Best Stock Broker in India 2024 – List of Top 10 Stock Brokers

What is a Stock Broker?

A stock broker or a stock broking firm can be defined as a registered representative of the stock market who promotes the buying and selling of stocks on behalf of retail investors, institutions, and others. A stockbroker is also known as a registered representative or a broker. The buying and selling of stocks are typically done through a stockbroker.

Stock brokers manage the buying and selling of stocks for retail and institutional clients. The first and foremost responsibility of a stockbroker is to get buy and sell orders and execute them. A number of market contributors rely on stockbrokers’ knowledge and expertise with respect to market dynamics to invest in stocks. A stockbroker can work either separately or with a brokerage house. More often, brokerage firms are also known as stockbrokers.

Types of Stock Brokers

There are two types of stock brokers in India – 

1. Full-service Stock Brokers

A full-service broker (also known as a conventional broker) offers a wide range of services to its clients including market research & advisory, stock investment, and portfolio management. Contrary to online discount brokers, full-service brokerage houses provide their services in both online and offline modes.

Top 5 Full-service Stock Brokers in India

1ICICI Direct3-in-1 account opening, 0 brokerage on equity futures, VTC feature8.9/10
2Angel BrokingMargin trading feature, Flat brokerage of Rs. 20, Free research & advisory9.6/10
3IIFL SecuritiesDiverse range of investment options8.0/10
4Kotak Securities3-in-1 account opening, Free research & advisory services8.7/10
5HDFC SecuritiesOne of the most reliable names in the segment8.5/10

2. Discount Stock Brokers

A discount broker enables reasonably priced stock trading, online account management, market research, and tutorials. It is primarily meant for those stock investors who keep track of their investments on their own. That is why it is necessary to find out best stock broker in India to invest money.

Top 5 Discount Stock Brokers in India

1ZerodhaZero brokerage for equity delivery and Mutual funds9.8/10
2Upstox0 cost account opening, Availability of multiple performance indicators9.0/10
3GrowwZero commission mutual funds, 0 brokerage on equity delivery9.4/10
4m.StockZero brokerage across Delivery, Intraday, and F&O trading9.5/10
55paisaDiverse Investment Options,Offers competitive brokerage charges8.5/10

The first and foremost task of a stockbroker is to as an intermediary between the investors and the stock market. A stockbroker can be an individual or a firm and plays a substantial role in establishing a fruitful and sustainable association between both parties. Since investing in stocks involves a complex mechanism, these stockbrokers make things simple in several ways. So you want to find the best stock broker in India so that you can get a huge return from it.

In recent times, there has been a sharp inclination towards stock investments in India, particularly after the COVID pandemic with the presence of 15 crore Demat account holders till November 2023. This figure stood at 9.4 crore in 2023. The reasons are obvious – better returns on investment, a simple investment process, fast liquidity, and a plethora of options to choose from. Besides, a major credit goes to various stock brokers in India who play a crucial role in the buying and selling of stocks.

If you are looking forward to investing in the burgeoning Indian stock market, you just need to choose from the best stock brokers in India that are known to deliver optimum value to investors in both the short and long run. In the following section of this page, we have highlighted the top 10 stock brokers in India who are known to give a seamless trading experience to stock investors. there is a list of the top 10 stock brokers in India.

List of Top 10 Best Stock Brokers in India 2024

Below are the top 10 stock brokers in India with their respective client bases and performance ratings. We will explain each one of them subsequently.

1.ZerodhaZero brokerage for equity delivery and Mutual funds9.8/10
2.Angel OneMargin trading feature, Flat brokerage of Rs. 20, Free research & advisory9.6/10
3.m.StockZero brokerage across Delivery, Intraday, and F&O trading9.5/10
4.GrowwZero commission mutual funds, 0 brokerage on equity delivery9.4/10
5.Upstox0 cost account opening, Availability of multiple performance indicators9.0/10
6.ICICI Direct3-in-1 account opening, 0 brokerage on equity futures, VTC feature8.9/10
7.Kotak Securities3-in-1 account opening, Free research & advisory services8.7/10
8.HDFC SecuritiesOne of the most reliable names in the segment8.5/10
9.EdelweissRs 10 Per Order8.0/10
10.SharekhanMultiple brokerage brackets, Zero cost fund transfer, Insightful educational content8.0/10


Zerodha, which charges a brokerage fee of Rs. 20 per order (or 0.03%) for trading intraday stocks, equity derivatives, commodities, and currencies, is counted among Zerodha as the most affordable stock brokers in India. There is no brokerage cost for the delivery of stocks.

