If you are thinking to start your trading and investing journey than you should checkout these 8 Best Broker For Trading In India In 2025.
Yes, choosing the right broker for trading is one of the important steps to be taken, however many people make huge mistakes before finding the right one.
This happens due to the lack of information as well as about the wrong information available on internet, because of this one may choose the worst broker for trading rather then the best one and loose his/her hard earned money.
As there are more than 300+ stock brokers available on playstore today in India, in other words similar number of stockbrokers as per the latest available NSE Data, it is quite a possibility to be selecting the wrong one.
Even the stockbroking companies sometime makes wrong promises and even have hidden charges associated, hence it becomes very important for you to only choose the best ones.
Keep in mind that, If you want your trading and investing journey to smooth and hassle free than do choose from the below list of stockbroker’s as this comparison is only been done after experience the service instead of just plain information.
But before we I tell you the list of Best Broker For Trading In India I would like to tell you what exactly you should look before choose any stockbroker.
One important aspect to keep in perspective before choosing a stockbroker is not just the mobile trading app but the desktop, downloadable as well as web version should also have great technical and fundamental analysis tools and resources, it should be user friendly, intuitive with ease of placing orders.
Moreover never ever consider just one USP while you choose any stockbroker i.e. to say a best broker is one who has all the services for users such as lower brokerage and other charges, segments (Equity, FnO, Commodity, currency) in which a client trade, Investing opportunities other then stock market such as SIP’s in mutual fund, IPO, NFO, SGB, ETF, etc.
Other then this third party tool integration such as Sensibull, smallcase, Tickertape, Streak, Refinitiv or any inbuilt tools and resources are also to be kept in mind.
All in all everything which can make trading and investing experience more pleasant and worthy enough is what makes moneycontain best broker for trading.
So without any further delay lets us directly move to check who makes in to list of moneycontain 8 Best Broker For Trading In India In 2025.
Best Broker For Trading In India In 2025:
I will not be able to explain the features in details here as it will become a very long post to cover all of above mentioned stock brokers, but you can check the review and comparison of them by clicking above link.
Stock Broker |
Account Opening Charges |
Annual maintenance Charges (AMC) |
Brokerage Charges |
Free |
Free |
Rs.20 or 0.03% |
|
Zerodha |
Rs.200 |
Rs.300 yearly |
Rs.20 or 0.03% |
Upstox |
Rs.199 |
Rs.25 per Month |
Rs.20 or 0.05% |
Fyers |
Rs.300 |
Rs.400 Yearly |
Rs.20 or 0.03% |
Espresso |
Free for Limited Time |
Rs. 400 Yearly |
Rs.20 or 0.03% |
5Paisa |
Rs.299 |
Rs.25 per month |
Rs.20 per order |
ICICIDirect |
Rs.300 |
Rs.700 Yearly |
Rs.20 per order |
Groww |
Free for Limited Time |
Free for Limited Time |
Rs.20 or 0.05% |
In the above list of best broker for trading in India in 2025 I find this new discount broker Dhan which is giving tough competition to Zerodha because apart from lower brokerages and free account opening with no AMC honestly it has one of the best web based trading platform I have personally seen and it beats even the Zerodha trading platform due to the various features available under the same page such as technical, advanced option chain data, customised option strategy builder, fundamentals of company, financials etc.
Dhan has Pre-Built Option Trading Strategies for FREE plus customized Option strategy builder which you won’t be getting at any other broker.
Dhan also gives Margin Trading Facility (MTF) for up to 4X leverage (75% funds) from Dhan for Equity Delivery trading. You can buy 950+ stocks and hold them for unlimited period of time.
Dhan also offers another feature known as WelathBasket, it is a basket of stocks/ETFs, based on a strategy, theme or idea. WealthBaskets are professionally managed and help you invest in Stock Markets in a systematic way.
Dhan have also made tie up with smallcase for making portfolio based investment moreover they do have a stock recommendation tool as well which gives long term investment ideas known as Stratzy.
Dhan has also partnered with Tactic who provides Trade Ideas & Strategies of top SEBI registered traders in currently 3 modes – Intraday, Positional & BTST. This feature will greatly help the new as well as experience traders.
1Cliq by oipulse is integrated with Dhan which helps fast traders to identify trends especially scalpers. You can have trade execution with pre defined SL, auto Trailing SL, MTM target and stop loss are some of it’s amazing features.
Let us go ahead and checkout the features dhan has and understand why I am saying it as the best broker for trading in India.
