Compare Best Stock Brokers in India (2026)

Zerodha

Discount Broker

★4.5

Zerodha is the largest stock broker in India, with over 1.8+ crore customers placing billions of orders every year through its investment platforms. Zerodha started its operations on 15th August, 2010, to fill the gap between traders and investors by offering a platform with low charges, long-term support, and easy-to-use technology. Zerodha is one of the largest Online brokerage platforms offering flat-fee discount brokerage services for investing in stocks, derivatives, mutual funds, ETFs, IPOs, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Today, its low-cost pricing model and in-house technology make Zerodha the best stock broker. It has built a wide range of Sleek, modern, and intuitive trading platforms for its investors, including Kite for trading, Console for trading reports and visualisations, Coin to buy direct mutual funds online, Kite Connect API to build its own trading applications, Varsity mobile for stock market lessons, and Trading Q&A.

Upstox

Discount Broker

★4.3

Upstox is the second-largest brokerage in India, serving over 1 crore active users today. Established in 2009 by Ravi Kumar, Raghu Kumar, and Shrini Viswanath to make trading and investing accessible and affordable in India. Upstox entered the retail trading space in 2012, and within 2 years they hit a Trading turnover of Rs 4,000 crore. It received funding from various well-known investors such as Kalaari Capital, Mr.Ratan Tata, and Tiger Global, taking its valuation to $3.5 billion. In 2022, its trading turnover crossed the Rs 60,000 cr+ mark. Today, Upstox is one of India’s largest and lowest-cost online discount broker platforms, offering flat-fee discount brokerage services for investing in stocks, Mutual Funds, IPOs, FDs, NCDs, ETFs, personal loans, NPS, futures & Options, currency, and commodities through its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox started by offering accessible, affordable, and simple trading services. Upstox also offers a separate mode called Upstox for Investors, where users can track the performance of all investments, stock SIPs, and access ready-made mutual fund portfolios.

Angel One

Discount Broker

★4.2

Angel One started its Stock Brokerage firm in 1996 and became one of the largest full-service retail brokers in India. The company offers a diverse range of innovative products, including Calculators, Corporate bonds, Smart API, Trade with TradingView, MTF, online trading and investing, advisory, margin trading facility, algorithmic trading, and smart orders via its Angel One Trade and Wealth Management platforms. Today, Angel One has served 3.8 Cr+ registered users, 11,000+ authorised persons, and 10 Cr+ App Downloads. Over the last 30 years, Angel One has worked to make investing simpler by offering discount brokerage rates to its customers. Through Angel One, investors can trade and invest in Stocks, Mutual Funds, Indices, IPOs, commodities, F&O, and ETFs. It also provides various stock portfolio trackers and trading platforms, such as a web trading platform, a mobile trading app, Smart API, ARQ Prime, and Angel NXT.

Groww

Discount Broker

★4.1

Founded in 2016 in Bengaluru, Groww started as a direct mutual fund investment platform and has now become India’s first investing platform with 2 crore+ active investors. Groww offers various flat-fee discount brokerage services for investing in stocks, derivatives, mutual funds, ETFs, NFOs, IPO, Futures & Options, Bonds, Direct Mutual Funds, and digital gold in the form of gold ETFs and gold funds. Groww aimed to make investing in India fast, easy, and transparent by launching its own trading platform, Groww, on the app and web, simplifying finance. Trade F&O like a Pro with Groww, where traders can track charts, positions, analysis chain, view payoffs, and create baskets. Groww is a fast-growing online broker with 14.38 million users as of June 2025. It also offers an online brokerage calculator to estimate brokerage per order, along with stamp duty, transaction fees, SEBI turnover fee, GST, and Securities Transaction Tax (STT).

ICICI Direct

Discount Broker

★3.9

ICICI Direct is India’s Largest retail stock broker. It offers a diverse range of online trading and investment services, including equities, IPOs, mutual funds, Bonds, NPS, REITs, Fixed Income, insurance, F&O, Commodities, wealth products, Home Loans, and financial planning on a single integrated digital platform. ICICI Direct offers its own brokerage calculator to estimate the total net profit/loss of buying and selling securities. By combining financial expertise and technology-driven innovation, ICICI Direct makes investing simpler so investors can manage their investments with trust and confidence. ICICI also offers ICICI 3-in-1 accounts, where investors can directly invest using funds in an ICICI Bank savings account. It also provides a wide range of other services such as private wealth management, APIs & Tools, Web platform, Loans and Credit cards.

