🌟 4 Best Brokers for Trading in India (2025) – Dhan vs Upstox vs Zerodha vs Fyers

Why Choosing the Right Broker in 2025 Matters

The Indian trading landscape is evolving fast. With over 2 million active traders entering the market in 2024 alone, your choice of broker can make or break your journey. You need a platform that combines:

• Low or zero brokerage

• Advanced trading tools (options, charts, orders)

• Seamless UX across web and mobile

• Reliable support and fast execution

Here’s a head-to-head comparison of the 4 best brokers for traders:

🧩 Dhan vs Upstox vs Zerodha vs Fyers Quick Comparison Table

 

🥇 1. Dhan — India’s Most Powerful Broker for Active Traders

🔍 Why Dhan Leads the Pack

1. Zero brokerage on equity delivery and ₹20 per order on intraday/F&O
2. Advanced Options Chain with Greeks, Max Pain, IV, and OI trends
3. Built-in Strategy Builder on both web and mobile for custom and pre-defined strategies
4. Native TradingView integration, trade directly off charts
5. Free API access, ideal for algo traders
6. Margin Trading Facility up to 4× leverage
7. High app ratings (4.6/5) and positive user feedback
8. Real-time data feed and 20-depth market view
9. No hidden charges or platform fees

 

👤 Ideal User

Investors who want tools + speed, Day traders, options traders, and tech-savvy algorithmic traders seeking powerful tools under one roof.

Apart from above some other Unique Features That Gives Dhan the Edge

• ⭐ Dhan WiFi: Connect Dhan Web and App for a unified trading experience

• ⭐ Iceberg Plus: Slice large orders for faster, efficient execution

• ⭐ Super Order: Place entry, target, and stop-loss orders simultaneously

• ⭐ Scalper: One-tap trading directly on charts

• ⭐ Watchlist Groups: Track over 10,000+ stocks easily

• ⭐ Trader’s Controls: Alerts for over-trading and high-risk trades

 

🔥 Verdict:

Dhan is the most powerful and feature-rich trading platform in India right now — completely free to start and optimized for serious traders.

If you’re looking for a modern, feature-rich, and trader-friendly platform, Dhan is easily one of the best choices available today. From zero account opening charges to advanced tools like native TradingView, options strategy builder, and free API access, Dhan is clearly built with the modern Indian trader in mind.

Whether you’re an intraday trader, an options strategist, or a long-term investor, Dhan offers the perfect blend of speed, simplicity, and smart technology — without burning a hole in your pocket.

Why wait? Open your Dhan account now and take control of your trading journey with confidence.

👉 Click here to get started with Dhan

🥈 2. Upstox — The Balanced Powerhouse

🔍 What Makes Upstox a Strong Contender

• Zero brokerage on delivery; ₹20 per intraday/F&O order

• Option Chain with Greeks and custom strategies (though less advanced than Dhan)

• Clean, modern UI with web, app, and Pro versions

• Supports margin trading, screeners, and advanced orders

 

🔍 Upstox Strengths:

• Good balance of simplicity and depth

• Smooth mobile and desktop experience

• Supports options trading with analytics

❗ Limitations:

• Some advanced tools behind login wall

• Not as deep-chart integrated as Dhan

 

💼 What Makes Upstox the Best Choice?

• ✅ Limited Time Free Account Opening – Zero AMC, online KYC
• ✅ ₹0 Brokerage on Mutual Funds, IPOs, Gold Bonds
• ✅ Flat ₹20/order on Equity, F&O, Currency & Commodity
• ✅ Access to UpLearn – Learn strategies, trading & more
• ✅ Invest in P2P Lending & Fixed Deposits
• ✅ Tools for every level – from beginner to pro

 

🏁 Ready to Get Started?

🎯 Open Your Free Demat + Trading Account in Just 5 Minutes!

✅ 100% Online | ⏱ Quick Setup | 💰 ₹0 Opening Fee

 

 

 

🥉 3. Zerodha — Reliable But Slowing Innovation

🔍 Why Zerodha Still Matters

• Zero brokerage on delivery; ₹20 per order

• Stable Kite platform, strong community and support

• Extensive ecosystem (Varsity, Console, Rainmatter)

⚠️ Drawbacks

• Outdated UI and slower on new tools

• No built-in Options Strategy Builder

• Less innovation in advanced trading tools

 

 

🟢 4. Fyers — Feature-Rich Toolset for Tech Traders

🔍 Standout Features

1. ₹20 flat brokerage across all segments
2. Free Demat AMC, multi-segment account
3. TradingView charts and built-in screeners, plus InstaOptions
4. Advanced Scalper Terminal, Smart Orders with trail/step exit
5. API support and community integration

 

 

🔍 Deep-Dive: Feature-by-Feature Comparison

🛠️ Option Chain & Strategy Tools

• Dhan: full-featured with Greeks, payoff, pre-defined strategies

• Upstox: good but less advanced

• Fyers: InstaOptions, Smart Orders

• Zerodha: minimal capabilities

 

