Zerodha Stock trading, Demat, Brokerage and Reviews 2018

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

Do you trade with Zerodha?

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

Zerodha's Trading Platforms

A customer can trade with Zerodha in following ways:

  1. Kite web - (Zerodha Kite Review) Launched in November 2015, Zerodha 'Kite Web' is a web based HTML 5 light weight & fast trading platform which can be used for trading on mobile, tablets as well as browsers. Kite is developed inhouse by Zerodha and currently in its 3.0 version. It offers full marketwatch, extensive charting with over 100 indicators and 6 chart types, advanced order types like Brackets and cover, millisecond order placements, and much more for trading at BSE, NSE and MCX. Kite Web is available for free to all its customers.
  2. Kite Android / Kite iOS Mobile Trading App - A smart phone application for Android and iOS. This app allows customers to trader from their mobile phones. Kite Mobile app is available for free all its customer for trading & monitoring stocks and commodity markets in India. With live straming data from BSE, NSE and MCX, Kite Mobile App is the most advance trading app available in India.
  3. Zerodha Coin (Mutual Fund Investment) - Coin is a 'Direct Mutual Fund' inestment platform by Zerodha. Zerodha customers can do commission-free direct MF investment through coin which saves over 1.5% every year. Mutual Funds are deposited in Demat acccount linked with Zerodha trading account. A flat Rs 50 per month fee is charged from customer to use this platform.
  4. Zerodha Pi - Launched in July 2015, PI is zerodha's Installable trading application featuring advanced charting, Algos, strategies, & backtesting. It's available for free to all zerodha's clients. Customer can trade across segments at BSE, NSE and MCX using this application. Pi has 80+ Technical Indicators for Technical Analysis and 10 types of charts such as Candle, Bar, Heikin-Ashi, etc.

    It have inbuilt strategies and quick order entry screen so you can creat your own strategies, back test them and trade directly from chart.

  5. Zerodha Trader [Installable Application] - An installable application powered by 'Omnesys NEST Trader' can be downloaded and installed on your computer. This is a fully functional trading terminal allowing fast execution of orders with real time monitoring. This easy to use trading terminal is available to all its customer for free.
  6. Call & Trade - Customers who are not online; can use Call & Trade service for an additional cost of Rs 20 per trader.

Find info about Zerodha platform, Zerodha trading platform, Zerodha trading software, Zerodha trading demo, Zerodha Demo, Zerodha download, Zerodha software download, Zerodha software, Zerodha stop loss, Zerodha trading and Zerodha trading account.

Zerodha Brokerage Charges 2018

  • Trading Account Opening Charges (One Time): Rs 300
  • Demat account Opening Charges (One Time): Rs 100
  • Trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Annual Maintenance Charges (AMC): Rs 300 per year (payable upfront)

Trading Brokerages

  • Equity Delivery Trading Brokerage: Rs 0 (Free Unlimited Equity Delivery Trades)
  • Equity Intraday Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower
  • Equity Future Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower
  • Equity Options Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower (on Turnover)
  • Currency Futures Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower
  • Currency Options Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower
  • Commodity Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower

Zerodha Charge / Fee Structure:

  • Securities Transaction Tax (STT): This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Stamp Duty for all states in India and NRIs: *: Charged based on the state where customer lives. Visit Zerodha website to check the stamp duty in your state.
  • Goods and Services Tax (GST): This is charged at 18% of the total cost of brokerage plus transaction charges.
  • SEBI Charges: This is charged at Rs 15 per Crore.

Other Charges (Zerodha Hidden Fees):

  1. Call and Trade feature is available at an extra cost of Rs 20/- per call.
  2. Additional charge of Rs 20 per executed order for MIS/BO/CO positions which are not square off by the customer.
  3. Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at additional charge of Rs 20/- per contract. Courier charges are extra.
  4. Trade SMS alerts (optional) are charged at Rs 1 for Equity, F&O, and Currency trade alerts and Rs 0.50 for Commodity trade alerts.
  5. Instant payment gateway charges for over 22 banks - Rs 9 per fund transfer.
  6. DP charges for delivery based equity selling - Rs 8 per transaction.
  7. Standard NSE charges, transaction charges and statutory levies are charged.

How to open account with Zerodha?

