Choosing the Best stock broker in India tends to have a deeper impact on the overall investment experience of a trader or investor. Therefore, it is necessary to pay careful attention while choosing from the top stockbrokers in India. For your reference, we are here to present you the most detailed and reliable insights on the top 10 stockbrokers in India that are known to provide best-in-class stockbroking services to traders and investors.
The role of stockbrokers in India is quite significant as they not just facilitate easy buying and selling of securities but also provide investment guidance to traders and investors. They act as mediators between the stock market and traders/investors and charge brokerage against the offered services.
So, now look at the top 10 stock brokers in India 2025 below.
List of Top 10 Stock Brokers in India 2025 with their Charges, Rating, and Offers
Types of Stock Brokers in India
There are primarily two types of stock brokers in India:
- Discount Brokers – Discount Brokers in India are known to offer better investing tools and low brokerage fees.
- Full-Service Brokers – A full-service brokerage firm offers personalized recommendations and services and hence comes with a higher fee.
We’ve carefully created a list of the top stock brokers in India, each providing a unique combination of services, benefits, and knowledge. This article serves as your road map for understanding the many possibilities available and making a decision that aligns with your financial goals.
Best Stock Brokers in India in 2025 with Features, Brokerage Charges, and Trading Platform.
Zerodha
Started in 2010, Zerodha was founded by Nitin Kamath. Zerodha is headquartered in Bangalore, India. It is known to be a frontrunner in the discount broker since it brought the concept of Rs.20 brokerage per order among traders and investors in India. Besides, the best stockbroker also offers a wealth of resources to their clients to help them make sound investment decisions in the stock market.
Zerodha’s cutting-edge trading platforms like Kite bring in unprecedented levels of ease and value to traders and investors. Zerodha is considered among the most reliable, safe, and trustworthy stockbrokers in India. There is zero brokerage charged by the stockbroker for equity delivery and mutual funds.
Whether you are a new investor or a seasoned one, Zerodha is an apt choice for all types of investors.
| Pros | Cons |
|---|---|
| Reasonable broker fees | No Stock Tips or Research Reports |
| Advanced trading tools | Limited customer support |
| A variety of goods and services | Slow Account Opening |
| Reliable customer support | No 3 in 1 Account |
Special Features for Traders and Investors
For Traders:
- Low-cost brokerage: Zerodha offers zero brokerage for equity delivery trades and Rs 20 per order for intraday and F&O trades
- Top-notch trading platforms: They offer advanced platforms like Kite, Console, and Kite Web
- Basket orders: You can order multiple buy/sell orders simultaneously
- API access: Custom trading strategies using Zerodha API.
For Investors:
- Direct mutual funds: Direct plans give higher returns than regular plans.
- Thematic investing.
- Educational resources: Zerodha gives you free courses, books, and articles to learn trading.
Service Offered
- Equities
- Derivatives
- Currency
- Commodities
- Mutual Fund Investment
- IPO Investing
Name Of Zerodha Trading Platform
- Kite
- Console
Brokerage Charges:
| Segment | Charge |
|---|---|
| Delivery | ₹ 0 |
| Intraday | 0.03% or ₹20, whichever is less per order. |
| Futures | 0.03% or ₹20, whichever is less per order. |
| Options | ₹20 per executed order |
Account Opening Charges – ₹ 00
Detail Page: Zerodha Stock Broker
Groww
Groww has emerged as a leading player in the discount stockbroking space thanks to its user-centric application and wide range of investment products. The stockbroker allows traders and investors to invest in stocks, mutual funds, digital gold, and others.
The stockbroker has gained immense popularity among investors due to its advanced trading platforms, reasonable brokerage, and wide-ranging products. It has maximum brokerage of Rs. 20 per order regardless of trade volume or quantity. The mutual funds investment through Groww are absolutely free.
| Pros | Cons |
|---|---|
| Simple Pricing | Limited Investment Products |
| Free Account Opening | No Call and Trade Services |
| Zero Demat AMC Charges | No Stock Tips or Research Reports |
| Quick Paperless Account Opening | No Margin Trading Facility |
Special Features for Traders and Investors
For Traders
- Less brokerage fee: Groww offers less brokerage fees for intraday, delivery, and in other segments.
