Demat accounts have become an integral part of India’s investment landscape. These digital repositories for storing and managing financial securities have made investing more accessible and convenient than ever before. While many traditional brokerages charge commissions for buying and selling securities, some brokerages have introduced Demat accounts that are free of brokerage fees. These accounts allow investors to trade without incurring traditional brokerage fees. In this guide, we will explore some of the best Zero brokerage demat accounts available in India.
Upstocks
Upstox is a popular online brokerage firm in India that offers a Zero brokerage demat account or zero-brokerage plan called Upstox Basic. The plan allows investors to trade delivery of stocks without brokerage fees. This is especially attractive for long-term investors. Upstox offers a user-friendly mobile app and web platform that is accessible to both beginners and experienced traders.
Zerodha
Zerodha is one of the largest and most famous discount brokerage companies in India. They offer a Zero brokerage demat account or zero brokerage fee plan for stock delivery transactions. Zerodha’s flagship platform Kite is known for its simplicity and powerful features. We also have a dedicated customer support team to assist our customers.
Angel Broking
Angel Broking offers investors a unique zero-brokerage plan. We charge a flat fee per order rather than a percentage broker fee. This is cost-effective for high-frequency traders. Angel Broking offers a feature-rich trading platform and research tools. Check more on TradingView.
5Paise
5paisa is another online broker that offers a Zero brokerage demat account plan for stock delivery trading. It offers a mobile app with a user-friendly interface and offers a wide range of investment options including stocks, mutual funds, and more. The platform is known for its competitive pricing and seamless user experience.
Paytm Money
Paytm Money has entered the brokerage industry with a Zero brokerage demat account model. Investors can trade delivery of stocks without incurring brokerage fees. The platform is tightly integrated into the Paytm ecosystem and provides convenience to investors who are already using other Paytm services.
Alice Blue
AliceBlue offers a zero brokerage fee plan for stock delivery transactions. They have a web and mobile trading platform known for advanced charting features and low latency. Although the brokerage is relatively small compared to some industry giants, it has earned a reputation for competitive pricing. Check more on TradeView.
TradeSmart Online
TradeSmart Online offers a Zero brokerage demat account for stock delivery trading for a fixed monthly fee. For more active traders, this can be a cost-effective option. The broker offers web-based and mobile trading platforms, as well as comprehensive tools and research resources.
Samco
Samco is a discount broker that offers the zero brokerage fee plan, “Samco Stock Note.” Investors can trade delivery of stocks without incurring brokerage fees. Known for its innovative trading platform, Samco offers a variety of services including margin products and research reports.
Fires
Fyers is a technology-focused brokerage that offers a Zero brokerage demat account for on-delivery stock trading. They have web and mobile trading platforms that are known for their simplicity.