Answered 12 July 2026
In 2026, the concept of "zero brokerage" in the Indian stock market generally falls into two categories: platforms that offer **zero brokerage on equity delivery (long-term investing)** but charge for intraday/F&O, and platforms that offer **absolute zero brokerage across all segments** (usually through a one-time fee or subscription model).
Here is a breakdown of the best zero-brokerage apps in India for 2026 based on your trading or investing style:
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## 1. Absolute Zero Brokerage Across All Segments
If you are a heavy Intraday or Futures & Options (F&O) trader, these apps offer plans that eliminate the standard ₹20-per-order fee entirely.
### m.Stock (by Mirae Asset)
* **The Model:** A one-time lifetime fee plan (around ₹999) gives you **₹0 brokerage forever** across all segments—Equity Delivery, Intraday, F&O, Currencies, and Mutual Funds.
* **Best For:** High-volume traders looking to save lakhs in brokerage fees over time.
* **Pros:** Backed by a massive global financial house; solid Margin Trading Facility (MTF) options.
### Flattrade
* **The Model:** Genuinely free. They offer **₹0 brokerage on all orders** across Cash, F&O, Currency, and Commodities with no lifetime AMC (Annual Maintenance Charges).
* **Best For:** Budget-conscious traders who want zero upfront subscription costs.
* **Pros:** Complete zero-fee structure across the board.
* **Cons:** Interface and charting tools are functional but slightly basic compared to premium giants.
### Stoxkart
* **The Model:** Offers a "SmartTrader Plan" subscription model (e.g., ₹99/month or ₹699/year) that unlocks **unlimited zero brokerage trading** across segments.
* **Best For:** Active traders who prefer a predictable low-cost subscription over per-order fees.
* **Pros:** Integrates TradingView charts and provides automated research/Robo-advisory tools.
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## 2. Zero Brokerage on Equity Delivery (Traditional Discount Brokers)
If you are a long-term investor who buys and holds stocks, the industry giants charge **zero brokerage on Delivery**, though they still charge a flat ₹20 per trade for Intraday and F&O.
### Zerodha Kite
* **The Model:** ₹0 for Equity Delivery and Direct Mutual Funds; Flat ₹20 or 0.03% for Intraday/F&O.
* **Best For:** Investors and traders who prioritize platform stability, a clean user interface, and an ecosystem focused on financial education (Varsity).
* **Pros:** Arguably the most reliable app during high-volatility market hours.
### Groww
* **The Model:** Zero commission on Direct Mutual Funds. For stocks, it charges the lower of ₹20 or 0.05% per executed order.
* **Best For:** Complete beginners who want a dead-simple, highly intuitive user interface.
* **Pros:** Lightning-fast onboarding and an all-in-one app structure for stocks, mutual funds, and IPOs.
### Angel One / Upstox
* **The Model:** Free equity delivery (though seasonal promo offers apply, Upstox and Angel One generally offer free delivery/discounted periods, charging a flat ₹20 for F&O and intraday).
* **Best For:** Users wanting advanced analytical tools, margin funding, and free advisory/research reports (especially via Angel One).
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## 💡 Important Checklist Before Choosing
While brokerage might be ₹0, remember that **regulatory and statutory charges** are mandatory and charged by every app. You will still pay:
1. **STT (Securities Transaction Tax)**
2. **SEBI Turnover Fees & Exchange Transaction Charges**
3. **Stamp Duty**
4. **DP (Depository Participant) Charges:** Usually ₹13–₹20 levied by the depository when you *sell* stocks from your Demat account.
Which segment do you plan on trading or investing in the most (e.g., long-term delivery or quick intraday/F&O)?