Before finalizing & coming into conclusion of who are the top 10 intraday trading brokers in India, we must understand what makes them to rank under this category & why.
We have listed down 5 most important factors which can determine the existence of Day trading brokers in India.
These 5 factors are a product of years of research into intraday form of stock investment.
Every day trader or intraday trader must look these parameters before opening a demat account for intraday trading.
5 Factors which determines best Intraday trading brokers:
- Intraday Brokerage Charges
- Intraday Tips, Tricks & Formulae
- Exposure in Intraday Trading
- Apps or Trading Platforms
- Intraday Strategies, Techniques & Rules
Based on these 5 factors, we have made the most prolific list here, check this out.
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Top 10 Intraday Trading Brokers in India – List of Best Day Trading Brokers
Rank | Company | Rating |
1 | Angel Broking Intraday Trading | 9.39 |
2 | IIFL Intraday Trading | 9.14 |
3 | Zerodha Intraday Trading | 8.95 |
4 | Upstox Intraday Trading | 8.90 |
5 | ICICI Direct Intraday Trading | 8.80 |
6 | Sharekhan Intraday Trading | 8.79 |
7 | Motilal Oswal Intraday Trading | 8.78 |
8 | HDFC Securities Intraday Trading | 8.77 |
9 | Edelweiss Intraday Trading | 8.73 |
10 | Kotak Securities Intraday Trading | 8.72 |
Let’s look into all the factors individually one by one & how each broking house rank for each one of them.
Best Intraday Brokers with affordable Intraday Charges
The most important factor in the ranking of Top 10 Intraday Trading brokers is their brokerage charges.
Intraday trading is a high-volume game, hence, all intraday traders generally looks for companies with low brokerage charges, so that their earnings are not compromised by heavy brokerage.
Here is the list of Top 10 Day trading brokers with best brokerage schemes.
Rank | Company | Charges Rating |
1 | Edelweiss Intraday Brokerage | 9.85 |
2 | Zerodha Intraday Brokerage | 9.80 |
3 | Upstox Intraday Brokerage | 9.80 |
4 | Angel Broking Intraday Brokerage | 9.75 |
5 | Kotak Securities Intraday Brokerage | 9.20 |
6 | IIFL Intraday Brokerage | 8.50 |
7 | Sharekhan Intraday Brokerage | 8.45 |
8 | Motilal Oswal Intraday Brokerage | 8.30 |
9 | ICICI Direct Intraday Brokerage | 8.20 |
10 | HDFC Securities Intraday Brokerage | 8.15 |
Top 10 Intraday Brokers with Best Tips, Tricks & Formulae
Intraday trading tips are mainly which stock to buy or sell on a particular day in the share market.
Intraday traders or day traders are always looking for daily trading tips from various sources in the industry.
It could be trading tips or trading advisory companies or could be stock broking companies.
Since, this trading community is highly engaged in the stock market, they follow market news or company news very closely to their day trading purposes.
Lets have a look into top 10 intraday trading brokers with high rating on Intraday trading tips.
Rank | Company | Tips Rating |
1 | Motilal Oswal Intraday Tips | 9.60 |
2 | IIFL Intraday Tips | 9.50 |
3 | Kotak Securities Intraday Tips | 9.40 |
4 | Sharekhan Intraday Tips | 9.30 |
5 | HDFC Securities Intraday Tips | 9.30 |
6 | Angel Broking Intraday Tips | 9.20 |
7 | ICICI Direct Intraday Tips | 9.20 |
8 | Edelweiss Intraday Tips | 9.00 |
9 | Zerodha Intraday Tips | 8.30 |
10 | Upstox Intraday Tips | 8.20 |
Best Intraday Trading Brokers in India with High Exposure
Exposure or Leverage in trading terms is known as extra margin money that can be utilized by any day trader to trade in the market over & above the margin money that a stock trader possesses.
It is similar to loan given to day traders against their margin money or against the shares they hold. This is also know as “leverage” in trading terms.
This exposure ranges from 3x to 40x of the margin money the trader holds in his/her account. the exposure is given based on multiple factors like volume of holdings, type of script etc.
Different brokers have different risk management functionality to provide exposure to their traders.
Let’s see top 10 intraday trading brokers who provides highest exposure to their clients.
Rank | Company | Exposure Rating |
1 | Angel Broking Intraday Exposure | 9.60 |
2 | IIFL Intraday Exposure | 9.20 |
3 | Zerodha Intraday Exposure | 8.80 |
4 | Upstox Intraday Exposure | 8.70 |
5 | Sharekhan Intraday Exposure | 8.60 |
6 | Motilal Oswal Intraday Exposure | 8.50 |
7 | Kotak Securities Intraday Exposure | 8.50 |
8 | HDFC Securities Intraday Exposure | 8.50 |
9 | ICICI Direct Intraday Exposure | 8.50 |
10 | Edelweiss Intraday Exposure | 8.30 |
Best Intraday Trading Brokers with top shot Apps & Platforms
Any type of trader be it Intraday trader or delivery investor, everyone looks for a trading platform which is always up & running, fast, provides all type of analytics charts and overall all types of features any type of investor will require.
