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Zerodha Review 2023

Rated 4.5/5 by InvestorGain Team
Last updated on: 3-Nov-2023
Zerodha Review
  1. Ranked #1 Broker in India
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

Zerodha Review 2023 - Quick Summary

Zerodha is the game-changing discount broker with the concept of an Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, the superfast Zerodha Kite app, and web trading platform, the largest active clientele base, and quick & reliable customer service have positioned Zerodha as the country's largest or number 1 discount broker.

Zerodha Top Highlight for 2023

  • ~63 Lakh+ active customer base with over ~20% market share.
  • Pioneer of Rs. 20 flat discount brokerage model.
  • Zero Brokerage Delivery Trading.
  • Open Zerodha Trading & Demat Account Instantly online at zero paperwork.
  • First discount broker with a free direct mutual fund platform on Zerodha Coin.
  • Excellent and superfast platforms; Zerodha Kite web and app-based online trading platforms.
  • Highly responsive and quick customer service.

About Zerodha

Zerodha is the first-ever discount broker that has brought a revolution in the Indian brokerage space by introducing Rs. 20 flat pricing model. Established in 2010, Zerodha is now the most popular and leading discount brokerage company in India with a market share of over 19%. Zerodha tops the list of best discount brokers with a Rs. 20 flat brokerage pricing model, brokerage-free delivery trading, and zero brokerage investments in direct mutual funds. Zerodha is one of the cheapest discount brokers that offer a lower fee of Rs. 20 per order or 0.03% on equity intraday, equity derivatives, commodity, and currency trading segments while it offers Rs. 0 brokerage fee on investments in equities.

Not only the low-cost brokerage trading, but also the technologically advanced, super-fast, and excellent Kite trading platform with easy-to-use functionality offers Zerodha customers an ultimate unforgettable experience to Zerodha customers. Zerodha Kite platform is available in the browser-enabled website and mobile app versions for Android and iOS devices. Zerodha's Kite platform provides a complete charting solution for traders by offering 6+ types of charts, multiple chart views, trading from the chart, more than 100 technical indicators, and 19+ drawing tools.

Zerodha is also the first broker to launch a free direct investment fund platform, “Zerodha Coin” on the web and app. The Coin platform allows customers to buy and sell thousands of direct investments for free, at zero brokerage fees or commissions. It also has a console reporting dashboard and third-party trading tools such as Sentinel (price alert tool), Streak Algo trading platform, and Sensibull options strategy platform.

The broker offers excellent, superior, and reliable customer service via a helpline number, customer support email, and support portal, where clients can create tickets online to resolve their queries. Scroll down the page for Zerodha Review 2023, including an overview of the Zerodha online account opening process, account opening fee, Zerodha brokerage charges, trading platforms, mobile app features, and Pros and cons.

Zerodha Promotion Offer

Current promotion offer from Zerodha for InvestorGain Visitors:

  • Free Delivery Trading
  • Max Rs. 20 per order brokerage on intraday,F&O,Commodities and Currency
  • Free Direct Mutual Funds and IPO Investment
  • Kite & Coin - Number one Trading platform and Mobile App

Open Instant Zerodha Account Now!

Request call back from Zerodha

Zerodha Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 4.5/5

Zerodha is a revolutionary name in the Indian brokerage space with a Rs. 20 flat brokerage plan. The discount broker has one of the lowest cost pricing models that charge Rs. 20 or 0.03%, whichever is lower, for intraday trades and offers free investments in the company's stocks at zero fees.

Zerodha Account Opening Charges

Trading Account Opening Charges: Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)
Trading Account AMC: Free
Demat Account Opening Charges: Free
Demat Account AMC: Rs 300 PA

Zerodha Brokerage Plan with closest competitors

Here we are comparing Zerodha with its 5 close competitors, who are currently market leader in brokerage industry.