Zerodha comes out on top when rating the finest discount brokers in India with the lowest brokerage costs. In actuality, Zerodha is one of the brokers that popularized the concept of discount broking by introducing the flat-fee Rs. 20 brokerage model in India. In addition to having the lowest brokerage costs in India, the stockbroker is recognized for its speedy and user-friendly Kite trading platform, which can be used from both web browsers and mobile phones. It is at first no on our list of best stock brokers in India. it is also on the list of the 1 broker in India.


EQUITY INTRADAYFlat Rs 20 or 0.03% (whichever is lower) per traded order
EQUITY FUTUREFlat Rs 20 or 0.03% (whichever is lower) per traded order
EQUITY OPTIONSFlat Rs 20 per executed order (on Turnover)
CURRENCY FUTURESFlat Rs 20 or 0.03% (whichever is lower) per traded order
CURRENCY OPTIONSFlat Rs 20 or 0.03% (whichever is lower) per trader order
COMMODITYFlat Rs 20 or 0.03% (whichever is lower) per trader order
MUTUAL FUNDRs 0 (No Limit on Direct MF)




Mirae Asset, a startup financial services company, offers an investment platform called m.Stock. Investors have access to a variety of trading and investing alternatives through the stockbroker. The most notable feature of m.stock is that it has the lowest brokerage fees in India. A zero-brokerage and zero-commission pricing methodology is used by the stockbroker.
On intraday, delivery, and F&O trades, m.Stock charges no brokerage fees.


Equity999 Brokerage Plan149 Brokerage Plan
Equity DeliveryZeroZero
Equity IntradayZero₹20 per trade
Equity FuturesZero₹20 per trade
Equity OptionsZero₹20 per trade
Currency FuturesZero₹20 per trade
Currency OptionsZero₹20 per trade
Commodity FuturesZero₹20 per trade
Commodity OptionsZero₹20 per trade


Experience9.5 / 10
Trading Platform8.8 / 10
Product & Services8.3 / 10
Brokerage Charges9.0 / 10
Research8.9 / 10
Overall Rating9.5 / 10
Star Rating★★★★★
Customer Reviews5472


Groww levies a fixed brokerage of either Rs 20 or 0.05% for each trade. The brokerage charge for each order is restricted at Rs 20 regardless of size or cost. Groww offers no-cost mutual fund services, such as no charges for buying or redeeming mutual funds. Groww also is a great platform so this is best broking firm in India.

Initially commenced its operations for mutual funds investment only, Groww has come a long way by offering a wide range of stock investment and trading services to all types of investors. The best stock broking firm in India also offers insightful educational content to investors looking to leverage their stock investments.

Groww is powered by Nextbillion Technology Private Limited, a SEBI-registered member.


Trading CategoryBrokerage
Equity DeliveryRs 20 per trade (or 0.05% whichever is lower)
Equity IntradayRs 20 per trade (or 0.05% whichever is lower)
Equity F&ORs 20 per trade


Research & Advisory9.5 / 10
Brokerage Charges & Fees9.0 / 10
Product & Services9.5 / 10
Trading Platform9.6 / 10
Brocking Experience9.4/ 10
Overall Rating9.2/10
Customer Rating★★★★★


For stock delivery, Upstox charges Rs 20 (or 0.1% of each order, whichever is smaller) in brokerage costs. For intraday Equity trading, there is a set charge of Rs. 20 per successfully executed order, or 0.05% (whichever is lesser).

Upstox, a significant discount broker in India, was formerly known as RKSC Securities. Since it first began in 2009, the best broking firm in India has come a long way by offering investors and traders the best of everything, including a cutting-edge trading platform, inexpensive brokerage, dependable customer support, and others.

Upstox is an active participant in BSE, NSE, MCX, and MCX-SX exchanges is Upstox. It is renowned for having reasonable brokerage charges.


