There are numerous Indian guys who are in search of best demat account, best demat and trading account, Best online demat account, best bank for demat account, best 3 in 1 demat account, best online demat account trading account. Also there are huge queries on our website regarding, which bank is best for demat account or I want to open demat account which company is best? Here we are providing you the exclusive list of some of the top best demat account in India for 2019-2020 and coming years plus trading account with its comparison and reviews. Thereafter you can decide and choose the one which best suits you according to your investment amount / turnover and experience in trading financial securities / shares / stocks / FNO / derivatives / mutual funds / IPO / forex / currency, etc.
Best Demat Account and Trading Account in India for 2019-2020:
Stock trading in 21st century has become lot easier than the earlier days. Mostly now all the brokerage have call-n-trade feature for trading, online trading platform and mobile trading platform. Now a days there is transparency in brokerage pricing by all brokerage firms. So here comes your pathway to choose the best brokerage plan, best demat account and trading services for the rest.
Zerodha is an India’s No 1 online trading platform and best demat account service provider. Zerodha is first ever Indian company who offers brokerage-free equity investments, retail and institutional broking, commodities trading, currencies trading and platform to buy direct mutual funds without any commission model from Asset Management Company (AMC). This is one of the best place to open demat account.
Zerodha is also a member of NSE, BSE, MCX, MCX-SX. It with a short span of time has reached to the largest discount broker in India generating a daily trading turnovers crossing $2 billion on Indian stock exchanges. Best demat account provider, Zerodha has a 400,000+ client base with lots of financial products and best demat account for small investors in India. It is also one of the best online demat account, trading account that benefits the retail investors or individuals. They have products like: Kite, Coins, Kite Connect, Varsity, The Rupee Tales, etc.
Zerodha, an India company has won lots of awards for its creative thinking and powerful applications / tools that gives huge benefits to a retail investors. Most of the new generation investors preferred this as their best demat account ever. Below are the list of awards that company possess:
- In 2013 year awarded for – Confederation of Indian Industry (CII).
- For 2014 year company is awarded for – Emerging Equity Broking House Award.
- In 2015 year awarded for – BSE-D&B Award.
- Also in 2016, Zerodha awarded for – Economic Times Startup Awards 2016 (Category: Bootstrap Champ).
Zerodha Features, Brokerage Fees and Charges:
Zerodha’s account opening charges is INR 300/-. Apply now and get discount of INR 100/- on account opening fees.
|Trades Categories||Segments||Pricing (Per Executed Order)|
|Equity Delivery||NSE, BSE||NIL|
|Intraday Equity||NSE, BSE||INR 20 or 0.01% (whichever is lower)|
|Future & Options||NSE, BSE||INR 20 or 0.01% (whichever is lower)|
Integrated at 1990, Karvy Stock Broking Ltd (KSBL) part out of KARVY Group; one of India’s foremost financial services firm for researching advisory services and stock broking. Well-diversified whoever business encompasses the entire financial services, data handling and also handling segments. Karvy’s financial service business is ranked as top 5 broker in the country all-around their business. They offering personalized investment possibilities towards corporate, organizations and person people thru its broad interact of workplaces. Utilizing their blend account facility one could trade in Equities, Derivatives, Currency to invest in IPOs, Mutual funds or perhaps NCDs under 1 roof. Group service over 70 million person investors and provides investors related services to over 600 corporates, comprising the best of Corporate India.
Karvy Features, Brokerage Fees and Charges:
Karvy’s account opening charges is NIL. Demat account annual maintainence charges are INR 500 from second year onwards.
|Trades Categories||Segments||Pricing (Based on Turnover)|
|Equity Delivery||NSE, BSE||0.30%|
|Intraday Equity||NSE, BSE||0.03%|
|Future & Options||NSE, BSE||INR 50 per lot size|
3. Motilal Oswal:
Motilal Oswal has a huge experience in of 30 years in financial markets with a client base of around 7,00,000+. Also one of the best demat account and trading service provider in India. The company has won “National Financial Advisory Awards” 4-times for its Best Performing Equity Broker by UTI-CNBC TV18. This makes the company categorized as a best demat and trading account service provider in India.
