Best Demat Trading Account In India 2025

I opened my first Demat account in 2006 after getting my first job because I wanted to invest 20% of my salary in the stock market.

I had no knowledge of stock investing at that time so I thought brokers like ICICI or Sharekhan would help me pick the right stocks. 

Opening an account with ICICI was easy because I was having a salary account with ICICI bank. They started sending me tips on stock trading and investing. 

I kept on buying and selling as per their recommendation but later I realized that I am losing a lot of money in the brokerage because ICICI was charging as high as 0.5% on my trades. 

I switched to Sharekhan to save brokerage but they were also charging 0.1% on the buy/sell transactions.

I came to know about discount broker Zerodha in 2015 that was charging ZERO on stock delivery and flat Rs. 20 per transaction for day trading.

In the last 2-3 years, many companies have started offering demat & trading services at flat rates. New companies waive off account opening fees and also offer some additional perks.

If you buy stocks worth Rs. 1,00,000 then you would pay approx 500 Rs + taxes to ICICI but the same you can buy at zero charges + govt fees + taxes from discount brokers like Zerodha, Upstox and 5Paisa.  

Our Top Picks For Best Demat & Trading Account in India

thumbnail
Best discount broker
Zerodha
Free stock delivery
thumbnail
Fastest growing broker
Upstox
Free account opening & 0 AMC

Every broker has some advantages and disadvantages. Discount brokers focus on improving their trading platforms while full-service brokers focus on improving customer service.

Your experience with discount broking customer service may not be good but you would save a lot of money in brokerage.  

Here is the list of the top 11 best Demat accounts in India 2025

  1. Zerodha Demat Account – Best discount broker in India
  2. Upstox Demat Account – Great for an alternative to Zerodha
  3. Groww Demat Account – Most used platform for stock & mutual fund investment
  4. 5paisa Demat Account – Best for no AMC for only traders
  5. IIFL Demat Account – Great for first-year free
  6. Angel Broking – Great brokerage plan from full-service broker
  7. Sharekhan Demat Account – offers a wide range of financial products
  8. Religare Demat Account – Great for lifetime free AMC option
  9. Motilal Oswal Demat Account – Great for financial services
  10. ICICI Direct Demat Account – Good for ICICI account holders
  11. HDFC Securities Demat Account – Easy option for existing HDFC customers

Best Demat Account With Lowest Brokerage in India 2025

#1. Zerodha Demat Account

thumbnail
Best discount broker in India
Zerodha

 

  • Fix Rs. 20 per trade on intraday trades
  • Zero brokerage on the stock delivery
  • Good customer support
  • Best charts and tools for technical analysis

Zerodha is the largest and most trusted discount broker with a user base of more than 1+ Crore. The biggest reason for Zerodha’s success is its customer support which is better than all other discount brokers. 

Zerodha charges a lower brokerage fee of 0.03% or Rs. 20 per executed order whichever is lower. You can save up to 90% as compared to other full-service stockbrokers if you trade in high volumes. The stock delivery trade is free at Zerodha. 

You will get a Kite trading platform with advanced charts, elegant UI and other tools for better technical analysis with Zerodha.   

Account Charges

  • Demat & trading account opening charges – Rs 0
  • Commodity account opening charges – Rs 0
  • Annual maintenance charges – Rs 300 per year

Zerodha Brokerage Charges

  • Equity Delivery- zero brokerage
  • Equity Intraday- 0.03% or Rs 20 per executed order whichever is lower
  • Equity Futures- 0.03% or Rs 20 per executed order whichever is lower
  • Equity Options-  flat Rs 20 per executed order

Zerodha Trading Platforms

  • Zerodha Kite 3.0 – A complete trading solution for the investors and traders that provides streaming price data, multi-market access, advanced charts and simple UI.
  • Kite by Zerodha Mobile App – A mobile app version of Kite 3.0 for a seamless trading experience, especially for the young generation (Android/iOS) smartphone users.
  • Zerodha Coin – A platform that lets you buy direct mutual funds online without paying any commissions.

