Best Demat account brokers with Zero Commission in India 2026

Mobile apps and discount brokers make it easier to open a demat account and place trades. This guide compares popular Indian brokers on fees, features, and usability — not a single “best app” for everyone.

This guide will look at the Demat account brokers with zero commission, talk about the things consider think about when picking the best trading app for your needs, and rank them.

India is not the only place where you can invest. Besides Indmoney and Vested, there are other apps that let you buy US stocks from India. You can read a full review of the Indmoney app and see how it stacks up against Vested when it comes to investing in US stocks. This section compares six popular Indian stock-trading apps.

There are many things that investors can buy and sell on both the BSE and the NSE. These include stocks, commodities, derivatives, mutual funds, exchange-traded funds (ETFs), and more. People usually buy and sell stocks, which are equities. Stocks are made up of shares of companies. Things that can be seen and touched, like gold, silver, oil, and other goods, are called commodities. You can find out more about the best Indian broker for trading commodities here.

You need both a trading account and a demat account in order to trade stocks. Demat account brokers with zero commission are favourable in the long run to save costs on brokerage. When you want to buy or sell something on the exchange, you use a trading account. You can keep your shares in electronic form in a demat account. To move money between your trading and demat accounts, you also need a bank account that is linked to them.

To open a trading and demat account, you need to pick a broker. The broker will connect you with the exchange. The Securities and Exchange Board of India (SEBI), which oversees the Indian stock market, registers people and businesses to act as brokers. You will have to pay a broker for services like brokerage, opening an account, keeping it up to date, and so on.

In India, there are various kinds of Best Demat account brokers with zero commission, including discount brokers and full-service brokers. Full-service brokers do more than just trade for their clients. They offer research, advice, portfolio management, and other services. Discount brokers only let their clients trade, and they do it for very little money.

Thanks to progress in technology, you can now trade stocks on your phone or tablet using Demat account brokers with Zero Commission apps. You can get to your trading and demat accounts from these apps at any time. These apps also let you get news, analysis, charts, and market data in real time.

Also read: Best Demat Account for College Students in India

To choose a zero-commission demat account, compare the full cost picture (brokerage plus statutory charges) and the trading experience. Use the checklist below to evaluate cost transparency, onboarding, security, and support.

What to check in a zero-commission demat account

Use the criteria below to compare demat brokers on cost, platform, and support. Here are some key points to consider:

Easy-to-Use Interface

Look for a trading app that feels simple: fast account navigation, clear order screens, and reliable order execution. If you are switching between delivery and intraday frequently, prioritize an interface that reduces taps and errors.

Security Features

In a demat account, security is the baseline: enable two-factor authentication (2FA), use strong device/login hygiene, and check whether the broker offers account alerts and suspicious-login notifications. No broker is “”—your settings and controls matter.

Feature List

There should be order types, watchlists, alerts, portfolio trackers, and other important features in the app that you need to trade on the stock market.

Fees and commissions for trading

Fee structures for different apps varies. Some charge a fee for each trade, while others let you trade without paying a fee. The six brokers below are compared on published delivery and intraday charges.

Useful Tools for Analysis and Research

Tools for in-depth research and analysis could help you make better decisions about which stocks to buy and how to buy them. Find Demat account brokers with zero commission that offer real-time data, technical analysis, and fundamental analysis. Tradingview Premium is built into some apps, like Upstox and Dhan, so you can use it for technical analysis.

Support for Customers

The app should have a quick and helpful customer service team that can answer any questions or help you with any problems you may have while using the app.

Easy access on mobile

Before you download the app, make sure it works with the phone’s operating system. Most stock trading apps can be used on both iOS and Android, but it’s still a good idea to check. We picked only apps that work on Windows, iOS, and Android units.

Payment options

We have checked the different payment methods that are available for opening an account and taking money out of it. All the best Demat account brokers with zero commission discussed below offer UPI and net banking fund transfers.

Reviews

The app should have positive reviews from other users who have used it before. You can check online platforms such as Google Play Store or App Store for user ratings and feedback. In this article, we have already done this for you.

Now, let’s explore the top stock trading apps in India that meet the above criteria:

Zero-commission broker apps at a glance

What are these platforms, and how well-known are they before we get into the details? You might choose one of these Demat account brokers with zero commission over another based on their history and values.

