ZenMoney / Zen Securities Review, Brokerage Charges, Demat a/c & more
Last Updated Date: Dec 01, 2022Zen Money is the financial service offering group in the country. It offers investment and financial related services to all of its users.
In this write-up, we will discuss about Zen Money brokerage charges, offers, products, services, trading platforms, research & advisory, leverage etc.
ZenMoney Ratings & Review by Top10StockBroker
Experience | 2.9/5 |
Products & Services | 3.4/5 |
Brokerage Charges & Fees | 3.1/5 |
Stock Research & Advisory | 3.3/5 |
Trading Platforms | 2.9/5 |
Overall Ratings | 3.2/5 |
Star Ratings | ★★★☆☆ |
About Zen Securities / ZenMoney
The table chart provided below is detailing about Zen Money-
Company Type | Public |
Broker Type | Full Service Broker |
Headquarters | Hyderabad, Andhra Pradesh |
Founder | Pratap Kantheti |
Established Year | 1986 |
Zen Money is the most popular stockbroking house in India. It is a private full-service broker established in 1986 by Mr Pratap Kantheti. The headquarters of Zen Money is located in Hyderabad, Andhra Pradesh.
Open Demat Account with Zen Securities
ZenMoney / Zen Securities Brokerage Charges
The table chart given below is detailing about Zen Money Brokerage Charges-
Equity Delivery Trading | 0.36% |
Equity Intraday Trading | 0.04% |
Commodity Options Trading | 0.04% |
Equity Futures Trading | 0.04% |
Equity Options Trading | Rs.36 per Lot |
Currency Futures Trading | 0.04% |
Currency Options Trading | Rs.36 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.310 per Annum |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Brokerage Calculator | Zen Securities Brokerage Calculator |
Zen Money is one of the trusted and reliable stock broking houses available in India. It offers financial products and services at minimal brokerage charges.
It’s brokerage charges are normally charged according to the percentage of the transaction. The company charges 0.36% for equity delivery trading, 0.04% on equity intraday trading, commodity options trading, equity futures trading and currency futures trading.
It charges Rs. 36 per lot on equity options trading and currency options trading. Apart from that, the broking house charges Rs. 310 per Annum as demat AMC.
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ZenMoney / Zen Securities Other Charges
The table chart given below is detailing about Zen Money Other Charges-
Transaction Charges | 0.00310% |
STT | 0.0126% of Total Turnover |
SEBI Turnover Charges | 0.0002% of Total Turnover |
Stamp Duty | Depends on State (very minimal) |
GST | 18% of (Brokerage + Transaction Charges) |
Zen Money stockbroking house charges some other charges with brokerage charges. It’s other charges are customised as per the market value which is very minimal.
The company charges 0.00310% as transaction charges, 0.0126% of total turnover as STT charges, 0.0002% of total turnover as SEBI charges, stamp duty charges normal depends on the opted state. The company charges 18% of brokerage + transaction charges as GST.
The other charges structure of Zen Money is designed with nominal values which will not affect you portfolio.
Zen Securities / ZenMoney Demat Account Opening Fees
The table chart given below is detailing about Zen Money Account Opening Fees-
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.310 |
Demat AMC Charges | Rs.310 per Annum |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Offline to Online | Yes |
Zen money is the leading full-service broker offers account opening services to its customers at nominal charges. It’s depository source is CDSL & NSDL.
The company charges Rs. 310 for opening an account. It also charges Rs.310 annually for the maintenance of the demat account. Apart from that, the broking house is good at offering offline to online trading options to the customers for more convenience and satisfaction as well.
Zen Securities / ZenMoneyOffers
The table chart given below is detailing about the Zen Money Offers-
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | Yes |
1 Month Brokerage Free | No |
Holiday Offers | Yes |
Referral Offers | Yes |
Zero Brokerage for Loss Making Trades | No |
Zen Money is a renowned stockbroking of financial service providing company. It avails flexible financial products and services with amazing offers for the customers. The main aim of the company is to offer the easy and flexible trading experience to all the users. Here is the quick list of offers provided by the broking house-
- Users can open a free trading account with the company.
