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Best List Demat Accounts

Best Demat & Trading Accounts in India (2026)

Quick answer

Zerodha is our top pick: low-cost broker with clean platforms. Also great: Groww for beginners and mutual fund investors.

By Buyrskip Editorial Team Updated 1 min read

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This is general information, not financial advice. Card approval, fees, rewards and interest rates are set by the bank and can change; read the issuer's terms before you apply.

Our picks at a glance

  1. Best overall Zerodha Best for long-term investors and traders
    Open Zerodha account
  2. Best for beginners Groww Best for beginners and mutual fund investors
    Open Groww account
  3. Best for active traders Upstox Best for active traders
    Open Upstox account
  4. Best for research Angel One Best for investors wanting research
    Open Angel One account

Paid link: buttons go to the retailer. Prices change often, so we link to the current price instead of listing one.

Comparison table

FeatureZerodhaBest overallGrowwBest for beginnersUpstoxBest for active tradersAngel OneBest for research
VerdictBuyBuyConsiderConsider
Best forLong-term investors and tradersBeginners and mutual fund investorsActive tradersInvestors wanting research
Key featureLow-cost broker with clean platformsVery simple appLow brokerage and good chartsResearch and advisory tools
PriceFree equity delivery; flat fees for intraday and F&OZero-commission direct mutual funds; brokerage on stocksLow flat brokerageFree delivery; flat fees on others
ProductsStocks, mutual funds, F&O, IPOsMutual funds, stocks, F&O, IPOsStocks, F&O, mutual fundsStocks, F&O, mutual funds
Where to buyOpen Zerodha account Paid linkOpen Groww account Paid linkOpen Upstox account Paid linkOpen Angel One account Paid link

9.0/10 research score

1Best overallBuy

Zerodha

Low-cost broker with clean platforms. Best for long-term investors and traders.

Buy it if
You want a low-cost, reliable demat and trading account with great tools.
Skip it if
You want stock tips or a full-service advisor.

Pros

  • Low brokerage
  • Kite and Coin platforms
  • Strong investor education (Varsity)

Cons

  • No research tips or advisory
Key specifications
Products
Stocks, mutual funds, F&O, IPOs
Open Zerodha account Paid linkRead the full reviewFree equity delivery; flat fees for intraday and F&O

8.8/10 research score

2Best for beginnersBuy

Groww

Very simple app. Best for beginners and mutual fund investors.

Buy it if
You are new to investing and want a simple app for mutual funds and stocks.
Skip it if
You need advanced trading tools.

Pros

  • Very easy app
  • Direct mutual funds

Cons

  • Fewer advanced tools
Key specifications
Products
Mutual funds, stocks, F&O, IPOs
Open Groww account Paid linkRead the full reviewZero-commission direct mutual funds; brokerage on stocks

8.2/10 research score

3Best for active tradersConsider

Upstox

Low brokerage and good charts. Best for active traders.

Buy it if
You trade actively and want low costs.
Skip it if
You want the simplest beginner app.

Pros

  • Low costs
  • Good charting

Cons

  • App can feel busy
Key specifications
Products
Stocks, F&O, mutual funds
Open Upstox account Paid linkRead the full reviewLow flat brokerage

8.0/10 research score

4Best for researchConsider

Angel One

Research and advisory tools. Best for investors wanting research.

Buy it if
You want a broker with research reports and recommendations.
Skip it if
You want minimal notifications and upsells.

Pros

  • Research tools
  • Large network

Cons

  • Frequent promotions
Key specifications
Products
Stocks, F&O, mutual funds
Open Angel One account Paid linkRead the full reviewFree delivery; flat fees on others

Compare more demat accounts on Amazon Paid link

How we chose

Zerodha, Groww, Upstox and Angel One compared on charges, platforms, research and ease of use. We compared features, pricing pages, terms, support channels and how each service works for people in India, then gave each one a clear verdict.

What to look for

  • Account opening and annual maintenance charges.
  • Brokerage for delivery, intraday and F&O.
  • Platform quality and stability.
  • Research and education.

Frequently asked questions

Which demat account is best for beginners?

Groww is the easiest to use; Zerodha is the best all-rounder with low costs and excellent education.

Is trading in F&O risky?

Yes. SEBI studies have found that most individual F&O traders lose money. Invest only what you can afford to lose and understand the risks.

Buyrskip Editorial Team

Part of the Buyrskip research team. We compare specifications, documentation and real-world trade-offs so you can decide faster.

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