Tuesday 31 July 2012

Stock Market Broker Comparison in India



Some of the popular stock brokers in India Financial Market are:
  • The below table shows the difference between top online stock broker companies in India and comparison table of Brokerage Charges in India. 
  • It provides comparison of top stock brokers in India including ICICI Direct, Sharekhan, Indiabulls, 5Paisa, Motilal Oswal, HDFC Securities, Angel Trade, Reliance Money, IDBI PaisaBuilder, Religare, Geojit, Networth, Kotak Securities, HSBC, Zerodha, Compositedge, SBI Capital, Ventura, Stock Brokers, R K Global and Just Trade.
  • Each broker offers multiple products (account types) based on the volume of trade, frequency of trade, trading platform ect. Note that the fees, charges and brokerage may differ for these products. Please contact the brokerage house for further detail.
  • 1* Brokerage Account AMC when you choose receiving account statements through email. This is generally most economical.


  • Stock Broker FeesShare Brokerage ChargesShare Broker FeaturesStock Broker Ratings (Average User Rating)Investment Option Available
    Broker NameAccount TypeAccount Opening ChargeBrokerage Account AMC 1*Demat Account AMCCash DeliveryCash IntradayMargin TradingFuture TradingOptionsMinimum BrokerageOnline PortfolioOnline DemoMobile Trading3 in 1 AccountFeesBrokerageUsabilityCustomer ServiceOverall#EquityDebtMutual FundsCommodityForex / Currency
    ICICIDirectI - Secure PlanRs 975Rs 0Rs 5000.55%0.275%0.05% - 0.03%0.05% - 0.03%Rs 95 - Rs 65Rs 25Rated 2.3 starsRated 1.9 starsRated 3.3 starsRated 2.9 starsRated 2.6 stars113
    SharekhanClassic AccountRs 750Rs 4000.50%0.10%0.10%Rs. 10010 paise per shareRated 3.1 starsRated 3.3 starsRated 3.7 starsRated 3.4 starsRated 3.4 stars70
    Indiabulls SecuritiesPower Indiabulls (PIB)Rs.750Rs 500Rated 3.7 starsRated 3.6 starsRated 3.9 starsRated 3.7 starsRated 3.7 stars21
    5PaisaRs 500Rs 2500.25%0.05%0.05%Rated 3.4 starsRated 3.4 starsRated 3.5 starsRated 3.2 starsRated 3.3 stars32
    Motilal OswalMargin 10,000Rs 0Rs 4410.50%0.10%0.10%Rs 100Rated 3.4 starsRated 3.1 starsRated 3.5 starsRated 3.5 starsRated 3.5 stars23
    HDFC SecuritiesOnline TradingRs 7990.50%0.10%0.05%0.05%Rs.100Rs 25Rated 2.2 starsRated 2.1 starsRated 2.5 starsRated 2.6 starsRated 2.2 stars35
    Reliance MoneyR-FIXEDRs 750Rs 0Rs 2000.40%0.04%0.04%Rs 705 paise per shareRated 3.1 starsRated 3.2 starsRated 3.1 starsRated 3.3 starsRated 3.2 stars28
    IDBI Paisa BuilderPaisa Power ClassicRs 3500.50% - 0.15%0.050% - 0.030%0.048% - 0.035%1% on the premium (min Rs. 100 per contract)Rated 2.8 starsRated 2.4 starsRated 2.6 starsRated 2.6 starsRated 2.7 stars17
    ReligareRated 2.9 starsRated 3.1 starsRated 3.0 starsRated 2.7 starsRated 2.8 stars27
    GeojitOnline TradingRs 800Rs 4000.30% - 0.10%0.03% - 0.01%0.03% - 0.01%Rs 75Rated 3.8 starsRated 3.7 starsRated 4.0 starsRated 4.2 starsRated 4.1 stars38
    Kotak SecuritiesKotak GatewayRs 750NILRs 6000.59% - 0.18%0.06% - 0.03%0.09% - 0.032%Rs 100Rated 3.6 starsRated 3.9 starsRated 3.8 starsRated 3.9 starsRated 3.8 stars20
    ZerodhaRs 600NILRs 400Rs 20Rs 20Rs 20Rs 20Rs 20NILRated 4.6 starsRated 4.7 starsRated 4.3 starsRated 4.2 starsRated 4.4 stars41
    SBICAP SecuritiesRs 500Rs 4000.50%0.15%0.05%Rs 50Rated 3.5 starsRated 3.2 starsRated 3.2 starsRated 3.3 starsRated 3.3 stars15
    Ventura3500NIL0.20%0.03%Rs 50Rated 3.8 starsRated 4.2 starsRated 3.7 starsRated 4.1 starsRated 4.2 stars33
    CompositedgeRs 500NILRs 300Rs 25Rs 25Rs 25Rs 25Rs 25NILRated 3.0 starsRated 4.0 starsRated 3.5 starsRated 2.5 starsRated 2.5 stars2