Best Brokers for Equity Trading in India-2019

Posted on 7th Jun 2018
by Admin

(4.5/5)

Best Brokers for Equity Trading in India

What is Equity Trading?

Buying and selling of company shares are called equity trading. NSE and BSE are major stock exchanges of India, allowing equity trading for listed companies. Share can be trade via registered brokers with the exchange.

To trade shares you need to choose your brokers, below is List of best share brokers for equity trading in India.

Zerodha

Rated-4.5/5 Overall

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From Discount brokers to now we can call Zerodha as a FREE broker.

Best broker for Equity Delivery - No Brokerage charges or ZERO Brokerage or FREE trade in delivery segment.
Equity Intraday-Rs 20 or .01% (whichever is lower) per executed order, no restriction on size, volume.
Equity Futures-Rs 20 or .01% (whichever is lower) per executed order, no restriction on size, volume.
Equity Options-Rs 20 per executed order, no restriction on size, volume.

If you are buy-and-hold investor or passive investor or long term investor, then Zerodha is best broker for you as you can do free delivery trading. For penny stocks investment also, Zerodha fit yot as Rs 20 or .01%(Whichever is lower) can bring down your cost on buying and selling side.

Special Offer:Free delivery Trading - Zero Brokerage, Direct Mutual Fund Investment on Zero Cost Sign up now .

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Upstox (RKSV)

Rated-4.5/5 Overall

Read the Upstox (RKSV) Review

Upstox(RKSV) is also following the same path in competitive market and now move to FREE Brokerage service in equity Delivery segment.

Best broker for Equity Delivery-FREE trade in delivery segment.
Equity Intraday-Rs 20 per executed order, no restriction on size, volume,up to 20x exposure.
Equity Futures-Rs 20 per executed order, no restriction on size, volume,up to 4x on NSE Futures.
Equity Options-Rs 20 per executed order, no restriction on size, volume,up to 4x on NSE Options.

For buy-and-hold investor or passive investor or long term investor, Upstox is also a good choice as you can do free delivery trading.If you are doing penny stocks trading, Zerodha can be a better choice as Upstox has removed .01% whichever is lower option.

Special Offer:Get account opening fees as brokerage cashback.Get the offer.

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Finvasia

Rated-4/5 Overall

Read the Finvasia Review

Finvasia is the first discount broker in India who is offering Free trade in all segments.

Best broker for Equity Delivery-FREE trade in delivery segment.
Equity Intraday-FREE trade in Intraday segment..
Equity Futures-FREE trade in Equity Futures.
Equity Options--FREE trade in Equity Options.

Finvasia is really making the best offer for all type of investor, Free Trade in Devilery, Intraday and F&O is really a great offer. Margin is bit low compare to other competitors in same segment, but you cant get every thing at one place.

Special Offer:Free Account Opening+Free Demat AMC+Free Trading Sign up now .

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Fyers

Rated-4/5 Overall

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Fyers is also offering free delivery trading and providing high leverage, trying to attract active customers.

Best broker for Equity Delivery - No Brokerage charges or ZERO Brokerage or FREE trade in delivery segment.
Equity Intraday-Rs 20 or .01% (whichever is lower) per executed order, no restriction on size, volume. 3x to 16x margin, for CO/BO orders - 5x to 30x margin.
Equity Futures-Rs 20 or .01% (whichever is lower) per executed order, no restriction on size, volume. 4x margin, for CO/BO orders - 8x to 40x margin.
Equity Options-Rs 20 per executed order, no restriction on size, volume. 4x margin for options selling, and 1.3x for option buying*.

Best competitive brokerage, high leverage and smart trading platform, Fyers is a good choice for retail and active investors.

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Equity trading can be done in 4 basic forms:

Equity Delivery - Purchase of share for holding overnight is call equity delivery, in such case shares get credited to your DP accounts. You have to pay full value of the shares.
Equity Intraday - Buy and sell of stocks on same day. This can be use margin benefit to do intraday trade.
Equity Futures - Trading of Shares in Future is called equity Future. A futures contract is a type of financial contract where two parties agree to transact a set of financial instruments for future delivery at a particular price. On the NSE, where most Futures volume is traded, a trader can trade Index Futures, Stock Futures, and Currency Futures.
Equity Options- An equity options is a contract which conveys to its holder the right, but not the obligation, to buy or sell shares of the underlying security at a specified price on or before a given date. This right is granted by the seller of the option.

There are two types of options, calls and puts. A call option gives its holder the right to buy an underlying security, whereas a put option conveys the right to sell an underlying security.