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Indiabulls Seurities vs Zerodha (Compare Indiabulls Seurities and Zerodha)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Indiabulls Seurities vs Zerodha, Below comparison of Indiabulls Seurities vs Zerodha highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Indiabulls Seurities vs Zerodha is given below:

Indiabulls Seurities

Zerodha

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	Indiabulls Seurities	Zerodha

About The Brokers	Indiabulls Seurities : >>> more	Zerodha : Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that >>> more
Find More Information about the Broker :	Indiabulls Seurities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Zerodha : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Indiabulls Seurities : Discount Broker	Zerodha : Discount Broker
Promo/offers	Indiabulls Seurities : N/A	Zerodha : Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Advantage	Indiabulls Seurities : NA	Zerodha : No Brokerage on Equity delivery & Mutual Fund. Flat rate for stock trading. Own DP services. Strong Customer service . Good Brokerage & Margin Calculator. Offers up to 20x leverage on intraday trading. Offers most advanced online trading tools. Offers facility to apply on-line IPO . Zerodha offers referral program to its customers.
Disadvantage	Indiabulls Seurities : NA	Zerodha : No margin funding. Very High charges on Call and Trade @ ₹50 per call. Charges on Funds Transfer @ ₹9 per fund transfer. Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer. Doesn't provide stock tips, research reports or recommendations. Doesn't offer Unlimited Trading Plans.
Why This	Indiabulls Seurities : NA	Zerodha : Zerodha Charge flat rate of ₹20 per executed order. Zerodha does not charge any brokerage on Equity delivery transactions. Zerodha provides platform to invest in mutual funds. Innovative trading platform. No upfront fee, no minimum brokerage and no minimum contract charges. The largest stockbroker by active clients, market volume. Zero brokerage Direct Mutual Funds. Offers up to 20x leverage on intraday trading.
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Indiabulls Seurities vs Zerodha Account Opening & AMC Charges

Indiabulls Seurities Trading Account Opening Fee is ₹750 and Zerodha Trading Account Opening Fee is Rs 200 . Indiabulls Seurities Demat Account AMC is ₹450 and Zerodha Demat Account AMC is Rs 300 .

	Indiabulls Seurities	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : ₹750	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : ₹450	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Brokerage Charges

Indiabulls Seurities Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is ₹0 (Free) and Equity Options is ₹15 per trade . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

	Indiabulls Seurities	Zerodha
Plan Name	Plan Name : Power Indiabulls	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : ₹0 (Free)	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : ₹0 (Free)	Equity Intraday : Rs 20 per executed order or .03% whichever is lower
Equity Future	Equity Future : ₹15 per trade	Equity Future : Rs 20 per executed order or .03% whichever is lower
Equity Options	Equity Options : ₹15 per trade	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : ₹15 per trade	Currency Futures : Rs 20 per executed order or .03% whichever is lower
Currency Options	Currency Options : ₹15 per trade	Currency Options : Rs 20 per executed order or .03% whichever is lower
Monthly Fee	Monthly Fee : ₹1000	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : Rs 20
Commodity Futures	Commodity Futures : 0.03%	Commodity Futures : Rs 20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : 0.03%	Commodity Options : Rs 20 per executed order or .03% whichever is lower
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Exchange Transaction Charges

Indiabulls Seurities Exchange Transaction Charges Equity Future is ₹250 per crore (0.0025%) and Equity Options is ₹5500 per crore (on premium) (0.055%) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) .

	Indiabulls Seurities	Zerodha
Equity Delivery	Equity Delivery : ₹325 per crore (0.00325%)	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : ₹325 per crore (0.00325%)	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : ₹250 per crore (0.0025%)	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : ₹5500 per crore (on premium) (0.055%)	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures *	Currency Futures : ₹250 per crore (0.0025%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : ₹5500 per crore (on premium) (0.055%)	Currency Options : NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : -	Commodity : Group A - Rs 260 per Cr (0.0026%)
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Other Charges

Indiabulls Seurities Minimum Brokerage is ₹0 (Unlimited Plan), ₹15 (Per Trade Plan) and Call & Trade is ₹0 (Free) . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

	Indiabulls Seurities	Zerodha
Minimum Brokerage	Minimum Brokerage : ₹0 (Unlimited Plan), ₹15 (Per Trade Plan)	Minimum Brokerage : 0.03% in Intraday and F&O
Call & Trade	Call & Trade : ₹0 (Free)	Call & Trade : Rs 50 per executed order
Stamp Duty *	Stamp Duty : -	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%,
DP Charges (on sell side)	DP Charges (on sell side) : ₹10 per transaction or 0.02% of the transaction value (whichever is higher)	DP Charges (on sell side) : ₹13.5 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Features

