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Mirae Asset Sharekhan alternatives: 6 apps ranked by verified data

Facts checked Nov 8, 2026AppBreakup editorialHow we rankAll investing and stock trading apps

Top picks

Common reasons people leave Mirae Asset Sharekhan: brokerage is higher than at discount brokers, as the company itself acknowledges, and several separate apps and platforms can be confusing to start with. We ranked 6 alternatives by how directly each one replaces Mirae Asset Sharekhan, then by reviews, real visits and how recently each app's facts were checked against its own website. Motilal Oswal currently ranks first.

Quick comparison

#AppPricingVerified priceOpen sourcePlatformsVerified factsScore
1Motilal Oswal logoMotilal OswalFree plan + paid—NoWeb, iOS, Android5 of 568.8
2ICICI Direct logoICICI DirectPaid₹999 one-time fee (Prime 999), 0.22% delivery brokerageNoWeb, iOS, Android9 of 964.8
3Zerodha Kite logoZerodha KiteFree plan + paid—NoWeb, Android, iOS8 of 861.8
4Angel One logoAngel OneFree plan + paidLower of ₹20 or 0.1% per executed equity orderNoWeb, Android, iOS9 of 959.4
5Upstox logoUpstoxFree plan + paid—NoWeb, Android, iOS7 of 757.5
6Dhan logoDhanFree plan + paid—NoWeb, Android, iOS10 of 1055.9
  1. Motilal Oswal logo

    1. Motilal OswalTop pick

    Best for: Indian investors who want research calls and a personal advisor alongside their trading account

    Free plan + paidWeb, iOS, Android

    68.8

    score / 100

    Why switch from Mirae Asset Sharekhan

    Another research-heavy full-service broker with advisors and a big branch network.

    Pros

    • Daily research recommendations for intraday, options and long-term picks
    • Wide product range, from stocks and F&O to PMS, bonds and US stocks
    • Large branch and advisor network for in-person help
    • Free account opening

    Cons

    • Brokerage is usually higher than at discount brokers like Zerodha or Groww
    • Research-led selling and advisor calls won't suit purely self-directed traders
    • Pricing depends on the plan and is harder to compare than a flat fee
    Visit Motilal Oswal Details and reviews
    How this score is calculated
    Editorial fit ×0.3100
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Motilal Oswal a good Mirae Asset Sharekhan alternative?

    Verified facts

    5 of 5 verified
    Founded
    1987
    Checked Nov 8, 2026motilaloswal.com(opens source in a new tab)
    Account opening
    ₹0
    Checked Nov 8, 2026motilaloswal.com(opens source in a new tab)
    AMC
    ₹0 for the first year
    Checked Nov 8, 2026motilaloswal.com(opens source in a new tab)
    Branches
    2,500+
    Checked Nov 8, 2026motilaloswal.com(opens source in a new tab)
    Customers
    40 lakh+
    Checked Nov 8, 2026motilaloswal.com(opens source in a new tab)
  2. ICICI Direct logo

    2. ICICI Direct

    Best for: ICICI Bank customers in India who want trading linked directly to their savings account

    PaidWeb, iOS, Android

    64.8

    score / 100

    Why switch from Mirae Asset Sharekhan

    Full-service broking with research, tied to an ICICI Bank account for easy fund transfers.

    Pros

    • 3-in-1 account invests straight from an ICICI Bank savings account
    • Very wide product range, from stocks and F&O to NPS and bonds
    • In-house research picks and learning content
    • Breeze API for algorithmic trading

    Cons

    • Brokerage is higher than discount brokers unless you buy a plan
    • Plan and fee structure is complicated to compare
    • Full 3-in-1 benefits need an ICICI Bank account
    Visit ICICI Direct Details and reviews
    How this score is calculated
    Editorial fit ×0.387
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is ICICI Direct a good Mirae Asset Sharekhan alternative?

