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Comparision (Zerodha VS Flattrade)

 

Zerodha Vs Flattrade

Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints


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 Vs Flattrade - Broker Details

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

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

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

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

Zerodha Flattrade
Currency Options NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001% NSE: 0.035% BSE: 0.001%
Equity Futures NSE: Exchange txn charge: 0.002% 0.0020%
Equity Intraday NSE: 0.00345% BSE; 0.003% NSE: 0.00345% (For Nifty 50, Nifty It); BSE 0.03% NSE: 0.00275% (Other than Nifty 50 & Nifty It)
Equity Options NSE: Exchange txn charge: 0.053% (on premium) 0.053% (On prem)
Commodity 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% 0.0026%; 0.0013% (FAR MONTH CONTRACT)
Currency Futures NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.00022% NSE: 0.0009% BSE: 0.00022%
Equity Delivery NSE: 0.00345% BSE; 0.003% 0.00325%NSE: 0.00345 (For Nifty 50, Nifty IT) BSE: 0.003% NSE: 0.00275% (Other than Nifty 50 and Nifty IT)
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Zerodha Vs Flattrade - Margin (Exposure)

Zerodha Flattrade
Equity Options MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
Equity Intraday MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange Up to 20X
Currency Options Upto 2.5 times
Commodity Options Upto 2.5 times
Commodity Futures MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) Up to 4 times
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 MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) Up to 4 times
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Zerodha Vs Flattrade - Features

Zerodha Flattrade
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 | Commodities: 25 min before close Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM
Trading Platform Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile NEST, NSE NOW, Fortune Trading Mobile App
SMS Alerts for Trades
Direct Mutual Fund
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Zerodha Vs Flattrade - Review & Rating

Zerodha Flattrade
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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Zerodha Vs Flattrade - Request a call back from Broker

Zerodha Flattrade
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Zerodha Vs Flattrade - Investment Options

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

Zerodha Flattrade
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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Zerodha Vs Flattrade - Research & Report

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

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

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

Zerodha Flattrade
Pros 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. 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.
Cons 1. It does not provide a three-in one demat account. 2. It charges Rs.20 per trade in Call and Trade segment 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.
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Zerodha Vs Flattrade - Background

Zerodha Flattrade
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Zerodha Vs Flattrade - Compare All Brokers

Zerodha Flattrade
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Zerodha Vs Flattrade - Account Opening & AMC Charges

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

Zerodha Vs Flattrade

Zerodha Flattrade
 

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 ..
+ " Vs "+ Flattrade

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.
 
 

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 Vs Flattrade - Brokerage charges & Plans

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

Zerodha Vs Flattrade - Margin (Exposure)

Zerodha Flattrade
Equity Options MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins)
Equity Intraday MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange Up to 20X
Currency Options Upto 2.5 times
Commodity Options Upto 2.5 times
Commodity Futures MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) Up to 4 times
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 MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) Up to 4 times
Enquiry with Zerodha   Open Account Enquiry with Flattrade   Open Account

Zerodha Vs Flattrade - Other Charges

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

Zerodha Vs Flattrade - Features

Zerodha Flattrade
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 | Commodities: 25 min before close Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM
Trading Platform Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile NEST, NSE NOW, Fortune Trading Mobile App
SMS Alerts for Trades
Direct Mutual Fund
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