🏆 Best Demat & Trading Account in India (2025) – Dhan vs Upstox vs Zerodha vs Groww

Opening a demat and trading account in 2025 isn’t just about “buying stocks” anymore — it’s about getting the right mix of advanced tools, low costs, and a seamless trading experience.

With more Indians entering the stock market than ever before, choosing the right stockbroker can mean the difference between smart investing and missed opportunities.

In this comparison, we pit Dhan, Upstox, Zerodha, and Groww against each other to help you find the best demat & trading account in India — whether you’re a beginner, swing trader, or derivatives enthusiast.

Dhan Vs Upstox Vs Zerodha Vs Groww Feature Comparison Table

Feature / Broker	🥇 Dhan	🥈 Upstox	🥉 Zerodha	Groww
Delivery Charges	₹0	₹0	₹0	Rs.20 or 0.1% per executed order (whichever is lower), minimum Rs.5
Intraday Charges	₹20 or 0.03%	₹20 or 0.05%	₹20 or 0.03%	₹20 or 0.05%
Option Chain Tool	✅ Advanced + Greeks	✅ Customizable	✅ Basic only	❌ None
Strategy Builder	✅ Pre-built + Custom	✅ Custom Builder	❌ Manual only	❌ None
TradingView Charts	✅ Integrated (Free)	✅ Partial	✅ Manual add-on	❌ Basic only
Platforms	Web, App, Options App	Web, App, Pro App	Kite App + Web	App only
Margin (MTF)	✅ Up to 4X (75%)	✅ Up to 4X (75%)	❌ Not available	❌ Not available
Account Opening	Free + Instant	Free + Instant	Free + Manual KYC	Free + Instant
Who it’s for	Power + Pro Traders	Active Retail Traders	Long-term Investors	Beginners only

🥇 Dhan – The Most Powerful & Modern Trading Platform in India

✅ Why Dhan Stands Out:

• Zero brokerage on delivery trades

• Advanced Options Chain with Greeks, Max Pain, IV, PCR, and OI trends

• Pre-built + custom options strategy builder

• Free TradingView & ChartIQ charts with order placement directly on charts

• F&O and Commodity trading from mobile & web

• Real-time data feed and 20-depth market view

• Margin Trading Facility (MTF) up to 4X (75%)

• No hidden charges or platform fees

🧠 Ideal For:

• Traders who use chart setups and technicals

• Options & intraday traders

• Investors who want tools + speed

 

Apart from above some other Unique Features That Gives Dhan the Edge

• ⭐ Dhan WiFi: Connect Dhan Web and App for a unified trading experience

• ⭐ Iceberg Plus: Slice large orders for faster, efficient execution

• ⭐ Super Order: Place entry, target, and stop-loss orders simultaneously

• ⭐ Scalper: One-tap trading directly on charts

• ⭐ Watchlist Groups: Track over 10,000+ stocks easily

• ⭐ Trader’s Controls: Alerts for over-trading and high-risk trades

 

🔥 Verdict:

Dhan is the most powerful and feature-rich trading platform in India right now — completely free to start and optimized for serious traders.

If you’re looking for a modern, feature-rich, and trader-friendly platform, Dhan is easily one of the best choices available today. From zero account opening charges to advanced tools like native TradingView, options strategy builder, and free API access, Dhan is clearly built with the modern Indian trader in mind.

Whether you’re an intraday trader, an options strategist, or a long-term investor, Dhan offers the perfect blend of speed, simplicity, and smart technology — without burning a hole in your pocket.

Why wait? Open your Dhan account now and take control of your trading journey with confidence.

👉 Click here to get started with Dhan

🥈 Upstox – The Balanced Powerhouse

✅ Why Choose Upstox:

• Clean & fast UI with smart UX

• Option Chain with strategy builder

• Zero brokerage on delivery

• ₹20 per order intraday

• Pre-set screeners and stock insights

🔍 Upstox Strengths:

• Good balance of simplicity and depth

• Smooth mobile and desktop experience

• Supports options trading with analytics

❗ Limitations:

• Some advanced tools behind login wall

• Not as deep-chart integrated as Dhan

 

💼 What Makes Upstox the Best Choice?

• ✅ Limited Time Free Account Opening – Zero AMC, online KYC
• ✅ ₹0 Brokerage on Mutual Funds, IPOs, Gold Bonds
• ✅ Flat ₹20/order on Equity, F&O, Currency & Commodity
• ✅ Access to UpLearn – Learn strategies, trading & more
• ✅ Invest in P2P Lending & Fixed Deposits
• ✅ Tools for every level – from beginner to pro

 

🏁 Ready to Get Started?

🎯 Open Your Free Demat + Trading Account in Just 5 Minutes!

✅ 100% Online | ⏱ Quick Setup | 💰 ₹0 Opening Fee

 

 

 

🥉 Zerodha – The Reliable Veteran

✅ Good For:

• Investors who want basic charts, good stability

• DIY traders used to Kite interface

⚠️ But…

• Outdated UI

• No live options strategies

• No advanced automation or screener integration

• Slow feature upgrades

Zerodha was revolutionary once — but in 2025, it feels left behind.