• Zerodha: Zerodha was one of the first Demat account brokers with zero commission and was founded in 2010. They are known for having clear prices and platforms that are easy to use. Read more about Zerodha company information here.
• Upstox: This well-known discount brokerage platform used to be called RKSV Securities and is proud of its low-cost trading. Read more about Upstox company information here.
• Dhan: Dhan is a fairly new company that lets people trade and invest fast which is quite essential when it comes to trading. Read more about Dhan company information here.
• Groww: Groww has become popular as an easy-to-use platform for investing in mutual funds. Read more about Groww company information here.
• 5-Paisa: 5Paisa Capital Ltd (5PCL) was set up as a public limited company on July 10, 2007. 5paisa has a unique feature called “Robo Advisory” that uses AI to give you personalized investment advice based on your investment goals and risk tolerance. Read more about 5paisa company information here.
• Mstock: Mstock is known for giving traders new features and tools. The unique selling point of Mstock is that it charges Zero commission on trading. But, the initial account opening fee is highest of Mstock. Read more about Mstock company information here.

Which app fits your trading style

1. Upstox: Good for Traders

Upstox’s Features

Over 4 million people in India use Upstox, which is the biggest discount broker in the country. It has a trading app called Upstox Pro that lets you trade on the BSE, NSE, and MCX. It is very powerful and has a lot of features. You can make multiple watchlists, place advanced orders, view live charts, and more with Upstox Pro’s easy-to-use and customizable interface.

Upstox Pro also gives you access to a number of tools, such as scanners, alerts, backtesting, and more. For intraday trades, Upstox charges a flat fee of 20 or 0.03%, whichever is less. There is no brokerage fee for equity delivery trades. Upstox also has other apps, like Upstox Learning for learning, Upstox MF for investing in mutual funds, and Upstox Smallcase for investing in themes.

People who trade and invest a lot often choose Upstox as the best Demat account broker with zero commission. It has advanced charting tools and resources for analysis. It is famous for having a trading platform that is very fast. Both new and experienced traders can use it without any problems. People who trade a lot choose Upstox because it has low prices and powerful charting tools. One more great thing about Upstox is that you can trade commodities.

Read more about Upstox account opening benefits.

Pros of Using Upstox

• Advanced charting tools
• Fast order execution
• Competitive Pricing
• Good referral benefits are available through the partner program via Upstox coupon/ Promo/ referral codes/ referral links.

Cons of Using Upstox

• Inadequate customer support
• Can be complex for new user

2. Zerodha: The Pioneer in Discount Broking

Zerodha’s Features

Over 5 million people have used Zerodha, making it one of the biggest discount brokers in India. It gives you a trading app called Kite that lets you trade on the BSE, NSE, and MCX. It’s sleek and light. Kite lets you search for, analyze, and trade stocks, commodities, currencies, and derivatives. Its interface is simple and beautiful. On Kite, you can also get to different tools, like charts, indicators, screeners, and more.

For equity delivery trades, Zerodha doesn’t charge any brokerage. For other segments, the company charges a flat fee of Rs. 20 or 0.03% of the order value, whichever is less. There are other apps from Zerodha as well, like Coin for mutual funds, Varsity for education, and Console for reports.

Zerodha is a widely used discount broker with flat per-order pricing on many segments and zero delivery brokerage on its standard plan. Kite (web/mobile) is the primary trading interface; confirm current charges and product availability on Zerodha’s official pricing pages before trading.

Also read: Check Zerodha vs Indmoney charges

Pros of Using Zerodha

• Low brokerage charges
• Research and charting tools
• User-friendly interface
• Excellent customer support

Cons of Using Zerodha

• Limited customer service hours
• Account opening is not Free

3. Dhan: Making Investing Simple

Dhan’s Features

Dhan, a new stock market Demat account broker with zero commission, came out in 2026 from Alpsoft Technologies. It provides a trading app named Dhan that lets you trade on both the BSE and NSE. The app is very basic and easy to use. Dhan’s interface is clean and easy to use, making it simple to find stocks, do research on them, and trade them. Dhan also gives you access to many tools, such as news, insights, recommendations, and more.

