Zerodha FAQs

Zerodha charges Rs.9 + 18% GST as a payment gateway charge for transferring funds from a bank account to your trading account using net banking. These charges would only be applicable if you transfer funds using an instant payment gateway facility. Other transfer modes like Cheques/NEFT/RTGS/IMPS are free

No, Zerodha does have any additional charges for AMO (aftermarket order).

A Non-Resident Indian (NRI) can open a Demat & trading account with Zerodha by linking his/her Non-Resident Ordinary (NRO) or Non-Resident External (NRE) savings bank account. NRIs aren’t allowed to trade the currency or commodity markets in India.

Yes, Zerodha is as trustworthy as other stock brokers in India. Zerodha is the largest Stockbroker in India in terms of no active clients which proves how many people trust Zerodha and its services. Zerodha is considered safe because it is regulated by India's top-rated regulator, the Securities and Exchange Board of India (SEBI), and your shareholding remains within your Demat account in electronic form with CDSL & NSDL which are independent to stockbrokers.

Yes, You can Invest mutual funds directly using Zerodha Trading & Demat account.Zerodha provides direct mutual fund investments at absolutely free — ₹ 0 commissions & DP charges.Zerodha Coin is a direct mutual fund platform that lets you buy direct mutual funds online with Zero brokerage/commission, directly from asset management companies.

• If we go by the number of active clients then Zerodha is better than Upstox. Zerodha has 47.5 Lacs clients whereas Upstox has 35.9 Lacs active clients.
• In terms of brokerage, Zerodha provides Free delivery trade to its all customer, whereas Upstox Charges 2.5% or up to Rs 20 per order (only apply to customers onboarded on or after 21st September 2021) on delivery trade.
• As far as other segments are concerned Zerodha for every executed order charges 0.03% or Rs.20/Trade whichever is lower whereas Upstox charges 0.05% or Rs.20/Trade whichever is lower.
• The major difference is with call & trade charges, Zerodha charges Rs.50 per executed order and Upstox charges Rs. 20 only.

• If we go by the number of active clients then Zerodha is better than 5Paisa. Zerodha has 14.14 Lacs active clients whereas 5Paisa has 4.34 Lacs.
• In terms of brokerage, Zerodha provides free delivery trade, whereas 5Paisa charges at Rs 20 per executed order.
• For all other segments Zerodha charges 0.03% or ₹20/Trade whichever is lower whereas 5Paisa charges Flat ₹20/Trade whichever is lower.
• 5paisa provides multiple brokerage plans which help you to reduce your brokerage charges by paying monthly upfront fees.
• The major difference is with call & trade charges, Zerodha charges ₹50 per executed order and 5paisa charges ₹100 for the same.

P&L report provides you detailed information on the profit or losses arisen in your trades, this would also help you for your tax filing and capital gain or loss calculations. Zerodha also provides this report and to get this you need to follow the below steps.

• Log in to Zerodha Console, a Back office website of Zerodha.
• click on "Reports" tab
• select Tax‘P&L’
• Select the specific Financial Year and quarter timeline
• Download Tradewise Tax P&L for all segments” located at the bottom of the page.
• Excel download is possible which you can also forward it to some one

Zerodha is a depository participant of the CDSL but if you have opened an account before 15th Sep 2015 then you will have IL&FS(DP) DEMAT account and your DEMAT will be with NSDL(Depository).

Zerodha takes canceled cheques as proof for verifying and updating the bank account details while opening the demat & trading account. that bank will be added as a primary bank so that you can transfer funds in your demat account and start trading or withdraw whenever you want.

ATP or average trade price is nothing but the result of the total value of Trades divided by numbers of shares purchased or sold. It is used for studying the resistance level and it helps a trader to minimize their losses. For Zerodha users it is very easy to get instant ATP at their web platform without putting effort into any of the calculations. Just Login to the Zerodha Kite portal. Visit your watchlist section and Open the chart and then Scroll down the chart to select the share you wanted to see the ATP. You can see the ATP below the positions tab for the selected shares.

The T1 in Zerodha holding is of those shares which you have bought but the delivery of such share is pending, meaning it has not come to your demat account.T2 holdings are holdings which you have received in your demat account. India has T+2 settlement cycle, meaning, if you buy shares on Tuesday, those share come to your demat account on Thursday.once the shares hit your demat account, such holdings are shown below T2, until such time that it hits your demat account, shares appear under T1 holdings.

The share which we have bought would appear in our demat account at the end of T+2 day. so until that time the shares bought on T day would appear in T1 quantity. If a stock is in T1, it will show next to the stock both in Zerodha Kite holdings and Q holdings.
 

Yes, you can Sell the T1 & T2 Shares if the same is not in Trade to trade category.