7 Best Stock Brokers in Hyderbad

In this article, I am providing the list of Best stock Brokers in Hyderabad.

Hyderabad is now over 400 years old. It is a bustling metropolis where multistoried buildings and wide streets contrast with narrow lanes and old buildings dating back to the Qutb Shahi kings

In this grand old city, modern factories belch forth the smoke of industry and cottage workers turn out some of the finest handmade crafts in the world.

Before you decide to open your account with any stock brokers in Hyderabad, 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 Hyderabad

There are many good share brokers based out of this major city. I have shortlisted 7 major stock brokers.

Here is the list of Top stock brokers of Hyderabad .

Zerodha
Angel Broking
Motilal Oswal
India Infoline (IIFL)
Kotak Securities
ICICI Direct
HDFC Securities

#1 Zerodha

Zerodha are No.1 Stock broker. They have branch in Hyderabad as well.

They are the largest broker with more customers than ICICI Direct and Sharekhan.

Read : Detailed information about Zerofha & Offerings

They offer one of the lowest brokerage charges. Infact there is no brokerage for delivery trades. For all other trades it is Rs 20/trade.

Account can be opened 100% online without any paper work.

Please read : How to open Zerodha account online – detailed steps

Zerodha KITE is considered as one of the best trading platform.

Zerodha Branch Office at Hyderabad:

# 401 Jyothi Bhopal Chambers Lane Opp. to Country Club Begumpet Hyderabad 500016

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.

SaveRs200: You can save Rs200 by opening account online. Use below button to go directly to Zerodha Account opening page.

#2. Angel Broking

Angel Broking is a leading stock broker of our Country. They have their branch office at Hyderabad as well.

They are originally a full service broker, but recently their brokerage model is realigned to a discount broker.

Check the comparison of Angel Broking Vs Zerodha here.

Angel Broking Hyderabad Branch

Osman Plaza, 6-3-352, 2nd Floor, Road-1, Banjara Hills, Hyderabad – 500001

Website : Angel Broking Website

Offer : Account opening charges and AMC for the first year is waived off . For this no need to visit any branches.

Account can be opened 100% online. Use below button to avail the offer and go directly to Angel account opening page.

#3 Motilal Oswal

Motilal Oswal invest heavily in research. Hence their reports are considered as of good quality.

They have wide range of products from equities, commodities, Currencies, Bonds and Portfolio Management Service (PMS).

They have their branch at Hyderabad as well.

Motilal Oswal Hyderabad Address

4th floor Door no.6-3-670,RKJSM SQUARE Above reliance digital punjagutta. Hyderabad.500082

#2. India Infoline (IIFL)

India Infoline is one of the reputed full service broker of India. They 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 Hyderabad:

Adarsh Nagar,

Hyderabad,

Telangana 500004

Website: IIFL Website

OFFER : Currently, account opening fee is waived off for accounts opened in online mode. Also, first year Annual Maintenance Charge (AMC) for first year also waived off.

To avail this offer, use below button to open account.

#3. Angel Broking

Angel Broking is a leading stock broker of our Country. They have their branch office at Hyderabad as well.

They are originally a full service broker, but recently their brokerage model is realigned to a discount broker.

Check the comparison of Angel Broking Vs Zerodha here.

Angel Broking Hyderabad Branch

Osman Plaza, 6-3-352, 2nd Floor, Road-1, Banjara Hills, Hyderabad – 500001

#4 Motilal Oswal

Motilal Oswal invest heavily in research. Hence their reports are regarded high.

They have their branch at Hyderabad as well.

Motilal Oswal Hyderabad Address

4th floor Door no.6-3-670,RKJSM SQUARE Above reliance digital punjagutta. Hyderabad.500082

#5 Kotak Securities

Kotak Securities is brokerage arm of Kotak Mahindra Bank.

They provide 3-in-1 demat account which helps in seamless transfer of funds between the accounts

Read more about Kotak Securities in this review.

Read : Kotak Securities Vs Zerodha

Kotak Securities Hyderabad Address

8/2/626/7 & 8, 4th Flr, Viashnavi Arcade, Road No 1 Banjara Hills
Hyderabad – 500034

#6 ICICI Direct

ICICI Direct are pioneer in Internet trading. They are the second biggest stock broker after Zerodha.

They have their branches in Hyderabad as well.

Similar to Kotak Securities, they also provide 3-in-1 demat account. Read more detailed review about ICICI Direct here.

But brokerage charges are on higher side for ICICI Direct. Check the comparison of ICICI Direct with Zerodha

ICICI Direct Hyderabad Address

First Floor, Concourse Building, Opp:Meridian Plaza,Green Lands Road,
Ameerpet, Hyderabad, Pin Code: 500016

#7 HDFC Securities

HDFC Securities are from HDFC Bank which is India’s biggest private sector bank.

Read more information on HDFC Securities at this review.

Also Read: Comparison of HDFC Securities Vs Zerodha

HDFC Securities Hyderabad Address

Floor,7-1-210,7-1-211/1/A,Beside Spencers Super Market,Balkampet Temple Road,Ameerpet landmark Aditya Hometel hotel, Hyderabad 500016

Best Stock Broker in Hyderabad : Conclusion

Being major city of south India, Hyderabad has branches of all reputed stock brokers.

But you should consider your requirements first rather than going by brand name.

I opened account with Zerodha in 2012 as I was not looking for any tips and recommendations.

You can consider opening demat and trading account with any of the above popular stock brokers of Hyderabad.

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.

Best Stock Brokers in Other Major Cities of India :

5/5 - (1 vote)