In this article, I am providing the list of Best stock Brokers in Lucknow. Uttar Pradesh.
Lucknow is ranked sixth among the fastest growing job creating cities of India. Being capital of Uttar Pradesh, there are multiple industries which are based out of Lucknow. To name a few, aeronautics, machine tool, automotive and chemicals.
Because of all these reasons, almost all the leading stock brokers of India have their presence in Lucknow.
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 Lucknow
There are many share brokers based out of your city.
Here is the list of best Stock Brokers in Lucknow.
- 1. Zerodha
- 2. India Infoline
- 3. Angel Broking
- 4. ICICI Direct
- 5. HDFC Securities
#1. Zerodha
Zerodha’s growth is mind blogging. It has grown from start up to largest stock broker of India.
They started their operation in 2010 but with in 8 years, they overtook ICICI Direct to become No.1
I personally use Zerodha for my investments and trading as the brokerage charges are zero for investments.
To know more about Zerodha, read this complete review about them.
Below table has the details of Brokerage charges of Zerodha.
Check out more article about Zerodha:
Zerodha Lucknow Office Address
Eldico Udhyan Plaza 2
Raibareli Road
Lucknow 226025
Website : Zerodha Website
Account can be opened completely online in 15 min. Infact, no need to visit any branch and it is completely online.
Account Opening Charges at Zerodha:
- Online through Aadhar : Rs 200
- Offline by visiting Branch : Rs 400
So, You can save Rs200 by opening account online. Use below button to open Zerodha account 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. India Infoline ( IIFL)
India Infoline or IIFL as they are popularly known are well established in India.
They have presence in more than 500 locations across India and abroad.
Apart from equities, they also provide services in advisory, mutual funds and insurance.
To know more about India Infoline (IIFL), read this detailed review.
Below table has the details of Brokerage Charges of IIFL.
India Infoline (IIFL) Lucknow Branch Address:
Ratan Square
Vidhan Sabha Marg
Lucknow – 226001
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.
#3. Angel Broking
Angel Broking is another reputed stock broker of India. They had started as full service broker but due to heavy competition from discount brokers such as Zerodha, they have remodelled themselves as discount broker.
To know more about Angel Broking, you can refer this review.
Check out the side by side comparision of Angel Broking Vs Zerodha.
Below table has the brokerage details of Angel Broking.
Angel Broking Lucknow Branch Address:
Shailimar Sqaure, 4th Floor,
B. N. Road, Lalbagh,
Lucknow – 226001
#4. ICICI Direct
ICICI Direct introduced the online trading and investment to India.
They are backed by ICICI Bank which is one of the prominent private sector bank of India.
To know more about ICICI Direct, you can refer this detailed review.
But the brokerage charges of ICICI Direct is on higher compared to Zerodha.
Check out this side by side comparison of ICICI Direct Vs Zerodha.
Below table captures the commission charged by ICICI Direct.
ICICI Direct Branch Address in Lucknow:
Speed Building,
Shahnajaf Road
LUCKNOW, Pin Code : 226001
#5. HDFC Securities
HDFC Bank is biggest private sector bank of India. They have brokerage arm called HDFC Securities.
Since the account is offered by a bank, it is called 3-in-1 demat account since savings account, trading account and demat account are integrated together.
To know more about HDFC Securities, read this complete review.
Also find the side by side comparison of HDFC Securities vs Zerodha.
Below table captures the brokerage charges of HDFC Securities.
HDFC Securities Branch Address in Lucknow:
Vibhuti Khand,
Gomti Nagar,
Lucknow (UP) 226001
Best Stock Broker in Lucknow- Conclusion
There are many stock brokers operating in Lucknow, some small and some big. But the share brokers I have listed here are highly reputed ones and have decades of experience.
But I am trading with Zerodha and pretty satisfied with their product and services for last couple of years.
I can recommend them for all the newcomers and also experienced ones at any day.
Best Stock Brokers in Other Major Cities of India :