If you want to invest in stock in India, you must first find a stock broker whose platform you can use to buy stocks. Stock trading has been around for ages, so there is quite a selection when it comes to available brokers. However, if you are ready to do this, you should do your research and find out which are the best stock brokers in India.
We can recommend three companies to look into, so here are our suggestions, and why you should consider them.
Libertex
Libertex is the first on our list because it has some excellent benefits, such as 0% fees on stock trades. Meanwhile, the minimum deposit is only $10, or around 815 Indian rupees, which makes it pretty affordable compared to many others.
The broker offers more than 322 assets available for trading, and its interface’s user-friendliness is pretty much unmatched. With that in mind, if you are a beginner, this is the easiest broker to use, and we strongly recommend it.
Admiral Markets
Traders also choose Admiral Markets, as it offers great educational materials for new investors. Plus, it has some advanced features that are also useful for experienced users. And, even if you are inexperienced, you will quickly learn, and these advanced features will help you progress while staying on the same platform.
The broker also has premium analytics features, it is fully regulated by multiple regulatory bodies, and it is trusted by nearly 50,000 users. It also has great tools for protection from volatility, very low trading fees, and around 8,425 tradeable assets.
Saxo Bank
Lastly, we recommend checking out Saxo Bank — a multi-asset broker with a massive selection of over 60,000 tradeable instruments. The broker has been around for over 30 years, which is evidence of how trustworthy and reliable it is.
It has a user-friendly platform, but it also offers more complex order types. It is very transparent, as it publishes its average spread data every day, and it has great risk management tools. This is only scratching the surface of what it has to offer, so we recommend checking out the rest of it as well before you make a decision.