HDFC Securities

Discount Broker

★3.8

HDFC Securities is a leading full-service stock broker in India and a subsidiary of HDFC Bank. Established in 2000, HDFC Securities allows users to invest and trade in Equities, mutual funds, IPOs, derivatives, bonds, futures, options, buybacks, and currency. Recently, HDFC Securities also launched its own HDFC Securities app with innovative features like swipe order execution, advanced smart search, watchlist, real-time market updates, and a user-friendly interface. HDFC Securities is a SEBI-registered broker that offers more than 30 products and has 1,800,000+ active clients. It also provides a wide range of distribution products across Mutual Funds, FDs, NPS, Global Investing, and Alternate products. The company has over 25 years of experience, backed by 500+ analysts who research and pick fresh stocks daily, provide reports and recommendations, portfolio guidance, and market insights.

Kotak Securities

Discount Broker

★3.8

Kotak Securities (Kotak Neo) is one of India’s oldest stock broking companies and allows investors to invest in a wide range of financial services, including Stocks, Mutual Funds, IPOs, Futures & Options, commodities, debt, currencies, Stockcase (Stock Baskets), non-convertible debentures, exchange-traded funds, and Siplt through its all-in-one platform. Along with investment products, the firm also offers various features and tools such as MTF, Securities Accepted as Collateral, Margin Requirements, Equity Screeners, Payoff Analyzer, and Kotak Neo MCP. Kotak Neo is a subsidiary of Kotak Mahindra Bank known to offer simplified investment solutions and Unique value-added services. So far, Kotak Neo has served 5 Mn+ customer accounts and has a presence across 145+ branches, 1000+ franchises, and 310+ cities across India. Kotak Neo also provides a wide range of trading platforms, including Kotak Neo App & Web, Nest Trading Terminal, NEO Trade APIs, Trade From Charts, a 3-in-1 banking relationship, and Specialised Investment Funds.

5paisa

Discount Broker

★3.7

5paisa is one of the leading online stockbrokers and investment platforms that offers discount brokerage services and allows investors to invest and trade in a wide range of financial products. Investors can easily invest in stocks, Mutual funds, IPOs, ETFs, US Stocks, NFOs, and can trade in commodities and Futures & Options through the 5paisa trading platform. Since its incorporation, 5paisa has aimed to offer fast, simple, and affordable products. 5paisa also offers a diverse range of trading products, including the 5paisa demat account, FnO 360, Scalper terminal, Trader’s terminal, Xstream APIs, pay later MTF, 5paisa EXE, T + 5, AlgoSpace, etc., each product built for a fast, seamless, powerful, and intuitive experience, simplifying investing for all. 5paisa also offers an online brokerage calculator so investors can estimate the brokerage charges and total trading costs.

Mirae Asset Sharekhan

Discount Broker

★3.6

Mirae Asset Sharekhan was one of the first brokers to offer online trading in India. Founded in 2000, Mirae Asset Sharekhan (Previously known as Sharekhan) is one of the leading online trading and investment firms, allowing investors to invest in a diverse range of products and services, including Equity trading, IPO, Futures & Options, commodity trading, Mutual Funds, Bonds, FDs, currency trading, MTF, portfolio management services, Algo solutions, and Wealth Management services through its Sharekhan platform. Mirae Asset Sharekhan operates a full-service model, which includes an expert Research team, experienced Relationship Managers, and a wide network of branches committed to offering better financial solutions to all customers. Sharekhan is a global broker that also provides a wide range of feature-rich and speedy platforms such as Trade Tiger, Dial N Trade, Sharekhan App & Website, and InvesTiger, through which investors can easily trade and invest. Today, Sharekhan serves 32 Lakh+ Customers across 900+ locations and 4,000+ outlets, and manages over ?3 lakh crore+ in customer assets.

Motilal Oswal

Discount Broker

★3.9

Motilal Oswal is one of the leading online share trading and investment brokers that allows investors to invest in IPOs, ETFs, bonds, fixed deposits, Mutual funds, US stocks, pay later (MTF), HUF, Insurance, NRI, FNO, Bonds, and Alternative Investment funds. It was founded in the year 1987, has over 37 years of industry experience, is trusted by 40 lakh+ customers, has a presence across 2500+ branches, and includes 1100+ investments advisors. It also offers trading services in Equity, Commodity, currency, and Derivatives. Motilal Oswal also provides multiple trading and investment platforms, including Research 360, MO API, Riise, STRATX, Strategy Builder, and Riise for Option Traders. Along with retail investors, Motilal Oswal also has a wide range of clients: high net-worth individuals, mutual funds, foreign institutional investors, financial institutions, and corporate clients. Motilal Oswal charges Rs 0 brokerage on account opening and Rs 0 for account maintenance for the 1st year.