Key Benefits of Zerodha

  • Delivery is totally free. No brokerage on delivery.
  • No minimum cap on brokerage per transaction.
  • Maximum brokerage charge capped to Rs 20 irrespective of transaction volume.
  • Provides margin upto 5 times for intraday MIS and Cover Orders (CO).

#2. Upstox Demat & Trading Account

thumbnail
Fastest growing stockbroker
Upstox
  • Free account opening & Zero AMC
  • Fix Rs. 20 per trade
  • Fast account opening process

Upstox is one of the best discount brokers in India due to cheap brokerage charges, and advanced technology platforms. 

Upstox charges a fixed brokerage of Rs. 20 per trade for intraday irrespective of the trading volume. You can save a good amount in brokerages when compared to other full brokers.

You will get the fastest & best online trading platform in India with Upstox which is the main requirement for trading. Upstox is offering Free account opening with zero AMC charges for a limited period.

Upstox Account Regular Fee & Charges

  • Upstox Demat and Trading Account Opening – Free (limited time offer) 
  • Upstox Annual Maintenance Charges – Zero (limited time offer) 

Upstox Trading Brokerage Charges 

TypeBrokerage
Equity DeliveryRs. 20 per executed order
Equity IntradayLower of Rs. 20 per executed order or 0.05%
Equity FuturesLower of Rs. 20 per executed order or 0.05%
Equity OptionsRs. 20 per executed order
Currency Futures & OptionsLower of Rs. 20 per executed order or 0.05%
Commodity F&OLower of Rs. 20 per executed order or 0.05%

Advantages of Upstox Trading Account

  • Free account opening with zero AMC
  • Great trading platforms
  • Fix & low brokerage irrespective of trade volume

What We Didn’t Like

  • Rs. 20 charges for delivery trade

#3. 5Paisa Demat Account

thumbnail
Best mobile trading app
5paisa
  • Zero charges on account opening
  • Fastest account opening process
  • Offers the best trading app that is easy to use

You can place a single trade worth crores and pay brokerage of just Rs 20 per trade with 5 Paisa.

You can use a 5Paisa mobile trading app for stock & F&O trading. 5Paisa mobile app is the best mobile app in India in terms of easy usability, user experience, and fast speed. 

You would get your 5Paisa account opened on the same day on submitting all the documents. If you are looking for the lowest brokerage demat account, then you go with 5Paisa. 

5Paisa Annual Charges Details

  • Rs. 25 per month – if holding value is above Rs. 10 lacs

5paisa account opening is FREE. 

Margin provided by 5Paisa

Trading SegmentMargins Offered
Equity intraday buy/sellUpto 5x
Equity F&O1x
Currency F&O1x
Commodity F&O1x

5Paisa Brokerage Charges

Rs. 20 per order on all type of trades (Delivery as well as on Intraday) and on all segments (Equity, Currency & Commodities).

5Paisa Trading Platforms

  • 5Paisa Trader Station Web – 5Paisa is for the low volume traders. The web-based platform gives easy access to portfolio, positions and holdings data.
  • 5Paisa Trade Station V2 – Trade Station V2 is a platform for high volume traders in need of a powerful interface and faster execution. You get a real-time market price, advanced charts with tools and past stock prices. 
  • 5Paisa App – The app is for trading on smartphones with easy access to markets and a great user experience. 

#4. Groww Demat Account Details

Groww Demat Trading account review

Groww is a popular mutual fund investment app. Groww has recently expanded into stock broking & investment platform. It is managed by Groww Invest Tech Pvt. Ltd.

1 Crore + users trust Groww for investments in stocks, mutual fund investments, IPOs, NFO and ETFs investment. Groww app also allows bil payment and small credits for 3 months to 5 years.  

You can open Groww Demat account if you are looking only for stock and mutual fund investment.

Groww Brokerage Charges   

  • Delivery Trades – Lower of Rs. 20 or 0.1% per executed order
  • Intraday trades – Lower of Rs. 20 or 0.1% per executed order
  • F&O trades – Rs. 20 per executed order

USP of Groww Demat cum Trading Account 

  • Stock & Mutual fund investment from same app
  • Offers small credits (loans) and allows bill payment from the app

The account opening is hassle-free, paperless, and online. You need to download the Groww app from Google Playstore or the Apple store to complete KYC.

