What are the brokerage charges for resident individual accounts at Zerodha? (2024)

FAQs

What are the brokerage charges for resident individual accounts at Zerodha? ›

Zerodha follows a fixed brokerage model wherein it charges a flat Rs 20 or 0.03% (whichever is lower) per executed order. It charges zero brokerage on equity delivery. The maximum brokerage chargeable per order is Rs 20.

Zerodha follows a fixed brokerage model wherein it charges a flat Rs 20 or 0.03% (whichever is lower) per executed order. It charges zero brokerage on equity delivery. The maximum brokerage chargeable per order is Rs 20.

PIS: 0.5% or ₹200, whichever is lower per executed order.

All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.

As you'd expect, this led to a lot of back-and-forth if there were any issues with a customer's paperwork. Opening an account had significant costs, and we had to charge an account opening fee to cover these costs. The other reason for charging an account opening fee was that maintaining each account also has a cost.

A resident Zerodha account can be used even after going abroad if the stay is less than 6 months. If it is more, a resident would be considered NRI, and the resident account would have to be converted to an NRO account, see Can an existing Zerodha account be converted to an NRI account?

What are the brokerage charges for resident individual accounts at Zerodha? No brokerage. 0.03% or ₹20, whichever is lower per executed order.

To avoid Delayed Payment Charges, maintain sufficient funds in the Zerodha account. Delayed payment charges are calculated on a daily basis and posted on the funds statement at the end of each month. The interest levied on the debit balance can also be checked on the interest statement on Console.

What is the disadvantage of Zerodha? ›

It is a good choice for beginner investors because of its easy-to-use trading platforms. As a drawback, Zerodha is only available to Indian residents, it covers only the Indian market, and it takes quite a long time and some actual paperwork to open an account.

There are no hidden charges while trading at Zerodha. To learn all the charges involved while trading and investing, visit zerodha.com/charges#tab-equities. To calculate the charges for a particular trade, visit zerodha.com/brokerage-calculator#tab-equities.

Yes, Zerodha is a legitimate stock brokerage firm in India. It is registered with SEBI, CDSL and all major stock exchanges in India. As with other popular brokers, Zerodha works under the regulations laid by SEBI and RBI.

Did you know? An Account Maintenance Charge (AMC) of ₹300 + 18% GST per year is applicable on the demat. This is deducted from the Zerodha account balance every quarter from when the account was opened.

Both Angel and Zerodha offer online flat rate brokerage of Rs 20 for Intraday and F&O. The equity delivery is available for free of charge with both. Zerodha has the best and most stable trading platform in India. It is a transparent, the lowest-cost, and simple broker.

Zerodha Demat Charges 2024. Zerodha is the Depository Participant (DP) with CDSL to allow customers to open a Demat account online. The demat account opening charge at Zerodha is Free while demat account maintenance charge (AMC) is Rs 300 PA charged on a quarterly basis (in every 3 months).

It relies primarily on technology to serve its consumers and has very few branches and offices. With the help of technology, Zerodha tables to scale and cut operational costs, allowing them to sustain massive profits despite offering low-cost trading.

Groww's app offers a more fluid and user-friendly experience, while Zerodha's Kite and Kite Web apps are more feature-rich and ideal for active traders. Generally, Groww's features are geared towards novices and those searching for a simplified investing experience with instructional resources.

You have three years from when the company closed to claim your money, stocks, and shares. The amount of money in your trade account is paid out. If you lost money, you might not get it back because there were still open spots or deals.