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
Broker Reviews
Detailed reviews of ten SEBI-registered brokers. Each review lists the broker's regulatory details, every published fee with a link to the official source, platforms, pros and cons, and who it suits.
Fees checked on against each broker's official pricing page.
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)
HDFC SKY by HDFC Securities
Bank-group broker (HDFC SKY flat-fee platform)
HDFC SKY: ₹20 per order from a bank-group broker.
- Delivery
- ₹20 or 2.5%
- Intraday
- ₹20 or 2.5%
- F&O
- ₹20/order
- AMC
- Free yr 1; ₹20/month
Kotak Securities
Bank-group broker (Kotak Neo)
₹10 per order on intraday and F&O on Kotak Neo.
- Delivery
- 0.20% (₹0 Youth)
- Intraday
- 0.05% or ₹10
- F&O
- ₹10/order
- AMC
- ₹50/month + GST (non-BSDA)
Motilal Oswal
Full-service broker
Full-service research house: 0.20% delivery, 0.02% futures and ₹20 per options lot on its current online plan.
- Delivery
- 0.20%
- Intraday
- 0.02%
- F&O
- ₹20/lot
- AMC
- ₹0 yr 1; later not verified
5paisa
Discount broker
Flat ₹20 on every order across segments.
- Delivery
- ₹20/order
- Intraday
- ₹20/order
- F&O
- ₹20/order
- AMC
- Free yr 1; ₹25/month + GST
Sharekhan
Full-service broker (Mirae Asset group)
Full-service broker with branches and research, now part of Mirae Asset.
- Delivery
- 0.30%
- Intraday
- 0.02%
- F&O
- ₹39/lot
- AMC
- ₹400/yr (yr 2+)
What each review covers
Company and SEBI registration details, account opening and AMC, brokerage by segment, DP and other charges, platforms and apps, research and support, margin and MTF, pros and cons, who it is suitable for, FAQs, and the date we last checked the fees.
We do not publish star ratings or user testimonials. Fees change — always confirm on the broker's official page before opening an account.