Zerodha
Discount Broker
About Broker
Zerodha, an Indian discount stockbroker, provides online trading and investment services. Founded in 2010 by Nithin Kamath and Nikhil Kamath, Zerodha has established a substantial presence in the market. As of February 2024, the platform boasts an active client base of 7,223,525.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
Brokerage 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
₹300account maintenance
₹300call trade
₹50Brokerage
equity delivery
Zeroequity intraday
0.03% up to Rs 20equity futures
0.03% up to Rs 20equity options
₹20 per ordercurrency futures
0.03%currency options
₹20commodity futures
0.03%commodity options
₹20Margins
Equity Delivery
0x As per exchangeEquity Intraday
3x As per exchangeEquity Futures
2.5x As per exchangeEquity Options
2.5x As per exchangeCurrency Futures
2.5x As per exchangeCurrency Options
2.5x As per exchangeCommodity Futures
2.5x As per exchangeCommodity Options
0x As per exchangePlatforms Offered
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.
Other Details
Advantages and Strengths of this broker.
Zerodha imposes a minimal trading fee and does not levy any charges for equity delivery.
A fee calculator is available on the Zerodha website, enabling users to anticipate trading costs.
There is no requirement to maintain a minimum balance when opening an account with Zerodha.
The processes for deposits and withdrawals are user-friendly and free of charge.
No platform deposit fee is required. Users can conveniently transfer funds to their accounts via UPI.
Disadvantages of this broker that it needs to improve upon.
NRIs, HUFs, and companies can open a demat account only through an offline process.
Responses from customer support may be delayed, and software glitches can occur at times.
Each investment instrument has a dedicated platform, such as Kite for shares, Coin for mutual funds, and Golden Pi for bonds.
The offline procedure is cumbersome and time-consuming, even for individual accounts, due to the limited number of physical branches.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Equily Charges
transaction charges
BSE: 0.00375%
NSE:
clearing charges
--
dp charges
--
gst
18% on Brokerage + Transaction
stt
0.1%
sebi charges
₹ 10 per crore + GST
transaction charges
BSE: 0.00375%
NSE:
clearing charges
--
dp charge
₹ 0
gst
18% on Brokerage + Transaction
stt
0.025%
sebi charges
₹ 10 per crore + GST
transaction charges
NSE:
clearing charges
dp charge
₹ 0
gst
18% on Brokerage + Transaction
stt
0.0125%
sebi charges
₹ 10 per crore + GST
transaction charges
NSE:
clearing charges
NSE:
dp charge
₹ 0
gst
18% on Brokerage + Transaction
stt
0.125% buy 0.0625% sell
sebi charges
₹ 10 per crore + GST
