Trading and investing in stocks is becoming more and more popular. Especially in small and growing tier 2 and tier 3 cities. Traders who are looking for actively trading in Indian stock markets are now looking for many dimensions. That can help them improve their trading experience. So knowing which is the best stock broker in India can solve many of the trading problems.
We have done a thorough study of which broker is best for trading in India and found 2 best brokers. Upstox and Samco are both discount brokers, which means they offer brokerage services at the most affordable price.
Best stock brokers for Trading:
|Brokerage||Rs.20 per executed order in F&O. and Free for equity delivery.||Rs.20 per executed order in F&O. and Free for equity delivery.|
|Margin - Cash||25 times||20 times|
|Margin - Futures||10 times||5 times|
|Margin - Option Selling||6 times||2 times|
|Call and Trade||Yes||Yes|
|Trade from Chart||Yes||Yes|
|Auto Square off||Yes (at 3.15pm)||Yes (anytime after 3.00pm)|
|Refer a Friend||Yes||Yes|
|Account Opening with Aadhaar||Yes (activated in 2 hours)||Yes (activated in 48 hours)|
|Deep OTM Option Selling||Yes||No|
|Platform Stability||Highly Stable||Not stable|
|Collateral as Margin||Yes (with 60% haircut)||Yes|
|Account Opening Fee||Depends on Segment.||Rs.300|
|Over All Rating||4.5/5||3/5|
Of these both brokers, Upstox is a clear winner. Open a trading account with us and we will add you to our WhatsApp group and telegram channel. We share 1 trading call on banknifty option daily. We will add you to these groups if you open a trading account with us on upstox. Use this link to open an account at Upstox. Also, contact us on +91-9970777789 for free account opening and brokerage credit coupon codes.
Upstox is funded by Ratan Tata, so it is one of the largest stockbrokers with a reliable track record. Those who open an account with our link, we provide them with a discount on our technical analysis courses.