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Comparision (Flattrade VS Zerodha)

Flattrade Vs Zerodha

Flattrade
Flattrade Capital Services Review 2021 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Zerodha
Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software. In Zerodha review we can also review Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages. Zerodha is the biggest stock broker in India in terms of the highest active clients with 3+ Million clients. It 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 pricing structure and in-house technology of Zerodha successfully stands out and this makes it the largest stock broker in India. Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account

Flattrade Vs Zerodha - Broker Details

Flattrade Zerodha
Single Margin Facility
Year of Incorporation 2004 2010
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX
Branches 5 70
Brokerage Rs.20 per executed order 20 Rs/Order
Broker Type Discount Broker Discount Broker
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Flattrade Vs Zerodha - Account Opening & AMC Charges

Flattrade Zerodha
Trading Account Opening Charge Rs.0 (Free) Rs. 300 in all segment
Demat Account Opening Charge Rs.0 (Free) Rs. 300 in all segment
Demat Account AMC Rs.0 (Free) Rs. 300 + 18% GST
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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Flattrade Vs Zerodha - Brokerage charges & Plans

Flattrade Zerodha
Commodity Futures ₹10 per executed order 0.03% or Rs.20/executed whichever is lower
Currency Futures ₹10 per executed order 0.03% or Rs. 20/executed order whichever is lower
Equity Delivery Nil Zero brokerage
Equity Options ₹10 per executed order Flat Rs. 20/ Executed order
Commodity Options ₹10 per executed order 0.03% or Rs.20/executed whichever is lower
Equity Futures ₹10 per executed order 0.03% or Rs.20/executed order whichever is lower
Currency Options ₹10 per executed order 0.03% or Rs. 20/executed order whichever is lower
Fixed Charges ₹10 per executed order Rs. 20/Order
Equity Intraday ₹10 per executed order 0.03% or Rs.20/executed order whichever is lower
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Flattrade Vs Zerodha - Other Charges

Flattrade Zerodha
RMS Square Off Charge Rs.50/Order
API Charges Does not provide API Rs. 2000/Month
Call & Trade Charges Rs.50 or 0.01% of trade value per executed order Rs. 50 per order
Other Brokerage Charges Rs.20 per executed order Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS
Minimum Brokerage Rs.20 per executed order Rs.20/Order
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Flattrade Vs Zerodha - Transaction Charges

Flattrade Zerodha
Currency Options NSE: 0.035% BSE: 0.001% NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001%
Equity Futures 0.0020% NSE: Exchange txn charge: 0.002%
Equity Intraday NSE: 0.00345% (For Nifty 50, Nifty It); BSE 0.03% NSE: 0.00275% (Other than Nifty 50 & Nifty It) NSE: 0.00345% BSE; 0.003%
Equity Options 0.053% (On prem) NSE: Exchange txn charge: 0.053% (on premium)
Commodity 0.0026%; 0.0013% (FAR MONTH CONTRACT) Group A Exchange txn charges: 0.0026% *Far-month contracts: 0.0013% Group B: Exchange txn charge: CASTORSEED - 0.0005% KAPAS - 0.0005% PEPPER – 0.00005% REDPMOLEIN – 0.001%
Currency Futures NSE: 0.0009% BSE: 0.00022% NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.00022%
Equity Delivery 0.00325%NSE: 0.00345 (For Nifty 50, Nifty IT) BSE: 0.003% NSE: 0.00275% (Other than Nifty 50 and Nifty IT) NSE: 0.00345% BSE; 0.003%
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Flattrade Vs Zerodha - Margin (Exposure)

Flattrade Zerodha
Equity Options MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
Equity Intraday Up to 20X MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange
Currency Options Upto 2.5 times
Commodity Options Upto 2.5 times
Commodity Futures Up to 4 times MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins)
50% of the VaR+ ELM +Adhoc mandated by the exchange
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins)
Equity Futures Up to 4 times MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
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Flattrade Vs Zerodha - Features

Flattrade Zerodha
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading Platform NEST, NSE NOW, Fortune Trading Mobile App Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile
SMS Alerts for Trades
Direct Mutual Fund
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Flattrade Vs Zerodha - Review & Rating

Flattrade Zerodha
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Zerodha is rated 3.7 of 5
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Flattrade Vs Zerodha - Request a call back from Broker

Flattrade Zerodha
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Flattrade Vs Zerodha - Investment Options