Groww Trading Platforms

  • Mobile trading app
  • Web Browser trading platform

Both the platforms are secured using 2-FA authentication, fingerprint and PIN protection. You can access real-time market information on top gainers, losers and sector-wise indices. Use advanced charts, indicators and drawing tools.

What I Didn’t like –

  • Rs. 20 delivery trade charges
  • Commodity and currency trading options are unavailable

#5. IIFL Demat Account Review

IIFL Demat Account Review

IIFL Securities Ltd (IIFL) is one of the biggest full-service stockbroker with more than 25 Lakh customers. IIFL Demat account is good for investors who need guidance and research support while making investment decisions.

You would need to pay a percentage based brokerage for trading & value investing. IIFL offers 3 different brokerage plan which includes Investor plan, Premium plan and Super Trader plan.

Recently, IIFL has come out with iSERVE plan charging Rs. 20 per order for all the segments.

IIFL also offers value-added services which include 

  • Research advisory
  • Market & sector reports & Information
  • Options Trading Using Sensibull
  • Loan Products (Home, Personal, Gold, Against Property & Business Loan)
  • Mutual Fund Investment
  • Wealth & Financial Management
  • NRI ServicesInstitutional Equities & Investment Banking

You can open IIFL Demat account Free along with zero AMC charges for the first year. 

IIFL Account Opening Charges (iSERVE plan)

  • Account opening charges – FREE 
  • First-year annual maintenance charges – FREE (limited time)
  • Annual maintenance charges second year onwards – Rs 25 per month

IIFL iSERVE Plan Brokerage Charges

  • Stock delivery – Rs. 20 per trade 
  • Intraday, Equity F&O, Currency F&O and Commodity F&O – Flat Rs 20/trade

Benefits of IIFL Demat Account

  • Free account opening & zero first year AMC 
  • Lower brokerage charges as compared to other full-service brokers
  • Research reports on 500+ stocks, sector summary, daily stock tips and recommendations
  • Value-added services like IPO & mutual fund investment.

#6. Angel One Demat Account Review

Angel One Demat Account Review

Angel One (earlier Angel broking) is one of the oldest brokerage companies in India having 2 Crore+ users.

Angel One‘s customer care service is up to the mark. I recommend Angel One only if your Adhaar Card is linked with your mobile number.

You can complete your entire application online and start trading after validating your identity with Adhaar OTP.

Angel One Brokerage Charges

Angel One charges Rs. 0 brokerage for first 30 days up to Rs. 500. And then the normal brokerages apply – a flat Rs 20 per trade irrespective of the trade volume.

Brokerage Charges Across the Trading Segments

CategoryBrokerage Fee
Equity
Delivery
Rs 20
Equity
Intraday Trading
Lower of Rs. 20 per executed order or 0.03%
Equity F&O TradesRs. 20 per executed order
Currency F&O TradesRs. 20 per executed order
Commodity F&O TradesRs. 20 per executed order

Angel One Provided Trading Platforms

  • Angel One Trade – A web-based platform useful for portfolio tracking and online web trading. The platform provides up-to-date market information and live news. I use Angel One trade platform for transactions.
  • Angel One App –  Loaded with ARQ technology for personalized advisory. The app can be used to trade, view current market prices and track your portfolio.
  • Angel Speed Pro –  An installable software comes with 30 days intraday and 20 years historical data. The platform integrates news flash and gives access to various reports. 

Additional Services

  • Margin provided up to 5 times of the amount deposit
  • You can start trading within 1 hour through digital KYC
  • US Stock Market investment in partner with Vested Finance
  • Stock Advisory and Portfolio Management Services

Account Opening and AMC Charges of Angel One

  • Trading Account Opening Charges – Rs 0.
  • Demat Account Opening Charges – Rs 0.
  • Annual Maintenance Charges – Rs. 240 p.a payable quarterly

Best Demat Account for Small Investors

#7. Mirae Asset Sharekhan Demat & Trading Account Review

Mirae Assets Sharekhan Demat and Trading Account Review

Sharekhan is a full-service broker that includes trading, portfolio management, research and mutual funds along with investor education. Presently the company provides service from 4240 share shops across 1100+ cities to over 30 Lacs + customers.

