Zerodha Vs Definedge Securities
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Definedge Securities
Zerodha Vs Definedge Securities - Broker Details
| Zerodha | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 120+ | 270 |
| Brokerage | ₹20/ Order or 0.03% | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
Zerodha Vs Definedge Securities - Account Opening & AMC Charges
| Zerodha | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹180 |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
Zerodha Vs Definedge Securities - Brokerage charges & Plans
| Zerodha | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Zero Brokerage | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹18 per executed order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹18 per executed order |
| Fixed Charges | ₹20/Order | ₹18 per executed order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹ 18 per executed order whichever is lower |
Zerodha Vs Definedge Securities - Other Charges
| Zerodha | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹36/- per order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
Zerodha Vs Definedge Securities - Transaction Charges
| Zerodha | Definedge Securities | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: 0.002% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: 0.053% (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Zerodha Vs Definedge Securities - Margin (Exposure)
| Zerodha | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Zerodha Vs Definedge Securities - Features
| Zerodha | Definedge Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Zerodha Vs Definedge Securities - Review & Rating
| Zerodha | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Definedge Securities - Request a call back from Broker
| Zerodha | Definedge Securities | |
|---|---|---|
Zerodha Vs Definedge Securities - Investment Options
| Zerodha | Definedge Securities | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Zerodha Vs Definedge Securities - Order Type
| Zerodha | Definedge Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Zerodha Vs Definedge Securities - Research & Report
| Zerodha | Definedge Securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Zerodha Vs Definedge Securities - Daily Market Report
| Zerodha | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs Definedge Securities - Suitable For Investor
| Zerodha | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs Definedge Securities - Pros & Cons
| Zerodha | Definedge Securities | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Zerodha Vs Definedge Securities - Background
| Zerodha | Definedge Securities | |
|---|---|---|
Zerodha Vs Definedge Securities - Compare All Brokers
| Zerodha | Definedge Securities | |
|---|---|---|
Zerodha Vs Definedge Securities - STT/CTT
| Zerodha | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell Side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Zerodha Vs Definedge Securities - Demat transaction charges
| Zerodha | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹0 (Free) |
Zerodha Vs Definedge Securities - GST
| Zerodha | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% (on brokerage + transaction charges) |
Zerodha Vs Definedge Securities - SEBI Charges
| Zerodha | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
Zerodha Vs Definedge Securities - Account Opening & AMC Charges
Zerodha
Definedge Securities
Trading Account Opening Charge
₹200
₹180
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Zerodha Vs Definedge Securities
| Zerodha | Definedge Securities | |
|---|---|---|
Zerodha Review 2024 |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Zerodha Vs Definedge Securities - Brokerage charges & Plans
| Zerodha | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Zero Brokerage | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹18 per executed order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹18 per executed order |
| Fixed Charges | ₹20/Order | ₹18 per executed order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Zerodha Vs Definedge Securities - Margin (Exposure)
| Zerodha | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Definedge Securities - Other Charges
| Zerodha | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹36/- per order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
Zerodha Vs Definedge Securities - STT/CTT
| Zerodha | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell Side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Zerodha Vs Definedge Securities - Demat transaction charges
| Zerodha | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹0 (Free) |
Zerodha Vs Definedge Securities - GST
| Zerodha | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% (on brokerage + transaction charges) |
Zerodha Vs Definedge Securities - SEBI Charges
| Zerodha | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
Zerodha Vs Definedge Securities - Features
| Zerodha | Definedge Securities | |
|---|---|---|
| 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 | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |