Invest in Direct Mutual Funds and Equity Delivery without paying brokerage fees. For intraday and F trading, pay a flat fee of Rs 20 per trade. Open an instant account with Zerodha and start trading today.
Zerodha is Indias leading stockbroker. Offering online flat fee discount brokerage services for equity, currency, commodities, initial public offering (IPO), and futures investing, it is one of the biggest and most reputable brokers. Securities, and Direct Mutual Funds.
Zerodha offers direct mutual fund and equity delivery trades at no brokerage cost. It charges a flat fee of Rs 20 or 0 for intraday and futures trading. 03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed order. Thus, the highest brokerage you will ever pay for a transaction on Zerodha is Rs 20 for an order (regardless of size, amount, or segment).
Zerodha is the best stock broker at this time. They are thought to be the most transparent stock broker, have a great online trading platform, and a cheap brokerage fee. Their constant innovation and development have made them India’s fastest-growing fintech company. Here are the key strengths of Zerodha:
Zerodha is the most technologically advanced stock broker in India. It has built multiple trading software for its customers. These include: Coin (a platform for investing in mutual funds), Trading Q, Zerodha Kite (a web and mobile trading app), and Varsity (an investor education program). Additionally, Smallcase, a themed investment platform, and Streak, an algorithm
Zerodha, a leading name in the Indian stockbroking industry, has revolutionized the landscape with its innovative approach and commitment to transparency. This comprehensive overview delves into the company’s history, mission, team, and the products and services that have propelled it to the forefront of the market.
Zerodha’s Journey: From Disruption to Dominance
Founded in 2010, Zerodha embarked on a mission to break down barriers and empower investors with cutting-edge technology and affordable pricing The company’s name itself embodies this vision, combining “Zero” with “Rodha,” the Sanskrit word for “barrier.”
Zerodha’s disruptive pricing models and in-house technology have propelled it to the position of India’s largest stock broker Today, over 1 crore clients place millions of orders daily through Zerodha’s robust ecosystem of investment platforms, accounting for over 15% of all Indian retail trading volumes
A Team of Visionaries and Experts
Zerodha’s success is driven by a team of passionate individuals with diverse expertise.
- Nithin Kamath, Founder & CEO: A seasoned entrepreneur, Nithin bootstrapped Zerodha to overcome the challenges he faced as a trader. His leadership has transformed the Indian broking industry.
- Nikhil Kamath, Co-founder & CFO: Nikhil’s financial acumen and experience guide Zerodha’s financial planning.
- Dr. Kailash Nadh, CTO: A PhD holder in Artificial Intelligence & Computational Linguistics, Kailash spearheads Zerodha’s technological advancements.
- Venu Madhav, COO: Venu ensures operational excellence and compliance with regulations.
- Hanan Delvi, CCO: Hanan leads Zerodha’s customer support initiatives, ensuring exceptional client experiences.
- Seema Patil, Director: Seema’s leadership and expertise have been instrumental in shaping Zerodha’s quality standards.
- Karthik Rangappa, Chief of Education: Karthik, also known as “Guru,” heads Zerodha’s investor education initiatives.
- Austin Prakesh, Director Strategy: Austin brings his entrepreneurial expertise to optimize revenue streams and develop growth strategies.
Zerodha’s Product Suite: Empowering Investors
Zerodha offers a comprehensive suite of products and services to cater to diverse investor needs:
- Kite: A powerful and intuitive trading platform accessible via web and mobile.
- Console: A back-office platform for managing investments and analyzing performance.
- Kite Connect: Trading APIs for developers to build custom trading applications.
- Coin: A platform for investing in direct mutual funds.
- Varsity: A vast online educational resource covering all aspects of the stock market.
Zerodha’s Commitment to Education and Innovation
Zerodha goes beyond simply providing trading platforms. The company is dedicated to empowering investors through education and innovation:
- Varsity: This comprehensive online platform offers a wealth of educational resources, covering everything from basic investing concepts to advanced trading strategies.
- TradingQ&A: A vibrant online community where investors can discuss market trends, ask questions, and share insights.
- Rainmatter: Zerodha’s fintech fund and incubator supports promising startups in the Indian capital markets.
