Zerodha Trading Software Review | Download, Demo


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Zerodha offers a range of trading software and tools to its customers. It has also partnered with other companies to provide 3rd party platforms to its customers. Various platforms and tools offered by Zerodha includes-

  1. Kite 3.0 (Web-based trading platform)
  2. Kite Mobile (Mobile Trading App)
  3. Console (Reporting Dashboard)
  4. Coin (Mutual Fund Investment)
  5. Sentinel (Live Market Alerts)

In addition to its proprietary software, Zerodha also gives its customers access to several partner products including-

  1. Smallcase (Portfolio Building Tool)
  2. Streak (Algo & Strategy Platform)
  3. Sensibull (Options Trading Platform)
  4. GoldenPI (Online platform for bonds & debentures)

Detailed Zerodha Trading Platform Review- Features, Demo & Downloads

Let's discuss each of the Zerodha Trading Software in detail including their key features, demo and downloads-

Zerodha Kite 3.0 (Web-based trading platform)

Kite 3.0 is a powerful web-based trading platform offered by Zerodha. The platform is built in-house by the company and offers a fast and reliable trading experience to traders. It has a range of new and essential features such as-

  • Universal search instrument to quickly search across 90,000+ stocks and F&O contracts across multiple exchanges instantly.
  • Real-time data widgets to get quotes, live ticks and order alerts, etc.
  • Advanced charting capabilities with 100+indicators, studies, and tools and extensive historical data.
  • Multilingual platform with support for 11 regional languages.
  • Multiple order types including Limit, Market, StopLoss, AMO, Bracket and Cover orders.
  • Integration with investment apps like smallcase and streak offered by partners of Zerodha.
  • Single click fund transfer and withdrawal.
Zerodha Kite

Zerodha Kite Demo (Zerodha Kite User Manual)

Zerodha Kite 3.0 is an advanced trading platform with a range of features. Traders who are new to the platform would need some understanding of the various features and functionalities of the platform to use it. Zerodha Kite 3.0 User Manual explains all the features of the Kite platform in a simple way.

Zerodha customers can learn about Kite 3.0 platform by visiting this page.

Kite Mobile (Mobile Trading App)

Kite Mobile is a mobile trading app developed by Zerodha. The mobile trading software brings Zerodha's flagship trading platform Kite Web on Android and iOS smartphones. Zerodha customers can download the mobile app and use it to analyze and trade. The app offers many essential trading features such as-

  • One-tap search for all stocks and contracts across all exchanges
  • Quick Buy and Sell
  • Live market data
  • Create multiple MarketWatch
  • Live market depths
  • Advanced charting features with 100+ indicators and studies
  • Historical data
  • Various order types including AMO, BO (Bracket orders), CO (Cover orders)
  • Fund transfer facility
Zerodha Kite Mobile

Zerodha Mobile Trading Software Download

The Zerodha mobile app is available for Google Android and Apple iOS smartphones. The Zerodha trading mobile software can be downloaded for free from:

Zerodha Coin (Mutual Fund Platform)

Zerodha Coin is a mutual fund platform that lets you invest in various funds online. Investors can directly invest in mutual funds from the companies at zero commission. Various features of the mutual fund platform from Zerodha includes-

  • Free platform for mutual fund investments
  • Zero commission charged
  • Mutual funds are directly credited in your Zerodha Demat account form
  • Single reports like the capital gain statement, P&L visualizations, etc., for all your investments.
  • SIP facility, increase or decrease SIP as per your wish
  • View and track NAV of the funds.
Zerodha Coin

Coin Mobile App

Coin is also available as a mobile app for Zerodha customers. The Coin mobile app provides you with convenience to invest in 3000+ mutual funds from 34 fund houses directly at zero commission. The app offers all the features available in the web-based platform of the Coin.

Coin Mobile App Download

The Zerodha Coin mobile app is available for Google Android and Apple iOS smartphones. The Coin app can be downloaded for free from:

Console (Reporting Dashboard)

Console is the back-office platform of Zerodha. It's a trade and reporting dashboard offering a range of features to Zerodha customers such as:

  • Facility to place withdrawal requests
  • Monitor credits and debits in your trading account through your account statement
  • View your portfolio- stock positions and mutual fund investments
  • Access to multiple reports including trade book, P&L etc.
  • Download contract notes and margin statements
  • Access analytics tools such as tradebook and P&L heatmap

Sentinel (Price Alerts Tool)

Sentinel is a cloud-based, machine-independent tool for setting up price alerts on stocks and contracts. The tool allows traders to set up price alerts that can be triggered for any time and even when your computer is off.

