If you’re planning to invest in the stock market, opening a Demat account is the first step. It helps you store and manage your shares digitally, making trading faster and more convenient. With so many options available, finding the best Demat account in India can be tricky. Each platform offers different features, brokerage charges, and benefits to suit various types of investors.
In this blog, we’ve listed the Top 8 Best Demat Accounts in India, including popular platforms known for their reliability, user-friendly interface, and low brokerage charges. Whether you’re a beginner or a seasoned trader, this list will help you find the best Demat account with lowest brokerage. Let’s explore the top 5 Demat accounts in India that make investing simple and hassle-free.
Top 5 Best Demat Account For Mutual Fund December 2025
- Groww
- Zerodha
- Upstox
- Angel One
- Paytm Money
Best Demat Account Lowest Brokerage December 2025
Zerodha
Upstox
5paisa
ProStocks
Alice Blue
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Top 5 Best Demat Account For Long Term December 2025
- 5paisa
- HDFC Securities
- Zerodha
- Upstox
- Kotak Securities
Top 7 Best Demat Account In India December 2025
| Best Demat Account In India | Account Type | Annual Maintenance Charges (AMC) |
|---|---|---|
| Zerodha | Demat & Trading | ₹300 per year |
| Rupeezy | Demat & Trading | ₹200 per year |
| Upshot | Demat & Trading | ₹250 per year |
| Angel One | Demat & Trading | ₹240 per year |
| ICICI Direct | 3-in-1 Account (Bank + Demat + Trading) | ₹700 per year |
| HDFC Securities | 3-in-1 Account | ₹750 per year |
| Kotak Securities | 3-in-1 Account | ₹600 per year |
1. Zerodha
Zerodha is one of the most trusted and popular platforms for trading and investing in India. Known for its simple interface and low brokerage charges, it is often ranked among the best Demat account in India. Zerodha is ideal for both beginners and experienced traders who want a seamless trading experience.
Key Features
- User-friendly platform with advanced trading tools.
- Low brokerage fees and transparent pricing.
- Free equity delivery trading (no brokerage on long-term investments).
- Fast account opening process with complete online KYC.
- Detailed market analysis tools via Kite and Console apps.
Best For: Investors looking for the best place to open Demat account with lowest brokerage and powerful research tools.
Pricing:
- Account Opening Charges: ₹200 (Equity) + ₹100 (Commodity).
- Annual Maintenance Charge (AMC): ₹300 per year.
- Brokerage: ₹0 for equity delivery, and ₹20 or 0.03% (whichever is lower) per trade for intraday and F&O.
If you’re wondering which Demat account is best for affordable trading and long-term investing, Zerodha easily stands out as a top Demat account choice in India.
2. Rupeezy
If you’re looking for one of the top demat accounts in India, Rupeezy makes a strong case. It offers modern tools, zero account opening fee and zero AMC (for recent accounts), making it an attractive option for investors who want a best demat account experience with fewer costs.
Key Features
- Free demat + trading account opening with zero AMC for life for accounts opened after 15 June 2024.
- Brokerage plans designed to keep costs low: 0.1% on equity delivery, or Rs 20 per order for F&O.
- Advanced trading app with features like trade-direct from chart, strategy store, margin trading facility (up to 5× for 7 days) for eligible stocks.
- One-stop platform covering stocks, F&O, mutual funds, IPOs — making it a good choice when exploring a demat account list of full-service modern brokers.
Best For: Investors and traders who want a lowest brokerage demat account option among the new breed of brokers, value a good mobile/web app (best app for demat account) and prefer a platform that covers both investing and trading (not just buy-and-hold). If you’re comparing demat account India best in terms of cost + features, Rupeezy is worth checking.
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Pricing Pointers
- Account opening fee: ₹0 (free) for both demat & trading account.
- AMC / Monthly Maintenance Charge (MMC): For demat accounts opened after 15 June 2024, the MMC is ₹0.
- Brokerage on equity delivery: 0.1% on buy & sell.
- Brokerage on intraday/F&O: Mostly ₹20 per order or a small percentage—so you’re looking at a competitive cost structure.
3. Upstox
Upstox is a well-known online brokerage platform in India offering one of the top demat accounts designed for both new and seasoned investors. With competitive pricing and a strong mobile/web app, it’s often considered when people ask which is the best demat account in India.
Key Features
- Flat brokerage model: ₹20 per executed order or lower (depending on segment) for many trades.
