Best Trading App in India
Choosing the best trading app in India is one of the most important financial decisions for any trader or investor. It affects how fast your orders execute, how reliable your trades are during volatile market hours, and even how much money you keep after fees.
In 2025, Indian traders have more options than ever — from ultra-low-cost discount brokers to full-service apps offering AI-backed advisory and research tools. This guide covers everything in detail:
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What makes a good trading app
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Detailed comparison of top Indian trading apps
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Key features, pros, cons, and who should use them
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Fee and brokerage breakdown
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Security, safety, and how to choose wisely
Let’s dive in.
How to Choose the Best Trading App
Before we compare, here are 10 key criteria to evaluate any trading app:
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Brokerage & Hidden Fees
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Uptime and Execution Speed
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Range of Investment Products (Equity, F&O, MF, IPOs, ETFs, etc.)
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Margin & MTF Facilities
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Charting & Analytical Tools
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Customer Support Responsiveness
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Research Reports & Learning Resources
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Account Opening Process & AMC
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Security & Compliance Standards
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Platform Ecosystem (Mutual Funds, IPOs, US Stocks, APIs, etc.)
These factors separate a great trading experience from an average one.
Top Trading Apps in India (2025)
Here’s a quick overview of the most popular and reliable trading apps in India right now:
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Zerodha (Kite + Coin)
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Groww
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Upstox
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Angel One
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Motilal Oswal
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SBI Securities
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ICICI Direct
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HDFC Securities
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HDFC SKY
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Kotak Securities
Each has a different target audience — from beginners to full-time traders. Let’s go deep.
1. Zerodha (Kite + Coin)
Zerodha (Kite + Coin) — Fees, Features & Benefits
Zerodha is India’s top discount broker offering zero-brokerage investments and low-cost trading through its platforms — Kite for trading and Coin for mutual fund investing.
Zerodha Kite — Smart Trading Simplified
Kite is Zerodha’s modern trading platform available on both web and mobile. It’s known for its blazing-fast performance, clean design, and advanced charting tools. You can trade across NSE, BSE, and MCX with real-time data, deep insights, and one-click execution.
Key Features
- Universal search for 90,000+ instruments
- Advanced charting with 100+ indicators and tools
- GTT (Good Till Triggered) and basket orders for easy trading
- Instant fund transfers via UPI
- Integrated Console for reports, analytics, and P&L tracking
Brokerage Charges
- Equity Delivery: ₹0 (Completely Free)
- Equity Intraday: 0.03% or ₹20 per executed order (whichever is lower)
- F&O Futures: 0.03% or ₹20 per executed order (whichever is lower)
- F&O Options: Flat ₹20 per executed order
- Direct Mutual Funds (Coin): ₹0 (No commissions or DP charges)
Other Trading Charges
| Type | Rate / Amount |
|---|---|
| STT/CTT (Govt. tax) | 0.1% on delivery buy & sell, 0.025% intraday sell, 0.02% F&O sell |
| Transaction Charges | NSE: 0.00297% / BSE: 0.00375% |
| GST | 18% on (Brokerage + SEBI + Transaction charges) |
| SEBI Charges | ₹10 per crore |
| Stamp Duty | 0.015% on buy side (delivery) |
Account Opening & AMC
| Account Type | Charges |
|---|---|
| Online Account | Free |
| Offline / NRI / Corporate | ₹500 |
| Demat AMC | Free up to ₹4L; ₹100–₹300/year beyond (BSDA rules apply) |
Additional / Optional Charges
| Service | Charges |
|---|---|
| Call & Trade Orders | ₹50 per order |
| DP Charges | ₹15.34 per scrip on sell |
| Pledge / Unpledge | ₹30 + GST per ISIN |
| Margin Trading (MTF) | 0.04% per day interest |
| Off-Market Transfers | ₹25 per transaction |
| Delayed Payment Interest | 18% p.a. (0.05%/day) |
πͺ Zerodha Coin — Direct Mutual Fund Platform
- Invest in Direct Mutual Funds with ₹0 brokerage and ₹0 platform fee.
- No DP or hidden charges.
- Free SIP creation, pause, or modification anytime.
- 2,000+ mutual fund schemes from 40+ AMCs.
- Hold funds in your Demat account for easy tracking and transparency.
