Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
- Equity
- Commodity
- Currency
- Futures
- Options
Brokerage Plans (Single Plan)
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
Account Opening Charges
₹ 200Account Maintenance Charges
₹ 300Call & Trade Charges
₹ 50Brokerage
Equity Delivery Brokerage
ZeroEquity Intraday Brokerage
0.03%Equity Futures Brokerage
0.03%Equity Options Brokerage
₹ 20Currency Futures Brokerage
0.03%Currency Options Brokerage
0.03%Commodity Futures Brokerage
0.03%Commodity Options Brokerage
0.03%Margins
Equity Delivery Margin
0xEquity Intraday Margin
3xEquity Futures Margin
2.5xEquity Options Margin
2.5xCurrency Futures Margin
2.5xCurrency Options Margin
2.5xCommodity Futures Margin
2.5xCommodity Options Margin
0xTrading Platforms Learn More
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Pros
Advantages and Strengths of this broker.
- Zerodha is a self-clearing broker which means that they don't recover clearing charges from customers.
- They provide only Direct Plans on Mutual Fund investments.
- Bonds & G-securities can also be invested through Golden Pi.
- Provides free stock market lessons and financial education for everyone.
Cons
Disadvantages of this broker that it needs to improve upon.
- Zerodha’s call & trade charges are more as compared to other brokers.
- NRI Account opening can be done only through an offline process.
- For every investment instrument, they have a different platform like Kite for shares, Coin for mutual funds, Golden Pi for bonds etc.
- Response from customer support can be delayed.
- Due to a huge customer base, software glitches happen at certain times.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
- 3 in 1 Account
- Free Trading Calls
- Free Research Reports
- SMS Alerts
- Margin Funding
- Margin Against Share
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
- Mutual Funds
- IPO Platform
- Bonds & Debt
- Exchange Traded Funds
- Exchange Traded Funds
- Insurance
Why Choose Zerodha? Know Everything about Zerodha here.
Verdict
Zerodha offers zero brokerage on equity delivery. Being a pioneer discount broker, it enjoys the highest active client base. It also provides a user-friendly interface, integrated back office (Console), and an education platform (Varsity) for beginners. Also, no installable software provided for trading. These features make it more investor-friendly.
If you are an Investor, the broker provides you with
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Free educational content on the Stock Market and investing.
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Free equity deliveries.
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Real-time market alerts for free.
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GTT (Good Till Triggered) order that enables an investor to place a buy/sell order that gets executed at the desired price for the desired quantity and that too with a validity of one year.
If you are a Trader, the broker provides you with
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An ultrafast & user-friendly trading platform with advanced charting tools.
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Access to 20 market-depth views for building trading strategies.
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Extensive historical data & chart indicators for better decision making.
Trading Tools
Kite Web Trading Platform
Kite Web is a trading platform which can be used on desktop, tablets as well as on a mobile web browser. It shows market watch and extensive technical charting along with indicators. It also offers advanced order types like Brackets and Cover Order for trading at BSE, NSE and MCX.
Kite Mobile Trading Application
Kite application is available on both Android and iOS platforms. Customers can trade through their mobile phones and also track stocks and commodity markets of Indian stock exchange. It has live streaming data from BSE, NSE, and MCX.
Coin
Zerodha has a platform known as Coin in which you buy mutual funds online, completely commission-free and directly from Asset Management Companies (AMCs). You get Mutual Funds directly in your Demat Account and this makes it very user-friendly.
Console
It is the dashboard of your Demat account that provides complete information about your holdings, and tax-ready reports necessary for filing income tax returns. Console facilitates applying for IPOs using a Zerodha account.
Varsity Mobile
A free mobile application providing online as well as offline educational content for traders and investors. You can set your daily goals and gauge your knowledge by appearing for tests.
Sentinel
Do you wish to sell a share as soon as it reaches Rs 100? Sentinel will monitor the stock for you and will send an alert even if you are away, and that too for free. You can set simple or complicated parameters to provide an alert for not only stocks but for commodities, bonds and derivatives as well.
For Equity
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
Transaction Charges |
0.00325% - NSE |
0.00325% - NSE |
0.0019% - NSE |
0.05% - NSE |
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
STT |
₹ 100 per Lacs |
Sell-side, ₹ 25 per Lacs |
Sell-side, ₹ 10 per Lacs |
Sell-side, ₹ 50 per Lacs |
SEBI Charges |
₹ 5 per crore |
₹ 5 per crore |
₹ 5 per crore |
₹ 5 per crore |
For Commodity
CHARGES |
FUTURES |
OPTIONS |
Transaction Charges |
Group A - 0.0026% |
- |
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
STT |
Sell-side, 0.01% for Non Agri |
Sell-side, 0.05% |
SEBI Charges |
Agri - ₹ 1 per crore; Non-Agri ₹ 5 per crore |
₹ 5 per crore |
For Currency
CHARGES |
FUTURES |
OPTIONS |
Transaction Charges |
0.0009% - NSE |
0.00325% - NSE |
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
STT |
- |
- |
SEBI Charges |
₹ 5 per crore |
₹ 5 per crore |
Zerodha Complaints & Stats
Company name:
Zerodha Broking LimitedContact:
8047181888, 8047181999Email:
support.zerodha.com