Best Demat Account in India

9 Best Demat Account In India with Head To Head Comparison

Maybe you are looking for best Demat account in India but you are confused which Trading account is best for you.

I started investing when I was in my 2nd year of Engineering. At that time, I have also wondered what a Demat Account is? And how I can choose the Best Demat account.

Thanks to my classmate. He suggested me Zerodha as a broker for Demat account opening. By luck, I choose the best Demat account provider in India.

But after some time when I involved too much in share market activity and started using other Demat accounts, I found some other best Demat account who charge zero brokerage on delivery. 

Some Trading account provides you with free research of companies and some stock price prediction. Some are best in terms of brokerage and some have discount brokerage packages for extra saving.

Choosing Right Demat account for your investment is one of the most important steps. It can save lots of brokerage charges for you.

In today’s post, I will share my 11 best Demat accounts in India. I will share all the basic advantages, disadvantages, account opening fees and brokerage charges for Demat account one by one.

But before staring and analyzing the different type of Demat account, let see a basic difference in between Demat account and Trading account.

Page Contents

Different Between Demat Account and Trading Account

Before I started investing in share market I though Demat and trading account are the same terms. Most of the people also believe Demat and trading term is used for an account which is used for investment in the share market.

But the truth is both are 2 different types of account. They have a different use.

Demat Account:

Demat account is short term of a demilitarized account which is used to hold your shares.

In past, shares are distributed in the form of certificates. For every share, you will get certificates. But buying and selling Certificates on papers every day in share market is too tough.

So, they started Electronic Account for your shares. Now in India Demat account is mandatory for holding shares. If you still have Certificates of shares then you need to convert that in demilitarized form and after that you can buy and sell that share again. 

In India, we have many Demat account providers like Zerodha, upstox, ICICI Direct, 5paisa etc.

Trading Account:

You hold shares in Demat account but you need to buy and sell that shares. For that purpose, we need a different account. Trading account help to buy and sell Digital shares from your Demat account.

I hope, now you have clarity in between Demat and Trading account. So, let see Different Types of Demat account in India.

9 Best Demat Account in India

1. Upstox Demat Account Review

You can save lots of money with Upstox if you invest frequently. Upstox charge zero brokerage for delivery order.

If you are looking for intraday trading and need high margin than Upstox is the best option. Upstox is the best low cost brokering first in India. The best part is Upstox is backed by Mr Ratan Tata sir.

In Upstox you will get margin up to X25 in a paid package and up to X20 margin in a free package.  Upstox is also a member of BSE, NSE, MCX and MCX-SX.

The multiple product investment makes Upstox perfect. With the help of Upstox Demat account you can invest in:

  • Equity
  • Cash
  • Futures
  • Options
  • Currency
  • Commodity

Upstox provides you with the feature of investing in mutual funds also with their trading platform directly.

Upstox Account Fee and Charges:

  1. Account Opening Fee:
  • 249 Rs Plan: Get Brokerage Credit worth of 400.
  • 499 Rs Plan: Get Brokerage Credit worth of 1000.
  • 999 Rs Plan: Get Brokerage Credit worth of 2500.

If you use our link for account opening than this charge will be waived off and don’t need to pay anything for account opening.

  1. Monthly Maintenance Charges of 25 Rs for Demat Account.
  2. 100 Rs will be extra charged if you send your document in the physical format during account opening to the Upstox mailing address.

