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Zerodha Review 2024

Rated 4.5/5 by InvestorGain Team
Last updated on: 23-May-2024
Zerodha Review
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

Zerodha Review 2024 - Quick Summary

Zerodha is India's leading discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform.


Zerodha Top Highlight for 2024

  • Largest broker in India by active clients
  • Trade or invest in stocks, derivatives, mutual funds, bonds, G-secs, etc.
  • Revolutionary broker with Rs 20 flat pricing model
  • Zero brokerage equity delivery trading
  • Free trading account opening for customers under 25 years.
  • Commission-free investment in direct mutual funds
  • Easy to use yet feature-rich Kite trading platform
  • 3rd party platforms; Streak, Smallcase, GoldenPi, etc.

About Zerodha

Zerodha was founded in 2010 by the brother duo Nitin and Nikhil Kamath to provide traders with barrier-free trading at low-cost brokerage fees. It is India’s first discount broker with Rs 20 flat brokerage trading and the concept has attracted millions of users and makes Zerodha the largest stock broker in India. Let’s discuss in detail Zerodha Review 2024 to know why Zerodha is the best discount broker.

As a member of BSE, NSE and MCX, Zerodha allows you to trade in stocks, equity F&O, commodities and currencies. It also offers other investment products like IPO, direct mutual funds, bonds, G-Secs, etc.

Zerodha is the first broker to offer commission-free investments in direct mutual funds. All in all, no-cost investment in stocks (free equity delivery trading) and mutual funds, max Rs 20 brokerage on all intraday and F&O trades, and a super-fast and user-friendly trading platform makes Zerodha a top discount broker.

Its kite platform has many features for traders and investors, including multiple types of charts, multi-chart setups, trade directly from the chart, and hundreds of technical indicators. You can trade with Zerodha via the Kite mobile app or trading website. Coin is a platform for investing in mutual funds from Zerodha, to transact in direct mutual funds at absolutely Rs 0 brokerage.

Let’s dive deeper to learn about Zerodha account opening fees, the process to open a Zerodha demat account, brokerage fees, Kite and other platform features, customer care channels along with the quality of customer service and more.

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!

Zerodha Brokerage Charges - 2024

Brokerage and Commission Rated 4.5/5

Zerodha brought a revolution to the brokerage industry. It is the first broker to introduce the cheapest Rs 20 flat discount brokerage model. In this model, a flat fee is charged per trade executed, irrespective of the trade volume.

The concept has become very popular among traders and investors as it helps them save a lot of brokerage costs.

Under the flat pricing structure, Zerodha charges Rs 0 brokerage on investment in stocks (free delivery trading). However, a lower fee of 0.03% or Rs 20 per order is charged for intraday and futures trading.

All options trades are charged at a flat rate of Rs 20 for each order executed.

If you trade with Zerodha, you will have to pay a maximum of Rs 20 as brokerage. With no minimum brokerage fees and no hidden costs, Zerodha offers the most affordable trading services.

Zerodha Account Opening and AMC 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 2 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
Rating

Other Charges

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

Visit Zerodha Brokerage Charges page to check plans, fees, and taxes.

Use Zerodha Brokerage Calculator to know the exact brokerage charges applicable.


Investment Offerings - Zerodha 2024

Investment Offerings Compare Zerodha
Equity Cash and F&O Yes
Currency Deravitives Yes
Commodity Yes
Online IPO Application Yes
Mutual Funds Yes
Bond / NCD Yes
ETF Yes
Banking No
Insurance No
Forex No
MF SIP Investment Yes
Equity SIP Investment No
PMS Service No
Other Investment Options NIL

Type of Account offered by Zerodha

Zerodha allows both residents and NRIs to open a demat and trading account with. Here are the types of accounts offered by Zerodha;

Zerodha allows both residents and NRIs to open a demat and trading account with. Here are the types of accounts offered by Zerodha;

  1. Zerodha Demat and Trading Account
  2. Zerodha Commodity Trading Account
  3. Zerodha NRI Trading Account, Know more
  4. Zerodha Minor Account, How to open minor account?
  5. Zerodha Mutual Fund Account
  6. Zerodha NPS Account, How to invest in NPS with Zerodha Coin

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 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 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
Trading Platform - Zerodha 2024
Trading Platform Zerodha
Mobile Trading App Zerodha Kite App
Web Trading Platform Yes
Android Mobile App Yes
Android App Download Andriod Zerodha Kite App Download
iPhone Mobile App (IOS) Yes
iOS App Download iOS Zerodha Kite App Download
Web Trading Detail

Zerodha Kite Web

Mobile Site Yes
Trading Software Charges Free
Brokerage Calculator Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for zerodha

Kite by Zerodha is an in-house developed next-generation trading and investment platform. The Kite web and app platform is packed with innovative features and offers an outstanding user experience that makes it easy for anyone to use.

The platforms are the best suited for both beginners and experienced traders. Let’s review Zerodha Kite App and other platforms shortly;

Zerodha Kite Web

    Zerodha launched Kite website in 2015 and since then the platform has been updated many times. Kite 3.0 is the latest version of Kite Web which comes with improved performance, enhanced UI and UX and many innovative features.

    The lightning-fast and browser-based HTML 5 trading platform Kite Web is available in over 10+ languages. With one-click fund transfer, universal search bar, one-tap order placement, advanced charting with hundreds of indicators, drawing tools and advanced orders like cover orders and GTT orders, you will find it all on Zerodha Kite.

Zerodha Kite Mobile App| Android and iOS

Zerodha launched the kite app in 2019, combining speed, simplicity and elegance. And today, it is one of the best mobile trading apps in India.

