Lowest Brokerage Charges in India

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Lowest Brokerage charges are something that every trader, whether a newbie or an experienced hotshot, wants. Of course, they want it with reasonable quality services, trading platforms, margin and what not.

Although there are a very limited set of brokers, who can actually provide you with all that, the good part is – yes, there is a set of such brokers in India.

Let’s have a quick look at these lowest brokerage charges in India apart from the overall value they provide to your trading experience.

Lowest Brokerage Charges Review

A few years back, stock broking in India comprised primarily of Full-Service brokers which made trading a high-cost affair. Thus, people used to be hesitant to enter into trading assuming most of their profits will be eaten up by the broker itself. However, in the recent few years, the dynamics of the stockbroking industry have changed with the introduction of discount brokers.

These type of brokers have hit the right spot by countering that age-old problem of high brokerage charges. Some of these discount brokers charge some of the lowest brokerage charges in India.

You can check out some of the top discount brokers in India with a detailed review here.

These discount brokers primarily charge a fixed brokerage at per trade level or provide a fixed charge at a periodic (daily, monthly or yearly) level. This brokerage has nothing to do with:

  • The monetary value of the placed transaction
  • Number of transactions done over a period of time

Lowest Brokerage Charges List

Here is the list of the

1. 5Paisa

5paisa5Paisa offers brokerage and other charges as follows:

  • Offers one of the lowest brokerage charges with straightforward pricing at ₹10 per executed order across segments
  • First 5 Trades for Free
  • One thing that differentiates 5Paisa from other brokers is that it has the backing of India Infoline, a trustable name in the stockbroking space in India.
  • If you start by adding ₹50k to your trading account, this discount broker levies of the account opening charges of ₹400 and annual maintenance charges of ₹250 for the first year. Click here to get a Callback!

Check out this 5Paisa Brokerage Calculator for complete understanding.

Here are the 5Paisa transaction charges:

You can read this review in Hindi as well.


2. Zerodha

Zerodha brokerage charges are as follows:

  • ₹0 for Equity delivery
  • 0.01% or ₹20 per executed trade whichever is lower for any other trading segment
  • The maximum brokerage irrespective of your trade value will always be ₹20
  • Free Mutual fund investments

Check out this Zerodha Brokerage Calculator for complete understanding.

Here are the Zerodha transaction charges:


3. Angel Broking

Best Stock Brokers for Options Trading Angel Broking

When it comes to Angel Broking, although, it is positioned as a full-service stockbroker, it has recently pivoted towards flat-brokerage rates across trading segments.

Earlier, it used to charge a percentage commission based on your trading turnover. However, now the broker has come up with a couple of simple brokerage plans, as listed below:

  • ₹15 per executed order if your trading turnover is equal to or less than ₹50k
  • ₹30 per executed order if your trading turnover is more than ₹50k
  • Free Stock market research, tips and recommendations provided on a regular basis.
  • Free Demat account if you open your account through A Digital Blogger

Feel free to check out this Angel Broking Brokerage Calculator for further reference. Looking at the pricing, they now easily made this list of low brokerage charges in India.

Also, here are the details on Angel Broking Transaction Charges:


4. SAS Online

SAS Online brokerage charges are as follows:

  • ₹9 or 0.01% per executed order
  • A fixed monthly charge of ₹999 for Equity trading
  • A fixed monthly charge of ₹999 for Commodity trading
  • A fixed monthly charge of ₹499 for Currency trading
  • Call and Trade charges are ₹20 per executed order

Check out this SAS Online Brokerage Calculator for complete understanding.

Here are the SAS Online transaction charges:


5. My Value Trade

My Value Trade brokerage charges are as follows:

  • ₹10 per executed order
  • A fixed monthly charge of ₹1000 for trading across segments
  • A fixed yearly charge of ₹10000 for trading across segments
  • Call and Trade charges are ₹20 per executed order

Check out this My Value Trade Brokerage Calculator for complete understanding.

Here are details on the My Value Trade transaction charges:


6. Finvasia

Finvasia brokerage charges are as follows:

Finvasia does not charge based on the transaction. Instead, this discount broker charges you based on the trading platform you use for your trading. Here are the details:

  • NEST: ₹149 per segment, ₹99 bracket order Premium Plan – ₹777 all segments, ₹0 bracket order.
  • AMI Broker: ₹299 per month for unlimited trading across segments.
  • Presto: ₹1599 per month (license cost extra) for unlimited trading across segments.

Here are the Finvasia transaction charges:

 


7. Prostocks

Prostocks brokerage charges are as follows:

  • ₹15 per executed order
  • ₹899 per month for Unlimited Trades across Equity & Equity Derivatives
  • ₹499 per month for Unlimited Trades across Currency Trading

Check out this Prostocks Brokerage Calculator for complete understanding.

Here are the Prostocks transaction charges:

 


8. Upstox

Upstox

Upstox brokerage charges are as follows

  • ₹20 per executed order or 0.01% of your turnover (whichever is lower)
  • Free Delivery trades
  • Call and Trade charges are ₹20 per executed order

Check out this Upstox Brokerage Calculator for complete understanding.

Here are the Upstox transaction charges:


Lowest Brokerage Charges Conclusion

While we wrap up this review on the lowest brokerage charges in India, this needs to be known that discount broking industry is way more dynamic than its full-service counterparts. This dynamism comes in the form of their trading platforms, margin trading, order types etc.

Thus, it is adviced that you always stay on your toes and keep looking for any new offering the broker may have to offer.

As far as the brokerage is concerned, is definitely negligible in comparison to what is being charged by full-service stockbrokers.


Also Read: Check out some of the latest offers and deals from top stock brokers in India.

Still, have more questions to get clarified? Why don’t you send your details and we will arrange a Free call back for you!

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