Wisdom Capital – Featured Discount Broker

  • Lowest Brokerage Charges
  • Margin Exposure up to 60 times in NSE cash
  • Best Technical Analysis Charts
  • Best Mobile Trading App 
  • Prompt & Fast Transactions & Settlements
Open Free Demat Account Now

 

Best Demat Account in India – 2021 Ensure 100% Profit with Free Demat and Trading Account

In the stock market, you may find various online Demat account providers. However, quantity does not define quality. So one should pick the correct method to reach the best Demat account in India. Here, we are going to discuss major stock brokers who are offering the list of Top 10 Best Demat Accounts in India. How can one reach the leading best Demat account? Start to look for the lowest brokerage Demat account and down-turn your expenses in the first shot.

There are several trading sites that show the proper list of Best Demat account in India. You don’t need to worry about the procedure. Just focus on some of the key-parameters making the account loud to your desire. You can check by doing a comparison among those Demat and trading accounts as per the noted factors. All those stock brokers which you have gleaned by exploring the best trading sites must have distinctive features. You just need to skim off the best Demat account in India from them.

Though, finding the best Demat account India needs deep analyses of the insights of the Best Stock Broker in India. We bring forth the top 10 Best Demat accounts and trading accounts out of the 100+ accounts offered by the numerous stock brokers. Enjoy the benefits of a free best Demat account India by comparing. You can compare variables like brokerage, Best Demat account in India, and Best trading account in India opening charges, and some other features of such brokers.

 

best demat account in india

 

Seeking the right broker, that offers the leading Best Demat account in India must not be based on a hunch. Do it in a pragmatic way. Make it a little comprehensive by evaluating your online trading standards first and then check out all the loopholes contrary to your stock trading requirements. Afterward, you can definitely reach the best Demat account India from the pool of top 10 best Demat accounts in India. Such accounts involve Wisdom Capital Demat and trading accounts in India, SBI Demat account, ICICI Direct Demat account, HDFC Demat account, 5 Paisa, etc.

Your progression in the Indian Share Market would be radically dependent on the fact that how wisely you trade? And, that would also be linked to the base you have formed when initiated your trade itinerary. So, while choosing the Best Demat Account in India, take some time that would be worth considering all the crucial points in selecting the best Demat and trading account in India.

Before turning towards the best online Demat account, check the precisely defined online Demat account meaning first. Later on, we have also given the list of Leading best Demat Account India providers along with their Demat Account charges.

What is a Demat Account?

Demat Account Meaning:

It is the place where shares and securities are held electronically. Like, if you buy shares with your trading account then they would get stored in your best Demat account in India. And, If you want to sell, the shares would be taken out from your best Demat account and trading account and sold in the open stock market of India at BSE or NSE or any other stock exchanges. demat account works similar to your bank accounts.
A Demat account in India is basically opened by the investor/trader while registering with the stockbroker(Discount Broker/Full-service broker). The best Demat account number is quoted for every transaction to permit the electronic resolution of trades to happen. The Indian share traders should have the best Demat account in India to carry forward the trading in the most decent way for transacting shares.

 

best demat account in india

 

Pile up the given basic documents needed to open a Best Demat Account in India

  1. Passport size photograph
  2. Address Proof – Any one of Photo Ration Card / Photo Driving License with DOB / Electricity bill / Passport copy /Telephone bill
  3. Id Proof – Any one of Photo Driving License with DOB / Voters ID Card / Passport copy / PAN Card / Photo Ration Card PAN card

 

Top 5 Best Demat Accounts in India – 2021

best demat account in india

Category wise distribution of Leading Best Demat Accounts:

 

Discount Brokers providing the Lowest brokerage Demat Account in India

  1. Wisdom Capital Demat Account 
  2. 5 Paisa Demat Account
  3. Zerodha Demat Account
  4. SAS Online Demat Account
  5. UPSTOX Demat Account

Top 5 Best Demat  and Trading Account in India Traditional Stock Brokers Nominees are offering the Best Demat Accounts

  1. ICICI Direct Demat Account
  2. SBI Securities Demat Account
  3. HDFC Demat Account
  4. Kotak Securities Demat Account
  5. ShareKhan Demat Account

Top 10 Best Demat Account in India – 2021 And Demat Account Charges

S.No. Broker Name Demat Account Opening Charges Account Maintenance Charges
1 ICICI Direct Demat account 100 500 per year
2 Sharekhan NIL 450
3 Wisdom Capital NIL 999+GST (Onetime)
4 Motilal Oswal (MOSL) NIL 400 per year
5 upstox 150 150 per year
6 zerodha 100 300
7 5paisa  NIL 400 per year 
8 Kotak Securities 100 500 per year
9 SBI securities 850 400 per year
10 HDFC NIL 750

