Which broker is best for trading in India?

Asked by: Kelli Russel IV  |  Last update: October 12, 2026
Score: 5/5 (38 votes)

The best brokers for trading in India, based on active user base, low costs, and user-friendly platforms, are Groww, Zerodha, and Angel One. As of late 2025, Groww holds the highest active client base, while Zerodha remains the top choice for advanced, reliable, and cost-effective trading technology.

Which is better, Zerodha or Groww?

Neither Groww nor Zerodha is universally better; the choice depends on your trading style, with Zerodha often preferred by experienced, active traders for lower intraday rates and advanced tools, while Groww suits beginners and long-term investors with its simple interface, zero AMC, and broader product range (US stocks, gold). Zerodha excels in powerful platforms (Kite) and wider product range (Commodities, Currency), while Groww wins on user-friendliness, free account opening, and zero demat AMC, making it simpler for casual investors. 

Is Zerodha 100% safe?

Zerodha has built a strong reputation as a secure, SEBI-regulated broker with solid tech, transparent practices, and no-nonsense pricing. Its platforms, like Kite and Coin, are secure and backed by thoughtful infrastructure.

Which broker has zero charges in India?

Brokers like Zerodha, Upstox, ProStocks and Indiabulls offer brokerage free investment in the India stock market. The customer doesn't pay any commission while trading in the equity delivery segment.

Can I withdraw all money from Zerodha?

You can only withdraw the amount shown as your withdrawable balance. You cannot withdraw money you added to your account on the same day. Your withdrawal may be rejected, or you may receive a lower amount if your balance reduces after the trade settlement process at the end of the day.

Best Demat account in India 2023 in Tamil | Zerodha or HDFC ? full service vs discount broker ?

32 related questions found

Which is India's No. 1 demat account?

List of Top Demat Accounts in India

  • Groww. Groww is India's No. ...
  • Zerodha. Zerodha is known for its low-cost model and offers demat account for trading with a flat brokerage structure and advanced platforms like Kite and Coin. ...
  • Upstox. ...
  • Angel One. ...
  • ICICI Direct. ...
  • HDFC Securities. ...
  • Sharekhan. ...
  • Motilal Oswal.

Is Groww free for lifetime?

Zero maintenance charge, trusted by 10M+ active investors.

Why open a Demat with Groww? We charge no annual maintenance fees. Pay only when you trade. Our account opening process is 100% online and free.

What are the disadvantages of Zerodha?

Zerodha Cons (Disadvantages)

  • Doesn't provide stock tips, research reports or recommendations.
  • Monthly unlimited trading plans are not available.
  • Lifetime free AMC demat account plans are not available.
  • An additional charge of Rs 50 per executed order for MIS/BO/CO positions which are not square off by the customer.

Is Zerodha good for beginners?

A broker is good for beginners if it has low fees and an easy-to-use platform. Zerodha has a user-friendly mobile platform. Zerodha has low fees and a minimum deposit of $0. Account opening at Zerodha takes >3 days as per our assessment.

Which is the safest stock broker in India?

Top Stock Brokers in India

  • Sharekhan: Extensive Network and Full-Service Offerings. ...
  • Angel Broking: Integrated Financial Services. ...
  • Motilal Oswal Financial Services: Focus on Research and Advisory. ...
  • Edelweiss Broking: Holistic Financial Solutions. ...
  • Parasram: Legacy, Trust, and Commitment.

Which demat is the cheapest?

5 Zero Brokerage Demat Account in India

  • Zerodha. Zerodha, which has the lowest brokerage charges demat account in india, is a pioneer in offering zero brokerage on equity delivery trades, making it a favorite among retail investors. ...
  • Upstox. ...
  • Angel Broking. ...
  • 5paisa. ...
  • Groww. ...
  • HDFC Securities. ...
  • Sharekhan.

Is the Groww app safe?

Generally, yes. Groww is SEBI-registered and follows all the standard rules for handling your money and investments. Your assets are stored securely, and the app includes safety features like encryption and MFA.

How to add 5 lakhs in Zerodha?

Steps to add funds using netbanking

Click on Funds and then on Add funds. Enter the amount to be transferred. Select Netbanking and click on Continue. Authorise the transfer on the net banking portal.

Can I withdraw 1 crore from my Zerodha account?

Withdrawal limits

You can withdraw any amount subject to the availability of withdrawable balance in your trading account. For withdrawals up to ₹5 crores, you can place a request directly from Console. However, if you wish to withdraw more than ₹5 crores, please create a ticket.

Can I sell all my stocks at once in Zerodha?

Yes, client can sell all holdings by selecting the Sell Holdings option on Portfolio > Holdings screen. Subscribe to receive notifications from this faqs.

Which is cheaper, Zerodha or Groww?

Zerodha Vs Groww Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or . 03% whichever is lower whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Which broker has 0 spread?

IC Markets Global boasts some of the tightest spreads of all forex brokers globally. Spreads start at 0.0 pips on the MetaTrader 4 and 5 platforms with the average on EURUSD being 0.1 pips 24/5.

What is the annual charge of Zerodha?

Zerodha charges an Account Maintenance Charge (AMC) of ₹300 + 18% GST per year on your demat account. This amount is deducted from your Zerodha account balance every quarter from when you opened your account.