Firstock
Discount BrokerFirstock Demat Account Details
Firstock Demat account review. Firstock open Demat account or closure. Find account opening charges, closing forms, customer care and brokerage charges.
Founded in 2021 by Vikram A.V., Firstock is a discount broker in India, offering seamless online trading and investment services. It operates as an app-based investment platform focused on technology-driven solutions for capital market assets . The company is located in Bengaluru, India.
Company Information
Key Highlights
- Trade in Stocks, F&O, Sovereign Gold Bonds (SGBs), Government Securities and ETFs all from a single platform. Flat Fee Trading: Just Rs 20 per order for F&O and Intraday trades.
- Zero-Cost Services: No account opening, AMC, equity delivery.
- Refer & Earn: Users can get 10% of the brokerage generated from every referral.
- Advanced Trading Tools: Access state ‑of‑the‑art charts and indicators for making informed investment decisions.
- Instant Settlement: 100% of sale proceeds are credited instantly.
- Global Investment Opportunities: Users can invest in both Indian and global ETFs.
- Simple & Transparent Pricing: Firstock emphasises transparency in its pricing structure, with no hidden fees.
- Instant Account Opening: Users can open a demat account instantly.
Compliance & Foundation
SEBI Registration Number
N/A
Exchange Member Code
N/A
Founded
N/A
Head Office
N/A
Charges & Brokerage Plans
| Charge Type | Amount / Details |
|---|---|
| Demat Account Opening Charges | Rs 0 |
| Annual Maintenance Charges (AMC) | Rs 0 |
| Buy(Receive/Sell (Debit) (Market Trades) | (Buying is Nil) Sell-Rs 8-+ Rs 5.50/- + GST ( CDSL Charges) |
| Buy(Receive/Sell (Debit) (Off-Market Trades) | Nil/0.03% or Rs 25/-Whichever is Higher + GST |
| Courier Chrges per Demat/Remat/Demat Rejn./CMR | Rs 100 |
| Demat | Rs 150 (per certificate) |
| Remat | Rs 150 (per certificate) + CDSL Charges |
| Demat Account Opening Fee | Rs 0 (Free) |
| Demat Account Annual Charges (AMC) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) |
| Transaction Charges (Buy) | Buying is Nil | Sell-Rs 8 + Rs.5.50 (CDSL Charges) |
| Annual Maintenance Charges (AMC) | Rs 0 |
| Demat + Courier charges | Rs 150 (per certificate) + Rs 100 Courier Charges |
| Remat | Rs 150 (per certificate) + Rs 100 Courier Charges |
| Other Charges | Physical delivery - brokerage of 0.25% of the contract value |
Online Account Opening
Step-by-Step Process
Zero-Cost Services: No account opening, AMC, equity delivery.
Instant Account Opening: Users can open a demat account instantly.
Visit Firstock website/app - click “Open an Account”
Verify mobile & email via OTP
Link bank account via UPI or IFSC/MICR & verify with OTP
Upload documents (PAN, signature, income proof if F&O)
Review & submit — login credentials arrive via email within ~24 hours.
Download and fill out the forms: Get the account opening, KYC, and DDPI forms.
Required Documents
- PAN Card
- Aadhaar Card
- Cancelled Cheque or Bank Statement
- Signature and Photograph
Growth vs Risk Summary
Top Advantages
- Trade in Stocks, F&O, Sovereign Gold Bonds (SGBs), Government Securities and ETFs all from a single platform. Flat Fee Trading: Just Rs 20 per order for F&O and Intraday trades.
- Zero-Cost Services: No account opening, AMC, equity delivery.
- Refer & Earn: Users can get 10% of the brokerage generated from every referral.
- Advanced Trading Tools: Access state ‑of‑the‑art charts and indicators for making informed investment decisions.
- Instant Settlement: 100% of sale proceeds are credited instantly.
- Global Investment Opportunities: Users can invest in both Indian and global ETFs.
Key Limitations
- Cons are not explicitly listed on the source page.
Margin Exposure
| Segment | Margin Limit (Up to) |
|---|---|
| Margin / Leverage | Not specified on source page |
Customer Complaints (Year-wise)
| Financial Year | Total Complaints | Resolved | Resolution Rate |
|---|---|---|---|
| 2026 | N/A | N/A | 0% |
Firstock Demat Offer
Firstock Demat Charges Snapshot
- Demat Account Opening Charges: Rs 0
- Annual Maintenance Charges (AMC): Rs 0
- Check latest terms on broker website before applying.
* T&C Apply