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.
- Zerodha – Best broker overall
- 5Paisa – Best for investors
- Angel Broking – Best for IRA accounts
- Sharekhan – Best web platform
- HPLIK – Best for professionals
- Bansal – Best rewards program
- Motilal Oswal – Best platform technology
Here’s a summary of the best online brokers:
- Best Overall – Open 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 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
- Best for Low Costs – Open Account
Rated our #1 online broker for traders in 2019, TD Ameritrade charges $6.95 per trade and offers the largest variety of trading tools through its desktop-based thinkorswim and Mobile Trader 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
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.
Last updated on Aug 1, 2019
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