✅ Summary: ₹0 brokerage on delivery & mutual funds, ₹20/order for trading, fully transparent & mobile-friendly platform for all investors.
Zerodha’s Kite + Coin combo offers one of the most powerful and affordable setups in the Indian market. Whether you’re a daily trader or a long-term wealth builder, you enjoy full transparency, robust tools, and the comfort of knowing your costs upfront. With ₹0 delivery and mutual fund fees, and just ₹20 per order for trades — Zerodha remains the #1 choice for smart Indian investors.
2️⃣ Groww
Groww — Fees, Charges & Features (2025)
Groww is one of India’s fastest-growing investment platforms, offering trading in equities, F&O, mutual funds, and ETFs — all through one simple app and website. Known for its modern design and transparent pricing, Groww makes investing easy for beginners and professionals alike.
Groww Platform — Simple, Fast & Transparent
The Groww App and website provide a clutter-free, beginner-friendly interface to trade across NSE and BSE. It supports stocks, mutual funds, ETFs, IPOs, and F&O trading with live market data and fast execution.
Key Features
- One account for stocks, F&O, ETFs & mutual funds
- Simple and intuitive mobile + web platform
- Real-time price tracking and one-tap buy/sell
- Zero hidden charges & transparent pricing
- Easy UPI-based fund transfers
Account Opening & Maintenance
| Type | Charges |
|---|---|
| Account Opening | ₹0 (Free trading & demat account) |
| Account Maintenance (AMC) | ₹0 (No maintenance fees) |
Equity Brokerage Charges
- Flat ₹20 or 0.1% per executed order (whichever is lower)
- Minimum ₹5 brokerage per order
- No fixed or hidden charges
Groww’s brokerage is simple and capped at ₹20 per trade — ideal for new investors.
Regulatory & Statutory Charges
| Type | Intraday | Delivery |
|---|---|---|
| STT (Securities Transaction Tax) | 0.025% (SELL) | 0.1% (BUY & SELL) |
| Stamp Duty | 0.003% (BUY) | 0.015% (BUY) |
| Exchange Transaction Charges | NSE: 0.00297% / BSE: 0.00375% | NSE: 0.00297% / BSE: 0.00375% |
| SEBI Turnover Charge | 0.0001% | 0.0001% |
| Investor Protection Fund (IPFT) | 0.0001% | 0.0001% |
π‘ All regulatory charges are government or exchange-mandated and applied uniformly across brokers.
Other & Penalty Charges
| Type | Charges |
|---|---|
| Auto Square-off (Intraday) | ₹50 per position |
| Auction Penalty | As per exchange rules |
| Delayed Payment Charges (DPC) | 0.045% per day (simple interest) |
| Pledge / Unpledge | ₹20 per ISIN + GST |
| MTF (Margin Trading Facility) | Brokerage: 0.1% | Interest: 14.95% p.a. |
| Buyback Orders | ₹20 brokerage + ₹20 DP charge/company |
π Depository & Miscellaneous Charges
- DP Charges: ₹3.5 (male) / ₹3.25 (female) + ₹16.5 Groww fee (₹0 if debit < ₹100)
- Demat/Remat: ₹150 per certificate + courier
- KYC Modification: ₹100 | KRA Upload: ₹50
- Physical CMR / DIS Slip: ₹20 + courier
- UPI Mandate Balance Trades: 1% of order value (no cap)
- GST: 18% on applicable service charges
✅ Summary: Free account opening & AMC, ₹20 max brokerage per order, no hidden costs, and a transparent fee structure. Perfect for investors who want simplicity and clarity.
3️⃣ Upstox
Upstox — Brokerage Charges, Fees & Features (2025)
Upstox is one of India’s most popular trading platforms, offering investments in Equities, F&O, Commodities, Currencies, IPOs and Mutual Funds. Known for its speed, transparency, and low costs, Upstox is a go-to choice for active traders and long-term investors alike.
Upstox Platform — Smart, Fast & Reliable
The Upstox Pro web and mobile platforms provide seamless trading across NSE, BSE, and MCX. Features like advanced charts, multiple indicators, one-click order placement, and live market depth make it ideal for modern investors.