If you want a Safe & Trusted stock market app with Advanced Features, Fast Order Execution, Seamless Charts, Simple UI, and Helpful Customer Support? Dhan share market app has it all!
- Access 4,000+ Scrips and major Indices like Nifty 50, Bank Nifty, FinNifty
- Stock Trading App offers 1,600+ Stocks for Intraday Trading
- MTF with 4x Leverage on 1,000+ Stocks & Unlimited Holding Period
- Create a Basket of Stocks & Place Order in 1-Click
- Daily, Weekly, Monthly SIP in Stocks
- Busy Between 09:15 AM to 3:30 PM? Place After Market Orders
- ₹0 Brokerage on Stock Investing & ₹20 for Intraday Trading
- Buy/Sell Directly from Option Chain
- Get Real-time Payoff Graph, Greeks & Live Trade Volumes
- Advanced Order Types like Trailing Stop Loss, Iceberg, Forever (GTT)
- Get Instant Pledge Margin for Option
- Buying/Selling on 1,500 Stocks
- Buy Options Quickly with Flash Trade
- ₹20 on Options for All Segments
- ₹20 or 0.03% (whichever is lower) on Futures for All Segments
- Choose from 1,000+ Direct Mutual Funds
- Start SIP in Equity, Debt, Hybrid, and Index Funds
- Save Taxes with ELSS Funds
- Find Top Rated Funds Easily on Mutual Funds SIP App
- Add Multiple Funds in Cart and Invest in 1-Click
- Manage Mutual Fund SIP with AutoPay or 1-Tap Top-up
- Pay ZERO Charges for investing mutual funds – Absolutely Free!
- Access to All Stock Market ETFs – Nifty BEES, Gold, Debt, Global
- Daily, Weekly, & Monthly SIP in ETFs
- Pledge ETFs in your Portfolio to get Money for Trading
- MTF with 4X Leverage for Swing Trading ETFs
- Separate ETF Dashboard for Tracking Returns
- ₹0 Brokerage on ETF Investing
- Trade All Currency Pairs: 4 INR & 3 Cross Currency
- Trade All Commodities: Gold, Silver, Crude Oil, Natural Gas etc.
- Trade Currencies & Commodities from Charts
- Pre-Apply for Upcoming IPOs
- Bid for Mainboard & SME IPOs
- Invest in IPO at ₹0 Charges
Special Features Built by Dhan Broker to Solve Problems:
- Trade Options on TradingView.com only via Dhan
- Access & Trade NIFTY, NIFTY BANK, FINNIFTY from Charts
- Set Alerts on Losses and Over Trading with Trader’s Controls
- Evaluate what went right and wrong in your strategy with Traders Diary
- Save your Order and Execute later whenever you want with Draft Order
Apart from normal trading app dhan also have a dedicated option trading platform (Web + App) for a powerful options trading experience designed especially for F&O Traders.

Options Trader by Dhan is one of the best app for F&O trading because of features like:
- Readymade Option Strategies – Fast create and execute popular option strategies like Straddle, Strangle, Iron Condor, and many more with our options app.
- Custom Strategy Builder – Create your own derivative trading strategies and execute them from the same platform. Simple. Convenient. Powerful option strategy builder!
- Options Screener & Scanner – Identify and monitor scrips based on Volume, OI, Trends, Buildup, IV, and more with our option trading analysis app.
- Outlook Based Ideas – Search scrips available for option trading ideas based on Bullish, Bearish, or Neutral market outlook.
- Realtime Pay-off Graph – Dhan app for option analysis helps you understand the potential P&L for your strategies before you execute them.
- Dedicated Commodity & Currency Dashboard – If you are Trading Across Segments than you can Manage your positions in separate, dedicated dashboards.
- Forever Order with OCO – Set a target price that stays active on Dhan FnO app until the specified price hits, including OCO for F&O trading.
- Instant Pledge Margin – Pledge shares from your demat account to get more margin for f&o trading within minutes.
- Option Chain – Trade calls and puts directly from the option chain with Greeks and other awesome insights on Dhan option trading app.
- Synced Across All Dhan Platforms – All Dhan platforms are synced in real-time all across Positions, Orders, Basket, Margin & Funds, Portfolio, Charts, Watchlist and Tradebook.
Dhan mobile App have been downloaded on playstore for more than 1.5 million with a user rating of 4.5 which also shows the trust they have created among users within small time period.
Open a Free Dhan trading/demat account with Zero Annual Maintenance Charges online here
What are the brokerage charges for options trading at Dhan?
