This overview of the top share brokers in India will help you choose the right broker for yourself. The list includes the names of the top 6 share brokers in India. It lists their advantages and disadvantages.

Let us begin!

Top 6 brokers in India!

• Groww
• Shoonya by Finvasia
• Zerodha
• Upstox
• Angel One
• ICICI Direct

1. Groww

Groww started in 2016 as a platform for direct mutual funds and quickly expanded to include equity trading. Based in Bangalore, it’s now the leading name among the top 6 share brokers in India.

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Features:

• You’ll pay a flat fee of up to Rs 20 per trade, or 0.05%, whichever is lower.
• Enjoy zero charges when buying or redeeming direct mutual funds.
• Use the easy-to-navigate platform, available on both web and mobile.
• You must check out free blogs and eBooks to expand your knowledge.
• You can easily invest in digital gold and US stocks.

Pricing:

• For Equity Delivery, you’ll pay ₹20 per trade.
• The same goes for Equity Intraday—it’s also ₹20 per trade.
• When it comes to Futures & Options, it’s just ₹20 per trade as well.

2. Shoonya by Finvasia

Shoonya by Finvasia is revolutionizing the stock market trading with its zero-commission model. The platform focuses on transparency and user-friendliness. 

Ranking second on the list of top 6 share brokers in India, it offers a no brokerage trading app. It is indeed a great choice for beginners!

Key Features & Pricing:

Zero Brokerage: Commission-free trading on equities, futures, options, currencies, commodities, mutual funds, ETFs, and bonds.

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2. Open your trading and Demat accounts at zero cost, with no annual maintenance fees.

3. Enjoy features like TradingView charts, order slicing, bracket orders, and option chains for smarter trading.

4. There are no hidden charges—everything is clearly shared.

5. You can trade seamlessly on desktop, web, or mobile (Android and iOS).

6. There is no account opening fees and account maintenance fees.

3. Zerodha

Zerodha is known for its transparent pricing. It provides brokerage-free equity investments, currency and commodity trading. Known for its innovative pricing models and advanced technology, Zerodha is preferred due to multiple reasons.

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Features:

• This platform offers zero brokerage for equity delivery trades. 
• For all other trades, the maximum brokerage is fixed at just Rs 20.
• It also offers advanced trading tools like Zerodha Kite, Coin, and Varsity.
• You can also earn rewards through their referral program.

Pricing:

• Equity Delivery: Free!
• Equity Intraday: ₹20 or 0.03% of the trade value, whichever is lower.
• Futures & Options: ₹20 per trade.

You won’t have to pay any account opening fees, but there is a yearly charge of ₹300 for the demat account.

4. Upstox

Upstox is known for its competitive pricing. It’s a great choice for both new and experienced traders.

Features:

• You’ll pay a flat ₹20 per trade for delivery, intraday, or F&O.
• You get to enjoy direct mutual fund investments with no commission fees.
• The app is designed to be user-friendly, making it easy to navigate.
• You’ll have access to various research tools and resources to aid your trading decisions.
• The process of setting up an account is quick and hassle-free thanks to the online process.
• Their customer support team is known for being really helpful.

Pricing:

• Equity Delivery: ₹20 or 2.5% of the trade value, whichever is lower.
• Equity Intraday: You’ll pay ₹20 or 0.05% of the trade value, whichever is lower.
• Futures & Options: It’s just ₹20 per trade.
• Plus, there are no annual fees for trading accounts.

5. Angel One

Originally known as Angel Broking, the company has rebranded to Angel One. Its services include, stock broking, advisory, margin funding, and loans against shares. Angel One provides trading facility through mobile app and website.

Features:

• There are no charges to set up your trading account.
• This online broker offers equity, commodity, and currency trading.
• You can take the benefit of personalized recommendations based on investor needs.
• Great mobile and web platforms for easy trading.
• Earn rewards by referring new clients.

Pricing:

• Equity Delivery: Rs 20 per trade or 0.25% (whichever is lower).
• Equity Intraday: Rs 20 per trade or 0.25% (whichever is lower).
• F&O Trades: Rs 20 per trade.
• No annual maintenance charges on trading accounts.

6. ICICI Direct

ICICI Direct offers a range of services tailored for all kinds of investors, from beginners to advanced traders.

Features:

• 3-in-1 Account: This lets you easily combine your banking, trading, and demat accounts all in one place.
• Research Reports: You’ll have access to expert analysis and recommendations to help you make informed decisions.
• Wide Range of Products: You can choose from a variety of trading options, including equities, mutual funds, etc.
• Easy Account Management: The user-friendly interface makes it simple to manage all your investments.

Pricing:

• Equity Delivery: You’ll pay ₹20 per trade or 0.55% of the trade value, whichever is lower.
• Equity Intraday: It’s ₹20 per trade or 0.05% of the trade value, whichever is lower.
• F&O Trades: Just ₹20 per trade!
• Keep in mind that there’s an annual maintenance charge of ₹700 for demat accounts.

Choosing the right broker is necessary for your overall investment experience. It also affects your returns. Sign Up for the No Brokerage Trading App!

Each of these brokers on our list of top 6 share brokers offers unique features and pricing plans. So, think about what best fits your needs when deciding on the best broker for trading in India.

Happy investing!