Before we discussed Which Demat account is the best for beginners? We should know why Demat Account required. Where investor can hold their Physical Share certificate, Exchange traded fund, Mutual Fund or other financial document in digital / Electronic formats. With help of Demat you can digitally secure your physical Certification into Demat form.
In India there are more than 500 National Demat account provider you can chose between them which are best for your requirement.
Demat account required to hold Physical share certificate in electronic form. But for buy any Share you need trading account. So, it’s more important to select right broker who offer demat account with best Trading Account as per your requirement.
Now days two Types of Broker mainly active in India
- Full Service Broker
- Discount Broker
Your Selection of Best Demat Account in India depends upon your requirement. Lets workout Which is the best Demat Account for beginners?
Are you looking Advisory? : Yes, as a new learner you need advice in which instrument you should invest. So many brokers offer you research analyst or reports for investment guidance. – MotilalOswal is one of the best Name for Research Reports and Advice. But are you looking your own way to learn how to invest in stock market then Zerodha is your best bet. Zerodha Varsity allows you to learn from basic to professional level. – How to open Demat Account WithZerodha?
Are you looking Relationship Manager? If you working professional company where you can devote time for trading and investment and you looking a relationship manager who will help you to trade on your behalf and update you time to time basis about your portfolio and investments then Kotak Securities and MotilalOswal is your best Option.
Also Read: Top 10 Demat Account Brokers in India
Best Demat Account for Beginners in India 2019
Are you looking Best Online Demat & Trading Account in India? – You are at right place if you are looking Best Online Demat& Trading account in India. No Doubt that its time for online community every person wants to trade online by its own. And Technology support Online Trading quite well in last 5 yrs.
Zerodha – its leading name in Best Online Demat& Trading Account in India. Zerodha is Best Stock broker in India who offers lowest Brokerage and Demat Charges for their client. Zero Delivery Brokerage for their clients. Beginners want that’s all about low cost as well as best online trading platform Zerodha Provide both.
Why Zerodha is the Best Demat Account for Beginner?
- Zero Delivery Brokerage
- Best Online Trading Terminal – Zerodha Kite
- Lowest Brokerage for Intraday Trading
- Best Mobile Trading App – Zerodha Kite available in Android as well as IOS
- More then 23 Branches in all over India.
- More then 1000 + Customer Support Team with Regional Language Support.
- Zerodha Varsity – Interactive Blog for Beginner who wants to learn about market how to invest
- com – Online Trader and Investor Community where you can clear your doubt regarding investment or trading.
- Zerodha Margin & Brokerage Calculator – Beginner can check margin requirement and brokerage charges before they trade in market.
- Zerodha Streak – where you can go algo without coding its best for beginner who wants to trade like pro but don’t know how to code.
Are you Looking Best Demat Account for Mutual Fund Investment? : If you are interested in mutual fund investment then Prudent Broking, NJ India Invest And ICICI Direct. They are leading mutual fund Broker in India. But they don’t offer direct mutual fund investment option. Zerodha offer direct mutual fund Platform to their clients.
ZerodhaCoin : You Can save upto 25 lacs in 25 yrs – How?
- Direct mutual funds in DEMAT form, with convenience of one portfolio across equity, MF, currency, etc.
- Subscribing to Coin irrespective of number/value of MF transactions across all fund houses. Investments are absolutely free.
- No commissions whatsoever on your investment – either upfront or trail.
- Easy SIP– start, stop, modify anytime you want.
Are you Looking Best Demat Account with Lowest Brokerage? – If looking for lowest brokerage with best Demat account then discount broker is best choice for you. Zerodha ,Upstox or 5paisa all are best option for you.
5paisa – its discount broking arm of India Infoline Limited
Upstox – one of the top 5 discount brokers in India
Zerodha – Leading discount broker as well as Best Retail Broker in India by NSE.
How To Open DematAccount in 10 mins ?
Now Days , you can open Demat Account in 10 mins online with help of your Aadhar number and Other financial documents. Zerodha and other leading online discount broker offer you online Demat Account Process.
To know how to open Demat Account Online Step by Step Process – Click here.