Broker Zerodha 5paisa Upstox Fyers Paytm Money
Service Type Discount Broker Discount Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 20 Rs 20 Rs 20 Rs 20 Rs 20
Account Type 3 in 1 2 in 1 3 in 1 2 in 1 2 in 1
Equity Delivery Free Flat Fee Rs 20 2.5% or Rs 20 whichever is lower Free 2.5% or Rs 20 whichever is lower
Equity Intraday 0.03% or Rs 20 whichever is lower Flat Fee Rs 20 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 20 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 20 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower NA
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA

Other Charges

  • Call & Trade Charges: Rs 50 Per Executable Order
  • RMS Auto Square Off Charges: Rs 50 Per Executable Order
  • Hidden Charges: No

For complete brokerage charges and trading plans detail please visit Zerodha Brokerage Charges.

Please refer unique and accurate Zerodha Brokerage Calculator

Type of Account offered by Zerodha

Indian residents, as well as non-resident Indians (NRI), can open an account in Zerodha at Rs. 0 minimum deposit. Here is a quick review of who can open an account with Zerodha stock broking firm.

  • Zerodha Trading Account

    A trading account in Zerodha facilitates users to place buy and sell orders in different segments; equity, equity futures & options, and currency. The discount broker charges no AMC on its trading account. Investment in stocks with Zerodha is Free. Customers can add or transfer funds to the Zerodha trading account using UPI, Net banking, or NEFT/RTGS/IMPS facility. Fund Transfer via UPI in Zerodha is Free but it charges Rs. 9 payment gateway charges on funds transferred via net banking.
  • Zerodha Demat Account

    Zerodha is a CDSL depository participant to allow users to open Zerodha Demat Account. The discount broker offers a free Demat account at Rs. 0 charges while Rs. 300 annual maintenance fee is charged on a quarterly basis. All securities like shares and mutual funds purchased will be transferred to the Zerodha Demat Account.
  • Zerodha Commodity Trading Account

    Zerodha is a registered MCX trading member to provides commodity derivative trading services to customers. The broker charges Rs. 100 commodity trading account activation fee to enable commodity futures & options trading segment. Zerodha charges Max Rs. 20 per executed order brokerage on MCX trading.
  • Zerodha Mutual Fund Account

    Once you have opened Zerodha 2-in-1 account, you will have open access to the Zerodha Coin platform to buy and sell thousands of direct mutual schemes of top AMCs for free at nil brokerage fees. Zerodha mutual fund account is Free and allows customers to start SIP and invest lumpsum money in their choice of the direct mutual fund.
  • Zerodha NRI Trading Account

    NRI clients can open a PIS (Portfolio Investment Scheme) or non-PIS NRI Trading & Demat Account in Zerodha. Zerodha’s NRI account can only be opened only offline by submitting the duly filled NRI account opening along with a set of documents to the Zerodha’s head office address. A PIS account requires permission from one of its partner banks; IndusInd, HDFC, IDFC First Bank, Axis, and Yes Bank) whereas a non-PIS account does not require such permission. NRI can link a PIS account to NRE or NRO bank account but a Non-PIS account can only be linked with an NRO account.
  • Know more about NRI Trading

How to open Zerodha Account online?

Zerodha Account Opening process is a 100% digital, online, and paperless process that allows you to open a Demat cum Trading account instantly within a few minutes.

Steps to open Zerodha Demat and Trading Account online;

  1. Head to Zerodha Website, and tap on the Sign up Now!
  2. Zerodha Signup: Enter your mobile number and 6-digit OTP to signup.
  3. Enter your name and email ID, and verify it by entering the 6-digit OTP sent to the provided email address.
  4. Now, enter your PAN number, and DOB as per PAN, and proceed.
  5. Pay Zerodha Trading Account Opening fees, equity: Rs. 200 and equity + commodity: Rs. 300.
  6. Sign in to government authorized Digi Locker account to allow Zerodha to automatically fetch your details, and documents online.
  7. Add bank account to Zerodha Trading account by providing the bank account number, and IFSC code.
  8. Read all the instructions and click on the checkbox.
  9. Complete Zerodha in-person verification using webcam by holding a white plain paper with OTP (displayed on screen) written on it.
  10. Upload all documents i.e., PAN card, canceled cheque, Aadhaar card, signature, photo, and income proof that is only required to trade in the derivatives segment.
  11. Digitally sign the Zerodha account opening form by entering the aadhaar card number and the OTP received.

