🏦 Broker Reviews India 2025
Unbiased, in-depth reviews of SEBI-registered stockbrokers. Compare charges, platforms, and features. Ranked by NSE active clients.
10
Brokers Reviewed
20+
Sections Covered
₹0
Commission Earned
100%
SEBI Registered
10 brokers · Ranked by NSE active clients
#1
🌱
Groww
2016
Discount🏆 #1 by Active Clients
★★★★★4.5
62,000 reviews
1.19 Cr
Active Clients
₹0 (Free)
Eq. Delivery
₹20/order
Options
#2
🟢
Zerodha
2010
Discount⚡ Best for Traders
★★★★★4.7
48,000 reviews
78.8 L
Active Clients
₹0 (Free)
Eq. Delivery
₹20/order
Options
#3
😇
Angel One
1996
Discount🤖 Best AI-Powered Platform
★★★★★4.3
35,000 reviews
71.3 L
Active Clients
₹0 (Free)
Eq. Delivery
₹25/order (flat)
Options
#4
🔺
Upstox
2011
Discount🚀 Backed by Ratan Tata
★★★★★4.2
28,000 reviews
27.7 L
Active Clients
₹0 (Free)
Eq. Delivery
₹20/order
Options
#5
🔵
ICICIdirect
2000
Full-Service🏦 Best 3-in-1 Account
★★★★★3.9
21,000 reviews
19.1 L
Active Clients
0.55% (I-Saver plan)
Eq. Delivery
₹95/lot
Options
#6
🏛️
Kotak Securities
1994
Full-Service💳 Best for Kotak Bank Users
★★★★★3.8
14,000 reviews
13.8 L
Active Clients
0.49% or ₹0 (Neo plan)
Eq. Delivery
₹99/lot
Options
#7
🏦
HDFC Securities
2000
Full-Service🛡️ Most Trusted Brand
★★★★★4
18,000 reviews
12.4 L
Active Clients
0.50%
Eq. Delivery
₹100/lot
Options
#8
📊
Motilal Oswal
1987
Full-Service📚 Best Research
★★★★★4.1
16,000 reviews
9.6 L
Active Clients
0.50% or ₹0 (MO Investor)
Eq. Delivery
₹50/lot
Options
#9
💎
Dhan
2021
Discount⚡ Fastest Growing Broker
★★★★★4.4
9,000 reviews
7.4 L
Active Clients
₹0 (Free)
Eq. Delivery
₹20/order
Options
#10
5️⃣
5Paisa
2016
Discount💰 Budget Broker
★★★★★3.8
12,000 reviews
5.3 L
Active Clients
₹20/order
Eq. Delivery
₹20/order
Options
📚 How to Choose the Right Broker
💰
Brokerage Charges
Compare equity delivery, intraday, F&O, and commodity charges. Discount brokers charge ₹20 flat while full-service brokers charge 0.3–0.5%.
📱
Trading Platform
Evaluate ease of use, speed, charting tools, and mobile app quality. Kite (Zerodha) and Dhan are top rated.
🏦
3-in-1 Account
If you bank with HDFC, ICICI, or Kotak, their 3-in-1 accounts offer seamless fund transfers to your trading account.
📊
Research & Advisory
Full-service brokers like HDFC, ICICI, Motilal Oswal offer in-house research. Discount brokers focus on execution.
🔌
API & Algo Trading
If you are into algorithmic trading, Zerodha (Kite Connect), Upstox, and Dhan provide developer APIs.
🛡️
Safety & Trust
Always verify SEBI registration. Check BSE/NSE membership, client segregation, and dispute redressal.
⚠️ Disclaimer
BridgeSpark does not receive any commission or referral fees from brokers. All reviews are based on publicly available information and user feedback. Brokerage charges are indicative — verify on the broker's official website. This is not investment advice. Always read the terms & conditions before opening an account.