Compare brokerage, AMC, DP charges and features. Estimate your annual broker cost and find the account that fits how you invest.
Fees are verified against broker sources on the date shown. Plans and charges can change—confirm the official tariff before opening an account.
One crawlable comparison table for the full catalog. Exact fees only where verified; otherwise Plan-dependent.
| Broker | Best for | AMC | Equity delivery | Intraday | F&O | DP sell | Score | Verified |
|---|---|---|---|---|---|---|---|---|
| Zerodha Best Overall | Active traders and long-term investors who want a mature platform ecosystem | ₹0 Year 1 (eligible RI on/after 1 Jun 2026); then account-type/BSDA rules | ₹0 brokerage on equity delivery | ₹20 or 0.03% per executed order (lower) | ₹20 per executed order | ₹13 + GST (male) / ₹12.75 + GST (female) per instruction | 8.9/10 | 12 Sep 2026Verified |
| Groww Best for Beginners | Beginners and SIP / mutual-fund investors who want a clean mobile experience | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | 8.7/10 | 12 Sep 2026Plan-dependent |
| Angel One Best Research | Investors who want research ideas plus a full-featured trading app | Plan-dependent — see Angel One tariff | ₹0 up to ₹500 for first 30 days (eligibility); then lower of ₹20 or 0.1%/order (min ₹5) | ₹0 up to ₹500 for first 30 days (eligibility); then lower of ₹20 or 0.1%/order (min ₹5) | ₹20 per executed order | Plan-dependent — see tariff | 8.5/10 | 12 Sep 2026Verified |
| Upstox | Budget-conscious traders who want Pro-style charts and quick onboarding | ₹0 Year 1 (onboarded from 14 Feb 2025); then non-BSDA ₹300 + GST or BSDA slabs | Lower of ₹20 or 0.1% per executed order (confirm live tariff) | Lower of ₹20 or 0.05% per executed order (confirm live tariff) | ₹20 per executed order (confirm live tariff) | Plan-dependent — see Upstox tariff | 8.3/10 | 12 Sep 2026Verified |
| Dhan Best for F&O | F&O and options-focused traders | ₹0 for Individuals & HUFs | ₹0 on equity delivery / ETFs / IPO / MF | ₹20 or 0.03% per executed order (lower) | ₹20 per executed order | ₹12.50 + GST per instruction/ISIN | 8.4/10 | 12 Sep 2026Verified |
| 5paisa | Investors looking for low-cost trading with optional research packs | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | 7.7/10 | 12 Sep 2026Plan-dependent |
| ICICI Direct Best 3-in-1 | ICICI Bank customers who want research and one-app banking + investing | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | 7.5/10 | 12 Sep 2026Plan-dependent |
| HDFC Securities | HDFC Bank customers who prefer bank-linked investing | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | 7.2/10 | 12 Sep 2026Plan-dependent |
| Kotak Securities | Kotak Bank customers wanting 3-in-1 convenience | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | 7.2/10 | 12 Sep 2026Plan-dependent |
| Fyers | Traders who want charting-first workflows | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | 8.2/10 | 12 Sep 2026Plan-dependent |
| Paytm Money | Users already in the Paytm ecosystem starting investing | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | 7.7/10 | 12 Sep 2026Plan-dependent |
| Motilal Oswal | Investors who want research-led advice and relationship support | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | Plan-dependent — see tariff | 6.9/10 | 12 Sep 2026Plan-dependent |
Exact fees shown only when verified against an official source. Other rows show Plan-dependent. Confirm live tariffs before opening an account. Scores are editorial estimates, not SEBI ratings.
Uses turnover for percentage brokerage and executed-order counts for flat fees. Only verified brokers are ranked. Estimated broker charges only — STT, GST, exchange charges and stamp duty are excluded.
| Broker | Brokerage | AMC | DP | Est. total | % of portfolio | Verified |
|---|---|---|---|---|---|---|
| Dhan | ₹1,200 | ₹0 | ₹150 | ₹1,350 | 0.27% | |
| Zerodha | ₹1,200 | ₹0 | ₹156 | ₹1,356 | 0.27% | |
| Angel One | ₹1,580 | ₹0 | ₹0 | ₹1,580 | 0.32% | |
| Upstox | ₹1,680 | ₹0 | ₹0 | ₹1,680 | 0.34% |
Unverified catalog brokers are excluded from this ranking. Plan-dependent AMC/DP lines may show ₹0 in the total when not modelled.
