Broker Comparisons
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Last updated: May 2026 · Charges and offers verified against official broker pages where noted.
Compare demat accounts side by side with live charge tables. Pick any two or three brokers in the tool below, or open a comparison article.
- Overview
- Description
- Brand/Store
- Availability
- User Rating
- Review
- Account opening & AMC
- Account Opening Fee
- AMC Upto ₹4 Lakh
- AMC ₹4 to ₹10 Lakh
- Brokerage Charges & Fees
- Brokerage Plan
- Commodity Futures charges
- Commodity Options charges
- Currency Futures charges
- Currency Options charges
- Equity Delivery Charges
- Equity Futures charges
- Equity Intraday Charges
- Equity Options charges
- Pledge Charges
- Interest on Margin Trading
- Margin Re-Pledge
- Pledge Creation Charges
- Pledge Invocation Charges
- Leverage (Margin) Offered
- Equity Delivery Margin
- Equity Intraday Margin
- Unique Offerings
- Brokerage Cashback
- Flexible Brokerage Plans
- Free Brokerage
- Free Equity Delivery
- Free Intraday Trading
- No Brokerage on Loss Trades
- STT & CTT Charges
- Currency Futures STT & CTT
- Currency Options STT & CTT
- Equity Delivery STT & CTT
- Equity Futures STT & CTT
- Equity Intraday STT & CTT
- Equity Options STT & CTT
- Transaction Charges
- Comm. Futures Trxn. Charges
- Comm. Options Trxn. Charges
- Curr. Futures Trxn. Charges
- Curr. Options Trxn. Charges
- Equity Del. Trxn. Charges
- Equity Futures Trxn. Charges
- Equity Intra. Trxn. Charges
- Equity Options Trxn. Charges
- Stamp Duty charges
- Commodity Futures Stamp Duty
- Commodity Options Stamp Duty
- Currency Futures Stamp Duty
- Currency Options Stamp Duty
- Equity Delivery Stamp Duty
- Equity Futures Stamp Duty
- Equity Intraday Stamp Duty
- Equity Options Stamp Duty
- Other Charges
- Account Closure Charges
- Call and Trade charges
- Dematerialization Charges
- DP Charges
- GST charges
- Reactivation Charges
- SEBI Turnover Charges
- Auto Square off Charges
- KRA, CKYC, ESign Charges
Angel One demat account review: opening fee ₹0, AMC Free first year; then ₹60 + GST/quarter for non-BSDA clients after first trade each quarter, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
- Features & Services Provided9.6Brokerage Charges & Fees8.1Users Rating8.7User Interface8.9Customer Support8.6
₹0
Free first year; then ₹60 + GST/quarter for non-BSDA clients after first trade each quarter
₹100 + GST / year (BSDA)
Regular online retail plan
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
Lower of ₹20 or 0.1% per executed order; minimum ₹5
₹20 per executed order
Lower of ₹20 or 0.1% per executed order
₹20 per executed order
14.99% p.a. (0.041%/day)
Yes
₹20 + GST per ISIN for margin/CUSPA/MTF pledge, unpledge or invoke
₹20 + GST per ISIN for margin/CUSPA/MTF unpledge/invoke
1x; 100% upfront delivery margin
Up to 5x
No
No
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹20 per order
₹50 per certificate
₹20 + GST per ISIN debit/sell
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹20 per order
₹0
Dhan demat account review: opening fee ₹0, AMC ₹0 (Free for lifetime), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
- Features & Services Provided9Brokerage Charges & Fees9.6Users Rating9.8User Interface9.5Customer Support9
₹0
₹0 (Free for lifetime)
₹0/year
Regular flat-fee online plan
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹0
₹20 per executed order
Lower of ₹20 or 0.03%
₹20 per executed order
12.49% to 16.49% p.a. (Tiered)
Yes
₹15 + GST per ISIN
₹15 + GST per ISIN
1x; 100% upfront delivery margin
Up to 5x
No
No
No
Yes
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹50 per order + GST
₹250 per certificate + courier
₹12.50 + GST per ISIN
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹20 per order + GST
₹0
Upstox demat account review: opening fee ₹0, AMC ₹0 first year; then ₹300 + GST/year for non-BSDA users, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- Features & Services Provided9Brokerage Charges & Fees8.7Users Rating8.5User Interface8.8Customer Support9.3
₹0
₹0 first year; then ₹300 + GST/year for non-BSDA users
₹100/year (BSDA)
Regular Upstox pay-per-use plan
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
Lower of ₹20 or 0.05%
Lower of ₹20 or 0.05% per executed order
₹20 per executed order
MTF interest ₹20/day per ₹50,000 borrowed slab
Yes
₹20 + GST per scrip
₹20 + GST per scrip
1x; 100% upfront delivery margin
Up to 5x
No
No
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹75 + GST
₹100 per cert + ₹50 courier
₹20 + GST per scrip/day
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹75 + GST
₹50 + GST account modification
Axis Direct demat account review: opening fee ₹0 (online account opening), AMC ₹750/year from second year for regular retail demat, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0 (online account opening)
₹750/year from second year for regular retail demat
₹100/year (BSDA)
Basic retail online plan
0.03% per order
₹50 per order
0.03% per order
₹10 per order
0.50% per transaction
0.05% per transaction
0.05% per transaction
₹20 per executed order
18.00% p.a.
