Zerodha Vs Maverick
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha Vs Maverick - Broker Details
| Zerodha | Maverick | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 120+ | N/A |
| Brokerage | ₹20/ Order or 0.03% | 0.01% per order |
| Broker Type | Discount Broker | Full Service Broker |
Zerodha Vs Maverick - Account Opening & AMC Charges
| Zerodha | Maverick | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹300 per year | ₹999 for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
Zerodha Vs Maverick - Brokerage charges & Plans
| Zerodha | Maverick | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Equity Delivery | Zero Brokerage | 0.1% per order |
| Equity Options | ₹20/ Order | Rs. 10 per lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | Rs. 10 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | Rs. 10 per lot |
| Fixed Charges | ₹20/Order | 0.01% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
Zerodha Vs Maverick - Other Charges
| Zerodha | Maverick | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/Order |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/Order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | 0.01% per order |
| Minimum Brokerage | ₹20/ Order | 0.01% per order |
Zerodha Vs Maverick - Transaction Charges
| Zerodha | Maverick | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | Exchange txn charge: 0.035%e |
| Equity Futures | NSE: 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.053% (on premium) | NSE: 0.05% (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% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Zerodha Vs Maverick - Margin (Exposure)
| Zerodha | Maverick | |
|---|---|---|
| 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 Maverick - Features
| Zerodha | Maverick | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Zerodha Vs Maverick - Review & Rating
| Zerodha | Maverick | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Maverick - Request a call back from Broker
| Zerodha | Maverick | |
|---|---|---|
Zerodha Vs Maverick - Investment Options
| Zerodha | Maverick | |
|---|---|---|
| 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 Maverick - Order Type
| Zerodha | Maverick | |
|---|---|---|
| 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 Maverick - Research & Report
| Zerodha | Maverick | |
|---|---|---|
| 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 Maverick - Daily Market Report
| Zerodha | Maverick | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs Maverick - Suitable For Investor
| Zerodha | Maverick | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs Maverick - Pros & Cons
| Zerodha | Maverick | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
Zerodha Vs Maverick - Background
| Zerodha | Maverick | |
|---|---|---|
Zerodha Vs Maverick - Compare All Brokers
| Zerodha | Maverick | |
|---|---|---|
Zerodha Vs Maverick - STT/CTT
| Zerodha | Maverick | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Zerodha Vs Maverick - Demat transaction charges
| Zerodha | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | Rs.20 /- |
Zerodha Vs Maverick - GST
| Zerodha | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Zerodha Vs Maverick - SEBI Charges
| Zerodha | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Maverick - Account Opening & AMC Charges
Zerodha
Maverick
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹300 per year | ₹999 for Lifetime
Trading Account AMC
₹0 (Free)
NA
Zerodha Vs Maverick
| Zerodha | Maverick | |
|---|---|---|
Zerodha Review 2024 |
Maverick Account Opening Process and Charges Detail |
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Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha Vs Maverick - Brokerage charges & Plans
| Zerodha | Maverick | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Equity Delivery | Zero Brokerage | 0.1% per order |
| Equity Options | ₹20/ Order | Rs. 10 per lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | Rs. 10 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | Rs. 10 per lot |
| Fixed Charges | ₹20/Order | 0.01% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.01% per order |
| Call Back Open Account |
Zerodha Vs Maverick - Margin (Exposure)
| Zerodha | Maverick | |
|---|---|---|
| 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 Maverick - Other Charges
| Zerodha | Maverick | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20/Order |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/Order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | 0.01% per order |
| Minimum Brokerage | ₹20/ Order | 0.01% per order |
Zerodha Vs Maverick - STT/CTT
| Zerodha | Maverick | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Zerodha Vs Maverick - Demat transaction charges
| Zerodha | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | Rs.20 /- |
Zerodha Vs Maverick - GST
| Zerodha | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Zerodha Vs Maverick - SEBI Charges
| Zerodha | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Maverick - Features
| Zerodha | Maverick | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |