Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective to number of shares or their prices (Except equity delivery trades which is free). With Zerodha, maximum brokerage you pay for any transaction is Rs 20 for an order (of any size and in any segment). Zerodha doesn't have minimum brokerage.
Incorporated in 2010; Zerodha is first and No. 1 discount broker in India by volume, number of customers and growth. As of Jan 2018, Zerodha has 7+ lakh clients. Zerodha contributes to over 8% of daily retail trading volumes across NSE, BSE, MCX. Zerodha has over 1000 employees located at its Bangalore office.
Like other online stock trading companies, Zerodha offers trading services to buy & sell stocks, futures & options (in Equity, Currency & Commodity segments). Zerodha's has built its own trading application named 'Kite' and backoffice software named 'Q'. All trading software applications including trading terminal, website and mobile trading (android / iOS) are made available to its customer for free of charge.
Zerodha's brokerage structure is extremely simple and very easy to understand. Customer who moved to Zerodha has reported 80% to 90% saving in brokerage in comparision to full-service brokers. Zerodha is among the most technologically advance and cheapest stock broker in India for all kind of investors including people who trader just a few times in a month to day traders who execute 100's of trades each day.
Zerodha also have amazing educational initiatives like Varsity, Trading Q&A and Opentrade. These platforms are actively used by its customers to intereact with Zerodha team.
Zerodha Trades In: BSE, NSE, MCX
Information about Zerodha account opening, Zerodha open account, Zerodha opening charges, Zerodha account opening charges, Zerodha account opening status, Zerodha amc charges, Zerodha account charges, Zerodha account closure
A customer can trade with Zerodha in following ways:
It have inbuilt strategies and quick order entry screen so you can creat your own strategies, back test them and trade directly from chart.
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For online trading with Zerodha, investor has to open an account. Following are the ways to open an account with Zerodha
Number of customer complained against Zerodha share broker. The Zerodha consumer complaints provide the summary of grievance which went to exchange for resolution.
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective to number of shares or their prices (Except equity delivery trades wh..
Zerodha offers stock trading account and demat account services. Customer pays the fees, commission and taxes while trading with Zerodha. Zerodha fee structure and trading commission rates are explained as below.
To open Zerodha account you have to pay account opening charges and annual maintenance charges (AMC).
Find information about Zerodha account opening, Zerodha open account, Zerodha opening charges, Zerodha account opening charges, Zerodha account opening status, Zerodha amc charges, Zerodha account charges and Zerodha account closure.
Customer pays commission (brokerage) when buying or selling stocks through Zerodha. The brokerage charges for equity, commodities and currency derivative trading for Zerodha are explain as below.
The demat account transactions are charged separately from trading commission. Find Zerodha demat account charges 2018.
All information about Zerodha demat account, Zerodha demat account review, Zerodha demat account charges, Zerodha demat account opening, Zerodha dp charges, Zerodha demat charges and Zerodha dp id
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges.
Get your complete brokerage refund if you make net profit at the end of 60 days. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order,
Do you have questions about Zerodha share trading account or Zerodha demat account?
Get all your share trading doubts and questions answered by reading the Zerodha demat, trading account information FAQ. All Zerodha questions, Zerodha q&a, Zerodha faq and Zerodha questions and answers.
Zerodha offers trading at - NSE, BSE, MCX and NCDEX.
Zerodha charges ₹300 to open trading account.
No, Demat Account is not mandatory when opening trading account with Zerodha.
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
₹20 per executed order
NSE ₹325 per crore | BSE ₹1 per trade (each side)
NSE ₹325 per crore | BSE ₹1 per trade (each side)
NSE ₹210 per crore | BSE ₹1 per trade (each side)
NSE ₹5300 per crore | BSE ₹1 per trade (each side)
NSE ₹135 per crore (0.00135%)
NSE ₹4400 (on premium) per crore (0.044%)
Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore
Yes; you can trade in equity segment with Zerodha.