Zerodha Sentinel Features

  • Set alerts for 80,000+ instruments across exchanges.
  • Create advanced alerts that combine multiple triggers.
  • Get alerts on Google Chrome browser, Kite web platform and via email.
  • View history of all your triggered alerts.
  • Available for zerodha non-clients also.
  • Free 30 trigger alerts based on a single data-point
  • Supports multiple types of data points including today's Open, High, Low, Close, Volume, Percentage of Change, Open Interest, Total Bids, Total Asks, etc.
Zerodha Sentinel Zerodha Sentinel

Zerodha Dial and Trade Facility

The Zerodha's Dial-N-Trade facility allows you to place buy/sell orders over the phone. You need to dial the dealing desk provided on the company's website and a company executive will place the orders. The facility is charged at ₹50 per executed order.

Zerodha Commodity Trading Software

Zerodha is a leading online discount broker offering commodity trading services at MCX and NCDEX. Zerodha trading platform for commodity includes:

  1. Kite 3.0 ( Web-based Trading Platform)
  2. Kite Mobile App (Mobile Trading App)

Zerodha commodity trading software download is available on its website. Steps to download the Kite Mobile App has explained above.

Zerodha Forex Trading Platform

Zerodha offers currency derivatives trading at BSE and NSE exchanges.

Customers can use any of the available Zerodha trading software online to trade in currency futures and options.

Zerodha Trading Tools

Zerodha also provides a range of online trading calculators to its customers. The online trading calculators are useful in quickly calculating brokerage fees and margin etc. Trading tools offered by Zerodha includes-

  1. Brokerage Calculator- It helps you in calculating profit from a trade by giving you a complete breakdown of brokerage fees and various other charges and taxes.
  2. Margin Calculator- It helps you calculate the various margin required like Span, exposure, and total margin etc., to help you know the amount of margin needs to be maintained in a trade.
  3. Black-Scholes calculator- Designed for Options Traders, the calculator uses the popular Black-Scholes model to calculate the premium and various Option Greeks that have an influence on the pricing of an Options contract.
  4. Pi Expert Advisors- It allows you to code your technical analysis strategy without coding, backtest it to check its past performance and take it to live on Pi Expert Advisors. It will then generate real-time Buy/Sell signals for the strategy.

Partner products Offered by Zerodha

In addition to its proprietary platforms and trading tools, Zerodha also gives its customers access to several partner products (developed and owned by other companies) like-

  1. Smallcase
  2. Streak
  3. Sensibull
  4. GoldenPI

Smallcase

A smallcase is a portfolio or collection of stocks and ETFs built around a single idea, strategy or theme. A smallcase includes between 2 to 50 instruments. It allows you to invest in all the stocks included in a specific smallcase, monitor and manage it with one click. The product can be integrated with your Kite 3.0 platform and operated using your Zerodha account.

Zerodha Smallcase Features

  • 55+ different smallcases to choose from
  • 4 smallcase types including thematic, model-based, sector trackers and beta
  • Smallcases for investors with all risk types including conservative, moderate and aggressive
  • View and monitor your investments anytime, anywhere
  • SIP facility
  • No lock-in periods unlike some mutual funds
Zerodha Smallcase

Zerodha Smallcase Pricing

One-time fee of ₹ 100 + GST per smallcase (no additional fees for investing more in the same smallcase). There's no fee for Weather Investing and Smart Beta smallcases. All other orders have a fee of Rs. 50 + GST. Standard brokerage charge is also applicable.

Zerodha Smallcase Demo

You can watch the Zerodha Smallcase Demo Video here- https://smallcase.zerodha.com/

Zerodha Streak Algo Trading

It is a cloud-based platform for retail traders to create trading algorithms without coding, Backtest them on historical data and deploy them to live in the market. Some of the major features of the Zerodha streak algo trading platform includes-

  • Write your strategies in English and the platform does the coding
  • Create strategies leveraging 60+ indicators
  • Backtest all your strategies with up to 5 years on any instrument
  • Deploy multiple strategies with one click
  • Get notifications and track live positions

Zerodha Streak Free Trial

Zerodha Streak Free Trial is available for a 7 day period. During the free trial period, you can do 20 backtests and 2 live deployments of strategies at a time.

Zerodha Streak Pricing & Charges

Customers have to pay a monthly fee depending on the chosen plan. There are 3 plans available Basic, Premium and Ultimate at a monthly fee of Rs 500 + GST, Rs 900+ GST and Rs 1400+ GST.

