zerodha


India’s No.1 stock broker. 15+ lakhs customers

Are you still paying high brokerage?

Save 60%-80% Brokerage

Flat Rs.20 per order (any quantity) on NSE, BSE, MCX, MCX-SX

Zero brokerage on equity delivery


Open account by online buy aadhaar card within minutes

Open Account Now

Zerodha Account Opening Charges

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

Zerodha Brokerage Charges

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

Request for call back

Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective of the number of shares or their prices (Except equity delivery trades which are 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, the number of customers and growth. As of Jan 2019, Zerodha has 15+ lakh clients. Zerodha contributes to over 10% of daily retail trading volumes across NSE, BSE, MCX, MCX-SX. Recently it has taken a lead as the largest stock broking company in India based on the number of clients. Zerodha has over 1,000 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 back office software named 'Console'. 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 comparison to full-service brokers. Zerodha is among the most technologically advanced and cheapest stock broker in India for all kind of investors including people who trade just a few times in a month to day traders who execute 100's of trades each day.

Zerodha also has amazing educational initiatives like Varsity, Trading Q&A and Opentrade. These platforms are actively used by its customers to interact with Zerodha team.

Zerodha's Trading Platforms

A customer can trade with Zerodha in following ways:

  1. Kite 3.0 (Web-based Trading Platform)

    Launched in November 2015, Zerodha Kite Web is a web-based HTML 5 lightweight & fast trading platform which can be used for trading on mobile, tablets as well as on a web browser. Kite is developed in-house by Zerodha and since its launch has undergone various updates. Currently, Kite 3.0 web platform is offered by Zerodha. It offers full market watch, 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 3.0 is available for free to all its customers. Read Zerodha Kite Review

  2. Kite Android / Kite iOS (Mobile Trading App)

    A smartphone application for Android and iOS. This app allows customers to trade 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 streaming data from BSE, NSE and MCX, Kite Mobile App is the most advanced trading app available in India.

  3. Console (Reporting Dashboard)

    Console is the back-office platform of Zerodha. It's a trade and reporting dashboard wherein Zerodha customers can view and monitor all their investments- stocks, derivatives and mutual funds etc. They can also access various reports, get account statement, place withdrawal requests and download contract notes. The 'Console' also offers analytics tools such as tradebook and heatmap.

  4. Zerodha Sentinel (Price Alert Tools)

    Sentinel is a cloud-based tool which allows Zerodha customers to set up price alerts on stocks, futures and options. The unique feature of Sentinel is that unlike other similar price alert tools that are machine dependent and only trigger when the computer is on, here price alerts can be triggered for any time, even when the computer is off. Notifications are sent on Kite and e-mail every time a price alert is triggered. With Sentinel, a trader can set real-time price alerts on 80,000 stocks, derivatives and bonds etc., across exchanges.

  5. Coin (Mutual Fund Investment)

    Zerodha Coin is a Mutual Fund investment platform by Zerodha. Coin allows people to invest in Direct Mutual Funds. This means you could do commission-free direct MF investment. It offers savings of over 1.5% on commissions every year. Mutual Funds are deposited in Demat account linked with Zerodha trading account.

  6. Call & Trade

    Customers who are not online; can use Call & Trade service for an additional cost of Rs 20 per trader.

Partner Products From Zerodha

Zerodha not only gives its customers access to its proprietary trading platforms and tools but also to products developed by other companies using the Zerodha platform. The tools can be integrated with Zerodha's Kite platform. Trading platforms and tools offered by Zerodha partners are-

  • Smallcase -  It is one of its kind thematic investment platform that enables users to invest in a ready-made portfolio of stocks created around a theme/idea or a strategy. There are several choices in smallcases like Top 100 stocks, Electric Mobility, Insurance etc., for an investor to choose as per his investment strategy and invest in a single click.
  • Streak -  An end-to-end cloud-based platform for retail traders to create algorithms without coding, Backtest it on historical data and execute them live in the market. It offers other features like real-time information, alerts and manage positions.
  • Sensibull -  It is an options trading platform that suggests trading strategies to traders based on their market view. Traders can compare various strategies, evaluate their profitability, understand risks and then execute it from the platform. It also allows traders to create custom option trading strategies.
  • StockReports+ -  It offers comprehensive research and analysis on 3000+ stocks, markets, and industries. Offered by Thomson Reuters, the tool provides in-depth information and analysis of 1500 Indian companies and ratings for stocks and businesses.

