Retail investors have been the winners in the Indian stock market, and the selection of a stockbroker is one of the essential decisions. Today, investors can have an “old school” “full-service” broker, or a “digital-first” broker.

Having access to several market segments, tracking investments, and managing portfolios in a single app might be something that an advanced app for trading and wealth management can help with.

Here are the 10 big names in the Indian stock broking space from the perspective of active-client data till June 2026. 

Top 10 Stock Brokers in India Ranked

An advanced application to invest in mutual funds and handle investment and share broking is required in today’s world for modern investors. 

There are dozens of platforms available, and it’s necessary to measure the reliability of the platform and the number of people using it to choose a stock broker in india.

Below is the list of the top 10 Stock Brokers having an excellent impact in the Indian stock market.

  1. Groww 

Groww is the market-leading broking company in India, having more than 1.3 crore active clients. Groww was founded as a website for investing in mutual funds, but it has indeed become one of the best stock brokers in India that offers a convenient platform for new investors. Has no maintenance fees on investment accounts and flat fee prices.

Active Clients: 1,30,53,752 Approx (June 2026)

  1. Zerodha 

Zerodha is the first discount broking company to launch in India and is still one of the leading companies in the nation with almost 70 lakh active users. Its flagship trading platform Kite offers simple charts and order types as well as flat pricing.

Active Clients: 68,01,078 Approx (June 2026)

  1. Angel One

The features of full-service brokerage services combined with low cost make Angel One the complete package. It operates for millions of retail investors in Tier 2 & Tier 3 cities, with a very extensive distribution network and powerful AI recommendations.

Active Clients: 66,33,833 Approx (June 2026)

  1. ICICI Direct

ICICI Bank’s full-service brokerage firm provides 3-in-1 accounts with seamless integration of banking, demat, and trading services. It contains complete details regarding research in addition to a wealth of wealth management services.

Active Clients: 21,21,076 Approx (June 2026)

  1. Upstox

Upstox offers fast and efficient trading engines backed by marquee investors. Trading and wealth management apps like Upstox are of an advanced variety, used by many retail traders to make use of real-time charts, margin trading facilities, and technical indicators. 

Active Clients: 18,87,312 Approx (June 2026)

  1. Kotak Securities

Even Kotak Securities remains a well-known name and offers exclusive trading strategies such as zero-brokerage intraday trading to the youngsters. It has good research capabilities and good customer service.

Active Clients: 13,79,677 Approx (June 2026)

  1. HDFC Securities

HDFC Securities offers high reliability and full market coverage. It has intelligent order routing to guarantee that investors receive the best rates on one or more exchanges. At the top tier, coming after bank-backed research brokers, are institutional-grade research brokers.

Active Clients: 13,44,282 Approx (June 2026)

  1. SBI Securities

As of June 2026, the number of active clients of SBI Securities was more than 11,00,000. It has a strong penetration among retail investors due to its tie-up with the SBI Group.

Active Clients: 11,17,736  Approx (June 2026)

  1. Dhan 

Dhan has risen rapidly to be the top stock broker in India and is extremely popular among traders. Dhan is a trading and wealth management application developed by Raise Financial Services, focused on high-end traders and long-term investors. It also offers direct integration with TradingView, deep dive option chain analysis, super-fast execution, and no delivery brokerage.

Active Clients: 8,98,736 Approx (June 2026)

  1. Motilal Oswal

Motilal Oswal is known for its good equity research and advisory services. An advanced app for trading and wealth management is useful for institutional and retail investors looking for research-backed insights and streamlining their portfolio creation process.

Active Clients: 8,98,736 Approx (June 2026)

Select a Broker that Suits your Investing Demands

Every investor would expect the best stock broker in India, but it may differ between them. There are a lot of factors that can influence the selection, including the number of trades, preference for products, research requirements, fees, and platform features. 

Any advanced app for trading and wealth management should have everything that a trader wants, including long-term investing options. Investors can make comparisons for these factors before selecting the best stock broker in India according to their financial requirements.

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