Top 10 Best Stock Market Brokers In India July 2025

Whether you’re just starting your investing journey or have been trading for years, choosing the best stock broker can make all the difference. In today’s fast-moving markets, a reliable broker isn’t just about placing trades—it’s about smart platforms, low charges, and seamless support. But with so many options, how do you find the one that truly fits your needs?

This blog brings you the top 10 broker company in India, handpicked after comparing features like brokerage fees, mobile platforms, research tools, and customer reviews. From the best stock brokerage firm for beginners to the best broker in stock market for active traders, we’ve covered it all. Whether you’re looking for a low-cost solution or a full-service experience, this list of the top 10 broking company in India will help you make an informed decision.

Let’s explore the best brokerage firm in India that’s right for you.

Table of Contents

Top 10 Stock Brokers In India July 2025

Broker Name	Brokerage Charges	Trading Platform	Best For	Account Opening Charges	Annual Maintenance Charges (AMC)
Zerodha	₹20/trade (flat)	Kite Web & App	Overall Best Broker in Stock Market	₹200	₹300/year
Upstox	₹20/trade (flat)	Upstox Pro	Mobile Traders	₹0	₹300/year
Angel One	₹0 (delivery), ₹20 others	Angel One App + Web	Beginners & Investors	₹0	₹240/year
Groww	₹20/trade	Groww App	New Investors	₹0	₹0/year
ICICI Direct	% based or ₹20 (plan-based)	ICICI Direct Markets App	ICICI Bank Users	₹0–₹975	₹300–₹700/year
HDFC Securities	% based	HDFC Securities App	HDFC Bank Customers	₹999	₹750/year
5paisa	₹20/trade (flat)	5paisa Trader Terminal	Budget Traders	₹0	₹300/year
Motilal Oswal	% based or ₹20 (plan-based)	MO Investor App	Advisory & Portfolio Services	₹0	₹0–₹999/year
Sharekhan	% based	Sharekhan TradeTiger	Research-Driven Investors	₹0	₹400/year
Fyers	₹20/trade	Fyers Web & App	Technical Traders	₹0	₹0/year

What Makes A Stock Broker The Best?

SEBI Registration & Safety: A best share market broker must be SEBI-registered and comply with all regulatory norms. Always check if the broker is licensed and trustworthy before opening an account.
User-Friendly Trading Platform: The best broker for share market offers a fast, intuitive platform—whether it’s a web portal or mobile app. It should handle trades smoothly, especially during market volatility.
Transparent & Low Brokerage Charges: Whether you’re a day trader or long-term investor, the best stock market broker will offer competitive pricing—flat ₹20 per trade or even zero delivery charges.
Great Customer Support: Quick and helpful support matters. The best broker in India will resolve queries fast, whether it’s account-related or technical support during live trades.
Research Reports & Tools: Full-service brokers provide detailed market insights, investment tips, and stock reports. These tools help investors make smarter decisions, especially if you’re not a pro.
Account Opening & Maintenance Costs: Top brokers offer free or minimal charges for opening accounts. Look out for hidden fees in the fine print. A best broker for stock market is transparent with all costs.
Reputation & Track Record: Choose from the stock brokers in India list that are known for reliability, service quality, and innovation. A well-established broker brings peace of mind.
Ease of Investing Across Products: The best brokers for stock market also offer access to mutual funds, IPOs, ETFs, and more—all from a single account.

Top 10 Broker Company In India July 2025

1. Zerodha – Best Stock Brokerage Firm In India

When it comes to the top brokerage in India, Zerodha is the name that instantly pops up. Known for its flat-fee model and user-first approach, Zerodha is not only one of the most trusted platforms but also one of the most influential players among the top 10 stock brokers in India.

Founded in 2010, Zerodha disrupted traditional brokerage structures and paved the way for a new generation of digital-first investors. Whether you’re a complete beginner or an active trader, it’s easy to see why Zerodha is often listed as one of the best stock market brokers in India.

