Are you searching for the best brokerage account in India but feel overwhelmed by endless options, confusing charges, and flashy promises? You’re not alone. Choosing the right brokerage account is crucial for every investor and trader, whether you’re just starting or already experienced. This article breaks down the top choices for 2025, focusing on transparent costs, features, and user experience, with Upstox leading the list for its unbeatable value and robust platform.
Do you worry about hidden charges eating into your profits or struggle to find a platform that’s both easy to use and affordable? The right brokerage account can make investing hassle-free and more profitable. In this guide, you’ll discover the best brokerage account in India for 2025, with a clear comparison of top brokers, their charges, and features. All data is sourced from the latest updates on Chittorgarh, Forbes India, and Finology, ensuring you get accurate and reliable advice.
Top Brokerage Accounts in India (2025)
Below are the leading brokerage accounts in India for 2025, ranked by cost, technology, and user satisfaction.
1. Upstox (Top Pick for 2025)
Upstox is one of India’s most trusted discount brokers, offering a 2-in-1 trading and demat account. SEBI-registered and backed by industry leaders, Upstox provides access to equity, F&O, commodities, and currencies—all from a single, easy-to-use platform.
Why Choose Upstox?
- Flat ₹20 per executed order for equity delivery, intraday, F&O, and currency trades—no hidden fees.
- Zero account opening and maintenance charges for the first year, making it one of the most affordable options.
- No brokerage on IPOs and mutual funds, helping you invest without extra costs.
- Advanced trading tools: In-house built web and mobile platforms, TradingView integration, and real-time analytics.
- Margin Trading Facility (MTF): Up to 4X leverage on equity delivery, with competitive interest rates and easy activation.
- Quick online account opening: Get started in minutes, fully paperless.
- Strong customer support: Multiple channels, including phone, email, and live chat.
Key Features
- Equity Delivery: ₹20 per executed order or 2.5% (whichever is lower)
- Equity Intraday: ₹20 per executed order or 0.05% (whichever is lower)
- Equity Futures: ₹20 per executed order or 0.05% (whichever is lower)
- Equity Options: Flat ₹20 per executed order
- Currency & Commodities: ₹20 per executed order or 0.05% (whichever is lower)
- DP Charges: ₹18.5 per scrip (only on sell)
- Margin/Leverage: Up to 5x on intraday; up to 4x on delivery via MTF
- App Ratings: Android 4.4/5, iOS 4.4/5; 10M+ downloads
2. Zerodha
Zerodha is India’s largest broker by active clients, known for its flat fee structure and robust Kite platform.
Why Choose Zerodha?
- Zero brokerage on equity delivery and flat ₹20 or 0.03% per executed order for intraday, F&O, and commodities.
- Kite trading platform: Fast, reliable, and full of advanced features.
- Strong educational resources: Varsity, webinars, and more.
Key Features
- Equity Delivery: Free
- Intraday/F&O/Commodities: ₹20 or 0.03% (whichever is lower) per order
- Annual Maintenance: ₹300
- App Ratings: Android 4.1/5, iOS 4.3/5; 10M+ downloads
3. Groww
Groww is a user-friendly broker popular among new investors for its simple interface and competitive pricing.
Why Choose Groww?
- Zero brokerage for delivery-based trades, and ₹20 per order for intraday and F&O.
- Simple onboarding: 100% digital, quick KYC.
- App focused: Clean, easy-to-use, and highly rated.
Key Features
- Equity Delivery: Free
- Intraday/F&O: ₹20 per order
- Annual Maintenance: Free
- App Ratings: Android 4.3/5, iOS 4.5/5; 10M+ downloads
4. Angel One
Angel One is a full-service broker with a strong presence and a wide range of investment options.
Why Choose Angel One?
- Flat ₹20 per executed order for most trades.
- Comprehensive research and advisory services.
- Multiple plan options for different trading styles.
