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26.15% 4,543,870 Clients
Zerodha is an online discount broker that offers a fixed, flat-fee brokerage plan to customers. It charges zero brokerage on equity delivery trades. The maximum brokerage charged by the stockbroker is Rs 20 per order across all trading segments. The lowest brokerage charged is 0.03% of the trade value. In addition to brokerage, a trader also needs to pay various charges. Some of the common Zerodha charges are explained below:
Zerodha offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Zerodha. Zerodha fee structure and trading commission rates are explained as below.
To open Zerodha account you have to pay account opening charges and annual maintenance charges (AMC).
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 200 |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 (Free) |
| Demat Account Opening Charges (One Time) | Rs 0 |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Rs 300 |
Customer pays a commission (brokerage) when buying or selling stocks through Zerodha. The brokerage charges for equity, commodities and currency derivative trading for Zerodha are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | |
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower |
| Equity Options | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower |
| Currency Options | Rs 20 per executed order or .03% whichever is lower |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower |
| Commodity Options | Rs 20 per executed order or .03% whichever is lower |
This is a limited-time offer. Open Instant Zerodha Account online and start trading today.
The Demat account transactions are charged separately from the trading commission. Find Zerodha Demat account charges 2021.
Zerodha trading and demat account opening charges are Rs 200. Zerodha charges Rs 300 per year demat account AMC. Zerodha demat debit transaction charge of Rs 13.50 per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 |
| 2 | Stamp Charges payable upfront (at actuals) | Rs 50 |
| 3 | Annual Maintenance Charges (AMC) | Rs 300 per year |
| 4 | Transaction Charges (Buy) | Rs 0 |
| 5 | Transaction Charges (Sell) | Rs 13.50 for every debit |
| 6 | Demat | Rs 150 per certificate |
| 7 | Remat | Rs 150 per certificate + CDSL Charges |
| 8 | Courier charges | Rs 100 per request |
| 9 | Pledge Creation | Rs 30 per request |
| 10 | Pledge Invocation | Rs 20 per ISIN |
| 11 | Margin Pledge/Unpledge | Rs 9 + Rs 5 per request CDSL fee |
| 12 | Margin Repledge | Rs 2 CDSL Fee |
| 13 | Periodic Statement (Email) | Free |
| 14 | Non-Periodic Statement (Email) | Rs 10 per request |
| 15 | Additional Delivery Instructions Book | Rs 100 (10 leaves) |
| 16 | Cheque Bounce | Rs 350 per cheque |
| 17 | Failed Transactions | Rs 50 per ISIN |
| 18 | Modification in Customer Data | Rs 25 per request |
| 19 | KRA Upload/Download | Rs 50 |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | NSE Rs 200 per Cr (0.002%) |
| Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) |
| Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| Commodity | Group A - Rs 260 per Cr (0.0026%) |
Zerodha charges government taxes and fees in addition to the brokerage. These Zerodha trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Zerodha tax calculation.
| Tax Zerodha | Rates |
|---|---|
| |
Exchange Transaction Charges | |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
SEBI Charges | 0.0001% (₹10/Crore) |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
This is a limited-time offer. Open Instant Zerodha Account online and start trading today.
Zerodha charge zero brokerage for equity delivery trades. It charges Rs 20 per executed order on intraday and derivatives trades.
| Trade Type | Brokerage Fee |
|---|---|
|
Equity Delivery |
Rs 0 |
|
Intraday, F&O (Equity, Commodity, Currency) |
Rs 20 per executed order |
Zerodha charges a brokerage fee of Rs 20 per executed order for intraday trades. The brokerage for equity delivery trade is Rs 0. Zerodha brokerage is among the lowest in the industry.
No, Zerodha doesn't charge a fee for investing in Mutual Funds (MF). Zerodha mutual fund charges are nil. On top, Zerodha offers 'Direct Mutual Funds' which results in an additional saving of over 2% yearly to the investors.
