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Comparisons

Indian Broker Comparisons (2026): Upstox vs Zerodha vs Groww vs Dhan & More

Every tracked broker, compared pairwise on published pricing and features — delivery, intraday, F&O, AMC, APIs and reported execution speed. Independent; gaps shown as Not Disclosed.

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

Pick a head-to-head comparison below, or browse our full broker comparison, brokerage calculators and broker profiles.

Head-to-head comparisons

  • Zerodha vs 5paisa

    Delivery: Zerodha ₹0 (free) vs 5paisa ₹20 per order (flat) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 per order (flat)

  • Zerodha vs Alice Blue

    Delivery: Zerodha ₹0 (free) vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.05% per order (whichever is lower)

  • Zerodha vs Angel One

    Delivery: Zerodha ₹0 (free) vs Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.1% per order (whichever is lower), minimum ₹5

  • Zerodha vs Arrow

    Delivery: Zerodha ₹0 (free) vs Arrow ₹0 (free) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Zerodha vs Dhan

    Delivery: Zerodha ₹0 (free) vs Dhan ₹0 (free) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Zerodha vs Fyers

    Delivery: Zerodha ₹0 (free) vs Fyers ₹20 or 0.3% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Zerodha vs Groww

    Delivery: Zerodha ₹0 (free) vs Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.1% per order (whichever is lower), minimum ₹5

  • Zerodha vs ICICI Direct

    Delivery: Zerodha ₹0 (free) vs ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription

  • Zerodha vs IIFL Securities

    Delivery: Zerodha ₹0 (free) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • Zerodha vs Kotak Neo (Kotak Securities)

    Delivery: Zerodha ₹0 (free) vs Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Zerodha vs Paytm Money

    Delivery: Zerodha ₹0 (free) vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 per order (flat)

  • Zerodha vs Pocketful

    Delivery: Zerodha ₹0 (free) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Zerodha vs Sahi

    Delivery: Zerodha ₹0 (free) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Zerodha vs Shoonya (Finvasia)

    Delivery: Zerodha ₹0 (free) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹5 or 0.03% per order (whichever is lower)

  • Zerodha vs Upstox

    Delivery: Zerodha ₹0 (free) vs Upstox ₹20 per order (flat) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.1% per order (whichever is lower)

  • Upstox vs 5paisa

    Delivery: Upstox ₹20 per order (flat) vs 5paisa ₹20 per order (flat) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 per order (flat)

  • Upstox vs Alice Blue

    Delivery: Upstox ₹20 per order (flat) vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 or 0.05% per order (whichever is lower)

  • Upstox vs Angel One

    Delivery: Upstox ₹20 per order (flat) vs Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 or 0.1% per order (whichever is lower), minimum ₹5

  • Upstox vs Arrow

    Delivery: Upstox ₹20 per order (flat) vs Arrow ₹0 (free) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Upstox vs Dhan

    Delivery: Upstox ₹20 per order (flat) vs Dhan ₹0 (free) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Upstox vs Fyers

    Delivery: Upstox ₹20 per order (flat) vs Fyers ₹20 or 0.3% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Upstox vs Groww

    Delivery: Upstox ₹20 per order (flat) vs Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 or 0.1% per order (whichever is lower), minimum ₹5

  • Upstox vs ICICI Direct

    Delivery: Upstox ₹20 per order (flat) vs ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription

  • Upstox vs IIFL Securities

    Delivery: Upstox ₹20 per order (flat) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • Upstox vs Kotak Neo (Kotak Securities)

    Delivery: Upstox ₹20 per order (flat) vs Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Upstox vs Paytm Money

    Delivery: Upstox ₹20 per order (flat) vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 per order (flat)

  • Upstox vs Pocketful

    Delivery: Upstox ₹20 per order (flat) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Upstox vs Sahi

    Delivery: Upstox ₹20 per order (flat) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Upstox vs Shoonya (Finvasia)

    Delivery: Upstox ₹20 per order (flat) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 or 0.1% per order (whichever is lower) vs ₹5 or 0.03% per order (whichever is lower)

