High brokerage silently eats your returns. Even ₹50 per trade x 100 trades/year = ₹5,000 gone. Here are India's lowest brokerage Demat accounts in 2026.
Brokerage Comparison 2026
Zerodha
- Delivery: Rs.0
- Intraday: Rs.20 flat or 0.03% (lower)
- F&O: Rs.20 flat per executed order
- AMC: Rs.300/year
Upstox
- Delivery: Rs.0 (₹20 on Pro plan)
- Intraday: Rs.20 flat
- F&O: Rs.20 flat
- AMC: ₹0-150/year
Groww
- Delivery: Rs.20 flat
- Intraday: Rs.20 flat
- F&O: Rs.20 flat
- AMC: Rs.0 (free forever)
Traditional Brokers (ICICI, HDFC Sec, Kotak Sec)
- Delivery: 0.25-0.50% (Rs.250-500 on Rs.1 lakh)
- AMC: Rs.700+/year
Savings Example - 10 Trades Per Month
Rs.1 lakh average trade value, 10 trades monthly:
- Zerodha: Rs.200 brokerage (Rs.0 delivery, assume 10 intraday)
- Traditional: Rs.2,500+ brokerage
- Annual savings: Rs.27,600+
Hidden Charges to Check
- DP charges on sell (CDSL/NSDL)
- Call & Trade charges (avoid)
- Physical statement fees
- Pledge/margin charges
Why Zerodha Wins Overall?
- Rs.0 delivery forever (no tier games)
- India's largest + most reliable
- Kite app best UI in the market
- Free educational content
Switch to India's lowest-brokerage Demat account today - open Zerodha below.