Sharekhan is now Mirae Asset Sharekhan.

Earlier it was a part of BNP Paribas Group (Global European Bank). In December 2023, BNP Paribas sold it’s stake in Sharekhan to Mirae Assets Group and the acquisition completed in November 2024.

Account Charges of Sharekhan account

  • Trading Account Opening Charges – Nil
  • Demat Account Opening Charges – Nil
  • Annual Maintenance Charges – Rs. 400 per annum (1st year free)

Brokerage Structure

Trading SegmentBrokerage
Equity Intraday0.02% on both 1st leg and on the 2nd leg
Equity Delivery0.30% (min 1 paise per share)
Equity, Currency & Commodity Futures0.02% on both 1st leg and on the 2nd leg
Equity & Commodity OptionsRs 20 per lot on each side
Currency Option Rs 5 per lot on each side

Sharekhan Trading Platforms

A. Sharekhan Website

Sharekhan trading website has supportive features such as dashboard, smart search, portfolio tracker, charts, etc for trading, researching, tracking and investing.

B. Sharekhan Mini

Sharekhan Mini can be accessed on your mobile browser even in low internet access bandwidth scenarios. Sharekhan Mini does not require app installation.

C. Sharekhan App

Sharekhan App is available for both Android and iOS devices, facilitates trading and mutual fund investments on the go. The app provides assistance with charts and flexible search features.

D. TradeTiger

TradeTiger is a web-based, desktop trading platform that provides features of a broker’s terminal.

Benefits of Sharekhan

  • NIL account opening charges 
  • No annual maintenance charge for the first year
  • Sharekhan provides online & offline training workshops to investors
  • Free call & trade facility

Drawbacks of Sharekhan

  • Brokerage charges on the second leg.
  • The brokerage rate is higher as compared to other stockbrokers. But you can negotiate at the time of account opening.

#8. Religare Broking Demat Account Review

Religare demat &trading account review

Religare Broking is a wholly-owned subsidiary of Religare Enterprises Limited. Religare Enterprise is a diversified financial service group. Religare Broking serves more than 1 million customers across both online and offline platforms.

Religare broking offers services in equity, currency, commodity trading and depository participant services.

Account Charges

  • Demat Account Opening Charges – Nil
  • Trading  Account Opening Charges – Nil
  • Annual Maintenance Charges – Rs. 400 p.a. payable on a monthly basis

But there is an account processing charge of Rs. 500 (currently waived off) when you open a new demat account.

Note – You can avail of free lifetime AMC by paying either a one-time non-refundable fee of Rs. 1,999 or a refundable security deposit of Rs. 3000.

Religare Demat & Trading Account Brokerage Charges

Religare charges a percentage-based broking fee. You can negotiate brokerage charges while opening demat and trading account. Maximum charges (on website) are below –

  • Equity Intraday Charges – Maximum 2.5%
  • Equity Delivery – Maximum 2.5%
  • Equity F&O – Maximum 2.5% / Rs. 100 per lot

Advantages of Religare Broking

  • Religare broking provides a mobile trading platform to place orders anytime from anywhere.
  • Provides facility for investing in equities, derivatives, currency, futures, commodities and mutual funds through a single account.
  • Provides intraday reporting and historical charting.

Disadvantages of Religare Broking

  • Rs. 500 account processing charge.
  • Rs 10 per offline order with a maximum limit of Rs 50 per day per segment.
  • Religare charges Rs. 999 per annum for using EXE based desktop platform.

#9. Motilal Oswal Demat Account Review

Motilal Oswal Demat Account Review

Motilal Oswal provides a huge number of services such as private wealth management, retail broking, and distribution, institutional broking, asset management, investment banking, private equity, commodity broking, currency broking, principal strategies & home finance.

