In this article, we will cover in detail about Zerodha charges like their brokerage charges, account opening charges, transaction charges & more.
Zerodha is the largest stock broker in India that offers comprehensive opportunities to the investors and traders to trade in all market segments. Here, we provide you every Zerodha brokerage charges details. So, let’s get started.
Zerodha Brokerage Charges
This table gives you table about Zerodha brokerage charges:
|Brokerage Charges of 2019|
|Equity Delivery||Rs. 0|
|Equity Intraday||Rs. 20 per order|
|Equity Futures||Rs. 20 per order|
|Equity Options||Rs. 20 per order|
|Currency Futures||Rs. 20 per order|
|Currency Options||Rs. 20 per order|
|Commodity||Rs. 20 per order|
As per the above mentioned table data, we can state that the Zerodha brokerage charges for equity delivery is Zero i.e. Zerodha doesn’t charge anything for Delivery trades. For equity Intraday, equity futures, equity options, currency options, currency futures & Commodity it charges flat Rs.20 per trade.
Zerodha is one of the pioneer in Discount Brokerage model.
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Zerodha Account Opening Charges
Find below details regarding demat and trade charges of Zerodha:
|Account Opening Charges of 2019|
|Account Processing Charges||Rs.500|
|Trading Account Opening Charges [One Time]||Rs.0|
|Trading AMC [Yearly]||Rs.0|
|Demat Account Opening Charges [One Time]||Rs.0|
|Demat AMC [Yearly]||Rs. 300|
TO trade with Zerodha, you need to pay online account opening charges of Rs.300 for equity & Rs.200 for Commodity Trading. The Trading AMC is Free while Demat AMC is Rs.300 per annum.
Apart from Account Processing Fees, it doen’t charges any extra Demat or Trading Account Opening Charges. Everything is included in Account Processing Charges.
With Zerodha, Client can open his/her account without depositing any Margin Money.
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Zerodha Transaction Charges
Get detailed about Zerodha transaction charges:
|Transaction Charges 2019|
|Equity Delivery||NSE: 0.00325% and for BSE Rs. 1 per trade (each side)|
|Equity Intraday||NSE: 0.00325% and for BSE Rs. 1 per trade (each side)|
|Equity Futures||NSE: 0.00210% and for BSE Rs. 1 per trade (each side)|
|Equity Options||NSE: 0.053% and for BSE Rs. 1 per trade (each side)|
|Currency Futures||NSE: 0.00135%|
|Currency Options||NSE 0.044% Premium only|
|Commodity||Non-Agri: 0.0036% and for Agri: 0.00275%|
For equity delivery, equity Intraday the transaction charges 0.00325% for NSE & Rs.1 per trade in BSE
Equity futures, the transaction charges 0.00210% for NSE & Rs.1 per trade in BSE
For equity options, the transaction charges are 0.053% in NSE & Rs.1 per Trade in BSE
In case of Currency Futures & Currency Options, the charges are 0.00135% & 0.044% respectively
For Commodity, transaction charges for Non-Agri Segment is 0.0036% for Agri Segment it is 0.00275%
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Zerodha Other Charges
Find information about other charges of Zerodha:
|Other Charges 2019|
|SEBI Turnover Charges||0.0002% of Total Turnover|
|STT||0.0126% of Total Turnover|
|Stamp Duty||0.002% – 0.004% – Depends on State|
|GST||18% of (Brokerage + Transaction Charges)|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
|Account Closure Charges||Rs.60 per Segment|
Apart from above mentioned charges, Zerodha also charge the following charges.
The SEBI turnover charges is 0.0002% of total turnover charges and the STT charges that levied on each sides are 0.0126% of total turnover.
The stamp duty charges that vary from state to state lies between 0.002%- 0.004%. The GST charges levied by the government is 18% of ( brokerage charges + transaction charges). The broking house is 18%+ GST as a margin funding.
Zerodha clients can also close their account at Rs.60 per segment while they can reactivate it by paying Rs.50 per segment. The Dematerialisation charges are Rs.44.
Zerodha Brokerage Charges FAQ
Ques – Does Zerodha Charge Brokerage?
Answer – Zerodha does impose a brokerage fee on all of its clients. Well, there is a certain level of relaxation provided by the stock broker, i.e. the instrument Equity Delivery is free of brokerage. Clients are not required to pay any brokerage charge for investing in this segment, which is highly praiseworthy.
Ques – What is Zerodha Brokerage Charges?
Answer – This broker follows the pattern of flat brokerage charge. First of our focus must be on Equity Delivery, where the broker charges zero brokerage. On the other hand, all the remaining segments are provided for trading at a flat rate of Rs. 20 per order. This plan is absolutely cheap for the traders.
Ques – What is Intraday Brokerage of Zerodha?
Answer – If you want to invest in the intraday segment via Zerodha, you have to pay a charge of Rs.20 per order. Zerodha charges this flat rate for almost all the segment, excluding equity delivery. This rate makes it a cheaper option, especially if you are trading in large volumes.
Ques – What other Charges levied by Zerodha?
Answer – There are a bunch of other charges that are levied, apart from brokerage. There are account opening charges, AMC, margin amount, Transactional charges, SEBI turnover charges, STT, GST, margin funding, stamp duty and a lot more similar charges.
Ques – Is Zerodha a discount broker?
Answer – Yes, Zerodha belongs to the new era stock brokers, i.e. discount brokers with the intention to meet the shortcomings of stock market. They also aim at making stock broking cheaper, as a result of which, they opt a fixed brokerage charges patterns, a flat rate for all volumes and asset classes.
Ques – Does Zerodha have Free Delivery?
Answer – Yes, Zerodha does provide the facility of Free delivery and if you want to take delivery of shares, you will not be charge a brokerage for the same. This is one of the many offers that Zerodha provides to the investors, which making investing with this stock broker worth it.
Ques – How much Zerodha Charge for Options?
Answer – Options trading is gaining popularity and investors are turning towards it. There are two different segments in options, i.e. equity options and currency options. Investing in either of the categories attract the same amount of brokerage, i.e. Rs.20 per trade.
Ques – What are Zerodha Transaction Charges?
Answer – We have all the records of Transaction charges, which are taken on each and every trade. NSE: 0.00325% and for BSE Rs. 1 per trade (each side) is levied on delivery and intraday trading. NSE: 0.00210% and for BSE Rs. 1 per trade (each side) is for futures, NSE: 0.053% and for BSE Rs. 1 per trade (each side) is for options, NSE: 0.00135% is for currency futures, NSE 0.044% Premium only is for currency options and Non-Agri: 0.0036% and for Agri: 0.00275% is for commodity.
Ques – What is the Demat AMC in Zerodha?
Answer – If you choose Zerodha as your stock broker and choose to open an account with them, you have to pay a charge of account opening and AMC. AMC of Rs.300 is taken once every year, whereas the one time account opening charges is extremely free for all the new investors.
Ques – Is Zerodha Brokerage Free?
Answer – No, Zerodha is not free of brokerage, but there sure is a feasibility provided by this stock broker. The feasibility is for the segment Equity Delivery, where the brokerage levies no charge. Clients of this stock broker are expected to pay zero brokerage for trading in the segment Equity Delivery.
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