Angel One becomes India’s second-largest stockbroker

Hyderabad: Angel One has emerged as India’s second-largest stockbroker by active clients, with 69.98 lakh clients as of October 2026, accounting for 14.97 per cent of the NSE’s total active client base of 4.67 crore, according to the exchange’s latest Report 1C.

The brokerage added 2.43 lakh net active clients during the month, reflecting continued growth in its investor base. Its overall client base rose 17.4 per cent year-on-year to 4.06 crore, crossing the four-crore mark for the first time. Gross client additions stood at 6.6 lakh, the highest in nine months.

According, Dinesh Thakkar, Founder & CMD, Angel One: “This milestone reinforces Angel One’s expanding footprint in India’s capital markets as the company continues to broaden its product suite to serve the complete financial needs of investors. From equities, mutual funds, and corporate bonds to wealth management and US stock investing, Angel One is building a comprehensive, technology-driven financial services platform.”

Dinesh further added: “The company has also emerged as the second-largest contributor to incremental SIP registrations, underscoring the growing trust retail investors place in the platform. With its diversified offerings and commitment to democratising access to investing, Angel One is well-positioned to be the one-stop destination for every investor’s financial journey.”