No; you can't apply in IPO's if you have trading account with Zerodha.
Yes; you can buy / sell Mutual Fund's if you have trading account with Zerodha.
No; you cannot trade in bonds and NCD's with Zerodha.
Yes; you can trade in commodity segment with Zerodha.
Yes; you can trade in currency derivative segment with Zerodha.
Yes; cell phone apps are available to trade on phone with Zerodha.
No; 3 in 1 accounts is not available with Zerodha.
Yes; Zerodha offer automated trading to its retail trading customers.
Yes; you can place 'After Trading Hours' Order with Zerodha. The After Hour Sessions enable you to place orders even when the market is closed. The timings of the After Hour Order varies by broker to broker. Most brokers allows to place the AMO orders between 3:30 PM to 9:00 AM on trading day and 24 hrs on non trading day (weekends or trading holidays).
Note: After hour facility for order placement may not be available certain segments. Please check with the broker for more detail about this service.
No; you can't place GTC Orders with Zerodha.
No; Margin funding is not available when trading with Zerodha.
No; combined ledger for Equity and Commodity is not available when trading with Zerodha.
Kite Web, Kite Android/iOS, Pi, Coin
No; Zerodha doesn't provide 24x7 customer service.
No; Zerodha doesn't provide customer service through Chat service online.
No; Zerodha doesn't provide toll free number for customer support.
No; Zerodha doesn't offers customer service through local branch offices, local partners or franchises.
No; Zerodha doesn't provide free tips for stock and commodity trading to its customers.
Zerodha = Zero + Rodha
Rodha is a Sanskrit word. It means barriers.
This Zerodha means "No-barriers". The word Zerodha shows company's commitment to offer cheapest brokerage to Indian investors.
Zerodha started its brokerage business on 15th August 2010.
Hard to believe but YES they are making excellent profits by keeping the cost very low and by increased volume of trade by customers. Here is how the discount brokerage is a profitable business in short as well as in long term:
Would you like know more about Zerodha or ready to open account with Zerodha?
Simply leave your contact information and Zerodha representative will call you in few hours.
Zerodha doesn't offer home pickup of account opening forms. You will have to courier the forms to Zerodha Bangalore office. The forms can be filled online.
Once Zerodha receives the form; the equity trading and commodity trading accounts are opened within 48 hours.
When you are trading stocks and if you are trading volumes are lower you get the benefit of Rs 20 or 0.01% for intraday, whichever is lower.
When you place an order which gets traded, it is called an executed order. You don't pay for placing, cancelling or modifying an order; you pay only per executed order.
Zerodha doesn't charge per trade, Zerodha charge only for an executed order. So even if an order is executed in 5 different trades it is considered only 1 executed order and you pay only Rs 20.
Example of an order is:
Buy 1000 shares of ONGC
You place a 'buy' order for 1000 shares of ONGC. This order may get executed in different trades (chunk) until the whole 1000 share are bought. However, Zerodha charges you only Rs 20 for the order that is placed, irrespective of how many trades it takes to complete the order. The same charge is applied for trading Equity Intraday, Delivery, F&O, Currency Derivatives and Commodity.
Zerodha doesn't charge per trade, They charge only for an executed order. So even if an order is executed in 5 different trades it is considered only 1 executed order and you pay only Rs 20.
When customer place an order over the phone, Zerodha charge an additional charge of Rs 20 as Call & Trade Fee.
Zerodha is an online broker. Zerodha prefers that customer uses its online trading platform to execute orders.Zerodha offers free installable trading terminal, website and mobile application.
Following is the list of trading platforms Zerodha provides to trader:
Yes Zerodha provide advance technical charts on its free trading terminal. Basic charting is provided on trading website.
Zerodha Trader, the trading terminal provided by Zerodha requires minimum 512 Kbps internet connection for optimized performance.
If you use the product type as MIS, you get leverage for intraday trading.