For online trading with Zerodha, investor has to open an account. Following are the ways to open an account with Zerodha

Zerodha Pros and Cons

Zerodha Advantages

  • Zerodha offers best in the industry trading platforms & tools. All trading softwares are build in-house and available for free to all its customers.
  • Zerodha offer equity delivery trades for free. This mean you don't pay any brokerage when you buy shares using cash-and-carry (CNC). CNC are delivery trade with no leverage. Once bought, shares get delivered to your demat account and if sold, shares will get debited from your demat account.
  • Zerodha is among the cheapest share broker in India. They offer services under a simple pricing model. They charge 0.01% or Rs 20 per executed order, whichever is lower, regardless of the trade size. Maximum brokerage paid by customer is Rs 20 per trade.
  • Zerodha do not charge any hidden fees i.e. Software uses charges.
  • No minimum balance required to open a Zerodha trading account.
  • There is no minimum brokerage with Zerodha. This is helpful with small trades where 0.01% brokerage [one side] is applied. Brokers like ICICIDirect charge minimum brokerage of Rs 35 if your calculated brokerage is less than that.
  • Zerodha is simply pay as you go brokerage firm. There are no prepaid brokerage plans available.
  • algoZ; a tool on Zerodha Trader allows you to code technical analysis strategies. This algorithm trading tool is available for free to all the customers.
  • Zerodha Referral Program is available for all customers. You can make 10% of the brokerage paid by people you refer or Rs 2 on every trade executed by your referral. This further reduces the brokerage you pay to Zerodha.
  • Zerodha offers 'Bracket Orders' with an option of 'Trailing Stop loss' for both Equity and F&O. Zerodha is the first broker to offer this to retail investors in India.
  • Zerodha offers Collateral Margin or 'Margin Against Share' for trading in Equity and Currency F&O segment. Over 1000 approved securities (Stocks & ETFs) are available to get collateral margin.
  • Zerodha Branches or franchise offices are located in all major cities including Bangalore (Karnataka), Hyderabad (Andhra Pradesh), Pune (Maharashtra), Ahmadabad (Gujarat), Chennai (Tamil Nadu), Vijayawada (Andhra Pradesh), Hubli (Karnataka), Salem (Tamil Nadu), Coimbatore (Tamil Nadu), Kanyakumari (Tamil Nadu) and Kochi (Kerala).
  • Online 'Direct Mutual Funds' investment is available at just Rs 50 per month flat fee.
  • Zerodha Number of Customers: Above 7 lakhs (as of Jan 2018).
  • Zerodha has 8% of daily retail trading volumes across NSE, BSE, MCX.

Zerodha Disadvantages

  • 3-in-1 trading account is not available as Zerodha doesn't provide banking. Any online bank can be linked to Zerodha trading account.
  • Online IPO Investment is not available with Zerodha.
  • Call & Trade is not free. It is available at additional Rs 20 per executed order.
  • Additional charge of Rs 20 per executed order for MIS/BO/CO positions which are not square off by the customer.
  • Unlike most 3-in-1 accounts provider, Zerodha Back Office is not integrated with its trading platform. It's a separate website and most data in the back office gets updated overnight.
  • GTC/GTD orders not available in Eq segment. Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are only available for commodity trading.
  • Margin funding is not available. It allows you trade only when you have enough money in your trading account.
  • Margin Against Shares is not available in equity cash segment.
  • Trading software is not available for Mac and Linux operating systems.

Zerodha Complaints received at BSE / NSE:

Number of customer complained against Zerodha share broker. The Zerodha consumer complaints provide the summary of grievance which went to exchange for resolution.

Useful links about ZERODHA

  1. Contact ZERODHA For Trading & Demat Account

Enquiry Form

Zerodha Brokerage Charges, Fees, AMC, transaction Charges 2018

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.

Zerodha Account Opening Fee / Annual Maintenance Charges (AMC)

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.

Zerodha Brokerage Charges 2018

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.

Zerodha Demat Account Charges 2018

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

Zerodha Transaction Charges / Turnover Charge

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges.

Zerodha 60 Day Challange

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 Broker FAQs 2018

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,

Frequently Asked Questions about Zerodha Trading / Demat Accounts

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.

  1. Which type of stockbroker Zerodha is?

    Discount Broker

  2. In which stock or commodity exchanges in India I can trade through Zerodha?

    Zerodha offers trading at - NSE, BSE, MCX and NCDEX.