Note: Once the process is completed, the Zerodha customer service desk will verify all the details and documents. If everything finds appropriate then your Zerodha account will get activated within 24 hours.

  1. Free Demat Account
  2. 100% Free Delivery Trade
  3. Online Account Opening

Alternatives to Zerodha

 Demat Account
 Demat Account
 Demat Account
 Demat Account

Zerodha Mobile App and Trading Platforms

Trading Platforms Rated 4.5/5

Zerodha offers its clients Kite flagship trading platforms through its web and mobile app versions. It also has a dedicated Zerodha Coin investment platform for mutual funds. Take a look at the features of the Kite platform offered by Zerodha.

  1. Zerodha Kite Web

    Kite Web by Zerodha is one of the most popular HTML 5-enabled browser-based trading platforms. The lightweight Kite Web platform is compatible with all browsers and can be used across various devices such as laptops, tablets, mobile phones or desktops. Zerodha's Kite website offers users unbeatable simplicity and convenience when trading and investing in equities, derivatives, commodities and currencies.
  2. Zerodha Kite App

    Zerodha Kite app is India's best mobile trading app with user-friendly functionality, smart interface and ease of use. The tech-focused Kite app can work even with low internet bandwidth and is the best-performing app in terms of speed. The Zerodha Kite mobile app offers traders and investors an excellent charting package solution with ChartIQ and TradingView charts, 6+ chart types, Trade from the chart, more than 100 technical indicators and 19 drawing tools. The Kite app allows clients to trade at their fingertips using their mobile devices on Android and iOS systems.
  3. Zerodha Coin Web and App

    Coin is Zerodha's investment platform for mutual funds, available in Coin Web and Coin Mobile App versions. The coin is an absolutely free direct mutual fund platform with no brokerage fees, commissions or subscription fees and even offers a free redemption feature. The platform offers direct mutual fund schemes of 40+ reputed and popular mutual fund companies including Axis, HDFC, SBI, Mirae, Edelweiss, and Aditya Birla. You can choose your preferred scheme among thousands of open-ended direct schemes and start SIP or invest lumpsum money in one go. When you invest in direct mutual funds on Coin for free, you save up to 1% commission every year.
  4. Zerodha Console Back Office

    Console is Zerodha's centralized reporting dashboard that provides access to all reports, including P&L reports, portfolio insights, trading history, fund transfer history, and tax-ready reports. The Console Reporting Backoffice allows clients to apply for IPOs online through UPI at zero charges. Customers can access the console reporting dashboard by using Kite login credentials.
  5. Zerodha 3rd party trading platforms

    • Zerodha Sentinel Price Alert Tool

      Sentinel by Zerodha is a free price alert tool that allows customers to create an unlimited number of alerts. Once the alert is triggered, users are notified immediately. Customers can create simple alerts, complex alerts, longstanding alerts, multi-leg F&O strategies and SIP alerts for stocks.
    • Zerodha Smallcase

      Smallcase by Zerodha is a thematic investment platform that allows you to build a long-term diversified portfolio in an investment idea or theme of your choice. There are more than 500+ readymade Smallcases available. However, you can also create a customized smallcase portfolio by selecting stocks of your choice.
    • Zerodha Sensibull

      Zerodha Sensibull is an options trading platform that offers traders different options trading strategies depending on their requirements. Sensibull by Zerodha platform has many features like option strategy research, strategy wizards, virtual trading, and custom strategy builder to allow clients to create their strategies.
    • Zerodha Streak

      Streak by Zerodha is an algo trading platform that performs three functions: creating your algo trading strategy, backtesting, and executing the algo strategy on real trades. The Steak algo trading platform does not require in-depth programming and coding knowledge.
    • Zerodha Stockreports

      Get comprehensive stock, market and sector-oriented research reports on 3000+ Indian stocks. Stockreports+ ratings, including industry ratings, proprietary ratings, etc. are updated regularly to provide the latest and most realistic research reports.

