9 Best Demat and trading account in India 2021

9 Best Demat and trading account in India 2021

Best demat account

If you are going to invest in the stock market, you will require a Demat account and trading account.

The trading account helps you to buy and sell stocks in the stock market. A Demat account helps you to keep your share in electronic form.

In an earlier day when you buy a share, you will get shares certificate in physical form. Nowadays it has become much easier to keep your shares.

The account opening process has also become very easy. You can open your brokerage account online without going anywhere.

Charges of opening Demat and Trading accounts have also gone very down in few years.

What is a Demat and trading account?

Trading account is used to buy and sell shares.

Demat account is used to keep shares in electronic form. The full form of Demat account is a Dematerialised account.

Don’t worry you can open Demat and trading account at the same place with the same broker.

9 best Demat and trading account in India

1. Zerodha demat account

best demat and trading account

Zerodha is one of the best online discount brokers in India. Zerodha comes with this discount broking concept in India. Which makes Zerodha popular in India.

The benefit of a discount broker is that you have to pay very low brokerage charges.

Zerodha has the highest number of active clients.

Zerodha gives you free equity delivery. Means If you buy stocks and hold it for more than one day you don’t have to pay any brokerage charge.

There is a flat Rs 20 per trade for intraday and future and options.

A direct mutual fund is also free with Zerodha Coin.

Its trading platform kite is very easy to use.

List of brokerage charges:

Equity deliveryZero brokerage
Equity intraday0.03% or Rs 20/ executed order whichever is less
Equity future0.03% or Rs 20/ executed order whichever is less
Equity optionsflat Rs 20 per executed order

Account opening charges for Zerodha

Equity( for trade on equity, F&O, and currency)₹ 200
Equity + commodity( MCX)  ₹300

Key benefits of Zerodha:

  • Complete Paperless account openings
  • First discount broker in India
  • First discount broker in India
  • Free delivery(Best for Investors)
  • You can Investment in IPOs also
  • Direct mutual fund investment through a platform called Coin.

2. Upstox demat and trading account

Upstox

Upstox is India’s leading online discount stockbroker. It has the highest rating trading mobile app so your trading experience with Upstox will be good.

The account opening process is completely online. You can open an account and can start trading on the same day.

Account opening charges and benefits:

₹249  Get brokerage worth ₹400( 30 days validity)
₹499  Get brokerage worth ₹2500(60 days validity)
₹999   Get brokerage worth ₹2500(60 days validity)
₹249Get Moneycontrol pro worth ₹1999( 1 year validity)

Brokerage charges:

Equity deliveryZero brokerage
Equity intraday0.05% or Rs 20/ executed order whichever is lower
Equity future0.05% or Rs 20/ executed order whichever is lower
Equity optionsFlat Rs 20 per executed order

3. 5paisa Demat account

5paisa provide you flat ₹20 per trade for all segment if you choose its Optimum plan.

5paisa is a discount broker.

5paisa comes up with 3 subscription plan

  • Optimum (no charge)
  • Platinum (₹499 per month)
  • Titanium ( ₹999 per month)

The account opening charge with 5paisa is free. You can open account completely online.

The maintenance charge is ₹45 per month, you only have to pay the maintenance charge for the month you trade.

You can also buy mutual funds and insurance through the same account.

I personally do not use a 5paisa account of its high charges. If you find 5paisa useful you can open an account with it. If you are just starting in the stock market I never recommend you to open an account with 5paisa.

4. Angel broking Demat and trading account

Angel broking is a full-service broker. It is one of the oldest brokers in India.

Equity delivery with the angle broking is absolutely free. And you have to pay ₹20 per order for intraday, F&O, currency & commodities.

Angle broking has 14 lakh, active clients. It has a strong customer base.

Account opening and maintenance charges 2020

Trading Account Opening Charges (One Time)₹600
Trading Annual Maintenance Charges AMC (Yearly Fee)₹0
Demat Account Opening Charges (One Time)₹0
Demat Account Annual Maintenance Charges AMC (Yearly Fee)₹450 (from 2nd year onwards)

5  Sharekhan

Sharekhan

Sharekhan is a full-service broker. It is India’s 3rd largest stockbroker. It is a full-service broker so you will get stock tips daily.