  3. How much does Zerodha charges for account opening?

    Zerodha charges ₹300 to open trading account.

  4. Is there an Annual Maintenance Charge for Zerodha trading account? How much is the Zerodha's AMC for trading account?

    ₹0 (Free)

  5. How much does Zerodha charges for Demat Account opening?

    ₹100

  6. How much is the yearly Demat Account Maintenance Charges with Zerodha?

    ₹300

  7. Need Help? Ask your question...
  8. Is Demat Account Mandatory with trading account at Zerodha?

    No, Demat Account is not mandatory when opening trading account with Zerodha.

  9. What are the Zerodha's brokerage charges for Equity Delivery Trading?

    ₹0 (Free)

  10. How much does Zerodha charge for Equity Intraday Trading (Day Trading of Shares)?

    ₹20 per executed order

  11. What are the Zerodha's equity futures brokerage charges?

    ₹20 per executed order

  12. How much does Zerodha charges for Equity Options Trading in India?

    ₹20 per executed order

  13. What are Zerodha's Commodity Brokerage Charges?

    ₹20 per executed order

  14. What are Zerodha Currency Derivatives (Future) Brokerage Charges?

    ₹20 per executed order

  15. Zerodha Currency Derivatives (Options) Brokerage Charges?

    ₹20 per executed order

  16. How much is the Minimum Brokerage charged by Zerodha?

    ₹0

  17. What are Zerodha's transaction charges for Equity Delivery Trading?

    NSE ₹325 per crore | BSE ₹1 per trade (each side)

  18. What are 's transaction charges for Equity Intraday Trading (stock day trading)?

    NSE ₹325 per crore | BSE ₹1 per trade (each side)

  19. What are the Equity Futures Transaction Charges at Zerodha?

    NSE ₹210 per crore | BSE ₹1 per trade (each side)

  20. Zerodha transaction charges for Equity Options Trading?

    NSE ₹5300 per crore | BSE ₹1 per trade (each side)

  21. Zerodha transaction charges for futures (Currency Derivatives Trading)?

    NSE ₹135 per crore (0.00135%)

  22. Zerodha transaction charges for options (Currency Derivatives Trading)?

    NSE ₹4400 (on premium) per crore (0.044%)

  23. How much is the transaction charge for commodity trading at Zerodha ?

    Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore

  24. Does Zerodha offer Equity (Share) Trading?

    Yes; you can trade in equity segment with Zerodha.

  25. Can I buy / apply for an IPO through Zerodha?

    No; you can't apply in IPO's if you have trading account with Zerodha.

  26. Does Zerodha offer investing in Mutual Funds?

    Yes; you can buy / sell Mutual Fund's if you have trading account with Zerodha.

  27. Can I buy or trade Bonds and NCD's with Zerodha?

    No; you cannot trade in bonds and NCD's with Zerodha.

  28. Does Zerodha offer Commodity Trading?

    Yes; you can trade in commodity segment with Zerodha.

  29. Does Zerodha offer Currency Derivative Trading?

    Yes; you can trade in currency derivative segment with Zerodha.

  30. Does Zerodha stock broking company provide mobile trading application? Can I trade through mobile phones with Zerodha?

    Yes; cell phone apps are available to trade on phone with Zerodha.

  31. Can I open 3-in-1 account with Zerodha? Account which include share trading account, demat account and a linked bank account for seamless transitions.

    No; 3 in 1 accounts is not available with Zerodha.

  32. Does Zerodha offer automated trading (algorithmic trading) for retail investors in India?

    Yes; Zerodha offer automated trading to its retail trading customers.

  33. Does Zerodha offer After Trading Hours Order or After Market Order (AMO) or Off Market Orders? Can I place orders after trading hours; the orders which gets executed when market opens next time? Can I place an order when the market is closed?

    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.

  34. Can I place Good Till Cancelled (GTC) orders though Zerodha? With Good Till Cancelled trading orders; order remains in the system until you cancels it or they gets executed.

    No; you can't place GTC Orders with Zerodha.

  35. Does Zerodha offer Margin Funding for share / commodity trading?

    No; Margin funding is not available when trading with Zerodha.

