# Lowest brokerage in India 2026 · 26 Jun
> What ChatGPT, Gemini, and Google AI Mode said about: Lowest brokerage in India 2026. Brands named, sources cited, sentiment per engine on 26 Jun.

Canonical URL: https://cite.solutions/state-of-ai-india/investing-apps/reports/2026-06-26/p/27
Source: Cite Solutions (cite.solutions)
Published: 2026-06-26
---

[← Investing Apps · 26 June 2026](/state-of-ai-india/investing-apps/reports/2026-06-26)One prompt · three engines

Prompt 27 · 26 June 2026

# Lowest brokerage in India 2026

Three engines were asked the exact prompt above on 26 June 2026. Below is the verbatim answer each one gave, the brands it named, and the URLs it cited.

ChatGPTgpt-5-5

Answered 26 June 2026

If your priority is \*\*the lowest brokerage cost\*\* in India in \*\*2026\*\*, these are among the most competitive brokers: | Broker | Equity Delivery | Intraday | F&O | |--------|-----------------|-----------|------| | \*\*Wisdom Capital\*\* | ₹0 | ₹9/order (or unlimited plans) | ₹9/order (or unlimited plans) | | \*\*Zerodha\*\* | ₹0 | ₹20/order or 0.03% (lower applies) | ₹20/order | | \*\*Groww\*\* | ₹0 | ₹20/order or 0.1% (whichever is lower) | ₹20/order | | \*\*Upstox\*\* | ₹0 | ₹20/order | ₹20/order | | \*\*Angel One\*\* | ₹0 | ₹20/order | ₹20/order | | \*\*m.Stock\*\* | Offers zero-brokerage plans (subscription-based) | Zero brokerage on eligible plans | Zero brokerage on eligible plans | ### Which one should you choose? - \*\*Lowest per-order brokerage:\*\* Wisdom Capital (₹9/order). - \*\*Best overall for most traders:\*\* Zerodha (excellent platform, transparent pricing). - \*\*Best if you want zero brokerage through a subscription:\*\* m.Stock. - \*\*Best beginner-friendly app:\*\* Groww. Keep in mind that brokerage is only part of the cost. Also compare: - DP charges on selling delivery shares - Annual maintenance charges (AMC) - Platform fees (if any) - Margin Trading Facility (MTF) interest, if you use leverage If you mainly trade \*\*F&O\*\*, \*\*intraday\*\*, or are a \*\*long-term investor\*\*, I can recommend the lowest-cost broker specifically for that style.

Brands named

[Zerodha](https://zerodha.com "Visit Zerodha")[Groww](https://groww.in "Visit Groww")[Dhan](https://dhan.co "Visit Dhan")[Upstox](https://upstox.com "Visit Upstox")[Angel One](https://angelone.in "Visit Angel One")

Sources cited · 5

* [Lowest Brokerage Charges in India 2026 - EquityLogyequitylogy.in/lowest-brokerage-charges-in-india](https://equitylogy.in/lowest-brokerage-charges-in-india/?utm%5Fsource=chatgpt.com)
* [Zerodhaen.wikipedia.org/wiki/Zerodha](https://en.wikipedia.org/wiki/Zerodha?utm%5Fsource=chatgpt.com)
* [Top 10 best Stock Brokers in India 2026 by NSE active clientsdhan.co/blog/news/top-10-best-stock-brokers-in-india](https://dhan.co/blog/news/top-10-best-stock-brokers-in-india/?utm%5Fsource=chatgpt.com)
* [Discount broker with zero brokerage | Mirae Assetmstock.com/articles/low-cost-discount-brokerage-in-india](https://www.mstock.com/articles/low-cost-discount-brokerage-in-india?utm%5Fsource=chatgpt.com)
* [Lowest Brokerage Broker In India: 2026 Guidelemonn.co.in/blog/finance/lowest-brokerage-broker-india](https://lemonn.co.in/blog/finance/lowest-brokerage-broker-india/?utm%5Fsource=chatgpt.com)

