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Zerodha FAQs (Frequently Asked Questions)

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Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intr... Know more about Zerodha

Do you have questions about Zerodha share trading account or Zerodha Demat account?

Get all your share trading doubts and questions answered by reading the Zerodha demat, trading account information FAQ. All Zerodha questions, Zerodha q&a, Zerodha faq and Zerodha questions and answers.

Zerodha Special Offer

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  • Free account opening for all people.
  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

Frequently Asked Questions

  1. 1. What are Zerodha trading and demat account?

    To trade or invest in India Stock Market, you need 3 accounts; trading, demat and bank account. Zerodha offers trading and demat accounts. The Zerodha trading account is required to place buy & sell orders. The Zerodha demat account is required to hold bought securities in electronic form. Both trading and demat accounts are linked to the bank account (with any bank).



  2. 2. What is Zerodha discount broker?

    Zerodha is an online discount broker. Discount brokers are those brokers who offer only online broking services at a very low-cost. They use the latest computer technology to offer online trading services to millions of customers. They usually do not offer many add-on services like research, advisory, portfolio management, neighborhood branches, personal relationship managers, etc. The brokerage charge for discount brokers is significantly less than traditional full-service brokers.

    Find more detail at:



  3. 3. Zerodha is trading or demat account?

    Zerodha is an online discount broker that offers both trading and demat accounts. These accounts are for trading in stocks, derivatives and bonds, etc. The demat account also holds Mutual Funds. Zerodha offers a 2-in-1 account which is a combination of trading and demat accounts linked together for seamless online transactions.



  4. 4. Does Zerodha have Forex trading?

    Yes, Zerodha offers trading in forex (currency). You can trade in currency derivatives at BSE and NSE exchanges using the Zerodha trading account. The customer has to enable the Currency trading segment before start trading in the currency.



  5. 5. Is Zerodha free?

    Yes, Zerodha offers brokerage free equity delivery trading and Mutual Fund investment. Brokerage for Intra-day and F&O trading charged at Rs 20 per executed order 0.03% whichever is lower. 


    • Government taxes and demat charges apply to all trades that included equity delivery.
    • Zerodha charges a demat debit transaction fee of Rs 13.5 per debit transaction for equity delivery trades.
    • There are no demat charges for mutual funds redemption.

    Check Zerodha Brokerage Charges for more detail.



  6. 6. Is Zerodha listed company?

    Zerodha is a privately held company. It is not listed in any stock exchange.

    However, it is a registered member of SEBI, NSE, BSE, MCX, NCDEX and CDSL. Zerodha Commodities Pvt. Ltd. is a subsidiary of the company.



  7. 7. How does Zerodha work?

    Zerodha works on an online discount brokerage model wherein only online trading services are offered to customers. It heavily uses technology to serve its customers and has very few branches & offices. Technology helps them to scale and reduce the operational cost which in-tern helps them to maintain huge profits despite offering low-cost trading.



  8. 8. What does word Zerodha mean?

    Zerodha means No-barriers.

    Zerodha is made of two words; Zero and Rodha. Rodha is a Sanskrit word. It means barrier (blockade, obstacle, hurdle or difficulty).

    The word Zerodha shows the company's commitment to offering the cheapest brokerage to Indian investors.



  9. 9. How long Zerodha is in broker business?

    Zerodha started its brokerage business on 15th August 2010.



  10. 10. Is Zerodha good for long term investors?

    Yes, Zerodha is good for long term investors. It offers Equity delivery brokerage at free that brings down the trading costs thereby helping a lot of money in the long term. Zerodha also offers commission-free direct mutual funds which result in additional earning of 1% yearly.



  11. 11. Can Zerodha arrange someone to visit me to pick up the forms?

    Zerodha doesn't offer home pickup of account opening forms. You will have to courier the forms to Zerodha Bangalore office. The forms can be filled online.



  12. 12. Does Zerodha give interest?

    No, Zerodha doesn't give interest on the money held in the trading account. Zerodha also doesn't accept personal FDs as margin for trading.



  13. 13. How long does it take to open an account with Zerodha?

    Once Zerodha receives the form; the equity trading and commodity trading accounts are opened within 48 hours.



  14. 14. Does Zerodha work on Saturday?

    The Zerodha customer support is open till 2:00 PM on Saturdays. The sales and customer service don't work on Sundays and Market Holidays.

    Zerodha is an online broker. Almost all its services are offered online.



  15. 15. What is Zerodha 4-digit Support Code (Telephone code)?

