All comparisons
Open Zerodha account Open Groww account Open Upstox account Open Angel One account Open Dhan account Open ICICI Direct account
Best Stock Brokers in India 2026
Six top Indian brokers compared side-by-side on fees, features, and platform quality. Fees as of May 2026.
Quick Picks — Find Your Broker Fast
Best for beginners
Groww
Zero AMC, simple UX, built-in mutual funds
Best for serious investors
Zerodha
Kite platform, best order types, ₹0 delivery
Best for F&O traders
Dhan
Options strategy builder, TradingView, zero AMC
Best for algo trading
Upstox
Free API access, 1,000+ API calls/min
Best for research
Angel One
SmartAPI + detailed equity research reports
Best for bank integration
ICICI Direct
3-in-1 account — savings, demat, trading in one login
Fee Comparison
| Broker | Type | Opening | AMC / yr | Equity Delivery | Intraday | F&O / order | |
|---|---|---|---|---|---|---|---|
| Zerodha | discount | Free | ₹300/yr | ₹0 | ₹20/order (flat) | ₹20/order (flat) | Open |
| Groww | discount | Free | Free | ₹20/order or 0.1% (whichever lower) | ₹20/order or 0.05% | ₹20/order | Open |
| Upstox | discount | Free | ₹150/yr | ₹20/order or 2.5% | ₹20/order | ₹20/order | Open |
| Angel One | discount | Free | ₹240/yr (after Y1) | ₹0 | ₹20/order | ₹20/order | Open |
| Dhan | discount | Free | Free | ₹0 (up to ₹1 Cr) | ₹20/order | ₹20/order | Open |
| ICICI Direct | full-service | ₹975 | ₹700/yr | 0.275% – 0.55% | 0.275% | ₹35 or 0.05% per lot | Open |
Feature Comparison Matrix
| Feature | Zerodha | Groww | Upstox | Angel One | Dhan | ICICI Direct |
|---|---|---|---|---|---|---|
| Free account opening | ||||||
| Zero AMC | ||||||
| ₹0 equity delivery brokerage | ||||||
| Free API access | ||||||
| Options strategy builder | ||||||
| TradingView integration | ||||||
| In-app mutual funds (direct) | ||||||
| 3-in-1 account | ||||||
| Equity research reports | ||||||
| IPO apply (ASBA/UPI) |
Detailed Broker Profiles
Zerodha
discount brokerOpening: Free
AMC: ₹300/yr
★ Best for: Serious retail investors & algo traders
- Kite platform (best-in-class)
- Console reporting
- Varsity education
- ₹500/mo API access
Delivery
₹0
Intraday
₹20/order (flat)
F&O
₹20/order (flat)
Groww
discount brokerOpening: Free
AMC: Free
★ Best for: Beginners and mobile-only users
- Mobile-first UX
- Direct mutual funds
- IPO apply via UPI
- No AMC
Delivery
₹20/order or 0.1% (whichever lower)
Intraday
₹20/order or 0.05%
F&O
₹20/order
Upstox
discount brokerOpening: Free
AMC: ₹150/yr
★ Best for: Free API + intraday traders
- API access (free)
- Upstox Pro platform
- Margin trading facility
- Backed by Ratan Tata
Delivery
₹20/order or 2.5%
Intraday
₹20/order
F&O
₹20/order
Angel One
discount brokerOpening: Free
AMC: ₹240/yr (after Y1)
★ Best for: Investors who want research reports
- SmartAPI (free)
- Angel iTrade Prime
- Advisory reports
- Research desk
Delivery
₹0
Intraday
₹20/order
F&O
₹20/order
Dhan
discount brokerOpening: Free
AMC: Free
★ Best for: Options & F&O traders
- Zero AMC
- TradingView integrated
- Options strategy builder
- Super-trader platform
Delivery
₹0 (up to ₹1 Cr)
Intraday
₹20/order
F&O
₹20/order
ICICI Direct
full-service brokerOpening: ₹975
AMC: ₹700/yr
★ Best for: ICICI banking customers
- 3-in-1 account
- Research reports
- Branch support
- Full margin funding
Delivery
0.275% – 0.55%
Intraday
0.275%
F&O
₹35 or 0.05% per lot
Disclosure:IPOpulse may earn affiliate commission if you open an account via links above — at no extra cost to you. All fees are as published by brokers as of May 2026 and subject to change. Verify current fees on the broker's website before opening. All listed brokers are SEBI-registered stock brokers.