Skip to content
Compare

Broker guide

Best broker for intraday trading in India

Same-day trades live and die on per-order cost, execution speed and charts. Here's the data-driven ranking.

Pricing last verified 22 Sept 2026 against official sources.

Updated 22 Sept 2026 · Educational comparison, not personalised advice.

At a glance: 22 of 31 brokers qualify · 13 offer APIs · cheapest intraday brokerage from ₹0 · cheapest account opening from ₹0

Who is this guide for?

This guide is for traders who open and close positions within the same trading session and care about per-order brokerage, execution speed and intraday charting.

Intraday profitability is mostly cost control: flat ~₹20/order brokerage plus STT (0.025% sell side), exchange, GST and stamp on every leg. The ranking weights low intraday fees and trader-grade platforms.

The break-even maths is unforgiving at small size. A ₹10,000 intraday trade paying ₹20 per leg plus roughly ₹15–25 in statutory charges needs about a 0.5–0.6% favourable move just to break even — and that doubles if you use leverage and pay margin interest. This is why position sizing matters more than broker choice: the cheapest broker in this table still can't make a ₹5,000 scalp profitable.

Before scaling up, run your typical trade through the full brokerage calculator to see the break-even move — most beginners underestimate it.

TL;DR

Every broker below charges flat ₹20 or less per order, so this shortlist is really about execution speed, charting and square-off discipline. Your break-even on a ₹50k trade is roughly ₹60–80 all-in — size positions so charges stay under a tenth of expected gain.

What intraday trading should look for in a broker

  • Flat per-order intraday brokerage — compare effective ₹ at your order size, not headlines
  • Execution speed with minimal downtime during volatile opens
  • Intraday charting: timeframes, indicators and fast order placement from charts
  • Margin policies and square-off timings and charges
  • All-in round-trip cost: STT (0.025% sell side), exchange, GST and stamp on every leg

Key terms: Intraday · Brokerage · STT · Margin

The true cost of intraday trading — beyond brokerage

  • Brokerage per order, per leg — flat ₹20 or less at every broker in this table
  • STT at 0.025% on the sell side only — lower than delivery, but paid on every round-trip
  • Exchange transaction charges plus SEBI fees on turnover — identical everywhere
  • GST at 18% on brokerage plus exchange charges
  • Stamp duty on the buy side — small, identical everywhere
  • Square-off and call-and-trade charges — broker-specific extras that punish missed auto-square-offs
  • Margin interest — if you carry leveraged positions, this dwarfs brokerage; confirm rates before trading

Run your own numbers in the brokerage calculator →

Our best picks for intraday trading

Ranked by the same transparent scorer as the find-my-broker quiz — editorial rating plus persona fit over live fee data. A starting point for research, not personalised advice.

Zerodha logo

Top pick

Zerodha

Match score: 86/100

4.6/ 5

Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.

Why it fits intraday trading

  • Trader-grade platforms
  • Trading API available
  • DIY fit: low-cost, app-first
intraday brokerage
₹20 or 0.03% per order
account opening
₹0 (free)
AMC
₹0 first year, then ₹300/year

Strengths & disadvantages

What we like

  • ₹0 equity delivery brokerage
  • Simple flat ₹20 intraday/F&O pricing
  • Mature Kite web + mobile platform
  • Strong Varsity investor-education library
  • Free account opening

Watch out for

  • ₹300/year AMC after free first year
  • No research-advisory for beginners
  • Support can be slow on volatile days
Dhan logo

Pick #2

Dhan

Match score: 85/100

4.4/ 5

Active F&O and intraday traders who live in charts.

Why it fits intraday trading

  • Trader-grade platforms
  • Trading API available
  • DIY fit: low-cost, app-first
intraday brokerage
₹0 or 0.03% per order
account opening
₹0 (free)
AMC
₹0 lifetime

Strengths & disadvantages

What we like

  • Excellent options-trading and charting UX
  • Free account opening, zero AMC positioning
  • Trader-first feature velocity
  • Clean modern interface

Watch out for

  • Young broker — shorter track record
  • Advisory is light — platform-first, not full-service
  • Mutual-fund experience is secondary
Fyers logo

Pick #3

Fyers

Match score: 82/100

4.1/ 5

Active F&O and intraday traders wanting TradingView-native execution.

Why it fits intraday trading

  • Trader-grade platforms
  • Trading API available
  • DIY fit: low-cost, app-first
intraday brokerage
₹20 or 0.03% per order
account opening
₹0
AMC
₹0

Strengths & disadvantages

What we like

  • True ₹0 opening, ₹0 AMC and ₹0 MF/IPO brokerage
  • Simple ₹20 flat pricing with a full charges list
  • Strong charting, API and AI-assistant positioning

Watch out for

  • No zero-brokerage delivery leg
  • Prime subscription adds cost for casual traders
  • DP, call-and-trade and RMS extras add up

Compare the top 3 side by side →

Which brokers cover these criteria

Every broker below, scored for intraday trading on intraday brokerage, account opening, AMC plus API access, platform scores. Sort any column, filter to what matters to you.

