Top Ten Brokerage Firms

Will you please give me some details about the Top Ten Brokerage Firms in India, as here I am looking for the details of it?

[Shaleen]

Ok, as you want to get the details about the Top Ten Brokerage Firms in India so here these are as follows

1. Sharekhan Limited
Head Office: Mumbai, India
Number of Terminals: 2000 to 2500
Number of Sub Brokers: 200 to 300
Number of Branches: 510 offices
Number of Employees: 1000 to 2000
Account Opening Fee: Rs 750/- for Classic Account and Rs 1000/- for Trade Tiger

2. India Bulls
Head Office: Gurgaon, Haryana
Number of Terminals: 2876 to 3000
Number of Sub Brokers: 400 to 500
Number of Branches: 414 to 450
Number of Employees: 3500 to 4000
Account Opening Fee: Rs 1200/- (Rs 250/- for equity + Rs 200/- for Demat + Rs 750/- for software )

3. Angel Broking Limited
Head Office: Mumbai, India
Number of Terminals: 5715 to 6000
Number of Sub Brokers: 150 to 200
Number of Branches: 300 to 400
Number of Employees: 300 to 500
Account Opening Fee: Stock Trading Account + Demat Account = Rs 500/-, Commodity Trading = Rs 625/-

4. Reliance Money
Head Office: Lower Parel, Mumbai
Number of Terminals: 2428 to 2500
Number of Sub Brokers: 1494 to 1500
Number of Branches: 142 to 150
Number of Employees: 2000 to 2500
Account Opening Fee: Trading + Demat = Rs 750/- and for foreign nationals it is Rs 1000/-

5. India Infoline Limited
Head Office: Andheri, Mumbai
Number of Terminals: 173 to 2000
Number of Sub Brokers: 100 to 150
Number of Branches: 600 to 650
Number of Employees: 200 to 300
Account Opening Fee: Trading + Demat = Rs 750/-

6. Kotak Securities Limited
Head Office: Nariman Point, Mumbai
Number of Terminals: 4320 to 4500
Number of Sub Brokers: 900 to 1000
Number of Branches: 350 to 400
Number of Employees: 4000 to 4500
Account Opening Fee: Derivative brokerage Rs 150 per contract and delivery brokerage is .45%

7. ICICI Direct
Head Office: Mumbai, Maharashtra
Number of Terminals: 2000 to 3000
Number of Sub Brokers: 100 to 150
Number of Branches: 250 to 300
Number of Employees: 1000 to 2000
Account Opening Fee: Rs 750/- for share trading account, wise investment, active trader account

8. Motilal Oswal Securities
Head Office: Mumbai, Maharashtra
Number of Terminals: 7923 to 8000
Number of Sub Brokers: 890 to 1000
Number of Branches: 63 to 100
Number of Employees: 2193 to 2400
Account Opening Fee: Rs 600/- with first year Amc and from next year only Rs 400/-

9. HDFC Securities
Head Office: Mumbai, India
Number of Terminals: 3000 to 4000
Number of Sub Brokers: 50 to 75
Number of Branches: 80 to 100
Number of Employees: 500 to 1500
Account Opening Fee: Minimum Brokerage per order Rs 25/- for resident and NRI. Subject to ceiling of 2.5% of total traded value

10. Bajaj Capital
Head Office: Mumbai, India
Number of Terminals: 2000 to 3000
Number of Sub Brokers: 200 to 300
Number of Branches: 100 to 150
Number of Employees: 1000 to 2500
Account Opening Fee: Onetime payment of Rs 499/- and trading account with 1st year AMC and from next year it is Rs 180/- and Rs 1499/- for DEMAT