Best Indian Stock Brokers

6 discount and full-service brokers compared on real charges, not marketing.

Zerodha (Kite)

97/100

Discount Broker

Pioneers of discount broking and market leader in active retail participation.

Account Opening₹200 (Online via Aadhaar e-KYC)

AMC₹300/year + 18% GST (Billed quarterly at ₹75)

Equity Delivery₹0 (Free Equity Delivery)

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Dhan (Raise Financial Services)

95/100

Tech-First Discount Broker

The fastest-growing platform tailored exclusively for serious F&O and intraday traders.

Account Opening₹0 (Free Account Opening)

AMC₹0 (Lifetime Zero Demat AMC)

Equity Delivery₹0 (Free Equity Delivery)

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Groww (Nextbillion Technology)

94/100

Discount Broker

India’s largest broker by active NSE client count, built for mobile-first simplicity.

Account Opening₹0 (Free Account Opening)

AMC₹0 (Zero Demat Annual Maintenance Charges Forever)

Equity Delivery0.05% or ₹20 per executed order (whichever is lower)

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Angel One (formerly Angel Broking)

93/100

Hybrid Discount Broker

Pioneering technology broker with robust Margin Trading Facility and ARQ AI advisory.

Account Opening₹0 (Free Account Opening)

AMC₹0 for 1st year, then ₹20/month + 18% GST for non-BSDA accounts

Equity Delivery₹0 (Zero Brokerage on delivery)

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Upstox (RKSV Securities)

92/100

Discount Broker

Backed by Ratan Tata and Tiger Global, built on high-throughput modern infrastructure.

Account Opening₹0 (Free Account Opening)

AMC₹0 (Zero Demat Maintenance Fee)

Equity Delivery2.5% or ₹20 per executed order (whichever is lower)

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ICICI Direct

89/100

Full-Service 3-in-1 Broker

Premier 3-in-1 integrated banking and Demat account with research advisory.

Account Opening₹0 (Under ICICI Neo Plan promotion)

AMC₹300 - ₹700 per year based on plan variant

Equity Delivery0.55% (Traditional Plan) or ₹0 (ICICI Neo Plan)

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