Key Features of Zerodha – Why It’s a Top Broker in India

Flat ₹20 Brokerage: Zerodha charges a flat ₹20 per executed order for intraday, F&O, and commodities—making it one of the top discount brokers in India. Equity delivery trades are completely free.
Kite Trading Platform: Kite, Zerodha’s proprietary platform, is fast, clean, and intuitive. It supports advanced charting, multiple order types, and real-time market depth—perfect for traders and long-term investors alike.
Free Education via Varsity: Zerodha isn’t just a broker—it’s an educator too. Varsity by Zerodha is one of India’s most popular free resources to learn about the stock market.
No Hidden Charges: Zerodha is known for its complete transparency. You always know exactly what you’re paying—no surprises.
API for Algo Traders: With Kite Connect APIs, tech-savvy traders and developers can automate trades and build custom strategies—something few big stock brokers in India offer so openly.
Safe & SEBI Registered: Zerodha is a SEBI-registered broker, a member of NSE, BSE, and MCX, and is considered one of the safest names among the best stock market brokers in the country.

Zerodha Charges July 2025

Service	Charges
Account Opening	₹200
Annual Maintenance (AMC)	₹300/year
Equity Delivery	₹0
Equity Intraday	₹20/order or 0.03% (whichever is lower)
F&O (Equity, Currency)	₹20/order
Commodities	₹20/order
Call & Trade	₹50 per order

Zerodha ranks among the top 10 stock brokers in India for offering low-cost trading across all segments.

Is Zerodha Right for You?

Still wondering which is the best stock broker in India for your trading needs? Here’s who Zerodha is best suited for:

First-time investors who want a simple, clean experience with minimal costs.
Active traders looking for lightning-fast platforms and low brokerage.
Tech-savvy users who want to experiment with APIs and automation.
DIY investors who prefer to make decisions independently without advisory pressure.
Anyone tired of hidden fees and complicated brokerage structures offered by traditional brokers.

In short, whether you’re exploring stock trading for the first time or managing a large portfolio, Zerodha checks all the boxes of a top broker India trusts.

2. Upstox – Best Broker In Stock Market

If you’re looking for a platform that balances modern technology, low costs, and a smooth trading experience, Upstox is easily among the best brokerage firms in India. Backed by big names like Ratan Tata and known for its sleek user interface, Upstox has become a top choice for both new investors and seasoned traders.

Ranked consistently in the stock brokers in India list, Upstox is a strong contender for anyone asking, “Who is the best broker in India?” Whether you’re investing in stocks, mutual funds, IPOs, or derivatives, Upstox gives you the tools to do it all—right from your smartphone.

Key Features of Upstox – Why It’s One of the Best Share Market Brokers

Flat ₹20 Brokerage: Just like other discount brokers, Upstox charges a flat ₹20 per trade across intraday, F&O, and commodities, with zero brokerage on delivery trades—making it one of the best brokers for stock market trading.
User-Friendly Mobile App: The Upstox app is designed for modern users—intuitive, fast, and loaded with tools. You can place trades, view charts, apply for IPOs, or manage your mutual funds from one place. It’s one reason why Upstox is considered a best stock market broker for mobile-first users.
Paperless Account Opening: Opening a Demat and trading account with Upstox takes just a few minutes. The process is fully online, paperless, and beginner-friendly.
Investment Options Beyond Stocks: Upstox offers more than just equity trading. You can also invest in mutual funds, IPOs, digital gold, and ETFs—making it a best broker for share market investors who want diversity.
Advanced Charting & Analysis: Powered by TradingView, the Upstox platform allows in-depth technical analysis, custom indicators, and multi-timeframe charts—perfect for traders who need data to drive decisions.
SEBI Registered & Trusted: As a SEBI-registered entity and member of NSE, BSE, and MCX, Upstox is among the most secure and best stock market brokerage options in India.

Upstox Charges Table July 2025

Service	Charges
Account Opening	₹0
Annual Maintenance (AMC)	₹300/year
Equity Delivery	₹0
Equity Intraday	₹20/order
F&O (Equity, Currency)	₹20/order
Commodities	₹20/order
Call & Trade	₹20 per order

Upstox continues to be a preferred choice for users looking for a best broker in India that combines affordability and cutting-edge tech.

Is Upstox the Best Broker for You?

Mobile-first investors looking for speed and simplicity
New traders who want a low-cost entry into the stock market
Experienced traders who rely on detailed charts and quick execution
Investors who want access to IPOs, mutual funds, and ETFs under one roof
Anyone looking for a well-balanced, tech-forward broker that doesn’t overcharge

If you’re trying to find the best broker for stock market access in India without the clutter or complexity, Upstox makes a solid case. It easily holds a place among the best share market brokers and is a top pick in any list of best brokers for stock market investors.

