Zerodha was incorporated in 2010. Zerodha is a Bangalore, India based Flat Fee Share Broker trading in Stock, Commodity and Currency Derivative. . It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower. Equity delivery trade is free. Maximum brokerage is Rs.20 for an order.
Zerodha Trader – This is an installable application powered by 'Omnesys NEST Trader' can be downloaded and installed on your computer. This is a fully functional trading terminal allowing fast execution of orders with real time monitoring. It is offered free of cost to all its traders.
Kite –This is a web based trading platform launched in November 2015. This can be used for trading on mobile, tablets as well as browsers. Traders can choose the language desired out of 10 inbuilt languages. The following are the languages available: English, Hindi, Kannada, Telugu, Tamil, Malayalam, Marathi, Bengali, Gujrati and Punjabi. It has advanced technical analysis charting with over 100 charting indicators and unlimited data for all stocks. KITE searches through 70,000 stocks across multiple exchanges.
Zerodha Mobile-A smart phone application for Android and BlackBerry users.This app allows customers to trade from their mobile phones.
Zerodha Pi - PI is zerodha's new and unique software featuring advanced charting, Algos, strategies, & back testing. It is offered free of cost to its customers. They have 10 chart types with over 80 indicators. Upto 50,000 candles can be used based on their system speed and configuration. They have inbuilt strategies and quick order entry screen, back test them and trade directly from chart.
Call & Trade -- Customers who are not online; can use Call & Trade service for an additional cost of Rs 20 per trader.
Zerodha online trading platform provides a plug-in for AmiBroker, the popular Technical Analysis Software. Based on individual techniques, trader can trade semi – automated or fully-automated way. The trader has to buy the separate license from AmiBroker to use this feature.
All Mutual Fund investments made through Zerodha are totally free from brokerage. No execution costs, or hidden fees. You only have to pay for the units of mutual funds you purchase, once purchased you can track the NAV of your mutual fund directly on the MF platform or Q. Trader can start investing in mutual funds in demat form along with stocks, ETFs, commodities, and currency with Zerodha.
Zerodha has an online order placement and confirmation facility for their clients to buy and sell mutual funds directly from their platform with just a few clicks. Zerodha's mutual fund platform is directly connected to the exchange. Only SEBI regulated mutual funds are available for investment through Zerodha.
Zerodha Charge / Fee Structure:
Zerodha also provide Demat account DP services. Zerodha's charges for demat account transitions are as below:
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Number of customer complained against Zerodha share broker. The Zerodha consumer complaints provide the summary of grievance which went to exchange for resolution.
* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.
** The total number of complaint received against the broker at the given exchange.
Date: 01 Dec 2015
Zerodha to offer brokerage free (Rs 0 brokerage) Equity Delivery Trades.
Date: 4th Sept 2015
Zerodha has launched its own DP business (Demat Account Services).
New Trading Account and Demat Account (T&D) forms, and only demat forms have both been updated on its website.
Zerodha will charge Rs 100 for demat account opening. The AMC is Rs 300, but we will collect it at end of the year.
Account opening fees detail:
DP charges: Rs 8 + Rs 5.5 (CDSL)
For all those clients who already have trading account with Zerodha and want to migrate to Zerodha demat account, demat forms are available in the download section of our website. No account opening fees for demat for existing clients. Clients with existing ILFS demat accounts can send a closure letter along with new Zerodha demat account opening forms.
Also from now, if someone is opening only T&D or T&D&C only one copy of PAN and Address proof is required.
Onboarding clients from now should be a much better user experience.