Commission-free stock trading India (Free equity delivery brokers) (2024)

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Commission-free stock trading India (Free equity delivery brokers) (2)

The free equity delivery trading plan offers brokerage free trading in the Equity Delivery segment or cash & carry segment.

Delivery trades are those trades wherein, the shares you buy are delivered to you and deposited into your demat account. It is in contrast to intraday or Buy Today Sell Tomorrow (BTST) trading wherein you buy and sell shares in a day or two.

Brokers like Zerodha, Upstox, Fyers, ProStocks and Indiabulls offer brokerage free investment in the India stock market. The customer doesn't pay any commission while trading in the equity delivery segment.

Note that the customer requires 100% margin money for trading in this segment. The delivery settlement is done in T+2 days where T is the date of trading.

Zero Brokerage Equity Delivery Trading is suitable for:

  • Long term investors who want to hold onto stocks for weeks, months or years.
  • Seasonal stock market investors who invest for long term

Advantages

  • Truly commission-free investment in the stock market. Other brokers charge Rs 20 per trade to 0.50% of the transaction value.
  • Lowest breakeven point.

Free Equity Delivery Brokers

BrokerBrokerage (Delivery)Demat AMCRequest CallbackReviewCompare
ZerodhaRs 0 (Free)Rs 300Open Account Commission-free stock trading India (Free equity delivery brokers) (3)
Angel OneRs 0 (Free)Rs 240Open Account Commission-free stock trading India (Free equity delivery brokers) (5)
FyersRs 0 (Free)Rs 0 (Free)Open Account Commission-free stock trading India (Free equity delivery brokers) (7)
Alice BlueRs 0 (Free)Rs 400Open Account Commission-free stock trading India (Free equity delivery brokers) (9)
FinvasiaRs 0Rs 0 per year (Lifetime Zero AMC)
Master TrustRs 0 (Free)Rs 300
Dhani StocksRs 0 (Free)Rs 0
ProstocksRs 0 (Free)Rs 0 (Lifetime Zero AMC)Open Account Commission-free stock trading India (Free equity delivery brokers) (14)
Espresso SharekhanRs 0 (Free)Rs 400Open Account Commission-free stock trading India (Free equity delivery brokers) (16)
StoxkartRs 0Rs 300

Note: Customers still have to pay for taxes, exchange turnover charges, demat charges, SEBI charges and stamp duty on all the transactions.

6 Comments

6.Brajalal Devnath || Link|May 7, 2024 8:19:42 PMReply

In Upstox I tried to sell and shown as succesful after being done whatever asked me to do in the process but the same shares are not sold and showing in my Account again. The amount is neither credited in to my account. I don't know why this is happening.

5.Rajendra Prasad || Link|December 21, 2023 2:04:45 PMReply

In Zerodha in trading options we have to pay for both buy and sell i.e. Rs.20x2=Rs. 40. So when you do multiple trades you end up losing by dint of thisa charge. So how is it with the other brokers especially mStock which is offering for free with payment of Rs. 999/-

5.1.Gurjinder || Link|January 17, 2024 11:48:53 PM

I find it better on Kotak Securities they are easy on intraday brokerage only 0.01 paisa per executed order, But when there is very heavy order inflow web and app might not take orders for couple of minutes. Charting is not best. But no brokerage really helps person like me who endup taking 128 trades today. I might lose 1000 on transaction but won’t pay brokerage at least

5.2.Sandeep || Link|April 18, 2024 8:44:21 AM

Don't fall for it, each time you trade, they will take away % of margin money which I I'll not be available for trade that day, it could be as high as 10% in currency segment. If you want true zero brokerage across all products, try shoonya though the interface is very good, speed at times is an issue

4.Ankur Vishwakarma || Link|October 24, 2021 7:07:55 PMReply

You have mentioned Upstox in your article, kindly update your article regarding upstox delivery charges.

