Best Brokers with Bracket Order in India: Top Picks for Smart Traders

Are you searching for the best brokers with bracket order features to maximize your trading potential? In today’s fast-paced stock market, using advanced order types like bracket orders can help you manage risk and automate profits. But with so many brokers in India, how do you choose the right one?

This guide breaks down the top brokers offering bracket orders, highlights their features, and explains stands out as the leading choice for traders in 2025. Whether you’re a beginner or a seasoned investor, you’ll find clear, up-to-date information to make an informed decision.

What Is a Bracket Order and Why Does It Matter?

A bracket order is a unique and powerful intraday trading tool designed to help traders manage both their profits and losses automatically within a single trade. When you place a bracket order, you are essentially “bracketing” your trade with two additional orders target order (to book your profits) and a stop-loss order (to limit your losses). Here’s how it works in practice:

Suppose you want to buy a stock at ₹100. With a bracket order, you can simultaneously set a target price-say, ₹105-where you want to sell and take your profit, and a stop-loss-say, ₹98-to automatically exit if the price goes against you. Once you enter the trade, the system keeps track of both these levels. If the stock moves up and hits your target, the system will execute the sell order at ₹105 and immediately cancel the stop-loss order. If the stock drops to ₹98 instead, the stop-loss order will trigger, and the target order will be cancelled. This automation ensures that you don’t have to constantly monitor the market, as your exit strategy is already in place.

Bracket orders are especially beneficial for active intraday traders who need to make quick decisions and want to minimize emotional trading. By setting both a profit target and a stop-loss in advance, traders can stick to their trading plan, avoid impulsive decisions, and manage risk more effectively. The system’s automatic cancellation of the opposite order also prevents accidental double trades or overexposure. Additionally, many brokers offer the option to add a trailing stop-loss within bracket orders, which means your stop-loss level can move up as the price moves in your favor, locking in more profits while still protecting you from sudden reversals.

 Bracket orders help traders automate their exits, maintain discipline, and manage risk efficiently. This makes them a popular choice for anyone looking to trade actively and systematically in the fast-moving Indian stock market.

Top 10 Brokers with Bracket Order in India (2025)

Here’s a quick look at the top brokers offering bracket orders in India, based on the number of active clients and features:

Upstox Securities Private Limited

Established: 2011
Active Clients (2025): 27,89,896
Upstox is one of India’s leading discount brokers, renowned for its user-friendly digital platform and flat-fee structure. With bracket order functionality available for equity, F&O, and commodities, Upstox appeals to both beginners and active traders seeking automation and risk management. The broker charges a simple flat fee of ₹20 per trade across all segments, ensuring cost transparency. Clients benefit from fast, paperless account opening, advanced charting and analytics tools, and instant withdrawals via IMPS. Upstox also supports free equity delivery and robust security with 2FA. While it does not offer percentage-based brokerage or offline branches, its seamless mobile and web platforms and instant digital services make it a top choice for modern traders. 

Zerodha Broking Limited

Established: 2010
Active Clients (2025): 79,57,128
Zerodha is India’s largest stockbroker, popular for its low-cost trading and the innovative Kite platform. It offers bracket order for equity and F&O, with a flat ₹20 or 0.03% per order, whichever is lower. Zerodha provides free equity delivery, advanced analytics, and a user-friendly experience. However, it does not support bracket orders for commodities and lacks unlimited monthly trading plans. Zerodha’s strengths lie in its vast user base, reliable platforms, and direct mutual funds, making it a trusted choice for cost-conscious traders.

HDFC Securities Ltd.

Established: 2000
Active Clients (2025): 14,88,982
HDFC Securities is a leading full-service broker and a prominent commodity broker in India. It offers bracket order for stocks and derivatives, along with full-service support, in-depth research, and advisory services. Clients receive personalized relationship management and access to multiple trading platforms. While HDFC Securities charges higher brokerage compared to discount brokers, its comprehensive services and research make it suitable for investors seeking guidance and support.

Kotak Securities Limited

Established: 1994
Active Clients (2025): 14,91,998
Kotak Securities stands out as a full-service broker with strong research capabilities and a trusted brand reputation. It provides bracket order support for equity and derivatives, a wide product range, and personalized relationship management. The brokerage is percentage-based and generally higher than discount brokers, but the added value comes from advisory services and robust customer support.

