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Zerodha Brokerage, Other Charges, Leverage & Margin 2020

Zerodha comes with the very affordable pricing structure which consists of free equity delivery trade and Rs.20 for equity intraday, F&O, Commodity trades. Zerodha introduced the concept of brokerage calculator in our country which let you know about your brokerage charges.

Zerodha Account Opening Charges | Zerodha AMC 2020

Zerodha charges Rs. 200 for online & Rs. 400 for offline account opening for Trading Account which is the onetime fee charged while initiating your account opening process. Rs. 300 are annual maintenance charges and would get deducted from your account even if you haven not trade for a year by Zerodha to maintain your account.

Type Account Opening (One Time) Annual Maintenance Fees (Yearly)
Zerodha Equity Trading Account Rs.200 for Online and Rs 400 for Offline account Opening NIL
Zerodha Equity & Commodity Trading Account Rs.300 for Online and Rs 600 for Offline account Opening NIL
Zerodha NRI Trading Account Rs.500 (Offline account Opening only) NIL
Demat Account Rs.100 Rs.300

Zerodha's Equity Delivery & Intraday Charges 2020

Please find below Zerodha Brokerage charges for Delivery Trade & Intraday Trades. Zerodha provides Delivery trade at Zero Brokerage charges and Zerodha brokerage charges for Intraday are 0.03% or Rs. 20/executed order whichever is lower.

Charges Equity Delivery Equity Intraday
Brokerage Free 0.03% or Rs.20/Trade whichever is lower
STT 0.1% ON BOTH Buy & Sell 0.025% On the Sell side
Transaction / Turnover charges NSE : 0.00325%, BSE Rs. 1 each on buy trade & sell trade NSE : 0.00325%, BSE Rs. 1 each on buy trade & sell trade
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Zerodha F&O Brokerage Charges 2020

Please find below Zerodha Brokerage Charges list for Equity Futures & Equity Options. Zerodha provides Equity future Trading at 0.03% or Rs. 20/executed order whichever is lower and Options Trading at Flat Rs. 20 Per Order.

Charges Equity Future Equity Option
Brokerage 0.03% or Rs.20/Trade whichever is lower Flat Rs. 20 per executed order
STT 0.01% On the Sell side 0.05% On the Sell side (ON PREMIUM)
Transaction / Turnover charges NSE : 0.0021%, BSE ₹ 1 each on buy trade & sell trade NSC : 0.053%, BSE ₹ 1 each on buy trade & sell trade
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Zerodha Currency Trading Brokerage & other charges 2020

Please find below Zerodha Brokerage Charges for Currency Future & Currency Options. Zerodha charges 0.03% or Rs. 20/executed order whichever is lower for Currency Future and Options Trading.

Charges Currency Future Currency Option
Brokerage 0.03% or Rs.20/Trade whichever is lower 0.03% or Rs.20/Trade whichever is lower
STT NA NA
Transaction / Turnover charges NSE: 0.00135% NSE: 0.044%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Zerodha Commodity Brokerage & Other Charges 2020

Please find below Zerodha Charges list for Commodity Trading. Zerodha charges 0.03% or Rs. 20/executed order whichever is lower for Commodity Trades.

Charges Commodity
Brokerage 0.03% or Rs.20/Trade whichever is lower
STT/CTT 0.01% on Sell
Transaction / Turnover charges Non-Agri: 0.0031% | Agri: 0.00175%
SEBI Charges 20 Rs/Crore
GST 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State

Zerodha Mutual Fund Fee Structure 2020

At The Time of Buying

For SIPs Nil Nil
For Lump sum Investment Nil Nil

At The Time of Selling / Switching

For SIPs Nil Nil
For Lump sum Investment Nil Nil
* Flat fees of just Rs 50/month for subscribing to Coin irrespective of number/value of MF transactions. Moreover, your first Rs 25,000 worth of investments is absolutely free."

Charges Explained

  • Securities / Commodities Transaction Tax : Tax imposed by the government on the exchange of transaction. It applies to both the side i,e, on selling and buying side and while intraday only on the selling side and on F&O.

  • Transaction/Turnover Charges : Exchange transaction charges + Clearing charges.Charged by all the Indian stock and commodity markets and clearing members..

