10 Best Stock Brokers In India In 2024 To Invest Money In Stock Market.

Best Stock Brokers In India In 2024 (Best Stock Broker In Indian in 2024 To invest money)

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If you are thinking of investing in the stock market, then it becomes very important for you to know about Best Stock Brokers In India In 2024 (Top 10 Stock Brokers In India) because when it comes to money, A person should take every step carefully.

Before investing in the stock market, it is very important to know the best stock broker because if you open your trading and Demat account with the wrong broker and something goes wrong, then all your capital can go and your future will be drowned in darkness. so choose a broker who is very big, reliable, and reputed.

Any new investor who wants to step into the stock market, first of all, looks for a good broker, So your search is over now because today I have brought you the list of best brokers in India, I will tell you why this broker is the best.

I am an investor myself who has been investing for the last many years, so I will give you information about the best stock broker based on my analysis and experience, which will make it very easy for you to choose a good broker.

Top 10 Stock Brokers In India

  1. Zerodha
  2. Upstox
  3. Groww
  4. Angel Broking
  5. 5Paisa
  6. Sharekhan
  7. ICICI Direct
  8. HDFC Securities
  9. Kotak Securities
  10. Motilal Oswal

Best Stock Brokers In India

Choosing a good stock broker is the most essential part of investing because if you are a good stock market investor and understand the stock very well but your broker is not trustworthy then all your returns may disappear one day.

The list of Best Stock Brokers in India has been given to you above, we are going to give you detailed information about these brokers below, and we will tell you why this broker can be the best and why you should go with them.

#1 Zerodha

The first name comes in the list of Best Stock Brokers In India is Zerodha, Zerodha is a discount broker which was started by Nitin Kamath in 2010 then no one knew this company but today this broking company has become India’s largest broking company.

The full name of Zerodha is Zerodha Broking Limited, the headquarters of this company is in the city of Bangalore in the state of Karnataka.

Why Zerodha

Some of the reasons why you should open your trading and Demat account in Zerodha are given below, if you like this simple reason then you can open your account with this company today.

To open an Account with Zerodha – Click here

Reason 1: Online Trading Platform

Zerodha gives you an online trading platform, whether you want to trade from mobile or PC, Zerodha gives you the facility to trade through mobile applications and the web for trading, apart from this, Zerodha gives you access to Equities, Currencies, Commodities, and Derivatives in all these financial instruments. Provides trading facilities.

Reason 2: Discount Brokerage

Zerodha is a discount broker, so its charges are significantly less as compared to other full-service brokers, which is most liked by people if you are a trader or investor who trades or invests in the stock market daily and your capital If it is very small, then Zerodha can be a very good option for you because very little of your money will go towards charges.

Reason 3: Great Technology

Whether you do trading daily, whether you invest for 2 years, 10 years, or 50 years or you are a student or a senior citizen of 80 years, their technology is very good and straightforward to use.

Reason 4 Biggest Active User

Zerodha is the broker in India which has the largest number of active users in India, that is, Zerodha has the largest number of stock market investors in India, and this makes Zerodha the largest Discount broker in India.

Reason 4: Flat Fees Structure

Zerodha charges a Flat Fee from its customer while other full-service brokers charge you a percentage over the investment, due to Flat Fee you can start investing in Zerodha with very little money.

Reason 5: Stock Investing and Mutual Fund Investing

Zerodha gives you the facility to invest in stocks as well as invest in Mutual Funds, you can also invest in Mutual Funds with the same Same ID and Password.

Charges Detail of Zerodha 

  • Account Opening Charges 
Types of AccountCharges
Online रु 200
Offlineरु 500
NRI ( Offline Only )रु 500
Partnership, LLP, HUF, (offline only )रु 500 
  • Trading Charges 
Zerodha chargesBrokerage
Equity deliveryZero Brokerage
Equity intraday0.03% or Rs. 20/executed order whichever is lower
F&O – Futures0.03% or Rs. 20/executed order whichever is lower
F&O – OptionFlat Rs. 20 per executed order

To open an Account with Zerodha – Click here

#2 Upstox

Upstox is the fastest-growing broker company after Zerodha in the list of Best Stock Brokers In India. Upstox is also a discount broker company that was started in 2012. Upstox was earlier known as RKSV but since 2015 its name has been changed to Upstox.

