Charges | Upstox | Zerodha | Angel Broking | Groww |
IPO Apply | Free | Free | Free | Free |
Mutual Fund | Free | Rs. 50/Month | Free | Free |
Invest Charge | Upto 20/Trade | Free | Upto 20/Trade | Upto 20/Trade |
Trading Charge | Upto 20/Trade | Upto 20/Trade | Upto 20/Trade | Upto 20/Trade |
Comodities | Upto 20/Trade | Upto 20/Trade | Upto 20/Trade | Upto 20/Trade |
AMC Charge | Free | 300 | 350 | Free |
Trading Platform | Excellent | Good | Average | Bad |
Desktop App | Available | Available | Not Available | Not Available |
A/c Opening Fee | Free | 250 | 300 | Free |
Click to open | Click to open | Click to open | Click to open |
Free Investment tips for Lifetime & Rs. 20,000 Worth Free Course

Demat account is necessary to invest or to trade in stock market. Each of the demat account holders need to pay different charges to use any companies’ demat account.
So, it is important to choose demat account wisely.
Most of the demat account holders open demat account to apply in IPO, to do trade and invest in stock and in mutual fund. 99% normal users use all of these features. Apart from these, a few demat and trading account holder do trade on comodities, purchase bond, and Gold etc.
So, you should open one account which give you all of the above mention benefits and should takes very low charges.
Now we will discuss best demat account to open in India for applying in IPO, Beginner friendly, low charges, Zero brokerage and free demat account provider in India.
Broker & charges | Apply IPO | Mutual Fund | Investment | Trading | Comodities |
Upstox – Open A/C |
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Zerodha – Open A/C | ![]() | ![]() | ![]() | ![]() | ![]() |
Angel Broking – Open A/C | ![]() | ![]() | ![]() | ![]() | ![]() |
Groww – Open A/C | ![]() | ![]() | ![]() | ![]() | ![]() |