Guest User
Welcome! Please login.
Zerodha is a flat fee discount broker with a transparent brokerage structure at no hidden charges. It charges a fixed brokerage fee on per executed order basis, regardless of the size or quantity traded.
Zerodha brokerage charges for delivery is zero. Yes, there is absolutely no brokerage fee charged on investment in stocks listed on NSE and BSE.
However, brokerage charges for intraday and futures segment (equity, currency, and commodity) is – Rs 20 or 0.03% whichever is lower. If you’re an options trader, you will be charged at Rs 20 flat brokerage.
All in all, Rs 20 is the maximum brokerage fee charged when you trade with Zerodha. Open Zerodha account today for free and enjoy uninterrupted trading on Kite at Rs 20 flat fee.
The discount pricing plan by Zerodha helps both traders and investors to save a lot of brokerage.
| Trading Account Opening Charges | Free |
| Trading Account AMC | Free |
| Demat Account Opening Charges | Free |
| Demat Account AMC | Rs 300 PA (Free for 1st year) |
Visit Zerodha Brokerage Charges page to check plans, fees, and taxes.
Check and compare Zerodha charges with 5 close competitors.
Zerodha offers several types of account opening services, here is the list of accounts offered by Zerodha:
Note: Zerodha demat account maintenance charges is Rs 300, charged quarterly with Rs 75 + 18% GST.
Zerodha has a tie-up with Tijori, an investment research platform, to provide all the important events related to the stocks in your portfolio.
On Console dashboard, you will get all information such as the company’s quarterly results, upcoming board meetings, shareholding updates, corporate action updates (bonus issue, stock splits, buybacks, etc.), and many more.
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.
Note: Once the process is completed, the Zerodha customer service desk will verify all the details and documents. If everything is found appropriate, then your Zerodha account will get activated within 24 hours.
Detailed step-by-step guide to open free Zerodha Account online
| Android Trading App | Android Zerodha Kite App Download |
| iOS Trading App | iOS App Download |
| Web Trading Detail | Zerodha Kite Web |
| Trading Software Charges | Free |
| Detail | Detail on Trading Platforms for zerodha |
Zerodha’s core focus now is to break ground with its user-friendly technology. Yes, Kite is Zerodha’s in-house built online trading and investing platform. Power packed with advanced features yet embedded with sleek and elegant user interface.
Let’s review the most used features of Zerodha Kite, Coin, and other third-party platforms;
Zerodha Kite is among one of the best mobile trading apps in India. Kite is Zerodha’s flagship platform, available in web and mobile app mode.
The Kite platform has a simplistic and eye-catchy design with a host of features. The single platform enables you to trade and/or invest in multiple asset classes – equity, equity F&O, commodity, and currency.
Zerodha Kite features for Traders:
Zerodha Kite features for investors:
Is Zerodha Kite Safe? Yes, Kite is a safe platform to use which is protected with 2 factor authentication (2FA). Download the Kite App on Android and iOS Smartphones and trade in any segment at your fingertips.
If you’re interested to invest in mutual funds, then you have to use Zerodha coin (web and app) platform. Yes, Coin is a dedicated platform by Zerodha to buy and sell direct mutual funds of different AMCs. Mutual funds purchased on coin will be directly credited to your Zerodha Demat account.
Check out the reasons why Coin is the best platform for Direct mutual fund investment:
Get all important reports i.e, trade report, P&L report, and contract notes at one place on Zerodha console backoffice portal. Console central dashboard provides multi-dimensional insights on your trades and portfolio.
Let’s brief Zerodha’s partner platforms;
For a detailed review of the mobile app and download, please visit Zerodha Trading Platform Review
Zerodha API is a service by Zerodha that lets you connect your own application to your trading account to place orders and access market data programmatically.
It is mainly used for automated (algo) trading, building trading apps, and managing portfolios without using the regular trading platform.
In simple words:
| API Type |
|
| API Charges | Kite Connect API: Rs 500 per month Personal: Free |
Zerodha MTF (Margin Trading Facility) is a feature offered by Zerodha that lets you buy stocks by paying only part of the total amount and borrowing the rest from Zerodha. Zerodha offers upto 5x leverage on stocks.
List of eligible Stocks for MTF
How Zerodha MTF Works?
Key benefits with Zerodha MTF
Check MTF interest rates, segment leverage, pledge & unpledge charges, below:
| MTF Leverage | Upto 5x leverage on 1300+ stocks |
| MTF Interest Rate | 0.04% per day (14.6% per annum) |
| MTF Segment | Equity Delivery (NSE) |
| MTF Pledge Charges | ₹15 per ISIN |
| MTF Unpledged Charges | ₹15 per ISIN |
| Maximum MTF Funding | ₹50 crore per account |
Zerodha is the most popular discount broker in India, known for the low-cost trading and user-friendly trading platforms. Started in 2010 with a clear mission to offer barrier-free trading and investing experience to everyone and today, its disruptive brokerage model and the best-in-house technology have made Zerodha as the best stock brokers.
Zerodha has completely reshaped trading in India by introducing Rs 20 flat pricing model that made trading affordable and accessible. Its unbeatable pricing offering free equity delivery trading and intraday and F&O trading at Rs 20/order brokerage was a game changer. Not only in terms of prices but also its easy-to-use trading platforms, and wide range of products (equity, derivatives, currency, commodities, direct mutual funds, IPO, bonds, etc.) make it a great choice for beginners.
Kite is Zerodha’s online trading and investing platform to trade on NSE, BSE, and MCX. Simplified order placement, advanced charts, Trade from charts, multi chart setups, live streaming quotes – every feature is available on Zerodha Kite platform (web and mobile app).
The broker is continuously putting all the efforts to lead in terms of the best technology platforms, which is easy to use for beginners but also has all the advanced features for traders and investors.