Yes
0.04% or Min ₹50
0.04% or Min ₹50
1x; 100% upfront delivery margin
Up to 5x
No
Yes
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹20 per order
₹100 per cert + ₹100 courier
0.04% or Min ₹25
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹20 per order
₹0
5paisa demat account review: opening fee ₹0, AMC ₹0 first year; then ₹25/month + GST (₹300/year + GST), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹0 first year; then ₹25/month + GST (₹300/year + GST)
₹100/year (BSDA)
Regular flat ₹20/order plan
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
9.50% p.a. (0.026%/day)
Yes
₹20 + GST per ISIN
₹20 + GST per ISIN
1x; 100% upfront delivery margin
Up to 4x (MTF)
No
Yes
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹20 per order
₹15 per certificate
₹20 + GST per ISIN debit/sell
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹20 + GST
₹0
Fyers demat account review: opening fee ₹0, AMC ₹0 (Free for lifetime), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹0 (Free for lifetime)
₹0/year
Regular FYERS online plan
₹20 or 0.03% per order, lower
₹20 per executed order
₹20 or 0.03% per order, lower
₹20 per executed order
Lower of ₹20 or 0.3%
Lower of ₹20 or 0.03%
Lower of ₹20 or 0.03%
₹20 per executed order
12.49% p.a. onwards
Yes
₹5 + GST creation; ₹0 unpledge
₹0 unpledge; ₹5 + GST creation
1x; 100% upfront delivery margin
Up to 5x
No
No
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹50 per order
₹0
₹12.50 + GST per ISIN
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹50 per order
₹0
Groww demat account review: opening fee ₹0, AMC ₹0 (Free for lifetime), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹0 (Free for lifetime)
₹0/year
Regular Groww online plan
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
Lower of ₹20 or 0.1%
₹20 per executed order
Lower of ₹20 or 0.1%
₹20 per executed order
14.95% p.a.
Yes
₹20 + GST per ISIN
₹20 + GST per ISIN
1x; 100% upfront delivery margin
Up to 5x
No
No
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
No phone-order facility shown in regular online pricing
₹150 per cert + courier
₹16.50 + CDSL fee
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹50 per position
₹50 including GST
HDFC Sky demat account review: opening fee ₹0, AMC ₹240/year (₹20/month after first year), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹240/year (₹20/month after first year)
₹100/year (BSDA)
Regular HDFC Sky online pricing
Lower of ₹20 or 2.5% per executed order
₹20 per executed order
Lower of ₹20 or 2.5% per executed order
₹20 per executed order
Lower of ₹20 or 2.5% per executed order
Lower of ₹20 or 2.5% per executed order
Lower of ₹20 or 2.5% per executed order
₹20 per executed order
MTF 1% per month (12% p.a.)
