New Delhi, March 6 -- India's retail broking industry is seeing a slowdown in trading participation, with the top three brokerage platforms together losing an estimated 3-5 lakh users over the past three months, according to industry executives tracking account activity. Stoxkart, however, is swimming against the tide - the discount broker has quietly onboarded 80,000 new accounts, signalling a decisive shift in where cost-conscious traders are choosing to put their trust.

In contrast, Stoxkart a Zero Brokerage Trading Appis reporting 35% month-on-month growth, alongside higher order volumes and stronger repeat usage highlighting a widening divergence in trader engagement patterns.

The shift comes as several brokers report muted activit...