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![Best Stock Broker for Beginners in India [[yyyy]]](/images/ipo/best-online-stock-brokers-for-beginners.jpg)
A stockbroker account enables you to invest in stocks, mutual funds, IPO, and bonds. There are 100's of stockbrokers in India. We can help you find the best brokerage firm in India for the beginner.
As a beginner, you should look for the following factors when choosing a stockbroker:
A beginner should consider two charges:
A recurring yearly charge to maintain the demat account. The Demat account maintenance charge (AMC) is charged even if you do not use the account. Check Demat Account Charges Explained for more detail.
The fee you pay to the broker when you buy or sell shares in a cash transaction. The equity shares in these transactions are deposit or withdrawn from the demat account. Check Brokerage Charges Explained for more detail.
Below is the list of the 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 |
|---|
| Broker | Brokerage (Delivery) | Demat AMC | Active Clients | Request Callback | Review |
|---|---|---|---|---|---|
| ProStocks | Rs 0 (Free) | Rs 0 (Lifetime Free) | Open Online Account |  |
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| Zerodha | Rs 0 (Free) | Rs 300 | 3,602,074 | Open Account  | |
| Angel Broking | Rs 0 (Free) | Rs 240 | 1,564,667 | Open Account | |
| IIFL Securities | Rs 0 (Free) | Rs 250 (Free for 1st 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 | 39,644 | 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 |
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