Top Ten Stock Broker India

Top Ten Stock Broker in India.

Before starting your journey towards the Stock Market, you should know and compare the top brokers. As a fresher, you may face some difficulties in case of choosing which one is the best.

So here we collected some data with overall ratings and listed the top ten brokers in India.

1)Zerodha

Rating-9.14/10
Zerodha is the largest Retail Stock Broker in India and known as India's first discount broker. Founded in 2010; it has more than 15 lakhs clients all over India, contributing over 15% of all Indian retail Trading systems.

Pic-Zerodha

2)Angel Broking

Rating-8.88/10
Founded in 1987, the company has more than 8500 sub-broker and franchisee outlets in 900+ cities across India. Its Trading app has been incorporated with ARQ, the machine learning technology based on advanced nature-based algorithms, quantitative analysis and the Nobel-prize winning Modern Portfolio theory. International Finance Corporation, an arm of World Bank bought an 18% stake in Angel Broking. It has won more than 9 awards until now.

Pic-Angel Broking

3)Motilal Oswal

Rating-8.60/10
Founded in 1987, one of the oldest brokerage firms in India. Solid research is the foundation of Motilal Oswal Securities. It has a network of more than 1 million customers and spread over 450 cities. Moreover, Motilal Oswal along with few other top brokers has been accused of various irregularities on NSEL such as KYC manipulation, client code modification, Benami transactions & infusion of black money through their NBFCs on the Exchange platform.

Pic-Motilal Oswal

4)Sharekhan
Rating-8.5/10
Founded in 2000, Sharekhan is one of the pioneers of online trading in India. It is the third-largest retail brokerage in terms of the customer base. It has over 153 branches with a customer base of more than 1.4 million and an average of 4 lakh trades per day. It is now a fully owned subsidiary of BNP Paribas, a French international banking group and the 8th largest bank by total assets.

Pic-Sharekhan

5)India Infoline
Rating-8.46/10
IIFL was founded in 1995 as Probity Research and Services Private Limited, later the name was changed to India Infoline Limited. During the dotcom bubble in 2001, it tied up with leading life insurance company ICICI Prudential and became India's first corporate agent for insurance. It has a consolidated net worth of over INR 45 billion and Globally presence in UAE, UK, USA, Singapore, Hong Kong, Singapore, Switzerland, Mauritius, and Canada. It serves more than 2.11 lakhs customers across 900+ cities in India through its various business segments.
IIFL has set up 5paisa, a discount brokerage arm in Thane.

Pic- IIFL

6)Indiabulls Ventures Shubh
Rating-8.46/10
Indiabulls Ventures is a part of the Indiabulls group which was originally incorporated in India in 1995. Indiabulls Group is a leading business house with interest in Housing Finance, Real Estate, Securities, Personal financing and construction equipment. It has more than 6 lakhs healthy client base with investment solutions across asset classes with a team of more than 900 members in 18+ cities in India. It was the first company to be assigned the BQ-1 grading by Crisil which is the highest Broker quality grading.

 Pic-Indiabulls Ventures 

7)ICICI Direct
Rating-8.44/10
Incorporated in 1995 ICICI securities is a subsidiary of ICICI Bank Ltd. It has more than 42 lakhs operational accounts controlled by more than 200 of its own ICICI securities network, 2600 Branches of ICICI bank & 5400+ sub-broker.
ICICI Securities Inc.- the US subsidiary wholly-owned by ICICI securities Ltd and it deals in securities and advisory services in the United States. It is also registered with the Monetary Authority of Singapore and operates a branch office in Singapore.

Pic- ICICI direct

8)Edelweiss
Rating-8.44/10

Incorporated in 2008, it is a subsidiary of Mumbai based Edelweiss Group which is one of India's leading diversified financial services company providing a broad range of financial products and services to a substantial and diversified client base that includes corporations, institutions, and individuals. Edelweiss has been rated as the "Best Broker" in India in the "Finance Asia(Hong Kong)Country Award, 2016"
It acquired Anagram Capital, JP Morgan AMC(India) & Forefront Capital.

Pic-Edelweiss

9)HDFC Securities
Rating-8.42/10

Pic-HDFC Securities

10)5Paisa
Rating-8.38/10

Pic-5Paisa

Thank You.
Happy Investing.

How to Start the Journey towards Stock Market?

How to Start the Journey towards Stock Market?

Without spending too much of your valuable time, in short, I am explaining some basic rules you should follow before starting your journey in the stock market.

#Rule No-1

Choose the discount broker.

Honestly saying, as a learner everyone has a tendency to square off the stock as soon as possible without any Reward ration estimation when they are in profit. As a result, when they get the Combined Margin Statement from the Broker after market closing, they will realize that they pay more brokerage charges then profit. As a result, in the next trading session, they wait for more Profit and it will cost them. Choosing a discount broker will give you better experiences during the initial stages.

