Top 5 brokers for trading in India, Following are the Top most brokers which are getting used by majority of people for trading/investing in India.
ZERODHA
Zerodha is on 1st number Top 5 brokers for trading it is India’s largest stock broker. It is one of India’s top and cheapest brokers. Zerodha provides inexpensive stock and commodities trading at a fixed rate of Rs 20 per executed transaction, regardless of order size. Brokerage is not required for equities delivery trades or mutual fund investments.
Advantages:
- Free equity delivery & direct mutual funds.
- Everything else at BSE, NSE, and MCX is limited to Rs 20 per trade.
- Easy to use application for all platform like IPhone, android and Web
- User can use Streaks for back test and for algo based trading .
ICICI Direct
ICICI Direct is on 2nd number in Top 5 brokers for trading in India With over 2 decades of service and 170+ offices throughout India, ICICIdirect is India’s biggest retail broker and financial product distributor, trusted by over 50 million consumers. ICICIdirect.com has changed the way people invest online. This online stock trading platform provides a trading account that allows for easy and convenient electronic trading. ICICIdirect has over 50 products and services under one roof to help you achieve your investment goals, including equity, mutual funds, derivatives, futures and options, currency, commodity, ETF, insurance, IPOs, loans, portfolio management services, NPS, wealth management, corporate services, NRI services, corporate fixed deposits, global investment, financial learning, and tax services.
Advantages:
- Opening an account is completely free.
- Trading in equity futures with no commissions. BSE, NSE, and MCX provide flat Rs. 20 per trade brokerage in Options, Currency F&O, and Commodity Futures.
- Free trading advice is available.
- Within 30 minutes of selling stocks, you’ll have money in your bank account.
Upstox
Upstox is on 3rd number in Top 5 brokers for trading in India, Upstox is an online investing brand. it is a Mumbai-based SEBI-registered financial services business that was founded in 2009. Online stock trading, commodities trading, currency derivatives trading, mutual funds trading, and demat account trading are all available through it.
Advantages:
- Up to $20 per order* on stocks, futures, commodities, and currencies.
- No commissions* on mutual funds and initial public offerings.
5PAISA
5PAISAis on 4rth number in Top 5 brokers for trading in India, The 5paisa app is a mobile trading programme that lets consumers trade on the BSE, NSE, and MCX exchanges. To trade with simplicity, the app includes features such as live market quotations, sophisticated charting, multi-asset watchlist, single-click order placements, and auto investor, among others.
advantages:
- Regardless of the amount of the transaction, section, or exchange, there is a flat fee of 20 Rs every order.
- Invest in stocks, mutual funds, commodities, currencies, research, and advisory all from one account.
- In 5 minutes, you may start a free, paperless account.
- DP Charges at their lowest.
- Account with a free mutual fund.
- App for trading in several languages.
Angel Broking
Angel One Limited is on 5th number in Top 5 brokers for trading in India, previously Angel Broking Limited, is a stockbroker in India that was founded in 1996. The Bombay Stock Exchange, National Stock Exchange of India, National Commodity & Derivatives Exchange Limited, and Multi Commodity Exchange of India Limited are all members of the business.
advantages:
- Full-service brokerage services are offered for a fraction of the cost of full-service brokerage.
- A stockbroker that charges a flat cost of Rs 20 per order across all sectors and exchanges is called a flat fee stockbroker.
- Free consultation and research…
- Trading software that is available for free (website, mobile, and trading terminal).
