Best Demat and Trading Account by Indian Stock Brokers in 2022


Best Demat and Trading Account by Indian Stock Brokers in 2022

Best Demat and Trading Account by Indian Stock Brokers in 2022

The trend and choice of Trading and Investing in Indian Stock Market is increasing day by day as it is a requirement of a better future. Tremendous increase has been observed in the number of people stepping into stock market so far. One of the major reasons for this is because investing in the Stock Market is much easier today. The only way by which one can trade or invest in a stock market is through a broker. It means you must have a Demat and Trading account with an Indian Stock Broker.
Selection of a stock broker, to open a demat account, must be done wisely. As there are number of stock brokers in India, you should select the Best Stock Broker as per your need and services. Basically, there are two types of stock broker in India:
• Discount Stock broker
• Full-service stock broker

Discount Stock broker: This type of broker provides services of Trading. You can opt for a discount broker if you are looking for intraday trading only.

Full-Service Stock broker: This type of broker provides you with a number of services which may include Trading, Investing, Mutual Funds, Financial advisory etc. Which means, your one Demat account is of many uses under a Full-Service Stock broker.

List of Best Indian Stock broker where you can open a demat and trading account is given below:

1. ICICI Direct

ICICI Direct is the largest retail broker and one of the best Indian stock brokers. It is a SEBI registered full-service stock broker, serving from 25+ years and has 50+ lacs customers. At present, it has 170+ branches across India. You can open a free Demat and Trading account at ICICIdirect which means you don’t have to pay any charges to open an account. They offer 50+ investment products and services including Equity, Mutual Funds, Derivatives, F&O, Currency, Commodity, ETF, Insurance, IPOs, Corporate Fixed Deposits, Loans, NPS, Wealth Management, Corporate Services, NRI Services, Portfolio Management Services, Financial Learning etc.
ICICI Direct provides 4 type of Brokerage plans including ICICI Direct Prime, ICICI Direct Neo – which is their zero brokerage plan, Prepaid Brokerage Plan and I-Secure plans. They even offer a NRI brokerage plan for NRI customers. You can choose any of these brokerage plans as per your requirements. Also, you can Invest Globally across 8 countries including US, Europe, China, Japan, UK etc via ICICI Direct. Additionally their award winning Daily Equity Research calls for trading, knowledge centre and investonomics are the aided learning benefits provided by ICICI Direct.

Below are added features and benefits if you open a demat accout with ICICIdirect:
• Mobile Apps– Market App for seamless trading online from your mobile phone, which is one of the best share trading apps in India. Money App for investing in Mutual funds, bonds and other products
• No. of unique brokerage plans to choose form.
• 3 in 1 account (ICICI trading account + ICICI Demat account + ICICI Bank account).
• Get additional benefits worth ₹7,099.
• eATM (money in account within 5 minutes)
• Recommendation on Commodity Market.
• In house research advisory is available.
• Call and Trade facility is available.
• Buy Now, Pay Later through ICICI Direct margin trading facility
• Weekly & Monthly view on market.
• User friendly UI.
• Award winning research team.
ICICI Direct is Highly recommended to open your Demat and Trading account as they provide the best demat and trading account services which is suitable for both beginner and experienced traders/investors.

2. Zerodha

Zerodha is one of the largest stock brokers in India with 40+ lacs active clients. It is a Bangalore based Discount stock broker and was founded by Nithin Kamth and Nikhil Kamath on 15th August 2010. Zerodha is a SEBI registered stock broker and provides services in Equity, Currency, Commodity, IPO and direct mutual funds etc. It has a simple brokerage plan for their customers. Zerodha is Zero -Debt company.

3. Stoxkart

Stoxkart was established in year 2019 and is a Delhi based online discount broker of India. It is a SEBI registered stock broker and provides services in Equity, Commodity, Currency, Derivatives, IPOs and mutual funds. This broker is a part of SMC Global Limited. Stoxkart charges brokerage @₹15 per executed order. This brokerage is applicable only on profitable trades which means no brokerage is charged on trades that exited at loss.

4. Fyers

Fyers securities is a SEBI registered discount broker of India. It is a Bangalore based stock broker and was incorporated in 2015. Fyers mainly focuses on providing low brokerage rates to their customers. They provide advanced charts and tools for trading.

5. Alice Blue

Alice blue is a Bangalore based discount broker and was incorporated in 2006 by Sidhavelayutham M. It is a SEBI registered stock broker of India. Alice blue is known for their flat brokerage charges and several trading platforms. It has many branches and franchisees all over the India.

6. Angel One (Angel Broking)

Angel One Limited is a SEBI registered Indian Stock broker and was established in 1987. It was formerly known as Angel Broking Limited. It is one of the largest full-service retail brokerage houses of India in terms of active clients on NSE. Angel one has their presence in 15 states of India with more than 11,000 branches and sub branches. They provide various services and offers to their customers.

7. Upstox

Upstox was incorporated in year 2011 and is a SEBI registered discount broker of India. It is a Mumbai based stock broker and was formerly known as RKSV securities. It is backed by Ratan Tata and Tiger Global. Upstox is generally known for their simple pricing module and trading platforms. Both free and paid trading software are provided by them.

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