- Advanced charting tools: Have advanced tools for charting and indicators
- Multiple order types: You can opt limit orders, stop-loss orders and target orders for loss protection.
For Investors
- No commission on direct mutual funds: Commission-free mutual fund investment for direct funds
- User-friendly platform: Groww app has better UI
- Free Educational Resources: Groww offers free educational blogs, PDFs, and videos to help investors
Service Offered:
- Equity
- Derivatives
- IPO
- Fixed Deposits
- Direct Mutual Funds
- US Stocks
Groww Trading Platforms:
- Groww Web Trading Platform
- Groww Mobile Trading App
Brokerage Charges:
| Segment | Charge |
|---|---|
| Delivery | 0.05% or ₹20, whichever is lower per executed order |
| Intraday | 0.05% or ₹20, whichever is lower per executed order |
| Futures | ₹20 per executed order |
| Options | ₹20 per executed order |
Account Opening Charges – Zero
Detail Page: Groww Stock Broker
Angel One (Angel Broking)
Angel One, formerly Angel Broking, is considered among the top 10 stock brokers in India. Since 1987, Angel One has more than 30 years of experience (and has built a strong reputation for its commitment to providing financial services and investment opportunities to retail and institutional clients).
Angel One is also known for its wide partner network with 110 branches, 10000+ trading terminals, and more than 18000 authorized representatives in all big and small cities of India. Angel One’s flagship brokerage plan is ‘Angel iTrade PRIME’, which allows traders to trade in all segments (Intraday, F&O, Currencies & Commodities) at a flat Rs 20 per trade excluding Equity Delivery. There are no charges for Equity Delivery.
| Pros | Cons |
|---|---|
| Full-service at rock-bottom prices | Margin financing through surprise |
| Beginner training available | No trading in SMEs’ shares |
| Trading on margin with collateral | RM and sales team cross-sell |
| Stock And Mutual Fund Tips Or Research Reports | No GTC/GTT orders |
Special Features for Traders and Investors
For Traders:
- Advanced Trading Platforms: Offers Angel One Super and Angel One Trade app for seamless trading
- Advanced Charting Tools: Real-time charting by technical indicators and studies.
- Margin Trading:
- Customer Support: You are supported by 24/7 customer service for any type of investment help.
For Investors
- Free Equity delivery: Zero brokerage for stocks.
- Research reports: Free research reports to help you make the right decision.
Service Offered
- Equity
- Derivatives
- Commodity
- Currency
- Mutual Funds
- IPO Investments
- US stocks
Angel One Trading Platforms:
- Angel iTrade
- Angel SpeedPro
- Angel Broking Login App
- Angel BEE
Brokerage Charges
| Segment | Charge |
|---|---|
| Delivery | ₹ 0 |
| Intraday | 0.03% or ₹20, whichever is less per order. |
| Futures | 0.25% or ₹20, whichever is lower per executed order |
| Options | 0.25% or ₹20, whichever is lower per executed order |
Account Opening Charges – Zero
Detail Page: Angel One Stock Broker
BlinkX by JM Financial
Meet BlinkX, the modern investment platform redefining the landscape of financial stockbroking services. Built on a foundation of customer satisfaction and cutting-edge technology, BlinkX is the latest offering from JM Financial. This innovative best trading app equips users with state-of-the-art tools and real-time data, empowering them to make smarter investment choices.
JM Financial Services, an integral part of the JM Financial Group with over 50 years of experience, specializes in Investment Advisory and Wealth Management tailored for non-institutional clients.
| Pros | Cons |
|---|---|
| No Fund Transfer Charges | No Website Terminal |
| Call and Trade in free | No US stock investment |
| Dedicated Relationship Manager | No Commodity Trading |
| Advanced trading App | No 3 in 1 Account |
| Research Calls | GTC and GTD are not available in Equity segment |
| Margin trading facility | Desktop trading platforms are unavailable |
Special Features for Traders and Investors
Watchlist Rotate option, Heatmap, Trade Unlimited in NSE FNO, Delivery, Intraday, IPO Subscription plan starting from Rs 199 for 2 months and Rs 799 for 10 months.
