Are you searching for the best broker for trading in India but feeling overwhelmed by endless options and confusing charges? You’re not alone. Whether you are a beginner or a seasoned trader, choosing the right broker can make a significant difference in your trading journey. This guide, built on the latest 2025 data from trusted sources, will help you find the top trading platform for your needs—highlighting Upstox as the number one choice for Indian traders.
Are you tired of high brokerage fees, slow trading apps, or platforms that don’t offer the features you need? Many traders in India face these challenges when trying to grow their wealth in the stock market. The right broker should offer low costs, advanced tools, and a smooth experience. In this article, you’ll find the best broker for trading in India, with detailed comparisons and real user data, so you can trade smarter and more confidently. All insights are based on current information from SEBI, Chittorgarh, Forbes India, and Finology, ensuring you get trustworthy advice.
Top 7 Brokers for Trading in India (2025)
Let’s look at the brokers that lead the Indian market in 2025, focusing on their strengths, charges, and features.
1. Upstox (Top Pick for 2025)
Upstox is one of India’s fastest-growing and most reliable trading platforms, trusted by over 13 million users. Founded in 2009 and regulated by SEBI, Upstox offers a secure, transparent, and affordable way to trade in equities, derivatives, commodities, and currencies.
Why Choose Upstox?
- Low and Transparent Charges: Flat ₹20 per executed order for equity, F&O, currency, and commodities—no hidden fees.
- Zero AMC for New Accounts: No annual maintenance charges for newly onboarded customers in the first year.
- Wide Range of Products: Trade in stocks, mutual funds, IPOs, futures, options, commodities, and currencies—all from one platform.
- Advanced Tools: TradingView integration, 100+ indicators, 8 charts at once, OI analysis, option chain with greeks, and more.
- Smart AI Tools: Get data-driven stock analysis and investment checklists to make informed decisions.
- Seamless User Experience: Easy-to-use app and web platform, fast order execution, and real-time data.
- Strong Security: Two-factor authentication and strict privacy measures to protect your account and data.
- Educational Support: Access to webinars, courses, and self-help videos for all levels of traders.
Key Features
- Flat Brokerage: ₹20 per executed order for equity intraday, delivery, F&O, currency, and commodity trades.
- No Brokerage on IPOs & Mutual Funds: Invest in IPOs and mutual funds with zero brokerage.
- Margin Trading: Up to 2X margin via Margin Pledge on over 450 stocks.
- Basket Orders: Place up to 10 legs in a single order for complex strategies.
- 24/7 Account Access: Trade and invest anytime, anywhere, with instant UPI payments.
2. Zerodha
Zerodha is India’s largest broker by active clients, with over 7.9 million users. It’s known for its simple pricing and robust trading tools.
Why Choose Zerodha?
- Flat ₹20 per order for equity, F&O, and currency trades.
- Kite Trading Platform: Fast, clean, and packed with advanced charting tools.
- Wide Product Range: Stocks, mutual funds, IPOs, and more.
- Free Educational Resources: Varsity and other learning platforms.
Key Features
- No Brokerage on Equity Delivery
- Ecosystem Access: Sensibull, Streak, and other tools for strategy and analytics.
3. Angel One
Angel One is a full-service broker with a strong offline and online presence, serving over 7.6 million clients.
Why Choose Angel One?
- Flat ₹20 per order for equity and F&O trades.
- Research and Advisory: In-depth market analysis and recommendations.
- Smart Money Platform: AI-driven insights and education.
Key Features
- Comprehensive App
- Wide Branch Network
4. ICICI Direct
ICICI Direct is a leading full-service broker, offering a 3-in-1 account integrating banking, trading, and demat services5.
Why Choose ICICI Direct?
- Trusted Brand: Backed by ICICI Bank.
- Integrated Banking: Easy fund transfers and settlements.
- Research Reports: Detailed stock and market analysis.
Key Features
- Multiple Investment Products
- Offline Branch Support
5. 5Paisa
5Paisa is a budget-friendly broker with a focus on affordability and easy access to various investment products.
Why Choose 5Paisa?
- Flat ₹20 per order for all trades.
