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Top 20 full service broker in India

 

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Top 20 full service broker in India

Choosing the best full service broker in India is an important step if you want professional advice, complete research support, and smooth trading services. In this guide, we cover the top full service brokers in India for 2025 based on their active client base, service quality, brokerage plans, and more.

Whether you are a beginner or an experienced investor, finding the right full service broker can make a huge difference in your stock market journey.

A full service broker is a stockbroker that offers a variety of services, including stock trading, research reports, financial advisors, cash management and portfolio services. Unlike discount brokers, they require a high brokerage fee, but offer end-to-end support for investors.

If you are looking for a full time broker in India, who not only performs trades, but also guides you with research & financial plan, a complete service broker is the right choice.

Full Service Broker vs Discount Broker

Understanding full service broker vs discount broker helps you decide which your trade style better fits:

Feature Full Service Broker Discount Broker
Services Offered Trading, research, advisory, and portfolio management Only trading services
Brokerage Charges Higher Lower
Customer Support Personalized support through relationship managers Minimal (Email/Chat Support)
Best for Investors seeking long-term guidance and advice Active traders focused on cost-effective deals

If you want advisory, research, and complete investment solutions, going with the best full service broker in India is a smarter choice.

How We Selected the Top Full Service Brokers in India
  • Number of active NSE Clients
  • DEMAT AMC (annual maintenance fee)
  • Broker brokerage plan (standard & discounted)
  • Research and Counselling Services
  • Customer satisfaction & rating

Source of data: Based on NSE's official active client data and market research for 2025.

Top Full Service Brokers in India (2025)

Here’s the full list of the top full-service brokers in India for 2025. We have compared their active clients, brokerage fees, trading platforms, and research services to help you choose the best one.

Rank Broker Why It Stands Out
1 Angel One Huge client base, zero delivery charges, strong tech platform
2 Motilal Oswal Excellent research reports, strong portfolio management services
3 ICICI Direct Trusted brand, comprehensive investment services
4 Kotak Securities Innovative brokerage plans, strong research support
5 HDFC Securities Reliable advisory services, trusted for long-term investors
Advantages of Choosing a Full Service Broker in India
  • Research Support: Daily reports, technical analysis, and stock recommendations.
  • Advisory Services: Personalized portfolio advisory.
  • One-Stop Solution: Investment in equity, mutual funds, insurance, bonds, etc.
  • Customer Support: Relationship managers for personalized assistance.

If you seek personalized financial guidance, the best full service broker in India will meet all your needs under one platform.

Things to Check Before Choosing a Full Service Broker
  • Broker prices and AMC fees
  • Quality of research and advisor
  • Customer reviews and complaints
  • Use of trading platform
  • Financial products offered range

Comparing the top full service brokers in India on these points ensures you find a broker that matches your investment style.

Conclusion

Choosing the right full service broker is important to increase investment in a safe and smart way. Use this guide on top full service brokers in India to compare brokerage fees, services, and customer support.

If you are serious about creating money, you will choose the best full service broker in India to get the research, advice, and customer service you need.

The stock brokers in India are categorised in two types that are:
Discount Broker Top 20 Discount Broker Top 10 Discount Broker Top 5 Discount Broker
Full Service broker Top 20 Full Service broker Top 10 Full Service broker Top 5 Full Service broker
 

Top 20 full service broker in 2024

Rank Broker Active Clients Demat AMC Brokerage Request Callback Review
1 IIFL Securities 1124976 ₹0 (Free) ₹20/ Order Open Account Review
2 Angel One 4111606 ₹240 (2nd Year Onwards) EQ Delivery- Free, FNO-₹20/ Order or 0.25% Open Account Review
3 Motilal Oswal 906828 Free (₹400 from 2nd year) EQ Delivery-0.20%, FNO:- ₹20/Lot, Commodity Option Review
4 Sharekhan 771090 ₹400 (from 2nd year) EQ Delivery-₹0(Free), FNO:- ₹20/ Order or 0.03% Open Account Review
5 Aditya Birla 67950 ₹436/- EQ Delivery- 0.30%, EQ Intraday- 0.03% FNO- ₹50/Lo Review
6 Goodwill Commodities 33526 ₹300/- ( from 2nd year) EQ Delivery-₹0(Free) FNO- ₹11/ Order Open Account Review
7 Kotak Securities 1179053 ₹500/- Yearly Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Open Account Review
8 HDFC securities 1176526 Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹7 EQ Delivery- 0.50%,EQ Intrday-0.05% FNO-₹100/Lot,C Review
9 Edelweiss 213010 Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year EQ Delivery- Lite:- ₹10/Order | Elite:- 0.300%EQ I Review
10 Axis Direct 402877 ₹650/- EQ Delivery- Fixed Plan:- 0.5% | Investment Plus:- Review
11 Reliance Securities 95668 ₹2500/- life time free EQ Delivery-R- Online Insta Account Plan:- 0.25% | Review
12 Marwadi Shares 123596 ₹450/ Year one-time payment of ₹2500 ₹20/ Order Review
13 Choice Broking 270195 ₹200 EQ Delivery- 0.2%,EQ Intrday-0.02% FNO-₹20/Order, Review
14 Samco 73324 ₹400(2nd year onwards) EQ Delivery- ₹20/ Order, FNO-₹20/ Order or r 0.2% Open Account Review
15 Trade Smart 41985 ₹300 ( 2nd Year onwards) EQ Delivery-0.07% or ₹15/ Order, EQ Future- 0.007% Review
16 Master Trust 54213 ₹300 EQ Delivery-₹0(Free) or 0.30% ,EQ Intrday-₹20/Orde Review
17 Wisdom Capital 5200 ₹0 (Free) EQ Delivery- ₹9/ Trade FNO-₹9/ Trade Review
18 Achiievers 4288171 ₹400 + GST ( 2nd year onwards) Mega Value Plan:- ₹1/Order (₹750/Month)|Per Day Pl Review
19 ICICI Direct 3124775 ₹300/Year + GST EQ Delivery- ₹0 EQ Fno- ₹20/ Order Open Account Review
20 Marwadi Shares 123596 ₹450/ Year one-time payment of ₹2500 ₹20/ Order Review