If you fall under the category of our broker, then it is important for you to know about the Best Discount Broker in India. Discount brokers have changed the way people invest in the Indian stock market. They offer low-cost trading services and simple platforms, which have attracted millions of new investors in the last few years.
In 2025, when the options are greater than ever before, many are asking the same question: who is the best discount broker in India? Let’s take a look at these top brokers in this article and find out what makes each one special.
What is a Discount Broker?
A discount broker is a company that allows you to trade in the stock market at a lower cost than traditional brokers. These brokers do not offer full advisory services, but they do provide easy-to-use online platforms where you can trade on your own. These are best suited for people who want to save on brokerage fees and are comfortable managing their investments on their own.
Top Discount Brokers in India in 2025
Zerodha
Zerodha is considered to be one of the oldest and most popular discount brokers in India. It was started in 2010 and now has more than 13 million users.
- Brokerage: Free for equity delivery. ₹20 per order for intraday and F&O trades.
- Platform: Kite (Web and App)
- Key Strength: Simple, fast, and trusted by experienced investors.
Zerodha is known for its stable platform and transparent pricing. It also offers free tools like Varsity (for learning) and Coin (for mutual funds).
Upstox
pstox is a leading Indian financial services company offering a variety of online trading and investment services. Upstox is backed by big names like Ratan Tata and has become one of the fastest-growing brokers in India.
- Brokerage: Free for delivery. ₹20 per order for intraday and F&O.
- Platform: Upstox Pro
- Key Strength: Great for active traders with a modern app and helpful features.
Since then, Upstox has improved its platform and added more investment options like mutual funds and IPOs. It is also known for its easy account opening and referral rewards.
Groww
Groww was initially designed as a mutual fund app and later expanded to include stock trading as well. It quickly became popular, especially among young investors.
- Brokerage: Free for delivery. ₹20 per order for intraday and F&O.
- Platform: Groww App
- Key Strength: Very easy to use, perfect for beginners.
Groww’s mobile-first design and simple process make it a favorite among first-time investors. Interested investors can easily invest with access to rich charts and global investment options.
Angel One
Angel One, earlier known as Angel Broking, has successfully shifted from a traditional broker to a tech-first platform.
- Brokerage: Free for delivery. ₹20 per order for intraday and F&O.
- Platform: Angel One App
- Key Strength: Combines traditional service with modern tools.
Angel One now offers features like smart stock suggestions, plug-in tools, and a clean app. It’s suitable for people who want both technology and advisory support.
Dhan
Wealth is a new broker, but it has already built a strong reputation, especially among options traders. Wealth offers powerful tools, fast execution, and direct integration with TradingView. It also offers a trading API, making it a favorite for tech-savvy users.
- Brokerage: Free for delivery. ₹20 per order for intraday and F&O.
- Platform: Dhan App and dedicated Options Trader App
- Key Strength: Built for serious traders with advanced features.
Quick Comparison of Top Brokers (2025)
| Zerodha | ₹0 | ₹20/order | All types of investors | Reliable and stable platform |
| Upstox | ₹0 | ₹20/order | Traders and investors | Fast platform and new features |
| Groww | ₹0 | ₹20/order | Beginners | Simple and user-friendly app |
| Angel One | ₹0 | ₹20/order | Hybrid users | Tech plus advisory features |
| Dhan | ₹0 | ₹20/order | Advanced traders | TradingView and option tools |
Which One is the Best in 2025?
However, there is no single answer to this question. It depends on what kind of investor or trader you are. If you still want to choose, here is an easy way to do it:
- If you want a reliable, all-round broker: Go with Zerodha
- If you’re new to investing: Try Groww
- If you’re a frequent trader: Dhan is a great option
- If you want tech with support: Angel One is a good balance
- If you want deals and fast signup: Check out Upstox
Conclusion
The Indian stock market now offers many discount brokers to choose from. Whether you are a beginner or a seasoned trader, selecting the best stockbroker in India depends on your trading style, platform preference, and brokerage budget.
In 2025, Zerodha continues to lead, but platforms like Dhan, Groww, and Upstox are making strong progress with features that suit different types of users. Always compare brokers based on brokerage charges, platform quality, and customer support before making your choice.
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