 Sharekhan Charges 2020

Account Opening Fees & Annual maintenance charges (AMC)

Trading Account Opening Charges (One Time)₹0 (Free)
Trading Annual maintenance charges (AMC)₹0 (Free)
Demat Account Opening Charges (One Time)
Demat Account Annual Maintenance Charges (AMC)₹400 (Free for 1st year with

Sharekhan Trading Brokerages Charges:

Equity Cash Intraday Trade0.10% on the buy-side.
Equity Delivery Trades0.50% or 10 paise per share or ₹16 per script whichever is higher.
F&O Trades0.10% on the first leg and 0.10% if squared off on any other day
Options Trades2.50% or ₹250 per lot on the premium (whichever is higher)
Currency Future0.10%.
Currency Options2.50% or ₹30 per lot on the premium (whichever is higher).
Commodity0.10%.

Sharekhan Trading platforms

1.    TradeTiger (Trading Terminal)

2.    Sharekhan Website (Website Trading)

3.    Sharekhan App (Mobile Trading)

4.    Sharekhan Mini (Low bandwidth App)

6 Motilal Oswal

Motilal Oswal

Motilal Oswal is a full-service broker.

You can trade in different segments including equity, derivatives, currencies.

Motilal Oswal Charges 2020

Motilal Oswal Account Opening Charges

TransactionCharges
Trading Account OpeningFree
Trading Annual Maintenance (AMC)₹400/year  ( first year free)   
Demat Account Opening₹0
Demat Account Annual Maintenance (AMC)₹400
SegmentBrokerage
Equity Delivery0.50%
Intraday Cash or Future – Equity and Commodity0.05% (both side)
Options – Equity₹100 per lot (both side)
Currency F&O₹20 per lot (both side)

7 HDFC securities

HDFC securities

HDFC securities is a leading stockbroker company, it is a subsidiary of HDFC bank.

It is a bank based full-service broker. Which HDFC securities you can open a 3-in-1 account.

It gives you options to trade via multiple platforms, namely online, mobile, telephone through any of his branches.

Demat account fee of Rs 750 waived off for the first year only.

Brokerage charges

Brokerage for Delivery Based Trades

Equity Segment
Delivery Based TradesResident Indians – 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell)
For NRI’s – 0.75% or min ₹100 or ceiling of 2.5% on transaction value (Both Buy & Sell)
Square-Off Trades Cash & Carry Scrips0.10% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell)
Square-Off Trades Margin Scrips0.05% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell)
 
Derivatives (Futures Market)
Non-Square Off (Carry Forward) Trades0.05% or min ₹25 or ceiling of 2.5% of transaction value (Both Buy & Sell)
Square-Off Trades0.025% or min ₹25 or ceiling of 2.5% of transaction value (Both Buy & Sell)
 
Derivatives (Option Market)
BrokerageHigher of 1% of the premium amount or ₹100 per lot (Both Buy & Sell)

You can read their complete brokerage charge by clicking here

8 Kotak securities

Kotak Securities

Kotak securities is a bank based Full-service broker. It is a subsidiaries of Kotak Mahindra bank.

It is founded in 1994. It has over 17 lakh, the active customers.

Kotak securities have over 1500 branches in 393 cities.

Account opening charges

Demat Account Annual Maintenance Charges (AMC): ₹600 per annum

Trading Account Opening Charges (One Time)₹750
Trading Annual maintenance charges (AMC)₹0
Demat Account Opening Charges (One Time)₹0
Demat Account Annual Maintenance Charges (AMC)₹600 per annum

9 Edelweiss

edelweiss

Edelweiss is a Mumbai based full-service broker incorporated in 2008.

Account opening charge

Demat account Annual maintenance charge₹0(Free)
Trading and Demat account opening charge₹ 500 per year(1st year free)

Brokrage charges

LiteElite
Equity Delivery₹10.00 / executed order0.300%
Equity Intraday₹10.00 / executed order0.300%
Equity Futures₹10.00 / executed order0.300%
Equity Options₹10.00 / executed order₹75.000 / lot
CUR Futures₹10.00 / executed order0.020%
CUR Options₹10.00 / executed order₹20.000 / lot

Final thoughts

This is a detailed list of the best Demat account in India. If you ask for the best Demat account form me, I will recommend you open Demat and trading account with Zerodha Or Upstox. They are the best among all these.

you can open account with Zerodha And Upstox by Clicking the links below.

Shubham Pal

A student and an investor. Shubham has a passion for investing in the stock market. He loves to talk about investing, money, and the stock market. He is a follower of Warren Buffett. He loves to read personal finance and investing books.

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