Top11 Best Demat Account In India 2021 | Credit Help India

Best Demat Account With Lowest Brokerage In India 2021.

While searching for the best Demat account in India, many people would get confused with so many platforms. In such a situation, people go with the easiest way, to approach the person's savings bank and ask them to open a Demat account. 

Opening a Demat account is very easy and it's done in less time.


To help you people here are some best Demat accounts that charge the lowest brokerage.


1. Zerodha Demat & Trading Account


Zerodha is one of the best brokers in India. Zerodha takes the credit to start a discount brokerage. If the person wants to pay limited brokerage, then they can consider opening an account with Zerodha. It will charge Rs. 20 per order.


They also offer detailed charts that provide an in-depth market analysis. The person can create trading strategies as per their requirement.


Zerodha also offers the facilities of direct mutual funds investment. Anyone can invest in IPOs online from Zerodha using UPI.


Annual charges of Zerodha


Annual maintenance charges – Rs. 75/quarter (Rs. 300 per year). 

Account opening charges – Rs. 300




Zerodha can opt for both long-term investors and also best for professional traders. Because there is a feature that a long-term investor doesn’t have to pay any brokerage on equity delivery. 


2. Upstox Demat & Trading Account


Upstox is one of the fastest trading platforms in India. Upton has gained a lot of customer attention. Upton is backed by Ratan Tata.


A person can save money on trades if they have an account with UpStox as they charge as low as Rs. 20 or 0.05% (whichever is lower). 


Also, the person can make a single trade of Rs 1 crore by paying just Rs 20 to the broker.


Even the account opening process is so smooth and easy.


Annual charges 


Account opening charges – Rs 300

UpStox’s annual maintenance charges – Rs. 300 (charged Rs. 25 per month)




Upstox is useful for active traders who can avail priority plans for higher margins on cash segments and discounted brokerage.


3. 5paisa Demat & Trading Account


5paisa is an initiative by big Indian financial company IIFL to provide discounted brokerage to Indians. 5paisa offers a one-stop shop for multiple financial products.


Annual charges 


Annual maintenance charges (Individual) – Rs. 45/month (pay only for the month you trade)

Annual maintenance charges (non-Individual) – Rs. 400 per year

Account opening charges – Rs. 650.


4. Angel Broking Demat & Trading Account


Angel broking is a full-service broker that offers discount brokerage for intraday trading. A person can get a margin facility along with a fast trading app.


Annual charges 


Account opening charges – Rs. 699/- (for the first year)

Annual maintenance charges – Rs. 450/- per year.




Angel broking is best for small investors who want to invest in shares, mutual funds, etc.


5. Sharekhan Demat Account


Sharekhan has become a pioneer in providing portfolio management, investment solutions, and currency trading. It provides high-quality service to the customers and has a huge network of more than 2500 outlets in 500+ cities.


Annual charges 


Account opening charges – FREE

Annual maintenance charges – Rs. 400 per year.




Sharekhan is best for those who want deep research advisory and high-end platforms.


6. Motilal Oswal Demat Account


Motilal Oswal is beneficial for those who want readymade deep research advisory with wealth management services.  Motilal Oswal is a trusted agency from long tears.


Annual charges 


Account opening charges = FREE

Annual maintenance charges = Rs. 400.




Motilal Oswal is best for new investors who don’t have an idea how to do research and need trusted research advice. The person can also get offline in-person consultants.


7. Religare Demat & Trading Account


Religare Securities is known in the brokerage industry. They have more than 8 lakh, active clients.


Annual charges 


Account opening charges – FREE

Annual Maintenance Charges – Rs 500 (Starts from 2nd year) or pay Rs. 2500 for a lifetime free account.



It is best for small investors who invest less often and don’t want to pay AMC every year. 


8. Indiabulls Securities Demat Account


Indiabulls security is a leading broker in India. Indiabulls is a great choice for active traders who want to invest a big amount.


Annual charges 


Account opening charges – Rs. 450

Annual maintenance charges – Rs. 450

Brokerage charges 




Indiabulls is best for those who are active traders and want to get high margin leverage with a discounted brokerage.


9. HDFC Demat & Trading Account


HDFC securities offer a 3-in-1 account without paying any opening charges. People get detailed analyses of market trends.


Annual charges 


Account opening charges – FREE

Annual maintenance charges – Rs 750 (starts from 2nd year)




HDFC is best for people who have an HDFC bank account and want to invest in stocks, mutual funds, or IPOs from their savings account.  


10. ICICI Direct Demat Account


ICICI Direct is the best 3-in-1 trading account in India. The 3-in-1 account provides a single account having a savings account, a demat, and trading accounts.


ICICI is known for introducing new technologies to its customers. 


Annual charges 


ICICI Direct 3-in-1 account opening charges – Rs. 975 (One-time fee). 

Annual maintenance charges – Rs. 500 (for email settlement) and Rs. 600 (for physical delivery).


1st Leg charges- 0.55%

2nd Leg charges- 0




ICICI Direct is best for those who want a 3-in-1 account to avoid the hassle of funds transfer to a Demat/trading account for stock investment.


11. SBICap Securities Demat Account


Sbicap securities fulfill every different investment needs in one place. Anyone can open a 3-in-1 account and start trading in stocks, invest in bonds or you can buy IPO. 


Annual charges 


Account opening charges – Rs 850 (One-time fee)

Annual maintenance charges –  Rs 800 per year




Sbicap is best for those who are old SBI customers and don’t want to change for something new. They can get high-quality trading platforms along with deep research advisory. 

So a person can choose the best Demat and trading account as per their requirements.

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