  • Groww vs 5paisa

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs 5paisa ₹20 per order (flat) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 per order (flat)

  • Groww vs Alice Blue

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.05% per order (whichever is lower)

  • Groww vs Angel One

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.1% per order (whichever is lower), minimum ₹5

  • Groww vs Arrow

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Arrow ₹0 (free) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.03% per order (whichever is lower)

  • Groww vs Dhan

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Dhan ₹0 (free) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.03% per order (whichever is lower)

  • Groww vs Fyers

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Fyers ₹20 or 0.3% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.03% per order (whichever is lower)

  • Groww vs ICICI Direct

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription

  • Groww vs IIFL Securities

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs 0.025% per order (Investor Plan - Online Plus)

  • Groww vs Kotak Neo (Kotak Securities)

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹10 or 0.05% per order (whichever is lower)

  • Groww vs Paytm Money

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 per order (flat)

  • Groww vs Pocketful

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.03% per order (whichever is lower)

  • Groww vs Sahi

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹10 or 0.05% per order (whichever is lower)

  • Groww vs Shoonya (Finvasia)

    Delivery: Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹5 or 0.03% per order (whichever is lower)

  • Angel One vs 5paisa

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs 5paisa ₹20 per order (flat) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 per order (flat)

  • Angel One vs Alice Blue

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.05% per order (whichever is lower)

  • Angel One vs Arrow

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Arrow ₹0 (free) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.03% per order (whichever is lower)

  • Angel One vs Dhan

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Dhan ₹0 (free) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.03% per order (whichever is lower)

  • Angel One vs Fyers

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Fyers ₹20 or 0.3% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.03% per order (whichever is lower)

  • Angel One vs ICICI Direct

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription

  • Angel One vs IIFL Securities

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs 0.025% per order (Investor Plan - Online Plus)

  • Angel One vs Kotak Neo (Kotak Securities)

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹10 or 0.05% per order (whichever is lower)

  • Angel One vs Paytm Money

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 per order (flat)

  • Angel One vs Pocketful

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹20 or 0.03% per order (whichever is lower)

  • Angel One vs Sahi

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹10 or 0.05% per order (whichever is lower)

  • Angel One vs Shoonya (Finvasia)

    Delivery: Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 or 0.1% per order (whichever is lower), minimum ₹5 vs ₹5 or 0.03% per order (whichever is lower)

  • Dhan vs 5paisa

    Delivery: Dhan ₹0 (free) vs 5paisa ₹20 per order (flat) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 per order (flat)

  • Dhan vs Alice Blue

    Delivery: Dhan ₹0 (free) vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.05% per order (whichever is lower)

  • Dhan vs Arrow

    Delivery: Dhan ₹0 (free) vs Arrow ₹0 (free) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Dhan vs Fyers

    Delivery: Dhan ₹0 (free) vs Fyers ₹20 or 0.3% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Dhan vs ICICI Direct

    Delivery: Dhan ₹0 (free) vs ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription

  • Dhan vs IIFL Securities

    Delivery: Dhan ₹0 (free) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • Dhan vs Kotak Neo (Kotak Securities)

    Delivery: Dhan ₹0 (free) vs Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Dhan vs Paytm Money

    Delivery: Dhan ₹0 (free) vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 per order (flat)

  • Dhan vs Pocketful

    Delivery: Dhan ₹0 (free) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Dhan vs Sahi

    Delivery: Dhan ₹0 (free) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Dhan vs Shoonya (Finvasia)

    Delivery: Dhan ₹0 (free) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹5 or 0.03% per order (whichever is lower)

  • Fyers vs 5paisa

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs 5paisa ₹20 per order (flat) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 per order (flat)

  • Fyers vs Alice Blue

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.05% per order (whichever is lower)

  • Fyers vs Arrow

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs Arrow ₹0 (free) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Fyers vs ICICI Direct

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription

  • Fyers vs IIFL Securities

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • Fyers vs Kotak Neo (Kotak Securities)

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Fyers vs Paytm Money

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 per order (flat)

