BrokerWisely
Educational · Not investment advice

Your exact trade, on all 5 stock brokers

RELIANCE · Delivery · 10 shares · buy ₹1,420.00 → sell ₹1,465.00. Ordered by your chosen key, winner of each row highlighted.

How often will you trade?8 trades/month
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Lowest cost for how you'd trade
Dhan

For 8 delivery trades a month, Dhan costs the least to run at ₹4,494/year, about ₹5,681 a year less than the priciest option shown here. All of them are free to open and ready to trade within a day or two.

Lowest cost is a fact, not a recommendation.
₹4,494/year
Open Dhan →
Compare on
DhanThe active trader's power toolLowest cost for how you'd trade
ZerodhaThe focused veteranFree brokerage
GrowwThe friendly first appZero AMC
Angel OneThe full-service super app
UpstoxThe sleek modern challenger
This trade, round triplower is better
₹46.81
₹47.40
₹89.70
₹89.70
₹102.86
Cost per year at 8/mothe number that matters most
₹4,494/yr
₹4,850/yr
₹8,611/yr
₹8,851/yr
₹10,174/yr
Brokerage, both legslower is better
₹0Free
₹0Free
₹28.85
₹28.85
₹40.00
Break-even movelower is better
₹4.68/unit
₹4.74/unit
₹8.97/unit
₹8.97/unit
₹10.29/unit
AMC per yearlower is better
₹0
₹300
₹0
₹240
₹300
Account openingmoney to start
Free
Free
Free
Free
Free
Ready to trade intime to start
Same day
24 to 48 hrs
Same day
Same day
Same day
Open an account
Open →
Open →
Open →
Open →
Open →
DhanThe active trader's power toolLowest cost for how you'd trade
This trade, round trip
₹46.81
Cost per year at 8/mo
₹4,494/yr
Brokerage, both legs
₹0Free
Break-even move
₹4.68/unit
AMC per year
₹0
Account opening
Free
Ready to trade in
Same day
Open Dhan account →
ZerodhaThe focused veteranFree brokerage
This trade, round trip
₹47.40
Cost per year at 8/mo
₹4,850/yr
Brokerage, both legs
₹0Free
Break-even move
₹4.74/unit
AMC per year
₹300
Account opening
Free
Ready to trade in
24 to 48 hrs
Open Zerodha account →
GrowwThe friendly first appZero AMC
This trade, round trip
₹89.70
Cost per year at 8/mo
₹8,611/yr
Brokerage, both legs
₹28.85
Break-even move
₹8.97/unit
AMC per year
₹0
Account opening
Free
Ready to trade in
Same day
Open Groww account →
Angel OneThe full-service super app
This trade, round trip
₹89.70
Cost per year at 8/mo
₹8,851/yr
Brokerage, both legs
₹28.85
Break-even move
₹8.97/unit
AMC per year
₹240
Account opening
Free
Ready to trade in
Same day
Open Angel One account →
UpstoxThe sleek modern challenger
This trade, round trip
₹102.86
Cost per year at 8/mo
₹10,174/yr
Brokerage, both legs
₹40.00
Break-even move
₹10.29/unit
AMC per year
₹300
Account opening
Free
Ready to trade in
Same day
Open Upstox account →

Rates and account-opening times are mid-2026 benchmarks, verified 13 Jul 2026. No winner is crowned overall; the highlights just show who wins each line, and the order is only the key you picked.

Decided? Open your account in minutes

All of them are free to open and ready to trade the same day to about 48 hours after you e-sign. Have your PAN, Aadhaar and a bank proof ready, and you are set.

What you'll need

  • PAN card
    Mandatory for every demat account.
  • Aadhaar card
    For paperless KYC and e-sign (linked to your mobile).
  • Bank proof
    A cancelled cheque or recent bank statement showing your name, account no. & IFSC.
  • Signature
    A clear photo of your signature on white paper.
  • Selfie / live photo
    An in-app selfie or short video for in-person verification (IPV).
  • Income proofoptional · F&O only
    6-month bank statement, salary slip or ITR. Only needed to enable F&O (derivatives).

The 6 steps

  1. 1
    Enter mobile & email
    Verify both with an OTP to start the application.
  2. 2
    PAN & Aadhaar KYC
    Fetch your details via DigiLocker or Aadhaar e-KYC. Most of the form auto-fills.
  3. 3
    Add bank & personal details
    Link your bank account and fill occupation, income band and nominee.
  4. 4
    In-person verification (IPV)
    Record a quick selfie/video to confirm it's really you.
  5. 5
    E-sign with Aadhaar
    Digitally sign the form with an Aadhaar OTP. No paperwork.
  6. 6
    Activation
    The broker verifies and activates your account, then sends your client ID.

How long it actually takes

Time to fill the formabout 10 to 15 minutesPAN, Aadhaar e-KYC, bank and personal details, done online in one sitting.
Time to activationsame day to about 48 hoursThe broker verifies your details, activates the account and sends your client ID.

Filling the form is quick; the broker still has to verify and activate before you can trade. Both are benchmarks, not guarantees.

What can slow it down

  • Enabling F&O
    Adding derivatives needs income proof, a 6-month bank statement, salary slip or ITR, which adds a review step.
  • PAN or name mismatch
    If your name or details do not line up across PAN, Aadhaar and your bank record, the broker asks you to correct and re-submit.
  • Manual review
    An unclear signature, a blurred selfie or an address proof that needs a human check can add a day or so.

Ready? Open with a stock broker

Zerodha
Opening: Free · AMC ₹300/yr
Open Zerodha →
Groww
Opening: Free · AMC ₹0
Open Groww →
Angel One
Opening: Free · AMC ₹240/yr
Open Angel One →
Upstox
Opening: Free · AMC ₹300/yr
Open Upstox →
Dhan
Opening: Free · AMC ₹0
Open Dhan →

Educational checklist, not investment advice. Document and timeline requirements are benchmarks, so confirm with the broker.