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 short selling in India 2026. You can compare their features and trading conditions.
1
SpeedTrader - Best for short selling in India
SpeedTrader is an online US based broker dealer that started operations in 1999. The broker is regulated by the Financial Industry Regulatory Authority (FINRA, CRD#: 107403/SEC#: 8-53035) and is a member of the Securities Investor Protection Corporation (SIPC). SpeedTrader provides online trading platforms that offer trading in US stocks, ETF’s, OTC stocks, and options for active traders. Key offerings include Direct Market Access (DMA) routing, short locate services for shorting stocks, and the ability to trade and receive shares of most OTC stocks. The company is headquartered in New York, USA.
👍 Advantages of trading with SpeedTrader for traders from India:
•25+ order routing choices including DMA.
•Vast short locate availability.
•OTC stock trading including Expert Market & Caveat Emptor.
•SIPC insurance coverage and FINRA membership.
•Availability of an affiliate program.
•Multiple trading platforms.
•Online chat for urgent issues.
•Support in English, Spanish and Chinese.
•Available to US and most International based traders
👎 Disadvantages of SpeedTrader for traders from India:
•The high minimum deposit for day trading (from $30,000) and ($2500) for non-day trading.
•Inability to trade cryptocurrency and Forex instruments.
•Time-limited free demo account of two weeks.
2
TradeZero International - Best for short selling in India
TradeZero International 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 (desktop), TZ1, ZeroFree (web), 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. Recognized by leading industry awards for short selling, active trading technology, and paper trading. TradeZero has been named Best Brokerage for Short Selling at the Benzinga Fintech Awards for six consecutive years (2020–2025), along with the Chairman’s Award for Excellence in Active Trading Software for TZ1 in 2025 and Best Paper Trading Platform in 2024. In 2026, TradeZero was also named Best Broker for Short Selling (MEA) at the UF Awards.
👍 Advantages of trading with TradeZero International 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 International 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.
•Technical support is not around the clock or on weekends.
•Service priority is given to premium accounts.
3
Revolut - Best for short selling in India
Revolut is a British fintech company that has been providing investors with accounts for trading precious metals, cryptocurrencies, and stocks listed on U.S. exchanges since 2015. The broker offers its clients access to investing in stocks and ETFs on European stock exchanges. For organizations and private clients, the company offers a multi-currency account with the possibility of exchanging currencies at the current inter-bank exchange rate. Revolut is supervised by the Financial Services Authority (FSA).
👍 Advantages of trading with Revolut for traders from India:
•In addition to stock trades, customers can trade cryptocurrencies and precious metals.
•The broker offers commission-free trading plans.
•The minimum number of shares to buy is 0.00000001.
•There are no minimum deposit requirements.
•Social trading is available, which allows newcomers to the stock market to copy trades of successful traders.
•Communication with the support service via chat is available in the mobile application 24 hours a day.
•There is no fee for opening and maintaining a trading account.
👎 Disadvantages of Revolut for traders from India:
•Stock trading is currently only available to UK residents.
•Operations in precious metals and cryptocurrencies are not regulated by supervisory authorities.
•The company does not offer fiduciary management of its investment portfolio.
4
TD Ameritrade - Best for short selling in India
TD Ameritrade (Charles Schwab) is an American broker that provides top-notch online services for trading and investing in securities on the OTC markets. The company was founded in 1975 under the name First Omaha Securities. It was reimagined as an online broker in 1998. TD Ameritrade (Charles Schwab) is a member of FINRA (CRD#: 7870/SEC#: 801-60469,8-23395 ) and SIPC and currently serves over 11 million client accounts. The broker offers simple pricing, high-tech trading platforms with professional analytics, and a wide range of markets and investment products. TD Ameritrade (Charles Schwab) was named Best Online Broker 2020 by StockBrokers.com and ranked first in the Platforms & Tools, Beginners, Education, and Customer Service categories.
👍 Advantages of trading with TD Ameritrade for traders from India:
•The broker's regulators are FINRA and SIPC, which guarantee the protection of client funds and their return in the event of TD Ameritrade's (Charles Schwab) bankruptcy or other default.
•Clients have open access to the securities market, OTC, derivatives trading, and legal work with Forex instruments.
•The broker offers a vast array of investment products for generating passive income.
•The company does not charge fees for trading in American and Canadian stocks, options, and ETFs.
•There are no requirements for the size of the minimum deposit on cash accounts.
•The broker offers high-tech author's terminals that work from desktop or mobile device.
👎 Disadvantages of TD Ameritrade for traders from India:
•A high entry threshold has been set for margin trading and investment in managed portfolios.
•The broker offers a limited selection of payment systems for deposits and withdrawals.
•There is no online chat on the company's website. It is available only in some versions of trading platforms.
5
SogoTrade - Best for short selling in India
SogoTrade is a US registered broker that has been operating since 1986. It offers a wide range of stock market assets, proprietary trading platforms with built-in analytics, and forecasting tools. The broker is a member of FINRA (CRD#: 17912/SEC#: 8-35930) and SIPC, and has offices in New York and Chesterfield (Missouri). The company's regional service center also serves customers from China, Taiwan, and Hong Kong. In 2020, the financial portal GOBankingRates named SogoTrade as the best online broker for day trading and for novice traders.
👍 Advantages of trading with SogoTrade for traders from India:
•FINRA and SIPC membership.
•A variety of investment products for generating passive income, including diversified portfolios of securities with different levels of risk and reward.
•The minimum deposit for the Cash Account starts at $0.
