It is necessary that you have a demat account to invest or trade in the stock market. If you want to invest money or do trading in the stock market, then it is important that you have a Demat account. If you are thinking of opening your demat account then read this article completely because in this article we are going to tell you about ‘Top 5 Demat Account Broker in India’. You can easily invest in stocks by opening a demat account with these brokers.
Top 5 Demat Account Broker
The stock market is considered to be the best investment option at present in which good returns can be obtained on investment in a very short time. If you want to invest in the stock market, then it is important that you have a Demat account. At present, there is not just one but many broker platforms available in India for opening a Demat account. But the Top 5 Demat Account Broker in India are as follows:
1. Zerodha
Zerodha is one of the largest stock market brokers operating in India which is currently providing its stock market broking facility to millions of people. If you are thinking of investing and trading in the stock market by opening a demat account, then Zerodha is one of the best options available. On Zerodha you can open your demat account and start investing in the stock market while sitting at home.
To open an account on Zerodha, you will have to pay only ₹ 200 charge, while your account maintenance charge will be ₹ 300 annually. Zerodha provides you 3 in a 1 account which includes a demat account, a trading account and a savings account. Zerodha caters to all your stock market-related retirement needs and that is why it is considered one of the best stock market broking platforms and we have included it in ‘Top 5 Demat Account Broker in India’.
2. Upstox
Upstox is also one of the largest stock market broking platforms currently operating in India. By opening a demat account on Upstox, you can easily start investing and trading in the stock market. Like Zerodha, Upstpx also offers you 1which includes Demat account, Trading account and Savings account. This improves your stock market experience and you are able to do all the stock market-related work on a single platform.
To open a demat account on Upstox, you will neither have to pay any opening charge nor any annual maintenance fee charged by Upstox. In such a situation, if you are looking for the best broking platform to open a demat account, then Upstox is one of the best options. In just a few minutes, you can open your demat account on Upstox sitting at home and then start trading on it.
3. Angel One
Angel Broking, now known as Angel One, is one of the largest stock market brokers in India providing the best stock market broking facilities for investors to invest in the stock market. Using the Angel One platform, you can not only invest in the stock market but also trade. Like other digital broker platforms, Angel One also provides you with a three-in-one account which includes a Demat account, Trading account and Savings account.
You can open a Demat account at Angel One free of cost and there will be no account maintenance charges for the first year. Additionally, Angel One is one of the stock market broking platforms charging the lowest brokerage at present and that is why we have included Angel One in our ‘Top 5 Demat Account Broker in India’ list. By opening your account at Angel One you can easily start investing or trading in the stock market.
4. PayTm Money
Paytm Money is one of the best brokers in India to invest in the stock market. Paytm is currently one of the largest companies providing digital banking facilities which provides many types of facilities to the people which also includes investment facilities. Through Paytm’s Paytm Money application, you can easily invest in the stock market as well as many other investment options, which include investment options like mutual funds.
To open an account on Paytm Money, you will have to pay only ₹ 200 opening charge. No maintenance charge is taken from investors through Paytm Money. By downloading the Paytm Money application, you can create your account on it and then start investing and trading in the stock market through it. PayTm Money provides you with a very easy-to-use interface to invest or trade in the stock market, which allows you to invest in the stock market easily.
5. ICICI Direct
At present, ICICI is not only one of the biggest names in the world of banking in India but it is also one of the biggest names in the world of investment. Apart from banking facilities, ICICI provides many other facilities, one of which is a stock market broking facility, in which it is much better. Yes, through ICICI Direct you can easily invest or trade in the stock market. Like other booking platforms, it also offers you 3 in 1 account.
The special thing about ICICI Direct is that apart from stocks, you can also easily invest in F&O, IPOs, mutual funds etc. Through ICC, you can easily invest not only in the Indian market but also in the global market and many people like ICICI Direct Co to do the same. Opening an account in ICICI Direct is very easy and after opening the account, you can invest in the stock market through it.
Conclusion!
The Stock Market is considered to be one of the best investment options at present, but despite that, many people are not able to invest in the stock market, the main reason being that they do not have a demat account. If you want to invest in the stock market then you will need a demat account. That is why we have prepared this article in which we have given information about ‘Top 5 Demat Account Broker in India’ in easy language.