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 Zerodha Customer Reviews, Complaints, Experiences & True Feedback

Zerodha

Zerodha is a Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in India Stock, Commodity and Forex Market. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irresp... Know more about Zerodha

Stock Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service 107 votes
Rated 4.3 stars Rated 4.4 stars Rated 4.7 stars Rated 4.0 stars Rated 4.2 stars Rate
              

77. Daily Trader  Dec 28, 2012 10:47:09 AM IST |  Reply 

The fund transfers from bank account to Zerodha trading account are charged at Rs 9 per transaction. This is major disadvantage. Can zerodha resolve this?

77.1. Chittorgarh.com Team  Dec 28, 2012 4:09:46 PM IST | 

Dear Daily Trader,

There are various options available with Zerodha for fund transfer. Most of them are free. Please find the detail on below link:

http://www.chittorgarh.com/article/zerodha_fund_transfer_deposit_withdrawal/21/

Hope this will help.

76. ashish kumar bansal  Dec 22, 2012 9:39:36 PM IST |  Reply 

i have to play a small game like 1000 or 2000 rs. For example if i purchace 1000 rs. Share so what will be charge of purchace and what will be extra charge for sell.

75. deepa  Dec 19, 2012 3:55:39 PM IST |  Reply 

excellent ..hats off. Just need improvement in software interface. otherwise no complaints. Yeah , it goes without saying...investors should take their own inevestment call.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent

74. Asif  Dec 17, 2012 8:44:21 PM IST |  Reply 

Due to less brokerage and less other charges, it is good to be with Zerodha.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Below Average
Customer Service - Above Average
Overall Experience - Excellent

73. Kiran  Dec 14, 2012 9:05:58 PM IST |  Reply 

Hi,
I would like to open an account with Zerodha for trading purpose.
I have another account with reliance securities, can I the same demat account to link this Zerodha trading account?

If not, is there any ice providers.

Thanks for you kind reply.

73.1. Sanjiv  Dec 17, 2012 9:59:18 PM IST | 

Hi Kiran,

Yes you can surly Demat account with Reliance but its not recommended.

Zerodha has partnership with IL&FS for demat account and when you open the demat account with IL&FS, all the transactions between your broker account and demat accounts are seamless.

If you Reliance Demat account with Zerodha Broker Account, every time you sell the shares which are there in demat account, you will have to delivery the shares to Zerodha manually or e-instructions if Reliance provides that facility. This additional step will make trading little complicate.

Hope this make sense.

72. Amudha  Dec 14, 2012 10:49:45 AM IST |  Reply 

Under the head Other Broker Hidden charges), it is mentioned that "Standard NSE charges, transaction charges and statutory levies are charged". It is not correct. As per NSE circular No.NSE/F&A/13029 dated 7-9-2009, the maximum transaction charges levied by Nse is Rs.190 per cr of turnover, and the minimum is Rs.175/cr, for Futures segment.This is the amount charged by other brokers also. But Zerodha charges its clients Rs.490/cr. In Options segment, Nse charges Rs.5000/cr of premium, but Zerodha charges Rs.8000/cr. It is a wrong charge under the guise of "statutory levies".

72.1. sathish  Jun 23, 2013 4:15:37 PM IST | 

thanks for ur informations

71. Akhil  Dec 10, 2012 1:14:08 AM IST |  Reply 

Ihad earlier used kotak securities which charged me unnecessarily..now after shifting to zerodha,am making a lot of savings.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent

70. Amit  Dec 08, 2012 11:31:30 PM IST |  Reply 

I have one question on Zerodha. Please provide authentic answers.

I was comparing it with one other brokerage and "After Hours Trading" was not ticked. Does that mean I cannot even place an order when market is closed. With my previous online broker, I always placed orders after hours so that it goes to exchange next day.

70.1. Chittorgarh.com Team  Dec 09, 2012 9:43:12 AM IST | 

Dear Amin,

We have corrected the information now.

Zerodha now allows After Hours Ourders (AMO) facility on the new trading platform ''Zerodha Trader''.

70.2. Amit  Dec 09, 2012 9:57:02 AM IST | 

Thank you for the correction.

