If you are a new stock market investor and willing to invest in stock market, you need good trading demat account for buying and selling stocks. A Large number of trading demat account options are available in the market and you must be wondering where to open trading demat account? In this post, I will discuss the best online trading demat account options in India. I will also compare cost associated with each account option.
Best Online Trading Demat Account
ICICI Demat Account – ICICI Direct 3-in-1 Account
ICICI Direct offers 3-in-1 online account for saving, trading and demat requirement. ICICI Direct demat account also provide facility to invest in 20 different financial products including equity, derivative, mutual funds, ETF, fixed deposit and NPS.
Key Features –
- 3-in-1 Online Trading platform
- Offers wide range of products margin based and future option for trading
- Portfolio Tracker and SMS alert facility
- Flat and variable brokerage plans
- Buy and Sell Limit based trading
- Trading is available in both BSE and NSE
- Low-bandwidth website for slow internet connection
SBI Demat Account – SBI eZ – Trade
SBI offers online demat account facility for both Indian Residents and NRI’s. This account is known as eZ -Trade account. You can invest in equity, mutual funds and derivatives using this online account.
Key Features –
- Live Market Streaming Facility
- Reports facility – Demat holding, order and trade book & SMS Alert
- After Market order facility
- Low bandwidth option and anywhere access
- Secure and Encrypted Transaction
- Centralized helpdesk and telephonic assistance
- Real time advice and recommendation
HDFC Online Trading
HDFC Online Trading account is offered by HDFC Securities. This account provides options for trading on both NSE and BSE. You can do delivery based, intraday and future option trading using this account.
Key Features –
- Online and Mobile trading facility
- Email confirmation on execution of trade
- High level of security using 128 bit encryption
- Dedicated customer care
HDFC Online Trading Account Charges –
- One Time Account Opening Charges -Rs. 999
- Demat Annual Maintenance Charges – Rs. 750
Axis Direct
Axis Direct offers 3-in-1 online investment account. You can invest in equity, mutual funds, IPO, NCD, ETF, Company FDs using this account.
Key Features –
- Internet trading & Mobile trading facility
- Research Advice
- Fixed and Variable Brokerage Plan
- Real time quote and multiple watch list
- Portfolio Tracker
Kotak Gateway Demat Account
Kotak Securities is one of the largest brokerage in India. Kotak Securities offers 3-in-1 trading account. This trading account offers online trading facility in equity, derivatives, IPO, ETF and bonds.
Key Features –
- Light-weight trading website for low speed internet connection
- High-speed trading tool – Keat Pro X and FastLane
- Mobile trading app – Kotak Stock Trader
- Free Research Reports
Dhan – Zero Brokerage Demat and Trading Account
Dhan is a modern online trading and investing platform built by Raise Financial Services for both active traders and long-term investors. Regulated by SEBI and registered as a Depository Participant with CDSL, Dhan provides access to trading and investing across NSE, BSE and MCX.
Key Features –
- Zero account opening charges and zero AMC for individuals and HUFs
- Zero brokerage on equity delivery, ETFs, IPO, and direct mutual funds
- Flat Rs. 20 per executed order for futures and options, and commodity trading
- Multiple trading platforms like Dhan App, Dhan Web, dedicated Options Trader App and Web, and DEXT T3 professional terminal
- TradingView integration available both on tv.dhan.co and directly on tradingview.com
- Options Trader platform with Strategy Builder, Flash Trade, Straddle Chart, and Margin visibility
Dhan Account Charges
- One Time Account Opening Charges – Rs. 0
- Demat Annual Maintenance Charges – Rs. 0 (Free for individuals and HUFs)
Zerodha
Zerodha is India’s largest discount broker, offering a seamless platform for investing and trading in stocks, mutual funds, ETFs, IPOs, bonds, and derivatives. Founded in 2010, Zerodha is a SEBI-registered stockbroker and a Depository Participant (DP) with CDSL. Its low-cost pricing and intuitive trading platforms make it a preferred choice for both new and experienced investors.
