How to choose Best Stock broker
Here are a few of the must-check factors while choosing a stockbroker in India:
- – Background & Reputation of the broker
- – Brokerage and Other Key Charges
- — Customer Services
- — Trading Platforms Offered
- — Advisory & Research Facilities
- – Range of Facilities Offered
- — Hidden Charges
- — Fund Transfer
Best Stock broker
| Rank | Broking House | Overall Rating |
|---|---|---|
| 1 | Zerodha | 9.85 / 10 |
| 2 | Kotak Securities | 9.85 / 10 |
| 3 | INVEZT | 9.83 / 10 |
| 4 | ICICI Direct | 9.82 / 10 |
| 5 | Upstox | 9.81/10 |
Zerodha
Zerodha is the biggest stockbroker in India and is considered to be the safest stock broker in India. It is trusted by over +7.5 million clients on NSE & BSE, and contributes to over 15% of all retail order volumes in India daily by trading and investing.
Is Zerodha kite free?
Yes, There are no charges or subscription fees for using Zerodha Kite Trading Platforms.
What is the fees for Zerodha?
| Zerodha charges | Equity delivery | Equity futures |
| Brokerage | Zero Brokerage | 0.03% or Rs. 20/executed order whichever is lower |
| STT/CTT | 0.1% on buy & sell | 0.01% on sell side |
| Transaction charges | NSE: 0.00345% BSE: 0.00345% | NSE: 0.002% |
| GST | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
How do I start trading?
steps to start online trading
- Find a stockbroker. The first step will be to find an online stockbroker
- Open demat and trading account
- Login to your demat and trading account and add money
- View stock details and start trading
How do I add money to my Zerodha account?
| Method | Time taken | Charges |
| NEFT/RTGS | Between 2 to 10 hours depending on your bank | Free at Zerodha, bank charges may apply |
What is withdrawal limit in Zerodha?
Rs 50,000
Zerodha is planning to allow instant fund withdrawal up to Rs 50,000.
Kotak Securities
Kotak Securities offer free Demat account opening with annual maintenance charges up to Rs 780 (charged monthly) based on the holding value of the securities and the number of debit transactions per month.
Is Kotak Securities free?
Kotak Securities offers free Intraday trading across all segments under the Trade free plan and Trade Free Max with a flat fee of Rs 20 per executed order for overnight positions in F&O, Currency, and Commodity. The Equity Delivery charges are 0.25% of transaction value or Rs 20, whichever is higher.
What is the fees for Kotak Securities?
| Kotak Securities Ltd | Fixed Brokerage Plan |
|---|---|
| Minimum Brokerage | 4 paise for delivery, 3 paise for intraday and futures orders |
| Call & Trade | ₹20 per call after first 20 free calls |
| DP Charges (on sell side) | 0.04% of transaction value (minimum Rs 27) |
How do I start trading?
Process of stock trading for beginners
- Open a demat account
- Understand stock quotes
- Bids and asks
- Fundamental and technical knowledge of stock
- Learn to stop the loss
- Ask an expert
- Start with safer stocks
How do I add money to my Kotak Securities account?
Log onto www.KotakSecurities.com.
Once inside the trading section, Click on Funds > Money Transfer > Transfer Funds
You will be presented with a set of boxes.
Choose From Bank To Trading and click on Submit.
Choose your Bank name and the amount to be transferred
Click on Go.
When can I withdraw money from Kotak Securities?
After processing, the available amount will be credited to your bank account registered with us on the next working day. All requests received before 11.00 PM on a working day would be executed on the next working day. Please Note, we are unable to process any payout on Saturdays.
INVEZT
Invezt is not just a broking house, it is about discovering your personality, understanding the stock market & being a part of the new dynamic ecosystem.
Is INVEZT free?
Commission-free investing, plus the tools you need to put your money in motion. Sign up and get your first stock for free. Certain limitations and fees apply. See our fee schedule to learn more about cost.
What is the fees for INVEZT?
You can expect to pay anywhere from $10 to $50 per year. Other costs. Some mutual funds include other costs, like purchase and redemption fees, which are a percentage of the amount you’re buying or selling. Beware loads and commissions.