Trade SegmentBrokerage
Equity DeliveryRs 20 per executed order or 2.5% (whichever is lower)
Equity IntradayRs 20 per executed order or 2.5% (whichever is lower)
Equity FuturesRs 20 per executed order or 2.5% (whichever is lower)
Equity OptionsFlat Rs. 20 per order
Currency FuturesRs 20 per executed order or 2.5% (whichever is lower)
Currency OptionsFlat Rs. 20 per order
Commodity FuturesRs 20 per executed order or 2.5% (whichever is lower)
Commodity OptionsFlat Rs. 20 per order


Research & Advisory9.0 / 10
Brokerage Charges & Fees9.5 / 10
Product & Services9.5 / 10
Trading Platform9.0 / 10
Broking Experience9.7/ 10
Overall Rating8.18/10
Customer Rating★★★★★

ICICI Direct

ICICI Direct earns the title of finest broker because of its wide range of trading and investment products, Rs. 20 NEO flat discount brokerage plan, trustworthy research and counseling, and cutting-edge technological platforms including the potent Trade Racer terminal and mobile trading applications.

ICICI Direct is counted among the best full-service stock brokers in India with more than 30 lakh active customers.

The Best broker in India is ICICI Direct. It is also a division of famous retail trading and investing service provider ICICI Securities. It offers a broad variety of trading and investing products, such as loans against securities, commodities, currencies, equity derivatives, mutual funds, fixed deposits, and loans against securities.


Equity Delivery0.55%
Equity IntradayRs 20 per executed order
Equity FutureRs 0 (Free)
Equity OptionsRs 20 per executed order
Currency F&ORs 20 per executed order
Commodity F&ORs 20 per executed order
NCDs / Bonds0.75%


Experience9.8 / 10
Trading Platform9.0 / 10
Product & Services9.2 / 10
Brokerage Charges8.5 / 10
Research8.9 / 10
Overall Rating9.5 / 10
Star Rating★★★★★
Customer Reviews5623

Kotak Securities

The Trade Free Plan, Trade Free Max Plan, and No Brokerage Plan are all offered by Kotak Securities. Intraday broking is entirely free under all three plans. For equities delivery, the brokerage cost is 0.25 percent, or 20 rupees (whichever is higher).

The lowest brokerage fees in India are offered by Kotak Securities, which costs just Rs. 20 per order for trading in futures and options and 0% commission for intraday trading.

Being a member of Kotak Mahindra Bank, one of India’s most prominent banking groups, Kotak Securities offers straightforward and quick investment options in mutual funds, commodities, and equities. In addition to insurance, market research, depository services, and portfolio management services (PMS), Kotak Securities full-service stockbroker offers a wide range of other services.


Monthly Fee (Standard)
Equity Delivery0.25% (Minimum Rs 20 per trade)
Equity IntradayFree
Equity FuturesDelivery: Rs 20 per trade | Intraday: Free
Equity OptionsDelivery: Rs 20 per trade | Intraday: Free
Currency FuturesDelivery: Rs 20 per trade | Intraday: Free
Currency OptionsDelivery: Rs 20 per trade | Intraday: Free
Commodity FuturesDelivery: Rs 20 per trade | Intraday: Free
Commodity OptionsDelivery: Rs 20 per trade | Intraday: Free


Research & Advisory9.0 / 10
Brokerage Charges & Fees8.5/ 10
Product & Services8.6 / 10
Trading Platform8.9 / 10
Brocking Experience8.0/ 10
Overall Rating8.0/ 10
Customer Reviews★★★★

HDFC Securities

The lowest brokerage charged by HDFC Securities is Rs 20 per transaction for orders in derivatives and 0.10% per order in the case of equity delivery. A 3-in-1 account from HDFC Securities includes a trading, a savings bank, and a demat account.

An affiliate of the Indian private sector bank HDFC Bank, HDFC Securities Limited is a provider of financial services. Founded in 2000, HDFC Securities has offices in all of India’s major cities and villages. Its headquarters are in Mumbai.

In addition to offering stock brokerage services in India, HDFC Securities also serves as a distributor of financial goods. HDFC Bank purchased HDFC Ltd.’s interest in 2006, then in 2008 it acquired an additional 4% from Indocean eSecurities. At present, HDFC Bank is a primary company of HDFC Securities.


