Firstock review
Independent review of Firstock — brokerage, app, account opening, customer support and the kind of investor it actually fits. Firstock is a discount broker offering brokerage-free equity delivery, ₹20 or 0.03% (whichever lower) on intraday and futures, flat ₹20 per order on options, free API access, and zero AMC..
Verdict
Cost-conscious DIY traders and investors who want zero-brokerage equity delivery, flat Rs 20 F&O/intraday, and multi-platform access (mobile, web, desktop, API) from a small discount broker.
Brokerage at a glance
Headline brokerage on the default Firstock standard plan. On top of brokerage you also pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges — see full charges for the breakdown.
About Firstock
Firstock is a discount broker offering brokerage-free equity delivery, ₹20 or 0.03% (whichever lower) on intraday and futures, flat ₹20 per order on options, free API access, and zero AMC.
The Firstock trading app
- Trade equities (NSE/BSE stocks), F&O, direct mutual funds, ETFs, SGBs, government securities and IPOs from one app
- TradingView charts with technical indicators and stock screeners
- Strategy Builder with payoff charts, basket orders and one-click execution
- Real-time market data, price alerts and order/trade execution push notifications
- Login with M-PIN, dark mode and customizable watchlists
- Portfolio analytics with daily P&L overview and After Market Orders (AMO) support
Opening a Firstock account
Account opening is fully online for Indian residents. Keep your PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper handy. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days end-to-end. Start at firstock.in.
Customer support
Firstock support is available new account opening: mon-fri 10:00 am - 6:00 pm; support: mon-fri 8:30 am - 6:00 pm; call & trade: mon-fri 9:15 am - 3:30 pm; saturday (account opening & support): 10:30 am - 5:00 pm. For complete contact details, the four-level SEBI escalation path (broker desk → compliance officer → SCORES → SMART ODR), and what to have ready before escalating, see the Firstock customer care page.
Pros and cons
How we judge this: these pros and cons are drawn from Firstock’s published charges and platform features, its app-store ratings — cross-checked against its SEBI registration and NSE / BSE membership. They are our editorial assessment, not a sponsored placement, and not financial advice.
What users say about Firstock
Paraphrased themes from public app-store reviews and forums — these are users’ opinions, not our testing, and not financial advice. Sampled 2026-06-14.
- Zero brokerage on equity delivery and flat Rs 20 per order on intraday/F&O
- Zero account opening and zero demat AMC charges
- Multi-platform access: mobile app, web, Windows desktop, and API
- TradingView charts and GTT orders on the web platform
- Direct mutual funds with zero commission
- REST API available for algo/automated trading
- Some users report slow performance on the web app, including delays placing/cancelling GTT orders and adding scripts
- Some users mention occasional bugs and that login can take time
- Some users report difficulty with fund withdrawals and feel customer support could be more responsive
Alternatives to Firstock
By active client count, Firstock is the #37 largest of 38 retail brokers on the NSE (as of 2026-04-30). If you're weighing it against the field, these are the brokers people most often compare it with:
See the full ranked list of every retail broker in India on the stock brokers in India page, or compare exact landed cost on a typical trade with the brokerage calculator — switch brokers in the dropdown without leaving the page.
Frequently asked
What people ask about Firstock.
Firstock is SEBI-registered and holds NSE / BSE membership, so it meets the regulatory bar every Indian broker must clear. Whether it is a good fit depends on what you trade. Cost-conscious DIY traders and investors who want zero-brokerage equity delivery, flat Rs 20 F&O/intraday, and multi-platform access (mobile, web, desktop, API) from a small discount broker.
Equity delivery is Free. Equity intraday is ₹20 / 0.03%. Equity options is Flat ₹20. On top of brokerage you pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges. The brokerage calculator on this site shows the all-in landed cost for a sample trade.
Firstock is registered with SEBI and a trading member of NSE / BSE. Demat accounts are held with CDSL or NSDL — the broker does not hold your shares, the depository does. Funds are held in a SEBI-regulated client bank account separate from the broker's own funds. The risk to investors from broker failure is limited; the larger risk to manage is account fraud via phishing and OTP sharing.
Trade equities (NSE/BSE stocks), F&O, direct mutual funds, ETFs, SGBs, government securities and IPOs from one app. TradingView charts with technical indicators and stock screeners. For a full feature list and download links see the Firstock app page.
Account opening is fully online for Indian residents. You need PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days. Apply via https://firstock.in.
Discount brokers comparable to Firstock include Zerodha, Groww, Upstox, Dhan and Angel One. Full-service alternatives include ICICI Direct, HDFC Securities, Kotak Securities and Sharekhan. Compare brokerage rates side-by-side on the brokerage calculator before switching.