The fees and charges on Dhan are always transparent for all segments. For options trading, there is a ₹20 (or 0.03%) charge per order executed in any segment’s options. You can view this and other charges before placing a trade on the Txn Estimator, and afterwards on your Contract Note.
There are no account opening charges as of now with dhan for a limited time period. You can open dhan trading and demat account with zero AMC (Annual Mainenetance Charges).
- ₹0 Demat Account Fees
- ₹0 AMC
- ₹0 Platform Fees
- ₹0 Brokerage for Delivery Trades
- ₹20 or 0.03 (whichever is lower) per order for Intraday Trades
The account opening process is quite simple and can be done in 3 easy steps. To open an account online, you can sign up using your mobile number through this link. You will receive an OTP to your number and you can get started with the process.
You will be required to enter your PAN, bank account details and personal details to continue with the sign-up.
Once you sign up you need to upload certain documents as listed below.
In order to open your demat account, you will require the following documents.
- Identity proof: PAN Card
- Address Proof: Driving license/ Voter’s ID/ Aadhaar Card/ Passport/ Rent Agreement (Registered)/ Latest utility bill (which has the name of the account holder)
- Income Proof (not required for Equity and MF): Bank Statement (last 6 months)/ Salary slip (last 3 months)/Latest ITR copy or Form 16
- Signature copy: Your signature on a blank sheet of paper
Please note: In case if the PAN isn’t KYC compliant, you will need to open your account via In Person Verification (IPV). For this, you will need to upload two videos of 10 seconds each; one with your PAN Card in hand and other with the Address Proof document in hand.
Open a Free Dhan trading/demat account with Zero Annual Maintenance Charges online here
Dhan gives you access to instant margin pledge benefit. This means you can pledge any of your existing stocks as collateral to get more margin for trading options online. The approved list of pledge stocks currently stands at 1450+ on Dhan.
Dhan also has Auto-Detection of Candlestick Patterns on Charts on their trading platform which means charts will now automatically recognize & display the names of 37 widely known Candlestick Patterns.
Combine this with dhan other features like 20 Depth Data, Price Alerts, Import Watchlists, etc. you have enough data to help you with your trades.
There are many more features which I won’t be discussing here but the crux of the matter is Zerodha’s top position from last several years will be challenged by Dhan broker for sure in the upcoming years and after experiencing their platform I recommend it as my top broker for 2025.
Zerodha due to it’s advanced trading platform, lower brokerage structure, transparency for clients and different third party and in house developed tools and resources integration such as sensibull, smallcase, tickertape, streak, sentinel, Refinitiv etc. is my second preferred choice after Dhan.
Earlier for me Upstox used to be the next best choice after Zerodha reason being Upstox as an stockbroker has made its place in the Indian stock broker industry with their fast and efficient trading platforms, sophisticated charting software’s combined with speed and reliability as well ease of opening the account online paperless.
Moreover apart from trading app Upstox in partner with other financial tech companies provide many other services which are built on these apps, such as Sensibull, Smallcase, Tickertape, Sentinel, etc.
The charges and brokerages are very much reasonable in comparison to other brokers.
The kind of growth Upstox has seen in past couple of year is unprecedented, believe it or not but with same speed they will snatch the no.1 position from zerodha with in a span of less than a year in terms of high active client list.
But these only is not the criteria to select a stockbroker for your trading and investing in stock market, there are many other parameters which I have already discussed above in the blog.
Whereas Fyers is in the list is because they deserve. Fyers is just 5.6 years old in broking industries but the kind of advanced trading platform they have as well as all the features needed like low brokerage charges, better customer service team makes them to be in the list.
The account opening charges are very reasonable. A company which is just 6 years old, have made itself a brand within this period. There are more than 300+ stockbrokers in India which are working from so long, but Fyers has created its own place. This a significant example of how a startup should work.
Espresso by Sharekhan has surprised everyone due to its unique brokerage structure of “No brokerage on loss-making trades” and free intraday stock recommendation to it’s users. Although they are not new in the industry at all, Sharekhan has launched a separate entity called Espresso for discount brokerage services.
Espresso offers trade execution facilities for equity cash and derivatives segments on BSE and NSE, commodities trading facilities on MCX and NCDEX as well as in currency segment.
Espresso by Sharekhan might be new in discount broking industry but as we know being a subsidiary of Sharekhan it has support as well as the experience that any new start-up requires.
What makes 5Paisa different from other discount broker is as an broker it has an wide range of financials products to trade and invest such as Equity (stocks), Mutual funds, Commodity, Currency, FnO, Digital Gold, IPO, ETF, SGB, NFO, FPO etc.