    The Zerodha 4-digit support code (Z Pin) is a customer's personal identification for placing orders through the Call & Trade desk and for raising support requests. The support code is the new name for the telephone code (Z Pin).

    Every time you call Zerodha customer support or Call & Trade desk, you need to authenticate yourself using the support code to allow faster customer support.

    The support code gets assigned at the time of account opening. You can find your support code under your profile in Console/Kite. You can reset the support code any time by logging in to Console from your Account page by clicking on View and Reset under the Support Code tab.




  16. 16. What is F&O trading Zerodha?

    F&O trading in Zerodha is trading in derivatives (Futures & Options) contracts. In F&O trading, the contracts for the underlying asset like stocks are bought and sold. You can trade in the equity, currency and commodity derivatives with Zerodha.



  17. 17. How to change Zerodha bank account?

    To change the bank account linked with your Zerodha account, you need to submit the 'Account Modification Form' along with a bank proof document. Here are the steps to change Zerodha bank account-

    1. Visit Zerodha's website
    2. Go to the 'Download & Resources' section.
    3. Download 'Account Modification Form'
    4. Print, fill and sign the form
    5. Attach bank proof documents like bank statements, cancelled cheque etc., and send it to the company's Bengaluru office.



  18. 18. How much Zerodha charge?

    Zerodha charges Rs 0 (free) brokerage on equity delivery trades and Mutual Fund investments. It charges flat Rs 20 or 0.03% (whichever is lower) per executed order brokerage for trading in Intraday and F&O across Equity, Currency and Commodity segments.

    Zerodha Charges

    Trading Segment

    Brokerage Fee

    Equity Delivery

    Zero Brokerage

    Equity Intraday

    Flat Rs 20 or 0.03% (whichever is lower) per executed order

    Futures (Equity/Currency/Commodity)

    Flat Rs 20 or 0.03% (whichever is lower) per executed order

    Options (Equity/Currency/Commodity)

    Flat Rs 20 per executed order (on Turnover)

    Mutual Fund

    Rs 0 (Free Unlimited Direct MF)



  19. 19. What are the various platforms Zerodha provide?


  20. 20. What is UCC in Zerodha?

    UCC in Zerodha stands for Unique Client Code. Every Zerodha customer gets a UCC which helps the system and exchanges identify the customer. Recently, SEBI has asked brokers to map UCC with the demat accounts.



  21. 21. Does Zerodha provide technical charting?

    Yes, Zerodha provides advance technical charts on its free Kite trading platform. Technical charts offered in Kite are among the best in the industry.



  22. 22. How to transfer fund in Zerodha trading account?

    Zerodha offers 3 fund transfer options. Before you transfer the funds please note:

    • Transfer through UPI is free.
    • Adding funds through net banking cost Rs 9 per transaction.
    • Withdrawal is free of charge.
    • Withdrawals requests placed before 8:30 PM (for equity) and 8:00 AM (for commodity) on working days are processed on the same day.
    • Funds received from the sale of shares can be withdrawn only after T+2 days.
    • Funds received from exiting F&O positions can be withdrawn only on the next working day.
    • Pay-ins made during the day can only be withdrawn on the next day.
    1. Zerodha Kite

      Kite is Zerodha's flagship trading platform. To transfer funds (Pay-in or pay-out) using kite follow below steps:

      1. Login to Kite Web or Kite Mobile App
      2. Click on link 'Funds' in top right
      3. Click 'Add Funds' or 'Withdraw' button
      4. Follow the instructions on the screen.
    2. Console

      Zerodha back-office 'Console' provides a facility to check statements and withdraw funds from the Zerodha trading account. Follow the below steps to manage your funds through the console:

      • Login to Console using Kite IDs.
      • Click on link 'Funds' in top right
      • Click 'Overview'
      • Enter the amount you would like to withdraw.
    3. NEFT/RTGS from Bank Account

      You can transfer funds to your trading account from any linked bank account [Only Zerodha Linked Bank Account] using NEFT/RTGS fund transfer facility from your banks net banking facility.

      To transfer funds from your linked bank, you have to add Zerodha as a payee and then transfer funds. Once Zerodha is confirmed as a Payee, you need to make an online fund transfer and send them an email [to] giving Zerodha the details of the transaction reference number. Zerodha will update your trading limits as soon as the funds are available in its account and send you an SMS confirming the same.

