Investing in the stock market has become more accessible than ever with trading apps that offer seamless account opening, real-time market data, and advanced features for trading in stocks, futures and options. Whether you are a seasoned investor or just starting out, choosing the right app is crucial.
This article explores the best trading apps in India that allow you to open a demat account, including those offering a minor demat account, along with their key features and fee structures.
Why Do You Need a Demat Account?
A demat account is necessary for holding shares in electronic format. It eliminates the risk of physical share certificates and facilitates smooth trading. Most brokers in India provide trading and demat accounts via mobile apps, ensuring quick access to market trends and seamless transactions. If you want to open demat account, choosing the right broker is essential for better security, lower fees, and a seamless trading experience.
Features to Look for in a Trading App
When selecting a trading app, consider the following features:
- User Interface & Experience – Easy navigation and intuitive design.
- Charges & Fees – Account opening charges, brokerage, and transaction fees.
- Research & Analysis Tools – Market data, charts, and indicators for informed decisions.
- Futures and Options Trading – Availability of derivatives trading for experienced traders.
- Minor Demat Account – Facility for parents/guardians to open an account for minors.
- Customer Support – Responsive service for hassle-free trading.
Best Trading Apps to Open a Demat Account
1. Zerodha Kite
Features:
- Seamless integration with Zerodha’s demat account services.
- Advanced charting with 100+ indicators.
- Low brokerage fees.
- Supports futures and options trading.
- Provides a minor demat account option for guardians.
Fees:
- Account Opening: Rs. 200
- Annual Maintenance: Rs. 300
- Brokerage: Rs. 20 per order for F&O trading
2. Rupeezy
Features:
- Easy-to-use interface for seamless trading.
- Supports stocks, futures, and options trading.
- Competitive brokerage rates.
- Facility for minor demat account opening.
- Real-time market insights and alerts.
Fees:
- Account Opening: Rs. 150
- Annual Maintenance: Rs. 250
- Brokerage: Rs. 15 per order for F&O trading
3. Upstox Pro
Features:
- Fast trade execution with AI-powered recommendations.
- Allows trading in stocks, futures, and options.
- Supports minor demat account registration.
- Real-time market alerts and analysis tools.
Fees:
- Account Opening: Rs. 249
- Annual Maintenance: Rs. 150
- Brokerage: Rs. 20 per trade for F&O
4. Angel One
Features:
- Free demat account opening.
- Smart AI-backed recommendations for investment.
- Supports stocks, futures, and options trading.
- Offers investment opportunities for minor demat accounts.
Fees:
- Account Opening: Free
- Annual Maintenance: Rs. 240
- Brokerage: Rs. 20 per order for F&O
5. Groww
Features:
- Zero-commission stocks investment.
- No account opening charges.
- User-friendly interface with a focus on beginners.
- Limited futures and options trading.
Fees:
- Account Opening: Free
- Annual Maintenance: Rs. 300
- Brokerage: Rs. 20 per order for F&O
6. 5paisa
Features:
- Discount brokerage with a flat-fee model.
- Integrated mutual fund and insurance investment.
- Supports minor demat accounts.
- Access to futures and options trading at low costs.
Fees:
- Account Opening: Free
- Annual Maintenance: Rs. 300
- Brokerage: Rs. 10 per order (F&O)
7. ICICI Direct
Features:
- Trusted banking brand with robust security.
- 3-in-1 account integration (Savings, Trading, Demat).
- Offers minor demat account facility.
- Comprehensive research and trading insights.
Fees:
- Account Opening: Rs. 975
- Annual Maintenance: Rs. 700
- Brokerage: 0.05% (equity), Rs. 20 per order (F&O)
Comparison of Trading Apps
Here is the comparison between the apps based on the features.
| App Name | Minor Demat Account | Futures & Options | Account Opening Fee | Annual Maintenance | Brokerage (F&O) |
| Zerodha Kite | Yes | Yes | Rs. 200 | Rs. 300 | Rs. 20/order |
| Rupeezy | Yes | Yes | Rs. 150 | Rs. 250 | Rs. 15/order |
| Upstox Pro | Yes | Yes | Rs. 249 | Rs. 150 | Rs. 20/order |
| Angel One | Yes | Yes | Free | Rs. 240 | Rs. 20/order |
| Groww | No | Limited | Free | Rs. 300 | Rs. 20/order |
| 5paisa | Yes | Yes | Free | Rs. 300 | Rs. 10/order |
| ICICI Direct | Yes | Yes | Rs. 975 | Rs. 700 | Rs. 20/order |
How to Open a Demat Account?
The process of opening a demat account through a trading app is straightforward:
- Choose the Trading App – Compare features, fees, and brokerage.
- Register Online – Enter personal details like name, PAN, Aadhaar, and bank details.
- Upload Documents – Identity proof, address proof, and bank details.
- E-sign the Application – Verify details using Aadhaar-based OTP authentication.
- Account Activation – Once verified, start trading in stocks, futures, and options.
Conclusion
Selecting the best trading app to open a demat account depends on your investment goals. If you are an active trader focusing on futures and options, apps like Zerodha, Rupeezy, Upstox, and 5paisa offer cost-effective solutions. For long-term investors, Angel One and ICICI Direct provide reliable research and investment tools.
Ensure you check brokerage fees, platform reliability, and customer support before making a decision. If you want to open a minor demat account for your child, platforms like Zerodha, Rupeezy, Upstox, Angel One, and 5paisa support this feature.
