Top 5 Full Service Brokers offering Best Trading Platform in India

Top 5 Full Service Brokers offering Best Trading Platform in India

Top 5 Full-Service Brokers are ranked based on technical features of the platform (charts, intraday & OHLC data, indicators and advance orders), technical glitch, user interface etc.

Scroll down to know brief information about the broker:

Rank Broker Name
1 ICICI Direct
2 Sharekhan
3 IIFL
4 Angel Broking
5 HDFC Securities

ICICI Direct is a full-service broker established in 2000 headquartered in Mumbai, they are depository participant of NSDL & CDSL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
  • Fixed Deposits
ICICI Direct Pros Cons
ICICI Direct - Mobile

Portfolio Tracker.

Market movement’s tracker.

Need to focus more on app development.

Lack of updates.

Poor user interface.

Trade Racer - Web

It can be used flexibly in mobile, computer, etc.

Tips based on Technical and Fundamental analysis.

Not suitable for beginner traders.

Average User interface.

Trade Racer - Desktop

Trend Scanner – Find price trends (direction of price movement) for a

Through Live Scanner find New Highs and New Lows for a stock for multiple timeframes like (daily, weekly, monthly).

With Market Tracker option, you can spot real-time trading opportunities conveniently by customizing preferred technical parameters like:

With Market Tracker option, you can spot real-time trading opportunities by customizing technical parameters like:

  1. Pivot Levels
  2. Charts
  3. Corporate Announcements.
  4. Heat Maps.
  5. Moving Averages.
  6. Market Depth.
  7. Global Indices etc.

Frequently used widgets can be accessed easily using the icon bar.

    Very frequent updates.

    Lag in opening charts.

Sharekhan is a full-service broker established in 2000, headquartered in Mumbai. They are depository participant of NSDL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
Sharekhan Pros Cons
Sharekhan Mobile

Enter your investment purpose like children marriage or and you will get fund recommendations through Robo advisor that best suits your purpose.

Access various advanced charts like Candlesticks, Bar, Renko, etc. with multiple time frames ranging from 1minute to 1 year.

Also invest in IPO’s, SIP’s, etc.

The app is not very smooth, hangs frequently.

Login issues.

Not customizable.

Sharekhan Web

My portfolio feature enables in depth details on traders investments.

Provides Neo a robo advisory feature that provides automated recommendations.

Speed is decent but can be improved.

Trade Tiger - Desktop

Use price alert feature to track a stock if it crosses a required price level.

With oneclick feature, you can select a predetermined condition like highest gainers, highest losers, etc. and get the list of stocks.

Use stock scanner function to scrutinize stocks as per your requirement. It also has predetermined scanners.

Use bulk order feature to place multiple orders with a single click.

Use heat maps to get overview of stocks easily with customized colors.

Use news and events feature to keep yourself updated with the news.

Not available for mac and linux operating system.

Very slow.

Not user friendly.

IIFL is a full-service broker established in 2000 headquartered in Mumbai, they are depository participant of CDSL and tehy offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
  • Fixed Deposits
IIFL Pros Cons
IIFL Mobile

Use price alerts feature to track a stock if it crosses a required level.

Free research report of top 500 companies listed in NSE and BSE.

Easy access to IPO’s.

Access to live news.

Live trading tips backed with research for equity, commodity, currency and F&O

Price alert issues.

Charting issues.

Server issues.

IIFL Trading Terminal - Desktop/Web

Two-factor authentication login.

Use options calculator to calculate annual interest, strike price, delta, gamma, theta etc.

Create strategies of your own and see them perform in live markets and optimize the strategy as you like based on its performance.

Live news access through ET Now.

Plenty of complaints about the platform.

Angel Broking is a full-service broker established in 1987 headquartered in Mumbai, they are depository participant of NSDL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
Angel Broking Pros Cons
Angel Broking Mobile

Use ARQ an automated advisory.

Use 40+ technical charts for a detailed analysis of a stock.

The app is frequently updated.

High-spee

Requires High-Speed internet.

Login issues.

Average User interface.

Angel Broking Web

Provides timely updates with research reports.

ARQ an automated investment gives personalized advisory offering index beating returns.

Customizable notifications and alerts

Has multiple advanced charts and technical indicators.

Features are limited.

Average User Interface

Website is not compatible with browsers like internet explorer

Angel Speed Pro - Desktop

Application auto-updates to ensure smooth functioning.

Can be customized according to a trader’s need.

Latest business news, Fundamental stock data.

Provides 60+ technical charts.

Average user interface.

Does not support Mac and Linux operating software.

Requires higher processing systems.

HDFC Securities is a full-service broker established in 2000 headquartered in Mumbai, they are depository participant of NSDL & CDSL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
HDFC Securities Pros Cons
HDFC Securities Mobile

Access to trending investing ideas.

Access to stock details with just a single click.

Advanced charting features.

Customizable notifications

Average user interface.

Login issues.

Average speed performance.

HDFC Securities Web

Sentimental analysis looks at market trends and gives analyses accordingly.

Predictive data analysis provides market and news analysis for decision making.

8 different advanced charts

Good user interface

It is a paid platform.

Not suitable for browsers like internet explorer.

Requires high-speed internet.

Blink - Desktop

Shortcut keys for faster trading.

Has advanced charting facilities.

High-speed performance.

Can be customized according to traders need.

Needs high processor system to operate smoothly..

Does not support Linux operating systems.

Not suitable for beginners.





GET LATEST OFFERS!
  • First 25 Trades Free!
  • 100% Free Demat Account!
  • 90% Brokerage Saving
  • 10-40 Times Extra Margin