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Founded by Nikhil Kamath and Nitin Kamath, Zerodha is the fastest growing discount broker in India. Started in 2010, with customer centric approach, soon Zerodha became market leader in the industry and currently serving 65+ lakhs active clients. Being the No.1 stock broker, Zerodha is technologically the most advanced stock broker in India. Zerodha is a discount broking firm that provides the facility to invest in equity, currency, direct mutual fund, commodity, IPO,  future and options. The brokerage charges of Zerodha for equity delivery and direct mutual funds are zero. For intraday trading, the brokerage charge is Rs. 20 or 0.03% (whichever is lower) irrespective of transaction size. The account opening charge with Zerodha is Rs. 300 and the same amount for annual maintenance charge. For investment in equity and mutual funds, Zerodha has developed two different applications, Kite for investment and intraday trading and Coin for mutual funds investment.

ICICIDirect 

Established in 1995, ICICIDirect is one of largest full-service stock brokers in India. It is part of the ICICI group. It has a total customer base of over 50 lakhs. It offers a wide range of financial services which includes investment in stocks, trading in stocks, futures and options, currency, commodities, NCDs, bonds, mutual fund and IPO. ICICIDirect offers two types of accounts to its customers which are 3 in 1 and 2 in 1 accounts. Under 3 in 1, the broker offers bank account, demat account and trading account while under 2 in 1, it offers demat and trading accounts. It has four different brokerage plans to offer to its customers which are 'ICICI Neo Plan', 'ICICIDirect Prime Plan', 'I Secure Plan' and ' Prepaid Plan'. It charges 0.018% for equity delivery, equity intraday and equity futures and Rs. 25 for equity options and Rs. 20 for all rest segments. Account opening charge with ICICIdirect is zero while annual maintenance charge is Rs. 700.

Basic Details 

Broker Ratings

Product Offerings

Brokerage Charges 

Leverage/Margins  

Additional Features 

Other Investment Options 

Founded by Nikhil Kamath and Nitin Kamath, Zerodha is the fastest growing discount broker in India. Started in 2010, with customer centric approach, soon Zerodha became market leader in the industry and currently serving 65+ lakhs active clients. Being the No.1 stock broker, Zerodha is technologically the most advanced stock broker in India. Zerodha is a discount broking firm that provides the facility to invest in equity, currency, direct mutual fund, commodity, IPO,  future and options. The brokerage charges of Zerodha for equity delivery and direct mutual funds are zero. For intraday trading, the brokerage charge is Rs. 20 or 0.03% (whichever is lower) irrespective of transaction size. The account opening charge with Zerodha is Rs. 300 and the same amount for annual maintenance charge. For investment in equity and mutual funds, Zerodha has developed two different applications, Kite for investment and intraday trading and Coin for mutual funds investment.

5Paisa

Established in 2016, 5paisa Capital Limited is India's one of the fastest growing discount broking firms with more than 1.4 million active clients as of December, 2022. Prakarsh Gagdani and Nirmal Jain founded the Company with the aim of providing easy access to investment and  trading in the stock market. 5paisa Capital Limited is also listed at NSE and BSE stock exchanges. It provides the facility to invest in equity, intraday trading, commodities, currency, futures and options, IPO and mutual funds (both regular and direct). The brokerage charges of 5paisa is flat Rs. 10 irrespective of trade volume and segment. 5paisa has three plans for brokerage charges- 'Basic Pack', 'Power Pack' and 'Ultra Trader Pack'. These plans provide flat charges. The account opening charge with 5paisa is zero while it charges Rs. 300 for annual maintenance charge. The services of 5paisa can be accessed with mobile application or web.

Basic Details 

Broker Ratings

Product Offerings

Brokerage Charges 

Leverage/Margins  

Additional Features 

Other Investment Options 

Founded by Nikhil Kamath and Nitin Kamath, Zerodha is the fastest growing discount broker in India. Started in 2010, with customer centric approach, soon Zerodha became market leader in the industry and currently serving 65+ lakhs active clients. Being the No.1 stock broker, Zerodha is technologically the most advanced stock broker in India. Zerodha is a discount broking firm that provides the facility to invest in equity, currency, direct mutual fund, commodity, IPO,  future and options. The brokerage charges of Zerodha for equity delivery and direct mutual funds are zero. For intraday trading, the brokerage charge is Rs. 20 or 0.03% (whichever is lower) irrespective of transaction size. The account opening charge with Zerodha is Rs. 300 and the same amount for annual maintenance charge. For investment in equity and mutual funds, Zerodha has developed two different applications, Kite for investment and intraday trading and Coin for mutual funds investment.

Kotak Securities 

Incorporated in 1994, Kotak Securities is India's largest full-service stockbroker. It is the subsidiary of Kotak Mahindra Bank Ltd. It is one of the oldest stock brokers in India. It services approximately 12+ lakhs active clients. It provides the facility to invest and trade in stocks, commodities,  currency, mutual funds, IPO, futures and options. The company provides 4 types of accounts to its clients. 3-in-1 Account (combination of savings, demat, and trading accounts),  2-in-1 Account (combination of trading and demat account), Private Client Group ( for high net worth individuals) and NRI account. The brokerage charges vary as per the account type. Account opening with Kotak Securities is zero while they charge Rs. 600 for annual maintenance charge. It also offers portfolio management services. Kotak Securities has 153 branches across 361 cities in India. The services of Kotak Securities can be accessed through a laptop or mobile also. 

