Best Demat Account in India is the first thing every stock market beginner should look for investing/trading. With so many brokers and platforms available, choosing the right Demat account can be confusing.
In this blog, we’ll guide you through the best options, compare bank brokers and discount brokers, and help you open a demat account the smart way – with expert insights from Stocks Savvy Academy, the best stock market institute in Jaipur, Manasarovar
💡 What is Demat Account and Why Do You Need One?
A Demat account (short for “Dematerialized account”) is used to store your stocks and other financial securities in electronic form. It’s essential for investing or trading in the Indian stock market.
To begin your journey in stock market investing or trading, you need:
- A Demat account to store shares.
- A Trading account to buy/sell shares.
- A linked bank account to deposit or withdraw funds.
Why You Should Avoid Bank-Based Brokers (Full-Service Brokers)??
Many beginners make the mistake of opening their Demat account with a bank broker like ICICI Direct, HDFC Securities, or Kotak Securities. Here’s why this is not a smart move in 2025:
Disadvantages of Bank Brokers:
- High brokerage charges (0.3%–0.5% per transaction)
- Hidden charges like SMS fees, annual maintenance, etc.
- Outdated platforms that often crash during market volatility
- Poor user experience with slow customer support
✅ Why Discount Brokers Are the Smart Choice
The new-age discount brokers like Zerodha, Upstox, and Groww offer:
- Free or low-cost account opening
- Flat brokerage of ₹20 or even zero for delivery trades
- Advanced mobile apps and real-time charting tools
- Transparent charges and better customer support
- User-friendly platform
- For frequent traders
Discount brokers are ideal for:(
- Students
- Young professionals
- Active traders
- Beginners learning with the best share market institute in Jaipur
💼 Brokerage Charges Comparison: Bank Brokers vs Discount Brokers
| Type of Trade | Traditional Bank Brokers | Discount Brokers |
|---|---|---|
| Intraday Trading | ₹10 – ₹30 per trade or 0.03% – 0.05% of trade value (Price* Number of shares) | Flat ₹0 – ₹20 per trade |
| Delivery Trading | 0.25% – 0.50% of trade value | ₹0 brokerage (free) |
| Swing Trading | Same as Delivery (0.25% – 0.50%) | ₹0 or Flat ₹20 per trade |
📊 Best Discount Brokers in India 2025 – Side-by-Side Comparison
| Feature | Zerodha | Upstox | Groww |
| Account Opening | ₹0 | ₹0 | ₹0 |
| Delivery Brokerage | ₹0 | ₹0 | ₹0 |
| Intraday Charges | ₹20 per trade | ₹20 per trade | ₹20 per trade |
| UI/UX | Clean, professional | Fast, mobile-first | Simplest, beginner-friendly |
| Mutual Fund Support | Yes | Yes | Yes (best for MF users) |
| Best For | Traders and investors | Mobile-first users | Beginners and MF investors |
Here are the links of Best Discount Brokers :
Zerodha : Zerodha: Online brokerage platform for stock trading & investing
Upstox : Open Demat Account Online for Free | Upstox Demat Account
Groww : Groww – Online Demat, Trading and Direct Mutual Fund Investment in India
🎓 Learn With the Best Stock Market Institute in Jaipur – Stocks Savvy Academy
Looking to not just open a Demat account, but actually learn how to use it profitably?
Welcome to Stocks Savvy Academy, the best stock market institute in Jaipur Mansarovar—where over 1,000+ students have started their investing journey with real-time guidance, practical knowledge, and expert mentorship.
📘 What We Offer:
✅ Free assistance in opening Demat accounts with Zerodha, Upstox, or Groww
✅ Step-by-step training on using trading platforms
✅ Courses in stock market basics, technical analysis, intraday trading, F&O, and investment planning
✅ Offline + Online classes in Hindi & English
✅ Personal mentorship and live trading sessions
✅ Affordable programs designed for students and working professionals
🎯 Whether you want to invest safely or become a full-time trader, we’re here to guide you.
📍 Why Choose Stocks Savvy Academy?
- ✔️ Top-rated stock market institute in Jaipur Mansarovar
- ✔️ Experienced trainers with real market experience
- ✔️ Live doubt sessions, mock trading & certification
- ✔️ Affordable fees with lifetime support
📞 Call/WhatsApp Us: +91-7073799631
🌐 Visit: https://stocksavvyacademy.com/
📍 Location: Mansarovar, Jaipur
🙋 Frequently Asked Questions (FAQs)
Best Demat Account FAQ
- Which is the best Demat Account in India for beginners?Zerodha is ideal for traders, Upstox for mobile users , and Groww for new investors . all three are trusted discount brokers .
- Is it safe to use discount brokers like Zerodha or Groww?Yes, they are SEBI-Registered and regulated platforms. Your shares are safely stored with CDSLNDSL.
- What documents are required to open Demat Account?You need PAN, Adhaar, and a bank proof (passbook or cancelled cheque). You can open accounts online within 15 minutes.
- Does Stocks Savvy Academy help with account opening ?Absolutely! We offer complete hand holding support and guide you how to use these platforms for tradinginvesting.
🚀 Ready to Start Investing
Don’t waste money on bank brokers. Open your free Demat account with top discount brokers—and learn how to build wealth smartly with Stocks Savvy Academy.
📈 Learn smart. Invest smarter.
📍 The best share market training in Jaipur is just one call away!
New to Investing? Don’t miss out our detailed post on HOW TO INVEST IN STOCK MARKET FOR BEGINNERS – Here is a 6 Steps Simple Guide, designed especially for first-time investors.