Zerodha vs JM Financial – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Zerodha vs JM Financial. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Zerodha & JM Financial will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Zerodha vs JM FinancialIn this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Zerodha & JM Financial comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare JM Financial Zerodha

Overview of Zerodha & JM Financial

OverviewZerodhaJM Financial
Company TypePrivatePublic
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaMumbai, Maharashtra
FounderNithin KamathNimesh Kampani
Established Year20101986

Zerodha vs JM Financial Customer Ratings Comparison

Customer RatingsZerodhaJM Financial
Experience5.7/106.2/10
Products & Services8.5/106.4/10
Brokerage Charges & Fees9.5/106.2/10
Stock Research & Advisory4.0/106.6/10
Trading Platforms9.0/105.8/10
Overall Ratings7.4/106.4/10
Star Ratings★★★★★★★★☆☆
Total Client Reviews1865329

Zerodha vs JM Financial Demat Account Comparison

Demat ServicesZerodhaJM Financial
Depository SourceCDSLCDSL
Account Opening ChargesRs.300Rs.799
Demat AMC ChargesRs.300 per AnnumRs.299
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.15,000 Minimum
Offline to OnlineSR

JM Financial vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaJM Financial
Equity Delivery TradingFree0.5% – 0.15%
Equity Intraday TradingRs.20 Per Order0.05% -0.015%
Commodity Options TradingRs.20 Per OrderNA
Equity Futures TradingRs.20 Per Order0.05% -0.015%
Equity Options TradingRs.20 Per OrderRs.75 – Rs.20 per Lot
Currency Futures TradingRs.20 Per Order0.05% -0.015%
Currency Options TradingRs.20 Per OrderRs.75 – Rs.20 per Lot
Minimum BrokerageZeroPercentage of Transaction
Demat AMC ChargesRs.300 per AnnumRs.299
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.15,000 Minimum
Brokerage CalculatorZerodha Brokerage CalculatorJM Financial Brokerage Calculator

JM Financial & Zerodha Other Charges Comparison

Other ChargesZerodhaJM Financial
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare JM Financial & Zerodha Offers

OffersZerodhaJM Financial
Free Demat AccountSR
Free Trading AccountSR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansSR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of Zerodha vs JM Financial

ServicesZerodhaJM Financial
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisorySS
PMSSR
Trading InstitutionSS
Trading ExposureUpto 28xUpto 7x

Compare JM Financial & Zerodha Research & Advisory

Research & AdvisoryZerodhaJM Financial
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewSR
Free Stock TipsSR
IPO ReportsSR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Zerodha vs JM Financial Exposure/Leverage

Exposure / LeverageZerodhaJM Financial
Equity DeliveryUpto 20xUpto 1x
Equity IntradayUpto 28xUpto 7x
Equity FuturesUpto 15xUpto 2x
Equity OptionsUpto 8xUpto 4x
Currency FuturesUpto 12xUpto 3x
Currency OptionsUpto 8xUpto 3x
CommoditiesUpto 17xUpto 2x
Margin CalculatorZerodha Margin CalculatorJM Financial Margin Calculator

Zerodha vs JM Financial Product Comparison

ProductsZerodhaJM Financial
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsSR
ForexSR
BankingSS
SIPSR
InsuranceSR

Zerodha vs JM Financial Trading Platform Comparison

Trading PlatformsZerodhaJM Financial
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRS
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRS
Multi Account ManagementRS

Zerodha vs JM Financial Customer Support

Customer SupportZerodhaJM Financial
Dedicated DealerSR
Offline TradingSR
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportRS
Toll Free NumberSS
BranchesZero50

Zerodha vs JM Financial Customer Complaints

Complaints (Current Year)ZerodhaJM Financial
Lodged in BSE1205
Resolved in BSE1175
Lodged in NSE897
Resolved in NSE857

Compare Zerodha with other Brokers & JM Financial with other Brokers

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Zerodha vs Tradebulls SecuritiesJm Financial vs Fyers
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Zerodha vs Way2WealthJm Financial vs Lkp Securities
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