•A wide range of analytical tools such as stocks and options, screeners, P&L calculators, daily newsletters, third-party analyst ratings, reviews, and more.
•The existence of a proprietary platform for online options trading.
👎 Disadvantages of SogoTrade for traders from India:
•The broker withholds $2.88 for market trades in stocks, as well as a commission for each contract when trading options.
•There are no cash bonuses for opening an account or making a deposit.
•The minimum investment for working with investment portfolios is $25,000.
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.
SpeedTrader Commissions and Fees
The experts at Traders Union have analyzed SpeedTrader’s trading conditions to identify explicit and implicit fees. SpeedTrader offers two stock commission structures that traders can choose from. Either per share or per trade. Per Share ranges from $0.0025 to $.009 per share ($0.25 to $0.09 per 100 shares traded). Per Trade ranges from $4.49 to $2.49 per trade. The more active a trader is, the lower the rate they qualify for. In addition to commission, traders pay a routing fee that ranges from $0 to $0.0035 per share. Although, some ECN routes will pay traders a rebate of up to $0.003 per share when adding liquidity. A small regulatory fee is added to each sell transaction. Options trading ranges from $0.35 to $0.25 per contract with a $1 minimum. Monthly platform fees vary from $125 to $35 per month and can be waived or reduced based on monthly commissions generated. Basic level 1 market data starts at $15 per month. Wire transfer costs $30 for US and $75 for foreign. There is also a $30 inactivity fee charged quarterly for accounts that execute less than 15 trades per quarter. Below is a comparative table of the fees for trades in stocks from SpeedTrader and US brokers that offer similar trading instruments.
TradeZero International Commissions and Fees
$0 commission on non-marketable limit orders of 100 shares or more for NYSE, AMEX, and NASDAQ stocks priced above $1. Buy, sell, and short orders qualify. All other orders are subject to a commission of $0.005 per share, with a $0.49 minimum. Orders of fewer than 100 shares are charged a flat $0.49. $0 commission. $0.59 per contract. Cash-settled index options $0.49 flat. OCC $0.055. ORF up to $0.015. Exercise or assignment $35. The commission for all deposits: Equals $0; BMO $15 (waived on first deposit); wire/ACH. Withdrawals: $15 wire. Trades involving a broker are subject to a fee of $30. For paid software (ZeroPro), the company charges $59 each month. Inactivity $0. Margin interest 9%. Reorgs $35. Risk sellout $30.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
Yes |
|
|
Premium |
Yes |
Revolut Commissions and Fees
During our analysis of trading conditions, it was found that Revolut limits the number of trades without commissions. Depending on the account type, 1-5 transactions per month are free. There is a monthly subscription fee of £2.99-£12.99 on different accounts, which can be reduced by 20% if you pay in advance for a year. The broker charges a fee of 1 USD for additional orders. Since stocks listed on American exchanges are offered for investment, the fees are calculated in USD and then the funds are converted to the account currency at the current exchange rate. For transactions in cryptocurrency, the commission is 1.5-2%, and for transactions in precious metals, it’s 0.5-1.5% of the transaction volume. The amount of interest depends on the selected trading account. No additional hidden commissions were revealed.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
From £2.99 |
No |
|
Plus |
From £2.99 |
No |
|
Premium |
From £2.99 |
No |
|
Metals |
From £2.99 |
No |
TD Ameritrade Commissions and Fees
Regardless of the account balance and the number of securities purchased, Ameritrade does not deduct fees from clients for trading in US stocks, domestic and Canadian ETFs, and options. Options trading is charged a fee of $0.65 per contract. Futures and options futures carry a commission of $2.25 per contract (plus exchange and regulatory fees). OTC trades that include non-US stocks are subject to a $6.95 fee. TD Ameritrade (Charles Schwab) does not charge a fee to open an account, platform provision, market data supply, inactivity, deposit, or the withdrawal of funds.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standart |
From $1.65 |
No |
SogoTrade Commissions and Fees
The Traders Union analysts have examined the trading conditions of SogoTrade for explicit and implicit fees. Fees for shares and ETFs: for limit orders and qualified limit orders for an odd lot is $0; and for market orders and unqualified orders for odd lots, it is $2.88. Options commission: $0, contract fee - 50 cents. Brokerage commission: for stocks, ETFs and mutual funds - $25; and finally, for options - $25 + $0.5 for each contract. SogoTrade does not charge a fee for opening an account and making a deposit but withholds a fee for withdrawing funds by bank transfer and cheque by mail.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Cash Account |
From $25 |
Yes |
|
Margin Account |
From $25 |
Yes |
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 short selling 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 Short Selling in India
| SpeedTrader | TradeZero International | Revolut | TD Ameritrade | SogoTrade | |
|---|---|---|---|---|---|
|
Overall score |
9.2 |
7.51 |
9.61 |
5.47 |
4.89 |
|
Execution of orders |
6.84 |
4.79 |
9.2 |
7.8 |
7.34 |
|
Investment instruments |
9.2 |
5.4 |
9.8 |
8.4 |
7.8 |
|
Withdrawal speed |
8.2 |
4.9 |
9.6 |
8.2 |
7.4 |
|
Customer Support work |
7.2 |
5.2 |
9.4 |
8 |
7.7 |
|
Variety of instruments |
6.68 |
4.63 |
9.1 |
7.7 |
7.18 |
|
Trading platform |
7.4 |
5.4 |
9.9 |
8.5 |
7.9 |
|
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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.
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.
Why is a license important for a broker?
License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.
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.
Best Stock Brokers For Short Selling 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.
