Zerodha charges one of the lowest brokerage fees of flat Rs. 20 for Intraday trading in India.
Cost-wise, the brokerage structure of discount brokers like Zerodha is suited to the investment and trading requirements of volume intraday traders and beginner traders.
I have listed all the Zerodha charges in this article.
Zerodha Account Opening Charges
Zerodha charges Rs. 200 for online demat account opening.
The trading account is opened simultaneously for free. You can do intraday, equity F&O and currency F&O trading.
You need to pay an extra Rs. 100 if you want an MCX commodity account.
Charges for Offline Account Opening –
|Equity trading and demat account||₹400|
|Equity trading, demat and commodity account||₹600|
Zerodha AMC Charges
Zerodha charges Rs 75 per quarter for AMC charges, a total of Rs 300 per year.
- Zerodha AMC Charges – Rs 300
Zerodha Brokerage Charges
|Zerodha Equity Delivery||Rs. 0|
|Zerodha Equity Intraday||Rs. 20 or 0.03% per executed order whichever is lower|
|Zerodha Equity Futures||Rs. 20 or 0.03% per executed order whichever is lower|
|Zerodha Equity Options||Flat Rs. 20 per executed order|
|Zerodha Currency Futures||Rs. 20 or 0.03% per executed order whichever is lower|
|Zerodha Currency Options||Rs. 20 or 0.03% per executed order whichever is lower|
|Zerodha Commodity Futures||Rs. 20 or 0.03% per executed order whichever is lower|
|Zerodha Commodity Options||Rs. 20 or 0.03% per executed order whichever is lower|
Zerodha Delivery Charges
Equity delivery in Zerodha is completely free.
Zerodha Intraday Charges
Zerodha’s intraday charge is lower of Rs. 20 or 0.03% per executed order irrespective of the trading volume. This helps both high-volume traders as well as small traders.
For example, if you trade for Rs 10,000 then Zerodha will charge Rs 3 for intraday trading, not Rs 20. But if you place a trade for 10,00,000 then a fixed charge of Rs 20 will be charged.
Zerodha F&O Charges
Here are the details of Zerodha futures and option trading charges.
|Equity Futures||Rs. 20 or 0.03% per executed order whichever is lower|
|Equity Options||Flat Rs. 20 per executed order|
|Currency FNO||Rs. 20 or 0.03% per executed order whichever is lower|
|Commodity FNO||Rs. 20 or 0.03% per executed order whichever is lower|
Note – Brokerage of ₹40 per executed order will be charged instead of ₹20 while placing an F&O order if your account has a negative balance.
Zerodha Call and Trade Charges
Rs. 50 per order for placing an order using Zerodha’s Dealer desk, Customer care or RMS team.
The order can be –
- successfully placed buy/sell order
- executed orders
- rejected orders
- cancelled orders
Note – If you called Zerodha to place an order and it got canceled or rejected then there will be no cancellation charges but you need to pay Rs. 50 as call and trade charges.
Zerodha Mutual Funds Charges
Zerodha charges Rs. 0 for investing in direct mutual funds of any company.
Zerodha Charges Calculator
Helps get a prior estimation of various charges.
Link to Zerodha Charges Calculator.
Rs. 75 account maintenance is charged per quarter starting from the account opening date.
Zerodha Other Charges List
Zerodha DP Charges
DP charges are applicable whenever you sell shares from your Demat account.
Rs. 13.50 per day per scrip are DP charges at Zerodha for the shares sold. Here the number of shares doesn’t matter.
Only Rs. 13.50 is charged. Doesn’t matter whether you sell 1 share of SBI or 1000 shares.
But if you sold 1 share of SBI and 1 share of Reliance then 13.50 +13.50 = Rs. 27 as DP charges need to be paid.
Zerodha Charges for Cancelled Orders
Zerodha doesn’t charge for canceled orders.
Cancellation can be due to –
- Canceling orders manually
- Auto-canceled by the system
- Order rejected for short of funds or any reason
Zerodha Fund Transfer Charges
Zerodha provides multiple options to add funds to your Zerodha trading account which includes UPI, IMPS and Net banking options.
