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BestDemat

All demat accounts in India

All SEBI-registered demat accounts — account opening fee, AMC and trading charges, rating clearly compared in one place.

Z

Zerodha

★★★★★★★★★★3.6/5
Open now
Account opening fee₹0
AMC₹0 (1st yr), then ₹300/yr
Equity delivery brokerage₹0
Intraday brokerage₹20 or 0.3% (lower)
Full Details
G

Groww

★★★★★★★★★★4.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 or 0.1% (lower, min ₹5)
Intraday brokerage₹20 or 0.1% (lower, min ₹5)
Full Details
A

Angel One

★★★★★★★★★★3.6/5
Open now
Account opening fee₹0
AMC₹0 (yr 1), then ₹240/yr
Equity delivery brokerage₹20 or 0.1% (lower, min ₹5)
Intraday brokerage₹20 or 0.1% (lower, min ₹5)
Full Details
U

Upstox

★★★★★★★★★★4.2/5
Open now
Account opening fee₹0
AMC₹300/yr (yr 1 free)
Equity delivery brokerage₹20 per executed order
Intraday brokerage₹20 or 0.1% (lower)
Full Details
D

Dhan

★★★★★★★★★★4.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹0
Intraday brokerage₹20 or 0.03% (lower)
Full Details
S

SAMCO

★★★★★★★★★★3.0/5
Open now
Account opening fee₹0
AMC₹0 (yr 1), then ₹400/yr
Equity delivery brokerage₹20 or 2.5% (lower)
Intraday brokerage₹20 or 0.25% (lower)
Full Details
S

Shoonya

★★★★★★★★★★2.8/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹0
Intraday brokerage₹5 or 0.03% (lower)
Full Details
I

INDmoney

★★★★★★★★★★4.5/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 or 0.1% (lower, min ₹2)
Intraday brokerage₹20 or 0.1% (lower, min ₹2)
Full Details
P

Paytm Money

★★★★★★★★★★2.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 or 2.5% (lower)
Intraday brokerage₹20 or 0.05% (lower)
Full Details
K

Kotak Neo

★★★★★★★★★★3.0/5
Open now
Account opening fee₹0
AMC₹0 to ₹3588* (plan based)
Equity delivery brokerage₹0 to 0.20% (plan based)
Intraday brokerage₹10 or 0.05% (lower)
Full Details
I

ICICI Direct

★★★★★★★★★★3.5/5
Open now
Account opening fee₹0
AMC₹300 or ₹700/yr (based on plan)
Equity delivery brokerage₹20 flat
Intraday brokerage0.07%–0.22%
Full Details
H

HDFC Securities

★★★★★★★★★★1.7/5
Open now
Account opening fee₹0
AMC₹0 to ₹750/yr
Equity delivery brokerage0.05%–0.32% (min ₹25)
Intraday brokerage0.005%–0.032% (min ₹25)
Full Details
H

HDFC Sky

★★★★★★★★★★2.0/5
Open now
Account opening fee₹0
AMC₹240/yr
Equity delivery brokerage₹20 or 2.25% (lower)
Intraday brokerage₹20 or 2.25% (lower)
Full Details
N

Nuvama

★★★★★★★★★★1.0/5
Open now
Account opening fee₹0
AMC₹300-₹500 (plan based)
Equity delivery brokerage₹20 (plan based)
Intraday brokerage₹20 (plan based)
Full Details
A

Alice Blue

★★★★★★★★★★1.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 or 2.5% (lower)
Intraday brokerage₹20 or 0.05% (lower)
Full Details
5

5paisa

★★★★★★★★★★4.0/5
Open now
Account opening fee₹0
AMC₹300/yr (₹0 1st yr)
Equity delivery brokerage₹20 flat
Intraday brokerage₹20 flat
Full Details
S

SBI Securities

★★★★★★★★★★3.0/5
Open now
Account opening fee₹0
AMC₹400/yr
Equity delivery brokerage0.50%
Intraday brokerage₹20 or 0.05%
Full Details
A

Axis Direct

★★★★★★★★★★4.0/5
Open now
Account opening fee₹0
AMC₹885/yr
Equity delivery brokerage0.07% to 0.5% (varies on plan)
Intraday brokerage0.01% to 0.05% (varies on plan)
Full Details
M

Motilal Oswal

★★★★★★★★★★1.0/5
Open now
Account opening fee₹0
AMC₹300 to ₹800/yr
Equity delivery brokerage0.20%
Intraday brokerage0.02%
Full Details
S

Sharekhan

★★★★★★★★★★3.0/5
Open now
Account opening fee₹0
AMC₹300 to ₹800/yr
Equity delivery brokerage0.30% (min, 1 paisa/share)
Intraday brokerage0.03% (min, 1 paisa/share)
Full Details
I