Motilal Oswal has more than 2500+ business locations in operation with over 40+ Lacs customers. Motilal Oswal’s solid research-based advice is the reason for such a strong customer base.

They spend around 10% of revenue on research and on hiring & training for research. I do my own research before buying any stocks, so their research calls are not helpful to me.

Account Charges

  • Demat Account Opening Charges – Rs 0
  • Trading  Account Opening Charges – Rs 0
  • Annual Maintenance Charges –  Rs 199 p.a (1st year free).

Motilal Oswal Brokerage Charges

SegmentBrokerage
Equity Intraday0.02%
Equity Delivery0.20%
Equity Futures & OptionsRs. 20 per lot
Commodity OptionsRs. 200 per lot
Currency F&ORs. 20 per lot

Motilal Oswal Trading Platforms

  • MO Trader Desktop EXE Trading Platform – A desktop-based platform that needs to be installed on your PC or laptop. The system provides access to over 31,000+ research reports across all asset classes.
  • MO Trader Web Platform – Where trading account can be accessed online easily with any browser on the web
  • MO Trader Mobile App – A mobile platform for smartphone users providing real-time data and trade execution.

Benefits of Motilal Oswal

  • Award-winning research advisory on 21 sectors across 31,000+ research reports covering 260+ stocks.
  • Lots of value-added services like portfolio management services, FD, Gold, US equities & Bond investment

Best Bank For Demat Account in India ( 3-in-1 account )

#10. ICICI Direct Demat and Trading Account Review

ICICI Direct Demat Trading Account Review

ICICI direct is one the largest stock brokerage company having more than 95+ Lacs customers. ICICI Direct provides a wide range of services and investment options which includes

  • Investment in equities, derivatives, mutual funds, IPO, NCD & bonds, ETF and currency.
  • Portfolio & Wealth management and NPS investment.
  • Home, Gold, Business loans & loans against securities.

Who Should Apply

  • If your trading volume is low then the ICICI Direct account is best for you.
  • If you have an existing ICICI saving account and want to invest in IPO and Mutual Funds.
  • You will get 3-in-1 account, i.e Saving + Trading + Demat account rolled into one
  • The 3-in-1 account offers easy to transfer in and transfer out money.

ICICI presently offers 3 types of brokerage plans

1) ICICI direct Prime – with access to premium research reports and instant payout through eATM for the shares sold. 

Prime plan in Rs.Equity Delivery Equity Intraday/ FuturesEquity Options per lotCurrency & Commodity F&O
299 p.a0.25%0.025%Rs. 35Rs. 20 per order
999 onetime0.22%0.022%Rs. 35Rs. 20 per order
2999 Onetime0.15%0.015%Rs. 20Rs. 20 per order
4999 Onetime0.10%0.010%Rs. 10Rs. 20 per order
9999 Onetime0.07%0.007%Rs. 7Rs. 20 per order

2) I-Secure Plan – Where a fixed percentage of brokerage is charged. 

Trading SegmentBrokerage
Equity Cash0.55%
Equity Intraday0.050%
Equity FuturesFirst Leg – 0.050%
Second Leg – Rs. 50
Equity OptionsRs. 95 per contract lot
Second Leg – Rs. 50
Currency F&ORs. 20 per order
Commodity F&ORs. 20 per order

3) ICICI Direct Money Saver Brokerage Plan – with lower fixed brokerage charges as compared to I-Secure plan.

Equity DeliveryEquity Intraday & FuturesEquity OptionsCommodity & Currency
0.29%0.029%Rs. 45 per lotRs. 20 per order

ICICI Direct Account Charges

  • Account Opening Charges – NIL
  • Annual Maintenance Charges – Rs 700 p.a. (1st year free).

ICICIDirect Trading Platforms

  • Trade Racer Web – A web-based platform with which you can do all the trading and investing activities. The web platform is accessible from any browser.
  • Trade Racer Desktop – Installable trading platform with features like live streaming quotes & research calls and an integrated fund transfer system.

If you want to compare ICICI Direct with Zerodha then you check side by side comparison of ICICI Direct vs Zerodha.