The discount broker also has other platforms - coin (buy and sell direct mutual funds), and varsity (stock market education platform). It also offers third-party platforms like Sensibull (Options Trading Platform), Tijori (Investment research platform), Smallcase (Thematic investment), ditto (insurance platform), and others.
Zerodha is the most reputed broker when it comes to client satisfaction due to its customer-centric services. Well, if you have any queries related to account opening, trading, or how to trade using Zerodha platforms, you can find all of them answered on the Zerodha support portal in terms of FAQs. If not answered, you can call the Zerodha support desk or raise a ticket online, or write an email.
The stock broker also has 75+ branches and partner offices across the country.
| Zerodha Customer Care Phone Number | "+ 91 80 4040 2020" |
| Zerodha Customer Support Email | [email protected] |
| Zerodha Knowledge Center | https://zerodha.com/varsity/ |
Zerodha is one of the most respected discount broker in India. Over the years, it has gained trust with transparent pricing, zero hidden charges, and feature-rich platforms to beginers and experts alike.
For investors, no cost account opening, free equity, IPO, and mutual fund investment, and low-cost brokerage trading services on user-friendly platforms make it a great broker.
While traders will love the incredible features offered by Zerodha, like trade from charts, multiple charts with hundreds of indicators, and partnership with option trading platform (Sensibull), algo trading platform (Sensibull) etc.
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.
Yes, Zerodha provide APIs through Kite Connect platform. Its API is available as:
Personal API is for individual traders to place orders, view holdings, and track positions without access to real-time and historical market data.
Kite Connect API with access to market data is available at Rs 2,000/month w.e.f. February 2025.
Key features:
No, Zerodha does not give trading tips, stock recommendations, research and advisory services.
However, Zerodha offers useful tools and resources to users:
Yes, Zerodha offers margin trading facility. The feature allow customers to buy higher value of shares than the funds available in their trading account.
Zerodha offers upto 5 times exposure or margin on intraday trading. There is no margin offered on delivery trades.
Zerodha Kite is a trading and investment platform offered allows to buy and sell shares and securities, and analyze and manage portfolios. Kite by Zerodha can be accessed on any browser Android, iOS, and iPad mobile devices.
Standout features:
Is Kite Zerodha free? Yes, Zerodha does not charge any fee to use Kite platform for trading.
Zerodha account is a combined equity trading and demat account, used to buy and sell shares and other instruments.
Zerodha trading account: This account allows you to trade and invest in stocks, derivatives, and mutual funds on the Kite platform.
Zerodha Demat account: Shares you purchased are delivered to your Zerodha demat account.
Zerodha allows free account opening to all its users.
BO ID in Zerodha stands for Beneficial Owner Identification. It is a unique 16-digit demat account number to your Zerodha account.
BO ID Breakdown
BO ID, is a mix of Zerodha’s DP ID and unique client ID or client code.
It is mandatory to add a nominee to your Zerodha account. You can add nominee online in your Zerodha account using console backoffice. Follow these steps to add a nominee in Zerodha online;
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.
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.
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.
The bank will be changed within 48 working hours of submitting the request.
Yes, you can open Zerodha’s account online via visiting the link, zerodha.com/open-account. For an online account opening, your mobile number must be linked to your Aadhaar.
Zerodha offers many free features to users like:
Zerodha other charges:
MIS (Margin Intraday Square off) and CNC (Cash N Carry) are the two types of orders in Zerodha.
Zerodha Margin Intraday Square off MIS orders
MIS is an order used for intraday trading where a trader must close all the positions on the same day. As a trader, if you want to buy and sell stocks on the same trading day to make profits from short-term price movement, an MIS order should be placed..
Zerodha Cash N carry CNC orders
CNC order is used for delivery-based trading where shares purchased are delivered to your demat account within T+1 day. It means when an investor wants to purchase shares to hold them for longer period i.e., more than 1 day, CNC order is used.
MIS Order Vs CNC Order: Key Differences
| MIS Order | CNC order | |
| Meaning | Buying and selling the same day | Buy stocks, take delivery in your demat account, and then sell them |
| Purpose | Get profit from short-term price fluctuations | Intention to make profits in long run. |
| Holding Period | 1 Day | More than 1 day |
| Leverage | Upto 5x margin on intraday trading in Zerodha e.g. if you have Rs 2,000 in your trading account, you can place MIS orders for Rs 10,000 because of 5 times margin available. | No margin on delivery trades, 100% upfront money is required If you want to invest Rs 10,000, you must have the amount in the Zerodha trading account. |
| MIS Sell order/td> | You can sell shares (intraday) without even having them in your demat account, and buy them later at a lower price to make profit, it is called short-selling. | More than 1 day |
| Square off | All MIS (intraday) positions must be closed before market closure. If not done by 3:20 PM, Zerodha will auto-square all open MIS positions at a fee. Auto-square off charges: Rs 50 per order | CNC orders are carried forward. Shares bought today are transferred to your Zerodha demat account within T+1 day. |
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.
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 |
Shares bought today but not yet settled and credited to your demat account the next day, are classified as t1 holdings in Zerodha.
In India, the settlement cycle is t+1 day means shares bought today will be credited to your Zerodha demat account next working day (t+1).
In Zerodha, you cannot use the sale proceeds from t1 holdings (before delivery) on the same day. Funds are available for trading on the next trading day.
e.g.
On T day i.e., 14 April, you bought 100 shares at Rs 100, worth Rs 10,000.
On T+1 day i.e., 15 April, you sold shares at Rs 11,000.
100% Funds will be released next day i.e., 16 April.
If your MIS positions are in loss, and you expect shares prices to increase next day, you can convert your MIS (intraday positions) to CNC (delivery trades).
Things to Remember:
