Look, there are 4 types of major charges in a demat account 1. account opeing charges, 2. account maintenance charges, 3. brokerage charges and 4. regulatory charges or govt charges. lifetime free demat account is generally considered those brokers who have first two charges zero. so there are many lifetime free demat account in india like upstox, groww, paytm money etc
How do I avoid brokerage fees in india?
To avoid brokerage fee you need to open demat account with such a broker who doesnt charge brokerage fee in any segment that means equity delivery, equity intraday, equity futures and options, currency futures and options, commodity futures and options are tradable without any brokerage charged by stock broker. some brokers have their subscription plans which if you buy your all brokerages become zero.
Which brokers are brokerage free in India?
M stock, kotak securities trade free youth plan, finvasia and asthatrade are the few brokers in india who have absolutely free brokerages in all categories and account opening and maintenance charges are also zero. we have done a video on this topic you can watch that here-
Which demat account is totally free?
finvasia is the demat account where you are not charged for trading by finvasia but govt charges are still applicable ideally no demat account is actually totally free though finvasia is almost free.
Can you get a broker for free?
Getting a broker means opening demat account so there are so many brokers in india which you can get for free like upstox, groww, angel one, paytm money, 5 paisa etc.
Is there any zero brokerage?
zero brokerage is possible but regulatory charges/govt taxes will always be levied unless government make them zero himself.
Which app is best for trading without brokerage in india?
kotak securities trade free youth plan and finvasia are considered best among all for trading without brokerage in india. you can open demat account in kotak securities here for free brokerage.
Kotak trade free youth plan- https://www.kotaksecurities.com/landing-page/seema-meena/index.html
Also Read
Why Is My Brokerage Account Negative ? Reasons of Negative Balance in Demat Account
