Best Demat Accounts in India

You need a Demat account to invest in the Indian stock market. There are many brokers that offer Demat account service, but the selection depends on your needs. There are some accounts that are best suited for active traders, and there are some accounts that are best suited for long-term investors.

Here you are going to know the best Demat account in India for 2025 and the best Demat account for beginners to invest with convenience.

What is a Demat Account?

A Demat account enables investors to hold financial assets like stocks, mutual funds, ETFs, bonds, etc. in electronic form. Previously, these securities were conducted in the physical certificate format and were prone to losses, theft, and forgery risks. Demat accounts were launched in order to avoid such risks and to offer a more secure and convenient means of transacting with the investments.

Key Features to Consider in a Demat Account App

1. Brokerage – Choose a broker with the lowest trade-execution fee.

2. Account Maintenance Fees – Choose brokers with the lowest account maintenance fee per year.

3. Account Opening Fees – Choose brokers who charge no or minimal opening account fees.

4. Margin Interest – Choose brokers with lower interest on margin trading facilities.

5. Research Tools – Choose brokers who provide advanced trading and market analysis software.

6. Customer Support – Receive prompt and effective support for any account-related issues.

A Quick Guide About Demat Accounts in India

Best Demat Accounts in India

1. Zerodha

Zerodha is a leading player in Indian stockbroking with technology-enabled trading platforms. Zerodha pioneered the flat broking model, shifting the pattern of charging trading fees in India.

Key Features:

• Simple trading platform for new traders and expert traders.

• Professional customer care to solve client issues effectively.

• It provides a free learning platform which is Varsity. Through this, you can learn about your client.

Best For: Investors looking for a low-cost platform with the lowest brokerage can opt for Zerodha.

2. Angel One

Angel One is one of the top full-service brokers in India, providing equity, commodities, derivatives and other trading and investment-related services. The platform also offers mature investment advisory services supported by advanced technology with a customer-focused approach.

Key Features:

• Client-based model, ensuring smooth support and services.

• State-of-the-art trading solutions are provided through an easy-to-use application.

• Strong offline network with offices across the country.

Best For: Offline and online broking services – favored traders and investors.

3. ICICI Direct Securities

ICICI Direct Securities, belonging to ICICI Bank, is one of India's top stockbrokers. It offers a three-in-one account with savings, trading, and Demat services along with multiple investment products tailored to meet different investor needs.

Key Features:

• Strong local presence in the form of branch offices to cater to the investor demands.

• Access to sophisticated research and consultancy infrastructure.

• Personalized wealth management solutions for personalized investor requirements.

Best For: Investors who require hand-holding through branch office outlets and personalized advice.

4. Kotak Securities Limited

Kotak Securities, a subsidiary of Kotak Mahindra Bank, offers easy interlinking of bank, trading, and Demat accounts. It offers equities, commodities, and derivatives, along with Neo Web and Kotak Neo mobile apps for real-time market updates.

Key Features:

• Offers various investment options, such as equities, commodities, and mutual funds.

• Provides investor education through a number of online courses and tutorials.

• Backed by Kotak Bank, thereby ensuring the brand name and reputation are good and trustworthy.

Best For: Traders who want to gain something in the market while trading fearlessly.

5. Upstox

Upstox provides an online trading platform with advanced technical analysis facilities, allowing traders to research trends between commodities and stocks. Its strategy and option chain mode features provide users with the ability to plan and place trades without complications.

Key Features:

• An easy mobile phone app ideal for first-time users to start trading.

• Watchlist multiple for tracking equities, commodities, and intraday recommendations.

• No maintenance charges on an Upstox account in a year.

Best For: Intraday and swing traders through technical analysis.

6. 5Paisa

5Paisa is among India's leading discount brokers with low-cost commodity, mutual fund, and equity trading. As an AMFI-approved distributor of mutual funds, it aims to deliver convenience and affordability of investing to investors of all classes.

Key Features:

• Easy-to-use web and mobile interfaces for convenient trading.

• Investing directly in mutual funds on the website.

• FnO360 website gives advanced facilities to assist in taking rational trading decisions. 

Best For: Investors who want to learn the stock market through interactive workshops.

7. Sharekhan

Sharekhan is one of India's oldest online trading brokers, expanding rapidly with a pan-India franchise network. Sharekhan was funded by international and domestic financial institutions through the years, giving it credibility and scalability.

Key Features:

• Lean mobile app with advanced trading tools for investors.

• Sharekhan Classroom, an online course offering extensive training to investors.

• The customer service team is dedicated to resolving client queries at the earliest.

Best For: Investors who are interested in learning technical as well as fundamental analysis.

8. Motilal Oswal

Motilal Oswal is one of the top Indian broking firms with advisory, portfolio management, and investment in asset classes. It has three decades of experience and industry award wins and offers research reports and advanced trading tools on its website and mobile app.

Key Features:

• Specifically designed financial products tailored to the specific needs of individual investors.

• Simple and easy-to-use mobile app with an effortless trading experience.

• Securities-based loans for eligible investors.

Best For: Investor customers looking for access to a variety of complex financial instruments, such as portfolio management schemes.

9. SBI Securities

SBI Securities, the arm of India's largest public sector bank, State Bank of India, offers safe trading and investing options. Famous for its extensive branch network and government-backed reputation, the website offers equity and commodity dealing along with advisory and research services.

Key Features:

• Individual relationship managers for high-net-worth clients.

• Margin trading facilities to enhance the buying capacity of intraday traders.

Best For: New and experienced investors seeking full services, with relatively higher fees.

10. Axis Direct

Axis Direct, a division of Axis Bank and a subsidiary of Axis Securities Limited, is one of India's leading trading platforms. Leveraging the strength of modern technology, it offers convenient banking and Demat account integration to the customers of Axis Bank. Headquartered in Mumbai, the company offers a robust trading and investment platform.

Key Features:

• Refined interfaces for trading and investing for easy implementation.

• Stocks, commodities, and industries are monitored day-to-day with strong fundamental research.

• Margin financing facilities to enhance investors' trading abilities.

Best For: Investors who would want to maximize the utilization of margin trading facilities.

Conclusion

When opening the Demat account, check for services, fees, support and platform features. Short-term investors should select low brokerage and advanced equipment, while long-term investors can go for low or zero annual fees. You can find the best Demat accounts in India by comparing the top 10 Demat accounts, which offer user-friendly platforms, affordable charges, and commendable customer support. These things make your investing journey smooth and efficient.