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Best Online Stock Trading Platform in India for Superior Trading

Are you looking for the Best Demat & Trading account in India? Are you looking to open a trading account? Thinking, which one is the best stock trading offer from the best trading platforms with low brokerage costs? Don’t worry, we have got you covered. Go through GoPaisa exclusive list of Best online trading platforms in India 2020. 

In the current era of internet, buying shares in physical form is not possible. Thus, it is mandatory to open a Demat Account before you want to invest in stocks. There are a plethora of demat account providers available in the market, but which one to choose from. If you’re visiting this page for the Best Trading Platforms in India with offers, we promise you won’t be disappointed.  

Choosing the most affordable and one of the best trading platform in India 2020 is solely based on your requirements. The collection of top stock trading platforms includes both Full Service brokers as well as discount brokers in India.

Before jumping to the list of best options for online trading platforms in India, let’s understand what actually a Demat Account and Trading Account is? What are the types of Demat Account? Are Demat Account and Trading accounts the same? 

What is a Demat Account?

Demat Account or Dematerialised account is a bit like a bank account that provides the facility of holding shares and securities in an electronic format. In India, two depository organisations which are already registered under SEBI are National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). While trading online, shares and securities are bought and held in a Demat account, thus facilitating easy trade for stakeholders.

In other words, a Demat Account is more than similar to a saving/current account. Still, the only notable difference is that the account holds securities such as shares, mutual funds, bonds, exchange-traded funds (ETFs), debentures and government securities, instead of holding cash. The account acts as an alternative for providing the facility of holding shares and securities in electronic format. 

Types of DEMAT Account:

To make more meaningful stock market participation, investors need to understand the Demat account types and why they have been classified as such. There are three main types of Demat accounts for different investors across the world. The Demat accounts are sub-categorized as: 

1 - Regular Demat Account

A Regular Demat Account is needed for investors and traders who reside within India. Alternatively, SEBI has also introduced a Demat account type called the Basic Services Demat Account (BSDA) for small investors whose holding value is not more than INR 2 lakh. Thus, the BDSA offers the reduced annual maintenance cost compared to conventional Demat accounts and can be held by only single account holders.

2 - Repatriable Demat Account

A Repatriable Demat Account is meant for non-resident Indians (NRIs) under which funds can be transferred abroad. However, such types of Demat account requires an NRE bank account associated with it.

3 - Non-Repatriable Demat Account

A Non-Repatriable Demat Account is again used by NRIs under which funds cannot be transferred abroad. This type of Demat account requires a non-resident ordinary (NRO) bank account associated with it.

Difference Between Demat and Trading Account: 

In simple words, all can say is, Trading Account is an interface and a Demat account is storage. 

A Trading Account is used to place buy or sell orders in the stock market. For example, you buy and sell shares on stock exchanges through an interface called Trading account. Demat means dematerializing shares into digital format rather than on physical paper. 

On the other hand, the Demat Account is simply an account that allows users to hold shares in an electronic format. This is used as a bank where shares bought are deposited in, and where shares sold are taken from. You do not need to have any shares to open a demat account; in fact, you can even have zero balance in your account.

Interesting part is, it is possible to have a Trading account with one broker and a Demat account with another. However, we suggest having the best Demat and Trading Account in India with a single broker.

Moreover, it is also possible to have a Trading, Demat and Saving account with the same broker and it is known as 3-in-1 Demat account. The best 3-in-1 Demat account banks in India are ICICI, AXIS, HDFC, Kotak, IDFC, etc

Characteristics of a Good Demat & Trading account:

Below we have mentioned the top features of a prime online demat and trading account.

  • Reasonable Brokerage charges
  • Initial training and education
  • Transparent price list (No Hidden Charges)
  • Superior customer service
  • Low Annual Maintenance charges

Now we know what are the characteristics of a good trading platform, but how do we analyze these factors?  Some of the ways are simply checking the online review from the clients of these brokerage platforms, visiting the broker website, etc. etc. However, the best way is by checking the list of best trading platforms in India 2020 provided by GoPaisa. Here you will find all the details related to trading platforms along with top offers on these trading platforms. 

Now, Let us have a look at some of the Best Trading Platforms in India. 

Best Best Trading Platforms in India: Top Stock Brokers 

1 - Sharekhan

Sharekhan is one of the leading online brokerage companies that has been operating across India for some time now. The company provides online security brokerage and portfolio management services to institutions, large corporate houses, as well as to individual investors. At present, the brokerage firm has presence across 575 cities with more than 1800 offices and a strong client base of over 14 lakh happy customers. Investors and traders have had quite a smooth and hassle-free experience with Sharekhan online trading portal as they gain some insights in the trade market as well.

Types of Sharekhan trading account:

Classic account - Sharekhan Classic account is an online trading account dedicated to equities and derivatives transactions best suited to investors and traders. It comes with smart features like real-time portfolio tracking with price alerts, multiple watch lists, and integrated banking

Trade Tiger account - It is a net-based executable application for active traders who frequently trade during the day’s trading session.

