Top Stockbrokers in India 2022, Top 20 Share Brokers in India

Rank	Top 20 Best Share Brokers	Active Clients	Equity Delivery Brokerage	A/c Op. Charges
1	Zerodha	6513036	Free	Rs.200 for Online and Rs 400 for Offline accounts Opening
2	Upstox (RKSV)	5596268	₹20/trade or 0.05% whichever is lower	₹150 + GST
3	Groww	4268383	₹20/trade or 0.05% whichever is lower	Free
4	Angel-One	3926697	Free	Free
5	ICICI Direct	3135167	0.55%	Free
6	5PAISA	1727458	Flat Rs.20 per executed order	Free
7	Kotak Securities	1290410	0.25% or Rs 20 whichever is higher	Free
8	HDFC SECURITIES	1156837	0.5%	₹999 + GST
9	IIFL	1139902	Flat Rs.20 per executed order	Rs.250 + GST
10	MOTILAL OSWAL	915264	0.5%	Free
11	SHAREKHAN	757371	0.5%	Free
12	SBI Securities	643626	0.5%	Rs.850
13	PAYTM MONEY	467814	Free	Rs.200
14	AXIS Direct	417958	0.5%	Rs.900
15	Market Wolf	299954	₹0 brokerage if loss \| 10% of the GP on profitable trade	Free
16	Choice Broking	268212	0.2%	Free
17	GEOJIT FINANCIAL	236567	0.3%	Rs.425
18	EDELWEISS	201574	Rs 10 per executed order	Free
19	RELIGARE BROKING	167249	0.50% to 0.10%	Rs. 500
20	SMC GLOBAL	162802	0.3%	Free