69. dattaak  Dec 01, 2012 10:01:53 PM IST |  Reply 

The software platform is excellent including back office.The services offered are also satisfactory.They have to establish 3 in 1 account in course of time so that they will be No. 1 in India

68. Kamal  Nov 20, 2012 2:18:50 AM IST |  Reply 

I have had excellent experience with Zerodha in terms of brokerage and customer service!!!

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Excellent

67. kamal  Nov 16, 2012 10:44:14 AM IST |  Reply 

Another Cons of Zerodha is the trading hours which one can trade with. It is up to 3:10 p.m. only

67.1. Amit  Dec 09, 2012 10:01:01 AM IST | 

Kamal, Is this something you experienced or read it on the site. If you see my comment # 68, they have updated that "After Hours" order placement is allowed. Your input would be appreciated.

66. Manish  Nov 15, 2012 11:23:43 AM IST |  Reply 

I have demat with geojit can I open only Trading Account with Zerodah and link it to my Geojit Demat. I asked Geojit they told that they wont ANNual Maintenance Charges) there is no any other charges or fees for the shares to get settled in DEMAT. Kindly Clarify my Doubts.

65. Sudarshan  Nov 04, 2012 1:27:22 PM IST |  Reply 

Intricate margin, i.e. much higher problems with their margin calculations and other problems. Day time one margin and after 2 OR 3 their margin balance changes, who knows all these bakwas thing. I got Rs8100 loss with their policies, at that time I told to allow roll over but not cooperated. (I told to them i will approach legally)
Always some or other problems
It is not bad but certainly not Good service

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average

64. Priya  Nov 01, 2012 2:30:04 PM IST |  Reply 

Good News for Zerodha Customers.

Zerodha is now offer trading at BSE through its ''Zerodha Trader'' platform.

63. Priya  Oct 16, 2012 12:52:42 PM IST |  Reply 

The Hindu Business Like

Broking houses embark on branchless trading (Offer cheaper and more viable model)
Priya Sheth
Mumbai, Oct. 15

The pillars of the Indian retail broking model are slowly morphing into an e-broking structure without any physical presence. While most brokers are struggling to stay afloat in this uncertain market scenario, e-broking firm Zerodha is enjoying increasing business by the day.

Traditional brokerages do offer online trading facility to traders, but they do have physical branch in that area so that if there is any problem, traders can fall back on them.

Now even a number of bigger brokerages are betting big on the online brokerage model as it is a cheaper and more viable model.

To read more click:

http://www.thehindubusinessline.com/todays-paper/tp-markets/broking-houses-embark-on-branchless-trading/article4000189.ece

62. sujit das  Oct 02, 2012 9:01:59 PM IST |  Reply 

can anybody tell me how i can see spot nifty and spot rupee in zerodha trader platform

61. Sujit das  Sep 30, 2012 7:46:05 PM IST |  Reply 

Sir can anybody tell that one can trade in windows mobile in zerodha trader platform sujit das using zerodha since sept 2012

61.1. Vikram  Sep 30, 2012 9:00:48 PM IST | 

Sujit,

Zerodha doesn''t provide mobile trading as of now. They are planning to launch it in next few months.

Vikram

61.2. ritesh bhatt  Oct 26, 2012 5:26:46 PM IST | 

zerodha launching mobile trade software in november..

60. kishor m waychal  Sep 29, 2012 10:52:51 PM IST |  Reply 

THERE IS FACILITY OF IMMEDIATE TRADE CONFERMATION DURING TRADING HOUR OF A TRADE DONE.

59. KULBIR KUMAR  Sep 23, 2012 12:22:32 AM IST |  Reply 

Zerodha management is very well. I hope it will provide suitable trading atmosphere for their customer.

Thanks,
Zerodha's Customer
kulbir kumar

-----------
Kulbir is trading with Zerodha from Feb 2012.
-----------

58. Shadab Waseem  Sep 19, 2012 10:45:17 AM IST |  Reply 

Good software ie. NSE NOW , very very much better than odin.

Also I would like to add that for android system mobile trading software can be downloaded , very fast,clean and neatly build.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Excellent

58.1. Sharath  Oct 06, 2012 10:11:29 AM IST | 

Hi, how long have you been using Zerodha, i want to get into active trading but on a small scale. Do you recommend Zerodha? Also please help with the link for the Android downof the trading app.

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