Title: Zerodha Brokerage Review 2018
1Zerodha Discount Brokerage Company Review
2(No Transcript)
3- Zerodha Brokerage Review
- There are two types of Stock broker in India.
- Full Service Broker
- Discount Broker
- Zerodha is Pioneer in discount broker concept in
India. In 2010 Mr. Nithin Kamath started small
company with few friends and staff. Nithin him
self successful Professional trader for over a
decade. He himself faced lot of problem as a
trader and investor So he started Zerodha with
vision of solve problem faced by investor and
trader in India. Zerodha name derived from fusion
of two words one from English ( Zero ) and
2nd from Sanskrit ( Rodha Barrier. ) like Zero
Rodha Zerodha ( Zero Barrier for trader and
investor ).
4- Few hurdle and problem faced by Indian Investor
and trader before Zerodha Started his venture. - High Brokerage.
- Transparency in Brokerage and other cost.
- Unauthorised trade by Relationship Manager
- Online Trading Platform Mobile Trading
Platform - Simple and understandable contract note and Back
office. - As Full service brokerage house charged premium
brokerage to their client. And their brokerage
depends upon case to case basis. No universal
slab for client. provide relationship manager who
manage portfolio on behalf of client. Full
service provide tips and research report but
dont bother to educate client about trading and
investment method.
5Zerodha started his Broking business
with Discount brokerage module where charges of
brokerage are same for all clients whether they
are big HNI client or small investor like student
or housewife. Zerodha moto is transparency with
this moto Zerodha is 1st broker in India. Who
provide Brokerage Calculator where you can check
brokerage as well as other cost before you can
trade. No Brokerage Target to Relationship
Manager mapped to you trading account. With this
Zerodha address unauthorised trade problem which
is biggest problem in Full service brokerage
house. Nithin knows very well that only Discount
Brokerage is not only way to help investor and
trader. technology innovation required for
successful trader and investor. Zerodha started
his business with NSE NOW software. Which
technically free for broker as well as client
end. But charting and other technical tool not
that adequate. Zerodha Lowest Discount
Brokerage Charges
6- Zerodha PI Desktop Trading tool Review
- Desktop base trading platform
- Multiple marketwatch
- Easy To use with Shortcut keys
- More then 100 Technical indicator
- Algo ready in built trading script EA
- Back Test with historical data
- Scanner to find best possible bet in market
- Trade from Chart directly
- EA library for Auto buy / sell signals Code
Backtest Take live. - Plug-in provided with AmiBroker, widely used
technical analysis software. Traders can use
AmiBroker in a semi-automated or fully-automated
way.
7- Zerodha Kite Web / Mobile App Review
- HTML 5 base trading platform with streaming
market data - A Elegant UI and simple to use interface.
- Universal Search menu. Easy to search trading
symbol - Browser Notification
- Customise market watch and dashboard
- Multiple chart window
- More then 12 types of charts
- 100 Technical indicator
- Shortcut key to use with keyboard
- In-build snap of fundament data to give you
company overview - Co BO with limit entry
- Kite Mobile IOS and Android easy to use and
with all features and much more
8- Kite Connect
- Super and simple trading APIs from Zerodha Tech
team - Build full-fledged trading platform with
HTTP/JSON APls - Mutual Fund APIs
- Trade from your favourite software directly
- Step By Step Guide how to select right Broker for
you - Q Quant Back office software Review
- Reporting tool Q that provides information on
trades, positions, capital management and tax
ready PL statements. - Quant, a sabermetric tool that gives statistical
information based on the clients trading style.
9- Educational Programme
- Blogs like Z-Connect, Zerodha Varsity
Trading QA and Pulse. - Z-Connect covered mostly all Zerodha and
Zerodhas software relate query - Z-Connect blog Taxation for Trader and Investor
top 10 Blog which covered all information on
taxation part. - Zerodha Varsity provide you in-depth knowledge
for new babies to professional trader. - Varsity is interactive blog where you can ask
your query to related topic and Mr. Karthik
Rangappa - how to read chart to how to read financial
balancesheet of company it covered all topics. - Trading Q A where you can ask any trading
related questions with Community member answers
your questions no promotion allowed - Pulse you can find best market news without
Ads - A contest called 60 Day Challenge. If a trader
is net profitable in a 60 day period, all the
brokerage charged to them is refunded.
10- Open Trade Realtime trades update from
profitable traders pick based on their trading
style and risk parameters - Give away at crowd.in Trader who guesses the
weekly closing figures in Nifty gets prize money
of Rs.1 lac. - Zerodha Headqueaters in Bangalore
- More then 23 major cities they have Branches
- Hyderabad (Andhra Pradesh), Mumbai , Navi Mumbai
( Vashi ) ,Pune (Maharashtra), Ahmadabad , Rajkot
, Surat (Gujarat), Delhi , NCR ( Delhi ), Chennai
(Tamil Nadu), Vijayawada (Andhra Pradesh), Hubli
(Karnataka), Salem (Tamil Nadu), Coimbatore
(Tamil Nadu), Kanyakumari (Tamil Nadu) and Kochi
(Kerala) many more - Client can open account online as well as offline
mode. Client visit any off zerodha Branch and
sort-out their trading query. - More then 1000 Customer Support Team ensure
fastest response in your regional language.
11- Co-located server allow you to fastest
broadcasting and streaming data with fastest
trade execution time. - World class Technology server and support put
Zerodha in Top of the list in Discount Broking. - Zerodha to have a whopping turnover to the tune
of Rs. 10000 Crore which accounts for 4 of NSE
total turnover. Highest Turnover company in
retail segment. - Zerodha have 7 lac active client base with this
Zerodha is not Top 3 stock broker in India. - Zerodha Trading Account review
- Trading Account
- Open an Instant Trading Account online with
Aadhar card.
