Angel One overtakes Zerodha to become India's No. 2 broker
New NSE data for October puts Angel One ahead of Zerodha by active clients for the first time. Groww is still far ahead at No. 1.

India's stockbroking league table just changed. According to NSE data for October 2026, Angel One now has about 69.98 lakh active clients, while Zerodha has about 67.59 lakh. That pushes Zerodha, long seen as the poster child of Indian discount broking, down to third place.
Angel One added roughly 2.43 lakh active users in the month. Zerodha went the other way, losing close to 33,000. Groww stays comfortably at the top with about 1.37 crore active clients after adding more than 3 lakh in October.