Top Share Broking Companies in India
We all know saving and investing money is important. Everyone around talks about making your money grow. But we understand, it is not as easy as it may seem. After all, it is your hard earned money involved. There are a plethora of share broking companies in India which makes it all the more challenging to pick out the one that suits ones needs.
If you have been contemplating on investing but not sure who to trust with your precious savings then you are at the right place. Here is a brief read on the best share broking companies in India.
Amongst the many share broking companies India has, there are some that you can completely trust in helping your money grow. Let’s have a look at them:
One of the largest share broking company in India, ICICI Direct has an established reputation in the industry. They have extensive range of investments to offer to both institutional and retail customers. The bank has excellent bank equity because of its banking services and thus making it trustworthy. Their services are available all across the country. They have a huge customer base of 3 million clients. Their high quality offerings include customer services, advisory services, trading, and many more to suit their client’s demands.
Amongst the many investments, this share broking company lets its clients invest in Equity, Mutual Funds and Derivatives. They also offer a multiple other investment services such as Fixed Deposits, Pension Schemes, Insurance and loans. They have 3-in-1 accounts that simplify using banking services for customers. With the customer savings, trading and demat accounts just a click away, ICICI is definitely one of the most sought after option when it comes to best share broking companies.
Amongst share broking companies India has, Kotak is the 5th largest broker. They have more than 350 offices in the country and even enjoy an international presence in countries like, New York, London, and Singapore. The wide range of investment services they offer include, share trading, IPO, portfolio management, depository Services, mutual funds and much more. The company also has a dedicated research division which is involved in studying macro-economic indicators, equity research, industries and sectors. The regularly published stock market analysis helps clients invest wisely.
Apart from these market analysis reports, they also offer detailed daily alerts and research report customised according to client needs. They also have Kotak Securities Academy that is a free platform to learn all about investment, starting from equities to financial planning. They offer margin against securities wherein clients can use their demat account shares.
A diversified service firm, Motilal Oswal Securities is a subsidiary of Motilal Oswal Financial service. They have a bouquet of services that include, Wealth Management, Investment Banking, Private Equity and much more. Like the others on this list of share broking companies in India, Motilal Oswal offers well researched reports about different industries and sectors to its clients. The company has close to 2000 offices in about 500 countries. They have a large client base of 8.5 lakh customers.
A Depository Participant of NSDL and CDSL, the company offers various stock exchanges for clients to trade, such as, BSE, NSE, MSEI etc. To avail the 3 in 1 services clients need to open an online trading and demat account and a bank account, with HDFC or ICICI bank. They also offer customer centric risk management system to their clients.
Karvy, is one of the top share broking India has. Karvy Stock Broking Limited (KSBL) is a part of the Karvy Group that offers investments products and services to both individual clients and institutions. They have almost 575 branches and franchises spread over 375 cities in India, and in New York and Dubai. Apart from online trading services, they also offer on call trading and SMS services as well. They offer depository services through NSDL and CDSL.
Apart from stock broking services, Karvy also offers depository participant, commodities broking, NBFC, and wealth management. They also offer financial products such as, mutual funds, fixed deposits and bonds. They also have a Financial Academy that offers knowledge on stock marketing and investment. They have special services for NRI’s who are interested in investing in the Indian Market. They have an effective risk management system in place, making clients money safe at the same time helping it grow.
The list of best Share broking companies in India is incomplete without mention of Samco Securities. Samruddhi Stock Brokers Limited offers trading across all popular stocks exchanges, such as BSE, NSE and MCX. They offer a wide range of services like shares, debentures, bonds and commodity. They are the first company to have Stock Rating Tools in India. They run thorough market analysis of companies.
Upstox is technology first low cost brokerage firm. Backed up by big names in the industry like Mr. Ratan Tata, GVK Davix and Kalaari Group their trading platform was built by engineers from the company. What makes it one of the best Share broking companies in India, is that it offers elaborate charting tools on both web and mobile platforms for traders and investors. Like others on the list they have a Trade Academy to train enthusiasts on stock markets.
Last but not the least on the list of best Share broking companies in India is Wisdom Capital. They have three software, (NOW, NEST and ODIN) that make trading a hassle-free experience for traders. Apart from the depository services for a great trading experience they offer semi and fully automated algorithm trading facility. They are known for their excellent personalised broker-trader equation.
These were some of the top share broking companies India has. Investment to make your money grow is a big step for most of us. Thus, it is important to only trust your money with the best in the industry. It is recommended to thoroughly research before investing and availing services of a broking company. Investment has become a necessity, thus sooner you start, higher the gains!