3. Angel One – Top 10 Broking Companies in India

When you’re exploring the top 10 broker company in India, Angel One (formerly Angel Broking) stands out for blending traditional expertise with modern technology. With over 30 years in the industry, Angel One has successfully transformed itself into a digital-first platform, earning its place among the top 10 broking company in India.

Whether you’re a first-time investor or a seasoned trader, Angel One offers a powerful, reliable, and user-friendly experience. It’s often mentioned as a best stock broker for those who want access to advisory services, smart tech tools, and affordable pricing—all under one roof.

Key Features of Angel One – Why It’s One of the Best Brokers in India

Zero Brokerage on Delivery Trades: Angel One offers ₹0 brokerage on equity delivery trades and just ₹20 per order on intraday and F&O segments, making it a strong contender for the best stock brokerage firm in India.
Smart API & Algo Trading Tools: For developers and tech-savvy traders, Angel One provides SmartAPI for building custom strategies—ideal for those wanting advanced tools with low cost.
ARQ Prime – AI-Based Advisory: Angel One’s AI-powered advisory engine, ARQ Prime, offers personalized investment ideas without any human bias. It’s one reason it’s considered a best broker in stock market for investors looking for guidance.
User-Friendly App and Web Platforms: The Angel One app and web platform are clean, fast, and beginner-friendly. Features like SmartCharts and easy order placement make trading smooth and hassle-free.
Free Research Reports & Market Insights: One of the few brokers that offer quality research for free. This adds real value for clients and positions Angel One as one of the best brokerage firm in India.
SEBI Registered & PAN India Presence: As a SEBI-registered stockbroker with a strong offline network, Angel One brings both credibility and accessibility to clients across India.

Angel One Charges Table July 2025

Service	Charges
Account Opening	₹0
Annual Maintenance (AMC)	₹240/year
Equity Delivery	₹0
Equity Intraday	₹20/order
F&O (Equity, Currency)	₹20/order
Commodities	₹20/order
Call & Trade	₹20 per order

Angel One’s pricing and platform put it firmly among the best brokers on any list of top 10 broker company in India.

Is Angel One the Best Broker for You?

Investors who want a mix of advisory and self-trading options
Beginners who need guidance, education, and research to make informed decisions
Active traders looking for low-cost trades and advanced charting tools
Tech-forward users who want API and automation options
Anyone seeking a reliable and trusted name among the top 10 broking company in India

If you’re looking for a best broker that balances experience, tech, pricing, and support, Angel One is a smart pick. It’s not just a best stock broker by features, but by the trust it has built over decades.

4. Groww – Top 10 Discount Brokers in India

In the world of stock market investing, simplicity often wins—and Groww has mastered that. Originally popular as a mutual fund platform, Groww has quickly risen to become one of the top 10 discount brokers in India, especially among first-time investors.

With its clean design, easy navigation, and fully digital account opening process, Groww has positioned itself as the best share broker in India for beginners and young investors who want a no-fuss experience.

Key Features of Groww – Why It’s One of the Best Brokerage Accounts in India

Zero Brokerage on Delivery Trades: Groww charges ₹0 for equity delivery and ₹20 per trade for intraday and F&O, making it a solid option for those looking for the best brokerage for trading on a budget.
Super Simple App & Web Interface: Groww’s platform is its biggest strength. The app is clean, distraction-free, and designed for those who want to start trading without technical complexity—ideal for users new to the stock market.
Fully Digital Account Opening: You can open a Demat and trading account in just a few minutes, without paperwork. All you need is PAN, Aadhaar, and internet banking—making it one of the best brokerage accounts in India for hassle-free onboarding.
No Physical Branches: Groww is 100% online and doesn’t maintain branches, which keeps operational costs low—and those savings are passed on to users. This approach makes it one of the top 10 discount brokers in India.
Access to Multiple Products: Along with stocks, Groww offers mutual funds, ETFs, US stocks (via partner platforms), and digital gold—all in one account.
Secure & SEBI-Registered: Groww is a SEBI-registered broker and is among the biggest stock brokers in India in terms of new Demat account openings in recent years.

Groww Charges Table July 2025

Service	Charges
Account Opening	₹0
Annual Maintenance (AMC)	₹0/year
Equity Delivery	₹0
Equity Intraday	₹20/order
F&O (Equity, Currency)	₹20/order
Commodities	Not Available
Call & Trade	Not Available

With ₹0 AMC and delivery charges, Groww is one of the most affordable options for users looking for the best brokerage without hidden fees.