12- The documents required to open an account in
Zerodha include - Aadhar Card
- Pan Card
- Address Proof Bank statement , Driving licence
( any one ) - Cancel Chq
- For trade derivatives, 1 copy of the following
documents is required Pay slip (latest), Form
16 / IT Returns (latest) and 6 month bank
statement (latest) - Offline Form
- The documents required to open an account in
Zerodha include - Aadhar Card
- Pan Card
- Address Proof Bank statement , Driving licence
( any one ) - Cancel Chq
13- For trade derivatives, 1 copy of the following
documents is required Pay slip (latest), Form
16 / IT Returns (latest) and 6 month bank
statement (latest) - The forms are filled and signed along with Rs.
200, a fee for opening the account, has to
couriered to Any of Zerodha Branch or the head
office at Bangalore. A period of 2 to 3 business
days is generally taken for processing and
creation of the trading account. - Zerodha intimates their customers about
successful creation of trading account through
email. It also provides the trader with the
username and password to access the trading
account online. - List of Top 10 Discount Stock Brokers in India
- Zerodha Demat Account Review
- Zerodha partners with CDSL to provide Demat
services to their customers. Traders have to send
their Demat account opening form along with the
Trading form to the Zerodha office.
14- Trading Account Opening Charges Rs.300 for
Zerodha forms and Rs.200 for printed ones - Commodity Account only Rs.200 for Zerodha forms
- DP charges are Rs. 8 per transaction
- Brokerage Charges Review
- Zero Equity Delivery Brokerage
- Equity Intraday 0.01 or Rs. 20 per trade
whichever is lower. - Equity Future 0.01 or Rs. 20 per trade
whichever is lower. - Equity Options 0.01 or Rs. 20 per trade
whichever is lower (on Turnover). - Commodity Future 0.01 or Rs. 20 per trade
whichever is lower. - Currency Future and Option 0.01 or Rs. 20 per
trade whichever is lower
15- Other Charges
- Call N Trade Charges Rs 20 Flat per Order.
- Contract hard copies cost Rs.20 with extra
courier charges whereas digital contract notes
are sent free of cost through email. - DP charges are Rs. 8 per transaction.
- Zerodha Fund Transfer
- Traders can transfer funds into their trading
accounts through the following methods. - Zerodha PI , Kite Funds can be transferred
from the linked bank account through Zerodha
softwares. The fund transferred will be
immediately reflected and individual transfer
charge is Rs. 9. - Zerodha Backoffice Q Funds can be transferred
from the linked bank account through the Zerodha
Backoffice. The fund transferred will be
immediately reflected and individual transfer
charge is Rs. 9.
16- NEFT/RTGS Funds can be transferred
electronically to the trading account from any of
the linked bank via NEFT/RTGS and there will be
no charges. Take 2-3 hr normally to reflect in
Trading account - Cheque Deposit Transfer funds by cheque to the
trading account from the linked bank account.
Traders are required to send the scanned copy of
cheque to Zerodha. Take 2- 3 business working
days - IMPS client transfer fund through IMPS and
upload statement in bank office takes approx. 2
hr to update - UPI Transfer funds instantly from any bank
account using UPI. Make sure to initiate all UPI
transfers from our payment gateway for the funds
to be updated to your Zerodha account instantly. - Compare Top 10 Stock Brokers in India
17- Fund withdrawals
- Traders can request a payout through the Zerodha
Backoffice Q. The withdrawal request will be
processed by RTGS/NEFT transfer. Fund withdrawals
are totally free of cost. - EQ/Currency is before 730 PM every day
requests placed before 730 will be honored the
next day. Requests placed after 730 PM will be
honored in two days. - Commodities is 900 AM every day requests
placed before 900 AM will be honored on the same
day. Requests placed after 900 AM will be
honored the next day. - Payout windows are closed on Saturday and Sunday
this means if you place a request on Saturday
or Sunday or after 730 PM on friday, it will be
honored only on Monday.
18- Margin Funding / Intraday Limites
- Zerodha offer upto 20 times limits in more then
150 stocks in Cash market with BO / CO order (
with stop loss ) . MIS product allow client to
take upto 7 times limits without stop loss - Zerodha offer upto 4 times limits in FO segment
in BO / CO product types. With MIS product client
take leverage upto 40 on script margin. - Zerodha offer Commodity 3 times limits in MIS
- Intraday products (MIS/BO/CO) square off timings
- Zerodha is not for traders And Investors if they
- Need financial advice from brokers
- Who looking for relationship manager who will
manage there account - Tips or technical call provider
- Require a Banking, Demat and Trading linked into
a single account.3 in 1
19- Zerodha is for Online Trader and Investor who.
- Looking for best discount brokerage service with
technology strong company - Who love to LEAR AND EARN theory. Zerodha
varsity , Trading Q n A - Zerodha Varsity Beginners in trading can
utilize the trading knowledge bank. - algorithm tool This tool is offered free of
cost to all customers, can be used to code the
technical trading strategies and test them. - Take the 60 day challenge. Brokerage is refunded
after 60 days upon success and a certification of
recognition is received from Zerodha along with
full time trader access. - Receive increased protection to open position as
the Bracket and Trailing Stop loss order is
given to traders. Zerodha is the first to provide
this offer in India. - Effectively use Trading qna Forum created by
Zerodha where the trading community interacts and
lot of questions and answers related to trading
can be found. - Compare Brokerage Companies in India
20CONTACT US
- Mob No- 07940325797
- 8866502020
- Timing- Monday to Friday
- 9.30 AM - 7.00 PM
- Address- 28, Genernal Bank Chamber Opp Munciple
Market Above kotak Bank C.G.Road Ahmedabad
India Gujarat 380009 -
Website- Investallign