List of 21 + Stock Brokers in India 2021
5 Paisa | Aditya Birla Money | Almondz Global Securities |
Amrapali Capital & Finance | Ashika Stock Broking | Arihant Fincap Ltd |
Angel Broking | Axis Direct | BOB Capital Markets |
Canara Bank Securities | Edelweiss | Fyers |
Geojit Financial Services Ltd | HDFC Securities | IDBI Direct |
ICICI Direct | IIFL Securities | Indiabulls Ventures Subh |
Kotak Securities | LKP Securities | Motilal Oswal |
Nirmal Bang Securities | Religare Securities | Sharekhan |
SAS Online | Stockholding (SHCIL) Services Ltd | SMC Global Securities |
SAMCO Securities | SBICaps Securities | Upstox |
Ventura Securities | Wisdom Capital | Zen Securities |
Zerodha |
5PAISA CAPITAL
5Paisa is a top stock broker that charges the lowest brokerage of flat Rs. 10 per order under the Power Investor & Ultra Trader pack. But you need to pay up to Rs. 20 per order for stock delivery trades.
You get a common account for stock trading, mutual funds and insurance investment.
5paisa mobile app is the best mobile trading app till now in India. The app is really easy to use and provide great experience.
If you are looking for the cheapest brokerage charges and having a requirement for the mobile trading app then you should go with 5Paisa.
5Paisa offers two addon packs with lower brokerage charges
Transaction | Without Addon Pack | With Power Investor Pack | With Ultra Trader Pack |
Stock Delivery | Rs. 20 per order | Rs. 10 per order | Rs. 10 per order |
Stock Intraday Trading | Rs. 20 per order | Rs. 10 per order | Rs. 10 per order |
Stock F&O | Rs. 20 per order/lot | Rs. 10 per order/lot | Rs. 10 per order/lot |
Commodity F&O | Rs. 20 per order/lot | Rs. 10 per order/lot | Rs. 10 per order/lot |
Currency F&O Trades | Rs. 20 per order/lot | Rs. 10 per order/lot | Rs. 10 per order/lot |
Under the Ultra Trader pack, the first 100 trades are free every month after which you need to pay Rs. 10 per executed order.
5Paisa Account Opening & AMC Charges.
The Demat and Trading account opening is free. The account maintenance charges are up to Rs. 25 per month.
UPSTOX
Upstox is the fastest growing discount broker in India. Upstox is the best choice for high volume traders looking for high margins (up to 15X), low brokerages, and decent trading platforms.
You only pay brokerage of Rs. 20 to do an intraday, F&O, currencies, and commodities trading irrespective of the trade volume. The stock delivery is free.
- Free brokerage credit of Rs 1000
- Fix brokerage of Rs 20/trade
- Zero brokerage on stock deliver
- Advance trading platforms with charts & tools
There are two trading plans – namely the Basic plan and the Priority plan.
Trading Type | Brokerage Charges for Basic Plan |
Equity Delivery | Rs. 0 |
Equity Intraday | Lower of Rs. 20 per executed order or 0.05% |
Futures (Equity, Currency & Commodity) | Lower of Rs. 20 per executed order or 0.05% |
Options (Equity, Currency & Commodity) | Rs. 20 per executed order |
Upstox Account Opening & AMC Charges
- Demat & Trading account opening – Rs 299
- Account maintenance charges – Rs 25/month
Upstox Pro web helps you to perform in-depth stock and market analysis with advanced features like API integration, algo trading, powerful charts and 100+ technical indicators.
Additionally, the one-click trade helps you buy & sell quickly. Just preset your order preference to quickly get in and out of the trade.
NEST trader is a partnered trading desktop software that helps you monitor markets, place orders, and buy & sell shares in real-time.
You can install the application on a desktop or a laptop.
Features
- Multi-monitor view
- Customizable interface
- Advanced charting
- Low latency
Upstox is best for traders and investors because of the flat brokerage of Rs. 20 and decent trading platforms.