  • Call & trade : Additional charges of Rs 50 + 18% GST per executed order:

    • For orders placed through our support/dealing desk.
    • Intraday (MIS/BO/CO) positions squared off before market closing by our RMS team.
  • Stamp charges : Charged as per the state of the client's correspondence address.

  • GST : Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)

  • SEBI Charges : Charged at RS. 15 per crore by Securities and Exchange Board of India for regulating the markets.

  • SEBI Charges : Charged at RS. 15 per crore by Securities and Exchange Board of India for regulating the markets.

  • DP (Depository participant) charges :

    Rs. 13.5 per scrip (irrespective of quantity) debited from demat account when stocks are sold. RS. 5.5 per MF (irrespective of quantity) debited from demat on redemption. Charged by depository (CDSL) and depository participant (Zerodha)
  • AMC (Annual maintenance charges) : Charged at RS. 300/year

Exposure or Leverage provided by Zerodha

Equity.Intraday MIS Orders CO Orders CNC or Normal Order
Equity Future Offers 10 times exposure or leverage Offers upto 20 times exposure or leverage Don't offer any margin for CNC(Cashn Carry) orders.
Equity Options Offers 3 times or 40% of NRML margin Extra margin compare to NRML and MIS order Margin for F&O overnight position - as per exchange stipulated margins
Currency Future Offers 3 times or 40% of NRML margin. Margin for F&O overnight position - as per exchange stipulated margins
Currency Options Offers 50% of NRML margin
Commodities Offers 50% of NRML margin

*MIS : Margin intraday square

*CNC : Cash n Carry

Zerodha also provides a margin calculator to make it easy for traders to calculate their margin requirements. You can use this tool to calculate your comprehensive margin requirements for intraday and delivery/overnight positions.

Frequently Asked Questions

  1. 1. What Zerodha charges for IPO applications?

    There are no Charges to apply for IPO through Zerodha. As Zerodha does not charge any brokerage on equity delivery trade, they don't charge any brokerage when you sell allocated IPO shares through Zerodha.

  2. 2. What is Zerodha Brokerage Charges?

    For all Indian resident Zerodha charges a brokerage of 0.03% or Rs. 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 minimum brokerage and maximum brokerage you pay for any transaction is Rs.20 for an order (of any size and in any segment).

  3. 3.How much Zerodha charge for intraday?

    Brokerage charges for Intraday in Zerodha is 0.03% or Rs. 20 per executed order, whichever is lower, irrespective of the number of shares or their value.

  4. 4. Is Zerodha brokerage Free?

    Zerodha offers absolutely brokerage free Equity Delivery Trade and Direct Mutual Fund investement. for all other segemnt Like , Intraday , F&O , Currency & Commodity trade it charges 0.03% or Rs. 20 per executed order, whichever is lower.

  5. 5. Why Zerodha brokerage is less?

    Zerodha is an online Share broker who is offering most of its services online by using the latest web & mobile Platforms without any human interventions.This makes its service extremely cost-effective and enables Zerodha to offer trading at an ultra-low-cost.

  6. 6. How much Zerodha charge for delivery?

    Zerodha charge Rs. 0 (Free) Brokerage for equity delivery trade, all other statutory charges would apply.

  7. 7. What is AMC for Zerodha?

    Zerodha does not have Annual Maintenance Charge (AMC) for a trading account and Rs. 300 for a demat account. AMC is charged to maintain the accounts.

  8. 8. How much Zerodha charge for futures?

    Zerodha charge Rs.20 per executed order or 0.03% whichever is lower for equity futures trading.

  9. 9. How much Zerodha charge for Options?

    Zerodha charge Flat Rs.20 per executed order for equity options trading..

  10. 9. How much Zerodha charge for commodity?

    Zerodha charges 0.03% or Rs. 20/executed order whichever is lower for Commodity Trades.

  11. 10. How much Zerodha charge for currency trading?

    Zerodha charge Rs.20 per executed order or .03% whichever is lower for currency futures trading and Rs.20 per executed order or 0.03% whichever is lower for currency options trading.

  12. 11. How much Zerodha charge for Call & Trade Facility?

