Lowest Brokerage Charges in India For Online Trading

For those looking to witness an amazing appreciation on their investments, investing in stocks seems to be the best way forward. If you are looking for a stock broker with the lowest brokerage charges in India, this post is especially meant for you.

With the rapid industrialization and sustainable growth of Indian economy, Indian stock markets have been delivering superior performance to retail investors. In addition, the advent of online trading in India has compelled investors to invest in stocks, currencies, commodities, and derivatives.

For Lowest brokerage charges and low brokerage demat account, always choose Discount brokers because they offer Low Brokerage in India compare to full service stock broker.

In this article we have listed top stock brokers that offer lowest brokerage charges in India.

Top Stock Brokers Offering Lowest Brokerage Charges in India:

How to choose the right broker in terms of lowest brokerage charges in India?

For each investor or trader, selecting the broker with the lowest brokerage charges is an essential choice. Making the perfect decision might be difficult with so many alternatives available. Here is some points to consider while choosing: –

• Examine the brokerage fees that various brokers are offering. Choose brokers with cheap flat fees or with special deals for active traders.
• Read for terms and conditions, mark if any hidden fees are there.
• Next, think over the tools and trading platform that each broker offers. Your trading productivity and experience can be improved by using a platform that is both user-friendly and feature-rich.
• Customer assistance is a further crucial element. Pick a broker who provides efficient and dependable client support across many platforms including phone, email, or live chat.
• You may find a trustworthy and cost-effective broker who satisfies your trading needs by taking these elements into account in addition to the lowest brokerage fees.

Compare Stock Brokers and Their Lowest Brokerage Charges

here are some top stock brokers and we have listed brokerage charges for all the brokers you can compare all these charges to find out the broker with lowest brokerage charges in India.

List of Stock Brokers with Lowest Brokerage Charges in India

1. Zerodha
2. Upstox
3. Angel One
4. 5 Paisa
5. Groww

1. Zerodha

Zerodha, founded by Nithin Kamath kick-started its operations in the year 2010 to break all barriers that traders and investors face in India in terms of cost, support, and technology. They have over 8+ million clients who place millions of orders every day, contributing over 15% of all Indian retail trading volumes. Zerodha offers lowest brokerage charges in India for all segments.

Fees & Charges: 

Account Opening Fee	AMC	Equity Delivery	Equity Intraday	Call & Trade Charges
₹200	₹300	Zero	0.03%	₹50

Get Offer: Open Account with Zerodha

2. Upstox

Upstox (also known as RKSV), founded in 2011 by Shrini Viswanath, Ravi Kumar, and Kavitha Subramanian, Upstox is an India-based brokerage firm that offers online stock trading services for long-term investors, pro traders, and part-time traders through customized portfolio solutions.

Fees & Charges: 

Account Opening Fees	AMC	Equity Delivery	Equity Intraday	Call & Trade Charges
Free	₹150	2.5%	0.05%	₹50

Get Offer: Open Account with Upstox

3. Angel One

Angel One Limited (formerly known as Angel Broking Limited) incorporated in 1987 is one of the largest full-service retail brokers in India offering online discount brokerage services. They have 7 Million+ Registered Clients, 16000+ Authorised Persons, 12 Million+ App downloads, and have a presence in over 1800+ cities in India.

Fees & Charges: 

Account Opening Fees	AMC	Equity Delivery	Equity Intraday	Call & Trade Charges
Free	₹240	Zero	0.25%	₹20

Get Offer: Open Account with Angel One

4. 5Paisa

5Paisa is a financial services company with a focus on “discount broking” services, providing financial products through an online technology platform and mobile application. IIFL (India Infoline) launched 5 paisa to compete in the fastest-growing broking industry. 5paisa has been catering to over 2.5 million+ customers with lowest brokerage charges in India and supporting them to manage their portfolio with ease.

Fees & Charges: 

Account Opening Fees	AMC	Equity Delivery	Equity Intraday	Call & Trade Charges
Free	₹300	₹10	₹10	Free

Get Offer: Open Account with 5 Paisa

5. Groww

It is an online investment platform that allows investors to invest in stocks and mutual funds. They started as a mutual fund investment platform in the year 2016, and after looking at the increase in demand for equity investment, they started offering equity trading in the year 2020. They have 20+ million customers and 500+ team members. It is one of the highly-rated apps in the Play Store and App Store with a rating of over 4.4 and 4.5 stars respectively.

Fees & Charges: 

Account Opening Fees	AMC	Equity Delivery	Equity Intraday	Call & Trade Charges
Free	Zero	RS 20/Order	RS 20/Order	₹50

Get Offer: Open Account with Groww

What are the lowest brokerage charges?

Understanding the lowest brokerage charges is very simple. It refers to the lowermost brokerage amount levied by stock brokers in India. The lowest brokerage fees often come into play when the computed brokerage amount is less than the minimum brokerage amount since each stock broker has a different minimum brokerage amount in place.

How is the brokerage fee calculated? – Understand with an Example

Making wise judgements regarding your assets can be aided by having a solid understanding of how brokerage fees are determined and how they operate. Stock brokers determine three separate brokerage fees in the following three ways:

Percent-based charge – A predetermined proportion of the transaction value is the basis for the percentage-based charge. For instance, if the deal value is Rs. 10,000 and the brokerage cost is Rs. 0.2%, the investor needs pay Rs. 20 in brokerage fees.

Per-trade flat rate – The broker charges a predetermined fee per trade, say Rs. 20, regardless of the magnitude of each transaction they carry out.

Hybrid refueling – In the hybrid fee system, flat fees and percentage-based fees are both employed.

Example – In India, the brokerage fee typically varies from 0.01% to 0.5% of the entire transaction amount. For instance, the total fee would be Rs. 10 if the share was worth Rs. 10,000 and the brokerage fee was 0.1%. Additionally, a number of brokers impose a set brokerage price each trade that typically runs from Rs. 10 to 100. 

Why lowest brokerage charges are important?

Finding a stock broker that levies reasonable brokerage charges is one of the most important things to take into account before entering the world of stock market investments. After all, cutting expenditures may have a big effect on your total profits. In the field of stockbroking, investors spend a lot of money on the brokerage which may be a downside for many of them.

This is where choosing the lowest brokerage charges in India becomes necessary for them. Today, there are numerous stock brokers available in the market like Zerodha, m.Stock that give a new dimension to brokerage charges. If you are looking to save big on brokerage, it is necessary to keep a close watch on the competitive brokerage charges and the stock broker that are behind them.

Lowest Future Brokerage Charges

The intraday brokerage costs may vary depending on the pricing structure and the broker. Brokerage costs for futures are generally either a flat amount per trade or a percentage-based expense. The price may be in the range of 0.01% to 0.05% of the total contract value in terms of percentage-based fees. The cheapest brokerage charge is 0.01%. However, in the case of flat fee brokerage, the brokers charge a predetermined fee that might be anywhere between Rs 10 and Rs 100 for each sale.

Additionally, it’s critical to be aware that brokerage fees might vary from broker to broker based on the type of account and trading activity of the trader.