In this article, I am providing the list of Best stock Brokers in Delhi.
Delhi, the capital of India has a strong historical background. It was ruled by some of the most powerful emperors in Indian history.
In 21st century also, Delhi holds its own importance being the capital of India. Hence all the top stock brokers of India have their branch at Delhi.
One can choose to open demat account with any stock broker in India. But one need to careful as it is difficult to change broker afterwards.
So I sugest you to choose any one of these stock brokers I have mentioned in this article.
Earlier I had account with Sharekhan but now have switched to Zerodha since 2012.
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.
Best Stock Brokers in Delhi
There are many share brokers based out of your city. Here is the list of Best Stock Brokers in Delhi.
Here is the list of Best stock brokers in Delhi,
- Zerodha Stock Broker
- Upstox Stock Broker
- Angel Broking Stock Broker
- India Infoline (IIFL) Stock Broker
- ICICI Direct Stock Broker
- HDFC Securities Stock Broker
- Kiotak Securities Stock Broker
#1. Zerodha
Zerodha has become the No 1 stock broker of India over taking ICICI Direct and Sharekhan.
They too have their branch at Delhi.
Zerodha charges no brokerage for Delivery. For all other segments, they charge Rs20/trade.
To know more about Zerodha, read this article.
Below is the brokerage charges of Zerodha
Zerodha Delhi Office Address
#39 Kushal House 2nd Floor Nehru Place New Delhi110019
Account can be opened completely online in 15 min. Infact, no need to visit any branch and it is completely online.
Also there is a discount of Rs 200 for those accounts opened online. ( Offline account opening fee: Rs 400, Online account opening fee : Rs 200)
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 Upstox
Upstox was earlier known as RKSV Securities. They have a branch at Delhi.
They are backed by some of the well known personalities like Ratan Tata.
Know more about Upstox here in this review.
The brokerage structure is almost same as that of Zerodha. Read Upstox Vs Zerodha
Upstox brokerage charges list,
Upstox Delhi Branch Address
807, New Delhi House, Barkhamba nagar, New Delhi 110001
#3 Angel Broking
Angel Broking is a premier stock broker who has their office in Delhi.
Earlier they used to charge in terms of percentage basis similar to full service broker. But not they have adopted a discount brokerage model charging flat brokerage fee.
To read more about Angel Broking, please check out this review.
Now the brokerage structure of Angel Broking is similar to Zerodha. Check out this comparison of Angel Broking vs Zerodha.
Angel Broking Delhi Branch Address:
A56, Part 70, Najafgarh Rd, Moti Nagar, New Delhi, Delhi 110015
#4. India Infoline (IIFL)
India Infoline is one of the reputed full service broker of India. IIFL were established in year 1995.
They command huge respect for more than 2 decades. They spend considerable amount of their profit on research and hence their research reports are good.
Apart from equities, they provide investment/trading in derivatives, commodities. currencies. They also provide advisory services.
To know more about them and India Infoline (IIFL) offerrings, read this review.
Also read : IIFL Vs Zerodha
Brokerage charges of IIFL are resonable when compared to other full service brokers.
Below table has the details of brokerage charges of IIFL.
IIFL Office Address in Delhi:
Ashoka Estate,
Connaught Place,
New Delhi – 110001
Website: IIFL Website
#5 ICICI Direct
ICICI Direct is from ICICI bank which is one of the leading private sector bank. They also have their branch at Delhi.
They provide 3-in-1 demat account, in which trading account, demat account and Savings bank account are integrated together.
To know more about ICICI Direct, read this ICICI Direct review
Read Comparison between ICICI Direct and Zerodha.
ICICI Direct Delhi Branch Address in Delhi:
A56, Part 70, Najafgarh Rd, Moti Nagar, New Delhi, Delhi 110015
#6 HDFC Securities
HDFC Securities is backed by largest bank of India, HDFC Bank.
They have their branch also in Delhi. To know more about them, read this HDFC Securities review.
They also provide 3-in-1 demat account. Check out difference between HDFC Securities and Zerodha.
Below is the brokerage charges of HDFC Securities.
HDFC Securities branch address in Delhi:
Kanchenjungha Bldg, Upper Gr. Flr.,18, Barakhamba Road, New Delhi 110001
#7 Kotak Securities
Kotak Mahindra Bank is the promoter of Kotak Securities. Being the bank, they also provide 3-in-1 demat account.
KEAT is the trading platform from Kotak Securities. Know more about Kotak Securities from here.
Also Read: Kotak Securities Vs Zerodha
Brokerage charges of Kotak Securities is given below:
Kotak Securities branch address in Delhi:
No 501 to 507, 5th Flr, Tolstroy House, Tolstroy Marg, Connaught Place
New Delhi – 110001
Best Stock Broker in Delhi – Conclusion
If you are planning to open demat account with the stock broker having branch in Delhi, I suggest you to prefer one of the broker I have listed.
All the brokers I included here are best stock brokers of Delhi. You can open the account without any hesitation.
I switched from Sharekhan to Zerodha in 2012 to save on brokerage. But if you looking for any tips and recommendations then Zerodha may not suit you.
What I like is the simple and clutter free user interface of the Zerodha’s trading platform (KITE).
I can recommend Zerodha to any one and pretty satisfied with their product and service.