Whether you are new to the share market or an experienced investor, the biggest question is which broker is right to open an account? Fresh data of 2025 has arrived and we have brought the latest list of India’s Largest Brokers. In this, you will get a clear idea of how many active clients are there on which broker.
This list will help you choose a trusted and reliable broker.
India’s Largest Brokers 2025 Overview
Below you will find the latest list based on active clients of June 2025. There is no surprise in the top 3 – Groww, Zerodha and AngelOne.
| Rank | Brokerage Firm | Active Clients (Lakh) |
| 1 | Groww | 125.80 |
| 2 | Zerodha | 75.85 |
| 3 | Angel One | 73.20 |
| 4 | Upstox | 25.71 |
| 5 | Kotak Securities | 14.57 |
Pros and Cons
Pros:
- Data based on official active clients, so it is reliable.
- Easy to pick top brokers for opening account.
- Large client base means better service and trust factor.
Cons:
- Data of small brokers is very less.
- There is only data of active clients, not of service quality.
