FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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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:
Account Opening Charge
Rs 200Demat AMC
Rs 300Equity Delivery Brokerage
Rs 0 (Free)Equity Intraday Brokerage
Rs 20 per executed order or .03% whichever is lowerAccount Opening Charge
Rs 0 (Free)Demat AMC
Rs 0Equity Delivery Brokerage
Rs 20 per executed order or 0.05% whichever is lowerEquity Intraday Brokerage
Rs 20 per executed order or 0.05% whichever is lowerAccount Opening Charge
Rs 0 (Free)Demat AMC
Rs 240Equity Delivery Brokerage
Rs 0 (Free)Equity Intraday Brokerage
Rs 20 per executed orderAccount Opening Charge
Rs 0 (Free)Demat AMC
Rs 150Equity Delivery Brokerage
Rs 20 per executed order or 2.5% whichever is lowEquity Intraday Brokerage
Rs 20 per executed order or 0.05% whichever is lowerAccount Opening Charge
Rs 200Demat AMC
Rs 0 (Free)Equity Delivery Brokerage
Rs 20 per executed order or 2.5% whichever is lowEquity Intraday Brokerage
Rs 20 per executed order or 0.05% whichever is lowAccount Opening Charge
Rs 0 (Free)Demat AMC
Rs 300Equity Delivery Brokerage
Rs 20 per executed orderEquity Intraday Brokerage
Rs 20 per executed orderAccount Opening Charge
Rs 0 (Free)Demat AMC
₹0 (Lifetime Zero AMC)Equity Delivery Brokerage
Rs. 0Equity Intraday Brokerage
Rs 20 or 0.03% of trade value, whichever is lowerAccount Opening Charge
Rs 0 (Free)Demat AMC
Rs 0 (Free)Equity Delivery Brokerage
Rs 0 (Free)Equity Intraday Brokerage
Rs 20 per executed order or .03% whichever is lowerAccount Opening Charge
Rs 150Demat AMC
Rs 400Equity Delivery Brokerage
Rs 0 (Free)Equity Intraday Brokerage
Rs 15 per order or 0.05% whichever is lowerAccount Opening Charge
Rs 0 (Free)Demat AMC
Rs 400Equity Delivery Brokerage
Rs 20 per trade or 0.50% (whichever is lower)Equity Intraday Brokerage
Rs 20 per trade or 0.05% (whichever is lower)Account Opening Charge
Rs 0 (Free)Demat AMC
Rs 250 +GST (From 2nd Year)Equity Delivery Brokerage
Rs 0 (Free)Equity Intraday Brokerage
Rs 20 per trade or 0.03% (whichever is lower)Account Opening Charge
Rs 0 (Free)Demat AMC
Rs 199 (Free for 1st year)Equity Delivery Brokerage
Rs 20 per orderEquity Intraday Brokerage
Rs 20 per orderAccount Opening Charge
Rs 200Demat AMC
Rs 300Equity Delivery Brokerage
Rs 15 per orderEquity Intraday Brokerage
Rs 15 per orderAccount Opening Charge
Rs 200Demat AMC
Rs 200Equity Delivery Brokerage
Rs 9Equity Intraday Brokerage
Rs 9Account Opening Charge
Rs 0 (Free)Demat AMC
Rs 0Equity Delivery Brokerage
Rs 99 per month (unlimited trading)Equity Intraday Brokerage
Rs 99 per month (unlimited trading)Account Opening Charge
Rs 0 (Free)Demat AMC
Rs 0 (Lifetime Zero AMC)Equity Delivery Brokerage
Rs 0 (Free)Equity Intraday Brokerage
Rs 15 per executed orderAccount Opening Charge
Rs 0 (Free)Demat AMC
Rs 0 for lifetime (Free)Equity Delivery Brokerage
Rs 9 per executed orderEquity Intraday Brokerage
Rs 9 per executed orderAccount Opening Charge
Rs 150Demat AMC
Rs 400Equity Delivery Brokerage
Rs 15Equity Intraday Brokerage
Rs 15Account Opening Charge
Rs 354Demat AMC
Rs 400Equity Delivery Brokerage
Rs 0 (Free)Equity Intraday Brokerage
Rs 20 per executed order or .03% whichever is loweAccount Opening Charge
NilDemat AMC
Zero AMC with one time Rs 876 feeEquity Delivery Brokerage
Rs 18 per executed orderEquity Intraday Brokerage
Rs 18 per executed orderAccount Opening Charge
Rs 300Demat AMC
Rs 300Equity Delivery Brokerage
Rs 0Equity Intraday Brokerage
Rs 15 (on profit trades only)FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
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