Top 8 of 22 · click a column header to sort

  1. #1Zerodha logo

    Zerodha

    Match 86/100 · 4.6/ 5

    Intraday
    ₹20 or 0.03% per order
    Account opening
    ₹0 (free)
    AMC / year
    ₹0 first year, then ₹300/year

    ✓ Trader-grade platforms

  2. #2Dhan logo

    Dhan

    Match 85/100 · 4.4/ 5

    Intraday
    ₹0 or 0.03% per order
    Account opening
    ₹0 (free)
    AMC / year
    ₹0 lifetime

    ✓ Trader-grade platforms

  3. #3Fyers logo

    Fyers

    Match 82/100 · 4.1/ 5

    Intraday
    ₹20 or 0.03% per order
    Account opening
    ₹0
    AMC / year
    ₹0

    ✓ Trader-grade platforms

  4. #4Upstox logo

    Upstox

    Match 73/100 · 4.3/ 5

    Intraday
    ₹20 or 0.1% per order
    Account opening
    ₹0 (free)
    AMC / year
    ₹0 first year, then ₹300/year

    ✓ Trader-grade platforms

  5. #5Groww logo

    Groww

    Match 72/100 · 4.5/ 5

    Intraday
    ₹20 or 0.1% per order
    Account opening
    ₹0 (free)
    AMC / year
    ₹0

    ✓ Trader-grade platforms

  6. #6HDFC Sky logo

    HDFC Sky

    Match 72/100 · 4.1/ 5

    Intraday
    ₹20 or 2.5% per order
    Account opening
    FREE (Sky)
    AMC / year
    ₹0 for 1st year (Sky)

    ✓ Trader-grade platforms

  7. #7Kotak Securities logo

    Kotak Securities

    Match 72/100 · 4.1/ 5

    Intraday
    ₹0 first 30 days, then ₹10 or 0.05%
    Account opening
    ₹0 (free)
    AMC / year
    ₹0 (BSDA holdings up to ₹4L)

    ✓ Trader-grade platforms

  8. #8Nuvama logo

    Nuvama

    Match 71/100 · 4.1/ 5

    Intraday
    ₹20 per order (Lite Plus)
    Account opening
    Rs.0 (free account opening)
    AMC / year
    1st year free, then ₹300/year (Lite Plus)

    ✓ Trading API available

Showing 22 of 31 brokers — brokers without flat ₹20-or-less intraday pricing are left out — percentage plans can't be compared per-order Show all 31 brokers →

Our take

For intraday, the shortlist is really about execution, not price — every broker in this table charges a flat ₹20 or less per order, so the remaining differences are charting speed, downtime record and square-off policies. Brokers on percentage plans are excluded because their cost scales with your order size; if you trade tiny (a few thousand rupees), verify their slabs separately. Never pick an intraday broker on brokerage alone without checking its margin square-off timings and charges.

How we compare brokers

Every broker is scored by the same transparent scorer as the find-my-broker quiz — editorial rating plus persona fit over live fee data. The comparison for this guide considers:

  • Intraday brokerage (effective ₹ at a ₹50k order size)
  • Platform score (execution, charting, reliability)
  • Editorial rating

Labels like “lowest” are computed from the fee figures in the table above — never assigned by hand. Verify pricing on the official site before opening an account.

FAQs

What matters most in an intraday broker?

Low flat per-order brokerage, fast execution with minimal downtime, good charting, and sensible margin policies.

How much do charges eat into intraday profits?

Often ₹40–60+ per round-trip order all-in. On small trades that can exceed the profit — size positions so charges stay under ~10% of expected gain.

What charges should I compare before choosing a broker?

Intraday brokerage per order, STT, exchange transaction charges, SEBI fees, GST, stamp duty and any square-off or call-and-trade charges.

Is ₹20 brokerage per order or per lot?

Per order at discount brokers: one intraday buy or sell order costs ~₹20 in brokerage plus STT (0.025% sell side), exchange, GST and stamp — a round trip runs roughly ₹40–60+ all-in. Per-lot pricing is a different model some full-service brokers use for F&O; it punishes frequency.

Which is better for intraday — Zerodha, Upstox or Angel One?

All three charge flat per-order intraday brokerage, so shortlist on execution speed, charting and square-off policies instead. Compare their intraday rows plus platform scores in the table above, and check each broker's review for downtime history.

Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.