Is Groww the Best Broker for Trading?

New investors looking for the best share broker in India with a modern, clean UI
Young professionals who want to manage investments from their phones
Casual traders looking for low fees and zero maintenance costs
Mutual fund users ready to start trading stocks in the same app
Anyone who values ease and clarity over technical complexity

If you’re not looking for heavy technical analysis or F&O complexity, Groww is easily one of the best trading broker in India—especially if you prefer an all-in-one solution that keeps things simple.

5. ICICI Direct – Best Brokerage Account in India

When it comes to legacy, trust, and a comprehensive range of financial services, ICICI Direct easily ranks among the best brokerage accounts in India. Backed by ICICI Bank, one of the country’s most reputed financial institutions, ICICI Direct is a go-to choice for investors who want convenience, banking integration, and premium support—all in one place.

Whether you’re a first-time investor or a high-volume trader, ICICI Direct offers an experience that balances full-service features with the flexibility of a digital platform. It’s frequently included in lists of the best brokers for stock trading due to its advanced tools, research capabilities, and wide product offerings.

Key Features of ICICI Direct – Why It’s a Best Brokerage Account in India

Seamless Banking + Trading Integration: If you already bank with ICICI, linking your account with ICICI Direct is effortless. The smooth integration between banking and broking services is one of the platform’s biggest advantages.
Variety of Brokerage Plans: ICICI Direct offers different plans, from traditional % brokerage models to flat-fee options like Neo Plan—making it accessible to all types of investors. This versatility makes it one of the best rated brokerage accounts in India.
Comprehensive Investment Options: Beyond equity, you can invest in mutual funds, IPOs, bonds, ETFs, insurance, and even global stocks—positioning ICICI Direct as one of the best brokerage sites for diversified investors.
Robust Research & Advisory: ICICI Direct is known for its quality research reports, analyst recommendations, and portfolio advisory services—great for investors who prefer expert-driven decision-making. This makes it a best broker for equity trading with insights that go beyond just numbers.
Secure & SEBI-Registered: Backed by a bank and SEBI-registered, ICICI Direct offers a highly secure platform that appeals to risk-averse investors looking for the best stock broker India trusts.
Advanced Platforms – Trade Racer & Markets App: The Trade Racer desktop platform and ICICI Direct Markets app offer real-time data, custom alerts, advanced charting, and analytics—making it one of the best brokerage trading platforms for active traders.

ICICI Direct Charges Table July 2025

Service	Classic Plan	Neo Plan (Flat Fee)
Account Opening	₹0 – ₹975 (depends on plan)	₹0
AMC (Annual Maintenance)	₹300 – ₹700/year	₹0 – ₹300/year
Equity Delivery	0.55%	₹20/order
Equity Intraday	0.275%	₹20/order
F&O Trading	₹20–₹50/order	₹20/order
Call & Trade	₹25 per call	₹25 per call

The Neo Plan puts ICICI Direct in the race with every discount broker in India while still offering full-service benefits.

Is ICICI Direct the Best Broker for You?

Existing ICICI Bank customers who want seamless integration
Investors looking for advisory + self-trading in one place
Clients who prefer security & brand trust over ultra-low pricing
Traders who need detailed research and portfolio guidance
Users who want to manage multiple asset classes under one account

While it may not be the cheapest for heavy intraday traders, ICICI Direct’s balance of features, security, and trust makes it one of the best brokerage accounts for those who value a full-service experience.

If you’re looking for a mix of banking convenience and rich investment tools, ICICI Direct is easily among the best brokers for stock trading in India today.

6. HDFC Securities – Best Equity Brokers in India

When trust, banking convenience, and full-service offerings matter most, HDFC Securities stands tall among the top stock trading brokers in India. Backed by HDFC Bank—one of India’s most reputed private sector banks—this brokerage is ideal for those who prefer reliable service, robust research, and strong banking integration.

Though not one of the best discount stock brokers, HDFC Securities continues to be a favorite among long-term investors and high-net-worth individuals who prioritize security, in-depth advisory, and a seamless link to their HDFC Bank accounts.