Marginat Zerodha varies by the script and on daily basis based on the volatility in market. It's not fixed.
Zerodha provide a tool on its website to calculate margin requirements for option writing/shorting or for multi-leg F&O strategies while trading equity, F&O, commodity and currency before taking a trade.
The tool is called 'Zerodha SPAN Calculator'.
AlgoZ is a tool made available by Zerodha to code technical analysis strategies for automated trading. Build on top of Zerodha Trader, AlgoZ allows you to code the strategies, test them and execute them in live market.
AlgoZ is available for free.
Zerodha offers 3 easy money transfer options to suite customer requirement. You can use the appropriate channel depending on your bank account. Click here to know more about Zerodha Fund Transfer.
No, Zerodha doesn't offer trading account on minor's name.
No, Zerodha doesn't charge any fee if the instant fund transfer fails in-between for any reason.
Note that Equity delivery brokerage is Rs 0 with Zerodha. So you don't pay anything.
For intraday, the brokerage is changed for every 'successfully executed order'.
In the example you gave above, If both the transactions are part of 1 order then you pay only Rs 20. It doesn't matter in how many transactions order is completed in exchange.
If they are part of different orders placed, then separate brokerage of Rs 20 for each order is charged.
SMS facility is optional and charged at Rs 1 per SMS sent.
It doesn't matter as long as you have enough 'margin money' to trade.
For F&O trading you do not need demat account. But if you are planning to buy shares and hold them in your demat account, its recommended to open a new Demat account with Zerodha. It makes the transactions between your trading account and demat account very smooth. Note that Zerodha offers cheapest demat account too.
But you can always link you Sharekhan demat account with Zerodha trading account by providing the information at the time or account opening or at later point of time.
No, you don't have to keep any minimum balance in Zerodha Trading Account.
No, Zerodha doesn't offer to Investment in IPO's. But one can do the IPO Investment indirectly using his/her own demat account in any bank like ICICI, HDFC or Axis.
Webinars on youtube is unique feature offered by Zerodha.These webinars are provided from different experts and based on trading platforms from zerodha.
Zerodha is a discount stock broker offering trading services in Equity, Derivatives, Commodity and Currency segments at BSE, NSE & MCX to stock market investors in India.
Zerodha started its operations in 2010, offering deeply discounted brokerage service by leveraging the technology of online trading to keep the cost low. Zerodha disrupted the traditional online brokerage industry in just 3 years of its inception by making the discount brokerage model actually work. As of Nov 2016, Zerodha has market share of between 5% to 7% trades done at BSE & NSE.
While Zerodha is primarily focused on equity and commodity trading services, it also started offering add-on services like depository services (or demat account) and mutual funds.
Demat account is one of the key services offered by Zerodha. The service is part of its 2-in-1 account which offers customer an integrated trading account and a demat account for seamless transactions between them.
Zerodha is depository participant (DP) with Central Depository Services Limited (CDSL) depository.
Key features offered by Zerodha Demat Account include:
To open a new demat account with Zerodha, customer has to pay demat account opening fee. Most share brokers also charge Annual Maintenance Charges (AMC). AMC is yearly fee charged to the customer to maintain the demat account with the broker. Find the Zerodha Demat Account Opening Charges and Zerodha AMC as below:
Zerodha Depository Service Charges for Resident Retail Customers
Founded in Aug 2010, Zerodha is one of the fastest growing stock brokers in India. Zerodha offers low cost brokerage for trading in Equity, Equity F&O, Commodity and Currency F&O segments at BSE, NSE and MCX. Zerodha, the discount stock broker also offers depository services and mutual funds.
Zerodha is the most innovative stock broker of the current time. By investing huge amount of money in technology, Zerodha is trying to make trading and investing convenient, safe, fast and extremely cheap.
Zerodha has developed in-house trading platform, trading tools, back office, partner portals, discussion forums, technical analysis tools and api for integrating its trading platform to other application developers.