Zerodha: A Symbol of Trust and Transparency
Zerodha’s unwavering commitment to customer-centricity and transparency has earned it the trust of millions of investors:
- Zero spam or gimmicks: Zerodha prioritizes high-quality tools and resources, avoiding unnecessary distractions.
- The Zerodha universe: Zerodha’s investments in over 30 fintech startups provide tailored services to meet specific investor needs.
- Do better with money: Initiatives like Nudge and Kill Switch actively assist investors in making informed financial decisions.
Zerodha has revolutionized the Indian stockbroking industry by democratizing access to investing, promoting financial literacy, and fostering innovation. The company’s unwavering commitment to transparency, customer-centricity, and technological advancement has cemented its position as the leading choice for millions of investors. As Zerodha continues to break new ground, it remains a driving force in shaping the future of the Indian capital markets.
Free stock trading and mutual funds
- Share delivery trades without brokerage fees and a flat Rs 20 per trade for intraday trading
- Brokerage-free Direct Mutual Fund investment + +
- Trade with the best trading platform in India.
This is a limited time offer. Open an instant Zerodha account online and start trading today.
Zerodha Brokerage Charges 2023
Zerodha uses a fixed brokerage model, charging a one-time fee of Rs. 20 or nothing. 03% (whichever is lower) per executed order. It charges zero brokerage on equity delivery. The maximum brokerage chargeable per order is Rs 20.
| Trading Segment | Brokerage Charges |
|---|---|
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | Flat Rs 20 or 0.03% (whichever is lower) per executed order |
| Equity Future | Flat Rs 20 or 0.03% (whichever is lower) per executed order |
| Equity Options | Flat Rs 20 per executed order (on Turnover) |
| Currency Futures | Flat Rs 20 or 0.03% (whichever is lower) per executed order |
| Currency Options | Flat Rs 20 or 0.03% (whichever is lower) per executed order |
| Commodity | Flat Rs 20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | Rs 0 (Free Unlimited Direct MF) |
Zerodha charges Rs 0 (no brokerage) for equity delivery trades. They charge a flat fee of Rs. 20 for each executed order in intraday trading, or 0 03% (whichever is lower) on both sides.
| Charge Type | Equity Delivery | Equity Intraday |
|---|---|---|
| Brokerage | Rs 0 (No Brokerage) | Flat Rs 20 or 0.03% (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: 0.00375% per trade (each side) | NSE: 0.00325% | BSE: 0.00375% per trade (each side) |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | 0.0001% (Rs 10/Crore) | 0.0001% (Rs 10/Crore) |
| Stamp Charges | 0.015% (Rs 1500 per crore) on buy-side | 0.003% (Rs 300 per crore) on buy-side |
The brokerage fee for Zerodha Futures is a fixed Rs 20 per executed order, or 0 03% (whichever is lower). Options charges are flat Rs 20 per executed order. In addition, taxes such as STT, GST, Transaction Fees, SEBI fees, and Stamp Duty must be paid.
| Charge Type | Equity Futures | Equity Options |
|---|---|---|
| Brokerage | Flat Rs 20 or 0.03% (whichever is lower) | Flat Rs 20 |
| Securities Transaction Tax (STT) | 0.0125% on the sell side | 0.0625% on sell side (on premium) |
| Transaction / Turnover Charges | NSE: 0.0019% (each side) | NSE 0.05% (each side) (on premium) |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | 0.0001% (Rs 10/Crore) | 0.0001% (Rs 10/Crore) |
| Stamp Charges | 0.002% (Rs 200 per crore) on buy-side | 0.003% (Rs 300 per crore) on buy-side |
Zerodha currency futures brokerage charge is flat Rs. 20 per executed order or 0. 03% (whichever is lower) and the charges for currency options are flat. 20 per executed order. The customer must also pay taxes such as STT, Transaction Fee, GST, SEBI charges, and Stamp Duty in addition to brokerage.
