Zerodha

Zerodha has made its mark by pioneering as the first discount broker in India. It is the fastest growing discount brokers with a daily trading turnover of Rs. 10,000 crore and continues to attain greater heights with time. Thanks to technology, Zerodha is able to allow the traders and investors to instantaneously open a demat account using their Aadhaar card. While the demat account opening charges is Rs. 100, the demat account AMC is Rs 300 annually.

They offer a flat brokerage of 0.01% or Rs. 20 per intraday equity trading transaction, whichever is lower. This is a groundbreaking deal for all newcomers and small investors as it allows them to trade safe using smaller amounts. They do not charge any brokerage for equity delivery transactions both on NSE and BSE.

 Upstox

Supported by world-class investors, Upstox is the largest low-cost brokerage firms in India. Several customers across the country know it as RKSV. The best part about Upstox is that it charges no brokerage for stock investments. For intraday, commodities, and currencies, Upstox charges a flat brokerage of 0.01% or Rs 20 per trade order.

The demat account charges are very reasonable. They charge Rs 150 for opening a demat account for NSE, BSE, and MCX, and an AMC of Rs 150 only for demat accounts and not for trading accounts. Once the demat account is opened, the trading account is also opened automatically based on the trading segment selected. In order to process the physical forms, an additional sum of Rs 100 is charged.

 ICICI Direct

ICICI Direct is the stock broking firm of the most renowned name in the banking sector,  ICICI bank. They offer a wide variety of financial services apart from stock trading. The biggest advantage of opting for ICICI Direct as your online broker is it offers 3-in-1 account opening facility. Customers need not open separate demat account, trading account, and fund management account. The 3-in-1 account manages all, reducing the hassle of managing funds between trading account and bank account.

The firm’s brokerage charges are Rs. 25 or 0.04% all inclusive (also includes DP charges). ICICI Direct does not charge anything for demat account opening and AMC. And while the trading account opening charges is zero, they charge Rs. 700 for trading account AMC. This is very reasonable for small investors and beginners.

 Motilal Oswal

Motilal Oswal is standing strong for over 3 decades now and has a strong client base of more than 9 lakh customers. The firm has won several accolades like 4-time winner of Best Performing Equity Broker by UTI-CNBC TV 18 National Financial Advisory Awards.

The best part of this firm is that they charge zero demat account opening charges and free brokerage for first month of trading. The demat account AMC is Rs. 441. They charge a varied brokerage charges as mentioned below:

• 0.03% to 0.015% for equity intraday trading

• 0.25% to 0.18% for equity delivery trading

 Sharekhan

Sharekhan is a popular broking firm having an international presence in countries like UAE and Oman. They offer a unique scheme wherein the demat account opening charges are included in the trading account opening charges. The trading account opening charges are Rs. 750 for classic account, and Rs 1000 for Trade Tiger account. So, two accounts are opened at the cost of one; benefitting the small investors and beginners.

The demat account AMC is Rs 400 and free for the first year along with trading account. In addition, following are other brokerage charges one must take note of:

• 0.1% for equity intraday buying and selling

• 0.5% or 10 paisa per share or Rs. 16 per scrip for equity delivery trading

 India Infoline (IIFL)

Known for their flawless and speedy execution, IIFL allows its customers to trade in cash, F&O, mutual fund, IPOs, currency and commodity. IIFL is a trusted brand offering a variety of brokerage schemes that generally depends on the brokers. For instance, some brokers may charge low brokerage to clients who are active high volume traders.

Investors can acquire real-time information about the market. Moreover, they need not pay any demat account opening charges and first year AMC, which is a profitable deal for the small investors and beginners. Given below are the brokerage firm charges for other trading options.

• 0.5% for equity delivery

• 0.05% for equity intraday and futures trade

• 1% of premium for equity options or Rs. 100 per lot

 5Paisa

5Paisa is financed by India Infoline (IIFL). It offers a variety of services at very low cost that investors can avail online, such as online trading, mutual funds investment, or even purchasing insurance policy. Although there is no demat account opening charges, 5Paisa charges Rs. 400 for demat account AMC and Rs. 650 for trading account opening. They also charge Rs 10 per equity intraday trading order and equity delivery trading order.

 Angel Broking

Angel Broking has been helping all of its investors and traders since 1987. They offer excellent fundamental and technical research guidance which continues to help newcomers as well as experienced traders and investors. They charge a fixed monthly brokerage as follows:

• 0.13% to 0.40% for equity delivery

• 0.0128% to 0.04% for equity intraday and futures

• Rs. 32 to Rs. 50 for equity options per lot

• 0.128% to 0.4% for commodity

They do not charge anything for demat account opening but charge Rs. 450 for demat account AMC.

 Kotak Securities

Kotak Securities offer 3-in-1 account which comprises of bank account, demat account and trading account. This facility allows investors to have a smooth trading experience. Kotak securities, is both an NSE and BSE member. They do not charge any demat account opening charges and trading AMC. However, they charge Rs. 750 for trading account opening charges. For demat account AMC it is Rs. 50 for AMC and Rs. 75 for NRIs.