Zerodha
India's largest stockbroker by client base
4.6/ 5
Delivery: ₹0
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Directory
Best stock brokers in India
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.
32 results
Groww
Beginner-friendly investing super-app
4.5/ 5
Delivery: ₹20 or 0.1% per order
Best for: Beginners and mutual-fund investors who want one simple app for everything.
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Dhan
Trader-focused app with deep TradingView integration
4.4/ 5
Delivery: ₹0
Best for: Active F&O and intraday traders who live in charts.
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Upstox
Low-cost broker with fast trading tools
4.3/ 5
Delivery: ₹20 per order
Best for: Mobile-first traders and developers who use trading APIs.
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Angel One
Full-service broker turned flat-fee app
4.2/ 5
Delivery: ₹0 first 30 days, then ₹20 or 0.1%
Best for: Investors who want occasional research input without full-service brokerage rates.
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Kotak Securities
Kotak's Neo plans: flat ₹10 F&O with bank trust
4.1/ 5
Delivery: ₹0 first 30 days, then 0.20%
Best for: Kotak-linked active traders wanting flat ₹10 orders with bank backing.
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HDFC Sky
Flat-₹20 trading rail from HDFC Securities
4.1/ 5
Delivery: ₹20 or 2.5% per order
Best for: Cost-aware traders wanting HDFC trust with flat per-order pricing.
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Share.Market
PhonePe's broking arm: nil AMC, ₹10 F&O
4.1/ 5
Delivery: ₹20 or 0.1% per order (min ₹2)
Best for: PhonePe users wanting low flat brokerage with research baskets.
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Fyers
Trader-first flat ₹20 with TradingView-native charts
4.1/ 5
Delivery: ₹20 or 0.3% per order
Best for: Active F&O and intraday traders wanting TradingView-native execution.
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Nuvama
Flat ₹20 execution or advisory-led Elite
4.1/ 5
Delivery: ₹20 per order (Lite Plus)
Best for: Traders wanting flat execution or HNI-style RM service.
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5paisa
Budget flat-fee broker from the IIFL group
4.0/ 5
Delivery: ₹20 per order
Best for: Budget investors who want the lowest headline fees and can self-serve.
Compare 5paisa with others →HDFC Securities
Full-service InvestRight with research and advisory
4.0/ 5
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.
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SBI Securities
SBI's slab menu headlined by lifetime-zero ProZero intraday
4.0/ 5
Delivery: 20% (Suvidha)
Best for: SBI-aligned traders wanting lifetime zero intraday with branch backup.
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Motilal Oswal
Research-backed full-service broking since 1987
4.0/ 5
Delivery: 0.20%
Best for: Long-term investors wanting research plus a legacy broker relationship.
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Sharekhan
Full-service investing with free research, now Mirae Asset-backed
4.0/ 5
Delivery: 0.30% (min 1 paisa/share)
Best for: Investors wanting assisted trading with free research.
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m.Stock
Mirae Asset's flat-₹10 ticket for cost-obsessed traders
4.0/ 5
Delivery: ₹10 per order
Best for: Cost-sensitive high-frequency traders preferring a ₹10 ticket.
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Sahi
₹10 flat F&O on a speed-obsessed single screen
4.0/ 5
Delivery: ₹10 or 0.05% per order
Best for: Active intraday and options scalpers chasing the lowest flat F&O cost.
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Alice Blue
Veteran flat-fee pick with genuinely free APIs
4.0/ 5
Delivery: ₹20 or 2.5% per order
Best for: F&O and algo traders wanting cheap flat brokerage with free APIs.
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ICICI Direct
Bank-backed 3-in-1 broker with Prime slab pricing
3.9/ 5
Delivery: 0.07%–0.22% (Prime slabs)
Best for: Existing ICICI Bank customers who will buy a Prime slab for lower rates.
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Geojit
Advisory-led broking with flexible volume plans
3.9/ 5
Delivery: 0.30% online (0.50% offline)
Best for: Investors wanting advisory plus a volume-linked F&O plan.
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BlinkX
JM Financial's next-gen app: ₹20 pay-go or subscription zero
3.9/ 5
Delivery: ₹20 per order (Pay-per-order)
Best for: Options and F&O traders who stay inside subscription limits.
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SAMCO
Flat ₹20 trading with research-backed tools
3.9/ 5
Delivery: ₹20 or 2.5% per order
Best for: Derivatives traders wanting Indian plus US equities in one account.
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AxisDirect
Tiered lifetime plans from 0.50% down to 0.07% delivery
3.8/ 5
Delivery: 0.50% (Prosperity lifetime)
Best for: High-volume Axis Bank customers willing to prepay a lifetime tier.
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Anand Rathi
Advisory-led wealth across equities, MF and debt
3.8/ 5
Delivery: 0.15% (Digital plan)
Best for: Investors wanting one advisory relationship across products.
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Bajaj Broking
Bajaj-backed broking: ₹10 Pro or ₹20 Freedom
3.8/ 5
Delivery: ₹20/order Freedom · ₹10/order Pro
Best for: Bajaj-ecosystem users trading enough to justify Pro.
