One of the way to identify the Top brokers of India is find out the number of clients actively trading with them along with the number of complaints received. This is the way to rank the Stock brokers who have maximum number of active clients and least number of complaints. As per the data published by leading exchange National Stock Exchange, the figures for FY2015-16, updated as on 31 Jan 2016 are as follows
| Broker Name | Number of Active Cleints | No. of Complaints filed with NSE | Resolved through exchange or IGRC |
| ICICI SECURITIES LIMITED | 5,65,395 | 128 | 120 |
| HDFC SECURITIES LTD. | 3,97,932 | 65 | 64 |
| SHAREKHAN LTD. | 3,41,178 | 130 | 119 |
| INDIA INFOLINE LTD. | 2,67,917 | 207 | 194 |
| KOTAK SECURITIES LTD. | 2,54,960 | 110 | 97 |
| GEOJIT BNP PARIBAS FINANCIAL SERVICES LIMITED | 1,75,293 | 29 | 28 |
| KARVY STOCK BROKING LTD. | 1,71,061 | 160 | 151 |
| ANGEL BROKING PRIVATE LIMITED | 1,70,568 | 214 | 195 |
| MOTILAL OSWAL SECURITIES LTD. | 1,66,261 | 93 | 88 |
| AXIS SECURITIES LIMITED | 1,59,776 | 23 | 23 |
| SBICAP SECURITIES LIMITED | 1,26,247 | 57 | 56 |
| RELIGARE SECURITIES LTD. | 1,23,148 | 97 | 92 |
| RELIANCE SECURITIES LIMITED | 1,00,092 | 47 | 42 |
| EDELWEISS BROKING LIMITED | 78,559 | 96 | 86 |
| SMC GLOBAL SECURITIES LTD. | 64,576 | 73 | 68 |
| NIRMAL BANG SECURITIES PVT. LTD. | 61,999 | 88 | 77 |
| ANAND RATHI SHARE AND STOCK BROKERS LIMITED | 58,744 | 37 | 34 |
| VENTURA SECURITIES LTD. | 58,477 | 44 | 42 |
| ZERODHA | 53,540 | 15 | 12 |
| ADITYA BIRLA MONEY LIMITED | 40,086 | 39 | 37 |