After Zerodha, Upstox is the second largest discount broker company in terms of active users. Kalaari Capital, Ratan Tata, GVK Davix are among the big investors of this company.

To open an Account with Upstox Click Here

Upstox gives you the facility of trading Equity, Currency, and Commodity.

Upstox Charges

Demat & Trading account opening रु 0 
Mutual Fund & IPO Investment रु 0 Commission 
Equity Intraday, F&O, Currency & Commodity*₹20 or 0.05% (whichever is lower) per order on Stocks
Equity Delivery*₹20 or 2.5% (whichever is lower) per order on Stocks
Account Maintenanceरु 0 

#3 Groww

Groww is another Indian financial technology company that facilitates online investment. Groww company was started in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal.

Groww provides you with a user-friendly mobile app and website from where you can invest in Stocks, Mutual Funds, and ETFs (Exchange Traded Funds).

Key features of Groww

  • Mutual Fund Investments: Groww lets you invest in lots of different mutual funds from different AMCs through which you can invest in direct or regular plans.
  • Stock Investment: groww gives you the facility to invest in Indian company stocks, which you can easily do from its mobile APP or website.
  • ETF Investments: Along with stocks and mutual funds, Groww also gives you the option of ETF investment.
  • US Stock Investment: If you want to invest in US stocks, Groww also gives you the facility to invest in US stocks by opening a US Trading account with Groww.

Groww Stocks Charges

Account opening Chargesरु 0
Account maintenance Chargesरु 0
Equity Brokerageरु 20 or 0.05 whichever is low
Future and option brokerageरु 20 per executed order

Groww Mutual Fund Charges

Account Opening रु 0
Transaction Chargesरु 0

Groww US stock Charges

Account Opening रु 0
AMCरु 0
Brokerageरु 0

#4 Angel Broking

This company was started in 1987. Angel Broking is an Indian broking company which is also known as Angel One. Angel One is one of the fastest-growing companies after Zerodha and Upstox.

Key features of Angel One

  • Stock Trading: Angel Broking provides its clients the facility to invest in the stocks of companies listed on the NSE and BSE exchanges in India.
  • Mutual Fund Investment: By opening an account in Angel One, you can also invest in mutual funds of many different AMC companies. Angel One gives you the option to invest in both direct or regular plans.
  • Commodities Trading: Through Angel One, you can also trade in Commodities like Gold, Silver, and Crude Oil.
  • Currency Trading: Angel Broking also gives you the facility of currency trading.
  • Research and Analysis: Angel Broking provides research reports, stock recommendations, and market analysis to help clients make informed investment decisions.
Angel One Broking Charges
Account Opening0 रु
Account Maintenance0 रु
Equity Delivery Trade0 रू for Lifetime
F&O, Currency, and Commodity Trades20 रू Flat Brokerage on Intraday


I hope that this article on Best Stock Brokers In India will make it easier for you to choose the best broker and you will be able to start your investing journey.

Choosing the best broker for investing is a very important task because if your investment is getting good returns but the person who is going to keep your returns is not reliable, then you risk your entire accumulated capital.

After reading this article, if you are confused or have any suggestions, then you must comment about it in the comment box below.

Best Stock Brokers In India Related FAQs:

Which is the No 1 stock broker in India?

If you are looking for a discount broker then Zerodha is one of the best stockbroker in India.

Which is the No 2 stock broker in India?

Upstox is one of the second best stock Broker after Zerodha in discount broker.

Which broker is the cheapest?

Upstox is the cheapest and most trusted broker with the second-highest number of active clients.

Why is Zerodha so popular?

Zerodha is very popular because Zerodha was the first discount broker in India to provide the cheapest investment facility, still, their charges are very low compared to other brokers, along with this, people trust Nitin Kamath, the founder of Zerodha.

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