Unlimited Trading @ Rs 899 per month - Prostocks

Comparison of Share Brokers in India

Find the right broker

Discount brokers provide less number of services but at a much cheaper price. They offer no-frill services and specialized into few investment options. Discount brokers are good for 'do-it-yourself' kind of investors. While the services offered by them varies from broker to broker, many of the discount stock brokers do not provide services like stock research, investment in IPO's, Mutual Funds, FD's, Bonds and NCD's. They generally do not have their own research teams and thus do not provide wealth management related services. There are two sub categories of discount brokers in India by the way they charge the brokerage; Brokers charging Fixed Price per Trade and Brokers charging Fixed Monthly Fees for unlimited Trades. Below is the list of popular discount brokers in India:

Compare Discount Brokers

Broker Stock Broker Fees Brokerage Charges Key Offerings Ratings

Zerodha

18 Share Broker Logo

Contact Zerodha

Special Offers

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Charges
Account Opening Charge₹200 Brokerage Account AMC₹0 (Free) Demat Account AMC₹300 Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 (Free) Equity Intraday₹20 per executed order or .01% whichever is lower Equity Future₹20 per executed order or .01% whichever is lower Equity Options₹20 per executed order or .01% whichever is lower Currency Futures₹20 per executed order or .01% whichever is lower Currency Options₹20 per executed order or .01% whichever is lower
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  Yes Trading PlatformKite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Ratings
3.8 Fees 4.4 Brokerage 3.6 Usability 3.5 Customer Service Rated 3.7 stars Overall Rated By 357 Traders Rate

5paisa

4 Share Broker Logo

Contact 5paisa

Special Offers

FREE Account Opening (₹650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat ₹10 per order. Get the offer

Charges
Account Opening Charge₹650 Brokerage Account AMC₹0 (Free) Demat Account AMC₹400 Minimum Brokerage₹10 per trade
Brokerage
Equity Delivery₹10 per executed order Equity Intraday₹10 per executed order Equity Future₹10 per executed order Equity Options₹10 per executed order Currency Futures₹10 per executed order Currency Options₹10 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  No Trading Platform5paisa Trade Station
Ratings
3.1 Fees 3.9 Brokerage 2.9 Usability 2.2 Customer Service Rated 2.9 stars Overall Rated By 54 Traders Rate

Upstox

33 Share Broker Logo

Contact Upstox

Special Offers

FREE Account Opening (₹300 waived) (Until 17th May) + FREE Eq Delivery Trading + flat ₹20 per order for Intraday and F&O. Get the Exclusive Offer

Charges
Account Opening Charge₹150 (Eq and F&O), ₹150 (MCX) Brokerage Account AMC₹0 Demat Account AMC₹150 Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 (Free) Equity Intraday₹20 per executed order Equity Future₹20 per executed order Equity Options₹20 per executed order Currency Futures₹20 per executed order Currency Options₹20 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  No Trading PlatformUpstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Ratings
3.7 Fees 3.6 Brokerage 2.7 Usability 2.4 Customer Service Rated 2.5 stars Overall Rated By 59 Traders Rate

Master Trust

26 Share Broker Logo

Contact Master Trust

Charges
Account Opening Charge₹555 Brokerage Account AMCNil Demat Account AMC₹400 Minimum Brokerage₹0
Brokerage
Equity Delivery₹10 per executed order Equity Intraday₹10 per executed order Equity Future₹10 per executed order Equity Options₹10 per executed order Currency Futures₹10 per executed order Currency Options₹10 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  No Trading PlatformOMNESYS NEST
Ratings
3.4 Fees 4.4 Brokerage 3.8 Usability 3.8 Customer Service Rated 3.8 stars Overall Rated By 9 Traders Rate