Key Features
- Zero AMC for 1st year; ₹0 account opening
- Flat ₹20 brokerage per trade, or lower
- Advanced charts with 100+ indicators
- Supports Intraday, F&O, and delivery trades
- Free Mutual Fund & IPO investments
Account Opening & Maintenance
| Type | Charges |
|---|---|
| Account Opening | ₹0 (Free Trading + Demat Account) |
| AMC (Account Maintenance) | ₹0 for 1st year, ₹300 + GST thereafter |
Brokerage Charges
| Segment | Brokerage |
|---|---|
| Equity Delivery | ₹20 per executed order |
| Equity Intraday | ₹20 or 0.1% per order (whichever is lower) |
| Equity Futures | ₹20 or 0.05% per order (whichever is lower) |
| Equity Options | Flat ₹20 per order |
| Mutual Funds & IPOs | ₹0 (Completely Free) |
Flat ₹20 per trade or lower — no hidden charges, fully transparent pricing.
Statutory & Exchange Charges
| Type | Equity Delivery | Intraday / F&O |
|---|---|---|
| STT/CTT (Oct 2024 onwards) | 0.1% on buy & sell | 0.025% on sell (Intraday), 0.02% on Futures, 0.1% on Option premium |
| GST | 18% on (Brokerage + SEBI + Exchange Fees) | 18% on (Brokerage + SEBI + Exchange Fees) |
| Stamp Duty | 0.015% on buy side | 0.003% on buy (Intraday/F&O) |
| Exchange Fees | NSE: 0.00297%, BSE: varies by group | NSE: 0.00173% (Futures) / 0.03503% (Options) |
| SEBI Charges | ₹10 per crore | ₹10 per crore |
π‘ All statutory fees are government or exchange-mandated and apply uniformly to all brokers.
Depository, Margin & Other Charges
- DP Charges: ₹20 per scrip (sell side only)
- Call & Trade: ₹75 + GST per order
- Auto Square-off: ₹75 + GST per position
- Pledge / Unpledge: ₹20 + GST per ISIN
- MTF Interest: ₹20/day for every ₹40,000 borrowed
- Margin Shortfall Penalty: 0.5% to 5% depending on frequency
- Delayed Payment Interest: 0.05% per day
- Dematerialisation: ₹100 + ₹50 courier per certificate
- Account Modification: ₹50 + GST
- Instant Withdrawal: ₹20 + GST
- Buyback / OFS / Takeover: ₹20 + GST
Margin Facilities
Intraday orders: up to 5x margin
CO/OCO orders: up to 5x margin
MTF (Margin Trading Facility): up to 4x funding available
✅ Summary: ₹0 account opening, ₹0 AMC (1st year), ₹20 max brokerage per order, zero commission on Mutual Funds & IPOs, and full transparency. A solid choice for both beginners and active traders.
4. Angel One
Angel One — Brokerage Charges, Fees & Features (2025)
Angel One (formerly Angel Broking) is one of India’s oldest and most trusted full-service discount brokers. It offers trading in Stocks, F&O, Mutual Funds, Commodities, Bonds, ETFs, and US Stocks — all through one smart platform. Angel One combines low brokerage, margin trading, and advanced tools under a single app.
Angel One Platform — Trade Smarter, Pay Lesser
The Angel One Super App gives you access to multiple investment segments in one place — including equities, F&O, commodities, and currencies. It provides real-time charts, 100+ indicators, personalized watchlists, and AI-based market insights.
Key Features
- Free account opening and ₹0 AMC for the first year
- ₹0 brokerage up to ₹500 for first 30 days*
- Flat ₹20 or lower brokerage per executed order
- Margin Trade Funding (MTF) with 0% borrowing up to ₹1 lakh for 30 days
- Advanced charts, smart alerts, and portfolio analytics
*Offer valid for 30 days from onboarding or until ₹500 brokerage discount is used.
Brokerage Charges
| Segment | Brokerage |
|---|---|
| Equity Delivery | ₹0 brokerage up to ₹500 (first 30 days), then lower of ₹20 or 0.1% (min ₹2) |
| Intraday Trading | ₹0 brokerage up to ₹500 (first 30 days), then lower of ₹20 or 0.03% |
| Futures | ₹0 brokerage up to ₹500 (first 30 days), then ₹20 per executed order |
| Options | ₹20 per executed order |
After 30 days, standard brokerage applies. Minimum charge of ₹2 per order, never exceeding SEBI limits.