  • Fyers vs Pocketful

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Fyers vs Sahi

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Fyers vs Shoonya (Finvasia)

    Delivery: Fyers ₹20 or 0.3% per order (whichever is lower) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹5 or 0.03% per order (whichever is lower)

  • ICICI Direct vs 5paisa

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs 5paisa ₹20 per order (flat) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs ₹20 per order (flat)

  • ICICI Direct vs Alice Blue

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs ₹20 or 0.05% per order (whichever is lower)

  • ICICI Direct vs Arrow

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs Arrow ₹0 (free) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs ₹20 or 0.03% per order (whichever is lower)

  • ICICI Direct vs IIFL Securities

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs 0.025% per order (Investor Plan - Online Plus)

  • ICICI Direct vs Kotak Neo (Kotak Securities)

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs ₹10 or 0.05% per order (whichever is lower)

  • ICICI Direct vs Paytm Money

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs ₹20 per order (flat)

  • ICICI Direct vs Pocketful

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs ₹20 or 0.03% per order (whichever is lower)

  • ICICI Direct vs Sahi

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs ₹10 or 0.05% per order (whichever is lower)

  • ICICI Direct vs Shoonya (Finvasia)

    Delivery: ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription vs ₹5 or 0.03% per order (whichever is lower)

  • Kotak Neo (Kotak Securities) vs 5paisa

    Delivery: Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) vs 5paisa ₹20 per order (flat) · Intraday: ₹10 or 0.05% per order (whichever is lower) vs ₹20 per order (flat)

  • Kotak Neo (Kotak Securities) vs Alice Blue

    Delivery: Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: ₹10 or 0.05% per order (whichever is lower) vs ₹20 or 0.05% per order (whichever is lower)

  • Kotak Neo (Kotak Securities) vs Arrow

    Delivery: Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) vs Arrow ₹0 (free) · Intraday: ₹10 or 0.05% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Kotak Neo (Kotak Securities) vs IIFL Securities

    Delivery: Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹10 or 0.05% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • Kotak Neo (Kotak Securities) vs Paytm Money

    Delivery: Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹10 or 0.05% per order (whichever is lower) vs ₹20 per order (flat)

  • Kotak Neo (Kotak Securities) vs Pocketful

    Delivery: Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹10 or 0.05% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Kotak Neo (Kotak Securities) vs Sahi

    Delivery: Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹10 or 0.05% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Kotak Neo (Kotak Securities) vs Shoonya (Finvasia)

    Delivery: Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹10 or 0.05% per order (whichever is lower) vs ₹5 or 0.03% per order (whichever is lower)

  • 5paisa vs Alice Blue

    Delivery: 5paisa ₹20 per order (flat) vs Alice Blue ₹20 or 2.5% per order (whichever is lower) · Intraday: ₹20 per order (flat) vs ₹20 or 0.05% per order (whichever is lower)

  • 5paisa vs Arrow

    Delivery: 5paisa ₹20 per order (flat) vs Arrow ₹0 (free) · Intraday: ₹20 per order (flat) vs ₹20 or 0.03% per order (whichever is lower)

  • 5paisa vs IIFL Securities

    Delivery: 5paisa ₹20 per order (flat) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 per order (flat) vs 0.025% per order (Investor Plan - Online Plus)

  • 5paisa vs Paytm Money

    Delivery: 5paisa ₹20 per order (flat) vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹20 per order (flat) vs ₹20 per order (flat)

  • 5paisa vs Pocketful

    Delivery: 5paisa ₹20 per order (flat) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 per order (flat) vs ₹20 or 0.03% per order (whichever is lower)

  • 5paisa vs Sahi

    Delivery: 5paisa ₹20 per order (flat) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 per order (flat) vs ₹10 or 0.05% per order (whichever is lower)

  • 5paisa vs Shoonya (Finvasia)

    Delivery: 5paisa ₹20 per order (flat) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 per order (flat) vs ₹5 or 0.03% per order (whichever is lower)

  • Alice Blue vs Shoonya (Finvasia)

