Comprehensive comparison of popular Indian stock brokers for retail investors
Lowest Brokerage
Zerodha, Groww, Dhan
Zero equity delivery
Best for Beginners
Groww
Simplest UI, no AMC
Best Research
ICICI Direct, Angel One
In-depth reports & analysis
Best for Trading
Dhan, Zerodha
Fast execution, TradingView
Broker | Type | Account Opening | Equity Delivery | Intraday | F&O | AMC / Year | Rating | |
|---|---|---|---|---|---|---|---|---|
| Zerodha | Discount | Free | Zero | 0.03% | Rs.20/order | Rs.300/yr | 4.5 | Visit |
| Groww | Discount | Free | Zero | 0.05% | Rs.20/order | Zero | 4.3 | Visit |
| Angel One | Full Service | Free | Zero | Rs.20/order | Rs.20/order | Rs.240/yr | 4.1 | Visit |
| Upstox | Discount | Free | Zero | Rs.20/order | Rs.20/order | Zero | 4 | Visit |
| Dhan | Discount | Free | Zero | Rs.20/order | Rs.20/order | Zero | 4.2 | Visit |
| ICICI Direct | Full Service | Free | 0.55% | 0.275% | Rs.20/order | Rs.750/yr | 3.9 | Visit |
| 5paisa | Discount | Free | Rs.20/order | Rs.20/order | Rs.20/order | Zero | 3.8 | Visit |
| Kotak Securities | Full Service | Free | Zero (plans) | Rs.20/order | Rs.20/order | Rs.0-599/yr | 4 | Visit |
Discount vs Full Service
Discount brokers (Zerodha, Groww, Upstox) offer flat-fee pricing ideal for active traders. Full-service brokers (ICICI Direct, Kotak) provide research, advisory, and 3-in-1 accounts suited for long-term investors.
Brokerage Costs
Equity delivery is free at most discount brokers. Intraday and F&O typically cost Rs.20/order or 0.03%. AMC charges vary from zero (Groww, Upstox) to Rs.750/yr (ICICI Direct).
Platform & Technology
Zerodha's Kite and Dhan lead in execution speed. TradingView integration is available at Dhan and Upstox. API trading support at Zerodha, Angel One, and ICICI Direct enables algorithmic strategies.
Comparison data is for informational purposes only. Charges may vary. Verify with the broker before opening an account.
Popular online trading platforms for NSE / BSE stocks
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Links are for informational purposes only. We do not endorse any platform. Please do your own research before opening a trading account.