Zerodha Sensibull (Options Trading Platform)

Sensibull is an options trading platform. The platform is available for customers of several stock broking companies including Axis Direct, Kotak Securities, Edelweiss, ICICI Direct, Upstox and Karvy stock broking etc.

The Sensibull platform suggests a list of strategies based on your market view. For example, let's assume you think SBI share price is going to stay between 280 and 300 this week. But you are not sure which option strategy to deploy to profit. Sensibull will give you suggestions with a list of strategies on the type of option to buy, at what strike and expiry date with return potential and risks involved in each strategy. You can also customize the strategy by tweaking a few parameters as per your needs. Other features of the Sensibull platform include-

  • Compare suggested option strategies to find the best one.
  • Options strategy builder
  • Analyze your trade and positions
  • Access to enhanced option chain
  • Events calendar to keep an eye on major events that can impact your trade
  • Options Analyzer for deep analysis of contracts.
  • Facility to directly place orders.
  • Advanced filters to quickly find a profitable strategy
  • Futures and Options contract screeners
  • Facility for simulation trading

Zerodha Sensibull Demo (Zerodha Sensibull User Manual)

Sensibull is one of its kind platform for Option Trading strategies. It would take some learning for traders to master over its various features. To know how to use sensibull and learn in detail about various features, please visit- https://sensibull.com/docs/index.html

Zerodha Sensibull Pricing (Charges)

There are 3 subscription plans for Zerodha Sensibull- Free, Lite and Pro. The Zerodha Sensibull Free version has limited features. The Lite and Pro versions are available at Rs 800 and Rs 1300 per month.

Zerodha GoldenPI (Online Platform For Bonds & Debentures)

GoldenPi is India's first free online platform for investments in bonds and debentures. The company has partnered with several banks, bond trading institutions, and large financial organizations to give its customers access to various bonds and debentures. The platform takes care of the entire process of bond investment starting from opening the account to bond units getting transferred to the customer's Demat account. Some of the key features of GoldenPi platform include-

  1. Zero Commission investments
  2. Online access to over 3000 Crores worth of Bonds
  3. Invest in bonds for as low as Rs 10,000.
  4. Real-time updates on your incoming interest payments
  5. Goal-based investment process
  6. Round-the-clock personal assistance.
  7. Demat account opening assistance

Zerodha GoldenPi Pricing (Charges)

GoldenPi doesn't charge any fees or commission for investments in bonds and debentures.

Incorporated in 2010, Zerodha is a Bengaluru based online discount broker. The company offers online stock broking services in equity, currency, and commodities across NSE, BSE, and MCX.

Zerodha is the largest stock broker in India by active clients. It has over 8.40 lakh clients from across India. The company contributes to over 10% of all Indian retail volumes from the stock market.

Zerodha is popular among the trading community for its low brokerage fee and highly advanced trading tools. It charges zero brokerage fee for equity delivery trades and ₹20 or 0.03% (whichever is lower) per order on intraday trades across equity, commodity, and currency.

Zerodha offers a range of trading platforms and tools for traders to analyze and trade. It leverages new technologies to power its trading platforms and is known for introducing new trading features.

Zerodha is a member of Central Depository Services Limited (CDSL) and offers depository services such as demat account opening and other related services. It also offers online investment services in Mutual Funds and Fixed Income Bonds.

Zerodha Special Offer

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Frequently Asked Questions

  1. 1. Is Zerodha Kite free?

    Yes, Zerodha Kite is available for free to customers. The trading platform offers many advanced features such as universal instrument search, Charts with 100+ indicators, studies, and tools, GTT (Good Till Triggered orders), etc.

     

     

  2. 2. What is CNC in Zerodha Kite?

    CNC is an abbreviation for Cash and Carry. It is an order type used for delivery-based orders. If you want to buy a stock and want to hold it for more than 2 days then you need to use the CNC order type. Zerodha offers brokerage free delivery trading which means all CNC orders are free of brokerage.

     

     

  3. 3. What is MIS in Zerodha Kite?

    MIS is an abbreviation for Margin Intraday Square off. It is an order type used for Intra-day orders in equity and F&O. The MIS orders are squared-off automatically at the end of the day if they are not settled by the customer during the day. Note, Zerodha charges an additional ₹20 per executed order for intra-day positions squared-off by the system.

     

     

  4. 4. What is NRML in Zerodha?

    NRML in Zerodha stands for NORMAL orders. These orders are used for delivery based trading wherein you want your shares/contracts to be credited in your demat account and hold it for more than 2 days.

