Best Intraday Brokers in India - Find Top 10 Intraday Trading Brokers (2024)

Before finalizing & coming into conclusion of who are the top 10 intraday trading brokers in India, we must understand what makes them to rank under this category & why.

We have listed down 5 most important factors which can determine the existence of Day trading brokers in India.

Best Intraday Brokers in India - Find Top 10 Intraday Trading Brokers (1)

These 5 factors are a product of years of research into intraday form of stock investment.

Every day trader or intraday trader must look these parameters before opening a demat account for intraday trading.

5 Factors which determines best Intraday trading brokers:

  • Intraday Brokerage Charges
  • Intraday Tips, Tricks & Formulae
  • Exposure in Intraday Trading
  • Apps or Trading Platforms
  • Intraday Strategies, Techniques & Rules

Based on these 5 factors, we have made the most prolific list here, check this out.

Start Intraday Trading Now! – Open a Trading Account

    Top 10 Intraday Trading Brokers in India – List of Best Day Trading Brokers

    RankCompanyRating
    1Angel Broking Intraday Trading9.39
    2IIFL Intraday Trading9.14
    3Zerodha Intraday Trading8.95
    4Upstox Intraday Trading8.90
    5ICICI Direct Intraday Trading8.80
    6Sharekhan Intraday Trading8.79
    7Motilal Oswal Intraday Trading8.78
    8HDFC Securities Intraday Trading8.77
    9Edelweiss Intraday Trading8.73
    10Kotak Securities Intraday Trading8.72

    Let’s look into all the factors individually one by one & how each broking house rank for each one of them.

    Best Intraday Brokers with affordable Intraday Charges

    The most important factor in the ranking of Top 10 Intraday Trading brokers is their brokerage charges.

    Intraday trading is a high-volume game, hence, all intraday traders generally looks for companies with low brokerage charges, so that their earnings are not compromised by heavy brokerage.

    Here is the list of Top 10 Day trading brokers with best brokerage schemes.

    RankCompanyCharges Rating
    1Edelweiss Intraday Brokerage9.85
    2Zerodha Intraday Brokerage9.80
    3Upstox Intraday Brokerage9.80
    4Angel Broking Intraday Brokerage9.75
    5Kotak Securities Intraday Brokerage9.20
    6IIFL Intraday Brokerage8.50
    7Sharekhan Intraday Brokerage8.45
    8Motilal Oswal Intraday Brokerage8.30
    9ICICI Direct Intraday Brokerage8.20
    10HDFC Securities Intraday Brokerage8.15

    Top 10 Intraday Brokers with Best Tips, Tricks & Formulae

    Intraday trading tips are mainly which stock to buy or sell on a particular day in the share market.

    Intraday traders or day traders are always looking for daily trading tips from various sources in the industry.

    It could be trading tips or trading advisory companies or could be stock broking companies.

    Since, this trading community is highly engaged in the stock market, they follow market news or company news very closely to their day trading purposes.

    Lets have a look into top 10 intraday trading brokers with high rating on Intraday trading tips.

    RankCompanyTips Rating
    1Motilal Oswal Intraday Tips9.60
    2IIFL Intraday Tips9.50
    3Kotak Securities Intraday Tips9.40
    4Sharekhan Intraday Tips9.30
    5HDFC Securities Intraday Tips9.30
    6Angel Broking Intraday Tips9.20
    7ICICI Direct Intraday Tips9.20
    8Edelweiss Intraday Tips9.00
    9Zerodha Intraday Tips8.30
    10Upstox Intraday Tips8.20

    Best Intraday Trading Brokers in India with High Exposure

    Exposure or Leverage in trading terms is known as extra margin money that can be utilized by any day trader to trade in the market over & above the margin money that a stock trader possesses.

    It is similar to loan given to day traders against their margin money or against the shares they hold. This is also know as “leverage” in trading terms.

    This exposure ranges from 3x to 40x of the margin money the trader holds in his/her account. the exposure is given based on multiple factors like volume of holdings, type of script etc.

    Different brokers have different risk management functionality to provide exposure to their traders.

    Let’s see top 10 intraday trading brokers who provides highest exposure to their clients.

    RankCompanyExposure Rating
    1Angel Broking Intraday Exposure9.60
    2IIFL Intraday Exposure9.20
    3Zerodha Intraday Exposure8.80
    4Upstox Intraday Exposure8.70
    5Sharekhan Intraday Exposure8.60
    6Motilal Oswal Intraday Exposure8.50
    7Kotak Securities Intraday Exposure8.50
    8HDFC Securities Intraday Exposure8.50
    9ICICI Direct Intraday Exposure8.50
    10Edelweiss Intraday Exposure8.30

    Best Intraday Trading Brokers with top shot Apps & Platforms

    Any type of trader be it Intraday trader or delivery investor, everyone looks for a trading platform which is always up & running, fast, provides all type of analytics charts and overall all types of features any type of investor will require.

    Any Intraday trader must look for a very high performance trading platform which always works without fail & able to trade at any given circ*mstances.

