Zerodha Review – Charges, Trading Platforms, Demat Account, Offers & more

Check out Zerodha Review here. Zerodha is making all the noise with its ever-evolutionary business model; Zerodha Charges for trading on their platform, which is highly advanced, and a lot more.

In this Zerodha Review, you will get an idea about the pros and cons of trading with Zerodha and why it is regarded as one of the best brokerage houses in the country.

Why Trade or Invest with Zerodha?

Here are some of the most viral reasons to trade or invest with Zerodha.

• The primary reason for opening Zerodha Account must be its reasonable charges. As you may know, Zerodha is a discount brokerage house that charges a flat fee in most scenarios. The maximum brokerage you have to pay is Rs.20 per trade. Isn’t that amazing?
• By trading or investing with Zerodha, you will be a part of 65 lakhs plus people’s network.
• Zerodha’s account opening charges and annual maintenance charges are very affordable.
• It offers one of India’s best trading platforms for all your devices to enjoy trading anytime from anywhere.
• This brokerage house is one of the pioneer in providing API to budding entrepreneurs, that let to the development of some amazing trading & investing tools.

Zerodha offers a standard plan for all when it comes to Zerodha Brokerage. This plan has no brokerage charges on equities’ delivery trades and no subscription charges.

For intraday trades and trading futures in any of the segments – equity/ currency or commodity, you have to pay the lower amount of Rs.20 or 0.03% of the transaction.

The brokerage charges are fixed at Rs.20 per trade for trading options in any of these three categories.

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How to Open Zerodha Demat Account?

For opening Zerodha Demat Account, you need not look further. Here is how you have to do it –

• Fill out the account opening form on your screen with your contact details like name, mobile no., email id and city.
• The executives of Zerodha will reach out to you in a while and guide you through the account opening process.
• You will need to provide certain documents such as a PAN card copy, AADHAAR, bank details, and other documents as required for verification purposes.
• Once the verification is done, they will open the account and share the login credentials with you over the email id you have used to register.

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This Zerodha Review is complete with reviewing the trading platforms, which are always the talk of the stock market.

Zerodha offers a trading platform for Android and iOS. It offers Kite, which is the leading trading platform that works on Android and iOS.

Apart from the trading terminal and mobile app, Zerodha also has a Web Trading Platform, which helps in trading directly from your browser.

Algo Trading Platform and Basket Trading Platform are some of the advanced trading tools that enhance your trading experience altogether to a new level.

Zerodha investors and traders do not have to limit themselves to direct investment; thus, Mutual Funds Investment Platform is offered.

With this platform, investors can invest directly in mutual funds without paying any commission. Similarly, there is a Bonds Investment Platform as well.

Check out the list of various trading platforms provided by Zerodha here.

Zerodha Kite App

Kite is the flagship product of Zerodha, their super-fast trading platform. It is available for your desktop/laptop and mobile as well.

It works on iOS as well as Android devices without any hassle. Kite offers –

• Ample advance charts and technical indicators for in-depth analysis of the securities.
• Excellent User-Interface, which helps in providing a seamless trading experience.
• Endless market data access, even up to level 3 data, is not offered by many of its peers. This assists traders and investors in picking the right securities for their investment portfolio.
• All-in-one platform for more than 90000 plus stocks and derivative products across different exchanges.
• More than 100 customizable tools charts and interactive charts, as well
• Multiple customization options – alerts and notifications
• Excellent risk management tools with different orders for mitigating the risk of your trades.

Zerodha Console

It is a one-of-a-kind trading platform that comes as a dashboard for Zerodha account holders. It helps in analyzing your trades and investments with

• Detailed reports of your investments which show insights into the trade
• There are graphs and other visualization methods for depicting your trading performance and earnings

Zerodha Coin

This trading platform of Zerodha offers mutual funds where you can invest directly and do not have to pay any commission. This platform offers –

• Investment opportunity in direct mutual funds where you can save the commission you would have paid otherwise, as there is no commission to invest in mutual funds with Coin.
• You can also invest in debt instruments such as government bonds, treasury bills, state development loans, and others on this platform.
• It also offers corporate bonds investments ad sovereign bond investments.

