The company started operations in the year 2010 and has a very simple brokerage structure which is more client friendly.
Features :
- Brokerage of 0.01% or Rs.20/- whichever is less for each executed order irrespective of order size.
- Brokerage fees is calculated per order not per trade size.
- Zerodha is the cheapest broker in India.
- Zerodha provides two types of trading platforms :
- Downloadable application (Omnesys NEST trader) for trading is provided free.
- Web-based Trading platform which runs in browser not requiring downloads.
- No minimum deposit required.
- Online secure channel available for pay-in and pay-outs.
Trade Type | Zerodha Price | Brokerage by Others | You Save | |
1 Eg. | Intraday Cash Buy and Sell 100 Shares of Reliance (@Rs.1000) | Rs. 20/trade Rs. 40 (Rs. 20 Buy & Rs. 20 Sell) | 0.03% - 0.05% Rs. 300 - Rs.500 | 80% - 90% |
2 Eg. | Delivery Cash Buy and Sell 200 shares of Reliance (@Rs.1000) | Rs. 20/trade Rs. 40 (Rs. 20 Buy & Rs. 20 Sell) | 0.3% - 0.6% Rs.1200 - Rs.2400 | 95% |
3 Eg. | Futures Buy and Sell 10 lots of Nifty Futures (@Rs.5000) | Rs. 20/trade Rs. 40 (Rs. 20 Buy & Rs. 20 Sell) | 0.03% - 0.05% Rs.1500 - Rs.2500 | 95% |
4 Eg. | Options Buy and Sell 10 lots of Nifty Options | Rs. 20/trade Rs. 40 (Rs. 20 Buy & Rs. 20 Sell) | Rs.50/lot - Rs.90/lot Rs.300 - Rs.500 | 95% |
Trading Account : | Rs. 300 one time account opening charge. No annual Charges. |
Commodity Trading Only : | Rs. 300 one time account opening charges. No annual charges. |
Demat Account : | Rs. 300 one time account opening charges. Rs. 400 annual fees as AMC for Demat. |