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Upstox
One of India's fastest-growing discount brokers, backed by Ratan Tata. Incredible app interface and low brokerage.
Opening Fee: ₹0
Intraday: ₹20
Open Free Account
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Angel One
A trusted full-service broker offering discount pricing. Known for excellent stock recommendations and research tools.
Opening Fee: ₹0
Delivery: ₹0
Open Free Account
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Groww
The perfect platform for beginners. Very simple UI designed specifically for mutual fund investors transitioning to stocks.
Opening Fee: ₹0
AMC: ₹0 (Lifetime)
Open Free Account
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Zerodha (Kite)
India's largest stock broker. Features an incredibly robust and feature-rich trading platform built for serious traders.
Opening Fee: ₹200
Delivery: ₹0
Open Account
Which Demat Account is Right For You?
If you are a complete beginner looking to invest primarily in Mutual Funds and maybe a few stocks, Groww is the absolute easiest to use. Its interface is beautiful and unintimidating.
If you plan to do active intraday trading or options trading, you need a robust platform with advanced charts. Both Zerodha and Upstox are fantastic choices here, though Upstox frequently offers free account opening.
If you want a mix of both, plus the added benefit of stock recommendations and research reports, Angel One is highly recommended.