Zerodha
India's largest stockbroker by client base
Delivery: ₹0
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Directory
Every broker below carries a live fee table with sources and verification dates. Filter by cost, search by name, and open any review for the full breakdown.
India's largest stockbroker by client base
Delivery: ₹0
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Beginner-friendly investing super-app
Delivery: ₹20 or 0.1% per order
Best for: Beginners and mutual-fund investors who want one simple app for everything.
Compare Groww with others →Trader-focused app with deep TradingView integration
Delivery: ₹0
Best for: Active F&O and intraday traders who live in charts.
Compare Dhan with others →Low-cost broker with fast trading tools
Delivery: ₹20 per order
Best for: Mobile-first traders and developers who use trading APIs.
Compare Upstox with others →Full-service broker turned flat-fee app
Delivery: ₹0 first 30 days, then ₹20 or 0.1%
Best for: Investors who want occasional research input without full-service brokerage rates.
Compare Angel One with others →Kotak's Neo plans: flat ₹10 F&O with bank trust
Delivery: ₹0 first 30 days, then 0.20%
Best for: Kotak-linked active traders wanting flat ₹10 orders with bank backing.
Compare Kotak Securities with others →Flat-₹20 trading rail from HDFC Securities
Delivery: ₹20 or 2.5% per order
Best for: Cost-aware traders wanting HDFC trust with flat per-order pricing.
Compare HDFC Sky with others →PhonePe's broking arm: nil AMC, ₹10 F&O
Delivery: ₹20 or 0.1% per order (min ₹2)
Best for: PhonePe users wanting low flat brokerage with research baskets.
Compare Share.Market with others →Trader-first flat ₹20 with TradingView-native charts
Delivery: ₹20 or 0.3% per order
Best for: Active F&O and intraday traders wanting TradingView-native execution.
Compare Fyers with others →Flat ₹20 execution or advisory-led Elite
Delivery: ₹20 per order (Lite Plus)
Best for: Traders wanting flat execution or HNI-style RM service.
Compare Nuvama with others →Budget flat-fee broker from the IIFL group
Delivery: ₹20 per order
Best for: Budget investors who want the lowest headline fees and can self-serve.
Compare 5paisa with others →Full-service InvestRight with research and advisory
Delivery: 0.50% per leg (min Rs.25, ceiling 2.5%; NRI 0.75%)
Best for: HDFC Bank customers wanting research, advisory and human support.
Compare HDFC Securities with others →SBI's slab menu headlined by lifetime-zero ProZero intraday
Delivery: 20% (Suvidha)
Best for: SBI-aligned traders wanting lifetime zero intraday with branch backup.
Compare SBI Securities with others →Research-backed full-service broking since 1987
Delivery: 0.20%
Best for: Long-term investors wanting research plus a legacy broker relationship.
Compare Motilal Oswal with others →Full-service investing with free research, now Mirae Asset-backed
Delivery: 0.30% (min 1 paisa/share)
Best for: Investors wanting assisted trading with free research.
Compare Sharekhan with others →Mirae Asset's flat-₹10 ticket for cost-obsessed traders
Delivery: ₹10 per order
Best for: Cost-sensitive high-frequency traders preferring a ₹10 ticket.
Compare m.Stock with others →₹10 flat F&O on a speed-obsessed single screen
Delivery: ₹10 or 0.05% per order
Best for: Active intraday and options scalpers chasing the lowest flat F&O cost.
Compare Sahi with others →Veteran flat-fee pick with genuinely free APIs
Delivery: ₹20 or 2.5% per order
Best for: F&O and algo traders wanting cheap flat brokerage with free APIs.
Compare Alice Blue with others →Bank-backed 3-in-1 broker with Prime slab pricing
Delivery: 0.07%–0.22% (Prime slabs)
Best for: Existing ICICI Bank customers who will buy a Prime slab for lower rates.
Compare ICICI Direct with others →Advisory-led broking with flexible volume plans
Delivery: 0.30% online (0.50% offline)
Best for: Investors wanting advisory plus a volume-linked F&O plan.
Compare Geojit with others →JM Financial's next-gen app: ₹20 pay-go or subscription zero
Delivery: ₹20 per order (Pay-per-order)
Best for: Options and F&O traders who stay inside subscription limits.
