If your goal is **lowest brokerage** in India in 2026, these are the strongest options: | App/Broker | Brokerage | Best for | Trade-offs | |------------|-----------|----------|------------| | **Flattrade** | ₹0 brokerage on equity, F&O, commodities & currency | Active traders wanting true zero brokerage | Platform ecosystem is smaller than Zerodha's. | | **Shoonya (Finvasia)** | ₹0 brokerage across segments | Frequent traders | Mixed user feedback on platform stability over the years. | | **Navia** | Lifetime ₹0 brokerage with no AMC | New investors looking for minimal fees | Smaller user base than leading brokers. | | **m.Stock** | Zero brokerage with eligible plans/lifetime offers | Investors wanting a large broker backing | Check the current pricing plan before opening an account. | | **Zerodha** | Free equity delivery; ₹20/order for intraday & F&O | Overall reliability and tools | Not completely zero brokerage. | ### My picks by use case - **Best true zero brokerage:** Flattrade - **Best overall broker (even though not fully zero brokerage):** Zerodha - **Best for beginners:** Zerodha or Groww - **Best for active F&O traders:** Flattrade or Shoonya (because brokerage savings can add up). Keep in mind that **"zero brokerage" does not mean zero trading cost**. You'll still pay exchange transaction charges, SEBI fees, GST, stamp duty, and DP charges (where applicable). If you're mainly interested in **options trading**, I can also rank these apps specifically for **execution speed, charting, margin, and hidden charges**.
Sources cited · 6
- Flattrade: Zero Brokerage Trading App in Indiaflattrade.in
- Shoonya (company)en.wikipedia.org/wiki/Shoonya_%28company%29
- Navia — Zero Brokerage. For Life. | Stocks, F&O, Mutual ...navia.co.in
- Top 10 best Stock Brokers in India 2026 by NSE active clientsdhan.co/blog/news/top-10-best-stock-brokers-in-india
- Discount broker with zero brokerage | Mirae Assetmstock.com/articles/low-cost-discount-brokerage-in-india
- Zerodhaen.wikipedia.org/wiki/Zerodha