Choosing the RIGHT STOCK BROKER is the Most Important decision while starting Trading and Investments. To have a Good Stock Broker means getting Good Advice and Good Service & Support in future with Low charges. Some share brokers in India provide special offers as well. You can Compare from the list of Top Share Brokers provided below.

Share Brokers are the members of Stock exchanges and they are authorized to execute the trades on behalf of its customers. But alongwith this task many Share Brokers have started various additional services related to the trading and investment activity. Such facilities includes providing expert opinions and advice on investment, providing research reports, providing tools to assist, customer support, related mobile application and Software, timely updates and reminders and so on. So one needs to be wise while selecting the right share broker to get the maximum benefit.

The important points or parameters to be considered while choosing a Stock Broker or Share Brokers in India are its:

  • History
  • Reputation in Market
  • Market Presence
  • Presence in Plateforms
  • Research Reports and Tools
  • Customer Care/ Support
  • Account Opening Charges
  • Brokerage and Costs
  • Facilities Offered
  • Ease of Use

There are two types of Share Brokers in India: Discount Brokers & Full Service Brokers.

  1. Discount Brokers: They provide less trading facility as compared to Full Service Broker and Charge you low cost.
  2. Full Service Brokers: They usually provide you with additional Facilities and Services like Expert Advice, Research Reports, Banking Services etc. The brokerage is high as compared to discount brokers as they provide additional services.

We have provided Summarized information of Top Share Brokers in India for Easy Comparison. It will help you to make Better decision.

Following are the details of the Major Share Brokers in India

List of Top Discount Brokers in India:

 

Discount BrokerName of BrokerAccount Opening ChargesBrokerage CostBest OffersAvail Best Offers


Zerodha

Rs 3000 Brokerage for delivery
Rs 20 per trade or 0.01% whichever is lower for F&O
AVAIL THE OFFER
HIGHEST RATED
TradeJiniRs 30020 Rs. Per Trade
SAS OnlineRs. 4009 Rs. or 0.07% per Trade
UpstoxRs. 30020 Rs. Per Trade
Trade Smart OnlineRs. 400Max. 15 Rs. Per Trade
Trade Plus OnlineRs. 49999 Rs.
ZeroShulkFree999 Rs. per Month
or 15 Rs. Per Trade

List of Top Full Service Brokers in India:

 

Full Service BrokerName of BrokerAccount Opening ChargesBrokerage CostAnnual Maintenance CostBest OffersOpen Account & Avail the Offers
Angel Broking Zero0.02%
0.22%
1st Year - Free
AVAIL THE OFFER
Axis Direct 999 Rs.0.05%
0.50%
500 Rs.
ICICI DirectZero0.05%
0.55%
600 Rs.
Share khan 500 Rs.0.05%
0.50%
400 Rs.
ReligareZero0.03%
0.30%
500 Rs.
SMC India500 Rs.0.03%
0.30%
300 Rs.
Kotak Securities750 Rs.0.03%
0.30%
600 Rs.
Ventura700 Rs.0.03%
0.30%
400 Rs.
Reliance Securities950 Rs,0.04%
0.40%
300 Rs.
IIFL750 Rs.0.05%
0.50%
450 Rs.
SBI850 Rs.0.05%
0.50%
350 Rs.
Motilal OswalZero0.05%
0.50%
450 Rs.
Indiabulls750 Rs.0.04%
0.40%
450 Rs.

 

Zerodha Best Discount Share Brokers in India