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Zerodha Stock Broker cheapest demat account charges

Cheapest stock broker https://zerodha.com/open-account?c=ZG2677

Stock broker online

 

Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective to number of shares or their prices (Except equity delivery trades which is free). With Zerodha maximum brokerage you pay for any transition 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, number of customers and growth. In short span of 3+ years, Zerodha contributes to over 2% (Rs 4 to 6k Cr) of the NSE total turnover; among 10,000+ brokers offering services to retail investors and traders.

Like other online stock trading companies, Zerodha offers trading services to buy & sell stocks, futures & options (in Equity, Currency & Commodity segments). Zerodha’s share trading platform is powered by Omnesys ‘NEST Trader’. All trading platforms including trading terminal, website and mobile trading 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 – 90% saving in brokerage they pay to full-service brokers. Zerodha is among the most technologically advance and cheapest stock broker in India for all kind of investors including people who trader just a few times in a month to day traders who execute 100’s of trades each day.

Zerodha Trades In: BSE, NSE, MCX-SX, MCX

Zerodha Brokerage Calculator

https://zerodha.com/open-account?c=ZG2677

Open an account today

Why Zerodha?

  1. Free trading in Equity Delivery.
  2. Zerodha Charge flat rate of Rs 20 per executed order for trading in stocks, F&O, currency and commodity.
  3. Zerodha PI,the most advance trading platform introduced by Zerodha.
  4. Open your account instantly with AADHAAR, for trading only account no paperwork, for demat and nominee declaration you need to sign few forms and submit via courier.
  5. Zerodha KITE, is a lightweight, low bandwidth, multi-language web base trading platform.
  6. Supports desktop base, web base and mobile base trading platform.
  7. 60-day challenge contest by Zerodha where you trade profitably and get full brokerage refund.
  8. Innovative and unique trading tools – SPAN Calculator, algoZ, Option Strategy, Market Monitor,etc.
  9. No upfront fee, no minimum brokerage and no minimum contract charges.
  10. Own DP Service.
  11. Invest in Mutual Funds.
  12. NRI Trading – First Discount broker providing NRI services.

https://zerodha.com/open-account?c=ZG2677

Zerodha’s Trading Platforms

A customer can trade with Zerodha in following ways:

  1. Zerodha Trader [Installable Application] – An installable application powered by ‘Omnesys NEST Trader’ can be downloaded and installed on your computer. This is a fully functional trading terminal allowing fast execution of orders with real time monitoring. This easy to use trading terminal is available to all its customer for free.
  2. Web based trading platform – Kite -Launched in November 2015, Zerodha KITE is a web based HTML 5 light weight platform which can be used for trading on mobile, tablets as well as browsers. Using KITE paltform one can trade in language of their own choice. Zerodha has launched this platform in 10 languages which makes trader more confortable as most of the time english is not their primary language. Initially it was available in kannadda and now available in English, Hindi, Kannada, Telugu, Tamil, Malayalam, Marathi, Bengali, Gujrati and Punjabi.Zerodha claimed “KITE” is light weight and uses 175th of the internet bandwidth comparision to traditional trading platform. It has advanced technical anlysis charting with over 100 charting indicators and unlimited data for all stocks. KITE searches through 70,000 stocks across multiple exchanges.
  3. Zerodha Mobile – A smart phone application for Android and BlackBerry. This app allows customers to trader from their mobile phones.
  4. Zerodha Pi – Launched in July 2015, PI is zerodha’s new and unique software featuring advanced charting, Algos, strategies, & backtesting. It’s available for free to all zerodha’s clients. They have 10 chart types with over 80 indicators. Using this software trader can view up to 50,000 candles based on their system speed and configuration. They have inbuilt strategies and quick order entry screen so you can creat your own strategies, back test them and trade directly from chart.
  5. Call & Trade – Customers who are not online; can use Call & Trade service for an additional cost of Rs 20 per trader.

Automated Trading through AmiBroker

Zerodha online trading platform provides a plug-in for AmiBroker, the popular Technical Analysis Software. Through this a trader can trade directly from AmiBroker software in the semi-automated or fully-automated way based on his own strategies. The trader has to buy the separate license from AmiBroker to use this feature. Zerodha has become the first broker in India to offer Automated Trading through this plug-in. Google ‘AmiBroker’ to know more about AmiBroker software.

Trade Mutual Fund with Zerodha

Recently Zerodha has added new feature of trading in mutual fund which was one of the great element missing with discount brokers. If you are an existing client of Zerodha you don’t need to register to buy/sell mutual funds. All Mutual Fund investments made through Zerodha are totally free means there is no brokerage, execution costs, or hidden fees. You only have to pay for the units of mutual funds you purchase, once purchased you can track the NAV of your mutual fund directly on the MF platform or Q. Trader can start investing in mutual funds in demat form along with stocks, ETFs, commodities, and currency with Zerodha.

Zerodha has an online order placement and confirmation facility for their clients to buy and sell mutual funds directly from their platform with just a few clicks. Zerodha’s mutual fund platform is directly connected to the exchange so you can execute your buys and sells faster than the conventional mechanism. Only SEBI regulated mutual funds are available for investment through Zerodha so you can be sure about what you’re purchasing.

Zerodha Brokerage Charges 2017

 

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

 

Trading Brokerages

 

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

 

Zerodha Brokerage Charges

 

Zerodha Charges EQUITY Delivery EQUITY Intraday
Brokerage Rs 0 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: 0.00275% | MCX-SX: 0.002% NSE: 0.00325% | BSE: 0.00275% | MCX-SX: 0.002%
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 15/Crore Rs 15/Crore
Stamp Charges* State wise State wise
Zerodha F&O Brokerage Futures Options
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: 0.0021% | BSE: 0.0007% | MCX-SX: 0.0014% NSE: 0.053% | BSE: 0.0027% | SX: 0.027% (on premium)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 15/Crore Rs 15/Crore
Stamp Charges* State wise State wise

 

Zerodha Charges Currency Futures Currency Options Commodity
Brokerage 0.01% or Rs 20/Trade whichever is lower 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 0.01% on Sell Side (Non-Agri)
Transaction / Turnover Charges NSE: 0.00135% | MCX-SX: 0.0013% NSE: 0.044% | MCX-SX: 0.037% Non-Agri: 0.0031% | Agri: 0.00175%
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Rs 15/Crore Rs 15/Crore Rs 15/Crore
Stamp Charges* State wise 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 NRIs: *: 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 15 per Crore.

https://zerodha.com/open-account?c=ZG2677

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 Account Charges:

 

Zerodha also provide Demat account DP services. Zerodha’s charges for demat account transitions are as below:

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 (Payable upfront every year)
b. Corporates Rs 1000 (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 10
7 Remat (Per ISIN) Rs 15
8 Courier charges per Demat/ Remat request Rs 50
9 Pledge per ISIN Rs 20 + Rs 12 (depository charges)
10 Unpledge per ISIN Rs 20 + Rs 12 (depository 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 (up to 10 pages). Additional page at Rs 5 + Rs 50 (Couier Charges)
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 transaction
17 Modification in CML Rs 25 per request
18 KRA Upload / Download Rs 50

Open an account todayhttps://zerodha.com/open-account?c=ZG2677

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