Best brokers
Best Low-Cost Brokers for Traders in India (2026)
The full low-cost stack: free delivery, zero AMC and a free API.
Brokers that qualify
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Dhan
Options traders and TradingView users who want modern tooling at flat-fee pricing.
Delivery: ₹0 (free)
Intraday: ₹20 or 0.03% per order (whichever is lower)
AMC: ₹0 (individuals & HUFs)✓ Free delivery✓ Zero AMC✓ Free APITradingViewMCX commodityIPOPublished speed
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Pocketful
Algo-curious traders willing to try a newer platform.
Delivery: ₹0 (free; ₹0.01 minimum per order)
Intraday: ₹20 or 0.03% per order (whichever is lower)
AMC: ₹0✓ Free delivery✓ Zero AMC✓ Free APIMutual fundsIPOPublished speed
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Shoonya (Finvasia)
High-frequency, cost-obsessed traders who accept a smaller platform.
Delivery: ₹0 (free equity delivery)
Intraday: ₹5 or 0.03% per order (whichever is lower)
AMC: ₹0 (individuals; ₹900 for corporate, trust and LLP accounts)✓ Free delivery✓ Zero AMC✓ Free APIMCX commodityMutual fundsPublished speed
Next step: narrow it down by cost on the cost leaderboards, or see every feature side by side in the feature matrix.
More "best broker" lists
- Best forZero AMC
- Best forFree delivery
- Best forFree trading API
- Best forTradingView
- Best forCommodity (MCX)
- Best forStocks + mutual funds
- Best forIPO investing
- Best forResearch
- Best forBeginners
Frequently asked questions
Which brokers are best for low-cost traders in India?
On published data at our last review, 3 brokers qualify: Dhan, Pocketful, Shoonya (Finvasia). They are listed alphabetically because each meets the same published criteria.
How did you decide which brokers qualify?
A broker qualifies only if its official published data shows: Free delivery + Zero AMC + Free API. We don't accept payment for listings and we don't use opinion scores.
Why is a broker I use not on this list?
Either its published pricing or feature list did not show the required feature at our last review, or the feature depends on a plan or condition. Check the broker’s profile page for the exact wording.
How do I choose between the brokers on this list?
Compare total cost for the way you trade on our cost leaderboards, then use head-to-head comparisons for the two or three that fit best.
Sources
- Dhan - official website - https://dhan.co
- Pocketful - official website - https://www.pocketful.in
- Shoonya (Finvasia) - official website - https://shoonya.com