- It offers flexible brokerage plans with a discount on brokerage.
- The best thing about the company is it offers holiday and referral offers for satisfactory trading.
To know about offers of other stock brokers check below
How to Open a Demat Account with Zen Securities?
Demat account normally plays a vital role in protecting share, stocks, commodities, equities, derivatives. Without a demat account, users won’t be able to safeguard their shares electronically. Safeguarding shares electronically normally helps in making the right investment decision. Zen Money is the most popular and leading stockbroking house that enables users to open up a flexible and convenient demat account at just Rs. 310. If you want to open up a demat account with Zen Money, follow the below given steps-
- Initially, you will be required to fill up the demat form provided at the official website of Zen Money.
- Once you accurately fill up the lead then click on to the “Submit” icon in order to lodge it.
- As the company receives your demat form, it will give you a call for the completion of further process.
- After that, you will be required to upload your entire KYC documents including, identity proof, address proof, age proof, photograph and aadhar card.
- Once you successfully submit all the necessary documents and demat form then the company will call you for the entire verification process.
- Once the verification is successfully done then you will be able to access your demat account with ease and flexibility.
Why Open Zen Securities Trading Account?
Trading account is the most important aspect of trading. It is very useful when the user buys and sell stocks in the stock market. If you are planning to trade online then you should have a flexible trading account for easy trading. The trading account usually makes the trading process easy and simple. Zen Money offers a flexible trading account opening to the customers. Here are the benefits of opening up a trading account with Zen Money-
- The broking house allows users to open up a trading account for free.
- It offers flexible trading products and services to the customers for huge satisfaction.
- The company offers flexible brokerage plans also.
Get a Call back from ZenMoney
ZenMoney / Zen Securities Products & Services:
Here are the list of Products & Services provided by ZenMoney:
Zen Securities Products offerings
The table chart given below is detailing about the Zen Money Products-
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | No |
Forex | No |
Banking | No |
SIP | No |
Insurance | No |
Zen Money is greatly known in the stock market due to its financial products offerings. If offers qualitative and flexible trading products to all of its customers for easy trading. It eventually helps customers in buying and selling of equities and derivatives easily. It financial product offerings include-
- Equity trading
- Commodity trading
- Currency trading
- Options
- Futures
The above – given financial products are customised on the basis of customers requirements and needs. Users can make use of all the above-mentioned trading products to experience seamless trading.
Zen Securities Service Offerings:
The table chart given below is detailing about Zen Money Services-
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Account | No |
Intraday Services | Yes |
IPO Services | Yes |
Stock Recommendations | No |
Robo Advisory | No |
PMS | No |
Trading Institution | Yes |
Trading Exposure | Upto 6X |
Zen Money is the comprehensive foodservice broker available in India. It offers a huge variety of financial products with customised services. It is basically good at offering wide-range of services to all the customers in order to give huge satisfaction and convenience to them. Here is the quick list of services provided by the stockbroking house-
- Demat Services
- Trading Services
- Intraday Services
- IPO Services
- Trading Institution
Along with the above-given services, the broking house also offers trading exposure up to 6x to its customers for better trading.
Zen Securities / ZenMoney Research, Advisory and Stock Tips
The table chart given below is detailing about Zen Money Research & Advisory-
Fundamental Reports | No |
Research Reports | Yes |
Company Reports | No |
Annual Reports | No |
Company Stock Review | No |
Free Stock Tips | Yes |
IPO Reports | Yes |
Top Picks | No |
Daily Market Review | No |
Monthly Reports | No |
Weekly Reports | No |
Offline Advisory | Yes |
Relationship Manager | Yes |
The full-service broker believes in providing in-depth research and analysis to the customers. The research and advisory of the stockbroking house includes-
- The company usually offers detailed research reports to the customers so that they can trade easily in the stock market.