Key Features of HDFC Securities – Best Brokerage Accounts

Seamless Banking + Trading Integration: For HDFC Bank users, linking accounts and managing funds is quick and effortless. The platform syncs banking and broking under one umbrella—making it highly convenient.
Wide Range of Investment Options: Apart from equity trading, HDFC Securities allows you to invest in mutual funds, corporate bonds, ETFs, commodities, insurance, IPOs, NPS, and even global stocks—perfect for diversified investors.
In-Depth Research & Portfolio Advisory: The broker offers high-quality research reports, stock recommendations, and technical analysis. This makes it one of the best equity brokers in India for those who rely on expert insights.
Advanced Trading Platforms: Tools like ProTerminal and HDFC Securities App provide advanced charting, strategy building, and real-time data for traders who want more than just a basic interface.
Trusted Brand Backed by a Bank: As a subsidiary of HDFC Bank and a SEBI-registered broker, it’s one of the most secure and established online brokers in India—especially for those concerned about financial security.

Also Read: How To Redeem HDFC Reward Points July 2025

HDFC Securities Charges Table July 2025

Service	Charges
Account Opening	₹999 (one-time)
AMC (Annual Maintenance)	₹750/year
Equity Delivery	0.50% of transaction value
Equity Intraday	0.05% of transaction value
F&O Trading	₹20–₹25/order
Call & Trade	₹20 per order

While not the cheapest stock broker in India, HDFC Securities is chosen for its service quality and banking integration rather than just pricing.

Is HDFC Securities the Best Broker for You?

Here’s who will benefit the most from HDFC Securities:

HDFC Bank customers looking for direct bank-to-broker integration
Investors who prefer human advisory and detailed reports
Clients who want to invest across multiple financial instruments
Traders needing secure platforms with brand credibility
Users who value reliability over discount pricing

If your priority is reliable execution, full-service support, and a one-stop solution for all your investments, HDFC Securities is definitely one of the best online brokers in India. But if you’re a cost-sensitive trader looking for the cheapest stock broker in India, this might not be your first pick.

7. 5paisa – The Cheapest Stock Broker

If you’re searching for the cheapest stock broker in India without compromising on features, 5paisa is a name you can’t ignore. Launched by the IIFL group and now operating independently, 5paisa has rapidly grown into one of the top stock brokers in India thanks to its low-cost plans, powerful mobile app, and wide range of investment options.

Ranked among the top 10 stock brokers in India, 5paisa combines affordability with accessibility, making it one of the best discount stock broker platforms for retail traders, small investors, and even seasoned market players.

Key Features of 5paisa – Best Online Broker in India

Flat ₹20 Brokerage Per Order: With a basic plan, you pay just ₹20 per executed trade across all segments—equity, F&O, and commodities. But with their Power Investor or Ultra Trader plans, charges drop to as low as ₹10, making 5paisa arguably the cheapest stock broker in India.
All-in-One Investment Platform: 5paisa allows users to trade in equities, mutual funds, digital gold, US stocks, commodities, insurance, and more—all in one place. This wide offering makes it one of the best stock brokerage accounts for complete financial planning.
Paperless Account Opening: Account creation is 100% online, fast, and beginner-friendly—perfect for new investors.
Smart Advisory Tools: 5paisa offers stock recommendations, Robo-advisory, and portfolio analytics even at a discount pricing model—bridging the gap between discount and full-service broking.
Powerful Mobile & Web Platform: The 5paisa app is packed with features like advanced charts, multiple order types, and fast execution. It easily stands among the best broker sites for mobile trading.
Subscription-Based Value Packs: Their unique pricing plans (Power Investor, Ultra Trader) offer lower brokerage and added tools—helping traders reduce costs and maximize value.

5paisa Charges Table July 2025

Service	Basic Plan	Power Investor Plan	Ultra Trader Plan
Account Opening	₹0	₹0	₹0
AMC	₹300/year	₹300/year	₹300/year
Equity Delivery	₹20/order	₹10/order	₹10/order
Intraday & F&O	₹20/order	₹10/order	₹10/order
Subscription Fee	Free	₹499/month	₹999/month
Mutual Funds	Free	Free	Free

If you’re price-conscious, 5paisa is hands-down one of the top brokers in India for cost-saving without cutting corners on features.

Is 5paisa the Best Broker for You?

