What is the Zerodha broking? How to go for aadhaar based account opening? What Zerodha candlestick charts kite has? What are Zerodha commodity brokerage charges? What is Zerodha commodity lot size? Zerodha commodity span margin? Zerodha delivery charges, Zerodha demat account opening form, Zerodha demat and trading account charges, Zerodha form filling, Zerodha intraday limit, Zerodha learning, Zerodha option strategy and Sensibull, Zerodha options brokerage fees, Zerodha pi algo trading, Zerodha span margin calculator, Zerodha student account, Zerodha tax, Zerodha trading account charges, everything, this blog post is about Zerodha broking.
Zerodha, founded in 2010, that is a decade old stock broking firm; trusted by more than 8.5+ lakh investors and traders and this figure is rising every single day, Zerodha is the number one Stock broker in India, don’t trust me? Well, hear it from the top media houses like Times of India and Economic times.
20 January 2019 — The Times of India
How Zerodha became India's biggest stock brokerage
10 January 2019 — The Times of India
Zerodha replaces biggies as largest broker in India
18 May 2018 — The Economic Times
How Zerodha stood its own against India’s largest stock
brokerages
18 January 2018 — The Economic Times
Zerodha’s client base grows over 6 lakhs, Gujarat tops the list
I can acknowledge you why Zerodha broking demat account is best for beginners who are starting to invest in stock market and also for regular traders also. Or need reason why you should switch your current broker to Zerodha then let me take you through it.
If you are new to market please prefer reading my other articles from this blog which will help you learn trading and other terminology for stock market, Options etc.
Zerodha introduced ImStrong: Exclusive online yoga and mindfulness classes for Zerodha traders! Free for Zerodha customers
Can you find any other broker thinking about taking care of your health as a trader or investor when you know it is a stressful journey for a intraday trader! Well atleast Zerodha does care for your health. Recently, Zerodha introduced ImStrong. ImStrong is the most convenient fitness solution for everyone. It is a video-streaming platform which makes it easy to access trainer-led classes, like yoga and meditation, from the comfort of your home, office, or anywhere you like. And it is Free for Zerodha customers
Zerodha introduced Portfolio Analytics: portfolio diversification visualization!
Can you find any other broker thinking about taking care of your portfolio analysis? Zerodha introduced portfolio diversification visualization to help you get your portfolio analytics in one place.
Zerodha introduced Quicko: online tax planning and filing platform!
Can you find any other broker thinking about taking care of your Taxation? Zerodha introduced Quicko this year in 2020. They have created a Form-16 App for salaried individuals to file Income Tax Return in 3 easy steps. Salaried individuals can simply upload their Form 16, review, and file income tax return within 5 minutes. Also help traders determine the right ITR form, the applicability of tax audit, due dates, and calculation of turnover as per the Income Tax act for Zerodha traders trading Equity, Intraday, F & O, and Commodities
Options trading is considered to be the safest trading but what if you don't know hot to trade in options? Zerodha offers you Sensibull, which lets you trade in options like professional without even having a knowledge of options trading. Sensibull is India's first options trading platform. How it works? All you have to know your stock to trade in SL and tgt; SENSIBULL will guide you for the rest. Its designed for safe and error free trading, so trade in options with just watching a stock trend and levels. Get A Zerodha Broking Demat
Well, Zerodha is not limited to broking it actually can help you making money. Zerodha has AI that artificial intelligence like Streak where you can do Algo-trade that means you can implement an algorithm which will put trade on your behalf without giving much time to market and watching number of scripts at a very nominal rate. You can run backtest and implement them. If you don’t know algo programing well you can choose from predefined algos.
Zerodha provides you KITE for trading that is a sleek, modern web based trading platform with streaming market data, advanced charts, an elegant UI, and more which runs on mobile app also. Kite API Connect is commoditising and democratising investment technology as a service APIs. If you are a startup, build full fledged trading platforms with super simple HTTP/JSON APIs.
Apart from stock market and commodity market trading Zerodha has Coin that is a platform that lets you buy mutual funds online, completely commission-free, directly from asset management companies which also comes in mobile app. Get A Zerodha Brokering Demat
One more powerful feature that Zerodha avails is Sentinel which allows you to put Market alerts residing on the cloud waiting to be triggered – today, tomorrow, or months from now, even when you’re away. Alerts can be set for all 80,000+ stocks, bonds, commodities, Fandamp;O contracts, and currencies across exchanges on OHLC, bids and offers, and more, in addition to the price. Create advanced alerts that combine multiple triggers using simple, easy-to-use operators.