      Zerodha Bank Account for NSE/BSE (Equity, F&O, Currency)

      • Bank Name: HDFC Bank
      • Account Name: Zerodha Broking Ltd
      • Account Number: ZERNSE
      • Account Type: Current Account
      • Bank/Branch: Sandoz Branch, Mumbai
      • IFSC Code: HDFC0000240

      Zerodha Bank Account for MCX (Commodities)

      • Bank Name: HDFC Bank
      • Account Name: Zerodha Commodities Pvt Ltd
      • Account Number: ZERMCX
      • Account Type: Current Account
      • Bank/Branch: Sandoz Branch, Mumbai
      • IFSC Code: HDFC0000240



  23. 23. Can I open a trading account on my minor son/daughter's name with Zerodha?

    No, Zerodha doesn't offer a trading account on minor's name.



  24. 24. Are there any charges if online fund transfer fails due to reason like internet disconnect?

    No, Zerodha doesn't charge any fee if the instant fund transfer fails in-between for any reason.



  25. 25. If I purchase 50 shares of Glenmark @ 800 other 50 shares @ 790 then brokerage will be charged at (20+20) or only 20 rupees, a single script is traded but different orders are placed?

    Note that Equity delivery brokerage is Rs 0 with Zerodha. So you don't pay anything.

    For intraday, the brokerage is charged for every 'successfully executed order'.

    In the example you gave above, if both the transactions are part of 1 order then you pay only Rs 20. It doesn't matter how many transactions order is completed in exchange.

    If they are part of different orders placed, then separate brokerage of Rs 20 for each order is charged.



  26. 26. SMS charges for daily transactions will be Re 1 per message or Re 1 per day for messages sent?

    SMS facility is optional and charged at Rs 1 per SMS sent.



  27. 27. I don't have much income, can I choose to trade in Nifty Options. I have IT Return, bank statements etc.?

    It doesn't matter as long as you have enough 'margin money' to trade.



  28. 28. I already have a demat account with Sharekhan. How do I link it to my Zerodha trading account?

    Zerodha required its customers to open a demat account along with a trading account. Zerodha doesn't allow linking its trading account with a demat account from some other depository participant (DP).


    • You can have as many as demat accounts you want on your name with different brokers.
    • You can continue holding your Sharekhan demat account if you wish.
    • You could transfer all your holdings in the Sharekhan demat account to Zerodha demat account while closing the Sharekhan demat account. This process is simple.



  29. 29. Do I need to maintain any minimum balance in Zerodha Trading Account?

    No. you don't have to keep any minimum balance in Zerodha Trading Account.



  30. 30. Is BTST available in Zerodha?

    Yes, BTST (buy today - sell tomorrow) facility is available with Zerodha. This facility allows traders to sell shares (bought using equity delivery order type) before they deposited into your demat account on T+2 days.



  31. 31. Is STBT available in Zerodha?

    No, STST(sell today buy tomorrow) facility is not available with Zerodha in the equity cash segment. This facility allows customers to sell the shares in the cash segment (shares which are not in his demat account) and buy them the next day.

    The STBT facility can be used while trading in Equity futures and Commodity futures by maintaining normal margin amounts required to take this position. These short positions can be either squared off the next day or held till expiry.



  32. 32. Does Zerodha offer CDSL Easiest facility?

    No. None of the online stock brokers offers CDSL Easiest facility to its customer. The reason is, when you register for CDSL Easiest, the broker loses the POA (Power of Attorney) over your Demat Account. This means that you cannot sell shares from your holdings using your trading platform because the broker will no longer be able to debit your shares from Demat.

    They recommend using DIS (delivery instruction slips) for share transfers to another Demat account.

    Note that CDSL Easiest is to submit off-market, on-market, inter-depository and early pay-in debit instructions from their DEMAT account using CDSL online portal.



  33. 33. How do I online transfer shares to another demat account?

    You can transfer shares from Zerodha demat account to another broker using delivery instruction slips provided by Zerodha. If you are closing your demat account with Zerodha, you could request the transfer of existing holdings in the account closure form itself.

    To transfer shares in an off-market transaction, you have to fill the paper slips, sign it, and send it to the Zerodha office for this. Zerodha customer can request for DIS slips by sending a signed form available in the download section of their website.

    Zerodha doesn't offer an online transfer of shares from its demat account for off-market transactions.



  34. 34. How to buy stocks on Zerodha?

    Buying stocks on Zerodha is a simple and easy process. You can buy stocks in Zerodha through the Zerodha Kite website or mobile app.

