Zerodha Overview 2021 | Credit Help India

Zerodha Overview 2021

Zerodha is the well-known and biggest discount broker in India majorly known for lower brokerage charges. The person needs to pay a minimum brokerage of Rs. 20 per trade. The person can save huge money on brokerage charges if they trade high volumes regularly. There will be no brokerage charges on the stock delivery. 

 

Trading brokerage with Zerodha that charges Rs. 20 per trade

Zerodha is an associated member of BSE, NSC, MCX, and MCX-SX and allows you to trade in the following fields.

Stocks

Mutual Funds

Futures & Options

Govt. Securities

Sovereign Gold Bond

Pros & Cons

Pros 

Free Rs. 0 charges for stock delivery 

Minimum Rs. 20 brokerage charges on intraday trades

Advance trading platforms 

Cons

Sometimes servers get down during trading hours.

 

Zerodha Background – Know About the Company 

Zerodha was started on 15 August 2010 by Nithin Kamath and Nikhil Kamath. Zerodha was the first company to introduce the discount broking model in India.

You need to pay a minimum fixed brokerage of Rs 20 per trade for intraday and there will be no further brokerage on equity delivery. The discount broking model acts as the game changer and helped the retail to save money on the brokerage fee. Zerodha is the biggest stockbroker in India with a customer community of more than 5 million. More than 15% of daily retail volumes across Indian stock exchanges have been done through the Zerodha platforms. 

 

Zerodha Account Opening Charges 

Demat & trading account (Equity, F&O, and Currency) opening charges – Rs. 200

Demat & trading account (Equity, F&O, Currency, and Commodity) opening charges – Rs. 300

Annual maintenance charges – Rs. 300

 

Zerodha Brokerage Charges 

Zerodha offers trading services to buy and sell stocks, futures & options in equities, commodities, and currency segments. Below are the Zerodha brokerage charges listed:

 

Free equity delivery

All your equity delivery investments (NSE, BSE), absolutely free are ₹0 brokerages.

 

₹20 intraday equity and F&O trades

₹20 per executed order on intraday trades across equity, currency, and commodity trades across NSE, BSE, and MCX.

 

Zerodha Trading Platforms 

Kite 3.0

Kite Mobile

Sentinel

 

Zerodha Other offered Products

 

Coin

Zerodha Coin helps you to buy mutual funds online directly.

 

Coin Mobile

Coin mobile is a mobile application introduced by Zerodha and has all the features of Zerodha Coin for investing in mutual funds.

 

Kite Connect API

Kite Connect is a set of simple HTTP APIs.

 

Console

A Console is a complete trade and reporting dashboard for Kite connect users.

Online Process to open Zerodha Account

Step 1: Signup to Start Demat Account Opening

Step 2: Pay Demat & Trading Account Opening Fees

Step 3: E-Sign Application using Aadhaar

Step 4: Upload KYC Documents

 

Offline Process to open Zerodha Account

The person can open an account by offline method too, they can call on the below toll-free number and follow the process.

Line 1 – 080-47192020

Line 2 – 080-71175337

 

FAQs

Is Zerodha trustworthy?

Yes, Zerodha is a trustworthy stockbroker. It is registered with SEBI, CDSL, and BSE, NSE, MCX stock exchanges in India.

Is Zerodha good for beginners?

To suit beginner's requirements, Zerodha charges a lower of Rs 20 brokerage charges.

Is Zerodha good for trading?

Zerodha’s brokerage plan, margin, and advanced trading platforms make it an ideal stock broker for trading needs.

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