Uh-oh! Zero brokerage demat accounts are disappearing fast! Once, we had so many choices like Finvasia Shoonya and Kotak Securities offering free brokerage. But now, almost all of them have started charging fees. Why? SEBI made a new rule that exchanges can’t give brokers discounts on big trades. This has forced many brokers to charge fees. To know more about this info, check out this link
But don’t worry! There are still three zero brokerage Demat accounts left in India in 2025. Let me tell you about them.
The 3 Remaining Zero Brokerage Demat Accounts
- Flat Trade:
Flat Trade is still keeping things simple and free.- You pay a one-time fee of ₹400 for account opening. This includes ₹200 for opening the account and ₹150 + GST for DDPI charges.
- After this, all brokerages are free forever!
Flat Trade is a reliable choice and has been around for some time.
- Lemonn:
Lemonn is a new app by the CoinSwitch team.- They offer free account opening and zero brokerage in all segments.
- However, because it’s a new app, users often face technical glitches and slow speeds.
- BlinkX:
BlinkX works on a subscription model.- You pay ₹899 per month as a subscription fee which is manufactured by JM Financial Group.
- In return, you get zero brokerage on all trades.
The Problem with Zero Brokerage Apps
Zero brokerage apps sound great, but they often come with issues. For example, new apps like Lemon face technical glitches. Some apps might not have fast customer service. Over time, these apps might also start charging fees, just like others did after SEBI’s rule.
If you’re looking for reliability and speed, I would say a discount broker like Angel One is a much smarter choice. It offers affordable fees of just ₹20 per executed order. Their platform is also fast and doesn’t face glitches like newer apps. They’ve been in the market for years, so you can trust their service. Click here to check out their website https://tinyurl.com/29sj4kaq
The Final Verdict
While Flat Trade seems to be the best among the zero brokerage Demat accounts, zero brokerage apps are not always perfect. They may lack speed, reliability, and customer support. Make the right move today and trade like a pro.