Are you looking for a stock broker that offers:
- Lowest brokerage charges
- Good customer support
- Best Professional softwares for trading
- Best FREE tutorials (Technical analysis and Fundamental Analysis Tutorials) and others.
- Have been well known among inverstors and is Indias number 1 broker…then..
You are at right place…
Best Stock Broker in India Stock
Zerodha is an Indian financial service company (member of NSE, BSE, MCX, MCX-SX) that offers brokerage-free equity investments,retail and institutional broking, currencies and commodities trading, and mutual funds. Founded in 2010, Zerodha is known for its discount pricing model and innovative use of technology. It is headquartered in Bangalore and has physical presence in all major Indian cities. As of 2017, it is the largest discount broker in India and contributes up to 5% of retail trading volume, on Indian stock exchanges, generating daily trading turnovers crossing $2 billion.
You may have come across many other Discount Brokerers Like Wisdom Capital, RKSV Security (UPSTOX), SAS Online, Trade Smart Online, TradePlus Online, Ventura Securities, Angel Broking, HDFC Security and many more…
But most preffered Choice remains to be Zerodha.. it is not because it is too Old or so, but due to
- Cheap Brokerage Rate
- Straight forward Charges ( No hidden Charges )
- Huge number of traders, thus Trusted by many (Contributes 5% to Daily trading in India)
- Latest Technology being adopted ( Tradeview Chart with best Indicators, Trend analyser that helps automatic decision, Pulse news for Business news from all newspapers, Stock Screener, Sensibull and much more )
How much brokerage does Zerodha charge ?
Zerodha is a Discount Broker – Fixed Brokerage Per transaction and it charges. Zerodha offers charges you 0.1% or 20 per order whichever is lower for delivery ( Stock that is not sold on the same day you have bought )and 0.01% or 20 Rs per order whichever is lower per order for intraday (Stock that is sold on same day you have bought). Pay attention to the phrase whichever is lower, that’s what makes zerodha different from others.
Though you will come across, many other platforms with Flat 9₹ or Fixed monthly 1000₹ but, trust me, they are not good for you. Because, if you are not a professional, who traders on daily basis, then you will end up loosing whole your money to Brokers.
Moreover, it is not recommended to trade and sell your Stocks on daily basis, as you will end losing money. So better invest in long term atleast 1-2 years.
In case you are interested in good money in no time then obviously you will have to do intraday trading, but for that you need to learn some concepts, thats where Zerodha Varsity comes in to play and make you learn for FREE.
Watch yourself What you can save for yourself Click Here
Which Stock Exchanges I can trade on with Zerodha?
Zerodha offers support trading at – NSE, BSE, MCX-SX and MCX.
Which all segments I can trade in with Zerodha?
Equity (Delivery,Intraday,Future and Option),Commodity,Currency
Most of the new investors asks about IPO processing, well you can do that Online from any Bank account, without opening any demat account with the same bank.
I will explain the complete detailed process with snapshots here. So, you need not to worry if you are with Zerodha.
HOW TO FILE AN IPO WITH ZERODHA FROM MY BANK ACCOUNT, though Zerodha have started providing direct IPO from their platform but still I prefer it from bank, as money remains safe in my bank account.
What are the Charges for opening Trading Account with Zerodha?
Zerodha offers charges of Rs 200 for self printed or Rs 300 courier form to open account.
Save Rupees 100 on opening Discount Right Now Click Here
Is there any monthly plans available with Zerodha?
No, Indeed it is not needed, as it is already cheap, and daily trading is not recommended as you will end up losing money. This is often seen in New traders going for Intraday and losing money 99% of the times.
What are the Brokerage Charges with Zerodha’s per segment?
Equity Delivery – Free
Equity Intraday – Rs 20
Equity Future – Rs 20
Equity Option – Rs 20
Commodity – Rs 20
Currency Derivatives (Future) – Rs 20
Currency Derivatives (Option) – Rs 20
Do Zerodha have Active Community for Help ?
Yes, apart from that you can always email zerodha support.
Does Zerodha offer Mutual Funds investment?
Yes; you can invest in Mutual Fund’s with Zerodha, Recently Zerodha have started offering Balance App to automate the process of SIP, Mutual funds and so on. Obviously, each time with your permission.
Will I be able to buy or trade Bonds and NCD’s with Zerodha?
No; you cannot trade in bonds and NCD’s with Zerodha as of now.