🟣 Groww – Great for Investors, Not for Traders

👍 Pros:

• Extremely beginner-friendly

• Great for SIPs, mutual funds, and basic stock investing

👎 Cons:

• No Option Chain, no strategy builder, and no margin facility

• Lacks TradingView integration or order-on-chart tools

Groww is simple — but oversimplified for traders.

❓FAQs – People Also Ask

1. Which is the best demat account in India right now?

Dhan offers the most powerful tools, zero delivery charges, and integrated options trading — making it the best overall in 2025.

2. Is Dhan better than Upstox or Zerodha?

Yes, Dhan has more advanced tools, a better UI, live strategy builder, and TradingView integration — all for free.

3. Can I trade options on Groww?

Yes, but Groww currently have very limited options trading features.

4. Which broker gives 4X margin?

Dhan and Upstox both offer 4X Margin Trading Facility (MTF).

5. Is it safe to open an account with Dhan?

Absolutely. Dhan is a SEBI-registered broker and a CDSL depository participant with bank-level security.

✅ Ready to Start?

Choose smart. Trade fast. Go with Dhan.
👉 Open Your Free Trading Account Now

🏁 Final Verdict:

If you’re serious about stock market trading — especially options, intraday, or even investing with insights — Dhan is hands down the best broker in India in 2025.

Rank	Broker	Best For
🥇	Dhan	Traders, Option Strategists, Power Users
🥈	Upstox	Active Retail Traders, Beginners
🥉	Zerodha	Long-Term Investors with Basic Needs
🟣	Groww	New Investors, SIP & Mutual Funds

If you’re a trader or want more control over execution, charts, and speed.
Dhan is not just another discount broker — it’s genuinely innovating, especially for the next-gen Indian trader.

If you’re tired of clunky trading platforms and want modern, high-speed trading with transparent fees — Dhan is one of the best stockbrokers in India today.

According to the latest NSE reports  there are about 200+ stock brokers in India, however what makes Dhan a leading and strong contender in the stock broking industry is the tools and resources they have in their trading platform.

Moreover there are no hidden charges and the brokerages are very minimal if we do the industry comparison. They are also backed by cash enriched investors so nothing to fear.

If I have to rate Dhan app after looking at there breakthrough pricing model for brokerages as well as other charges and experiencing there simple yet great user interface for trading platform I would give it 9.6 out of 10.

There’s never been a better time to take control of your financial future and with Dhan, you get the fastest, most reliable, and feature-packed stock broker app in India for 2025.

Whether you’re a beginner eager to start investing or an experienced trader seeking advanced tools and zero brokerage on delivery trades, Dhan has everything you need to succeed.

Don’t settle for less. Join over 1 million satisfied users who trust Dhan to power their trading journey every day. With zero account opening fees, free access to multiple platforms, and dedicated customer support, the path to smarter trading has never been easier.

🚀 Ready to Elevate Your Trading Game?
Start your journey with Dhan — India’s fastest, most reliable, and user-friendly stock broker app trusted by over 1 million users.

No hidden fees. No complicated processes. Just smart, seamless trading.

Open My Free Dhan Account Now

It takes less than 5 minutes to sign up and start trading.

 

Whereas Upstox is the second choice as it is no longer just a low-cost broker—it’s evolved into a smart, trader-focused ecosystem. Whether you’re a beginner, swing trader, or options expert, it offers tools that grow with you.

If you’re tired of minimal tools (Groww) or outdated workflows (Zerodha), Upstox gives you the perfect edge in the fast-moving world of Indian stock markets.

Upstox is much better than groww and zerodha If we do a overall comparison of various charges, features hence I would advise anyone to go with upstox or zerodha and avoid groww any day.

But if you’re serious about trading—especially in derivatives, intraday, or using market tools—Upstox is clearly the better platform.

It offers a perfect balance of affordability, functionality, and professional-grade tools that Groww lacks.

So, if you are more of a trader making intraday trades on daily basis and looking for investing and trading in other segments than you should go with Upstox without any doubt.

If I have to rate upstox overall as an leading discount broker I will give it 9.2 out of 10

👉 Ready to switch or start fresh? Click here to open your free Upstox account now and experience the next generation of trading!

🎯 Open Your Free Demat + Trading Account in Just 5 Minutes!

✅ 100% Online | ⏱ Quick Setup | 💰 ₹0 Opening Fee

 

If, you have liked the content please do share it with your friends or on social media, as sharing do bring the good karma. If you have any questions or feedback you can leave them in comment box below.

Here is the list of things as a beginner you should know, if you are thinking for doing intraday trading.

A brief understanding of

How share market works?

Learn about the basics of candlestick chart patterns and how to use them for intraday trading and investing. You should also learn about the best moving averages to use for better trading result.

Checkout Mastering Intraday Trading: A Beginner’s Guide to Profitable Strategies in the Indian Stock Market

Note: Please do your own research and make investment. Moneycontain will not be responsible for any of your losses at all. The point made is for educational purpose only and intended to give information. All investments are subject to risks, which should be considered prior to making any investments.

Disclaimer

This article is for educational purposes only and does not constitute financial advice. Trading in the stock market involves significant risk. Please consult with a SEBI-registered financial advisor before making any investment decisions.