Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Broker review
Jainam Broking review
Legacy full-service house with a ₹20 DIY rail
3.7/ 5App: 4.0/5
- Since 2003
- Delivery ₹20/order (DIY)
- AMC ₹0 AMC
Open an account with Jainam BrokingCompare Jainam Broking →SEBI-registered stockbroker | Member: NSE, BSE, MCX, NCDEX, MSEI | DP: CDSL
Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test
Fees & pricing4.2
Trading platforms3.8
Customer support3.9
Research & education4.0
Ease of opening3.7
Overview
Surat-based broker with 22+ years, an institutional desk and PMS, now offering a DIY discount rail at ₹20 per order with zero AMC and zero API charges.
Best for: Investors wanting a legacy broker with a cheap online rail plus research.
Pros & cons
What we like
- Zero AMC and zero API charges with DIY ₹20 orders
- Full stack: research, Wealth Basket, MTF, bonds, PMS
- Exchange pedigree across commodity and equity
Watch out for
- No segment-wise or DP tariff on official pages — confirm first
- Legacy UX versus new-age apps
- Unexplained 0%-brokerage asterisk on the DIY page
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- Free paperless account✓ Verified 14/9/2026Source: Jainam DIY demat page · Static-verified
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- ₹0 AMC✓ Verified 14/9/2026Source: Jainam DIY demat page · Static-verified
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- ₹20/order (DIY)✓ Verified 14/9/2026Source: Jainam DIY demat page · Static-verified
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- ₹20/order (DIY)✓ Verified 14/9/2026Source: Jainam DIY demat page · Static-verified
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹20/order (DIY)✓ Verified 14/9/2026Source: Jainam DIY demat page · Static-verified
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- ₹20/order (DIY)✓ Verified 14/9/2026Source: Jainam DIY demat page · Static-verified
Source & freshness
- Source
- Each broker's official pricing page (per-row source links above)
- Timeliness
- Static-verified
- Verified
- 14/9/2026
- Method
- reported
- Note
- Re-checked against official pages; unverified rows show Confirming. Never a live tick.
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOIPO + MF/SIP supported
- ✓ Yes
- US stocks
- —
- Trading APIZero API charges
- ✓ Yes
Platforms & features
platforms
- Mobile app✓ · JLite app + JPlus backoffice
investing
- IPO investing✓ · IPO + MF/SIP supported
trading
- Charting✓ · TradingView + screeners
- Trading API✓ · Zero API charges
research
- Research & advisory✓ · Research + Wealth Basket service
support
- Customer support✓ · Phone + email
Support & company
Customer support
Phone + email
Company facts
- Founded
- 2003
- Regulation
- SEBI-registered stockbroker | Member: NSE, BSE, MCX, NCDEX, MSEI | DP: CDSL
Credible hybrid, but insist on a written segment and DP schedule before funding.
How to open a Jainam Broking account
Start your application
Open the Jainam Broking signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
Where does Jainam Broking rank for your style?
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Brokerage history
No price changes recorded since tracking began — current fees verified 14/9/2026. How monthly tracking works →
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.
Open an account with Jainam Broking
Official site — pricing varies by plan, verify before acting.