Regulatory & Statutory Charges
| Type | Stock Investments | Intraday | Futures | Options |
|---|---|---|---|---|
| Transaction Charges | NSE: 0.00297% | BSE: as per group | NSE: 0.00297% | BSE: as per group | NSE: 0.00173% | NSE: 0.03503% |
| STT (Tax) | 0.1% (Buy & Sell) | 0.025% (Sell) | 0.02% (Sell) | 0.1% (Sell) |
| Stamp Duty | 0.015% (Buy) | 0.003% (Buy) | 0.002% (Buy) | 0.003% (Buy) |
| GST | 18% | 18% | 18% | 18% |
| SEBI Charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| IPFT | 0.0001% | 0.0001% | 0.0001% | 0.0005% |
π‘ All charges above are statutory and may vary slightly by exchange or scrip group.
Non-Trade & Demat Account Charges
- Account Maintenance Charges (AMC): Free for first year
- BSDA Clients: Up to ₹4L holdings - NIL; ₹4L–₹10L - ₹100/year
- Non-BSDA Clients: ₹60 + GST per quarter (after first trade)
- Cash Collateral Shortfall: 0.0342% per day (above ₹50,000)
- MTF Borrowing: 0.041% per day (after free period)
- Debit Balance: 0.049% per day interest
NRI Account Charges
- Equity Delivery: 0.50% per order or ₹0.05/unit (whichever lower)
- Trading Account Opening: ₹36.48
- Demat Opening: ₹500 (approx)
- AMC: ₹450/year or ₹2950 one-time (lifetime)
- Dematerialization: ₹20 per certificate + ₹30 courier
π‘ Brokerage applies per executed order. Taxes like GST, stamp duty, and STT are levied as per government regulations.
✅ Summary: ₹0 AMC for first year, ₹0 brokerage up to ₹500 (first 30 days), flat ₹20 per order later. Transparent pricing, 0% MTF up to ₹1L, and free research tools — Angel One is a great choice for both beginners and pros.
5️⃣ Motilal Oswal
Motilal Oswal — Stock Trading Charges & Fees (2025)
Motilal Oswal is one of India’s leading full-service brokerage firms, offering trading and investment services in Equities, F&O, Commodities, Currencies, and Mutual Funds. It is known for strong research support, advisory services, and a wide product range for retail and institutional investors.
Overview
Motilal Oswal charges vary depending on the trade segment — such as Equity Delivery, Intraday, Futures, or Options. While account opening is completely free, the brokerage and transaction fees are based on the volume and plan you choose.
1. Brokerage Charges
Brokerage charges are fees paid to the broker when you buy or sell stocks, derivatives, or other securities. The amount depends on your segment, brokerage plan, and discounts available.
| Segment | Brokerage Charges |
|---|---|
| Equity Delivery | 0.20% per trade |
| Equity Intraday | 0.02% per trade |
| Equity Futures | 0.02% per trade |
| Equity Options | ₹20 per lot |
| Currency Options | ₹20 per lot |
π‘ Brokerage can vary by plan and may include volume-based discounts.
2. Transaction Charges
Transaction charges are levied by the stock exchanges (NSE, BSE, MCX) on each trade. These are independent of brokerage fees and vary based on exchange and segment.
| Segment | Transaction Charges |
|---|---|
| Equity Delivery | NSE: 0.00335% |
| Equity Intraday | BSE: 0.01% |
Charged by the exchange for processing trades — differs slightly by exchange.
3. STT / CTT (Securities or Commodities Transaction Tax)
The Government of India levies STT (Securities Transaction Tax) or CTT (Commodities Transaction Tax) on all exchange-based transactions. These rates generally range between 0.025% and 0.1% depending on the trade segment.
- Equity Delivery: 0.1% on buy & sell
- Equity Intraday: 0.025% on sell side
- Equity Futures: 0.02% on sell side
- Equity Options: 0.1% on premium value
4. Other Charges
Other common charges applicable on trades include:
- Stamp Duty: 0.002% to 0.015% depending on state and segment
- GST: 18% on brokerage + transaction + DP charges
- Account Opening: ₹0 (Free)
- AMC & Admin Charges: Free for 1st year, nominal thereafter
- Maintenance Charges: NIL for first year (may apply later)
Brokerage is the most significant cost influencing your net trade profit or loss.