The Kite mobile app's intuitive user interface with advanced trading tools caters to both passive investors and active intraday traders.

Some of the features of the Kite app are;

  • Trade on BSE, NSE, MCX, and MCX-SX
  • Create multiple market watch
  • Able to work on low bandwidth of less than 0.5 kbps
  • One-tap search for 90,000+ stocks and F&O
  • Access to 3 level data with 20 market depth
  • 6+ types of advanced charts with TradingView and ChartIQ charts
  • Place buy and sell orders directly on chart
  • More than 100 technical indicators and 19+ drawing tools
  • View upto 8 charts on a single screen
  • Invest in IPO using UPI at just a click
  • Integration with third-party apps Streak, Sentinel, etc
  • Safe & secure app with 2-factor authentication and biometric login

Trade on the go using Kite app on Android and iOS devices. With the Kite mobile app, you can trade in the equities, derivatives, commodities and currencies segments.

Zerodha Coin Mutual Fund Platform| App and Web

    Mutual fund is one of the most popular investment products today and the coin is the mutual fund investment platform by Zerodha. You can invest in direct mutual funds on Coin mobile app and web for free at no brokerage or Rs 0 commission.

    Zerodha coin platform allows all users to start a SIP or invest lumpsum money in any scheme of their choice. The platform has thousands of direct MFs available which saves 1-1.5% commission every year.

    You can view your mutual fund holdings in your Zerodha Demat account.

Zerodha Console Dashboard

    Console is Zerodha’s reporting back office or central dashboard where users can view their portfolio holdings in stocks and mutual funds.

    The console dashboard provides a detailed report of all your trades and investments. You can also place fund withdrawals and download various reports including P&L report, trade books and contract notes.

Zerodha Kite Connect API

    Build a full-fledged trading platform with Kite Connect API. Kite API is a set of HTTP/JSON APIs that allows you to execute orders in real-time, stream live market data, manage portfolios and much more.

    Zerodha API is not free and is charged at Rs 2000 per app per month.

Zerodha Varsity

    Varsity is a free stock market learning app from Zerodha. The app has several modules with detailed lessons and illustrations to learn stock market.

    Whether you are a beginner or an expert, you can download the Varsity app on iOS or Android to learn on the go.

Zerodha 3rd Party Trading Tools

Let’s brief Zerodha’s partner platforms;

  • Streak: Streak is an algo trading platform to automate your trades without coding knowledge. Users can create algo trading strategy, backtest them on historical price data, and execute their trades in real-time.
  • Smallcase:It is a thematic investment platform where every smallcase is a basket of stocks curated by experts. You can invest in any theme or idea of your choice and create a customized portfolio by selecting stocks of your choice.
  • Sensibull: This is a platform for options traders. It is India’s biggest options trading platform where options traders can view option chains, and open interest analytics, build option trading strategies, and execute them.
  • Golden Pi: It is the largest online platform to buy and sell bonds and debentures. The platform provides access to all bonds and debentures with real-time prices for investment.
  • Ditto: It is an online insurance platform that offers users the best insurance advice as per their requirements. Also, you can buy insurance policy including health insurance and life insurance on the platform.

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


Zerodha Trading Pros

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Zerodha Trading Cons

  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not offered by Zerodha
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

Zerodha Customer Care info

Zerodha helpdesk offers reliable and trustworthy customer service for questions about opening an account, account fees and other customer complaints. The discount broker offers customer service through all channels, including email support, customer care helpline numbers and online tickets.


Final thought about Zerodha

Rated 4.5/5 by 160 users

Trade on the best trading platform – Kite at the best brokerage rates (Rs 20 flat fee) with India’s best discount broker. Yes, whether you are new to investing or a high level intraday trader, Zerodha is the top broker for you.

For all traders, it provides advanced charting, TradingView charts, Trade directly from charts, hundreds of technical indicators and various third-party trading tools.

For all investors, it offers no cost investment in stocks and direct mutual funds, super easy to use Kite app and web platform, and an abundance of learning material on Varsity.

Request call back from Zerodha

Last updated on: 2024-05-23

FAQs

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 zerodha.com/account/bank
  • 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 zerodha.com/account/bank.
  • 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.

 

 

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, zerodha.com/open-account. 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 https://www.bseindia.com/) 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 zerodha.com/account/demat.
  • 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.

 

 

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;

  1. Login to console.zerodha.com.
  2. Click on Account and tap on Nominees.
  3. Click on Add nominee option.
  4. Now, enter the nominee details.
  5. You can add upto 3 nominees and allocate the percentage of share accordingly.
  6. Once nominee added, tap on continue.
  7. Agree to the terms & conditions and click on proceed.
  8. Click on Sign Now.
  9. Enter the aadhaar number of account holder and click on send OTP.
  10. Enter the OTP and verify it.
  11. Once the process is completed, the nominee will be added to your account within 5 working days.

 

 


Zerodha User Reviews

145. name Dec 09 2023 01:41:49 AM Reply
App is slow and doesnot work if there is huge volume in makret

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Average
Overall Experience - Very Poor
144. sairaj Aug 26 2023 12:50:50 PM Reply
can you tell me the exact STT charge for equity future intraday?
143. 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.
142. 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...
142.1. Paul Harrison Jun 29 2023 12:18:29 PM
Hello,

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

Thanks
141. 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?
141.1. 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.
140. 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.
139. Sam Oct 25 2021 10:31:19 AM Reply
Paytm money is batter
139.1. 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.
Regards
Amit Rathi
138. 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...
137. 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.