Commission-free stock trading India (Free equity delivery brokers) (2024)

FAQs

Which broker has zero commission in India? ›

Brokers like Zerodha, Upstox, Fyers, ProStocks and Indiabulls offer brokerage free investment in the India stock market. The customer doesn't pay any commission while trading in the equity delivery segment. Note that the customer requires 100% margin money for trading in this segment.

Commission-free trading is a transaction type that allows you to buy and sell stocks, options, and exchange-traded funds (ETFs) without having to pay commissions to your broker. Depending on your brokerage, commissions might make up only a part of overall trading fees.

Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed order.

Safety. Freetrade is regulated by the UK's FCA, providing up to £85,000 of investor protection. On the negative side, it is not listed on a stock exchange and doesn't hold a banking license.

Examples of brokers with Lowest brokerage charges in India include Zerodha, Angel One & Kotak Securities . These platforms often appeal to traders and investors seeking cost-effective options with transparent fee structures, providing a variety of financial instruments at competitive rates.

The lowest brokerage charge is 0.01%. On the other hand, in the case of flat fee brokerage, the brokers charge a flat fee on each trade, ranging between Rs 10- Rs 100 for each trade.

How to trade without brokerage in India? ›

Zerodha, Upstox, and ICICI Direct secure top positions in the list of stock brokers in India with the highest active clients, a testament to their popularity and credibility.

Paytm Money stands as one of the largest online trading apps, boasting almost 14 million users. The platform allows investment in various segments, including equity, mutual funds, and financial instruments such as the National Pension System (NPS).

"Inri's user-friendly platform, diverse fund options, and exceptional support make it the top choice for NRIs. Their seamless SIP options can be easily setup and it makes regular investing effortless."

Account opening = Rs 0 Annual maintenance charge (AMC) = Rs 0 Brokerage = Rs 20 or 0.05% per order (whichever is lower) Regulatory & statutory charges, penalties, and GST is extra and depends on the type of order. You can use the brokerage calculator to get an estimate of all the charges involved.

Offering a zero brokerage account to traders and investors can actually lead to a drastic increase in the overall business volumes and, in turn, commission received by stock brokers. They also earn by facilitating trading in other assets such as bonds, mutual funds, sovereign gold bonds etc.

Which is the safest broker in India? A. Safety in brokerage is often associated with factors like reliability, regulations, and customer trust. Brokers like ICICI Direct, HDFC Securities, and Kotak Securities have been known for their reliability and strong regulatory compliance.