Zerodha-Number One Broker in India
Zerodha is the number one brokerage firm based out of Banglore, Zerodha works as a flat fee share broker popularly known as Discount brokers, Budget Brokers, or Pay Per Order Brokerage. The said discount broking model avoids variable charges based on the volume and charges flat fees irrespective of volumes, therefore, favoring traders who take large futures and options provisions.
Zerodha has recently collaborated with IDFC First bank and started providing the 3-in-one account facility just like ICICI Direct, HDFC Securities without any additional charges. The Zerodha-IDFC FIRST Bank 3-in-1 account is a single account which is inclusive of a trading, DEMAT, and bank account, all rolled into one in order to provide a seamless banking & investing experience for individuals.
For all Indian residents, Zerodha charges a brokerage of 0.03% or ₹20 per executed order, whichever is lower, irrespective of the number of shares or their value (other than equity delivery trade which is free). Zerodha doesn't have a minimum brokerage and the maximum brokerage you pay for any transaction is ₹20 for an order (of any size and in any segment).
In the case of the NRI account, Zerodha charges a brokerage of 0.1% OR Rs. 200 per executed order for equity (whichever is lower) and for Rs. 100 per order for F&O trade. Zerodha charges only Rs. 500 for opening an NRI trading account
All direct mutual fund investments are absolutely free — Rs. 0 commissions & DP charges.
Zerodha Account Opening Charges 2022
| Particulars | Charges |
|---|---|
| Zerodha Trading Account Opening Charges (One Time) | Rs.200 |
| Zerodha Trading Account AMC Charges (Yearly Fee) | Free |
| Zerodha Demat Account Opening Charges (One Time) | Free |
| Zerodha Demat Account AMC Charges (Yearly Fee) | Rs 300 P.A. |
Zerodha Brokerage Charges 2022
| Segment | Zerodha Brokerage Charges |
|---|---|
| Equity Delivery | Free |
| Equity Intraday | 0.03% or Rs. 20/executed order whichever is lower |
| Equity Future | 0.03% or Rs. 20/executed order whichever is lower |
| Equity Options | Flat Rs 20 per order |
| Currency Future | 0.03% or Rs. 20/executed order whichever is lower |
| Currency Options | 0.03% or Rs. 20/executed order whichever is lower |
| Commodity | 0.03% or Rs. 20/executed order whichever is lower |
Zerodha Transaction Charges
| Segment | Transaction Charges |
|---|---|
| Equity Delivery | NSE Rs.325 per Cr (0.00325%) | BSE Rs.300 per Cr (0.003%) (each side) |
| Equity Intraday | NSE Rs.325 per Cr (0.00325%) | BSE Rs.300 per Cr (0.003%) (each side) |
| Equity Future | NSE Rs.190 per Cr (0.0019%) |
| Equity Options | NSE Rs.5000 per Cr (0.05%) |
| Currency Future | NSE Rs.90 per Cr (0.0009%) | BSE Rs.22 per Cr (0.00022%) |
| Currency Options | NSE Rs.70 per Cr (0.0007%) | BSE Rs.100 per Cr (0.001%) (on premium) |
| Commodity | Group A - Rs.260 per Cr (0.0026%) |
Zerodha Security Transaction Tax and Commodity Transaction Tax:
| Segment | STT/CTT |
|---|---|
| Equity Delivery | 0.1% on buying & sell both |
| Equity Intraday | 0.025% on the sell-side only |
| Equity Future | 0.01% on the sell-side only |
| Equity Options | 0.05% on the sell-side (on premium) |
| Currency Future | No STT |
| Currency Options | No STT |
| Commodity | Futures: 0.01% on sell-side (Non-Agri), Options 0.05% on sell-side |
Zerodha Taxes:
18% GST on (brokerage + transaction charges)
Zerodha SEBI CHARGES:
0.0001% or Rs.10 / crore
Zerodha STAMP CHARGES:
Based on the state to state
Charges for optional value-added services offered by Zerodha
| Service | Billing Frequency | Charges |
|---|---|---|
| StockReports+ | Monthly /6 Monthly / Annually | ₹ 150/810/1440 |
| Screener | Monthly /Quarterly/ 6 Monthly / Annually | ₹ 100/285/540/960 |
| Sensibull | Monthly | Free: 0 | Lite: 800 | Pro: 1300 |
