Are you struggling to find the best stockbroker for BTST (Buy Today, Sell Tomorrow) trades in India? Do you want to avoid high fees, settlement hassles, and missed opportunities? If you’re a trader looking to profit from short-term price movements, choosing the right BTST broker is crucial. This guide will help you discover the top BTST brokers in India for 2025, compare their features ,and charges.
BTST trading is a popular strategy that lets you buy stocks today and sell them the next trading day, before the shares are delivered to your demat account. In India’s T+1 settlement cycle, this approach helps you capture quick gains from price changes without waiting for delivery. But not all brokers offer smooth BTST trades, and many charge high fees or have hidden risks. This article lists the best BTST brokers in India, explains the rules, and compares the latest charges and features so you can trade smarter and safer.
What is BTST, and Why Does Your Broker Matter?
BTST brokers are stockbrokers in India that offer the facility for traders to execute Buy Today, Sell Tomorrow (BTST) trades. BTST is a popular trading strategy where you buy shares on one day and sell them the next trading day, before the shares are credited to your demat account. This approach allows traders to take advantage of short-term price movements without waiting for the shares to be delivered.
Who Should Use BTST Brokers?
BTST brokers are best for active traders who:
- Want to profit from overnight price changes
- Need urgent liquidity
- Prefer not to wait for share delivery
How BTST Works
- Settlement Cycle:
Indian stock markets now operate on a T+1 settlement cycle. If you buy shares on Monday (T day), they are credited to your demat account on Tuesday (T+1 day). With BTST, you can sell those shares on Tuesday, even though they haven’t been credited yet. - Trade Execution:
When you place a BTST trade, your broker ensures that the shares you sell are matched with your pending delivery obligation. The sale is settled as soon as the shares are received from the exchange. - Funds Availability:
The money from selling BTST (T1) holdings cannot be used immediately for new trades on the same day, as per SEBI regulations.
Top 7 BTST Brokers in India (2025)
Below are the leading brokers for BTST trading in India, with the latest features, charges, and why they stand out.
1. Upstox
Why Choose Upstox:
Upstox offers a flat ₹20 per executed order for both buy and sell trades, making it one of the most affordable brokers for BTST. The platform provides real-time analytics, instant trade confirmations, and a user-friendly mobile app. Upstox’s risk management system ensures compliance with SEBI’s 40% upfront margin rule for BTST trades. Dedicated customer support and clear communication on settlement and penalties make it ideal for active traders.
Key Features:
- Flat ₹20 per executed order (equity delivery and BTST)
- No hidden charges for BTST trades
- Fast digital account opening
- Real-time portfolio and margin tracking
- Dedicated BTST support desk
- Transparent penalty and settlement policy
2. Zerodha
Why Choose Zerodha:
Zerodha offers free equity delivery trades and supports BTST orders. The broker follows SEBI’s margin rules and provides detailed trade reports. However, BTST proceeds cannot be used on the same day for new trades.
Key Features:
- Free equity delivery (BTST included)
- ₹300 annual demat AMC
- Fast trade execution
- Comprehensive learning resources
3. Angel One
Why Choose Angel One:
Angel One offers free equity delivery and a flat ₹20 per trade for intraday and F&O. The platform supports BTST trades with instant order placement and detailed margin reports.
Key Features:
- Free equity delivery (BTST)
- ₹20 per trade for intraday/F&O
- ₹240 demat AMC (waived for 1st year)
- User-friendly app and research tools
4. 5paisa
Why Choose 5paisa:
5paisa offers BTST trades at ₹20 per executed order, with no account opening charges. The platform provides instant order execution and clear BTST reporting.
Key Features:
- Flat ₹20 per trade (BTST included)
- Free account opening
- ₹300 demat AMC
- Fast mobile trading app
5. Paytm Money
Why Choose Paytm Money:
Paytm Money charges the lower of ₹20 per trade or 2.5% of turnover for BTST trades. The broker offers a simple app and a free demat account.
Key Features:
- ₹20 or 2.5% per trade (whichever is lower)
- Free demat account
- No annual maintenance charges
- Easy-to-use mobile app
6. Fyers
Why Choose Fyers:
Fyers offers free equity delivery and a flat ₹20 per order for other segments. The platform is known for its advanced charting tools and fast BTST execution.
