5 Best Trading Accounts in India For New Small Investors

A trading account will act as a link between your bank account and the Demat account. So are you in the thought of creating a trading account? Well, appreciation for the thought. Before starting a trading account, you will doubt on where and how to open the trading account. 

If you are a newcomer for trading and want to invest a small share, then you will find this article helpful. Here we will discuss the 5 best trading accounts in India.

1. Kotak Securities Demat and Trading account

We all know that for trading, you need three accounts. They are a savings account, a Demat account, and a trading account. Kotak Securities Demat and Trading account provides you with a 3 in 1 account plan, which will cover all the three mandatory accounts. This account is very helpful for newcomers and makes it comfortable for the users. It also gives the user a smooth experience. 

Kotak Securities holds both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) membership. Indian traders can access the provided toll-free number (1800 209 9191, 1800 222 299) for any queries regarding the trading account. Also, you can access the helpline by sending them an SMS to KSQ to 567 6788.

  • Charges for opening one-time trading account is ₹750/- 
  • Charges for opening one-time Demat account is ₹0/-

2. 5paisa

5paisa is financed by the well-known financial company Indian Infoline Limited (IIFL), which is one of India’s leading financial services companies. If you are a beginner in trading, choosing 5paisa will be the right choice because you can access various services at an affordable cost. 

This 5paisa will be an apt brokerage firm for traders who are comfortable with mobile trading. The 5paisa.com not only covers Demat and trading accounts, but it also provides services such as Investing in Mutual Funds, Online Trading, and choosing an Insurance Policy. Well, all these are covered in the same place, so for beginners and small investors, it will be easy and useful.

  • Charges for opening one-time trading account is ₹650/-
  • Charges for opening one-time Demat account is ₹0/-

3. Angel Broking

Angel Broking is an Indian stockbroker that has a presence in the stock market field since 1987. This company has franchisee, which is more than 900 cities across India, also 8500 plus sub-brokers. It is a member of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), National Commodity and Derivatives Exchange (NCDEX), and Multi Commodity Exchange of India Limited (MCX).

It offers their customers a Demat and trading account, which are technology-empowered. Along with Demat and trading account, Angel Broking offers their customers fundamental and technical research guidance.

  • Charges for opening a Demat account is ₹0/-
  • Annual Maintenance Charge for a Demat account is ₹450/- 

4. India Infoline (IIFL)

India Infoline (IIFL) is one of the best with good broking terminals where their executions are good and speedy. The beginners can choose India Infoline (IIFL) without any doubt, as they are safe and a trusted brand in India.

If you open an account in India Infoline (IIFL), then as an investor, you can trade in Cash, Currency, Initial Public Offerings (IPO), Future and Options (F&O), and Commodity. It has better execution as well as confirmation. You can watch the market live, buy and sell any product.

  • Charges for opening a Demat account is FREE for the first year.
  • Annual Maintenance Charge for a Demat account is of no cost.

5. Zerodha

Zerodha is the company that entered the stockbroker with discount broking in the country. With their new technologies, they are now scaling high. They are among the fastest-growing companies. It offers the investors and traders to open their trading and Demat account instantly with the Aadhaar details. On both National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the equity delivery transactions are offered for free.


We are at the end of the article, by this time you might have got an idea of choosing your company for a trading account. Remember, as a beginner, you will be making a small investment for experimenting yourself in the share market, so the companies mentioned in this article are such companies where you can invest small and get good returns. Before choosing these companies do visit their websites and get to know more about them. I hope that this article was helpful to you. Learn and enjoy trading.

Source – bestdemattrading.in