Compare Demat Accounts for SIP & Trading in India (2026)

Disclosure: We are a partner of Dhan and may earn a commission if you open an account via links on this page. Investments are subject to market risks. Not investment advice. Affiliate disclosure

Compare the charges at three demat accounts used for SIP & trading.

Why Dhan?

• Equity delivery brokerage ₹0
• Account opening ₹0 and AMC ₹0 for individuals
• TradingView-powered charts at tv.dhan.co

Open a Dhan account

Why mStock?

• Brokerage ₹10 per order on every segment (₹0 for the first 30 days)
• Account opening ₹0 and AMC ₹0
• No operating charges

Open an mStock account

Why Upstox?

• Stocks, mutual funds and IPOs in one app
• Equity delivery ₹20 per order; account opening ₹0
• AMC ₹0 in the first year, then ₹300 + GST a year (non-BSDA)

Open an Upstox account

Charges checked October 2026. Investments are subject to market risks. Confirm on the official broker sites before opening an account.
Dhan vs Upstox · Methodology · Disclaimer