Do you also hate paying hefty trading commissions in India?
Look nowhere else!
We’re here to help you save money and have a smooth trading experience with the Best Flat Fee Trading Accounts in India.
These platforms give investors access to a wide range of investment alternatives, including the opportunity to trade stocks, options, futures, and more.
Plus, you may easily manage your assets from a computer or mobile device with ease, thanks to cutting-edge technology and user-friendly interfaces.
So, forget about your varying commissions, and let’s begin with our best flat fee trading account in India.
ProStocks
Stepping into the spotlight first is ProStocks, a highly regarded trading platform in India that offers flat-fee trading accounts. Garnering appreciation from investors far and wide, ProStocks stands out with its user-friendly interface and a wide array of effective trading options.
One of the pros of ProStocks is its transparent and affordable brokerage fees. No matter the scale or volume of your trade, the charges remain consistent, eliminating concerns over escalating costs. This means investors can trade any volume they desire without fretting over hefty fees.
Adding another feather to its cap, ProStocks provides complimentary access to robust and customizable trading software. Whether you prefer a straightforward approach or enjoy tailoring the platform to suit your needs, ProStocks accommodates you. Truly, it’s a platform that marries convenience with cost-effectiveness.
Account Opening Charges
- Trading Account Opening Charges: Rs 0 (Free)
- Demat Account Opening Fee: Rs 0 (Free)
Account maintenance charges
- Demat Account AMC: Rs 0 (Free for a lifetime with Rs 1000 one-time refundable deposit)
The table below highlights the brokerage charges.
Instrument | Brokerage |
Equity Delivery | Flat Rs. 15 per trade |
Equity Intraday | Flat Rs. 15 per trade |
Equity Futures | Flat Rs. 15 per trade |
Equity Options | Flat Rs. 15 per trade |
Zerodha
Next on our list is Zerodha, a platform that has reshaped the way individuals engage with the stock market. It offers an intuitive interface, pioneering technology, and some of the most competitive brokerage rates around.
Zerodha has made a name for itself with its flat fee structure, a boon for everyday Indian investors seeking both accessibility and affordability in trading.
Currently, it’s hailed as one of the least expensive brokers in the country without compromising on quality.
But Zerodha doesn’t just stop at being wallet-friendly. Thanks to its innovative and powerful trading platform, Kite, it also leads the pack in day trading and futures trading. A clear frontrunner, Zerodha effectively combines cost, convenience, and capability.
Account Opening Charges
The account opening charges for Zerodha are as follows:
- Online trading & Demat Account Opening charge is Rs. 200
- Offline trading & Demat Account Opening charge is Rs. 400
Account Maintenance Charges(AMC)
The account maintenance charges for Zerodha are as follows:
- Demat account AMC is Rs.300 per year.
- Trading account AMC is Rs.0
The brokerage charges for Zerodha are as follows:
Instrument | Brokerage |
Equity Deliver | Rs 0 (Free) |
Equity Intraday | Rs 20 per executed order or .03%, whichever is lower |
Equity Futures | Rs 20 per executed order or .03% per executed order |
Equity Options | Rs 20 per executed order |
Groww
If you’re on the hunt for a zero-commission flat fee trading account with a breezy mobile app and a diverse array of financial products, then Groww could be your match made in investment heaven.
This user-friendly mobile app facilitates quick and easy investments in stocks, mutual funds, and various other financial instruments.
But that’s not all. To help you make savvy financial decisions, the Groww app presents real-time market data, news, and analysis. So, if you’re looking to grow your investments while on the go, Groww might just be the app for you.
Account Opening Charges:
- The account opening charges for Groww are currently set at zero.
Account Maintenance Charges:
- The account maintenance charges for Groww are also zero.
The brokerage charges for Groww are as follows:
Instrument | Brokerage |
Equity Delivery | Rs 20 per trade (or 0.05%, whichever is lower) |
Equity Intraday | Rs 20 per trade (or 0.05%, whichever is lower) |
Equity Futures | Flat Rs. 20 per executed order |
Equity Options | Flat Rs. 20 per executed order |
Upstox
Renowned for offering an array of financial products and services that include equities, derivatives, commodities, and currencies, Upstox also stands out with its unique dual-platform offering.
