Independent. No broker pays us, and every number comes from a published source.

Best brokers

Best Brokers for Stocks and Mutual Funds in One App (2026)

One app for shares and mutual funds keeps things simple. These brokers publish both.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 14 November 2026 · Independent

Brokers that qualify

  • 5paisa

    Cost-conscious traders comfortable with a subscription add-on model.

    Delivery: ₹20 per order (flat)
    Intraday: ₹20 per order (flat)
    AMC: ₹25 per month + GST (per official pricing; BSDA conditions apply)

    ✓ Mutual fundsFree APIMCX commodityPublished speed

    Charges · Calculator

  • Alice Blue

    Price-sensitive algo traders exploring beyond the biggest names.

    Delivery: ₹20 or 2.5% per order (whichever is lower)
    Intraday: ₹20 or 0.05% per order (whichever is lower)
    AMC: ₹0 (zero AMC)

    ✓ Mutual fundsZero AMCFree APIMCX commodityIPO

    Charges · Calculator

  • Angel One

    Traders who want flat-fee pricing plus research, or a free multi-language API.

    Delivery: ₹20 or 0.1% per order (whichever is lower), minimum ₹5
    Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5
    AMC: Free first year, then ₹60 + GST per quarter (non-BSDA)

    ✓ Mutual fundsFree APIMCX commodityIPOResearch deskPublished speed

    Charges · Calculator

  • Groww

    Beginners and long-term investors who want one simple app for stocks and mutual funds.

    Delivery: ₹20 or 0.1% per order (whichever is lower), minimum ₹5
    Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5
    AMC: ₹0

    ✓ Mutual fundsZero AMCIPOPublished speed

    Charges · Calculator

  • ICICI Direct

    ICICI Bank customers who want research, advisory and one integrated account.

    Delivery: 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans)
    Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription
    AMC: ₹700 per year (₹300 for iVALUE subscribers)

    ✓ Mutual fundsFree APIMCX commodityResearch desk

    Charges · Calculator

  • IIFL Securities

    Investors who want a full-service broker with in-house research and wide product coverage.

    Delivery: 0.25% per order (Investor Plan - Online Plus, per official rate card)
    Intraday: 0.025% per order (Investor Plan - Online Plus)
    AMC: Free first year, then ₹250 + GST per year

    ✓ Mutual fundsMCX commodityIPOResearch deskPublished speed

    Charges · Calculator

  • Kotak Neo (Kotak Securities)

    Kotak Bank customers wanting integrated broking with research.

    Delivery: 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month)
    Intraday: ₹10 or 0.05% per order (whichever is lower)
    AMC: Not Disclosed

    ✓ Mutual fundsFree APIMCX commodityIPOResearch deskPublished speed

    Charges · Calculator

  • Paytm Money

    Paytm users who want investing and broking inside one ecosystem.

    Delivery: ₹20 per order (accounts opened on or after 25 Aug 2023)
    Intraday: ₹20 per order (flat)
    AMC: ₹0 demat AMC (per official site)

    ✓ Mutual fundsZero AMCIPO

    Charges · Calculator

  • 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

    ✓ Mutual fundsFree deliveryZero AMCFree APIIPOPublished speed

    Charges · Calculator

  • 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)

    ✓ Mutual fundsFree deliveryZero AMCFree APIMCX commodityPublished speed

    Charges · Calculator

  • Upstox

    Intraday and options traders who prioritise app speed and a free API.

    Delivery: ₹20 per order (flat)
    Intraday: ₹20 or 0.1% per order (whichever is lower)
    AMC: ₹0 first year, then ₹300 + GST per year

    ✓ Mutual fundsFree APIMCX commodityIPOPublished speed

    Charges · Calculator

  • Zerodha

    Self-directed investors and traders who want low, predictable costs and a stable platform.

    Delivery: ₹0 (free)
    Intraday: ₹20 or 0.03% per order (whichever is lower)
    AMC: Free first year, then ₹300 + 18% GST per year, billed quarterly (non-BSDA; ₹0 for BSDA holdings under ₹4 lakh)

    ✓ Mutual fundsFree deliveryMCX commodityPublished speed

    Charges · Calculator

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

Frequently asked questions

Which brokers are best for stocks + mutual funds in India?

On published data at our last review, 12 brokers qualify: 5paisa, Alice Blue, Angel One, Groww, ICICI Direct, IIFL Securities, Kotak Neo (Kotak Securities), Paytm Money, Pocketful, Shoonya (Finvasia), Upstox, Zerodha. 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: Mutual funds. 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

  1. 5paisa - official website - https://www.5paisa.com
  2. Alice Blue - official website - https://aliceblueonline.com
  3. Angel One - official website - https://www.angelone.in
  4. Groww - official website - https://groww.in
  5. ICICI Direct - official website - https://www.icicidirect.com
  6. IIFL Securities - official website - https://www.iiflcapital.com
  7. Kotak Neo (Kotak Securities) - official website - https://www.kotakneo.com
  8. Paytm Money - official website - https://www.paytmmoney.com
  9. Pocketful - official website - https://www.pocketful.in
  10. Shoonya (Finvasia) - official website - https://shoonya.com
  11. Upstox - official website - https://upstox.com
  12. Zerodha - official website - https://zerodha.com