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Zerodha (Trade with the best stock broker)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Demat account is an online account for holding shares and mutual funds. The demat account is opened with a depository participant DP (usually the stockbroker). DP is a member of CDSL or NSDL, the central depositories who actually hold the demat accounts.
For every transaction at Demat Account, the customer has to pay a fee to the DP. These fees vary by a broker to broker.
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