Zerodha is the first broker to offer direct mutual funds. In case of Direct Mutual Funds, the broker like Zerodha doesn't get any upfront of trail commission from the Mutual Fund managers or AMC. The savings from this is passed on to the customer in terms of higher returns.
Zerodha offers it's online Mutual Funds investment services to a platform name Coin. Zerodha Coin has a website and a mobile app, available for free to charge to all Zerodha customers.
Mutual fund investment with Zerodha is absolutely free. There is no brokerage, no software charges, no upfront or trail commission from fund managers or AMCs and no hidden charges. Also, there is no limit on size or number of transactions.
Zerodha charges brokerage for intraday and Futures & Options trades at BSE, NSE and MCX. The brokerage is charged only when the order is executed. The Contract Note (sent at the end of the day to customers via email) provides detail of the brokerage, taxes and other charges.
Yes, Zerodha charge Rs 300 per year Demat Account AMC (Annual maintenance charges) fees. This fee is charged quarterly (i.e. Rs 75 every quarter). Except this Zerodha doesn't have any annual charges or minimum balance requirements.
Zerodha offers brokerage-free equity delivery trades. Thus, if you sell the shares that you hold in your Demat account, there are no brokerage changes. However, you still have to pay taxes and a Demat debit transaction fee.
Zerodha brokerage for intraday trading is flat Rs 20 per executed order on both buy and sell legs.
Zerodha doesn't offer margin funding. As per the new margin requirement applicable from Jan 1st, 2020, brokers are not permitted to offer additional margin. The customer has to pay the margin as prescribed by the stock exchanges.
Zerodha is an online stock broker offering almost all of its services online by leveraging the latest computer technology and the internet. Zerodha does volume business with a highly scale-able online trading platform. This makes it possible for Zerodha to offer trading at an ultra-low-cost.
Zerodha doesn't have branch offices, doesn't spend money on advertising campaigns and doesn't offer services like research and advisory.
Zerodha offers brokerage free equity delivery trades and Mutual Fund investments. It charges flat Rs 20 or 0.03% (whichever is lower) per executed order brokerage fee for trading in Intraday and F&O across Equity, Currency and Commodity segments.
Zerodha Brokerage Charges
|
Segment |
Brokerage Charges |
|---|---|
|
Equity Delivery |
Rs 0 (Commission Free Trading) |
|
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 or 0.03% (whichever is lower) per executed order (on Turnover) |
|
Mutual Fund |
Rs 0 (Commission Free Trading) |
Zerodha offers a flat fee brokerage model with brokerage free delivery trades. The brokerage charges in intraday and F&O are calculated on per executed order irrespective of the trade size. For example, if you buy 10 lots of NIFTY Future in one single order, you pay just Rs 20 brokerages on this trade.
No, Zerodha doesn't charge brokerage or any other fees for rejected orders. The company charges brokerage and other fees only for executed orders.
Simply leave your contact information and Zerodha representative will call you in a few hours.
No, Zerodha doesn't charge brokerage or any other fees for canceled orders. If for some reason, you cancel your orders, you won't be charged any fees.
You get charged brokerage/fees/charges only for the orders that get executed and not for the orders that get rejected or canceled for any reason, whether auto-canceled or manually canceled.
Zerodha, the discount stock broker offers commission-free equity delivery trading and Mutual Funds. It charges flat Rs 20 or 0.03% (whichever is lower) per executed order brokerage for trades in Intra-day and Equity, Currency and Commodity Derivatives (F&O).
You pay 0.03% (maximum Rs 20 per executed order). For example:
You pay Rs 0 brokerages. Yes, it's free with absolutely no hidden fee. Example:
When you are trading stocks and if you are trading volumes are lower you get the benefit of Rs 20 or 0.03% for intraday, whichever is lower.
When you place an order with Zerodha which gets traded, it is called an executed order. You don't pay for placing, cancelling or modifying an order; you pay only per executed order.