Zerodha Varsity

This Zerodha App is an online library for all the resources you need to learn about the stock market. Easy-to-read resources help you learn and gain market insights without hassle. Here you can –

• Get detailed market reports,
• Historical data on different stocks
• Video tutorials for stock market beginners
• Ample of resources on the stock market, from basic to advanced level information

Along with these, with the help of APIs, there are many tools built by zerodha partners like Sensibull, Smallcase, Streak. All these are quite famous in the Industry.

The Zerodha offers that are pretty lucrative and exciting are as follows –

• Free brokerage for a certain number of trades
• Flat brokerage plan, which is Rs. 20 per trade or 0.03% of the transaction value (whichever is lower)
• No brokerage on delivery trading in the equity segment
• Commission and Reward points for referring clients to Zerodha, if the referred person opens an account with the brokerage house and trades on its platform
• Margin funding facilities or pledging facilities

Zerodha SWOT Analysis

Here is the SWOT analysis of Zerodha. If you are willing to invest with Zerodha, then you must read this analysis.

Strength

• Zerodha is the largest brokerage house in the country at present by the number of active traders.
• The traders and investors on Zerodha’s platform have the edge over others due to the seamless technology in every trading platform they offer.
• The excellent user interface, interactive charts, and technical tools make the trading experience unparallel.
• It is one of the most popular discount brokerage houses charging affordable brokerage fees.
• More than 90000 stocks and derivative products to choose from for your investment portfolio

Weakness

• Zerodha doesn’t offer tailor-made brokerage plans for its customer to suit their specific investment preferences.
• There is no branch office of Zerodha, and things are mostly done online, so offline presence is very limited.
• The customer support service of Zerodha is not so efficient.

Opportunities

• Zerodha can start portfolio management services as well as PCG services
• It can expand its offline presence and invest in marketing to reach out to interior parts of the country.
• It can also invest in research and advisory facilities, which can help investors and traders a lot.

Threat

• The brokerage industry is highly competitive at present
• Limited innovation and technology improvisation in the past few years
• Poor client management and customer retention services

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Though Zerodha doesn’t offer extensive Research and advisory services, when you open a Zerodha Trading Account, you will get –

• Certain research resources from the broker, which include fundamental and technical reports of stock
• Weekly review of the market and companies and,
• Details about IPO that are going to open shortly.

For active users, a margin trading facility is crucial, and the Zerodha Margin trading facility offers –

• Exposure up to five times in intraday trading (depending on the stocks you are trading)
• 3 times exposure for equity and commodity derivatives segment (F&O)
• For the rest of the segments, you can trade as per your fund in the trading account only.

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You can reach out to Zerodha Customer Care for trading support. However, that is chargeable. So is the dedicated dealer support.

You can mail them to [email protected] or at 181-47181888 or 9513369973.

Zerodha is present all over social media, and you can reach out to them on Facebook, Twitter, LinkedIn, Telegram, and other social platforms.

To date, only 339 Zerodha Complaints have been lodged, out of which 307 have also been resolved. The ratio of resolved complaints is above 90%, which is close to industry standards.

Out of the remaining complaints, 20 complaints are non-actionable, which comprises 5.9% of the total complaints received to date.

Zerodha Charges

Now coming to the Zerodha Account Opening Charges, it is just Rs. 200 to a maximum of Rs. 300, and the annual maintenance fee is only Rs.300 per year.

This is one of the lowest you can find in the market at present.

Apart from brokerage charges, and account opening and maintenance charges, there are certain charges such as STT and CTT charges which are –

• 1% on equity delivery trades on both the buy and sell-side
• 025% on the sell side of equity intraday trade
• 0125% on the sell side of equity future trade
• 125% on equity option buy trade and 0.0625% on sell-side
• 01% on the sell side of commodity futures and 0.05% on commodity options (sell side)
• For the currency F&O segment, there are no STT or CTT charges

Stamp duty charges vary between 0.0001% and 0.015% depending on the segment you are trading or investing in.

