Introduction
If you want to trade in the stock market, the first step is to open a Demat account. It holds your shares in digital form, making buying and selling seamless. But with so many options, how do you choose the best Demat account for trading in India?
In this guide, we’ll help you compare the top Demat accounts based on brokerage, features, trading tools, and overall value in 2025.
What is a Demat Account?
A Demat account (short for Dematerialized account) allows investors to store shares and securities electronically. It eliminates the need for paper certificates and makes trading safe, fast, and efficient.
Key Features to Look for in a Trading Demat Account
Low Brokerage Charges
Especially important for frequent traders.
Easy-to-Use Trading Platform
Mobile apps and web interfaces should be fast and reliable.
Quick Account Opening
Most brokers now offer instant online KYC.
Strong Customer Support
Look for 24×7 chat or call support in case of trade issues.
Integrated Bank & Trading Account
A seamless flow of funds saves time and effort.
Best Demat Accounts for Trading in India (2025)
Here are the top Demat accounts to consider based on features, brokerage, and performance:
1. Zerodha Demat Account
- Account Opening Fee: ₹200
- AMC (Annual Maintenance Charge): ₹300
- Brokerage: ₹20 per trade (or 0.03%, whichever is lower)
- Trading Platform: Kite (Web + App)
- Best For: Beginners and intraday traders
Apply at: zerodha.com
2. Upstox Demat Account
- Account Opening Fee: ₹0
- AMC: ₹0 for first year, ₹150/year afterward
- Brokerage: ₹20 per order
- Trading Platform: Upstox Pro
- Best For: Discount brokerage and high-volume traders
Apply at: upstox.com
3. Angel One Demat Account
- Account Opening Fee: ₹0
- AMC: ₹0 for lifetime (limited period offer)
- Brokerage: ₹20 per order
- Trading Platform: Angel One App
- Best For: Beginners with free advisory support
Apply at: angelone.in
4. Groww Demat Account
- Account Opening Fee: ₹0
- AMC: ₹0
- Brokerage: ₹20 or 0.05% per trade
- Trading Platform: Groww App
- Best For: New investors who prefer a mobile-first experience
Apply at: groww.in
5. ICICI Direct Demat Account
- Account Opening Fee: ₹0
- AMC: ₹700/year
- Brokerage: Higher (full-service model)
- Trading Platform: ICICI Direct
- Best For: Investors who want full-service + banking integration
Apply at: icicidirect.com
Which Demat Account Is Right for You?
| User Type | Recommended Broker |
|---|---|
| Beginner | Groww, Angel One |
| Frequent Trader | Zerodha, Upstox |
| Long-term Investor | ICICI Direct |
| Low Brokerage Seeker | Upstox, Zerodha |
| Mobile App User | Groww, Angel One |
Documents Required to Open a Demat Account
- PAN card
- Aadhaar card (linked with mobile number)
- Bank account details (cheque or statement)
- Signature on white paper
- Passport-size photo (optional)
Most platforms offer paperless KYC, so the process takes less than 15 minutes.
Tips for Safe and Smart Trading
- Always check brokerage and hidden charges
- Use 2FA or biometric logins for app security
- Never share OTPs or login info
- Use stop-loss to manage risks
- Start small and learn market trends
Conclusion
Choosing the best Demat account for trading in India depends on your trading style, budget, and platform preferences. In 2025, platforms like Zerodha, Upstox, Groww, and Angel One offer powerful tools and competitive pricing for traders of all levels.
Compare wisely, use free demo platforms if available, and always trade with a clear strategy. With the right Demat account, your stock market journey can be smooth and successful.