In this article, I am providing the list of Best stock Brokers in Kolkata. West Bengal.
Kolkata‘s economic recovery gathered momentum after economic reforms in India introduced by the central government in the mid-1990s. Since 2000, Information Technology (IT) services revitalized the city’s stagnant economy. The city has also experienced a growth in the manufacturing sector.
Hence all the major stock brokers have their branches/office at Kolkata.
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.
However, If you still need any help in choosing the broker, you can always contact me.
Best Stock Brokers in Kolkata
There are many share brokers based out of Kolkata. Some are very reputed and few are not so.
Here is the list of Top Stock Brokers in Kolkata,
- Zerodha Stock Broker
- Angel Broking Stock Broker
- Motilal Oswal Stock Broker
- India Infoline (IIFL) Stock Broker
- ICICI Direct Stock Broker
- Kotak Securities Stock Broker
- HDFC Securities Stock Broker
#1 Zerodha
Zerodha is largest stock broker in our country. They have overtaken big names such as ICICI Direct and Sharekhan.
Read more information about Zerodha in this review.
Their brokerage charges are attractive as they have made delivery fees zero. And the maximum brokerage for other segments is capped at Rs 20.
Here is the brokerage structure of Zerodha.
The trading platform from Zerodha is called KITE and it is one of the top trading platform/app of India.
They also have their branch in Kolkata.
Zerodha Kolkata Branch Office Address:
Dr. Meghnad Saha Sarani (Southern Avenue),
Opp. N G Nursing Home
Kolkata 700026
Website: Zerodha Website
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 Angel Broking
Angel Broking is prominent Stock broker of our country. They have branch at Kolkata as well.
Previously they used to charge based on percentage basis, but now their brokerage is similar to that of a discount broker.
Check out more information about Angel Broking here in this review.
Read : Compare Angel Broking with Zerodha
Below is the details of Angel Broking brokerage charges
Angel Broking Kolkata Branch address
33A, Chatterjee International Center, 15th Floor Room No A4, Jawaharlal Nehru Rd, Park Street area, Kolkata, West Bengal
Website : Angel Broking Website
Offer : Angel Broking is running a free account opening offer. To avail the offer, you can use the below button.
#3 Motilal Oswal
Motilal Oswal is a full service broker with more than 1 million customers. They invest considerable amount of their profit in stock research. Hence the research papers of MOSL are considered as good.
They too have their branch at Kolkata.
To know more about Motilal Oswal, read this review.
Also Read : Motilal Oswal vs Zerodha
Motilal Oswal Kolkata Branch address :
3rd Floor B wing, Constantia Bldg, 11/Dr. U.N. Bramhachari Street, Kolkata, West Bengal-700017.
Website : Motilal Oswal Website
OFFER : Account opening is free at Motilal Oswal. Also the first year AMC is also waived off. Use below button to visit the MOSL account opening page.
#4. India Infoline (IIFL)
India Infoline is one of the reputed full service broker of India. They were established in year 1995.
IIFL 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 Kolkata:
10, 2nd Floor, Garfa Main Rd, Neli Nagar, Garfa, Kolkata, West Bengal 700078
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.
#5. ICICI Direct
ICICI Direct is from reputed bank ICICI bank. They provide 3-in-1 demat account.
That means demat, trading and savings bank account all are integrated into a single account.
Read more about ICICI Direct in this review.
Also Read : ICICI Direct vs Zerodha : Side by side comparison
Below is the details of ICICI Direct Brokerage charges:
ICICI Direct Kolkata Branch address :
Garia main road, Victoria Plaza,385 Garia Main Road
Kolkata , Pin Code: 700084
#6 Kotak Securities
Kotak Securities is from Kotak Mahindra bank. Like ICICI Direct, they also offer 3-in-1 demat account.
To know more about Kotak Securities, read this review.
Read : Kotak Securities and Zerodha comparison
Below is the details of Kotak Securities brokerage charges:
Kolkata Branch address of Kotak Securities :
5th Floor, Block B, Apeejay House, 15, Park Street, Kolkata – 700016.
#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.
Read: HDFC Securities Vs Zerodha
Kolkata Branch address of HDFC Securities :
Central Plaza , 3rd Floor, R No-303, 2/6 Sarat Bose Road, Kolkata- 700020
Best Stock Broker in Kolkata : Conclusion
There is no one for all stock broker available. Each one has their own requirements and preferences.
But I suggest to open account with any of the stock broker I have listed here, all are equally reputed and recognized.
I preferred Zerodha over Sharekhan and opened account with Zerodha in 2012.
I was looking for a reliable broker at lower brokerage charges as most of my profits were going out in terms of brokerage.
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.
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