Home >> Blog >> Open Free Demat Account | A Comprehensive Guide to Upstox, Angel One & Alice Blue

Open Free Demat Account | A Comprehensive Guide to Upstox, Angel One & Alice Blue



A Demat account is a must-have for anyone interested in investing in the stock market. It serves as a digital repository where your shares and securities are held in electronic form, making the entire process of buying, selling, and managing investments more convenient and secure. In this blog, we will walk you through the steps to open a Demat account with four leading brokerage firms - Upstox, Angle One, and Alice Blue. Whether you are a seasoned investor or a beginner, we've got you covered with all the essential information to get started.


What is a Demat Account?

Before we delve into the account opening process, let's understand what a Demat account is. A Demat account, short for Dematerialized account, is an electronic account used to hold shares and securities in a digital format. It eliminates the need for physical share certificates, reducing paperwork and the risk of loss or theft.


How to Open a Demat Account Online?

Opening a Demat account has become a seamless and quick process thanks to online platforms offered by brokerage firms. Here's a step-by-step guide to open a Demat account online:

a. Research and choose the right brokerage: Consider factors like brokerage fees, customer service, research tools, and user experience before making a decision.

b. Visit the brokerage website: Go to the official website of the brokerage firm you've chosen.

c. Click on "Open Demat Account": Look for the "Open Demat Account" or similar button on the website's homepage.

d. Fill out the application form: Provide the required personal details and upload the necessary documents such as PAN card, Aadhar card, address proof, and a passport-sized photograph.

e. Complete the KYC process: To comply with regulatory requirements, complete the Know Your Customer (KYC) process either online through Aadhar-based e-KYC or offline through in-person verification.

f. Sign the agreement: Read and sign the Demat account opening agreement.

g. Verification: Once your documents are verified, you will receive your Demat account details via email.


Brokerage Charges Comparison

Broker Account Opening Charge Brokerage More Details
Upstox Free Rs. 20 Per Lot Click Here
Angle One Free Flat Rs. 20 Click Here
Alice Blue Free Rs. 15 per lot Click Here



In today's digital age, having a Demat account is essential for seamless and secure trading in the stock market. We hope this comprehensive guide has helped you understand the process of opening a Demat account with popular brokerage firms like Upstox, Angle One, and Alice Blue. Remember to conduct thorough research, compare features, and consider your investment goals before choosing the brokerage that best suits your needs. Happy investing!

Liked What You Just Read? Share this Post:

Viewer's Thoughts

parul | Posted on 18/12/2023

We appreciate you providing us with this content. Your post was explained in a really comprehensible and straightforward manner. This post has taught me a lot of fresh information. Please notify me of any upcoming posts and keep posting.

Monika Mishra | Posted on 25/01/2024

I am praising this blog because I have read many blogs but I like this blog very much because in this blog I have got all the information as per my convenience.

TheMukulAgrawal | Posted on 27/01/2024

@MonikaMishra Thank you so much!

Any Question or Suggestion

Post your Thoughts


Related Blogs

Open Interest Trading Strategy

Trading | 23-05- 2024

Open Interest Trading Strategy...

Learn Short Strangle strategy for options trading. Discover how to calculate strike prices based on open interest & maxi...

Continue Reading
Will Sebi Ban Algo Trading? Algo Trading Scam 2024

Trading | 05-04- 2024

Will Sebi Ban Algo Trading? Al...

Explore algo trading, SEBI's stance, and scams. Learn how regulations protect investors...

Continue Reading
Make money with MTF: Everything about Margin Trading Fund

Trading | 19-02- 2024

Margin Trading Facility: Incre...

Discover the power of Margin Trading Facility (MTF) as we delve into this high-leverage trading strategy. Learn how MTF ...

Continue Reading
Can Government Employees Trade & Invest in Stock Market

Trading | 15-02- 2024

Can Government Employees Trade...

Explore trading regulations for government employees, including rules on speculation, authorizing relatives for trading,...

Continue Reading
Why SEBI Banned Naked Short Selling

Trading | 06-01- 2024

Why SEBI Banned Naked Short Se...

SEBI banned Naked Short Selling. Explore the rules laid out, the reasons behind the ban, and its impact on institutional...

Continue Reading
Best Options Swing Strategy for Nifty & Bank Nifty for 2024

Trading | 05-01- 2024

Best Options Swing Strategy fo...

Explore the Options Swing Strategy, optimized for Nifty & Bank Nifty trading in sideways markets. Learn entry & exit tac...

Continue Reading
to Learn Important Strategy worth Rs.15000