For detail review of mobile app and download please visit Zerodha Trading Platform Review.

Zerodha Trading Pros

Trading with Zerodha brings multiple benefits or advantages, an indicative list is as follows;

  • 0 brokerage on delivery trades.
  • Max Rs. 20 brokerage on intraday and F&O trades.
  • Open Zerodha IDFC First 3-in-1 Account (Demat + Trading + IDFC First Bank).
  • Zero brokerage investment in direct mutual funds on Coin.
  • 100% online account opening and account closure facility.
  • Apply for IPO (Mainboard IPO and BSE SME & NSE SME IPO) online for Free.
  • Kite superfast and feature-rich web and app trading platform.
  • No upfront fee or commitment.
  • Zerodha Varsity, a free stock-market learning platform for beginners.
  • Zerodha offers NRI Trading services.
  • Free UPI-based hassle-free fund transfer process.
  • Advanced order placement facility; bracket order, cover order, and after-market order.
  • Zerodha GTT (Good Till Triggered) order feature.
  • Zero minimum deposit.
  • No hidden charges.
  • Zero-level Debt Company.

Zerodha Trading Cons

Despite many advantages, there are following drawbacks while trading with India's leading discount broker, Zerodha

  • Zerodha doesn’t offer intraday trading tips, recommendations, research, or advisory facility.
  • High call & trade charges of Rs. 50 per executed order.
  • High auto square-off charges of Rs. 50 per executed order.
  • Lifetime Zero Demat AMC account is not available.
  • Zerodha does not provide Free Unlimited Monthly Brokerage Plan.
  • The 3-in-1 account opening facility is only available with IDFC First Bank.

Zerodha Customer Care info

Zerodha Helpdesk provides reliable and trustworthy customer services for account opening issues, account charges related issues, and customer grievances. The discount broker offers customer services across all channels including email support, customer care helpline number, and raising tickets online.

Final thought about Zerodha

Rated 4.5/5 by 159 users

Open a Zerodha account now and start a hassle-free online trading and investing journey with India's best broker with the best trading platforms and brokerage charges. Within a short span of time, Zerodha has set a benchmark for a maximum client base that declares Zerodha a clear winner in the discount brokerage space. The low-cost brokerage fees, easy-to-use trading platform, and varsity-free stock market education platform make Zerodha a great broker for beginners. Moreover, Zerodha is the most recommended broker to invest in direct mutual funds at Rs. 0 investment and redemption charges.

Request call back from Zerodha

Last updated on: 2023-11-03


All the equity delivery trades through Zerodha are absolutely free. Zero brokerage for any equity delivery. For all equity intraday trades, the brokerage charge is taken as 0.03% or Rs 20 whichever is lower.

The same charge rate is also applicable for Futures and Options (Both intraday and Overnight trades). Here is a list below.

  • 0 Brokerage- On all equity delivery trades
  • 03% or Flat Rs. 20 Brokerage - On all Futures and options along with equity, currency, and commodity trades.
  • 0 Commission- For investing in Mutual funds through COIN Zerodha.

You can also refer to the list of charges given by Zerodha here. They also provide a Brokerage Calculator that can be used to calculate the brokerage charge upfront.



Yes, Zerodha provides the free Mutual fund investing platform called “COIN”. You can choose any mutual fund to invest in out of thousands of Mutual funds. The best thing is they provide direct mutual funds which are always cheaper than any Regular Mutual fund.

In a regular Mutual fund, you have to pay a higher expense ratio because of the involvement of distributors. In a Direct mutual fund, there is no middle man distributor commission and orders directly go to the AMC, so a low expense ratio.

You can invest in mutual funds categories such as equity, debt, liquid, Hybrid funds, Fund of Funds, and Index funds through COIN-Zerodha.



Yes, you can add another secondary bank account to Zerodha through the online bank addition process. Through a secondary bank, you will be able to add funds but not withdraw them to the secondary bank. The withdrawal amount is always credited to your Primary bank account.

To add the bank online, follow the below-mentioned steps.

