Zerodha Brokerage Charges and Transaction Charges
Zerodha Track Record Of Best Online Stock Broker In India
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4.2
Company Rating
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75+
Cities Covered
-
5 Lacs+
Orders Per Day
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20 Cr Lacs
Daily Turnover
-
3+ Million
Our Client Base
-
4.5
Mobile App Rating
-
4.2
Company Rating
-
75+
Cities Covered
-
5 Lacs+
Orders Per Day
-
20 Cr Lacs
Daily Turnover
-
3+ Million
Our Client Base
-
4.5
Mobile App Rating
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Zerodha Account Opening Enquiry
Zerodha Brokerage Charges, Fees, Transaction Charges 2021
Zerodha is the biggest stock broker in India in terms of the highest active clients. Zerodha was founded by Nitin Kamath, the CEO of Zerodha. They started their operations from 15th August 2010 in Bangalore. The only motive on which Zerodha focused on was to break the barriers that traders and investors usually face in terms of cost, support, technology and other trading platforms. The Zerodha pricing structure and in-house technology successfully stands out and this makes it the largest and popular stock broker in India.
Zerodha’s motive is to meet the requirement of their customers. Thus, it provides its customers with various advance online platforms, least brokerage. This broker is considered as one of the transparent stock brokers in India.
Zerodha Brokerage Charges
Customers have to pay commission (brokerage) when buying or selling stocks through Zerodha. Zerodha brokerage charges for Equity, commodities and currency derivative trading. This stock broker provides Zerodha Brokerage Calculator and Zerodha Margin Calculator to make it easy for the customers to calculate the brokerage and margin.
Zerodha Brokerage Plan
Segment | Brokerage Charges |
Equity Delivery | 0.03% or ₹20 per executed order whichever is low |
Equity Intraday | 0.03% or ₹20 per executed order whichever is low |
Equity Futures | 0.03% or ₹20 per executed order whichever is low |
Equity Options | Flat ₹20 per executed order |
Currency Futures | 0.03% or ₹20 per executed order whichever is low |
Currency Options | 0.03% or ₹20 per executed order whichever is low |
Commodity Futures | 0.03% or ₹20 per executed order whichever is low |
Commodity Options | 0.03% or ₹20 per executed order whichever is low |
Zerodha Transaction Charges
Segment | Transaction Charges |
Equity Delivery | NSE: 0.00345%, BSE: 0.003% |
Equity Intraday | NSE: 0.00345%, BSE: 0.003% |
Equity Futures | NSE: 0.002% |
Equity Options | NSE: 0.053% |
Currency Futures | NSE: Exchange txn Charge: 0.0009%; BSE: Exchange txn Charge: 0.00022% |
Currency Options | NSE: Exchange txn Charge: 0.035%; BSE: Exchange txn Charge: 0.001% |
Commodity Futures | Group A: Exchange txn Charge: 0.0026%; Group B: Exchange txn Charge: CASTORSEED- 0.0005% KAPAS- 0.0005% PEPPER- 0.00005% RBDPMOLEIN- 0.001% |
Commodity Options | Exchange txn Charge: 0 |
Zerodha STT Charges
Segment | STT Charges |
Equity Delivery | 0.1% on Buy & Sell |
Equity Intraday | 0.025% on the Sell side |
Equity Futures | 0.01% on Sell side |
Equity Options | 0.05% on Sell side (On Prem) |
Currency Futures | NA |
Currency Options | NA |
Commodity Futures | 0.01% on Sell Side (Non-Agri) |
Commodity Options | 0.05% on Sell Side |
Zerodha Stamp Charges
Segment | Stamp Charges |
Equity Delivery | 0.015% or ₹1500 per cr on buy side |
Equity Intraday | 0.003% or ₹300 per cr on buy side |
Equity Futures | 0.002% or ₹200 per cr on buy side |
Equity Options | 0.003% or ₹300 per cr on buy side |
Currency Futures | 0.0001% or ₹10 per cr on buy side |
Currency Options | 0.0001% or ₹10 per cr on buy side |
Commodity Futures | 0.002% or ₹200 per cr on buy side |
Commodity Options | 0.003% or ₹300 per cr on buy side |
Other Charges
Name of the Charge | Amount Charged |
GST | 18% on (brokerage + Transaction charge) |
SEBI charges | ₹5 per crore |
Charges in Details
Securities/Commodities Transaction Tax:
This is the tax charged by the government when transacting on the exchange. These are charged as above on both buy and sell sides when trading equity delivery. These are charged on the selling side when trading intraday or on F&O.