Apart from these they also have many other financial services like Stock recommendations, gold loan, Personal Loans, Insurance, Research Products, Robo advisory and many more.
Hence 5Paisa is not just a discount broker but can be considered as a full time stock broker.
Secondly, the kind of technological advancement in there trading platforms, apart from this they offer PMS (portfolio management services), insurance, loans, gold investment, research advisory.
You have the option to take paid subscription plan which reduces the overall cost and provides you with stock recommendation and access to various inbuilt tools and resources for as low as Rs.299.
ICICIDirect have more than 2.9 million, 29,56,887 clients as per NSE data. (the no. keeps on changing) there are many other banks in India who offers the broking services, but ICICI is at the top amongst them due the major changes they do internally time to time.
ICICI direct has a wide range of financial products and services related to investment banking, institutional broking, retail broking, private wealth management etc.
ICICI Direct has facility to invest in Equity, Derivatives, Commodity, Currency Futures, Mutual Funds, IPOs along other services like Fixed Deposits, Loans, Tax Services, New Pension Systems, and Insurance etc.
What makes ICICI direct different from other is the strong hold and backup from ICICI Bank, India’s top private bank.
Secondly, the kind of technological advancement in there trading platforms, apart from this they also offer PMS (portfolio management services), insurance, loans, gold investment, research advisory, mutual funds, ETF and lot more.
Groww might be new in discount broking industry, but they do have more than 7 years of experience in providing a rich platform for users to invest in mutual funds scheme.
They have more than 28 lakh+ active clients in stock broking.
In my opinion they still need to do a lot to fulfill all the stock broking requirements such as allowing, currency and commodity trading.
Therefore, if you are someone who do more of investing and trading in Stocks, IPO’s, ETF, SGB, Mutual funds, than Groww is the perfect choice for you.
There are no charges to open an account with groww plus no AMC. Having said that Groww still need to do a lot in terms of providing rich features which is available with other stockbrokers such as Dhan, Zerodha or Upstox in their trading platform.
Some other important technical and fundamental features are listed below which you can get with any of the above discount broker.
- Universal search tool to find simple and complex stocks.
- Access to NSE/BSE cash, Futures and Options, commodities and Currencies scrips
- Cutting-edge charting tools that are above industry standards
- Japanese Candlestick Charts of multiple intervals, types and drawing styles
- Apply 100+ technical indicators on real-time charts
- Trade directly from charts with the Trade From Charts (TFC) feature
- Checkout Fundamentals of company such as Balance Sheet, Profit/loss statement, RoA, RoCE , Results etc.
- Set unlimited number of price alerts for instant updates
- Advanced Option chain data, Option Greek Calculator, Option Moneyness, Option Scholes Calculator, customised option strategy builder etc.
- Create unlimited number of customized watchlists
- Different types of orders such as Gtt, Limit order, Market order, Stop-loss order, Basket order etc.
- Receive real-time market feeds to stay on top of your scrips
- Access predefined watch-list of Nifty 50, FINNifty and other indices
- Biometric (fingerprint and Face ID – iOS) 2FA for seamless logins and better security
- Invest in ETF’s, Gold, SIP’s in Mutual Funds, and lot more options such as third party integration smallcase, sensibull, tickertape, streak, Sentinel, Refinitiv etc.
Conclusion –
I hope the above list of 8 Best Broker For Trading In India In 2025 have certainly helped you in choosing the right broker for you, Just like in cooking without all ingredients in balance can’t make a dish best, similarly if you are choosing a stock broker for trading and investing you have to look for all the features.
Never opt any discount broker based on just one particular USP, see what all it has apart from that.
All above mentioned stock brokers has made there place in the Indian discount broker industry with their fast and efficient trading platforms, low brokerages charges, sophisticated charting software’s combined with speed and reliability as well ease of opening the account online paperless.
So, whether you are a beginner or experienced trader and investor in stock market you should open an account with these stock brokers, now it is up to you to decide and selecting that suits your need.
Having said that Dhan is any day my favorite stock broker while comparing with others.
While opening account online keep your Pancard, Aadhaar Card and your signature on white piece of paper handy with you.
Also, you will need to take a selfie for the process of KYC process. Your account gets activated within 24-48 hours after submitting the required details and you can start placing trades once you receive the credentials in your email.
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Note: Please do your own research and make investment. Moneycontain will not be responsible for any of your losses at all. The point made is for educational purpose only and intended to give information. All investments are subject to risks, which should be considered prior to making any investments.