  • Visit
  • In the console Account section, click on “Bank”.
  • Click on ”Add bank account”.
  • Enter the Account number and IFSC code details.
  • Then choose the email id or mobile number to receive the OTP.
  • Once you enter the OTP, click on “verify”.

Your new bank account will be added in 48 working hours.



You can change your primary bank account as well as add a secondary bank account through Zerodha via online mode.

To change your bank follow the below steps.

  • Visit
  • Or you can click on “Bank” in the Account section.
  • To change your Primary bank account you can click on the “Modify bank account option” which shows as a pencil option.
  • To add a secondary bank account, you have to choose the” Add bank account” option.
  • While changing the primary bank account, enter the account number, and IFSC code, and proceed to esign.
  • Once the esign is done by verifying the OTP, the change request will be sent to Zerodha.

The bank will be changed within 48 working hours of submitting the request.



You have to change your registered bank account offline if you fall into the below three categories.

  • If your Zerodha account is not linked to Aadhaar.
  • If you are a secondary holder in your Bank account.
  • If you are adding a non-individual account. (Corporate/HUF/Partnership) account.

To change the bank account in such a case you have to send the Account Modification Form along with any of the below documents.

  • Personalized Cancelled cheque
  • Bank statement (self-attested copy)
  • Bank Passbook statement (self-attested copy)

Account Modification Form can be downloaded from this link.



Yes, you can convert all your equity MIS/intraday positions to CNC/Long term. The position will be carried forward after you place the conversion request.

You have to maintain sufficient margins for the conversion, or you can convert partially. Only buy MIS positions can be converted to CNC, fresh short-sold positions can’t be carried forward in the equity segment.

To convert MIS to CNC, open the “positions” tab, click on the “options” then click on Convert.



When you buy any shares, it takes two working days to settle at the exchange. Until the stock is settled at the exchange it shows in T1/T2 holding.

You can sell the stocks while they are on the T1 or T2 settlement day. You have to go to holdings, click on exit and then click on sell.

However, for some stocks, BTST (Buy today and Sell tomorrow) feature is not available, when they fall into the trade-to-trade category or ASM/GSM stage.

  • ASM (Additional surveillance measures)
  • GSM (Graded surveillance measures)



Generally, the hacking of your Zerodha account is impossible if you don’t share your login credentials with anyone else.

To login into Zerodha, you have to enter the user name- password- Pin. So it is secure if you don’t share the password and pin with any near one.

Now the exchange is making TOTP mandatory from 30th September 2022, because of the increasing fraudulent activities. With TOTP activated it becomes very secure to trade in your broker's account.



Yes, you can open Zerodha’s account online via visiting the link, For an online account opening, your mobile number must be linked to your Aadhaar.



Currently, Zerodha is India’s most profitable broker. Its financials are far ahead of any of its competitors. The company is with Zero debt and never raised any outside funding till now. The company has the largest client base in India because of the trust it generated among its clients. The business model is very sound and never takes any unnecessary risks.

If for any unfortunate circumstances the company goes bankrupt, then also the shares that you would have bought are very safe at its depository “CDSL”.



You can find the details to contact Zerodha at this link. If you are an existing customer in Zerodha then you have to contact them on the below number

  • 080 4718 1888 / 1999
  • 080 7190 9543 / 9545

If you are opening a new account, then you can contact them on the below details.

  • 080 4719 2020
  • 080 7117 5337

Otherwise you can always raise a ticket from the Zerodha Support portal describing your issues there. They will respond to you within 24 working hours via email.



The dividends are credited to your Primary Bank account linked to Zerodha. It might take 30-45 working days from the record date for the dividends to be credited to your bank account.

If you have not received the dividend within that time period, you might have to contact the RTA of the respective company for further information. You can find the details of the RTA/Registrars in the exchange website (e.g in the “Corp Information” section.



Yes, Zerodha offers free equity investing and free investing in direct mutual funds. The brokerage charge taken for equity investments in Zerodha is Zero. However, if you do intraday trading or futures and options you have to pay brokerage which is lower compared to other brokers.