While you trade at Zerodha, it is important to maintain a tab because STT/CTT can be a lot more than the Zerodha brokerage charge.
Transaction or Turnover charges:
It is the addition of Exchange transaction charges and clearing charges. These are charged by (NSE, BSE, MCX) and clearing member. Clearing charges refers to the fee levied by the clearing member (ISSL) for settling all CDS and MCX trades done by the client on the exchange.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore with effect from 1st January 2016. (XC and XD groups have been merged into a new group X with effect from 1st December 2017). BSE has revised transaction charges in SS and ST groups to Rs. 1,00,000 per crore of gross turnover.
Call and Trade:
Additional Charges of Rs.50 per order:
1. For orders placed through our support desk.
2. Intraday (MIS/BO*/CO) positions squared off before market closing by our RMS team.
*For Bracket Orders (BO), if the entry order is executed in multiple trades, stop loss/target orders will be placed separately for each trade and all charges including call and trade for auto square-off will be billed per executed order.
Stamp Charges:
These are the charges by the government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the Stock exchanges and depositories.
GST:
Tax levied by the government on the services rendered. It is charged as 18% of brokerage and transaction charges.
SEBI Charges:
This is charged at Rs.5 per crore by Securities and Exchange Board of India for regulating the markets.
DP (Depository participant) Charges:
This is charged as Rs.13.5 + GST per scrip (irrespective of Quantity), on the day, is debited from the trading account when stocks are sold. They are charged by the depository (CDSL) and depository participant (Zerodha).
Pledging Charges:
They are charged as Rs.30 + GST Per pledge request.
AMC (Account Maintenance Charges):
Rs.300 per year + GST charged quarterly
Buyback, OFS and NFO order charges:
Rs.20 + GST will be charged for OFS/ buyback/ takeover/ delisting orders placed through Console.
Physical CMR Request:
First CMR request is free Rs.20 + Rs.100 (Courier Charge) + 18% GST for subsequent requests.
Payment Gateway Charges:
Rs.9 + GST (Not levied on transfers done via UPI)
Frequently Asked Questions
Zerodha do not offer home pickup service of account opening forms. The customer is required to courier the forms at Zerodha Bangalore office. The forms can also be filled online.
Yes. Zerodha’s free Kite trading platform provides advance technical charts. The advance charts are provided by Zerodha are among the best in the Industry.
No, at present the investing in stocks is listed in foreign stock exchanges is not possible through Zerodha. If you are still wishing to invest in Apple, Google, Facebook, etc. then mutual funds are the easiest way.
Zerodha is completely an execution platform only. It does not provide any form of advisory or tips. We believe that traders and investors should make educated and informed trades based on the research and analysis.
Zerodha is an online discount brokerage model where only online trading services are offered to the customers or traders. It uses the latest and advance technology to serve its customers and has less branches and offices. The technology helps its customers to scale and reduce the operational cost which in-term helps them to maintain huge profits despite offering low-cost trading.
Zerodha charges an amount of ₹20 per executed order or .03% whichever is lower for equity, currency and commodity futures trading.
No, Zerodha does not provide the margin funding facility.
Yes, some of the services provided by Zerodha are free. It offers Mutual fund investment and brokerage free equity delivery trading. The brokerage fee for Intra-day and F&O trading is ₹20 per executed order or 0.03% (whichever is lower).
Yes, the BTST i.e. buy today- sell tomorrow facility is available in Zerodha. It allows the traders to sell shares before they deposit into your demat account on T+2 days.
Zerodha does not provide interest on the money that is held in the trading account. It does not accept any personal Fd’s as margin for trading.
Zerodha offers the service to place AMO orders. These AMO orders are placed after the market hours for the next trading day in advance.
AMO (After Market Orders) allows the customers to place online buy/sell order before the stock exchanges are open for trading. The order timing for AMO order changes by the trading segment.
No, Zerodha doesn't offer any trading account on minor's name even if you are below 18 years, you can not open a trading account.
No. A customer can open only one trading account or demat account with Zerodha. You cannot open two trading accounts with same PAN number with Zerodha.
Note: You can open other trading or demat account with the same name and PAN number with other brokers. But this can't be done with one broker because of SEBI regulations.
LTT in Zerodha stands for Last Traded Time. The last traded time shows when a particular share or contract was last bought or sold. It helps the traders to know the demand for a particular share on that particular day.