Sharekhan by BNP Paribas

Established: 2000
Active Clients (2025): 10,19,877
Sharekhan is a top full-service broker known for robust trading platforms and advanced order types, including bracket orders for stocks and F&O. It offers comprehensive research, advisory, and full-service support to clients. While brokerage charges are higher, Sharekhan’s blend of technology and personalized services appeals to investors who value expert guidance and advanced trading tools.

Comparison Table: Top Brokers with Bracket Order (2025)

Advantages and Disadvantages of Bracket Orders

Advantages of Bracket Orders

• Automated Risk Management: Bracket orders allow traders to set both a profit target and a stop-loss in a single order. This automation helps manage risk efficiently, as the system will automatically exit your position at the predefined levels, reducing the need for constant market monitoring.
• Time Efficiency: By placing entry, target, and stop-loss orders together, traders save time and minimize manual errors. This is especially useful in volatile markets where prices move quickly.
• Emotional Discipline: Bracket orders remove emotional decision-making from trading. Since the exit points are defined in advance, traders are less likely to make impulsive decisions driven by fear or greed.
• Profit Protection: The inclusion of a trailing stop-loss feature in many bracket orders allows traders to lock in profits as the market moves in their favor, adjusting the stop-loss automatically.
• Structured Approach: Bracket orders promote a disciplined and structured trading strategy, as both risk and reward are clearly defined before entering a trade.
• Reduced Monitoring: Once a bracket order is placed, the system handles exits automatically, freeing traders from having to track the market continuously during the trading session.

Disadvantages of Bracket Orders

• Limited Flexibility: After the main order is executed, most brokers do not allow modification of the target or stop-loss. This lack of flexibility can be restrictive, especially in rapidly changing or volatile markets.
• Execution Risk: In highly volatile or illiquid markets, stop-loss or target orders may not execute at the expected price due to slippage, potentially leading to larger losses or missed profits.
• Complexity for Beginners: Setting up multiple conditions (entry, target, stop-loss) can be confusing for new traders, increasing the risk of errors.
• Intraday Only: Bracket orders are typically available only for intraday trades. Positions must be squared off by the end of the trading day, and they are not applicable for delivery trading or certain segments like options and currencies.
• Over-Reliance on Automation: Depending solely on automated bracket orders can lead traders to neglect ongoing market analysis, making it harder to adapt strategies when market conditions change.
• Not Universally Available: Not all brokers or platforms offer bracket order functionality, limiting access for some traders.
• Potential for Unintended Triggers: Bracket orders can be triggered by short-term price fluctuations, leading to premature exits from positions.

Bracket orders offer strong risk management and automation benefits for intraday traders but come with limitations in flexibility, execution, and applicability. 

How to Choose the Best Broker with Bracket Order

When selecting the best broker with bracket order features, it’s important to weigh several key factors to ensure you make an informed decision.

•  First, consider the brokerage charges brokers offer a flat fee per trade, which is cost-effective for high-frequency traders, while others use a percentage-based model that may suit those who trade less frequently or with smaller amounts. 
• Next, check bracket order availability across different segments such as equity, F&O (Futures & Options), and commodities, since not all brokers provide this order type for every segment.
• Platform usability is another crucial aspect; a broker should offer a seamless trading experience across mobile, web, and desktop platforms, making it easy to place and monitor bracket orders wherever you are. Decide whether you need a full-service broker or a discount broker-full-service brokers provide research, advisory, and personalized support, which can be valuable if you require guidance, while discount brokers focus on low-cost, self-directed trading.
• If you are interested in commodities, look for a commodity broker in India (full-service brokers) that supports MCX trading and offers bracket order functionality for commodities. 

Finally, consider the active client base of the broker; a larger number of active clients often indicates better platform reliability, customer support, and overall trustworthiness in the market. By carefully evaluating these factors, you can choose a broker that best fits your trading style and objectives.

Frequently Asked Questions (FAQs)

Conclusion: Why Upstox Is the Best Broker with Bracket Order

Selecting the appropriate broker with bracket order capabilities can enhance both the safety and profitability of your trading. In 2025, Upstox is notable for its: 

• Flat  brokerage is applicable to all segments 
• Bracket order options for equity, F&O, and commodities 
• Quick, digital account setup 
• Sophisticated, user-friendly platforms 
• A large base of satisfied clients 

Whether you’re a novice investor or an experienced trader, Upstox provides an ideal mix of affordability, technology, and dependability. Are you prepared to elevate your trading experience? Start your Upstox account today and discover the advantages of bracket orders!