| Streak | Monthly | Basic: 500 | Premium: 900 | Ultimate: 1400 |
| Kite Connect | Monthly | Connect: 2000 | Historical: 2000 |
| Pi Bridge | Monthly | ₹500 |
Zerodha Demat Charges 2022
| S.NO | Particulars | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | ₹0 |
| 2 | Stamp Charges payable upfront (at actuals) | ₹50 |
| 3 | Annual Maintenance Charges (AMC): | |
| a. Individuals | ₹300 Per Year + GST (Payable upfront every year) | |
| b. Corporates | ₹1000 + GST (Payable upfront every year) | |
| 4 | Transaction Charges per ISIN (Market Trades): | |
| a. Buy (Receive) | ₹0 | |
| b. Sell(Debit) | ₹8 + ₹5.50 flat for every debit transaction | |
| 5 | Inter Depository Transfer (Off-Market Trades): | |
| a. Buy (Receive) | NIL | |
| b. Sell(Debit) | 0.03% or ₹25 whichever is higher | |
| 6 | Demat (Per certificate) | ₹150 |
| 7 | Remat (Per ISIN) | ₹150 (Per certificate) + CDSL Charges |
| 8 | Courier charges per Demat/ Remat request | ₹100 |
| 9 | Pledge per ISIN | ₹20 + ₹12 per request (CDSL Charges) |
| 10 | Unpledged per ISIN | ₹20 + ₹12 per request (CDSL Charges) |
| 11 | Pledge Invocation per ISIN | ₹20 |
| 12 | Periodic Statement: | |
| a. By Email | Free | |
| b. Physical | ₹50 (Courier Charges) | |
| 13 | Adhoc / Non-Periodic Statement Requests: | |
| a. By Email | ₹10 per request | |
| b. Physical | ₹50 per request up to 10 pages. Every additional page at ₹5 (+Courier charges at actual) | |
| 14 | Delivery Instructions: | |
| a. First Delivery Instruction Book | Free (10 leaves) | |
| b. Every Additional Booklet | ₹100 (10 leaves) | |
| 15 | Cheque Bounce/ Per cheque | ₹350 |
| 16 | Failed Transactions | ₹50 per ISIN |
| 17 | Modification in CML | ₹25 per request |
| 18 | KRA Upload / Download | ₹50 |
Frequently Asked Questions:
-
1. What is the brokerage charges in Zerodha?
For Indian resident Zerodha charges a brokerage of 0.03% or ₹20 per executed order, whichever is lower, irrespective of the number of shares or their value (other than equity delivery trade which is free).
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2. What is the brokerage charges in Zerodha for NRI customers?
Incase of NRI customer account Zerodha charges a brokerage of 0.1% OR Rs. 200 per executed order for equity (whichever is lower) and for Rs. 100 per order for F&O trade. Zerodha charges only Rs. 500 for opening NRI trading account.
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3. How much Zerodha charge for Delivery trade?
Zerodha does not charge brokerage on delivery Trade which means its absolutely Free.
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4. How can I withdraw money from Zerodha for free?
Zerodha does not charge any amount for Fund withdrawal. 1.Equity, F&O, and Currency withdrawals need to be submitted before 7 PM Monday to Friday. 2.Commodity withdrawals are before 9 AM Monday to Friday.
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5. Does Zerodha provides 3 in 1 account facility?
Zerodha has recently collaborated with IDFC First bank and started providing the 3-in-one account facility just like ICICI Direct, HDFC Securities without any additional charges. The Zerodha-IDFC FIRST Bank 3-in-1 account is a single account which is inclusive of a trading, DEMAT and bank account, all rolled into one in order to provide a seamless banking & investing experience for individuals.
-
6. Does Zerodha provides Tips?
No, Zerodha doesn't offer stock tips, recommendations, research and advisory. It does not provide any daily tips.
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7. Is Zerodha really Free?
Zerodha offers absolutely brokerage free Equity Delivery Trade and Direct Mutual Fund investment. for all other segments Like, Intraday, F&O , Currency & Commodity trade it charges 0.03% or Rs. 20 per executed order, whichever is lower.
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