EQUITY OPTIONS₹100 per lot or 1% of the premium (whichever is high)
CURRENCY FUTURES₹23 per contract
CURRENCY OPTIONS₹20 per contract
COMMODITY FUTURES0.02% for Intraday/ 0.025% for Positional




The typical brokerage charge for all categories under the Nuvama Lite Plan is Rs. 10 per executed transaction. This strategy is a fantastic option for investors who wish to trade independently without needing the broker’s complete help. This plan excludes relationship manager services, and value-added services are also billed individually based on usage. Edelweiss biggest stock trader in India.

Nuvama Wealth & Investment Limited, formerly Edelweiss Broking Limited, was founded in 2008 and is a Mumbai-based full-service stockbroking business. The stockbroker enables investors and traders to trade and invest in all significant asset classes, including equity, debt, mutual funds, initial public offerings (IPOs), currency derivatives, commodities, and futures and options.


EQUITY DELIVERYRs 10 per executed order
EQUITY INTRADAYRs 10 per executed order
EQUITY FUTURESRs 10 per executed order
EQUITY OPTIONSRs 10 per executed order
CURRENCY FUTURESRs 10 per executed order
CURRENCY OPTIONSRs 10 per executed order


Experience9.0 / 10
Trading Platform8.6 / 10
Product & Services8.8 / 10
Brokerage Charges9.5 / 10
Research8.5 / 10
Overall Rating9.61 / 10
Star Rating★★★★★
Customer Reviews3486


Sharekhan levies the minimum brokerage of 5 paise per share for intraday trading. If the share price of your trade is Rs 50 or less, a minimum brokerage of 5 paise per share will be applicable. In the case of delivery-based trading, Sharekhan charges a minimum brokerage fee of 10 paise per share.

Sharekhan is considered among the top full-service stockbrokers in India. The BSE, NSE, MCX, and NCDEX’s equity cash and derivatives markets are serviced by the Mumbai-based trading platform Sharekhan. It also facilitates the exchange of products. Sharekhan also offers depository services, IPO investments, and mutual fund investments. Sharekhan’s cheaper brokerage option trading is a fantastic service. That’s why it is on the list of top stock brokers in India.

Sharekhan was set up in 2000. The most exciting product offered by Sharekhan is “Pattern Finder”. It finds any trade chances by examining the chart patterns and screen flashes.




RESEARCH8.5 / 10

Top Stock Brokers in India with Lowest Brokerage Charges

The most important consideration while choosing the finest stock broker in India is without a doubt – BROKERAGE. Brokerage refers to the amount one pays to avail the services of a broker. Discount stockbrokers take the lead in this situation. Discount stockbrokers are an option if you only need simple buying and selling of stocks and don’t need comprehensive services.


1.m.StockZero brokerage across all trading categories (999 Plan)
2.Kotak SecuritiesFlat Rs. 20 brokerages for future & options trading
3.ZerodhaRs. 20 brokerage for intraday trading
4.EdelweissFlat Rs. 10 brokerage across all segments
5.5PaisaRs. 10 per trade order under Ultra Trader Pack
6.Angel One0 brokerage for equity delivery
7.Motilal Oswal0.02% for intraday equity trading and equity futures
8.UpstoxRs 20 (or 0.1% of each transaction) brokerage
9.Sharekhan0.5% for share delivery and 0.10% for equity intraday
10.SBI Securities0.50% for equity delivery and intraday

The rule is straightforward: the lesser the profit, the greater the brokerage. Therefore, it makes sense to contrast a stockbroker’s services with its brokerage. If the findings seem reasonable to you, you can decide to work with the stockbroker.

It is clear from the preceding table that m.Stock from Mirae Assets is at the top of the list for having zero brokerage in all trading sectors. Kotak Securities follows suit and charges a brokerage fee of 20 rupees.
Best Stock brokers in India with Advanced Trading Platforms

Best Stock Brokers in India with Advanced Trading Platforms

An online trading system known as a trading platform uses computer software to carry out deals in a networked setting. Depending on the financial intermediary, trading platforms can be used for nothing or at a discounted price.

A platform that has a responsive user interface is a good choice for most traders and investors. They can make significant market investments and move quickly when a trend reversal is likely.

Even in spite of their higher charges, certain share brokers in India are attracting successful clients simply because of the awesome performance of their mobile trading features & applications.

Some of the finest examples include Zerodha, Groww, Angel One, Upstox, and ICICI Direct. According to experts, it is advisable to choose the best stock broker in India that has the most features.

