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Best Stock Broker for Beginners in India 2021

Best Stock Broker for Beginners in India [[yyyy]]

A stock broker account enables you to invest in stocks, mutual funds, IPO and bonds. Finding the best brokerage firm in India for stocks is challenging especially if you are a beginner.

There are two types of stock brokers in India; full-service stock broker and discount stock brokers (Comparison - Discount broker vs full-service broker). The full-service brokers provide local support, trading tip and hand-holding to the customers. The online discount broker offers 'do-it-yourself' stock trading. They charge very low fees (60% to 90% in the saving of fees and taxes).

A discount stock broker offers online trading in India. They offer the best online trading platform in India. If you can trade by yourself using the mobile app or trading website, it is recommended choosing a discount broker.

If you are a beginner, you should consider 2 important charges; Demat AMC and brokerage charges for equity delivery. Below is the list of best discount broker in India for beginners. This list compares the top 10 stockbrokers who charge less and provide excellent online stock trading services.

<< Year 2020	2021

Best Stock Broker for Beginners in India 2021

Broker	Brokerage (Delivery)	Demat AMC	Active Clients	Request Callback
Zerodha	Rs 0 (Free)	Rs 300	3,602,074	Open Account
Upstox	Rs 0 (Free)	Rs 300	2,141,095	Open Account
Angel Broking	Rs 0 (Free)	Rs 450	1,564,667	Open Account
IIFL Securities	Rs 0 (Free)	Rs 250 (Free for first year)	291,730	Open Account
Alice Blue	Rs 0 (Free)	Rs 400	125,223	Open Account
Paytm Money	Rs 0 (Free)	Rs 0 (Free)	85,827	Open Account
Master Trust	Rs 0 (Free)	Rs 300	48,645	Open Account
Dhani Stocks	Rs 0 (Free)	Rs 300	39,237	Open Account
Fyers	Rs 0 (Free)	Rs 300	35,963	Open Account
Tradeplus	Rs 0 (Free)	Rs 0	22,257	Open Account

<< Year 2020	2021

1 Comments

1. Manoj Mar 21, 2021 09:46

Thanks for writing up this nice article, it would have been great if you explained a little more about what is "Equity Delivery" charges and "Demat AMC" charges.

1.1. abc Apr 8, 2021 10:19

AMC, - Annual Maintenance Charge, Equity delivery-, Buy and sell of Shares in different days( basically not of intra-day trade)

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