Commission-free stock trading India (Free equity delivery brokers) (2024)

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Commission-free stock trading India (Free equity delivery brokers) (2)

The free equity delivery trading plan offers brokerage free trading in the Equity Delivery segment or cash & carry segment.

Delivery trades are those trades wherein, the shares you buy are delivered to you and deposited into your demat account. It is in contrast to intraday or Buy Today Sell Tomorrow (BTST) trading wherein you buy and sell shares in a day or two.

Brokers like Zerodha, Upstox, Fyers, ProStocks and Indiabulls offer brokerage free investment in the India stock market. The customer doesn't pay any commission while trading in the equity delivery segment.

Note that the customer requires 100% margin money for trading in this segment. The delivery settlement is done in T+2 days where T is the date of trading.

Zero Brokerage Equity Delivery Trading is suitable for:

  • Long term investors who want to hold onto stocks for weeks, months or years.
  • Seasonal stock market investors who invest for long term

Advantages

  • Truly commission-free investment in the stock market. Other brokers charge Rs 20 per trade to 0.50% of the transaction value.
  • Lowest breakeven point.

Free Equity Delivery Brokers

BrokerBrokerage (Delivery)Demat AMCRequest CallbackReviewCompare
ZerodhaRs 0 (Free)Rs 300Open Account
Angel OneRs 0 (Free)Rs 240Open Account Commission-free stock trading India (Free equity delivery brokers) (5)
FyersRs 0 (Free)Rs 0 (Free)Open Account Commission-free stock trading India (Free equity delivery brokers) (7)
Alice BlueRs 0 (Free)Rs 400Open Account Commission-free stock trading India (Free equity delivery brokers) (9)
FinvasiaRs 0Rs 0 per year (Lifetime Zero AMC)
Master TrustRs 0 (Free)Rs 300
Dhani StocksRs 0 (Free)Rs 0
ProstocksRs 0 (Free)Rs 0 (Lifetime Zero AMC)Open Account Commission-free stock trading India (Free equity delivery brokers) (14)
Espresso SharekhanRs 0 (Free)Rs 400Open Account Commission-free stock trading India (Free equity delivery brokers) (16)
StoxkartRs 0Rs 300

Note: Customers still have to pay for taxes, exchange turnover charges, demat charges, SEBI charges and stamp duty on all the transactions.

5 Comments

5.Rajendra Prasad || Link|December 21, 2023 2:04:45 PMReply

In Zerodha in trading options we have to pay for both buy and sell i.e. Rs.20x2=Rs. 40. So when you do multiple trades you end up losing by dint of thisa charge. So how is it with the other brokers especially mStock which is offering for free with payment of Rs. 999/-

5.1.Gurjinder || Link|January 17, 2024 11:48:53 PM

I find it better on Kotak Securities they are easy on intraday brokerage only 0.01 paisa per executed order, But when there is very heavy order inflow web and app might not take orders for couple of minutes. Charting is not best. But no brokerage really helps person like me who endup taking 128 trades today. I might lose 1000 on transaction but won’t pay brokerage at least

5.2.Sandeep || Link|April 18, 2024 8:44:21 AM

Don't fall for it, each time you trade, they will take away % of margin money which I I'll not be available for trade that day, it could be as high as 10% in currency segment. If you want true zero brokerage across all products, try shoonya though the interface is very good, speed at times is an issue

4.Ankur Vishwakarma || Link|October 24, 2021 7:07:55 PMReply

You have mentioned Upstox in your article, kindly update your article regarding upstox delivery charges.

4.1.Deb || Link|February 14, 2024 5:12:21 PM

there is nothing called 0 charges. For stocks, they charge based on the amount you purchase shares. For example buying shares worth 18000, would cost Rs. 25/30.

3.Biswajit || Link|January 17, 2024 10:11:51 AMReply

All are Dalal apps high charges money withdrawal time 40% debited your main balance

2.Siby Daniel || Link|January 3, 2024 7:20:08 PMReply

Please add Flatrade also in list of free broker.. Now their services also getting better.Using since 2 years..

1.Aditya || Link|April 26, 2023 7:07:43 PMReply

Zerodha has ₹20 flat trading charges or 0.03%. Please update. This was also coming on the ad that was coming on your website.

1.1.Jignesh Parmar || Link|September 23, 2023 5:17:22 PM

That's for trading not delivery. If you are going to hold the stock and going to take delivery of the stock in your demat for the same, then brokerage charges are zero.

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Commission-free stock trading India (Free equity delivery brokers) (37)
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Commission-free stock trading India (Free equity delivery brokers) (40)Kotak Securities
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Commission-free stock trading India (Free equity delivery brokers) (44)Paytm Money

Commission-free stock trading India (Free equity delivery brokers) (45)

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Commission-free stock trading India (Free equity delivery brokers) (46)

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Commission-free stock trading India (Free equity delivery brokers) (47)

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Commission-free stock trading India (Free equity delivery brokers) (2024)

FAQs

Commission-free stock trading India (Free equity delivery brokers)? ›

Brokers like Zerodha, Upstox, Fyers, ProStocks and Indiabulls offer brokerage free investment in the India stock market. The customer doesn't pay any commission while trading in the equity delivery segment. Note that the customer requires 100% margin money for trading in this segment.

Is commission-free trading really free? ›

Commission-free trading is a transaction type that allows you to buy and sell stocks, options, and exchange-traded funds (ETFs) without having to pay commissions to your broker. Depending on your brokerage, commissions might make up only a part of overall trading fees.

