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Zeroshulk 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.Stock Broker Complaints

Zeroshulk Customer Ratings & Review

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

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    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

      Fill Your Details Here

      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:


      • 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


      • 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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