For equity delivery trades, Dhan doesn’t charge any brokerage. For equity intraday and all segment futures, it charges a flat fee of ₹20 or 0.03% of the trade value per executed order, whichever is less. Dhan has more features, like the ability to trade directly on charts, trade and invest with APIs, use margin trading, trade from the web trading platform, and trade directly from tradingview.

Dhan tries to make investing easy, especially for people who are just starting out. It lets you invest without paying any fees and sets investment goals. Dhan has found a niche by making it easy for new investors. Many first-time investors are interested in it because it has a no-commission model and an easy-to-use mobile app. With Dhan, investing is easy for people who want a simple and fast experience.

Pros of Using Dhan

• Zero commission for Equity delivery
• Goal-based investment planning
• Easy-to-use mobile app

Cons of Using Dhan

• Limited research tools
• The mutual funds option is not available

4. Groww: The User-Friendly Choice

Groww’s Features

Groww has over 15 million users and is one of the fastest-growing Demat account broker with zero commission in India to buy stocks and mutual funds. It has a trading app called Groww that lets you trade on the BSE and NSE. It is simple and easy to use. Groww’s interface is easy to use and looks good, so you can feel good about exploring, learning, and investing in stocks.

Groww also gives you access to many tools, such as news, videos, blogs, and more. For equity delivery trades, Groww doesn’t charge any brokerage fees. For all other segments, the fee is a flat Rs. 20 per order. Groww also has other features, such as Groww SIP (for systematic investing), Futures & Options, and Direct Mutual Funds.

Groww’s app is known for being easy to use, which makes it a great choice for new investors. It has a KYC process that doesn’t use paper. It’s good for long-term investors because it’s easy for beginners to use and there are no fees for investing in mutual funds.

Pros of Using Groww

• User-friendly interface
• Paperless KYC process
• Offers Credits and loans

Cons of Using Groww

• Limited advanced trading features
• Limited research resources

Read a detailed comparison between Groww & Upstox

5. 5paisa: A One-Stop Financial Supermarket

5paisa’s Features

With more than 1.5 million customers, 5paisa is one of the biggest online brokers in India. It has a trading app called 5paisa that lets you trade on the BSE, NSE, and MCX. It is a complete and flexible app. 5paisa has a dynamic and interactive interface that lets you use one platform to get to many products and services, like stocks, mutual funds, insurance, loans, and more.

On 5paisa, you can also get to different tools, like charts, screeners, robo-advisors, and more. For equity delivery trades, 5paisa doesn’t charge any brokerage fees. For all other segments, they charge a flat fee of Rs. 20 per order. 5paisa also has other features, such as 5paisa School for learning, 5paisa Smart Investor for research, and 5paisa Smallcase for investing in themes.

It has a trading platform with a lot of features and a lot of research tools. If you want to diversify your investments, 5paisa is a great choice. With a 5paisa referral code, you can get extra benefits.

Pros of Using 5paisa

• A wide array of financial services
• Low brokerage fees
• Robust research tools

Cons of Using 5paisa

• Complex fee structure
• High AMC charges

Read a detailed comparison between 5paisa & Upstox.

6. Mstock: The New Player in Town

Mstock’s Features

Mstock app by Mirae Asset is a stock market trading app that offers zero brokerage for life on various investment products such as equity, ETFs, IPOs, mutual funds and currency. It also provides margin trading facility (MTF) at one of the lowest interest rates in the industry. The app has over 5 million downloads and a 4.3 star rating on Google Play Store. It is backed by Mirae Asset, a global financial group with over 25 years of experience and USD 565 billion of assets under management .

We have done a detailed review of Mstock that you can read here.

Pros of Using Mstock

• ₹0 Brokerage for Lifetime
• Low-interest e-margin facility

Cons of Using Mstock

• Limited track record
• Limited investment options
• Slow and laggy interface
• Regular app glitches
• Account opening fees can be higher for some accounts; compare current charges and eligibility

Head-to-Head Comparison

FAQs

Which app fits your trading style and charges?

User-friendly: Groww
Features: Upstox
Security: Zerodha

Stock trading apps with zero commissions

For trading in stocks, Mstock offers zero commissions.

Can I use multiple stock trading apps simultaneously?

Yes, you can use multiple apps to diversify your investments and take advantage of different features.

Do I need a significant amount of capital to start investing in stocks through apps?

No, many apps allow you to start with a small investment, making it accessible to a wide range of investors.