Top 7 Best Discount Broker In India 2022

Top 7 Best Discount Broker

So in this article suggest the top 7 Best Discount Broker In India 2021. 

Stock Brokers – Whether or not traders or investors make money in the stock market, there is a market participant who always makes money.

Discount brokers charge a fixed brokerage towards the trade regardless of the volume of trading which helps you to save decent money on your brokerage charges.

But if you see the total amount you pay to the broker on a number of transactions you will realize that you are probably paying a bomb.

Read Also | Top 7 Best Mobile Trading App in India 2021 (Investment your fund)

Here is the list of 7 best discount brokers in India 2021

Discount Broker In India

#1. Zerodha Discount Broker

Zerodha, and Nitin Kamath was established in 2010. India offers the largest discount free equity. And mutual funds, and so a day.

Discount Broker In India

Zerodha Brokerage Fee

TypeBrokerage
Equity DeliveryRs. 0
Equity IntradayLower of Rs. 20 per executed order or 0.01%
Equity OptionsRs. 20 per executed order
Currency Futures & OptionsLower of Rs. 20 per executed order or 0.01%

#2. Upstox Discount Broker

Stock distribution price is free for investment.

Discount Broker In India
Image Source-Upstox.com

Upstox Demat Account fee

TypeBrokerage
Equity DeliveryRs. 0
Equity IntradayLower of Rs. 20 per executed order or 0.01%
Equity OptionsRs. 20 per executed order
Currency Futures & OptionsLower of Rs. 20 per executed order or 0.01%

#3. 5Paisa Discount Broker

IIFL to provide a low-brokerage platform so for our customers and launched to compete with the fast-growing discount broking industry 5Paisa.

Discount Broker In India
Image Source-5Paisa.com

5Paisa Account fee

  • Delivery Trading: Rs 20 per trade
  • Intraday Trading: Rs 20 per trade
  • Equity Futures: Rs 20 per trade
  • Equity Options: Rs 20 per trade
  • Currency Futures: Rs 20 per trade
  • Currency Options: Rs 20 per trade

#4. Samco Discount Broker

SAMCO feature is that so you can afford. Debt stock and so other financial products.

Samco Review
Image Source – samco.in

Samco Brokerage Charges

TypeBrokerage
Equity DeliveryLower of 0.2% or Rs. 20 per order
Equity IntradayLower of 0.02% or Rs. 20 per order
Equity OptionsLower of 0.02% or Rs. 20 per order
Currency Futures & OptionsLower of 0.02% or Rs. 20 per order

#5. Trade Jini Broker

TradeJini Financial Services Limited is a Bengaluru based discount broker with so a maximum brokerage of Rs. 20 per executed order.

 Trade Jini Broker
Image Source – Tradejini.com

TradeJini Brokerage Fee

TypeBrokerage
Equity DeliveryRs. 20 per executed order or 0.1% of turnover whichever is lower
Equity IntradayRs. 20 per executed order or 0.01% of turnover whichever is lower
Equity OptionsRs. 20 per executed order
Currency Futures & OptionsRs. 20 per executed order or 0.01% of turnover whichever is lower

#6. TradingBells Broker

RS calls and business costs. 20 according to the order executed. Closed RMS trades will also be treated as calls and trades and charged Rs. 20 according to the order executed.

TradingBells Broker
Image source – TradingBells.com

TradingBells Brokerage Fee

TypeStandard PlanPremium Plan
Equity DeliveryZero0.30%
Equity Intraday0.01% or Rs. 20 per executed order whichever is lower0.03%
Equity OptionsFlat Rs. 20 per executed orderRs. 30 per lot
Currency Futures 0.01% or Rs. 20 per executed order whichever is lower0.03%

#7. TradeSmart Online Discount Broker

Business smart traders and investors at brokerage, higher margins, and so good a Mumbai, India-based discount broker to a rapid search for the trading platform.

TradeSmart Online Discount Broker
Image Source -tradesmartonline.in

Trade Smart Online Brokerage fee:

  • Delivery: Rs 15 per trade (Power plan) or 0.07% (value plan)
  •  Account opening charges: Rs 400
  • Annual Maintenance charges: Rs 300 (Second year onwards)

Read Also | Top 12 Best Investment Options In India For 2021

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