For Traders:
- Unlimited Trading: You can trade unlimited times with Blinkx 799 Rs subscription plan
- Watchlist Rotate Option:
- Heatmap: Analyze market condition and liquidity by heatmap
For Investors:
- No Fund Transfer Charge: Upstox has multiple investment options like mutual funds, best stocks for beginners, and actively traded options
- Multiple Investment Options: You can invest in multiple options with BlinkX
Service Offered
- Equities
- Derivatives
- Currency
- Mutual Fund Investment
- IPO Investing
- ETFs
Name Of Blinkx Trading Platform
Charges: 0 for delivery Order, Unlimited trading by opting for the Rs 799 plan
Account Opening Charges – Zero
Detail Page: BlinkX by JM Financial
Upstox
Earlier known as RKSV, Upstox is a prominent discount stockbroker in India that allows trading in equities, commodities, currency, futures, and options across BSE, NSE, and MCX. The stockbroker is supported by investors like Ratan Tata, Kalaari Capital, and GVK Davix.
The trading platforms provided by Upstox are cutting-edge and come with various advanced features that make stock trading seamless. In addition, Upstox allows its users to choose from thousands of mutual funds for investment.
| Pros | Cons |
|---|---|
| Best trading broker as it offers No fees for trading | No GTC/GTT orders |
| Swift Creation Of A Paperless Account | Delivery transactions do not offer margin funding. |
| Shareholdings To Assist In Margin Trading | Occasionally reported technical concerns with apps |
| Affordable Brokerage Fees | No Stock Tips or Research Reports |
| User-Friendly And Intuitive Trading Platform | Chargeable call and trade option |
Special Features for Traders and Investors
For Traders:
- Powerful charting: Upstox offers advanced charting tools like 100+ indicators and 80+ drawing tools for deep analysis.
- Market discovery: Discover and analyse Market with Upstox app
- Advanced order execution: You can place basket orders with up to 10 entries and more
For Investors:
- Investment ideas: Upstox has multiple investment options like mutual funds, best stocks for beginners, and actively traded options
- News & insights: Stay updated with Market by Upstox alerts
- Order placement: Place order anywhere anytime with your desired amount
Service Offered
- Equity
- Commodity
- Currency
- Mutual fund
- ETF
- Derivatives
Name Of Upstox Trading Platform
- Upstox Pro Web Trading Platform
- Bridge for AmiBroker
- Developer Console
- Option Chain Tool
- Upstox MF Platform
Brokerage Charges:
| Segment | Charge |
|---|---|
| Delivery | 2.5% or ₹20, whichever is lower per executed order |
| Intraday | 0.05% or ₹20, whichever is lower per executed order |
| Futures | 0.05% or ₹20, whichever is lower per executed order |
| Options | ₹20 per executed order |
Account Opening Charges – Zero
Detail Page: Upstox Stock Broker
ICICI Direct
Being one of the leading stockbrokers in India, ICICIdirect has a large customer base. The stockbroker allows traders and investors to trade in equity, commodity, and currency across BSE, NSE, and MCX. Other products offered by ICICIdirect are Mutual Funds & IPO, Fixed deposits, bonds, NCD, wealth products, Home Loans, Loans against Securities, etc.
Its flagship 3-in1 account is quite popular among investors which is inclusive of ICICI Bank Account, ICICI Trading Account, and ICICI Demat Account.
| Pros | Cons |
|---|---|
| 3-in-1 Trading Account | Very Expensive Brokerage Fees |
| Immediately available funds | Minimum Brokerage Charge |
| Various Investment Possibilities | Fees for Trading Penny Stocks |
| Dual Stock Exchange Access | Extra charge for Call Trade |
Special Features for Traders and Investors
For Traders:
- Advanced Trading Tools: Offers Advanced tools for analysis and trading
- 3-in-1 trading account:
- Instant Payout: Available instant payout within 5 minutes
For Investors
- Single access point: ICICI Direct provides a single access point for all your financial needs.