Indiabulls Seurities and Zerodha both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Indiabulls Seurities	Zerodha
Trading Platform	Trading Platform : Power Indiabulls	Trading Platform : Kite Web, Kite Mobile for Android/iOS and Coin
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Live news, World market summary	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Demat Account Charges

A comparative table of various demat account charges between Indiabulls Seurities and Zerodha is below:

	Indiabulls Seurities	Zerodha
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹500	Account Opening Fee : Rs 50 (Stamp charges payable upfront)
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Rs 0
AMC	AMC : ₹0	AMC : Individuals/Non Individual (except Corporate) - Rs 300 + GST Non Individual - Corporate - Rs 1000
Dematerialisation Charges	Dematerialisation Charges : ₹1 per Certificate (max ₹250 )+ ₹25 for courier	Dematerialisation Charges : Rs 150 per certificate (+ Rs 100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : Fee of Rs 15 for every 100 securities/MF Units or Flat fee of Rs 15 per cert/unit, whichever is higher	Rematerialisation Charges : Rs 150 per certificate + CDSL charges + Rs 100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.02% or ₹15 whichever is higher	Transaction Charges (debit) : Rs 8 + Rs 5.5 (CDSL charges)
Pledge Creation Charges	Pledge Creation Charges : ₹25 or .02% of the transaction value(whichever is higher)	Pledge Creation Charges : Rs 30 per request + GST
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹25 or .02% of the transaction value(whichever is higher)	Pledge Creation Confirmation Charges : Rs 0
Pledge Invocation Charges	Pledge Invocation Charges : ₹25 or .02% of the transaction value(whichever is higher)	Pledge Invocation Charges : Rs 20
Failed Instruction Charges	Failed Instruction Charges : ₹20 Per Instruction	Failed Instruction Charges : Rs 50 per ISIN
Other Charges	Other Charges : Fax Indemnity - Actual Demat Rejection - ₹20 + Courier Charges Renewal charges for resuming the Services - ₹100 per account.	Other Charges : Cheque Bounce: Rs 350 Physical Statement - Rs 50 (+Courier charges at actual) Modification in CML - Rs 25 per request KRA Upload / Download - Rs 50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Basic Details

Indiabulls Seurities Year of Incorporation is 2000 and and Total Number of Branches is 18 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 7223525 and Total Number of Branches is 22 .

	Indiabulls Seurities	Zerodha
Year of Incorporation	Year of Incorporation : 2000	Year of Incorporation : 2010
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE, MCX and NCDEX
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : https://trade.indiabulls.com/	Website : https://zerodha.com
Contact Details	Contact Details : 0124-4572444	Contact Details : 080-40402020
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : 7,223,525
Total Number of Branches	Total Number of Branches : 18	Total Number of Branches : 22
Products *	Products : -	Products : Kite Web, Kite Mobile for Android/iOS and Coin
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Orders

Orders

	Indiabulls Seurities	Zerodha
Cover Orders (CO)	Cover Orders (CO) : No	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : No	Buy Today Sell Tomorrow (BTST) : No
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Indiabulls Seurities	Zerodha
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : No
Comparison *	Comparison : -	Comparison : No
Free Tips *	Free Tips : -	Free Tips : No
Daily Market report *	Daily Market report : -	Daily Market report : No
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : -	Quarterly Results : No
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Indiabulls Seurities	Zerodha
Availability for franchisee / AP	Availability for franchisee / AP : No	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : Rs.11,000
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Product & Services

Indiabulls Seurities and Zerodha both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Indiabulls Seurities	Zerodha
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : No
Call N Trade *	Call N Trade : -	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : -	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : -	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : -	NRI Services : Yes
SMS Alerts *	SMS Alerts : -	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : No
IPO Investment *	IPO Investment : -	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : -	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : -	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : -	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : -	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : No
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Customer Services

Indiabulls Seurities and Zerodha both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Indiabulls Seurities	Zerodha
Toll Free Number *	Toll Free Number : -	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : No
Email Facility *	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : -	Branch Offices : Yes
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : -	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : No
24/7 Support *	24/7 Support : -	24/7 Support : No
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Other Investement

Indiabulls Seurities and Zerodha both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Indiabulls Seurities	Zerodha
Commodity Trading *	Commodity Trading : -	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No
	Open Account	Open Account

Indiabulls Seurities vs Zerodha Trading Platform

Indiabulls Seurities and Zerodha both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Indiabulls Seurities	Zerodha
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : -	Desktop Mac : No
I-Pad App *	I-Pad App : -	I-Pad App : Yes
Virtual Trading *	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes
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	Open Account	Open Account