Top 10 Demat Account in India – Open Best Demat Account in India
If you are looking to Open Demat Account in India for your investment then you are in the right place & at the right time. We will help you select then Best Demat and trading account in India by comparing all the top Stock brokers in India. Many brokers allow you to Open Demat account online easily and get started on trading fast.
Check the Ratings of Top 10 Share Brokers in India:
Rank | Broker | Ratings | Demat Account Opening Link |
---|---|---|---|
1 | Zerodha | 9.2/10 | Open Free Account |
2 | UPSTOX | 8.6/10 | Open Free Account |
3 | ICICI Direct | 8.4/10 | Open Free Account |
4 | Angel Broking | 8.2/10 | Open Free Account |
5 | Sharekhan | 7.9/10 | Open Free Account |
6 | StoxKart | 7.5/10 | Open Free Account |
7 | IIFL | 7.1/10 | Open Free Account |
8 | Motilal Oswal | 7.0/10 | Open Free Account |
9 | HDFC Securities | 6.8/10 | Open Free Account |
10 | 5Paisa | 6.7/10 | Open Free Account |
You can contact us to Open Demat Account Online and we will help you select the best Demat and trading account. Call us on 9838479931 for help

How to Open Demat Account Online
If you want to start investing or trading in stock market , you should Open demat account as the first step . In today’s modern age , demat account opening has become very easy by online KYC using Aadhaar card if your mobile number is linked to your Aadhaar card. You should have list of documents required for demat account opening ready and you can follow our simplified guides below to open best demat account in India with best brokers in india
- How to Open Zerodha Demat Account – latest 2021 Process
- How to Open Upstox Demat Account – latest 2021 Process
- How to Open Angel Broking Demat Account – latest 2021 Process
- How to Open StoxKart Demat Account – latest 2021 Process
- How to Open SBI Demat Account – latest 2021 Process
You would need to keep ready documents required to open a Demat account online and click on the above links to open a trading account with the best discount brokers in India. If you have any issue in Demat account opening , Click to Whatsapp us below

How to start Investing or Trading in Stock Markets?
We know that stock markets are one of the best way to create Wealth in long term. Also many people make money from stock market by trading in it. You can also do the same by Investing or trading in stock market. If you are new to stock market , you need to have a demat account to start investing and trading online.
We help you to select the Best Demat account in India according to your requirements. There are different brokers like Full service brokers and discount brokers. Full-Service brokers provide regular broking service as well as advisory services. The new age discount brokers provide good platforms and lower charges but do not provide advisory to keep costs low.
You can select Discount broker if you want to do trading or investing on your own . If you need advisor , or phone support , you can go with regular broker.
How to select the Best Stock Broker for Demat Account Opening?
Selecting broker can be confusing. However , there is a systematic approach to follow while selecting Top stock broker in India to trade and Invest. Now lets be very clear that no broker is best for everyone. People have different preferences, Trading styles, trust level and hence they will chose brokers based on their conviction . Below are the points on which you can select best stock market brokers
- Brokerage charges
- Trading /Investing platforms and Tools
- Customer Service
- Ease of Use
- Account Opening Charges
- Research and Education
- Margins and leverage offered.
We usually look for broker with lower brokerage charges , Good and easy to use platforms and tools , Good customer service , Low account opening charges and good Research and education .We help you select top stock brokers in India based on above parameters
Best Demat Account In India – Online Brokers
To know about the best demat account in India, I have curated a list of demat accounts from registered stockbrokers, then ranked them by a set of parameters.
Here is the list of the Best Demat Account in India
- Zerodha Demat Account
- Upstox Demat Account
- Angel Broking Demat Account
- 5 Paisa Demat Account
- ICICI Direct Demat Account
Every broker has some advantages and disadvantages. Discount brokers focus on improving their trading platforms while full-service brokers focus on improving customer service.
Related Post: Discount Brokers In India
So, we will provide you with detailed information on the 5 Best Demat Account in India.
5 Best Demat Account in India
Here is the detailed information on the 5 Best Demat Account in India.
#1. Zerodha Demat Account – Best Overall Broker for Demat Account

Zerodha was established in the year 2010 by Nitin Kamath and is the greatest discount broker in India. It has over 3 million clients and adds to over 10% of everyday retail trading volumes over the Indian Stock Market.
Zerodha is in the first position compared to other discount brokers by volume, number of customers, and growth. It is very simple and easy to understand the zerodha brokerage structure.
Zerodha charges for Account Opening are Rs 200 for equity and Rs 100 for commodity. The annual maintenance charge for a Demat account is Rs. 300.
Zerodha brokerage charges are Rs 20 rupees or 0.03%, whichever is lower per every executed trade and equity delivery trading is free.
Zerodha provides investment and trading services in equity, mutual funds & commodities.
Zerodha Trading Platform owns an online mobile and web trading application named “KITE” which is the best trading platform in India and back-office software named “Console”.

All trading software applications including trading terminal, website, and mobile trading are available free of charge. Zerodha also provides other products like Zerodha Coin, Zerodha Sentinel, Zerodha Pi, Zerodha Varsity.
Zerodha Demat Account Advantages
- User-friendly trading platform
- Brand value
- Low brokerage
#2. Upstox Demat Account – Cheapest Brokerage Charges

Upstox is a discount broker started as RKSV in 2012 and rebranded to Upstox in 2015. It is supported by a group of investors like Kalaari Capital, Ratan Tata, GVK Davis.
If you are willing to open both the Equity and Commodity account, the charges are free but you need to pay brokerage credit while account opening. The annual maintenance charge for a Demat account is Rs. 150.
Upstox charges brokerage of 20 rupees or 0.05%, whichever is lower per every executed trade and equity delivery trading is free.
Upstox provides investment and trading services in equity, mutual funds & commodities. Upstox Equity and Derivative trading accounts help clients to trade-in stocks, F&O, currencies, indices, and others.
Upstox Trading Platform owns an online mobile and web trading application named “Upstox Pro” which is the best trading platform in India and back-office software named “Back-office Upstox”.