- Support for equity, F&O, currency and commodity segments, giving you a full-service “discount broker” style platform.
- Free account opening in many cases, makes it a contender for the lowest charges for demat account among active traders.
- Robust trading app with charts, tools and integrations that position it as a good option for those looking for the best app for demat account.
Best For: If you’re searching for a low brokerage demat account in India and you’ll trade actively (intraday, F&O etc), Upstox offers a compelling pack of features and pricing. For those who are more into buy-and-hold maybe there are cheaper alternatives, but for an all-rounder within the demat account list of popular brokers this is a strong candidate.
Pricing Pointers
- Account Opening Fee: Often ₹0 (free) for new users.
- Brokerage: For many segments: ₹20 per order or a small percentage whichever is lower. For example: equity delivery trading brokerage can be flat ₹20 per executed order.
- Annual Maintenance Charge (AMC) / Demat Account Charges: Upstox charges an AMC of around ₹300 per year for many accounts, though there are variations and offers.
- DP Charges (on sell of shares): Approximately ₹18.5 + GST per ISIN (scrip) when you sell holdings
4. Angel One
Angel One is a prominent brokerage in India offering one of the best Demat account options for both beginners and active traders. It is often featured in lists of top 5 Demat account in India thanks to its combo of full-service and discount-broker features, making it a strong contender for anyone asking which is the best Demat account in India.
Key Features
- Offers ₹0 brokerage on equity delivery trades (for many users) making it very competitive.
- Brokerage for intraday, futures & options is flat ₹20 or a small percentage, whichever is lower, keeping it among low brokerage Demat accounts.
- Online account opening, mobile & web platforms, tools for research, making it suitable for both newer investors and traders.
- Many segment options (equity, F&O, commodities, currency) so you get full service with competitive rates.
Best For
- Investors looking for a top Demat account that combines good service with relatively low fees.
- Traders who want a best Demat account with lowest brokerage in delivery trades and competitive intraday/F&O pricing.
- People in metro cities like Bangalore looking for leading stock brokerage firms in Bangalore—Angel One has strong presence and brand recognition.
- Users who value tools and research support alongside brokerage flexibility, not just ultra-minimal cost.
Pricing Pointers
- Account Opening Fee: Free for many users.
- Brokerage:
- Equity Delivery: ₹0 (or lower of ₹20 or 0.1% per executed order) for many clients.
- Equity Intraday: Lower of ₹20 or 0.03% per executed order.
- Futures & Options: Flat ~₹20 per executed order.
- Annual Maintenance/DP Charges:
- Account AMC: Free for the first year in many cases.
- Depository Participant (DP) charges: ~₹20 + GST per ISIN/scrip when you debit shares from demat after sale.
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5. ICICI Direct
ICICI Direct is a full-service brokerage backed by ICICI Bank, offering an integrated 3-in-1 account (bank + trading + Demat) and is often chosen when looking for a trustworthy “which Demat account is best in India” especially for convenience and banking-brokerage linkage.
Key Features
- Integrated bank, trading and Demat account, seamless fund transfers and ease of use.
- Multiple brokerage plans (including prepaid and subscription-based) so you can pick a plan that matches your style and reduce fees.
- Strong research, advisory and product range, good for investors who want more than just execution.
- Free Demat account opening; first year AMC often waived (depending on plan) — making it more accessible.
Best For
- Investors looking for the best Demat account in India with strong banking tie-up and full service support.
- Those who prefer the comfort of a bank-brand broker and want everything in one place (bank + demat + trading).
- Beginners or moderate traders who are okay with paying a little more for convenience, research and service rather than chasing the absolute lowest charges for Demat account.
- People who like to choose from a top Demat account list features and want a reliable name.
Pointers of Price
- Account Opening Fee: Demat + trading + bank account setup often free online.
- Annual Maintenance Charge (AMC) for Demat: Typically around ₹700 per year (after first year) for regular account.
- Brokerage (Delivery Trades): In basic regular plan ~0.55% of trade value for equity delivery.
- Brokerage (Intraday/Futures/Options): Can be around 0.275% for intraday in regular plan, or lower if you pick a prepaid/subscription plan.
- Special “Prime” Subscription Plans: For a one-time or annual fee you can lower delivery brokerage to as low as ~0.07% and intraday/futures much lower.
If you’re after a demat account with low brokerage but also want full-service banking/trading integration, ICICI Direct is a strong choice. It may not always have the absolute lowest fees compared to pure discount brokers, but the convenience, brand and service make it a good option when deciding demat account best in India.
