Compare Stock Brokers Side By Side:
In this page, I have provided a tool to compare stock brokers side by side.
I have included major stock brokers of India for broker comparison. You can find similarities and dissimilarities between two share brokers using this tool.
It will give you more insights into the distinguishing factors such as brokerage charges, trading platforms, their products and services, account opening & AMC charges and also information regarding any special offers.
My aim is to help you in comparing and analyzing brokerage firms so that you can take better decision in choosing best share brokers for you.
If you are very new to stock market, then let me explain two different types of stock brokers existing in India.
- Fill Service Brokers: These brokers offer services not only in stocks but also in other investment options like bonds, insurance and portfolio management etc. Usually brokerage of these brokers is high because they charge in terms of percentage of total traded value. For example, Lets us take brokerage as 0.5%. If you buy shares worth of Rs 10,000 then you pay Rs50 as brokerage. If you buy for Rs 10 Lakh, the brokerage would be Rs 5000.
- Discount Brokers: With these brokers, you pay flat (fixed) price irrespective of traded value. For example, the biggest broker of India Zerodha charges flat Rs20 for an executed order. So this will result in enormous savings. But these brokers do not provide any recommendation and tips.
So it is essential to find and choose the broker who suits us.
Also Read : 9 Best Demat accounts in India
Parameters I used for Broker Comparison
I would like to give you some pointers and what to look for when you compare two stock brokers
- Brokerage Charges : This plays a major role in stock brokers selection. Pick the broker whose charges are reasonable. Don’t go with Rs5/order type of broker. Their business is not not sustainable.
- Customer Support : Never go to a broker only for lower brokerage charges. Never compromise on the customer support.
- Exposure/Leverage/Margin : Keep away from the brokers who offer very high leverage, they face the risk of going bankrupt.
- Trading Platform: Share Trading platform should be stable without any glitches especially if you are a day trader ( Read : Top rated trading platforms of India)
- Mobile Apps : Nowadays nothing happens without mobile. So review features of their apps too. ( Read : Best Mobile trading apps of India)
- Research and Tips : Getting research reports is OK but I would say never go behind tips. They seldom work on consistent basis.
- Products & Services : Cross check if the broker support the product you are interested in. For example, discount brokers normally support IPO investment. Some doesn’t support NRI investments.
- Offers : Not a major factor. But I included it to warn you to not to fall for them. For example, some brokers lure saying no Account Maintenance Charges (AMC). But the fine print says that it is true for only first year. Second year onwards they levy hefty charges.
Top Brokerage Comparisons searched in Internet
Compare Two Brokers Side By Side:
Brokerwise comparison against other Brokers:
Below is the comparison of Zerodha with other stock brokers (Read : Zerodha Review and Comparison)
Zerodha in comparison with other Stock Brokers |
||
Below is the comparison of Zeroshulk with other stock brokers (Read : Zeroshulk Review and Comparison )
Zeroshulk in comparison with other Stock Brokers |
||
Below is the comparison of Upstox with other stock brokers (Read : Upstox Review and Comparison)
Upstox in comparison with other Stock Brokers |
||
Below is the comparison of Trading Bells with other stock brokers (Read : Trading Bells Review and Comparison)
Trading Bells comparison with other Stock Brokers |
||
Below is the comparison of Trade Smart Online with other stock brokers (Read : Trade Smart Online Review and Comparison)
TradeSmartOnline in comparison with other Stock Brokers |
||
Below is the comparison of Trade Plus Online with other stock brokers
TradePlusOnline in comparison with other Stock Brokers |
||
Below is the comparison of Tradejini with other stock brokers (Read : Tradejini Review and Comparison)
Tradejini in comparison with other Stock Brokers |
||
Below is the comparison of Sharekhan with other stock brokers (Read : Sharekhan Review and Comparison)
Sharekhan in comparison with other Stock Brokers |
||
Below is the comparison of SAS Online with other stock brokers (Read : SAS Online Review and Comparison)
SASOnline in comparison with other Stock Brokers |
||
Below is the comparison of Prostocks with other stock brokers (Read : Prostocks Review and Comparison)
Prostocks in comparison with other Stock Brokers |
||
Below is the comparison of Motilal Oswal with other stock brokers (Read : Motilal Oswal Review and Comparison)
Motilal Oswal in comparison with other Stock Brokers |
||
Below is the comparison of Kotak Securities with other stock brokers (Read : Kotak Securities Review and Comparison)
Kotak Securities in comparison with other Stock Brokers |
||
Below is the comparison of Karvy Online with other stock brokers (Read : Karvy Online Review and Comparison)
Karvy Online in comparison with other Stock Brokers |
||
Below is the comparison of India Infoline (IIFL) with other stock brokers (Read : India Infoline Review and Comparison)
IIFL in comparison with other Stock Brokers |
||
Below is the comparison of Indiabulls with other stock brokers (Read : Indiabulls Review and Comparison)
Indiabulls in comparison with other Stock Brokers |
||
Below is the comparison of ICICI Direct with other stock brokers (Read : ICICI Direct Review and Comparison)
ICICI Direct in comparison with other Stock Brokers |
||
Below is the comparison of HDFC Securities with other stock brokers (Read : HDFC Securities Review and Comparison)
HDFC Securities in comparison with other Stock Brokers |
||
Below is the comparison of FYERS Securities with other stock brokers (Read : FYERS Securities Review and Comparison)
FYERS in comparison with other Stock Brokers |
||
Below is the comparison of Edelweiss with other stock brokers (Read : Edelweiss Review and Comparison)
Edelweiss in comparison with other Stock Brokers |
||
Below is the comparison of Axis Direct with other stock brokers (Read : Axis Direct Review and Comparison)
AxisDirect in comparison with other Stock Brokers |
||
Below is the comparison of Angel Broking with other stock brokers (Read : Angel Broking Review and Comparison)
Angel Broking in comparison with other Stock Brokers |
||
Angel Broking in comparison with other Stock Brokers | ||
Below is the comparison of 5Paisa with other stock brokers (Read : 5Paisa Review and Comparison)
5Paisa in comparison with other Stock Brokers |
||
Broker Comparison : Final Thoughts
Stock brokers are equal in many terms, but the differentiating factor between brokers in my opinion is their customer support and trading platforms.
Full service and discount brokers are contrast to each other in terms of brokerage. If your main aim is to save on brokerage then compare two discount stock brokers and go with the best.
But if you are looking for multiple services under single stock broker and ready to pay higher fees, full service broker may be opt for you.
You May Also Like To Read :
- 10 Best Discount Brokers of India who can reduce your trading costs significantly
- 6 Stock Brokers of India well suited for Options trading
- 5 Best Stock Brokers for Day trading (Intraday trading) in India
- Top 7 Commodity brokers of India to trade in Commodity Segment
- Stock Brokers best suited for applying to IPO Investments
- 10 Leading Brokers who provide High Margin and also Low Brokerage
- Stock Brokers Who are Known For their Best Customer Service in India
- List of Stock Brokers having Highest Active Clients in India
- Find the Best Stock Broker In Your City
- How to Choose the Best Stock Broker In India as per your Requirement