Any Intraday trader must look for a very high performance trading platform which always works without fail & able to trade at any given circumstances.
Here are the list of top 10 intraday trading brokers with best in-house trading platforms along with best trading features.
Rank | Company | Platforms Rating |
1 | Angel Broking Trading App | 9.60 |
2 | Zerodha Trading App | 9.55 |
3 | Upstox Trading App | 9.50 |
4 | IIFL Trading App | 9.30 |
5 | ICICI Direct Trading App | 8.80 |
6 | Motilal Oswal Trading App | 8.60 |
7 | Sharekhan Trading App | 8.50 |
8 | HDFC Securities Trading App | 8.40 |
9 | Edelweiss Trading App | 8.20 |
10 | Kotak Securities Trading App | 8.00 |
Top Intraday Brokers with best Strategies & Tools
These are the list of top 10 intraday brokers who provides very good content, conducts seminars & provides training’s on Intraday trading Strategies or Day trading techniques.
These brokers are relatively the large brokers who spends a good amount of money into Intraday trading education which in a way helps them generate more revenues.
Rank | Company | Strategies Rating |
1 | HDFC Securities Intraday Strategies | 9.50 |
2 | ICICI Direct Intraday Strategies | 9.30 |
3 | IIFL Intraday Strategies | 9.20 |
4 | Sharekhan Intraday Strategies | 9.10 |
5 | Motilal Oswal Intraday Strategies | 8.90 |
6 | Angel Broking Intraday Strategies | 8.80 |
7 | Kotak Securities Intraday Strategies | 8.50 |
8 | Zerodha Intraday Strategies | 8.30 |
9 | Upstox Intraday Strategies | 8.30 |
10 | Edelweiss Intraday Strategies | 8.30 |
Final Conclusion – Best Intraday Brokers in India
So, before finalizing an Intraday trading broker, a trader must look into all the 5 parameters very closely & then decide to open a demat account.
All of these top day trading brokers ave their own uniqueness & USP.
Every trader has their own preference, they should look for a broker which matches their preference & then go for that particular broker.
It is also advised to open multiple demat accounts and do a test & trial with different types of broker before going full fledged into Intraday trading.
Happy Investing!!!
Top 10 Intraday Trading Brokers in India FAQs
Ques – Why is Zerodha best for intraday trading?
Answer – Zerodha, is best for intraday trading because it delivers high-performance platform which always walks at a speedy rate and is able to trade at any given circumstances.
Ques – Which broker gives intraday tips, Tricks & Formula?
Answer – Motilal Oswal provides the best tips, tricks and formulas to all its customers. They follow company news pretty closely and advises customers with the same.
Ques – Shall I open Demat account with ICICI Direct for intraday trading?
Answer – You could definitely open a Demat account with ICICI direct for intra day trading. The reason being, it has really feasible intraday brokerage fees, it provides excellent tips and formulas, it has a pretty solid trading platform and it gives a good exposure in intraday trading.
Ques – Which broker has lower intraday brokerage charges?
Answer – Edelweiss has seemingly low brokerage charge. Intraday trading, otherwise is a pretty high volume game and every trader looks for companies with no brokerage fees so that all the learnings don’t get compromised by hefty brokerage charges.
Ques – Which broking company is best for intraday trading?
Answer – Angel broking is the best company as far as intraday trading is concerned. It demands extremely less brokerage fee, gives tremendous tips, tricks and ideas and promises enough profit through out.
Ques – Which broking house is good for beginners to learn intraday trading?
Answer – Angel Broking and Zerodha are pretty sprightly as far as intraday trading for beginners are concerned. They both are your best bet in terms of getting started with intraday Trading.
Ques – Why Angel Broking is good for intraday trading?
Answer – Any type of trader will always look for a platform that is fast, provides an identical charge of all kinds and has a high performing platform for trading. It is to say, Angel broking fulfils every need of an investor.
Ques – Which broking house has the fastest intraday trading app?
Answer – Angel broking house has the fastest intraday trading app and provides a platora of tips, tricks and formulas for customers through the market, with tactful investment and a guarantee of high soaring profit.
Ques – Is Sharekhan good for intraday trading?
Answer – ShareKhan is one of the best companies as far as intraday trading is concerned. Hit the lights training in intraday trading strategies as it charges really feasible brokerage fee.
Ques – What makes Upstox good for intraday trading?
Answer – The margin of Uptocks ranges from 3x to 40x, ascertaining to its tremendous hold in the market. With high exposure and a plethora of factors, ranging from market reputation and financial advices, Upstox stands a solid ground.
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