  36. Does Zerodha back-office provide combined ledger for Equity and Commodity?

    No; combined ledger for Equity and Commodity is not available when trading with Zerodha.

  37. Zerodha uses which trading platform or trading software?

    Kite Web, Kite Android/iOS, Pi, Coin

  38. What is the Intraday Square-off Time for Intraday Trading in Equity segment at Zerodha?

    3:10 PM

  39. Does Zerodha offer 24x7 customer service?

    No; Zerodha doesn't provide 24x7 customer service.

  40. Does Zerodha provide customer support though online Chat on website?

    No; Zerodha doesn't provide customer service through Chat service online.

  41. Does Zerodha has a toll free phone number for customer support?

    No; Zerodha doesn't provide toll free number for customer support.

  42. Does Zerodha offer customer service through local branch offices?

    No; Zerodha doesn't offers customer service through local branch offices, local partners or franchises.

  43. Does Zerodha publish Daily Market Research Reports?

    No

  44. Does Zerodha provide any Stock/Commodity trading tips or investment strategies to its customers?

    No; Zerodha doesn't provide free tips for stock and commodity trading to its customers.

  45. What does word Zerodha mean?

    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.

  46. How long Zerodha is in broker business?

    Zerodha started its brokerage business on 15th August 2010.

  47. Does a discount broker like Zerodha can really make a profitable business by offering trades at Rs 20?

    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:

    • Discount broker like Zerodha focuses on core brokerage business.
    • They keep their operation cost really low by not offering services like research, margin funding, local branches etc.
    • They invest heavily in technology and encourage online trading through mobile, web or installable trading terminal. Zerodha focuses on online traders and do so by being mostly online and with centralized operations in Bangalore.
    • Reduced brokerage allows traders to trade frequent which intern increase the volume. Stock exchanges offer incentives to the brokers for high volumes as it increases liquidity in the markets.
    • Almost none investment in advertizing saves big amount for Zerodha. Their customer referral model works well for slow and steady growth of the company. The customer referral program enables its customers to refer friends and earn 10% of brokerage paid by their referred friend.
    • Zerodha has other indirect source of earning. Some of this includes bank interest on the money customers keep with them, demat account charges, call & trade charges, spart of transaction fee they charge etc.
  48. How to open account with Zerodha?

    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.

  49. Can Zeordha arrange someone to visit me to pick up the forms?

    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.

  50. How long does it take to open an account with Zerodha?

    Once Zerodha receives the form; the equity trading and commodity trading accounts are opened within 48 hours.

  51. Brokerage of Rs 20 or 0.01% whichever is lower, what does this mean?
    • Intraday Trading - you actually pay 0.01% and on top of it; the maximum brokerage you pay is just Rs 20 per executed order.

      Example:

      • If you buy 100 shares of Rs 10 each share; you brokerage is 0.01% of Rs 1000; which is Rs 1.
      • If you sell 100 shares of Rs 3000 each share; your brokerage is Rs 20.
    • Delivery Trading - you pay Rs 0 brokerage. Yes its totally free with absolutely no hidden fee.

      Example:

      • Buy 100 shares of Rs 10 per share for delivery; the brokerage you pay is Rs 0.
      • Sell 100 shares of Rs 3000 per share for delivery; the brokerage you are charged is Rs 0.

    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.

  52. What is an executed order?

    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.

  53. I place an order to buy 10 lots, what if it gets traded 5 times 2 lots per trade?

    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.

  54. What are call & trade charges?

    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.

  55. What are the various platforms Zerodha provide?

    Following is the list of trading platforms Zerodha provides to trader:

    • Zerodha Trader (Installable Trading Terminal for Windows)
    • Zerodha Trader Website
    • Zerodha Trader Mobile App for Android and Blackberry
  56. DoesZerodha provide technical charting?

    Yes Zerodha provide advance technical charts on its free trading terminal. Basic charting is provided on trading website.

  57. What is the internet band width requirement for Zerodha Trading Terminal?

    Zerodha Trader, the trading terminal provided by Zerodha requires minimum 512 Kbps internet connection for optimized performance.

  58. Does customer get leverage for intraday trading?

    If you use the product type as MIS, you get leverage for intraday trading.

  59. How much leverage does Zerodha provide for Intraday Equity 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'.

  60. What is algoZ?

    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.

