With whom can we open a free demat account for shares trading in India and Why?

asked Tuesday, November 28, 2023

Brokers in India are classified into two types based on the services they offer and the fee they charge:

Full-service Broker (Top 10 Full-service Brokers)
Discount Broker (Top 10 Full-service Brokers)

Here is the list of companies where you can open a free demat account. These platforms offer free demat accounts with no account opening fees or account maintenance charges, making them an attractive option for investors looking for a low-cost solution.

Broker	Demat Account Opening Fee	Demat Account AMC
Prostocks	Rs 0 (Free)	Rs 0 (Lifetime Free)
5paisa	Rs 0 (Free)	Rs 0 holding value is less than Rs 50,000 & up to 1 Demat account
Dhan	Rs 0 (Free)	Rs 0 (Lifetime Free)
Upstox	Rs 0 (Free)	Rs 0 AMC
Groww	Rs 0 (Free)	Rs 0 (Free)

answered Tuesday, November 28, 2023

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With whom can we open a free demat account for shares trading in India and Why?

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