Best Full-Service Stock Brokers in India (2026)
Full-service brokers provide research reports, investment advice, and relationship managers in addition to trading services. Here is a curated list of SEBI registered full-service stock brokers in India.
137 SEBI registered full-service brokers listed
ICICI Direct
ICICI Securities Limited
Kotak Securities
Kotak Securities Limited
HDFC Securities
HDFC Securities Limited
Motilal Oswal
Motilal Oswal Financial Services Limited
SBI Securities
SBICAP Securities Limited
Sharekhan
Sharekhan Limited
IIFL Securities
IIFL Securities Limited
Geojit
Geojit Financial Services Limited
Axis Direct
Axis Securities Limited
Choice Broking
Choice Equity Broking Private Limited
Nuvama
Nuvama Wealth and Investment Limited
SMC Global
SMC Global Securities Limited
Anand Rathi
Anand Rathi Share and Stock Brokers Limited
Edelweiss
Edelweiss Broking Limited
JM Financial
JM Financial Services Limited
Ventura
Ventura Securities Limited
Mastertrust
Master Trust Limited
Arihant Capital
Arihant Capital Markets Limited
Religare Broking
Religare Broking Limited
IIFL Markets
IIFL Markets
Karvy
Karvy Stock Broking Limited
Bonanza
Bonanza Portfolio Limited
Aditya Birla Money
Aditya Birla Money Limited
YES Securities
YES Securities (India) Limited
HDFC Sky
HDFC Securities Limited
Nuvama Wealth
Nuvama Wealth Management Limited
Motilal Oswal Wealth
Motilal Oswal Financial Services Limited
SBI Cap Securities
SBICAP Securities Limited
Kotak Neo
Kotak Securities Limited
ICICI Direct Prime
ICICI Securities Limited
RK Global
R K Global Shares & Securities Limited
Integrated
Integrated Enterprises (India) Limited
Prabhudas Lilladher
Prabhudas Lilladher Private Limited
Emkay
Emkay Global Financial Services Limited
Monarch
Monarch Networth Capital Limited
SMC Insurance Broking
SMC Global Securities Limited
LKP Securities
LKP Securities Limited
Ashika
Ashika Stock Broking Limited
Choice Equity
Choice Equity Broking Private Limited
Marwadi
Marwadi Shares and Finance Limited
Bajaj Broking
Bajaj Financial Securities Limited
Steel City
Steel City Securities Limited
Holani
Holani Consultants Private Limited
Giriraj
Giriraj Stock Broking Private Limited
Sunrise Securities
Sunrise Gilts & Securities Private Limited
GCM Securities
GCM Securities Limited
Capstocks
Capstocks & Securities (India) Private Limited
IDBI Capital
IDBI Capital Markets & Securities Limited
PCJ Holdings
PCJ Holdings Private Limited
ICICI Direct Trade
ICICI Securities Limited
Kotak Securities Trade
Kotak Securities Limited
HDFC Securities Trade
HDFC Securities Limited
SBI Securities Trade
SBICAP Securities Limited
Motilal Oswal Trade
Motilal Oswal Financial Services Limited
Sharekhan Trade
Sharekhan Limited
Axis Direct Trade
Axis Securities Limited
IIFL Securities Trade
IIFL Securities Limited
Geojit Trade
Geojit Financial Services Limited
Anand Rathi Trade
Anand Rathi Share and Stock Brokers Limited
Edelweiss Trade
Edelweiss Broking Limited
JM Financial Trade
JM Financial Services Limited
Ventura Trade
Ventura Securities Limited
Mastertrust Trade
Master Trust Limited
Arihant Trade
Arihant Capital Markets Limited
Religare Trade
Religare Broking Limited
Karvy Trade
Karvy Stock Broking Limited
Bonanza Trade
Bonanza Portfolio Limited
Aditya Birla Trade
Aditya Birla Money Limited
YES Securities Trade
YES Securities (India) Limited
Nuvama Trade
Nuvama Wealth Management Limited
Choice Trade
Choice Equity Broking Private Limited
SMC Trade
SMC Global Securities Limited
Marwadi Trade
Marwadi Shares and Finance Limited
Monarch Trade