4.1.Deb || Link|February 14, 2024 5:12:21 PM

there is nothing called 0 charges. For stocks, they charge based on the amount you purchase shares. For example buying shares worth 18000, would cost Rs. 25/30.

3.Biswajit || Link|January 17, 2024 10:11:51 AMReply

All are Dalal apps high charges money withdrawal time 40% debited your main balance

2.Siby Daniel || Link|January 3, 2024 7:20:08 PMReply

Please add Flatrade also in list of free broker.. Now their services also getting better.Using since 2 years..

1.Aditya || Link|April 26, 2023 7:07:43 PMReply

Zerodha has ₹20 flat trading charges or 0.03%. Please update. This was also coming on the ad that was coming on your website.

1.1.Jignesh Parmar || Link|September 23, 2023 5:17:22 PM

That's for trading not delivery. If you are going to hold the stock and going to take delivery of the stock in your demat for the same, then brokerage charges are zero.

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Commission-free stock trading India (Free equity delivery brokers) (39)
By Popular Stock Brokers

Commission-free stock trading India (Free equity delivery brokers) (40)Zerodha

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Flat ₹20 Per Trade in F&O

Open Instant Account

Commission-free stock trading India (Free equity delivery brokers) (41)AngelOne

Free Equity Delivery
Flat ₹20 Per Trade in F&O

Open FREE Demat Account

Motilal Oswal

30 days brokerage free trading
Free - Personal Trading Advisor

Open Account

Commission-free stock trading India (Free equity delivery brokers) (42)Kotak Securities
(Trade Free Plan)

FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O

Open Online Demat Account

Commission-free stock trading India (Free equity delivery brokers) (43)Upstox

FREE Account Opening
Flat ₹20 Per Trade

Enquire Now

Commission-free stock trading India (Free equity delivery brokers) (44)ProStocks

Unlimited @ ₹899/month
Rs 0 Demat AMC

Open FREE Account

Commission-free stock trading India (Free equity delivery brokers) (45)Fyers

Free Eq Delivery Trades
Flat ₹20 Per Trade in F&O

Open Instant Account

Commission-free stock trading India (Free equity delivery brokers) (46)Paytm Money

Commission-free stock trading India (Free equity delivery brokers) (47)

Pay ₹0 brokerage for first 10 days

Flat ₹20 Per Trade

Open Instant Account Now!

Commission-free stock trading India (Free equity delivery brokers) (48)

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Zerodha (₹20 per Trade)
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Commission-free stock trading India (Free equity delivery brokers) (49)

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Commission-free stock trading India (Free equity delivery brokers) (2024)

FAQs

Which broker is free for equity delivery? ›

Brokers like Zerodha, Upstox, Fyers, ProStocks and Indiabulls offer brokerage free investment in the India stock market.

Is commission-free trading really free? ›

Commission-free trading is a transaction type that allows you to buy and sell stocks, options, and exchange-traded funds (ETFs) without having to pay commissions to your broker. Depending on your brokerage, commissions might make up only a part of overall trading fees.

What is the best free trading platform in India? ›

Intro and winners
  • TradeZero - the best free trading app in India in 2024. ...
  • tastytrade - Low trading fees. ...
  • Alpaca Trading - Great API trading service. ...
  • Firstrade - Free stock, ETF, fund and options trading. ...
  • ChoiceTrade - Commission-free stock and ETF trades. ...
  • Trading 212 - Real stocks and ETFs are commission-free.

Is mstock trustworthy? ›

The platform provides real-time data, advanced charting tools, and multiple order types, making it suitable for both beginner and experienced traders. It also offers a mobile app, allowing traders to trade on the go. These features make Mstock a reliable and efficient platform for trading.

Which broker has zero brokerage charges? ›

Some examples include Zerodha, Upstox, Angel Broking, and 5paisa. It is important to note that while these brokers may offer zero brokerage, they may have other fees and charges associated with trading on their platforms.

Which is India's No. 1 Demat account? ›

Zerodha Demat Account – Zerodha is the top Demat account and trading service provider in India today. It provides a simple user-friendly interface and low brokerage fees for faster and more convenient trading.