Brokerage Charge

#Rule No-2

Don't Follow Any SMS or Email of Stock Recommendation.

The stock market is full of speculators who always try to steal your money. Sometimes they use bulk SMS services or email services to promote some loss-making companies. As a learner, you should always avoid these.

Rule No-3

Don't buy any stocks which are Gaining tremendously.

There are some operators who try to increase the price of a stock. As a learner, you will lose your Rational IQ and emotional IQ will attack you. You will buy and then the price will fall.

Rule No-4

Don't Play with Intraday Trade.

Never try to do intraday trade. Use the time to read books instead of intraday. Buy stocks, hold for several days until the target price hit. Intraday is a game only for the professional.

Rule No-5

Don't stay long time in the market.

The market will always invite you to trade because he knows you have money. A better option is that buy a stock and then log out your Trading app or site. Observe the market from another app that gives you real-time data of the Stock market.

Rule No-6

Don't invest your all money in the same stock.

Don't put all your egg in one basket. Choose at least two stocks so that if one falls down, maybe another goes up.

These are the basic rules everyone should follow when they are new in the market. Moreover, learning is the foundation of any successful journey. Learn at least two hours a day to make your fundamental strong.

Wish you a wealthy life.

Keep Growing.

How to be Rich?

How to Be Rich?

"Money Plantation" a word you may not hear earlier in any books or Websites.
Even no one tells you about the process.
But it exists. It exists in Real life.
It exists in every Rich men's mind.
They know how to Grow money by Placing them in the right place.
You may think this happens when you become Rich.
That's the misconception you are keeping in your mind from childhood.
To be rich you don't need only money.
That is practically true that Riches are not rich by Money they have. They are rich by the enthusiasm they have.
They are rich by the mindset they have.
They are rich by the vision they have.
They are rich by the factors not by the wealth which you don't have. Only money cannot make a man rich.
Otherwise, Govt would Print lots of money and Distribute it to all the citizens and soon the country will become the richest in the world.

Pic-Dollar

What makes You Rich?

First of all, it's your mindset. The thought process defines who you are. The skills you need to control your mind, the strategies you need to define your Goal and the patience you need to wait for the right opportunity.

How to create money even you are poor ?

When you love money, you see everything as an opportunity.
Everyone gets opportunity but the emotional IQ of your brain stops you from exploring the opportunity and converting it into cash. Remember, opportunity is the raw material of cash.
Recall the law,
Financial IQ>Emotional IQ -> Rich.
Financial IQ<Emotional IQ ->Poor.

Leave Your Comfort zone.

You create your own enemies and that's the reason your enemies take all your wealth and you stay poor lifelong.

You create enemies when you stay in the comfort zone for a long time. Believe me, Comfort zone is a battlefield where you are surrounded by intangible enemies like  Ignorance, apathy, dishonesty, dependency and some time diseases. Also, You are surrounded by too much crowd and hence you can't take any risk to evaluate your abilities. That is the basic reason for us to select security over freedom. We choose a salary over royalty. We choose incentives over revenues.

To be rich, you should think and act like a rich first.
Leave your comfort zone, start something new, focus on it, get fascinated and stick to it.
Wish you a wealthy future.
Thanking,
Sumit Gupta.
Investor & Trader.
Assam, India.

The stock market could be Your Next Opportunity

Stock market is the most terrible word for those who have lost money earlier in the market but believe me it can be a career also. Your fortune depends on Your ability of Risk-Taking.
Why Stock market is the best?
Robert Kiyosaki told in his Book "Rich dad poor dad"  that the poor work for money and the rich have money to work for them. Everybody has money but the difference between a rich and poor is the "Ability of Risk-Taking"
Stock market is the only opportunity in the Economy that allows us to invest a minimum and let them work. With the price of a cup of coffee, you can enter here and multiply your money. You don't need to buy an asset and give it to rent and earn more and more. A ten rupee note is enough to invest in the stock market and learn the science and arts of Investment.

Pic-Stock Market 

What skills required in the stock market?
There is a saying that out of 100 people, 90 lost their money in the stock market. It is a universal truth and it will be true for the next several millennia.
But what does make the ten to earn money?
It is simplicity, Discipline, and patience.
90 % of people make the stock market very complex even later they couldn't understand the science and arts of investment.
You invest your money to work so let them work for you. Keep them alone for a long time, watch carefully whether they are going in the right direction or not. If anything wrong happens in the journey just diversify and again keep them alone.
Finally, I wanna say before investing in the stock market, invest in knowledge for a period of a minimum of two years or more and learn the philosophy of multiplying money and then choose a career in the Stock market.
You could be the next Warren Buffet or Rakesh Jhunjhunwala.
It depends on You.