Yes
₹20 + GST per request
₹20 + GST per request
1x; 100% upfront delivery margin
Up to 5x
No
No
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹20 per call
₹50 per certificate
₹20 + GST per scrip
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹50 + GST per squared-off position
₹0
ICICI Direct demat account review: opening fee ₹0 online, AMC ₹700/year under regular MoneySaver account, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0 online
₹700/year under regular MoneySaver account
₹100/year (BSDA)
Regular MoneySaver Plan
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
0.29% per side (MoneySaver)
0.029% per side (MoneySaver)
0.029% per side (MoneySaver)
₹49 per lot
17.99% p.a. (0.049%/day)
Yes
0.04% or min ₹45 per ISIN
0.04% or min ₹45 per ISIN
1x; 100% upfront delivery margin
Up to 5x
No
Yes
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹50 per order
₹50 per certificate
₹20 + GST per ISIN
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹50 per order
₹0
IIFL Securities demat account review: opening fee ₹0, AMC ₹250/year from second year; first year free, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹250/year from second year; first year free
₹100/year (BSDA)
Regular IIFL investor plan
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
0.25% per order
0.025% per order
0.025% per order
₹25 per lot (Index: ₹75)
18.00% p.a.
Yes
₹25 + GST per ISIN
₹25 + GST per ISIN
1x; 100% upfront delivery margin
Up to 5x
No
Yes
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹50 per order
₹15 per certificate
₹25 + GST per ISIN
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹100 per order
₹0
Indmoney demat account review: opening fee ₹0, AMC ₹0 (Free for lifetime), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹0 (Free for lifetime)
₹0/year
INDstocks Indian Stocks pricing
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
Lower of ₹20 or 0.1% per executed order; minimum ₹2
₹20 per executed order
Lower of ₹20 or 0.1% per executed order; minimum ₹2
₹20 per executed order
MTF offered up to 4x; interest charged on funded amount
Yes
₹0 margin pledge/unpledge; ₹20 + GST per ISIN for MTF pledge/unpledge
₹0 margin unpledge; ₹20 + GST per ISIN for MTF unpledge
1x; 100% upfront delivery margin
Up to 5x
No
No
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹500 per order
₹250 per certificate
₹18.50 + GST per ISIN on delivery sell
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹50 per order
₹0
Kotak Securities demat account review: opening fee ₹0, AMC ₹600/year, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹600/year
₹100/year (BSDA)
Kotak Neo Trade Free Plan
₹10 per executed order
₹10 per executed order
₹10 per executed order
₹10 per executed order
₹0 for first 30 days; 0.20% thereafter under Trade Free
₹10 per executed order
₹0 for first 30 days; thereafter lower of ₹10 or 0.05% per executed order
₹10 per executed order
9.69% p.a. under Trade Free Pro MTF
Yes
₹20 + GST per ISIN
₹20 + GST per ISIN
1x; 100% upfront delivery margin
Up to 5x
No
Yes
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
Up to ₹49 per executed dealer-assisted order
₹3 per certificate + ₹50 courier
0.04% of value; min ₹27 + CDSL charges per ISIN
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹0 additional from 1 Apr 2025; brokerage applies
₹0
Motilal Oswal demat account review: opening fee ₹0, AMC ₹199/year after first year, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹199/year after first year
₹100/year (BSDA)
Regular online retail plan
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
0.20% per order
0.02% per order
₹0 (free lifetime)
₹20 per executed order
18.00% p.a.
Yes
₹35 per request
₹35 per request
1x; 100% upfront delivery margin
Up to 5x
No
Yes
No
No
Yes
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹0
₹100 per certificate + ₹50 courier
0.025% of value; min ₹30 per ISIN
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹50 per order
₹0
Mstock demat account review: opening fee ₹0, AMC ₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter
₹0/year
m.Stock ₹5/order + lifetime operating-charge option
No commodity segment
No commodity segment
₹5 per executed order
₹5 per executed order
₹0
₹5 per executed order
₹5 per executed order
₹5 per executed order
MTF from 6.99% p.a.; pledge shares interest 0.0274%/day
Yes
MTF pledge/closure ₹32 per PSN per day + GST; pledge shares creation ₹0, closure ₹32 per PSN/day + GST
MTF closure ₹32 per PSN per day + GST; pledge shares closure ₹32 per PSN/day + GST
1x; 100% upfront delivery margin
Up to 5x
No
Yes
No
Yes
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
No commodity segment
No commodity segment
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
No commodity segment
No commodity segment
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹0
₹0
₹18 + GST per debit transaction
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹100 per executed order + GST
₹0
SBI Securities demat account review: opening fee ₹850, AMC ₹750/year for individual demat (₹500/year for e-statement), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹850
₹750/year for individual demat (₹500/year for e-statement)
₹100/year (BSDA)
e-Broking retail plan
0.05% per order
₹50 per lot
0.03% per order
₹20 per lot
0.50% per order
0.05% per order
0.075% per order
₹50 per lot
18.00% p.a.