How do I start trading?
Four steps to start online trading in India:
- Find a stockbroker. The first step will be to find an online stockbroker. …
- Open demat and trading account. …
- Login to your demat and trading account and add money. …
- View stock details and start trading.
How do I add money to my INVEZT account?
Make sure you have online access to your banking information, such as bank balances, deposits, and withdrawals. Establish a link between your brokerage account and your bank account. Initiate a transfer from your bank to the brokerage firm to fund your account.
What is withdrawal limit in INVEZT?
It must be understood that the mutual funds offer the redemption (settlement) option of t+1, which means that if you invest today, you are eligible to redeem the money tomorrow, if you decide to opt for it. However, there is a cap on withdrawal to the tune of ₹ 50,000 from one fund in one day.
ICICI Direct
ICICIdirect is the largest retail broker and financial product distributor in the country trusted by over 50+lac customers with over 2 decades of service having 170+ branches across India. ICICIdirect.com has revolutionized the world of online investing.
Is ICICI Direct free?
Zero charges for demat account opening: One can open a demat account which is seamlessly linked to your trading and bank accounts. Demat Account opening charges with ICICI Bank are free.
What is the fees for ICICI Direct?
| Segment | Brokerage Fee |
|---|---|
| Equity Delivery | 0.55% |
| Equity Intraday | 0.275% |
| Equity Futures | 0.05% |
| Equity Options | Rs 95 per lot |
How do I start trading?
Step by step guide for How to trade in ICICI direct:
Step 1: Login to your ICICI Direct account. First, you need your account credentials to login in to the ICICI direct.
Step 2: Allocate funds for buying stocks.
Step 3: Place order for the stock.
How do I add money to my ICICI Direct account?
How can I pay my Icici Demat Account online?
- NEFTTransfer money to any other bank account with Internet Banking or mobile app. NEFT. …
- MobilePay your mobile bill from internet banking. Mobile. …
- Loan/Card Payment. Loan/Card Payment. …
- Scan To PayUse Scan to Pay to generate QR code, scan using any UPI app and make the payment. Scan To Pay. …
- Tax & GST. Tax & GST.
What is withdrawal limit in ICICI Direct?
Cash transaction limit at home and non-home branch
Above ₹25,000 – ₹5 per ₹1,000, subject to a minimum of ₹150. For third party transactions, the limit has been set at ₹25,000 per day. Up to a limit of ₹25,000 per transaction – ₹150 per transaction.
Upstox
Start Trading in Share Market, SIP, IPOs, Mutual Fund, Indices and Commodity at Upstox.com with hassle free process. We provide real time BSE, NSE, MCX.
Is Upstox free?
You can check out the Upstox web & mobile platforms for free and open an account only when you’re ready to place a trade. There’s no fee to use the trading software.
What is the fees for Upstox?
| Upstox Charges | Equity Delivery |
|---|---|
| Brokerage | ₹20 or 2.5% whichever is lower on Equity Delivery |
| STT/CTT | 0.1% on both buy & sell. |
| Transaction Charges | NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group |
| Demat transaction charges | Rs. 18.5 per scrip per day only on sell. |
How do I start trading?
You need to fill up an account opening form along with a Know Your Customer (KYC) form. Attach identity proof (PAN card, Aadhaar) and address proof (Passport, driver licence, voter ID etc) and submit the application. You need to link your bank account to the trading account for convenient transfer of funds.
How do I add money to my Upstox account?
Login to the Upstox App using your Upstox User ID, Password, and Passcode (Year of Birth).Proceed to the Funds section where you can add funds for securities or commodities. NetBanking or Internet Banking is an electronic payment system that enables you to transfer funds in real-time directly to Upstox.
Net Banking: 1 – 10 minutes
IMPS/RTGS*: 30 minutesNEFT: 3 – 4 hours
What is withdrawal limit in Upstox?
Total instant withdrawal amount range allowed is between ₹100 to ₹2,00,000 in a day including both securities and commodities wallet. Used margin shows you the total amount that you have utilized, against any open or closed positions which needs to be zero, in order to place an instant withdrawal request.
Trading Day: Withdrawal request time
Other days or public holiday: Any time
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