     

     

  5. 5. What is Zerodha cover order?

    A Zerodha Cover Order (CO) is a type of order used to minimize the risk in a position in intra-day trading. In the case of CO, two orders are placed together as one order. The buy/sell order is placed with a compulsory Stop Loss order in a specified range.

    Note:

    • CO is an intraday product.
    • CO is available in Equity, F&O, Currency & Commodity.
    • COs aren't allowed on BSE stocks, stock options and currency options.
    • The Stop Loss order cannot be cancelled.
    Zerodha Kite Cover Order

     

     

  6. 6. What is LMT in Zerodha?

    LMT in Zerodha stands for the LIMIT order. It is an order to buy/sell shares or contracts only at the desired price. The LMT order is set below/above the CMP (Current Market Price) depending on whether you're buying/selling the order.

     

     

  7. 7. Does Zerodha allow BTST?

    Yes, Zerodha allows BTST (Buy Today Sell Tomorrow) orders. It is a facility wherein you can buy a stock today and sell it tomorrow (before you get the delivery of the shares). This allows you to gain from a short-term price increase in stock.

    To do BTST trade, you have to buy a stock using CNC product type (delivery trade) and the next day sell the stock using the CNC product type.

    Note:

    • Zerodha doesn't allow BTST trades in T2T stocks, stocks under GSM (Graded surveillance measures) or ASM (Additional surveillance measures).
    • There is a small risk of Short Delivery in the BTST order. In case the seller from the first trade doesn't deliver the shares on time (T+2 days), you may not be able to deliver the shares to the buyer of 2nd In this case, you will face the risk of auction penalty which can be up to 20% of the value of stock short delivered.

     

     

  8. 8. What is IOC in Zerodha Kite?

    IOC stands for Immediate or Cancelled Orders in Zerodha Kite. IOC orders allow customers to buy or sell a security as soon as the order is released into the market, failing which the order is cancelled.

    IOC orders are designed to be executed immediately or it is automatically cancelled. A partial match of the order can be executed with an unmatched part getting cancelled.

     

     

  9. 9. What is AMO in Zerodha Kite?

    AMO in Zerodha Kite stands for After Market Orders. It is a facility provided for people who can't actively track the markets from 9:15 am to 3:30 pm. Zerodha AMO orders can be placed only during the following time duration:

    • Equity - 3:45 PM to 8:57 AM for NSE, [3:45 PM to 8:59 AM for BSE]
    • Currency - 3:45 PM to 8:59 AM
    • F&O - 3:45 PM to 9:10 AM
    • MCX - Anytime during the day, if placed during the market hours the order will go through the next day at 9 AM

    Note:

    • The AMO orders are executed on the next trading day.
    • AMO orders can't be placed during market hours.
    • AMO orders are allowed for all product types (CNC/MIS/NRML) except for BO/CO
    • On weekends and trading holidays, AMO orders can be placed at any time.
    Zerodha Kite AMO Order 1

     

    Zerodha Kite AMO Order 2

     

     

  10. 10. What is GTT in Zerodha kite?

    GTT in Zerodha Kite stands for Good Till Triggered orders. Orders placed under GTT get executed anytime (within 1 year) when the price set by the trader is reached. This gives your order a longer validity period. These orders can be cancelled by the trader at any time.

    For example, Infosys is currently traded at ₹780 but you would like to buy it for ₹700. In this case, you can place a GTT order which will remain active until the price reaches 700 (or 1 year).

    Similar to GTC (Good-till Cancelled) orders or GTV (Good-till valid) orders, the GTT order is very useful for the customer who does not track the markets actively.

    Zerodha GTT Order (GTC Equivalent) Explained

     

     

  11. 11. What is stop-loss Zerodha?

    A Stop Loss (SL) order in Zerodha is used to minimize the extent of losses in intra-day trading. The stop-loss orders are placed along with buy or sell orders. Zerodha automatically executes the SL order once it reaches the set price of the stock.

    So for example, if you have bought a stock at ₹200 and you want to limit the loss at 190, you can place an order in the system to sell the stock as soon as the stock comes to 190. Such an order is called a 'Stop Loss', as you are placing it to stop a loss more than what you are ready to risk.

    There are 2 types of Stop-Loss orders in Zerodha Kite:

    1. SL order (Stop-Loss Limit) = Price + Trigger Price
    2. SL-M order (Stop-Loss Market) = Only Trigger Price
    Zerodha Kite Stop-loss Order 1

     

    Zerodha Kite Stop-loss Order 2

     

     

  12. 12. What is trailing stop loss Zerodha?