Key Features –
- Zero brokerage on equity delivery investments
- Flat Rs. 20 or 0.03% per executed order (whichever is lower) for intraday, F&O, commodities, and currency trading
- Kite Web and Mobile platform with advanced charts, TradingView integration, and fast order execution
- Commission-free investing in Direct Mutual Funds through Coin by Zerodha
- Console back office for portfolio tracking, tax reports, and investment analytics
- Access to Varsity, Basket Orders, GTT, Kite Connect APIs, and other advanced trading tools
Groww
Groww is one of India’s fastest-growing online investment platforms, offering a simple and intuitive experience for investing and trading. Registered with SEBI and a Depository Participant (DP) with CDSL, Groww enables users to invest in stocks, mutual funds, ETFs, IPOs, F&O, and more through a user-friendly mobile app and web platform.
Key Features –
- Zero account opening charges and zero AMC for Demat account
- Zero brokerage on equity delivery investments
- Flat Rs. 20 or 0.1% per executed order (whichever is lower) for intraday and F&O trading
- Invest in Stocks, ETFs, IPOs, Direct Mutual Funds, Fixed Deposits, and Digital Gold from a single platform
- Simple and intuitive Groww App and Web platform with advanced charts, watchlists, and real-time market data
- Portfolio tracking, market insights, SIP investments, and paperless account opening for a seamless investing experience
Upstox
Upstox is one of India’s leading discount brokers, offering a powerful platform for trading and investing across multiple asset classes. Backed by SEBI registration and a Depository Participant (DP) with CDSL, Upstox provides access to stocks, ETFs, mutual funds, IPOs, futures & options, commodities, and currencies through its modern trading platforms.
Key Features –
- Zero account opening charges and low annual AMC for Demat account
- Zero brokerage on equity delivery investments
- Flat Rs. 20 per executed order for intraday, F&O, commodities, and currency trading
- Invest in Stocks, ETFs, IPOs, Direct Mutual Funds, Bonds, and Government Securities
- Upstox Pro Web and Mobile platforms with advanced charts, TradingView integration, option chain, and fast order execution
- Smart portfolio tracking, market analytics, basket orders, GTT orders, and API access for advanced traders
Angel One
Angel One is one of India’s leading full-service stockbrokers, offering a comprehensive platform for trading and investing across multiple asset classes. Registered with SEBI and a Depository Participant (DP) with CDSL, Angel One provides access to stocks, ETFs, mutual funds, IPOs, futures & options, commodities, and currencies through its technology-driven platforms.
Key Features –
- Zero account opening charges and competitive AMC for Demat account
- Zero brokerage on equity delivery investments
- Flat Rs. 20 per executed order for intraday, F&O, commodities, and currency trading
- Invest in Stocks, ETFs, IPOs, Direct Mutual Funds, Bonds, and Government Securities
- Angel One Super App with advanced charts, SmartAPI, portfolio tracking, market research, and AI-powered investment recommendations
- Smart tools including ARQ Prime, Basket Orders, GTT Orders, Margin Trading Facility (MTF), and advanced option trading features
Evaluation of the Best Online Trading Demat Account
Best online trading demat account given above are selected based on extensive research and data available over the internet. Evaluation criteria for the selection of best online trading demat account is given below.
Fees –
You should consider account opening fees and AMC charges while opening a demat account. Account opening fees and Demat account AMC for all brokerage houses comparison table given below.
Brokerage
Another important factor you should consider before opening demat trading account is brokerage charges. Brokerage charge comparison of Best online trading demat account is given below.
Usability –
Third factor for the evaluation is usability. Trading Demat account should be user-friendly and easy to operate.
Customer Services –
Customer service is most important factor in evaluating demat account. Customer support should be excellent and accessible all time.
You should carry out an independent research before opening online trading demat account.
