Who is the oldest stock broker in India? How many stock brokers are there in India and which one is the oldest?

Which is the oldest broker in India? Is it active now? Can traders make a demat account in it? Are there some facts that say it is also the best one in India?
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Short Answer

Geojit is the one of the oldest stock brokers in India . It was established in 1987 and continue to be ranked among investors.

Detailed Answer

Stock Broker is the common term if you are into the stock market. A stock broker is a middleman with the power to purchase and sell shares of stock and other securities on a stock exchange on behalf of investors. We currently have more than 300 registered stockbrokers, but have you ever wondered who is the oldest stockbroker in India? Let's find out that.

Who is the oldest stock broker in India?

Initially, stock brokers were people who would match up two opposing parties before executing orders. However, now the scenario has changed, the orders get executed with one click without having to go into the physical market.

Out of the more than 300 stock brokers registered with SEBI today, Geojit is the oldest stock broker in India. It was established in 1987 and is still at the top of investors' lists.

The company integrated the first bank payment gateway in 2000, making it the first stockbroker in the nation to offer Internet trading. It introduced mobile device trading for the first time in India in 2010.

There are some places wherein you will find Parasram to be the oldest stock broker in India. Parasram started way back in 1994 and investors are very happy with its trustworthy services.

Many don’t know that it was the broker that initiated the internet trading facility. They started the internet based payment gateway. Years later they also began the mobile trading option. In short they are internet trading. Pioneers.

Currently, they have their services of MFs advise, investment platforms as well as QFI investment services. They have over 300 stock brokers with them, properly licensed from SEBI.

Oldest Stock Broker in India

Geojit is the oldest stock broker in India and was the first to offer Internet trading. Currently, Geojit has also launched its Mutual Funds advisory and investment platform as well as its Qualified Foreign Investors (QFI) investment service, making it one of the best platforms for investors.

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