Choosing the right stockbroker is very important if you want to start trading or investing in the Indian stock market. In 2025, there are over 4,800 SEBI-registered brokers in India, but only a few have a large number of active clients and are trusted by many people.
According to the latest data, UPSTOX is the most popular stock broker in India with loved and trusted by 1.3+ Cr Indians, followed by Zerodha, Groww, Angel One, ICICI Direct, HDFC Securities, and Kotak Securities.
These brokers are popular because they offer easy-to-use apps, low fees, and good customer support, making them a great choice for beginners and experienced investors alike.
 | Best for Overall Experience Most Popular - Upstox
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To make your decision easier, we have created a special list of the Top 30 Share Brokers in India for 2025. All these brokers have more than 1 lakh (100,000) active clients. The list includes both discount brokers like Groww, Zerodha, Angel One, and Upstox, who offer low-cost trading, and full-service brokers like ICICI Securities, HDFC Securities, and Kotak Securities, who provide extra services like research and advice.
No matter what your needs are, you can find a broker from this list that fits you perfectly. If you need help comparing these brokers or want to know which one is best for you, just ask!
List of Top 30 Stock Brokers In India 2025
| Rank | Broker | Active Clients | Reviews |
|---|---|---|---|
| 1 | Groww | 9538609 | Full Details |
| 2 | Zerodha | 7287148 | Full Details |
| 3 | Angel One | 6111879 | Full Details |
| 4 | Upstox | 2516647 | Full Details |
| 5 | ICICI Direct | 1845202 | Full Details |
| 6 | KOTAK Securities | 1208948 | Full Details |
| 7 | HDFC Securities | 1097747 | Full Details |
| 8 | Motilal Oswal | 879629 | Full Details |
| 9 | SBICAP Securities | 863824 | Full Details |
| 10 | Paytm Money | 802146 | Full Details |
| 11 | Mirae Asset Sharekhan | 664853 | Full Details |
| 12 | 5paisa | 549047 | Full Details |
| 13 | Dhan | 469961 | Full Details |
| 14 | IIFL Securities | 439137 | Full Details |
| 15 | AXIS Securities | 363904 | Full Details |
| 16 | Mirae Asset Capital (mStock) | 352937 | Full Details |
| 17 | IND Money | 343505 | Full Details |
| 18 | GEOJIT | 243714 | Full Details |
| 19 | FYERS | 222798 | Full Details |
| 20 | CHOICE broking | 193545 | Full Details |
| 21 | SMC Global | 178712 | Full Details |
| 22 | NUVAMA Wealth | 173589 | Full Details |
| 23 | Alice Blue | 163442 | Full Details |
| 24 | Religare | 143983 | Full Details |
| 25 | Nirmal Bang | 141246 | Full Details |
| 26 | Marwari Shares | 127449 | Full Details |
| 27 | Anand Rathi | 125264 | Full Details |
| 28 | Ventura | 113775 | Full Details |
| 29 | Finvasia | 113306 | Full Details |
| 30 | JAINAM Broking | 101577 | Full Details |
FAQs:
Which is the No.1 stockbroker in India right now?
Groww leads by active clients, followed by Zerodha, Angel One, and Upstox.
What are the top 5 stockbrokers in India right now?
Based on popularity and trust, the top 5 stockbrokers in India currently are Groww, Zerodha, Angel One, Upstox, and ICICI Securities. These firms are known for solid platforms, good customer service, and investor-friendly pricing.
Which broker is best for beginners in India?
If you’re just starting, platforms like Groww, Upstox, and Dhan are perfect. Their clean interfaces and easy onboarding make them ideal for first-time investors.
Is it safe to invest with discount brokers like Upstox or Zerodha?
Yes, absolutely. SEBI regulates all brokers in India. As long as you’re investing through a SEBI-registered broker, your money and stocks are safe.
Which broker gives zero commission on investments?
Upstox is among the few that provide zero commission on mutual funds and IPO investments, which makes it a solid pick for long-term investors.
Can I open multiple demat accounts with different brokers?
Yes, you’re allowed to have more than one demat account. Many traders prefer it to try different platforms or manage separate portfolios.
Who is the best stockbroker in India?
Choosing the “best” depends on your trading goals, but in general, Upstox, Angel One, and Zerodha are considered the best stockbrokers in India today based on user experience, features, and overall value.
Which is the most reliable trading platform in India?
Upstox Pro and Angel One app are among the most reliable platforms for trading. Both offer powerful analytics tools, real-time updates, and an easy-to-use dashboard suited for both beginners and experienced.
What’s the difference between full-service and discount brokers?
Full-service brokers like ICICI Direct and Motilal Oswal offer in-depth research and advisory. Discount brokers like Zerodha and Upstox keep it simple with lower charges and DIY investing.
Which broker offers the best mobile trading app?
In terms of performance and design, Upstox, Dhan, and Angel One offer the top-rated mobile apps in the Indian market.
Are there any hidden fees I should know about while choosing a broker?
Most brokers today are upfront about their pricing. Just watch out for annual maintenance charges (AMC), inactivity fees, or platform charges on certain features.
Are online stock brokers in India safe to use?
Yes, most top online stock brokers like Upstox, mStock, Angel One, and Zerodha follow SEBI regulations and use secure systems to protect your funds and data. Just make sure to pick a SEBI-registered broker.
What are the charges for intraday and delivery trading?
It varies from broker to broker. For example, Zerodha charges ₹0 for delivery and ₹20 for intraday trades. Always check their official fee sheet for exact numbers.
Which broker is best for F&O trading in India?
If you’re into F&O trading, platforms like Upstox, Zerodha, and Angel One stand out for their stable execution, fast charts, and flat pricing per order.
Can I transfer shares to someone else with help from my broker?
Who provides the best stock market advice in India?
If you’re looking for quality research and stock tips, Angel One and ICICI Direct are great choices. Both offer expert insights, research reports, and personalized advice that can really help in making smart trading decisions.
How do I open a trading account with a stockbroker?
Most top brokers, including Upstox, offer fully online account opening with eKYC.
Can I invest in mutual funds through my stockbroker?
Yes, most top brokers allow mutual fund investments from the same account.
What are the charges for trading in India?
Charges include brokerage, GST, STT, exchange fees, and DP charges. Upstox keeps these transparent.
Is my money safe with these brokers?
Registered brokers are regulated by SEBI and exchanges like NSE/BSE.
Can I switch brokers easily?
Yes, you can transfer your holdings and open a new account with another broker at any time.
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