Example — Brokerage Evaluation
Suppose you buy shares worth ₹1,00,000 for delivery under Motilal Oswal’s standard plan:
- Brokerage @ 0.20% = ₹200
- STT @ 0.1% = ₹100
- Transaction Charges @ 0.00335% = ₹3.35
- Stamp Duty @ 0.015% = ₹15
- GST @ 18% on brokerage = ₹36
Total approximate cost: ₹354.35 (including all taxes)
✅ Summary: Motilal Oswal charges 0.20% (Delivery), 0.02% (Intraday/Futures), ₹20 per lot (Options), with free account opening and 1-year AMC waiver. Transparent pricing backed by powerful research & tools.
6️⃣ SBI Securitas
SBI Securities — Brokerage Charges, Fees, AMC & Taxes (2025)
SBI Securities Ltd is the stockbroking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. Founded in 2006, it offers services in Equity, F&O, Commodities, Currencies, Mutual Funds, and Depository services with online and offline support. It’s one of India’s most reliable full-service brokers backed by the State Bank of India.
Account Opening & Maintenance
| Transaction | Charges |
|---|---|
| Trading Account Opening | ₹0 (Free) |
| Demat Account Opening | ₹0 (Free) |
| Trading AMC | ₹0 (No annual fee) |
| Demat AMC | ₹0 (First Year Free) |
✅ Free account setup and maintenance for the first year — great for beginners joining SBI’s trading ecosystem.
SBI Securities Brokerage Charges (2025)
| Segment | Brokerage Fee |
|---|---|
| Equity Delivery | 0.50% per trade |
| Equity Intraday | ₹20 per order |
| Equity Futures | 0.05% |
| Equity Options | ₹50 per lot (Buy & Sell) |
| Currency Futures | ₹20 per lot |
| Currency Options | ₹20 per lot |
| Commodity Futures | 0.05% |
| Commodity Options | ₹50 per lot |
π‘ SBI’s full-service brokerage plan offers research, advisory, and relationship management along with trading access.
SBI Securities Demat Account Charges (2025)
| Transaction | Charges |
|---|---|
| Demat Opening | ₹0 |
| Demat AMC | Individual: ₹750/year (₹500 for e-statements) |
| Sell via POA | 0.01% of transaction value (Min ₹21, Max ₹300 per ISIN) |
| Sell via DIS | 0.04% of value (Min ₹30 per ISIN) |
| Pledge / Unpledge / Invocation | 0.02% of value or ₹25 (whichever higher) + CDSL/NSDL fees |
| Demat & Courier | ₹5 per cert + ₹35 courier per request |
| Remat | ₹35 per request + CDSL ₹10 per 100 securities |
π¬ SBI offers flexible demat transaction options with online (POA) and offline (DIS) processing.
Exchange Transaction Charges (2025)
| Segment | Charges |
|---|---|
| Equity Intraday | NSE: 0.00297% | BSE: 0.00375% (Sell Side) |
| Equity Delivery | NSE: 0.00297% | BSE: 0.00375% (Both Sides) |
| Equity Futures | NSE: 0.00173% | BSE: 0% |
| Equity Options | NSE: 0.03503% | BSE: 0.00325% (on premium) |
| Currency Futures | NSE: 0.00035% | BSE: 0.00045% |
| Currency Options | NSE: 0.0311% | BSE: 0.001% |
Taxes & Regulatory Fees (2025)
- Securities Transaction Tax (STT): Equity Delivery: 0.1% (Buy & Sell) | Intraday: 0.025% (Sell) | Futures: 0.01% (Sell) | Options: 0.05% (Sell on premium)
- Commodity STT: 0.01% (Futures) | 0.05% (Options)
- Currency F&O: No STT applicable
- SEBI Charges: ₹10 per crore (0.0001%)
- GST: 18% on (Brokerage + Transaction + SEBI fees)
- Stamp Duty: Delivery: 0.015%, Intraday: 0.003%, Futures: 0.002%, Options: 0.003%, Currency: 0.0001%
π‘ All taxes are standard across brokers and automatically added to your contract note.
