Compare brokerage charges, account opening fees, platform features and more
Account Opening Charge
FreeAccount Maintenance Charge
Rs 0Equity Brokerage
Rs 0 for DeliveryEquity Margins
Up to 4x intraday (25%)& up to 5x MTF (20%)Account Opening Charge
FreeAccount Maintenance Charge
Rs 300/yearEquity Brokerage
Rs 0 on Delivery & Rs 20 on IntradayEquity Margins
20x intradayAccount Opening Charge
FreeAccount Maintenance Charge
Rs 0Equity Brokerage
Rs 20 or 0.05% per orderEquity Margins
1x on Delivery & upto 5x on IntradayAccount Opening Charge
FreeAccount Maintenance Charge
ZeroEquity Brokerage
Rs 20 or 0.05% on Intraday & Rs 20 or 2.5% on DeliveryEquity Margins
Upto 5x on Intraday and Upto 1x on DeliveryAccount Opening Charge
FreeAccount Maintenance Charge
Rs 250Equity Brokerage
Rs 20 or 0.03% per executed orderEquity Margins
Upto 10x for Intraday & Upto 3x for DeliveryAccount Opening Charge
FreeAccount Maintenance Charge
Rs 0Equity Brokerage
Rs 0 for Delivery & Rs 20 or 0.03% for IntradayEquity Margins
1x on Delivery & upto 5x on IntradayAccount Opening Charge
Rs 200Account Maintenance Charge
Rs 0Equity Brokerage
2.5% or Rs 20 per executed order, whichever is lowerEquity Margins
Upto 4x for IntradayAccount Opening Charge
FreeAccount Maintenance Charge
Rs 300 per yearEquity Brokerage
Rs 20 per orderEquity Margins
Upto 5x for intraday & 1x for DeliveryAccount Opening Charge
Rs 0Account Maintenance Charge
Rs 0Equity Brokerage
Rs 20 or 0.03% per executed orderEquity Margins
10x for IntradayAccount Opening Charge
FreeAccount Maintenance Charge
Rs 400 per yearEquity Brokerage
0.03% for IntradayEquity Margins
Upto 10x for Intraday & Upto 3x for DeliveryThe Indian stock market is booming, but choosing the right broker shouldn’t be a problem. With over 100 SEBI-registered brokers, misleading ads, complex fee structures, and generic rankings, investors often end up with the wrong platform.
At Brokers Analysis, we don’t just list brokers—we decode them. We aim to do so by providing you with the resources, information, and knowledge to select the broker to suit your trading style and not a marketing campaign.
We do extensive research, but also actual user experiences and unbiased reviews to ensure that you make better, quicker, and more confident decisions.
Before diving into features or fees, start with the right type of broker:
Minimal fees. Maximum control. Most suitable for investors having interests in self-directed, low-cost trades; they want platforms that are not complex.
Get personal guidance, comprehensive studies, and relationship support, best suited to customers who want advice and who have large or longer-term portfolios.
Brokers are not made alike, and you have special needs. That’s why we evaluate brokers on more than just brokerage charges:
Category | Beginners | What to Look For | Pro Tip | Features |
---|---|---|---|---|
Brokerage & Charges | High | Zero delivery brokerage, low AMC | Avoid hidden fees. Check charges on small trades. | Brokerage plans, account opening charges, AMC, call & trade fees, margin requirements. |
Platform Experience | High | Simple UI, fast load times, clean dashboard | Test the demo or app before signing up. | App/web speed, reliability, mobile vs. desktop use, interface design. |
Features & Tools | Medium | Basic charting and real-time data | Start simple—avoid distraction from pro tools. | Charts, screeners, indicators, research, news, custom views. |
Customer Support | Medium | Chat or helpline in your language | Ping support before signing up to test responsiveness. | Speed, 24/7 support, language options. |
Compliance & Credibility | High | SEBI-registered and BSE/NSE certified | Search the broker’s complaints with SEBI to assess track record. | SEBI registration, exchange membership, history, complaint stats. |
User Feedback | Medium | App store and YouTube reviews from real users | Don’t just trust 5-star ratings—read user comments. | Real reviews, app store ratings, Reddit/forums feedback. |
Different goals require different tools. We don’t believe in “best overall” claims. Instead, we help you find brokers that fit your unique trading personality.
Brokers Analysis cuts the clutter, filters the noise, and puts reliable insights front and center. You don’t need to be an expert to make an expert decision.
The right broker isn’t just about low fees—it’s about the right fit for your goals. Start comparing now. Spend less time researching and more time investing.
Yes, having trading and Demat accounts with multiple brokers is permitted. Most investors do so to have the advantage of using different platforms, reduced commissions on specific trades, or to distinguish between long-term investment strategy and short-term trading plans. You simply need to ensure that you can handle them successfully.
That is dependent on your needs. You can be well-suited to discount brokers like Zerodha or Upstox, provided you are price-conscious and have a high frequency of trade. When the investor seeks more personalised advice and a multi-asset portfolio, full-service brokers, like ICICI Direct or HDFC Securities, may be a good match.
Both matter, but your choice should depend on your trading volume. For casual investors, a smooth platform with good support might be more valuable than low brokerage. For active traders, every rupee saved in fees adds up.
Watch out for inactivity charges, call & trade fees, high AMC on Demat accounts, and steep margins on leveraged trades. We list all possible charges to help you make informed choices.
The brokerage plans may vary depending on regulatory changes, competition, or new product initiatives. Brokers Analysis constantly monitors and updates any fee or policy changes the moment they become live, ensuring you have the most up to date information before you make your decision.
Some brokers have also launched smart functions like SIPs in mutual funds, robo-advisory services, and goal-tracking dashboards. Full-service brokers have long controlled the category, but a tiny segment of tech-focused discount brokers is making inroads with AI-powered tools and pre-selected portfolios.