Cost-sensitive traders and investors looking for the cheapest stock broker model
DIY investors who want low-cost trading plus smart advisory tools
Mobile-first users who prefer seamless app-based investing
Traders looking for advanced features without high brokerage fees
Anyone who wants a flexible pricing plan based on their trading frequency

5paisa brings the best of both worlds: the affordability of discount brokerage in India with the tools of a full-service broker. If you’re searching for a best online broker in India that won’t burn a hole in your pocket, 5paisa is worth serious consideration.

8. Motilal Oswal – Big Stock Brokers in India

When it comes to experience, research depth, and premium investment services, Motilal Oswal stands among the big stock brokers in India. With a legacy of over 35 years in the financial industry, it’s often considered one of the best stock brokerage firms for investors who want detailed research, dedicated advisory, and long-term portfolio support.

Though not a discount broker, Motilal Oswal has adapted well to digital trends, offering flat-fee trading plans and a modern platform—earning its place among the top brokerage in India.

Key Features of Motilal Oswal – Best Broker for Stock Market Investors

Expert-Backed Advisory & Portfolio Services: Motilal Oswal is known for its award-winning research reports, market insights, and wealth-building strategies. This makes it one of the best brokerage firm in India for serious investors.
Full-Service + Flat Brokerage Option: While traditionally offering percentage-based brokerage, Motilal Oswal now also provides flat ₹20 per trade plans—putting it in line with some top discount brokers in India.
MO Investor & MO Trader Platforms: These apps offer everything from technical charts to personalized alerts and fast execution. They’re designed for both long-term investors and active traders.
Wide Range of Products: Apart from equity, you can invest in mutual funds, PMS (Portfolio Management Services), insurance, commodities, bonds, IPOs, and global equities. It’s a one-stop destination, ideal for those seeking the best broker for share market diversification.
PAN-India Physical Presence: Unlike most digital-only brokers, Motilal Oswal has branches across India—offering personalized offline support, which adds to its reputation among the best brokerage firm in India.
SEBI-Registered & Highly Trusted: As a SEBI-registered entity with a long-standing track record, it’s frequently mentioned in the stock brokers in India list for reliability and credibility.

Motilal Oswal Charges Table July 2025

Service	Classic Plan	Flat Brokerage Plan
Account Opening	₹0–₹999	₹0
Annual Maintenance (AMC)	₹300–₹999/year	₹0–₹300/year
Equity Delivery	0.50%	₹20/order
Equity Intraday	0.05%	₹20/order
F&O Trading	0.02%–₹20/order	₹20/order
Mutual Funds	Free	Free
Call & Trade	₹25 per call	₹25 per call

With advisory services plus new flat-fee options, Motilal Oswal blends the strengths of full-service and discount brokers—making it a hybrid option among the top brokers in India.

Is Motilal Oswal the Best Broker for You?

Prefer research-backed investing with regular market insights
Want a mix of digital trading + offline support
Need help managing long-term wealth or portfolios (PMS, advisory, etc.)
Are looking for best stock market brokerage with more than just low fees
Appreciate having access to multiple asset classes and services under one roof

If you’re asking, “Which is the best stock broker in India for investors?”, Motilal Oswal makes a strong case with its research-first approach, hybrid plans, and long-standing market trust.

9. Sharekhan – One of the Top Broking Firms

When it comes to top broking firms in India that have stood the test of time, Sharekhan is a name that often leads the list. Founded in 2000 and now a part of BNP Paribas, Sharekhan has evolved into one of the top 10 broker platforms in the country, known for combining traditional values with modern-day digital trading features.

If you’re wondering which stock broker is best for both beginners and experienced investors who want a mix of research, personal service, and technology—Sharekhan is a reliable pick.

Key Features of Sharekhan – Top 10 Share Brokers in India

Strong Legacy & Banking-Backed Trust: With over two decades in the Indian stock market and support from BNP Paribas, Sharekhan ranks among the top 10 stock broker platforms in terms of reliability and brand strength.
Robust Trading Platforms (TradeTiger & App): Sharekhan’s TradeTiger desktop platform is a favorite among active traders for real-time data, customizable charts, and advanced features. The mobile and web platforms are equally smooth, making it one of the best online broker India has for both desktop and mobile users.
Advisory + Self-Service Hybrid: Sharekhan blends self-directed investing with relationship manager support and expert research reports—ideal for those who want more than just a trading platform.
Diverse Investment Options: From stocks and mutual funds to IPOs, portfolio management services (PMS), bonds, and derivatives, Sharekhan offers a wide range of options—earning its place among top broker in India for diversified portfolios.
Investor Education & Research: Sharekhan’s “Education to Action” program helps new investors learn before they trade. Along with research-backed tips, it’s well-suited for those looking for the best broker for stock trading with learning support.

