Find a Comparison of Zerodha vs First Demat 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 Zerodha and First Demat.
| Year of Incorporation | 2010 | 2021 |
| Website | https://zerodha.com | https://firstdemat.com/ |
| Phone | 080-4718-1888 | 9240256358 |
| Exchanges enabled | NSE, BSE, MCX-SX & MCX | NSE, BSE, MCX |
| Demat (NSDL/CDSL) | CDSL | NSDL (DP ID IN303921) |
| Equity | Rs 0 on Delivery & Rs 20 on Intraday | 0.1% or ?20 per executed order, whichever is lower |
| Equity Futures | Rs 20 or 0.03% (whichever is lower) per executed order | Flat ?20 per executed order |
| Equity Options | Rs 20 per order | Flat ?20 per executed order |
| Currency Futures | Rs 20 or 0.03% (whichever is lower) per executed order | Not offered (-) |
| Currency Options | Rs 20 per order | Not offered (-) |
| Commodity | Rs 20 per order | ?20 per order (futures and options) |
| Trading only | Free | ?0 online (offline opening ?500) |
| Trading & Demat | Free | ?0 |
| Commodity | Free | No separate charge stated (?0 account opening) |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% on Turnover | Transaction charges: NSE 0.00307%, BSE 0.00375% |
| Futures | 0.0021% on Contract Turnover | Transaction charges: NSE 0.00183%, BSE 0 |
| Options | 0.053% on Premium Turnover | Transaction charges on premium: NSE 0.03553%, BSE 0.0325% |
| Commodities | 0.0031% on Contract turnover | N/A |
| AMC charge | Rs 300/year | ?0 for the 1st year |
| DP Transaction Charge | Rs 13 per debit instruction | ?20 + GST per ISIN debit |
| Offline order placing Charge | Rs 20 per executed order | ?50 per trade (call & trade; plus GST per DOCX) |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 365 days on Zerodha Pi | Yes |
| End of Day | 10 years on Zerodha Pi | Yes |
| Coding/Backtesting | |
| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
Leverage Provided
| Equity | 20x intraday | N/A |
| Equity Futures | Upto 7x intraday leverage | N/A |
| Equity Options | Buying no leverage, Shorting upto 7x leverage intrdaday | N/A |
| Currency Futures | 2x intraday leverage | N/A |
| Currency Options | Buying no leverage, Shorting upto 2x intraday leverage | N/A |
| Commodity | 2.5x intraday leverage | N/A |
| 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 | |
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 150.4 Crores | N/A |
| Profit after Tax FY12/13 | Rs 175.8 Crores | N/A |
| Profit after Tax FY13/14 | Rs 214.27 Crores | N/A |
| Profit after Tax FY 14/15 | Rs 365.58 Crores | N/A |
| Profit after Tax FY 15/16 | Rs 440.99 Crores | N/A |
| Profit after Tax FY 16/17 | Rs 511.02 Crores | N/A |
| Profit after Tax FY 17/18 | Rs 645.36 Crores | N/A |
| Profit after Tax FY 18/19 | Rs 815.75 Crores | N/A |
| Profit after Tax FY 19/20 | Rs 599.98 Crores | N/A |
| Profit after Tax FY 20/21 | Rs 622.13 Crores | N/A |
| Profit after Tax FY 21/22 | Rs 1,122.38 Crores | N/A |
| Profit after Tax FY 22/23 | Rs 2,094.87 Crores | N/A |
| Debt FY11/12 | 0 | N/A |
| Debt FY12/13 | 0 | N/A |
| Debt FY13/14 | 0 | N/A |
| Debt FY14/15 | Rs 4.45 Crores | N/A |
| Debt FY15/16 | Rs 4.88 Crores | N/A |
| Debt FY16/17 | Rs 5.22 Crores | N/A |
| Debt FY17/18 | Rs 5.68 Crores | N/A |
| Debt FY18/19 | Rs 6.25 Crores | N/A |
| Debt FY19/20 | Rs 5.87 Crores | N/A |
| Debt FY20/21 | Rs 6.11 Crores | N/A |
| Debt FY21/22 | Rs 6.47 Crores | N/A |
| Debt FY22/23 | Rs 6.98 Crores | N/A |
| Profit to Equity(%) FY11/12 | 19% | N/A |
| Profit to Equity(%) FY12/13 | 24% | N/A |
| Profit to Equity(%) FY13/14 | 21% | N/A |
| Profit to Equity(%) FY14/15 | 21% | N/A |
| Profit to Equity(%) FY15/16 | 23% | N/A |
| Profit to Equity(%) FY16/17 | 26% | N/A |
| Profit to Equity(%) FY17/18 | 28% | N/A |
| Profit to Equity(%) FY18/19 | 29% | N/A |
| Profit to Equity(%) FY19/20 | 33% | N/A |
| Profit to Equity(%) FY20/21 | 28% | N/A |
| Profit to Equity(%) FY21/22 | 29% | N/A |
| Profit to Equity(%) FY22/23 | 29% | N/A |
| Balance Sheet Size FY11/12 | Rs 1225.4 Crores | N/A |
| Balance Sheet Size FY12/13 | Rs 1864.5 Crores | N/A |
| Balance Sheet Size FY13/14 | Rs 2511.1 Crores | N/A |
| Balance Sheet Size FY14/15 | Rs 5288.18 Crores | N/A |
| Balance Sheet Size FY15/16 | Rs 6512.98 Crores | N/A |
| Balance Sheet Size FY16/17 | Rs 8459.44 Crores | N/A |
| Balance Sheet Size FY17/18 | Rs 9,114.87 Crores | N/A |
| Balance Sheet Size FY18/19 | Rs 9,816.55 Crores | N/A |
| Balance Sheet Size FY19/20 | Rs 10,719.22 Crores | N/A |
| Balance Sheet Size FY20/21 | Rs 11,920.63 Crores | N/A |
| Balance Sheet Size FY21/22 | Rs 12,721.16 Crores | N/A |
| Balance Sheet Size FY22/23 | Rs 15,322.10 Crores | N/A |
Zerodha Securities and First Demat 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 Zerodha Securities and First Demat provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Zerodha and First Demat for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Zerodha and First Demat are SEBI-registered brokers with good reputations. Zerodha is known for its trading platforms, while First Demat is praised for cost-effective pricing.
Yes, both Zerodha and First Demat offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
