TopShareBrokers.com Logo
FREE Account Opening + Lifetime Free Demat AMC*
Loading...

Best Online Brokers in India


Best Online Brokers in India 2022

These days, online trading has gained extreme popularity because of the flexibility to trade yourself. Brokers offer different platforms such as mobile trading apps, desktop trading software, and a trading website to allow customers to trade online. If you are looking for the best online brokers in India, scroll down the page to go through a list of the top 10 online stock brokers.

Online trading can be referred to as electronic trading using the internet and computer, hence, much faster than traditional or offline trading. people can open an account and start online trading through brokers' platforms in equities, derivatives, commodities, and currencies. Traders can now track stock prices and other required information electronically on the online platforms and receive instant price alerts that make trading & investment easier. Online trading drives the benefits of one-tap buy and sell shares instantly with less processing time than offline mode. People can now trade across segments anytime anywhere, without any requirement to visit any physical offline branch or franchise office.

The best online stock brokerage firm is the one that offers multiple online trading platforms (web, desktop, and mobile app). Platforms built with a user-friendly interface and easy accessibility with zero connectivity issues are the best online trading platforms. You can also check the platform functionalities and features (trading & investment products availability, hassle-free fund transfer, order placement, etc.) for comparison and select the best one. Traders & investors should also look for brokers who offer online customer support over email, telephonic customer services, and online Help & support platform via ticket. Zerodha is the best online stock broker, with its multi-lingual Kite trading platform, available in web and app versions. Kite is an all-in-one platform that provides multiple exchange trading, superior charting, hundreds of technical indicators, one-tap order placement, and online customer support to raise queries and get instant resolution within 24 hours.

Here is a list of the top 10 or best online brokers in India 2022.

Best Online Brokers in India 2022

Broker Account Opening Equity Delivery Brokerage
(Maximum per order)
Review Request Callback
ZerodhaOnline Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)FreeRs 20Zerodha ReviewOpen Account
UpstoxPromotion offer: Free2.5% or Rs 20 whichever is lower Rs 20Upstox ReviewOpen Account
Angel OneFreeFreeRs 20Angel One ReviewOpen Account
Paytm MoneyFree2.5% or Rs 15 whichever is lowerRs 15Paytm Money ReviewOpen Account
EdelweissFreeFlat Rs. 10 per executed orderRs 10Edelweiss ReviewOpen Account
  • Ranked #1 Broker in India(5*)
  • Get 100% Free Delivery Trading
  • Risk Free Account Opening
  • 5paisaFreeFlat Fee Rs 20Rs 205paisa ReviewOpen Account
    ProStocksFreeFreeRs 15ProStocks ReviewOpen Account
    IIFL SecuritiesFreeFlat Rs 20 per orderRs 20IIFL Securities ReviewOpen Account
    FyersFreeFreeRs 20Fyers ReviewOpen Account
    Alice BlueFreeFreeRs 20Alice Blue ReviewOpen Account

    Best Online Brokers in India 2022 – Final Verdict

    Zerodha is the best online broker in India, its Kite platform is an in-house developed online trading platform that supports online trading in equity, F&O, commodity, and currency segments. The web and mobile-enabled Kite online platform is an easy and fast trading platform with advanced charting, data widgets, and other unique features. It is further integrated with many 3rd-party apps like Sentinel, Streak, etc., to provide better services. The broker has also considered the platform safety aspect by providing 2 Factor authentication and additional security by biometric login via face ID.

    Upstox Pro (mobile app and website) ranks as the 2nd best online platform to trade on BSE, NSE, and MCX. It is essentially the best platform for traders to access advanced charting, 100+ technical indicators, technical and fundamental analysis of stocks, watchlist widgets, and get historical price data. Paytm Money, Angel One, Edelweiss, 5paisa, and Prostocks are the other top online brokers that one may consider for trading online.

    Open your account with most trusted brokers in the industry.

     Demat Account
     Demat Account
     Demat Account
     Demat Account

    Zerodha FAQs

    Zerodha has ranked as the number 1 broker for online trading in the equity, F&O, commodity, and currency segments. The ultra-light and low-bandwidth Kite is a free online platform with multiple order types, easy fund transfer, powerful charting, ChartIQ & TradingView charting library, stock news, and other features. Zerodha customers can start online trading through the Kite website or Kite Android and iOS mobile app. It also has a dedicated mutual fund investment platform, Zerodha Coin, that allows free online investment in direct mutual funds at zero brokerage.

    Customers can also raise their queries on the Kite “Help & Support” option and get instant resolution. Kite for Zerodha is also integrated with other platforms including Sentinel, Streak, smallcase, etc.

    Customers can also get Kite API Access to build their front-end trading platform as per their requirements. However, the broker doesn’t provide an installable desktop trading terminal to its clients.

     

    Upstox is one of the preferred online discount stock brokerage firms that provide Upstox Pro, one of the fastest trading platforms in India. The all-in-one platform offers online trading in shares, F&O, commodity, currency, digital gold, IPO, and mutual funds. Unlimited customizable watchlist, advanced charting, technical indicators, Trade from charts, instant fund transfer (deposit and withdrawal) are the top-notch features offered by the Upstox Pro platform.

    The online discount broker further provides many 3rd party trading tools like Dartstock (installable trading software), Nest Trader (Desktop trading software), Fox Trader (Algo trading software), and options strategy builder.

     

    Prostocks discount broker offers all kinds of online platforms including a browser-accessible website, mobile app, and downloadable desktop trading software. Prostocks app is a lightweight feature-rich mobile app that is very easy to use and compatible across Android and iOS devices. Clients can get real-time market quotes, create multiple watchlists, and access intraday charges to track price movement over a different timeframe.

    However, if you are a trader then Prostocks Desktop trading terminal is the best for you to analyze stock price movements, identify the trend strength, and execute your trading strategy efficiently. It is a fully customizable trading software that facilitates clients to customize the trading analysis.

    All of the online trading platforms offered by Prostocks are free at zero subscription charges.

     

    Zerodha Kite is the best platform for online trading in India available as a browser-enabled trading website or mobile trading app. The easy user interface, multiple market watchlists, comprehensive charting, unified instrument search bar, live stock market quotation, and advanced order types i.e. GTT, bracket order, cover order. The broker keeps adding more innovative features to the platform to stay on the top of the list of best online trading platforms. Mobile traders can download the Kite app on android and iPhone devices from the play store and the app store.

     

    No, Zerodha does not provide installable desktop trading software for online trading. Earlier, it was offering a third-party PI desktop platform but stopped later, and now, it only offers Kite web-based and Kite mobile app to android and iOS platform users. The Next-gen technology-enabled Kite platform provides users with many features at high speed, safety, and security.

     

    In today’s time, all the brokers have come up with online trading platforms, desktop software, mobile app, or website. Some brokers have developed it in-house, whereas some offer third-party trading platforms. Brokers are constantly striving to add unique features to their platform to rank in the top trading platforms. However, which one is the best broker for online trading? depend on several key factors such as follows;

    1. Types of Trading Platforms: Mobile Trading App (Android or/and iOS), Online trading website, and installable desktop trading terminal.
    2. Segments available for online trading.
    3. Charges: Free or paid platform
    4. User interface and platform feature including charting, stock fundamentals, watchlists, stock market news, alerts & notification, etc.
    5. Platform safety and security.
    6. Online customer support and help.

     


    User Reviews

    No feedback found for this broker. Be the first to post the review.