    Delivery: Alice Blue ₹20 or 2.5% per order (whichever is lower) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 or 0.05% per order (whichever is lower) vs ₹5 or 0.03% per order (whichever is lower)

  • Shoonya (Finvasia) vs Arrow

    Delivery: Shoonya (Finvasia) ₹0 (free equity delivery) vs Arrow ₹0 (free) · Intraday: ₹5 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Shoonya (Finvasia) vs IIFL Securities

    Delivery: Shoonya (Finvasia) ₹0 (free equity delivery) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹5 or 0.03% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • Paytm Money vs Shoonya (Finvasia)

    Delivery: Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) vs Shoonya (Finvasia) ₹0 (free equity delivery) · Intraday: ₹20 per order (flat) vs ₹5 or 0.03% per order (whichever is lower)

  • Shoonya (Finvasia) vs Pocketful

    Delivery: Shoonya (Finvasia) ₹0 (free equity delivery) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹5 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Shoonya (Finvasia) vs Sahi

    Delivery: Shoonya (Finvasia) ₹0 (free equity delivery) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹5 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Alice Blue vs Arrow

    Delivery: Alice Blue ₹20 or 2.5% per order (whichever is lower) vs Arrow ₹0 (free) · Intraday: ₹20 or 0.05% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Alice Blue vs IIFL Securities

    Delivery: Alice Blue ₹20 or 2.5% per order (whichever is lower) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.05% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • Alice Blue vs Paytm Money

    Delivery: Alice Blue ₹20 or 2.5% per order (whichever is lower) vs Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) · Intraday: ₹20 or 0.05% per order (whichever is lower) vs ₹20 per order (flat)

  • Alice Blue vs Pocketful

    Delivery: Alice Blue ₹20 or 2.5% per order (whichever is lower) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 or 0.05% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Alice Blue vs Sahi

    Delivery: Alice Blue ₹20 or 2.5% per order (whichever is lower) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.05% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Arrow vs IIFL Securities

    Delivery: Arrow ₹0 (free) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • Paytm Money vs Arrow

    Delivery: Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) vs Arrow ₹0 (free) · Intraday: ₹20 per order (flat) vs ₹20 or 0.03% per order (whichever is lower)

  • Pocketful vs Arrow

    Delivery: Pocketful ₹0 (free; ₹0.01 minimum per order) vs Arrow ₹0 (free) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹20 or 0.03% per order (whichever is lower)

  • Arrow vs Sahi

    Delivery: Arrow ₹0 (free) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

  • Paytm Money vs IIFL Securities

    Delivery: Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 per order (flat) vs 0.025% per order (Investor Plan - Online Plus)

  • Pocketful vs IIFL Securities

    Delivery: Pocketful ₹0 (free; ₹0.01 minimum per order) vs IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs 0.025% per order (Investor Plan - Online Plus)

  • IIFL Securities vs Sahi

    Delivery: IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: 0.025% per order (Investor Plan - Online Plus) vs ₹10 or 0.05% per order (whichever is lower)

  • Paytm Money vs Pocketful

    Delivery: Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) vs Pocketful ₹0 (free; ₹0.01 minimum per order) · Intraday: ₹20 per order (flat) vs ₹20 or 0.03% per order (whichever is lower)

  • Paytm Money vs Sahi

    Delivery: Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 per order (flat) vs ₹10 or 0.05% per order (whichever is lower)

  • Pocketful vs Sahi

    Delivery: Pocketful ₹0 (free; ₹0.01 minimum per order) vs Sahi ₹10 or 0.05% per order (whichever is lower) · Intraday: ₹20 or 0.03% per order (whichever is lower) vs ₹10 or 0.05% per order (whichever is lower)