✅ Summary: Free account opening and AMC, 0.50% on delivery, ₹20–₹50 per order for F&O and intraday, with transparent taxes and detailed reporting. SBI Securities is ideal for those who prefer a trusted, full-service experience under the State Bank brand.
7️⃣ ICICI Direct
ICICI Direct — Brokerage Plans & Features (2025)
ICICI Direct is one of India’s most trusted and established full-service brokers, offering a seamless 3-in-1 account (Bank + Trading + Demat). It provides modern trading tools, exclusive research, and low-cost brokerage plans designed for all types of investors. The two main plans — Prime Plan and iValue Plan — offer flexibility, instant payouts, and lifetime benefits.
Prime Plan — Trade Smart with Lifetime Low Brokerage
The Prime Plan from ICICI Direct offers reduced brokerage up to 0.07% with lifetime validity, instant payouts, exclusive research, and reduced MTF interest rates.
- ⚡ Brokerage as low as 0.07% on trades
- Instant payout within 5 minutes of selling shares
- Exclusive handpicked research and reports
- Reduced MTF interest rates on Buy Now Pay Later
- π±️ One Click Equity: Invest, monitor & exit portfolios easily
Prime Plan Pricing
| Prime Plan | Cash % | Margin / Futures % | Options (Per Lot) | Currency & Commodity (Per Order) | MTF Interest Rate (p.a.) | eATM Limit |
|---|---|---|---|---|---|---|
| ₹299 / Annual | 0.25% | 0.025% | ₹49 | ₹20 | 17.99% | ₹2.5 Lakh |
| ₹999 / Lifetime | 0.22% | 0.022% | ₹49 | ₹20 | 17.99% | ₹10 Lakh |
| ₹2,999 / Lifetime | 0.15% | 0.015% | ₹29 | ₹20 | 16.49% | ₹1 Cr |
| ₹4,999 / Lifetime | 0.10% | 0.01% | ₹19 | ₹20 | 9.69% | ₹1 Cr |
| ₹9,999 / Lifetime | 0.07% | 0.007% | ₹9 | ₹20 | 9.69% | ₹1 Cr |
π‘ Prime Plans offer lifetime validity (except ₹299 annual). 18% GST applicable. Physical delivery of F&O contracts attracts 0.15% brokerage.
iValue Plan — Flat ₹20 Per Order
The iValue Plan is designed for cost-conscious traders who want flat brokerage and interest on idle funds. With this plan, you can enjoy fixed ₹20 brokerage, earn up to 2.5% interest on idle balances, and reduced AMC charges.
- Flat ₹20 brokerage per order (Intraday, Futures & Options)
- Earn up to 2.5% interest on unused balance
- Reduced Demat AMC of ₹300 per year
- Available for just ₹299/year
iValue Plan Pricing
| Plan | Margin / Futures | Options | Currency & Commodity |
|---|---|---|---|
| ₹299 / Annual | ₹20 / Order | ₹20 / Order | ₹20 / Order |
π‘ 18% GST applicable on plan fee. Currency & Commodity Call & Trade or auto square-off orders are charged ₹50 each.
Notes & Highlights
- ✔️ Prime 299 Plan valid for 1 year; all higher plans are lifetime valid.
- ✔️ F&O physical delivery brokerage fixed at 0.15% across plans.
- ✔️ Instant payouts via eATM up to ₹1 Cr (plan-dependent).
- ✔️ 3-in-1 account linking for seamless fund transfers.
✅ Summary: ICICI Direct offers Prime Plans (₹299–₹9999) with brokerage from 0.25% to 0.07% and iValue Plan at flat ₹20 per trade. With instant payouts, lifetime validity, and integrated 3-in-1 banking, ICICI Direct is perfect for both long-term investors and active traders.
8️⃣ HDFC Securities
HDFC Securities — Brokerage Charges, Fees & Taxes (2025)
HDFC Securities Ltd is a leading full-service stockbroker in India, offering trading in Equity, F&O, Commodities, Currencies, Mutual Funds, and IPOs through its integrated 3-in-1 Account with HDFC Bank. Known for reliability, research-based advice, and quick fund settlements.
