10 Best Demat and Trading Accounts in India 2020

We all know that the stock market has huge potential, and to start online trading, each individual must own a Demat account and a trading account. In the stock market, many various sources provide you Demat and trading accounts. However, choosing the best quality provider is a bit of a task to do. 

In this article, we will be discussing the 10 Best Demat and trading accounts in India. The listings are completely made based on the firm stats and user feedback. So let’s look at them. Now sit back and pay some attention.

1. 5Paisa

5Paisa is a part of India’s financial services India Infoline (IIFL). They present the investors with new brokerage values and models for stock market trading. They are Mumbai based who provide free Demat account. They are in the Indian Share market for more than 5 years. 5paisa are among the few providers who offer the best Demat account with low brokerage value.

  • Demat account opening charge: ₹0/-
  • Trading account opening charge: ₹650/-
  • Demat Annual Maintenance Charge per year: ₹400/-

2. Upstock

They established a very good position in the share market, and now, Upstock is among the list of top 10 stock brokers in India. Upstock also provides the investors with their best personal advice of the stock and any queries while choosing the right Demat account. 

  • Demat account opening charge: ₹150/-
  • Trading account opening charge: ₹150/-
  • Demat Annual Maintenance Charge per year: ₹150/-

3. Zerodha

Zerodha became the first stockbroker firm to provide discount plans. With being years of presence in the stock market, Zerodha is one of the Best Demat Trading Account in India that the investor looks into.

  • Demat account opening charge: ₹100/-
  • Trading account opening charge (one-time): ₹300/- 
  • Demat Annual Maintenance Charge per year: ₹300/-

4. SAS Online

The SAS Online broker provides effective results in the stock market, and the brokerage value per trade is comparatively low than Zerodha. But, they charge comparatively more for Demat accounts opening. Even though they charge more, the quality of the firm needs to be considered as they appear when you search for the best Demat account in India.

  • Demat account opening charge (one-time): ₹200/-
  • Trading account opening charge (one-time): ₹200/-
  • Demat Annual Maintenance Charge per year: ₹200/-

5. Kotak Securities

The Kotak securities are a part of the well-known Kotak Mahindra Bank, also an online stockbroking division of them. They have a membership with both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). It allows investors to invest in things like Mutual Funds, IPO, and so on. 

  • Demat account opening charge (one-time): ₹100/-
  • Trading account opening charge (one-time): ₹975/-
  • Demat Annual Maintenance Charge per year: ₹500/-

6. ICICI Direct Demat account

ICICI Direct Demat account is a sub-division of ICICI securities that are with the presence of PAN India. It is also an online trading company that provides investors with the best Demat account. They have various plans and options for investors with ICICI bank accounts. They are one of the providers that come up with the 3-in-1 Demat and trading accounts.

  • Demat account opening charge: ₹100/-
  • Trading account opening charge: ₹975/-
  • Demat Annual Maintenance Charge per year: ₹500/-

7. SBICAP Securities

SBICAP Securities Limited (SSL) is a sub-division of one of the well-known providers SBI Capital Markets Limited. If you own their Demat account, you can trade in Derivatives, Retail Equity, and so on. They provide online trading products to investors and traders. They are one of the providers that come up with the 3-in-1 Demat and trading accounts.

  • Demat account opening charge: ₹850/-
  • Trading account opening charge: ₹0/-
  • Demat Annual Maintenance Charge per year: ₹400/-

8. HDFC Securities

HDFC Securities is a trading company which is a part of the HDFC bank. Demat and trading accounts allow investors and traders to trade through their reliable phone app. They are one of the providers that come up with the 3-in-1 Demat and trading accounts.

  • Demat account opening charge: ₹0/-
  • Trading account opening charge: ₹999/-
  • Demat Annual Maintenance Charge per year: ₹750/-

9. Wisdom Capital

Wisdom Capital provides you free Demat and trading account. Thus offering best, they emerged as one of the best providers in India. Wisdom Capital’s Demat account is well recognized for its low brokerage value. The brokerage fee is lower when compared to popular providers like ICICI and SBI Demat account. 

  • Demat account opening charge: ₹0/-
  • Trading account opening charge: ₹0/-
  • Demat Annual Maintenance Charge per year: ₹999/- (+GST)

10. ShareKhan

ShareKhan is the full-service stockbroker in India, offers the investors online training seminars, and financial advice. They maintain their market position by giving the best experience to the investors by providing Call and Trade facilities.

  • Demat account opening charge: ₹0/-
  • Trading account opening charge: Classic-₹750/-, Trade Tiger-₹1000/-
  • Demat Annual Maintenance Charge per year: ₹450/-