Are you new to stock trading and finding difficulty choosing the right stock broker company in India?

One must carefully choose a stockbroker for stock trading in India. We will show you some of the best stock broker companies in India with their Segments, charges, and offers from different stock broker companies. Let's find out

1. Groww

Groww was started in 2017 by four ambitious minds at Flipkart, namely Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh; these people had the vision to democratize investing and make it accessible and user-friendly. By the end of just seven years, Groww had become India’s largest stockbroker with the highest number of active investors.
Active Clients: 91,85,024 as of February 2024

Segments you can invest in Groww

• Equity
• Futures
• Options
• Commodity
• Currency

Charges in Groww

• Account Opening Charges - FREE
• Account Maintenance Charges - FREE
• Call & Trade Charges - -
• Equity Delivery Brokerage - 0.05% (On order value, upto ₹ 20)
• Equity Intraday Brokerage - 0.05% (On order value, upto ₹ 20)
• Equity Futures Brokerage - ₹ 20 (Per Order)
• Equity Options Brokerage - ₹ 20 (Per Order)

2. Zerodha

Zerodha is an Indian discount stockbroker that offers online trading and investment services. It was established in 2010 by Nithin Kamath and Nikhil Kamath.
Active Clients: 72,23,525 as of February 2024

Segments you can invest in Zerodha

• Equity
• Futures
• Options
• Commodity
• Currency

Charges in Zerodha

• Account Opening Charges - ₹ 300 (Equity ₹ 200, Commodity ₹ 100)
• Account Maintenance Charges - ₹ 300 (Per annum)
• Call & Trade Charges - ₹ 50
• Equity Delivery Brokerage - Zero
• Equity Intraday Brokerage - 0.03% (On order value, upto ₹ 20)
• Equity Futures Brokerage - 0.03% (On order value, upto ₹ 20)
• Equity Options Brokerage - ₹ 20 (Per Order)

3. Upstocks

Tiger Global and Ratan Tata are the main investors in Upstox, a discount broker offering premium subscriptions from third-party providers for free when customers register new accounts.
Active Clients: 25,01,173 as of February 2024

Segments you can invest in Upstocks

• Equity
• Futures
• Options
• Commodity
• Currency

Charges in Upstocks

• Account Opening Charges - FREE
• Account Maintenance Charges - FREE
• Call & Trade Charges - ₹ 50 (Per order)
• Equity Delivery Brokerage - 2.5% (On order value, upto ₹ 20)
• Equity Intraday Brokerage - 0.05% (On order value, upto ₹ 20)
• Equity Futures Brokerage - 0.05% (On order value, upto ₹ 20)
• Equity Options Brokerage - ₹ 20 (Per Order)

4. Angel One

They are brokers who offer a full range of investment services in India at the same price as discount brokers.
Active Clients: 59,83,067 as of February 2024

Segments you can invest in Angel One

• Equity
• Futures
• Options
• Commodity
• Currency

Charges in Angel One

• Account Opening Charges - FREE
• Account Maintenance Charges - ₹ 240 (Per annum + applicable taxes)
• Call & Trade Charges - ₹ 20 (Per order)
• Equity Delivery Brokerage - Zero
• Equity Intraday Brokerage - 0.02% (On order value, upto ₹ 20)
• Equity Futures Brokerage - 0.25% (On order value, upto ₹ 20)
• Equity Options Brokerage - ₹ 20 (Per Order or 0.25%, whichever is lower)

5. HDFC Securities

HDFC Securities is a brokerage of the top private bank in India, HDFC. With its establishment in 2000, it has come a long way and is one of India's top full-service brokers.
Active Clients: 10,88,561 as of February 2024

Segments you can invest in HDFC Securities

• Equity
• Futures
• Options
• Commodity
• Currency

Charges in HDFC Securities - Plan 1

• Account Opening Charges - FREE
• Account Maintenance Charges - FREE
• Call & Trade Charges - FREE
• Equity Delivery Brokerage - 0.5% (On order value, or ₹ 25 per order)
• Equity Intraday Brokerage - 0.010% (On order value, or ₹ 25 per order)
• Equity Futures Brokerage - 0.025% (upto 0.05% on order value)
• Equity Options Brokerage - ₹ 100 (Per Order, upto 1% on order value)

These are some of the best trusted and mostly used stock broker companies in India for stock trading, you have to choose one, and all of them are best to use but I recommend choosing one because I used it and it is user-friendly, free account opening charge, smooth transaction, quick support and response.

Choose Correctly, Think Correctly, and Invest Correctly wait for the right time to get maximum returns. Thanks for reading this article we hope you have answered your question about choosing the correct company.