Competition is high in market, between Discount brokers, previously we have only Traditional brokers.
After introducing discount brokers in India, most of the clients shifted from traditional to discount brokers.
This percentages has been increased after demonetisation, i think this is good for Indian economy, people coming forward to invest in stocks and mutual funds.
As of now , there are only two top brokers
- Discount brokers : Zerodha and Upstox
People showing more interest towards discount broker like Zerodha and Upstox
- First discount broker in India
- No .1 and leading broker in India
- With 1.5 million clients
- 1500+ customer support
Awards and Recognition
- Best Retail Brokerage Firm form NSE for the year 2018
- Similar award form E&Y and Economic Times
Highlights of Zerodha
How Zerodha broker has become No .1 in India
- Free Equity Delivery : All equity delivery investments (NSE , BSE) are absolutely Free – Rs 0 brokerage
- Intraday and F&O trades : Flat Rs 20 or 0.01% (Which ever is lower ) per executed order, on intraday trades across equity , currency and commodity trades.
- Free Direct MF : All direct mutual fund investments are absolutely free – Rs 0 commission & DP charges
- Most awaiting option enabled , you can invest directly in IPO from zerodha
Unique Features of Zerodha:
- Zerodha is the first one to start the concept of discount brokerage in India and has the biggest customer base among all discount brokers.
- Rs. 0 brokerage for equity cash delivery trades and Rs20/ trade for equity cash intra-day/ futures & options / Currency / Commodity.
- For traders they have lot of portals like z-connect,varsity, pulse etc. All these a great portals but are not useful for all traders. So check if these meets your requirements.
- Zerodha is self-clearing member that’s why they have less Transaction Charges as compared to other brokers.
This broker is in top position because of above three points , which is the first to introduce these bumper offers .
- Equity & Demat = Rs 300
- Commodity = Rs 200
- Supported exchange : NSE, BSE, MCX, NCDEX
- Trading Platform : Kite web, Kite android / IOS , PI, Coin , Kite mobile
- Other Features : Direct Mutual funds , APIs
- Trading account opening fees : Rs 300
- Demat account opening fees : Rs 300
- Demat AMC charges : Rs 300
- Equity Delivery : Free
- F&O, Intraday : (0.01 % or Rs 20 per executed order , which ever is low)
- Minimum brokerage charges : Zero
First broker to introduce opening account online , with Aadhar OTP
Click here to open account instantly,Signup and open a Zerodha trading and demat account online and start investing
Second best is Upstox :
Upstox may be the biggest competitor for zerodha in future..
Bumper for from 1st to 30th September 2019, “Free Demat & Trading account “
Click here to open free account instantly Open a Demat Account Online
Founded in year 2008, Upstox was then known as RKSV and under the name it rose to become India’s leading high tech, algorithmic proprietary trading from executing actively across all exchanges. (NSE, BSE , MCX and MCX-SX).
- Raghu Kumar
- Ravi Kumar
- Shrinivas Viswanath
Number of Employees : 900 June 2019
- Pro Web : The strength of a desktop trading platform wrapped in your internet browser.
- Pro Mobile : A light weight platform in your hands that does everything that a desktop terminal should.
- Mutual Funds : Grow your wealth , match your investment portfolio with your financial dreams.
- Upstox Dev : Create your own apps with the Upstox developer console & help other trade.
- Live Chat : Get all your queries solved !! Just talk to us via live chat , phone or email us at [email protected]upstox .com.
- Highest rated trading app (4.4/5)
- Daily exchange turnover (Rs 15k crores )
- App downloads (2.5 lakh)
- Happy traders ( 1 lakh +)
Unique Features if Upstox:
- Uptox ranks on 2nd number after Zerodha. Upstox is Mumbai based Brokers.
- Rs 0 brokerage for equity cash delivery trades and Rs20/ trade for equity cash intra-day/ futures & options / Currency / Commodity.
- They have in house web and mobile trading softwate : Upstox PrO Web And App. It is fast and has better chart facilities.
- Their educational wing: Trade Academy is the best platform for learning Technical Analysis.
- All Equity investments are Zero brokerage, no hidden charges
- F&O, Intraday , Currencies and Commodities are Rs 20/- per order
Fast & hassle – free way to open an account ! Simply fill in your details , connect your bank account & upload your documents