Brokerage firms are the business entities that deal with stock trading. India, with an increasing capital market and a growing number of investors, has a number of brokerage firms. In Indian retail brokerage industry, the brokerage firms primarily work as agents for buying and selling of securities like shares, stocks and other financial instruments and earn commission for each of the transactions. There are plenty of brokerage firms in India. Let's have a look at the top 10 brokerage firms in India.
Before talking anything about topbrokerage firms in India, let's have a glance at the Indian retail brokerage market, which is going through a wonderful phase with high growth rate. The total trading volume of the Indian brokerage companies stood at US$ 1239.1 billion in the year 2004, which increased to US$ 1492.1 billion in 2005. It is further expected to reach US$ 6535.7 billion by the year 2015.
Among all the Indian brokerage companies, the top 10 Brokerage Firms in India can be listed as below:
Before talking anything about topbrokerage firms in India, let's have a glance at the Indian retail brokerage market, which is going through a wonderful phase with high growth rate. The total trading volume of the Indian brokerage companies stood at US$ 1239.1 billion in the year 2004, which increased to US$ 1492.1 billion in 2005. It is further expected to reach US$ 6535.7 billion by the year 2015.
List of Top 10 Brokerage Firms in India
Among all the Indian brokerage companies, the top 10 Brokerage Firms in India can be listed as below:
| Name | Kotak Securities Limited |
| Terminals | 4320 |
| Sub Brokers | 910 |
| No. of Employees | 4008 |
| No. of Branches | 350 |
| Name | Karvy Stock Broking Limited |
| Terminals | 1700 |
| Sub Brokers | 19000 |
| No. of Employees | 3910 |
| No. of Branches | 581 |
| Name | Indiabulls |
| Terminals | 2876 |
| Sub Brokers | NA |
| No. of Employees | 5873 |
| No. of Branches | 522 |
| Name | IL&FS Investmart Limited |
| Terminals | 1644 |
| Sub Brokers | NA |
| No. of Employees | 1900 |
| No. of Branches | 294 |
| Name | Motilal Oswal Securities |
| Terminals | 7923 |
| Sub Brokers | 890 |
| No. of Employees | 2193 |
| No. of Branches | 63 |
| Name | Reliance Money |
| Terminals | 2428 |
| Sub Brokers | 1494 |
| No. of Employees | 2037 |
| No. of Branches | 142 |
| Name | India Infoline |
| Terminals | 173 |
| Sub Brokers | 173 |
| No. of Employees | NA |
| No. of Branches | 605 |
| Name | Angel Broking Limited |
| Terminals | 5715 |
| Sub Brokers | NA |
| No. of Employees | 284 |
| No. of Branches | NA |
| Name | Anand Rathi Securities Limited |
| Terminals | 1527 |
| Sub Brokers | 320 |
| No. of Employees | 4566 |
| No. of Branches | 220 |
| Name | Geojit |
| Terminals | 627 |
| Sub Brokers | 247 |
| No. of Employees | 343 |
| No. of Branches | 314 |
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