Frequently Asked Questions

What is a demat account?

A demat account holds your shares and securities in electronic form. You need one to buy stocks, mutual funds, bonds, and ETFs on Indian exchanges.

How much does it cost to open a demat account?

Most discount brokers offer free account opening. Annual maintenance (AMC) ranges from ₹0-₹750. Some brokers charge ₹200-₹300 for account opening.

What is the difference between a demat account and trading account?

Demat account stores your securities. Trading account is used to place buy/sell orders. You need both to trade. Most brokers open both together.

Can I have multiple demat accounts?

Yes. There is no legal limit. Some investors use different brokers for different purposes (one for long-term, another for trading).

What documents do I need?

PAN card, Aadhaar (for eKYC), bank account details, and a recent photograph. Most brokers offer instant digital account opening via eKYC.

Is my money safe in a demat account?

Securities in demat are held by NSDL/CDSL (depositories), not the broker. Even if the broker shuts down, your securities are safe. Cash balance should be kept minimal.

Demat Account
4.8/5
Zerodha logo

Zerodha

Zerodha

India's largest stock broker by active clients. Pioneer of discount broking with Kite platform.

Account Opening

₹0

AMC

₹0

Equity Delivery

Zero

Intraday

₹20 per order

Open your demat account in 15 minutes

OPEN ACCOUNT FOR ZERODHA
100% Digital • Paperless KYC

Trading Platforms

Kite Web

Kite Mobile

Console

Key Features

  • Zero delivery brokerage
  • Best-in-class Kite platform
  • Varsity — free learning platform
  • TradingView charts integrated
  • Largest broker — most liquidity

Fee Structure

Fee TypeAmount
Account Opening₹0
Annual Maintenance₹0
Equity DeliveryZero
Intraday/F&O₹20/order

Pros

  • Zero delivery brokerage
  • Best-in-class Kite platform
  • Varsity — free learning platform
  • TradingView charts integrated
  • Largest broker — most liquidity
  • Excellent API for algo trading

Cons

  • Rs 300 AMC per year
  • No dedicated relationship manager
  • No research reports/tips
  • Support can be slow during peak
InvestingPro Verdict

Zerodha

4.8
Features5.0/10
Pricing4.8/10
Platform4.9/10
Support4.6/10

Zerodha by Zerodha is a solid choice for Indian investors looking for a reliable trading and demat account. With equity delivery brokerage at Zero and intraday at ₹20 per order, it offers competitive pricing in the market.

Reviewed by InvestingPro Editorial Team

Similar Products

Groww

4.7

Popular investment app for stocks, mutual funds, FDs, and digital gold. Best for beginners.

Compare

Upstox

4.5

Backed by Ratan Tata and Tiger Global. Fast-growing discount broker with Pro platform.

Compare

Dhan

4.5

New-age broker focused on options trading. Lightning-fast execution with Options Trader.

Compare

Angel One

4.4

Full-service turned discount broker. Offers SmartAPI, research reports, and advisory services.

Compare

Was this article helpful?

Ready to Start Trading?

Open your account in minutes

OPEN ACCOUNT

Free account opening • 2-3 min process

Eligibility

Minimum Age

18 years

Required Documents:

  • PAN Card
  • Aadhaar Card
  • Bank Statement

Investment Risk

Trading in securities market is subject to market risks. Read all related documents before investing.

Frequently Asked Questions

What is a demat account?›
A demat account holds your shares and securities in electronic form. You need one to buy stocks, mutual funds, bonds, and ETFs on Indian exchanges.
How much does it cost to open a demat account?›
Most discount brokers offer free account opening. Annual maintenance (AMC) ranges from ₹0-₹750. Some brokers charge ₹200-₹300 for account opening.
What is the difference between a demat account and trading account?›
Demat account stores your securities. Trading account is used to place buy/sell orders. You need both to trade. Most brokers open both together.
Can I have multiple demat accounts?›
Yes. There is no legal limit. Some investors use different brokers for different purposes (one for long-term, another for trading).
What documents do I need?›
PAN card, Aadhaar (for eKYC), bank account details, and a recent photograph. Most brokers offer instant digital account opening via eKYC.
Is my money safe in a demat account?›
Securities in demat are held by NSDL/CDSL (depositories), not the broker. Even if the broker shuts down, your securities are safe. Cash balance should be kept minimal.

Start Investing with Zerodha

Join millions of investors. Open your account today!

OPEN ACCOUNT
No paid rankings
Methodology disclosed
SEBI-compliant
Editorial standards