| Charge Type | Currency Futures | Currency Options |
|---|---|---|
| Brokerage | Flat Rs 20 or 0.03% (whichever is lower) | Flat Rs 20 |
| Securities Transaction Tax (STT) | No STT | No STT |
| Transaction / Turnover Charges | NSE: 0.0009% | BSE: 0.00025% | NSE: 0.035% | BSE: 0.001% (on premium) |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | 0.0001% (Rs 10/Crore) | 0.0001% (Rs 10/Crore) |
| Stamp Charges | 0.0001% (Rs 10 per crore) on buy-side | 0.0001% (Rs 10 per crore) on buy-side |
The brokerage fee for Zerodha commodity futures is either a fixed Rs 20 or 0 03% (whichever is lower) per executed order. Commodity Options brokerage charge is flat Rs. 20 per executed order. Customers also have to pay taxes such as Stamp Duty, SEBI fees, GST, Transaction Fee, and STT.
| Charge Type | Commodity Futures | Commodity Options |
|---|---|---|
| Brokerage | Flat Rs 20 or 0.03% (whichever is lower) | Flat Rs 20 |
| 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 | Agri: 0.00001% (Rs 1/Crore) | Non-agri: 0.0001% (Rs 10/Crore) | 0.0001% (Rs 10/Crore) |
| Stamp Charges | 0.002% (Rs 200 per crore) on buy-side | 0.003% (Rs 300 per crore) on buy-side |
Note: SEBI charges for Agri products is 0.00001% (Rs 1/Crore).
- Securities Transaction Tax (STT): For intraday and F transactions, this is only levied on the sell side. When there are delivery trades in equity, both parties are charged.
- Transaction fees, also known as exchange turnover fees, are a cost imposed by stock exchanges on users of their trading platforms.
- Goods and Services Tax (GST): This is charged at 2018% of the total brokerage cost plus SEBI and transaction charges.
- SEBI Charges: This is charged at Rs 10 per Crore.
- Stamp Duty: Eq Delivery – 0. 015% (buy side), Eq Intraday – 0. 003% (buy side).
Hidden fees at Zerodha Brokerage include call
- The Call and Trade feature can be accessed for an additional fee of Rs. 50 per call.
- If the customer does not square off the MIS, BO, or CO positions, there will be an additional charge of Rs 50 per executed order.
- Digital Contract notes are sent via Email. Contract notes can be ordered in physical copy for an extra Rs 20 per contract. Courier charges are extra.
- The optional trade SMS alerts cost Rs 1 for equity, F 50 for Commodity trade alerts.
- Over 22 banks charge an instant payment gateway fee of Rs 9 per fund transfer.
- DP charges for delivery-based equity selling: Rs 13. 5 + GST per transaction.
Visit Zerodha Brokerage Charges Review for more detail.
[Zerodha/Upstox] What to do when your stock broker runs away? Is Zerodha Safe?
FAQ
Is Zerodha a stockbroker?
What type of company is Zerodha?
Which is best stock broker in India?
|
Rank
|
Broker
|
Active Clients
|
|
|
ProStocks
|
–
|
|
1
|
Groww
|
9,185,024
|
|
2
|
Zerodha
|
7,223,525
|
|
3
|
Angel One
|
5,983,067
|
Is it safe to buy stocks from Zerodha?
Who is Zerodha stock broker?
Zerodha is a bootstrapped Fintech stock broker company founded by Nithin Kamath and Nikhil Kamath in 2010. Zerodha is the first discount broker in India and they have revolutionised the share market. Their customer-first approach led them to the top position in the share market within very little time.
How many stock exchanges does Zerodha offer?
Zerodha gives access to 2 stock exchanges for trading real stocks. The following table contains an estimated number of stocks available at Zerodha and its closest competitors. Some brokers that offer access to the NYSE and Nasdaq focus on the biggest names and may not list some smaller companies.
What is Zerodha equities trading account?
Zerodha Kite Platform’s equities trading account in Zerodha allows you to trade stocks, futures & options, and currencies. A user with a trading account can use Zerodha Coin to invest in direct mutual funds. Zerodha charges a Rs. 200 online account opening cost, however, there is no AMC for trading accounts.
What does Zerodha mean?
The company’s name Zerodha, indicates a combination of words for the company’s ideals: Zero and “Rodha”, the Sanskrit word for “barrier”. As of 2019, Zerodha was the largest retail stock broker in India by active client base and contributes up to 2% of daily retail volumes on Indian stock exchanges.