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.