best demat account with lowest brokerage in India

Best Demat Account with Lowest Brokerage in India (2025 Guide)

In today’s fast-evolving financial landscape, selecting the best demat account with lowest brokerage in India has become crucial for retail investors, traders, and beginners alike. With an explosion in online trading platforms, it's essential to understand how to balance brokerage charges, features, and account services to maximize your stock market returns.

In this in-depth guide, we’ll explore the top demat accounts with minimal brokerage fees, break down key features, and help you make a smart and informed decision.

🧭 What is a Demat Account?

A Demat (Dematerialized) Account is used to hold shares and securities in electronic format. It eliminates the need for physical certificates, making the entire process more secure, faster, and seamless.

> If you want to invest in equity, ETFs, mutual funds, or IPOs, having a Demat account is non-negotiable.

💰 Why Brokerage Charges Matter for Investors

Brokerage fees are the charges levied by brokers for executing buy/sell orders. If you trade frequently, high brokerage can eat into your profits, especially in intraday and futures & options trading.

Key Points:

Lower brokerage = more profit retention.

Hidden fees and account maintenance charges can add up.

Flat-fee brokers vs percentage-based brokers.

🏆 Top 5 Best Demat Accounts with Lowest Brokerage in India – 2025

Here’s a well-researched list of the top-performing demat account providers offering lowest brokerage rates without compromising on features.

✅ 1. Zerodha

Brokerage: ₹20 or 0.03% per executed order (whichever is lower)

Account Opening Charges: ₹200

AMC: ₹300/year

Best For: Active traders & investors

Why Choose Zerodha:

Zerodha is India’s largest discount broker, known for its lightning-fast platform Kite, transparent pricing, and powerful tools like Console and Sensibull.

✅ 2. Groww

Brokerage: ₹20/order (Flat rate)

Account Opening Charges: ₹0

AMC: ₹0

Best For: Beginners & long-term investors

Why Choose Groww:

With an intuitive app and no annual charges, Groww is ideal for those starting out. The platform also allows easy investing in mutual funds and US stocks.

✅ 3. Upstox

Brokerage: ₹20/order or 0.05% (Lower of the two)

Account Opening: ₹0 (Limited-time offer)

AMC: ₹150/year (1st year free)

Best For: Mobile-first users

Why Choose Upstox:

Backed by Ratan Tata, Upstox offers blazing-fast trades and comprehensive charts via Upstox Pro.

✅ 4. Angel One

Brokerage: ₹20/order flat (zero brokerage for first 30 days)

Account Opening: ₹0

AMC: ₹0 for 1st year

Best For: Beginners & intermediate traders

Why Choose Angel One:

Angel One’s Smart API tools, ARQ Prime recommendations, and full-service offerings give it a unique edge.

✅ 5. 5paisa

Brokerage: ₹10/order (Ultra-low!)

Account Opening: ₹0

AMC: ₹45/month (Free under premium packs)

Best For: Budget-conscious investors

Why Choose 5paisa:

Known for its value-for-money trading, 5paisa offers access to mutual funds, insurance, and loans—all in one app.

🔍 Comparison Table: Lowest Brokerage Demat Accounts in India

Broker Brokerage AMC Account Opening Best For

Zerodha ₹20 or 0.03% ₹300/year ₹200 Advanced traders

Groww ₹20/order ₹0 ₹0 Beginners

Upstox ₹20/order ₹150/year ₹0 Mobile users

Angel One ₹20/order ₹0 (1st year) ₹0 All-in-one experience

5paisa ₹10/order ₹45/month ₹0 Budget-friendly investors

🧠 How to Choose the Right Low-Brokerage Demat Account

Choosing the right demat account goes beyond just brokerage charges. Consider the following:

📊 Trading Volume

If you’re a daily or weekly trader, opt for flat-rate brokerage like 5paisa or Zerodha.

 🔧 Platform Features

Does the platform offer real-time charts, technical indicators, or algo tools?

Platforms like Upstox and Zerodha offer advanced trading terminals.

 💼 AMC & Hidden Charges

Zero AMC sounds great but watch for:

DP charges

Transaction fees

SMS/call charges

 🧩 Integrated Services

Many brokers now offer:

Direct mutual fund investments

IPO applications

Insurance & loan management

🚀 Tips to Maximize Profit with a Low Brokerage Account

1. Avoid frequent trading unless necessary.

2. Use limit orders to control costs.

3. Take advantage of zero brokerage offers during promotions.

4. Combine technical analysis tools with well-timed entries.

📢 Final Verdict: Which Is the Best Demat Account with Lowest Brokerage?

If you’re purely focused on lowest brokerage, 5paisa wins hands down at just ₹10/order.

However, if you’re seeking balance between features, platform reliability, and pricing, Zerodha and Groww offer unbeatable value.

Choose the one that aligns with your trading style, volume, and investment goals.

❓FAQs – Best Demat Account with Lowest Brokerage in India

Q1. Which is the best demat account with lowest brokerage in India?

A. 5paisa offers the lowest flat brokerage at ₹10 per trade. However, Zerodha and Groww offer the best overall value with user-friendly platforms and reliable service.

Q2. What is the difference between flat and percentage-based brokerage?

Flat brokerage charges a fixed fee per trade (e.g., ₹20/order), while percentage-based charges depend on trade value (e.g., 0.5% of ₹1,00,000 = ₹500).

Q3. Are there hidden charges apart from brokerage?

A: Yes, some brokers levy transaction charges, DP fees, call & trade charges, and platform usage fees. Always read the fee structure.