Flattrade is a zero-brokerage stock trading platform operated by Flattrade Broking Private Limited (formerly Fortune Capital Services Private Limited), a Chennai-based brokerage whose business traces back to 2004 and which was formally incorporated in 2010. Led by Managing Director K. Narayana Moorthy, the company relaunched around 2020-2022 to offer trading in equities, F&O, currency, and commodities with no brokerage fees, charging only a one-time account-opening fee. Flattrade is registered with SEBI (registration number INZ000201438) and is a trading member of the NSE, BSE, and MCX, with a separate depository participant registration through CDSL.
Broker
Flattrade
Flattrade Broking Private Limited
Flattrade is a Chennai-based, SEBI-registered Indian discount broker offering zero-brokerage trading in equities, F&O, currency, and commodities across NSE, BSE, and MCX, plus free API access for algo traders.