Brokers
Compare demat accounts
BazaarBaazi runs 11 broker head-to-head comparisons across Zerodha, Groww, Upstox, Angel One and Dhan, each a cost-first verdict on who the account suits, with a transparent cost-fit score. Informational, disclosed, not a recommendation to open any specific account.
The answer
BazaarBaazi publishes 11 broker head-to-head comparisons across India's five major discount brokers, ranking each matchup on the all-in cost and fit that actually applies to how you trade rather than a single headline brokerage figure, with a transparent cost-fit score averaging 81/100 across the winning sides. It is informational, not investment advice.
BazaarBaaziSource & method
Every head-to-head11 live
Ranked by the winning side's cost-fit score, the desk's transparent 0 to 100 read for each matchup. Pick the two accounts you are weighing for the full side-by-side on charges, holding cost and fit.
Zerodha · Fit 83
Zerodha vs Angel One
Self-directed clarity versus bundled research.
Zerodha · Fit 82
Zerodha vs Groww
Zero AMC simplicity versus platform depth.
Zerodha · Fit 82
Zerodha vs Upstox
Ecosystem depth versus mobile execution speed.
Dhan · Fit 81
Dhan vs Zerodha
Zero-AMC trader tooling versus proven ecosystem.
Dhan · Fit 81
Groww vs Dhan
Beginner simplicity versus derivatives-first tooling.
Dhan · Fit 81
Angel One vs Dhan
Bundled research versus zero-AMC trader tooling.
Groww · Fit 80
Groww vs Upstox
Beginner simplicity versus trading speed.
Upstox · Fit 80
Upstox vs Groww
Trading speed versus beginner simplicity.
Groww · Fit 80
Groww vs Angel One
Lean zero-AMC simplicity versus bundled advisory.
Dhan · Fit 80
Upstox vs Dhan
Zero AMC certainty versus established track record.
Upstox · Fit 79
Upstox vs Angel One
Lean execution pricing versus bundled research.
FAQ3 reader questions · AEO-eligible
The broker comparison method, distilled and schema-marked for AI Overview, Perplexity and reader search.
How does BazaarBaazi decide which broker wins a matchup?
Every matchup is scored cost-first. Because the major discount brokers all charge zero delivery brokerage and a flat 20 rupees per executed order on F&O, the verdict turns on holding cost (AMC), platform depth and fit for how you trade. Each side gets a transparent cost-fit score out of 100, built from a stated factor breakdown, and the higher score is the matchup's pick. It is informational, not a recommendation.
Which is the cheapest demat account to hold in India?
On trades the major discount brokers are level: zero delivery brokerage and a flat 20 rupees per executed order on intraday and F&O. The difference is the annual maintenance charge. Groww and Dhan advertise zero AMC, Upstox a low AMC often waived the first year, and Zerodha a flat 300 rupees per year. Open the relevant matchup for the side-by-side, and verify the live rate card before opening.
How does BazaarBaazi make money from these comparisons?
Some broker links are affiliate links, and BazaarBaazi may earn a commission at no cost to you. That never changes the cost-first ranking, and every such link is disclosed. Full terms are on the affiliate disclosure page.