What are the charges for opening an account at Zerodha? (2024)

FAQs

Does Zerodha charge account opening fee? ›

When we started in 2010, the account opening process was completely offline.

There are no hidden charges while trading at Zerodha. To learn all the charges involved while trading and investing, visit zerodha.com/charges#tab-equities. To calculate the charges for a particular trade, visit zerodha.com/brokerage-calculator#tab-equities.

The account opening fee was the actual cost of opening and maintaining an account — KYC, documentation, eSign, human verification, etc. Without the account opening fee to recover these costs, the business could potentially be pressured to recover those costs in other ways since, when we started, we were bootstrapped.

Zerodha has made online and offline account opening free for resident Indian accounts from 29th June 2024. An individual Zerodha account can be opened online if the mobile number is linked to the Aadhaar.

Free investments are available only for our retail individual clients. Companies, Partnerships, Trusts, and HUFs need to pay 0.1% or ₹20 (whichever is less) as delivery brokerage. A brokerage of 0.25% of the contract value will be charged for contracts where physical delivery happens.

Steps to avoid DP Charges at Zerodha

There are no DP charges for intraday and BTST trades as the shares don't get deposited in your demat account. There are no DP charges when you trade in the derivatives (F&O) segment. Same as intra-day, there is no demat transaction in the case of F&O trading.

Yes, Zerodha is a legitimate stock brokerage firm in India. It is registered with SEBI, CDSL and all major stock exchanges in India. As with other popular brokers, Zerodha works under the regulations laid by SEBI and RBI.

Conclusion. So, is Zerodha safe for beginners? The answer is a resounding yes.

If you use physical forms: Rs 400 in favor of “Zerodha”. If you print the forms yourself: Rs 300 in favor of “Zerodha.” Annual maintenance charge (AMC) towards your demat account is Rs. 300/- which is payable at the end of the year.

What happens if I don't use my Zerodha account? ›

When there has been no trading activity for 12 consecutive months, exchanges consider the account dormant and deactivate it. The account can be reactivated by verifying the KYC details. If the reactivation is not done within 30 days, Zerodha will alert the nominee(s).

Non-Resident Indian (NRI) Zerodha accounts can only be opened offline, unlike resident individual accounts that can be opened online.

Low Fees: Zerodha charges a flat fee of ₹200 per year for its Demat account. Thus, there are no monthly or quarterly charges. Easy to Use: Zerodha's trading platform can be easy to use and has a wide range of features.

Zerodha Account Opening Charges

Zerodha's online account opening charges are Rs 0 for the equity segment and Rs 0 for the equity and commodity segments. Offline account opening charges for the trades on Equity, F&O and Currency are Rs 400.

Note that after the application for account closure is received, it may take up to 2 working days to close the account. The customer receives the email notification with the status updates on account closing procedure. Zerodha do not charge anything for account closure.

To encourage young people to start their investing journeys early, we are making account opening free for everybody under the age of 25.

Zerodha does not require any minimum amount in a trading account. The brokerage charges are also payable only when you trade. Note: Zerodha charges a demat annual maintenance charge of Rs 300 per year.