In this article, I am providing the list of Best stock Brokers in Vizag. Andhra Pradesh.
Vishakapatnam or Vizag is the most populated city of Andhra Pradesh.
It has the oldest shipyard of India. It is names as ” Jewel of the East Coast”.
There are lot of activities happening in Vizag related to pharmacutical and Information Technology. Hence the economy of Vizag is booming.
Because of all these reasons, all the major stock brokers of India have their presence in Vizag.
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 Vizag (Vishakapatnam)
There are many share brokers based out of your city.
Here is the list of best Stock Brokers in Vizag
- 1. Zerodha
- 2. India Infoline
- 3. Angel Broking
- 4. ICICI Direct
- 5. HDFC Securities
#1. Zerodha
Zerodha is the largest stock broker in India. They started small company in year 2010.
But within 8 years, they overtook ICICI Direct to become No.1 stock broker of India.
To know more about Zerodha, read this complete review.
Below table has the details of Brokerage charges of Zerodha.
Check out more article about Zerodha:
Zerodha Vizag Office Address
Opp Hotel Budhil Park 1st Lane
Dwarakanagar
Vishakapatnam 530016
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 known as are one of the popular stock brokers of India.
They are into the brokerage buisness since 1995.
Apart from equities, they also offer service in derivatives, currency, commoditis. They also offer advisory services.
To know more about India Infoline offerrings, read this detailed review.
Below table has the details of Brokerage Charges of IIFL.
India Infoline (IIFL) Vizag Branch Address:
SaiTrade Centre,
Dwaraka Nagar
Visakhapatnam – 530016
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 the reputed name among Indian stock brokers. They are into this industry for more than two decades.
Recently, due to heavy competition from discount brokers such as Zerodha, they have reduced their brokerage charges.
Check out this review to know more about Angel Broking.
Also, see the side by side comparison of Angel Broking Vs Zerodha
Below table has the brokerage details of Angel Broking.
Angel Broking Vizag Branch Address:
Vishnu’s Lakshmi Nilayam,
Maharanipeta,
Visakhapatnam – 530002
#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 Vizag:
Allipuram Ward ,
Dwaraka Nagar
VISHAKAPATNAM, ANDHRA PRADESH Pin Code : 530016
#5. HDFC Securities
HDFC is the biggest private sector bank of India. HDFC Securities is from HDFC bank.
HDFC Securities also offer 3-in-1 demat account in which savings account, trading account and demat account are integrated together.
Check this review to know more about HDFC Securities.
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 Vizag:
Ram’s Plaza, 2nd Lane Dwaraka Nagar, Vizag – 530016, AP
Best Stock Broker in Vizag – Conclusion
There are multiple stock brokers operating in Vizag. Some are established and some are new.
But all the 5 stock brokers that I have listed here are most reliable have decades of good track record.
You can open your demat account with any of these 5 share brokers.
But I personally trade with Zerodha as I like their simple and powerful user interface. Also, all the investments are brokerage charges free.
I can recommend Zerodha to anybody on anyday.