#11. HDFC Securities Review

HDFC Securities Demat Trading Account Review

HDFC Securities Limited is a subsidiary of India’s largest private bank HDFC Bank. HDFC securities provide a 3-in-1 account that integrates your saving account, trading account and the demat account.

Account Charges

  • Account Opening Charges – NIL
  • Account Annual Maintenance Charges –  upto Rs 750 p.a (1st year free)

HDFC Securities Brokerage

Trading SegmentBrokerage charged
Equity Delivery0.50% or minimum Rs. 25
Equity Intraday0.05% or minimum Rs. 25 for both buy & sell
Equity Futures0.025% or minimum Rs. 25 for both buy & sell
Equity Option1% or premium amount of Rs 100 whichever is higher applicable to both buy and sell
Currency FuturesRs. 12 on each side
Currency OptionsRs. 10 on each side
Commodity Futures0.020% or minimum Rs. 20 per order
Commodity OptionsRs. 100 per lot

HDFC Trading Platform

  • HDFC Pro Terminal – Pro terminal is a web-based trading platform with real time market data and features like market analysis and sentiment analysis. HDFC charges Rs. 1,999 for 12 months for the Pro terminal use.
  • HDFC Securities Mobile Trading – HDFC mobile platform allows trading in equities and derivatives in just a few clicks using mobile phones.

Benefits

  • Due to integrated accounts, funds can easily transfer from one account to another. Only helpful for HDFC saving account customers.

Drawbacks

  • If you are a new customer to HDFC,  then firstly you have to open a savings account.
  • Rs. 1,999 charges for using Pro trading terminal

Top 11 Demat Account Brokerage Charges Comparison in India

Demat Account Trading ChargesDelivery Charges
ZerodhaRs 20 per executed orderRs. 0
UpstoxRs 20 per executed orderRs. 20
GrowwRs. 20Rs. 20
5PaisaRs 20 per executed orderRs. 20
Angel OneRs 20 per executed orderRs. 20
IIFL SecuritiesRs 20 per tradeRs 20 per trade
Motilal Oswal0.02%0.20%
Sharekhan0.02% on both 1st leg and the 2nd leg0.30%
Religare BrokingNegotiable. Maximum 2.5%Negotiable. Maximum 2.5%
ICICI Direct0.007% to 0.050% depending on plan 0.07% to 0.55% depending on plan
HDFC Securities0.05% or min Rs.25 both buy & sell0.50% or min Rs.25

Which Account you Should Open and Why?

I tried to collect all the required information in a single article. Kindly let me know in the comments which account you are opening. For the best experience in trading, Open Zerodha account

if you already have Zerodha account and want to open another account, then open a FREE Upstox account 

Don’t spend much time deciding about the Demat accounts, rather spend more time on learning how can you make money from the share market and trading.

FAQs

What is a demat account?

A Demat or dematerialised account is where you keep your shares, bonds, mutual funds and ETF in an electronic form.

The Demat account is maintained by National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). And are available through depository participants (DPs). Most of the stockbrokers also function as DPs.

What is the difference between Demat and trading account?

Demat account is where you store your securities (shares, bonds, ETF and mutual funds) in electronic form.

Whereas, trading account lets you access live NSE & BSE stock markets where you can buy/ sell shares, F&O and other assets like bonds & mutual funds.

Which Demat account is best in India?

If you want to save brokerage charges and decent customer service then I would suggest you open an account with Zerodha.

How to open a demat account?

Visit the website of any of the DPs. Most likely, your existing stockbroker also provides DP services.

If you are new to share trading, then he will ask you to open a Demat cum trading account. You can do so online by –
-Signing on the website by providing an email ID and mobile number
-Apply for Demat cum trading account opening
-Provide details like name, date of birth, PAN
-Upload KYC documents
-Select plan, if any and the trading segment.

If you want to open only a Demat account then –
-Ask for a Demat account opening form
-Fill in the Demat application form
-Upload/ provide KYC details

How many Demat accounts can I open?

There is no restriction on the number of Demat accounts that you can open and hold in India.

