Largest Stock Broker In India
Last Updated: Jan - 14- 2020
The number of traders has significantly increased in the past few years, and so is the number of stock brokers. The digitalization of trading has led to the emergence of discount brokers in the market. Although there are numerous stock brokers across India, some of them hold a position in the list of largest stock brokers in the country. They make on the list considering the number of clients they serve or their yearly turnover.
In this blog, we will look at some of the largest stock brokers of the country.
With the presence of both discount brokers and full-service or traditional brokers in the market, frequent traders and investors have great flexibility and large number of options to choose from. This may create confusion and hence it is highly recommended that the investor must study the market, understand the pros and cons of the brokers, and take a wise decision of choosing a broker who is the most suitable. The investor must also realize his or her trading requirements and then opt for an appropriate stock broker accordingly.
Today, the competition to gain the largest number of clients amidst all stock brokers is fierce. Here’s a list of the largest stock brokers in India based on the number of active clients.
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Let us look at the top 5 largest stock brokers in detail.
If we consider the competition between discount brokers and full-service brokers, then listing down the largest stock brokers in India would become more challenging. This list shall be regularly updated based on the revenue of the companies and the total number of active clients served. Both these factors tend to alter on a daily basis which can alter the position of stock brokers on the list.