Top 5 Demat Apps for Hassle-free Investment 

Investing in the 21st century requires access to a dedicated demat account along with a training account that can help investors buy and sell securities. Helping investors to hold stock market securities in a dematerialized format, a demat account can be easily accessed by investors using a dedicated best demat account app. With easy and hassle free access to all the necessary features, a demat app can offer a smooth trading experience and make investments convenient. Let us first understand what is demat accountbefore moving further:

What is a demat account?

A demat account serves as a dematerialized platform allowing investors to hold stock market securities like shares in a digital format. Without worrying about buying and selling stock market securities in a physical format like paper, a demat account makes investments easier, hassle-free and secure. The account even serves as an online locker that users can access anytime to transact and store stock market securities. Various service providers offer the best demat apps known for their different features and functionalities. Following are the top 5 demat apps that users can download on their devices to kick start their investment journey:

1. Choice Finx Trading App:

Serving as one of the best and feature-rich platforms, Choice Finx Trading App is known for its extensive functionalities. The app is known to deliver a smooth reading experience along with access to various features which have been listed below:

Zero account opening charges: Investors can open a demat and trading account using the Choice Finx Trading App without paying any upfront cost or hidden charges. 

Access to advanced charting tools: The trading app even delivers access to extensive functionalities long with various starting tools which can make technical analysis of stocks easy. 

Seamless user interface: The user interface is easy to understand and can be navigated through even by beginners. 

AI-based features and functionalities: Investors even receive access to an artificial intelligence based feature that makes trading and investment convenient. Users receive AI based insights that they can use for their benefit. 

2. Zerodha Kite:

Another popular trading app is Zerodha Kite used by investors for its easy to understand, fast and lightweight interface. With minimal features, the trading application does not levy any kind of hidden charges and commissions. Perfect for beginners, the application delivers access to advanced chatting tools and offers lower brokerage.

3. Upstox Pro:

Perfect for traders who wish to opt for regular active trading, Upstox Pro offers access to various features like one click trading, AI based market insights and customisable watchlist creation. With a flat charge of ₹20, the application enables cost conscious investors to invest freely and without worrying about exorbitant charges. 

4. Angel One:

Angel One trading app by Angel Broking offers smart market insight and investment recommendations for easy stock selection. Zero brokerage, data-driven advisory solutions, and access to multiple securities for investment make it one of the most opted-for trading apps.

5. Groww:

Perfect for beginners, Groww offers a user friendly interface that can be understood at first glance. Affordable charges, quick and easy account setup, and zero account maintenance and opening charges are the features that make Groww a popular choice amongst investors who require a beginner friendly app for their investment and financial goals.

Conclusion:

I hope you have understood what is demat account and now with countless service providers, finding and selecting the best demat account app requires proper research and analysis. With Choice Finx trading app serving as one of the best trading apps available, investors must compare different apps and their functionalities to find the most suitable.