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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.

AxisDirect 

Established in 2005, AxisDirect is a full service broking firm in India. It is the subsidiary of one of largest private sector banks Axis Bank. It has approximately 4+ lakhs active clients. It provides the facility to invest and trade into equity, intraday trading, mutual funds, IPO, futures,  options, bond, NCD, ETF and Fixed Deposits. In addition to these services, AxisDirect also offers various types of loans such as Home Loans, Personal Loans, Auto Loans, Loan against Share, Laina against Property,  Loan for SME etc. It offers free research reports, webinars and classroom sessions as well. It offers 3-in-1 accounts which include a savings account, demat account and trading account. Based on customers' requirements, AxisDirect offers multiple trading platforms such as Direct Trade( a desktop trading application), Swift Trade, AxisDirect Mobile App and AxisDirect Lite. The charges of AxisDirect are 0.50% per trade for equity delivery, 0.05% per trade for intraday trading, Rs. 25 for options, 0.03% for futures. The account opening charge with AxisDirect is Rs. 499 and annual maintenance charge is Rs. 790.

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.

Choice Broking 

Started in 2010, Choice is a Mumbai- based SEBI-registered full service broking firm. It is the subsidiary of Choice International Limited which is a publicly listed Company. Currently, Choice is serving approximately 300K clients. It is one of those full service brokers whose brokerage charges are very low compared to other full service brokers. It provides a wide range of products and services to its clients such as equity, mutual funds, derivatives, currency, commodities, wealth management, portfolio management, loan against share and insurance etc. Choice charges 0.20% for equity delivery, 0.02% for equity intraday and futures, Rs. 25 for equity options, Rs. 10 for currency options and Rs. 100 for commodities options.  The account opening charge with Choice is free while account maintenance charge is Rs. 200. The Company also provides services to NRI trading. So far, the Company has 50+ offices and 1100+ franchises spread across the country.

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.

Edelweiss 

Established in 2008 by Edelweiss group, Edelweiss Broking Limited is a full service broking firm. It is one of the highly rated full service brokers. Currently, the Company is serving 200K+ clients. It provides its customers the facility to invest and trade in equity delivery, intraday, mutual funds, debt, currency, commodities, IPOs, futures and options. The Company charges 0.30% for equity delivery, 0.03% for intraday and equity futures, Rs. 75 for equity options, 0.02% for currency futures, Rs. 20 for currency options and 0.01% for commodities futures. The account opening charge with Edelweiss is free whereas account maintenance charge is Rs. 500. The Company has developed its own trading platform for mobile, web and desktop to access its services. The Company has a strong presence with 475 offices across 200 locations in the country. It has won many national awards such as NDM Awards, ABP BFSI Awards and many more. 

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.

FYERS

Incorporated in 2015 by Commodity Trader Tejas Khoday, FYERS is a discount broking firm. The full form of FYERS is "Focus Your Energy and Reform the Self". Started with the aim of providing world class trading experience, FYERS is serving approximately 150K active clients.  FYERS is one of the cheapest discount brokers in India. The brokerage charges of FYERS are very similar to Zerodha. It provides the facility to invest in equity cash, intraday,  mutual fund, futures and options and currency. FYERS charges zero fees for equity delivery, 0.03% for intraday and  futures and flat Rs. 20 for options. The account opening charge and annual maintenance charge with FYERS is zero. The Company has developed web and mobile apps and desktop software to access its services. FYERS has a unique feature called "Thematic Investing" under which they provide a set of predefined stock in which customers can invest. It is  for free for the customers of FYERS. 

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.

Alice Blue 

Incorporated in 2006 by Sidhavelayutham Mohanmoorthy with five employees, Alice Blue is a discount broker offering low cost trading and investing services. It is one of those stock brokers whose brokerage charges are very low compared to other discount brokers. Currently, the Company is serving 144K plus active clients. The Company offers the facility to invest and trade into equity delivery, intraday, commodities, currency, futures and options, mutual funds etc. The brokerage charges of Alice Blue is zero for equity delivery, flat Rs. 15 for options and for futures it charges flat Rs. 15 or 0.01% for all other segments. Alice Blue provides a free demat account whereas it charges Rs. 400 as annual maintenance charge. The Company has developed its own trading platform for mobile app, web and desktop which provides seamless trading experience. The company is spread over 17+ cities across the country along with 1000+ partners. 

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.

Anand Rathi 

Founded by Anand Rathi and Pradeep Gupta, Anand Rathi is Mumbai-based a full service broker working since 1994. It is one of the oldest stock brokers and has approximately 2500 employees. Currently, the Company has 108K active clients. It offers a wide range of financial products and trading services to its customers such as equity delivery, intraday trading, commodities, currency, futures and options, IPO, mutual funds and insurance. The Company doesn't charge for opening a demat account while it charges Rs. 450 for annual maintenance charge. The brokerage charges with Anand Rathi is 0.02% for equity delivery, 0.02% for equity intraday, equity futures and commodity futures, flat Rs. 100 for equity options, Rs. 25 for currency options, currency futures and commodity options. The Company provides different online trading  tools for different devices such as Trade Mobi for mobile,  Trade Xpress for web, Trade Xpro for desktop and a different platform for mutual fund investments. 

Details 

Broker Ratings

Product Offerings

Brokerage Charges 

Leverage/Margins  

Additional Features 

Other Investment Options