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
Phillip Capital - Best for beginners in India
Phillip Capital is a broker of PhillipCapital Inc Group, founded in Singapore in 1975. The PhillipCapital subsidiary was established in 2010. Its main office is located in the United States in the Chicago Chamber of Commerce building. Since July 2014, the broker has been regulated by the US Commodity Futures Trading Commission (CFTC) and is also registered with the FINRA (CRD#: 173869/SEC#: 8-69558), SIPC, and the OCC. PhillipCapital provides direct access to the stock market and offers over 2,000 instruments for trading on 30 exchanges in 16 countries. The company also provides a wide range of clearing, financial, and executive services.
👍 Advantages of trading with Phillip Capital for traders from India:
•No brokerage fees for trading stock market assets.
•Providing access to major American and global exchanges, including CME, EUREX, CBOT, DME, IEX, COMEX, NYMEX, NFX, ICE US, CFE (CBOE), and ICE EU.
•Uses proprietary software.
•Membership in all Asian futures exchanges, which allows traders to expand the list of available trading tools.
•Large selection of supported trading platforms.
•Regulated by CFTC and SEC, membership in FINRA and SIPC.
👎 Disadvantages of Phillip Capital for traders from India:
•High minimum deposit amount of $5,000.
•Technical support is provided by phone, fax, or email; there is no online chat.
•It does not cooperate with electronic payment systems and charges a commission for withdrawing funds from accounts.
5
Ninjatrader - Best for beginners in India
Ninja Trader is a Forex broker that has been providing brokerage services in the derivatives and foreign exchange markets since 2003. The main specialization of the company is in the futures and futures options markets. The broker is a licensed company with domicile in the United States. Ninja Trader also has offices in Germany and the Netherlands, but these are more representative functions.
👍 Advantages of trading with Ninjatrader for traders from India:
•availability of algorithmic trading using proprietary systems; there are more than 850;
•proprietary trading platform, which is one of the best products for trading in the derivatives markets (like MetaTrader 4 for Forex).
👎 Disadvantages of Ninjatrader for traders from India:
•high trading costs. In addition to the commission for the contract, there are exchange and regulatory fees, a fee to the trade provider (intermediary broker);
•the initial deposit is from USD 400. But that amount has nothing to do with fees associated with the US stock market;
•the broker is tailored exclusively for the US futures and options markets;
•a deep understanding of the principles of the derivatives market and the rules for working with exchanges is required;
•chat and phones contacts are missing;
•there are cases of neglect of client risks. Ninja Trader was fined in 2014 by its regulator for irregularities under its rules.
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 |
Phillip Capital Commissions and Fees
The Traders Union’s specialists studied the PhillipCapital trading conditions to determine the commissions charged by the broker. The company charges a $40-100 monthly subscription fee for using the trading platforms. There is no brokerage commission. The exchange fees are paid by PhillipCapital from the funds received from the monthly rent for using the trading platform. Deposits are free, but wire transfer withdrawals cost $25, not including bank fees. There is a $4 fee for withdrawals by bank check and an NFA fee of $0.02 per lot each way applies to all US exchanges. There is also a CME fee for NYSE/LIFFE and CFE transactions of $0.03 per lot in each direction.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Individual |
from $0.03 |
Yes |
|
Joint |
from $0.03 |
Yes |
|
Corporate |
from $0.03 |
Yes |
|
LCC |
from $0.03 |
Yes |
|
LLP |
from $0.03 |
Yes |
|
Trust |
from $0.03 |
Yes |
|
IRA |
from $0.03 |
Yes |
|
Pension Plan |
from $0.03 |
Yes |
|
Discretionary |
from $0.03 |
Yes |
Ninjatrader Commissions and Fees
Experts at Traders Union have analyzed NinjaTrader conditions for explicit and implicit fees. There are no hidden fees. Since the broker is an intermediary on the US and European stock exchanges, it is not responsible for the level of the spread and there is no data on the site. There are additional commissions of exchanges, banks, partners, and brokers-partners.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Futures |
$50 for ‘mini’ contracts |
Yes |
|
Options |
From $0,59 |
No |
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 | Phillip Capital | Ninjatrader | |
|---|---|---|---|---|---|
|
Overall score |
3.91 |
3.78 |
7.59 |
4.93 |
7.33 |
|
Execution of orders |
5.44 |
4.79 |
8.3 |
7.19 |
8.1 |
|
Investment instruments |
5.9 |
5.4 |
8.9 |
7.6 |
8.7 |
|
Withdrawal speed |
5.5 |
4.9 |
8.7 |
7.3 |
8.5 |
|
Customer Support work |
5.8 |
5.2 |
8.5 |
7.6 |
8.3 |
|
Variety of instruments |
5.28 |
4.63 |
8.2 |
7.03 |
8 |
|
Trading platform |
6 |
5.4 |
9 |
7.8 |
8.8 |
|
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FAQ
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.
What is a demo account and why is it important?
On a demo account, you trade by using virtual funds. It is important to choose a broker offering a demo account both for beginners, who are only learning, and for experienced traders, who can use this account type to test new strategies or EAs risk-free.
Is it possible to work with offshore brokers?
It is best not to work with offshore brokers. However, if you have chosen such a company, you need to check and analyze it very thoroughly. There are offshore brokers with good reputations. Before you start working with such a company, deposit the minimum amount and start trading. Once you’ve worked with the broker for a little while and checked how it operates and how quickly it processes withdrawals, you can start depositing higher amounts.
What are the risks of trading in the financial markets?
Any trading in the financial markets carries risks of losing your money due to asset volatility. Therefore, it is important to develop the rules of risk management in your strategy and strictly follow them.
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.
