In order to trade successfully, it is very important to choose the right broker. in India, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best stock brokers for beginners in India 2026. You can compare their features and trading conditions.
1
Easy Equities - Best for beginners in India
Easy Equities (EasyEquities) is a US stock broker providing financial services in the international market. The company opens access to South African, American and Australian markets and provides an opportunity to trade fractional shares. Investors can choose an individual or corporate account and there are also accounts for children. EasyEquities is a part of two licensed financial services companies — First World Trader and Purple Group.
👍 Advantages of trading with Easy Equities for traders from India:
•Demo accounts with two base currencies to choose from: USA and ZAR.
•Low trading commissions and zero non-trading fees.
•An account for children under age.
•No required minimum deposit amount.
•A possibility to invest independently or use investment offers of the broker.
•Residents of the majority of countries can open an account with the broker.
•Fractional shares are among trading instruments available to traders.
👎 Disadvantages of Easy Equities for traders from India:
•Deposit and withdrawal take several days.
•The broker offers very few methods of contacting customer support.
•There is no information about the authorities regulating the operation of Easy Equities.
2
TradeZero - Best for beginners in India
TradeZero is a Bahamian broker that provides its clients with access to the interbank market for stock trading. The platform allows you to trade limit orders for NYSE, Amex, and Nasdaq securities for free. Leverage, depending on the parameters of the order, ranges from 1:2 to 1:6. There are no templates for day trading. The broker has developed four trading platforms - ZeroPro, ZeroWeb, ZeroFree, and ZeroMobile, which make it possible to trade with maximum comfort, regardless of the level of the trader and his preferences. The platforms integrate technical analysis tools, news, and analytics.
👍 Advantages of trading with TradeZero for traders from India:
•The broker allows you to trade all stocks that are listed on the NYSE, Amex, and Nasdaq exchanges.
•In addition to shares, trading in ETFs and options is available on objectively favorable terms.
•Limit orders greater than $1 and containing up to 200 shares are not subject to commission.
•The broker has proprietary software for working from a desktop, in a browser, and on a mobile device.
•Transparent pricing policy, fixed deposit/withdrawal commissions.
•No commissions on the first deposit.
•The broker provides an extensive pool of educational materials for traders of different levels.
•Fast technical support in live chat, and there is a multi-channel call center and email.
👎 Disadvantages of TradeZero for traders from India:
•The minimum deposit is $500. It does not charge a commission, but this is a significant amount, which sometimes repels beginners.
•Use of the ZeroPro and ZeroWeb software with professional functions $59 per month.
•Technical support is not around the clock or on weekends.
•Service priority is given to premium accounts.
3
Charles Schwab - Best for beginners in India
Charles Schwab is one of the largest financial services firms in the United States and globally. Founded in 1971, it is headquartered in Westlake, Texas. The company provides brokerage, banking, and financial advisory services. Clients can trade stocks, options, ETFs, bonds, mutual funds, futures, annuities, money market funds, and cryptocurrencies. There are no fees for opening or maintaining an account, and there is no minimum deposit requirement. Online commission for most trades in stocks, ETFs, options, bonds, and mutual funds is $0. Charles Schwab is regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) in the United States.
👍 Advantages of trading with Charles Schwab for traders from India:
•No minimum deposit requirement.
•Access to international stocks from 30+ countries through different investment approaches and instruments.
•Direct online access to trading on 12 foreign exchanges.
•Trading is available through desktop platforms, web-based solutions, and mobile apps.
•$0 commission for many trades in stocks, ETFs, options, mutual funds, and bonds.
•24/7 client support via online chat.
👎 Disadvantages of Charles Schwab for traders from India:
•No demo accounts.
•No access to the foreign exchange market.
•Withdrawals are processed only in U.S. dollars and are not converted into other currencies.
4
Zerodha - Best for beginners in India
The Zerodha brokerage company was registered in India on August 15, 2010, by professional trader Nitin Kamata. Its registration number is INZ000031633. This stockbroker allows you to trade securities and make short-term and long-term investments on the stock exchange. It is the number one stockbroker in India in terms of trading volume and the number of its clients. About 4 million traders place orders daily through zerodha.com investment platforms, which accounts for over 15% of India's total retail trade in this sector.
👍 Advantages of trading with Zerodha for traders from India:
•The existence of several proprietary trading platforms, including for mobile devices (iOS and Android), that are designed for both beginners and experienced traders.
•There is no minimum deposit requirement.
•According to customer reviews, the company offers the most transparent and understandable conditions: low commissions on real accounts, the possibility of intraday trading, access to the formation of your own mutual fund.
•The interface of all terminals and the broker's website are available in Hindi and English.
👎 Disadvantages of Zerodha for traders from India:
•You cannot trade on Forex through this broker.
•It does not provide an opportunity to work on MT4 and MT5.
•A fee is charged for opening and maintaining an account.
•Trading platforms periodically freeze and do not display trade statistics.
