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India’s trusted platform to find the right SEBI-registered broker with 100% transparency & real rewards.

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Compare India's Top 51 SEBI-Registered Brokers

Out of 4900+ brokers, 90%+ traders and investors trust these top names. Compare, open your demat account with StoxBroker.

All Brokers Compared

Side-by-side data of 51+ verified SEBI brokers.

Transparent Charges

Zero hidden fees & fully explained cost breakdowns.

Free Courses

Stock market basics to pro – in Hindi & English.

Silver Coin Rewards

Complete KYC and earn real silver coin rewards.

Intro Video

What Should You Check Before Opening a Demat/Trading Account?

A complete checklist every investor must follow.

1. Type of Broker (Full-Service vs Discount)

Full-Service Broker

Includes research reports, advisory, and RM support.

Discount Broker

Low-cost, no advisory. Best for self-driven traders.

2. SEBI Registration

  • Is the broker SEBI registered?
  • Verify their SEBI registration number.

3. Charges You Must Check

Charge Type Why It Matters
Account Opening Fee Some brokers offer β‚Ή0 opening fee
AMC Annual fee to maintain your account
Brokerage Charges Check fees for Intraday, F&O, etc.
Call & Trade Charges Phone-based order placement fees
Demat Charges Convert physical shares to digital
Transaction Charges Based on your trade turnover
STT / CTT Government-imposed tax
Pledge Charges For pledging shares as margin
DP Charges For selling shares via depository
Hidden Charges Subscription, platform or API fees

4. Platform & Technology

App speed, UI/UX, indicators & tools quality

5. Customer Support & Complaints

Check availability via email, chat, phone

6. Margin / Leverage Policy

Margin provided & SEBI margin rule compliance

7. Research & Learning Resources

Blog, webinars, videos, strategy sessions

8. Referral & Reward Program

Cashback, Learn & Earn, Free rewards

9. Account Closure Simplicity

Exit without friction or hidden fees

Top 51 Trusted Brokers for 2025 (SEBI Registered)

Lemonn

Lemonn

β˜…β˜…β˜…β˜…β˜… (5.0)
Discount Broker

Zero brokerage investing, modern interface for young investors.

Samco

Samco

β˜…β˜…β˜…β˜…β˜… (5.0)
Full-Service Broker

Smart investing tools & flat brokerage with deep research tools.

5Paisa

5Paisa

β˜…β˜…β˜…β˜…β˜† (4.0)
Discount Broker

Low-cost trading with a feature-rich app for all levels of investors.

Alice Blue

Alice Blue

β˜…β˜…β˜…β˜…β˜† (4.0)
Discount Broker

Low brokerage plans with powerful back-office tools for traders.

Upstox

Upstox

β˜…β˜…β˜…β˜…β˜† (4.0)
Discount Broker

Leading discount broker backed by Tata with smart app & alerts.

Fyers

Fyers

β˜…β˜…β˜…β˜…β˜† (4.2)
Discount Broker

Feature-rich charting tools & seamless experience for all traders.