Best Brokers by Lowest Brokerage and Transaction Charges-2019

Posted on 7th Jun 2018
by Team TopShareBroker

(4.5/5)

Best Brokers by Lowest Brokerage and Transaction Charges

If you are a delivery trader or IPO investor, you just need a broker who is proving best service, but if you are a trader then it’s a different requirement. For a trader, they need to worry about brokerage, transaction charges, best trading application, high margin and availability of a trading application.

For delivery traders or IPO investors, cheap trading or low brokerage is one advantage, but transaction charges is not a criteria to be worried. As most brokers charge standard transaction charges for delivery trades.

When its come to Intraday, F&O trades, currency, and commodity trades – brokerage + transaction charges play a big role as a volume in such trades are high.

When choosing the right broker for "lowest brokerage" trading, which makes the most difference is the brokerage charged per trade. The other important factor is the transaction charges which not every broker is charging the same amount. It is usually charged on a per car basis. The rate of transaction charges differs by the exchange and the trading segment.

For this review, we didn't only focus on cheapest brokerage/lowest brokerage/low brokerage firms in the Industry but also trying to compare them in terms of low transaction charges/low trading charges which also make a difference in your final profit or loss.

Here we come with "Best brokers by lowest brokerage & transaction charges in India":


Zerodha

Rated-4.5/5 Overall

Zerodha Logo
Read the Zerodha Review

Zerodha Brokerage

  • Free Equity Delivery
  • Rs 20 or 0.01% whichever is lower in Equity Intraday, F&O, commodity and currency
  • Free Direct Mutual Fund investment

Zerodha Transaction Charges on NSE

  • Rs 325/Crore Delivery
  • Rs 325/Crore Intraday
  • Rs 190/crore Future
  • Rs 5000/crore Options
  • Rs 135/crore Curr Future
  • Rs 4400/crore Curr Options

Special Offer:Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.

5paisa

Rated-4/5 Overall

5paisa Logo
Read the 5paisa Review

5paisa Brokerage

  • Rs 10 (Equity Delivery, Intraday, F&O and Currency)
  • Free Mutual Fund account and Direct Mutual Fund investment @10 Rs per transaction

5paisa Transaction Charges on NSE

  • Rs 325/Crore Delivery
  • Rs 325/Crore Intraday
  • Rs 190/crore Future
  • Rs 5000/crore Options
  • Rs 110/crore Currency Future
  • Rs 4000/crore Currency Options

Special Offer:Open 5Paisa Trading Account and get FREE Mutual Fund Account, FREE 1st yr DP AMC, Trade @flat Rs.10 per order, Invest in Direct Mutual Funds.

Upstox (RKSV)

Rated-4.5/5 Overall

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

Upstox Brokerage

  • Rs 20 or 0.01% whichever is lower for Equity Intraday, F&O, commodity and currency
  • Free Equity Delivery

Upstox Transaction Charges on NSE

  • Rs 325/Crore Delivery
  • Rs 325/Crore Intraday
  • Rs 210/crore Future
  • Rs 5500/crore Options
  • Rs 150/crore Curr Future
  • Rs 6000/crore Curr Options

Special Offer:100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.

Finvasia

Rated-4/5 Overall

Finvasia Logo
Read the Finvasia Review

Finvasia Brokerage

  • Rs 0 (FREE Trading)(Equity Delivery, Intraday, F&O, Currency & Commodities)

Finvasia Transaction Charges on NSE

  • Rs 325/Crore Delivery
  • Rs 325/Crore Intraday
  • Rs 190/crore Future
  • Rs 5000/crore Options
  • Rs 115/crore Curr Future
  • Rs 4000/crore Curr Options

Special Offer:Free Account Opening+Free Demat AMC+Free Trading.

ProStocks

Rated-4/5 Overall

ProStocks Logo
Read the ProStocks Review

ProStocks Brokerage

  • Rs 15 Per executed order or Rs 899 Unlimited Equity/ Rs 499 Unlimited Currency

ProStocks Transaction Charges on NSE

  • Rs 325/Crore Delivery
  • Rs 325/Crore Intraday
  • Rs 190/crore Future
  • Rs 5000/crore Options
  • Rs 100/crore Curr Future
  • Rs 4000/crore Curr Options

Special Offer:Free Trading & Demat Account (for limited time only) + ProStocks offer FREE Trading + Demat Account(NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.

SAMCO

Rated-4/5 Overall

SAMCO Logo
Read the SAMCO Review

SAMCO Brokerage

  • Rs 20 Max(Equity Delivery, Intraday, F&O, Currency & Commodities)

SAMCO Transaction Charges on NSE

  • Rs 325/Crore Delivery
  • Rs 325/Crore Intraday
  • Rs 210/crore Future
  • Rs 5300/crore Options
  • Rs 135/crore Curr Future
  • Rs 4400/crore Curr Options

Special Offer:100% Brokerage Cash Back for 1st Month for trades using Stocknote Mobile App + Free Trading and Demat Account Opening.

Brokerage Industry in recent year has seen major changes in Indian Finance market. New Brokers are coming with competition in technology space, new strategies and advance use of mobile technologies.

We have seen the big shift of investors from traditional brokers to discount brokers. If we compare competition in discount broker, all are giving almost similar services. Now few brokers are proposing FREE trading in all segments, some are proposing Free Delivery Trades.  

The focus of brokerage industry is completely shifting towards technology and customer support. In this growing competition, choosing the best fit broker for your requirement is very challenging.

In this article we have presented Top 5 discount brokers with Lowest Brokerage and Transaction Charges.

Now Active investor are not worried about lowest brokerage, they are looking for the broker who is providing  automated trading, high leverage (margin) , flexibility in different orders type –CO/BO orders and best trading platform.

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Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



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