    Verified facts

    9 of 9 verified
    Account type
    3-in-1 (bank, trading, demat)
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
    Delivery brokerage
    From 0.07% on Prime plans
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
    Mutual fund SIP
    From ₹100
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
    API
    Breeze API
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
    Products
    Stocks, IPOs, MFs, ETFs, bonds, F&O, NPS
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
    Starting price
    ₹999 one-time fee (Prime 999), 0.22% delivery brokerage
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
    Prime 9999 plan
    ₹9,999 one-time fee, 0.07% delivery brokerage
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
    Prime 4999 plan
    ₹4,999 one-time fee, 0.10% delivery brokerage
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
    iValue plan
    ₹20 per order for F&O, intraday and commodities
    Checked Nov 8, 2026icicidirect.com(opens source in a new tab)
  3. Zerodha Kite logo

    3. Zerodha Kite

    Best for: Self-directed Indian investors and active traders who want low, flat fees and a clean charting app

    Free plan + paidWeb, Android, iOS

    61.8

    score / 100

    Why switch from Mirae Asset Sharekhan

    Much cheaper flat-fee trading and a clean app for traders who don't need research or branches.

    Pros

    • No brokerage on equity delivery trades or direct mutual funds
    • Flat ₹20 cap per intraday or F&O order
    • Detailed charts, 20-level market depth and GTT orders
    • Free Varsity courses and a public trading API

    Cons

    • Annual demat maintenance charge after the first year for many accounts
    • No research reports or stock recommendations
    • Mutual funds live in a separate Coin app rather than inside Kite
    Visit Zerodha Kite Details and reviews
    How this score is calculated
    Editorial fit ×0.377
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Zerodha Kite a good Mirae Asset Sharekhan alternative?

    Verified facts

    8 of 8 verified
    Equity delivery brokerage
    ₹0
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Intraday and F&O brokerage
    ₹20 or 0.03% per order, whichever is lower
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Account opening
    Free for individual accounts
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Market depth
    20 levels (level 3 data)
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Founded
    2010
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Intraday brokerage
    ₹20 or 0.03% per executed order, whichever is lower
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Options brokerage
    Flat ₹20 per executed order
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Demat AMC
    ₹300 a year + GST (non-BSDA accounts)
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
  4. Angel One logo

    4. Angel One

    Best for: Indian investors who want research and recommendations along with a low-cost trading app

    Free plan + paidWeb, Android, iOS

    59.4

    score / 100

    Why switch from Mirae Asset Sharekhan

    Low flat brokerage while keeping research reports and a wide partner network.

    Pros

    • Free account opening and no maintenance charge in year one
    • Research reports and stock recommendations included
    • No commission on mutual funds and IPO applications

    Cons

    • Free brokerage lasts only 30 days, then per-order fees apply
    • Recommendations and promotions can be pushy for self-directed investors
    • Maintenance charge applies after the first year
    Visit Angel One Details and reviews
    How this score is calculated
    Editorial fit ×0.369
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Angel One a good Mirae Asset Sharekhan alternative?

    Verified facts

    9 of 9 verified
    Account opening
    ₹0
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Introductory brokerage
    ₹0 for the first 30 days, up to ₹500
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Mutual funds and IPOs
    ₹0 commission
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Registered users
    3.8 crore+
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Digital since
    2019
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Starting price
    Lower of ₹20 or 0.1% per executed equity order
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    F&O brokerage
    ₹20 per executed order
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Introductory offer
    ₹0 brokerage up to ₹500 for the first 30 days
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    AMC
    ₹0 for the first year
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
  5. Upstox logo

    5. Upstox

    Best for: Indian traders who want flat-fee F&O trading with TradingView charts and API access

    Free plan + paidWeb, Android, iOS

    57.5

    score / 100

    Why switch from Mirae Asset Sharekhan

    Discount broker with low fees and a modern app for self-directed traders.

    Pros

    • Flat ₹20 maximum brokerage per order across segments
    • No brokerage on mutual funds and IPOs
    • TradingView charts and a trading API built in

    Cons

    • Equity delivery trades cost ₹20 per order, not free
    • Account maintenance charge applies after the first year
    • No research or stock advisory like a full-service broker
    Visit Upstox Details and reviews
    How this score is calculated
    Editorial fit ×0.363
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Upstox a good Mirae Asset Sharekhan alternative?