  61. How to transfer fund in Zerodha trading account?

    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.

  62. Can I open a trading account on my minor son/daughter's name?

    No, Zerodha doesn't offer trading account on minor's name.

  63. Are there any charges if online fund transfer fails due to reason like internet disconnect?

    No, Zerodha doesn't charge any fee if the instant fund transfer fails in-between for any reason.

  64. If I purchase 50 shares of Glenmark @ 800 & other 50 shares @ 790 then brokerage will be charged at (20+20) or only 20 rupees, as single script is traded but different orders are placed?

    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.

  65. SMS charges for daily transactions will be Re 1 per message or Re 1 per day for messages sent?

    SMS facility is optional and charged at Rs 1 per SMS sent.

  66. I don't have much income, can I choose to trade in Nifty Options. I have IT Return, bank statements etc.?

    It doesn't matter as long as you have enough 'margin money' to trade.

  67. I already have a demat a/c with Sharekhan. kindly tell the procedure to link trading a/c with it?

    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.

  68. Do I need to maintain any minimum balance in Zerodha Trading Account?

    No, you don't have to keep any minimum balance in Zerodha Trading Account.

  69. Is IPO Investment can be possible with Zerodha?

    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.

  70. What is Zerodha's webinars on youtube?

    Webinars on youtube is unique feature offered by Zerodha.These webinars are provided from different experts and based on trading platforms from zerodha.

Zerodha Demat Account Charges / Review / Opening

About 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:

  • Easy online access to shares, mutual funds etc.
  • 2-in-1 account offers seamless transaction between trading and demat account.
  • Dividends credited automatically in linked bank account.
  • Low debit transaction charges for stock and mutual funds.

Zerodha DP Debit Transaction Charges

  • Zerodha charges Rs 13.5 per scrip (irrespective of quantity) debited from demat account when stocks are sold.
  • For Mutual Funds, Zerodha charges Rs 5.5 per MF (irrespective of quantity) debited from demat on redemption.

Zerodha Demat Acct Opening Fee

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 DP Account Opening Fee: ₹100
  • Zerodha DP Account AMC: ₹300
  • Share Debit Transaction Fee:
  • Is demat account mandatory?: No

Zerodha Demat Account Transaction Charges

Zerodha Depository Service Charges for Resident Retail Customers

Zerodha Mobile Trading App Review

About Zerodha

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 ₹20 per trade for intraday, F&O, currency, and commodity trades across NSE, BSE and MCX.

Facts about Zerodha (as of Nov 2016)

  • Number of customers: 1.5+ Lakhs
  • Number of branches: franchisees: 100+
  • Located in number of Cities: 70
  • Depository Participant of: CDSL
  • Member of stock exchanges: BSE, NSE, MCX
  • Trading market share at BSE and NSE: over 5% of retail trading

Kite, Zerodha’s home grown trading platform

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:

  • Multilingual Trading – Kite is available in 11 reginal languages
  • Kite web has responsive design which makes it work nicely on mobile web browser.
  • Fund transfer and withdrawal in single click.
  • Product types offered
    • CNC (Cash & Carry) – Delivery based equity trades
    • MIS (Margin Intraday Squareoff) - Intraday trades in equity and F&O
    • NRML (Normal F&O trades) - Intraday/overnight F&O trades without additional leverage
    • Bracket orders - Intraday limit orders (NSE, NSE F&O) with a target and stoploss and an optional trailing SL all placed simultaneously.
    • Cover orders - Intraday market orders (NSE, NSE F&O, Currency, and MCX) with a predetermined stoploss order.
    • AMO (After market orders) - orders for the next trading day the previous day itself.
  • Order types offered
    • Limit (LMT) order - buy or sell order at a predetermined price
    • Market (MKT) order - buy or sell order at the best available price
    • Stoploss or trigger (SL and SL-M) order - Stoploss if placing a predetermined loss booking order at a trigger price.

Kite Android (Zerodha’s Mobile Trading Software)

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.

Zerodha Mobile Trading App - Supported Platform / Devices

The mobile app of Zerodha is available for android and iOS smart phone devices.

  1. Zerodha App for Android Phone

    Zerodha app for Android phones is available at Android Play Store for download.

  2. Zerodha Trading App for iPhone

    Zerodha app for iOS (Apple iPhone) is available at iTunes store for download.

