by Admin - 2025-03-03
The stock market in India has expanded remarkably because of digitization and technological advancement, together with increased retail investor participation, expanding investor opportunities. Your trading success depends heavily on selecting the appropriate broker because this decision determines profitability levels and trading efficiency. Let’s consider the top 10 stock brokers in India that are shaping India’s investment ecosystem in 2025.
Rank | Broker | Active Clients | Ratings | Create Account |
1 | Zerodha | 7,287,150 | 4.8/5 | Open Account |
2 | Groww | 9,538,609 | 4.7/5 | Open Account |
3 | Angel One | 6,111,879 | 4.6/5 | Open Account |
4 | Upstox | 2,516,650 | 4.6/5 | Open Account |
5 | ICICI Securities | 1,845,202 | 4.5/5 | Open Account |
6 | Kotak Securities | 1,208,948 | 4.5/5 | Open Account |
7 | HDFC Securities | 1,097,750 | 4.5/5 | Open Account |
8 | Motilal Oswal | 879,629 | 4.4/5 | Open Account |
9 | Lemonn | 350,080 | 4.4/5 | Open Account |
10 | PhonePe | 500,560 | 4.4/5 | Open Account |
Zerodha launched in 2010, became the pioneer of the stock broker for trading in India that transformed Indian markets. The trading platform Kite stands out because of its modern design, chart functionality and real-time information attracts both new and expert traders.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
Groww established its operations in 2016 and quickly developed popularity among both millennials and new investors. Through its simple, user-friendly platform, Groww allows all types of investors to access stock trading, mutual fund buying, ETFs, and IPO investing. The platform offers user-friendly features to combat the fear often experienced when investing or trading.
Brokerage Charges | |
Equity Delivery | Rs 20 or 0.1% per executed order |
Equity Intraday | Rs 20 or 0.01% per executed order |
Futures & Options | Rs 20 per executed order |
Commodity | Not Available |
Formerly Angel Broking, it introduced technological infrastructure that supports complete broker services alongside cost-effective trading solutions and professional analysis. Customers from all investor backgrounds can access its services because Angel One maintains successful businesses across both discounted operations and full-service brokerage.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
RKSV Securities has evolved into Upstox which has established itself as a budget-friendly broker supported by advanced technological infrastructure. Upstox is the best broker for trading and received financial support from Ratan Tata and Tiger Global while catering to busy day traders and investors who seek low-cost services.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
ICICI Securities provides full brokerage services while enabling customers to access integrated trading, demat and banking features from a single account. ICICI Securities offers investors a single platform that effortlessly integrates their financial management requirements for improved operational convenience, making it one of the best stock broker in India.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
Kotak Securities operates under Kotak Mahindra Bank as its subsidiary. It provides full-service broking solutions through modern technological features. From beginners to professionals, this best share broker in India helps investors by providing various investment products together with sophisticated research instruments and multiple trading interfaces.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
HDFC Securities functions as part of the HDFC Bank group to deliver dependable full-service brokerage services with a dedicated commitment to research and exceptional customer support. Investors seeking stability through one of the trusted stock brokers in India with an established network of offline locations should consider HDFC Securities.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
Motilal Oswal operates as a premier full-service broker while delivering exceptional research capabilities alongside multiple product services. The best broker for trading delivers solutions for both retail clients and high-net-worth individuals. It uses comprehensive market insights to provide its financial products to its customers.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
Lemonn offers a digital-forward brokerage platform that serves the needs of contemporary investors through its innovative design. Lemonn caters its services to digitally oriented younger and tech-savvy users through a streamlined mobile interface which makes trading and account setup effortless for users. Users can access both advanced charting tools and AI-powered market insights across the platform to help them analyze market trends and base their decisions on data. Through its budget-friendly trading structure, Lemonn delivers free equity delivery trades and costs only a minimal fee for intraday trades alongside complete research reports and educational platform resources.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
PhonePe has expanded its horizons by entering the stock broking arena. Building on its massive user base and established technological framework, PhonePe’s trading platform offers a seamless integration of payment solutions with investment functionalities. This unified ecosystem allows users to fund their accounts, execute trades, and track their portfolios all within one app. The platform is distinguished by its real-time market data, personalized alerts, and competitive fee structure—providing free equity delivery trades and very modest intraday fees.
Brokerage Charges | |
Equity Delivery | Free |
Equity Intraday | Rs 20 or 0.03% per executed order |
Futures & Options | Rs 20 or 0.03% per executed order |
Commodity | Rs 20 per order |
Stock trading through the best stock broker in India enables you to execute trades efficiently as well as minimize costs, and gain access to a wealth of research and resources within the dynamic Indian market. A detailed examination of the top 10 stock brokers in India for 2025 presents distinct advantages of each platform, which include Groww's intuitive user interface combined with zero costs, Zerodha's advanced technical capabilities and Angel One's dual model which integrates cost benefits with advisory services. Invest your resources properly while utilizing your selected platform's advantages to achieve stock trading success in India's complex market with confidence.
1. Who is the biggest stock broker in India?
Zerodha is the biggest stock broker in India by active clients. Most people use Zerodha due to their low brokerage charge (has a flat ₹20/trade), user-friendly platform (Kite), and reputation. Other good choice stock brokers are Upstox, Groww, and ICICI Direct.
2. Who has the lowest brokerage charges?
There are many brokers with the lowest brokerage charges, Zerodha has a charge of ₹20/order, Upstox has a charge of ₹20/order, and Groww has a flat ₹0 for delivery trades. Full-service brokers like HDFC Securities and ICICI Direct have higher fees but the full-service brokers will have research and advisory.
3. What is the best broker for beginners?
Groww and Zerodha is great for beginners for various reasons - their platform is easy to learn, offer simple learning material, and they have a no-cost model. Upstox also provides an intuitive mobile app for new traders, which will enhance the trading experience.
4. Are discount brokers safe to trade in India?
Yes, Zerodha, Upstox, and Groww are all SEBI registered, they use bank-grade security with 256-bit encryption, and each account offers investor protection of up to ₹25 lakh (through SIPF). Check each broker's registration with SEBI before signing up.
5. What are the best brokers for intraday trading?
Zerodha, Upstox, and Angel One are all popular intraday brokers because they are all cheap (₹20/order), have great charting tools, and offer superb execution.
6. Does a full-service broker like ICICI Direct offer better research?
Yes, brokers like ICICI Direct, HDFC Securities and Kotak Securities offer extensive research, advisory services, and share IPOs, but they charge higher fees (0.5% commission or higher).
7. Can I trade in F&O (Futures & Options) with these brokers?
Yes, most major brokers (Zerodha, Upstox, and Angel One) all offer F&O trading that includes margin calculators and strategy builders.
8. Which broker has the best trading platform?
9. What is the minimum deposit required to start trading?
Discount brokers (Zerodha, Groww, Upstox) can have ₹0 opening accounts, they will have available funds to trade, while full-service brokers can take ₹500–₹1,000.
10. How can I find a good stock broker?
You may want to consider:
Hedge Funds In India: Meaning, Characteristics, and Types
Date: 2025-08-13Top 10 NRI Stock Brokers in India
Date: 2025-08-07Top 10 Most Influential Traders in India
Date: 2025-07-25Top Brokers Offering Lifetime Free Demat Accounts
Date: 2025-07-23Scalping Trading: Meaning, Working and Strategies
Date: 2025-06-10Investment Strategies in the Stock Market for Beginners
Date: 2025-05-31Lowest Brokerage Charges for F&O Trading
Date: 2025-05-21High Dividend Paying Stocks in India 2025
Date: 2025-05-15