Best Demat Account in India – List of Top 10 Demat Account Providers

Here is our list of Best Demat Account in India. This list of top 10 demat account has been identified after rigorous study of 150 parameters related to demat account opening.

Out of these 150 parameters we have been able to finalize 5 major parameters which we have analyzed & worked upon to create this list of best demat account services in India.

Lets have a look at these 5 Parameters:

  • Best Demat Account for IPO
  • Top Demat A/C for Small Investors
  • Demat Account for Intraday Trading
  • Best Demat a/c with Banking Broker
  • Top Demat Account with Low Brokerage

We will discuss these 5 parameters in detail post checking our list of stock broker with best demat account.


Best Demat Account in India – List of Top 10 Demat Account Online

RankBrokerRatings
1Zerodha Demat Account8.60/10
2Angel Broking Demat Account8.30/10
3Sharekhan Demat Account8.18/10
4Edelweiss Demat Account8.14/10
55Paisa Demat Account8.04/10
6Kotak Securities Demat Account7.96/10
7IIFL Demat Account7.94/10
8Motilal Oswal Demat Account7.84/10
9ICICI Direct Demat Account7.80/10
10Karvy Demat Account7.76/10

Since, you are aware of top 10 demat account providers, now lets have a detailed analysis of 5 parameters that are used to make this list of 10 brokers are providing best demat services.


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    Best Demat Account for IPO

    Investing in IPO is now a very simple process where the client can easily fill up an online form & proceed for investing in an IPO.

    IPO investment is very critical for any type of client, the easier the process the more comfort for the client.

    After analyzing all the brokers, we found that kotak securities & zerodha has a very simple & convenient way of filling & submitting the form.

    The entire experience was very smooth & easy. Hence, we rate kotak securities & zerodha as combine no.1 for this parameter, followed by ICICI Direct, Edelweiss & Angel broking.


    Top Demat Account for Small Investors

    A small investor is someone who is not a trader or high volume Investor. A small investor could be someone who is also looking for a long term investment or for tax saving purposes.

    Best Demat Account in India

    A Broker with a very low brokerage rate & who provides very good advisory will always be preferred.

    Post experience with the renowned brokers, we realized that zerodha leads the game here too.

    This discount broking house doesn’t change any brokerage on delivery trading which is ideal with small investors.

    Angel broking is at no.2 in this list as their brokerage rate is also low & their advisory services is quite accurate.

    Sharekhan, IIFL & Karvy had taken 3rd, 4th & 5th position respectively. These brands are also very competent in brokerage rate & are known for their stock recommendations.


    Best Demat Account for Intraday Trading

    Intraday trading is a process where buy & sell of a share happens on the same day.

    Intraday trading is one of the most important feature of any stock broking house as it is directly related to companies revenue.

    Mostly all broking house are doing their best to lure Intraday traders for demat account. The most important driver of Intraday Trading is brokerage charges & trading platform features.

    5Paisa is leading the race in this parameter, followed by zerodha, angel broking, sharekhan & edelweiss.

    5Paisa is leading because of its lowest brokerage charges, while zerodha is at no.2 because of both low brokerage charge & trading platform.


    Best Demat Account with Banking Broker

    This parameter is very straight forward as many client look to invest in stock market via bank.

    The major reason behind the same is client feels that their money is safe with the bank once they transfer money to trading account.

    This parameter doesn’t only concern banking companies providing demat account but also normal stock brokers having best in class banking solution with 3rd party banks.

    This parameter is extremely important as it relates to safety of their money. For sure most of the banks with very good demat services will lead the way here.

    Kotak securities is ranked no.1 in this parameter. 2nd is ICICI Direct followed by HDFC Securities, SBICap Securities.

    Surprisingly, at no.5, we have a non-bank stock broker i.e. angel broking with their superb banking solutions.


    Best Demat Account with Low Brokerage

    Last but not the least, This is one of the most important parameter for finalizing the best demat account in India. Low brokerage drives all types of investors towards the stock broker.

    Discount brokers like zerodha & 5Paisa have made massive brand out of them because of their discount broker strategy.