Details

Broker Ratings

Product Offerings

Brokerage Charges

Founded by Nikhil Kamath and Nitin Kamath, Zerodha is the fastest growing discount broker in India. Started in 2010, with customer centric approach, soon Zerodha became market leader in the industry and currently serving 65+ lakhs active clients. Being the No.1 stock broker, Zerodha is technologically the most advanced stock broker in India. Zerodha is a discount broking firm that provides the facility to invest in equity, currency, direct mutual fund, commodity, IPO,  future and options. The brokerage charges of Zerodha for equity delivery and direct mutual funds are zero. For intraday trading, the brokerage charge is Rs. 20 or 0.03% (whichever is lower) irrespective of transaction size. The account opening charge with Zerodha is Rs. 300 and the same amount for annual maintenance charge. For investment in equity and mutual funds, Zerodha has developed two different applications, Kite for investment and intraday trading and Coin for mutual funds investment.

IIFL

Incorporated in 1995 by Nirmal Jain, India Infoline Finance Limited is a leading stock broker in India. IIFL was the first broker who launched its website in the year 2000 for online trading in India. IIFL is a full service stock broker. It has 11+ lakhs active clients. The Company provides various financial products and services to its customers such as investment in stocks, intraday trading, commodities, currency, mutual fund, bonds, IPO futures and options. In addition to this, the Company also offers Life Insurance, Fixed Deposits and Loans. Currently, the Company has 1.1 million active clients making it one of largest full service stock brokers. It offers one simple flat rate brokerage charge i.e. Rs. 20 per transaction irrespective of trade volume and segment including equity delivery. Account opening charge with IIFL Securities is zero while they charge Rs. 250 for annual maintenance charge. The branches of the Company are not only present across India but abroad as well including Dubai, London, Singapore, Hong Kong, New York, Mauritius Colombo etc.

Details 

Broker Ratings

Product Offerings

Brokerage Charges 

Leverage/Margins  

Additional Features 

Other Investment Options 

Zerodha 

Founded by Nikhil Kamath and Nitin Kamath, Zerodha is the fastest growing discount broker in India. Started in 2010, with customer centric approach, soon Zerodha became market leader in the industry and currently serving 65+ lakhs active clients. Being the No.1 stock broker, Zerodha is technologically the most advanced stock broker in India. Zerodha is a discount broking firm that provides the facility to invest in equity, currency, direct mutual fund, commodity, IPO,  future and options. The brokerage charges of Zerodha for equity delivery and direct mutual funds are zero. For intraday trading, the brokerage charge is Rs. 20 or 0.03% (whichever is lower) irrespective of transaction size. The account opening charge with Zerodha is Rs. 300 and the same amount for annual maintenance charge. For investment in equity and mutual funds, Zerodha has developed two different applications, Kite for investment and intraday trading and Coin for mutual funds investment.

Motilal Oswal 

Established in 1987, Motilal Oswal Securities Limited is known for best-in-class trading application, portfolio management and its dedicated customer support. It is one of the oldest stock brokers in India. Being a full service stock broker, Motilal Oswal has been serving since last 30 years with approx 10 lakhs active clients base so far.  It has also won best performing Equity Broker by CNBC TV18 financial advisor awards.  As of now it enables its customers to trade into equity, intraday trading, derivative trading, commodities, currency, futures and options, IPO,  mutual fund and bonds. Other financial products include Gold, Insurance and Fixed Deposits. The brokerage charges of Motilal Oswal are different for different segments. For equity delivery, the brokerage charge is 0.20%. For equity intraday, futures and flat Rs. 20 per lot for equity and currency options. The account opening charge with Motilal Oswal is zero while they charge Rs. 199 for annual maintenance charge. 

Details 

Broker Ratings

Product Offerings

Brokerage Charges

Leverage/Margins  

Additional Features 

Other Investment Options 

Zerodha 

Founded by Nikhil Kamath and Nitin Kamath, Zerodha is the fastest growing discount broker in India. Started in 2010, with customer centric approach, soon Zerodha became market leader in the industry and currently serving 65+ lakhs active clients. Being the No.1 stock broker, Zerodha is technologically the most advanced stock broker in India. Zerodha is a discount broking firm that provides the facility to invest in equity, currency, direct mutual fund, commodity, IPO,  future and options. The brokerage charges of Zerodha for equity delivery and direct mutual funds are zero. For intraday trading, the brokerage charge is Rs. 20 or 0.03% (whichever is lower) irrespective of transaction size. The account opening charge with Zerodha is Rs. 300 and the same amount for annual maintenance charge. For investment in equity and mutual funds, Zerodha has developed two different applications, Kite for investment and intraday trading and Coin for mutual funds investment.

Incorporated in 2017, Paytm Money is a SEBI-registered wholly owned subsidiary of One97 Communication Limited which also owns the Paytm Brand. Paytm Money is a discount broking firm, hence it doesn't offer any tips or recommendations on stocks. It has 5+ lakhs active clients so far. It offers low brokerage charges as compared to other brokers in the industry. Started with direct mutual funds investment, Paytm Money has now diversified its services to Equity trading, investment in IPO, ETFs, digital gold and futures and options. To compete with other leading brokers, Paytm Money offers free mutual funds investment and redemption. For equity delivery, Paytm Money charges 2.5%, 0.05% for equity intraday, 0.02% for equity futures and flat Rs. 15 per trade for equity options. The account opening charge of Paytm Money is zero and account maintenance charge is also zero. Paytm has developed its own mobile and web application to access its services. 

Details 

Broker Ratings

Product Offerings

Brokerage Charges 

Leverage/Margins 

Additional Features 

Other Investment Options