Zerodha Demat & Trading Account Review 2021

Zerodha charges a fixed brokerage of Rs. 20 per trade irrespective of the trade volume. You can save huge money on brokerage charges if you trade high volumes regularly.

Let’s assume you do minimum monthly trading of 10,00,000 rupees with 10 trades (20 if we include buying & selling side).

Comparison of Zerodha trading brokerage with ICICI Securities that charges 0.275% (0.55% if we include both buying and selling).

10,00,000 * 12 months * 0.55% = Rs. 66,000.

Comparison of Zerodha trading brokerage with Sharekhan that charges 0.10% (0.2% total on buying and selling).

10,00,000 * 12 months* 0.2% = Rs. 24,000.

Trading brokerage with Zerodha that charges Rs. 20 per trade

20 trades per month * 12 months * 20 Rs brokerage = Rs. 4,800 only.

Zerodha is a member of BSE, NSC, MCX and MCX-SX and allows you to trade in

• Stocks
• Mutual Funds
• Futures & Options
• Govt. Securities
• Sovereign Gold Bond

Zerodha Demat Account Review

Zerodha Brokerage Charges Review

Zerodha offers 0% brokerage on stock delivery and a flat Rs. 20 per trade.

Detailed Zerodha Charges

Type	Brokerage
Equity Delivery	Rs. 0
Equity Intraday	Lower of Rs. 20 per executed order or 0.03%
Equity Futures	Lower of Rs. 20 per executed order or 0.03%
Equity Options	Rs 20 per executed order
Currency Futures & Options	Lower of Rs. 20 per executed order or 0.03%
Commodity F&O	Lower of Rs. 20 per executed order or 0.03%

Call & trade service is available at an additional charge of Rs. 50 per order.

Zerodha Annual Charges

• Zerodha demat & trading account (Equity, F&O and Currency) opening charges – Rs. 200
• Zerodha demat & trading account (Equity, F&O, Currency and Commodity) opening charges – Rs. 300
• Zerodha demat account annual maintenance charges – Rs. 300

Can we Get the Waiver of Zerodha Account Opening Charges?

Zerodha charges a minimal annual fee which is worth to pay if we consider the services provided by Zerodha.

Right now you have to pay the annual charges to open the account with Zerodha. We will update as we find any way to waive the annual charges.

Additional Zerodha Products & Amazing Features

#1. Coin

Zerodha Coin allows you to buy mutual funds online directly from the asset management companies and completely commission-free.

You would save on both upfront and trail commission on your investment. To invest directly, you can visit the fund house’s website or office, fill up the form and invest in the fund.

Zerodha Coin is completely free.

#2. Coin Mobile

Coin mobile is a mobile application having all features of Zerodha Coin for investing in mutual funds.

You can log in with your Kite account and start using the app.

#3. Kite Connect API

Kite Connect is a set of simple HTTP APIs built on top of Zerodha’s exchange-approved web-based trading platform, Kite. You can build a full-fledged trading platform Kite connect API.

You would gain programmatic access to data such as profile and funds information, order history, positions, live quotes, place orders and manage portfolio at your convenience.

For startups, Kite connect API is free but for retail, the charges are Rs. 2000 per month.

#4. Console

A Console is a complete trade and reporting dashboard for Kite connect user that allows you to track and manage your own programmatic API access.

You can pause or resume, or invalidate such access, and monitor all activity at any point.

Zerodha Margin / Zerodha Leverage/ Exposure

Segment	Margin
Zerodha Margin Equity Delivery	No Margin
Zerodha Margin Intraday Equity	Up to 15X
Zerodha Margin Index F&O	4.16X
Zerodha Margin Stock F&O	3.33X
Zerodha Margin Currency Futures	2X
Zerodha Margin Currency Options	No margin
Zerodha Margin Commodity Futures	2X

Trading Platforms

#1. Kite 3.0

Kite 3.0 is a web-based trading and investment platform which can be used for trading on mobile, tablets, desktop and laptops.

You can search across 90,000+ stocks and F&O contracts across stock exchanges like BSE, NSE and MCX.

• Sleek User Interface
• Real-Time Widgets
• Advanced Charting
• Covers all Stock Exchanges

Kite 3.0 is available for free to all its customers.

#2. Kite Mobile

Kite Mobile App is one of the most advanced trading apps in India available for both Android and iOS. You can trade and monitor live streaming data from BSE, NSE and MCX with the Kite app.

The app is fast and light having bandwidth consumption of fewer than 0.5 Kbps for a full MarketWatch. The app has extensive charting with over 100 indicators and 6 chart types, advanced order types like Brackets and Cover, and millisecond order placements.

You would get all the features of Kite 3.0 in the Kite app.

#3. Sentinel

Sentinel is a market price alerts tool for stocks, futures and options residing on the cloud. You would get a notification whenever the underlying hits the price (today, tomorrow, or months from now) that you have set.

You can set alert for over 80,000+ stocks, bonds, commodities, F&O contracts and currencies across exchanges on OHLC, bids and offers, in addition to the price.

You will get alerts on Kite web and via email.

#4. Zerodha PI (Installable Application)

Zerodha PI is an installable trading terminal. Which features advanced charting, algos, strategies, & backtesting. You can trade across segments at BSE, NSE and MCX using this application.

PI is available for free to all the clients.

My Experience with Zerodha Account Opening Process

How to Open Zerodha Account

The whole account opening process of Zerodha is very easy and online. If you have an Aadhaar card, then the process becomes even smoother.

You would need following documents along with Aadhaar card

• PAN CARD
• Aadhar Card
• Passport size photo
• Cancelled cheque/ Saving bank account passbook

It hardly takes 30 mins to complete your demat and trading account opening procedures and your account will be opened within a day.

Click this link to apply for Zerodha account

Best For

Zerodha is best for regular traders who don’t need a large margin and don’t want to pay high brokerage.