The side-by-side comparison of Indiabulls and Zerodha. Compare Indiabulls Vs Zerodha brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Indiabulls vs Zerodha?
Indiabulls
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding.
Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more...
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India. Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.
Indiabulls | Zerodha | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
Account Type | Equity Unlimited Trade | Flat Brokerage Plan |
Year of Incorporation | 2000 | 2010 |
Number of Branches | 18 | 22 |
Broker Enquiry |
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Enquire Indiabulls | Enquire Zerodha |
Indiabulls trading account opening charges is Rs 500 while Zerodha account opening changes is Rs 200. Indiabulls Demat Account AMC Charges is Rs 450 and Zerodha Demat Account AMC Charges is Rs 300.
Indiabulls | Zerodha | |
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Trading Account Opening Charges | Rs 500 | Rs 200 |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 450 | Rs 300 |
Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.
Indiabulls | Zerodha | |
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Account Type | Equity Unlimited Trade | Flat Brokerage Plan |
Fixed Charges | Rs 1000 | |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 0 (Free) | Rs 20 per executed order or .03% whichever is lower |
Equity Futures Brokerage | Rs 15 per trade | Rs 20 per executed order or .03% whichever is lower |
Equity Options Brokerage | Rs 15 per trade | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 15 per trade | Rs 20 per executed order or .03% whichever is lower |
Currency Options Trading Brokerage | Rs 15 per trade | Rs 20 per executed order or .03% whichever is lower |
Commodity Futures Trading Brokerage | 0.03% | Rs 20 per executed order or .03% whichever is lower |
Commodity Options Trading Brokerage | 0.03% | Rs 20 per executed order or .03% whichever is lower |
Special Offer | Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer |
Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Indiabulls | Zerodha | |
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Account Type | F&O Unlimited Trade | Flat Brokerage Plan |
Fixed Charges | Rs 1000 | |
Equity Delivery Brokerage | Rs 15 per trade | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 15 per trade | Rs 20 per executed order or .03% whichever is lower |
Equity Futures Brokerage | Rs 0 (Free) | Rs 20 per executed order or .03% whichever is lower |
Equity Options Brokerage | Rs 0 (Free) | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 0 (Free) | Rs 20 per executed order or .03% whichever is lower |
Currency Options Trading Brokerage | Rs 0 (Free) | Rs 20 per executed order or .03% whichever is lower |
Commodity Futures Trading Brokerage | 0.03% | Rs 20 per executed order or .03% whichever is lower |
Commodity Options Trading Brokerage | 0.03% | Rs 20 per executed order or .03% whichever is lower |
Enquire Indiabulls | Enquire Zerodha |
Indiabulls | Zerodha | |
---|---|---|
Account Type | Base Plan | Flat Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 15 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Futures Brokerage | Rs 15 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Options Brokerage | Rs 15 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 15 per executed order | Rs 20 per executed order or .03% whichever is lower |
Currency Options Trading Brokerage | Rs 15 per executed order | Rs 20 per executed order or .03% whichever is lower |
Commodity Futures Trading Brokerage | 0.03% | Rs 20 per executed order or .03% whichever is lower |
Commodity Options Trading Brokerage | 0.03% | Rs 20 per executed order or .03% whichever is lower |
Enquire Indiabulls | Enquire Zerodha |
Minimum Brokerage Charges | Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan) | 0.03% in Intraday and F&O |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | |
Call & Trade Charges | Rs 0 (Free) | Rs 50 per executed order |
Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while Zerodha exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).
Indiabulls | Zerodha | |
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Equity Delivery | Rs 325 per crore (0.00325%) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | Rs 325 per crore (0.00325%) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | Rs 250 per crore (0.0025%) | NSE Rs 190 per Cr (0.0019%) |
Equity Options | Rs 5500 per crore (on premium) (0.055%) | NSE Rs 5000 per Cr (0.05%) (on premium) |
Currency Futures | Rs 250 per crore (0.0025%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) |
Currency Options | Rs 5500 per crore (on premium) (0.055%) | 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%) | |
Enquire Indiabulls | Enquire Zerodha |
Indiabulls provides the margin of Up to 5x (based on the stock) for intraday trades whereas the Zerodha margin for intraday cash is Up to 20x (based on the stock).
Indiabulls | Zerodha | |
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Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | Up to 5x (based on the stock) | Up to 20x (based on the stock) |
Equity Futures | Intra-day: 4x | Carry forward: 1x (no margin) | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Equity Options | Intra-day: 4x | Carry forward: 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Futures | Intra-day: 2x | Carry forward: 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Options | Intra-day: 2x | Carry forward: 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Commodity Futures | NA | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Commodity Options | NA | |
Enquire Indiabulls | Enquire Zerodha |
The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.
Indiabulls | Zerodha | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) | Kite Web, Kite Mobile for Android/iOS and Coin |
Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | |
Other Features | Live News, World market summary | Direct Mutual Funds, APIs for Algo Trading |
Referral Program | ![]() |
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Enquire Indiabulls | Enquire Zerodha |
Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas Zerodha is rated 3.7 of 5 based on 409 customer reviews.
Indiabulls | Zerodha | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Indiabulls | Enquire Zerodha |
Indiabulls | Zerodha | |
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Reviews | ||
Promo / Offers | Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived)Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order. Get this limited time offer |
Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 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. |
Enquire Indiabulls | Enquire Zerodha |
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