Top 5 Best Demat Account in India by the Lowest Brokerage Charges 

S.No. Broker Name Demat Account Opening Charges Account Maintenance Charges
1. Wisdom Capital NIL 999+GST (Onetime)
2. 5paisa NIL 400 per year
3. SAS online 200 200 per year
4. zerodha 100 300
5. upstox 150 150 per year

Brief Description About the discount broker providing the best Demat account in India – 2021 with Demat Account Charges

1. Wisdom Capital

 

wisdom capital | best demat account in india

Wisdom Capital is the free best Demat and trading account provider that emerged as the broker offering one of the best Demat accounts in India. Besides providing the highest leverage in equity intraday, Its online Demat account is recognized as the low brokerage Demat account. It allows trading/investing in equities, F&O, commodities, currency, Mutual Funds, etc. The Best Demat account charges are nil. The broker provides a high degree of performance in terms of trading platforms also. Its Brokerage fee is much lower than the fee offered by the full-time brokers like ICICI Direct Demat account, SBI Demat account, etc.

 

Wisdom capital Demat and Trading Account Opening Charges
Trading Account Opening Fees Rs 0
Trading AMC Rs 0
Demat Account Charges Rs 0
Demat Maintenance Charges Rs 999 + GST

 

Wisdom capital Brokerage charges
Brokerage Freedom Plan Pro Plan Ultimate Plan
Equities 0.00% 0.005% Intraday & Delivery 0.007% intraday & Delivery
Futures 0.00% Rs 9/ trade Future: 0.005%
Options 0.00% Rs 9/ trade Options: Rs 15/lot
Commodity 0.00% Rs 9/ trade 0.007% for intraday and delivery

 

Wisdom capital Margin
Segments Freedom Plan Pro Plan Ultimate Plan
Equity Up to 5 times for Intraday & 1 time for Delivery trading Upto 40 times for Intraday & 4 time as for Delivery Upto 60 times for Intraday & 5 times for Delivery
Equity Futures Upto 60 times for Intraday & 5 times for Delivery Upto 6 times for Intraday Upto 10 times for Intraday
Equity Options No Leverage buying, Shorting Intraday upto 2 times No Leverage buying, Shorting Intraday upto 6 times No Leverage buying, Shorting Intraday upto 10 times
Currency Futures Upto 2 times for Intraday Upto 6 times for Intraday Upto 10 times for Intraday
Currency Options No Leverage buying, Shorting Intraday upto 2 times No Leverage buying, Shorting Intraday upto 6 times No Leverage buying, Shorting Intraday upto 10 times
Commodity Upto 2 times for Intraday Upto 6 times for Intraday Upto 10 times for Intraday

 

2. 5 Paisa Demat and Trading Account

 

5paisa Demat and Trading Account | best demat accounts in india

It is a part of India Infoline (IIFL) and has presented the new brokerage model for stock market trading. This free online Demat account provider is a Mumbai based Discount Brokers in India. It has been existing in the Indian Share market for more than 5 years now. The broker also holds the position listed in the Top 10 Demat Accounts in India. HDFC Securities, Kotak Securities, and ICICI direct being the traditional brokers offer much higher brokerage rates than this brokerage firm also. The broker emerges in the list of best Demat accounts India the lowest brokerage category.

 

5paisa Demat Account and Trading Account Opening Charges
Trading Account Opening Fees Rs. 650
Trading AMC Rs 0
Demat Account Charges Rs 0
Demat  AMC Rs. 400 per year

 

5paisa Brokerage charges
Equities 10 Rs Per executed order
Equity Options 10 Rs Per executed order
Equity Futures 10 Rs Per executed order
Currency Options 10 Rs Per executed order
Currency Futures 10 Rs Per executed order
Commodity NA

 

5paisa Margin
Equities Upto 15 Times for Intraday & 5 Times for Delivery(Interest charged)
Equity Options Upto 2 Times for Intraday
Equity Futures Upto 2 Times for Intraday
Currency Options Upto 2 Times for Intraday
Currency Futures Upto 2 Times for Intraday
Commodity NA

 

3. SAS Online

 

sas demat account | best demat account in India

 

The online discount brokerage firm is intended to give you an effective result in the stock market. Although, it has offered the brokerage of Rs. 9 per trade in all market segments that are comparatively lower than Zerodha, but charges Rs 200 account as an online Demat account opening fee. In spite of the high Best Demat Account charges, the broker holds some qualities to be taken into consideration while searching for the best Demat account in India.