Indiabulls

3 Share Broker Logo

Contact Indiabulls

Special Offers

FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

Charges
Account Opening Charge₹500 Brokerage Account AMC₹0 Demat Account AMC₹450 Minimum Brokerage₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
Brokerage
Equity Delivery₹0 (Free) Equity Intraday₹0 (Free) Equity Future₹15 per trade Equity Options₹15 per trade Currency Futures₹15 per trade Currency Options₹15 per trade
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  Yes Trading PlatformSHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
Ratings
3.4 Fees 3.1 Brokerage 3.8 Usability 3.1 Customer Service Rated 3.2 stars Overall Rated By 45 Traders Rate

SAMCO

138 Share Broker Logo

Contact SAMCO

Special Offers

Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

Charges
Account Opening Charge₹0 Brokerage Account AMC₹0 Demat Account AMC₹400 Minimum Brokerage₹0
Brokerage
Equity Delivery₹20 per executed order Equity Intraday₹20 per executed order Equity Future₹20 per executed order Equity Options₹20 per executed order Currency Futures₹20 per executed order Currency Options₹20 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  No Trading PlatformOMNESYS NEST, StockNote
Ratings
3.5 Fees 4.0 Brokerage 2.8 Usability 3.5 Customer Service Rated 3.6 stars Overall Rated By 12 Traders Rate

TradingBells

169 Share Broker Logo

Contact TradingBells

Special Offers

Free equity delivery trading (truly no brokerage) and Flat ₹20 Intraday and F&O trade brokerage. Get the offer

Charges
Account Opening Charge₹300 Equity | ₹200 Commodity Brokerage Account AMCNil Demat Account AMC₹300 Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 (Free) Equity Intraday₹20 per trade Equity Future₹20 per trade Equity Options₹20 per trade Currency Futures₹20 per trade Currency Options₹20 per trade
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  Yes Trading PlatformODIN, NSE NOW, JUSTRADE
Ratings
3.8 Fees 5.0 Brokerage 3.5 Usability 4.5 Customer Service Rated 4.0 stars Overall Rated By 4 Traders Rate

TradeSmart

24 Share Broker Logo

Contact TradeSmart

Special Offers

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Charges
Account Opening Charge₹200 Brokerage Account AMC₹0 Demat Account AMC₹300 Minimum Brokerage₹15 per executed order
Brokerage
Equity Delivery₹15 per executed order Equity Intraday₹15 per executed order Equity Future₹15 per executed order Equity Options₹15 per executed order Currency Futures₹15 per executed order Currency Options₹15 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  Yes Trading PlatformNEST, NOW, Spin
Ratings
3.8 Fees 4.5 Brokerage 3.7 Usability 4.0 Customer Service Rated 4.1 stars Overall Rated By 60 Traders Rate

SAS Online

25 Share Broker Logo

Contact SAS Online

Charges
Account Opening Charge₹200 Brokerage Account AMC₹0 Demat Account AMC₹200 Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 Equity Intraday₹0 Equity Future₹0 Equity Options₹0 Currency FuturesNA Currency OptionsNA
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  No Trading PlatformALPHA Web, ALPHA Trader and ALPHA Mobile (Omnesys NEST)
Ratings
4.3 Fees 4.6 Brokerage 3.3 Usability 3.9 Customer Service Rated 3.9 stars Overall Rated By 61 Traders Rate

iTradeOnline

42 Share Broker Logo

Contact iTradeOnline

Special Offers

Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Charges
Account Opening Charge₹0 (Free) Brokerage Account AMC₹0 (Free) Demat Account AMCRegular Demat: ₹300, Lifetime free AMC Demat: ₹0 Minimum Brokerage₹0 (No Minimum Brokerage)
Brokerage
Equity Delivery₹20 per executed order or .01% whichever is lower Equity Intraday₹20 per executed order or .01% whichever is lower Equity Future₹20 per executed order or .01% whichever is lower Equity Options₹20 per executed order or .01% whichever is lower Currency Futures₹20 per executed order or .01% whichever is lower Currency Options₹20 per executed order or .01% whichever is lower
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  Yes Trading PlatformOmnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Ratings
4.2 Fees 4.7 Brokerage 4.0 Usability 4.2 Customer Service Rated 4.3 stars Overall Rated By 6 Traders Rate