Account Charges of Sharekhan account

  • Trading Account Opening Charges – Nil
  • Demat Account Opening Charges – Nil
  • Annual Maintenance Charges – Upto Rs. 750

Sharekhan Brokerage Charges

  • Transaction Form – Brokerage
  • Equity Intraday – 0.1% on both sell & buy ( min 5 paise/share)
  • Equity Delivery – 0.5% ( min 10 paise/share)
  • Equity Futures – 0.1%
  • Equity Options – Rs 100 per lot or 2.5% on premium ( whichever is  higher)

Benefits of Sharekhan

  • Account opening charges are adjusted towards the first six months brokerage or waived off.
  • No annual maintenance charge for the first year.
  • Sharekhan provides online and offline training workshops to users.
  • Free call & trade facility.

2 - Zerodha

Zerodha is one of the largest discount brokers having more than 1.5 lakh trading customers with the average daily trading transaction of over Rs 10,000 crore. Zerodha is the best for small investors because there are no minimum charges of brokerage per trade. The brokerage rate is 0.01% or Rs 20 per executed order whichever is lower. Moreover, Zerodha’s customer support is better than any other discount brokers in India. 

Zerodha Account Charges

  • Trading Account Opening Charges ( one time) – Nil
  • Demat Account Opening Charges ( one time) – Rs 300
  • Trading Account Maintenance Charges (AMC) – Rs 0
  • Demat Account Maintenance Charges (AMC) – Rs 300 per year

Zerodha Brokerage Charges

  • Equity Delivery – zero brokerage
  • Equity Intraday – 0.01% or Rs 20/per trade whichever is lower
  • Equity Futures – 0.01% or Rs 20/per trade whichever is lower
  • Equity Options – flat Rs 20 per trade.

Benefits of Zerodha Account

  • Delivery is totally free. No brokerage on delivery.
  • No minimum cap of brokerage per transaction.
  • Maximum brokerage charge capped to Rs 20 irrespective of transaction volume.
  • Provide a margin from 4 to 10 times.

3 - 5Paisa 

Established in the year 2016, 5paisa is one of the well-known discount brokers based out of Mumbai. The broking is also one of the fastest-growing stockbroker companies in terms of offerings and values brought to its clients. Working as an independent entity, the company charges a flat Rs—20 brokerage irrespective of the size of the trade, segment or exchange. While associating with 5Paisa, an investor or trader is offered multiple trading platform choices, including a mobile app, the reliable browser application (Trade Station), and a terminal-based software.

5Paisa Trading Platforms

  • Investor Terminal – Investor terminal is for the low volume traders. This is a web-based terminal and easy to access.
  • Trader Terminal – Trader terminal is for high volume traders which provide a powerful interface and fast execution.

Account Charges of 5Paisa

  • Trading account opening charges – Rs.650 (one time)
  • Trading annual maintenance charges – Nil
  • Demat account opening charges – Nil
  • Demat account AMC – Rs.400

5Paisa Brokerage Charges

5Paisa offers three subscription plans, namely the Optimum, Platinum and Titanium to its customers. 5Paisa brokerage charges for different trading plans are as under; 


Optimum Plan

Platinum Plan

Titanium Plan

Stock Delivery

Rs. 20 per order

Rs. 10 per order


Stock Intraday Trading

Rs. 20 per order

Rs. 10 per order

Rs. 10 per order

Stock Futures

Rs. 20 per order

Rs. 10 per order

Rs. 10 per order

Stock Options

Rs. 20 per order

Rs. 2 per lot

Rs. 2 per lot

Currency F&O Trades

Rs. 20 per order

Rs. 10 per order

Rs. 10 per order

4 - Upstox 

Earlier known as RKSV Securities, Upstox is one of the best discount brokers with headquarters at Mumbai. If you are looking for low brokerages, high margins, and good trading platforms, then Upstox is a trading platform designed for you. They have fixed brokerage of Rs. 20 per trade for intraday irrespective of the trading volume. And, you need to pay zero brokerage for delivery. This is massive savings as compared to other full brokers available in the market. Moreover, the account opening is also free with them. 

You will get the fastest & best trading platform in India with Upstox which is the main requirement for trading. With no doubt, Upstox is one of the best online trading platform in India. 