All brokers at a glance

Published headline pricing — alphabetical (official sources at last review)
Broker Delivery Intraday F&O AMC
5paisa ₹20 per order (flat) ₹20 per order (flat) ₹20 per order (flat) ₹25 per month + GST (per official pricing; BSDA conditions apply)
Alice Blue ₹20 or 2.5% per order (whichever is lower) ₹20 or 0.05% per order (whichever is lower) ₹20 per order (options); ₹20 or 0.05% per order for futures (whichever is lower) ₹0 (zero AMC)
Angel One ₹20 or 0.1% per order (whichever is lower), minimum ₹5 ₹20 or 0.1% per order (whichever is lower), minimum ₹5 ₹20 per order (flat) Free first year, then ₹60 + GST per quarter (non-BSDA)
Arrow ₹0 (free) ₹20 or 0.03% per order (whichever is lower) ₹20 per order (options); ₹20 or 0.03% per order for futures (whichever is lower) ₹0 (individual accounts; ₹500/year for non-individual accounts)
Dhan ₹0 (free) ₹20 or 0.03% per order (whichever is lower) ₹20 per order (flat) ₹0 (individuals & HUFs)
Fyers ₹20 or 0.3% per order (whichever is lower) ₹20 or 0.03% per order (whichever is lower) ₹20 per order (options); ₹20 or 0.03% per order for futures (whichever is lower) ₹0 (zero AMC)
Groww ₹20 or 0.1% per order (whichever is lower), minimum ₹5 ₹20 or 0.1% per order (whichever is lower), minimum ₹5 ₹20 per order (flat) ₹0
ICICI Direct 0.29% per order on the default MoneySaver plan (lower on prepaid Prime plans) 0.029% per order on MoneySaver; ₹20 per order with an iValue subscription MoneySaver: futures 0.029%, options ₹49 per lot; ₹20 per order with iValue ₹700 per year (₹300 for iVALUE subscribers)
IIFL Securities 0.25% per order (Investor Plan - Online Plus, per official rate card) 0.025% per order (Investor Plan - Online Plus) Futures 0.025% per order; options ₹25 per lot (Investor Plan - Online Plus) Free first year, then ₹250 + GST per year
Kotak Neo (Kotak Securities) 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) ₹10 or 0.05% per order (whichever is lower) ₹10 per order (flat) Not Disclosed
Paytm Money ₹20 per order (accounts opened on or after 25 Aug 2023) ₹20 per order (flat) ₹20 per order (flat) ₹0 demat AMC (per official site)
Pocketful ₹0 (free; ₹0.01 minimum per order) ₹20 or 0.03% per order (whichever is lower) ₹20 per order (flat) ₹0
Sahi ₹10 or 0.05% per order (whichever is lower) ₹10 or 0.05% per order (whichever is lower) ₹10 per order (flat) ₹0
Shoonya (Finvasia) ₹0 (free equity delivery) ₹5 or 0.03% per order (whichever is lower) ₹5 per order (options); ₹5 or 0.03% per order for futures (whichever is lower) ₹0 (individuals; ₹900 for corporate, trust and LLP accounts)
Upstox ₹20 per order (flat) ₹20 or 0.1% per order (whichever is lower) ₹20 per order (options); ₹20 or 0.05% per order for futures (whichever is lower) ₹0 first year, then ₹300 + GST per year
Zerodha ₹0 (free) ₹20 or 0.03% per order (whichever is lower) ₹20 per order (options); ₹20 or 0.03% per order for futures (whichever is lower) Free first year, then ₹300 + 18% GST per year, billed quarterly (non-BSDA; ₹0 for BSDA holdings under ₹4 lakh)

Frequently asked questions

Which Indian brokers do you compare head-to-head?

We publish pairwise comparisons for all 16 brokers we track — 120 unique pairs covering Zerodha, Upstox, Groww, Angel One, Dhan, Fyers and others. Each page uses only published official pricing and features.

How do you decide which broker is better?

We do not declare an overall winner. Each comparison table shows published delivery, intraday and F&O brokerage, AMC, API availability and reported execution speed. Where data is missing, we show Not Disclosed rather than estimate.

Is this comparison independent?

Yes. Indian Broker Test has no broker affiliation, sponsorship or referral fees. See our methodology page for how data is compiled.

Comparisons reflect published rate-card text at our last data review. Plan-based brokers may require reading the official pricing page. See methodology.