Key Features:
- Free equity delivery (BTST)
- Flat ₹20 per order for F&O
- Free demat account
- Advanced trading platform
7. ProStocks
Why Choose ProStocks:
ProStocks offers free equity delivery and a refundable deposit for demat AMC. The broker provides fast BTST trade execution and clear settlement policies.
Key Features:
- Free equity delivery (BTST)
- ₹0 demat AMC (₹1,000 refundable deposit)
- Fast digital onboarding
- Transparent BTST settlement
Comparison Table: Best BTST Brokers in India (2025)
| Broker | BTST Charges | Account Opening | Demat AMC | Platform/App | Margin Required (BTST) | BTST Support |
| Upstox | ₹20/order | ₹0 | ₹0 (1st year) | Web/Mobile | 40% upfront | Yes |
| Zerodha | Free (delivery) | ₹0 | ₹300/year | Kite | 40% upfront | Yes |
| Angel One | Free (delivery) | ₹0 | ₹240 (1st yr free) | Angel One App | 40% upfront | Yes |
| 5paisa | ₹20/order | ₹0 | ₹300/year | 5paisa App | 40% upfront | Yes |
| Paytm Money | ₹20 or 2.5% (lower) | ₹0 | ₹0 | Paytm Money App | 40% upfront | Yes |
| Fyers | Free (delivery) | ₹0 | ₹0 | Fyers Web/App | 40% upfront | Yes |
| ProStocks | Free (delivery) | ₹0 | ₹0 (₹1,000 deposit) | Web/Mobile | 40% upfront | Yes |
How to Choose the Best BTST Broker
- Check BTST Charges: Prefer brokers with flat or zero charges for BTST trades.
- Margin Requirements: Ensure you can meet SEBI’s 40% upfront margin rule (20% for buy, 20% for sell).
- Platform Reliability: Look for fast, stable trading platforms and apps for quick BTST execution.
- Settlement Transparency: Choose brokers with clear settlement and penalty policies.
- Commodity Broker in India (Full-Service Brokers): If you want to trade commodities along with stocks, check if the broker is registered as a commodity broker.
Key Regulations and Risks
- Margin Requirements:
SEBI mandates a 40% upfront margin for BTST trades-20% for buying and 20% for selling. You must maintain this margin, or you may face penalties. - No Margin Funding:
Brokers do not provide margin funding for BTST. You must have the full amount to buy the shares. - Short Delivery Risk:
If you are unable to deliver the shares (for example, due to a settlement issue), you may face auction penalties ranging from 0.5% to 20% of the transaction value.Success in BTST trading depends on p - Timing:
recise timing, quick order placement, and monitoring of settlement cycles.
Frequently Asked Questions (FAQs): BTST Brokers and Trading in India
What is BTST trading?
BTST (Buy Today, Sell Tomorrow) lets you buy shares and sell them the next trading day, before delivery to your demat account.
Is BTST allowed by all brokers?
Most leading brokers like Upstox, Zerodha, Angel One, and 5paisa allow BTST trades.
What are the risks in BTST trading?
If the shares are not delivered on the settlement day, you may face auction penalties up to 20%.
How much margin is required for BTST trades?
SEBI requires a 40% upfront margin (20% for buying, 20% for selling) for BTST trades.
Do brokers offer margin funding for BTST?
No, you must provide the full margin yourself; brokers do not offer extra margin for BTST.
Are BTST trades available for all stocks?
BTST is available for most liquid stocks in the cash segment, but check with your broker for any restrictions.
How are BTST trades settled?
BTST trades are settled as delivery trades, and brokerage is charged as per delivery rates.
Can I use BTST proceeds for new trades on the same day?
No, as per SEBI rules, proceeds from selling T1 holdings are not available for same-day use.
Which broker is best for BTST trading in 2025?
Upstox leads with flat ₹20 charges, fast execution, and strong BTST support.
Can I do BTST in commodities?
BTST is only for stocks in the cash segment; for commodities, check with a registered commodity broker in India (full-service brokers).
Conclusion
BTST trading is a smart way to profit from short-term price swings without waiting for share delivery. The best stock broker for BTST offers low charges, fast execution, and clear settlement policies. In 2025, Upstox stands out for its flat ₹20 per order, advanced digital platform, and dedicated BTST support. Other top brokers like Zerodha, Angel One, and 5paisa also provide reliable BTST trading.
Ready to boost your trading profits? Open your BTST trading account with Upstox today and experience seamless, affordable BTST trading!
