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FAQs
How can I get free brokerage in Zerodha? ›
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.
Is Zerodha brokerage high? ›Zerodha Brokerage Charges 2024
Zerodha follows a fixed brokerage model wherein it charges a flat Rs 20 or 0.03% (whichever is lower) per executed order. It charges zero brokerage on equity delivery. The maximum brokerage chargeable per order is Rs 20.
If you're a day trader, a low commission fee is crucial. Optimise Order Size: For commission-based fees, consider increasing your order size to reduce the per-share cost. Instead of buying 10 shares with a ₹20 commission per trade, consider buying 50 shares and reducing the commission cost per share.
Is Zerodha 100% safe? ›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.
Which is the cheapest broker in India? ›Brokerage and Hidden Charges of Top 20 Share Brokers in India
| Broker | Delivery Brokerage | Options Brokerage |
|---|---|---|
| Zerodha | Zero Brokerage | Flat ₹20 per executed order |
| Paytm Money | Zero Brokerage | ₹10 per executed order |
| Upstox | Zero Brokerage | ₹20 per executed order |
| ICICIdirect | 0.55% to 0.75% | ₹95 per executed order |
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.
Upstox is better than Zerodha only in terms of account opening fees and annual maintenance fees. A beginner investor can open a free account with no annual maintenance fees. Zerodha, on the other hand, appeals to active investors and traders with its free equity delivery and lower brokerage charges.
What is the disadvantage of Zerodha? ›It is a good choice for beginner investors because of its easy-to-use trading platforms. As a drawback, Zerodha is only available to Indian residents, it covers only the Indian market, and it takes quite a long time and some actual paperwork to open an account.
Does Zerodha charge 200 every year? ›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.
How to avoid margin penalty in Zerodha? ›To avoid a margin shortfall, keeping sufficient funds in the Zerodha account above the margin requirement is recommended, with a buffer of 5% being sufficient on most days if there aren't significant price changes. When selling holdings, 80% of the selling credit can be used for new trades.
Why do most intraday traders fail? ›
Lack of trading discipline
This is the primary reason for intraday trading losses in the intraday trading app. Trading discipline has to focus on three things. Firstly, there must be a trading book to guide your daily trading. Secondly, you must always trade with a stop loss only.
If sufficient margins aren't available either at the end of the trading day or in the intraday snapshots, a margin penalty is charged on the net shortfall amount. The penalty is 0.5% of the shortfall amount lower than Rs 1L, and 1% for higher than Rs 1L.
What if Zerodha shuts down? ›You have three years from when the company closed to claim your money, stocks, and shares. The amount of money in your trade account is paid out. If you lost money, you might not get it back because there were still open spots or deals.
Why do people prefer Zerodha? ›If you're coming to Zerodha today, you have to come for products. While you come for products, we are also one of the lowest costing brokers in the country. So you're not paying a premium for it.
Is Zerodha really profitable? ›Nithin and Nikhil Kamath-led stock broking platform Zerodha's net profit rose 37% to INR 2,908.9 Cr in the financial year 2022-23 (FY23) from INR 2,120.3 Cr in the previous fiscal year as the business continued seeing strong growth.
Does Zerodha have zero brokerage? ›All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.
Is Zerodha offering a free demat account? ›India's leading brokerage Zerodha on Wednesday said it is now making demat account opening for all resident investors in India free of cost. The decision was taken as the onboarding process for an account opening has become completely digital.
Is Kite brokerage free? ›Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. Yes, Zerodha Kite is available for free to customers.