In this article, I am providing the list of Best stock Brokers in Ahmedabad. Gujarat.
Ahmedabad has second oldest stock market in India. In last few decades, the city has emerged as one of the prominent economic hub of India.
In 2010, it was ranked at third for the fastest growing city in the Forbes list. And recently, it is selected for the smart city project.
Because of all these reasons, almost all the major stock brokers of India have their branches in Ahmedabad.
Before you decide to open your account with any stock brokers, I strongly suggest you to go through some of the below articles to understand various types of stock brokers operating in India.
Once you open an account, it is quite cumbersome to change the broker. One may be looking for lowest brokerage charges, another guy may be looking for trading tips and ready to pay higher brokerage. So decide and choose carefully depending upon your requirement.
Best Stock Brokers in Ahmedabad
There are many share brokers based out of your city.
Here is the list of Best Stock Brokers in Ahmedabad
- Zerodha
- Angel Broking
- Motilal Oswal
- India Infoline
- ICICI Direct
- HDFC Securities
#1. Zerodha
Zerodha is the biggest stock broker of India. I also have demat account with them.
I like minimalistic and elegant user interface of KITE – the trading platform of Zerodha.
They started their company in year 2010, within 8 years they have overtaken likes of ICICI Direct and Sharekhan.
To know more about Zerodha, check out this review.
As far as the brokerage charges are concerned, they charge zero brokerage for all investments including Mutual Funds. For intraday and derivatives (Futures and Options) they levy Rs20/trade.
Below table has the details with segment-wise breakup,
Check out more article about Zerodha:
Zerodha Ahmedabad Office Address
508 4th floor Sobo center
Gala gymkhana road South bopal
Ahmedabad 380058
Website : Zerodha Website
Account can be opened completely online in 15 min. Infact, no need to visit any branch and it is completely online.
Please read this article on how to open Zerodha account explained step by step. You can use below button to open the account instantly.
#2. Angel Broking
Angel Broking started as full service broker around year back. But due to competition from discount brokers such as Zerodha.
Angel Broking has wide presence in India across major cities and towns of India.
To know more about Angel Broking , you can read this review.
Check out the side by side comparison of Angel Broking vs Zerodha.
Below table has the brokerage details of Angel Broking.
Angel Broking Ahmedabad Branch Address:
Mahalaya Complex,
Opp. Hotel President,
Off C.G. Road,
Ahmedabad – 380009
Website : Angel Broking Website
OFFER : Angel Broking has waived off the account opening charges and the AMC for the first year. To avail the offer, please use below button.
#2. India Infoline ( IIFL)
India Infoline also known as IIFL is into the brokerage industry since 1995.
Since then, they have grown into one of the reliable and reputed stock broker of India.
They not only offer their service in equities but also in derivatives, currencies and commodities. Apart from that, they also have advisory and insurance services.
To know more about India Infoline (IIFL), you can refer to this review.
Below table has the details of Brokerage Charges of IIFL.
India Infoline (IIFL) Ahmedabad Branch Address:
Commere House,
100 Feet Anand Nagar Rd, Prahlad Nagar,
Ahmedabad 380051
Gujarat
Website : IIFL Securities website
OFFER : If you open the account online, they are waiving off the account opening fees. Also first year Annual Maintenance Charges (AMC) is also waived off.
Use below button to avail the offer.
#4. ICICI Direct
ICICI Direct is brokerage arm of ICICI bank which is a premier private sector bank of India.
ICICI Direct was the one who was responsible and credited for popularising online trading in India.
Read more about them at this ICICI Direct Review.
Below is the details of brokerage charges of ICICI Direct.
ICICI Direct Ahmedabad Branch Address :
First Floor Aaron Elegance
New C G Road
Chandkheda
AHMEDABAD : 382424
#5. HDFC Securities
HDFC Securites is from the biggest private sector bank of India i.e HDFC Bank.
HDFC Securities offers 3-in-1 demat account, in which savings, trading and demat accounts are integrated.
To know more about HDFC Bank, you can read this review.
Also check out the differece between HDFC Securities Vs Zerodha.
Below table shows the brokerage charges of HDFC Securities.
HDFC Securities Branch Address in Nagpur:
Nanalal Chambers,
Opp.Times Of India,
Ashram Road,
Navrangpura,
Ahmedabad-380009
Best Stock Broker in Ahmedabad- Conclusion
All the stock brokers in Ahmedabad (Amdavad, Gujarat), I have listed in this post are reputed one and reliable.
But I personally use Zerodha as I like their trading platform. Also, one can save lot of brokerage charges since they are one of the lowest brokerage stock brokers of India.
You can also consider to open account with IIFL if you are interested only in full service broker who provides research papers and recommendation.
Since, I am trading on my own, I am using Zerodha and can recommend to any one.
Best Stock Brokers in Other Major Cities of India :