- Free stock tips and IPO reports are also provided for detailed analysis.
- The company offers offline advisory to the customers for their huge satisfaction.
- Apart from that, an experienced relationship manager is availed to the Zen Money clients so they can consult him/ her regarding any type of query.
Zen Securities / ZenMoney Exposure or Leverage
The table chart given below is detailing about Zen Money Exposure-
Equity Delivery | Upto 2X |
Equity Intraday | Upto 6X |
Equity Futures | Upto 2X |
Equity Options | Upto 2X |
Currency Futures | Upto 1X |
Currency Options | Upto 2X |
Commodities | Upto 5X |
Margin Calculator | Zen Securities Margin Calculator |
The wide-ranging stockbroker offers trading exposure up to 6x to its clients. It offers massive exposure or leverage in equity intraday and commodities.
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ZenMoney / Zen Securities Trading Platforms
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | No |
Mobile Site Platform | No |
Android App Platform | Yes |
iOS App Platform | Yes |
Windows App Platform | No |
Other Mobile OS Platform | No |
Real time Updates | Yes |
Portfolio Details | Yes |
Online MF Buy | No |
News Flash | Yes |
Research Reports | No |
Easy Installation | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | Yes |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi Account Management | No |
Zen Money is a highly renowned and comprehensive financial services broking house. It is good at providing flexible trading products and services with easy-to-use trading platforms.
It enables users to make use of trading platforms in order to experience superior trading. Trading platforms usually enable customers to make a robust investment portfolio. The trading platform of Zen Money is described below in detail-
Zen Trade- Internet Trading Platform
Zen Money is a trustworthy stockbroking industry serving financial services to customers for more than 20 years. It normally offers a wide range of financial and stockbroking services with superior quality.
The company has an extensive client base and its rapid ascent in the market is evidence to the unmatched quality as well as credibility of their qualitative services. It’s trading platform offers great user experience to the clients. Moreover, the Zen Trade platform is extremely very easy to operate.
Advantages of Zen Trade- Internet Trading Platform
The advantages of Zen Trade trading platform are listed below-
- Reliable, simple and easy to operate.
- Offers faster accomplishments and speedy price updates.
- It has integrated payment gateways- it enable users to transfer funds online from banks- HDFC, Axis, ICICI, Corp, Yes Bank, OBC etc
- It enables users to trade from branches or from the internet.
- Users can trade with the browser-based platform or Exe based.
ZenMoney / Zen Securities Customer Care
The table chart given below is detailing about Zen Money Customer Support-
Dedicated Dealer | Yes |
Offline Trading | Yes |
Online Trading | Yes |
24*7 Support | No |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | 380 |
Zen Money offers huge customer support to all of its clients. It offers offline and online trading support to the customers for huge convenience.
Apart from that, customers can have communication regarding any queries through emails. It has 380 branches all over India through which customers can easily resolve their queries.
Zen Securities / ZenMoney Complaints and Feedback
The table chart given below is detailing the complaints received by Zen Money last year-
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 1 |
Resolved in NSE | 1 |
Percentage of No. of Complaints Received Against Number of Active Clients | 0.03 |
The broking house received very few complaints last year and resolved all of them instantly. According to the table chart, the company has performed well in the stock market. The percentage of no. of complaints received against no. of active clients is 0.03.
Zen Securities Disadvantages:
Here is the list of disadvantages associated with Zen Money-
- Does provide 3 in 1 account opening facility to the clients
- Average trading service offerings
- Does not provide margin and brokerage calculator.
Zen Securities Conclusion
Zen Money is the most popular and leading stockbroking group offers qualitative trading products and services to the clients for huge satisfaction and convenience.
Along with products, it offers convenient and flexible trading platforms so that customers can easily trade in the stock and share market.
If you are in the search of trusted trading products offering company, go for Zen Money and enjoy using its qualitative products.
Open Demat Account with Zen Securities
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