top stock broking companies in India in 2024 are
related to the following aspects:
Customer Service:
Some customers have expressed
dissatisfaction with the customer service provided by certain stock broking
companies, citing issues such as delayed responses and lack of support.
Brokerage Charges:
Complaints about high
brokerage charges and fees have been raised by some users, particularly in
comparison to the services provided.
Platform Performance:
There have been complaints about the
performance and reliability of trading platforms offered by certain stock
broking companies, including issues such as lags and technical glitches.
Account Maintenance:
A few customers have raised
concerns about account maintenance charges and related fees, expressing a
desire for more transparent and competitive pricing.
It's important to note that these complaints may vary based on individual experiences and specific interactions with the stock broking companies.
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