IIFL Securities

★★★★★★★★★★1.0/5
Open now
Account opening fee₹0
AMC₹250/yr
Equity delivery brokerage0.25%–0.50%
Intraday brokerage0.025sh%–0.05%
Full Details
G

Geojit

★★★★★★★★★★1.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage0.30%
Intraday brokerage0.03%
Full Details
A

Anand Rathi

★★★★★★★★★★3.0/5
Open now
Account opening fee₹0
AMC₹531/yr
Equity delivery brokerage0.15% to 0.3% (per order)
Intraday brokerage0.015% to 0.03% (per order.)
Full Details
S

SAHI

★★★★★★★★★★4.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 flat (whichever is lower)
Intraday brokerage₹20 flat (whichever is lower)
Full Details
F

Fyers

★★★★★★★★★★3.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 or 0.03% (whichever is lower)
Intraday brokerage₹20 or 0.03% (whichever is lower)
Full Details
U

Univest

★★★★★★★★★★5.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 or 0.1% (whichever is lower )
Intraday brokerage₹20 flat (per order)
Full Details
B

Bajaj Broking

★★★★★★★★★★5.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime
Equity delivery brokerage0.20% or flat plan
Intraday brokerage₹10 or ₹20 flat
Full Details
C

Choice FinX

★★★★★★★★★★3.3/5
Open now
Account opening fee₹0
AMC₹300/yr (₹0 1st yr)
Equity delivery brokerage0.20% (trade value)
Intraday brokerage0.02% (trade value)
Full Details
L

Lemonn

★★★★★★★★★★1.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime0
Equity delivery brokerage₹20 flat
Intraday brokerage₹20 flat
Full Details
S

Share.Market

★★★★★★★★★★3.5/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 or 0.1% (Whichever is lower, ₹2 min)
Intraday brokerage₹20 or 0.1% (Whichever is lower, ₹2 min
Full Details
A

Appreciate

★★★★★★★★★★5.0/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage0.05 or ₹5 (whichever is higher.)
Intraday brokerage0.05 or ₹5 ((whichever is higher.)
Full Details
B

BlinkX

★★★★★★★★★★4.5/5
Open now
Account opening fee₹0
AMC₹0 (lifetime)
Equity delivery brokerage₹20 (standard Plan)
Intraday brokerage₹20 (standard plan)
Full Details

Find the Top Demat Account in India

Choosing the top demat account in India starts with looking past marketing claims and comparing brokers on real numbers — account opening fees, annual maintenance charges (AMC), equity delivery brokerage, and intraday charges. This page lists SEBI-registered brokers such as Zerodha, Groww, Upstox, Angel One, Dhan, Kotak Neo and ICICI Direct side by side, so you can see exactly what each broker charges before you decide where to open a demat account online.

A demat account holds your shares, mutual funds and bonds in electronic form and is mandatory for trading and investing in the Indian stock market. Whether you're a first-time investor opening your very first demat account or an active trader comparing brokerage across multiple platforms, use the filters above — Zero AMC and Free delivery brokerage — to quickly narrow the list down to the top demat account in India that fits how you actually trade.

Charges are only half the picture — the star rating on each card above reflects real, verified customer reviews for that broker, so you can weigh account opening fees and brokerage against how existing users actually rate the app, order execution and customer support before you open an account.

Opening the account is just the first step — once it's live, keep an eye on how the broker treats existing customers too, since AMC, delivery brokerage and support quality can quietly change from what was advertised at signup. Bookmarking this page and checking back before you renew or refer someone else is an easy way to catch any of those changes early.

Frequently Asked Questions

Which is the top demat account in India right now?

The brokers above are ranked by real account opening fees, AMC, delivery brokerage and verified customer ratings, not marketing claims. Tap the Top Demat filter to jump straight to top demat account in india, or scan the full comparison table to see which broker suits your own trading style.

Is it free to open a demat account in India?

Most SEBI-registered brokers, including Zerodha, Groww, Upstox, Dhan and Angel One, let you open a demat and trading account online with zero opening charges. Some brokers waive the AMC for the first year and charge it from year two onward.

Which demat account has the lowest brokerage charges?

Brokerage varies by broker and by segment — equity delivery, intraday and F&O. Several brokers listed here offer zero brokerage on equity delivery, while intraday and derivatives are usually charged flat per order or as a small percentage. Check the exact charges in the comparison above before opening an account.

How do I find the top demat account for beginners?

First-time investors usually do well with a broker that has zero or low account opening fees, a simple mobile app, transparent AMC, and responsive customer support. Checking real user ratings alongside brokerage charges, or using the Top Demat filter above, helps narrow down the right demat account for a beginner in India.