best full-service broker in India.

best full-service broker in India.

best full-service broker in India.

A full-service broker is a licensed financial broker or firm that provides a large range of financial services, these services included stock research, advice, tax tips, and retirement plans.
in exchange for these services a full-service broker demand high commission and brokerage, compared to discount brokers.
full-service brokers mainly focused on those individuals who have very little knowledge of the stock market or do not have time.
full-service brokers are not suitable for those individuals who have some knowledge of the stock market, discount brokers are well suitable for those individuals, they are cost-effective and more specified compared to full-service brokers.
in a full-service brokerage firm, a professional is assigned to their clients for managing their finance.
still, a full-service broker is very beneficial for those investors who like to manage their portfolio, security, and financial plans with professionals.

here are the best full-service brokers in India.

best full-service broker in India.

1. ICICI Direct

Active clients; 1,580,233.
ICICI Direct is one of the largest full-service brokers in India. It is part of the ICICI Group.
The services ICICI Direct offered are equity, commodity, and currency trading at NSE, BSE, and MCX. The company also provides services like Mutual Fund & Fixed deposits, IPO, Bond, NCD, wealth products, Home Loans and Loans against Securities, etc.
ICICI Direct’s most popular service plan is its 3-in-1 account, which includes ICICI Bank Account, ICICI Trading Account, and ICICI Demat Account.
ICICI offers two types of account
1. a 3-in-1 account is a combination of the bank, trading, and Demat accounts.
2. A 2-in-1 account consists of a trading and a Demat account.
icici offer 4 major brokerage plans i.e ICICI I-Secure Plan, Prime Plan, Prepaid Brokerage Plan, and Neo Plan.
icici provides Rs 0 Trading Account Opening Charges, and Rs 0 for Trading Annual maintenance charges and Demat Account Opening Charges, Rs 300 for Demat Account Annual Maintenance Charges AMC.
to know brokerage plans in more detail click here.

2. Angel Broking

Active clients; 1,564,667.
Angel Broking is one of the largest leading full-service brokers in India offering online discount brokerage services.
Angel Broking offers a wide range of investment and trading services including stock and commodity trading, investment advisory services, loans against shares, margin funding, and financial products distribution.
Angel broking has one simple trading plan ”Angel iTrade’ service plan.
This online service plan offers full-service brokerage services with very low brokerage charges which are competing with discount stock broker brokerages in India.
brokerage Rs 0 for Equity Delivery and Rs 20 for Equity Intraday.

3. HDFC Securities.

Active clients; 957,085.
HDFC Securities is an Equity Trading service provider Company of HDFC Bank.
HDFC Securities provide online trading and trading on the phone.
The HDFC Securities trading account has a 3-in-1 plan that integrates investors’ HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account.
Account Opening Fee is Rs 999 which Includes a trading account, bank account, and DP account with HDFC.
to know more detailed brokerage plans click here.

4. Kotak Securities.

Active clients; 743,206.
Kotak Securities is a subsidiary of well known Kotak Mahindra Bank.
Kotak securities also offer a 3-in-1 account which allows investors to open a Demat, trading with a bank account together with Kotak Mahindra Bank Limited.
one can open these 3 accounts with a single application form.
you also can trade in Equity, IPO, ETF, Mutual Fund, Tax-free bonds, Gold ETF, Currency Derivatives, etc.
Trading Account Opening Charges (One Time) is Rs 750,
Trading Annual maintenance charges (AMC) is Rs 0,
Demat Account Opening Charges (One Time) is Rs 0,
Demat Account Annual Maintenance Charges (AMC) is Rs 600 per annum.
To know more detailed brokerage plans click here.

