Top 10 Best-Rated Stock Brokers in India Do you know about the Top 10 Most Trusted Stock Brokers in India (2025): Expert Comparison & Reviews”? If not, then let’s find out what it is before you start investing in 2025. If yes, then which broker are you choosing to start your journey? Do you go with discount brokers or a full-time broker? Let me simplify it with the rise of technology, the Stock broking business also upgrades itself, which builds a new market of Discount Broking, which is led by Groww, Zerodha, Upstox, Angel One and many more. In this blog, we’re going to curate a list of the top 10 discount brokers of India.
Choosing the right stockbroker is a headache because of competitive broking charges, advanced investing tools. Nowadays, no matter whether you are a seasoned trader or a newbie investor, you would like to get a brokerage that aligns with your finances, and your risk appetite is essential. As we mentioned before in this blog, we’re going to present the list of the top 10 stock brokers of India in 2025 with detailed information about their brokerage charges, account opening charges, annual maintenance charges, etc. Here we also present all the pros and cons of stock brokers so you can choose the right one according to your needs and preferences.
Top 10 Best-Rated Stock Brokers in India
Zerodha – India’s most trusted discount broker.
Overview: Zerodha is one of the best and the trusted discount brokers in India. Zerodha is known for its simple pricing and its robust trading platform, Kite, which serves millions of investors and traders in India.
Let’s take a look at their feature, which makes it different from other discount brokers:
Features:
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- ₹20 or 0.03% per executed order for intraday/F&O
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- Advanced charting with Trading View & ChartIQ
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- ₹0 brokerage on equity delivery
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- Varsity – a free educational platform
Zerodha has very promising features that are very helpful for DIY investors and active traders.
Pros:
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- Reliable
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- Transparent
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- Best educational resources
Cons:
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- No personal advice or assistance
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- No portfolio Management service
UPSTOX: India’s fastest growing discount broker.
Overview: In the world of discount broking, Upstox is making its name with the backing of ace investors like Ratan Tata and Tiger Global. Upstox is known for its high-speed stockbroker with its intuitive mobile app.
Features:
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- ₹20 or 0.05% per executed order for intraday/F&O
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- Smart dashboard, charting tools
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- Fast account opening process
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- ₹0 delivery trades
Upstox is best for budget-conscious traders and mobile-first investors.
Pros:
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- Low fees
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- User-friendly
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- Good performance
Cons:
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- Limited research support
3. Angle one: where full service meets technology.
Overview: Angel One, formerly known as Angel Broking, offers a strong blend of full-service benefits through its app-based trading platform.
Features:
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- Angel One mobile app & desktop terminal
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- Smart recommendations & AI-based portfolio suggestions
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- Flat ₹20 per trade across segments
If you are a beginner and want smart suggestions, then Angle One is the best choice for you
pros:
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- Easy UI,
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- Research support,
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- Multiple investment products
Groww: Most famous among Millennials.
Groww started with mutual funds and expanded into stock broking, leveraging its clean and fresh-looking mobile app interface to become popular among Millennials.
Features:
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- ₹0 account opening and maintenance charges
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- Simple UI, no jargon
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- ₹20 per trade across segments
If you are in the stock market and want to invest in mutual funds, then Groww is the best choice.
Pros:
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- No hidden charges,
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- Seamless onboarding,
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- Clean UI
Cons:
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- No advanced tools
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- Research reports
ICICI Direct – Premium Banking + Trading Experience
Overview: ICICI Direct is one of the largest full-service brokers in India, offering integrated banking and trading services.
Features:
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- Multiple brokerage plans
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- Access to IPOs, mutual funds, bonds, and loans
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- Research reports and advisory
Best For: ICICI Bank customers and high-net-worth investors
Pros: Integrated services, detailed research, trusted brand
Cons: Higher brokerage charges
HDFC Securities – Reliable Full-Service Broker
Overview: A part of HDFC Bank, this broker offers strong research and banking integration.
Features:
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- Equity trading, mutual funds, NPS, insurance
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- Premium tools like ProTerminal
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- Voice-enabled trading
Best For: HDFC Bank users and serious investors
Pros: Research-backed recommendations, diverse offerings
Cons: Higher brokerage fees, not beginner-friendly
Kotak Securities – Trusted Name with Digital Push
Overview: Kotak combines full-service offerings with its new digital platform, Kotak Neo.
Features:
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- Flat brokerage options with the Neo plan
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- Good equity research
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- Free intraday trading offers
Best For: Traders wanting reliable service & banking synergy
Pros: Trusted brand, multiple products, good customer support
Cons: App experience can improve
5Paisa – Value-for-Money Broker
Overview: 5Paisa offers low-cost trading and investment options with a wide range of products.
Features:
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- ₹20 per executed order
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- Portfolio analyser, advisory packs
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- App/Web platform with decent tools
Best For: Budget traders and DIY investors
Pros: Affordable, all-in-one investment options
Cons: Customer support needs improvement
Sharekhan – Veteran with Advanced Tools
Overview: Sharekhan is a respected name in full-service broking with a loyal client base and rich tools.
Features:
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- TradeTiger desktop terminal
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- Strong research desk
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- Portfolio management services
Best For: Long-term investors and serious traders
Pros: Research depth, professional tools
Cons: High brokerage, outdated app UI
Motilal Oswal – Research-Focused Broker
Overview: Known for its deep market research and advisory services, Motilal Oswal is ideal for long-term wealth builders.
Features:
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- Extensive stock recommendations
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- Wealth creation reports
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- Active PMS services
Best For: Long-term investors and wealth management clients
Pros: Strong advisory, diverse financial products
Cons: Not ideal for cost-sensitive traders
Here is a comparison table of the top 10 stock brokers of India:
Broker | Type | Brokerage Charges | Trading Platform | Best For | Demat A/C AMC |
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Zerodha | Discount Broker | ₹0 (delivery), ₹20/trade (intra/F&O) | Kite (Web & App) | Active traders, low-cost DIY | ₹300/year |
Upstox | Discount Broker | ₹0 (delivery), ₹20/trade (intra/F&O) | Upstox Pro | Mobile traders, low-cost users | ₹0 (offer-based) |
Angel One | Full-Service | Flat ₹20/trade | Angel One App/Web | Beginners, advisory seekers | ₹240/year |
Groww | Discount Broker | ₹20/trade | Groww App | Beginners, mutual fund users | ₹0 |
ICICI Direct | Full-Service | 0.55% or plan-based | ICICI Direct Neo | HNI, ICICI Bank customers | ₹700/year |
HDFC Securities | Full-Service | 0.50% | HDFC Blink/ProTerminal | Research-oriented investors | ₹750/year |
Kotak Securities | Full-Service | 0.49% or flat in Neo plan | Kotak Neo | Kotak clients, mixed traders | ₹600/year |
5Paisa | Discount Broker | ₹20/trade | 5Paisa App/Web | Budget-conscious investors | ₹300/year |
Sharekhan | Full-Service | Up to 0.50% | TradeTiger/Web | Research-heavy users | ₹400/year |
Motilal Oswal | Full-Service | 0.50% or plan-based | MO Investor/Trader | Long-term & wealth-focused | ₹400–₹800/year |