Upstox Brokerage Charges:

Order Type Brokerage Charges
Equity Intraday 0.01% of order or 20 Rs whichever is low
Equity Delivery Free
Equity Future 0.01% of order or 20 Rs whichever is low
Equity Delivery 0.01% of order or 20 Rs whichever is low
Commodity future and Options 0.01% of order or 20 Rs whichever is low
Currency Future and options 0.01% of order or 20 Rs whichever is low

Upstox Margin

For Intraday Orders

Segment Basic
NSE/BSE Cash 15x
Index Futures 3x
Stock Futures 3x
Index Option Sell 3x
Stock Option Sell 3x
NSE Currency 4x
MCX Future 2.5x

For CO/OCO Order

Segment Basic
NSE/BSE Cash 20x
Index Futures 20x
Stock Futures 5x
NSE Option Buy 1.33x
Index Option Sell 3x
Stock Option Sell 3x
NSE Currency 4x

What I like about Upstox Demat Account

  • High Margin and Low Brokerage Charge
  • Free Account opening if you use my link
  • Free Equity Delivery
  • Option for investment in Mutual funds
  • Big investors like Mr Ratan Tata sir.
  • 3-in-1 Account Feature

What I don’t like about Upstox Demat Account

  • No direct investment option in IPO and FPO
  • No investment strategy or company research provided

Conclusion: Upstox is one of the best Broker in India. We recommended you to open your Demat account in Upstox.

2. 5paisa Demat Account Review

Recently I started using 5paisa and I am loving it. I have written my experience of using 5Paisa Account for more than a year.

The biggest thing which Differentiates 5Paisa from other broker is lowest brokerage charge. 5Paisa Provides paid package where only 10 Rs per order of brokerage charge is charged irrespective of the volume of order.

The seamless Account opening process of 5Paisa is very attractive. All document you have to submit online and within a day you Demat account will be opened.

5Paisa also provide different type of strategies and companies research. You will get a different type of fundamental and technical research of the different type of stocks and their future prediction value with 5Paisa Demat account. this feature is very useful if you are just starting your investment carrier and you want to play safe.

Current 5Paisa offer following services on their Demat account:

  • Online trading platform
  • Mutual funds
  • Insurance
  • Robo advisor: fully automated personal finance advisor
  • Algo Trading: Automated Trading decision and execute your strategies
  • Paperless & Instant Loan Disbursal

5Paisa Account opening Fee and charges:

  • Account opening Fee: Free
  • Demat account opening fee: 650 Rs (One time)
  • Trading Account maintain charges: Free

If you use my link to open your Demat account then this account opening fee will be waived off.

5paisa Brokerage Charges:

SegmentCharges (Free Plan)Charges (Platinum Plan)Charges (Titanium Plan)
Brokerage Equity Intraday20 Rs. /Per Order10 Rs. /Per OrderFree
Brokerage Equity Futures20 Rs. /Per Order10 Rs. /Per Order10 Rs. /Per Order
Currency Future20 Rs. /Per Order10 Rs. /Per Order10 Rs. /Per Order
Currency Option20 Rs. /Per Order10 Rs. /Per Order10 Rs. /Per Order
Equity Future20 Rs. /Per Order10 Rs. /Per Order2 Rs. /Per lot
Equity Option20 Rs. /Per Order2 Rs. /Per lot2 Rs. /Per lot
Also, see:  HDFC Securities Review 2020 | Things You Should Know Before Investing

5Paisa Margin and other Fee Structure

Flat FeeRs. 20/ OrderEquity Options Rs. 2/lot,
Others Flat Rs. 10/order
Equity Delivery FREE, Equity Options Rs. 2/lot,
Others Flat Rs. 10/Order (Rs. 1000 FREE/month)
DP MaintenanceRs.45/ traded monthFreeFree
DP Transaction chargesRs. 25FreeFree
Net Banking Charges Pay In10
Call Trade ChargesRs. 100/ callFreeFree
Direct MF Investment
Intraday ResearchNot AvailableFreeFree
Smart InvestorNot AvailableFreeFree
Swing TraderNot AvailableFreeFree
Intraday ExposureUpto 3.5 x5x5x
Option writing Exposure2.5x5x on normal & 10x on expiry5x on normal & 10x on expiry
Square Off Time1970-01-01 15:10:001970-01-01 15:20:001970-01-01 15:20:00

