Open a demat & trading account

Every button below goes through /go/<broker> on our own domain, which records the click and forwards you to the broker's application page. Choosing a broker from this list supports the site — it never costs you extra.

Zerodha

★ 4.8

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹300/yr · Best for Self-directed traders who want the lowest cost per order

Referral code applied automatically: BVP326

  • Kite web & mobile
  • Coin mutual funds
  • Varsity learning
  • Kite Connect API
  • Console reporting

Angel One

★ 4.6

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Investors who want research and tips along with low brokerage

Referral code applied automatically: SU57370BMN

  • Angel One app
  • SmartAPI
  • ARQ advisory engine
  • SpeedPro terminal
  • Research reports

Upstox

★ 4.5

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Chartists and algo traders wanting a low-cost API

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Upstox Pro web
  • Coins & MF
  • Option chain analytics
  • Open API

Kotak Neo

★ 4.4

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 (linked Kotak bank account fees may apply) · Best for Traders who want ready-made strategies with a banking relationship

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Neo app
  • StocksBasket
  • Neo Streak
  • Intelligent Trading Bot

5Paisa

★ 4.1

0.03% or ₹20 (whichever lower)

Discount broker · Account opening ₹99 · AMC ₹400/yr after the first year · Best for High-value intraday traders

Referral code applied automatically: YOUR_REFERRAL_CODE

  • 5paisa app
  • AlgoBulls
  • Small case
  • Research reports

ICICI Direct

★ 4.2

0.55% equity

Full-service broker · Account opening ₹975 · AMC ₹700/yr · Best for Investors who want advisory and execution under one roof

Referral code applied automatically: YOUR_REFERRAL_CODE

  • 3-in-1 account
  • Research reports
  • Portfolio advisory
  • InstaTrade API

Groww

★ 4.7

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for First-time investors who want one simple app

  • Groww mobile app
  • Groww desktop web
  • Mutual funds & US stocks
  • Options dashboard

Dhan

★ 4.6

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Options traders who want built-in strategy tools

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Dhan web & mobile
  • Free trading API
  • Options strategy builder
  • SmartOrder routing

Fyers

★ 4.5

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Chart-heavy intraday traders

Referral code applied automatically: cj1P/8db7wmry

  • Fyers Web platform
  • Depth & heatmaps
  • Options analytics
  • Trading APIs

mStock

★ 4.2

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 first year, then ₹300/yr · Best for Mirae ecosystem users who want research with discount pricing

Referral code applied automatically: YOUR_REFERRAL_CODE

  • mStock app
  • Mirae research access
  • MF & equity in one login

Paytm Money

★ 4.4

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Paytm users consolidating investments in one app

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Paytm app integration
  • Stocks & MF in one portfolio
  • Options chain

INDmoney

★ 4.3

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Investors with both Indian and US portfolios

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Global portfolio tracker
  • US stocks & ETFs
  • Tax reports

Alice Blue

★ 4.1

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for API traders on a budget

Referral code applied automatically: YOUR_REFERRAL_CODE

  • ANT platform
  • Free API
  • Options strategy lab

ProStocks

★ 4

₹20 per order or ₹300/day unlimited

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Very high-frequency intraday traders

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Unlimited intraday plan
  • Web & mobile terminals

Tradejini

★ 4

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Cost-focused traders outside metro brokers

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Zerodha-style flat pricing
  • Ninja web terminal

SAMCO

★ 3.9

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Options beginners who want guided products

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Options advisory
  • SAMCO app
  • Square-off tools

Trade Smart Online

★ 3.9

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 · Best for Traders who compare leverage limits

Referral code applied automatically: YOUR_REFERRAL_CODE

  • TSO web terminal
  • Mobile app
  • Exposure leverage tables

Bajaj Broking

★ 4.2

₹20 / Intraday & F&O order

Discount broker · Account opening Free (₹0) · AMC ₹0 first year, then ₹400/yr · Best for Bajaj ecosystem customers wanting familiar brand

