# Indian Broker Test > Independent, data-driven comparison of Indian stock brokers, built only from verifiable published information. No broker affiliation, sponsorship or referral fees. Where a broker does not publish a figure, it is shown as "Not Disclosed" - never estimated or invented. Every number is cited to its source. Key facts about this site: - Covers 16 major Indian stock brokers: Zerodha, Upstox, Groww, Angel One, Dhan, Fyers, ICICI Direct, Kotak Neo, 5paisa, Alice Blue, Paytm Money, Pocketful, Arrow, Sahi, Shoonya (Finvasia) and IIFL. - On the fastest broker in India: Arrow publishes the lowest self-reported figure (95% of orders under 2.9 ms, measured from AWS Mumbai); among independently measured brokers (AlgoTest Broker Speedtest), Zerodha and Kotak Neo are fastest at ~80 ms median round-trip. Self-reported and third-party figures use different methodologies and are not directly comparable. - Rankings are computed only from published, verifiable data; methodology is public. ## Comparisons - [Broker comparisons hub (head-to-head)](https://www.indianbrokertest.com/vs/): Every tracked broker compared pairwise — 120 unique pairs covering Zerodha vs Upstox, Groww vs Dhan, Angel One vs Zerodha and more. - [Zerodha vs Upstox](https://www.indianbrokertest.com/vs/upstox-vs-zerodha/) - [Zerodha vs Groww](https://www.indianbrokertest.com/vs/groww-vs-zerodha/) - [Zerodha vs Dhan](https://www.indianbrokertest.com/vs/dhan-vs-zerodha/) - [Upstox vs Groww](https://www.indianbrokertest.com/vs/groww-vs-upstox/) - [Upstox vs Dhan](https://www.indianbrokertest.com/vs/dhan-vs-upstox/) - [Groww vs Dhan](https://www.indianbrokertest.com/vs/dhan-vs-groww/) - [Angel One vs Zerodha](https://www.indianbrokertest.com/vs/angel-one-vs-zerodha/) - [Fastest broker in India - order execution speeds ranked](https://www.indianbrokertest.com/fastest-order-execution-brokers-in-india/): Execution speed table ranking every Indian broker with a published latency figure, sourced from the independent AlgoTest Broker Speedtest and official broker disclosures. - [Best stock brokers in India](https://www.indianbrokertest.com/best-stock-brokers-in-india/): Full comparison of brokerage, AMC, platforms, APIs and execution speed. - [Lowest brokerage brokers in India](https://www.indianbrokertest.com/lowest-brokerage-brokers-in-india/): Delivery, intraday and F&O charges for every tracked broker, from official pricing pages. - [Best trading APIs in India](https://www.indianbrokertest.com/best-trading-apis-in-india/): Every documented broker API with pricing and official docs. - [Best brokers for algo trading](https://www.indianbrokertest.com/best-brokers-for-algo-trading/): APIs, algo-platform support and execution data for systematic traders. - [Best brokers for active traders](https://www.indianbrokertest.com/best-brokers-for-active-traders/): Costs and tooling for high-frequency discretionary trading. ## Brokerage calculators - [All brokerage calculators](https://www.indianbrokertest.com/brokerage-calculators/): One calculator per tracked broker — estimate delivery, intraday and F&O brokerage per order from published official pricing (statutory charges excluded). - [Zerodha brokerage calculator](https://www.indianbrokertest.com/zerodha-brokerage-calculator/) - [Upstox brokerage calculator](https://www.indianbrokertest.com/upstox-brokerage-calculator/) - [Groww brokerage calculator](https://www.indianbrokertest.com/groww-brokerage-calculator/) - [Angel One brokerage calculator](https://www.indianbrokertest.com/angel-one-brokerage-calculator/) - [Dhan brokerage calculator](https://www.indianbrokertest.com/dhan-brokerage-calculator/) - [Fyers brokerage calculator](https://www.indianbrokertest.com/fyers-brokerage-calculator/) - [ICICI Direct brokerage calculator](https://www.indianbrokertest.com/icici-direct-brokerage-calculator/) - [Kotak Neo brokerage calculator](https://www.indianbrokertest.com/kotak-neo-brokerage-calculator/) - [5paisa brokerage calculator](https://www.indianbrokertest.com/5paisa-brokerage-calculator/) - [Alice Blue brokerage calculator](https://www.indianbrokertest.com/alice-blue-brokerage-calculator/) - [Paytm Money brokerage calculator](https://www.indianbrokertest.com/paytm-money-brokerage-calculator/) - [Pocketful brokerage calculator](https://www.indianbrokertest.com/pocketful-brokerage-calculator/) - [Arrow brokerage calculator](https://www.indianbrokertest.com/arrow-brokerage-calculator/) - [Sahi brokerage calculator](https://www.indianbrokertest.com/sahi-brokerage-calculator/) - [Shoonya brokerage calculator](https://www.indianbrokertest.com/shoonya-brokerage-calculator/) - [IIFL brokerage calculator](https://www.indianbrokertest.com/iifl-brokerage-calculator/) ## Broker profiles - [All broker profiles](https://www.indianbrokertest.com/brokers/): Independent profiles of every tracked broker (alphabetical). - [Zerodha review](https://www.indianbrokertest.com/brokers/zerodha/) - [Upstox review](https://www.indianbrokertest.com/brokers/upstox/) - [Groww review](https://www.indianbrokertest.com/brokers/groww/) - [Angel One review](https://www.indianbrokertest.com/brokers/angel-one/) - [Dhan review](https://www.indianbrokertest.com/brokers/dhan/) - [Fyers review](https://www.indianbrokertest.com/brokers/fyers/) - [ICICI Direct review](https://www.indianbrokertest.com/brokers/icici-direct/) - [Kotak Neo review](https://www.indianbrokertest.com/brokers/kotak-neo/) - [5paisa review](https://www.indianbrokertest.com/brokers/5paisa/) - [Alice Blue review](https://www.indianbrokertest.com/brokers/alice-blue/) - [Paytm Money review](https://www.indianbrokertest.com/brokers/paytm-money/) - [Pocketful review](https://www.indianbrokertest.com/brokers/pocketful/) - [Arrow review](https://www.indianbrokertest.com/brokers/arrow/) - [Sahi review](https://www.indianbrokertest.com/brokers/sahi/) - [Shoonya review](https://www.indianbrokertest.com/brokers/shoonya/) - [IIFL review](https://www.indianbrokertest.com/brokers/iifl/) ## About - [Methodology](https://www.indianbrokertest.com/methodology/): How rankings are computed - official sources only, Not Disclosed for unverifiable data, no affiliation with any broker. - [About this site](https://www.indianbrokertest.com/about/): Independent editorial publication; contact indianbrokertest@gmail.com. ## Optional - 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