- Various Investment Products:
Service Offered
- Equities
- Derivatives
- Currency
- Commodities
- Mutual Fund Investment
- IPO Investing
- Fixed Deposits
- Government Bonds
- NCDs
- ETFs
- Loan Against Shares
ICICI Direct Trading Platforms:
- Trade Racer
- ICICI Direct Mobile Trading App
Brokerage Charges:
| Segment | Charge |
|---|---|
| Delivery | 0.55% |
| Intraday | ₹20 per order |
| Futures | ₹50 per order |
| Options | ₹50 per order |
Account Opening Charges – Zero
Detail Page: ICICI Direct
HDFC Securities
Being an arm of the country’s prestigious HDFC group, HDFC Securities holds a special position in the online stockbroking space. HDFC Securities is counted among the leading full-service stockbrokers in India. It allows traders and investors to invest in bonds, shares, mutual funds, options, buybacks, commodities, currency derivatives, etc.
HDFC Securities provide a wide range of trading platforms that make online stockbroking seamless and effective. The best thing about HDFC Securities is its vast network which is comprised of branches, representatives, and touch points. The full-service stockbroker levies a brokerage of 0.01% per trade for equity delivery and Rs. 20 per order for trading in derivatives.
| Pros | Cons |
|---|---|
| 3-in-1 Trading Account | High, fixed brokerage charges |
| Various investment options on a single platform | No commodity trading (MCX and NCDEX) |
| Best broker for trading in India as it allows both stock exchanges | You must have an HDFC Bank account for 3-in-1 accounts |
| User-Friendly And Intuitive Trading Platform | An increased minimum brokerage of ₹25 per trade is particularly burdensome for low-value transactions. |
Special Features for Traders and Investors
For Traders:
- Multiple Trading Platforms: Offers multiple platforms for individual preferences.
- Customer Support: Help customers with 24/7 customer support
- Margin Trading Facility: Offers traders to leverage existing holdings to increase returns.
- Brokerage Plans: Multiple brokerage plans are available for all types of traders
For Investors:
- Single Investments platform: You can invest in various investment schemes at HDFC single platform.
- 3-in-1 Account:
- Detailed Portfolio Tracking: HDFC offers detailed analysis of investors’ portfolios free of charge.
Service Offered:
- Equity
- Derivatives
- Currency
- Commodity
- Mutual funds
- Insurance
- IPOs
- Bonds
- PMS
- NCDs
- ETFs
- Loans against securities
HDFC Securities Trading Platforms:
- Blink
- ProTerminal
- HDFC Securities Mobile Trading App
Brokerage Charges:
| Segment | Charge |
|---|---|
| Delivery | 0.07%-0.32% on transaction value |
| Intraday | 0.40%- 0.15% on transaction value |
| Futures | ₹20 per order |
| Options | ₹20 per order |
Account Opening Charges – ₹999
Detail Page: HDFC Securities
5paisa
Since 2007, 5paisa has been a fast-growing discount broker in India. The platform is known for its low costs and large choice of services. It caters to tech-savvy investors searching for low-cost decisions. The stockbroker charges a standard brokerage of Rs. 20 regardless of the trade size, category, or exchange.
All 5Paisa trading platforms are built on advanced technology and provide seamless trading experience to traders and investors. 5Paisa is the only discount broker that provides in-depth analysis and advice on over 4,000 businesses is 5paisa. The broker offers both short- and long-term calls, derivative techniques, and investment ideas based on portfolios.
| Pros | Cons |
|---|---|
| Fixed-Rate Pricing | Margin Funding Challenges |
| All-in-One Account | High charges for Demat account debit |
| Quick Digital Account Opening | Higher Exchange Transaction Charges |
| Free Mutual Fund Account | No Commodity trading option |
Special Features for Traders and Investors
For Traders:
- Low Charges: The reasonable fixed-rate price of ₹20 per order makes it an excellent option for investors and traders on a budget.
