Independent · Fee-verified · Updated 30 September 2026
Brokerage, AMC, DP charges and platform details for India's most-used brokers — taken from each broker's official pricing page, with the source linked on every review.
Headline charges for ten brokers. Figures exclude GST, STT, exchange and SEBI fees, which apply whichever broker you use.
| Broker | Account opening | AMC | Delivery | Intraday | Options | DP charge |
|---|---|---|---|---|---|---|
| Zerodha | ₹0 | Free yr 1; ₹300/yr + GST | ₹0 | 0.03% or ₹20 | ₹20/order | ₹15.34/scrip |
| Groww | ₹0 | ₹0 | 0.1% or ₹20 | 0.1% or ₹20 | ₹20/order | ₹20/scrip |
| Angel One | ₹0 | Free yr 1; ₹60/qtr + GST | 0.1% or ₹20 | 0.1% or ₹20 | ₹20/order | ₹20 + GST |
| Upstox | ₹0* | Free yr 1; ₹300/yr + GST | ₹20/order | 0.1% or ₹20 | ₹20/order | ₹20 + GST |
| ICICI Direct | See site | ₹700/yr (₹300 Prime) | 0.29% (Prime lower) | 0.029% | ₹49/lot | ₹20 + GST |
| HDFC Securities | ₹0 | Free yr 1; ₹20/month | ₹20 or 2.5% | ₹20 or 2.5% | ₹20/order | ₹20/debit |
| Kotak Securities | ₹0 (₹99 Youth) | ₹0 BSDA ≤ ₹4L | 0.20% (₹0 Youth) | 0.05% or ₹10 | ₹10/order | Not published |
| Motilal Oswal | See site | ₹299 + GST (yr 2+) | 0.50% (packs lower) | 0.05% | ₹100/lot | ₹35 or 0.035% |
| 5paisa | ₹0 | Not published | ₹20/order | ₹20/order | ₹20/order | Not published |
| Sharekhan | ₹0 | ₹400/yr (yr 2+) | 0.30% | 0.02% | ₹39/lot | Nil (sold via Sharekhan) |
There is no single “best” broker. Pick the list that matches how you actually invest or trade.
Discount broker
₹0 delivery brokerage and ₹20-capped trading on its in-house Kite platform.
Discount broker
₹0 account opening and ₹0 AMC with a very simple app.
Discount broker with research
Flat ₹20 F&O with a SEBI-registered research arm.
Discount broker
₹20 caps across segments, TradingView charts and a free API.
Full-service broker (bank group)
3-in-1 account with ICICI Bank. Prime plans cut the high default brokerage.
Bank-group broker (HDFC SKY flat-fee platform)
HDFC SKY: ₹20 per order from a bank-group broker.
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Every fee on this site is taken from the broker's official pricing page or published documents, and each review links to the source and shows the date we last checked it.
No broker can pay to change our fee data or its position in a list. Some links may be affiliate links, which are labelled; see our advertising disclosure.
No. Best Stock Broker India publishes general information and education. We are not a SEBI-registered investment adviser or research analyst.