Upstox Special Offer for limited time

  • Zero account opening fee (saving of Rs 450)
  • Zero brokerage for the first 30 days 
  • Moneycontrol Pro yearly subscription worth Rs 1999

Upstox Account Regular Fee & Charges

  • Upstox Equity Demat and Trading – Rs. 300 (includes first year AMC)
  • Upstox Commodity Trading Account– Rs. 150
  • Upstox Annual Maintenance Charges – Rs.150

Upstox Brokerage Charges

  • Equity Delivery – zero brokerage
  • Equity Intraday – Lower of Rs. 20 per executed order or 0.01%
  • Equity Futures – Lower of Rs. 20 per executed order or 0.01%
  • Equity Options – Rs. 20 per executed order
  • Currency Futures & Options – Lower of Rs. 20 per executed order or 0.01%
  • Commodity F&O – Lower of Rs. 20 per executed order or 0.01%

Benefits of Upstox Trading Account

  • Zero commission on delivery trades
  • Free Demat Account opening 
  • Lower annual maintenance charges
  • Maximum Rs 20 per trade for non delivery trades

5 - Motilal Oswal 

Incorporated in 1987, Motilal Oswal is an Indian diversified financial trading firm that offers a huge number of services such as private wealth management, retail broking, and distribution, institutional broking, asset management, investment banking, private equity, commodity broking, currency broking, principal strategies & home finance. The firm has been a 6-time winner of best-performing equity broker by UTI-CNBC TV18 financial advisor awards. Holding 30 years of wealth creation experience, Motilal Oswal has a wide network spread over 500+ cities and towns with over 10 lakh registered customers along with over 2200 business locations in India. Motilal Oswal’s solid research-based advice is the reason for such a strong customer base. 

Motilal Oswal Trading Platforms

  • Desktop Trading Platform – A desktop based platform which needs to be installed in the system, provides access to over 30,000 research reports across all asset classes.
  • Web Trading Platform – The web trading feature allows you access your Motilal Oswal trading account with any system through web
  • Mobile Trading Platform – Motilal Oswal also provides a mobile platform which allows easy trading through mobiles and tablets.

Account Charges of Motilal Oswal account

  • Demat Account Opening Charges – Nil
  • Trading  Account Opening Charges – Nil
  • Annual Maintenance Charges – Rs. 400
  • Motilal Oswal brokerage charges:
  • Demat Account Opening Charges – Nil
  • Demat Account Annual Maintenance Charges – Rs. 441
  • Equity intra-day trading charges – 0.03-0.015%
  • Equity delivery trading charges – 0.25-0.18%

Motilal Oswal Brokerage Charges

  • Equity Intraday – 0.05%
  • Equity Delivery – 0.5%
  • Equity Futures – 0.05%
  • Equity Options – Rs. 20 per executed order

Benefits of Motilal Oswal

  • Award winning research advice through Motilal Oswal equity advisors covers around 95% of market capitalisation.
  • Provides free brokerage for the first month.

6 - Angel Broking

Angel Broking Ltd., incorporated in 1987, is one of the oldest brokerage companies in India having established network branches in more than 900 cities across India. The company is also one of the largest independent full-service retail brokers in India in terms of active clients on NSE. Angel broking trades in all segments including NSE, BSE, MCX, and NCDEX and offers a wide range of investment and trading services, including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution. While trading with Angel Broking firm, an investor got multiple plan choices, including Angel Preferred, Angel classic, Angel Premium, and Angel Elite. An investor can select the plan as per their trade volume. 

Angel Broking Trading Platforms

  • Angel Eye – A web based platform useful for portfolio tracking and undated quotes. It also provides up-to-date market information and live news. I use Angel Eye platform for transactions.
  • Angel Broking App – A mobile app useful to view current market prices and track your portfolio.
  • Angel Speed Pro – An installable software comes with 30 days intraday and 20 years historical data.

Additional Services

  • Margin provided up to 10 times the amount deposit.
  • Free SMS advisory service for 3 months.
  • You can start trading within 1 hour through digital KYC.

Account Charges of Angel Broking

  • Trading Account Opening Charges – Nil
  • Demat Account Opening Charges – Nil
  • Angel Classic ( 10,000 to 24,999) – Rs. 450 per annum
  • Angel Preferred ( 25,000 to 49,999) – No AMC for 1st year and Rs 450 per annum afterwards
  • Angel Premier ( 50,000 to 99,999) – No AMC for 2 year and Rs 450 per annum afterwards
  • Angel Elite ( 1,00,000 & more) – No AMC for 3 years and Rs 450 per annum afterwards

India’s Best Trading Platforms Offers at GoPaisa

You must have gone through the above mentioned Best Online Trading Platforms in India and their account opening & brokerage charges.  If you are planning to open a new demat or trading account, you can do so through GoPaisa to enjoy various deals and offers. Also. if you wish to save a little money while you securely invest your money all you need to do is to transact through GoPaisa.com and make the best use of your money. 

GoPaisa is one of the best websites for accessing coupon deals on numerous e-commerce platforms and big branded stores. The website is known for its exclusive and extensive database of coupon deals and offers. This will surely make your experience more pocket-friendly with the best of the collection. GoPaisa updates their list of discounts from various platforms frequently and brings to you hassle-free and most reasonable shopping time.

We hope you enjoyed gaining knowledge on the Best Trading Platform in India 2020 and found the post helpful. 

Important Note: Please note that all the information and charges given are on “as is ” basis. There may be changes in account opening fees, brokerage and other charges for different stock brokers. We suggest you check the respective broker website for any important amendments though.