Compare BlinkX with others →Flat ₹20 trading with research-backed tools
Delivery: ₹20 or 2.5% per order
Best for: Derivatives traders wanting Indian plus US equities in one account.
Compare SAMCO with others →Tiered lifetime plans from 0.50% down to 0.07% delivery
Delivery: 0.50% (Prosperity lifetime)
Best for: High-volume Axis Bank customers willing to prepay a lifetime tier.
Compare AxisDirect with others →Advisory-led wealth across equities, MF and debt
Delivery: 0.15% (Digital plan)
Best for: Investors wanting one advisory relationship across products.
Compare Anand Rathi with others →Bajaj-backed broking: ₹10 Pro or ₹20 Freedom
Delivery: ₹20/order Freedom · ₹10/order Pro
Best for: Bajaj-ecosystem users trading enough to justify Pro.
Compare Bajaj Broking with others →Full-service research house with zero delivery brokerage
Delivery: Zero brokerage
Best for: Long-term delivery investors wanting free delivery plus research.
Compare Arihant Capital with others →Flat ₹15 Power Plan from a 30-year VNS Finance lineage
Delivery: Rs.15 per order (Power plan; new accounts default here)
Best for: Active traders wanting sub-₹20 flat brokerage.
Compare TradeSmart with others →Legacy full-service house with a ₹20 DIY rail
Delivery: ₹20/order (DIY)
Best for: Investors wanting a legacy broker with a cheap online rail plus research.
Compare Jainam Broking with others →YES Bank's OMNI broker: free opening, low monthly AMC
Delivery: 0.45% per leg (Invest Value/default plan; Fixed/Premia 0.35%/0.40%)
Best for: YES Bank customers wanting a low-AMC account who will negotiate a plan.
Compare Yes Securities with others →Full-service broking with prepaid flat-rate options
Delivery: RM plan 0.03% (min Rs.20, max 2.5%); Trade20 Rs.20/order; Trade5 Rs.5/order + Rs.3999 + GST p.a.
Best for: Cost-aware full-service users who can commit to a prepaid plan.
Compare Aditya Birla Money with others →₹11 flat per order across every segment
Delivery: 2.5% or ₹11 per order
Best for: Cost-obsessed all-segment traders wanting one flat plus algo tools.
Compare Indiabulls Securities with others →Ranked by the same transparent scorer as the find-my-broker quiz — pick your profile.
Best broker for long-term investors
Buy-and-hold wealth is built on ₹0 delivery brokerage, zero-fee direct mutual funds, and a platform you'll still like in ten years.
Best broker for active traders
Frequent buy-and-sell across segments needs low flat per-order costs, fast platforms and reliable charting. Ranked on all three.
Best broker for intraday trading
Same-day trades live and die on per-order cost, execution speed and charts. Here's the data-driven ranking.
Best broker for futures trading
Futures traders need flat per-order brokerage, margin transparency and platforms that handle leveraged positions. Ranked for all three.
Best broker for F&O trading
Options buyers need flat ₹20/order brokerage and serious charting; sellers need margin clarity. Ranked for both.
Best broker for beginners
First demat account? You want ₹0 delivery, painless onboarding, and an app that doesn't assume you know what a candlestick is.
Best broker for mutual-fund investors
Direct plans, SIP automation and zero commission: ranked for hands-off compounding.
Best broker for ETF investors
ETFs trade like shares, so delivery brokerage, AMC and a clean buy flow decide the ranking — with SIP options compared.
Best broker for IPO investors
IPO allotments run on UPI mandates, so application ease, UPI-IPO support and alerts decide this ranking.
Best broker for algo traders
APIs, websockets, historical data and execution reliability — ranked for automation-first traders.
Best broker for NRI investors
NRE/NRO support, PIS handling and a real NRI desk — ranked for Indians investing from abroad.
Best broker for students
Learning on small trades? Free account opening, zero delivery and zero-cost mistakes — ranked for student investors.
Best broker for retirees
Monthly income over maximum return: direct mutual funds, SWP support and human help — ranked for retirement investing.
Best broker for US stock investors
Apple, Nvidia and S&P 500 ETFs from India: LRS funding, TCS, forex and withholding decide the real cost — ranked for Indians buying US stocks.
Order types, margin, settlement, demat plumbing — explained in plain English.
Ratings weigh pricing transparency, platform reliability, support quality and cost for typical investors — not affiliate payouts. Read the full methodology.