Investors who are looking for a physical stock broker can easily search stock broker near me and find the broker that is available in your area. However, users who are looking for the best online stock broker platform can find tons of broker platforms online and use them to manage and trade their stocks from anywhere in India.
List of Best Stock Brokers in India
Here’s a list of the 20 best brokers for trading based on their active clients, as mentioned in the March 2025:
| Sr. No. | Broker Name | Type | Active Clients | Demat A/c |
| 1 | Groww | Discount | 1,30,11,867 | Open Account |
| 2 | Zerodha | Discount | 79,57,128 | Open Account |
| 3 | Angel One | Full Service | 76,49,188 | Open Account |
| 4 | Upstox | Discount | 27,89,896 | Open Account |
| 5 | ICICIdirect | Full Service | 19,38,192 | Open Account |
| 6 | Kotak Securities | Full Service | 14,91,998 | Open Account |
| 7 | HDFC Securities | Full Service | 14,88,982 | Open Account |
| 8 | Motilal Oswal | Full Service | 10,19,877 | Open Account |
| 9 | SBI Securities | – | 9,82,704 | Open Account |
| 10 | Dhan | Discount | 9,67,410 | Open Account |
| 11 | INDmoney | – | 8,28,966 | Open Account |
| 12 | Mirae Asset Sharekhan | – | 6,74,378 | Open Account |
| 13 | Paytm Money | Discount | 6,62,797 | Open Account |
| 14 | m.Stock | Discount | 5,60,995 | Open Account |
| 15 | IIFL Securities | Full Service | 4,49,886 | Open Account |
| 16 | 5paisa | Discount | 4,38,280 | Open Account |
| 17 | AxisDirect | Full Service | 4,23,767 | Open Account |
| 18 | Share.Market | – | 3,49,993 | Open Account |
| 19 | Geojit | – | 2,48,888 | Open Account |
| 20 | – | – | – | – |
What is a Stock Broker Platform?
A Stock Broker platform is an online platform that enables investors to buy stocks and invest in mutual funds, ETFs, SIPs, and many more. These stock broker platforms make it easy for investors to track their financial results, manage their portfolios, as well offer investment advice. Even though all these stock platforms do not charge for the first year of using the platforms, after a year, most of these platforms begin charging fees after that period. Even at the time of selling shares, investors are also charged with applicable GST or tax.
In this article, I will be providing you with a list of the best online sahre brokers in India 2025. With the increasing number of clients in 2025, Groww is one of the best stock brokers in India. Followed by Zerodha, Angel One, Upstox, and ICICIdirect.
Here is the list of the top investment brokers in India with active users of more than 1 lakh. Without waiting any more time, let’s check out the best online stock broker in India. We will also provide you with how many active users each broker has currently.
These investment brokers help investors buy and sell the shares of the company. All the Stock brokers are officially registered with the stock exchanges like BSE and NSE. There are tons of registered stock brokers’ platforms in India that provide services related to trading and the stock market. Many of the leading Stock brokers in India are involved in providing mainly 2 types of services, including Full-service brokers and Discount brokers:
- Full-service brokers: These brokers help with the investment, analyze market sentiment, and portfolio management, and provide financial advice.
- Discount brokers: Discount brokers are the type of stockbrokers who follow the buy and sell the stock of the investors but with reduced commission fees.
ICICI Direct, Sharekhan, HDFC Securities, Sharekhan, Angel One, and Axis Bank are some of the best-known full-service stock broker platforms. Whereas Zerodha, 5paisa, and Upstox come in the top-rated broker category.
