If you are a beginner in share market and are searching for Best Demat & Trading Account, then here I am going to tell you about 5 Best Demat & Trading Account, so let us know.
Demant Account | Account Opening | AMC | Link |
Dhan | Zero Charges | Zero | Open Account |
Zerodha | Rs. 200 | Rs.300/Year | Open Account |
Upstox | Zero Charges | Zero | Open Account |
Angel One | Zero Charges | Rs.240/Year | Open Account |
Kotak Securities | Under 30 (Rs.299) Above 30 (Rs.99) | Rs. 600/Year | Open Account |
Table of Contents
1. Dhan (Trading & Referral Earning)
Dhan is the best broker for trading and investing. There is no charge to open an account in this. Advance options are given for trading in it.
There is no need to pay annual AMC charge in this. In this app you can trade in Equity, F&O, Currency, Commodity. The option trading charge in this is Rs 20/executed order which is not very much.
Account Opening Offer : In this you can open demat and trading account for free.
Charges
Account Opening & AMC Charges
- Account Opening : Zero
- AMC : Zero
Trading Charges :
- Equity Delivery : Rs.0
- Equity Intraday : Rs.20 or 0.03%/Excuted Order (Whichever is lower)
- Equity Future : Rs.20/executed order (All Segment)
- Equity Options : Rs.20 per executed order
Refer and Earn : 20% Brokerage Sharing
2. Zerodha (Trading & Investing)
You must have seen most of the traders trading in Zerodha. Zerodha is India’s first discount broker. One has to pay Rs 200 to open an account.
In this also you can trade in Equity, F&O, Currency, Commodity. In this also the option trading charge is Rs 20/executed order. In this, you have to pay a charge of Rs 200 to open an account and then your account is opened within a few days.
Charges
Account Opening & AMC Charges
- Account Opening : Rs.200
- AMC : Rs.300
Trading Charges :
- Equity Delivery : Rs.0
- Equity Intraday : Rs.20 or 0.03%/Excuted Order (Whichever is lower)
- Equity Future : Rs.20 per executed order
- Equity Options : Rs.20 per executed order
Refer and Earn : 10% Brokerage Sharing
3. Upstox (Best For Information& Trading)
This is also a very good broker. Ratan Tata sir also has investment in it. In this you can open Demat and trading account for free. In this also you can trade in Equity, F&O, Currency, Commodity. In this also the option trading charge is Rs 20/executed order.
In this, you get complete information about a company, by analyzing which you are able to invest in the stock of the right company. It has many more features than any other broker.
Account Opening Offer : In this you can open Demat and Trading account for free and also there is no AMC charge to be paid.
Charges
Account Opening & AMC Charges
- Account Opening : Zero
- AMC : Zero
Trading Charges :
- Dellivery : Rs.20 or 2.5%/Excuted Order (Whichever is lower)
- Intraday : Rs.20 or 0.05% per executed order (whichever is lower)
- Future : Rs.20 or 0.05% per executed order (whichever is lower)
- Options : Flat ₹20 per executed order.
Refer and Earn : 150Rs./Refer
4. Angel One (Best Overall)
Angel One is a full stock broker i.e. this broker provides full service. Full service brokers also provide stock advisory which helps you in choosing the right stock.
There is no charge to open an account in Angel One. Talking about trading, the charge for equity option trading will be ₹ 20 or 0.25% per executed order, whichever is less.
Account Opening Offer : On opening the account, brokerage of Rs 500 will be free for 30 days, that is, you can trade without paying brokerage up to Rs 500.
Charges
Account Opening & AMC Charges
- Account Opening : Zero
- AMC : Rs.240/Year
Trading Charges :
- Equity Dellivery : Rs.0
- Equity Intraday : Rs.20 or 0.03%/Excuted Order (Whichever is lower)
- Equity Future : Rs.20 or 0.25%/Excuted Order (Whichever is lower)
- Equity Options : Rs.20 or 0.25%/Excuted Order (Whichever is lower)
Refer and Earn : Rs.300 – Rs.750/Refer
5. Kotak Securities (Best For Trading )
Kotak Securities’ new app Kotak Neo is very amazing. If you want to open brokerage free demat account then you can open demat account in it. Kotak Securities is a full service broker, it provides you the facility to do all types of trades.
There are separate plans for people below 30 years and above 30 years. Those whose age is less than 30 can take Trade Free Youth Plan. In this plan you do not have to pay any brokerage on Equity Delivery, Equity Intraday, Equity Option and Currency, Commodity Trade.
To take Trade Free Youth Plan in Kotak Securities, you have to pay a fee of Rs.299 for the first year, after which you can avail the benefit of free brokerage.
If we talk about its Trade Free Plan which is for people above 30 years of age, then you do not have to pay any charge in Equity Intraday. In Trade Free Plan, charges have to be paid for Equity Delivery, Equity Futures and Equity Option. You can see the details of the charge below.
The fee for Trade Free Plan is Rs 0 and you do not have to pay any annual charge, however, you have to pay Rs.99 for opening the account.
Account Opening Offer : In this, Trade Free Youth Plan has been given for those below 30 years in which you can trade for free in Equity Delivery, Equity Futures and Equity Option.
Charges
Account Opening & AMC Charges For Trade Free Youth Plan
- Account Opening : Zero
- Subscription plan : 1st Year Rs.299 & 2nd Year Rs.499
- AMC : Rs.600/Year
Account Opening & AMC Charges For Trade Free Plan
- Account Opening : Rs.99
- Subscription plan : Zero
- AMC : Rs.600/Year
Trading Charges For Trade Free Youth Plan :
- Equity Delivery : Rs.0
- Equity Intraday : Rs.0
- Equity Future : Rs.0
- Equity Options : Rs.0
Trading Charges For Trade Free Plan :
- Equity Delivery : 0.25% or ₹20 whichever is higher
- Equity Intraday : Rs.0 All Intraday Segments
- Equity Future : Rs.20/Excuted Order
- Equity Options : Rs.20/Excuted Order
Refer and Earn : Rs.350/Refer
Conclusion – All the brokers mentioned here are the best. If you are confused as to which account you should open for trading then I would advise you to open an account in Kotak Securities.
Its Trade Free Youtch plan is very beneficial. If your age is less than 30 years and you do not want to pay much brokerage for trading, then you can open an account in Kotak Securities.
In Trade Free Youtch plan, you will have to pay Rs 299 for the first year, after that you can trade in all segments. Apart from this, Dhan is also a very good broker, it is providing very good service overall and people are also giving it more priority than Zerodha for trading.