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With whom can we open a free demat account for shares trading in India and Why?
Updated 9 December 2025
Language: EN
Brokers in India are classified into two types based on the services they offer and the fee they charge: Full-service Broker ( Top 10 Full-service Brokers ) Discount Broker ( Top 10 Full-service Brokers ) Here is the list of companies where you can open a free demat account. These platforms offer free demat accounts with no account opening fees or account maintenance charges, making them an attractive option for investors looking for a low-cost solution. Broker Demat Account Opening Fee Demat Account AMC Prostocks Rs 0 (Free) Rs 0 (Lifetime Free ) 5paisa Rs 0 (Free) Rs 0 holding value is less than Rs 50,000 & up to 1 Demat account Dhan Rs 0 (Free) Rs 0 (Lifetime Free) Upstox Rs 0 (Free) Rs 0 AMC Groww Rs 0 (Free) Rs 0 (Free)