Zerodha vs Karvy – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Zerodha vs Karvy. Zerodha is a 5 star discount broker based out of Bangalore while karvy is a 3 star full service broker based out of Hyderabad. Lets have a detailed comparison of both the stock brokers.

Zerodha vs Karvy

In 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

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


Now let’s Compare Karvy & Zerodha

Overview of Zerodha & Karvy

OverviewZerodhaKarvy
Company TypePrivatePublic
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaHyderabad, India
Founder Nithin Kamath, Nikhil Kamath, Dr.Kailash NadhC Parthasarathy
Established Year20101983

Zerodha vs Karvy Customer Ratings Comparison

Customer RatingsZerodhaKarvy
Experience8.7 / 108.3 / 10
Products & Services9.4 / 108.2 / 10
Brokerage Charges & Fees9.5 / 108.1 / 10
Stock Research & Advisory9.6 / 108.5 / 10
Trading Platforms8.5 / 108.3 / 10
Overall Ratings9.14 / 108.28 / 10
Star Ratings★★★★★★★★★☆
Total Client Reviews58934117

Zerodha vs Karvy Demat Account Comparison

Demat ServicesZerodhaKarvy
Depository SourceCDSLCDSL
Account Opening ChargesRs.200Free
Demat AMC ChargesRs.300 per AnnumRs.500 per Annum
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineSS

Karvy vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaKarvy
Equity Delivery TradingRs 0 (Free)0.1% – 0.3%
Equity Intraday TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.01% – 0.03%
Commodity Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.01% – 0.03%
Equity Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.01% – 0.03%
Equity Options TradingFlat Rs 20 per executed order (on Turnover)Rs.10 – Rs.30 per lot
Currency Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.01% – 0.03%
Currency Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs.10 – Rs.30 per lot
Minimum BrokerageZeroPercentage of Transaction
Demat AMC ChargesRs.300 per AnnumRs.500 per annum
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Brokerage CalculatorZerodha Brokerage CalculatorKarvy Brokerage Calculator

Karvy & Zerodha Other Charges Comparison

Other ChargesZerodhaKarvy
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnover
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover ChargesRs 10 / Crore0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare Karvy & Zerodha Offers

OffersZerodhaKarvy
Free Demat AccountSR
Free Trading AccountSS
Discount on BrokerageRS
Trading Happy HoursSS
Flexible Brokerage PlansSR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRS
Zero Brokerage for Loss Making TradesSS

Compare Services of Zerodha vs Karvy

ServicesZerodhaKarvy
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisorySS
PMSRR
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare Karvy & Zerodha Research & Advisory

Research & AdvisoryZerodhaKarvy
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewSR
Free Stock TipsSS
IPO ReportsSR
Top PicksSS
Daily Market ReviewSS
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Zerodha vs Karvy Exposure/Leverage

Exposure / LeverageZerodhaKarvy
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorZerodha Margin CalculatorKarvy Margin Calculator

Zerodha vs Karvy Product Comparison

ProductsZerodhaKarvy
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSS
BankingSS
SIPRR
InsuranceSS

Zerodha vs Karvy Trading Platform Comparison

Trading PlatformsZerodhaKarvy
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
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 AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRR

Zerodha vs Karvy Customer Support

Customer SupportZerodhaKarvy
Dedicated DealerSR
Offline TradingSR
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportRS
Toll Free NumberS1800 419 8283
BranchesZero110

Zerodha vs Karvy Customer Complaints

Complaints (Current Year)ZerodhaKarvy
Lodged in BSE220210
Resolved in BSE217185
Lodged in NSE189165
Resolved in NSE185143

 


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