 

SAS Online Account Opening Charges
Trading Account Opening Charges (One Time) Rs. 200
Trading Annual Maintenance Charges AMC (Yearly Fee) NIL
Demat Account Charges (One Time) Rs. 200
Demat Account Annual Maintenance Charges AMC (Yearly Fee) Rs. 200

 

SAS Online Brokerage charges
Brokerage Plan Rs.9 /trade for all segments MCX(Rs. 999/trade) Equity(Rs.999/trade) Currency(Rs.499/trade)
Fixed Charges Rs. 9 Rs. 999 Rs. 999 Rs. 499
Equity Delivery Brokerage Rs. 9 Rs. 0 Rs. 0 Rs. 0
Equity Intraday Brokerage Rs. 9 Rs. 0 Rs. 0 Rs. 0
Equity Futures Brokerage Rs. 9 Rs. 0 Rs. 0 Rs. 0
Equity Options Brokerage Rs. 9 Rs. 0 Rs. 0 Rs. 0
Currency Futures Trading Brokerage Rs. 9 Rs. 0 Rs. 0 Rs. 0
Currency Options Trading Brokerage Rs. 9 Rs. 0 Rs. 0 Rs. 0
Commodity Trading Brokerage Rs. 9 Rs. 0 Rs. 0 Rs. 0

 

SAS Online Margin
Equities Upto 5 to 9 Times for Intraday & 5 Times for Delivery(Interest charged)
Equity Options Upto 2 Times for Intraday
Equity Futures Upto 2 Times for selling
Currency Options Upto 2 Times for selling
Currency Futures Upto 2 Times for selling
Commodity Upto 2 times for selling

 

4. Zerodha

 

zerodha demat account | best demat account in India

The broker has put forward the idea of flat fee brokerage in the stock market of India and was admired in the beginning. But, nowadays discount broker as Wisdom Capital has already presented better-discounted plans like Zero brokerage for online trading, it has diminished the Zerodha’s concept of a flat fee which charges Rs 20 per executed order. Zerodha Best Demat Account in India opening requires fees and the given annual maintenance charges are also applicable.

 

Zerodha Account Opening Charges
Trading Account Opening Charges (One Time) Rs. 300
Trading Annual Maintenance Charges AMC (Yearly Fee) Zero
Demat Account Charges Rs. 100
Demat Account Annual Maintenance Charges AMC (Yearly Fee) Rs. 300

 

Zerodha Brokerage charges
Equity Delivery  0.10% of turnover or Rs. 20 per trade whichever is lower
Equity Intraday  0.01% of turnover or Rs. 20 per trade whichever is lower
Equity Futures  0.01% of turnover or Rs. 20 per trade whichever is lower
Equity Options  0.01% of turnover or Rs. 20 per trade whichever is lower
Currency Futures  0.01% of turnover or Rs. 20 per trade whichever is lower
Currency Options  0.01% of turnover or Rs. 20 per trade whichever is lower
Commodity  0.01% of turnover or Rs. 20 per trade whichever is lower

 

Zerodha Margin
Equities 4 to 10 times for intraday
Equity Options 40% of exchange prescribed margin for selling & no margin for buying
Equity Futures 40% of exchange prescribed margin
Currency Options 100% of exchange prescribed margin
Currency Futures 100% of exchange prescribed margin
Commodity 50% of exchange prescribed margin

 

5. UPSTOX

 

upstox demat account | best demat account in india

The broker has established a nice position in the Indian Share market and now appears in the Top 10 stock brokers in India list. As a trader, you may seek the personal advice of the stockbroker and inquire while choosing the Best Demat Account India. Its online Demat account charge is Rs. 150. It grants trading/investing in Equity, F&O, Commodity, currency, Mutual Funds. In the search for the best Demat account in India, you can thoroughly compare the significant characteristics of given brokers in India.

 

upstox Account Opening Charge 
Trading Account Opening Fees Rs.150
Trading AMC Zero
Demat Account Charges Rs. 150
Demat AMC Rs. 150 per year

 

Upstox Brokerage charges
Equity Delivery Brokerage Rs 0
Equity Intraday Brokerage Rs 20
Equity Futures Brokerage  Rs 20
Equity Options Brokerage  Rs 20
Currency Futures Trading Brokerage Rs 20
Currency Options Trading Brokerage Rs 20
Commodity Trading Brokerage  Rs 20

 

Upstox Margin
Equities Upto 20 times for intraday
Equity Options Upto 4 times for intraday
Equity Futures Upto 4 times for intraday
Currency Options Upto 4 times for intraday
Currency Futures Upto 4 times for intraday
Commodity Upto 3 times for intraday