Equity Brokerage Structure
| Type | Resident | NRI |
|---|---|---|
| Minimum Brokerage (per order) | ₹25 | ₹25 |
| Delivery Trades | 0.50% or ₹25 (min) – 2.5% (max) | 0.75% or ₹25 (min) – 2.5% (max) |
| Scrips under ₹10 | Minimum ₹0.05 per share applies | |
- GST: 18% on brokerage
- STT: 0.1% (Buy & Sell)
- Stamp Duty: 0.015% (Buy side)
- SEBI Turnover Fee: 0.0001% + GST 18%
Square-Off Trades (Intraday)
| Segment | Brokerage | STT | Stamp Duty |
|---|---|---|---|
| Cash & Carry Scrips | 0.10% or ₹25 min (Buy & Sell) | 0.025% (Sell only) | 0.003% (Buy only) |
| Margin Scrips | 0.05% or ₹25 min (Buy & Sell) | 0.025% (Buy & Sell) | 0.003% (Buy only) |
GST @ 18% and SEBI charges (0.0001%) apply to all intraday transactions.
Derivatives — Futures & Options
Futures Market
| Type | Brokerage | STT | Stamp Duty |
|---|---|---|---|
| Carry Forward | 0.05% or ₹25 (min) | 0.02% (Sell only) | 0.002% (Buy only) |
| Square-Off | 0.025% or ₹25 (min) | 0.02% (Sell only) | 0.002% (Buy only) |
Options Market
| Type | Brokerage | STT | Stamp Duty |
|---|---|---|---|
| Resident & NRI | Higher of 1% of premium or ₹100 per lot | 0.10% (Sell) / 0.125% (Exercise) | 0.003% (Buy only) |
For physical settlement of F&O, equity segment brokerage applies.
Currency Derivatives
| Type | Brokerage | Stamp Duty | SEBI Turnover Tax |
|---|---|---|---|
| Currency Futures | ₹23 per contract (carry) / ₹12 each side (square-off) | 0.002% of turnover | 0.00015% + GST 18% |
| Currency Options | ₹20 per contract (carry) / ₹10 each side (square-off) | 0.002% of turnover | 0.00015% + GST 18% |
STT of 0.001% applies on redemption of mutual funds.
Commodity Derivatives
Futures Market
| Type | Brokerage | CTT | Stamp Duty |
|---|---|---|---|
| Carry Forward | 0.025% or ₹20/order | 0.01% (Sell) | 0.002% (Buy) |
| Square-Off | 0.020% or ₹20/order | 0.01% (Sell) | 0.002% (Buy) |
Options Market
| Brokerage | CTT | Stamp Duty |
|---|---|---|
| ₹100 per lot | 0.05% (Seller) / 0.0001% (Buyer on exercise) | 0.003% (Buy) |
- SEBI Turnover Tax: ₹10/crore for normal & ₹1/crore for agricultural commodities + GST 18%
- GST: 18% on all brokerage and SEBI charges
✅ Summary: HDFC Securities charges 0.50% (Delivery), 0.10% (Intraday), 0.05% (Futures), and ₹100 per lot (Options). Transparent SEBI, Stamp Duty & GST included. Trusted 3-in-1 setup with HDFC Bank makes it one of India’s most secure brokers for diversified investors.
9️⃣ HDFC SKY
HDFC SKY — Charges Breakdown & Brokerage Structure (2025)
HDFC SKY is HDFC Securities’ new-age, flat-fee trading platform designed for modern investors and traders. It offers ₹20 flat brokerage across all segments, seamless mobile trading, and advanced research tools — backed by HDFC’s reliability.
Brokerage — Equity
| Order Type | Charges |
|---|---|
| Delivery Order | ₹20 or 2.5% (whichever is lower) |
| Intraday Order | ₹20 or 2.5% (whichever is lower) |
Brokerage — Derivatives
| Segment | Intraday | Carry Forward |
|---|---|---|
| Futures | ₹20 or 2.5% (whichever is lower) | ₹20 or 2.5% (whichever is lower) |
| Options | ₹20 / order | ₹20 / order |
Brokerage — Currency
| Segment | Intraday | Carry Forward |
|---|---|---|
| Futures | ₹20 or 2.5% (whichever is lower) | ₹20 or 2.5% (whichever is lower) |
| Options | ₹20 / order | ₹20 / order |
Brokerage — Commodity
| Segment | Intraday | Carry Forward |
|---|---|---|
| Futures | ₹20 or 2.5% (whichever is lower) | ₹20 or 2.5% (whichever is lower) |
| Options | ₹20 / order | ₹20 / order |
Other Brokerage & Charges
| Service | Charges |
|---|---|
| RMS Auto Square-Off | ₹20 or 2.5% (whichever is lower) |
| ETF Intraday | ₹20 per trade |
| ETF Delivery | ₹20 per trade |
Key Highlights & Features
- Flat ₹20 brokerage across all segments — no hidden charges.