All trading software applications including trading terminal, website, and mobile application are available free of charge. UpstoxMF has all types of investment options for you. You can purchase the ones focused on saving taxes.
Upstox Demat Account Advantages
- Fast paperless account opening
- Priority brokerage
- Free delivery trading
#3. Angel Broking Demat Account- Great Customer Support

Angel Broking Pvt Ltd is one of the leading broking houses in India and has been in the business since 1987. It is dedicated to a retail stock trading model. It provides modern and useful trading platforms, as well as expert advisory services to its customer base.
Angel Broking Account opening charges is free for equity and currency, in which you can buy/sell shares & derivatives on NSE and BSE. The Annual maintenance charges for the Angel Broking account opening are Rs. 0 for the first year then Rs. 450 per annum.
Angel Broking charges a flat rate brokerage charge of Rs 20 per executed trade and equity delivery trading is free.
Angel Broking provides investment and trading services in equity, mutual funds & commodities. Angel Broking Equity and Derivative trading accounts offer clients to trade-in stocks, F&O, currencies, indices, and others. The Trading platforms are Angel Broking App for mobile, and Trade.angelbroking.com for web-based trading.

Angel Broking also offers a free mutual fund investment platform which is the Angel BEE application.
Angel Broking Demat Account Advantages
- Fast paperless account opening
- Decent Trading Platforms
- Free delivery trading
- Strong Offline Presence
#4. 5Paisa Demat Account – Free Brokerage

5Paisa was launched in the year 2007 is a part of IIFL and offers the least valuable stock broker in India. IIFL launched 5Paisa to offer a lower brokerage for its clients and to contend with the fast-developing discount broking industry.
To open a Demat and trading account in 5 paise, the account opening charges are Rs. 500 for both equity and commodity. The annual maintenance charges are Rs 45 per month (only for months when you trade).
5Paisa provides free trading in equity and flat brokerage in other segments. The brokerage charges for 5Paisa are Rs 10 per trade for Intraday Trading and equity delivery trading is free.
5 paisa provides investment and trading services in equity, mutual funds & commodities. 5 paisa Equity and Derivative trading accounts offer clients to trade-in stocks, F&O, currencies, indices, and others.

5 paisa offers trading platforms for free as a mobile application and web-based trading, it also offers a free mutual fund investment platform which is 5 Paisa MF platform.
5Paisa Demat Account Advantages
- The lowest brokerage compared to other brokers.
- Low maintenance charges.
- Offers Research Tips and Calls
#5. ICICI Direct Demat Account – largest stock brokerage company

ICICI direct is one the largest stock brokerage companies having more than 20 Lakh 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.
The Icici Direct Demat Account Opening Charges are Rs. 975 depending on scheme. The Annual Maintenance Charges are Rs 700 (1st year free).
They offer 3 different types of brokerage plans to suit the trading profile of the trader/investor.
I – Secure Plan: A fixed percentage of brokerage 0.275% for Intraday and 0.55% for delivery based trades is charged irrespective of turnover per quarter (Total traded value).
I – Saver Plan: A variable percentage of brokerage 0.25% to 0.75% for Delivery and 0.125% to 0.375% for intraday based trades is charged based on the turnover per quarter. Higher the turnover. lower will be the brokerage slab.
Prepaid brokerage Plan: This plan is similar to Sharekhan, you pay upfront brokerage of 0.45% to 0.12% for both intraday and delivery based trades to avail the reduced brokerage slabs.
Trade Racer Web is 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 is a Installable trading platform with features like live streaming quotes & research calls and an integrated fund transfer system.
Advantages of ICICI Direct Demat account
- 3-in-1 demat account, easier flow of funds
- One of the most reputed names in the brokerage industry.
- One stop solution for all the investments and also insurance
Broker | Rating | Link to Open | |
---|---|---|---|
Zerodha No.1 Stock Broker in India | ★★★★★ | ![]() |
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Upstox | ★★★★ | ![]() |
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Angel Broking | ★★★★ | ![]() |
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5 Paisa | ★★★★ | ![]() |
|
StoxKart | ★★★★ | ![]() |
Demat account Opening charges
Demat account opening charges are different for different brokers. Usually demat account opening charges range from 250 rs to 700 rs dependinh on the broker you chose. However , we have many offers where you can open totally free demat account of all brokers online. You just need to contact us using the form below , or call us at the number given on top of the page for availing this offer. Lets see the current demat account opening charges of stock brokers in India
Rank | Broking House | Demat Account Opening Charges | Account Opening Link |
---|---|---|---|
1 | Zerodha | 300 rs | Open Free Account |
2 | UPSTOX | 249 rs | Open Free Account |
3 | ICICI Direct | 650 rs | Open Free Account |
4 | Angel Broking | Free | Open Free Account |
5 | Sharekhan | 500 rs | Open Free Account |
6 | StoxKart | Free | Open Free Account |
7 | IIFL | 500 rs | Open Free Account |
8 | Motilal Oswal | Free | Open Free Account |
9 | HDFC Securities | Free | Open Free Account |
10 | 5Paisa | Free | Open Free Account |