When selecting a trading app, users should consider factors such as brokerage charges, account maintenance fees, ease of use, and additional features. Here, we compare some of the top trading platforms based on various parameters.
Account Opening and Maintenance Charges
| Broker | Account Opening Fee | Annual Maintenance Charge (AMC) < 4 lakh , (₹4-10 lakh), >₹10 lakh |
| Zerodha | Free | Free, ₹100+GST , 300+GST |
| Groww | Free | Free |
| Angel One | Free | Free, ₹100 + GST, ₹240 + GST |
| Upstox | Free | Free |
| Paytm Money | Free | Free |
| Dhan | Free | Free |
Brokerage Charges
| Broker | Delivery Charges | Intraday Charges |
| Zerodha | Free | ₹20 or 0.03% per trade |
| Groww | ₹20 or 0.10% | ₹20 or 0.05% per trade |
| Angel One | Free | ₹20 or 0.03% per trade |
| Upstox | ₹20 | ₹20 per trade |
| Paytm Money | ₹2 or 2.5% | ₹20 or 0.05% per trade |
| Dhan | Free | ₹20 or 0.03%per trade |
Other Charges
| Broker | DP Charges (Per Sale) | Payment Gateway Fees | Auto Square-off Fees |
| Zerodha | ₹13.5 | ₹9(NON UPI) | ₹50 |
| Groww | ₹12.5 | Free | ₹50 |
| Angel One | ₹20 | Free | ₹20 |
| Upstox | ₹13.5 | ₹7(NON UPI) | ₹50 |
| Paytm Money | ₹13.5 | ₹10(NON UPI) | ₹50 |
| Dhan | ₹12.5 | Free | ₹20 |
User Ratings and Active Users
| Broker | App Rating (out of 5) | Active Users ( |
| Zerodha | 3.8 | 76 Lakhs |
| Groww | 4.8 | 1.32 crore |
| Angel One | 4.4 | 76 Lakhs |
| Upstox | 4.5 | 24 Lakhs |
| Paytm Money | 3.9 | 8 Lakhs |
| Dhan | 4.3 | 5.6 Lakhs |
Best Picks Based on Features and Pricing
- Groww – Best for beginners with a user-friendly interface and transparent pricing.
- Angel One – Suitable for both beginners and experienced traders with moderate charges.
- Zerodha – Offers reliable services with a low-cost structure, ideal for long-term traders.
Conclusion
Choosing the best trading app depends on individual preferences, trading frequency, and cost considerations. Groww, Angel One, and Zerodha stand out based on their features, pricing, and user base.
For further insights, users can compare their specific trading patterns and cost implications on different platforms before making a decision.