What we like about 5paisa Demat Account

  • Multiple Investment options Mutual funds, bonds etc.
  • Option to apply for IPO
  • Different type of insurance available
  • Market research data is available
  • Easy to use mobile trading application
  • Lowest brokerage Charges

What we don’t like about 5Paisa Demat Account

  • Monthly Subscription for a discount in brokerage and research data
  • 3-in-1 Account feature is not available
  • The brokerage of delivery order

Conclusion: 5paisa is one of the best Discount brokers in India. The User-friendly mobile application is best for beginners. Yes, we highly recommended 5Paisa for Demat account.

3. Zerodha Demat Account Review

I am one of the luckiest persons because I started my investing carrier by opening my first ever Demat account with Zerodha. Not everyone is so lucky.

Zerodha is best when it comes to best Demat account In India. Zerodha is the biggest online discount broker in India. Before Zerodha every one is charging too much for brokerage.

But Zerodha started zero brokerage service which helps Zerodha to become a second-best broker in India.

You can buy shares worth of crore with only 20 Rs as a brokerage charge. And if you use delivery order than zero brokerage will be charged for your order.

You can invest in the following segments using Zerodha Demat account:

  1. Equity
  2. Commodity
  3. Future and Options
  4. IPO
  5. Currency
  6. Bonds and Govt. A scheme like Sovereign Gold Bond

Currently, more than 15% of Indian traders use Zerodha for trading. Personally, Zerodha is my personal favorite. If you need you can read a full review about Zerodha here.

Zerodha Account opening Fee and charges:

Type of account Equity (for trades on Equity, F&O and Currency) Equity (for trades on Equity, F&O and Currency) and Commodity (MCX)
Online account ₹ 200 ₹ 300
Offline account ₹ 400 ₹ 600
NRI account (offline only) ₹ 500 N/A
Partnership, LLP, HUF, or Corporate accounts (offline only) ₹ 500 ₹ 800

Zerodha Brokerage Charges

When it comes to brokerage Zerodha is best. Here are brokerage charges are taken by Zerodha.

For Equity:

Zerodha ChargesEquity deliversEquity IntradayEquity futures
BrokerageZero Brokerage0.03% or Rs. 20/executed order whichever is lower0.03% or Rs. 20/executed order whichever is lower
DP Transaction chargesRs. 25FreeFree
Net Banking Charges Pay In10
Call Trade ChargesRs. 100/ callFreeFree
Direct MF Investment
Intraday ResearchNot AvailableFreeFree
Smart InvestorNot AvailableFreeFree
Swing TraderNot AvailableFreeFree
Intraday ExposureUpto 3.5 x5x5x
Option writing Exposure2.5x5x on normal & 10x on expiry5x on normal & 10x on expiry
Square Off Time1970-01-01 15:10:001970-01-01 15:20:001970-01-01 15:20:00

For Currency:

Zerodha Chargers Currency Futures Currency Options
Brokerage 0.03% or Rs. 20/executed order whichever is lower 0.03% or Rs. 20/executed order whichever is lower

Commodity Charges:

Zerodha Chargers Commodity Futures Commodity Options
Brokerage 0.03% or Rs. 20/executed order whichever is lower 0.03% or Rs. 20/executed order whichever is lower

Zerodha Margin

The only disadvantage of using Zerodha is they provide very less Margin as compare to other brokers.

You can calculate the margin provided by Zerodha using the online calculator of Zerodha.

What I like about Zerodha Demat Account

  • User-friendly trading platform
  • Lowest Brokerage
  • Option to invest in IPO
  • Delivery of equity is free
  • Best Charting Tool

What I don’t like about Zerodha Demat Account

  • Charges for account opening
  • Low Margin as compares to other brokers
  • Server down issue during peak hours
  • No Market research provided
  • 3-in-1 Account is not available

Conclusion: No doubt Zerodha is best but if you are looking for high profit for intraday order than 5paisa and Upstox is much better than Zerodha. Also, the account opening process takes more than 4 days. I have to keep Zerodha at 3rd number because they charge account opening fee.