    Here are the list of top 10 intraday trading brokers with best in-house trading platforms along with best trading features.

    RankCompanyPlatforms Rating
    1Angel Broking Trading App9.60
    2Zerodha Trading App9.55
    3Upstox Trading App9.50
    4IIFL Trading App9.30
    5ICICI Direct Trading App8.80
    6Motilal Oswal Trading App8.60
    7Sharekhan Trading App8.50
    8HDFC Securities Trading App8.40
    9Edelweiss Trading App8.20
    10Kotak Securities Trading App8.00

    Top Intraday Brokers with best Strategies & Tools

    These are the list of top 10 intraday brokers who provides very good content, conducts seminars & provides training’s on Intraday trading Strategies or Day trading techniques.

    These brokers are relatively the large brokers who spends a good amount of money into Intraday trading education which in a way helps them generate more revenues.

    RankCompanyStrategies Rating
    1HDFC Securities Intraday Strategies9.50
    2ICICI Direct Intraday Strategies9.30
    3IIFL Intraday Strategies9.20
    4Sharekhan Intraday Strategies9.10
    5Motilal Oswal Intraday Strategies8.90
    6Angel Broking Intraday Strategies8.80
    7Kotak Securities Intraday Strategies8.50
    8Zerodha Intraday Strategies8.30
    9Upstox Intraday Strategies8.30
    10Edelweiss Intraday Strategies8.30

    Final Conclusion – Best Intraday Brokers in India

    So, before finalizing an Intraday trading broker, a trader must look into all the 5 parameters very closely & then decide to open a demat account.

    Best Intraday Brokers in India - Find Top 10 Intraday Trading Brokers (2)All of these top day trading brokers ave their own uniqueness & USP.

    Every trader has their own preference, they should look for a broker which matches their preference & then go for that particular broker.

    It is also advised to open multiple demat accounts and do a test & trial with different types of broker before going full fledged into Intraday trading.

    Happy Investing!!!

    Top 10 Intraday Trading Brokers in India FAQs

    Ques – Why is Zerodha best for intraday trading?

    Answer – Zerodha, is best for intraday trading because it delivers high-performance platform which always walks at a speedy rate and is able to trade at any given circ*mstances.

    Ques – Which broker gives intraday tips, Tricks & Formula?

    Answer – Motilal Oswal provides the best tips, tricks and formulas to all its customers. They follow company news pretty closely and advises customers with the same.

    Ques – Shall I open Demat account with ICICI Direct for intraday trading?

    Answer – You could definitely open a Demat account with ICICI direct for intra day trading. The reason being, it has really feasible intraday brokerage fees, it provides excellent tips and formulas, it has a pretty solid trading platform and it gives a good exposure in intraday trading.

    Ques – Which broker has lower intraday brokerage charges?

    Answer – Edelweiss has seemingly low brokerage charge. Intraday trading, otherwise is a pretty high volume game and every trader looks for companies with no brokerage fees so that all the learnings don’t get compromised by hefty brokerage charges.

    Ques – Which broking company is best for intraday trading?

    Answer – Angel broking is the best company as far as intraday trading is concerned. It demands extremely less brokerage fee, gives tremendous tips, tricks and ideas and promises enough profit through out.

    Ques – Which broking house is good for beginners to learn intraday trading?

    Answer – Angel Broking and Zerodha are pretty sprightly as far as intraday trading for beginners are concerned. They both are your best bet in terms of getting started with intraday Trading.

    Ques – Why Angel Broking is good for intraday trading?

    Answer – Any type of trader will always look for a platform that is fast, provides an identical charge of all kinds and has a high performing platform for trading. It is to say, Angel broking fulfils every need of an investor.

    Ques – Which broking house has the fastest intraday trading app?

    Answer – Angel broking house has the fastest intraday trading app and provides a platora of tips, tricks and formulas for customers through the market, with tactful investment and a guarantee of high soaring profit.

    Ques – Is Sharekhan good for intraday trading?

    Answer – ShareKhan is one of the best companies as far as intraday trading is concerned. Hit the lights training in intraday trading strategies as it charges really feasible brokerage fee.

    Ques – What makes Upstox good for intraday trading?

    Answer – The margin of Uptocks ranges from 3x to 40x, ascertaining to its tremendous hold in the market. With high exposure and a plethora of factors, ranging from market reputation and financial advices, Upstox stands a solid ground.

    Start Intraday Trading Now! – Open a Trading Account

      Best Intraday Brokers in India - Find Top 10 Intraday Trading Brokers (2024)

      FAQs

      Best Intraday Brokers in India - Find Top 10 Intraday Trading Brokers? ›

      This is where Shyam Advisory® team of seasoned and expert investors comes in to help the intraday trader of every type and risk appetite. A few key points that separate our tips from the rest and make us the service with the best intraday tips are discussed ahead.

      Who gives best intraday tips provider in India? ›

      This is where Shyam Advisory® team of seasoned and expert investors comes in to help the intraday trader of every type and risk appetite. A few key points that separate our tips from the rest and make us the service with the best intraday tips are discussed ahead.

