Online Brokerage Comparison in India Here you will find a table comparing intraday brokerage charges and delivery brokerage charges charged by different online brokers in India : Sharekhan, ICICIdirect, Motilal Oswal, Religare, SBICAP Securities, Angel Broking, 5paisa, Indiabulls, UTI Securities, HDFC Securities, Indiainfoline, Reliance Money. I constantly try to update this table and try to keep it upto date, so if you have any more information, please leave a comment. It is also important that you read the remarks below the table to get a complete picture.
Following is a list of popular online Brokerage firms in India for trading in Indian stock markets using Internet.
| Online Broker | Brokerage for Delivery | Brokerage for Intraday trading | MMC* |
| SBICAP Securities brokerage charges | 0.50% | 0.10% | NIL |
| Sharekhan brokerage charges | 0.03% - 0.50% | 0.03% - 0.10% | NIL |
| Motilal Oswal brokerage charges | 0.30% - 0.50% | 0.03% - 0.15% | |
| 5 paisa brokerage charges | 0.25% - 0.85% | 0.07% | |
| Angel Broking brokerage charges | 0.50% | 0.02% - 0.03% | |
| ICICI direct brokerage charges | 0.75% | 0.15% | |
| Indiabulls brokerage charges | 0.25% - 0.50% | 0.05% - 0.10% | |
| HDFC Securities brokerage charges | 0.50% | 0.15% | |
| UTI Securities brokerage charges | 0.80% | 0.15% | |
| Religare brokerage charges | 0.20% - 0.30% | 0.02% - 0.03% | |
| Reliance Money brokerage charges | 0.01% | 0.01% | card system |
| Geogit brokerage charges | 0.30% | 0.03% | |
| Indiainfoline brokerage charges | 0.50% | 0.10% | - |
Online Brokerage Comparison of Other Country
Broker | Minimum To Open Account | Online Commissions | Notes |
 | $2,000 (Varies depending on current promotion. Please see site for details.) | 0-149 trades/quarter: $9.99/trade 150+ trades/quarter: $7.99/trade | Power E*TRADE Pro trading platform at no cost if 30 or more trades per quarter with advanced charting |
Fidelity | $2,500.00 | $7.95 | Excellent Research Tools Discounts available for Active Traders Excellent Backtesting available |
Interactive Brokers | $10,000.00 | $.005 per share Minimum Commission $1.00 Maximum Commission: 0.5% of trade plus fees | See website for various commission examples Many advanced capabilities available |
Schwab | $1,000.00 | $8.95 | $8.95 flat rate per trade regardless of account balance. |
Scottrade | $500.00 | $7.00 | Broker Assisted Trades: $27.00 Free Dow Jones News |
TD Ameritrade | Amount varies depending on whether or not you are taking advantage of a promotion or not or whether a margin account is being applied for. | $9.99 | Broker Assisted Trades: $44.99 Additional Benefits for Upgraded "Apex" qualified accounts. |
thinkorswim | Amount varies depending on whether or not you are taking advantage of a promotion or not or whether a margin account is being applied for. | $9.99 | Typically regular ongoing promotions that vary from time to time. Check website for current offers. |
TradeStation | $5,000.00 | First 500 shares $.01 per share, $.006 per share thereafter. Or Flat Fees based on monthly trades: 1-9 Trades: $9.99/trade 10-29 Trades: $7.99/trade 30 or More: $6.99/trade | Additional Trading platform Fee of $99.95/month unless you trade 5000 or more shares in the previous month, then $0 Platform fee. Excellent backtesting and trade automation capabilities. |
Zecco.com  | None |  | Broker Assisted Trades are $19.99 per trade. |