You may still pay AMC, DP charges, STT, exchange/transaction charges, GST and stamp duty.
Five questions. Ranking uses published scores and fit only — never affiliate payout.
Question 1 of 5
How experienced are you with demat / trading apps?
Collapsed by default. Uses the same verified pricing engine.
Compact cards with score, best-for, key fee facts and verified date — not a duplicate of the table above.
discount · CDSL
Best for: Active traders and long-term investors who want a mature platform ecosystem
Strong charts, zero delivery brokerage and a deep product ecosystem (Kite, Console, Coin, Varsity).
12 Sep 2026 · Verified · Official tariff
discount · CDSL
Best for: Beginners and SIP / mutual-fund investors who want a clean mobile experience
Simple app UX, often zero AMC, and stocks + mutual funds in one place.
12 Sep 2026 · Plan-dependent · Official tariff
discount · CDSL
Best for: Investors who want research ideas plus a full-featured trading app
Research + discount pricing, SmartAPI, and strong IPO/MF coverage.
12 Sep 2026 · Verified · Official tariff
discount · CDSL
Best for: Budget-conscious traders who want Pro-style charts and quick onboarding
Fast KYC, Upstox Pro charting and competitive flat fees.
12 Sep 2026 · Verified · Official tariff
discount · CDSL
Best for: F&O and options-focused traders
Trader-oriented tools with often zero AMC and zero delivery brokerage.
12 Sep 2026 · Verified · Official tariff
discount · CDSL
Best for: Investors looking for low-cost trading with optional research packs
Simple flat-fee model with broad segment access.
12 Sep 2026 · Plan-dependent · Official tariff
full service · NSDL
Best for: ICICI Bank customers who want research and one-app banking + investing
Best-in-class bank integration and research if you already bank with ICICI.
12 Sep 2026 · Plan-dependent · Official tariff
bank backed · NSDL
Best for: HDFC Bank customers who prefer bank-linked investing
Convenient if you already bank with HDFC and want research support.
12 Sep 2026 · Plan-dependent · Official tariff
bank backed · NSDL
Best for: Kotak Bank customers wanting 3-in-1 convenience
Bank integration and Neo trading for Kotak customers.
12 Sep 2026 · Plan-dependent · Official tariff
discount · CDSL
Best for: Traders who want charting-first workflows
Chart-centric experience with competitive flat fees.
12 Sep 2026 · Plan-dependent · Official tariff
discount · CDSL
Best for: Users already in the Paytm ecosystem starting investing
Familiar brand and simple mobile investing for stocks + MFs.
12 Sep 2026 · Plan-dependent · Official tariff
full service · NSDL
Best for: Investors who want research-led advice and relationship support
Research depth and advisory options for investors who want guidance.
12 Sep 2026 · Plan-dependent · Official tariff
Partner / referral links may be tracked — see /affiliate-disclosure. EnrichReturns does not open demat accounts or provide investment advice. Always confirm charges on the broker’s official tariff page before applying.
For informational purposes only. Always verify with the official provider before decisions.
Scores are editorial estimates on a 0–10 scale. They are not SEBI ratings and do not change with affiliate payouts.
Compare charges, estimate your cost, then open an account on the broker site.
Compare the best demat accounts in India for 2026. Compare brokerage, AMC, DP charges, features and estimated annual broker costs to find the right broker.
Choose a demat account by comparing verified charges, estimating annual broker cost from your turnover, and matching brokers to how you invest — without inventing a single universal winner.
Cost 30%, use-case fit 20%, platform 15%, convenience 10%, products 10%, transparency 10%, support 5%. Research depth appears in each profile and is blended into platform so weights total 100%. Affiliate payout never affects score.
Exact fees appear only when tied to an official source and verification date. Other brokers show Plan-dependent. Confirm the live tariff before applying.