Top Full-Service Broker in India in 2024

Created on 21 Apr 2023

Wraps up in 6 Min

Read by 13.7k people

Updated on 06 Feb 2024

Investing in the Indian stock market can be a great way to grow your wealth over time, but it can be quite challenging and intimidating for beginners to navigate. Fortunately, full-service brokers can be a valuable resource in helping you make informed investment decisions. These brokers offer a wide range of services, including personalised investment advice, research reports, and access to a variety of investment products. 

In this comprehensive guide, we'll take a closer look at the top full-service brokers in India and the specific services and features they offer. From brokerage fees and account minimums to investment tools and research resources, we'll cover everything you need to know to help you choose the right broker for your specific investment needs and goals. 

Whether you're a seasoned investor with years of experience or just starting out on your investment journey, this guide will provide you with the information and insights you need to confidently navigate the Indian stock market and maximise your investment returns.

Top Full-Service Brokers in India in 2024

1. Angel One

Angel One is a leading stockbroking firm in India that offers a wide range of investment products and services. The company is known for its zero brokerage policy for trades executed in cash delivery, and it also offers competitive rates for other trading segments. Angel One has a strong track record of customer service and is committed to providing its clients with the best possible experience.

Key highlights of Angel One:

2ICICI Direct

ICICI Direct is one of the most popular full-service brokers in India. It was established in the year 2000 and has since then been providing its customers with various financial products and services. The company offers services such as wealth management, investment advisory services, portfolio management, etc.

The advantages of using ICICI Direct include:

3. HDFC Securities

HDFC Securities is one of the leading full-service brokerage firms in India. The company was founded in 1996 and has since grown to become one of the most trusted names in the industry.

The services offered by HDFC Securities include:

The advantages of using HDFC Securities are:

4. Kotak Securities

Kotak Securities is a full-service broker that offers trading services in equities, derivatives and commodities. The company also provides research services to institutional clients. Kotak Securities was founded in 1994 by Uday Kotak and has offices across India as well as overseas markets such as Singapore and Dubai.

The company offers a wide range of products, including equity shares, index futures contracts, options contracts (puts & calls), currency futures contracts and commodity futures contracts through its online trading platform called KOTAK Direct Plus+. This enables investors to trade online with ease while enjoying the benefits associated with being part of one of India's largest financial institutions - Kotak Mahindra Bank Limited (KMB).

The advantages of Kotak Securities are:

5. Motilal Oswal

Motilal Oswal is a full-service brokerage firm that offers services in equity, debt and currency markets. The company was founded in 1993 by Motilal Oswal, and it has more than 2200 employees working across its offices in India and abroad.

The advantages of Motilal Oswal are:

6. Sharekhan

Sharekhan is a full-service broker that offers trading services in equities, derivatives, mutual funds and commodities. The company was established in 1999 as a subsidiary of the National Stock Exchange (NSE). Sharekhan has offices in Mumbai, Kolkata and Delhi, with over 300 employees who work closely with their clients to provide them with personalised service.

The services offered by Sharekhan include:

The advantages of Sharekhan are:

7. Axis Direct

Axis Direct is one of the leading full-service brokers in India. It offers a wide range of financial services, including insurance and investments. The company has been around since 1988 and has more than 1,200 employees working across its branches in India and abroad.

Axis Direct provides its customers access to a wide range of products from different companies through a single platform. This means that you can find everything you need in one place without having to go through multiple websites or applications for each product or service that interests you.

The advantages of Axis Direct are:


With a plethora of full-service brokers vying for your attention, choosing the right one can be an overwhelming task. But fear not, for you are not alone in this endeavour. Select by Finology is here to guide you through the maze of options and help you make an informed decision. It is a comprehensive platform that empowers you to compare various stock brokers based on a range of crucial factors, including brokerage charges, trading platforms, research reports, and customer support. Visit today!