Can I open multiple accounts with the same stockbroker?

No, you cannot open more than one Demat account with the same stockbroker on the same person’s name.

Which is the best Demat account in India for beginners?

If you want to start trading, then I would suggest to open Zerodha account.

Who provides the cheapest Demat account?

The demat account carries AMC charges ranging from Rs. 0 to Rs. 1000. Some stockbrokers offer lifetime free Demat accounts. But you may be required to pay a one-time fee or keep a deposit with them.

You should look at the brokerage charges and AMC charges in combination and then decide on the Demat account.

Can I transfer shares from one Demat account to another?

Yes. You need to fill up the Delivery instruction slip (DIS) available with your stockbroker for the number of shares that you want to transfer.

Your old stockbroker may ask for a Client Master report (CMR) of your new stockbroker. CMR is a certificate with details of your new DEMAT account opened with the new stockbroker.

CMR contains information such as name, address, DOB, bank account, nominations.

Which is the best demat account for senior citizens 70 years old?

Senior citizens are most likely to invest in bonds or hold shares of stable companies long term.
Zerodha is a good option that offers free bond investment and Rs. 0 charge on equity delivery.

I want to invest in MF and Share Market, which Demat account is best?

You don’t need to open a demat account for investing in Mutual funds (MF). It can be done by purchasing it directly from the MF House, online platforms like Scripbox or from stock brokers.
But for share market investment you need to open a demat account for keeping your shares safe. You can choose between Zerodha & Upstox demat account.

About Pardeep Goyal

I talk about saving & investing money. You would love my articles related to Credit Cards, Travel, Shopping, Tax Saving. I share transparently how I am making passive income from multiple sources online.

190 thoughts on “Best Demat Trading Account In India 2025”

  1. Hi..I am new to trading. I want to invest small amount of money for learning purpose as well as for future perspective. Can you tell me where to open the demat plus trading account with less account opening fee & brokerage?
    Is sharekhan is good and safe?

    Reply
  2. I am new to trading. I want to invest small amount of money for learning purpose as well as for future perspective. Can you tell which site i should be opening demat plus trading account with less fee.

    Reply
  3. how about opening DEMAT account with kotak mahindra bank ?? any advantages over other banks for future trading/ investment.. i have least knowledge in these

    Reply
  4. Hi Pradeep,

    One genuine query , I have Account in IDFC NRE & NRO.
    Now i want to open Demat Account, process is so complicated I have give up opening Demat Account .

    Please suggest some way and PIS Opening which bank is good because IDFC Currently not offering PIS account which is mandatory for NRI Demat account.

    Thanks in Advance.

    Reply
    • Based on where you reside and your citizenship status, there are several Foreign Mutual Funds that have their investments in shares listed on BSE. You may want to use that route to invest in the Indian Markets. If your parents or even grandparents are of Indian origin, then you can open an NRI account and start investing through the PIS facility granted by the Reserve Bank of India, available through most banks.

      Reply
  5. I am a person who want to buy buy stocks and hold them for a long time i.e. for years to come. Which is best broker who charges less for this type of investing

    Reply
  6. Sir, i want to buy buy stocks and hold them for a long time i.e. for years to come. Which is best broker who charges less for this type of investing

    Reply
  7. Hi sir
    I want to subscribe IPOs and sell in intraday or in short term as i look for LISTING GAINS

    So can i open demat with one and trading account with other

    Or suggest me the best broker for both trading and demat with minimum charges

    Reply
  8. Hi Pradeep,

    I am working in Abu Dhabi and want to start on line trading. Kindly suggest me the best platform which will give best service with minimum brokerage charges,
    guiding with latest research reports.

    Reply
    • I tried to capture the best demat accounts in India. The lowest brokerage is provided by 5Paisa in India and they have decent service as well.

      I suggest you to open the account with top 3 companies and compare their services. Do you own research and follow research reports from all analysts. Don’t depend on the advice of single company.

      Reply
  9. Hi, i want to buy shares and hold it for long time and i am not be doing trade regularly. So which demat account will be good for me.

