| Metric | Z Zerodha | G Groww | U Upstox |
|---|---|---|---|
| Rating | ★★★★★★★★★★ 3.6/5 | ★★★★★★★★★★ 4.0/5 | ★★★★★★★★★★ 4.2/5 |
| Account opening fee | ₹0 | ₹0 | ₹0 |
| AMC | ₹300/yr (1st yr free) | ₹0 | ₹300/yr (1st yr free) |
| DP Charges | ₹13 | ₹20 | ₹20 |
| Equity Delivery brokerage | ₹0 | ₹20 or 0.1% (whichever is lower, minimum ₹5) | ₹20 |
| Intraday brokerage | ₹20 or 0.03% (whichever is lower) | ₹20 or 0.1% (whichever is lower, minimum ₹5) | ₹20 or 0.1% (whichever is lower) |
| F&O Futures brokerage | 0.03% or ₹20 (whichever is lower) | ₹20 | ₹20 or 0.05% (whichever is lower) |
| Options brokerage | ₹20 | ₹20 | ₹20 |
| Currency Futures brokerage | 0.03% or ₹20 (whichever is lower) | Unsupported | ₹20 or 0.05% |
| Options brokerage | ₹20 | Unsupported | ₹20 |
| Commodity Futures brokerage | 0.03% or ₹20 (whichever is lower) | ₹20 | ₹20 or 0.05% |
| Options brokerage | ₹20 | ₹20 | ₹20 |
Compare Demat Account Brokers in India
Use this tool to compare demat account brokers in India side by side — pick any 2 or 3 SEBI-registered brokers such as Zerodha, Groww, Upstox, Angel One or Dhan and see their account opening fee, AMC, DP charges and brokerage laid out in one table.
Popular comparisons like Groww vs Zerodha or Groww vs Angel One are a good place to start if you're not sure which brokers to compare demat account charges between. Every number here comes straight from each broker's official charges, so you can compare demat account options without digging through separate pricing pages.
What matters most also depends on how you trade. A long-term investor usually gains more from zero or low AMC and free equity delivery, while someone trading intraday or in F&O should weigh per-order brokerage and execution speed more heavily. Try comparing a couple of different broker combinations to see which set of charges actually suits your trading style.
Frequently Asked Questions
How do I compare demat account brokers in India?
Pick any 2 or 3 brokers from the dropdowns above and BestDemat instantly lays out their account opening fee, AMC, DP charges and brokerage across equity, F&O, currency and commodity segments in one table — so you can compare demat account charges without opening separate pages for each broker.
What should I check before opening a demat account?
Beyond the account opening fee, check the annual maintenance charge (AMC), delivery and intraday brokerage, DP charges, and real user ratings for app experience and customer support. Comparing these together, rather than one broker at a time, makes it much easier to spot the best fit.
Is it free to compare demat account brokers on BestDemat?
Yes, comparing demat account brokers on BestDemat is completely free — there is no signup required to use the comparison tool, and the data is sourced directly from each broker's official charges.
How We Compare the Top Demat Account Brokers
Every broker on BestDemat is compared on the same set of criteria, so ratings and rankings stay consistent no matter which demat account you're considering.
Account Opening Fee
What it costs to open a demat and trading account online, including any lifetime-free offers.
AMC (Annual Maintenance)
The yearly charge to keep your demat account active, and whether year one is waived.
DP Charges
The per-transaction depository charge deducted whenever you sell shares from your demat account.
Investment Type
What you can actually invest in on the platform — stocks, mutual funds, IPOs, F&O, currency or commodities.
Brokerage Charges
Equity delivery and intraday brokerage, since these charges affect your returns the most over time.
Active Clients
How many investors actively trade with the broker — a signal of scale and platform reliability.
Funding
Whether the broker is bootstrapped or backed by outside investors, which can shape its long-term stability.
Review & Ratings
Real customer ratings and reviews, covering app experience, customer support and order execution.