10 Features of Zerodha’s Kite Mobile App

Key feature of the app include:

  1. Online Trading on Mobile Phones, Tablets and iPAD
    1. Equity Cash Trading (Delivery)
    2. Equity Derivatives Trading (F&O)
    3. Currency Derivatives Trading (F&O)
    4. Commodity Derivatives
  2. Advance orders available - Bracket, Cover, and AMO orders.
  3. Market watch with streaming quotes
  4. 5 Market watch list with 20 scripts in each one of them.
  5. Years of charts with 100+ indicator
  6. Live market depth (5 bids & offers)
  7. Online fund transfer and withdrawal for Equity & Commodity account
  8. View available account balance, used margin, exposure margin
  9. Manage portfolio by holdings & positions in separate tabs
  10. Notification

Kite mobile trading app offers all features of Kite Web.

Zerodha Mobile Trading FAQ

  1. What all operating systems are supported by Zerodha trading app for mobile?

    Zerodha supports iOS and Android Operating systems.

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Zerodha Account Opening

About Zerodha

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

Facts about Zerodha (as of Nov 2016)

  • When was Zerodha started?15 Aug 2010
  • How many customers does Zerodha have? Over 1.5 Lakhs
  • How many employees does Zerodha have? 500+

Commonly asked questions before opening account with Zerodha

  • Is Zerodha safe? Yes as safe as any other broker. But they do proprietary trading which makes more risky than other discount brokers like ProStocks.
  • Does Zerodha offer commodity trading? Yes
  • How much brokerage does Zerodha charge? Rs 20 per trade flat
  • Do I have to keep minimum balance in my account? No
  • Is there a fixed monthly change? No
  • Do I have to pay for software uses? No, all trading software and tools are free.
  • How much is the demat transaction changes? Rs 13.5 per script per day on sale transaction.
  • Does Zerodha has branches? Zerodha is an online broker with very few offices.
  • How Zerodha charge so less brokerage? They use latest technology and keeping the cost low.
Find 20 reasons why you should open an account with Zerodha.

Zerodha Account Opening

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:

  • Trading account for equity and currency derivatives.
  • Demat account to take delivery of stocks.
  • Commodity account to trade commodity futures on MCX.

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.

How to open an account with Zerodha?

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 Account Opening Status

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 Form

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.

Zerodha Account Closure

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.

Zerodha Account Opening Charges

Customer pays account opening fee for trading account opening with Zerodha. The account opening fees are as below:

  • Zerodha Account Opening Charges (Trading Acct): ₹300
  • Zerodha AMC Charges (Trading Acct): ₹0 (Free)
  • Zerodha Account Opening Charges (Demat Acct): ₹100
  • Zerodha AMC Charges (Demat Acct): ₹300

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.

Zerodha Branches

About Zerodha

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):

  • Number of Zerodha Customer: 1.5 Lakhs
  • Number of Employees: 500+
  • Number Online & Offline Partners: 1500+
  • Number of Zerodha Branch Office: 22
  • Number of Partner Offices: 70
  • Number of cities where Zerodha has presence: 70+

Zerodha, The Online Broker

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.

Zerodha Branches

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.

  1. Zerodha Sales Offices

    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.

  2. Zerodha Partner Offices (Franchise)

    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.

  3. Zerodha Online Marketing Partner

    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.

Zerodha Branches / Branch Locator / Franchisee

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:

  • Zerodha office in Delhi
  • Zerodha office in Mumbai
  • Zerodha office address
  • Zerodha branches in Kerla
  • Zerodha branches in delhi
  • Zerodha branch in Pune
  • Zerodha office in Bangalore
  • Zerodha branches in Hyderabad, Andhra Pradesh
  • Zerodha Mumbai, Maharashtra
  • Zerodha branches in Thane

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.

About Zerodha

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.

IPO through Zerodha

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;

  1. Open an account with a traditional broker (i.e. ICICI Direct, Sharekhan) offering online IPO. Once shares are allocate you though IPO, you could transfer them offline to Zerodha linked demat account to sell though Zerodha.
  2. Download the IPO application form (pdf) from BSE or NSE website, fill them and submit them to the authorized bank branches listed in the application.

Why Zerodha doesn’t offer IPO?  

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.