    Steps to buy stocks on Zerodha:

    1. Login to the Zerodha Kite app or website.
    2. Add funds to your trading account using Net banking.
    3. Go to MarketWatch.
    4. Add stocks to your watchlist.
    5. Click on Buy.
    6. Enter the required parameters like trade, price, order type, product type.
    7. Set stop loss and target (optional).
    8. Click on Buy or swipe to place the order.



  35. 35. How to buy and sell shares on Zerodha?

    Zerodha provides a powerful trading platform called Kite that allows to buy and sell shares in Zerodha. To access Zerodha Kite website or mobile app, you need to open a trading and Demat account with Zerodha.

    To buy and sell in Zerodha, you need to add the scrips to your market watchlist and place the required buy/sell orders for desired scrips. You can place a market order, limit order, stop-loss, or stop loss market order on a delivery or intraday basis (CNC/MIS).

    You can buy today and sell tomorrow (BTST) in Zerodha. However, Zerodha does not allow STBT (Sell Today Buy Tomorrow). You need to have shares in your Demat account before you place a sell order on a delivery basis.




  1. What is AMC for Zerodha?

    Zerodha charges Rs 0 (Free) Annual Maintenance Charge (AMC) for a trading account and Rs 300 for a Demat account. AMC is charged to maintain the accounts.

  2. How much Zerodha charge for delivery?

    Zerodha charge Rs 0 (Free) for equity delivery trade. These trades are also known as cash & carry trades or CNC.

    Espresso customer also has to pay taxes, demat debit transaction fee (Rs 13.5 per trade) and exchange transaction charges.

  3. How much Zerodha charge for intraday?

    Zerodha charge Rs 20 per executed order or .03% whichever is lower for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.

    In addition you have to pay taxes and exchange transaction charges.

  4. How much Zerodha charge for futures?

    Zerodha charge Rs 20 per executed order or .03% whichever is lower for equity, currency and commodity futures trading.

  5. How much Zerodha charge for options?

    Zerodha charges Rs 20 per executed order for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.

  6. How much Zerodha charge for commodity?

    Zerodha brokerage charges for commodity futures is Rs 20 per executed order or .03% whichever is lower and commodity options is Rs 20 per executed order. Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.

  7. How much Zerodha charge for currency trading?

    Zerodha charge Rs 20 per executed order or .03% whichever is lower for currency futures trading and Rs 20 per executed order for currency options trading.

  8. What are transaction charges in Zerodha?

    Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.

    Zerodha Transaction Charges 2024
    SegmentTransaction Fee
    Equity DeliveryNSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
    Equity IntradayNSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
    Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 0
    Equity OptionsNSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium)
    Currency FuturesNSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
    Currency OptionsNSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
    CommodityGroup A - Rs 260 per Cr (0.0026%)
  9. Does Zerodha offer IPO?

    Yes. Zerodha offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.

  10. Does Zerodha offers Mutual Funds?

    Yes. You can buy/sell Mutual Funds if you have an account with Zerodha.

  11. Do Zerodha offer margin funding for share/commodity trading?

    No. Zerodha doesn't provide margin funding.

  12. What is Zerodha intraday auto square-off time?

    Zerodha auto square-off all open intraday positions at Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close.

  13. Does Zerodha provide trading tips or investment strategies?

    No. Zerodha doesn't provide trading tips for stock and commodity trading to its customers.

Zerodha Account Opening Enquiry

Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Read more about Zerodha

Information on this page was last updated on Saturday, July 13, 2024

Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.


5. Tirumala Rao   I Like It. |Report Abuse|  Link|September 30, 2020 2:03:32 PMReply
pl. notify the all the commodities list which are allowed to trade on zerodha platform.and how verify the future options list for all commodities.
4. Rahul   I Like It. |Report Abuse|  Link|August 18, 2020 8:58:11 AMReply
can I open two different demat accounts with one mobile number
3. N Sridhar   I Like It. |Report Abuse|  Link|May 8, 2019 2:14:56 AMReply
Can NRI, open account in Zerodha? If. "Yes" what is the procedure?
2. Sudarson Dey   I Like It. |Report Abuse|  Link|April 7, 2018 10:02:43 AMReply
Can I sell 1st of any stock at CNC and would buy later date? If so what is the rule of Zerodha?

1. p c mohapatra   I Like It. |Report Abuse|  Link|September 10, 2016 3:44:04 PMReply
Can i open trading account with Zerodha with demat account at Religare ?