Not to forget Zerodha Varsity which is an easy to grasp collection of stock market lessons with in-depth coverage and illustrations and it is completely open and FREE to access. Get A Zerodha Broking Demat
Other than the above mentioned Zerodha helps you to invest in SmallCase. SmallCase is the easiest way to invest in portfolios of stocks or ETFs for the long-term. Powered by Kite Connect APIs, smallcase is India's first thematic investment platform. It lets users invest in intelligently weighted baskets of stocks with a single click. You can choose a smallcase based on a theme that you are positive on, invest in it andamp; manage multiple portfolios seamlessly.
For existing traders why you should switch to Zerodha?
Well, here you can see the reason for the same. Here, I am not talking about taxes like STT/CTT, GST, SEBI CHARGES etc, which are applicable and same on every broker, those are constant.
20/- MAXIMUM BROKERAGE PER ORDER EXECUTED; NOT PER LOT BUT PER ORDER (AN ORDER CAN HAVE MULTIPLE LOTS.
See it here:
UNIFORM BROKERAGE IN EQUITY BASED ON TURNOVER MAXIMUM 20/- PER ORDER EXECUTED NO DELIVERY CHARGES |
Here I am using SBIN share price for explaining:
As you can see it, even if I am trading in 1000 shares in cash market I am paying only 20/- buying and 20/- selling side as broking fee.
For delivery, I have taken an example of 10/- in SBIN so to clear atleast it is a short term delivery and you can see its 0/- charge on name of 'BROKERAGE'.
In F and O I have shown a turnover of 15 lac 54 thousand and you can see the total profit should have been 30,000/- in 10 points of SBIN with 3000 lotsize but it is 29833 approx that makes hardly 167/- on name of brokerage including TAXES.
In options its not even 100/- brokerage as you can seen in lotsize of 3000 and 1 point my total profit should be 3000/- but its 2917. Open Demat Account With Zerodha
Click on Image to Enlarge |
You can see brokerage on 1 Cr. Turnover here in Cash Market
Nifty in 10 lots in One Order, 10 Buy Bid, 10 Sell Bid brokerage 40/- for complete trade
Similar examples for Commodity can be seen:
5 LOT COPPER BROKERAGE 40/- |
10 LOT SILVER BROKERAGE 20/- BUY, 20/- SELL |
You can use the link below to signup for a demat account and open online account, if your mobile number is updated with your Aadhar card you can open account with them in 15 mins with E-KYC, just sign in with Mobile Number, verify with OTP and enter email id, set a password and start filling your form: Get Zerodha Demat in 15 Mins with E-KYC
Charges Details For Zerodha Broking, including the Account Opening Charges of Zerodha, Brokerage Fees of Zerodha, Zerodha Other Charges, Zerodha Leverage or Exposure or Limit.
| Description | Charges |
| Demat/Trading Account Opening Fees for one segment | ₹ 300 |
| For Equity and Commodity combined | ₹ 500 |
| Demat Account AMC | ₹ 100 |
| Brokerage for Zerodha | |
| Equity Delivery Brokerage | ₹0 (Free) |
| Equity Intraday Brokerage | ₹20 per trade |
| Equity Futures Brokerage | ₹20 per trade |
| Equity Options Brokerage | ₹20 per trade |
| Currency Futures Trading Brokerage | ₹20 per trade |
| Currency Options Trading Brokerage | ₹20 per trade |
| Commodity Trading Brokerage | ₹20 per trade |
Zerodha Segment Wise Complete Charge list:
| Equity | ||||
| Zerodha charges | Equity delivery | Equity intraday | Equity futures | Equity options |
| Brokerage | Zero Brokerage | 0.01% or Rs. 20/executed order whichever is lower | 0.01% or Rs. 20/executed order whichever is lower | Flat Rs. 20 per executed order |
| STT/CTT | 0.1% on buy; sell | 0.025% on the sell side | 0.01% on sell side | 0.05% on sell side (on premium) |
| Transaction charges | NSE: 0.00325% | NSE: 0.00325% | NSE: | NSE: |
| BSE: 0.003% | BSE: 0.003% | Exchange txn charge: 0.0019% | Exchange txn charge: 0.05% (on premium) | |
| BSE: 0.003% | BSE: 0.003% (on premium) | |||
| GST | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Sebi charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| Stamp Charges | Differ State to State | |||
| Commodity Charges | ||
| Zerodha charges | Commodity futures | Commodity options |
| Brokerage | 0.01% or Rs. 20/executed order whichever is lower | 0.01% or Rs. 20/executed order whichever is lower |
| STT/CTT | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Transaction charges | Group A | Exchange txn charge: 0 |
| Exchange txn charge: 0.0026% | ||
| Group B: | ||
| Exchange txn charge: | ||
| PEPPER - 0.00005% | ||
| CASTORSEED - 0.0005% | ||
| RBDPMOLEIN - 0.001% | ||
| GST | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| SEBI CHARGES | Agri: | ₹10 / crore |
| ₹1 / crore | ||
| Non-agri: | ||
| ₹10 / crore | ||
| Stamp Charges | Differ State to State | |
| Currency Charges | ||
| Zerodha charges | Currency futures | Currency options |
| Brokerage | 0.01% or Rs. 20/executed order whichever is lower | 0.01% or Rs. 20/executed order whichever is lower |
