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Zerodha, one of the biggest and most well-known discount brokerage firms in India. Founded in 2010 by Nithin Kamath and his brother Nikhil Kamath, Zerodha revolutionized the Indian brokerage industry by offering a low-cost trading platform. Check out this detailed Zerodha review.
Background
| Year of Incorporation | 2010 |
| Website | https://zerodha.com |
| Phone | 080-4718-1888 |
| Exchanges enabled | NSE, BSE, MCX-SX & MCX |
| Demat (NSDL/CDSL) | CDSL |
Brokerage
| Equity | Rs 0 on Delivery & Rs 20 on Intraday |
| Equity Futures | Rs 20 or 0.03% (whichever is lower) per executed order |
| Equity Options | Rs 20 per order |
| Currency Futures | Rs 20 or 0.03% (whichever is lower) per executed order |
| Currency Options | Rs 20 per order |
| Commodity | Rs 20 per order |
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Account Opening Costs
| Trading only | Free |
| Trading & Demat | Free |
| Commodity | Free |
Transparency & other costs
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% on Turnover |
| Futures | 0.0021% on Contract Turnover |
| Options | 0.053% on Premium Turnover |
| Commodities | 0.0031% on Contract turnover |
| AMC charge | Rs 300/year |
| DP Transaction Charge | Rs 13 per debit instruction |
| Offline order placing Charge | Rs 20 per executed order |
Platforms
| Software |
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| Web/HTML 5 |
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| Mobile |
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Charting
| Intraday | 365 days on Zerodha Pi |
| End of Day | 10 years on Zerodha Pi |
| Coding/Backtesting |
|
Reporting
| Online Trade Reports |
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| Online PNL Reports |
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| Online Contract Notes |
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Margins
Leverage Provided
| Equity | 20x intraday |
| Equity Futures | Upto 7x intraday leverage |
| Equity Options | Buying no leverage, Shorting upto 7x leverage intrdaday |
| Currency Futures | 2x intraday leverage |
| Currency Options | Buying no leverage, Shorting upto 2x intraday leverage |
| Commodity | 2.5x intraday leverage |
Support & Tools
| Research & Tips |
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| Brokerage Calculator |
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| Margin Calculator |
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| Bracket orders & Trailing Stoploss |
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| Training & Education |
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Convenience
| 3 in 1 Account |
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| Instant Fund withdrawal |
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| Relationship Managers |
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Financial Health
Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.
| Profit after Tax FY11/12 | Rs 2.4 Crores |
| Profit after Tax FY12/13 | Rs 5.8 Crores |
| Profit after Tax FY13/14 | Rs 10.27 Crores |
| Profit after Tax FY 14/15 | Rs 10.58 Crores |
| Profit after Tax FY 15/16 | Rs 10.99 Crores |
| Profit after Tax FY 16/17 | Rs 11.02 Crores |
| Profit after Tax FY 17/18 | Rs 11.36 Crores |
| Profit after Tax FY 18/19 | Rs 11.75 Crores |
| Profit after Tax FY 19/20 | Rs 11.98 Crores |
| Profit after Tax FY 20/21 | Rs 12.13 Crores |
| Profit after Tax FY 21/22 | Rs 12.38 Crores |
| Profit after Tax FY 22/23 | Rs 12.87 Crores |
| Debt FY11/12 | 0 |
| Debt FY12/13 | 0 |
| Debt FY13/14 | 0 |
| Debt FY14/15 | Rs 4.45 Crores |
| Debt FY15/16 | Rs 4.88 Crores |
| Debt FY16/17 | Rs 5.22 Crores |
| Debt FY17/18 | Rs 5.68 Crores |
| Debt FY18/19 | Rs 6.25 Crores |
| Debt FY19/20 | Rs 5.87 Crores |
| Debt FY20/21 | Rs 6.11 Crores |
| Debt FY21/22 | Rs 6.47 Crores |
| Debt FY22/23 | Rs 6.98 Crores |
| Profit to Equity(%) FY11/12 | 19% |
| Profit to Equity(%) FY12/13 | 24% |
| Profit to Equity(%) FY13/14 | 21% |
| Profit to Equity(%) FY14/15 | 21% |
| Profit to Equity(%) FY15/16 | 23% |
| Profit to Equity(%) FY16/17 | 26% |
| Profit to Equity(%) FY17/18 | 28% |
| Profit to Equity(%) FY18/19 | 29% |
| Profit to Equity(%) FY19/20 | 33% |
| Profit to Equity(%) FY20/21 | 36% |
| Profit to Equity(%) FY21/22 | 38% |
| Profit to Equity(%) FY22/23 | 39% |
| Balance Sheet Size FY11/12 | Rs 25.4 Crores |
| Balance Sheet Size FY12/13 | Rs 64.5 Crores |
| Balance Sheet Size FY13/14 | Rs 111.1 Crores |
| Balance Sheet Size FY14/15 | Rs 112.18 Crores |
| Balance Sheet Size FY15/16 | Rs 112.98 Crores |
| Balance Sheet Size FY16/17 | Rs 113.44 Crores |
| Balance Sheet Size FY17/18 | Rs 114.87 Crores |
| Balance Sheet Size FY18/19 | Rs 116.55 Crores |
| Balance Sheet Size FY19/20 | Rs 119.22 Crores |
| Balance Sheet Size FY20/21 | Rs 120.63 Crores |
| Balance Sheet Size FY21/22 | Rs 121.16 Crores |
| Balance Sheet Size FY22/23 | Rs 122.10 Crores |
Frequently Asked Questions
what is the equity intraday brokerage charge of Zerodha ?
The equity intraday brokerage charge for Zerodha depends on their fee structure. Please refer to Zerodha's official website or contact their customer support for the most accurate and up-to-date information.
What is delivery brokerage charge of Zerodha ?
Zerodha charges a brokerage fee for equity delivery trades. Check the latest rates on Zerodha's official website or get in touch with their customer support for detailed information.
what is the options brokerage charge of Zerodha ?
The options brokerage charge with Zerodha varies based on their pricing model. For the latest and specific details, visit Zerodha's official website or contact their customer service.
What is dp charge of Zerodha ?
Zerodha may apply a Depository Participant (DP) charge. To know the exact DP charges, please check the fees section on Zerodha's official website or reach out to their customer support.
Does this Zerodha charges fixed brokerage ?
Zerodha may or may not have a fixed brokerage structure. For accurate and detailed information on brokerage charges, visit Zerodha's official website or contact their customer service.
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