    If you call Zerodha's dealer desk and place an order, you will be additionally charged Rs 50 + 18% GST per executed order.

  13. 12. What are the Account Opening charges in Zerodha?

    Zerodha charges Rs. 200 for online & Rs. 400 for offline account opening for Trading Account. Rs.300 are annual maintenance charges and would get deducted from your account even if you haven not trade for a year by Zerodha to maintain your account.

  14. 13. How much Zerodha Charges to 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.

  15. 14. What is the Zerodha NRI account opening charges?

    Zerodha charges only Rs. 500 for opening NRI trading account.

  16. 15.What are zerodha commodity options brokerage charges?

    Zerodha charges 0.03% or Rs. 20/executed order whichever is lower for Commodity Options Trades.

  17. 16.What are zerodha commodity future brokerage charges?

    Zerodha charges 0.03% or Rs. 20/executed order whichever is lower for Commodity future Trades.

  18. 17.What are the zerodha brokerage charges for equity delivery trading?

    Zerodha does not charge any brokerage on delivery Trade which means it is absolutely Free.

  19. 18. How much brokerage zerodha charge for options trading?

    Zerodha charge Flat Rs.20 per executed order for equity options trading.

  20. 19.Does zerodha charges for account opening?

    Zerodha charges Rs. 200 for online & Rs. 400 for offline account opening of Equity Trading & Demat Account. Rs.300 are annual maintenance charges and would get deducted from your account even if you haven not trade for a year by Zerodha to maintain your Demat account. If you need Commodity trading along with Equity then you need to pay Rs.300 for Online and Rs 600 for Offline account Opening.

  21. 20. What are zerodha transaction charges for equity delivery trading?

    Zerodha Transaction charges for equity delivery would be different for exchange in which you trade, NSE: 0.00325% and BSE: 0.003% per trade.

  22. 21. What are the charges required for zerodha demat account?

    Zerodha charges Rs. 200 for online & Rs. 400 for offline account opening of Equity Trading & Demat Account. Rs.300 are annual maintenance charges and would get deducted from your account even if you haven not trade for a year by Zerodha to maintain your Demat account. If you need Commodity trading along with Equity then you need to pay Rs.300 for Online and Rs 600 for Offline account Opening.

  23. 22. How much zerodha charges for equity options trading?

    Brokerage charges for equity option trading in Zerodha is Flat Rs. 20 per executed order.

  24. 23. Is zerodha account free?

    Zerodha offers absolutely brokerage free Equity Delivery Trade and Direct Mutual Fund investement. for all other segemnt Like , Intraday , F&O , Currency & Commodity trade it charges 0.03% or Rs. 20 per executed order, whichever is lower. Zerodha also charges for account opening and the same is Rs. 200 for online & Rs. 400 for offline account opening of Equity Trading & Demat Account. Rs.300 are annual maintenance charges and would get deducted from your account even if you haven not trade for a year by Zerodha to maintain your Demat account. If you need Commodity trading along with Equity then you need to pay Rs.300 for Online and Rs 600 for Offline account Opening.

  25. 24. Does zerodha charge for withdrawal?

    No, there is no charge on withdrawing money from your trading account by Zerodha. You can withdraw the balance amount in your account partially or fully at any time without any cost.

  26. 25. Can you have 2 zerodha accounts?

    Yes, you can have as many demat/trading accounts that you want, but you can't have them with the same broker/DP, which means you can not have 2 account with Zerodha.

  27. 26. What is exposure and span in zerodha?

    SPAN Margin is the minimum requisite margins blocked for futures and option writing positions as per the exchange's mandate. The 'Exposure Margin' is the margin blocked over and above the SPAN to cushion for any MTM losses. Do note that The SPAN and Exposure Margin is determined as per the norms of the exchange.

  28. 27. What is negative margin used in zerodha?

    Whenever you sell your shares, open F&O positions, or if you've made profits intraday the margin used will be negative. To understand this concept better, Margin Available means the amount you can trade with. Margin Used means the amount you have used to purchase anything(Equity or Commodity), Account Value means the amount you are having in Zerodha Account. Margin Used in negative means that you are in profit.