Zerodha Trading / Online Trading – Review, Process, Benefits, Charges & more
Zerodha has been the game-changer in the online trading arena. With Zerodha Trading facilities, people who were afraid of the stock market before are now taking interest in it. Its huge heap of facilities and services for the traders and the investors are well sought for.
Zerodha has been tagged as the largest broker in the country by total active client base. Being a discount brokerage house, it has really cheap brokerage plans for the clients and trader and this is one of the most important reasons behind the huge clientele of the firm as well.
Here in this article below, we will discuss the various Zerodha Online Trading features, trading charges & brokerage plans. Apart from the same, we will also discuss the benefits that you will be getting when you trade on Zerodha’s platforms.
We will be talking about the trading platforms in the latter part of the article and the process of online trading and account opening as well.
Zerodha Trading and Benefits
There is a heap of benefits for using Zerodha Trading services and in this section of the article, we will be discussing the same.
- The first and foremost benefit of using the Zerodha Online Trading service is that you get to trade in bulk and pay charges in pennies. It refers to the very low brokerage charges which are charged by the firm as brokerage. You can trade any number of securities in a single order and still pay a very nominal fee which we will be discussing in the later section of the article.
- The second and another most important benefit of using Zerodha’s trading services is that you get to trade on the best trading platforms in the market at present. They, being the discount brokerage house have created trading platforms that are highly advanced in terms of technology and loads of features are there to assist you in your trading.
- They have various online stock market education programs that help the traders to learn new things about the market and for the new traders, it is extremely helpful.
- It also offers a three-in-one account which is a rare thing to expect from a discount brokerage house.
- They have all kinds of trading segments – equities, options and futures, and currencies and many others.
Open Trading Account with Zerodha – Fill up the Form Now!
Zerodha Trading Charges
|SEBI Turnover Charges||Rs 10 / Crore|
|STT||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
|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)|
|GST||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Margin Funding Charges||75% Margin|
|Reactivation Charges||Rs 20 per instruction|
|Account Closure Charges||Rs 25 per instruction|
|Dematerialisation Charges||Rs 30 per instruction|
|Pledge Creation||Rs 30 per request|
|Pledge Invocation||Rs 20 per ISIN|
|Margin Pledge/Unpledged/ Pledge closure||Rs 9 + Rs 5 per request CDSL fee|
|Margin Repledge||Rs 2 CDSL Fee|
The firm Zerodha has become so popular amongst the traders especially those who trade actively because of the Zerodha Trading Charges. The firm has a flat fee brokerage plan which we will discuss in detail in the next segments for each of the asset classes.
Apart from the brokerage that it charges for the trading services, there are some other charges that are levied while you trade. The charges include –
- Transaction charges are levied on the total turnover and the rate is 0.00325%.
- Then there are SEBI Turnover charges which are levied at Rs 10 / Crore of the total turnover.
- STT Charges is 0.0126% of the total amount of the transaction
- Stamp duty is also levied and it is as per the state you are trading from and it is super low.
- GST is also levied on the total amount of brokerage and transaction charges of an order.
Now, let us see the brokerage charges for individual segments or asset classes.
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Zerodha Delivery Trading
|Zerodha Delivery Charges|
For Delivery trades, the charges are nil. Yes, you heard that right, there is no brokerage charged for Zerodha Delivery Trading.
You can take delivery of shares as much as you want and need not pay any charges for those trades. However, the delivery of equities is only exempted from brokerage charges not delivery of another asset segment.
Zerodha Intraday Trading
For the Zerodha Intraday Trading service, you need to pay a flat fee of 0.03% or Rs. 20/executed order whichever is lower. So, if you are trading 1000 shares, you need to pay Rs.20 for the turnover and also Rs.20 for trading 1 lakh shares.
|Zerodha Intraday Charges|
|Equity Intraday||0.03% or Rs. 20/executed order whichever is lower|
Intraday trading is one of the most sought after services of the company. It provides huge exposure and other benefits to the intraday traders apart from these low brokerage charges.
Zerodha Option Trading
For the derivatives section, and for Zerodha Option Trading, the charges remain the same and it is Rs.20 for each trade you make. Whether you buy one lot or more in order, the brokerage that gets levied on the transaction is Rs.20 only.
|Zerodha Option Charges|
|Equity Options||Rs.20 per Trade|
For options traders, it is highly beneficial as most of the brokerage houses charge hefty brokerage charges for the options segment.
Zerodha Futures Trading
|Zerodha Futures Charges|
|Equity Futures||0.03% or Rs. 20/executed order whichever is lower|
Similar to the option trading, the charge for the Zerodha Futures Trading is 0.03% or Rs. 20/executed order whichever is lower. The firm has been charging this same price for every trade and for every segment.
Zerodha Currency Trading
The firm also provides currency trading facilities. For both types of Zerodha Currency Trading – currency futures and currency options, the brokerage is the same and it is 0.03% or Rs. 20/executed order whichever is lower.
|Zerodha Currency Charges|
|Currency Option||0.03% or Rs. 20/executed order whichever is lower|
|Currency Futures||0.03% or Rs. 20/executed order whichever is lower|
Here also the traders get the benefit as currency options carry high brokerage compared to other asset segments but with Zerodha you pay the same charge for any of the categories.