- All in One Account: You can use one account for investing in any type of trading and investment
For Investors:
- Paperless Investing: Upstox has multiple investment options like mutual funds, best stocks for beginners, and actively traded options
- Multiple Mutual Funds: You can choose between multiple funds for investment
Service Offered
- Equities
- Currency
- Commodities
- Mutual Fund Investment
- IPO Investing
Name Of 5Paisa Trading Platform
- Investor terminal web platform
- Trader terminal
- 5Paisa shares trading mobile app.
Brokerage Charges:
| Segment | Charge |
|---|---|
| Delivery | ₹20 per order |
| Intraday | ₹20 per order |
| Futures | ₹20 per order |
| Options | ₹20 per order |
Account Opening Charges – Zero
Detail Page: 5 Paisa Stock Broker
Motilal Oswal
Motilal Oswal is a well-known full-service brokerage company founded in India in 1987. The organization, which offers various investing alternatives such as shares, commodities, mutual funds, and more, is renowned for its research-driven methodology. It has built a reputation as one of the best stock brokers in India for its wealth management and counseling services.
| Pros | Cons |
|---|---|
| 35+ years of experience | High brokerage charges |
| Free Equity Intraday Trading for Lifetime | No 3-in-1 account. |
| Free 1st Month FnO Brokerage up to ₹1,000 | Additional hidden charges |
| Wide investment options | Account opening charges |
Special Features for Traders and Investors
For Traders
- MY Wallet Feature: Check orders, positions, and limits all in one place in your trading app
- Live updates of market: Get live market updates on your MO trading app
- Bulk order functionality: Place orders in bulk by this function by Motilal Oswal
For Investors
- Less commission: Pay comparatively less commission for your investment
- Easy fund transfer: MO has an easy fund transfer facility in 60 bank accounts
- Easy UI: Get easy user experience on MO apps
Service Offered:
- Equities
- Commodities
- Currency
- Mutual Fund Investment
- IPO Investing
- Fixed Deposits
- SIPs
Brokerage Charges:
- Motilal Oswal trade
- Desktop trading platform
- Web trading platform
- Mobile app
Charges For Resident Individual Accounts
| Segment | Charge |
|---|---|
| Delivery | 0.20% |
| Intraday | 0.02% |
| Futures | 0.02% |
| Options | ₹20 per lot |
Account Opening Charges: Zero
Detail Page: Motilal Oswal
Sharekhan
Sharekhan, founded in 2000, has a solid reputation in the Indian brokerage business. Positioned among the top stock brokers in India and provides various investment services, such as portfolio management, mutual funds, derivatives, and stocks. Because of its valuable research and counseling services reputation, Sharekhan is a go-to alternative for many investors.
| Pros | Cons |
|---|---|
| User-Friendly And Intuitive Trading Platforms | No 3-in-1 Account. |
| Flexible Brokerage Slabs | Percentage-Based Brokerage Charges |
| Comprehensive Training and Education | Minimum Brokerage Charges |
| Free Fund Transfers and DP Transactions | Limited Trading for Classic Account Holders |
Special Features for Traders and Investors
For Traders:
- Margin Trading: Leverage your holdings to increase gains with Sharekhan.
- Advanced Charts: Advance charting tools for better decision-making.
- Trigger Orders: Place orders automatically by setting time.
- Free Market Alert: Provides live updates and alerts to stay in the market
For Investors:
- SIP: Invest your money in SIP with Sharekhan Login.
- Direct Regular Mutual Funds:
- IPO Investments: Apply for IPO of new companies.
