Investing in the stock market is becoming increasingly popular, especially among young people. With the advent of online trading platforms, we now have multiple options. But how do you choose the best broker for trading in India? Today, we will provide you with an overview of the top 7 stock brokers in India.
Let’s explore their features pricings and see what sets them apart.
In this article, you will read about the top 7 stock brokers in India:
- Groww
- Zerodha
- Shoonya
- Kotak Securities
- HDFC Securities
- Upstox
- 5paisa
Table of Contents
Groww
Topping list of top 7 brokers in India, Groww, founded in 2016, offers multiple investment options.
The main features of Groww, being 1st among the top 7 stock brokers in India, include:
- Low brokerage charge of Rs 20 per trade for Equity, Intraday, and F&O trades,
- A user-friendly trading app
- Zero-commission direct mutual funds, instant online account opening
Enjoy a free demat account with no annual charges!
- Abundant educational resources
Pricing
Flat Rs 20 per trade for Equity Delivery, Intraday, and F&O.
However, additional charges include auto square-off fees of Rs 50 and other regulatory charges.
Dhan
As of July 2026, Dhan is among the top 10 brokers in India based on the total number of active clients. Dhan provides access to stocks, F&O, commodities, ETFs, mutual funds, IPO, and even US stocks, all from a single platform ecosystem.
Its main features include:
- Zero brokerage on equity delivery, ETFs, and IPOs
- Free demat account with zero AMC and platform fees
- Multiple platforms including Dhan App, Dhan Web, Options Trader App, and Options Trader App Web
- ScanX Stock Screener with 50+ readymade screeners
Pricing
- Rs 20 or 0.03% per executed order for Equity Intraday
- Flat Rs 20 for Futures/Options and Commodity trades
- Zero Account opening charges
Zerodha
Zerodha, ranked as the second-largest broker in India, was founded in 2010.
Its main features include:
- Zero Brokerage for Equity Delivery and Mutual Funds
- A maximum charge of Rs 20 per trade
- Up to 20x leverage on intraday trading and zero-commission Direct Mutual Funds
- You can access multiple trading platforms like Zerodha Kite, Coin, and Varsity.
Pricing
- Flat Rs 20 or 0.03% per executed order for Equity Intraday/Futures/Options/Currency and Commodity trades
- Account opening charges range from Rs 200 to Rs 400,
- Demat Account AMC of Rs 300 per year.
Shoonya
Shoonya is a zero-commission discount broker in India. It offers a lifetime free demat account.
You can invest in currencies, stocks, derivatives, commodities, mutual funds, ETFs, bonds, and IPOs.
Features
Shoonya’s user-friendly platform, advanced trading tools, and transparent pricing rank it third among the top 7 stock brokers in India.
Pricing
| Account Opening Charges | Free |
| Account Maintenance | Zero |
| Call & Trade Charges | Free |
| Brokerage Charges | |
Equity Intraday/Equity Futures/Equity OptionsCurrency Futures/Currency OptionsCommodity Futures/Commodity Options | Zero |
Download now- a trading app with zero brokerage!
Kotak Securities
Kotak Securities Ltd offers 3-in-1 accounts (Bank + Trading + Demat) to retail investors in India.
- Investment in equities, derivatives (equities, commodities, currency), and mutual funds.
- Direct access to US markets and third-party products like insurance.
- Extensive branch and franchisee network across India.
Pricing
- Zero brokerage for youth under certain plans, comprehensive research provided.
- Charges 0.25% for equity delivery trades
- Additional charges for assisted trading.
HDFC Securities
HDFC Securities is known for its instant, paperless account opening. It is a perfect online trading platform for all investments, offering multiple trading options.
Features
- Lowest brokerage of 0.10% per trade for Equity Delivery.
- Seamless 3-in-1 account opening
- Comprehensive portfolio tracking tools.
- 24/7 assistance and Call & Trade service.
Pricing
| Brokerage Charges | Equity Delivery | Derivatives Trading |
| Flat Rate | 0.10% per trade | Rs 20 per transaction |
Upstox
Upstox lists 6th among the top 7 stock brokers in India. It provides various financial products and services through its user-friendly platforms.
Features
- It charges Rs 20 per trade for equity delivery but lacks margin funding for delivery trades.
- Upstox is preferred for its advanced order types and technologically superior trading platform.
Pricing
| Brokerage Charges | Equity Delivery | Equity Intraday |
| Flat Rate | Rs 20 per trade | Rs 20 per trade |
It charges Rs 150 AMC.
5paisa
5paisa is one of the leading platforms among the top seven stockbrokers in India. It offers discount brokerage services and investment opportunities in equity, commodities, and currency at BSE, NSE, and MCX.
5paisa offers various subscription plans, including the Regular Account Pack, Power Investor, and Ultra Trader Pack.
Features
- Flat rate discount brokerage.
- Invest in equity, commodity, and currency at BSE, NSE, and MCX.
- Mutual funds, margin funding, and diverse investment products.
- A flat brokerage of Rs 20 per trade.
Pricing
| Trading Charges | Equity Delivery | Equity Intraday | Equity Futures | Equity Options | Currency F&O | Commodity F&O |
| Flat Rate | Rs 20 per trade | Rs 20 per trade | Rs 20 per trade | Rs 20 per trade | Rs 20 per trade | Rs 20 per trade |
Conclusion
Each of these top seven stock brokers in India offers unique features and benefits. You should compare all their features and then choose the best online broker according to your trading needs.
