Guide to Top 5 Share Brokers in India

These top 5 share brokers in India offer advantages, such as low brokerage and zero-commission trading. Compare their pricing to find the best fit.

Choose From the Top 5 Share Brokers in India

When it comes to trading in India’s bustling stock market, having the right brokerage firm can make all the difference. Here, we present the top five share brokers, each offering unique features and competitive pricing to meet the diverse needs of investors.

In this article, you will read about the following:

  1. Groww Emerges as the Premier Choice Among Top 5 Share Brokers in India
  2. Shoonya Ranks 2nd Among Top 5 Share Brokers in India
  3. Angel One Holds 3rd Place Among Top 5 Share Brokers in India
  4. Zerodha Secures 4th Place Among Top 5 Share Brokers in India
  5. Upstox Takes 5th Spot Among Top 5 Share Brokers in India

Groww Emerges as the Premier Choice Among Top 5 Share Brokers in India

Topping the charts of best brokers in India, Groww, founded in 2016, redefines simplicity in investing. Groww offers a low brokerage charge of Rs 20 per trade across Equity, Intraday, and F&O.

It also offers zero-commission direct mutual funds, coupled with instant online account opening and rich educational resources.

Pricing

  • Equity Delivery: Rs 20 per trade
  • Equity Intraday: Rs 20 per trade
  • Equity F&O: Rs 20 per trade

Open a free demat account with no annual charges!

Shoonya Ranks 2nd Among Top 5 Share Brokers in India

Launched in 2013, Shoonya stands as India’s pioneer trading app with zero brokerage. Accessible on the web, mobile and desktop, it offers a plethora of innovative features to traders. 

With a lifetime free demat account, it offers zero brokerage across all trading segments, including equity, commodity, futures & options, currency, and mutual funds.

Pricing

  • Zero brokerage on all segments
  • Advanced Trading Tools
  • Free demat account and zero AMC

Angel One Holds 3rd Place Among Top 5 Share Brokers in India

Formerly known as Angel Broking and established in 1987, Angel One is a renowned financial services provider. It provides a user-friendly trading platform offering stocks, commodities, currencies, mutual funds, IPOs, bonds, etc.

It operates on a transparent pricing model with flat charges per order across various segments.

Pricing

Equity Intraday, Futures & Options: Flat Rs 20 per order or 0.25% (whichever is lower)

Trade with a lifetime free demat account!

Zerodha Secures 4th Place Among Top 5 Share Brokers in India

Zerodha, one of the best 5 share brokers in India, offers transparency and technological advancements when it comes to online trading.

  • Zero Brokerage for Equity Delivery and Mutual Funds, with a maximum charge of Rs 20 per trade.
  • Offers up to 20x leverage on intraday trading and zero-commission Direct Mutual Funds.
    Multiple trading platforms like Zerodha Kite, Coin, and Varsity.
  • Flat Rs 20 or 0.03% per executed order for Equity Intraday, Futures, Options, Currency, and Commodity trades.
  • Account opening charges range from Rs 200 to Rs 400, with a Demat Account AMC of Rs 300 per year.

Upstox Takes 5th Spot Among Top 5 Share Brokers in India

Founded in 2011, Upstox offers a comprehensive suite of products and services. Additional charges include call & trade fees and instant money transfer fees.

  • Offers equity, commodity, futures & options, currency, IPOs, and more on its Upstox Pro Web and Mobile platforms.
  • Upstox Pro is renowned for its user-friendly interface, advanced charting tools, and seamless order execution.
  • Transparent fee structure with charges for various trading segments and additional fees.
  • Charges vary depending on the trading segment, with a flat fee of Rs 20 per executed order or a percentage of the transaction value.

Conclusion

In summary, these top 5 brokers in India stand out as the best brokers in the country. They offer unparalleled services and platforms that cater to investors’ diverse needs.

Compare and choose the best broker for your trading needs!

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