Top Stock Brokers in India

Sr. No	Name	Brokerage Charges (Delivery)	Intraday Charges	Account Opening Charge	Annual Maintenance Charge (AMC)	Open Account
1	Zerodha	Rs 0/-	0.03% or Rs 20 per executed trade (Whichever is less)	Rs 200	Rs 300	Link
2	Upstox	Rs 0/-	Rs 20 per executed trade or 0.01 whichever lower (Basic Plan)	Rs 250	Rs 300	Link
3	Angel Broking	Rs 0/-	Rs 20 per trade	FREE (Waived)	Rs 450 (Second year onwards)	Link
4	5 Paisa	Rs 20 Per Trade	Rs 20 Per Trade	FREE (Rs 650 Waived)	Rs 45 per month (only for months when you trade)	Link
5	ShareKhan	0.5% (Classic plan)	0.1% (Classic plan)	Classic Account : 750, Trade Tiger Account : 1000	Rs 400 (Second year onward)	Link
6	ICICI Direct	0.55% (I-Secure plan)	0.275% (I-secure plan)	Rs 975	Rs 500	Link
7	HDFC Securities	0.50% or min Rs 25 or ceiling of 2.5% on transaction value	0.10% or min Rs 25 or ceiling of 2.5% on transaction value	Rs 999	Rs 750 (Second year onwards)	Link
8	Motilal Oswal	0.50% on transaction value (Default pack)	0.05% on on transaction value (Default pack)	FREE (Rs 1,000 Waived)	Rs 400	Link
9	Kotak Securities	0.49% on transaction value (for fixed brokerage plan)	0.049% on transaction value	Rs 750	Rs 600	Link
10	India Infoline (IIFL)	0.50% or 5 paise per share whichever is higher	0.05% on both sides	Rs 750 (Trading Account), Rs 555(DEMAT Account)	Rs 300	Link

SENSEX TODAY SUGGESTIONS

Largest discount broker in India, +1.5 million clients, +15% of daily retail trading volumes.

Delivery charges: Rs 0

Intraday Charges: 0.03% or Rs 20 per executed trade (whichever is less)

Account opening charge: Rs 200

Annual Maintenance Charge: Rs 300

Services: Equity, Derivatives, Currency, Mutual Funds & Commodities

Trading Platform: Kite 3.0 trading platform, Kite Mobile, Console, Pi, Sentinel, Coin

Pros: Free Equity Delivery trading, Innovative & User Friendly trading platform, Max brokerage per trade is Rs 20

Cons: 3-in-1 account not available, No research report or advisory

Fast-growing discount broker, backed by a group of investors including Kalaari Capital, Ratan Tata, etc.

Delivery charges: Rs 0

Intraday Charges: Rs 20 per executed trade or 0.01 whichever lower (Basic Plan) | Rs 30 per executed trade or 0.05 whichever lower (Pro Plan)

Account opening charge: Rs 100

Annual Maintenance Charge: Rs 150

Services: Equity, Currency, Commodity

Trading Platform: Upstox Pro Web Trading Platform, Bridge for AmiBroker, Developer Console, Option Chain Tool, Upstox MF Platform

Pros: Free delivery trading, Flat brokerage irrespective of trade volume, Margin against share is available, Priority brokerage

Cons: Cannot make direct IPO & FPO, NCDs, Margin Funding not available on delivery trades

A big brand having +30 Years in the broking world with +1 million customers and presence in over 1800+ cities in India.

Delivery charges: Rs 0

Intraday Charges: Flat ₹20 Per Trade

Account opening charge: Rs 0

Annual Maintenance Charge: Rs 450 (Second year onwards)

Services: Equity, Commodity, Currency, PMS, Life Insurance, ETFs, IPOs, Mutual Funds

Trading Platform: Angel iTrade, Angel Booking App, Angel Speed Pro, Angel Bee

Pros: Cheapest full-service brokers, Flat brokerage charges, upto 48x leverage, Research Reports & Market recommendation, Fast account opening process

Cons: No 3-in-1 account, Call & Trade are charged extra