Best for
Best broker for F&O trading
Options buyers need flat ₹20/order brokerage and serious charting; sellers need margin clarity. Ranked for both.
Options pricing is flat ₹20/order at discount brokers, but STT (0.15% of premium on sell, post-2026), exchange charges on premium turnover, and GST stack fast for frequent traders. Platform quality — option chains, strategy builders, execution — separates the field.
Note the Finance Act 2026 STT hike on F&O: factor the new rates into every strategy's break-even.
Top pick
Zerodha
Match score: 81/100
- ✓Excellent charts & execution
- ✓Trading API available
Also shortlisted
Ranked by the same transparent scorer as the find-my-broker quiz (editorial rating + persona fit over live fee data) — a starting point, not advice. Verify pricing before opening an account.
FAQs
Which broker is cheapest for options?
Any flat-₹20/order discount broker for brokerage itself — the differentiator is platform quality and statutory costs, which are identical everywhere.
What changed for F&O taxes in 2026?
STT rose to 0.05% on futures sale and 0.15% on options premium. Use the brokerage calculator's F&O tabs for current break-evens.