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Best Demat Accounts in India 2025
Open a free demat account and start investing in stocks, mutual funds & IPOs. Compare top brokers and review features before opening.
Compare Demat Accounts
| Broker | Opening Fee | AMC | Brokerage | Rating | |
|---|---|---|---|---|---|
ZER Zerodha Popular | ₹200 | ₹300/year | ₹0 delivery, ₹20/order intraday | (4.8) | View Details |
UPS Upstox Popular | Free | ₹0 | ₹0 delivery, ₹20/order intraday | (4.6) | View Details |
ANG Angel One Popular | Free | ₹240/year | ₹0 delivery, ₹20/order intraday | (4.5) | View Details |
GRO Groww | Free | ₹0 | ₹0 delivery, ₹20/order intraday | (4.7) | View Details |
5PA 5Paisa | Free | ₹0 | ₹20/order flat | (4.3) | View Details |
*Zero brokerage on equity delivery trades. Intraday and F&O charges apply.
Broker Comparison Table
| Feature | Zerodha | Upstox | Angel One | Groww |
|---|---|---|---|---|
| Account Opening | ₹200 | Free | Free | Free |
| AMC | ₹300/year | ₹0 | ₹240/year | ₹0 |
| Equity Delivery | ₹0 | ₹0 | ₹0 | ₹0 |
| Intraday/F&O | ₹20/order | ₹20/order | ₹20/order | ₹20/order |
| Mutual Funds | Yes (Coin) | Yes | Yes | Yes |
| US Stocks | No | Yes | No | Yes |
| IPO Application | Yes | Yes | Yes | Yes |
How to Choose the Best Demat Account?
1. Brokerage Charges
All top brokers now offer zero brokerage on equity delivery. For intraday and F&O trading, compare the per-order charges. Discount brokers charge ₹20 or less per order, while full-service brokers may charge a percentage.
2. Trading Platform
A good trading platform should have advanced charts, watchlists, and quick order execution. Zerodha's Kite is considered the gold standard. Upstox Pro and Angel One's app are also excellent choices.
3. Account Charges
Compare account opening fees and annual maintenance charges (AMC). Many brokers offer free account opening. Some charge AMC only if you don't maintain a minimum portfolio value.
4. Research & Advisory
If you're new to investing, consider brokers that offer free research reports and stock recommendations. Angel One and ICICI Direct provide comprehensive research tools.
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Frequently Asked Questions
Disclaimer: Investments in securities market are subject to market risks. Read all scheme related documents carefully before investing. Past performance is not indicative of future returns.
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