These platforms are well-known for their top-notch trading services. Traders enjoy Groww because of its app’s simplicity.

The Groww App’s user-friendly features are the icing on the cake. On the other hand, Zerodha Kite App and Angel One App stand out as the traders’ top choices.

However, it appears that these two brokers are in direct competition with one another. Positive feedback has been received for Zerodha and Angel One’s mobile trading apps.

3.Angel One9.25
6.Kotak Securities8.96
8.Motilal Oswal8.65
9.HDFC Securities8.54

Best Stock Brokers in India with Next-gen Research & Advisory Services

The stock market has an extremely complex and sophisticated mechanism. It may appear straightforward to buy and sell stocks, but the process is actually more difficult. To be successful, you must base your trading decisions on sound research and strategy each time you buy or sell a company’s stocks.

The best research and advising services should be offered by the stockbroker you choose, since doing so will enable you to select the most lucrative stocks for your investments. Additionally, it will provide complete market research and data retrieval for speedy and wise decision-making.

Having a stockbroker with best-in-class research & advising services is always a bonus, whether you are an active trader or investor since you can dig deep into the stock market to provide insightful data.

The best stock brokers in India with outstanding research & advising services are included in the following table.

3.Angel One
6.Kotak Securities
8.Motilal Oswa
9.HDFC Securities

Best Stock Brokers in India with Highest No. of Active Clients

The number of active clients a stockbroker has is another factor to gauge their popularity and performance. Most people hold the opinion that a stockbroker with the greatest number of active methods is a certain sign that the broker is very well-liked by traders and investors.

With the most active clientele, Zerodha is the finest brokerage in India. Groww, which surpassed Upstox by attracting more active clients than its rival, is in second place.

4.Angel One5,098,824
5.ICICI Direct3,874,350
6.Kotak Securities1,057,717
7.HDFC Securities1,013,329
8.Motilal Oswal917,886
10.IIFL Securities750,917

Factors That Affect The Selection of No.1 Broker in India

If you are looking for a stock market broker in India or a broker with the lowest brokerage charges, it is necessary for you to be aware of the factors that can help you choose the best brokerage firm in India. Let’s look at these factors below.

Past performance of the broker

Conduct thorough background research on the brokerage business before selecting the best stock broker in India. Examine customer feedback and reviews, and look into the company’s background, costs, and reputation. Making sure you have selected the finest stock broker requires thorough research into even the smallest details.

Trading Platforms

The Best Stock Broker in India would provide a trading platform or software to enable stock trading online. It means that the platform you’re utilizing ought to be simple to use, reliable, and quick. It is strongly advised that you first request a platform demo from the broker in order to receive the essential assistance for effectively using the program.

Customer Service

A broker that offers exceptional customer care has an advantage over the competition and is regarded as one of the best brokers in India. Customers frequently pick brokers who answer their queries quickly. As a result, make sure the broker you select as the finest share broker in India is quickly accessible to give you the greatest service.


In the unlikely case of a trading loss, proper regulation helps to guarantee that the forex broker is not unfairly taken advantage of. Additionally, it guarantees that your money and data are protected and that the broker adheres to industry standards. It is recommended that you select the top stock broker in India with a spotless regulatory history.

Trading Education

The instructional resources and trading tools offered by the broker are a crucial consideration when picking the top brokerage business in India. The vast majority of trustworthy internet brokers often provide free instructional resources, including videos, articles, webinars, e-courses, and seminars.

Top 10 Broker List Client-Wise

According to the latest reports, the top stockbrokers with the highest no. of active clients are:

2.Angel One43,81,951
3.Kotak Securities42,88,171
7.ICICI Direct25,56,857
9.HDFC Securities10,63,911

Top Stock Broker Best App Wise Rating – Add Ratings from Play Store

Since the ratings bagged by stockbrokers indicate much about its popularity, here is the list of top stock brokers in India with their ratings on the Google Play Store.

1.Upstox Pro4.4/5
3.Angel One4.3/5
6.HDFC Securities4.3/5
7.Kite by Zerodha4.2/5
8.Kotak Securities4.1/5
10.Motilal Oswal3.6/5

Top 5 Stock Brokers with Fixed Monthly Brokerage

Here are the top 5 stock brokers in India that levy a fixed monthly brokerage.

