Top 20 Share Brokers in India
A broad comparison framework across broker types (discount vs full service): pricing, platforms, research, and suitability by investor profile.
Broker types and who they fit
Choose based on your style
| Type | Best for | Typical trade-off |
|---|---|---|
| Discount broker | DIY investors & active traders | Limited advisory |
| Full-service broker | Advisory/research users | Higher fees |
| Bank-backed broker | Convenience + integrated banking | Platform features may vary |
A “top broker” is the one that matches your trading behavior, not the one with the loudest marketing.
Report snapshot
Quick summary
| Field | Value |
|---|---|
| Best for | Anyone comparing broker types (discount vs full-service vs bank-backed) |
| Optimize for | Fit to your behavior: DIY vs advisory, trading frequency, segments |
| Watch out | Choosing only by popularity instead of your actual workflow |
How to pick the right broker “type”
Match broker type to your behavior
| If you are… | Prefer | Because |
|---|---|---|
| DIY + frequent trader | Discount broker | Lower recurring cost + fast execution |
| Need research/advisory | Full-service broker | RM + research support |
| Want convenience | Bank-backed broker | Integrated banking/holdings convenience |
Risk note
Warning
Trading risk
Trading involves risk. Prioritize liquidity, define max loss before entry, and avoid oversized positions. Test any platform with small size before relying on it.