In this article, I am providing the list of Best stock Brokers in Ludhiana. Punjab.
Ludhiana is the largest city in Punjab. Over the year, city has grown into major economical hub. It is Asia’s largest hub for bicycle manufacturing.
It is also the largest manufacturer of India’s sewing machine. Also many small scale industries are coming up in Ludhiana making its economy to boom.
Because of all these reasons, almost all major stock brokers of India have their presence in Ludhiana.
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.
Bet Stock Brokers in Ludhiana – Punjab
There are many share brokers based out of your city.
Here is the list of Best Stock Brokers in Ludhiana.
- 1. Zerodha
- 2. India Infoline
- 3. Angel Broking
- 4. ICICI Direct
- 5. HDFC Securities
#1. Zerodha
Zerodha was started by Mr. Nithin Kamath in year 2010. It was started as a small company, but within 8 years, they became the largest stock broker of India.
The brokerage charges are zero for all the delivery based trades. For all other segments, it is Rs 20/trade.
To know more about them, read this detailed Zerodha review.
Below table has the details of Brokerage charges of Zerodha.
Check out more article about Zerodha:
Zerodha Ludhiana Office Address:
Tagore Nagar
Near DMC Hero Heart Center
Ludhiana 141001
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.
#3. Angel Broking
Angel Broking is one of the popular name in Indian broking industry.
They started as full service brokers around two decades back but now dues to heavy competition from Zerodha, they have remodelled themselves as discount brokers.
Read this review to know about Angel Broking.
Also, check out this side by side comparison of Angel Broking Vs Zerodha.
Below table has the brokerage details of Angel Broking.
Angel Broking Ludhiana Branch Address:
3rd Floor
Feroze Gandhi Market,
Ludhiana
#4. ICICI Direct
ICICI Direct is brokerage arm of ICICI Bank which is one of the leading private sector bank of India.
Since it is offered by bank it is know as 3 in 1 demat accout in which all the three that means, savings account, demat account and trading account are integrated.
Read this review to know more about ICICI Direct.
ICICI Direct charges are higher when compared to Zerodha.
Below table captures the commission charged by ICICI Direct.
ICICI Direct Branch Address in Ludhiana:
Near Cycle Market,
Gill Road,
LUDHIANA, PUNJAB Pin Code : 141001
#5. HDFC Securities
Again the HDFC Securities offer 3 in 1 demat account as it is from HDFC Bank.
HDFC Bank is largest private sector bank of India. Read this review to know more about HDFC Securities.
Also, check out difference between HDFC Securities Vs Zerodha.
Below table captures the brokerage charges of HDFC Securities.
HDFC Securities Branch Address in Ludhiana:
First Mall,
Mall Road,
Ludhiana – 141001- 201001
Best Stock Broker in Ludhiana – Conclusion
There are many share brokers in Ludhiana offering multiple services to their clients, but all are not reliable.
The stock brokers that I have listed in this post are most reputed. You can open your demat account with anyone of these.
But I trade with Zerodha since 2012. I like the user interface of their trading platform and brokerage charges are also lower.
I am pretty satisfied with their service and I can recommend to anyone.
Best Stock Brokers in Other Major Cities of India :