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Canonical Broker Registry100% Primary Source Verified

Compare Discount Brokers in India

Find a low-cost stock broker by comparing verified brokerage rates, account and demat charges, statutory fees, and platform features across SEBI-registered brokers. The lowest brokerage is not always the lowest total cost, so check the fees that apply to your trading style.

How to choose a low brokerage or affordable stock broker

Compare the charges for the trades you actually place: equity delivery, intraday, futures, or options. A broker may advertise zero brokerage for one segment while charging brokerage in another. Your total bill can also include exchange transaction charges, STT, GST, stamp duty, and demat debit (DP) charges.

There is no completely free stock broker: statutory taxes and exchange or depository charges may still apply even when brokerage is zero. Use the verified tariff details in this directory and the brokerage calculator to estimate costs for your order size. You can also review other broker fees before opening an account.

“Best” depends on your usage, not a single ranking: compare the fee schedule, account maintenance, app and platform features, support, and regulatory details. Check each broker’s linked source and last verification date before making a decision.

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Demat AMC Sizing:
Showing 11 of 11 verified Indian stock brokers
100% backed by official SEBI filings & published tariff sheets
discountINZ000161534
Angel One Limited • Est. 1996 • Mumbai, Maharashtra
Exchanges:NSEBSEMCX•Depository:CDSLNSDL
Equity Delivery
₹0 Free
Equity Intraday
₹20
Equity Options
₹20
CDSL DP Charge
₹20.00 + GST per debit transaction
Trading API
Free API
Demat AMC (< ₹4L)
₹0 Free
Web PortaliOS & AndroidREST / WS APIAPI Usable by Agents
Verified: 2026-11-03
fintechINZ000006031
Moneylicious Securities Private Limited • Est. 2021 • Mumbai, Maharashtra
Exchanges:NSEBSEMCX•Depository:CDSL
Equity Delivery
₹0 Free
Equity Intraday
₹20
Equity Options
₹20
CDSL DP Charge
₹14.00 + GST per scrip
Trading API
Free API
Demat AMC (< ₹4L)
₹0 Free
Web PortaliOS & AndroidREST / WS APIOfficial MCP
Verified: 2026-11-03
discountINZ000301838
Nextbillion Technology Private Limited • Est. 2016 • Bengaluru, Karnataka
Exchanges:NSEBSE•Depository:CDSL
Equity Delivery
₹20
Equity Intraday
₹20
Equity Options
₹20
CDSL DP Charge
₹20.00 + GST per company
Trading API
₹499 / month
Demat AMC (< ₹4L)
₹0 Free
Web PortaliOS & AndroidREST / WS APIOfficial MCP
Verified: 2026-11-03
fintechINZ000305337
Finzoomers Services Private Limited • Est. 2019 • Gurugram, Haryana
Exchanges:NSEBSE•Depository:CDSL
Equity Delivery
₹20
Equity Intraday
₹20
Equity Options
₹20
CDSL DP Charge
₹18.50 + GST
Trading API
Free API
Demat AMC (< ₹4L)
₹0 Free
REST / WS APIOfficial MCP
Verified: 2026-09-06
bank basedINZ000200137
Kotak Securities Limited • Est. 1994 • Mumbai, Maharashtra
Exchanges:NSEBSEMCX•Depository:CDSLNSDL
Equity Delivery
₹0.20
Equity Intraday
₹10
Equity Options
₹10
CDSL DP Charge
₹13.50 + GST
Trading API
Free API
Demat AMC (< ₹4L)
₹0 Free
REST / WS APIOfficial MCP
Verified: 2026-11-03
discountINZ000163138
Mirae Asset Capital Markets (India) Private Limited • Est. 2022 • Mumbai, Maharashtra
Exchanges:NSEBSEMCX•Depository:CDSLNSDL
Equity Delivery
₹10
Equity Intraday
₹10
Equity Options
₹10
CDSL DP Charge
₹18.00 + GST
Trading API
Free API
Demat AMC (< ₹4L)
₹0 Free
REST / WS APIOfficial MCP
Verified: 2026-11-03
discountINZ000240532
Paytm Money Limited • Est. 2017 • Noida, Uttar Pradesh
Exchanges:NSEBSE•Depository:CDSL
Equity Delivery
₹20
Equity Intraday
₹20
Equity Options
₹20
CDSL DP Charge
₹13.50 + GST per company
Trading API
Free API
Demat AMC (< ₹4L)
₹0 Free
Web PortaliOS & AndroidREST / WS APIAPI Usable by Agents
Verified: 2026-11-03
fintechINZ000313732
Pocketful Fintech Capital Private Limited • Est. 2021 • New Delhi, Delhi
Exchanges:NSEBSEMCX•Depository:CDSL
Equity Delivery
₹0 Free
Equity Intraday
₹20
Equity Options
₹20
CDSL DP Charge
₹13.50 + GST
Trading API
Free API
Demat AMC (< ₹4L)
₹0 Free
REST / WS APIAPI Usable by Agents
Verified: 2026-11-03
fintechINZ000317632
Aaritya Broking Private Limited • Est. 2023 • Bengaluru, Karnataka
Exchanges:NSEBSE•Depository:CDSL
Equity Delivery
₹10
Equity Intraday
₹10
Equity Options
₹10
CDSL DP Charge
₹13.50 + GST
Trading API
None
Demat AMC (< ₹4L)
₹0 Free
Verified: 2026-11-03
discountINZ000315837
Upstox Securities Private Limited • Est. 2009 • Mumbai, Maharashtra
Exchanges:NSEBSEMCX•Depository:CDSL
Equity Delivery
₹20
Equity Intraday
₹20
Equity Options
₹20
CDSL DP Charge
₹20.00 + GST
Trading API
Free API
Demat AMC (< ₹4L)
₹0 Free
REST / WS APIOfficial MCP
Verified: 2026-11-03
discountINZ000031633
Zerodha Broking Limited • Est. 2010 • Bengaluru, Karnataka
Exchanges:NSEBSEMCX•Depository:CDSL
Equity Delivery
₹0 Free
Equity Intraday
₹20
Equity Options
₹20
CDSL DP Charge
₹19.00 + GST per scrip
Trading API
₹500 / month
Demat AMC (< ₹4L)
₹0 Free
Web PortaliOS & AndroidREST / WS APIAPI Usable by Agents
Verified: 2026-11-03