Motilal Oswal Features, Brokerage Charges and Fees:
Motial Oswal demat account opening charges are zero. Company is offering a Limited period offer cashback of INR 5,000 on brokerage charges. Apply for this best demat account and grab the benefits of it.
|Trades Categories||Segments||Pricing (Based on Turnover)|
|Equity Delivery||NSE, BSE||0.25% – 0.18%|
|Intraday Equity||NSE, BSE||0.03% – 0.015%|
4. 5paisa Capital:
5-paisa Capital Ltd. is a full service broker offering best 3 in 1 demat account, best demat account services on its online platform 5paisa.com.
5paisa Features, Brokerage Charges and Fees:
5 paisa demat account opening charges are nil but they charge INR 650/- for Trading Account Opening Charges. They charge annual fees of INR 400/- from second year onwards.
They trades in almost all segments of NSE, BSE, MSE, MCX and NCDEX. IPOs and Mutual Funds, etc. They also provide some distinctive featured products in the platform like Equity SIP / lump-sum.
|Trades Categories||Segments||Pricing (per executed order)|
|Equity Delivery||NSE, BSE||INR 10/-|
|Intraday Equity||NSE, BSE||INR 10/-|
|Futures & Options||NSE, BSE||INR 10/-|
5. Angel Broking:
It’s one of the second most popular full service brokers in India. Angel Broking is a leading stock broking, best online demat account, wealth management firms in India with numbers of sub-brokers across India (around 900 cities). This makes the firm as best demat account service provider in India due to his large network. if you are just started with stock trading or new to stocks, they provide you the free SMS advisory service also.
They also have a presence in PAN India and a number of sub-brokers across India, just in case you want to place order via a broker call instead of placing through the online account.
Angel Broking Features, Brokerage Charges and Fees:
Firstly, Angel Classic is categorized for very small investor whose trading limit is between INR 10,000 to INR 24,999. Secondly, Angel Elite is categorized for retail / small investor whose trading limit is between INR 100,000 & more.
Angel Broking account opening charges are nil for trading and demat account. This is a best way to open demat account for new comers into financial markets. It gives you the opportunity to trades in all segments on NSE, BSE, MCX, NCDEX.
|Trades Categories||Segments||Angel Classic||Angel Elite|
|Equity Delivery||NSE, BSE||0.320%||0.128%|
|Intraday Equity||NSE, BSE||0.032%||0.013%|
|Equity Futures||NSE, BSE||0.030%||0.013%|
|Nifty Options||NSE, BSE||40||16|
|Other Options||NSE, BSE||80||32|
6. ICICI Direct:
ICICI Direct has been most liked and preferred financial broker since ages. It is one of the product started by ICICI a long time ago. ICICI direct is a trusted choice and best demat account for many retail investors due to its user friendly website with linked bank account for immediate transfer of funds.
We have received many queries from users regarding best bank for demat account, which bank is best for demat account, best bank to open demat account or best 3 in 1 demat account, here comes the answer for all. They are providing financial services in all the trade segments whether it’s stock investing, derivative trading, buying mutual funds, ipo, corporate bonds, health insurance, term insurance, etc.
ICICI direct has award winning research which guide you with your investments. For examples: MyGTC, Equity SIP / lump-sum, Profit Orders opportunities. Once you consolidate your portfolio with ICICIdirect.com account, you never need to worry due to excellent investment tracking, performance reports.
ICICI Direct Features, Brokerage Fees and Other Charges:
One of the disadvantage of ICICI Direct is, it’s an expensive brokers out in the market. ICICI Direct charges flat fee of INR 750/- for opening trading and demat account. Also it charges annual maintenance fees of INR 750/- from second year onwards.
At present, this best demat account offers 2 brokerage plans i.e.. ICICI Direct I-Secure and ICICI Direct I-Saver Account.
|Trades Categories||I-Secure Account||I-Saver Account (Based on Turnover)|
|Equity Delivery||0.550%||0.75% to 0.25%|
|Intraday Equity||0.275%||0.375% to 0.125%|
|Equity & Currency Futures||0.050%||0.05% to 0.03%|
Another disadvantage of ICICI direct is huge complexity in pricing. You should get cleared with their brokerage structure to avoid any surprises later on. They charge different for Equity Future second leg of Intraday, Currency Future second leg of Intraday, Equity Options buying, Equity Options second leg of Intraday, Currency Options on first leg, Currency Options on second leg of Intraday, etc.