With India now ranking as the fourth-largest stock market in the world, more individuals are getting attracted to the Indian stock market. Many of us prefer using an online trading platform to make trades. With numerous brokers available in India, how do you choose the best online trading platform?
You should compare their pricing, the products they offer, and their reputation.
To help you make the right choice, we have curated a well-researched list of the top five stock brokers in India.
Check it out!
Groww| Best Online Broker in India
Topping the list of top 5 share brokers in India, Groww is the platform that offers a Low brokerage charge of Rs 20 per trade for Equity, Intraday, and F&O trades.
What’s more?
It offers a trading app with zero brokerage!
You can enjoy zero-commission direct mutual funds, instant online account opening, and abundant educational resources.
What about the Pricing?
It offers a flat Rs 20 per trade for Equity Delivery, Intraday, and F&O.
However, additional charges include auto square-off fees of Rs 50 and other regulatory charges.
Shoonya By Finvasia| Best Share Broker in India
Shoonya ranks 2nd among the top 5 stock brokers in India. It offers you zero-commission trading across a wide range of assets. This platform is designed for both new and experienced investors.
By eliminating brokerage fees, Shoonya is making trading a user-friendly experience for all!
What does it offer?
No commissions on trading equities, futures, options, currencies, commodities, mutual funds, ETFs, bonds, and IPOs.
Free account opening and no annual maintenance fees.
TradingView charts, order slicing, bracket orders, and option chains.
You enjoy no hidden fees or charges.
You can use the help of this share broker and trad on desktop, web, and mobile (Android and iOS).
5paisa.com| Online Stockbroker
5paisa.com offers discount brokerage services with multiple investment options. It also charges a Flat ₹20 brokerage per trade. You can trade in equities, commodities, and currencies.
Open now- free demat account with no annual charges!
What more does this broker offer?
You can also invest in mutual funds, margin funding, and diverse investment products.
HDFC Securities| Full-Service Brokerage Platform
This online trading platform holds a strong position among top 5 stock brokers in India. It is known for its special provision of trading facilities through its 3-in-1 accounts. It offers a low brokerage of 0.10% per trade for Equity Delivery.
You can choose to invest in a diverse range of investment products.
However, HDFC charges ₹20 per transaction for derivatives trading.
Upstox| Online Trading Platform
Upstox provides a range of trading services across various segments through its advanced platforms. Its important features include a flat fee of ₹20 per trade across all segments.
What’s special about this stock broker?
It offers advanced trading tools and platforms like Upstox Pro Web and Mobile.
The account opening fee is also zero!
Conclusion
To summarize, our rundown of the main 5 stock specialists in India for 2024 gives a scope of choices. Whether you’re searching for zero financier charges, free demat accounts, or high-level exchanging devices, each specialist on our rundown brings exceptional elements to the table.
Start your trading journey with a lifetime free demat account!