Zerodha doesn't charge per trade, Zerodha charge only for an executed order. So even if an order is executed in 5 different trades it is considered only 1 executed order and you pay only Rs 20.
Example of an order is:
Buy 1000 shares of ONGC
You place a 'buy' order for 1000 shares of ONGC. This order may get executed in different trades (chunk) until the whole 1000 share is bought. However, Zerodha charges you only Rs 20 for the order that is placed, irrespective of how many trades it takes to complete the order. The same charge is applied for trading Equity Intraday, Delivery, F&O, Currency Derivatives, and Commodity.
Zerodha doesn't charge per trade, they charge only for an executed order. So even if an order is executed in 5 different trades it is considered only 1 executed order and you pay only Rs 20.
Zerodha Call & Trade charges are Rs 50 per executed. The call and trade charges are over and above the brokerage charges and other regulatory fees.
Zerodha levies Call and Trade charges in two cases:
Zerodha is an online discount stockbroker designed for customers who can trade online by themselves. Zerodha does not offer personalized services, relationship managers, branch offices, etc.
People who frequently need broker assistance or in-person services should consider opening an account with full-service brokers like Sharekhan, ICICI Direct, and IIFL.
You can withdraw money from Zerodha through Zerodha's back-office platform, Console.
Steps to withdraw money from Zerodha
The money gets credited to your bank account within 24 hours.
Points to Note:
Yes, you can opt to receive a physical copy of the contract note in Zerodha at a charge of Rs 20 per contract note plus the courier charges.
Zerodha sends the Electronic Contract Note (ECN) in PDF format for free of charge to their clients on their registered email ID. Alternatively, you can also download the contract note at no cost from Zerodha Console (back office) website. The electronic contract note is delivered to the clients at 7 PM on the same day of trading.
Zerodha charges brokerage and applicable taxes on both buy and sell transactions.
Zerodha offers brokerage-free Equity Delivery trading. That means you do not pay any brokerage for cash & carry trades (or when you take delivery of shares or sell them from your demat account).
For intraday trades, Zerodha charges flat Rs 20 per order brokerage on both sides (buy and sell). Thus total brokerage for one intraday trade is Rs 40.
In addition to the brokerage, you have to pay the following taxes and fees:
|
Transaction Head |
Equity Delivery |
Equity Intraday |
|---|---|---|
|
Securities Transaction Tax (STT) |
0.1% on both Buy and Sell |
0.025% on the Sell Side |
|
Transaction / Turnover Charges |
NSE: 0.00325% | BSE: 0.003% per trade (each side) |
NSE: 0.00325% | BSE: 0.003% per trade (each side) |
|
Goods and Services Tax (GST) |
18% on (Brokerage + Transaction Charge) |
18% on (Brokerage + Transaction Charge) |
|
SEBI Charges |
Rs 10/Crore on both buy and sell |
Rs 10/Crore on both buy and sell |
|
Stamp Charges |
0.015% (Rs 1500 per crore) on buy-side |
0.003% (Rs 300 per crore) on buy-side |
|
DP Charges |
Rs 13.5 for every debit per ISIN per day. |
Nil |
Many people ask about how Zerodha makes money by offering Free Mutual Fund. Majority of Zerodha revenue comes from derivatives trading. By offering free services like MF's, Zerodha attract many large traders and investors who eventually pay by using it's stock and derivates trading services.
Zerodha earn small interest from the money you keep in your trading account for few days before you buy stock or mutual funds. Zerodha keeps your money into bank FD's and earns interest in it.
For example, if you keep Rs 1 lakhs in your trading account for 1 day, Zerodha earn Rs 19.18 interest on it (at the rate of 7% annual interest).
Zerodha BTST Orders Explained NFO (Nifty Futures & Options) in Zerodha GTT in Zerodha Kite (Zerodha GTT guide) Direct Mutual Funds Explained (Meaning, Charges & Taxation) Zerodha Order Types & Product Types ExplainedRelated articles
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Information on this page was last updated on Tuesday, August 24, 2021
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