A clear comparison of charges, brokerage and features — no jargon, no confusion.
A Demat (Dematerialised) account is the digital space where your shares, bonds and ETFs are held electronically — much like a bank account holds your money. In India, a demat account is mandatory for investing in the stock market, and it's registered under one of two depositories: NSDL or CDSL.
Pick the right depository participant based on brokerage, AMC and features.
Online eKYC using PAN, Aadhaar and bank details — usually done in 10 minutes.
Video or digital signature verification confirms your identity.
Your account is active within 24–48 hours and you can start trading.
Most brokers now keep this free, though some premium plans may charge a fee.
Under SEBI's BSDA rule, this can be zero if your holding value is below ₹4 lakh.
The fee charged per trade — flat fee or percentage-based, depending on the broker.
| Broker | Account opening fee | AMC (within BSDA limit) | Equity delivery brokerage | |
|---|---|---|---|---|
| Zerodha | ₹0 | ₹0 | ₹0 | Open now |
| Groww | ₹0 | ₹0 | ₹0 – low flat fee | Open now |
| Upstox | ₹0 | ₹0 | Low flat fee | Open now |
| Angel One | ₹0 | Depends on holding | Flat fee | Open now |
Rates change from time to time — always check the broker's official website before deciding.
A ₹0 account-opening offer can sometimes hide higher brokerage or other charges.
Verify that the broker is registered with SEBI and CDSL/NSDL.
Many comparison sites rank brokers based on affiliate commission — this site may work on the same model, so do your own research before deciding.
Order placement, charts and customer support — get a sense of these before committing.