By , shubhakshmi Swami
In the stock market, you may find various online Demat account providers. Here, we are going to discuss major discount brokerage accounts who are offering the list of Top 5 Demat Accounts in India.
You can open a Demat Account without possessing any shares and can maintain a zero balance in your account.
Groww is known for its completely free Demat account opening with zero account maintenance charges. It also supports reliable intraday trading, direct mutual funds, and SIPs.
Zerodha is one of the best Demat accounts in India. Zerodha offers all you need in a Demat account. The market research instruments are commendable.
It is now mandatory to open a Demat account if you want to invest in shares and securities and trade them at the stock market.
INDMoney allows you to invest via Drivewealth which is a US company bound by the laws of the US fed. It stored data is protected by authenticated encryption.
Just like a savings account which is used to hold your money, a Demat account is used to keep the shares.
You can check by doing a comparison among those Demat and trading accounts as per the noted factors.
There are no account opening charges for trading aAngel Broking has also introduced an Angel iTrade Plan wherein a flat brokerage shall be charged. nd demat account opening at Angel Broking.
5Paisa Demat Account can be termed as the best Demat account. It has distinctive features in the platform like Equity SIP. They have good Mobile app for trading.
Now, You can decide which one is the best according to your requirements.