Top 5 stock brokers in India.
If you find who is best brokers in Indian this article for you.
Some term we discuss first then I start article
Full time broker and discount broker
Full time broker are those broker which provide full service mean advisory service but charges of full time broker slightly higher as compare discount broker
Discount broker are those broker which not any provide any advisory service but charges is very low.
Some stock market term
Intraday vs delivery
Intraday – The trade which is taken within the day and sell on the same day is called intraday.
Delivery – Buy any stock and keeping him in your demat account for more than 1 day is called delivery.
Top 10 best broker in India
01 Zerodha
Nithin kamanth and Nikhil kamanth is the founder of zerodha. Headquarter of zerodha in Bangalore. Zerodha was started in 2010 , download of zerodha 1 crore + and active user of zerodha 63,93,992. Brokerage charges of zerodha
01 Delivery – Zero charges
02 Intraday – Rs 20 per trade
03 Future & option – Rs 20
04 Mutual fund – Zero charges
Account opening fees in zerodha
Equity – Rs 200 & Commodity – Rs 100
AMC ( Annual maintenance charges)
Holding below 50k – zero charges
Holding 50k – 2lakh – 100+ 18% GST
Above 2 lakh – 300 + 18% GST
02) Groww
Lalit keshre is the founder of Groww. Headquarter of Groww in Bangalore
Groww was started in 2016 , download of Groww 1 crore + and active user of Groww 5,436,938. Brokerage charges of groww
01 Delivery – Rs 20 charges
02 Intraday – Rs 20 per trade
03 Future & option – Rs 20
04 Mutual fund – Zero charges
Account opening fees Groww is zero.
AMC ( Annual maintenance charges) is also zero
03) Angle one
Dinesh D Takhar was the founder of angle one headquarter of angle one in Karol bagh (New Delhi).
Angle one was started in 1996 .it is full service btoker , download of Angle one 1 crore + and active user of angle one 4,319,684. Brokerage charges of Angle one
01 Delivery – Zero charges
02 Intraday – Rs 20 per trade
03 Future & option – Rs 20
04 Mutual fund – Zero charges
Account opening fees is zero. 1st year 0 AMC then
AMC ( Annual maintenance charges)
Holding below 50k – zero charges
Holding 50k – 2lakh – 100+ 18% GST
04) Upstox
Ravi Kumar, Shrini Viswanath and Kavitha Subramanian is the founder of upstox, headquarter of upstox in Mumbai.
Upstox was started in 2009 , download of upstox 1 crore + and active user of upstox 2,800,000 . Brokerage charges of upstox
01 Delivery – Zero charges
02 Intraday – Rs 20 per trade
03 Future & option – Rs 20
04 Mutual fund – Zero charges
Account opening charges of Upstox is free
AMC ( Annual maintenance charges)
Holding below 50k – zero charges
Holding 50k – 2lakh – 150+ 18% GST
05) Paytm Money
Vijay shekhar Sharma is the founder of Paytm money, head office of Paytm money in Bangalore.
Paytm money was started in 2017, download of paytm money 1 crore + and active user of Paytm money 6,44,125 Brokerage charges of Paytm money
01 Delivery – Rs 20 per trade
02 Intraday – Rs 20 per trade
03 Future & option – Rs 20
Account opening fees of Paytm money is free
AMC ( Annual maintenance charges) is Zero.
Paytm money charges Rs 30 per month.
Top 5 stock broker in india
in my point if you are interested in stock market choose zerodha because zerodha easy to use as compared to other you easily understand
F&Q
Who is the No 1 stock broker in India?
Zerodha is the no. 1 stock broker in India.
Which is India’s No 1 demat account?
Zerodha is the india number 1 demat account.zerodha have 65 lakh + active user
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