No, it is not compulsory to maintain a minimum balance in the Zerodha Trading account.
If the customer wants to change the bank account that is linked with their Zerodha account. The customer needs to submit the 'Account Modification Form' with a bank proof document. The steps to change the Zerodha bank account are:
1. Visit the Zerodha website
2. Move to the 'Download & Resources' section.
3. Download the 'Account Modification Form'
4. Fill the form, sign it and get a print out.
5. Attach the bank proof documents like bank statements, cancelled cheque etc., along with the form and send it to the Zerodha Bengaluru office.
Yes. Zerodha offers trading in forex but as per NSE we can trade only in USDINR, EURINR, GBPINR and JPYINR in India with any stock broker. You can trade in currency derivatives at BSE and NSE exchanges using the Zerodha trading account. The customer needs to enable the currency trading segment before starting the trading in currency.
CNC stands for Cash and Carry. It is simply a product code and if you use them to buy and sell shares on the same day, they will still be considered as Intraday trade. NRML (Normal) is used for overnight trading for futures and options.
In Zerodha the customer has to open a demat account along with the trading account. It does not allow linking of its trading account with a demat account from some other depository participant (DP).
Note:
• You can have multiple demat accounts if you want on your name with different brokers.
• You can continue holding your Sharekhan demat account if you wish to do so.
• You could transfer all your holdings in the Sharekhan demat account to Zerodha demat account at the time of closing the Sharekhan demat account. It is a simple process.
The Margin for Zerodha is reduced across all the segments including Intraday at BSE, NSE and MCX on 2 January, 2019. It is in line with the new margin policy introduced by SEBI. As per the policy, the brokers cannot offer ab additional margin to customers. The margins are now prescribed by the exchanges and are the same across the brokers.
Once you apply in Zerodha for opening an account, it takes 24-48 hours to get activated. Any kind of discrepancies in the submitted forms or documents can delay the account opening process.
An individual need to have 3 accounts i.e. Trading, demat and a bank account. Zerodha offers trading and demat account services to its customers. Trading account is required to place buy & sell orders and the demat account is required to hold all the bought securities in electronic form. The trading and demat account of the customer are linked to their bank account.
Zerodha is safe as any other stock broker in India. It is a genuine and the trusted stock broker and comes among the lowest risk broker in India. It is a debt free company and they only offer broking services.
In the last 9 years, there is no single major violation has been reposted. Thus, it is the safest stock broker of India.
Zerodha offers truly brokerage free equity delivery trading and mutual fund investment. It charges flat Rs. 20 or 0.03% (whichever is low) per executed order for intraday trades.
Yes, Zerodha favorable for long term investors. Zerodha offers the Equity delivery brokerage at free. It automatically brings down the trading costs thereby helping a lot of money in the long term. It also offers commission-free direct mutual funds that results in additional earning of 1% yearly.
The SMS facility in Zerodha is optional and is charged at Rs. 1 per SMS.
You can place an MIS buy order in one exchange and the MIS short order in the other exchange. However, by the end of the trading day, both of these trades are required to be squared off individually on each exchange.
NFO stands for New Fund Offer. An NFO is the first time when a fund is offered for subscription by an AMC. The customer cannot invest in NFO through Zerodha Coin currently. However, you can buy NFO from the AMC directly.
All the orders will get squared off before the end of the day. IOC stands for 'Immediate or cancel'. It means that the order is executed as soon as it is released and in case the order fails to execute, then it is immediately canceled.
The Z Pin is the 4-digit telephone code. This is the customer’s personal identification number. This number is required to place orders through the call, trade desk and to raise support requests.
Whenever the customer will call Zerodha customer support or call & trade desk, he/she have to authenticate themselves using the Z Pin code.
Yes, Zerodha offers trading in foreign exchange (currency). The customers can trade in currency derivatives at BSE and NSE exchanges simply by using the Zerodha trading account. The customer is required to enable the Currency trading segment before he/she start to trade in the Forex.
Discount brokers are the brokers that offers only online broking services to its customers and at a very low-cost. Zerodha discount broker uses the latest computer technology to offer online trading services to millions of customers. The brokerage charge for discount brokers are usually less than the traditional full-service brokers. Zerodha is an online discount broker.
The Zerodha is a depository participant of CDSL depository. This means it works as a service agent for demat account which is held by CDSL, one of the two central depositories.