Best Brokerage Rates in India for 2025: Compare the Top 10 Trading Apps

Trading on the stock market has become a new way for many individuals to earn a side income. However, the rise of numerous stockbrokers has added to an investor’s confusion about which one to pick. This is where the brokerage rates offered by these brokers come to the fore. Many stockbrokers also provide a zero brokerage Demat account for traders to help them start their journey in the stock market. But to zero in on which broker to choose, you should know what the different stockbrokers or share trading apps are offering when it comes to brokerage rates. 

Since the use of trading apps has become increasingly popular, here is a comparison of the top 10 trading apps when it comes to offering the best brokerage rates.

Bajaj Broking

• Seamless way to open a free Demat account on the go
• App various various tailormade brokerage plans

• Brokerage starts for as low as ₹50 per order
• With their zero brokerage Demat account, traders gain access to expert advice and research tools
• The app also provides customized notifications and app alerts

Zerodha

• Can open a free Demat and trading account easily
• Provides access to investments in stocks like ETFs, IPOs, gold bonds etc at zero brokerage
• Produces tax-ready reports to help traders tax returns on the app itself easily
• Provides free access to other Zerodha products like Tijori, Streak, etc.

Angel Broking

• Helps traders open a free Demat account through the app itself with a paperless KYC process
• ₹0 to ₹500 brokerage for the first 30 days. Post the 30 days or consumption of the entire ₹500, charges fall to a lower of ₹20 or 0.1%/order for stock investments 
• For intraday trading ₹0 to ₹500 brokerage for the first 30 days. Then lower of ₹20 or 0.03% for stock investments 
• For Futures and Options, ₹0 to ₹500 brokerage for the first 30 days then ₹20/order.

Groww

• Traders can open a Demat account for free with zero AMC and no hidden charges
• On equity trading, brokerage charges stand at ₹20 or 0.01% per order, whichever is low, with a minimum of ₹2.
• On Futures and Options, brokerage charges stand at ₹20 per order
• On pledges, brokerage charges stand at ₹20 per ISIN for pledge or unpledge order 

UpStox

• Provides Demat accounts to traders with ₹0 AMC or account maintenance charges
• Traders enjoy ₹0 brokerage on Mutual Funds and IPOs
• Brokerage charges of ₹20 or 0.05% or whichever is less, per order, are levied on Equity, Futures And Options, Commodity and Currency trading
• A maximum of ₹20 is levied on equity delivery per order 

IndMoney

• Traders can open a Demat account free of cost with ₹0 account maintenance charges
• Brokerage charges of 0.05% of order value or ₹20, whichever is less, per equity order
• Brokerage charges of ₹20 in Futures and Options trading per order
• Brokerage charges of ₹0 per pledge order and ₹20 + GST per ISIN per request for unpledge order 

Dhan

• Provides a free Demat account to traders with ₹0 AMC and platform fees
• Brokerage charges of ₹0 for equity delivery, IPOs, ETFs and Mutual Funds 
• ₹20 or 0.03% brokerage charges of trade value per order, whichever is lower, in intraday equity trading and all Futures trading. 
• Brokerage charges of ₹20 for all segment options per order

HDFC Sky

• Provides Demat account free of opening charges
• Brokerage charges of ₹20 or 2.5% of trade value, whichever is lower, per delivery, intraday, derivate futures intraday, currency futures intraday and commodity futures intraday. 
• Brokerage charges of ₹20 per order in derivate options intraday, currency options intraday, commodity options intraday   

Kotak Neo

• Brokerage charges are dependent on the subscription plan picked
• ₹0 brokerage for stock investments, ₹10 for futures and options and intraday trades, ₹0 AMC in the Trade Free Youth Plan
• ₹10 for futures and options and intraday trades in Trade Free Plan

5Paise

• Provides Demat account free of charge to traders
• Brokerage charges of ₹20 for all trades

Conclusion

There are many zero brokerage demat accounts that traders can choose from when they are looking to opt for a new stockbroker. However, it is important to gauge all the charges involved in the trades before they zero in on the stockbroker and their share trading app to begin their trading journey with to ensure that the brokerage charges do not eat into their potential profits.