Stock Broker Reviews India
Compare India's top stock brokers
How we rate brokers
Every star rating on this site is our own editorial score, computed the same way for every broker: 40% cost (brokerage plus the hidden charges most people discover later), 20% how plainly the broker publishes those charges, 20% support and platform quality, and 20% how our own test account opening went. Each review answers the same five questions — account opening charges, AMC, equity delivery, intraday & F&O, and hidden charges — so brokers can be compared point by point instead of through prose.
Charges shown are each broker's published headline plan as last reviewed by our team. Brokers revise tariffs without notice — confirm the current schedule on the broker's own site before opening an account.
ICICI Direct
0.55% equity
Full Service Broker
Account Opening: ₹975
Demat AMC: ₹700/yr
Delivery: 0.55%
Intraday: 0.055%
Motilal Oswal
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹500/yr
Delivery: 0.50%
Intraday: 0.05%
HDFC Securities
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: ₹999
Demat AMC: ₹750/yr
Delivery: 0.50%
Intraday: 0.05%
Sharekhan
0.50% delivery / 0.10% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹575/yr
Delivery: 0.50%
Intraday: 0.10%
Axis Securities
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹500/yr
Delivery: 0.50%
Intraday: 0.05%
IIFL Securities
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: ₹550
Demat AMC: ₹625/yr
Delivery: 0.50%
Intraday: 0.05%
Geojit
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: ₹500
Demat AMC: ₹500/yr
Delivery: 0.50%
Intraday: 0.05%
Anand Rathi
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹600/yr
Delivery: 0.50%
Intraday: 0.05%
Edelweiss Broking
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹500/yr
Delivery: 0.50%
Intraday: 0.05%
Yes Securities
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: ₹500
Demat AMC: ₹500/yr
Delivery: 0.50%
Intraday: 0.05%
Indiabulls Securities
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹450/yr
Delivery: 0.50%
Intraday: 0.05%
Arihant Capital
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹400/yr
Delivery: 0.50%
Intraday: 0.05%
Monarch Networth
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹400/yr
Delivery: 0.50%
Intraday: 0.05%
Aditya Birla Money
0.50% delivery / 0.05% intraday
Full Service Broker
Account Opening: Free (₹0)
Demat AMC: ₹450/yr
Delivery: 0.50%
Intraday: 0.05%
Data Sources & Verification:
All brokerage charges, AMC, account opening fees and DP charges are verified from each broker's official pricing page (zerodha.com/charges, angelone.in, upstox.com etc.) as on 20 Oct 2026. SEBI Registration Numbers verified from the NSE/BSE member list and SEBI website. Investor complaints data is public data compiled from SEBI SCORES (scores.sebi.gov.in) and the NSE investor complaints portal. Broker ratings are our own editorial scores computed uniformly. For the latest tariff, please confirm on the broker's official website before opening an account.
Last Verified: 20 Oct 2026 | Source: Official broker websites, NSE/BSE, SEBI SCORES, CDSL tariff.