How to Open Demat Account for Free?
In India if you want to start investing in Stock Market you need a Demat Account, Read the whole post to get proper information for opening the Demat Account.
Types of Broker Available in India
In India, at a high level, the famous stock market broker is providing two types of services.
- Full-services brokers
- Discount Stock Brokers
Full-Service Brokers
Full-service brokers provide a wide range of services including stock trading, research & advisory and local support.
Discount Stock Brokers
Discount Stock Brokers are online brokers specialized only in stock and commodity trading services. They don’t offer add-ons services like research & advisory, portfolio management services (also known as PMS) or wealth management services, they only provide the platform and charge you less using the platform you can easily trade, read charts and find other information related to the stocks, like daily high, low, upper circuit limit, lower circuit limit, and much more. But the good thing is they charge very low for trading, almost nothing in comparison to the Full-service brokers.
I am mentioning the two most favourable Brokers with whom you can open your Demat account now and start trading (The full process is online for opening the Account)
- Upstox
- Zerodha
Upstox
Open your Demat Account with Upstox — > https://bit.ly/2VFA1la
Currently, Upstox is offering the following things if you open your account now
i) Free Demat Account (After 25 July 2020 they will charge 300 Rs.) (Free for All Segment = Equity, FnO, Commodity)
ii) Free Moneycontrol Pro (for one Year) (This will worth of 1999 Rs.)
ii) Zero brokerage charges on trading for 30 days.
Zerodha
Open your Demat Account with Zerodha → https://bit.ly/2WcLF7n
Currently, with Zerodha you can open your account at a cost of
i) Only Equity = 200 Rs. + GST
ii) Equity + FnO + Commodity = 300 Rs. + GST
If you find any difficulty while opening your account, we can help you for opening the account just fill out this form, we will guide you and help you to open your Demat Account.
Fill This Form For Any Help -> https://bit.ly/313wcK6
- Investment in the stock market are subjected to market risk, please take advice from your portfolio manager before investing.
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Love, from EGrasps, we are here to help you, just fill the above form, and we will help you in opening the Demat Account.