But the real headline is its straightforward and affordable fee structure. Upstox charges a flat fee of Rs. 20 per trade, irrespective of the trade size or segment.
This cost-effective pricing positions Upstox as a strong contender among the best flat fee trading accounts in India, amalgamating affordability with advanced technology.
Account opening charges:
- The account opening charges for Upstox are currently set at zero.
Account maintenance charges:
The account maintenance charges for Upstox are as follows;
- Demat Account: Rs. 150 per year
- Trading Account: No maintenance charges
The brokerage charges for Upstox are as follows:
Instrument | Brokerage |
Equity Delivery | Rs 20 per executed order or 2.5% (whichever is lower) |
Equity Intraday | Rs 20 per executed order or 0.05% (whichever is lower) |
Equity Futures | Rs 20 per executed order or 0.05% (whichever is lower) |
Equity Options | Rs. 20 per trade |
5paisa
Rounding out our top picks is 5paisa, a prominent online trading platform in India that offers a host of trading and investment services, all for a flat fee.
It’s truly a flat fee trading account that means business, offering a fixed brokerage cost for all trades, no matter the size or volume.
5paisa’s mobile trading app is another feather in its cap, delivering a seamless trading experience even when you’re on the move. From real-time quotes to advanced charting and customized watchlists, this app ensures you have the tools you need at your fingertips.
So if you’re looking for a platform that combines fixed, affordable brokerage costs with a mobile trading experience that doesn’t skip a beat, 5paisa might be the perfect fit for your trading journey.
Account Opening Charges:
- Trading Account Opening Charges (One Time) is Rs.0 (Free)
- Demat Account Opening Charges (One Time) is Rs.0 (Free)
Account Maintenance Charges:
- Trading Annual Maintenance Charges (AMC) is Rs.0 (Free)
- Demat Account Maintenance Charges (AMC) is Rs 300 yearly (charged as Rs 25 per month)
The brokerage charges for 5paisa are as follows:
Instrument | Brokerage |
Equity Delivery | Flat Rs. 20 per executed order |
Equity Intraday | Flat Rs. 20 per executed order |
Equity Futures | Flat Rs. 20 per executed order |
Equity Options | Flat Rs. 20 per executed order |
Paytm Money
Adding another gem to our array of top-notch flat fee trading accounts in India, we have Paytm Money. Known for its user-friendly interface, this online investment platform provides investors access to a diverse range of financial products, including mutual funds, stocks, and gold.
But what really propels Paytm Money onto our list is its flat fee trading account, a feature that underscores its commitment to cost-effective investing. For investors in India seeking an accessible, comprehensive, and affordable trading platform, Paytm Money certainly checks all the boxes.
Account Opening Charges:
- Paytm Money online account opening charges are INR 200.
Account Maintenance Charges:
- There are no account maintenance charges, making it a highly affordable option for those just starting out with investing.
The table below highlights the brokerage charges.
Instrument | Brokerage |
Equity Delivery | Rs 15 or 2.5% of turnover (whichever is lower) |
Equity Intraday | Rs 15 or 2.5% of turnover (whichever is lower) |
Equity Futures | Rs 15 or 2.5% of turnover (whichever is lower) |
Equity Options | Rs.15 per order |
Fyers
Fyers has swiftly etched its name in the Indian trading scene as a reliable brokerage firm. With its user-friendly design and a wide array of tools and products, Fyers serves both experienced traders and beginners alike.
What sets Fyers apart is its flat fee structure. With affordable brokerage fees and the absence of extra costs for certain trades, it emerges as an ideal choice for traders who want to keep their costs in check.
But cost-effectiveness isn’t Fyers’ only strength. It also boasts advanced charting capabilities, aiding traders in making more informed decisions. Moreover, its stock scanner tool allows users to scan the market for stocks based on several different factors.
All in all, Fyers proves itself to be a platform where convenience meets affordability, making it a strong contender in the flat fee trading account arena.
Account Opening charges:
- Paytm Money online account opening charges are Rs.0
Account maintenance charges:
- Trading Account AMC Rs 0
- Demat Account AMC Rs 300 per year.
