Zerodha Intraday Charges

Equity Intraday trades refer to a trade in which buying & selling of stock happens on the same day before the close of the stock exchange.

Intraday trading is also called day trading, which intended to make profits in a very short interval of time and does not go beyond a trading day. The brokerage charges and the statutory charges like STT are much lower on intraday trades compared to delivery trades. This reduces the cost of intraday trading. When you buy equities for delivery, you are required to pay up 100% of the total cost upfront. On the contrary, if you designate your trade as an intraday trade, then the margin is just a portion of the full cost. Zerodha brokerage charges for Intraday are 0.03% or Rs. 20/executed order whichever is lower.

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Benefits of Equity Intraday Trade

It does not block your capital
You can make money in a short span of time hence it is a favorite of the trader community.
Day traders can take benefit from both rising and falling markets. Day traders can do short selling to make a profit from falling stocks.
Intraday trade is simple and does not require fundamental or technical information of traded stock, you can do this trade by simply reading charts.
Possibility of Higher return and can be achieved both in the Bull & bear market.
Lower Brokerage & Statutory Charges.
It does not have any form of overnight risk due to unforeseen global or local events.