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Sharekhan is the 2nd biggest stock broker in India with around 6.5% market share and around 12,00,000 clients.Founded in the year 2000, Sharekhan today has a network of more than 2300 sub-brokers and franchises across 575 cities of the country. IIFL or India Infoline is majorly known for its huge offline coverage with around 4000 locations across 900 cities of India along with presence outside India as well.Established in the year 1994, the full-service broker enjoys presence with more than 50 branches across the country and 2400 sub-broker network.Apart from retail stock broking, SMC Global also provides Wealth Management, DP and Research services.It has some unique offerings in its brokerage plans both in pre-paid and postpaid terms. Started in the year 1995, India Infoline offers different brokerage plans based on the client’s risk appetite and trading budget.This gives a lot of flexibility to the clients to choose and pay brokerage as per their own trading behaviour.Although their major focus has been institutional broking in the initial years, however, of late, they have been gradually focusing on retail broking as well.In terms of broking, Motilal is pretty reasonable within full-service stock brokers cohort.
Here, we have compiled a list of all top Full Service stock brokers in India with the aspects that make them a good choice for you.
Check the complete review of Aditya Birla Money here.
Kotak Securities is a prominent name in stockbroking space and it definitely leverages its banking services brand equity.
Today, it has a presence in more than 500 cities of India and services more than 8,00,000 clients.
It acquired Sharekhan in July 2015 for ₹2200 Crore and gained huge jump in stockbroking market share in India.