Best Discount Stock Brokers in India (2026)
Discount brokers offer low brokerage charges (often flat ₹20 or zero on delivery). Here is a curated list of SEBI registered discount stock brokers in India.
92 SEBI registered discount brokers listed
Zerodha
Zerodha Broking Limited
Groww
Groww Invest Tech Private Limited
Angel One
Angel One Limited
Upstox
RKSV Securities India Private Limited
5Paisa
5Paisa Capital Limited
Dhan
Dhan (Gamma Stack Private Limited)
Paytm Money
Paytm Money Limited
Alice Blue
Alice Blue Financial Services Private Limited
Fyers
Fyers Securities Private Limited
Samco
Samco Securities Limited
ProStocks
Sunlight Broking LLP
Tradejini
Tradejini Financial Services Private Limited
Sahi
Aaritya Broking Private Limited
INDmoney
INDmoney Private Limited
Shoonya
Finvasia Securities Private Limited
m.Stock
Mirae Asset Capital Markets (India) Private Limited
Angel One Trade
Angel One Limited
Upstox Pro
RKSV Securities India Private Limited
Groww Trade
Groww Invest Tech Private Limited
Zerodha Kite
Zerodha Broking Limited
Dhan HQ
Dhan (Gamma Stack Private Limited)
5Paisa Trade
5Paisa Capital Limited
Alice Blue ANT
Alice Blue Financial Services Private Limited
Fyers One
Fyers Securities Private Limited
Pocketful
Pocketful Fintech Private Limited
Tradeplus
Tradeplus Broking Private Limited
Wisdom Capital
Wisdom Capital Limited
SAS Online
SAS Online
Adroit
Adroit Financial Services Private Limited
Moneybee
Moneybee Securities Private Limited
Share Wise
Share Wise Equity Brokers Private Limited
Aetram
Aetram Trades Private Limited
Get Prosper
Get Prosper Capital Private Limited
Evermore
Evermore Share Broking Private Limited
Econo Broking
Econo Broking Private Limited
Samco Securities
Samco Securities Limited
Tradejini Pro
Tradejini Financial Services Private Limited
ProStocks Flat
Sunlight Broking LLP
Alice Blue Next
Alice Blue Financial Services Private Limited
Fyers Web
Fyers Securities Private Limited
5Paisa X
5Paisa Capital Limited
Dhan Live
Dhan (Gamma Stack Private Limited)
Upstox Web
RKSV Securities India Private Limited
Angel One Spark
Angel One Limited
Groww Stocks
Groww Invest Tech Private Limited
Zerodha Console
Zerodha Broking Limited
Shoonya Trade
Finvasia Securities Private Limited
m.Stock Trade
Mirae Asset Capital Markets (India) Private Limited
Sahi Trade
Aaritya Broking Private Limited
INDmoney Trade
INDmoney Private Limited
Pocketful Trade
Pocketful Fintech Private Limited
Tradeplus Trade
Tradeplus Broking Private Limited
Wisdom Capital Trade
Wisdom Capital Limited
SAS Online Trade
SAS Online
Moneybee Trade
Moneybee Securities Private Limited
Aetram Trade
Aetram Trades Private Limited
Get Prosper Trade
Get Prosper Capital Private Limited
Share Wise Trade
Share Wise Equity Brokers Private Limited
Evermore Trade
Evermore Share Broking Private Limited
Econo Broking Trade
Econo Broking Private Limited
Adroit Trade
Adroit Financial Services Private Limited
Angel One Spark Trade
Angel One Limited
Upstox Pro Trade
RKSV Securities India Private Limited
Dhan HQ Trade
Dhan (Gamma Stack Private Limited)
Angel One
Angel One Limited
Upstox
RKSV Securities India Private Limited
Zerodha
Zerodha Broking Limited
Groww
Groww Invest Tech Private Limited
Dhan
Dhan (Gamma Stack Private Limited)
5Paisa
5Paisa Capital Limited
Paytm Money
Paytm Money Limited
Alice Blue
Alice Blue Financial Services Private Limited
Fyers
Fyers Securities Private Limited
Samco
Samco Securities Limited
Shoonya
Finvasia Securities Private Limited
Pocketful
Pocketful Fintech Private Limited
Tradeplus
Tradeplus Broking Private Limited
Wisdom Capital
Wisdom Capital Limited
Sahi
Aaritya Broking Private Limited
INDmoney
INDmoney Private Limited
Moneybee
Moneybee Securities Private Limited
Aetram
Aetram Trades Private Limited
Get Prosper
Get Prosper Capital Private Limited
SAS Online
SAS Online
Econo Broking
Econo Broking Private Limited
Adroit
Adroit Financial Services Private Limited
Evermore
Evermore Share Broking Private Limited
Share Wise
Share Wise Equity Brokers Private Limited
Tradejini
Tradejini Financial Services Private Limited
ProStocks
Sunlight Broking LLP
m.Stock
Mirae Asset Capital Markets (India) Private Limited
Sahi Broking
Aaritya Broking Private Limited
Frequently Asked Questions
What is a discount stock broker?
A discount broker offers low brokerage charges (usually a flat fee or zero on delivery trades) and focuses mainly on trade execution rather than research or relationship management.
Are discount brokers safe?
Yes, as long as they are SEBI registered. Always verify the SEBI registration number on the official SEBI website before opening an account.
Who should choose a discount broker?
Discount brokers are ideal for self-directed investors and active traders who do not need research reports or personal relationship managers.