Yes
0.02% of value or min ₹25 per ISIN + CDSL/NSDL charges; margin pledge ₹21/ISIN
0.02% of value or min ₹25 per ISIN + CDSL/NSDL charges; margin pledge ₹21/ISIN
1x; 100% upfront delivery margin
Up to 5x
No
Yes
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
No phone-order charge published in official tariff PDF
₹35/request + ₹5/certificate
0.01% via POA/internet (min ₹21, max ₹300); 0.04% via branch DIS (min ₹30, max ₹50,000)
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹40 per order
₹0
Sharekhan demat account review: opening fee ₹0, AMC ₹400/year for non-BSDA clients; first year free, and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹400/year for non-BSDA clients; first year free
₹100/year (BSDA)
Regular online retail plan
0.10% one side
Higher of 1% of premium or ₹150, one side
0.02% of transaction value each side
₹5 per lot each side
0.30% per executed order
0.02% per order
0.02% per executed order
₹39 per lot per side
18% p.a.
Yes
₹20 margin pledge; ₹30 MTF pledge
₹20 margin pledge; ₹30 MTF pledge
1x; 100% upfront delivery margin
Up to 5x
No
Yes
No
No
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹0
₹5 per certificate; minimum ₹50 per request
₹0 for sell via Mirae Asset Sharekhan; off-market 0.03% or min ₹30
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹0 additional
₹0
Shoonya demat account review: opening fee ₹0, AMC ₹0 (Free for lifetime), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹0 (Free for lifetime)
₹0/year
Shoonya zero-brokerage online plan
₹5 or 0.03% per order, lower
₹5 per executed order
₹5 or 0.03% per order, lower
₹5 per executed order
₹0
₹0
₹0
₹0
No MTF facility published
No
₹20 per instruction
₹20 per instruction
1x; 100% upfront delivery margin
Up to 5x
No
No
Yes
Yes
Yes
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹0
₹9 + GST
₹9 + GST per ISIN
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹0
₹0
Zerodha demat account review: opening fee ₹0, AMC ₹300 + GST/year for non-BSDA resident accounts (₹75/quarter), and brokerage charges updated May 2026. Informational only—not investment advice.
- In stock
- -
₹0
₹300 + GST/year for non-BSDA resident accounts (₹75/quarter)
₹100/year (BSDA)
Regular Zerodha online plan
₹20 or 0.03% per executed order, lower
₹20 per executed order
₹20 or 0.03% per executed order, lower
₹20 per executed order
₹0
Lower of ₹20 or 0.03% per executed order
Lower of ₹20 or 0.03% per executed order
₹20 per executed order
14.60% p.a. (0.04%/day)
Yes
₹30 + GST per ISIN standard; ₹15 + GST per ISIN for MTF
₹30 + GST per ISIN standard; ₹15 + GST per ISIN for MTF
1x; 100% upfront delivery margin
Up to 5x
No
No
No
Yes
No
No
Nil
Nil
STT 0.10% on buy and sell
STT 0.05% on sell side
STT 0.025% on sell side
STT 0.15% on sell side premium; 0.15% on exercise intrinsic value
MCX 0.00210%; NCDEX 0.0058%
MCX 0.0418%; NCDEX 0.03%
NSE 0.00035% on turnover
NSE 0.0311% on premium
NSE 0.00307%; BSE 0.00375%
NSE 0.00183% on contract value
NSE 0.00307%; BSE 0.00375%
NSE 0.03553% on premium; BSE 0.0325% on premium
0.002% on buy side
0.003% on buy side premium
0.0001% on buy side
0.0001% on buy side
0.015% or ₹1,500/crore on buy side
0.002% or ₹200/crore on buy side
0.003% or ₹300/crore on buy side
0.003% or ₹300/crore on buy side
₹0
₹50 per order
₹150 per certificate
₹13 + GST per ISIN
18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges
₹0
₹10/crore or 0.0001% of turnover
₹50 per order
₹0
Written comparison guides
In-depth comparison articles with verified charge tables.