4. ICICI Direct Demat Account Review

Zerodha is at the second number when it comes to the best broker.

Do you know who is at first?

Yes, correct ICICI Direct is India’s number one online broker with more than 37 Lakh traders on their platform.

In 2000, ICICI bank started its online stock brokering farm. Many traders like me trust ICICI Direct just because they have a strong backup of ICICI bank.

I like ICICI bank because they provide lots of research data about companies and their initial target. You will also get a 3-in-1 Banking feature with ICICI direct.

You can invest in equity, indexes, bonds, IPO, government schemes, Gold schemes, Mutual funds and many others using ICICI direct.

ICICI Bank also provides prepaid plans to save extra brokerage charges. You can buy the Prime plan which has many Primum useful feature.

Following are key features which you will get in ICICI Direct Demat account:

  • Convivence and easy to use
  • Rich Content Data
  • Speed and Time
  • Trust
  • Tracking and review
  • Security
  • Wide range of product
  • Call-n-trade
  • Premium Brokerage plan

ICICI Direct Account opening Fee and Charges

ICICI Direct Charge 700 Rs /- per year for Demat account maintenance. Other than this they do not charge any fee. Account opening fee for ICICI Direct is free. 

ICICI Direct Brokerage Charges

ICICI Direct Charge 25 Rs /- per order irrespective of order Type. But they have 3 Premium Plans for brokerage.

  • I-Secure Plan: Different brokerage charges with respects to segment in which order is place.
  • Prepaid brokerage plan: the cost of Prepaid brokerage plan: start from 10,000 to 3,00,000 according to user need. Here you can buy brokerage in advance with the time validity of 15 years.
  • ICICI Direct Prime Plan: you will get a 50% discount on brokerage charges. Also, instant payout feature is available in Direct prime plan.

You can check your ICICI Direct review post where we explained all brokerage charges with plan wise, one by one.

What I like about ICICI Direct Demat Account

  • Most Trusted Broker
  • Market Research and Target for shares provided
  • Premium plans for saving brokerage
  • Rich content data, User-friendly dashboard
  • 3-in-1 Demat Account
  • Advance charting tool
  • Option to invest in IPO

What I don’t like about ICICI Direct Demat Account

  • Charges on delivery order
  • High Brokerage Charges

Conclusion: Although the brokerage charges are taken by ICICI Direct is high as compare to Zerodha and Upstox, but the account is worth of paying because Many extra features provided by ICICI bank. Yes, we strongly recommend ICICI Direct for Demat account.

5. HDFC Securities Demat Account

When it comes to Banking service how we can’t forget India’s number one Bank. HDFC Severities is a subsidiary company of HDFC. Just like ICICI bank, HDFC also started their Brokering service.

With the help of HDFC Securities, you can invest in Stocks, Funds, government bonds, Mutual funds, Gold schemes, IPO, ETF, Fixed deposit, Currency derivatives and many other things.

E margin feature makes HDFC as a best Demat account provider in India. I like this feature a lot. With the help of E Margin, you Buy 30%-60% cost of extra shares for T+275 Days.

 In 2018, HDFC Securities won 5 big awards:

  1. Most attractive Brands in retail broking.
  2. Most ethical company in finical service award by world CSR Congress.
  3. Winner of Economic time BFSI Innovation Tribe award
  4. Retail Broker of the year
  5. Winner of Digital Excellence in insurance/financial service

Using HDFC Demat Account you can invest in

  1. Invest in Life Insurances
  2. Invest in Ideas
  3. Invest in Fixed Income
  4. Reports of all orders and activity by segment-wise
  5. Know your limits
  6. Invest in real state
  7. Invest in Jewelry

And many more which I covered in my HDFC Securities Post. Make sure you check that post for more information.