Sharekhan Charges Table July 2025

Service	Charges
Account Opening	₹0–₹750 (varies by offer)
Annual Maintenance	₹400–₹750/year
Equity Delivery	0.50% of transaction value
Equity Intraday	0.10% or lower (negotiable in plans)
F&O Trading	₹20–₹30/order or plan-based charges
Mutual Funds	Free
Call & Trade	₹20–₹30 per call

While not the lowest-cost broker, Sharekhan makes up for it with services, support, and strong tools—ranking it among the top 10 share brokers for value-driven investors.

Is Sharekhan the Right Broker for You?

Want a mix of online access and offline support
Are looking for research-backed trading decisions
Prefer a full-service broker with advisory options
Value a brand with 20+ years of stock market experience
Need advanced platforms like TradeTiger for technical trading

While some newer platforms may offer cheaper trades, Sharekhan remains one of the most balanced and dependable names in the stock brokers space. If you’re still deciding which stock broker is best for your goals, Sharekhan is an excellent choice for investors who want trusted service, detailed reports, and responsive support.

10. FYERS – Best Discount Brokers in India

If you’re a trader who values a clean interface, minimal costs, and a sharp focus on charting tools, FYERS might just be your answer to “which broker is best” in today’s evolving market. Founded in 2015 and headquartered in Bangalore, FYERS (an acronym for “Focus Your Energy & Reform the Self”) has quickly gained popularity among modern investors and intraday traders.

Though still growing compared to traditional giants, FYERS has made a strong mark in the brokers in India space as one of the best stock trading broker platforms, especially for technically inclined users and long-term investors who don’t want fluff—just value.

Key Features of FYERS – Best Share Trading Brokers

Zero Brokerage on Delivery Trades: FYERS offers free equity delivery trading, making it one of the best brokers for long-term investing in India. No hidden fees—just straightforward pricing.
Flat ₹20 per Intraday/F&O Trade: For intraday and derivatives, FYERS charges a flat ₹20 per executed order, keeping it in the league of cheap stock brokers and one of the best discount brokers in India.
FYERS Web & FYERS One Platforms: FYERS offers some of the most visually impressive trading platforms in India. Powered by TradingView, the charting tools are top-tier—ideal for active traders looking for rich analysis.
Thematic Investing: FYERS allows users to invest in pre-designed portfolios based on specific themes like “Banking Boom” or “Smart Beta.” A great feature for those who want to start with expert-curated long-term baskets.
100% Paperless Account Opening: The sign-up process is seamless and entirely online, ideal for tech-savvy investors looking for speed and convenience.
SEBI Registered & NSE/BSE Member: FYERS is a SEBI-registered broker and part of India’s major stock exchanges, making it a secure and trustworthy choice among stock exchange brokers.

FYERS Charges Table July 2025

Service	Charges
Account Opening	₹0
Annual Maintenance (AMC)	₹0
Equity Delivery	₹0
Equity Intraday	₹20/order
F&O Trading	₹20/order
Thematic Investments	Free
Mutual Funds	Not available
Call & Trade	₹20 per order

FYERS is one of the best Indian broker options for self-directed investors who want powerful tools without paying high brokerage.

Is FYERS the Best Broker for You?

Technical traders who rely heavily on advanced charting tools
DIY investors looking for minimal fees and a clean experience
Long-term investors seeking ₹0 delivery trades
Those looking for a fresh alternative to traditional brokers
Anyone searching for a fast, intuitive platform with serious power

FYERS may not offer mutual funds or banking integration (yet), but it excels at what it does—giving serious traders a crisp, cost-efficient platform. If you’re trying to figure out the best broker India offers for hands-on investors, FYERS is an excellent, modern choice.