🖥 Charting & Trade Execution

• Dhan: Trade directly from TradingView

• Fyers: Built-in TradingView with scalper tools

• Upstox: Good, but not TradingView native

• Zerodha: Kite charts, no integration

 

💰 Brokerage & Margin

• All offer ₹0 delivery, ₹20 intraday/F&O

• Margin: Dhan & Upstox offer MTF 4×; Fyers also supports MTF; Zerodha does not

 

⚙️ API & Algo Trading

• Dhan & Upstox & Fyers & Zerodha: All support API for algo trading

 

👥 Support & Community

• Dhan rapidly growing support; active on apps and Twitter
• Fyers polite, moderate support
• Zerodha recognized for stability and educational content

 

❓ FAQs

Q1. Which broker is best for options trading in India?
A: Dhan takes the lead with comprehensive tools and built-in strategy builder.

Q2. Is Fyers better than Zerodha?
A: Fyers has more advanced tools (InstaOptions, scalper terminal), while Zerodha has a wider community & educational resources.

Q3. Which broker offers best chart integration?
A: Dhan offers real TradingView integration; Fyers includes it natively too; Upstox and Zerodha lag.

Q4. Do all brokers have zero delivery brokerage?
A: Yes—Dhan, Upstox, Zerodha, and Fyers all offer ₹0 delivery charges.

✅ Ready to Begin Trading?

• Dhan – Power & innovation: Open your free account now

• 👉 Ready to switch or start fresh? Click here to open your free Upstox account now and experience the next generation of trading!

 

 

🏁 Final Verdict

Dhan is the clear leader in 2025, blending zero brokerage delivery, advance trading tools, and a modern platform that continues to evolve.

If you’re a trader or want more control over execution, charts, and speed.
Dhan is not just another discount broker — it’s genuinely innovating, especially for the next-gen Indian trader.

If you’re tired of clunky trading platforms and want modern, high-speed trading with transparent fees — Dhan is one of the best stockbrokers in India today.

According to the latest NSE reports  there are about 200+ stock brokers in India, however what makes Dhan a leading and strong contender in the stock broking industry is the tools and resources they have in their trading platform.

Moreover there are no hidden charges and the brokerages are very minimal if we do the industry comparison. They are also backed by cash enriched investors so nothing to fear.

If I have to rate Dhan app after looking at there breakthrough pricing model for brokerages as well as other charges and experiencing there simple yet great user interface for trading platform I would give it 9.6 out of 10.

There’s never been a better time to take control of your financial future and with Dhan, you get the fastest, most reliable, and feature-packed stock broker app in India for 2025.

Whether you’re a beginner eager to start investing or an experienced trader seeking advanced tools and zero brokerage on delivery trades, Dhan has everything you need to succeed.

Don’t settle for less. Join over 1 million satisfied users who trust Dhan to power their trading journey every day. With zero account opening fees, free access to multiple platforms, and dedicated customer support, the path to smarter trading has never been easier.

🚀 Ready to Elevate Your Trading Game?
Start your journey with Dhan — India’s fastest, most reliable, and user-friendly stock broker app trusted by over 1 million users.

No hidden fees. No complicated processes. Just smart, seamless trading.

Open My Free Dhan Account Now

It takes less than 5 minutes to sign up and start trading.

 

Whereas Upstox is the second choice as it is no longer just a low-cost broker—it’s evolved into a smart, trader-focused ecosystem. Whether you’re a beginner, swing trader, or options expert, it offers tools that grow with you.

If you’re tired of minimal tools (Groww) or outdated workflows (Zerodha), Upstox gives you the perfect edge in the fast-moving world of Indian stock markets.

Upstox is much better than groww and zerodha If we do a overall comparison of various charges, features hence I would advise anyone to go with upstox or zerodha and avoid groww any day.

But if you’re serious about trading—especially in derivatives, intraday, or using market tools—Upstox is clearly the better platform.

It offers a perfect balance of affordability, functionality, and professional-grade tools that Groww lacks.

So, if you are more of a trader making intraday trades on daily basis and looking for investing and trading in other segments than you should go with Upstox without any doubt.

If I have to rate upstox overall as an leading discount broker I will give it 9.2 out of 10

👉 Ready to switch or start fresh? Click here to open your free Upstox account now and experience the next generation of trading!

🎯 Open Your Free Demat + Trading Account in Just 5 Minutes!

✅ 100% Online | ⏱ Quick Setup | 💰 ₹0 Opening Fee

 

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Here is the list of things as a beginner you should know, if you are thinking for doing intraday trading.

A brief understanding of

How share market works?

Learn about the basics of candlestick chart patterns and how to use them for intraday trading and investing. You should also learn about the best moving averages to use for better trading result.

Checkout Mastering Intraday Trading: A Beginner’s Guide to Profitable Strategies in the Indian Stock Market

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.

Disclaimer

This article is for educational purposes only and does not constitute financial advice. Trading in the stock market involves significant risk. Please consult with a SEBI-registered financial advisor before making any investment decisions.