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Arihant Capital
Full-service research house with zero delivery brokerage
3.8/ 5
Delivery: Zero brokerage
Best for: Long-term delivery investors wanting free delivery plus research.
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TradeSmart
Flat ₹15 Power Plan from a 30-year VNS Finance lineage
3.8/ 5
Delivery: Rs.15 per order (Power plan; new accounts default here)
Best for: Active traders wanting sub-₹20 flat brokerage.
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Jainam Broking
Legacy full-service house with a ₹20 DIY rail
3.7/ 5
Delivery: ₹20/order (DIY)
Best for: Investors wanting a legacy broker with a cheap online rail plus research.
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Yes Securities
YES Bank's OMNI broker: free opening, low monthly AMC
3.7/ 5
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.
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Aditya Birla Money
Full-service broking with prepaid flat-rate options
3.7/ 5
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.
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Indiabulls Securities
₹11 flat per order across every segment
3.6/ 5
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 →JioBlackRock Broking
Jio × BlackRock JV broker — SEBI licence Jun 2025, launch awaited
Not rated yet
Best for: Investors tracking the Jio-BlackRock entry; no account can be opened yet.
Compare JioBlackRock Broking with others →All 32 brokers' charges in one table: delivery, intraday, F&O, AMC side by sideFriction index: who's easiest to open an account with, rankedIPO calendar: open, upcoming & listed issues, plus UPI-IPO broker support
Best broker for you
Ranked by the same transparent scorer as the find-my-broker quiz. Pick your profile. Top pick shown per guide, computed live, never hand-picked.
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.
Top pick: Zerodha · 91/100
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.
Top pick: Zerodha · 91/100
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.
Top pick: Zerodha · 86/100
Best broker for futures trading
Futures traders need flat per-order brokerage, margin transparency and platforms that handle leveraged positions. Ranked for all three.
Top pick: Zerodha · 86/100
Best broker for F&O trading
Options buyers need flat ₹20/order brokerage and serious charting; sellers need margin clarity. Ranked for both.
Top pick: Zerodha · 86/100
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.
Top pick: Arihant Capital · 82/100
Best broker for mutual-fund investors
Direct plans, SIP automation and zero commission: ranked for hands-off compounding.
Top pick: Angel One · 85/100
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.
Top pick: Zerodha · 91/100
Best broker for IPO investors
IPO allotments run on UPI mandates, so application ease, UPI-IPO support and alerts decide this ranking.
Top pick: Zerodha · 85/100
Best broker for algo traders
APIs, websockets, historical data and execution reliability — ranked for automation-first traders.
Top pick: Zerodha · 91/100
Best broker for NRI investors
NRE/NRO support, PIS handling and a real NRI desk — ranked for Indians investing from abroad.
Top pick: Arihant Capital · 82/100
Best broker for students
Learning on small trades? Free account opening, zero delivery and zero-cost mistakes — ranked for student investors.
Top pick: Zerodha · 91/100
Best broker for retirees
Monthly income over maximum return: direct mutual funds, SWP support and human help — ranked for retirement investing.
Top pick: Angel One · 85/100
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.
Top pick: Zerodha · 91/100
Best broker FAQs
Short answers for the most-searched questions, each naming the current #1 from the scorer above.
Which broker is best for f&o trading?
Our scorer currently ranks Zerodha first for f&o trading (match 86/100: options brokerage ₹20 per order), on verified pricing and platform fit. The full top 10 with fee tables is in the Best broker for F&O trading guide: "best" depends on your style, so start there, not here.
Which broker is best for intraday trading?
Our scorer currently ranks Zerodha first for intraday trading (match 86/100: intraday brokerage ₹20 or 0.03% per order), on verified pricing and platform fit. The full top 10 with fee tables is in the Best broker for intraday trading guide: "best" depends on your style, so start there, not here.
Which broker is best for long-term investors?
Our scorer currently ranks Zerodha first for long-term investors (match 91/100: delivery brokerage ₹0), on verified pricing and platform fit. The full top 10 with fee tables is in the Best broker for long-term investors guide: "best" depends on your style, so start there, not here.
Which broker is best for mutual-fund investors?
Our scorer currently ranks Angel One first for mutual-fund investors (match 85/100: account opening ₹0 (free)), on verified pricing and platform fit. The full top 10 with fee tables is in the Best broker for mutual-fund investors guide: "best" depends on your style, so start there, not here.
Which broker is best for beginners?
Our scorer currently ranks Arihant Capital first for beginners (match 82/100: account opening Free demat account), on verified pricing and platform fit. The full top 10 with fee tables is in the Best broker for beginners guide: "best" depends on your style, so start there, not here.
Which broker is best for ipo investors?
Our scorer currently ranks Zerodha first for ipo investors (match 85/100: account opening ₹0 (free)), on verified pricing and platform fit. The full top 10 with fee tables is in the Best broker for IPO investors guide: "best" depends on your style, so start there, not here.
New to trading terms?
Order types, margin, settlement, demat plumbing, explained in plain English.
How we rank brokers
Ratings weigh pricing transparency, platform reliability, support quality and cost for typical investors, not affiliate payouts. Read the full methodology.
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.