Flattrade Zerodha
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Flattrade Vs Zerodha - Order Type

Flattrade Zerodha
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Flattrade Vs Zerodha - Research & Report

Flattrade Zerodha
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Flattrade Vs Zerodha - Daily Market Report

Flattrade Zerodha
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Flattrade Vs Zerodha - Suitable For Investor

Flattrade Zerodha
Casual Investor
Active Investor
Trader
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Flattrade Vs Zerodha - Pros & Cons

Flattrade Zerodha
Pros 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 1. It charges zero brokerage for Delivery. 2. It provides same pricing structure for across all the exchanges. 3. It charges no upfront fee or turnover commitment. 4. It provides Z-Connect, Interactive blog, and portal for all the other queries. 5. It requires no minimum balance to open a trading account with Zerodha. 6. It provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers.
Cons 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 1. It does not provide a three-in one demat account. 2. It charges Rs.20 per trade in Call and Trade segment
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Flattrade Vs Zerodha - Background

Flattrade Zerodha
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Flattrade Vs Zerodha - Compare All Brokers

Flattrade Zerodha
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Flattrade Vs Zerodha - Account Opening & AMC Charges

Flattrade
Zerodha
Trading Account Opening Charge
Rs.0 (Free)
Rs. 300 in all segment
Demat Account Opening Charge
Rs.0 (Free)
Rs. 300 in all segment
Demat Account AMC
Rs.0 (Free)
Rs. 300 + 18% GST
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)
 
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Flattrade Vs Zerodha

Flattrade Zerodha
 

Flattrade Trading NRI Account Review

Flattrade Trading is no longer offering NRI trading and demat account. Only Indian residents can open demat accounts with Flattrade Trading. If any NRI wish to open demat account with Flattrade Trading for trading purpose, they must have Indian residence proofs and Indian bank account.

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Zerodha NRI Account Opening and Review

Zerodha is the biggest stock broker in India in terms of the highest active clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their ..
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Zerodha
Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software. In Zerodha review we can also review Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages. Zerodha is the biggest stock broker in India in terms of the highest active clients with 3+ Million clients. It 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 pricing structure and in-house technology of Zerodha successfully stands out and this makes it the largest stock broker in India. Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account

Flattrade Vs Zerodha - Brokerage charges & Plans

Flattrade Zerodha
Commodity Futures ₹10 per executed order 0.03% or Rs.20/executed whichever is lower
Currency Futures ₹10 per executed order 0.03% or Rs. 20/executed order whichever is lower
Equity Delivery Nil Zero brokerage
Equity Options ₹10 per executed order Flat Rs. 20/ Executed order
Commodity Options ₹10 per executed order 0.03% or Rs.20/executed whichever is lower
Equity Futures ₹10 per executed order 0.03% or Rs.20/executed order whichever is lower
Currency Options ₹10 per executed order 0.03% or Rs. 20/executed order whichever is lower
Fixed Charges ₹10 per executed order Rs. 20/Order
Equity Intraday ₹10 per executed order 0.03% or Rs.20/executed order whichever is lower
Enquiry with Flattrade   Open Account Enquiry with Zerodha   Open Account

Flattrade Vs Zerodha - Margin (Exposure)

Flattrade Zerodha
Equity Options MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
Equity Intraday Up to 20X MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange
Currency Options Upto 2.5 times
Commodity Options Upto 2.5 times
Commodity Futures Up to 4 times MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins)
50% of the VaR+ ELM +Adhoc mandated by the exchange
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins)
Equity Futures Up to 4 times MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
Enquiry with Flattrade   Open Account Enquiry with Zerodha   Open Account

Flattrade Vs Zerodha - Other Charges

Flattrade Zerodha
RMS Square Off Charge Rs.50/Order
API Charges Does not provide API Rs. 2000/Month
Call & Trade Charges Rs.50 or 0.01% of trade value per executed order Rs. 50 per order
Other Brokerage Charges Rs.20 per executed order Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS
Minimum Brokerage Rs.20 per executed order Rs.20/Order
Enquiry with Flattrade   Open Account Enquiry with Zerodha   Open Account

Flattrade Vs Zerodha - Features

Flattrade Zerodha
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading Platform NEST, NSE NOW, Fortune Trading Mobile App Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Flattrade   Open Account Enquiry with Zerodha   Open Account

Flattrade

Zerodha