There are many such companies in India that provide the facilities of Trading Account and Demat Account at very low cost.
For investing or trending in the stock market, it is necessary that you have a better demat account, in which you have –
- Low Fees
- Easy Process
- Super Security
- Strong Support
- User Friendly Dashboard
etc. should be available.
Keeping all these things in mind, below is a list of some of the best Demat Accounts, out of which you can start investing in Share Market by opening any good Demat account.
See, if we talk about the best Demat Account, then here two accounts are the best –
If we talk about my personal experience, then I have been using Zerodha for almost 2 years and believe me – according to me, there can be no better demat account than this.
I have also tried many other Demat like Upstox and 5Paisa but both of them also lag behind Zerodha in one way or the other.
Therefore, based on my experience, if anyone has a demat account, then it is Zerodha.
And if you want to open your account in Zerodha then you can open account in just 15 minutes by visiting this link – Open Zerodha Account
1. Zerodha
Zerodha is India’s largest discount broking service provider financial service company.
If seen, Zerodha is the best platform from small to big investors –
Benefits of Zerodha
- Zerodha offers margin facility ranging from 4 to 10 times.
- There is no charge of any kind on trade delivery in this.
- There is also a 60 Day Challenge, which can be taken advantage of.
- More than 15 lakh traders and investors are associated with Zerodha.
- Zerodha website proves to be helpful even on low internet speed.
- Brokerage rate is also less than Per Transaction (0.01% or Rs 20).
- On an average, more than 10 thousand crore transactions are done on Zerodha every day.
- It also has a Mobile App, with the help of which you will be able to do trading easily.
Account & Brokerage Fees
| Delivery/Trading | Charges |
| Trading Account Opening | ₹ 0 |
| Trading Account Maintenance | ₹ 0 |
| Demat Account Opening | ₹ 300/- |
| Demat Account Maintenance | ₹ 300/- |
| Equity Option | ₹ 20 Per Trade |
| Equity Inter Trade & Futures | ₹ 0 |
| Actual Equity Delivery | ₹ 0.01% of Value or 20 Per Trade Which is Lower |
To open an account in Zerodha Demat Account and know the complete process, visit the given link.
2. Upstox
Upstox has made its place in the market by giving excellent performance in the last few years, that is why it is placed second after Zerodha.
Let us see what is in it –
- Upstox allows trading with very low cost.
- There is a turnover of more than 5000 crores every day.
- In this, you can easily open an account within 1 to 2 days.
- Talking about technology, Upstox is the best, which gives a good experience to a user.
- Hold time of only 30 seconds has been kept in Customer Support. So that all the problems of the customer can be solved immediately.
Account Opening Charges
| Delivery/Trading | Charges |
| Trading Account Opening | ₹ 300 |
| Trading Account Maintenance | ₹ 0 |
| Demat Account Opening | ₹ 0/- |
| Demat Account Maintenance | ₹ 300/- |
Talking about brokerage, equity delivery is absolutely free and for intraday trading, 0.01% or 20 per order whichever is less.
So overall this is also a good demat account, you can open your Demat account in Upstox by visiting the link given below.
3. 5Paisa
- 5Paisa is also a good option to open Demat Account.
- It is different from everyone because it is very easy and low cost demat account.
- In Five Paisa, you get the first 5 Transaction Free.
- 10 rupees per transaction is charged on every transaction, irrespective of the amount of your transaction.
- There is no cost of account maintenance in the first year, it is absolutely free.
- You can also invest in Mutual Fund from the same account and can also buy insurance.
- Also, it takes 2 years for Account Maintenance Fees of Rs.400/-.
- In this Demat Account can be started with Fees of only Rs.650/-.
- It has two types of terminals which are convenient for different customers.
Brokerage & Margin
After brokerage, if there is any kind of transaction in 5Paisa, you can trade with ₹ 10 Per Transaction Fees.
Whereas in margin you get 15 times margin in Equity Intraday and 5 times in Equity Delivery. In all the remaining trades, you get a margin of up to 2 times.
If seen, this is a Demat Account giving very good services and very little transaction charge is charged in it as compared to any other Demat Account.
But its Customer Support and Dashboard is not so user friendly, that is why it has been placed at number 3.
If you want to open an account in 5Paise, then go to the link given above.
4. Sharekhan
Sharekhan is established in February 2000 and its headquarter is located in Mumbai.
Today it has more than 2600 branches in 575 cities across India and handles more than 12 lakh customers with more than 4800 employees.