6. HDFC Securities
HDFC Securities is a well-known full‐service brokerage backed by HDFC Bank, offering a Demat account among the best demat account options for users who want banking and broking under one roof.
Key Features
- Integrated trading + Demat + banking ecosystem, easy fund movement and unified service.
- Strong research, advisory and asset-product range, making it appealing for those seeking more than just execution.
- Multiple account tiers with defined annual maintenance charges depending on usage level.
- Good choice as a good demat account for those prioritizing brand/service rather than ultra-low costs.
Best For
- Investors looking for a best trading Demat account that includes full-service features + bank-broker tie-up.
- Those planning long-term investment, seeking a best demat account for long term investment with trusted brand backing.
- Users willing to pay a bit more in charges in exchange for service reliability, rather than solely chasing cheapest demat account charges.
Pointers of Price
- Account Opening: Demat account opening is free (₹0) with HDFC Securities.
- Annual Maintenance Charge (AMC) for Demat: Around ₹750 per year (after first year) for standard plan.
- Some tiers (based on transaction count) may reduce to ~₹500 or ~₹300.
- Brokerage (Equity Delivery): ~0.50% of trade value in regular plan.
In short, While HDFC Securities may not be the absolute lowest-cost option among the top 10 demat account list, it stands out as a reliable and trusted platform offering full-service value. If you’re after a demat account best in India that balances service, brand and features—and you’re okay with moderate charges—this is a solid choice.
7. Kotak Securities
Kotak Securities is the broking arm of Kotak Mahindra Bank and provides an end-to-end trading + Demat + banking experience. When you’re looking for a best demat and trading account, Kotak ticks the box for many-investor comfort and full-service backup.
Key Features
- Flat brokerage of ₹10 per order on intraday and F&O trades under their “Trade Free” plans.
- Integrated 3-in-1 account (bank + trading + Demat) for seamless fund flow and easy linkage.
Strong branch network (1400+ branches nationwide) offering personal support when needed. - Customised plans: youth counts, beginner plans, plus full-service assisted dealer plans to fit different trade styles.
Best For
- Anyone who wants the best demat account for trading with decent features and a large-bank backing.
- Those searching for which is the best demat and trading account and favour convenience + reliability over ultra-minimal cost.
- Investors who like a stable name and in-person access, useful if you prefer support or are building a serious portfolio.
- Traders who regularly use F&O/intraday and want a fixed cost model rather than percent-based.
Pointers of Price
- Account Opening Fee: Demat account opening often free (or minimal) online.
- Brokerage:
- Intraday / F&O: Flat ₹10 per executed order under certain plans.
- Equity Delivery: Under older plans ~0.20% or higher; newer “Trade Free Youth” may offer zero or very low brokerage for equity delivery for those under 30.
- Annual Maintenance Charge (AMC) for Demat: Reported around ₹600 per year in many cases.
- Transaction & Other Charges: Dematerialisation ~₹50/request + ₹3/certificate; debit transactions ~0.04% of value or minimum amounts.
If you’re after one of the best demat accounts in India that offers both trading and investment capabilities with a trusted banking partner, Kotak Securities is a very strong candidate. While it may not always be the cheapest demat account with less brokerage compared to ultra-discount brokers, its value lies in brand reliability, support, and full-service features.
Would you like me to compare Kotak Securities side-by-side with two discount brokers on the demat account with less brokerage front so you can pick the optimal one?
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What are the top-rated Demat accounts for seamless IPO applications?
Zerodha, Upstox, and Angel One are among the top-rated Demat accounts for seamless IPO applications, offering quick online bidding and instant fund blocking via UPI.
Which is the best Demat and trading account?
Zerodha and Kotak Securities are considered the best Demat and trading accounts for their user-friendly platforms, low brokerage, and wide investment options.
Which is the best Demat account in India?
Some of the best Demat accounts in India include Zerodha, ICICI Direct, Angel One, and Upstox, known for their reliability, ease of use, and strong customer support.
Which is the best app for Demat account?
The best app for Demat account includes Zerodha Kite, Upstox Pro, and Angel One App, offering smooth trading experience and real-time market insights.
Which are the top stock brokerage firms in Bangalore?
Popular stock brokerage firms in Bangalore include Zerodha, Angel One, ICICI Direct, and HDFC Securities, known for their strong local presence and customer service.
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