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10 Zero brokerage trading app for options trading in India
from Best Binary Options
10 Zero brokerage trading app for options trading in India: Zerodha, Upstox, Groww, Angel One...
Best Binary Options
Options trading has witnessed a significant surge in popularity among retail investors in India. With the advent of technology and the rise of fintech platforms, trading has become more accessible, affordable, and user-friendly. One major innovation that has taken the financial market by storm is the concept of zero-brokerage trading apps. These apps allow traders to execute trades without paying hefty commissions, making options trading more cost-effective and appealing. Here, we delve into the top 10 zero-brokerage trading apps for options trading in India, exploring their features, benefits, and why they stand out in 2025.
Best Binary Options Brokers in India
1. Zerodha
Zerodha, India’s largest retail stockbroker, is a pioneer in the discount broking space. Known for its intuitive platform and customer-centric approach, Zerodha offers zero brokerage on equity delivery trades and a flat fee of ₹20 for options trades.
Key Features:
Kite Platform: Sleek, fast, and user-friendly trading interface.
Advanced Charting Tools: Over 100 indicators for technical analysis.
Educational Resources: The Varsity module helps beginners understand trading strategies.
Margin Trading: Competitive margin facilities for options traders.
Why It Stands Out: Zerodha’s extensive ecosystem, including Coin (mutual funds) and Smallcase (thematic investing), adds value to users beyond trading.
2. Upstox
Upstox is another leading discount broker offering zero brokerage on delivery trades and competitive flat rates for options trading. Its robust technology and seamless interface cater to both beginners and advanced traders.
Key Features:
Pro Web and Mobile App: Customizable trading platforms for diverse needs.
Real-Time Market Data: Access to NSE, BSE, and MCX data streams.
Smart Orders: Advanced order types like bracket orders and cover orders.
Paperless Account Opening: Simplified and quick onboarding process.
Why It Stands Out: Upstox's focus on affordability and technology makes it a favorite among young traders.
3. Groww
Groww started as a mutual fund platform but has quickly evolved into a full-fledged stockbroker. It offers zero brokerage on equity delivery and highly competitive rates for options trading, making it a great choice for cost-conscious traders.
Key Features:
Simplified Interface: Designed for novice traders.
Educational Content: In-app tutorials and webinars for better trading decisions.
Direct Mutual Fund Investments: Diversification options alongside trading.
Secure Transactions: 128-bit encryption ensures data safety.
Why It Stands Out: Groww's user-friendly platform is perfect for beginners stepping into options trading.
4. Angel One
Formerly Angel Broking, Angel One has revamped its services to appeal to tech-savvy traders. It offers a flat fee of ₹20 per trade for options and zero brokerage on delivery trades.
Key Features:
ARQ Prime: AI-powered recommendations for stock picking.
SmartAPI: Build custom trading platforms using Angel’s APIs.
Intuitive Dashboard: Easy navigation and personalized watchlists.
Extensive Research Reports: Daily updates and insights for informed trading.
Why It Stands Out: Angel One combines cutting-edge technology with detailed market research, making it a comprehensive solution for options traders.
5. 5paisa
5paisa is a go-to platform for traders looking for zero brokerage on equity delivery and flat rates for intraday and options trading. The app is cost-effective and packed with features.
Key Features:
Auto Investor: Personalized investment recommendations.
Technical Screeners: Identify opportunities with ready-made screeners.
Customizable Plans: Choose between different subscription models for added benefits.
Integrated Ecosystem: Access to mutual funds, insurance, and loans.
Why It Stands Out: 5paisa’s low-cost structure and all-in-one financial services are perfect for traders who want a comprehensive financial toolkit.
6. Dhani Stocks
Dhani Stocks is a part of the Indiabulls Group and offers zero brokerage plans that are particularly attractive to high-frequency traders.
Key Features:
Flat Subscription Model: Pay a monthly fee for unlimited trading.
Robust Mobile App: Fast and reliable for on-the-go trading.
Margin Funding: Competitive rates for options trading.
Comprehensive Support: 24/7 customer service for trading assistance.
Why It Stands Out: The subscription-based model eliminates transaction fees, making it cost-effective for active traders.
7. Paytm Money
Paytm Money has gained traction as a reliable platform for trading and investing. It offers zero brokerage on delivery trades and flat rates for options trading.
Key Features:
Unified App: Trade in stocks, ETFs, and mutual funds.
Margin Pledge Facility: Easy collateral for margin trading.
Smart Notifications: Real-time updates on price movements.
Seamless Integration: Linked with Paytm for quick fund transfers.
Why It Stands Out: Paytm Money’s integration with the Paytm ecosystem makes fund transfers and management seamless.
8. Choice Broking
Choice Broking provides a user-friendly trading experience with zero brokerage plans tailored for frequent traders.
Key Features:
Jiffy Trading App: Simplified, feature-rich mobile trading platform.
Research Advisory: Dedicated advisory services for trading strategies.
Multi-Segment Trading: Options, commodities, and currency trading on a single platform.
Free Trading Account: No annual maintenance charges.
Why It Stands Out: Choice Broking’s focus on research and advisory services helps traders make informed decisions.
9. FYERS
FYERS is a relatively new entrant but has quickly gained popularity for its innovative trading platforms and zero-brokerage offerings.
Key Features:
FYERS One: Desktop platform with advanced tools for serious traders.
Thematic Investing: Pre-designed portfolios for diversification.
Data Analytics: Comprehensive insights for market trends.
Low Account Opening Fee: Affordable entry into the trading world.
Why It Stands Out: FYERS’ focus on advanced charting and analysis tools makes it ideal for technical traders.
10. Samco
Samco positions itself as a low-cost broker for retail traders. It offers zero brokerage on delivery trades and a flat fee for options trading.
Key Features:
StockNote App: AI-driven trading platform with intuitive features.
Margin Trading Facility: High leverage options for seasoned traders.
Leaderboard: Track performance and compare with peers.
Detailed Research Reports: Access to actionable insights and recommendations.
Why It Stands Out: Samco’s AI-driven platform simplifies decision-making for options traders.
Best binary brokers
Conclusion
Zero-brokerage trading apps have democratized options trading in India, enabling investors to save on costs and maximize their returns. Each platform listed above caters to different trader profiles, from beginners to seasoned professionals. When choosing the right app, consider factors like user interface, additional features, and customer support. By leveraging these platforms, traders can enjoy a seamless and cost-effective trading experience in 2025.
Whether you're a novice or an experienced trader, these apps empower you to take control of your financial journey without worrying about brokerage fees. Evaluate your needs, explore these apps, and embark on your options trading journey today!
