Best for
Best broker for beginners
First demat account? You want ₹0 delivery, painless onboarding, and an app that doesn't assume you know what a candlestick is.
Beginners lose money to complexity before they lose it to markets: confusing apps, percentage brokerage on small orders, and AMC they didn't know existed. The ranking below weights onboarding ease, ₹0 delivery brokerage and one-app simplicity.
Open one account, buy one index fund or blue-chip share, and learn the mechanics with our brokerage calculator before sizing up.
Top pick
Zerodha
Match score: 86/100
- ✓₹0 equity delivery
- ✓Stocks, MFs & more in one app
Also shortlisted
Ranked by the same transparent scorer as the find-my-broker quiz (editorial rating + persona fit over live fee data) — a starting point, not advice. Verify pricing before opening an account.
FAQs
Which broker is best for a first demat account?
Pick one with ₹0 equity delivery, free account opening, and a simple app — onboarding ease matters more than advanced charting in year one.
How much money do I need to start?
You can start with ₹500–1,000. Keep the first trades tiny while you learn order types, settlement (T+1) and charges.
Should beginners use intraday or F&O?
No. Learn delivery investing first — intraday and F&O add leverage, time decay and costs that punish inexperience quickly.