Zerodha is among very few brokers who took the challenge to build tools from scratch to cater the need of high frequency traders, algo traders, retail seasonal stock market investor and beginners.
Zerodha doesn’t charge any brokerage for equity & mutual fund investments. Zerodha charge flat ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â€šÂ¬Ã…Â¡Ãƒâ€šÃ‚Â¹20 per trade for intraday, F&O, currency, and commodity trades across NSE, BSE and MCX.
Facts about Zerodha (as of Nov 2016)
Kite is an intuitive, light weight and powerful trading application offered by Zerodha. Build in-house, Kite is the simplest trading app available in India stock market.
With full market watch, extensive charts with 100+ indicators and advance order type (bracket and cover order), Kite is loaded with features required by advance trader.
Key feature of Kite Platform:
Kite Android App is the Mobile Trading App designed as part of Kite trading platform. The Android App is very intuitive, powerful and fast. The app allows its online customers to trade on-the-go using smartphone.
Zerodha customer can trade in equity, derivatives, currency derivatives and commodity though this Zerodha mobile trading app.
The Kite Android App is available for free of charge to all its online customers.
The mobile app of Zerodha is available for android and iOS smart phone devices.
Zerodha app for Android phones is available at Android Play Store for download.
Zerodha app for iOS (Apple iPhone) is available at iTunes store for download.
Key feature of the app include:
Kite mobile trading app offers all features of Kite Web.
Zerodha supports iOS and Android Operating systems.
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Zerodha is Bangalore based discount stock broker. Zerodha offers online stock and commodity trading to retail customer. Since its inception in Aug 2010, Zerodha has grown significantly. As of Nov 2016, Zerodha has over 1.5 lakh customers and over 5% of daily trading volume at BSE and NSE
Commonly asked questions before opening account with Zerodha
To trade (in stock, commodity or currency) or to invest (in stocks, mutual funds) with Zerodha, customer has to open a trading account and a demat account. The demat account is not mandatory for customer planning to trade only in derivatives.
Zerodha offers 3 types of accounts:
Zerodha also offers 2-in-1 account (a combo of trading account and demat account) which offers smooth automatic transactions between these two accounts.
One customer account has access to all the segments but each segment has to enable separately at the time of account opening or at later point of time.
To open account with Zerodha, simply leave you contact information here. Zerodha representative will contact you in next few hours to takes you through steps to open an account.
Zerodha offers online account opening process where you can fill the information online, print it and courier it to them.
Zerodha takes 2 working days to open the account after they receive the signed account opening forms. Customer receive an email confirmation after the account is opened.
If you do not receive a welcome email after 2 days, please give a call you Zerodha support team and they can tell you the status of account opening.
Zerodha Account Opening Forms are available on its website. You could also fill the online account opening application, print it, sign it and courier to Zerodha's Bangalore office.
The Zerodha Trading and Demat account gets deactivated if you do not use them for 6 months. This dormant trading account can be activated by calling Zerodha.
If you are a Zerodha and not using the account anymore or moved to another broker, it is recommended to close the account to avoid paying AMC charges. It also reduces the chance of misusing the account by someone else.
Zerodha customer may close the accounts with Zerodha at any point of time. Easiest way to close the account with Zerodha is submit an application for Account Closure. The application form can be downloaded from Zerodha's website. Customer can fill the form, sign it and courier it to the Bangalore office.
Note that after the application for account closure is received, it may take up to 2 working days to close the account. Customer receive the email notification with the status updates on account closing procedure.
Note to clear all the balances before closing the account. Also note that Zerodha do not charge anything for account closure.
Customer pays account opening fee for trading account opening with Zerodha. The account opening fees are as below:
Information about Zerodha account opening, Zerodha open account, Zerodha opening charges, Zerodha account opening charges, Zerodha account opening status, Zerodha amc charges, Zerodha account charges and Zerodha account closure.
