Brokerage is one of the major factors which hurts the traders and investors, find the 6 Best Low Brokerage Trading Account In India In 2026ย in this post.
I remember first time opening the account for trading/investing purpose was in year 2009-10, it was a local broking company in my city, and I have to personally went to the office to do all paper works, as there was no online process at that time.
The brokerages were too high, you have to either sit in their office or call for trade. This was really a barrier for normal retail traders and investors like me, which was removed firstly by Zerodha.
Most of the full time brokers at that time does not counted retail investors and traders (common people) as important part of broking industry, Zerodha by cutting the brokerage at Rs.20 in 2013 gained momentum and helped retail traders to be part of the industry.
This made the other stock brokers specially the full-time brokers jittery at first, however now the entire picture has changed with more new discount brokers offering lucrative brokerage charges to lure the customers.
You will definitely going to get surprised in this post as not only some famous name but new names are also on the list.
The list not only consist of lowest brokerage charges but the Stockbrokers with Best Trading Platforms In India offering top notch trading and investing experience to its users with their innovation and research.
Few other point of discussion would be lowest Account opening charges and AMC (Annual Maintenance Charges) as well.
Keep in mind that aggregates of all segments Equity (cash), Futures and Options, Commodity (MCX), Currency (Forex) has been taken in account while ranking them.
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 Low Brokerage Trading Account 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 opening trading account.
Trust me you can not get lowest brokerage than below mentioned list of brokers from more than 300 stockbrokers in India.
So without further delay let see the list of brokers with Low Brokerage Trading Account in India.
Best Low Brokerage Trading Account In India In 2026:
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 |
Brokerage Charges |
Free Delivery Trades |
Overall Rating |
Dhan |
Rs.20 or 0.03%ย |
Yes |
9.5/10 |
Zerodha |
Rs.20 or 0.03%ย |
Yes |
8.9/10 |
Upstox |
Rs.20 or 0.05%ย |
No |
8.8/10 |
Fyers |
Rs.20 or 0.03%ย |
Yes |
8.6/10 |
Espresso |
Rs.20 or 0.03%ย |
No |
8.4/10 |
5Paisa |
Rs.20 per order |
No |
8/10 |
Now suppose you bought stock xyz priced at Rs.100, quantity 100 on intraday basis,
So the total turnover would be bought 100, sold 100(100*200)=ย 20,000 on this amount they will charge either whichever amount is lower as 0.03% of 20000, is Rs.6 so they will charge that instead of flat Rs.20 and that is brokerage is charged and calculated for every trades you make in real time.
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 oneย 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.
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.
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.
Let us go ahead and checkout the features dhan has and understand why I am saying it as the best lowest brokerage stockbroker currently in India.
Start Investing & Trading Smarter with Dhan
With Dhan, investors and traders can access:
โ Stocks & ETFs
โ Mutual Funds, IPO’S, NFO, Bonds
โ Gold ETFs
โ Sovereign Gold Bonds (when available)
โ Futures & Options, Currency, Commodity
โ Advanced Options Chain & Greeks
โ Dhan Power Scalper terminal
โ Dhan ScanX (Research and Fundamental Analysis tool)
โ TradingView Charts
โ Strategy Builder
โ Portfolio Analytics
โ SLBM (Stock Lending & Borrowing)
โ DEXT Institutional-Grade Analytics
Not only that you could also start Investing in US Stocks & ETFs using Dhan ย
Whether you’re building long-term wealth, investing for retirement, or actively trading the markets, having the right tools can help you make more informed decisions.
๐ Open Your Free Dhan Account and Start Investing Today
Investments in securities markets are subject to market risks. Read all related documents carefully before investing.
Use trading platforms as tools to support disciplined decision-makingโnot as shortcuts to profits.
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.
With Dhan you can also invest and trade in IPO’s, NFO’s, SIP, Bonds, ETF, SGB,ย and many other financial products with so much ease.
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 โ without burning a hole in your pocket.
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 โน20 (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).
- โน0 Demat Account Fees
- โน0 AMC
- โน0 Platform Fees
- โน0 Brokerage for Delivery Trades
- โน20 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:ย PAN Card
- Address Proof:ย 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):ย Bank Statement (last 6 months)/ Salary slip (last 3 months)/Latest ITR copy or Form 16
- Signature copy:ย Your signature on a blank sheet of paper
Please note:ย In case if the PAN isnโt 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.
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 has been challenged by Dhan broker for sure and after experiencing their platform I recommend it as my top broker.
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 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 likeย Stockย 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.
However the above list is maintained on the basis of overall ranking of stockbrokers in India, such as highest number of clients (Active and total), advanced trading platform, no hidden charges, lower brokerages, best customer service, different investing options such as investment in IPO, FPO, NFO, BONDS, SGB, US marketsย Mutual funds etc.
Below will check the current account opening and AMC charges for this stockbrokers.
Stock Broker |
Account Opening Charges |
Annual maintenance Charges (AMC) |
Freeย |
Freeย |
|
Zerodha |
Rs.200 |
Rs.300 yearly |
Upstox |
Rs.199 |
Rs.25 |
Fyers |
Rs.300 |
Rs.400 |
Espresso |
Rs.300 |
Rs. 400 Yearly |
5Paisa |
Rs.299 |
Rs.25 per month |
The AMC gets charged from your trading account balance by stockbrokers mostly on quarterly basis (after 3 months).
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.
Conclusion –ย
I hope the above list of 6 Best Low Brokerage Trading Account In Indiaย 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.
If, you have liked the content please do share it with your friends or on social media, as sharing do bring the good karma. If you have any questions or feedback you can leave them in comment box below.
๐ Related Learning
- Technical Analysis Guide
- Fundamental Analysis Guide
- Financial Tools Hub
- Stock Broker Reviews Hub
- Ultimate Options Trading Guide
- Dhan DEXT Review
- Dhan Power Scalper
- SLBM / Rent Stocks on Dhan
- Dhan Gold Vault Review
- Dhan ScanX Review
- Dhan U.S Investing Review
- Zerodha to Dhan Migration Guide
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.
