2) HDFC Securities:
HDFC Securities is one of the largest and most trusted names in the Indian financial sector. It has a huge client base, and its customer service is excellent. The company offers trading in more than 500 stocks. It also provides margin trading, which means you can trade with borrowed money at HDFC Securities. If you have a large amount of money to invest, this is the place for you.
3) ICICI Direct:
ICICI Direct offers trading in more than 300 stocks on its website. It also offers margin trading and even allows users to open their own Demat account with them without any minimum balance requirement. You can also choose to buy mutual funds online through ICICI Direct with minimal paperwork and hassle involved.
4) Motilal Oswal Securities:
Motilal Oswal Securities was established in 1973 by Rakesh Jhunjhunwala, who is one of India’s most successful investors and fund managers today; he holds positions in many companies listed on the Bombay Stock Exchange (BSE). The company offers trading in around 350 stocks on its website, along with options trading, forex trading (currency exchange), commodities trading (such as gold or silver), mutual funds
5) SBI Securities:
SBI securities are one of the leading brokerage firms in India that offers its services to all types of investors from individuals to mutual funds and more. It provides online trading facilities to its clients through its websites sbisecurities.com and SBI online trading website. You can open an SBI securities account by visiting their website or calling 080-2221-3333 from your mobile phone.
6) Reliance Securities
Reliance Securities was established in 1994 by Reliance Industries Limited (RIL). It is one of the largest financial services companies in India offering trading and investment products to retail and institutional investors through its network of more than 700 branches across India. It has also tied up with over 100 international banks for providing banking services through its network of branches across India.
To open an account at Reliance Securities, you need to be 18 years or above and have an active bank account with any bank in India.
Zerodha is one of the pioneers in the online trading space. It offers a variety of financial products including stocks, commodities, and currency pairs. The company is based in Bangalore, Karnataka, and offers its services across India. It has over 1 million customers and provides a wide range of research tools to help traders make better decisions.
Sharekhan was established in 2003 by BSE Limited, which is one of the largest stock exchanges in Asia. The company is headquartered in Mumbai and offers services across India as well as internationally through sharekhan international limited (SIL), which was incorporated as a private limited company under the laws of Mauritius on May 31, 2013.
9) SIPCOT IDBI Bank Demat Account:
The SIPCot IDBI Bank Demat account offers all customers a free initial deposit of Rs 1000 and also offers a low transaction charge of just Rs 100 per trade. Additionally, it has no lock-in period and charges only Rs 50 per month as a maintenance charge. This makes it one of the best options for online trading in India.
10) Karvy Stock Broking Limited (KSB)
Karvy Stock Broking Limited (KSB) is an integrated broking house established in January 1995 by Karvy Group which has been providing various services to individuals investors, institutions & corporates since its inception
ConclusionThis is the list of online trading accounts in India which provides the best service. It will help you choose a right online trading or demat account. You can check the minimum balance charges, online working hours, and other details of each account on their respective websites. These top 10 best Demat accounts in India contains both non-regulated and regulated account. You should check all factors while choosing the right one for you.