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    Trading and Demat account with lowest brokerage charges in India

    Looking to invest? If you are one of them searching for the best options to start your investment process then you are at the right place. But, first of all, you need to understand the difference in brokers as well as a type of investors you are. There are two types of brokers, include full-time brokers and discount brokers.  Discount brokers will charge fewer fees than the full-time broker.

    So here it is all, what you want to know about the broking firms providing minimum brokerage charges in India.

    1. Angel Broking

    It is one of the oldest broking firms in India, established in more than 900 cities of the country. They provide free lifetime demat account opportunity. There are no additional or hidden charges. You can open your account free of cost. They provide lowest brokerages charges in India. They currently have very large customer base more than 12,000,00 customers all over.

    2. Religare Demat Account

    It is a wholly owned subsidiary of Religare Enterprises.  They provide online and offline trading through digital platforms. There is no need for paperwork to open an account. You can open an account online in a few minutes. They have more than 9, 000, 00 customers all over. The charges are also very competitive on the brokerage.

    3. Kotak Securities Demat Account

    Kotal Securities offers a single account to hold all the securities and they provide services at the very low cost. They provide a single platform to invest in equity, future and option, currency trading, commodity trading. They also provide daily market reports and research report by sending you an alert. The demat account is not free there you have to pay Rs 500 to open aDemat account in Kotak Securities Demat account.

    4. 5 paisa

    Unlike other broking firms, 5 Paisa offers Rs 10 flat per trade. You can access unlimited trade it would only cost you Rs 10 per trade. It is not based on the percentage. They offerthe first year free maintenance charges.  You can access various options from a single account including mutual funds and insurance.

    5. Sharekhan

    It is one of the oldest firms working in broking and financial services. They have more than 14 lakh customer base all over. Currently, they are offering services from more than 1900 offices in 700 cities. They charge nothing for the trading account and for the demat account they charge you Rs 400.

    So, these are some of the best options available for lowest brokerages charges. But I would suggest you to choose wisely because not every firm is good to provide services what they say. It simply means, being a free demat account doesn’t mean you have all the services most of the broking firms fails to provide services because of the low cost.

    You need to check before applying and investing your account in the market. You should also keep in mind about the customer support. The customer should be up to the mark so that they can clear your doubts if you have any problem regarding trading or account management.

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