The brokerage charges for Fyers are as follows:
Instrument | Brokerage |
Equity Delivery | Rs.0 (free) |
Equity Intraday | Rs. 20 or 0.03% |
Equity Futures | Rs. 20 or 0.03% |
Equity Options | Rs. 20 per executed order |
Alice Blue
Next on our roster of exemplary flat fee trading accounts in India is Alice Blue. This platform is a household name in the Indian trading circuit, offering a myriad of trading and investment services. With its user-friendly interface, advanced trading tools, and cost-effective brokerage services, Alice Blue certainly makes its mark.
The platform’s flat fee trading account offers a fixed brokerage fee, regardless of trade size or volume. This means more savings on brokerage charges for you, particularly if you’re a frequent trader or deal in large volumes.
The allure of Alice Blue doesn’t end at its attractive fee structure. It further dazzles with its advanced trading platform, boasting features like integrated market analysis, real-time charting, and customizable trading screens. So, if you’re looking for a platform that offers a comprehensive suite of services without breaking the bank, Alice Blue could be your go-to.
Account Opening Charges:
- Trading Account Opening Charges is Rs. 0 (Free)
- Demat Account Opening Charges (One Time) is Rs. 0 (Free)
Account Maintenance Charges:
- Trading Annual maintenance charges (AMC) is Rs. 0 (Free)
- Demat Account Annual Maintenance Charges (AMC) is Rs. 400
The brokerage charges for AliceBlue are as follows:
Instrument | Brokerage |
Equity Delivery | Rs.0 (Free) |
Equity Intraday | Flat Rs. 15 per order or 0.05% whichever is lower |
Equity Futures | Flat Rs. 15 per order or 0.05%whichever is lower |
Equity Options | Flat Rs. 15 per order |
ICICI Direct
Progressing further, we have ICICI Direct, another heavyweight in the Indian trading sphere. This platform offers an extensive gamut of investment and trading services, including equity and derivatives trading, mutual funds, and IPOs.
One of the standout perks of using ICICI Direct is its uncomplicated interface complemented by intuitive trading tools. The platform comes with research and analysis tools that arm users with a wealth of information and insights to bolster their trading decisions.
Another noteworthy feature of ICICI Direct is its 3-in-1 account. This unique offering allows users to link their trading accounts with their savings and demat accounts, facilitating seamless management of all financial assets in a single place.
While it may not follow the flat fee model strictly, ICICI Direct’s comprehensive services and ease of use still make it a noteworthy mention for Indian investors.
Account opening charges:
- The account opening charge for ICICI Direct is Rs.0 (Free)
- Demat Account Opening Fee: Rs 0 (Free)
Account maintenance charges:
- Demat Account AMC: Rs 300 per year
The brokerage charges for ICICI Direct are as follows:
Instrument | Brokerage |
Equity Delivery | 0.55% |
Equity Intraday | 0.275% |
Equity Futures | 0.05% |
Equity Options | Rs 95 per order |
Angel One
Further expanding our selection of superior flat fee trading accounts in India, we come to Angel One. This platform, a division of the highly regarded full-service Indian stockbroker Angel Broking, offers an accessible platform for online trading and investing.
Angel One features an innovative trading platform armed with a user-friendly design, real-time market data, and personalized watchlists. These features ensure you have the information you need when you need it, all presented in a streamlined, intuitive manner.
What’s more, Angel One goes above and beyond by providing a suite of research tools and investment advisory services to aid traders and investors in making well-informed decisions. So, if you’re seeking a platform that merges cost-effective trading with top-notch tools and services, Angel One certainly deserves a spot on your shortlist.
Account Opening Charges:
- Trading Account Opening Charges (One Time) is Rs. 0 (Free)
- Trading Annual Maintenance Charges AMC (Yearly Fee) is Rs. 0 (Free)
- Demat Account Opening Charges (One Time) is Rs. 0 (Free)
Account Maintenance Charges:
- Rs. 240 per year for trading and Demat account maintenance after the first year.
The brokerage charges for Angel One are as follows:
Instrument | Brokerage |
Equity Delivery | Rs.0 (Free) |
Equity Intraday | Flat Rs. 20 or 0.25% per executed order |
Equity Futures | Flat Rs. 20 or 0.25% per executed order |
Equity Options | Flat Rs. 20 or 0.25% per executed order |
With this, we come to the end of the best flat fee trading accounts in India. Do let us know which platform you use and find most efficient.
If you want to know anything else about investing or finance, feel free to ask us in the comments below. We would love to assist you.
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