Stock Broker Comparison: Features, Charges – Groww, Zerodha, Upstox, Angel Broking
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Many people have opened a lot of Demat accounts in the last two to three years but the active clients are fewer.
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According to NSE data, the total active Demat accounts in India in 2013-14 were 42 lakhs which has increased to 3.15 crores in 2021-22.
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Zerodha Broking Limited had more than 56,00,000 clients in the year 2021-22
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RKSV Securities India PVT LTD had more than 45,00,000 clients in the year 2021-22.
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Angel Broking Limited had more than 30,00,000 clients in the year 2021-22.
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NextBillion Technology PVT LTD had more than 29,00,000 clients in the year 2021-22.
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ICICI Securities Limited had more than 27,00,000 clients in the year 2021-22.
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In 2018-19, the total client was around 87,82,207 and the market almost doubled within 5 years.
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Zerodha is a discount broker and brought the concept of discount broking to India for the first time.
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Broker Comparison: Features, Charges – Groww, Zerodha, Upstox, Angel Broking
Broker Comparison: Features, Charges – Groww, Zerodha, Upstox, Angel Broking