- Leverage via MTF (Margin Trading Facility): Available for 800+ stocks at just 1% per month.
- ETFs, Equities, Derivatives, and Commodities — all in one platform.
- #MakeMoneyMatter: Access free learning modules for traders & investors by HDFC experts.
- Backed by HDFC Securities for secure and regulated operations.
✅ Summary: HDFC SKY offers a flat ₹20/order fee for all segments — Equity, F&O, Currency, Commodity, and ETFs. With 1% MTF leverage, powerful mobile trading, and HDFC-backed reliability, it’s one of the most affordable and advanced trading apps in India for 2025.
10. Kotak Securities
Kotak Securities — Brokerage Plans & Pricing (2025)
Kotak Securities Ltd is one of India’s most trusted full-service brokers backed by Kotak Mahindra Bank. It offers a range of modern and affordable brokerage plans suitable for beginners and experienced traders alike. The latest ₹10 per order pricing model gives traders flexibility, transparency, and cost-efficiency.
Flat Brokerage Summary
| Segment | Brokerage |
|---|---|
| Equity Intraday | ₹10 per order |
| F&O (Futures & Options) | ₹10 per executed order |
| Equity Delivery | ₹0 brokerage (Free for first 30 days) |
GST @18% applicable on brokerage. All plans offer free account opening and zero hidden charges.
Trade Free Youth — For Traders Below 30 Years
- ₹10 per order brokerage on all intraday & F&O trades
- Available exclusively for investors aged below 30 years
- Designed for young professionals starting their trading journey
- Access to all Kotak trading tools & platforms
Note: Stock delivery brokerage may apply after initial 30-day free period.
Trade Free Plan — For Traders Above 30 Years
- ₹10 per order brokerage on all intraday trades
- ₹0 brokerage on stock delivery trades for first 30 days
- Free account opening & easy onboarding
- Full access to Kotak’s web & mobile trading platforms
| Plan Feature | Details |
|---|---|
| Intraday Brokerage | ₹10 per order |
| Equity Delivery | Free (first 30 days) |
| Account Opening | Free |
Trade Free Pro — For Active Traders
Get the best of Kotak’s Margin Trading Facility (MTF) with special low interest rates and up to 5x leverage.
- 9.69% p.a. interest rate for MTF borrowing
- Get up to 5x leverage for margin trading
- ₹10 brokerage per order for all intraday & F&O trades
- Ideal for high-volume and professional traders
| Feature | Details |
|---|---|
| MTF Interest Rate | 9.69% p.a. |
| Leverage | Up to 5x |
| Brokerage (Intraday & F&O) | ₹10 per order |
MPower — Assisted Trading Plan
- ₹0 Account Opening
- Access to dealer-assisted trading for quick order execution
- Research-backed investment insights from Kotak experts
- You direct, your dealer executes — simple & efficient
Ideal for investors who prefer personal assistance and research-based guidance.
Why Choose Kotak Securities?
- Flat ₹10 per order brokerage on Intraday & F&O across all plans
- Zero account opening fees for all customers
- Free equity delivery for first 30 days (Trade Free Plan)
- Low MTF interest rate at 9.69% p.a. with up to 5x leverage
- Multiple plans for youth, professionals, and active traders
✅ Summary: Kotak Securities offers flexible plans — Trade Free Youth, Trade Free Plan, Trade Free Pro, and MPower — all starting at ₹10/order. Perfect for beginners, investors, and professional traders looking for reliable service, research insights, and affordable trading.
Conclusion
The best trading app in India (2025) depends entirely on your goals.
If you’re a beginner, Groww gives you simplicity.
If you’re a trader, Zerodha Kite or Upstox will deliver power and performance.
If you value research and integrated banking, Angel One or ICICI Direct are solid.
But remember — tools matter only when you have the discipline to use them well.
Start small, learn daily, and trade with logic — not emotion.
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