What is Full Service Broker and Best Full Service Broker 2022 in India

Full-Service Broker: They are an integral part of the life of investors who help an investor to buy the right shares. Full-service brokers provide important services like market analysis, share market tips, financial advisory, and money management to their clients.

If you want to understand the stock market well, then you should know about Full-Service Brokers, if you do not know who are Full-Service Brokers then there is no need to be disappointed because in today's article we will tell you We are going to tell you what is Full-Service Broker, what services do Full-Service Brokers offer and what services they do not provide and which are the 8 Best Full-Service Brokers in India.

If you read the article completely then you will get almost all types of information about Full Service Broker, so let's start without taking much of your time in today's article – What is Full-Service Broker.

What is Full-Service Broker

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1 What is Full-Service Broker

2 What Services Do Full-Service Brokers Offer?

What Services Do Full-Service Brokers Offer?

4 8 Best Full-Service Broker in India – Best Full-Service Broker In India

4.1 #1 – Sharekhan

4.2 #2 – IIFL (Indian Infoline) (IIFL)

4.3 #3 – Angle One Limited

4.4 #4 – Motilal Oswal Financial Services (Motilal Oswal)

4.5 #5 – SBICAP Securities

4.6 #6 – HDFC Securities

4.7 #7 – ICICI Direct

4.8 #8 – Kotak Securities

5 Common Questions Related to Full-Service Broker

Conclusion 6: What is a Full-Service Broker 

6.1 Related Articles 

Full-Service Broker or Full Service Broker also known as Traditional Broker is a stockbroker that provides portfolio management, financial planning, wealth management, advice, research, stock tips, Provides facilities like offline support, etc.

Due to its variety of facilities, the brokerage charges of Full Service Stock Broker are also high. When an investor opens his demat account and trading account with a full-service broker, the investor is assigned individual stock brokers or financial advisors, who give stock market tips to the investor and help him invest in the right stocks. help in decision-making.

What Services Do Full-Service Brokers Offer?

• Full-service brokers provide all the facilities like Market Insight, Research, Money Management, Trading Tips, Market Reports etc. to their clients.
• Full-service brokers also give advice to their clients to buy and sell shares.
• Full-service brokers additionally offer portfolio analysis and construction, wealth planning, tax advice, access to IPO stocks, access to overseas markets, all these services to their clients.
• Full-service brokers also act as advisors to their clients, full service brokers help investors to make the right decisions when the market is volatile.
• Full-service brokers communicate with their clients both online and offline, in case of any issues, clients can contact the broker through phone calls.

What Services Do Full-Service Brokers Offer?

• Full-service brokers do not offer any discount on brokerage charges. The various services provided by full-service brokers have higher brokerage charges as compared to discount brokers.
• Full-service brokers charge clients a specific percentage commission based on the trading transaction value. Whereas discount brokers charge a flat fee for each trade.

8 Best Full-Service Broker in India – Best Full-Service Broker In India

There are many full-service brokers in India who have been providing broker services to investors for decades. But in this article, we have told you about the 8 best full-service brokers, through which you can start investing in the stock market by opening a Demat account.

• Sharekhan
• IIFL (Indian Infoline) (IIFL)
• Angle One
• Motilal Oswal
• SBICAP Securities
• HDFC Securities
• ICICI Direct
• Kotak Securities
• Axis Direct

#1 – Sharekhan

Sharekhan is one of the 4th largest Full-Service Brokers in India based on the number of clients, which is providing the service of Brokers in India since the year 2000. At present more than 6 lakh customers are availing of the services of Sharekhan. Sharekhan is a good broker for all types of investors. Sharekhan also has a mobile trading application named Trade Tiger.

#2 – IIFL (Indian Infoline) (IIFL)

Indian Infoline or IIFL is also one of the best full-service brokers in India which was established in 1995. In IIFL, you get three different brokerage plan options Variable Brokerage, Value-Added Brokerage, and Flat Brokerage. You can choose any plan according to you. IIFL's mobile trading app is one of the best trading applications in India,

#3 – Angle One Limited

Angle One Limited which was earlier known as Angle Broking Limited. Angle One was established in 1987. Angle One is a Full-Service Broker that offers Traditional Broking as well as discount broker plans. Apart from investing in stocks and commodities, Angle One also provides services like free research, customer share recommendations, personal support, wealth management, etc. Through the mobile application of Angle One, you can easily trade in the stock market.

#4 – Motilal Oswal Financial Services (Motilal Oswal)

Motilal Oswal is one of the well-known Full-Service Brokers in India. Motilal Oswal Financial Services (MOFSL) was established in 1987. Motilal Oswal was started as a firm by Motilal Oswal and Mr. Ramdev Agarwal, within just three years Motilal Oswal became a member of BSC.

Motilal Oswal offers three types of brokerage plans to the customer Value Pack, Margin Scheme, and AMC 999 Plan. Motilal Oswal also has a mobile trading application which is also known as Motilal Oswal Mobile Trading App.

#5 – SBICAP Securities

SBI Capital Securities is operated by India's largest public sector bank State Bank of India (SBI). SBICAP provides the services of a full-service broker to investors. SBICAP was established in August 1986. SBICAP broker provides facilities like Research, Trade calls, Investing in Mutual Fund IPO, etc. to its clients.

#6 – HDFC Securities

HDFC Securities is a full-service broker which is a service of HDFC Bank itself. HDFC Securities has been providing the services of a Full-Service Broker to investors since the year 2000. This broker allows you to invest in loan products, research, digital gold, bonds, mutual funds, IPOs, etc.

HDFC Securities is counted among the top stock brokers of India. Its trading platforms are HDFC Securities App and HDFC Pro Terminal.

#7 – ICICI Direct

ICICI Direct is the largest Full-Service Broker in India with more than 15 lakh active clients. ICICI Direct is operated by ICICI Bank. ICICI provides the facility of a Direct 3-in-1 account to its customers. ICICI launched its electronic brokerage platform in the year 2000 and launched the mutual fund platform in the year 2001.

ICICI Direct provides a variety of facilities to its customers, so its Charges are also high. ICICI Direct offers three types of brokerage plans to the customers iSecure Plan, ICICI Direct Plan and Prepaid Brokerage Plan.

#8 – Kotak Securities

 Kotak Securities is also one of the best stock brokers in India, which has more than 7 lakh, active clients. Kotak Securities is the third largest stock broker in India based on the number of clients. Kotak Securities is operated by Kotak Bank. Kotak Securities was established in 1994. Like other full-service brokers, Kotak Securities also provides almost all broking services to its clients.

Common Questions Related to Full-Service Broker

What is a Traditional Broker?

Traditional brokers are called Full-Service Brokers, they are stock brokers who provide various types of services to investors like market analysis, share market tips, research, advice, offline support etc.

Who is the largest full-service broker in India?

At present, ICICI Direct is the largest Full-Service Stock Broker in India with more than 15 lakh active clients.

Conclusion: What is Full-Service Broker 

Full-Service Brokers provide a variety of services to their clients, whereas the main focus of Discount Brokers is to give discounts in trading to their clients, apart from this Discount Brokers do not provide such services to their clients.

If you are new to the stock market and want to understand the market, then Full-Service Broker is best for you as they will also give you tips on the stock market and will also help you in investing.

I hope that after reading this article, you must have understood what Full Service Broker Kya Hai and their services are. Share this article as much as possible on social media and help us to reach the right information to other people as well.