HDFC Securities Account Fee and Charges

  • HDFC Trading account opening charges 999 Rs.
  • HDFC Trading account maintains charges: Free
  • Demat account opening charges: Free
  • The Demat account maintains charges: 750 Rs. (not applicable for the first year).

HDFC Securities Brokerage Charges

HDFC Charge Minimum 25 /- Rs per order irrespective of order type. They have a different type of brokerage depending upon segment.

 It is not possible to tell each brokerage charges in this post. We have already covered Each type of brokerage charges taken by HDFC Securities in HDFC Demat account review post.

HDFC Securities Margin

HDFC Securities have not shared any fixed margin charges which they take on their official website.

But the Basic different between Cash, intraday and E-Margin can be understood by the following table:

Cash Intraday E-margin
1. Require to hold funds equal to the full order value. 1. Margin required 30% – 60% (depending on the scrip) of the order value. 1. Margin required 30% – 60%* depending on the scrip.
2. Delivery based transaction settled on T+2 day. 2. Same day Square off/converts to a delivery transaction. 2. The transaction can be squared off /converted to delivery till T+275.
3. Short Sell is allowed. 3. Short Sell is not allowed.

What we Like about HDFC Securities Demat Account

  • Market research data available
  • 3-in-1 Demat Account
  • High Margin with E-Margin feature
  • Market Research data and Stock price prediction freely available
  • Lots of option for investment

What we Don’t Like about HDFC Securities Demat Account

  • High Account fee
  • No Margin calculator available on the website
  • Advance Charting tool is not present
  • Complex Dashboard for new users.

Conclusion: E-Margin feature makes HDFC Securities as one of the Best Broker in India. If you want to invest in multiple places than HDFC is one of the best options. But the High account fee and Brokerage charges made me place HDFC at number 5th position in this list.

6. Angel Brokering Demat Account Review

Old is gold.

Angel Broking started its service in 1987. At that time many brokers have not started their company yet.

Angel broking is awarded as Major volume driver from last 5 year. The high-tech team of Angel broking created Best Trading terminal application which is supported on almost all device.

Angle booking has more than 1.4 million active users on their platform with 1 million app download on play store.

Currently, Angle broking is serving in more than 900 Cities and has all India presence.  They also offer lifetime Free Demat account opening with free movie tickets (T&C Applied).

They also have many applications for investing namely gel Swiftland, Angel Eye, Angel SpeedPro, and Angel Lite.

Angel Brokering Demat Account Fee and Charges

  • Account opening fee: Nil
  • Annual Maintenance Charges: Free for the first year, 699 Rs from second year onwards

Angel Broking Brokerage Charges

  • Delivery Order: 20 Rs per order
  • Delivery order: Free
  • Future, EQ, COM, CUR: 20 Per Order
  • Option EQ, CUR: 50 Rs / lot

Angel Broking Margin

In angle broking Margin is not predefined. This is the biggest drawback of using Angle broking service. You can not calculate Margin limit which You will get with Angle Demat account in advance.

What we like about Angle Broking

  • Advance charting tool with User-friendly Dashboard
  • Low brokerage
  • No cost for account opening
  • Oldest and trusted Broker in India
  • Free research analysis provided by a team

What we don’t like about Angle Broking

  • Upfront calculator for Margin is not available
  • The brokerage rate is fixed irrespective of Volume of trade. It is not good if I buy a smaller number of shares like less than 20.

Conclusion: if you are looking for a trusted broker than angle broking is one of the safest brokers presents in India. If you are a frequent investor, who invest a small amount of money at a time and want to save brokerage charge than Angle broking is not good for you.

7. Sharekhan Demat Account Review

Just like Name sharekhan is one of the premium stock broker established in 2000.

Sharekhan provide lots of investing tutorial videos and courses for free. They believe in education first policy.