 

Full-service brokers offering  Leading Best Demat account in India – 2021 along with Account opening charges

S.No. Broker Name Demat Account Opening Charges Account Maintenance Charges
1. ICICI Direct Demat account 100 500 per year
2. SBI securities 850 400 per year
3. HDFC NIL 750
4. Kotak Securities 100 500 per year
5. Sharekhan NIL 450

 

1. ICICI Direct Demat Account

icici direct demat account | best demat accounts in India

ICICI Direct is an online stock trading company. It is the sub-division of ICICI securities with PAN India presence. The ICICI Best Demat Account is one of the renowned online Demat accounts. The broker avails various investment options to the retail and institutional clients who are using the ICICI banks and ICICI direct Demat account branches. ICICI Best Demat Account in India is better than other traditional stock brokers’ Best Demat Account India. These firms offer a 3-in-1 Demat and trading account.

  • ICICI Demat Account charges are Rs. 100 for the Opening.
  • ICICI Demat Account maintenance charge is Rs. 500.

 

ICICI Account Opening Charges
Trading Account Opening Fees Rs. 975
Trading AMC Rs. 0
Demat Account Charges Rs. 100
Demat AMC Rs. 500,(one year onwards)

 

2. SBI Securities: SBI Demat Account

sbi securities demat account | best demat account in India

SBICAP Securities Ltd (SSL) is a sub-division of SBI Capital Markets Ltd. If you open an SBI Demat Account you can trade in Equity, Derivatives, Retail Equity, etc. They also provide online trading products to investors & traders. The Resident Indians as well as the NRIs, both are allowed to invest in Equity, Derivatives, Mutual Funds, IPOs via the online channel. SBI’s Best Demat Account in India is registered with the SEBI(Securities Exchange Board of India). SBI Best Demat Account lets you do share trading with [email protected]

Experience the fine trading with 3-in-1 Account i.e. Bank Account, online Demat Account SBI, and Trading Account together. SBI Demat Account also allows instant Fund and Share transfer.

 

SBI Demat Account Opening Charges
Trading Account Opening Fees Rs. 0
Trading AMC Rs. 0
Demat Account Charges Rs. 850
Demat AMC Rs. 400,(one year onwards)

 

3. HDFC Securities:

hdfc securities demat accounts | best demat account in India

HDFC Securities is an Equity Trading Company and a part of HDFC Bank. HDFC Demat Account and trading accounts allow online trading as well as trading through reliable phone apps. The HDFC Securities trading account holds a 3-in-1 feature that collectively represents your HDFC Demat Account, a trading account with your existing HDFC bank savings account. With such integration, you may avoid a waste of time during the movement of your funds and shares. HDFC bank itself has a wide network across India and HDFC Securities is also listed in the Best Demat Account in India catalog.

 

HDFC Securities Demat Account Opening Charges
Trading Account Opening Fees Rs. 999
Trading AMC Rs. 0
Demat Account Charges Rs. 0
Demat AMC Rs. 750,

4. Kotak Securities

kotak securities demat accounts | best demat accounts in India

Kotak Securities Limited is a part of Kotak Mahindra Bank. It is an online stockbroking division of Kotak Mahindra Group in India. The stockbroker allows investing in Equities, mutual funds, IPO, derivatives, Exchange Traded Funds, etc. It presents a renowned Best Demat account in India. Being a provider of Mumbai-based Best Demat accounts in India with the membership of BSE and NSE, the financial organization also conducts online programs to guide traders.

 

KOTAK Securities Demat Account Opening Charges
Trading Account Opening Fees Rs. 975
Trading AMC Rs. 0
Demat Account Charges Rs. 100
Demat AMC Rs. 500,(one year onwards)

 

5. ShareKhan

sharekhan demat account | best demat account in India

Sharekhan, being a full-service broker in India, offers financial advisory, online training, seminars to all the investors. Sharekhan does not charge any Demat account opening fees and any cost for DP transactions. Best Demat Account in India No charges are associated but the maintenance charges are applicable as mentioned below. It has outgrown the 500+ branches across India. It also maintained its market position and provided one of the Best Demat Account in India as a traditional broker with a free Call & Trade facility. 

 

Sharekhan Demat Account Opening Charges
Trading Account Opening Fees Classic Acc: Rs 750, Trade Tiger Acc: Rs 1000
Trading AMC Rs. 0
Demat Account Charges Rs. 0
Demat AMC Rs. 450

 

Leave a Reply

Your email address will not be published. Required fields are marked *