5. Sharekhan.

Active clients; 679,333.
Sharekhan provides brokerage services with its own online trading website Sharekhan.com and also offline services with its 1800 plus offices which include branches & franchises in over 550 cities across India.
Sharekhan offers its services to all types of customers & investors including individual investors and traders, institutional, corporate, and NRI’s.
Sharekhan.com is the finest investment portal for the Indian stock market. The well-designed website provides a wide range of investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs, and much more.
Trading Account Opening Charges (One Time) is Rs 0 (Free)
Trading Annual maintenance charges (AMC) is Rs 0 (Free)
Demat Account Opening Charges (One Time) is Included in trading account opening charges
Demat Account Annual Maintenance Charges (AMC) is Rs 400 (Free for 1st year with a trading account.
To know more detailed brokerage plans click here.

6. Motilal Oswal.

Active clients; 564,034.
Motilal Oswal Securities Ltd. is a diversified financial service provider.
The company offers regular trading services in the Equity Market, Commodity market, Currency, and Derivatives.
It also provides other important financial services like Mutual Funds, IPOs, Gold, Insurance, etc.
Motilal Oswal provides 3 types of account
1. Default Account.
2. Value Pack.
3. Margin Pack.
Trading Account Opening charges is Rs 1000 (One Time),
Trading Annual Maintenance charges are (AMC) Rs 0,
Demat Account Opening charges is Rs 0,
Demat Account Annual Maintenance charges are (AMC) Rs 299.
To know more detailed brokerage plans click here.

7. AxisDirect.

Active clients; 454,882.
Axis Securities Ltd is a subsidiary of India’s leading private bank, Axis Bank. Axis Securities is a full-service broker offering regular stockbroking services and distribution of financial services and products to retail customers in India under its AxisDirect brand.
AxisDirect provides investment services in Equities, Mutual Fund, IPO, SIP, Derivatives, Bond, NCD, ETF, and Company Fixed Deposits. Axis Securities also offers a wide range of loans includes Home Loans, Auto Loans, Personal Loans, Loans against Property, Loans against Shares, and Loans for SME, Credit, and Prepaid Cards.
AxisDirect has a 3-in-1 account, which integrates Trading, Demat, and Bank account.
3-in-1 Account Opening Charges is Rs 999,
Demat Account Opening Charges is Rs 0,
Demat Account AMC charges are Rs 650 per year (free for 1st year).
To know more detailed brokerage plans click here.

8. SBI Securities.

Active clients; 329,099.
SBI Securities Ltd. is the full-service stockbroking arm of the State Bank of India Group and a 100% subsidiary of SBI Capital Markets Ltd.
the company provides the following services, Institution Equity, Derivatives, Retail Equity, Broking, Depository Services, etc. They also provide an online trading platform to investors & traders.
It also offers lending financial products like Home Loans, Car Loans, and Loan Against Securities (LAS).
SBI Securities also offer a 3-in-1 account to its customers linking all three accounts i.e. Bank Account, Demat Account, and Trading Account together.

9. IIFL Securities.

Active clients; 291,730.
establish in 1995, IIFL Securities is one of the largest leading full-service stockbrokers in India. IIFL Securities is a subsidiary of IIFL Group, a leading financial service provider offering a wide range of services.
IIFL Securities offers online trading and research-based advisory services for a wide range of financial products & services as Stocks, Derivatives, Commodities, Insurance, IPO and Bonds, FDs, Loans, etc.
IIFL offers one simple flat rate brokerage plan. This discount brokerage plan provides brokerage-free equity delivery trading. For other segments, it charges Rs 20 per executed order.
IIFL Account Opening Charges: Rs 0 (Free).
Demat Account Annual Maintenance Charges (AMC): Rs 250 (Free for the first year).
Equity Delivery Rs 0.
Equity Intraday Rs 20 per order.

10. Geojit.

Active clients; 201,206.
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stockbrokers based in India. Geojit is based in Kochi, Kerala, and has a strong presence in Gulf.
Geojit provides stock trading at India’s major stock exchanges through its strong network of around 500 branches and its user-friendly online trading portal.
Trading Annual maintenance charges (AMC) is Rs 0.
Demat Account Opening Charges (One Time) is Rs 100 (for Agreement Stamp Paper).
Demat Account Annual Maintenance Charges (AMC) is Rs 400
equity Market Brokerage
Delivery-based Trading is 0.30%
Intraday Trading: 0.03%.

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