Best Online Brokers for Stock Trading

At Moneymunch, we strive to help you make the financial decision with confidence. To do this, many or all of the products featured here are from partners of iNiSolution. However, this doesn’t influence our evaluations. Our opinions are our own.

Would you like to go trading? If so, you will need an online broker account. Choosing an online stock broker is one of the most important decisions you will make as an investor. This guide aims to introduce online trading and break down the best online trading platforms available today. Our rating for online brokers takes into account over 15 factors, including account fees and minimums, investment choices, customer support, and mobile app capabilities.

Top Online Brokers for Stock Trading in India

After spending eight months on 11 Indian stock brokers from we find out these three as top broking platforms.
  • Zerodha – Best broker overall
  • 5Paisa – Best for low costs
  • FT Capital – Best for professionals
  • Coming soon – Best for Forex Trading

Here’s a summary of the best online brokers:

  • zerodha
    Best OverallOpen Account
    Rated our #1 online broker for traders in 2019, Zerodha Broking charges Rs.20 per trade, delivery Rs.0 and offers the largest variety of trading tools through its desktop-based Pi and Web & Mobile Kite platforms. It also ranks #1, alongside its Best in Class rating, for numerous other categories including Beginners, Trading Platforms and Tools, Customer Service, and Education, among others. Read full review
  • 5 paisa
    Best for Low CostsOpen Account
    5Paisa investments charge Rs.10 per trade and received 4.5 stars in our 2019 Review. It is our top recommendation for discount trading. When compared to other brokers, you save more than 90% on brokerage costs on all segments. It operates on the principle of self-investment and provides brokerage free services to 350 thousand+ happy customers. Read full review
  • ft capital logo
    Best for professionalsOpen Account
    Fortune is an online financial services company since the 2004 year that facilitates dynamic trading through 0.01% brokerage. 20X highest exposure for NSE and MCX professional traders. It offers you exemplary services and robust platforms [Web-based, EXE-based trading, and Mobile App] to trade in Equities, Derivatives (Futures & Options), Currency Derivatives and Commodities along with Demat Services and Mutual Fund Investments. Read full review

Three FAQs by Beginners

How much money required to open a trading account?

It doesn’t take a lot of money to get started. Many stockbrokers allow you to open an account for Rs.0.

What is a brokerage charge?

A brokerage charge is a fee charged by a stockbroker company to execute transactions or provide specialized services.

Is money secure in a brokerage account?

Choose SEBI registered broker. Your money will 100% safe. We’ve selected SEBI registered stockbrokers for the safety of readers/followers.

Still not sure? Are you confused? Ask us! Whether you are a beginner investor learning the ropes or a professional trader, we are here to help. Email us we will respond within one business day or call us at +91 955 814 2070. It is our satisfaction guarantee.

Last updated on Aug 1, 2019

Disclaimer: It is our primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While Moneymunch.com has all data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third-party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by Moneymunch.com, nor shall it bias our reviews, analysis, and opinions.
We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.
So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.