Top 10 Demat Accounts in India for Seamless Stock Investing (2025)

Investing in the Indian stock market has never been easier — thanks to online Demat accounts. With just a few clicks, you can open a Demat and trading account, start buying shares, apply for IPOs, and track your portfolio — all from your phone. But with so many brokers offering similar features, choosing the right one can be confusing.

This guide simplifies the process by reviewing the Top 10 Demat Accounts in India (2025) that offer seamless stock investing, low fees, and great user experiences.

What Is a Demat Account?

A Demat (Dematerialized) account stores your shares and securities in digital format, allowing you to buy, sell, and hold investments electronically. To trade in the stock market, every investor in India needs a Demat account, which is regulated by SEBI and maintained by depositories like NSDL and CDSL.

Top 10 Online Demat Accounts in India

Here’s a user-friendly breakdown of the best platforms based on features, charges, ease of use, and user type.

1. Zerodha – Best for Low-Cost Active Traders

Zerodha is India’s largest stock broker with over 1 crore users and a reputation for transparency and performance.

• Delivery Trades: ₹0

• Intraday/F&O: ₹20 or 0.03% per trade

• Platform: Kite (Web + App)

• Best For: Traders, cost-conscious investors

• Why Choose Zerodha? Simple UI, great charting tools, fast execution

2. Upstox – Best Mobile Trading Experience

Upstox is backed by Ratan Tata and known for its fast mobile app, intuitive design, and excellent TradingView integration.

• Delivery: ₹0

• Intraday/F&O: ₹20 per trade

• Best For: Mobile-first users, young investors

• Why Choose Upstox? Clean app, fast onboarding, easy IPO applications

3. Groww – Best for First-Time Investors

Groww started with mutual funds and quickly became a favorite among beginners entering the stock market.

• Delivery: ₹0 account & AMC

• Stock Trading: ₹20 per order

• Best For: New investors, mutual fund users

• Why Choose Groww? Beginner-friendly design, simple interface, fast KYC

4. Angel One – Best Full-Service Discount Broker

Angel One combines research-backed advice with affordable flat brokerage rates.

• Delivery: ₹0

• Intraday/F&O: ₹20 flat

• Best For: Long-term investors needing research help

• Why Choose Angel One? ARQ Prime stock ideas, free reports, Smart Money platform

5. ICICI Direct – Best 3-in-1 Integrated Account

ICICI Direct is perfect for ICICI Bank customers who want to link their bank, Demat, and trading accounts for a seamless experience.

• Delivery/Intraday: Higher than discount brokers

• Best For: Professionals, HNIs

• Why Choose ICICI Direct? Easy bank-trading link, strong research, secure platform

6. 5paisa – Best Value for Money Broker

5paisa is a low-cost broker from the IIFL Group and offers budget trading with optional value packs.

• Delivery/Intraday: ₹20 per order or ₹10 with plans

• Best For: Budget-conscious investors

• Why Choose 5paisa? Direct mutual funds, advanced order types, great app features

7. Paytm Money – Best for App-Based Traders

Paytm Money offers a no-frills stock investing experience ideal for Paytm users.

• Delivery: ₹0

• Intraday: ₹20

• Best For: Young, mobile-first users

• Why Choose Paytm Money? Instant KYC, easy interface, low barriers to entry

8. HDFC Securities – Best for Existing HDFC Customers

HDFC Securities offers 3-in-1 accounts for HDFC Bank customers, with strong security and research services.

• Best For: Conservative investors, HDFC Bank account holders

• Why Choose HDFC? Reliable brand, good advisory, secure platform

9. Kotak Securities (Neo Plan) – Best for Free Equity Trades

Kotak Neo is a zero-brokerage plan designed for young traders seeking an easy start.

• Brokerage: ₹0 for equity under Neo plan

• Best For: Kotak Bank customers

• Why Choose Kotak Neo? Zero-cost equity trading, mobile app, secure banking link

10. Motilal Oswal – Best for Advisory & Portfolio Support

Known for its top-rated research and personalized advice, Motilal Oswal offers much more than basic trading.

• Best For: Long-term investors, research-oriented users

• Why Choose Motilal Oswal? Free reports, guidance, premium services

How to Choose the Right Online Demat Account?

Ask yourself the following:

Final Thoughts

Whether you’re just starting your investment journey or switching brokers for better service, choosing the right Top 10 Demat accounts in India plays a crucial role in your experience. From zero brokerage options like Zerodha and Groww to research-driven platforms like Angel One and ICICI Direct, there’s something for every kind of investor in this list.