For Zerodha Equity: Brokerage+taxes

Charge Type Equity Delivery Equity Intraday
Brokerage Rs 0 (No Brokerage) 0.01% or Rs 20/Trade whichever is lower
Securities Transaction Tax (STT) 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction / Turnover Charges NSE: 0.00325% | BSE: 0.003% per trade (each side) NSE: 0.00325% | BSE: 0.003% per trade (each side)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 10/Crore Rs 10/Crore
Stamp Charges* State wise State wise

For Zerodha Equity F&O: Brokerage+taxes

Charge Type Equity Delivery Equity Intraday
Brokerage 0.01% or Rs 20/Trade whichever is lower 0.01% or Rs 20/Trade whichever is lower
Securities Transaction Tax (STT) 0.01% on Sell Side 0.05% on Sell Side(on Premium)
Transaction / Turnover Charges NSE: 0.0019% | BSE 0.003% (each side) NSE 0.05% | BSE 0.003% (each side) (on premium)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 10/Crore Rs 10/Crore
Stamp Charges* State wise State wise

For Zerodha Currency F&O: Brokerage+taxes

Charge Type Currency Futures Currency Options
Brokerage 0.01% or Rs 20/Trade whichever is lower 0.01% or Rs 20/Trade whichever is lower
Securities Transaction Tax (STT) No STT No STT
Transaction / Turnover Charges NSE: 0.0009% | BSE: 0.00022% NSE: 0.04% | BSE: 0.001% (on premium)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 10/Crore Rs 10/Crore
Stamp Charges* State wise State wise

For Zerodha Commodities: Brokerage+taxes

Charge Type Commodity Futures Commodity Options
Brokerage 0.01% or Rs 20 per trade (whichever is lower) 0.01% or Rs 20 per trade (whichever is lower)
Securities Transaction Tax (STT) 0.01% on sell side (Non-Agri) 0.05% on sell side
Transaction / Turnover Charges Group A: Exchange txn charge: 0.0026%
Group B: Exchange txn charge:
Pepper - 0.00005%, Castorseed - 0.0005%, Rbdpmolein - 0.001%
Rs 0
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 10/Crore Rs 10/Crore
Stamp Charges* State wise State wise

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 NRI's * :  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 10 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.

Zerodha Demat Charges

ID Transaction Charges
1 Demat Account Opening Charges Rs 0
2 Stamp Charges payable upfront (at actuals) Rs 50
3 Annual Maintenance Charges (AMC):
a. Individuals Rs 300 Per Year + GST (Payable upfront every year)
b. Corporates Rs 1000 + GST (Payable upfront every year)
4 Transaction Charges per ISIN (Market Trades):
a. Buy (Receive) Rs 0
b. Sell(Debit) Rs 8 + Rs 5.50 flat for every debit transaction
5 Inter Depository Transfer (Off-Market Trades):
a. Buy (Receive) NIL
b. Sell(Debit) 0.03% or Rs 25 whichever is higher
6 Demat (Per certificate) Rs 150
7 Remat (Per ISIN) Rs 150 (Per certificate) + CDSL Charges
8 Courier charges per Demat/ Remat request Rs 100
9 Pledge per ISIN Rs 20 + Rs 12 per request (CDSL Charges)
10 Unpledge per ISIN Rs 20 + Rs 12 per request (CDSL Charges)
11 Pledge Invocation per ISIN Rs 20
12 Periodic Statement:
a. By Email Free
b. Physical Rs 50 (Couier Charges)
13 Adhoc / Non Periodic Statement Requests:
a. By Email Rs 10 per request
b. Physical Rs 50 per request upto 10 pages. Every additional page at Rs 5 (+Courier charges at actual)
14 Delivery Instructions:
a. First Delivery Instruction Book Free (10 leaves)
b. Every Additional Booklet Rs 100 (10 leaves)
15 Cheque Bounce/ Per cheque Rs 350
16 Failed Transactions Rs 50 per ISIN
17 Modification in CML Rs 25 per request
18 KRA Upload / Download Rs 50

