Zeroshulk Review, Brokerage Charges, Demat Account, Trading Platforms & more
Last Updated Date: Aug 28, 2023Zeroshulk is one of the well-known discount broker based out of Chandigarh. Let us have a detailed Zeroshulk Review & get good understanding of Zeroshulk Brokerage Charges, Zeroshulk Demat Account, Trading Platforms & more.
Zeroshulk Customer Ratings & Review
About Zeroshulk
Company Type | Private |
Broker Type | Discount Broker |
Headquarters | Chandigarh, India |
Founder | V K Joshi |
Established Year | 1985 |
Zeroshulk, started off under the banner V. Kumar & Co. back in 1985 and re-named the business to Zeroshulk Finance & Investment Pvt Ltd in 1996. Earlier it was known as Vikson Securities and has been in business for more than 30 years. In the last three decades, the discount broker has gone through various business transitions. But it gained the power after it marked its presence into commodities market in year 2003. In the year 2008, it achieved its membership of MCX stock exchange.
Zeroshulk offers low brokerage rate and zero account opening charges and zero charges for the first year of annual maintenance fee. Although, it claims to be in the business for 3 decades but it has failed to acquire enough number of clients as it has around 2000 plus active clients these days as per records.
Nowadays, it also allows you to trade in various market segments like equity, commodity, fixed deposits, insurance and few more.
It provides excellent trading platforms and uninterrupted trading and support services. Also provides a range of other tools that can help you improve your trading performance and make the maximum profits with minimal risks. Their energetic and intelligent team is organized by only two people but with the knowledge & experience that cannot be measured just by a headcount. Also, they always interact with the media and taking questions and feedback from the customers and then incorporate them in business practices.
Open Demat Account with Zeroshulk
Zeroshulk Brokerage Charges
Equity Delivery Trading | Rs.15 |
Equity Intraday Trading | Rs.15 |
Commodity Options Trading | Rs.15 |
Equity Futures Trading | Rs.15 |
Equity Options Trading | Rs.15 |
Currency Futures Trading | Rs.15 |
Currency Options Trading | Rs.15 |
Minimum Brokerage | Rs.15 |
Demat AMC Charges | Rs.300 per Annum |
Trading AMC Charges | Zero |
Margin Money | Zero |
Like most of the discount broker, zeroshulk charges flat brokerage per transaction. The Flat brokerage charge is Rs.15 per transaction. The brokerage house also has monthly brokerage plan.
Zeroshulk Brokerage Plan
Equity Delivery | Rs 15/Order or 1999/ Month |
Equity Intraday | Rs 15/Order or 1999/ Month |
Equity Options | Rs 15/Order or 1999/ Month |
Equity Futures | Rs 15/Order or 1999/ Month |
Commodity | Rs 15/Order or 1999/ Month |
Currency Options | Rs 15/Order or 999/ Month |
Currency Futures | Rs 15/Order or 999/ Month |
Zeroshulk Charges
Transaction Charges | 0.00325% of Total Turnover |
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) |
Charges like Transaction charges, STT, Turnover charges & others are very small in amount & doesn’t affect the overall ROI.
Zeroshulk Demat Account Opening Fees
Depository Source | CDSL |
Account Opening Charges | Zero |
Demat AMC Charges | 300 per Annum or 1420 for Lifetime |
Trading AMC Charges | Free |
Margin Money | Zero |
Offline to Online | No |
AMC Charges: Demat Rs 300 per year (Free for first year only), 750 for five years, 1420 for lifetime. For Commodity – Zero Charge (AMC Rs 300 from second year).
Zeroshulk Offers
Margin Money | Yes |
Free Demat Account | Yes |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | No |
1 Month Brokerage Free | No |
Holiday Offers | No |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
List of Zeroshulk Offers
- Open Free Demat Account
- Open Free Trading Account
- Zero Account Opening
- Flat Brokerage of Rs.15/trade
These are the list of Offers published by the broking house.
Get a Call back from Zeroshulk
How to Open Demat Account with Zeroshulk?
- Fill up the Lead Form: Click here
- Prospect will receive a call from sales team
- Appointment will be set-up as per prospects availability
- Sales person will visit the prospect
- Prospect will have to provide few information & documents like Aadhaar Details, PAN Details, Account Opening Fees & POA
- Account will be activated within 1 working day
This entire process takes 5 days to complete. Zeroshulk offers do it yourself account opening process.
Why Open Zeroshulk Trading Account?
