Investing in share markets has become more accessible with online stock broking platforms. Now, you can invest in the market with simple taps on your device screen. In India, numerous stock broking platforms like Gopocket, Zerodha, Upstox, etc exist. These platforms allow you to explore various stocks, study market trends, get insights, and invest.
In this article, we’ve curated a list of the top 10 best stock broking platforms for you. The list is random. Each of these stock broking platforms is great to start investing in 2024.
List of Top 10 best stock broking platforms
1. GoPocket
Gopocket is one of the best online stock broking sites. It’s the digital face of Sky Broking Trading Company. Gopocket has modern technology and features that enable the fastest and most convenient trading.
It has a pre-defined watchlist for monitoring trading opportunities, quick order placements for market changes, Rs. 0 brokerage for one-month, multiple investment options, and 24*7 expert guidance. Moreover, it also has a brokerage calculator, EMI calculator, and SIP calculator for error-free and fastest calculations.
Key features of GoPocket:
- Traditional expertise with modern technology
- Multiple investment options
- Zero hidden charges
- Easy investments
2. Zerodha
If we talk of online stock broking platforms, Zerodha always gains its spot. It is a popular platform with the greatest number of users. The app offers independence to invest in equity, SIP, Mutual funds, Stocks, IPOs, and international markets.
It provides several features to ease the investment process, such as Rs. 0 free equity delivery, free mutual funds’ investments, only Rs 20 charges for Intraday and F&O trades, and a feature to get insights of trades in one place.
Key features of Zerodha:
- Affordable charges
- Easy signup
- Fund transfer option
- Largest customer-base
3. Upstox
Another well-known online brokerage platform is Upstox. With it you can begin your investment journey. It is a convenient, accessible, and user-friendly platform. You can also find here materials to study about investment and trading.
Upstox also provides the best customer service to its customers. You can invest in mutual funds, Equity, ETFs, US Stocks, Corporate FDs, Foreign Stocks, Currency Trading, Commodities Trading, F&O, Tax-Saving Investments, Retirement Planning, NRI Accounts, HNI Accounts, Minor Accounts, etc.
Key features of Upstox:
- MF Return & SIP Calculator
- ELSS & Brokerage Calculator
- Gold Rate Tracker
- Trade learning materials
4. Groww
Groww is also among the best brokerage platforms. It has an easy signup process and is considered beginner-friendly. Groww allows you to invest in Stocks, IPOs, Mutual funds, etc. Groww is mainly known among new generations for its simplicity.
Key features of Groww:
- 30- different calculators
- All-in-one investment platform
- Bill payments and credit option
- Courses to learn investment
5. Paytm Money
Paytm Money is an online stock broking platform of Paytm. It is convenient for investors using paytm payments bank. Individuals can easily connect both platforms and start trading. On Paytm Money various stocks are listed.
Key features of Paytm:
- ✔ Live market data
- ✔ Price alerts
- ✔ Advanced charts
- ✔ Watchlist
6. Angel One
Angel One is one of the oldest Stock broking companies. It was earlier named Angel Broking Limited. It’s a leading stock brokerage platform that offers customer-centric offers and tools to help investors.
Key features of Angel One:
- Personalised Alerts
- Seamless Transactions
- Rs. 0 Brokerage for first 30 days (intraday, F&O, Currencies & Commodities)
- Basket orders, GTT orders facility
7. Dhan
Dhan is a user-friendly platform for stock brokerage. It offers several tools to investors to invest with mutual funds, equity, IPOs, ETFs, Nifty, etc. It allows investment with mutual funds at zero charges, equity, and other segments at Rs. 20.
Key features of Dhan:
- Long term investment
- Trading View Charts
- Margin Trading facility
- Availability of basket orders
8. HDFC Securities
The stock brokerage platform of the well-known HDFC Bank, HDFC Securities, provides a convenient online trading experience. It has advanced tools and technologies that help individuals with investment. HDFC securities is known for its constant customer support system and competitive brokerage charges.
Key features of HDFC Securities:
- Backed by HDFC bank
- Multiple investment options
- Low brokerage fees
- Easy basket investing
9. SBI Securities
Backed by the renowned SBI Bank, SBI securities are among the most reliable stock brokerage platforms. It is known for data-driven research reports, smooth investment processes, seamless transactions, and advanced charting tools.
Key features of SBI Securities
- Assistance for investment
- Real time market research & insights
- Call & trade facility
- Wing of SBI
10. ICICI Direct
ICICI Direct is an online share trading platform of ICICI Bank. It’s known for offering seamless account opening, investment, and trading processes. The ICICI Direct has excellent features, likewise stock investment, e-ATM orders, pay-off analysers, etc.
Key features of
- Advanced Charts
- Watchlists
- F&O Insights
- Trading platform of ICICI Bank
How to Start Investment with Stock Broking Platforms
With the online stock brokerage platform, investment has become an easy process. With it, you can begin your investment journey. To start with investment:
- Select any of the Stock Broking Platforms for your investment, such as Gopocket, Zerodha, Upstox, etc.
- Sign up using your mobile number. You will receive an otp.
- Fill out the account opening form by entering your name, mobile number, contact number, and email ID.
- Add your bank details, address details, and PAN details.
- Upload KYC documents for proof of identity, address, etc. You’ll also need a signature, a photo, and bank proof. Moreover, you’ll also be required to submit income proof for future & options trading.
- For verification depending on the stock broking platforms, you will be required to do video/photo verification. Once the account opening process will be completed. The new account will be verified by the dedicated team.
- Get the account details, research investment options, and start investing. Also study the data and content to keep learning about investment and trading.
Conclusion
In India, there are various stock broking platforms. You can choose reliable, convenient, and affordable brokerage charge platforms for trading. You can select a platform according to your investment needs, such as IPOs, equity, and trading.
Ensure that you read all the terms and conditions of stock broking platforms carefully and check for flat and hidden charges. Gopocket, Zerodha, and Upstox are top stock broking platforms with less brokerage and zero hidden charges.