Charges & Brokerage Comparison Table July 2025

Broker	Account Opening Fee	AMC (Annual Maintenance)	Equity Delivery	Equity Intraday	F&O Trading	Call & Trade
Zerodha	₹200	₹300/year	₹0	₹20/order	₹20/order	₹50/order
Upstox	₹0	₹300/year	₹0	₹20/order	₹20/order	₹20/order
Angel One	₹0	₹240/year	₹0	₹20/order	₹20/order	₹20/order
Groww	₹0	₹0/year	₹0	₹20/order	₹20/order	Not Available
5paisa (Basic)	₹0	₹300/year	₹20/order	₹20/order	₹20/order	₹100/order
5paisa (Ultra)	₹0	₹300/year	₹10/order	₹10/order	₹10/order	₹100/order
ICICI Direct	₹0–₹975	₹300–₹700/year	₹0–0.55%	₹20/order or 0.275%	₹20/order	₹25/order
HDFC Securities	₹999	₹750/year	0.50%	0.05%	₹20–₹25/order	₹20/order
Motilal Oswal	₹0–₹999	₹300–₹999/year	₹20/order or 0.5%	₹20/order or 0.05%	₹20/order	₹25/order
Sharekhan	₹0–₹750	₹400–₹750/year	0.50%	0.10%	₹20–₹30/order	₹20–₹30/order
FYERS	₹0	₹0/year	₹0	₹20/order	₹20/order	₹20/order

Best Stock Broker in India for Different Needs

With so many brokers offering low-cost trading, slick mobile apps, and advanced features, choosing the best stock broker in India really depends on your individual needs. Whether you’re a beginner, an intraday trader, or a long-term investor, there’s no one-size-fits-all. Here’s a breakdown of the top stock brokers as per specific user requirements—so you can find the perfect fit.

Category	Best Broker
Cheapest Brokerage	Zerodha
Easiest for Beginners	Groww
Best Full-Service Broker	ICICI Direct
Best for Technical Trading	FYERS
Smart Tools + Low Fees	5paisa
Long-Term Investing Focus	Angel One
Strongest Research	Motilal Oswal
Best Relationship Support	Sharekhan

Choosing the best stock brokerage account in India depends on your trading style and goals. Whether you’re after the best discount stock broker, want full-service support, or need elite tools—this list of the top 10 stock brokers has got you covered.

Account Opening Process (With Tips)

Opening a stock trading account in India is easier than ever. Here’s a step-by-step guide followed by helpful tips to get started with the best stock broker online India offers:

Choose a Broker: Select from the top ten stock brokers like Zerodha, Upstox, Groww, or ICICI Direct based on your needs.
Visit the Broker’s Website: Go to their official website or download the app.
Sign Up with PAN & Aadhaar: Most brokers require your PAN, Aadhaar, and linked mobile number for e-KYC.
Upload Documents: Submit bank proof, signature, income proof (for F&O), and a selfie.
eSign via Aadhaar OTP: Complete your application using Aadhaar-based e-signature.
Verification & Activation: Once verified, your account will be activated—often within 24–48 hours.

Tips:

Choose brokers with ₹0 account opening and low AMC if you’re a beginner.
Go for brokers from the discount brokerage list if you prefer low-cost intraday trading.
Compare platforms and read reviews of the best rated stock trading sites before deciding.

Which is the No.1 stock broker in India?

Zerodha is currently the No.1 in terms of active clients, low brokerage, and platform stability. It’s among the leading share brokers in India.

Who offers the lowest brokerage in India?

5paisa (Ultra Plan) and Zerodha are among the cheapest brokers in India, charging as low as ₹10–₹20 per trade.

Which broker is best for beginners?

Groww and Angel One are great for beginners thanks to their clean interface, ₹0 delivery charges, and easy-to-use apps. They top the list of best stock broker online India for newbies.

Are stock brokers in India safe to use?

Yes, most discount stock brokers in India and full-service firms are SEBI-registered, regulated, and use encrypted platforms to protect your data and money.

Can I switch brokers easily?

Yes! You can switch brokers by opening a new Demat account and transferring your holdings using a DIS (Delivery Instruction Slip) or CDSL Easiest facility. No need to close your existing account unless you want to.

Conclusion

Finding which is the best stock brokers in India depends on your trading goals, budget, and preferences. Whether you’re looking for the best broker for delivery trading, the cheapest broker in India for intraday, or a trusted name with advisory support—there’s something for everyone.

From discount brokerage in India like Zerodha, Upstox, and FYERS, to full-service stock market brokers like ICICI Direct and Motilal Oswal, you have a wide choice. Go through this guide, check the broker stock market charges, explore features, and pick what aligns with your investment style.

The discount stock brokers in India have made investing more accessible than ever—so whether you’re just starting out or scaling your portfolio, now is a great time to get started.