There are two types of accounts in Sharekhan –
1.Classic Account – This is an online trading account which is very useful for general investors and derivatives. and the other is
2.Trade Tiger Account – Mainly for those traders who actively do Daily Trading.
- Sharekhan Account Charges
- 0 rupees for opening a trading account.
- Demat Account Opening Charges Rs.0 and Rs.
- Annual Account Maintenance Expenses Rs 750 per annum.
Brokerage Fee Structure
- Equity Futures 0.1%
- Delivery 0.5% (Minimum 10 paise/share)
- 0.1% on intraday trading (minimum 5 paise/share)
- Equity Options Rs.100 per lot and premium or 2.5% whichever is higher.
This is also a good demat but due to some drawbacks in it, it has been kept at number 4.
5. Angel Broking
Angel Broking is the oldest brokerage company in India till date – which has its network branches in more than 900 cities in India.
Talking about today, this company alone is providing financial service to more than 10 lakh customers in broking. Allover is also a good company, you can choose for yourself by looking at its service and charges –
Services of Angel Broking
Angel Broking App
It also has a mobile app with the help of which you can easily track your portfolio by observing the current market conditions, prices and changes.
Angel Eye
It is a good platform to track and update information of portfolio in the market. It also provides all the information of Up to Date market and Live New.
Margin – Angel Broking offers margin facility up to 10 times the amount deposited by you.
Trading & Advice – You can start your trading via digital KYC within 1 hour and also you will be provided with free SMS advisory service for the first three months.
Account Opening Charges
To open a Trading Account – Fee Rs.0/-
For Demat Account Opening – Fee Rs.0/-
Annual Maintenance Fees
10,000 to 24,999 on Angel Classic trading – Rs 450 per annum.
Angel Broking Preferred
There is no maintenance cost in the first 1 year on trading of Rs.25,000 to 49,999 in India and Rs.450 per year after that.
And there will be no maintenance charges for trading 50,000 to 99,999 for the first 2 years and Rs 450 every year thereafter.
Also in this Rs. For trading of 1 lakh or more – No AMC charges for the first 3 years and Rs 450 per annum thereafter.
6. Religare
Religare Securities Limited is a financial service group providing services to more than 8 lakh people on both online and offline platforms.
You can choose for yourself by looking at its charges and services.
Benefits of Religare
- In RSL, you will be able to invest in Equity, Derivatives, Currency, Futures, Commodities and Mutual Funds all through one account.
- It provides you with a mobile trading platform, with the help of which you will be able to trade anytime and from anywhere.
- And also provides you the facility of Historical Chart along with Intraday Reporting.
Account Charges
- Trading Account Opening Charges Rs. 0
- Demat Account Opening Charge Rs. 0
- Demat Account Maintenance 1st Year Free (Rs. 500 Yearly)
- Intraday Charges 0.05%
- Delivery 0.50%
7. Aditya Birla
You must have heard the name of Aditya Birla many times – this financial service company brings more benefits with very low charges.
In this the demat account expenses are also less and the margin is also manifold –
Account Opening Fees
- To open Demat Account Rs. 0 is charged.
- Rs 450 annually for Demat Account Maintenance.
- The charge for opening a trading account is Rs. 750 and
- The charge of Trading Account Maintenance is also Rs. 0 Rs.
Margin Provided
- 4x on Commodity.
- 5x on Equity Delivery.
- 15x on Equity Intraday.
- 3x on Currency Futures.
- There is 3x margin on Equity Futures.
- Intraday Selected Nifty Script – 40 times
Brokerage Charges
8. Kotak Securities
Kotak offers you a demat account that will allow you to easily invest in equity, mutual funds and currency derivatives.
With this, certificates of shares, bonds, securities, mutual funds and exchanges will be able to keep all the certificates in one place. This is a very useful and friendly Demat Account mainly for Traders and Investors.
Kotak Demat Benefits
Kotak Securities provides 4 types of trading platforms to its investors as per their requirement.
- Its share trading website which can be accessed from anywhere and investors can use it even with slow internet speed.
- Kotak also provides a mobile app through which to execute trades, monitor portfolio, view streaming quotes and intradate charts.
- It facilitates investors through more than 1400 branches.
- Kotak offers many investment options. It also provides online chat facility to its customers along with the facilities of SMS alerts, market points, periodical reports etc.
Account Opening Charges
- Fees for opening Demat Account Rs.0.
- Demat Account Maintenance Charge Rs 600 per annum.
- Trading Account Opening Expenses Rs. 750 more.
- Trading Account Maintenance Expenses Rs. 0 Rs.
Other Charges