- Indmoney Vs Zerodha
- Upstox Vs Angel One
- Upstox Vs Dhan
- Groww Vs Upstox
- Groww Vs Indmoney
- Hdfc Sky Vs Zerodha
- M Stock Vs Groww
- Mstock Vs Zerodha
- 5Paisa Vs Upstox
Two-broker comparisons
Side-by-side articles with sheet-backed charge tables and a WooCommerce compare block at the top. Includes new high-traffic pairs added May 2026.
- Dhan Vs Shoonya
- Dhan Vs Zerodha
- Groww Vs Zerodha
- Shoonya Vs Groww
- Indmoney Vs Upstox
- Dhan Vs Groww
- Shoonya Vs M Stock
- Indmoney Vs Dhan
- Shoonya Vs Zerodha
- Indmoney Vs Shoonya
- Dhan Vs Mstock
- Indmoney Vs Fyers
- Dhan Vs Hdfc Sky
- Fyers Vs Groww
- 5Paisa Vs Indmoney
- Hdfc Sky Vs Upstox
- Dhan Vs Upstox
- 5Paisa Vs Dhan
- 5Paisa Vs Groww
Three-broker comparisons
Multi-broker guides for investors comparing three platforms at once.
- M Stock Vs Dhan Vs Shoonya
- Indmoney Vs Groww Vs Zerodha
- Indmoney Vs Hdfc Sky Vs Zerodha
- Dhan Vs Shoonya Vs Zerodha
- Shoonya Vs Groww Vs Zerodha
- Hdfc Sky Vs Groww Vs Zerodha
- Indmoney Vs Dhan Vs Shoonya
- Indmoney Vs Dhan Vs Groww
- M Stock Vs Dhan Vs Indmoney
- Dhan Vs Hdfc Sky Vs Groww
- Dhan Vs Groww Vs Fyers
- Dhan Vs Shoonya Vs Fyers
- 5Paisa Vs Zerodha Vs Shoonya
- 5Paisa Vs M Stock Vs Dhan
- Dhan Vs Shoonya Vs Groww
- Dhan Vs Groww Vs Zerodha
- M Stock Vs Indmoney Vs Groww
- Shoonya Vs Groww Vs Fyers
- Upstox Vs Indmoney Vs Hdfc Sky
- Indmoney Vs Dhan Vs Fyers
- Dhan Vs Zerodha Vs Fyers
- Upstox Vs Shoonya Vs Fyers
- M Stock Vs Zerodha Vs Fyers
- Hdfc Sky Vs M Stock Vs Indmoney
- M Stock Vs Dhan Vs Groww
- Upstox Vs Shoonya Vs Groww
- Shoonya Vs Hdfc Sky Vs Zerodha
- Upstox Vs Dhan Vs Fyers
- Shoonya Vs Hdfc Sky Vs Groww
- Upstox Vs Indmoney Vs Groww
- Zerodha Vs Indmoney Vs Upstox
- Upstox Vs Zerodha Vs Groww
- Upstox Vs Dhan Vs Shoonya
- Upstox Vs Dhan Vs Groww
- Upstox Vs Zerodha Vs Dhan
- Zerodha Vs Shoonya Vs Upstox
- Zerodha Vs M Stock Vs Indmoney
- Upstox Vs Shoonya Vs Zerodha
- Indmoney Vs Shoonya Vs Groww
- 5Paisa Vs M Stock Vs Shoonya
- Indmoney Vs Hdfc Sky Vs Groww
Sources checked
- SEBI — investor education & regulations
- NSE India — market reference
- Official broker pricing/charges pages — verify on each broker's site before opening an account
Risk warning: Investing and trading involve market risk. Brokerage charges and platform features change. This article is for information only, not investment advice.
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