FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Stock trading or equity trading is one of the most popular segments. Whether you are a trader or an investor, you will be interested to know the best brokers for stock trading and investing in India. Compare the equity trading brokerage charges of different brokers and find out the most popular brokers for stock trading.
Equity trading, as the name implies, means buying and selling shares of a company. Every broker affiliated to the BSE and NSE allows its clients to trade in shares of listed companies.
When a beginner enters the world of stock market, he first starts trading and investing in stocks or shares. If you have an active trading and demat account with a registered stock broker, you can trade in the stock market. Your broker will charge a brokerage fee for stock trading.
Trading in stocks can be done via;
Although the cheapest or lowest broker is the most important factor, there are other factors that cannot be avoided when choosing the best broker for trading stocks. The list includes;
Also check,
Best brokers for intraday trading
Here we have provided a list of top discount brokers that charge their clients the lowest brokerage fees for stock trading. All recommended stock brokers follow a flat fee model and charge a flat brokerage fee per trade executed, regardless of the amount you trade. This plan helps traders and investors save huge brokerage costs.
Before opening an account with a discount broker, check the brokerage fees in the different segments and read the full review to know the stock trading features available.
Broker | Brokerage | Brokerage per order | Review | Request Callback |
---|---|---|---|---|
Zerodha | Equity Delivery:Free Equity Intraday:0.03% or Rs 20 whichever is lower Futures:0.03% or Rs 20 whichever is lower Options:Flat Fee Rs 20 | Rs 20 | ![]() | Open Account ![]() |
ProStocks | Equity Delivery:Free Equity Intraday:Flat Fee Rs 15 Futures:Flat Fee Rs 15 Options:Flat Fee Rs 15 | Rs 15 | ![]() | Open Account ![]() |
Paytm Money | Equity Delivery:2.5% or Rs 20 whichever is lower Equity Intraday:0.05% or Rs 20 whichever is lower Futures:0.02% or Rs 20 whichever is lower Options:Flat Fee Rs 20 | Rs 20 | ![]() | Open Account ![]() |
Nuvama Wealth | Equity Delivery:Flat Rs. 10 per executed order Equity Intraday:Flat Rs. 10 per executed order Futures:Flat Rs. 10 per executed order Options:Flat Rs. 10 per executed order | Rs 10 | ![]() | Open Account ![]() |
5paisa | Equity Delivery:Flat Fee Rs 20 Equity Intraday:Flat Fee Rs 20 Futures:Flat Fee Rs 20 Options:Flat Fee Rs 20 | Rs 20 | ![]() | Open Account ![]() |
Upstox | Equity Delivery:2.5% or Rs 20 whichever is lower Equity Intraday:0.05% or Rs 20 whichever is lower Futures:0.05% or Rs 20 whichever is lower Options:Flat Fee Rs 20 | Rs 20 | ![]() | Open Account ![]() |
Zerodha Trade@20Want to start your investment journey, join India’s number one online broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.Open Zerodha Account |
Zerodha stands out as the best broker that does not charge any brokerage fees for investing in stocks, while it charges a flat Rs 20 for intraday and F&O trades. Moreover, its high market share and feature-rich Kite mobile app and web platform are the reasons to select Zerodha as the best-recommended broker.
You can also consider other brokers like ProStocks, Groww and Paytm Money that charge comparatively lower brokerage fees than Zerodha.
Zerodha is India’s largest online discount brokerage firm with an 18%+ market share. It is the top choice among equity investors to invest in BSE and NSE listed company’s shares (delivery trading) for Free on the Kite.
Zerodha Equity Trading Benefits;
Yes, Prostocks although a relatively new broker in the Indian brokerage space, is still one of the cheapest brokers for intraday trading in stocks. Its Unlimited Trading Plans offers free equity intraday trading at zero brokerage at Rs. 899/month. Thus, the plan helps intraday traders to save a lot on brokerage. Prostocks also has an Rs. 15 Flat brokerage plan that offers free investment in stocks (delivery trading) and charges Rs. 15 per order brokerage on all intraday and F&O trades.
Open Account With Prostocks
Upstox, a part of RKSV Securities, is one of the preferred discount brokerage houses in India. Upstox charges a maximum of Rs. 20 per order brokerage on equity, derivatives, commodity, and currency trading. Its Pro web and app platform is an all-in-one efficient online trading platform with decent charting features and 100+ technical indicators. Thus, intraday and F&O traders can open Upstox accounts to trade at a minimal brokerage fee.
However, if you are only an equity investor, Upstox is not recommended as it doesn’t offer free delivery trading. Zerodha, Fyers, Paytm Money, and 5paisa allow investment in shares at zero brokerage.
Edelweiss, a full-service broker, charges the lowest flat brokerage model at Rs. 10 per executed order brokerage fee across segments. Here it is to be noted that the investment in shares with edelweiss is not free and levies at Rs. 10 flat brokerage. However, Paytm Money, a discount brokerage firm, offers an Rs. 10 fixed pricing model on all intraday and F&O trades and offers free delivery trading at Rs. 0 brokerage.
Open Account With Edelweiss