Which broker has no commission? ›

10 Brokers That Offer Commission-Free Trading
Commission-free BrokerU.S. News & World Report Review
FirstradeRead Firstrade Review
Interactive BrokersRead Interactive Brokers Review
Merrill EdgeRead Merrill Edge Review
E-TradeRead E-Trade Review
6 more rows
Sep 13, 2023

What is the best commission free trading app? ›

  • PayTM Money. Paytm Money is registered with SEBI as a stockbroker and investment advisor. ...
  • Zerodha Kite. Zerodha Kite is an all-in-one trading solution for people. ...
  • Angel One App. ...
  • Upstox Pro Trading app. ...
  • Groww App. ...
  • 5paisa App. ...
  • ICICI Direct App. ...
  • Edelweiss App.

How do 0 commission brokers make money? ›

Brokers would collect margin interest when customers purchased shares of stocks on margin. Additionally, they would also collect borrowing fees and interest for stocks they lent out for short sales. Some brokers would offer banking services like loans, interest bearing savings accounts and credit cards.

Which is India's No 1 trading app? ›

1. Zerodha: Zerodha is considered one of the best trading apps in India with over 2 million users. It offers a user-friendly interface and a plethora of features that cater to both beginners and experienced traders.

Which app is best for NRI to invest in India? ›

All Non Resident Indians can invest using the Groww NRI app, subject to availability in their country. For using the Groww NRI app, NRIs need to complete the account opening process on the Groww NRI app. Post opening the account. You can invest in Indian Mutual Funds using the Groww NRI app.

Who is the No 1 traders in India? ›

Top 10 Traders In India 2024:-
RankTrader Name
1Premji and Associates
2Radhakrishnan Damani
3Rakesh Jhunjhunwala
4Raamdeo Agrawal
6 more rows
Apr 30, 2024

Which is better, mstock or shoonya? ›

Reasons why mstock is better than Kotak and Shoonya are: 1. At a nominal one-time fee of Rs. 999 they offer zero brokerage on products like mutual funds, delivery, MTF, etc.

Which is better, Zerodha or Mstock? ›

Zerodha is way better. However the USP of mstocks is their lifetime deal. If you are a trader whose brokerage payable is more than the fees of mstock then you may consider it.

What are the disadvantages of Mstock? ›

m. Stock does not offer analysis, trading advice, recommendations and research reports on stocks. No Option to invest in commodities yet. Standard AMC of ₹ 120 is charged every quarter if investors do not opt for the ₹ 999 Zero Brokerage plan.

Which broker has no transaction fee? ›

Comparison of Features and Fees of The Top Commission-Free Trading Platforms
PlatformFeatures
RobinhoodCommission-free trading, easy to use mobile app, large selection of stocks, options and ETFs
TD AmeritradeCommission-free trading, advanced trading tools and research, large selection of stocks, options and ETFs
14 more rows

What is the lowest brokerage charge for equity trading? ›

Regarding percentage-based fees, the fee can be between 0.01% to 0.05% of the contract's total value. The lowest brokerage charge is 0.01%. On the other hand, in the case of flat fee brokerage, the brokers charge a flat fee on each trade, ranging between Rs 10- Rs 100 for each trade.

What is zero brokerage on equity delivery? ›

Zero brokerage is a part of the discount brokerage model of trading but under discount brokerage, a flat fee is charged (usually Rs. 20 per trade) whereas under zero brokerage, no brokerage is charged across products.

What are the charges in equity delivery? ›

Equity
Equity deliveryF&O - Futures
STT/CTT0.1% on buy & sell0.0125% on the sell side
Transaction chargesNSE: 0.00322% BSE: 0.00375%NSE: 0.00188% BSE: 0
GST18% on (brokerage + SEBI charges + transaction charges)18% on (brokerage + SEBI charges + transaction charges)
SEBI charges₹10 / crore₹10 / crore
2 more rows

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