10 thoughts on “Which is the best Demat Account?

  1. Satish Mruthyunjaya says:

    Very userful article Amit.
    We always need to keep an eye on hidden charges as you mentioned

  2. […] any broker like Reliance Money, Sharekhan or with banks like ICICI Direct, HDFC etc. The post on “Which is the best Demat account in India” might be useful for investors looking for demat […]

  3. Sirji, can i open demat account on my daughter,s name having pan card but their age is 9 & 13 years respectively.
    Also suggest which is better Demat account.


  4. Thanks for the great article Amit,

    It’s really helpful for the beginners. I’m also new to online trading & have a demat account with Geojit BNP Paribas.
    Recently I came to know about NSE mobile app which allows to do trading right from your phone with live stock updates which is far better than Geojit Flip mobile app.
    I have installed NSE mobile app on my android phone.
    Market data works fine but when I go to the trade option, It asks for “MEMBER ID” & “USER ID”
    I wonder where do I get this Member ID & User ID from.
    I called the NSE toll free number but they themselves are not aware of this.
    Any Help would be highly appreciated.

    Thanks in advance.

  5. Thanks for the info. Atleast I know my requirements now

  6. please recommend to me an online brokerage – I want to invest 2-3k every month in small cap stocks and remain invested for 3-5 years. volume and number of trades will be low.

    • You would need to pick up basic demat account offered by brokers. Just look that you have low fixed cost and there is no fixed sum per transaction.

      I would try to compare some basic demat accounts in my future post.

  7. This has helped me in selecting the right Demat account. Keep it up!

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