Broker Comparison
Compare IQ Broker with other popular brokers in India
IQ
IQ Broker
4.5
Best for Beginners
Pros:
- Lowest deposit
- Best demo account
- 24/7 support
- Global markets
Cons:
- Limited stock exchanges
- Not SEBI registered
Z
Zerodha
4.3
Best for Indian Stocks
Pros:
- Zero delivery brokerage
- Great platform (Kite)
- Good education
- SEBI registered
Cons:
- No demo account
- Limited support hours
- No crypto
U
Upstox
4.2
Best Technology
Pros:
- Modern platform
- Fast execution
- Good mobile app
- SEBI registered
Cons:
- Higher brokerage
- Limited education
- No real demo
A
Angel One
4.1
Full-Service Broker
Pros:
- Wide instrument range
- Research reports
- IPO access
- SEBI registered
Cons:
- Higher charges
- Complex for beginners
- No demo
Detailed Feature Comparison
| Feature | IQ Broker | Zerodha | Upstox | Angel One |
|---|---|---|---|---|
| Minimum Deposit | $10 | ₹0 | ₹0 | ₹0 |
| Trading Platform | Web, Mobile, Desktop | Web, Mobile (Kite) | Web, Mobile (Pro) | Web, Mobile |
| Instruments | Forex, Stocks, Crypto, Commodities | Stocks, F&O, Currency | Stocks, F&O, Currency | Stocks, F&O, Currency, Commodities |
| Demo Account | Yes - $10,000 virtual | Limited (Virtual trading) | Paper trading available | No |
| Account Opening Fee | Free | Free | Free | Free |
| Intraday Brokerage | 0% commission | ₹20 or 0.03% | ₹20 or 0.05% | ₹20 or 0.25% |
| Educational Resources | Extensive tutorials, videos | Varsity (Very good) | Basic resources | Moderate resources |
| Customer Support | 24/7 (EN, HI) | Email, Phone (9:30-5:30) | Email, Chat, Phone | Email, Phone |
| UPI Payments | Yes | Yes | Yes | Yes |
| Mobile App Rating | 4.2+ stars | 4.5+ stars | 4.4+ stars | 4.3+ stars |
Why Traders Choose IQ Broker
Lowest minimum deposit requirement - Start with just $10
True demo account with $10,000 virtual money for unlimited practice
Zero commission trading on most instruments
Global market access - Trade international stocks, forex, and crypto
24/7 customer support in multiple languages including Hindi
Award-winning platform used by 50M+ traders worldwide
Fast withdrawals - Money in your account within 24 hours
Comprehensive educational resources for beginners