Monarch Networth Capital Limited
Ashika Trade
Ashika Stock Broking Limited
Prabhudas Lilladher Trade
Prabhudas Lilladher Private Limited
Emkay Trade
Emkay Global Financial Services Limited
LKP Trade
LKP Securities Limited
Integrated Trade
Integrated Enterprises (India) Limited
RK Global Trade
R K Global Shares & Securities Limited
Steel City Trade
Steel City Securities Limited
Capstocks Trade
Capstocks & Securities (India) Private Limited
IDBI Capital Trade
IDBI Capital Markets & Securities Limited
Bajaj Broking Trade
Bajaj Financial Securities Limited
Holani Trade
Holani Consultants Private Limited
Giriraj Trade
Giriraj Stock Broking Private Limited
PCJ Holdings Trade
PCJ Holdings Private Limited
Sunrise Securities Trade
Sunrise Gilts & Securities Private Limited
GCM Securities Trade
GCM Securities Limited
Choice Equity Trade
Choice Equity Broking Private Limited
SMC Global Trade
SMC Global Securities Limited
Nuvama Wealth Trade
Nuvama Wealth Management Limited
HDFC Sky Trade
HDFC Securities Limited
Kotak Neo Trade
Kotak Securities Limited
ICICI Direct Prime Trade
ICICI Securities Limited
Bajaj Finserv Securities
Bajaj Financial Securities Limited
Nuvama Wealth
Nuvama Wealth and Investment Limited
Motilal Oswal
Motilal Oswal Financial Services Limited
Sharekhan
Sharekhan Limited
Axis Direct
Axis Securities Limited
HDFC Securities
HDFC Securities Limited
Kotak Securities
Kotak Securities Limited
ICICI Direct
ICICI Securities Limited
SBI Securities
SBICAP Securities Limited
Geojit
Geojit Financial Services Limited
Anand Rathi
Anand Rathi Share and Stock Brokers Limited
IIFL Securities
IIFL Securities Limited
SMC Global
SMC Global Securities Limited
Choice Broking
Choice Equity Broking Private Limited
Marwadi
Marwadi Shares and Finance Limited
Monarch
Monarch Networth Capital Limited
Ashika
Ashika Stock Broking Limited
Prabhudas Lilladher
Prabhudas Lilladher Private Limited
Emkay
Emkay Global Financial Services Limited
LKP Securities
LKP Securities Limited
Integrated
Integrated Enterprises (India) Limited
Religare Broking
Religare Broking Limited
Karvy
Karvy Stock Broking Limited
Bonanza
Bonanza Portfolio Limited
Aditya Birla Money
Aditya Birla Money Limited
YES Securities
YES Securities (India) Limited
Edelweiss
Edelweiss Broking Limited
JM Financial
JM Financial Services Limited
Ventura
Ventura Securities Limited
Mastertrust
Master Trust Limited
Arihant Capital
Arihant Capital Markets Limited
Steel City
Steel City Securities Limited
Capstocks
Capstocks & Securities (India) Private Limited
IDBI Capital
IDBI Capital Markets & Securities Limited
RK Global
R K Global Shares & Securities Limited
Holani
Holani Consultants Private Limited
Giriraj
Giriraj Stock Broking Private Limited
PCJ Holdings
PCJ Holdings Private Limited
GCM Securities
GCM Securities Limited
Sunrise Securities
Sunrise Gilts & Securities Private Limited
Nuvama
Nuvama Wealth Management Limited
Bajaj Broking
Bajaj Financial Securities Limited
Frequently Asked Questions
What is a full-service stock broker?
A full-service broker offers trading services along with research reports, investment recommendations, and often a dedicated relationship manager.
Are full-service brokers more expensive?
Yes, full-service brokers generally charge higher brokerage compared to discount brokers because they provide additional services like research and advisory.
Who should choose a full-service broker?
Full-service brokers are suitable for investors who prefer guided advice, research support, and personalised service rather than managing everything themselves.