Best Zero Brokerage Option Trading Apps in 2025
I have paid almost ₹ 40,000 in brokerage charges whereas 98% of the charges could have been saved. I just came to know that Stock Cut has launched an unlimited free brokerage plan with nominal charges. Their thinking is just like a [Music] broker. We will know about this plan. We will know if there are any hidden terms and conditions inside this plan.
Apart from this, I think we should also know about Stock Cut. We should know how their trading platform is. See, Stock Cut is a discount broker, and their parent company is SMC Group, which is a full-service broker and has been in the stock broking business since 1990 and is quite old and trusted. Almost more than 5000 crores of trading takes place daily through them, and they have more than 2 lakh customers.
I met their CEO, Pranay Agarwal, and he told me about this unlimited free brokerage plan. I have had a Stock Cut account for the last four-five years. Their interface is quite simple, neat, and clean. With them, we get the chart of TradingView, and their option chain is also quite simple. Along with that, we also get all the important information inside the option chain. The biggest advantage that we get with them is the free advisory for a lot of trading or investment purposes. You will get readymade calls about what should be bought and what should not be bought. You will get detailed information about them and recommendations.
Click on the link below in the description and fast comment to get information about their brokerage plan. Their funda is very simple: purchase their monthly plan by paying ₹99 plus GST, otherwise, if you take their yearly plan by paying ₹7700 plus GST, then you will not have to pay a single penny brokerage, whether you take 10 trades a day, 20 trades, or unlimited trades.
How Much Benefit From Their Brokerage Plan
Let's do a little calculation to see the benefit. I trade on average 240 days annually and take on average eight trades every day, where I pay ₹50 brokerage for each trade, which means in my case I pay brokerage of almost ₹38,000 every year.
If I try to understand the monthly expense, there are 30 days in a month. Let's assume we trade only for 20 days out of them and take eight trades daily and if we pay ₹50 for each trade, then monthly we would pay brokerage charges of ₹33,200.
Subscription Plans
Now, if you don't take so many trades, and take only four trades a day, you will still pay ₹800 brokerage monthly. On the other hand, if you opt for the ₹7700 yearly plan, you will not have to pay any brokerage charges across all segments.
Along with the plan, you will need to pay an AMC (Account Maintenance Charges) which is quarterly ₹775 plus GST. That means for one year, the AMC charges are ₹3100 plus GST.
How to Subscribe to Stock Cut Plan
To subscribe to the plan, click on the link in the description below. Select whether you want the monthly or yearly plan. I recommend the yearly plan as it's cheaper. Then, select the payment method (card or UPI). If you already have a Stock Cut account, simply enter your account number; if not, you'll need to create one.
Once you complete the process, you'll be redirected to the payment page. After successful payment, you’ll get a confirmation message.
Account Opening Process (If You Don't Have Stock Cut Account)
If you don’t have a Stock Cut account, the KYC and account opening process will follow. First, you’ll need to verify your mobile number, email, and PAN details. Afterward, upload necessary documents like your income proof and bank details.
You will also need to upload your photo and signature for verification. After completing all the steps, your account will be ready, and you can start trading.