5
ETrade - Best for beginners in India
The Etrade broker is a subsidiary of Morgan Stanley, the financial conglomerate, which has been operating since 1982. Today, E*TRADE is the leading online platform for financial instruments trading on the world's major exchanges. It offers operations with stocks, options, futures, bonds, ETFs, as well as investments in mutual funds. The broker is a member of FINRA (CRD#: 29106/SEC#: 8-44112), SIPC, NFA (0401545), and the FDIC, and provides services according to its license with the SEC, the US Securities and Exchange Commission.
👍 Advantages of trading with ETrade for traders from India:
•Fully adaptable to e-commerce through its mobile applications.
•No commissions when working with stock options on American exchanges.
•Twenty-four/seven customer support via online chat.
👎 Disadvantages of ETrade for traders from India:
•The Forex market tools are not available for trading.
•Training is provided in English only,
•Leverage is limited and cannot exceed 50% of the trader's personal funds.
•You cannot open a demo account to test the broker's conditions.
•There is no support, the website is only in English.
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
Easy Equities Commissions and Fees
Traders Union analyzed Easy Equities trading and non-trading commissions and fees. Easy Equities does not charge non-trading fees (for funding the account, using the trading platform, account servicing). Trade execution fee is 0.25%, minimum commission is USD 0.01. Withdrawal fee depends on the base currency of the account. Specifically, traders who use ZAR as their base currency do not pay a withdrawal fee, while for international withdrawals in USD the fee is set by the bank.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
ZAR |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
USD |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
AUD |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
TFSA |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
RA |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
EasyProperties |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
TradeZero Commissions and Fees
All limit orders with a share value of $1 or more and a volume of up to 200 shares are commission-free. All other orders are subject to a commission of $0.005 per share. The cost of the option contract is $0.59, the OOS commission is $0.055, and the ORF fee is $0.0388 per contract. The commission for all deposits (except the first) is fixed at $25, and for all withdrawals, it is $50. Trades involving a broker are subject to a fee of $30. For paid software (ZeroPro and ZeroWeb), the company charges $59 each month.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
From $1 |
Yes |
|
Premium |
From $1 |
Yes |
Charles Schwab Commissions and Fees
There is no brokerage commission for stocks, ETFs, and options. These conditions do not apply to over-the-counter stocks, mutual funds with transaction fees, futures contracts, and trades executed directly on foreign exchanges or the Canadian market. Options trading is subject to a fixed commission of $0.65 per contract. If a trade is conducted through a broker rather than online, an additional service fee of $25 is charged, and $5 is charged when using an automated phone system.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
All account types |
$0 |
Bank commission |
Zerodha Commissions and Fees
A brokerage fee of 0.25% applies to all trades entered into cash-settled commodity contracts in the last two trading days. Regardless of the trading volume, the fixed fee for each trade is Rs 20. There is an account maintenance fee of 300 rupees + 18% tax per year for Demat accounts and 1000 rupees + 18% tax per year for corporate accounts. The one-time fee for opening an account is Rs 200.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Demat |
From $ 0.5 |
Yes |
ETrade Commissions and Fees
The broker's terms analysis for the direct and hidden commissions proved the following: the trading fee amount depends on the assets traded. There are also extra fees for certain types of contracts (index-type options). When working with securities of foreign exchange companies, a tax on financial transactions is collected. It is 0.12-0.3% of the total value of the transaction depending on the specific country. Moreover, the custody of depositary receipts for American shares involves a fee of $0.005 to $0.05 per unit. All information about fees is freely available on the E*TRADE website.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
E*TRADE |
from $1 |
There is a bank commission |
Summary
Many brokers are available for traders from India, but not all of them offer good conditions. In this review, TU experts chose the Best stock brokers for beginners in India 2026. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best Stock Brokers For Beginners in India
| Easy Equities | TradeZero | Charles Schwab | Zerodha | ETrade | |
|---|---|---|---|---|---|
|
Overall score |
3.91 |
3.78 |
7.59 |
5.57 |
6.25 |
|
Execution of orders |
5.44 |
4.79 |
8.3 |
7.6 |
8 |
|
Investment instruments |
5.9 |
5.4 |
8.9 |
8.2 |
8.6 |
|
Withdrawal speed |
5.5 |
4.9 |
8.7 |
6 |
8.4 |
|
Customer Support work |
5.8 |
5.2 |
8.5 |
7.8 |
8.2 |
|
Variety of instruments |
5.28 |
4.63 |
8.2 |
7.5 |
7.9 |
|
Trading platform |
6 |
5.4 |
9 |
5.5 |
8.7 |
|
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FAQ
Can you earn passive income in the financial markets?
Yes, the best brokers in India offer passive income options. These could include copy trading, PAMM accounts, managed portfolios, etc.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
Does the choice of a beginner differ from the choice of an experienced trader?
Yes. A novice trader should primarily consider the availability of educational tools and a demo account, as well as basic assets. A more experienced trader is interested in wider opportunities on advanced account types, a wider choice of instruments for technical analysis, and a greater number of trading instruments.
What factors are important when you are choosing a broker?
When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.
Best Stock Brokers For Beginners by Countries
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
