Futures trading has gained significant traction among Indian traders looking for high returns and portfolio diversification. Choosing the best brokers for futures trading in India is crucial to ensuring seamless trading, competitive brokerage fees, and access to advanced trading platforms. This guide will help you find the right broker by comparing top platforms, brokerage fees, future trading margin requirements in India, and more.
What to Look for in a Futures Trading Broker
When selecting a broker for futures trading, consider the following key factors:
- Regulation & Compliance: Ensure the broker is registered with SEBI (Securities and Exchange Board of India) to guarantee security and reliability.
- Brokerage Fees: Compare transaction costs, including futures trading brokerage fees, to maximize profits.
- Margin Requirements: Check future trading margin requirements in India for leverage availability and affordability.
- Trading Platform: A robust, user-friendly platform with technical analysis tools is essential for effective trading.
- Order Execution Speed: Fast execution reduces slippage and improves trade efficiency.
- Customer Support: 24/7 support ensures quick issue resolution during market hours.
Top Brokers for Futures Trading in India (Updated List)
Based on the above criteria, here are the best brokers for futures trading in India:
1. Zerodha
- Low brokerage fees and seamless trading experience
- High-speed order execution on Kite platform
- Futures margin requirements: ₹20,000–₹1,00,000 depending on the contract
2. Upstox
- Discount brokerage model with flat ₹20 per trade
- Advanced charting tools and indicators
- Margin requirements: ₹15,000–₹80,000 per contract
3. Angel One
- Free equity delivery and competitive brokerage on futures
- AI-powered advisory tools
- Margin requirements: ₹10,000–₹70,000
4. ICICI Direct
- Trusted full-service broker with research insights
- Higher brokerage but offers exclusive trading advantages
- Margin requirements: ₹30,000–₹1,20,000
5. HDFC Securities
- Integrated banking and trading services
- Multiple trading platforms with research-backed strategies
- Margin requirements: ₹25,000–₹90,000
Brokerage Fees & Margin Requirements
Understanding brokerage fees and future trading margin requirements in India is essential to make informed trading decisions. Here’s a comparative overview:
| Broker | Brokerage Fees (Per Trade) | Margin Requirement |
| Zerodha | ₹20 per order | ₹20,000–₹1,00,000 |
| Upstox | ₹20 per order | ₹15,000–₹80,000 |
| Angel One | ₹20 per order | ₹10,000–₹70,000 |
| ICICI Direct | 0.05% per trade | ₹30,000–₹1,20,000 |
| HDFC Sec. | 0.05% per trade | ₹25,000–₹90,000 |
Best Platforms for Trading Futures at Finversify
At Finversify, we recommend choosing a broker with advanced tools and seamless execution for futures trading. Here are the top trading platforms for futures traders:
- Kite by Zerodha: Minimalist design with advanced charting features.
- Upstox Pro: High-speed execution with customizable trading interfaces.
- Angel One Smart API: Offers automated trading and AI-backed strategies.
- ICICI Trade Racer: Ideal for research-based traders who prefer in-depth market analysis.
- HDFC Blink Trade: Fast trade execution and real-time insights.
Selecting the best brokers for futures trading in India depends on your trading style, budget, and margin availability. Before making a choice, evaluate brokerage fees, future trading margin requirements in India, and the available trading platforms.
Start Your Futures Trading Journey Today!
If you are looking for the best platform to trade futures, sign up with a top broker today and maximize your trading potential. Explore the best trading tools at Finversify to gain an edge in the market!