They have sharekhan Classroom service where they provide live session to their customers and teach investing. They also have mostly prerecorded premium course.

Currently, sharekhan have all over world presence with branches in UAE and Oman.

They have a Financial Fitness Program where they target corporate individuals for their platform. Currently, more than 2500 working professionals are joined sharekhan.

Currently, they offer 2 types of accounts:

  1. Classic Account: Classic account is best suited for induvial investors who invest not so frequently.
  2. Trade Tiger Account: this account is best suitable for active traders.

Sharekhan is the only broker from our list who provides free call-n-trade service to their customers.

Sharekhan Account opening Fee and Charges

  • Demat Account Opening Charges: free
  • Trading account opening charges: in between 250 Rs and 750 Rs.
  • Annual Maintenance charges: 400 Rs. (Free for First Year)

ShareKhan Brokerage Charges

Segment Brokerage charges
Equity intraday 0.1% Per Order (min 5 Paise/Share)
Equity Delivery 0.5% (Min 10 Paisa/share)
Equity futures 0.10%
Equity Options 100 Rs per lot or 2.5% on premium

ShareKhan Margin

Details are Not available on the official website

What I like about Sharekhan Demat Account

  • Call and trade is completely free
  • Online course and live session for education customers
  • Variety of Mutual funds investment options
  • Prepaid brokerage packages to avoid high brokerage fees
  • Free Demat account

What we don’t like about Sharekhan Demat Account

  • Brokerage charges are too high as compare to other brokers
  • Margin calculator is not present


I don’t like sharekhan. They take lots of brokerage charge as compare to other brokers. Delivery of share is also not free. I don’t recommend sharekhan over other traders.

8. Motilal Oswal

The list of best Demat account in India cannot be completed without Motilal Oswal Demat account. They have more than 30 years of experience in the same field.

Just like sharekhan, Motilal Oswal also provide live session to their customers. You can find a daily interactive session between industry experts and investors by Motilal Oswal on their mobile application.

When it comes to market news and updated news related to finance Motilal Oswal is the number one broker in India. They have lots of verity of product for investment.

Currently, they have more than 10 lakh, active customers, operating from 2200 plus location from India. Currently, they are registered on BSE, NSE, NCDEX, MCX, MSEI.

You can open your trading account from Motilal Oswal with in a 15 Minutes. No one provides such a fast service.

Motilal Oswal Account opening Fee and Charges

  • Demat account opening charges: free
  • Trading account opening charges: free
  • Annual Maintains charges: 300 Rs to 500 Rs (no charges for the first year)

Motilal Oswal Brokerage Charges

  • Equity Delivery: 0.5%
  • Equity Intraday: 0.5% per order
  • Equity future: 0.5% per order
  • Equity Options: 75 Rs per lot
  • Currency Options: 20 Rs per lot
  • Currency Future: 20 Rs per lot

Motilal Oswal Margin

Not Available on Official website

What we like about Motilal Oswal Demat Account

  • Free Demat and trading account
  • Free fundamental and technical analysis
  • Free brokerage charges for First Month
  • Attractive offers on new account opening
  • Live course and interactive session by market experts.

What we don’t like about Motilal Oswal Demat Account

  • Margin is not explained clearly
  • Hidden charges

9. Kotak Securities Demat Account

As I already shared, I am a big fan of 3-in-1 Demat account. in 3-in-1 Demat account you will get following key features in one account:

  • Demat account
  • Bank Account
  • Trading account

Kotak Securities provides 3-in-1 Demat account. it is a subsidiary company of Kotak Mahindra bank.

I like Kotak Securities just because they have a very seamless and comfortable process for opening a new account. all process is paperless.

Currently, they are serving service in Equity F&O, Equity Delivery, Financial Advisory Services, Life Insurance, IPO, investment banking and much more.

Just like other brokers, Kotak Securities also provides free online Classes for educating their customers. You can immediately transfer your money from Demat account to bank. This feature helps to reduce transaction cost.