    Reply
  10. I have to open a trading account.. I have already a Demat account. I have to sell IPO shares. which trading company should i prefer?? I am not a regular trader.. I have to deal with IPOs only.

    Reply
  11. Hi Pardeep
    I am new to stock market i want to open demat account but little bit concern in my mind about POA. Is it mandatory or safe ?

    Reply
    • Ritesh… POA authroizes your broker to trade through your demat account on your behalf to deliver shares and settlement of funds. It also enables automatic collection of margin payments. However, POA is not mandatory.

      Reply
  12. Hi Pradeep, presently I have demat acc with Karvy due to the present issue though of shifting to other demat broker. Is it possible now to do and also suggest me to which broker would be better.

    Reply
  13. Hi pradeep i open account with ipo as well as intraday facility with minimum charges so please tell me which is secure and better.

    Reply
  14. I am new investor and don’t know much about share market. I am looking for demat account with minimum AMC and transaction charges as I am not sure how much I would be investing. Please suggest a suitable account.

    Reply
  15. I’m using axis direct however I feel it’s much cost hence how can I transfer my hold shares to any new opening account of upstox or Zeroda

    Reply
  16. I am new investor and don’t know much about share market. I am looking for demat account with minimum AMC and transaction charges as I am not sure how much I would be investing. Please suggest a suitable account.
    Also let me know the minimum amount required to start trading.

    Reply
  17. I want to open a demat account with IPO purchase facility and hold share for long time with minimum investment of rs. 10000. Kindly suggest which demat account suits me.

    Reply
  18. Hello Pradeep,

    I am new to stock market and learning now through youtube videos. I want to open with either upstok or zerodha. Which one is easier to open. This is a very good blog for beginners, all info is packed in one place.

    Regards
    Vinender

    Reply
  19. For Demat Trading I’ve preferred to go for Motilal Oswal and its working quite very well. Should I continue with the same…

    Reply
  20. How can we change PIS from one broker to other being an NRI?I want to change from yes securities to hopefully a better one after deciding from your article

    Reply
    • If you link your icici demat account with Zerodha, you can do intraday trading but for all the delivery based Shares, you have to sell through your default demat account provider and their brokerage charges will be applicable.

      Reply
  21. Hello
    Which service provider has best mobile trading account — means best and easiest user friendly in operation.

    Please update

    Reply
  22. Did you mean we can’t buy IPOs using UpStox Demat or trading account?
    I am newbie…could you explain the drawback you mentioned for UpStox…
    I am plaing to take either UpStox or Zerodha., What you suggest for long term investments and occasional trading?

    Reply
  23. I want to invest 2000 rs monthly
    Because I am a bigginer .
    Should I invest and which broker I should prefer please suggest

    Reply
  24. Thank you so much for elaborated explanation. Will surely help me in deciding which one is best and also I learnt so many new terms here. Thanks again!!

    Reply
  25. Hi Pradeep, have you checked Finvasia ? They are a great and cost effective as they offer zero brokerage trading in all segments.

    Reply
  26. Hi. I am an NRI. looking at doing *Equity* SIP of 1L per month across stocks and ETFs. Which is the cheapest platform to do it.

    Reply
  27. Hi, thank you so much for this informational article. But I would like to suggest one more online trading platform binomo.com. It is one of the best platforms I have used. It is fairly easy to use, making withdrawals is also very easy. Plus it gives you a demo version in which you can practice your trading strategies. I would highly recommend Binomo.com for all your trading needs.

    Reply
  28. Dear Pardeep Goyal,
    Could you please me know which trading account best for short selling and for long term investing ?

    Reply
  29. Thank you very much for the detailed information. It was really helpful. I would like to start my investment as a small investor/trader amounted to less than rs.10000. with your provided data I think zerodha will be most suitable. Kindly give your opinion on this.

    Reply
    • Any account is good for ELSS.

      5paisa/Zerodha are paperless account opening process, while for others you have to sign a lot of documents.

      You can choose based on your preference.

      Reply

Leave a Comment

Save Upto 90% on brokerageOpen FREE Demat Account Now