    A Stop Loss Order (SL) is used to minimize losses by a trader and is placed alongside a buy order. The SL order is executed when it reaches the price set by the trader. A trailing stop-loss order in Zerodha is set as several ticks rather than a fixed price. The stop loss moves up/down by the number of ticks set by the trader depending on the price movement.

     

     

  13. 13. Does Zerodha allow short selling?

    Yes, Zerodha allows short-selling of shares. However, like short-selling with any broker, you have to buy back the shares or square off your position by the end of the market hours. If you fail to buyback or square off then you have to pay penalties.

     

     

  14. 14. What is market depth Zerodha Kite?

    Zerodha Kite Market Depth enables you to see the best 5 bids and offers for stock or contract in the selected exchange. To open the market depth, go to Market Watch and move the mouse over the scrip or select & hit D in your keyboard. It provides an overview of the levels at which most orders are placed.

    Zerodha Kite Market Depth

     

     

  15. 15. What is T1 in Zerodha holdings?

    The T1 in Zerodha holdings is for those shares that you've bought but are not yet credited into your demat account. It takes T+2 days (T being the trading day) for the shares to be credited into your demat account. T2 shares are those shares that are credited to your demat.

     

     

  16. 16. What is Zerodha Kite Connect?

    Zerodha Kite Connect is a set of APIs built on top of the Kite platform. It allows investors to get programmatic access to the platform and its data to build trading platforms as per their own needs. Kite Connect comes at a subscription of ₹2000 per month.

     

     

  17. 17. What is validity in Zerodha Kite?

    Validity in Zerodha Kite means the time till an order placed is valid. There are options like Day orders (valid till the end of the day), Immediate or Cancel orders and GTT (Good Till Triggered orders).

     

     

  18. 18. What is Payin in Zerodha Kite?

    Payin in Zerodha Kite is the funds transferred by the customer from his bank account into his trading account. The transferred amount is shown in the 'pay in' column on the website. The amount is also added to the 'margin available' column.

     

     

  19. 19. What is the withdrawable balance in Zerodha?

    Withdrawable balance is the amount you can transfer back to your bank account from the trading account. For equity, it is calculated as:

    Withdrawal balance = (Available balance) - (today's and yesterday's stock holding sell value) - (today's and yesterday's intraday profits) - (today's F&O profits) - (present day's payin).

     

     

  20. 20. What is Zerodha free cash?

    Zerodha free cash is the funds available in your trading account which can be used for placing new buy/sell orders. Free cash is calculated as:

    Free Cash = Cash margin Available + Pay In + Direct Collateral - Margin Used

     

     

  21. 21. What is LTT in Zerodha?

    LTT in Zerodha is an abbreviation for Last Traded Time. The last traded time shows when a particular share or contract was last bought or sold. It helps traders know the demand for a particular share on a particular day.

     

     

  22. 22. What is LTP in Zerodha?

    LTP in Zerodha is an abbreviation for Last Traded Price. LTP means the price at which the stock was last traded. The LTP of stock gives a hint to a trader on the direction of price movement. The LTP is different from the Closing Price of the stock.

     

     

  23. 23. What is disclosed quantity Zerodha?

    Disclosed quantity in Zerodha is a part of the actual quantity you want to disclose in an order. The disclosed quantity will be shown on the market screen. However, during execution, the actual quantity of the order is executed. It cannot be greater or equal to order quantity and less than 10% of the order quantity.

     

     

  24. 24. What is P&L Zerodha?

    P&L stands for Profit and Loss Statement in Zerodha. It provides detailed information on the profit or losses incurred by you in your trades. The P&L statement can be accessed from Zerodha Console, a back-office website. The Zerodha P&L takes into account keep track of corporate actions, splits, and transfers.

     

     

  25. 25. What is Zerodha retention statement?

    As per SEBI guidelines, every broker must transfer any excess funds lying in your trading account back to your bank account once in a quarter. However, he can retain funds for the margin requirements of open positions. If funds retained, Zerodha needs to send an explanation which is called 'Retention Statement'

     

     

  26. 26. What is RMS in Zerodha?

    RMS in Zerodha is an abbreviation for Risk Management System. It is software that defines margin rules to ensure that traders don't default on payments & delivery of their orders. All orders placed by the customers go through the RMS software which approves or rejects orders based on multiple factors associated with risk in the trade.

     

     

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Information on this page was last updated on Thursday, July 9, 2020


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