Rs. 999 and Rs.149 Plan
2.ProStocksRs. 899/month for equity cash & FNO, Rs. 499/ month for currency FNO
3.SAS OnlineRs 999 Equity Plan, Rs 999 MCX Plam Flat fee Plan
4.HDFC Securities199,299,1999 & more.
5.Wisdom Capital FreedomFreedom 999/Month

FAQs about Best Stock Broker

1. Who are stock brokers?

Ans. Stock brokers are individuals or firms that are entitled to buy, and sell securities on behalf of their clients in exchange for a fee or commission. They are market agents who link the buyers to the sellers in a stock exchange.

2. What does a stock broker do?

Ans. Stockbrokers are mainly the middlemen. Stocks are bought and sold through stock exchanges such as the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), and a majority of individuals who wish to trade stocks depend on brokers to perform trading on their behalf.

3. Who are the best stock brokers in India?

Ans. Though every stock broker in India claims to be the best, it is entirely up to an investor to choose which one he or she finds the best. The brokerage levied by the stock broker should be reasonable. The best stock broker in India or stock broking firm in India must have advanced trading platforms.

4. What are the properties of the best stock broker in India?

Ans. The best stock brokers in India provide strong, insightful, and value-based stock research and advisory services to their clients. This plays a crucial role in establishing a long-term association between them and their clients. The best stock brokers always endeavor to provide exceptional customer service.

5. Who are the top 10 brokers listed brokerage charge-wise?

Ans. The top 10 stock brokers in India with the lowest brokerage charges are:

1) m.Stock
2) Kotak Securities
3) Zerodha
4) Edelweiss
5) 5Paisa
6) Angel One
7) Motilal Oswal
8) Upstox
9) Sharekhan
10) SBI Securities

6. What happens if the broker goes bust?

Ans. In India, realistically speaking, nothing happens to your stocks and shares if your stock market broker fails. The stockbroking sector complies with SEBI norms and requirements quite effectively. Just be sure you file your claim for reimbursement on time. To be eligible for compensation, your claim must be submitted within three years.

7. How stock broker safe?

Ans. A significant admission fee must be paid, severe disclosures are required at SEBI’s discretion, and there are ongoing audits and inspections for stockbrokers. If the funds in a stockbroker’s trading account are not utilized for three months, they cannot be used again. Without your prior approval, your stockbroker cannot perform transactions on your Demat account.

8. Is it safe to trade?

Ans. It is completely safe to trade in stocks through a stockbroker. This is because the bought stocks are kept electronically in one of the two depositories – CDSL and NSDL. Stockbrokers are required by SEBI to keep client monies in a separate client pool account. The stockbroker may only use this money to execute client transactions and investments.

9. How Trading is safe?

Ans. Similar to how the DICGC ensures the security of your bank deposits, the Investor Protection Fund (up to Rs. 25 lacs) ensures the security of your money held with your stockbroker in the event that your bank has financial difficulties. You have three years to submit a claim for compensation if your stockbroker fails to pay you.

10. How can we trust a broker?

Ans. If you plan to invest your money, you should confirm the legitimacy of the broker, brokerage house, or financial counselor you are thinking about using. Thus, homework is required. In addition to the large number of con artists around the globe, many stockbrokers engage in dishonest practices. Online reviews may provide you with details about the broker.

11. Are Stock brokers trustworthy?

Ans. Yes if you try these steps you can know about that, Simply conduct a search for the broker’s or company’s name to check if any reviews are available.

12. How many trading accounts a person can open?

Ans. In India, you are allowed to have as many Demat accounts as you do bank accounts. There is no restriction on the number of Demat accounts you may link to a PAN; you just link your PAN with each one.

13. How to choose the best stock broker in India?

Ans. Before entrusting the stockbroker with your life assets, it is crucial to conduct a complete background check on them. Ask the stockbroker relevant questions such as how long it has been in business, how it has fared in the past, what its clients think of the company, and any other pertinent queries. The person will be able to learn more about the broker thanks to this.

14. How to find the best stock broker in India?

Ans. It is essential to select a broker that regularly offers their clients a solid and dependable platform. It is crucial to find out the minimum amount that investors must have in their stockbroking accounts. For an investor, it is necessary to choose the no.1 broker in India that provides the optimum value to investors against the levied brokerage.