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+--- Thread: brokers offer zero brokerage in india (/thread-559.html)
brokers offer zero brokerage in india - Harpreet - 06-09-2024
In India, several stockbrokers offer zero brokerage plans, especially for equity delivery trades, to attract retail investors. Here are some popular brokers that provide zero brokerage or minimal charges:
### 1. **Zerodha**
- **Equity Delivery**: Zero brokerage.
- **Intraday/ F&O/ Currency/ Commodity**: ₹20 or 0.03% per executed order, whichever is lower.
- India's largest stockbroker, offering a wide range of services for traders and investors.
### 2. **Upstox**
- **Equity Delivery**: Zero brokerage.
- **Intraday/ F&O/ Currency/ Commodity**: ₹20 per trade or 0.05% (whichever is lower).
- Popular for its easy-to-use app and low-cost trading options.
### 3. **Groww**
- **Equity Delivery**: Zero brokerage.
- **Intraday/ F&O/ Currency/ Commodity**: ₹20 per order or 0.05% (whichever is lower).
- Primarily known for its mutual funds platform, but also provides zero-cost stock trading.
### 4. **Angel One**
- **Equity Delivery**: Zero brokerage.
- **Intraday/ F&O/ Currency/ Commodity**: ₹20 per trade.
- Offers a flat fee structure and user-friendly trading platforms.
### 5. **5paisa**
- **Equity Delivery**: Zero brokerage for some plans.
- **Intraday/ F&O/ Currency/ Commodity**: ₹20 per trade for its basic plan, with higher plans offering even more benefits.
- Known for its competitive pricing and comprehensive investment options.
### 6. **Paytm Money**
- **Equity Delivery**: Zero brokerage.
- **Intraday/ F&O**: ₹10 per order.
- Provides affordable trading with seamless integration with the Paytm ecosystem.
### 7. **Dhan**
- **Equity Delivery**: Zero brokerage.
- **Intraday/ F&O/ Currency/ Commodity**: ₹20 per trade.
- Offers a feature-rich app focused on long-term and intraday investors.
### 8. **Fyers**
- **Equity Delivery**: Zero brokerage.
- **Intraday/ F&O/ Currency/ Commodity**: ₹20 per trade or 0.03% (whichever is lower).
- Known for its advanced charting tools and investor-friendly platforms.
### Key Points to Consider:
- **Zero brokerage** generally applies only to equity delivery trades, while other segments like intraday, futures, and options still incur charges.
- Always check the **account maintenance charges (AMC)** and other fees such as call-and-trade, DP charges, and withdrawal fees.