Key Feature
- Equity Delivery: ₹20 per executed order or 0.25%, whichever is lower
- Intraday/F&O: ₹20 per executed order or 0.35%, whichever is lower
- Annual Maintenance: ₹240 + tax
- App Ratings: Android 4.3/5, iOS 4.3/5; 10M+ downloads
5. 5paisa
5paisa is a discount broker known for its affordable flat-fee plans and free research/advisory.
Why Choose 5paisa?
- Flat ₹20 per executed order for all segments.
- No account opening charges and integrated research/advisory.
- All-in-one platform for stocks, mutual funds, and more.
Key Features
- Equity Delivery/Intraday/F&O: ₹20 per order
- Annual Maintenance: Nominal
- App Ratings: Android 4.3/5; 10M+ downloads
Comparison Table: Best Brokerage Accounts in India (2025)
| Broker | Equity Delivery | Intraday | F&O | AMC (Year 1) | Margin/Leverage | App Rating (Android) | Key Features |
| Upstox | ₹20/order or 2.5% (lower) | ₹20/order or 0.05% (lower) | ₹20/order or 0.05% (lower) | ₹0 | Up to 5x/4x (MTF) | 4.4 | TradingView, MTF, fast onboarding |
| Zerodha | Free | ₹20/order or 0.03% (lower) | ₹20/order or 0.03% (lower) | ₹300 | Up to 5x | 4.1 | Kite, Varsity, robust analytics |
| Groww | Free | ₹20/order or 0.05% (lower) | ₹20/order or 0.05% (lower) | Free | Up to 5x | 4.3 | App-first, easy KYC |
| Angel One | ₹20/order or 0.25% (lower) | ₹20/order or 0.35% (lower) | ₹20/order or 0.35% (lower) | ₹240 + tax | Up to 5x | 4.3 | Research, advisory, plans |
| 5paisa | ₹20/order | ₹20/order | ₹20/order | Nominal | Up to 5x | 4.3 | Flat fee, research, all-in-one |
How to Choose the Best Brokerage Account in India
- Brokerage Charges: Look for flat, transparent pricing with no hidden costs.
- Account Maintenance: Prefer brokers with zero or low annual maintenance fees.
- Platform Features: Fast execution, advanced charting, and easy fund transfer matter for active traders.
- Margin/Leverage: Higher leverage can help active traders, but use it wisely.
- Support & Education: Good customer support and educational resources are crucial, especially for beginners.
- App Experience: High ratings and downloads indicate a reliable, user-friendly app.
Frequently Asked Questions (FAQs)
1. Which is the best brokerage account in India in 2025?
Upstox stands out for its low charges, advanced tools, and seamless user experience.
2. What are Upstox’s brokerage charges?
Flat ₹20 per executed order for equity, F&O, currency, and commodities, or a lower percentage for small trades.
3. Is there an account maintenance charge on Upstox?
No, Upstox offers zero AMC for the first year.
4. Does Upstox offer margin trading?
Yes, Upstox offers up to 4x leverage on delivery via Margin Trading Facility (MTF).
5. Can I open a brokerage account online?
Yes, Upstox and all leading brokers offer fully digital account opening.
6. What is the minimum balance for Upstox?
There is no minimum balance required to open or maintain an account.
7. Is Upstox safe and SEBI-registered?
Yes, Upstox is SEBI-registered and follows all regulatory guidelines.
8. Does Upstox provide research and advisory?
Upstox offers basic research tools and analytics, but not full-service advisory.
9. Are there hidden charges with Upstox?
No, all charges are transparent and listed on their website.
10. How do Upstox app ratings compare to competitors?
Upstox’s app is highly rated (4.4/5 on Android) and has over 10 million downloads.
Conclusion
Choosing the best brokerage account in India is key to successful, cost-effective investing and trading. In 2025, Upstox leads with its flat ₹20 per order pricing, zero AMC for the first year, advanced tools, and a platform trusted by millions. Other top brokers like Zerodha, Groww, Angel One, and 5paisa also offer strong value, but Upstox stands out for its transparency, features, and customer support. Ready to start? Open your Upstox account today and experience the benefits of smart, affordable investing!
