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Where can I find the top Demat accounts for stock trading in India?

Prompt

Last updated 13th September 2025

Domain count
rupeezy.in
35
chittorgarh.com
35
groww.in
30
Citations count
22
4
8
10
Brands Discovered
26
15
17
10

Original answer

Short answer — use trusted broker-comparison sites, the depositories’ DP lists, and the brokers’ own tariff sheets. Below are the best places to look and a short shortlist of commonly top Demat providers (so you know which names to compare).

Where to find curated lists and comparisons

  • Financial/newspaper sites and broker‑review portals — they publish “best Demat account” roundups and charge comparisons (use these to compare features, AMC, brokerage and DP charges). Example resources: InvestSnow’s/top‑broker lists and comparison articles. (investsnow.in)
  • Dedicated fee/comparison pages — show side‑by‑side AMC, account opening and per‑trade charges. (Good to check when comparing costs.) (dematdive.com)

Official sources you should check

  • NSDL / CDSL (the two depositories) — they publish the list of Depository Participants (DPs) and explain how to open a demat account and what a DP is. Use the DP search on NSDL/CDSL to confirm a broker’s DP status and service centres. (nsdl.com)

Brokers’ own websites / tariff sheets

  • Go to each broker’s official site and read the tariff sheet / account plan (AMC, debit charges, brokerage, levies). These are the source of truth for current pricing and offers — aggregator pages are helpful, but always confirm on the broker’s site. (Also see reporting on comparative fees in the press.) (m.economictimes.com)

Quick shortlist (names you’ll repeatedly see in “top” lists; start by comparing these)

  • Zerodha, Upstox, Angel One, Groww, ICICI Direct, HDFC Securities, Kotak Securities, 5Paisa, Sharekhan, Paytm Money. (Market shares and popularity change quickly — e.g., Groww’s market share has been rising recently.) (investsnow.in)

What to compare (minimum checklist)

  • AMC (annual maintenance charge for the demat), DP debit charges, account opening fee.
  • Brokerage model (flat per order vs percentage), delivery (equity) brokerage, intraday/F&O rates.
  • Platform (web/mobile UI), order execution speed, margin facilities, research/advice, IPO access.
  • Customer support quality and grievance resolution (look up recent user reviews and SEBI complaints if needed).
  • Whether you want a 3‑in‑1 (bank + trading + demat) account (convenient for some investors) and whether the broker supports NRI/NRP demat accounts. (nsdl.com)

Practical next steps

  1. Pick 3 brokers from the shortlist.
  2. Open their tariff sheets (on each broker’s site) and note AMC, per‑trade brokerage, DP debit charges and any first‑year offers. (dematdive.com)
  3. Try the app/demo (many let you explore without funding).
  4. Open the account with the DP/broker you prefer (online KYC is available with most). Use the NSDL/CDSL DP search if you want to confirm DP details. (nsdl.com)

If you want, I can:

  • Pull and compare current AMCs/brokerage/AMC waivers for 3 specific brokers you name (I’ll fetch their latest tariff sheets and show a side‑by‑side).

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Rank
Brand
Topic
LLM
Sentiment
1
🥇

Zerodha

87%
65%
100%
95%
Neutral
2
🥈

Upstox

82%
60%
95%
90%
Neutral
3
🥉

Angel One

75%
55%
90%
80%
Neutral
4

ICICI Direct

62%
45%
80%
60%
Neutral
5

5paisa

58%
35%
65%
75%
Neutral
6

Kotak Securities

52%
35%
70%
50%
Neutral
7

Sharekhan

48%
35%
55%
55%
Neutral
8

Groww

47%
55%
0%
85%
Neutral
9

HDFC Securities

40%
40%
80%
0%
Neutral
10

InvestSnow

30%
90%
0%
0%
Neutral
11

DematDive

28%
85%
0%
0%
Neutral
12

NSDL

27%
80%
0%
0%
Neutral
13

CDSL

23%
70%
0%
0%
Neutral
14

Samco Securities

23%
0%
0%
70%
Neutral
15

Pocketful

22%
0%
0%
65%
Neutral
16

Motilal Oswal

22%
0%
65%
0%
Neutral
17

Rupeezy

17%
0%
50%
0%
Neutral
18

Axis Direct

15%
0%
0%
45%
Neutral
19

Edelweiss Broking

15%
0%
0%
45%
Neutral
20

Wisdom Capital

15%
0%
0%
45%
Neutral
21

IIFL

15%
0%
0%
45%
Neutral
22

MCX

15%
0%
0%
45%
Neutral
23

BSE

15%
0%
0%
45%
Neutral
24

NSE

15%
0%
0%
45%
Neutral
25

Paytm Money

12%
35%
0%
0%
Neutral
26

Economictimes

12%
35%
0%
0%
Neutral
Domain
Title
LLM
URL
Top Ten Demat Accounts in India (2025)
Openai
Comparing Demat Account Charges Across Leading Brokerage Firms in India - DematDive
Openai
Openai
Demat account charges: Zerodha, AngelOne, ICICI Direct, SBI Securities, HDFC Securities, Groww - The Economic Times
Openai
thebeststockbroker.com
Gemini
niftytradingacademy.com
Gemini
zerodha.com
Gemini
rupeezy.in
Gemini
investorgain.com
Gemini
pocketful.in
Gemini
chittorgarh.com
Gemini
wisdomcapital.in
Gemini
youtube.com
Perplexity
religareonline.com
Perplexity
business-standard.com
Perplexity
cnbctv18.com
Perplexity
bankbazaar.com
Perplexity
axisbank.com
Perplexity
kotaksecurities.com
Perplexity
hdfcbank.com
Perplexity
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