5 Best Trading Platform For Options In India In 2025

  • Post category:Stock Market
  • Reading time:18 mins read
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  • Post last modified:May 20, 2025

If you are someone who specifically looking to trade in options apart from other segments than choose from these 5 Best Trading Platform For Options In India.

You will definitely going to get surprised in this post as not only some famous name but new names are also on the list.

Options trading is a much more complicated than normal stock trading and hence require better assessment which requires best tools and resources.

The most important things while trading options are option chain table, option moneyness, option Greeks (Theta, delta, gamma, vega) , Open interest (OI), Put call ratio, Max pain, Intrinsic value etc. other than than this very often traders who do not trade with option strategies may incur huge losses, mostly because option strategies are complicated and require complex math’s.

But with latest tool available with these best trading platform for options it has solved this problem and made options trading with strategies a lot simpler.

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 5 Best trading platform for options 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 trading platform for options in India.

The list not only consist of best option trading platform but overall Best Stock Brokers In India offering top notch trading and investing experience to its users with their innovation and research.

So without any further delay lets us directly move to check who makes in to list of moneycontain 5 Best trading platform for options in India in 2025.

 

Best trading platform for options in India in 2025:

  1. Dhan
  2. Upstox
  3. Zerodha
  4. ICICIDirect
  5. Fyers

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% 
Upstox
199
Rs.25 per month
Rs.20 or 0.05% 
Zerodha
Rs.200
Rs.300 yearly
Rs.20 or 0.03% 
ICICIDirect
Rs.300
Rs.700 yearly
Rs.20 per order
Fyers
Rs.300
Rs.400
Rs.20 or 0.03% 

 

Let us discuss all of them above mentioned stockbrokers in brief to know why I choose them at first place.

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, fundamentals of company, financials etc. 

What make them different and currently at the top is dhan have a dedicated option trading app and web version available with custom option strategy builder inbuilt in their trading platform for users.

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 trading platform for option 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!

 

Dhan Broker Review For Mobile App

 

  1. Access 4,000+ Scrips and major Indices like Nifty 50, Bank Nifty, FinNifty
  2. Stock Trading App offers 1,600+ Stocks for Intraday Trading
  3. MTF with 4x Leverage on 1,000+ Stocks & Unlimited Holding Period
  4. Create a Basket of Stocks & Place Order in 1-Click
  5. Daily, Weekly, Monthly SIP in Stocks
  6. Busy Between 09:15 AM to 3:30 PM? Place After Market Orders
  7. ₹0 Brokerage on Stock Investing & ₹20 for Intraday Trading
  8. Buy/Sell Directly from Option Chain
  9. Get Real-time Payoff Graph, Greeks & Live Trade Volumes
  10. Advanced Order Types like Trailing Stop Loss, Iceberg, Forever (GTT)
  11. Get Instant Pledge Margin for Option
  12. Buying/Selling on 1,500 Stocks
  13. Buy Options Quickly with Flash Trade
  14. ₹20 on Options for All Segments
  15. ₹20 or 0.03% (whichever is lower) on Futures for All Segments
  16. Choose from 1,000+ Direct Mutual Funds
  17. Start SIP in Equity, Debt, Hybrid, and Index Funds
  18. Save Taxes with ELSS Funds
  19. Find Top Rated Funds Easily on Mutual Funds SIP App
  20. Add Multiple Funds in Cart and Invest in 1-Click
  21. Manage Mutual Fund SIP with AutoPay or 1-Tap Top-up
  22. Pay ZERO Charges for investing mutual funds – Absolutely Free!
  23. Access to All Stock Market ETFs – Nifty BEES, Gold, Debt, Global
  24. Daily, Weekly, & Monthly SIP in ETFs
  25. Pledge ETFs in your Portfolio to get Money for Trading
  26. MTF with 4X Leverage for Swing Trading ETFs
  27. Separate ETF Dashboard for Tracking Returns
  28. ₹0 Brokerage on ETF Investing
  29. Trade All Currency Pairs: 4 INR & 3 Cross Currency
  30. Trade All Commodities: Gold, Silver, Crude Oil, Natural Gas etc.
  31. Trade Currencies & Commodities from Charts
  32. Pre-Apply for Upcoming IPOs
  33. Bid for Mainboard & SME IPOs
  34. 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.

