Which broker in India allows opening of demat and trading account in the name of the minor?

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.

ProStocks.com is among the most popular in minor account offerings. People also like them because they don't charge any account opening fee and Demat AMC is free for life after you pay a one-time refundable deposit of Rs 1000 to them.

Topic: Minor Demat & Trading Account Explained - IPO, Tax, NCD FAQ Article

1 Comments

1. Jigar Shah

| Link | Oct 26, 2020 3:45:31 PM Reply

DOES ZERODHA OR UPSTOX OPEN MINOR TRADING AND DEMAT ACCOUNT

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1.2. Narendra Shere

| Link | Dec 5, 2021 12:47:21 PM

I checked with Angel Broki, but they are saying minor DMAT can not be open. Age should be 18years and above

1.3. jugnu

| Link | Dec 14, 2021 3:59:03 PM

I tasked with Zerodha, Angel one, 5Paisa etc. and what they say:-
Zerodha: only demat account can be opened only if Guardian/parent already have account with them. procedure will be online.
Angel One: same as Zerodha but procedure is offline.
5Piasa: no option for minor account at all.

recently found prostocks.com and they only minor account can be opened which is also online. seems good for me. I will try to open it soon.

hanks

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