Free demat account opening is something that can prove beneficial and cost effective way to trade in the Indian equity markets provided you evaluate your brokerage plan and services provide by the share brokers holistically. This facility is provided by few share broking companies in India. However, this facility is extended by most stock brokers only when they are convinced that you are a serious share market investor.
What is meant by Free Demat Account Opening?
When you open a free demat account, it means that your demat account opening charges have been waived off. Which essentially means that the stock broker bears stamp paper charges for you and also does not charge you for opening your demat account. Stock brokers generally do this when
You commit a reasonable initial investment which is called margin money.
You opt for an advanced or pre-paid brokerage plan
They are running a promotional offer
