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.

Best Stock Broker for Beginners in India 2021

Broker Brokerage (Delivery) Demat AMC Active Clients Request Callback Review
ZerodhaRs 0 (Free)Rs 3003,602,074Open Account Zerodha Review
UpstoxRs 0 (Free)Rs 3002,141,095Open Account Upstox Review
Angel BrokingRs 0 (Free)Rs 4501,564,667Open Account Angel Broking Review
IIFL SecuritiesRs 0 (Free)Rs 250 (Free for first year)291,730Open Account IIFL Securities Review
Alice BlueRs 0 (Free)Rs 400125,223Open Account Alice Blue Review
Paytm MoneyRs 0 (Free)Rs 0 (Free)85,827Open AccountPaytm Money Review
Master TrustRs 0 (Free)Rs 30048,645Open AccountMaster Trust Review
Dhani StocksRs 0 (Free)Rs 30039,237Open AccountDhani Stocks Review
FyersRs 0 (Free)Rs 30035,963Open Account Fyers Review
TradeplusRs 0 (Free)Rs 022,257Open AccountTradeplus Review


1. Manoj  Mar 21, 2021 09:46 I Like It. | Report Abuse Reply
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 I Like It. | Report Abuse
AMC, - Annual Maintenance Charge, Equity delivery-, Buy and sell of Shares in different days( basically not of intra-day trade)


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