If you are looking to trade and invest money in stock market than you should checkout these 5 best free trading account in India, which not only offers free trading, demat and mutual fund accounts but also the best trading platform with low cost brokerage structure.

Whether you are a beginner in stock market or a seasoned investor or trader these stock brokers are one of the best options available for anyone looking to open best free trading account.

Now a days there are many stock brokers who is running free trading account offer for users to lure them, however one also keep in mind free is not always the best option.

Therefore, one should approach cautiously before choosing any of them as it is about your hard earned money.

Why I am saying this because the fact is there are more than 250+ registered stockbroker as per NSE latest data , this means the broking industry is highly competitive.

Hence, in order to persuade the new clients, many stockbrokers offers free trading and demat account to users but as there is saying “All that glitters is not Gold” i.e. is to say, the attractive external appearance of something is not a reliable indication of its true nature.

In brief before choosing the free trading account, one should also look at the other aspects such as, how intuitive and user friendly is trading platforms, the lowest brokerage structure, what kind of service other than trading and investing in stocks are available such as IPO, NFO, SGB, ETF, Gold, SIP, etc. does the broker have good customer support service.

All in all everything which can make trading and investing experience more pleasant and worthy enough is what makes them best free trading account stockbrokers in India.

Moreover, In this list of best free trading account in India, we will also checkout why these brokers are best in a brief. Always keep in mind just because any stock broker is giving you the free trading account does not mean you should open an account blindly.

Also keep in mind these offers are for a limited time period and may change in future.

Now enough of extra Gyana 😎😁 given, without wasting any further time lets us jump directly to know which are the stockbrokers who not only offer best free trading account but also fulfill all other needs.

5 Best Free Trading Account In India:

Moneycontain list of 5 best free trading account in India in 2022 include:

1. Groww Stock Broker
2. 5Paisa Stock Broker
3. Fyers Stock Broker
4. Espresso Stock Broker
5. ICICIdirect Stock Broker

Let us first see the account opening and Annual Maintenance Charges (AMC) for these stockbrokers, keep in mind AMC gets charges yearly if any i.e. at the end of 1 year or so.

From below table you can open the account with any of these stockbrokers within minutes online free and get exclusive deals while opening the account through the link.

Second we will see the brokerage charges by these stockbrokers, which by the way is also one of the lowest in Industry at present.

What they mean is, suppose you bought stock xyz priced at Rs.100, quantity 100 on intraday basis,

so the total turnover would be bought 100, sold 100(100*200)=  20,000 on this amount they will charge either whichever amount is lower as 0.05% of 20000, is Rs.10 so they will charge that instead of flat Rs.20.

Moreover for investing in mutual funds there are no brokerage or commission is charged from these stockbrokers at all.

Last but not the least we will see the ratings of these stock broker based on stock trading apps on google playstore as well moneycontain ratings for desktop (downloadable) and browser based version of trading platforms, which is based on my personal experience after using them.

While opening account online keep your Pancard, Aadhaar Card and your signature on white piece of paper handy with you.

Also, you will need to take a selfie for the process of KYC process. Your account gets activated within 24-48 hours after submitting the required details and you can start placing trades once you receive the credentials in your email.

Apart from above points we discussed, let us see what all other features you can expect after opening a free trading account with these top stockbrokers.

Best Free Trading Account in India Features:

1. Universal search tool to find simple and complex stocks.
2. Access to NSE/BSE cash, Futures and Options, commodities and Currencies scrips
3. Cutting-edge charting tools that are above industry standards
4. Japanese Candlestick Charts of multiple intervals, types and drawing styles
5. Apply 100+ technical indicators on real-time charts
6. Trade directly from charts with the Trade From Charts (TFC) feature
7. Checkout Fundamentals of company such as Balance Sheet, Profit/loss statement, P/E, P/B ratio, Results etc.
8. Set unlimited number of price alerts for instant updates
9. Option chain, Option Greek Calculator, Option Moneyness, Option Scholes Calculator etc.
10. Create unlimited number of customized watchlists
11. Receive real-time market feeds to stay on top of your scrips
12. Access predefined watch-list of Nifty 50, FINNifty and other indices
13. Biometric (fingerprint and Face ID – iOS) 2FA for seamless logins and better security
14. Invest in ETF’s, Gold, SIP’s in Mutual Funds, NPS, ELSS Funds, FD, RD and lot more options such as smallcase, loans, health insurance etc.
15. Invest in US Stocks such as Apple, Google, Amazon, Walmart and lot more stocks.

Conclusion:

Although keep in mind all mentioned above features are not available with all the brokers in the list, for example, ICICIDirect is a fulltime stock broker which also offers stock recommendation, investing in RD, FD, NPS, PPF etc. but this feature is not available with the remaining brokers in the list.

Investing in US stocks is available with Groww, 5Paisa, and ICICIDirect not the with Fyers and Espresso as of now.

Investing in SIP’s and mutual funds are with everyone expect Espresso broker.

If you are someone who is looking to trade in Currency, Commodity segment, than Groww is yet do not have these segment live as of now, but soon will have assembled as recently they tested the Beta FNO version on their trading platform which was not available earlier.

So, according to your need you can open your free trading and demat account with these best stockbrokers. As there are no charges associated there is nothing to loose and one can give try to anyone, now it is up to you to decide which ones suits your need.

Having said that, Never opt any stockbroker based on just one particular USP, see what all it has apart from that.

In simple terms, if your objective is to trade and invest in Stocks (equity), Exchange Traded Funds (ETF’s) Sovereign Gold Bond (SGB), Initial Public Offering (IPO’s),  you can open free trading account with anyone from the above list.

Also, all mentioned stock brokers above have great technical and fundamental analysis tools so rest assured if you are a pro intraday trader or wants to become one.

Below are the links of these stock broker from where you can directly open the free trading and demat account and get best deals, free trading and demat account is for a limited time period.

To open an account of your choice, click on the link below and do simple online and hassle-free paperless process within minutes.

To Open an Account with 5Paisa click here.

To Open an Account with Groww click here.

To Open an Account with Fyers click here.

To Open an Account with Espresso click here.

To Open an Account with ICICIDirect click here.

Trust me you will not regret opening a free trading account with these brokers in India as they are tested personally before giving review.

If you are a beginner in trading and investing, please read this amazing guide on how share market works in India?

Also, do checkout moneycontain inflation calculator to know how much inflation make an impact on your savings and investment here.

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Open Best Trading/Demat/Mutual Fund account online within minutes and start investing and trading in stocks, FNO, Commodity, Currency, ETF, SGB, IPO, Gold and many more Products..

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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.