What is the best free trading platform in India? ›

Intro and winners
  • TradeZero - the best free trading app in India in 2024. ...
  • tastytrade - Low trading fees. ...
  • Alpaca Trading - Great API trading service. ...
  • Firstrade - Free stock, ETF, fund and options trading. ...
  • ChoiceTrade - Commission-free stock and ETF trades. ...
  • Trading 212 - Real stocks and ETFs are commission-free.
May 27, 2024

What is the lowest brokerage charges for delivery trading in India? ›

Brokerage charges for delivery involve both percentage based as well as flat fees on every trade. The percentage fees can range between 0.10% to 0.50% of the entire transaction value. The lowest brokerage charges are 0.10% for delivery.

Which platform has zero brokerage charges? ›

Stock, Groww, 5Paisa, Fyers, Upstox, etc. also offer zero brokerage services. These discount brokers typically have lower charges compared to full-service brokers, making them a cost-effective choice for traders.

Which broker has no commission? ›

Compare the Best Discount Brokers
CompanyAccount MinimumFee & Commissions
Interactive Brokers$0$0 commissions for stock/ETF trades, $0.65 per contract for options trades
Webull$0$0 commissions for stock, ETF, and options
moomoo$0$0 commissions for stock, ETF, and options
1 more row
May 31, 2024

Which broker does not charge fees? ›

Brokers like Zerodha, Upstox, Fyers, ProStocks and Indiabulls offer brokerage free investment in the India stock market.

Who is India's most trusted trader? ›

Top 10 Traders In India 2024:-
RankTrader Name
1Premji and Associates
2Radhakrishnan Damani
3Rakesh Jhunjhunwala
4Raamdeo Agrawal
6 more rows
Apr 30, 2024

Who is No 1 trading app in India? ›

Best Trading Apps for 2024: Fees and Features,
Trading AppsTop FeaturesTrading charges
Zerodha KitePossesses every possibility for stock tradingRs.20
Angel OneQuick stock purchases and salesRs.20
Upstox AppIdeal for immediate investmentRs.20
Groww AppIdeal for Novices0.05% or Rs.20(whichever is lower)
6 more rows

Which app is best for NRI to invest in India? ›

Groww NRI is an exclusive to NRI app by Groww. This app is dedicated towards providing services to NRIs. You can invest in Indian Mutual Funds using your NRE/NRO account on this app.

Which broker is best for equity delivery? ›

List of delivery Brokerage of Top 20 Stock Brokers | Compare Equity Delivery Brokerage
RankTop 20 Best Share BrokersEquity Delivery Brokerage
1ZerodhaFree
2Upstox (RKSV)₹20/trade or 0.05% whichever is lower
3Groww₹20/trade or 0.05% whichever is lower
4Angel-OneFree
16 more rows

Which broker is the cheapest in India? ›

Brokerage and Hidden Charges of Top 20 Share Brokers in India
BrokerDelivery BrokerageOptions Brokerage
ZerodhaZero BrokerageFlat ₹20 per executed order
Paytm MoneyZero Brokerage₹10 per executed order
UpstoxZero Brokerage₹20 per executed order
ICICIdirect0.55% to 0.75%₹95 per executed order
16 more rows

Which brokerage is best in India? ›

To help you navigate through the options, we've compiled a list of the top five stock brokers in India for 2024:
  • HDFC Sky: HDFC Sky, offered by HDFC Securities, has established itself as one of the premier stock brokers in India. ...
  • Zerodha: ...
  • Groww: ...
  • Upstox: ...
  • Angle One:
May 29, 2024

Is Zerodha really brokerage free? ›

What are Zerodha brokerage charges? Zerodha offers brokerage free equity delivery trades and Mutual Fund investments. It charges flat Rs 20 or 0.03% (whichever is lower) per executed order brokerage fee for trading in Intraday and F&O across Equity, Currency and Commodity segments.

Is there a trading platform with no fees? ›

Fidelity offers $0 trading commissions, a selection of more than 3,300 no-transaction-fee mutual funds and top-notch research tools and trading platform. Its zero-fee index funds and strong customer service reputation are just icing on the cake.

Which free trading platform is best? ›

List of The Top 10 Trading Apps In India
RankNamesBest Offers
1Paytm MoneyNo current offers
2Zerodha KiteZerodha Referral and Earn: Flat 10% Brokerage + Extra 300 Reward Points
3Angel OneFree Offer : Free Demat Account
4Upstox AppSign Up Offer: Sign up for Free and start your investing journey today
6 more rows

Does free trade take commission? ›

With Freetrade all investments are commission-free, whether that's US, UK or European stocks, fractional shares, ETFs, investment trusts or REITs.

Is there a catch to free stock trading? ›

The payments for order flow used by brokerages to make money from commission-free trades may result in lower quality order execution, leading to slightly higher buy prices and marginally lower sell prices.

Why is free trading on Robinhood not really free? ›

We don't charge you fees to open or maintain your account. However, the following regulatory organizations charge Robinhood fees for trading that we do pass on to you to cover our costs: The Financial Industry Regulatory Authority (FINRA) charges a regulatory transaction fee and trading activity fee for sell orders.

Does free trade have costs? ›

The Costs of Free Trade. There are two potential costs of free trade in this model. The first involves the potential costs of adjustment in the industry. The second involves the possibility that more varieties will increase transaction costs.

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