You must rely on stock market investments if you want to save money. You must open a Demat and Trading Account as the initial step. After reading the list of suppliers of Demat and trading accounts, select the finest Demat Account in India for your needs.

Full-service brokers and inexpensive brokers are two categories of Demat service providers. Full-service brokers offer you a trading platform and other services like sharing recommendations and research reports.

With a Demat account, investors can hold different financial units electronically rather than physically. You only need to complete a form, supply a photocopy of your PAN card or other proof of residency, two photos, and a voided bank check to activate a Demat account.

Here are the top 10 Demat and Trading accounts in India:

Let’s check out the list down here.


IIFL Securities Ltd (IIFL) is one of the most prominent full-service stockbrokers, with more than 40 lakh clients. An IIFL Demat account is an option for investors who want guidance and support with their research while making investment selections.

Trading and value investing require a brokerage charge calculated as a percentage. The three brokerage programs that IIFL offers are value-added, flat, and variable.


  • Opening an account is free.
  • The AMC during the first year is Rs.0.
  • We have cheaper brokerage fees than comparable full-service brokers.
  • Sector overviews, daily stock recommendations, and 500+ stock research reports
  • Value-added services include investments in initial public offerings and mutual funds.

Fee & Charges:

  • Free account opening.
  • Rs 250 AMC.
  • Rs 25 per debit transaction charge.

2) Kotak Securities Demat Account

A full-service stockbroker, Kotak Securities Ltd. offers investment opportunities in mutual funds, derivatives, and stocks. Additionally, it provides depository services, research, finance for margin trades, and portfolio management. Additionally, Kotak Securities Ltd offers direct access to US markets.

Features :

  • Offer 3-in-1 account (Bank+Trading+Demat)
  • Several brokerage programs to choose from.
  • Presence in 393 cities physically.
  • 25+ years of experience

Fee & Charges :

  • Zero brokerage charge on Intraday trades.
  • 0.25% on Equity Delivery.
  • Rs20 per order for carrying forward F&O trade

3) Finvasia

The technology-focused financial service business Finvasia is established in India. In India and 14 other nations, Finvasia provides a broad range of financial services. The primary benefits include equities, currency, and commodities retail trading; asset management; investment banking; advisory services; and currency hedging. Finvasia caters to retail, institutional, and international clients.


  • ScalperT, the company’s flagship Web & Mobile Trading App, is free for all users.
  • A variety of trading platforms, including NSET, NOW, ScalperT, etc., are available.
  • A bargain broker who also offers stock analysis and research.
  • Opening a trading and Demat account is free.

Fee & Charges:

  • Opening Fee for a Finvasia Trading Account: Rs0 (Free)
  • Opening a Demat account costs nothing. Rs 0
  • Trading Account AMC (Free)
  • Demat Account AMC: Rs.0

4) SAS Online Demat Account

Probably one of the most affordable Demat accounts in India is SAS Online. SAS Online is a bargain broker company with its headquarters in Delhi. They also offer a monthly plan (for unlimited trading). They were established in 2013 and serve over 10,000 clients in more than 700 cities. They currently generate an average daily revenue of more than 6000 crores.


  • India’s Demat account with the lowest brokerage fees
  • Plans for monthly brokerage are accessible.
  • Margin for shares

Fee & Charges:

  • Demat account opening charges – Free
  • AMC- free
  • Equity Intraday Trading Charges- Rs.9/trade
  • Equity Delivery Charges- Rs.9/trade

5) Bajaj Finserv

One of the most prominent NBFCs in India, Bajaj Finance Limited, is the parent company of Bajaj Financial Securities Limited (BFSL). Stockbroking services are provided by BFSL, a SEBI-registered business that also belongs to the BSE and NSE. The depository participant for NSDL and CDSL is BFSL.


  • Various annual membership options priced between Rs. 431 and Rs. 9999
  • There is a loan against securities option.
  • There is an option for Margin Trading Funding (MTF).
  • The choice to buy US stocks.

Fee & Charges:

  • Equity Intraday- Rs.17 per trade
  • Equity Delivery- Rs.17 per trade

6) Choice Demat Account

With the beautiful cross-platform app Choice, you can open a Demat account with no fees or obligations. With this platform, you may open a Demat account in about 5 minutes for as little as two paise in brokerage fees.

   Features :

  • Platforms for quick fund transfers make trading simple.
  • Can access the Demat account anytime and anywhere.
  • A thorough analysis of the stock market
  • The broker’s research has a success rate of 78%.

Fee and charges :

  • Rs 0 opening charges, both Demat and trading account.
  • AMC is Rs 200+GST
  • Transaction charges are Rs10 per transaction + GST

7) Angel One Demat Account

Angel One offers online stock, derivatives, currency, and commodities trading at the BSE, NSE, MCX, and NCDEX. Wealth management and investment advice are additional services provided by the company. The target market for Angel One’s online trading services is tech-savvy clients who can trade on their own and don’t need a dealer’s help.


  • There are numerous trading choices accessible.
  • Tracks derivative position.
  • Available in two languages-English and Hindi.
  • No AMC for the first year

Fee and charges :

    • Rs 0 brokerage for equity delivery.
    • Rs20 brokerage for Intraday and F&O trades.

8) SBICAP Securities Demat Account

You can use SBICAP Securities Demat Account, a mobile and web trading platform, to make educated investment decisions by accessing instructional materials and market analysis tools.


    • Market research tools.
    • Educational materials
    • Exchange equities, currencies, and other assets.
    • An attentive relationship manager.
    • Stock Trading suggestions

Fee and Charges:

  • Account opening fees – Rs 0
  • AMC – Rs 350

9) Motilal Oswal Demat Account

You can access several trading options across several platforms, specialized investment plans and advisory services, and a wide selection of financial asset classes by selecting Motilal Oswal as your Demat account service provider.


    • Ability to create a 2-in-1 account
    • No AMC
    • Completely paperless account opening
    • Successful record

Fee and Charges:

    • Rs 0 Account management charges
    • Contact directly for brokerage charges.

10) Sharekhan Demat Account

Sharekhan provides investing education, trading, portfolio management, research, and mutual funds. Through 3500+ share shops in 600+ cities, the company presently provides service to over 2.5 million clients.


  • No AMC for the first year
  • Free call and trade services
  • Offers online and in-person investor training workshops
  • No account opening fees.

Fee and Charges:

  • AMC – Rs 400 per annum(after the first year)
  • Trading Account Opening Charges – Nil
  • Demat Account Opening Charges – Nil

The top 10 best Demat accounts in India for beginners are in this post. The finest Demat account for beginners is covered in this article since many novice investors and traders are interested in investing and seek the best recommendations for the Demat account.