Kotak Securities Account opening Fee and Charges

  • Account opening fees = Rs 750
  • Annual maintenance charges = Nil
  • Demat account maintenance charges = Rs 50 per month for resident Indians, Rs 75 per month for NRIs.
  • No maintenance fees will be charged on Demat accounts if there are no transactions and no securities in the account for the respective year.

Kotak Securities Brokerage

Minimum brokerage for:

  • Cash Delivery: 0.04 P (per share),
  • Intraday: Rs.0.03 P (per share), OR Rs.21/- per executed order, whichever is higher,
  • Equity Futures: 0.03 P (per share) subject to ceiling of 2.5% of contract value.
Delivery 0.49%
Square off (Both Sides) 0.05%
Futures (Both Sides) 0.05%
Options Rs 300 Per Lot
Minimum Brokerage 4 paise for delivery and 3 paise for Intraday and Futures orders

Kotak Securities Margin

Kotak securities have a dynamic margin plan for stock. You can find details of Margin on their official website. No fixed margin is taken.

What we like about Kotak Securities

  • Free Trade-n-call till 20 calls after that 20 Rs per call will be charged
  • The free account maintains charges
  • No charge will be taken if not transaction from account done for the respective month
  • 3-in-1 Account Feature
  • Online chat facility available

What we don’t like about Kotak Securities

  • High brokerage charges
  • Margin is not fixed
  • Research for companies and the stock target is not provided

Conclusion: if you already have an account in Kotak bank than you can open your account in Kotak securities otherwise you can skip Kotak Demat account.

Best Trading Account for you

Definition of best Demat account for everyone is different. If you are looking for high profit for intraday than high margin broker is best for you.  But if you want to save your money on brokerage than you will look for low brokerage taking broker.

We have Explained some fundamental key features of Brokers which you should verify before opening your Demat account.

  • Low brokerage: Brokerage is a fee which the broker takes for every transaction. Many brokers like Upstox and Zerodha take fixed 20 Rs of brokerage irrespective of traded volume. You can save lots of money if you find a Broker with low brokerage charges.
  • Account Opening charges: Due to high competition most of the broker offers free Demat account. but most of them charge high renewal fee after one year. You should always clarify account opening fee before opening your Demat account. 5paisa offers lifetime free Demat account without any hidden charges.
  • High Margin: If you love intraday trading than Margin is one of the most important factors for you. Upstox and 5Paisa provide high margin. 5paisa have some premium Margin packages also. ICICI Direct is also the best option when it comes to Margin ration.
  • Trust: We have seen many fraud cases in the share market. Also, the market is very volatile. You should always look for trusted brokers for investment. All the brokers form above list are trusted and best in terms of trading and Demat account.
  • Ease of account opening: Although Paperless account opening system made new account creation so simple and fast still brokers like Zerodha take 3,4 days for an account. 5Paisa opens your account within a day.
  • Education: I think educating customers is one of the best ways of attracting and making them invest more in the share market. Currently, Many Brokers provided live session and free courses for educating their Users.
  • Market research and Shares Targets: Brokers like ICICI Direct and HDFC Securities provides Highly researched Report of companies. They also give long term and short-term targets for stocks.

So, this is some important factors which you should always check in your broker.


If you are an individual investor and not invest so frequently then don’t waste your too much time in finding Best Demat account. You can start and create your free Demat account with 5paisa.

I like 5Paisa Demat account. if you are looking for an alternative than Upstox is also the best option. They provide 3-in-1 account feature.  If you are ready to pay little high brokerage charge than ICICI Direct is the best Trading account available in India.

If you ask me, I will advice put your focus more on Leering about fundamental of share markets rather than looking for multiple accounts.

Share this post with your family and friends and help them to invest in the share market.

If you have any question please ask in the comment box. I will try to solve your issue, as soon as possible.


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