Top 10 Stock Brokers in India – Which One is Right for You in 2025?

Explore India’s top 10 stock brokers that offer zero AMC, free Demat accounts, and unbeatable trading platforms in 2025.

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Choosing the right stock broker is the first thing to do if you are planning to try your hand at stock market trading. A good broker offers low fees, an easy-to-use platform, and strong customer support. In this article, we have created a list of the top 10 stock brokers in India to help you choose easily!

Zerodha- The No. 1 Broker Among the Top 10 Stock Brokers in India

Zerodha is the best broker for trading in India, with a strong reputation for low-cost trading.

Key Features:

• Flat ₹20 per trade for intraday and F&O.
• Free equity delivery and direct mutual funds.
• Up to 20x leverage for intraday trading.

Pros:
 No brokerage on equity delivery.
Low intraday trading fees.
Well-designed and reliable trading platform.

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Cons:
 No research reports or stock recommendations.
₹50 per executed order for missed intraday positions.

Pricing:
 Equity Delivery: ₹0
Intraday & F&O: ₹20 or 0.03% (whichever is lower) per order.

Shoonya by Finvasia Secures the 2nd Position Among the Top 10 Stock Brokers in India

Shoonya is an innovative trading platform. It offers one of the most transparent pricing policies among the top 10 stock brokers in India. People prefer it due to its commission-free trading on bonds, mutual funds, equity delivery and IPOs. It is perfect for traders looking to save on costs while accessing cutting-edge trading tools.

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Key Features:

• Zero Brokerage on equity delivery, mutual funds, IPOs, and ETFs.
• No account opening charges or annual maintenance fees.
• Advanced trading tools and data powered signals
• Easy, approachable customer support via calls, email, and live chat.

Pros:
Trade in stocks, bonds, mutual funds, commodities, and more.
No hidden charges or AMC fees.
Intuitive and user-friendly interface.

Cons:
 Limited offline branch support.

Pricing:
 Account Opening & AMC: ₹0 (Free)
Zero Brokerage on all equity delivery trades

Upstox Ranks 3rd Among the Top 10 Stock Brokers in India in 2025

Upstox is a tech-driven trading platform in India that is known for its speed and efficiency.

Key Features:

• Flat ₹20 per trade for all segments.
• No software charges for mobile and web trading.
• Advanced order types like GTT and CO orders.

Pros:
 Flat brokerage across all segments.
Margin Trading Facility available.
Advanced tools for traders.

Cons:
 ₹20 brokerage applies even on delivery trades.
No 3-in-1 account integration.

Pricing:
 Equity Delivery & Intraday: ₹20 or 0.05% per order.
Equity Options: ₹20 per executed order.

Groww Holds the 4th Spot Among the Top 10 Stock Brokers in India

Groww, standing in 3rd position among the top stock brokers in India, has gained massive popularity due to its simple interface and flat ₹20 brokerage.

Key Features:

• ₹20 per trade on equity delivery, intraday, and F&O.
• Allows investments in US stocks and digital gold.

Pros:
 No account opening or AMC fees.
Direct mutual fund investment.
IPO application via the app.

Cons:
 No call-and-trade services.
No margin trading.

Pricing:
 Equity Delivery, Intraday & F&O: ₹20 per trade.
Auto Square Off Charges: ₹50.

Angel One Ranked 5th Among the Top 10 Stock Brokers in India

Angel One ranks 5th among the top 10 stock brokers in India as of February 17th, 2025. It offers full-service brokerage with discount pricing.

Key Features:

• ₹20 per trade for intraday, F&O, currency, and commodities.
• Free research reports and stock recommendations.
• Training and guidance for beginners.

Pros:
 Low-cost brokerage with advisory services.
Margin trading is available.
Free stock research and tips.

Cons:
 No trading in SME shares.
No GTC/GTT order facility.

Pricing:
 Equity Intraday & F&O: ₹20 per trade.
Free account opening.

ICICI Direct Claims the 6th Spot Among the Top 10 Stock Brokers in India

ICICI Direct stands out amongst the top 10 stock brokes in India due to its unique offering of 3-in-1 account, making transactions seamless.

Key Features:

• Integrates banking, trading, and demat accounts.
• Margin funding
• VTC (Valid Till Canceled) Orders.

Pros:
 Hassle-free fund transfers with a 3-in-1 account.
Wide investment options, including bonds and insurance.

Cons:
 High brokerage fees compared to discount brokers.
Call & Trade charges apply.

Pricing:
 Equity Delivery: 0.55%
Equity Intraday & F&O: ₹20 per trade.

HDFC Securities Ranking 7th Among the Top 10 Stock Brokers in India

This is one of the best full-service brokers in India. HDFC is a name known to all of us due to their outstanding baning services.

Key Features:

• Offers a 3-in-1 account.
• Provides detailed portfolio tracking
• Quick payouts with the enCash facility.

Pros:
 ✔ Strong research and advisory services.
✔ Same-day payout up to ₹5 lakh.

Cons:
 Higher brokerage costs.
₹25 per call for call & trade.

Pricing:
 Equity Delivery: 0.50%
Equity Intraday: ₹20 per order.

Kotak Securities Ranks 8th Among the Top 10 Stock Brokers in India

Kotak Securities is a trusted name in the Indian stock market, offering a seamless 3-in-1 account that integrates banking, trading, and demat services. It provides strong research reports, margin trading, and investment options across various segments. While it ensures a secure and reliable trading experience, its brokerage charges are higher compared to discount brokers.

Key Features:

• 3-in-1 account with seamless banking integration.
• Margin Trading Facility.
• Robust research and advisory services.

Pros:
 Strong research reports.
Secure and reliable platform.

Cons:
 Higher brokerage charges.
₹20 per executed order for call & trade.

Pricing:
 Flat ₹20 per trade.

Motilal Oswal Holds the 9th Spot Among the Top 10 Stock Brokers in India

Motilal Oswal is known for its research-driven investment strategies.

It is a research-driven stock broker known for its in-depth market analysis and investment strategies. It offers comprehensive stock research, portfolio management services (PMS), and advanced trading tools. While it provides strong advisory services, its brokerage charges are higher compared to discount brokers.

Key Features:

• Comprehensive stock research reports.
• Advanced trading tools.
• PMS (Portfolio Management Services) available.

Pros:
 Strong research and analysis.
Good advisory services.

Cons:
 Higher brokerage fees.
₹25 per call for call & trade.

Pricing:
 Flat ₹20 per trade.

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5paisa Completes the List: 10th Among the Top 10 Stock Brokers in India

5paisa, ranking in 8th position amongst the top 10 stock brokers in India, is a low-cost broker offering a simple and affordable trading experience.

Key Features:

• Flat ₹20 per trade on all segments.
• Offers research and advisory services.
• Portfolio tracking and Robo advisory tools.

Pros:
 Budget-friendly brokerage plans.
Offers stock research and advisory.

Cons:
 No dedicated relationship manager.
Call & trade charges apply.

Pricing:
 Flat ₹20 per trade for all segments.

Conclusion

Choosing the best stock broker in India depends on your trading style, budget, and platform preferences. Whether you want commission-free trading, a free demat account, or an advanced trading app, this list of the top brokers in India will help you surely!

From discount brokers like Shoonya and Zerodha to full-service brokers like ICICI Direct and HDFC Securities, each offers unique features. Compare their pricing, services, and tools to pick the best broker for your needs!

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