About Broker
Zerodha, a leading Indian discount stockbroker, offers online trading and investment solutions. Established in 2010 by Nithin Kamath and Nikhil Kamath, the platform has gained significant market presence. As of February 2024, Zerodha serves an active client base of 7,223,525.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures, and Options) through this broker.
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
Account Opening
Account Maintenance
Call Trade
Brokerage
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Margins
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Platforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Pros
Advantages and Strengths of this broker.
- ⮚Zerodha charges a nominal trading fee and offers free equity delivery.
- ⮚Users can estimate trading expenses with the fee calculator available on Zerodha's website.
- ⮚Opening an account with Zerodha does not require a minimum balance.
- ⮚Deposit and withdrawal procedures are seamless and free of cost.
- ⮚No deposit fee is needed for the platform, and users can effortlessly add funds via UPI.
Cons
Disadvantages of this broker that it needs to improve upon.
- ⮚NRIs, HUFs, and businesses can only open a demat account via the offline method.
- ⮚Customer support responses might take time, and occasional software issues may arise.
- ⮚Each type of investment has its own platform, such as Kite for stocks, Coin for mutual funds, and Golden Pi for bonds.
- ⮚The offline process is lengthy and tedious, even for individual accounts, due to the limited number of physical branches.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.