Tradeplus

170 Share Broker Logo

Contact Tradeplus

Special Offers

Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

Charges
Account Opening Charge₹199 Brokerage Account AMC₹0 Demat Account AMC₹500 (5 years)
Brokerage
Equity Delivery₹0 (Free) Equity Intraday0.01% Equity Future₹799 per month (unlimited trading) Equity Options₹99 per month (unlimited trading) Currency Futures₹99 per month (unlimited trading) Currency Options₹99 per month (unlimited trading)
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  Yes Trading PlatformINFINI, NSE NOW
Ratings
3.5 Fees 4.1 Brokerage 2.9 Usability 2.7 Customer Service Rated 3.1 stars Overall Rated By 24 Traders Rate

Tradejini

28 Share Broker Logo

Contact Tradejini

Charges
Account Opening Charge₹300 Brokerage Account AMC₹0 Demat Account AMC₹300 Minimum Brokerage₹0
Brokerage
Equity Delivery₹20 per executed order or 0.10% whichever is lower Equity Intraday₹20 per executed order or .01% whichever is lower Equity Future₹20 per executed order or .01% whichever is lower Equity Options₹20 per executed order Currency Futures₹20 per executed order or .01% whichever is lower Currency Options₹20 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  No Trading PlatformOMNESYS NEST, NSE NOW
Ratings
3.6 Fees 4.1 Brokerage 4.1 Usability 4.6 Customer Service Rated 4.3 stars Overall Rated By 7 Traders Rate

Alice Blue

43 Share Broker Logo

Contact Alice Blue

Special Offers

Aliceblue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

Charges
Account Opening ChargeEquity ₹310 | Commodity ₹120 Brokerage Account AMC₹0 Demat Account AMC₹0 Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 (Free) Equity Intraday₹20 per executed order or 0.01 whichever lower Equity Future₹20 per executed order or 0.01 whichever lower Equity Options₹20 per executed order or 0.01 whichever lower Currency Futures₹20 per executed order or 0.01 whichever lower Currency Options₹20 per executed order or 0.01 whichever lower
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  Yes Trading PlatformFront End: ANT | Back End: Omnesys NEST
Ratings
4.5 Fees 4.4 Brokerage 4.4 Usability 3.9 Customer Service Rated 4.3 stars Overall Rated By 19 Traders Rate

Wisdom Capital

29 Share Broker Logo

Contact Wisdom Capital

Charges
Account Opening Charge₹0 Brokerage Account AMC₹0 Demat Account AMC₹999 (Lifetime)
Brokerage
Equity Delivery₹9 per executed order Equity Intraday₹9 per executed order Equity Future₹9 per executed order Equity Options₹9 per executed order Currency Futures₹9 per executed order Currency Options₹9 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  No Trading PlatformNEST
Ratings
4.0 Fees 4.3 Brokerage 3.3 Usability 3.3 Customer Service Rated 3.6 stars Overall Rated By 26 Traders Rate

Fyers

32 Share Broker Logo

Contact Fyers

Special Offers

FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer

Charges
Account Opening Charge₹0 (Free) Brokerage Account AMC₹0 (Free) Demat Account AMC₹400
Brokerage
Equity Delivery₹0 (Free) Equity Intraday₹20 per executed order or .01% whichever is lower Equity Future₹20 per executed order or .01% whichever is lower Equity Options₹20 per executed order Currency Futures₹20 per executed order or .01% whichever is lower Currency Options₹20 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  Yes Trading PlatformFyers One (In-house build)
Ratings
3.5 Fees 3.9 Brokerage 3.4 Usability 4.2 Customer Service Rated 3.8 stars Overall Rated By 11 Traders Rate

