Online stock trading platforms have achieved enormous significance as outlets for investors to buy and sell assets in India's dynamic financial markets. The way people participate in the stock market has been reimagined because of these platforms, which provide simplicity, accessibility, and a wide range of investment possibilities. Indian visionary entrepreneurs created online stock trading systems that enable investors to trade in equities, derivatives, commodities, and more. Numerous features, including user-friendly interfaces, research reports, advisory services, and technology-driven solutions, are offered by these platforms, including Zerodha, Upstox, and Angel Broking. While full-service platforms such as HDFC Securities and ICICI Direct offer a wide range of investment alternatives and research, discount brokerages such as ProStocks and 5Paisa are focused on cost-effectiveness.
Here are 16 online stock trading platforms in India, along with the names of their founders, that offer various trading and investment services. These platforms offer a range of services, including mutual funds, research papers, equities, derivatives, commodities, and advisory services. They cater to various investors kinds, providing user-friendly interfaces, cutting-edge tools, and affordable prices. Before making any decisions, always verify information from reputable sources.
1) Zerodha | Online Stock Trading Platforms
Founded by Nithin and Nikhil Kamath, Zerodha is India's largest discount broker, pioneering the concept of flat-rate brokerage and providing new trading platforms such as Kite. They are primarily concerned with technology-driven services and educational tools for traders.
2) Upstox | Online Stock Trading Platforms
Upstox, founded by Ravi Kumar and Shrini Viswanath, provides low-cost trading and investment services with a focus on powerful charting tools and analytics. They serve both retail and institutional clients.
3) 5Paisa | Online Stock Trading Platforms
Part of the IIFL (India Infoline) Group, 5Paisa is a fintech platform that offers seamless trading across equities, commodities, derivatives, currencies, and mutual funds. They also provide robo-advice services.
4) Angel Broking | Online Stock Trading Platforms
Founded by Dinesh Thakkar, is one of India's oldest stockbroking organizations. They provide a variety of services like as trading, research reports, investment advice, and personalized recommendations.
5) Sharekhan | Online Stock Trading Platforms
Founded by Shripal Morakhia, Sharekhan is noted for its research-driven approach and user-friendly trading platforms. They provide a wide range of investment opportunities, including shares, derivatives, mutual funds, and IPO investments.
6) Motilal Oswal | Online Stock Trading Platforms
Founded by Motilal Oswal and Raamdeo Agrawal, Motilal Oswal is a prominent full-service brokerage with a strong focus on research and consulting services. They offer a variety of investment options as well as personalized portfolio advice.
7) HDFC Securities | Online Stock Trading Platforms
A subsidiary of HDFC Bank, HDFC Securities provides a comprehensive range of investing and trading services. They offer market research, market insights, and specialized advising services.
8) ICICI Direct | Online Stock Trading Platforms
ICICI Direct, a subsidiary of ICICI Bank, is noted for its user-friendly interface and broad research offerings. They provide a three-in-one trading account that combines banking, demit, and trading services.
9) Kotak Securities | Online Stock Trading Platforms
A subsidiary of Kotak Mahindra Bank, Kotak Securities offers trading and investing services with a focus on customer service. They provide personalized advising services as well as a variety of investment products.
10) Edelweiss | Online Stock Trading Platforms
Founded by Rashesh Shah and Venkat Ramaswamy, Edelweiss provides a comprehensive range of financial services, including online trading in equities, derivatives, commodities, currencies, and more. They also provide wealth management and consulting services.
11) IIFL Securities | Online Stock Trading Platforms
Part of the IIFL (India Infoline) Group, IIFL Securities provides a full suite of investment alternatives and trading services. They place a premium on research-based suggestions and consulting services.
12) ProStocks | Online Stock Trading Platforms
Founded by S P Toshniwal and Saurabh Ranka, ProStocks is a bargain brokerage platform noted for its affordable pricing. They offer online trading of stocks, derivatives, and commodities.
13) Samco | Online Stock Trading Platforms
Founded by Jimeet Modi, Samco focuses on technology-driven trading solutions and offers an easy-to-use trading platform. They provide a variety of investment possibilities such as stocks, commodities, and currencies.
14) Axis Direct | Online Stock Trading Platforms
Axis Direct, a subsidiary of Axis Bank, provides a diverse range of investing alternatives, including shares, derivatives, mutual funds, and IPO investments. They offer research reports as well as individual advising services.
15) Reliance Securities | Online Stock Trading Platforms
A subsidiary of Reliance Capital, Reliance Securities provides online trading services for stocks, commodities, currencies, and other assets. They offer various investment products and services.
16) SBI Cap Securities | Online Stock Trading Platforms
A subsidiary of the State Bank of India (SBI), SBI Cap Securities provides online trading services to SBI customers. They offer a variety of investment alternatives as well as trading solutions.