Best Stock Broker IndiaCompare brokers, demat & trading apps

Independent · Fee-verified · Updated 30 September 2026

Compare Stock Brokers, Demat Accounts & Trading Platforms in India

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.

DP charge: one ₹10,000 sale in 2 sell ordersEach broker counts a demat debit differently.Sharekhan₹0Zerodha₹15.34Upstox₹23.60Kotak Securities₹23.60ICICI Direct₹28.32Groww₹47.20Angel One₹47.20HDFC SKY₹47.205paisa₹47.20Motilal Oswalnot verifiedSource: broker tariff pages; see the DP charges guide for the rules.

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Headline charges for ten brokers. Figures exclude GST, STT, exchange and SEBI fees, which apply whichever broker you use.

Published charges from each broker's official pricing page, checked 30 September 2026. Excludes GST and statutory charges.
BrokerAccount openingAMCDeliveryIntradayOptionsDP charge
Zerodha₹0Free yr 1; ₹300/yr + GST₹00.03% or ₹20₹20/order₹15.34/scrip/day
Groww₹0₹00.1% or ₹200.1% or ₹20₹20/order₹23.60/sell order
Angel One₹0Free yr 1; ₹60/qtr + GST0.1% or ₹200.1% or ₹20₹20/order₹23.60/sell txn
Upstox₹0*Free yr 1; ₹300/yr + GST₹20/order0.1% or ₹20₹20/order₹23.60/scrip/day
ICICI DirectNot verified₹700/yr (₹300 Prime)0.29% (Prime lower)0.029%₹49/lot₹20 + GST/scrip/day
HDFC SKY by HDFC Securities₹0Free yr 1; ₹20/month₹20 or 2.5%₹20 or 2.5%₹20/order₹23.60/ISIN debit
Kotak Securities₹0 (₹99 Youth)₹50/month + GST (non-BSDA)0.20% (₹0 Youth)0.05% or ₹10₹10/order0.04% (min ₹20) + GST/day
Motilal Oswal₹0₹0 yr 1; later not verified0.20%0.02%₹20/lotNot verified
5paisa₹0Free yr 1; ₹25/month + GST₹20/order₹20/order₹20/order₹23.60/ISIN debit
Sharekhan₹0₹400/yr (yr 2+)0.30%0.02%₹39/lotNil via Sharekhan

Best stock brokers by need

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There is no single “best” broker. Pick the list that matches how you actually invest or trade.

Best Stock Brokers in IndiaTen SEBI-registered brokers compared on published brokerage, AMC, DP charges and platforms — with the right pick depending on how you invest.Best Discount Brokers in IndiaFlat-fee brokers compared on delivery, intraday and F&O charges, AMC and DP fees — using each broker's official pricing.Best Stock Brokers for BeginnersWhat first-time investors should look for in a broker — simple apps, low fixed costs and good learning material — and which brokers fit.Best Brokers for Intraday TradingIntraday traders pay brokerage on every order, so the per-order cap and ancillary fees matter most. Here's how brokers compare.Best Brokers for Options TradingOptions are usually charged per order at discount brokers and per lot at full-service brokers. Compare the published F&O rates.Best Demat Accounts in IndiaCompare demat account opening fees, annual maintenance charges (AMC) and DP charges — the costs that matter most to long-term investors.Best Trading Apps in IndiaThe official trading apps of India's major brokers, what they offer and what each broker charges.Lowest Brokerage Charges in IndiaWhich broker is cheapest depends on what you trade. Compare published delivery, intraday and F&O rates side by side.Best Full-Service Brokers in IndiaFull-service brokers charge more but offer research, relationship managers and branches. Compare their published tariffs.Best Brokers for Long-Term InvestingFor buy-and-hold investors, delivery brokerage, AMC and DP charges matter far more than intraday rates. Compare them here.

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Zerodha

Discount broker

₹0 delivery brokerage and ₹20-capped trading on its in-house Kite platform.

Delivery
₹0
Intraday
0.03% or ₹20
F&O
₹20/order
AMC
Free yr 1; ₹300/yr + GST

Groww

Discount broker

₹0 account opening and ₹0 AMC with a very simple app.

Delivery
0.1% or ₹20
Intraday
0.1% or ₹20
F&O
₹20/order
AMC
₹0

Angel One

Discount broker with research

Flat ₹20 F&O with a SEBI-registered research arm.

Delivery
0.1% or ₹20
Intraday
0.1% or ₹20
F&O
₹20/order
AMC
Free yr 1; ₹60/qtr + GST

Upstox

Discount broker

₹20 caps across segments, TradingView charts and a free API.

Delivery
₹20/order
Intraday
0.1% or ₹20
F&O
₹20/order
AMC
Free yr 1; ₹300/yr + GST

ICICI Direct

Full-service broker (bank group)

3-in-1 account with ICICI Bank. Prime plans cut the high default brokerage.

Delivery
0.29% (Prime lower)
Intraday
0.029%
F&O
₹49/lot
AMC
₹700/yr (₹300 Prime)

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Learn the basics

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DP Charges Explained: How Each Broker Counts Them

A DP charge applies when you sell delivery shares, but brokers count it differently: some once per stock per day, others for every sell order. Broker-by-broker rules, sources and worked examples.

How we compare brokers

  1. Official sources only. Every fee is copied from the broker's own pricing page or published documents, and the page is linked.
  2. Dated checks. Each review shows the date we last checked charges.
  3. No paid rankings. Sponsored links are labelled. Brokers cannot pay to change our data or their position.
  4. Risk first. We show SEBI's F&O loss data and never tell anyone what to buy.

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Frequently asked questions

Which is the best stock broker in India?

There is no single best broker for everyone. Low-cost discount brokers suit most self-directed investors; full-service brokers suit people who want research and advice. Our best stock brokers list compares options by need.

Where do your fees come from?

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.

Do brokers pay to be listed?

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.

Is this investment advice?

No. Best Stock Broker India publishes general information and education. We are not a SEBI-registered investment adviser or research analyst.