Geminigemini-3-flash

Answered 26 June 2026

In 2026, the Indian stockbroking landscape is heavily dominated by discount brokers offering competitive structures. If you are looking for the absolute lowest brokerage, platforms generally fall into two main categories: \*\*True Zero-Brokerage Platforms\*\* and \*\*Flat ₹20/Order Discount Brokers\*\*. The breakdown of the lowest brokerage options available right now includes: --- ## 1\. True Zero-Brokerage Brokers (Absolute Lowest) These brokers have eliminated standard trading fees entirely across major segments to capture market share. \* \*\*Flattrade:\*\* Truly a zero-brokerage platform. They charge \*\*₹0 brokerage\*\* across Equity Delivery, Intraday, and F&O segments forever, making them the absolute cheapest headline rate option in 2026\. \* \*\*mStock (by Mirae Asset):\*\* Offers a lifetime zero-brokerage plan across all segments (Delivery, Intraday, F&O) for a one-time upfront account opening fee. \* \*\*Shoonya (by Finvasia):\*\* Another prominent multi-asset platform offering zero brokerage on all segments with zero clearing charges. ## 2\. Standard Flat-Fee Discount Brokers (Most Popular) If you prefer major mainstream platforms with massive user bases and robust tech infrastructure, the standard rate is \*\*₹0 for Equity Delivery\*\* and a flat \*\*₹20 per executed order\*\* for Intraday and F&O. \* \*\*Groww:\*\* Currently India's largest broker by active clients. Charges ₹0 for equity delivery and mutual funds. For Intraday/Equity, it charges \*\*0.1% or ₹20\*\* (whichever is lower). F&O is flat ₹20\. \* \*\*Zerodha (Kite):\*\* The pioneer of discount broking. Charges \*\*₹0\*\* for Equity Delivery and Direct Mutual Funds. Intraday and F&O are capped at \*\*₹20 or 0.03%\*\* (whichever is lower) per executed order. \* \*\*Angel One & Upstox:\*\* Similar to Zerodha/Groww, they charge ₹0 for delivery and a flat ₹20 (or 0.03%–0.1% lower cap) for Intraday and F&O trades. --- ## ⚠️ The "Hidden" Costs to Remember Even with a ₹0 brokerage platform, trading is never entirely free due to government and regulatory mandates. When calculating your actual costs, keep an eye on these \*\*Statutory & Hidden Charges\*\*: 1\. \*\*STT (Securities Transaction Tax):\*\* Charged by the government. It is 0.1% on both buying and selling for Equity Delivery, and 0.025% on selling for Intraday. 2\. \*\*DP (Depository Participant) Charges:\*\* Charged only when you \*\*sell\*\* shares from your Demat account (Delivery). This usually ranges from ₹13.5 to ₹20 per company per day, regardless of broker fees. 3\. \*\*Exchange Transaction Charges:\*\* Charged by the NSE/BSE (\~0.003% to 0.0035%). 4\. \*\*GST:\*\* 18% applied on the brokerage, exchange charges, and DP charges. 5\. \*\*AMC (Annual Maintenance Charges):\*\* Some "free" brokers charge ₹200–₹300 annually to maintain the account, while others offer lifetime free AMC. ## Summary: Which should you choose? \* Choose \*\*Flattrade\*\* or \*\*Shoonya\*\* if you want absolutely zero brokerage bills and are a high-volume intraday/F&O trader looking to save thousands in fees. \* Choose \*\*Groww\*\* or \*\*Zerodha\*\* if you prioritize a highly stable user interface, top-tier chart execution, and server uptime during volatile market hours, as slippage on unstable platforms can sometimes cost more than the brokerage itself.