- Account Opening process is very smooth
- Very smooth working Trading Platforms
- NIL charges for account opening
- Online presence is very efficient
- Allows investment in other asset classes like Mutual Funds, IPO, Bonds, etc.
- IT support from 8:00 AM till midnight 12:00AM
Zeroshulk Products & Services
List of Products & Services offered are listed below.
Zeroshulk Products
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | No |
Banking | No |
SIP | No |
Insurance | No |
List of Products Offered:
- Equity
- Commodity
- Currency
- Options
- Futures
- Mutual Funds
Zeroshulk Services
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Acount | No |
Intraday Services | Yes |
IPO Services | Yes |
Stock Recommendations | No |
Robo Advisory | No |
PMS | Yes |
Trading Institution | No |
Trading Exposure | Upto 20x |
Various services provided:
- Demat Account
- Trading Account
- Intraday Trading
- IPO Services
- Portfolio Management Services
- Trading Exposure – Upto 20x
Zeroshulk Research, Advisory & Stock Tips
Find the list of all details related to zeroshulk stock tips, research & recommendations.
Fundamental Reports | No |
Research Reports | No |
Company Reports | No |
Annual Reports | No |
Company Stock Review | No |
Free Stock Tips | No |
IPO Reports | No |
Top Picks | No |
Daily Market Review | No |
Monthly Reports | No |
Weekly Reports | No |
Offline Advisory | No |
Relationship Manager | No |
IPO Investment with Zeroshulk
- Open an Account with Zeroshulk – Fill this Form
- After Account Opening – Fill the Physical Company IPO form or you can fill the form online
- Client can apply upto Rs.15,000 worth IPO
- After Form Submission, Company raising IPO will roll out the shares in the market
- If the IPO is over subscribed, Lottery will be done for Share Offering
- IF the IPO is not fully subscribed, Everyone who has applied gets the IPO
Zeroshulk Exposure or Leverage
The broking company provides upto 20x exposure to their clients. Exposure varies on various parameters
- Clients Holdings (Trader client or high value client gets high exposure)
- Clients History (old client gets high leverage)
- Type of investment (Equity, Derivatives, Currency, Commodity)
- Company Scrip (High networth company has high exposure scrip)
Equity Delivery | No Exposure |
Equity Intraday | Upto 20x |
Equity Options | No Exposure |
Equity Futures | Upto 5x |
Commodity | Upto 5x |
Currency Options | No Exposure |
Currency Futures | Upto 5x |
Zeroshulk Trading Platforms
Zeroshulk provides Trading platforms for all types of devices & browsers. Let’s have a look at the various features & application of these trading platforms.
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | Yes |
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 | Yes |
News Flash | Yes |
Research Reports | No |
Easy Installation | Yes |
Global Indices | No |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | No |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi Account Management | No |
Zeroshulk App Review: Mobile App Based Trading Platform
Very secure app and easy to use and understand. The connectivity and speed of the app is very strong and is good for trading. You can download this app from the website or play store now.
Zeroshulk Trading Terminal Review: Desktop Based Trading Terminal
Easy to trade and modify the trading window that suits your needs. Good graphical representation for analysis market fluctuation. High speed platform and user friendly interface.
Zeroshulk Web Trading Platform Review: Web Based Trading Terminal
Helps you get connected with multiple stocks and several other tools required for trading using web-trading toggles by stock broking house.
Zeroshulk Customer Support
Dedicated Dealer | No |
Offline Trading | No |
Online Trading | Yes |
24*7 Support | No |
Support Number | 0712-5004000 |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | Zero |
Zeroshulk Complaints & Feedback
Find the list of complaints lodged against the broking house & resolved accordingly.
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 89 |
Resolved in NSE | 56 |
The Discount broker try to resolve any kind of client complaint within 7 days. But they end up taking more than 20-25 days, their feedback team doesn’t seem to be very proactive.
Zeroshulk Advantages & Disadvantages
Here are the list of pros & cons:
Advantages
- It offers low brokerage rate
- There is nil charge for opening an account
- Nice performance in various market variables
- Only voice, Chat and Email assistance available
Disadvantages
- It offers less exposure
- As Vikson Securities is emerged as Zeroshulk share broker will take some time in getting its brand credibility across India
- Lack of advisory
Zeroshulk Conclusion
Zeroshulk is quite an old investment house but their growth hasn’t been very good over the past years. The customer rating of the broking company is 5.6 of 10. Our critical experience into stock broking suggests that go with Zeroshulk if you have a good trading knowledge.
Open Demat Account
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