Incorporated in 2010, Zerodha is Bangalore India based financial service firm offering online brokerage services to retail customers in India. Zerodha is the discount stock broker offering ultra-low brokerage fee to customers for trading in Equity, Derivatives, Commodities and Currency at BSE, NSE and MCX exchanges.
Zerodha also provides add-on services including online depository services (demat account) and mutual funds.
Unlike traditional brokers Zerodha doesn’t offer many services including 3-in-1 account, IPO, tips, recommendations, research reports, fixed deposits, loans, margin funding, insurances, portfolio management services (PMS), investor advisory etc.
Zerodha is popular for flat Rs 20 per trade brokerage plan. This Zerodha pricing offer trades in any segment and at any exchange for exact same price of maximum Rs 20 per trade.
Zerodha offers trading via online, mobile, telephone or through its franchise offices.
Facts about Zerodha (as of Nov 2016):
Zerodha is an online stock broker offering trading services online through its in-house build trading platform and tools.
Zerodha offers up to 80% discount in brokerage in comparison to traditional brick and mortar brokers by offering online trading to customer who can trade by themselves with minimum help from the stock broker.
While Zerodha is primarily online broker, it has local presence in most cities and towns across India though sales offices, offline partners and online partners.
Zerodha has sales offices around large cities in India. The offices are relatively small in size with less than 10 employees. The primary function of these offices is sales. These offices do not provide customer service and trading desk.
Similar to sub-brokers in traditional terms, Zerodha have partners (registered Authorized Persons) who has offices across most cities in India. These partners does sales, marketing, local customer support and also provides trading desk (dealer terminal) to customers who are tagged to them.
Zerodha partner office also provide Call & Trade services.
Zerodha also have 100’s of online partners (registered Authorized Persons) whose primary role to bring customers to Zerodha. Similar to sub-broker model, the online marketing partners receive a share in revenue generated by the client referred by them.
Online partners do not offer customer service and also do not have trading desk.
To find Zerodha branch office in your neighborhood; visit ‘Contact Us’ section located under ‘Support’ section of the Zerodha website.
In Zerodha branch locator you can find Zerodha Branches by selecting state and city. Zerodha addressed are also available on the same page.
You can use the branch finder for:
Information about Zerodha broker, Zerodha branches, Zerodha sub broker, Zerodha support, Zerodha customer care, Zerodha user reviews, Zerodha user manual, Zerodha website, Zerodha review, Zerodha toll free number and Zerodha complaints.
Zerodha is a Bangalore based financial service provider offering online trading and investment services to retail and institutional customers in India. Zerodha launched its discount brokerage service on 15th Aug 2016.
Zerodha offers 2-in-1 (trading and demat) account combo with trading services at BSE, NSE and MCX. The segments offered by Zerodha for trading includes Equity, Equity F&O, Currency F&O and Commodities. Zerodha also offer Mutual Funds as an investment option.
Zerodha is popular of its Flat Fee Trading plan. It charges flat Rs 20 per trade for trades of any size, segment or exchange.
Zerodha doesn’t offer Initial Public Offers (IPO) though it’s online trading platform. Zerodha customers can not apply in an IPO through Zerodha.
If you are a Zerodha customer and do not have accounts with any other broker who offers online IPO, you have two options;
Zerodha is a discount broker, a business model which runs on a very low margin. To keep the cost low, Zerodha doesn’t offer many add-on services in comparison to traditional stock brokers who changes as high as 90% on brokerage.
Some of the key add-on services which Zerodha do not offer (or most discount brokers in the same category doesn’t offer) includes Initial Public Offer (IPO), Margin Funding, Corporate FDs, Stock Research and Recommendations, Portfolio Management Services (PMS) and Investor Advisory.Read Why discount brokers doesn't offer IPO, Bond, NCD and Mutual Funds?
Information about Zerodha Initial Public Offer, Zerodha IPO, Zerodha Allotment Status, Zerodha Applciation Status, Zerodha ASBA, Zerodha Apply IPO andZerodha Demat.