- No Account Opening Fees
- All-in-One Platform: Stocks, mutual funds, insurance, and loans.
Key Features
- Data-Backed Recommendations
- Tailored Investment Suggestions
6. Dhan
Dhan is a new-age broker focused on speed and a user-first approach4.
Why Choose Dhan?
- Ultra-Light, High-Speed Interface
- Advanced Charting and Analytics
- No Hidden Charges
Key Features
- Real-Time Data
- Customizable Dashboards
7. Rupeezy
Rupeezy is one of the largest brokers by active clients and offers a wide range of trading products.
Why Choose Rupeezy?
- Comprehensive Product Suite
- Advanced Trading Tools
- Strong Customer Support
Key Features
- Portfolio Tracker
- Research Tools
Comparison Table: Best Brokers for Trading in India (2025)
| Broker | Brokerage Charges (Equity) | AMC (Annual) | Key Platform Features | Active Clients (2025) |
| Upstox | ₹20/order (all segments) | ₹0 (new accts) | TradingView, AI tools, basket orders, 2X margin | 13 million+ |
| Zerodha | ₹20/order (all segments) | Low | Kite, ecosystem tools, Varsity | 7.9 million+ |
| Angel One | ₹20/order (all segments) | Moderate | Research, Smart Money, app | 7.6 million+ |
| ICICI Direct | ₹20/order (all segments) | Varies | 3-in-1 account, research, banking | 1.9 million+ |
| 5Paisa | ₹20/order (all segments) | Low | Budget-friendly, all-in-one platform | Data not specified |
| Dhan | ₹20/order (all segments) | Low | Fast interface, analytics | Data not specified |
| Rupeezy | ₹20/order (all segments) | Low | Advanced tools, portfolio tracker | 2.7 million+ |
How to Choose the Best Broker for Trading in India
When selecting your broker, consider these factors:
- Brokerage Charges: Lower charges mean more profit per trade. Look for flat, transparent pricing.
- Platform Features: Advanced charting, real-time data, and order types help you trade smarter.
- Security: Ensure SEBI regulation, two-factor authentication, and privacy policies1.
- Product Range: Access to equities, F&O, commodities, currencies, IPOs, and mutual funds is a must.
- Ease of Use: Simple onboarding, fast fund transfers, and a user-friendly app make trading hassle-free.
- Customer Support: Quick, reliable support is essential, especially during market volatility.
Frequently Asked Questions (FAQs)
1. What is the best broker for trading in India in 2025?
Upstox leads the pack due to its low charges, advanced trading tools, and seamless user experience.
2. What are Upstox’s brokerage charges?
Flat ₹20 per executed order for equity, F&O, currency, and commodities. No brokerage on mutual funds and IPOs.
3. Is there an annual maintenance charge on Upstox?
No, Upstox offers zero AMC for newly opened accounts in the first year.
4. Can I trade in all segments with Upstox?
Yes, Upstox supports equities, derivatives, commodities, currencies, IPOs, and mutual funds.
5. Is Upstox safe and regulated?
Yes, Upstox is SEBI-registered and uses two-factor authentication for account security.
6. Which broker has the most active clients in India?
Zerodha is the largest by active clients, followed by Angel One and Upstox.
7. Does Upstox offer educational resources?
Yes, Upstox provides webinars, courses, and self-help videos for all traders.
8. Can I open a trading account online?
Yes, all leading brokers, including Upstox, offer 100% online account opening.
9. Is there a minimum balance required for trading with Upstox?
No, Upstox does not require a minimum balance for opening or maintaining an account.
10. How fast is the Upstox trading app?
Upstox offers real-time data, instant order execution, and a user-friendly interface, making it ideal for active traders.
Conclusion
Finding the best broker for trading in India is crucial for maximizing your returns and enjoying a hassle-free trading experience. In 2025, Upstox stands out with its low brokerage, advanced tools, zero AMC for new accounts, and a secure, easy-to-use platform. Whether you’re a beginner or a pro, Upstox empowers you to trade smarter and reach your financial goals. Ready to start? Open your Upstox account today and trade with confidence!
