Best Demat Account in India 2021 - Aliceblue

Best Demat Account in India 2021

Choosing the right Demat Account provider is one of the most important decisions to make for a smooth financial journey.
This article will not only help you find out the Best Demat Account in India but also help you learn the factors to be considered to find one.
Let’s get started!

Content

How To Find The Top Demat Account In India?

Step 1: Learn about the types of Demat Accounts.
There are 4 types of Demat Accounts in India, that can be chosen depending on your residential status, type, and volume of transactions.

  1. Regular Demat Account: As the name suggests, it is an account that can be opened by any Indian resident who wants to deal in Equity, Mutual Funds, Bonds, ETFs, etc.
  2. Basic Service Demat Account: It is a Demat Account that is specifically designed for small investors who do not invest regularly in Stocks, Bonds, etc. A large number of investors in India do not invest regularly and end up paying maintenance fees, to avoid such fees, BSDA was introduced.
  3. The maintenance charges of BSDA depends on the holding value of the investor:

    Holding Value Annual Maintenance Charges
    Up to ₹ 50,000 No AMC
    ₹ 50,000 to ₹ 200,000 ₹ 100
    Over ₹ 200,000 ₹ 400+ GST
  4. Repatriable Demat Account: This Demat Account is for NRIs who wish to transfer the earnings from the Indian Stock Market to their abroad bank account. Here, the Demat Account is linked with the NRE Bank Account to easily transfer funds abroad.
  5. Non - Repatriable Demat Account: This Demat Account is for NRIs who do not wish to transfer the earnings from the Indian Stock Market to their abroad bank account. Here, the Demat Account is linked with an NRO Bank Account.

Step 2: Once you have chosen the demat account that suits your needs, find out the brokerage charged by the broker.

Brokerage is charged for every buy and sell transaction you make in the stock market. Let’s say a broker charges ₹ 20 per order. So if you buy 100 shares of Reliance, you will be charged ₹ 20.

Step 3: Check out the leverage provided by the broker.

Leverage helps you buy a higher number of shares with less amount of money. Let’s understand how that works with an example:
Assume your broker provides 10 times leverage, it means you can buy ten times worth the shares with the money you have. So if you have ₹ 10,000, you can buy shares worth ₹ 1 lakh.

Step 4: Annual Maintenance Charges for Demat Account.

Step 5: You also need to consider other charges on other investments like:

  • IPO
  • Mutual Funds
  • ETFs
  • Debentures, etc.

Well, that’s how you select the Best Demat Account!

You don’t have to look anywhere else. Aliceblue has all the above facilities available at the best and lowest rates in India.

Why Is Aliceblue The Best Demat Account In India?

Aliceblue was established in 2006 with its headquarters in Bangalore. With close to a couple of decades of experience, Aliceblue has come a long way and has over 20+ branches with more than 1000 partners all over India.

We offer all types of Demat accounts like Regular Demat Account, Basic Service Demat Account, Repatriable Demat Account, and Non-Repatriable Demat Account at the best rates in the industry.

Brokerage

  • Freedom 15 Plan: Offers Decent leverage with Lowest Brokerage.
Charges List
Freedom 15 Plan
Equity Delivery ₹ 0
Equity Intraday ₹ 15 per order or 0.01% whichever is lower
Equity Futures ₹ 15 per order or 0.01% whichever is lower
Equity Options ₹ 15 per order
Currency Futures ₹ 15 per order or 0.01% whichever is lower
Currency Options ₹ 15 per order
Commodity Futures ₹ 15 per order or 0.01% whichever is lower
Commodity Options ₹ 15 per order

To understand the clear difference between the two plans, let’s look at an example: Let’s say you bought shares worth ₹ 5 lakhs.

Freedom 15 Plan
Equity Delivery ₹ 0
Equity Intraday ₹ 15 max per order

Leverage

Freedom 15 Plan
Segment CNC / NRML MIS - Intraday Cover Order Bracket Order
Cash 4X 6X NA UP TO 6X
NSE Futures 1X 1.25X 1.25X 1.25X
NSE Options 1X 1X ON BUY, 1.25X ON SELL UP TO 1.25X ON BUY NA
MCX 1X 1.25X 1.25X 1.25X
CDS 1X 1.25X NA NA

Here’s how leverage work:

Let’s say you have ₹ 10,000 in your trading account, if you are trading intraday using Bracket Order you can buy stocks worth ₹ 2,00,000.

Calculation: ₹ 10,000 x 20 times = ₹ 2,00,000

Check out this page for daily leverage insights.

Trading Platform

We provide the most reliable and safe trading platforms with amazing features:

  1. Desktop Application: ANT Desk and ANT Meta
  2. Web-Based Application: ANT Web
  3. Mobile Application: ANT Mobi

All these trading platforms are very easy to use and provide 1-year plus historical chart data, 80+ technical indicators, multiple watchlists, and a lot of highly advanced features.

Unique Services

To further make your trading experience smoother we offer a single account for Equity and Commodity Exchange and also provide Two Unique Products:

  • Trade School: It is a stock market education platform that helps you learn everything about stock markets from the beginner to advanced level via webinars, live sessions, courses, etc from the Top Traders & Investors in India.
  • Trade Store: It is a marketplace that provides amazing apps that will ease your trading and investing experience in the stock market. Trade Store has over 15-20 products that can be accessed freely or at a special price if you are an Aliceblue client.

Here’s how Trade Store can help you in your trading & investment journey:

  • Direct Mutual Funds investment i.e. you can invest in mutual funds with Zero Commission
  • Invest in IPO with a single click via UPI
  • Separate Options Trading Platform with readymade strategies
  • Buy & Sell Signals Software with 70 - 90% accuracy
  • Stock Screeners and market sentiment analyzers for better decision making
  • Predefined Technical and Fundamental analysis strategies
  • Advisory, and more.

Check out this article to learn about Brokerage, Margins, and Trading Platform offered by Aliceblue