Best Stock Brokers in India for Share Market Trading – 2025 (Detailed Guide)

Choosing the best stock broker in India is crucial for long-term investment success and seamless trading experience. In 2025, India's stockbroking industry is more competitive than ever, with brokers offering zero brokerage, advanced mobile apps, research tools, and powerful charting platforms.
Here’s a comprehensive list of the top 10 brokers based on trading platform performance, pricing, customer support, regulatory trust, and overall value for both beginners and professional traders.
1. Zerodha – India’s Most Trusted and Widely Used Broker
Type: Discount Broker
Brokerage: ₹0 delivery, ₹20 or 0.03% (lower) per intraday/F&O trade
Platform: Kite (Web + App)
Best For: Traders, long-term investors, and algo traders
Key Features:
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Clean, fast UI with TradingView charting tools
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Strong community (Varsity, TradingQnA)
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Great reliability and order execution speed
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Extensive APIs for developers and traders
Why it's the best stock broker in India: Low cost + high stability + massive user base (over 1 crore clients)
???? 2. Upstox – Fastest Growing Mobile-First Broker
Type: Discount Broker
Brokerage: ₹0 delivery, ₹20 flat for intraday and F&O
Platform: Upstox Pro App + Web
Best For: Mobile traders and first-time users
Key Features:
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Fast onboarding with zero paperwork
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Multiple chart types and indicators
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Smart order types and margin calculator
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Funded by Ratan Tata, Tiger Global
Why choose Upstox: Best for mobile-based traders looking for speed and low brokerage
???? 3. Angel One – Hybrid Broker with AI-powered Tools
Type: Full-Service Hybrid
Brokerage: ₹0 delivery, ₹20 for all other segments
Platform: Angel One App + Web + SmartAPI
Best For: Beginners and advisory-focused investors
Key Features:
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ARQ Prime: AI-based investment advisory
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Stock recommendations and screeners
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Local branch support in 1,000+ cities
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Multiple investment products: stocks, MFs, insurance
Why it’s top-rated: Best of both worlds — research + low brokerage
4. Groww – Simplified Investing for Beginners
Type: Discount Broker
Brokerage: ₹20/order or 0.05%
Platform: Groww App + Web
Best For: Mutual fund and stock investors new to markets
Key Features:
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Clean, minimal app for beginners
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Mutual funds, gold, and US stocks in one app
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No hidden charges or confusing tools
Why it ranks high: Ideal for new investors with no jargon or complexity
5. ICICI Direct – Top Bank-Backed Broker with Trusted Legacy
Type: Full-Service Broker
Brokerage: ₹20/trade in Neo plan
Platform: ICICI Direct App + Web
Best For: Long-term investors with ICICI Bank accounts
Key Features:
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Instant fund transfer and bank integration
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Access to IPOs, FDs, bonds, ETFs
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Personalized RM support for high-volume clients
Why ICICI Direct is reliable: Trust of a large bank + full range of investment products
6. Dhan – Fastest-Emerging Trader-Centric Platform
Type: Discount Broker
Brokerage: ₹20/order or 0.03%
Platform: Dhan App + Web + Options Trader App
Best For: F&O traders, option traders, algo developers
Key Features:
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In-built strategy builder for options
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TradingView and ChartIQ native integrations
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Webhooks and APIs for automation
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Real-time option chain and Greek analysis
Why traders love Dhan: Built for speed, precision, and analytics
7. HDFC Sky – New-Age Trading App from HDFC Securities
Type: Discount/Full-Service Hybrid
Brokerage: ₹20 per trade (flat plan)
Platform: HDFC Sky App
Best For: HDFC Bank users and tech-savvy investors
Key Features:
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Clean UI and paperless account opening
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Cross-product investing in stocks, MFs, IPOs
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Simplified onboarding for HDFC account holders
Why HDFC Sky ranks in top 10: Combines the brand trust of HDFC with discount pricing
8. 5paisa – Affordable Broker with Value Packs
Type: Discount Broker
Brokerage: ₹10–₹20/order
Platform: 5paisa App + Web + Terminal
Best For: Cost-conscious traders & investors
Key Features:
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Research, Robo advisory, and tax optimization tools
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Pre-designed portfolios for passive investors
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Gold, loans, insurance, MFs, and more in one app
Why it’s on this list: Affordable for all types of investors, especially SIP and MF users
9. Motilal Oswal – Premium Full-Service Broker with Research
Type: Full-Service Broker
Brokerage: Custom/Plan-based (discount plans available)
Platform: MO Investor + MO Trader
Best For: HNI investors and research-driven decision-makers
Key Features:
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Extensive equity research reports
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Wealth & portfolio management
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Thematic and model portfolios
Why it makes the top 10: Deep research + HNI-level services in a single account
10. Sharekhan – Established Player with Solid Tools
Type: Full-Service Broker
Brokerage: Custom pricing or flat plan
Platform: Sharekhan App + TradeTiger
Best For: Active traders needing advisory and strong desktop trading
Key Features:
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TradeTiger terminal for pro traders
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Fundamental & technical research
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Wealth management support
Why it's included: Legacy and trust, especially among traditional investors
Quick Comparison Table
Broker |
Type |
Brokerage |
Best For |
Key Strength |
Zerodha |
Discount |
₹20/order |
All-round trading |
Stability + Low cost |
Upstox |
Discount |
₹20/order |
Mobile-first users |
Speed + Interface |
Angel One |
Hybrid |
₹20/order |
Research + beginners |
Smart features + AI tools |
Groww |
Discount |
₹20/order |
Beginners & SIPs |
Clean UI + simplicity |
ICICI Direct |
Full-Service |
₹20/order |
Bank-integrated investing |
Legacy trust |
Dhan |
Discount |
₹20/order |
F&O + APIs |
Options & algo trading |
HDFC Sky |
Hybrid |
₹20/order |
HDFC users |
Digital + Banking combo |
5paisa |
Discount |
₹10–₹20/order |
Budget investors |
Low-cost packs |
Motilal Oswal |
Full-Service |
Plan-based |
HNIs & research fans |
Expert insights |
Sharekhan |
Full-Service |
Plan-based |
Desktop traders |
TradeTiger power |
Final Thoughts
The best stock broker in India depends on your investment goals, experience level, and trading preferences. Active traders may prefer Zerodha or Dhan, while beginners will enjoy the simplicity of Groww or Angel One. Traditional investors may stick with full-service brokers like ICICI Direct or Sharekhan.
Compare platforms, features, and charges before opening a Demat and trading account.
Want to compare brokers in detail? Visit InStockBroker for updated broker rankings, user reviews, and exclusive signup offers.
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