This article offers a professional guide on the 5+ Best Trading App in India with Zero Brokerage, offering in-depth comparisons and expert insights to help you make an informed trading decision.
In the last few years, millions of people in India have started investing in the stock market using mobile apps. These apps have made trading very easy and fast. One of the newest and most useful features in these apps is zero brokerage. This means you can buy and sell stocks without paying any commission to the broker.
This helps traders save a lot of money and try different trading ideas without worrying about high charges. But be careful, some apps only give zero brokerage on certain types of trades. Others might have hidden charges.
In this detailed article, we’ll explore the 5+ best trading app in India with zero brokerage, compare features, and help you choose the right one based on your trading style and financial goals.
Let’s explore together!
Table of Contents
What is Zero Brokerage in Trading?
Zero brokerage means you don’t need to pay any type of commission to the broker when you buy or sell certain types of investments. This is most commonly seen in equity delivery (when you buy shares and hold them for the long term) and mutual fund investments.
How Do These Apps Make Money?
- Subscription plans
- Margin interest
- Value-added services
- Partner offerings
Pros
- No cost per trade
- Encourages frequent trading
- Ideal for new and budget-conscious investors
Cons
- Some apps charge for F&O or intraday
- May lack personalized service
- Revenue generation through alternate channels (like lending or APIs)
Why Choose a Zero Brokerage Trading App?
Choosing the 5+ best trading app in India with zero brokerage offers several advantages:
- Lower entry barrier: Great for first-time investors
- No pressure of high fees: Encourages learning by doing
- Scalable for frequent traders: Reduced cost = higher profits
- Mobile-first convenience: Trade from anywhere
These apps are especially beneficial for intraday traders and delivery-based investors who want to cut down on recurring costs.
5+ Best Trading App in India with Zero Brokerage
Here’s a detailed list of the 5+ best trading apps in India with zero brokerage to help you trade efficiently without paying hefty fees.
1. Zerodha Kite
Zerodha is India’s largest retail broker, known for pioneering the discount broking model. With Zerodha’s Kite app, equity delivery investments and certain other products are brokerage-free. Zerodha offers a clean, fast interface with advanced charting tools, making it suitable for both beginners and active traders.
- Brokerage: ₹0 on equity delivery, ₹20 or 0.03% per order for intraday and F&O
- Features:
- Kite (trading app) with clean UI
- Charting tools: TradingView and ChartIQ
- Coin: Invest in mutual funds directly
- Console: Back-office and portfolio reports
- Add-ons: Streak (algo trading), Sensibull (options strategy), Varsity (educational content)
- Hidden Charges: ₹300/year AMC, ₹13.5+GST DP charge per sell transaction
- Best For: Long-term investors, options traders, tech-savvy users
2. Finvasia Shoonya
Shoonya by Finvasia offers a revolutionary zero-brokerage model. You can trade in all segments without paying any brokerage. This includes stocks, intraday, futures & options, commodities, and currency trading.
- Brokerage: ₹0 on delivery, intraday, F&O, currency, commodities
- Features:
- Shoonya app and web: Trade seamlessly across segments
- Free API access: Great for algorithmic trading
- Advanced charts and real-time data
- Multi-exchange support (NSE, BSE, MCX)
- Hidden Charges: ₹9 + GST DP charge per sell, all statutory fees
- Best For: Frequent traders, algo traders, cost-sensitive users
3. Groww
Groww started as a mutual fund investment app and expanded into stocks, ETFs, and F&O. Its clean interface makes it ideal for beginners. It also offers SIP in stocks.
- Brokerage: ₹20 or 0.05% per order (delivery, intraday, F&O)
- Features:
- Easy-to-use interface: Especially for new investors
- Direct mutual fund investments
- Thematic investing: Collections like Top Gainers, High Dividend
- Price alerts, stock SIPs
- Hidden Charges: ₹13.5+GST DP charge, regulatory charges
- Best For: Beginners, MF investors, first-time users
4. Angel One
Angel One provides a hybrid experience of traditional full-service brokerage and new-age discount pricing. Users get free trades for 30 days and access to stock research, recommendations, and trading strategies.
- Brokerage: Free trades for 30 days, then ₹20/order; 0.1% for delivery
- Features:
- ARQ Prime: AI-based investment engine
- IPO & Bonds: Apply directly from the app
- Research reports: Stock suggestions based on fundamentals and technicals
- Multiple languages support: Great for Indian regional audiences
- Hidden Charges: ₹20 minimum brokerage per trade (for low volume), ₹240 AMC
- Best For: Investors who need research support, regional users
5. m.Stock by Mirae Asset
m.Stock by Mirae Asset is a fintech trading app that allows users to trade across all segments with zero brokerage after paying a one-time ₹999 fee. It’s designed for serious investors and traders looking to cut costs permanently.
- Brokerage: ₹0 for all segments (with ₹999 one-time fee), or ₹5/order otherwise
- Features:
- Modern UI: Smooth user experience
- Advanced F&O tools: Options strategy builder, calculators
- Mutual funds, IPO, equity investments
- Margin Trading Facility (MTF): Low interest rates for leveraged investing
- Hidden Charges: DP charges, taxes, ₹999 upfront fee
- Best For: High-volume traders, investors looking for a fixed cost model
Quick Comparison Table
| App | Delivery | Intraday/F&O | AMC | Mutual Funds | Best For |
|---|---|---|---|---|---|
| Zerodha | ₹0 | ₹20/order | ₹300/yr | Free (Coin) | Long-term investors |
| Shoonya | ₹0 | ₹0 | ₹0 | Free | Cost-focused traders |
| Groww | ₹20 | ₹20/order | ₹0 | Free | New investors |
| Angel One | Free 30d | ₹20/order | ₹240/yr | Free | Advisory seekers |
| m.Stock | ₹0 (₹999) | ₹0 (₹999) | ₹0 | Free | Heavy traders |
FAQs:)
A. Yes. All listed are SEBI-regulated and CDSL/NSDL-backed.
A. Groww and Angel One are ideal due to their intuitive interfaces and support.
A. Yes, but only for specific trade types depending on the platform. You still pay government taxes, SEBI, and DP charges.
A. Shoonya (Finvasia) and m.Stock (with one-time fee) are excellent for active traders.
A. It means no commission on trades, especially in equity delivery.
A. Yes. Most offer downloadable capital gains and P&L statements for ITR filing.
A. Yes, most are SEBI-registered and regulated by Indian laws.
A. Yes, many investors use Groww for MF, Zerodha for delivery, and Shoonya for F&O.
Conclusion:)
The Indian trading landscape is evolving, and zero brokerage apps are leading the charge by making stock market participation more accessible and affordable. Whether you’re a beginner or an expert, there’s a platform suited for your trading goals.
Choosing the 5+ best trading app in India with zero brokerage depends on your needs—be it minimal fees, an intuitive UI, or powerful tools. Do your research, test a few apps, and start your investment journey with confidence.
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Have you used any of these apps, or do you have a favorite that deserves to be on this list? Share your thoughts and experiences in the comments below, We’d love to hear from you!