Find a Comparison of Punch Trade vs Zerodha here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.
This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Punch Trade and Zerodha.
| Year of Incorporation | 2016 | 2010 |
| Website | https://www.punch.trade/ | https://zerodha.com |
| Phone | +91-7948222271 | 080-4718-1888 |
| Exchanges enabled | BSE, NSE, MCX | NSE, BSE, MCX-SX & MCX |
| Demat (NSDL/CDSL) | CDSL | CDSL |
| Equity | Rs 20 or 0.03% per executed order | Rs 0 on Delivery & Rs 20 on Intraday |
| Equity Futures | Rs 20 per executed order | Rs 20 or 0.03% (whichever is lower) per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per order |
| Currency Futures | Rs 20 per executed order | Rs 20 or 0.03% (whichever is lower) per executed order |
| Currency Options | Rs 20 per executed order | Rs 20 per order |
| Commodity | Rs 20 per executed order | Rs 20 per order |
| Trading only | Free | Free |
| Trading & Demat | Free | Free |
| Commodity | Free | Free |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% of Turnover | 0.00325% on Turnover |
| Futures | 0.0019% of Turnover | 0.0021% on Contract Turnover |
| Options | 0.05% of Turnover | 0.053% on Premium Turnover |
| Commodities | 0.03% of Turnover | 0.0031% on Contract turnover |
| AMC charge | Rs 300 per annum | Rs 300/year |
| DP Transaction Charge | Rs 25 per Debit Transaction | Rs 13 per debit instruction |
| Offline order placing Charge | Rs 20 per executed order | Rs 20 per executed order |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 7 Days | 365 days on Zerodha Pi |
| End of Day | 5 Years | 10 years on Zerodha Pi |
| Coding/Backtesting | |
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| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Leverage Provided
| Equity | 1x on Delivery & upto 5x on Intraday | 20x intraday |
| Equity Futures | 2x for intraday | Upto 7x intraday leverage |
| Equity Options | Upto 2x for Intraday | Buying no leverage, Shorting upto 7x leverage intrdaday |
| Currency Futures | Upto 2x for intraday | 2x intraday leverage |
| Currency Options | Upto 2x for Intraday | Buying no leverage, Shorting upto 2x intraday leverage |
| Commodity | Upto 2x for Intraday | 2.5x intraday leverage |
| 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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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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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 | Not Available | Rs 150.4 Crores |
| Profit after Tax FY12/13 | Not Available | Rs 175.8 Crores |
| Profit after Tax FY13/14 | Not Available | Rs 214.27 Crores |
| Profit after Tax FY 14/15 | Not Available | Rs 365.58 Crores |
| Profit after Tax FY 15/16 | Not Available | Rs 440.99 Crores |
| Profit after Tax FY 16/17 | Rs 17 Lakhs | Rs 511.02 Crores |
| Profit after Tax FY 17/18 | Rs 27 Lakhs | Rs 645.36 Crores |
| Profit after Tax FY 18/19 | Rs 35 Lakhs | Rs 815.75 Crores |
| Profit after Tax FY 19/20 | Rs 42 Lakhs | Rs 599.98 Crores |
| Profit after Tax FY 20/21 | Rs 46 Lakhs | Rs 622.13 Crores |
| Profit after Tax FY 21/22 | Rs 61 Lakhs | Rs 1,122.38 Crores |
| Profit after Tax FY 22/23 | Rs 75 Lakhs | Rs 2,094.87 Crores |
| Debt FY11/12 | Not Available | 0 |
| Debt FY12/13 | Not Available | 0 |
| Debt FY13/14 | Not Available | 0 |
| Debt FY14/15 | Not Available | Rs 4.45 Crores |
| Debt FY15/16 | Not Available | Rs 4.88 Crores |
| Debt FY16/17 | Rs 12.22 Lakhs | Rs 5.22 Crores |
| Debt FY17/18 | Rs 18.64 Lakhs | Rs 5.68 Crores |
| Debt FY18/19 | Rs 26.79 Lakhs | Rs 6.25 Crores |
| Debt FY19/20 | Rs 33.82 Lakhs | Rs 5.87 Crores |
| Debt FY20/21 | Rs 39.47 Lakhs | Rs 6.11 Crores |
| Debt FY21/22 | Rs 48.58 Lakhs | Rs 6.47 Crores |
| Debt FY22/23 | Rs 52.22 Lakhs | Rs 6.98 Crores |
| Profit to Equity(%) FY11/12 | Not Available | 19% |
| Profit to Equity(%) FY12/13 | Not Available | 24% |
| Profit to Equity(%) FY13/14 | Not Available | 21% |
| Profit to Equity(%) FY14/15 | Not Available | 21% |
| Profit to Equity(%) FY15/16 | Not Available | 23% |
| Profit to Equity(%) FY16/17 | 6.49% | 26% |
| Profit to Equity(%) FY17/18 | 7.22% | 28% |
| Profit to Equity(%) FY18/19 | 8.53% | 29% |
| Profit to Equity(%) FY19/20 | 8.09% | 33% |
| Profit to Equity(%) FY20/21 | 10.46% | 28% |
| Profit to Equity(%) FY21/22 | 11.35% | 29% |
| Profit to Equity(%) FY22/23 | 14.95% | 29% |
| Balance Sheet Size FY11/12 | Not Available | Rs 1225.4 Crores |
| Balance Sheet Size FY12/13 | Not Available | Rs 1864.5 Crores |
| Balance Sheet Size FY13/14 | Not Available | Rs 2511.1 Crores |
| Balance Sheet Size FY14/15 | Not Available | Rs 5288.18 Crores |
| Balance Sheet Size FY15/16 | Not Available | Rs 6512.98 Crores |
| Balance Sheet Size FY16/17 | Rs 155 Lakhs | Rs 8459.44 Crores |
| Balance Sheet Size FY17/18 | Rs 170 Lakhs | Rs 9,114.87 Crores |
| Balance Sheet Size FY18/19 | Rs 173 Lakhs | Rs 9,816.55 Crores |
| Balance Sheet Size FY19/20 | Rs 188 Lakhs | Rs 10,719.22 Crores |
| Balance Sheet Size FY20/21 | Rs 195 Lakhs | Rs 11,920.63 Crores |
| Balance Sheet Size FY21/22 | Rs 205 Lakhs | Rs 12,721.16 Crores |
| Balance Sheet Size FY22/23 | Rs 225 Lakhs | Rs 15,322.10 Crores |
Punch Trade Securities and Zerodha are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.
Yes, both Punch Trade Securities and Zerodha provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Punch Trade and Zerodha for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Punch Trade and Zerodha are SEBI-registered brokers with good reputations. Punch Trade is known for its trading platforms, while Zerodha is praised for cost-effective pricing.
Yes, both Punch Trade and Zerodha offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
