Compare brokerage charges among top brokers in India and choose the best broker in India as per your requirement. You will get "Basics of Stock Market" course worth Rs. 499 at completely free while you open trading+demat account via us. Find out the detailed comparison of brokerage charges to open account from the best and cheapest stock broker in India!
Compare stock brokerage and choose the best
"Basics of Stock Market" course worth Rs.499 free while you open account via us!
No Extra Charge
No extra charges for account openning via our website.
Kindly note that the charges mentiones here are indicative and subject to change based on the sole discretion of the brokerage company.
|Name||A/C opening charge||AMC charge||Delivery Brokerage||Intraday, F&O Brokerage||Open Account|
|Zerodha||Rs.200||Rs.300/year||ZERO||Rs.20 or 0.03% per trade (whichever is less)||Quick Link|
|UpStox||Rs.299||Rs.25/month||ZERO||Rs.20 or 0.05% per trade (whichever is less)||Quick Link|
|Angel Broking||Free||1st year Free. 2nd yr onwards Rs.20/month||ZERO||Rs.20 or 0.25% per trade(whichever is less)||Quick Link|
|Motilal Oswal||Free||Free/Rs.400||0.50% on transaction value||0.05% on transaction value||Quick Link|
|5 Paisa||Free||Rs.45/month while you trade||Rs.20 per trade||Rs.20 per trade||Quick Link|
|Sharekhan||Rs.750||1st year Free. 2nd yr onwards Rs 400||0.5%||0.1%||Quick Link|
|Groww||Free||ZERO||Rs.20 or 0.05% per trade (whichever is lower)||Rs.20 or 0.05% per trade (whichever is lower)||Quick Link|
|PayTM Money||Rs.200||ZERO||ZERO||Minimum of 0.05% or ₹10 (intraday) and a minimum of 0.02% of turnover or ₹10 per executed order for F&O||Quick Link|
|ICICI Direct||Rs.975/Free||Rs.500/year||Multiple Plans||Multiple Plans||Quick Link|
|HDFC Securities||Rs.999/Free||1st year Free. 2nd yr onwards Rs 750||0.50% or minimum Rs.25 or ceiling of 2.5% on transaction value||0.10% or minimum Rs.25 or ceiling of 2.5% on transaction value||Quick Link|
|SBI Securities||Rs.850||Rs.500/year||0.50% or 5 Paisa per share (whichever is high)||0.15% of 5 Paise per share (whichever is high)||Quick Link|
|Kotak Securities||Rs.499/Free||Rs.600/year||0.25%||Zero on Intraday, Rs.20 on F&O||Quick Link|
|Fyers||Free||ZERO||ZERO||Rs. 20 per trade or 0.03% per trade (whichever is less)||Quick Link|
Frequently Asked Questions
Which are the good stock brokers in India?
What are the documents required for opening a demat account?
The following documents are required for opening a demat account -
- PAN card.
- Aadhar Card.
- Cancelled Cheque or Bank statement.
- A scanned copy of your signatures.
- Income Proof (needed only if you want to trade in F&Os, Currency or Commodities).
Make sure that your mobile number is linked with Aadhar Card as it will be used for verification purpose; if it is not linked then you can get it linked from the nearest Aadhaar Seva Kendra. The number linked with Aadhar Card can be different than what you want to register with your broker, so even if some other number is linked with Aadhar Card, then also it will work.
What are the chances of brokers going bust?
Brokers are regulated by SEBI through their strict guidelines. Even if a broker goes bankrupt, the shares of an investor will be 100% safe because brokers don't hold the shares, shares are anyways held by depositories like CDSL or NSDL which an investor can trade later from another brokerage firm.