Zerodha provides India’s largest free mutual fund investment platform with zero commission.



As per Zerodha’s official website, it started its operations on 15th August 2010. They pioneered discount broking in India. They were the first to come up with a flat brokerage model in India. Now the company is India’s largest brokerage firm in terms of revenue and client base.



You can find the details like DP ID, BO ID, Demat Id, etc on your console. To do so follow the below steps.

  • Visit
  • Or in console go to Accounts section and click on “Demat”.
  • You will be able to find the DP ID there.

The DP ID is the identification number given to the depository participant. Zerodha is itself a depository participant.



You can see your support code/telephone code in Kite app by visiting Profile> Manage account>View support code.

On the web, you can visit Myprofile>view(support code). While calling the Zerodha Customer support line from your registered mobile number, it will ask you to enter the support code. Once you enter the support code it will connect to one of their executives.

If you call from an unregistered mobile number, you have to enter the registered mobile number followed by the support code.



Zerodha was founded by Nitin Kamath and his younger brother Nikhil Kamath in the year of 2010. Zerodha contributes to 15% of all Indian trading volumes and largest broker in the country now.



There are many reasons why Zerodha is the best broker to open a Demat account.

  • Best user interface:- Zerodha’s trading platform, KITE is very popular with Indian traders. Most of the clients who trade in Zerodha love their platform and recommend it to others. That's why Zerodha gets most of its clients through word of mouth.
  • Most trusted and stable broker:- As per Zeordha’s latest financials it is the most profitable broker in the industry. Zerodha's net profit is much higher than any of its near rivals.
  • Cheap Brokerage:- Zerodha offers one of the cheapest brokerage deals to its clients. The charges are very transparent and mentioned on their website. Zerodha was the first in the Indian broking industry to provide a flat brokerage model. It provides free equity and mutual fund investing.
  • Education and Service:- Zerodha is constantly educating its clients through various initiatives like Varsity, Zconnect, and trading QnA. In spite of being a discount broker, Zerodha offers good customer support service, for its clients.



Your account fund balance might show negative because of various possible reasons. Each is mentioned below.

  • Account Maintenance charge(AMC) is deducted from your account. Which is deducted quarterly.
  • You might have bought shares with all the available margin not leaving any balance for deduction of Govt taxes and brokerages.
  • Overutilization of collateral Margin. You should maintain at least 50% of the funds from cash for taking any futures and options position.
  • MTM loss:- If you have any open futures and options positions, which are settled on an MTM basis. So if you incur any losses they will be deducted from your available cash, so the balance may become negative.



The yearly maintenance charge (AMC) is the charge that you pay to maintain your Demat account with your broker. Zerodha deducts the AMC charges quarterly.

The AMC charge is “0” if your account is a BSDA account( Basic Service Demat Account). For the BSDA account, the condition is you need to have only one Demat account and the holding value including stocks, mutual funds, and bonds should be less than 2 lakhs.

For the Non-BSDA account, the AMC charge is as below.

Account type Quarterly Charges Per year
Individuals, HUFs, and partnership firms Rs75 + 18% GST Rs300 + 18% GST
NRIs Rs125 + 18% GST Rs500 + 18% GST
Corporates, i.e. LLPs and private & public companies Rs250 + 18% GST Rs1000 + 18% GST



You can not invest in foreign stock exchanges through Zerodha. Currently, they don’t have that feature. But you can always invest in international mutual funds through Zerodha.



When you buy any shares, it takes two working days to settle at the exchange. Until the stock is settled at the exchange it shows in T1/T2 holding.

You can sell the stocks while they are on the T1 or T2 settlement day.

However, for some stocks, BTST (Buy today and Sell tomorrow) feature is not available, when they fall into the trade-to-trade category or ASM/GSM stage.

  • ASM (Additional surveillance measures)
  • GSM (Graded surveillance measures)



When you sell your shares from holding, you receive 80% that day and 20% the next trading day morning. The 20% of the sold value which is blocked, gets reflected in your delivery margin section on the fund's page.

You can use that 80% sold value the same day for trading and investing purposes.