      Which company is best for intraday trading? ›

      Best Intraday Stocks for Intraday Trading
      • Tata Motors Ltd. Automobile.
      • State Bank of India. Banks.
      • Cipla Ltd. Pharmaceuticals.
      • Axis Bank Ltd. Banks.
      • JSW Steel Ltd. Steel.
      • Adani Green Energy Ltd. Power Generation & Distribution.
      • Wipro Ltd. IT - Software.
      • Oil and Natural Gas Corporation Ltd. Crude Oil & Natural Gas.

      How to find best stocks for intraday trading India? ›

      8 rules for selecting stocks for Intraday Trading
      1. Choose liquid stocks. ...
      2. Avoid volatile stocks. ...
      3. Invest in correlated stocks. ...
      4. Follow market trends. ...
      5. Use charting tools. ...
      6. Look for transparent companies. ...
      7. Choose stocks with a presence in the derivatives segment. ...
      8. Trade news-sensitive stocks.

      Who is India's number one intraday trader? ›

      Top 10 Traders in India
      RankTrader Name
      1Premji and Associates
      2Radhakrishnan Damani
      3Rakesh Jhunjhunwala
      4Raamdeo Agrawal
      6 more rows
      Jan 19, 2024

      Who is the king of intraday? ›

      Rakesh Jhunjhunwala

      Over the years, he has made several successful investments and is known for his expertise in picking stocks.

      Who gives highest intraday margin? ›

      High Margin Stock Broker In India
      • Alice Blue. High Margin Broker & also Recommended for Algo Trading.
      • Edelweiss. High Margin Broker With Lowest Brokerage.
      • Astha Trade. High Margin Broker In Option Selling & Crude.
      • Stoxkart. Option Selling at Rs. ...
      • Upstox. High Margin Available in Priority Plan.
      • Angel Broking.

      Which broker is fastest execution in India? ›

      Which is the fastest trading platform in India? Zerodha Kite and Upstox Pro are the two super-fast and feature-rich online trading platforms in India. Both the trading platforms are free to use and available in mobile app and browser-accessible web platform.

      Which broker gives best tips? ›

      Motilal Oswal is the best broker to offer intraday trading tips & recommendations. It has a dedicated advisory and researchers team who closely monitor the company's event or news, and gives timely intraday trading tips to customers.

      What are the 5 intraday strategy? ›

      There are several strategies for intraday trading; a few of the best ones are - Momentum trading strategy, Breakout trading strategy, Moving average crossover strategy, Gap and Go trading strategy, and the "risky" Reversal trading strategy. What is a reversal trading strategy?

      What is the secret of intraday trading? ›

      The first secret to successful intraday trading is to plan your trades carefully. Before you enter a trade, you should have a clear idea of your entry and exit points, stop loss levels, and the amount of risk you are willing to take on each trade. Develop a trading plan that suits your trading style and stick to it.

      What is the golden strategy for intraday trading? ›

      Reversal trading involves taking advantage of bullish or bearish reversals in the price of a stock. This is a golden strategy for intraday trading if the prevailing market trend reverses.

      What is the best time to buy intraday stocks in India? ›

      The Best Time Frame for Intraday Traders

      The ideal time for intraday trading, according to stock market analysts, is between 10.15 a.m. and 2.30 p.m. This is because by 10.00 a.m. to 10.15 a.m., morning stock volatility has subsided. As a result, it is the ideal opportunity to place an intraday transaction.

      Which stock will boom in 2024? ›

      Best Stocks to Invest in India 2024
      S.No.CompanyIndustry/Sector
      1.Tata Consultancy Services LtdIT - Software
      2.Infosys LtdIT - Software
      3.Hindustan Unilever LtdFMCG
      4.Reliance Industries LtdRefineries
      1 more row
      6 days ago

      How do I find intraday stocks one day before? ›

      For doing this, you can use technical indicators like candlestick patterns, support and resistance levels, trendlines, patterns like flags, wedges, triangles and technical indicators like moving averages, Bollinger Bands, RSI etc.

      Which stock broker gives best tips in India? ›

      Motilal Oswal is the best broker to offer intraday trading tips & recommendations. It has a dedicated advisory and researchers team who closely monitor the company's event or news, and gives timely intraday trading tips to customers.

      Which is the best option selling tips provider in India? ›

      OptionsMaster stands out as one of the Best Intraday Option Trading Tips providers in India. With a team of seasoned analysts and cutting-edge algorithms, OptionsMaster delivers actionable tips that cater to traders of all experience levels.

      Which is the best trading tips provider? ›

      ABJ FINSTOCKS provides all kind of Advisory Services that also includes Share Market Investment Tips and Share Market Trading Tips. We are share market tips provider in India. We make sure that you earn high profits through our different Packages and diversification approach within those packages.

      Does Zerodha provide trading tips? ›

      Does Zerodha provide tips and advice? Zerodha does not provide tips, money management services, or advisory services. If any unsolicited advisory or stock tip via SMS, call or email was received from someone claiming to be from Zerodha, report the same by creating a ticket with the details.

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