There are DP charges for delivery based equity selling- Rs. The Instant Payment Getaway is applicable for over 21 banks and will be Rs.9 per transfer. 20 for every crore of the transaction.Ĭall and trade feature from Zerodha will come in at a cost of Rs. The service tax charge for all transactions will remain the standard 14% of the total amount. The transaction charge is very small and falls somewhere between 0.00325% for Deliveries, 0.0021% for Futures and 0.053% for Options. There will also be the normal Stamp Duty charge for all the states of India and this changes as per the state in which the transaction takes place.
It will be charged on both sides for Equity trades. The STT is a charge that is only for the sell side in intraday and F&O transactions as well. There are some other charges that will be applicable for the investors and customers of Zerodha as well. Zerodha also offers a live Brokerage calculator that will allow traders and investors to compute the rates of brokerage applicable to their investments and transactions. For the equity options, the same rates will apply but in this case, the brokerage will be dependent on the turnover as well. This has been the rule set out by Zeodha since December 2015.įor Equity Intraday trades, the applicable rates will be Rs. The following is brokerage structure for Zerodha.Įquity Delivery Based trades will have no brokerage charges for them. Zerodha Brokerage Charges and Fees Brokerage Charge & Fees This has also boosted its popularity as a discount broking house in India. The Associate Program also enables the investors to refer more customers through their personal contacts. The company typically keeps on boasting about their disruptive pricing and in-house developed technologically sound solutions to India centric stock trading.Īs a matter of fact, they are recognized as the largest stock broker in India in regards with their active clients and also in terms of the firm’s total contribution in terms of trading volume on the top most Indian stock exchanges that is 10 % of the overall Indian retail trade volume.įurthermore, the company has been recognized for the ‘Retail brokerage of the year 2018’ award by the National Stock Exchange, ‘Retail broker of the year 2017’ award by Outlook Money and ‘Young Entrepreneur of the year (Startup) 2017’ award by Ernst & Young. The firm quickly escalated their reputation to the ninth cloud and became a fan favorite in less than a decades time due to it’s unconventional approach to serve the registered retail clients (traders) across the major equity and derivative based Indian trading industry with easy to use and home developed trading platforms. It is now dedicated to provide more up-to-date and timely knowledge as well as hi-tech tools and platforms as well as constant customer support at competitive prices. More about ZerodhaĪs a broking house, Zerodha has consistently upheld its vision to assist retail traders and investors. As its name, mixing the English word ‘Zero and the Sanksrit ‘Rodha’ (Barrier), would suggest, Zerodha had the vision to break possible barriers that various traders, investors and various other aspiring money-makers face in the country’s economic scenario. The broking house officially began its operations on 15th August 2010. It was founded by Nithin Kamath who had worked as a stock trader before starting his own broking house.Īpart from bringing a competitive pricing model that made it the first of its kind, Zerodha is also acknowledged as a pioneer in technology for trading in India. Started in 2010, Zerodha is officially recognized as India’s first and most prominent discount broker. Nithin Kamath, Nikhil Kamath, Dr.Kailash Nadh
Zerodha Customer Ratings & Review Customer Ratings Our article today has been drafted so as to shed some light on the firm as a whole including the products they distribute, the services they offer, the brokerage they charge, other relevant charges they impose and of course the effectivity of all their trading platforms they have to offer to their respective registered clients. Zerodha, is amongst one of the newest members of the Indian equity and derivative trade economy who have pioneered in the art of interweaving technology with conventional financial services thereby giving a superb boost to the conventional equity and derivative based trading industry in India. Here is a comprehensive review of this discount broker, as well as its products, offerings and services. The discount broker is active since 2010. Zerodha is India’s Largest stock broker in terms of total active clients base.
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