Stocks On Fire

Stock Market Trading Tools.

Skip to content
  • FataFat Stock Screener
  • Intraday Fibonacci Levels
  • Random Learning Series
  • PREMIUM

Which broker provides a Zero AMC Demat Account in India?

Posted on December 3, 2019November 17, 2021 by Stocks On Fire

First timers often confuse between a stock trading account and a demat account.

Seeing that, the trading account with some stock brokers is free, some assume there are no fixed yearly charges to pay.

While most brokers provide you their trading account for free, their demat account comes with a recurring Annual Maintainance Charge.

The stock brokers demat AMC fees in India, often varies from 300 INR upwards per year, depending on the broker you choose.

You are also charged a Demat Debit Fee (aka. demat transaction fee), every time a stock moves out of your demat account.

While it is a common practice for all the stock brokers in India to charge a demat debit fee, not all stock brokers in India has an Annual Maintainance Charge ( Demat AMC ) for maintaining your demat account with them.

Which broker provides a Zero AMC Demat Account in India?

Fyers Stock broker in India, provides a Zero AMC Demat Account Service for their trading clients. No fixed recurring charges every year.

With Fyers you can have a FREE TRADING Account and own a DEMAT Account with no yearly fees.

You pay only the Demat Debit Fee which is 15.5 INR per transaction.

A commendable offer from a stock broker, helping their clients find value in all the services they provide.

 

UPDATE APRIL 2020 regarding Fyers Demat AMC.

From april 2020, Fyers now charges an annual amc of 300 + GST for new clients, however demat accounts signed up before April 2020 will continue using their demat services with no AMC.

If you missed out on this opportunity and still looking for a demat account with no AMC, you can check out with Finvasia Stock broker. They still provide their demat services with no AMC.

 

 

This entry was posted in Finvasia, Fyers and tagged demat account no amc. Bookmark the permalink.

Post navigation

← SAS Online user blocked, How to unblock user? Solved
How to study Market Profile Trading Course for free, for Indian Traders? →

Recent Posts

  • Free Intraday Screener : The FataFat Stock Screener ©
  • What is securities transaction tax / stt?
  • How to add nominee in mstock Demat Account?
  • Stock market prediction is a time-sensitive prediction. Why?
  • What is liquidity risk in stock markets?
  • What are American depository receipts (adr) ?
  • What is a real estate investment trust?
  • What is the Federal Open Market Committee?
  • What is hedging in the stock market?
  • Why are the stock markets volatile during the first few minutes of the market opening?
  • What are the components of an option chain?
  • What are triangle pattern breakouts?
  • What is ichimoku cloud trading strategy / ict trading strategy?
  • What is delivery trading?
  • What are AT1 bonds?
  • What is an “immediate or “cancel” order (IOC order) with reference to stock markets?
  • What is mark to market (MTM) in the stock market?
  • Zero brokerage on F&O Trading in India
  • What is an unfinished auction in a market profile chart?
  • Gudi Padwa 2023, Is it a holiday for stock market?

Categories

  • mstock
  • Order Flow Charts
  • FataFat Stock Screener
  • Something New
  • Useful Trading Tools
  • Random Learning Series
  • Premium
  • Market Profile
  • Amibroker
  • Algo Trading
  • Finvasia
  • Fyers
  • TradeScript Codes
  • FoxTrader
  • Zerodha
  • Alpha Trader
  • Zerodha Pi
  • Upstox
  • Trading Tools and Reviews
  • Trading Ideas
  • Simple GYAN
  • Google Analytics
  • Wiki
  • Travel
  • Nepal Share Market
  • Uncategorized
  • Stop Copying
  • Broker Reviews
This website " DOES NOT " provide or solicit any form of Stock Investment Advisory Service, as Primary or Incidental, either for Free or Paid.
This is a website for reviewing Stock Broker Services & Related Technology in India and does not come under the scope for a RIA registration with SEBI as required by the current regulation in India.
The Custom Coding Service & Analytics Tools made available here for Free or Premium are Analysis Calculators / Indicators using Industry Standard parameters for self-analysis by the end user.

DO NOT COPY CONTENTS FROM THIS SITE WITHOUT CONSENT.
[email protected]
Trading & Investing involves risk of loss and may not be suitable for you. Consult with a Registered Financial Advisor if required.

Zerif Lite powered by WordPress
Go to mobile version