Zerodha Commodity Trading
|Zerodha Commodity Charges|
|Commodity Trading||0.03% or Rs. 20/executed order whichever is lower|
Being a discount brokerage house, it provides a commodities trading facility which is a rare sight. The Zerodha Commodity Trading charges are also 0.03% or Rs. 20/executed order whichever is lower and there are a lot of different commodities that you will find on the platform of this firm to trade.
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Zerodha Online Trading Process
Zerodha provides three types of accounts that are Demat, trading and commodities account. The Zerodha Online Trading facilities can be availed by opening all these three or Demat and trading account only.
Here is the process of Zerodha Online Trading –
- For opening account, you have to click on the button, which has “Open Demat Account” written over it.
- Fill the form that pop-ups on the screen
- Company executives will then call you up, and ask you to Submit a form along with the required documents online
- Wait for the verification process to get over and you receive the account login details.
- Now using the user id and the password you have received on your mail, you need to login to the Zerodha website
- In the website you will find the trading platforms which you need to download
Downloading and setting up trading platforms
- You have to download the trading platforms – terminal software, and mobile application
- Create the market watchlist by adding your favourite stocks
- Once you have created the market watchlist you can start trading
- Place an order by selecting the stock you want to trade
- You will find details of the stocks – current price, highs, lows, and others
- Click on BUY or SELL option, to place your order.
Zerodha Online Trading Platforms
Zerodha Online Trading Platforms are highly advanced and one of the most powerful ones in the market at present.
- This company offers Zerodha App which is known as the Zerodha Kite mobile application. It is a lightweight mobile application having various features. It is one of the most used mobile trading application.
- There is Zerodha Pi which is the trading terminal offered by the firm. It is the desktop trading software that offers high-speed trading and order execution, highly responsive and has a huge collection of technical and analytical tools.
- Zerodha Trader is also a terminal software based on the NEST platform. It is a customized version of the NEST trader. It helps the trader to trade various asset segments but it has the basic features for trading, unlike Zerodha Pi.
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|Indiabulls Trading||NJ Wealth Trading||Ventura Trading|
Zerodha Trading – Conclusion
Zerodha Trading services can be availed for such cheap brokerage charges is really pocket-friendly for the traders especially those who trade in bulk.
The Zerodha Online Trading facility is available on all the trading platforms they offer which are highly advanced. Being a discount broker, it has the largest active clientele and that speaks about its quality of service.
Zerodha Online Trading FAQs
Ques – Do Zerodha provide Online Trading?
Answer – Zerodha has taken the world of online trading by storm. People have started gaining interest and thrill in the area of stock market, solely because of Zerodha and its brilliance. It has an enormous range of facilities for every trader as well as investor, that allows to keep them a static balance.
Ques – What are the Charges in Zerodha?
Answer – First and foremost, the transaction charges are levied on the rate of 0.00325%. Then comes the SEBI Turnover charges which are levied at Rs 10 / Crore. Following this, is the STT Charge of 0.0126%, Stamp duty according to the State and GST as well as transaction charges on that particular order.
Ques – Do Zerodha provide Delivery Trading?
Answer – Zerodha does provide delivery trading. And the charges? Absolutely nothing as such. There’s no brokerage fee whatsoever to be levied on any transaction.
Ques – Is delivery trading Free at Zerodha?
Answer – Delivery trading is apparently free at Zerodha. They don’t charge you a penny for any turnover transaction. The delivery of shares is unlimited, and so is the happiness. Nevertheless, the delivery of equities is still taken from the brokerage fee.
Ques – Do Zerodha provide Option Trading?
Answer – Zerodha does provide Option trading in its firm. The charges aren’t that high which again makes you want to stay and do a subtle research on all the allowances this firm assures you.
Ques – What is Option Trading Charges at Zerodha?
Answer – Option trading charges at Zerodha is really low. It is only Rs.20 for each trade that you make. Whether or not you buy one lot, the brokerage fee that gets levied on its transaction has to be Rs.20, nothing more and definitely nothing less.
Ques – Do Zerodha provide Futures Trading?
Answer – Zerodha does provide Futures trading just like it does with the option trading. The Future trading is a similar 20 bucks for every trade that happens. This is the price, Zerodha has been charging for every other segment there is.
Ques – What is Futures brokerage at Zerodha?
Answer – It is a meagre 0.03% or Rs. 20/executed order whichever is lower for each and every trade that the client makes in the firm, regardless of the lots he/she buys. This has been going on for a long time and needless to say, Zerodha has been quite a performer and manager.
Ques – Is Zerodha safe for trading?
Answer – It goes without saying how safe and sound Zerodha is for trading purposes. Not only are they extremely cheap but also quick and worthy. It is available on all and every trading platform which is pretty advancing, to be fair. It has one of the highest digits when it comes to customer base and this itself speaks a lot about how efficient the firm is.
Ques – Do Zerodha provide Trading Tips?
Answer – Zerodha provides a lot of trading tips to all the newbies who are undoubtedly ecstatic to learn about the company and what they are getting themselves into. Zerodha has a lot of online stock market education programs that aid in their assistance. It also offers an account which is a rarity. Having all sorts of segments in their firm, Zerodha stands out as a pretty decent one.
Open Trading Account with Zerodha – Fill up the Form Now!
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