Similarly, transaction charges also vary from 0.0005% to 0.05% depending on the segment and products.

The Zerodha hidden charges include SEBI turnover charges at Rs. 10 per crore of trade for all the segments, DP charges, GST, account closure, dematerialization, and reactivation charges.

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Zerodha Review – Conclusion

We hope this Zerodha Review helps you understand Zerodha as a brokerage house.

Finding the right brokerage house is crucial for your trading journey, and active traders, Zerodha, can be their best friends.

From flat fee brokerage charges to exceptional trading platforms, Zerodha is this generation’s brokerage, inspiring young people to invest and trade.

FAQs on Zerodha

Check out various FAQs related to Zerodha Review here.

Is Zerodha a Safe Broker?

Yes, Zerodha is registered with SEBI and is considered one of the secure brokerage houses. It offers high-level security for your transactions and information.

Is Zerodha Good for Beginners?

Zerodha can be great for active trades as well as beginners, as the brokerage charges are pretty low. Moreover, on Zerodha Varsity, you can learn about the stock market, which will help you when you are beginning.

How many active clients does Zerodha have?

Zerodha has more than 65 lakh active clients at present, and most of the clients are young Indians.

Who is the Founder of Zerodha?

Nitin Kamath is the founder of this discount brokerage house – Zerodha. It has its headquarters in Bangalore. It was established in 2010.

Does Zerodha provide Free Delivery Trading?

Yes, there are no brokerage charges for delivery trading in the equity segment. You can take delivery of your stocks without any brokerage charges.

What are Intraday Trading Charges in Zerodha?

The charges for intraday trading in Zerodha are the lower amount of Rs. 20 or 0.03% of the transaction.

What are Zerodha F&O Charges?

For Future and options trading, Zerodha charges Rs. 20 or 0.03% of the transaction ((the lower of the two) per trade.

Does Zerodha charge for Commodity Trading?

Yes, commodities have brokerage charges attached to them. For commodity futures, the charges are lower at Rs. 20 or 0.03% per trade. For commodity options, it is flat Rs. 20 per trade.

Does Zerodha charge for Currency Trading?

Current trading at Zerodha has one of the lowest brokerage charges. It is Rs. 20 or 0.03% for currency futures and fixed Rs. 20 for currency options.

Does Zerodha provide Research?

No, Zerodha doesn’t offer any research and advisory services. However, there are free fundamental, technical, and IPOI reports which can get from the trading platforms of Zerodha.

How to contact Zerodha Customer Care?

You can reach out to Zerodha customer care via email – at [email protected] or call on 080-47181888 or 9513369973.

You can also reach out via the trading platform customer chat support or trading support facility.

How much is AMC in Zerodha?

The annual maintenance charges (AMC) of Zerodha is Rs. 300. It is comparatively lower as per market standards.

What are Account Opening Fees in Zerodha?

The account opening charges of Zerodha varies between Rs. 200 and Rs. 300. You will get Demat and trading account when you open an account with Zerodha.

What are Pledge Creation Charges in Zerodha?

The pledge creation charges at Zerodha are Rs. 30 per request.

How much are Pledge Invocation Fees in Zerodha?

There are no charges for pledge invocation at present in Zerodha.

Does Zerodha levy any Interest on Margin Trade Funding?

Yes, the interest Zerodha charges on the margin trading facility is 0.05% daily.

What are DP Charges in Zerodha?

The DP charge in Zerodha at present is Rs. 13.5 per scrip on the sell side.

Does Zerodha levy any Account Closure Fees?

A nominal fee is charged when you close the account with Zerodha, which is Rs. 25 only.

What are Account Reactivation fees in Zerodha?

The reactivation charge for your account in Zerodha is Rs. 20 per account. Demat and trading accounts will be reactivated once you opt for the same.

What are Call & Trade Charges in Zerodha?

The call & trade charges in Zerodha is Rs. 50 per trade. You can call trading support and tell them which stock or other segments you can want to trade, and they will act as per your guidelines.