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Bajaj Broking app
  • Bajaj Finserv ecosystem
  • Research notes

Motilal Oswal

★ 3.8

0.50% delivery / 0.05% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹500/yr · Best for Investors who act on published research

Referral code applied automatically: YOUR_REFERRAL_CODE

  • In-house research desk
  • MO investors club
  • Portfolio advisory

HDFC Securities

★ 3.8

0.50% delivery / 0.05% intraday

Full-service broker · Account opening ₹999 · AMC ₹750/yr · Best for HDFC Bank customers wanting branch support

Referral code applied automatically: YOUR_REFERRAL_CODE

  • 3-in-1 with HDFC Bank
  • Research & advisory
  • Branch network

Sharekhan

★ 3.7

0.50% delivery / 0.10% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹575/yr · Best for Investors who want branch office nearby

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Large branch network
  • Advisory services
  • TradeTiger terminal

Axis Securities

★ 3.8

0.50% delivery / 0.05% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹500/yr · Best for Axis Bank customers consolidating banking and broking

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Axis Bank 3-in-1
  • Research notes
  • Axis Mobile app

IIFL Securities

★ 3.7

0.50% delivery / 0.05% intraday

Full-service broker · Account opening ₹550 · AMC ₹625/yr · Best for Tier-2 investors who want local advisory

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Branch advisory
  • Research reports
  • IIFL Markets app

Geojit

★ 3.6

0.50% delivery / 0.05% intraday

Full-service broker · Account opening ₹500 · AMC ₹500/yr · Best for South India investors wanting local service

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Kerala & south India branch strength
  • Research desk
  • Geojit app

Anand Rathi

★ 3.6

0.50% delivery / 0.05% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹600/yr · Best for HNI investors who want dedicated manager

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Dedicated relationship manager
  • Wealth products
  • Research calls

Edelweiss Broking

★ 3.6

0.50% delivery / 0.05% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹500/yr · Best for Customers already using Edelweiss group products

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Group wealth ecosystem
  • Research notes
  • Mobile app

Yes Securities

★ 3.6

0.50% delivery / 0.05% intraday

Full-service broker · Account opening ₹500 · AMC ₹500/yr · Best for Yes Bank customers

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Yes Bank integration
  • Research desk
  • Mobile app

Indiabulls Securities

★ 3.5

0.50% delivery / 0.05% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹450/yr · Best for Legacy customers continuing existing relationship

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Legacy branch network
  • Research notes

Arihant Capital

★ 3.4

0.50% delivery / 0.05% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹400/yr · Best for Investors in its branch towns who want local help

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Branch advisory
  • Sub-broker network

Monarch Networth

★ 3.5

0.50% delivery / 0.05% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹400/yr · Best for West India investors wanting regional service

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Gujarat & west India strength
  • Research desk

Aditya Birla Money

★ 3.5

0.50% delivery / 0.05% intraday

Full-service broker · Account opening Free (₹0) · AMC ₹450/yr · Best for Group customers consolidating financial products

Referral code applied automatically: YOUR_REFERRAL_CODE

  • Group financial ecosystem
  • Research notes

Account opening, step by step

  1. 1

    Pick a broker

    Discount brokers are cheapest for delivery and SIP-like investing; full-service brokers add tips, relationship managers and margin products.

  2. 2

    Keep documents ready

    PAN, Aadhaar-linked mobile, bank account or cancelled cheque, signature and a photo. e-KYC with Aadhaar OTP is instant; physical verification takes a day or two.

  3. 3

    Complete the form

    Enter personal, income and nominee details. Income proof matters only if you want F&O or margin.

  4. 4

    Link UPI and bank

    Required for IPO applications via UPI and for payouts. Most brokers approve accounts the same day.

  5. 5

    Start small

    Fund a modest amount, place one delivery order, and check the charges against our brokerage calculator before scaling up.