    Discount Brokers will always win this race. 5Paise is no.1 in this category. Zerodha is 2nd, followed by angel broking, sharekhan & edelwiess.


    Apart form these 5 parameters, there are few more which we have used to determine the ranking of best demat account. These parameters are:

    Best Demat Account Online

    Zerodha & Angel broking leads against all competition here. They have been a pioneer in online demat account opening in India.

    Top Demat Account for Beginners

    A stock market beginner will always like to go with full service broker who provides very good advisory. Kotak securities, Sharekhan, Angel Broking leads the way here.


    Best Demat Account Comparison – Conclusion

    Zerodha leads the way among all other full service & discount brokers majorly because of their strong free delivery trading product & powerful trading platforms.

    Angel broking ranks no.2 for best demat account in India for their massive inclination towards digitization & adopting new technology fast.

    Sharekhan, Edelweiss & 5Paisa are also competing very rigorously for this 1st & 2nd position & are not far behind.

    All the above mentioned 10 broking house have best in class demat a/c service. Anyone looking to finalize a broker should always choose based on their individual requirement.

    Understand your requirement before taking a final decision or fill up our form & we will suggest the best broker suitable for you.


    Best Demat Account FAQs

    Ques – How to find the best Demat account offers in India?

    Answer – Around about 150 para metres have been studied in order to come to a final decision of which is the best demat account offer in India. Five major para metres have been finalised and worked upon in order to find the most appropriate one.

    Ques – Which is the best Free Demat account in India?

    Answer – Zerodha, with a  8.60/10 rating, is the best free demat account in all of India. This has been drawn after comparing every firm based on 5 very rigid parameters.

    Ques – Which is the best Demat account for beginners?

    Answer – Kotak Securities will always be the best demat account for beginners. While choosing this, one thing needs to be kept in mind and that is a stock market beginner should make sure to go along with a full service brokers who are good at providing support and advises.

    Ques – Which is the best Demat account for traders?

    Answer – Zerodha, is hands down, the best demat account for traders all over. Its brokerage fee is extremely feasible and this assists traders and investors alike to put in less money but draw out immense profit all year round.

    Ques – How to find the best Demat account for IPO investment?

    Answer – Investing in something such as an IPO is pretty simple. The customer can fill in the form online and start investing in it. Nonetheless, it is really critical for any client and after careful evaluation we have come to the conclusion that Kotak securities and Zerodha have a pretty convenient way of form filling when it comes to IPO.

    Ques – Which is the best Demat account for Mutual Fund investment?

    Answer – ShareKhan has the best system for Mutual Fund investment. SBI, HDFC or any other bank login when it comes to mutual fund investment is really hassle-free and you can keep your shares under one custody.

    Ques – Which Demat and trading account is best for intraday trading?

    Answer – It goes without saying that intraday trading is a mandatory feature of a stockbroking firm. Herein, 5Paisa leads the match with its low brokerage fee and trading platform.

    Ques – Where can I compare best Demat account in India?

    Answer – You can compare the best demat accounts in India on our website itself. We provide five very rigid para metres, based on which, the best demat accounts on every factor, is provided to you. The five para metres being:

    • Best Demat Account for IPO
    • Top Demat A/C for Small Investors
    • Demat Account for Intraday Trading
    • Best Demat a/c with Banking Broker
    • Top Demat Account with Low Brokerage

    Ques – Which is the best trading account with lower brokerage?

    Answer – It goes without saying that low brokerage fee attracts investors and traders in every stockbroking company. Herein, Zerodha and 5Paisa have been massive firms to provide discount brokerage strategies to their customers.

    Ques – Which is the best banking broker Demat account?

    Answer – This factor is apparently pretty amusing because a lot of clients want to invest their money with brands which also have a key role to play in the banking sector. One of the main reasons for this to happen is because they want their money to be safe. This doesn’t only include the banking agencies but also the stockbrokers to have the best banking solution. Kotak Securities wins this race followed by ICICI Direct.


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      1. Open Demat Account

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