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 analysed & 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
  • Best Demat Account for Small Investors
  • Demat Account for Intraday Trading
  • Best Demat Account Bank
  • Best Demat Account Lowest 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 Best Demat Account Online

Rank Broker Ratings
1 Zerodha 8.60/10
2 Angel Broking 8.30/10
3 Sharekhan 8.18/10
4 Edelweiss 8.14/10
5 5Paisa 8.04/10
6 Kotak Securities 7.96/10
7 IIFL 7.94/10
8 Motilal Oswal 7.84/10
9 ICICI Direct 7.80/10
10 Karvy 7.76/10

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.


Best Demat Account in India

Best 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. 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 Bank

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 Lowest 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.

Best 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 account 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.


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  1. Open Demat AccountBecome Sub Broker

List of all Full-Service Brokers in India –

Angel Broking , Motilal Oswal , Kotak Securities , HDFC Securities , Sharekhan , India Infoline / IIFL , ICICI Direct , Edelweiss , Karvy , SBI Cap Securities , Geogit BNP Paribas , Anand Rathi , Religare Securities , Indiabulls Ventures , Just Trade , Ventura Securities , Marwadi Group , Aditya Birla Money , Axis Direct , SMC Global , GEPL Capital , IDBI Direct , GCL Securities , Arihant Capital , Mangal Keshav , MasterTrust , Networth Direct , Reliance Securities , Sushil Finance , LSE Securities

List of all Discount Brokers in India –

Zerodha , 5Paisa , Upstox / RKSV , Samco , SAS Online , Wisdom Capital , Trade Smart Online , Tradejini , Beeline Broking , Compositedge , RK Global , Achiievers Equities , Bonanza Portfolio , MDirect , TradingBells , EzWealth , Fyers , Fortune Trading

List of Stock Broking Franchise in India –

Angel Broking Franchise , Kotak Securities Franchise , ICICI Direct Franchise , Sharekhan Franchise , Motilal Oswal Franchise , IIFL Franchise / India Infoline Franchise , SMC Franchise , Nirmal Bang Franchise , Sushil Finance Franchise , Profitmart Franchise

Important Blog Posts –

Top 10 Stock Brokers in India , Best Stock Broker in India , Top 10 Intraday Trading Brokers in India , Top 10 Sub Broker Partner in India , Full Service Broker vs Discount Broker in India , 10 Best Practices of Share Market Investment , Mutual Fund vs Real Estate Investment , Top 10 Full Service Brokers in India , Top 10 Discount Brokers in India

2 thoughts on “Best Demat Account in India – List of Top 10 Demat Account Providers

  • August 17, 2018 at 19:34
    Permalink

    Dear Sir/Madam,
    I like to open 2 in 1 account at zerodha.
    please let me know whether they will help to invest in IP0 and also explain whether we have facility for purchasing IPO share through them.
    Regards,
    Babu

    Reply
    • August 19, 2018 at 20:04
      Permalink

      Dear Babu,

      You can easily apply for IPO online via Zerodha. Process is very simple & quick.

      Reply

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