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Which is the cheapest Demat account?

Groww and Paytm Money offers the cheapest Demat account opening services. Both the broker neither charges any Demat account opening fee nor charges Demat account AMC fee from clients. Paytm Money also has the cheapest brokerage model offering free delivery trading and flat Rs. 10 per order brokerage on intraday and equity F&O trades whereas Groww offers Rs. 20 per order pricing plan. Paytm Money charges Rs. 300 platform fee from customers.

If you are an equity trader then you can consider these two discount brokers to open a Demat account, however, both the brokerage firms do not offer commodity and currency trading services.

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