Finvasia

39 Share Broker Logo

Contact Finvasia

Charges
Account Opening Charge₹0 (Free) Brokerage Account AMC₹0 (Free) Demat Account AMC₹0 per year (Lifetime Zero AMC) Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 Equity Intraday₹0 Equity Future₹0 Equity Options₹0 Currency Futures₹0 Currency Options₹0
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  Yes Trading PlatformScalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Ratings
4.4 Fees 4.8 Brokerage 3.1 Usability 4.8 Customer Service Rated 4.7 stars Overall Rated By 12 Traders Rate

Prostocks

38 Share Broker Logo

Contact Prostocks

Special Offers

Get Free Trading + Demat Account for limited time. Trade unlimited for ₹899 or ₹15/trade. Request a Callback

Charges
Account Opening Charge₹0 Brokerage Account AMC₹0 Demat Account AMC₹0 (Lifetime Zero AMC) Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 Equity Intraday₹0 Equity Future₹0 Equity Options₹0 Currency FuturesNA Currency OptionsNA
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  Yes Trading PlatformProStocks, NSE NOW
Ratings
4.6 Fees 4.4 Brokerage 2.9 Usability 3.2 Customer Service Rated 3.3 stars Overall Rated By 25 Traders Rate

RMoney

41 Share Broker Logo

Contact RMoney

Special Offers

RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

Charges
Account Opening Charge₹0 (Free) Brokerage Account AMC₹0 (Free) Demat Account AMC₹0 for lifetime (Free) Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 (Free) Equity Intraday₹18 per executed order or .01% whichever is lower Equity Future₹18 per executed order or .01% whichever is lower Equity Options₹18 per executed order or .01% whichever is lower Currency Futures₹18 per executed order or .01% whichever is lower Currency Options₹18 per executed order or .01% whichever is lower
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  No Trading PlatformRMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Ratings
4.7 Fees 4.7 Brokerage 4.3 Usability 4.0 Customer Service Rated 4.0 stars Overall Rated By 3 Traders Rate

Beeline

11 Share Broker Logo

Contact Beeline

Charges
Account Opening ChargeNil Brokerage Account AMCNil Demat Account AMCZero AMC with one time ₹876 fee Minimum Brokerage₹18 per executed order
Brokerage
Equity Delivery₹18 per executed order Equity Intraday₹18 per executed order Equity Future₹18 per executed order Equity Options₹18 per executed order Currency Futures₹18 per executed order Currency Options₹18 per executed order
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  No Trading PlatformNSE Now, ODIN (My Armour)
Ratings
4.5 Fees 4.5 Brokerage 3.0 Usability 3.5 Customer Service Rated 4.0 stars Overall Rated By 2 Traders Rate

Achiievers

30 Share Broker Logo

Contact Achiievers

Charges
Account Opening Charge₹750 Brokerage Account AMCNil Demat Account AMC₹400 Minimum Brokerage₹15
Brokerage
Equity Delivery₹15 Equity Intraday₹15 Equity Future₹15 Equity Options₹15 Currency Futures₹15 Currency Options₹15
Key Offerings
3 in 1 Account  No Margin Trading Funding  Yes NRI Share Trading Account  No Trading PlatformNOW Online, NOW Trader
Ratings
4.5 Fees 5.0 Brokerage 4.3 Usability 4.3 Customer Service Rated 4.8 stars Overall Rated By 4 Traders Rate

RKSV

23 Share Broker Logo

Contact RKSV

Charges
Account Opening Charge₹150 Brokerage Account AMC₹0 Demat Account AMC₹150 Minimum Brokerage₹0
Brokerage
Equity Delivery₹0 Equity Intraday₹20 Equity Future₹20 Equity Options₹20 Currency Futures₹20 Currency Options₹20
Key Offerings
3 in 1 Account  No Margin Trading Funding  No NRI Share Trading Account  No Trading PlatformNEST, Upstox
Ratings
4.1 Fees 4.3 Brokerage 3.4 Usability 3.7 Customer Service Rated 3.7 stars Overall Rated By 80 Traders Rate

Side-by-Side Comparison of Share Brokers

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