UPI & IMPS options are free but you need to pay Rs 9 per transaction on adding funds through net banking.
|Mode used to add funds||Payment Gateway Charges|
|Net banking (internet banking)||Rs. 9|
Funds become immediately available for trading.
Zerodha Fund Withdrawal Charges
Zerodha doesn’t charge any fee for withdrawing funds from your trading to your bank account.
Zerodha fund withdrawal charges – Rs 0
STT Charges in Zerodha
Securities Transaction Tax or STT charge is a direct tax charged on the purchase and sale of securities through Zerodha. STT charge is paid to the central government of India.
STT for the intraday trades is @ 0.025% on only the sell side and STT for the delivery transaction charge @ 0.1% on both the buy and sell.
|Zerodha STT Charges||Amount|
|Equity delivery||0.1% on buy & sell|
|Equity intraday||0.025% on the sell side only|
|Equity futures||0.01% on sell-side|
|Commodity futures||0.01% on sell side (Non-Agri)|
|Commodity options||0.05% on sell-side|
|Currency F&O||No STT charges applied|
Zerodha Charges for GTT
Zerodha charges Rs. 0 for using GTT.
Good Till Trigger (GTT) allows you to set certain trigger (price) conditions leading to buying/ selling of shares at a particular price.
When the conditions are met, a limit order is placed on BSE/ NSE.
Normal brokerage is charged once the buy/sell order is placed after the GTT is triggered.
GTT can be used only for
- CNC type orders in the Equity Cash segment on NSE & BSE
- NRML type orders in the Equity Derivatives segment on NSE.
Cash and Carry (CNC)- is used for delivery trades in equity.
Normal (NRML) – is a term for overnight trading of futures and options contracts. NRML type orders in the derivatives segment allow you to carry your position till the expiry of the F&O contract.
Zerodha Charges For BTST
There is NIL (Rs. 0) brokerage on BTST trades because the CNC product type is used which represent equity delivery.
But there is a DP charge of ₹13 per stock per day when you sell the next day.
Zerodha Charges For Auto-square Off
Auto square-off is classified as a “Call and trade” facility by Zerodha.
Rs. 50 per order is charged when the system auto-squares off all open intraday positions at or after the cut-off time.
|Segment||Equity intraday||Equity F&O||Currency F&O||Commodity F&O|
|Cut-off time||3.20 pm||3.25 pm||4.45 pm||25 mins before close|
Zerodha Charges for Coin
|G-secT-billsSDLs||0.06% on total investment value|
Zerodha Smallcase Charges
You need to pay a flat fee of Rs 100 per transaction for Smallcase fee.
Zerodha Charges for Optional Value Added Services
|Services||Bill Frequency||Charges in Rs.|
|StockReports+||Monthly / Bi-annually / Annually||150/ 810/ 1440|
|Screener||Monthly / Quarterly / Bi-annually / Annually||100/ 285/ 540/ 960|
|Kite Connect||Monthly||Connect: 2000|
Zerodha Charges For NRI Trading and Demat Account
NRI Account Opening Charges
NRI trading and demat account can only be opened offline. NRI’s have an option to open a PIS account or a Non-PIS account.
Account opening fees – Rs. 500.
AMC charges – Rs. 125 per quarter (Rs. 500 annually).
NRI Brokerage Charges for Equity
|PIS trading and demat account||Non-PIS trading and demat account|
|Lower of 0.5% or ₹200 per executed order||Lower of 0.5% or ₹100 per executed order|
|Banks charge up to Rs 300 per contract note (per day of trading) for handling TDS.||NIL|
|Banks charge an additional AMC of up to Rs 1500 per year in addition to demat AMC of Rs. 500.||Only demat AMC of Rs. 500 applies|
NRI Brokerage Charges for F&O
NRIs can trade in F&O only through a custodial account. Orbis Financial Corporation Limited (SEBI registered) is Zerodha’s custodian partner.
Zerodha brokerage charges for F&O – ₹100 per order.
Orbis additionally charges ₹150 per crore for futures and ₹1500 per crore for options as clearing charges on a monthly basis.
Zerodha is a best discount broker for both beginner and professional DIY traders.
If you do your own research then on Rs. 5000 per month (10 trades x Rs. 20 brokerage x 25 days) you can do over a crore volume of share trading.