Brands named

[Groww](https://groww.in "Visit Groww")[Dhan](https://dhan.co "Visit Dhan")[Zerodha](https://zerodha.com "Visit Zerodha")[Angel One](https://angelone.in "Visit Angel One")[Upstox](https://upstox.com "Visit Upstox")

Sources cited · 8

* [Best Demat Account with Lowest Brokerage in India 2026 - Jainamjainam.in/blog/low-brokerage-demat-account](https://www.jainam.in/blog/low-brokerage-demat-account/)
* [Flattrade: Zero Brokerage Trading App in Indiaflattrade.in](https://flattrade.in/)
* [Top 10 Best Stock Brokers in India 2026 by NSE Active Aclients - Dhandhan.co/blog/news/top-10-best-stock-brokers-in-india](https://dhan.co/blog/news/top-10-best-stock-brokers-in-india/)
* [Top 10 Best Stock Brokers in India 2026 by NSE Active Aclients - Dhandhan.co/blog/news/top-10-best-stock-brokers-in-india](https://dhan.co/blog/news/top-10-best-stock-brokers-in-india/#:~:text=Groww%20charges%20zero%20brokerage%20fees,with%20a%20SEBI-registered%20broker.)
* [Top 10 Best Stock Brokers in India 2026 by NSE Active Aclients - Dhandhan.co/blog/news/top-10-best-stock-brokers-in-india](https://dhan.co/blog/news/top-10-best-stock-brokers-in-india/#:~:text=Active%20clients%20as%20of%20May,in%20India%20over%20the%20years.)
* [Brokerage Charges & Pricing - Growwgroww.in/pricing](https://groww.in/pricing#:~:text=Intraday,BUYSELL)
* [Brokerage Charges & Pricing - Growwgroww.in/pricing](https://groww.in/pricing#:~:text=Auto%20Square-off%20charges,18%25%20GST)
* [Flattrade: Zero Brokerage Trading App in Indiaflattrade.in](https://flattrade.in/#:~:text=Trade%20unlimited%20in%20Equity%2C%20F%26O,Secured%20Platform)

AI ModeGoogle AI Mode

Answered 26 June 2026

As of mid-2026, the Indian brokerage landscape is dominated by discount brokers offering zero or near-zero commission structures, particularly for delivery and flat-fee structures for intraday/F&O. Here are the top contenders for the lowest brokerage in India in 2026 based on market trends: - \*\*:\*\* Offers a "zero brokerage" plan for all segments, including equity delivery, intraday, and F&O, for a one-time fee. - \*\*Zerodha:\*\* Remains a top player with free equity delivery trades, while charging a flat rate of ₹20 per trade for intraday and F&O. - \*\*Groww:\*\* Currently leads in active clients in 2026, offering zero brokerage on delivery and a flat ₹20 for intraday. - \*\*Angel One:\*\* Offers competitive pricing with zero charges on delivery and flat ₹20 for active trading segments. - \*\*Kotak Neo:\*\* Offers "Trade Free Plan" with zero brokerage on intraday and equity delivery, making it highly competitive. \*\*Key Considerations for 2026:\*\* - \*\*Brokerage Structure:\*\* Most discount brokers follow a flat fee (₹0 - ₹20) model, which is generally better than percentage-based fees. - \*\*Zero Brokerage Plans:\*\* Some brokers (like m.Stock and Kotak Neo) provide lifetime free plans for equity and derivatives trading. - \*\*Other Charges:\*\* While brokerage is near-zero, remember that GST, SEBI turnover fees, STT, and stamp duty remain constant across all brokers. To provide a more tailored recommendation, I can help you compare these brokers further if you tell me: 1\. \*\*Do you trade mostly in Equity Delivery (long term) or Intraday/F&O?\*\* 2\. \*\*What is your average monthly trading volume?\*\* 3\. \*\*Do you prioritize a low-fee structure over advanced analytical tools?\*\*

Brands named

[Dhan](https://dhan.co "Visit Dhan")[Zerodha](https://zerodha.com "Visit Zerodha")[Groww](https://groww.in "Visit Groww")[Angel One](https://angelone.in "Visit Angel One")

Sources cited · 2

* [watchyoutube.com/watch?v=Z8IbC4A\_9Y4](https://www.youtube.com/watch?v=Z8IbC4A%5F9Y4)
* [m.Stock by Mirae Assetmstock.com/articles/low-cost-discount-brokerage-in-india](https://www.mstock.com/articles/low-cost-discount-brokerage-in-india)

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