Yes, there can be a peak margin penalty in BTST trade, if the ad-hoc margin for that particular stock is increased by the exchange. BTST trade means buying something today and selling the same next day or the day after tomorrow before the settlement of shares.

Suppose the Adhoc margin is increased in the stock you purchased because of volatility or some other reasons, so the exchange will start blocking extra funds if you sell the share on BTST basis. If you don’t have sufficient margin at that time in your available funds, this might lead to a penalty. You can check the list of stocks here on the Zerodha website, which might cause a BTST penalty because of increased Ad-hoc margin.



Zerodha User Reviews

143. sairaj Aug 26 2023 12:50:50 PM Reply
can you tell me the exact STT charge for equity future intraday?
142. Keri Jul 14 2023 01:26:57 AM Reply
As far as I’m concerned, Zerodha’s technical base is wack
Zerodha has made it mandatory for every customer to open a Deamt account. For investments in mutual funds, no demat account should be necessary. By making it mandatory they are forcing customers to open demat account and charge. I have exhausted all options to speak to their senior management with no avail, hence this review. All potential customers need to watch out. My best decision was moving my investment back to benarmstrong trades, where I have recover my losses with no restrictions. Zerodha should learn.
141. SURAJ May 13 2016 11:49:40 PM Reply
is zerodha provides exposer on Delivery, also when i transfer money from my bank to zerodha, what is the charges? how many total company listed with zerodha where exposers can be used...
141.1. Paul Harrison Jun 29 2023 12:18:29 PM

We offer Swift MT760 BG/SBLC, FC MTN, BCL, DTC, KTT, EUROCLEAR, Bank Draft, Letter of Credit (LC), MT103 Etc.

N/B : Provider’s Bank move first.

Let me know if you have any need for the above offers.

Name: Blessed

140. AMIT DAS Apr 03 2022 06:06:14 PM Reply
i bought 1500 shares of ONGC @159.00 on 30/03/2022, through the zerodha platform. but no feedback on whether the application was rejected or shares alloted. any idea, forum members & zerodha friends?
140.1. Vinay Jain Apr 05 2022 10:53:45 AM
PLease visit Zerodha Consol > Reports > Tradebook

Select the date and see your transaction. In case you have not received your holding, you must have done an intraday trade.
139. Best Trading App Mar 31 2022 01:31:26 PM Reply
India has one of the highest household savings rates in the world; the Indian stock market is still in its infancy. Here is the List of Top 10 Mobile Trading Apps in India. You must check out fundamentals about the app and invest with the best share market app.
138. Sam Oct 25 2021 10:31:19 AM Reply
Paytm money is batter
138.1. Amit Rathi Nov 23 2021 11:09:10 AM
Hello Sam,
I have an account in Zerodha and recently I opened an account for my wife in Paytm Money. After using both the services, I can say Zerodha is far better than Paytm. This is my personal preference, but from an account opening to start trading, I feel Zerodha is must better than any other broker. That's why they are number one and holding this position for a long time.
p.s Please don't think that I am doing marketing for Zerodha. This is my personal liking.
Amit Rathi
137. RK Sep 16 2021 12:00:37 PM Reply
Delayed Notifications from Kite by Zerodha. Almost gave me a stroke.

I bought and sold a lot of ONGC shares today. After 10 minutes I receive notification MIS SELL COMPLETE - ONGC .
I was like man did I forget to cancel the pending stop loss order.
I open the Kite app I see nothing like that. The notifications were just delayed. Phew...
136. Pankaj Jul 31 2021 02:30:12 PM Reply
I''m using two (Zerodha & ICICI) direct both are best at their end, own pro & cons in both where Zerodha charge 0 brokerage on equity other side you have to take plan in ICICI to reduce brokerage.
135. Sumit Jul 13 2021 09:30:35 AM Reply


Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average
134. Bhushan Jul 08 2021 02:45:21 PM Reply
How to Close / Exit a triggered GTT order , where SL is triggred, Target price shows as Dormant...there is no EXIT option in GTT ZERODHA...plaease gude