Zero Brokerage Trading in India-2017


When it comes to trading, the brokerage amount is a significant component in the list of expenses that an active trader has and when brokerage is calculated on percentage of trades, it turns out to be even more considerable. Free trading is not a myth anymore. With growing competition in Indian brokerage industry, few brokers have reduced their brokerage to zero on equity delivery trading.

What does zero brokerage trading mean to you?

After the stunning success of Robinhood with its free delivery mobile trading app in US, some discount brokers in India also started zero brokerage trading in delivery segment. Discount broker like Zerodha and Upstox lets you buy and sell individual stocks in cash segment at Rs 0 per trade. The idea behind it is to introduce beginners to trade in stock market with free equity delivery trades and as they become used to with trading, they will more likely to do intraday and derivative trading which is not free.

As per market analysis, very few investors invest money in delivery trading, it’s great marketing strategy to provide free brokerage in one segment. 

Second form of free brokerage trading is monthly or yearly plans – brokers like Prostocks, SAS Online is providing Equity delivery and equity derivative monthly plan in just Rs 899/999 per month. This plan is almost like free trading for active investor who performs daily high volume trade in equity segment.

How monthly plans cost me less than pay per trade?

If you are active trader and perform average 40 to 60 trades per day and if you pay Rs 20 per trade, it sum up to Rs 800 to 1200 per day as brokerage charges. In such case broker like Prostocks is providing free trade or almost like free trade after paying monthly fee of Rs 899.

Rs 899 or Rs 499 are recovered by levying brokerage in contract note @ 2.5%  as and when trades are done by the client in any particular month after that they charge .01 Rs (1 Paisa per trade) as brokerage which is kind of free trading.


Zerodha

Rated-4.5/5 Overall

Zerodha Logo
Read the Zerodha Review

Zerodha Brokerage

Zerodha - A discount broker is the one who came with unique idea to start free share trading in India financial market. Zerodha is giving best deal for long term investors who just want to invest and hold stocks in portfolio.
  • Free Equity Delivery Trading
  • Rs 20 or 0.01% whichever is lower for Equity Intraday, F&O, Commodity and Currency
  • Call and Trade - Rs 20 Per Trade

Special Offer:100 Rs off on account opening fee for limited time. Sign up now.

Upstox (RKSV)

Rated-4.5/5 Overall

Upstox (RKSV) Logo
Read the Upstox (RKSV) Review

Upstox Brokerage

Upstox - A discount broker, is following Zerodha and start offering free share trading in India financial market.For long term investors or casual traders who just want to invest and hold stocks in portfolio, free equity delivery trading is what they are looking for. In case you are professional trader or active trader, still max Rs 20 per trade is also very low brokerage share trading with compare to % base share trading.
  • Free Equity Delivery Trading
  • Rs 20 or 0.01% whichever is lower for Equity Intraday, F&O commodity and currency
  • Call and Trade - Rs 20 Per Trade

Special Offer:Zero Account Opening Fee.Get the offer.

ProStocks

Rated-4/5 Overall

ProStocks Logo
Read the ProStocks Review

Prstocks Brokerage

Prostocks - A discount broker, is not providing directly free trading but for active traders or professional trader providing monthly plan which is almost like free trading after few trading session. Yes, Prostocks is providing monthly unlimited trading plan for 899 in equity cash and derivatives, for frequent trader after 20 trades compare to Zerodha, Upstocks client enjoy free trading for full calendar month.
  • Rs 899 Monthly plan for Equity Case and Derivatives.
  • Rs 15 per trade plan
  • Call and Trade - Rs 10 Per Trade

Special Offer:Free Life time Demat AMC & Trading AMC for limited time.Sign up now.

SAS Online

Rated-4/5 Overall

SAS Online Logo
Read the SAS Online Review

SAS Online Brokerage

SAS Online - A discount broker, providing monthly unlimited trading plan @999 Rs PM for active traders or professional trader.SAS Online offer Zero % brokerage which mean you need to pay a fixed price per executed order or a fixed monthly price to carry out unlimited number of trades.
  • Rs 999 Monthly plan for Equity Case and Derivatives.
  • Rs 9 per trade plan
  • Call and Trade - Rs 20 Per Trade

Special Offer:Zero account opening fees (Rs 200 waived) for limited time. Get the offer.

How brokers get benefit when they are providing free delivery trading?

As per financial experts, broker’s revenue mostly comes from intraday and derivative traders. Brokers do not generate huge income from delivery trading. Delivery based trading is very less, also to invest in delivery trading, investor need to pay 100% amount in cash. Brokers who are providing zero brokerage trading, main source of income for them is interest on your money which is left unused in your account, as well as some brokers also do prop trading from the fund which is left out in their account.

Are these brokers reliable?

Answer to this question is yes, brokers like Zerodha, Upstox, ProStocks,SAS Online are 100% reliable brokers. They are regulated by SEBI and are registered members of NSE, BSE, MCX.

When it’s come to "0 brokerage trading India", do they have any hidden charges?

There are no hidden charges in brokerage for Zerodha, Upstox, Prostocks, SAS Online. Other charges like transaction charges, STT, SEBI turnover fees, GST, stamp duty, demat charges are extra from brokerage and you need to pay as per broker’s policy. There are no other charges charged by broker like minimum brokerage or any hidden charges.

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Guaranteed Save 60% to 90% Brokerage + Taxes

ProStocks, The Flat Rate Discount Stock Broker

Fix Price - Rs 15 Per Trade


Rs 899/Month,8999/Year for
Equity Cash and F&O

Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

Get FREE Trading + Demat Acct

Zerodha  Zerodha

Free Delivery trading

Max Rs 20 Per Trade for F&O

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

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Indore Lucknow Nagpur Ludhiana

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Allahabad Kanpur Patna Ernakulam



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