What Intraday Traders Need
- Fast order execution (low latency)
- Reliable platform — no downtime during market hours
- Good charting for quick analysis
- Competitive brokerage (flat fee preferred)
- Margin availability for intraday
- API access if you plan to automate
Best Accounts for Active Traders
- Zerodha — reliable, low cost, excellent API
- Upstox — competitive pricing, good mobile UX
- Shoonya (Finvasia) — zero brokerage, good for algo traders
- Angel One — free account, SmartAPI included
- FYERS — good for option chain analytics
Algo Trading and Intraday
Many intraday traders automate their strategies using broker APIs. AlgoDesk (Gold plan on Simpli Trade) supports multiple brokers for intraday algo strategies.