#1
Zerodha
4.64.6 out of 5(18,420)
India's largest discount broker, known for a clean platform and flat-fee pricing.
- Delivery
- Zero
- AMC
- ₹300/yr
- Opening
- ₹200
Free equity delivery + free direct mutual funds
Charges last updated 12 Aug 2026
Best Stock Brokers in India
An editorially ranked list of Indian stock brokers scored on pricing, platform quality, product breadth, support and user feedback.
| # | Broker | Rating | Delivery | Intraday | AMC | |
|---|---|---|---|---|---|---|
| 1 | Zerodha | 4.64.6 out of 5 | Zero | 0.03% or ₹20 / order (lower) | ₹300 | Open Account |
| 2 | GrowwSponsored | 4.44.4 out of 5 | 0.1% or ₹20 / order (lower) | 0.1% or ₹20 / order (lower) | ₹0 | Open Account |
| 3 | Angel One | 4.34.3 out of 5 | ₹20 or 0.1% per order (lower) | ₹20 or 0.03% per order (lower) | ₹240 | Open Account |
| 4 | Upstox | 4.24.2 out of 5 | ₹20 or 2.5% per order (lower) | ₹20 or 0.05% per order (lower) | ₹300 | Open Account |
| 5 | ICICI Direct | 4.04.0 out of 5 | 0.29% (plan based, from ₹20/order) | 0.029% (plan based) | ₹700 | Open Account |
| 6 | Kotak Securities | 4.04.0 out of 5 | 0.20% (₹20/order on Trade Free plans) | Zero on Trade Free Youth plan | ₹600 | Open Account |
| 7 | HDFC Securities | 3.93.9 out of 5 | 0.32% (min ₹25) | 0.032% | ₹750 | Open Account |
| 8 | Motilal Oswal | 3.93.9 out of 5 | 0.20% | 0.02% | ₹400 | Open Account |
| 9 | 5paisa | 3.83.8 out of 5 | ₹20 per order (₹10 on packs) | ₹20 per order (₹10 on packs) | ₹300 | Open Account |
| 10 | Sharekhan | 3.73.7 out of 5 | 0.30% | 0.03% | ₹400 | Open Account |
#2
Groww
Sponsored4.44.4 out of 5(24,110)
Beginner-friendly app that started with mutual funds and now covers stocks and F&O.
- Delivery
- 0.1% or ₹20 / order (lower)
- AMC
- ₹0/yr
- Opening
- Free
₹0 account opening and ₹0 AMC
Charges last updated 12 Aug 2026
#3
Angel One
4.34.3 out of 5(19,980)
Full-service turned flat-fee broker with research, advisory and a broad product suite.
- Delivery
- ₹20 or 0.1% per order (lower)
- AMC
- ₹240/yr
- Opening
- Free
Free account opening with research access
Charges last updated 12 Aug 2026
#4
Upstox
4.24.2 out of 5(15,230)
Discount broker with fast execution and competitive flat pricing for active traders.
- Delivery
- ₹20 or 2.5% per order (lower)
- AMC
- ₹300/yr
- Opening
- Free
Zero account opening charges
Charges last updated 12 Aug 2026
#5
ICICI Direct
4.04.0 out of 5(8,740)
Bank-backed broker offering a 3-in-1 account and deep research coverage.
- Delivery
- 0.29% (plan based, from ₹20/order)
- AMC
- ₹700/yr
- Opening
- Free
Prime plan trial with reduced brokerage slabs
Charges last updated 12 Aug 2026
#6
Kotak Securities
4.04.0 out of 5(7,150)
Bank-based broker with a free intraday plan for young investors.
- Delivery
- 0.20% (₹20/order on Trade Free plans)
- AMC
- ₹600/yr
- Opening
- Free
Zero intraday brokerage for users under 30
Charges last updated 12 Aug 2026
Our methodology
Brokers are scored on brokerage and account charges (30%), platform and app experience (25%), product coverage (20%), support quality (15%) and verified user reviews (10%).
Editorial rankings are produced independently of any commercial relationship. Sponsored listings are labelled and are never promoted above their earned editorial position.
Pros & cons of the top pick
- + Zero delivery brokerage
- + Fast, uncluttered trading platform
- + Strong educational content
- − Limited research recommendations
- − Phone support can be slow at peak hours
Frequently asked questions
- Which broker is best in India?
- It depends on how you trade. Long-term investors often prefer zero-delivery brokers, while F&O traders prioritise flat per-order pricing and margins.
- Is a discount broker safe?
- All brokers listed are exchange members. Safety depends on regulatory registration, not on pricing model. Always verify SEBI registration on the broker's site.
We are a broker comparison and discovery platform. Brokerage rates, fees, offers and product features may change. Please verify the latest information on the broker's official website before opening an account. Information provided on this platform should not be considered investment advice.