    Verified facts

    7 of 7 verified
    Equity delivery brokerage
    ₹20 per executed order
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Mutual funds and IPOs
    ₹0 brokerage
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Account maintenance
    ₹0 in the first year, then ₹300 + GST (non-BSDA)
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Broking licence
    2010
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Users
    2 crore+
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Equity options brokerage
    Flat ₹20 per executed order
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Account opening
    Free
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
  6. Dhan logo

    6. Dhan

    Best for: Indian F&O and intraday traders who want TradingView charts, fast order tools and free APIs

    Free plan + paidWeb, Android, iOS

    55.9

    score / 100

    Why switch from Mirae Asset Sharekhan

    Trader-focused app with options tools and low brokerage for active F&O users.

    Pros

    • No brokerage on equity delivery and no account maintenance charge
    • Dedicated options trading app plus trading straight from TradingView charts
    • Trading APIs for algo traders at no extra cost

    Cons

    • Intraday and F&O orders still cost a flat fee per order
    • Many separate apps and terminals can be confusing for beginners
    • Younger broker than Zerodha, Angel One or 5paisa
    Visit Dhan Details and reviews
    How this score is calculated
    Editorial fit ×0.357
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Dhan a good Mirae Asset Sharekhan alternative?

    Verified facts

    10 of 10 verified
    Account opening and AMC
    ₹0
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Equity delivery brokerage
    ₹0
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Intraday and F&O brokerage
    ₹20 per order
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Trading API
    Free
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    US stocks
    Fractional investing from $1
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Intraday brokerage
    ₹20 or 0.03% per order, whichever is lower
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    F&O brokerage
    ₹20 per executed order
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Account opening fee
    ₹0 for individuals and HUFs
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Annual maintenance charge
    ₹0 for individuals; ₹800 + GST for NRIs and firms
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Call & Trade
    ₹50 per order + GST
    Checked Nov 8, 2026dhan.co(opens source in a new tab)

The best Mirae Asset Sharekhan alternative for…

The highest-ranked app in this list for each need.

Motilal Oswal logo

Best Mirae Asset Sharekhan alternative for most people

Motilal Oswal

Another research-heavy full-service broker with advisors and a big branch network.

Zerodha Kite logo

Best Mirae Asset Sharekhan alternative for a free plan you can upgrade

Zerodha Kite

Much cheaper flat-fee trading and a clean app for traders who don't need research or branches.

ICICI Direct logo

Best Mirae Asset Sharekhan alternative for iPhone and Android

ICICI Direct

Full-service broking with research, tied to an ICICI Bank account for easy fund transfers.

Angel One logo

Best Mirae Asset Sharekhan alternative for working in the browser

Angel One

Low flat brokerage while keeping research reports and a wide partner network.

Mirae Asset Sharekhan alternatives: common questions

What is the best alternative to Mirae Asset Sharekhan?

Motilal Oswal ranks first right now. Another research-heavy full-service broker with advisors and a big branch network. ICICI Direct and Zerodha Kite follow it in our ranking.

Mirae Asset Sharekhan vs Motilal Oswal: what's the difference?

Both Mirae Asset Sharekhan and Motilal Oswal are free with paid plans. Only Mirae Asset Sharekhan runs on Windows.

Is Mirae Asset Sharekhan free?

Mirae Asset Sharekhan is free with paid plans.

How much do Mirae Asset Sharekhan alternatives cost?

Verified prices for the top-ranked Mirae Asset Sharekhan alternatives: ICICI Direct, ₹999 one-time fee (Prime 999), 0.22% delivery brokerage; Angel One, Lower of ₹20 or 0.1% per executed equity order. Each price was checked on the app's own site; see each card below for the date and source.

Is there a free alternative to Mirae Asset Sharekhan?

Yes. Motilal Oswal (free plan + paid), Zerodha Kite (free plan + paid), Angel One (free plan + paid) and Upstox (free plan + paid) have a free option. Check each app's verified facts for current plan limits.

Is there an open-source alternative to Mirae Asset Sharekhan?

None of the 6 alternatives in this list is open source.

Why do people switch from Mirae Asset Sharekhan?

The complaints we hear most: brokerage is higher than at discount brokers, as the company itself acknowledges; several separate apps and platforms can be confusing to start with; tradeTiger runs on Windows only.

How is this list ranked?

Every app is scored with the same published formula: how directly it replaces Mirae Asset Sharekhan, reviews (weighted by verification), visits from AppBreakup, how recently its facts were checked against its own website, and reader votes.