Best Stock Brokers in India 2025

Compare India’s top stock brokers – from low-cost discount brokers to premium full-service firms and new-age platforms.

1. Best Discount Brokers

Zerodha

India’s #1 broker. Flat ₹20/order. Best for beginners & active traders. Powerful Kite platform.

Upstox

₹20/order, free equity delivery. Popular with millennials. Easy-to-use mobile app.

Groww

Started with mutual funds, now offers stocks, F&O. Very simple UI for new investors.

5paisa

Discount trading at ₹20/order. Great for budget-conscious investors.

2. Best Full-Service Brokers

ICICI Direct

Seamless 3-in-1 account. Strong research reports. Higher brokerage fees but full-service benefits.

HDFC Securities

Trusted bank-backed broker. Good advisory services. High reliability for long-term investors.

Kotak Securities

Strong customer support, 3-in-1 account with Kotak Bank. Premium service quality.

Angel One

Full-service with low-cost brokerage. Smart recommendations via Angel iTrade app.

3. New-Age & Tech-Driven Platforms

Dhan

Modern broker with APIs, advanced charts, and integration for algo traders. ₹20/order.

Fyers

Strong charting platform. Flat-fee brokerage. Good for technical traders.

Paytm Money

Zero delivery charges. Simple integration with Paytm ecosystem. Good for beginners.

Quick Comparison Guide

Broker Brokerage Best For
Zerodha ₹20/order Beginners, active traders
Upstox ₹20/order Mobile-first investors
Groww ₹20/order New investors, mutual funds
ICICI Direct Higher (Slab-based) Research-focused investors
Angel One Low-cost + advisory Hybrid investors
Dhan ₹20/order Algo traders, tech-savvy