Lowest brokerage in India 2026

If you're looking for the **lowest brokerage broker in India in 2026**, these are among the most competitive options: | Broker | Equity Delivery | Intraday / F&O | |--------|------------------|----------------| | **m.Stock** | ₹0 | ₹0 (with lifetime zero brokerage plan after one-time fee) | | **Zerodha** | ₹0 | ₹20 or 0.03% per executed order (whichever is lower) | | **Groww** | ₹0 | ₹20 or 0.1% per order (minimum ₹5 for some segments) | | **Upstox** | ₹0 | ₹20 per order (plan-dependent) | | **Dhan** | ₹0 | ₹20 per order | | **Angel One** | ₹0 | Up to ₹20 per order (depending on segment/plan) | ### Which one is best? - **Lowest overall brokerage:** **m.Stock** if you're comfortable paying its one-time lifetime plan fee for zero brokerage thereafter. - **Best for active traders:** Zerodha or Dhan due to stable platforms and transparent pricing. - **Best for beginners:** Groww because of its simple interface. - **Best balance of cost and features:** Zerodha remains a popular choice among experienced investors. If your priority is **intraday**, **F&O**, or **long-term investing**, I can narrow down the best broker for that specific use case.

The cheapest broker for you depends on whether you trade high volumes, buy for long-term equity delivery, or trade Options/Futures. ### Top Low/Zero Brokerage Brokers in India #### 1. True "Zero Brokerage" (Subscription / Special Models) * **Flattrade:** Offers **₹0 brokerage** across Equity Delivery, Equity Intraday, Futures, and Options with zero AMC charges. * **m.Stock (by Mirae Asset):** Offers a lifetime **₹0 brokerage** plan across all segments (Delivery, Intraday, F&O) for a one-time onboarding fee. * **Kotak Neo (Youth Plan):** Offers zero brokerage on Intraday and F&O for users under 30 years old under specific plans. --- #### 2. Lowest Flat Fee / Discount Brokers * **Sahi:** Focuses heavily on Options traders with a flat fee of **₹10 per order**. * **Zerodha / Groww / Angel One / Upstox:** * * **Equity Delivery:** ₹0 (Free). * **Intraday & F&O:** Flat **₹20 per order** (or 0.03% / 0.05% whichever is lower). --- ### Brokerage & Charges Comparison | Broker | Equity Delivery | Equity Intraday | Futures & Options (F&O) | Account Maintenance (AMC) | |:--- |:--- |:--- |:--- |:--- | | **Flattrade** | ₹0 | ₹0 | ₹0 | Free | | **m.Stock** | ₹0 | ₹0 | ₹0 | Free (One-time setup options available) | | **Sahi** | ₹0 | ₹0 / Discounted | ₹10 per order | Free | | **Zerodha** | ₹0 | ₹20 or 0.03% | ₹20 per order | ₹300 / year | | **Groww** | ₹0 / ₹20 | ₹20 or 0.05% | ₹20 per order | Free | --- > ⚠️ **Important Note on "Hidden" Regulatory Charges** To help narrow down the best choice for your needs, what type of trading or investing do you primarily do (e.g., long-term delivery, daily intraday, or F&O options trading)?

As of July 2026, the lowest brokerage charges in India are primarily offered by discount brokers, which charge a flat fee of ₹20 or less per executed order, with many offering free equity delivery. Based on 2026 rankings, here are the top options for low-cost trading: 1. Top Lowest Brokerage Brokers (2026) - **:** Highly competitive, offering zero brokerage on all trades (delivery, intraday, F&O) under their popular unlimited plans. - **Finvasia (Shoonya):** Known for offering zero brokerage across all segments, including intraday and F&O. - **ProStocks:** Offers zero brokerage on equity delivery and low, fixed monthly plans. - **Zerodha:** Continues to be a market leader, offering free equity delivery and a flat ₹20 fee for intraday and F&O. - **Groww:** Popular for beginners, providing free equity delivery and a flat ₹20 for intraday. - **5paisa:** Features aggressive, flat-rate pricing. 2. Key Brokerage Structures 2026 - **Equity Delivery (Long-term):** Free (₹0) with brokers like Zerodha, Groww, Angel One, and m.Stock. - **Intraday & F&O:** Generally flat ₹20 per executed order (lower of ₹20 or 0.03%). - **Special Mentions:** Some brokers like and Flattrade have zero brokerage plans. 3. Comparison of Top Brokers (2026) | Broker | Best For | Equity Delivery | Intraday/F&O | |---|---|---|---| | **m.Stock** | Lowest Cost | ₹0 | ₹0 (or flat fee) | | **Finvasia** | Zero Brokerage | ₹0 | ₹0 (Zero) | | **Zerodha** | Overall/Reliability | ₹0 | ₹20 per trade | | **Groww** | Beginners | ₹0 | ₹20 per trade | | **Angel One** | Advisory/Fast Tech | ₹0* | ₹20 per trade | *Note: Angel One offers ₹0 brokerage for the first 30 days up to ₹500. *Disclaimer: Brokerage plans can change. Always check the official website of the broker for the most current fee structure before opening an account.* To help you narrow down the best broker, tell me: - Are you a **long-term investor** or an **active intraday/F&O trader**? - What is your **estimated monthly trading volume**? - Is having **advanced research/advisory tools** important, or just the lowest cost?