Service Offered:
- Equities
- Derivatives
- Currency
- Commodities
- Mutual Fund Investment
- IPO Investments
- PMS
- Depository Services
Sharekhan Trading Platforms:
- Trade Tiger
- Sharekhan web
- Sharekhan mobile app
- ComMobile Pro
- InstaMf App
Brokerage Charges:
| Segment | Charge |
|---|---|
| Delivery | 0.30% |
| Intraday | 0.02% |
| Futures | 0.02% |
| Options | ₹20 per lot |
Account Opening Charges – Zero
Detail Page: Sharekhan Stock Broker
Do remember that:
When it comes to choosing the best stock broker, there is no one ideal choice for every investor. It majorly depends on one’s personal needs, services, and features offered, We detail the list of registered stock brokers in India. If you don’t want to pay high brokerage fees, online discount brokers are the best option. However, if you need advice from the best stock advisor in India and you’re a high-frequency trader, it is better to consider a full-service broker.
Best Stock Broker for Trading 2025
For those looking for the best stockbroker in India for their trading and investment needs, it is necessary pay close attention to the brokerage charges levied by the stockbrokers. You can refer to the following table to check the brokerage charges of all the top stockbrokers in India.
| Best Stock Broker | Trading Charges |
|---|---|
| Zerodha | ₹20/trade |
| Upstox | ₹20/trade |
| Angel Broking | ₹20/trade |
| Groww | 0.05% or ₹20/trade |
| 5paisa | ₹20/trade |
| Aliceblue | ₹15/trade |
| Paytm Money | ₹10/trade |
| IIFL Securities | ₹20/trade |
| Edelweiss | ₹10/trade |
| ICICI Direct | ₹20/trade |
Factors to consider while choosing the best stock broker in India
To make it easy for you to choose the right stock broker, here are some of the most prominent factors that must be kept in mind while browsing through a wide range of top stock brokers in India operating in the market.
Broker’s History
Before choosing the best broker in India, it is necessary to carry out a detailed background check on the brokerage firm. Go through client testimonials and ratings, check their history, charges and reputation. Researching every small detail will make sure that you have chosen the best stock broker.
Commission Cost
This is another crucial factor in selecting the top brokers in India. It is necessary to note that the commission of a broker makes an impact on the return you get. It makes great sense to check out and compare the commission costs of different brokers before opening an account.
Trading Platform
The stock broker provides a trading platform or software to enable online stock trading. It refers to the platform you are using being user-friendly, stable, and fast.
Customer Support
A broker providing exemplary customer support service has an upper hand over the others and can be considered one of the top brokers in India. Customers typically choose brokers, who are quick to respond to their questions.
Trading tools and education
The best brokerage companies in India provide all the learning resources, which may be videos, articles, webinars, e-courses, and more, free of charge.
Regulation
Proper regulation helps to ensure that the top brokers in India are well exploited in the unforeseen event of a trading loss. It is advisable that you choose the best online stock broker in India who has a clean regulatory record.
FAQs – Best Stock Broker in India
Which is the best discount broker in India?
Zerodha, with an impressive rating of 9.6, stands as the best discount broker in India. The best part about Zerodha is its affordable brokerage charges, which don’t burn a hole in the trader’s pocket. Affordable brokerage increases the broker’s revenue and makes stock broking accessible to everyone.
Who is the best stock broker in India?
Angel One is ideally India’s top stock broker, with an excellent rating of 9.5 out of 10 by the users. It leaves no stone unturned in easing its customers’ trading experience and has advanced tools and widgets to assist them with trade.
Which stock broker has the best advisory, research, and stock tip facilities?
India Infoline, abbreviated as IIFL, is trusted by traders for dedicated advice, having a rating of 8.9. IIFL, one of the top stock brokers in India, has accurately and precisely extracted the perfect information on various stock’s performance and their prospects in marketing conditions.
Which stock broker has the lowest brokerage charges?
5 paisa has the lowest brokerage charges amongst all stockbroking companies. Brokerage is essential for traders and investors, as it determines the magnitude of their profits and final income. People generally don’t want to lose their fair share of money, and 5 paisa takes care of such needs.
Which broker is safest in India?
Zerodha is the clear winner, with a rating of 9.4. Along with being the fastest and most secure stock broker, it also provides best-in-class features such as stock recommendations, data streaming, and watch lists, which ease the trader’s experience and simplify things for them.