| STT/CTT | No STT | No STT |
| Transaction charges | NSE: | NSE: |
| Exchange txn charge: 0.0009% | Exchange txn charge: 0.0007% | |
| BSE: | BSE: | |
| Exchange txn charge: 0.00022% | Exchange txn charge: 0.001% | |
| GST | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| SEBI CHARGES | ₹10 / crore | ₹10 / crore |
| Stamp Charges | Differ State to State | |
| Exposure | |
Equity Delivery
|
1x (no margin)
|
Equity Intraday
|
Up to 20x (based on the stock)
|
Equity Futures
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+
Exposure)
|
Equity Options
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+
Exposure)
|
Currency Futures
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+
Exposure)
|
Currency Options
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+
Exposure)
|
Commodity
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
|
Now, I feel Zerodha broking sounds good to you now? So if you like you can get your demat account with link below and they will call you back or you can sign up for online account opening with link below: Get Zerodha Brokering Demat
Wanna Know About Zerodha More:
Kick-started
operations on 15th August, 2010 with the goal of breaking all barriers
that traders and investors face in India in terms of cost, support, and
technology. Today, they are amongst the fastest growing, top volume
contributors on NSE, BSE, MCX-SX and MCX, with average daily trading
turnover of over ₹10,000 crores. Continuously strive to empower the
retail community by sharing knowledge, providing superior tools and
great support, all at a minimal to zero cost. They have been
instrumental in introducing and popularising “discount broking” in
India, the way most developed markets trade globally.
They
are India’s fastest growing brokerage with over 1 lakh+ clients
contributing to a daily turnover of over Rs. 8000 crores on NSE, BSE,
MCX, and MCX-SX. They charge you a flat fee of Rs. 20 per executed order
irrespective of the size of order. They also give their lower volume
traders a benefit of 0.01% for intraday and; futures, for delivery it is
Zero Brokerage.
Zerodha's
technology arsenal for next generation trading, Pi their desktop
trading application, Q/Quant their reporting tools, and Kite their
theyb/mobile app.
You can trade using Zerodha Trader (ZT) their desktop terminal, Z5 their HTML5/web application, or their mobile application.
You
can find the margin required while trading with them on Zerodha
Margins, and use their proprietary SPAN tool for calculating the margin
requirement while shorting options or taking multi-leg Fand;O
strategies.
All your queries about trading at Zerodha and the markets in general are answered on Z-Connect.
Trading and Demat
Download
their Trading and Demat application form and print it - All you have to
do is sign it and send it to Zerodha by courier/speed post with the
necessary documents) or you can go for E-KYC also if your aadhar card is
linked with your updated mobile number in 15 mins you can go live
trading.
• You can trade F and O (intraday and overnight/positional).
• You can trade Currency.
• You can trade Equity (intraday and delivery).
20 reasons to trade with Zerodha:
- Rs 0 (FREE) for equity delivery trades and Rs 20 or .01% whichever is lower per executed order for everything else
- Same pricing for across all exchanges.
- No upfront fee or turnover commitment
- No special penny stock brokerage or minimum contract charge
- Brokerage calculator to help you calculate all costs upfront Support
- Z-Connect, interactive blog and portal for all your queries
- Over 8,00,000 happy customers, averaging a daily turnover of over Rs. 8000 crores
- No Relationship Managers, no brokerage or sales targets, no forced trades
- 250+ dedicated support team to ensure the fastest turnaround time for their queries via email or phone
- Trading, charting, and analysis, all rolled into one next generation desktop platform Pi.
- Minimilastic, intuitive, responsive web based trading platform Kite
- Innovative and unique trading tools - SPAN Calculator, Bracket orders and; Trailing Stoploss, Market Intel
- Amongst few brokerages with multi-datacenter disaster management infrastructure for safety, speed, and reliability. Exchange connectivity of 140 orders / second vs. an industry average of 40 orders / second
- Quant, the next generation backoffice, reporting, and analytics suite
- 60-day-challenge: Trade profitably and get acknowledged—with a full brokerage refund
- Write, backtest and go live on technical analysis strategies
- Average exchange margin utilization of 55% vs. industry average of 70%—lower risk
- T+0 settlement on NSE and no additional margin on MCX -- lowest overnight margin requirement
- Debt free, profitable, and QOQ growth from day one (37 cr. revenue in 2013-14 and 70 cr. in 2014-15)