In this article, I am providing the list of Best stock Brokers in Vadodara. Gujarat.
Vadodara or Baroda is the third largest city of Gujarat.
Vadodara houses many large scale industries such as Indian Oil Corporation (IOCL), GSFC and Gujarat Alkalies etc.
Apart from these there are many small scale industries are coming up in Vadodara. Hence the economy of Baroda is booming.
Because of all these reasons, almost all the major stock brokers of India have their presence in Vadodara.
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 Vadodara – Gujarat
There are many share brokers based out of your city.
Here is the list of best Stock Brokers in Vadodara.
- Zerodha
- Angel Broking
- Motilal Oswal
- India Infoline
- ICICI Direct
- HDFC Securities
#1. Zerodha
Zerodha are No.1 stock broker of India. They started their company in year 2010. But within 8 years, they became the largest share broker over taking ICICI Direct.
They offer zero brokerage charges for all the investments. For intraday and futures and options , the brokerage is Rs20/trade irrespective of traded value.
To know more about Zerodha offerings, read this complete review.
Below table has the details of Brokerage charges of Zerodha.
Check out more article about Zerodha:
Zerodha Vadodara Office Address:
Phoenix Complex
Near Suraj Plaza
Sayajigunj
Vadodara 390020
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. Angel Broking
Angel Broking is one of the popular name in Indian brokeing 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 Vadodara Branch Address:
Profit center, Nr. Kala Ghoda Circle,
Sayajigunj,
Vadodara-390005
Website : Angel Broking Website
OFFER : The Account opening charges waived off and ZERO AMC for first year. Use below button to avail the offer.
#3. Motilal Oswal
Motilal Oswal is well known name in Indian brokerage industry. They are into brokerage business since 1987.
They invest their 10% of revenue into research and hence the paper published by them are widely acknowledged.
To know more about Motilal Oswal, you can check out this detailed review.
They also have their branch in Vadodara.
Motilal Oswal Vadodara Branch Address:
Girdhar Chamber, Rajmahal Road
Vadodara – 390001
Website : Motilal Oswal Website
OFFER : MOSL has wavied off the account opening charges and the AMC charges of first year. To avail this offer, use below button.
#4. India Infoline ( IIFL)
India Infoline of IIFL are into the brokerage buisness since 1995.
They are one of the reputed stock broker of India. Apart from equities, derivatives, currencies and commodities, they also offer advisory services to retail and institutional clients.
To know more about India Infoline (IIFL), read this detailed review.
Below table has the details of Brokerage Charges of IIFL.
India Infoline (IIFL) Vadodara Branch Address:
Bhagwandas Chamber,
RC Dutt Road
Vadodara – 390007
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.
#5. ICICI Direct
ICICI Direct is the brokerage arm of ICICI Bank which is one of the premiere private sector bank of India.
They were the largest stock broker of India until Zerodha overtook them.
Since the parent company is a bank, it is a 3-in-1 demat account in which savings bank, trading account and demat account are integrated together.
However, ICICI Direct charges higher brokerage charges when compared to Zerodha.
Read this review to know about ICICI Direct.
Below table captures the commission charged by ICICI Direct.
ICICI Direct Branch Address in Vadodara:
Sampatrao Colony,R.C.Dutta Road
Alkapuri.
VADODARA, GUJARAT Pin Code : 390007
#6. 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 Vadodara:
Kamalanjali, Off Padra Road,
Akota, Above HDFC Bank,
Opp. Tube Company,
Vadodara – 390020
Best Stock Broker in Vadodara – Conclusion
There are many stock Brokers in Vadodara, some are big and some are small.
The stock brokers that I have listed here are most relibale and well known.
You can open demat account with anyone of them.
But I personally trade with Zerodha as I like the simple user interface of their trading platfome (KITE). Also brokerage is lower compared to others.
I am trading with them since 2012 and I pretty satified.
I can recommend Zerodha to anyone and on anyday.
Best Stock Brokers in Other Major Cities of India :