Whats new at Zerodha?

  • March 2019 -  Zerodha become self-clearing broker with zero clearing charges to the customers.
  • Jan 2019 -  Zerodha become India's #1 stock broker both by the number of active clients and the trading turnover on the exchanges.
  • Jan 2018  -  Zerodha reached 7 Lakhs+ customers. 8% of daily retail trading volumes across NSE, BSE, MCX.
  • Dec 2017  -  Kite 3.0 is launched. It offers many new features.
  • Mar 2017  -  Launched 'Coin', a Direct Mutual Funds Investment platform.  

Zerodha Exposures

  1. Zerodha Exposure for Intraday Trading  -  Zerodha offers 5 to 20 times exposure or leverage for stocks on which F&O trading is allowed. For most other stocks; Zerodha gives 5 times exposure. Margins are given only for Intraday trading.
  2. Zerodha Exposure for trading in Futures -  Zerodha lets clients take MIS (Margin Intraday Squareoff) positions with following margin:
    • Equity & Index futures - 40% of NRML(Normal) margin (Order squared off at 3:20pm)
    • Commodity futures - 50% of NRML(Normal) margin
    • Currency futures - 50% of NRML(Normal) margin (Order squared off at 4.30pm)
  3. Zerodha Margin for Options  - Zerodha doesn't offer any margin for buying Options.

Short Selling

  1. Equity F&O Segment  -  Zerodha allow intraday and overnight short selling in F&O segment.
  2. Equity Cash Segment  -  Zerodha allows short selling only for Intraday, but not for overnight positions.

Zerodha's Membership Information

  1. Zerodha NSE Member ID:  

    • Capital Market (CM) - INB231390627
    • Future & Options (F&O) - INF011390623
    • Currency Derivatives (CDS) - INE231390627

  2. Zerodha BSE Member ID:  

    • Capital Market (CM) - INB011390623
    • Future & Options (F&O) - INF011390623

  3. CDSL: IN-DP-CDSL-00278209
  4. NSDL: IN-DP-NSDL-11496000

Testimonials

Smarttradingtips.com providing only intraday tips. Beauty is single target and single trade per day. I am very much comfortable with this strategy.
I am happy this people are sending intraday advisory with live price time stamp without any delay.
This intraday advisory company genuinely updating their performance reports without any manipulation. I am happy in this aspect.
I am happy because these people are not giving any fake commitments. I lost huge money with fake commitment by other advisory company.
I am trading in stock market since last 5 years; I have subscribed services from many intraday advisory companies. Conclusion is that almost all updating manipulated fake performance reports. This smarttradingtips.com people are updating actual results..
Good success rate in uncertain market conditions and paid service is very affordable. Good job. Keep it up guys.
Fake tips providers not updating performance report every day. This guys are updating performance report every day. That itself indicating their reliability.
I tested so many intraday advisory services but not happy. Finally I found this genuine advisory. If we follow these people advisory end of the month we will be in profits after deducting losses.
I fed up with fake tips providers. Finally I found genuine tips provider. I am happy.
If we religiously follow their tips that is more than enough. These guys are providing only one trade per day. No multiple trades. I am getting net profit on monthly basis.

Please trade with trading discipline. If we protect our capital with our good trading discipline profits automatically follow. Don't depend on luck.