Dhan Option Trading App Review

Options Trader by Dhan is one of the best app for F&O trading because of features like:

  1. Readymade Option Strategies – Fast create and execute popular option strategies like Straddle, Strangle, Iron Condor, and many more with our options app.
  2. Custom Strategy Builder – Create your own derivative trading strategies and execute them from the same platform. Simple. Convenient. Powerful option strategy builder!
  3. Options Screener & Scanner – Identify and monitor scrips based on Volume, OI, Trends, Buildup, IV, and more with our option trading analysis app.
  4. Outlook Based Ideas – Search scrips available for option trading ideas based on Bullish, Bearish, or Neutral market outlook.
  5. Realtime Pay-off Graph – Dhan app for option analysis helps you understand the potential P&L for your strategies before you execute them.
  6. Dedicated Commodity & Currency Dashboard – If you are Trading Across Segments than you can Manage your positions in separate, dedicated dashboards.
  7. 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.
  8. Instant Pledge Margin – Pledge shares from your demat account to get more margin for f&o trading within minutes.
  9. Option Chain – Trade calls and puts directly from the option chain with Greeks and other awesome insights on Dhan option trading app.
  10. 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).

  1. ₹0 Demat Account Fees
  2. ₹0 AMC
  3. ₹0 Platform Fees
  4. ₹0 Brokerage for Delivery Trades
  5. ₹20 or 0.03 (whichever is lower) per order for Intraday Trades

 

dhan free account opening

 

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.

  1. Identity proof: PAN Card
  2. Address Proof: Driving license/ Voter’s ID/ Aadhaar Card/ Passport/ Rent Agreement (Registered)/ Latest utility bill (which has the name of the account holder)
  3. Income Proof (not required for Equity and MF): Bank Statement (last 6 months)/ Salary slip (last 3 months)/Latest ITR copy or Form 16
  4. 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 had been challenged by Dhan broker for sure and after experiencing their platform I recommend it as my top broker for 2025.

 

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.

Zerodha is in the list 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.

Sensibull is India’s first options trading platform, offering everything from simplified options trading for new investors to powerful trading tools for the pros. Sensibull aims to make options trading safe, accessible, and most importantly, profitable for all.

Sensibull was founded with the absurdly impossible vision of making the small guy win against the big guy in financial markets and with zerodha account you get access to this tools as well.

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, Insurance etc.

ICICIDirect is a one stop solution for trading and investing in any financial instruments in India. It has everything setup at one place, if you open account with them there is no need to look for any extra service here and there.

What makes ICICI direct different from other is the strong hold and backup from ICICI Bank, India’s top private bank. Other than this there are no charges to open an account so nothing to lose.

Moreover, apart from their own trading platform which offers great analyzation for every segment it has also tied up with Sensibull, India’s first and largest Options Trading platform.

Sensibull offers easy to trade, smart and profitable pre-built Options Strategies for your prediction. All these strategies come with small losses and loss protection, so no matter where the market goes, your losses won’t go above a small fixed number.

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.

There trading platform have all inbuilt resources for you to analyse options data without any third party integration.

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.

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.

Open Dhan Free Trading/Demat/Mutual Fund account online within minutes and start investing and trading in stocks, FNO, Commodity, Currency, ETF, SGB, IPO, Gold and many more Products..

Now that you know the list of stockbrokers with 5 Best trading platform for options in India in 2025, let us know what you can expect from them in trading and investing space apart from being best option trading platform.

Some other important technical and fundamental features are listed below which you can get with any of the above discount broker.

  1. Universal search tool to find simple and complex stocks.
  2. Access to NSE/BSE cash, Futures and Options, commodities and Currencies scrips
  3. Cutting-edge charting tools that are above industry standards
  4. Japanese Candlestick Charts of multiple intervals, types and drawing styles
  5. Apply 100+ technical indicators on real-time charts
  6. Trade directly from charts with the Trade From Charts (TFC) feature
  7. Checkout Fundamentals of company such as Balance Sheet, Profit/loss statement, RoA, RoCE , Results etc.
  8. Set unlimited number of price alerts for instant updates
  9. Option chain, Option Greek Calculator, Option Moneyness, Option Scholes Calculator etc.
  10. Create unlimited number of customized watchlists
  11. Different types of orders such as Gtt, Limit order, Market order, Stop-loss order, Basket order etc.
  12. Receive real-time market feeds to stay on top of your scrips
  13. Access predefined watch-list of Nifty 50, FINNifty and other indices
  14. Biometric (fingerprint and Face ID – iOS) 2FA for seamless logins and better security
  15. Invest in ETF’s, Gold, SIP’s in Mutual Funds, and lot more options such as third party integration smallcase, sensibull, tickertape, streak, Stratzy, Thematic Investment, Swing Trader, Sentinel, Refinitiv, etc.

 

Conclusion -:

I hope the above list of 5 Best trading platform for options in India 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.

So go ahead and open the best trading and demat account of your choice.

Having said that Dhan is any day my favorite stock broker while comparing with others.

Open Dhan Free Trading/Demat/Mutual Fund account online within minutes and start investing and trading in stocks, FNO, Commodity, Currency, ETF, SGB, IPO, Gold and many more Products..

At last if you are thinking why I did not spoke about margin or leverage with any above stockbrokers, it is because of SEBI Rules on Intraday margin every stockbroker is giving same margin in every segment throughout India, hence this does not matter anymore.

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