Top 10 Intraday Trading Brokers in India

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.
Intraday Trading - Top 10 Intraday Trading Brokers in India

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
  • Intraday Strategies, Techniques & Rules
  • Trading Platforms
  • Intraday Exposure & Trading limits
  • Based on these 5 factors, we have made the most prolific list here, check this out.

List of Top 10 Intraday trading Brokers in India – Best Day trading brokers of 2017

RankCompanyRatingDemat A/C
1Kotak Securitites8.2Open Account
2Zerodha8.1Open Account
3ICICI Direct7.6Open Account
45Paisa7.5Open Account
5Edelweiss7.4Open Account
6Upstox7.1Open Account
7Sharekhan7.1Open Account
8Angel Broking7.0Open Account
9IIFL6.7Open Account
10Motilal Oswal6.6Open Account

Let’s look into all the factors individually one by one & how each broking house rank for each one of them.

Intraday brokerage 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.

RankCompanyRatingDemat A/C
1Zerodha9.5Open Account
25Paisa9.5Open Account
3Upstox9.0Open Account
4Angel Broking7.0Open Account
5Kotak Securitites6.5Open Account
6Edelweiss6.5Open Account
7Sharekhan6.5Open Account
8Motilal Oswal6.4Open Account
9IIFL6.3Open Account
10ICICI Direct6.0Open Account

Intraday tips, tricks & formula

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.

RankCompanyRatingDemat A/C
1Kotak Securitites9.0Open Account
2ICICI Direct8.5Open Account
3Edelweiss8.0Open Account
4Sharekhan7.0Open Account
5Angel Broking7.0Open Account
6IIFL6.5Open Account
7Motilal Oswal5.8Open Account
8Zerodha5.0Open Account
95Paisa5.0Open Account
10Upstox5.0Open Account

Intraday exposure & trading limits

Exposure 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.

RankCompanyRatingDemat A/C
1Kotak Securitites8.5Open Account
2Zerodha8.5Open Account
35Paisa8.5Open Account
4Edelweiss8.0Open Account
5Sharekhan8.0Open Account
6Angel Broking8.0Open Account
7Motilal Oswal7.7Open Account
8ICICI Direct7.5Open Account
9IIFL7.5Open Account
10Upstox7.5Open Account

Intraday Strategies, Techniques & Rules

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.

RankCompanyRatingDemat A/C
1Zerodha8.5Open Account
2Kotak Securitites8.0Open Account
35Paisa8.0Open Account
4ICICI Direct7.5Open Account
5Upstox7.5Open Account
6Edelweiss6.8Open Account
7Sharekhan6.5Open Account
8Angel Broking6.5Open Account
9Motilal Oswal6.5Open Account
10IIFL6.2Open Account

Trading 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.

RankCompanyRatingDemat A/C
1Zerodha9.0Open Account
2Kotak Securitites8.9Open Account
3ICICI Direct8.5Open Account
4Sharekhan7.5Open Account
5Edelweiss7.5Open Account
6IIFL7.0Open Account
7Motilal Oswal6.7Open Account
8Angel Broking6.5Open Account
9Upstox6.5Open Account
105Paisa6.5Open Account

Final Conclusion – Top 10 Intraday Trading 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!!!

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