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Indiabulls Vs Zerodha Share Broker Comparison

The side-by-side comparison of Indiabulls Ventures Limited and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between Indiabulls and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Indiabulls and Zerodha.

	Indiabulls Ventures Limited	Zerodha
	Indiabulls Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Zerodha Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. ISL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F...	Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnage	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX and NCDEX
Account Type	Power Indiabulls	Standard Plan
Broker Enquiry

Stock Broker Fees / Charges

	Indiabulls Ventures Limited	Zerodha
Trading Account Opening Fees	Rs 750	₹300
Trading Account AMC	NIL	₹0 (Free)
Demat Account Opening Fees	NIL	₹100
Demat Account AMC	Rs 450	₹300
Demat Account is Mandatory?	No	No

Trading Brokerage Charges

Brokerage Plan 1

	Indiabulls Ventures Limited	Zerodha
Account Type	Power Indiabulls	Standard Plan
Fixed Charges
Equity Delivery Brokerage	0.3%	₹0 (Free)
Equity Intraday Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	Rs100/Lot	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	Rs100/Lot	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges	3 paisa per share	₹0
Other Brokerage Charges		Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges		₹20 per executed order

Taxes

	Indiabulls Ventures Limited	Zerodha
Securities Transaction Tax (STT)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures: Nil Currency Options: Nil Commodities: 0.01% on sell side (Non-Agri)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures: Nil Currency Options: Nil Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges	Check table below	Check table below
SEBI Charges	Rs 15 per Crore	Rs 15 per Crore
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	Charged as per the state of the client's correspondence address.	Charged as per the state of the client's correspondence address.

Transaction Charges

	Indiabulls Ventures Limited	Zerodha
Equity Delivery	0.00325%	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Intraday	0.00325%	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Futures	0.0025%	NSE ₹210 per crore \| BSE ₹1 per trade (each side)
Equity Options	0.055% on Premium	NSE ₹5300 per crore \| BSE ₹1 per trade (each side)
Currency Futures	0.0025%	NSE ₹135 per crore (0.00135%)
Currency Options	0.055% on Premium	NSE ₹4400 (on premium) per crore (0.044%)
Commodity	0.003%	Non-Agri ₹360 (0.0036%) \| Agri ₹275 per Crore

Exposure

	Indiabulls Ventures Limited	Zerodha
Equity Delivery		1x (no margin)
Equity Intraday		Up to 20x (based on the stock)
Equity Futures		Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options		Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures		Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options		Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity		Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span

Share Broker Features

	Indiabulls Ventures Limited	Zerodha
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Trading Platform	Power Indiabulls	Kite Web, Kite Android/iOS, Pi, Coin
Intraday Square-off Time		3:10 PM
Other Features	Mobile Application: Power Indiabulls Mobile	Direct Mutual Funds

Broker Ratings (Average User Rating)

	Indiabulls Ventures Limited	Zerodha
	44 Customer Reviews	321 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Indiabulls is Rated 3.2 / 5 based on 44 customer reviews	Zerodha is Rated 3.8 / 5 based on 321 customer reviews

Contact Broker / Request A Call Back

	Indiabulls Ventures Limited	Zerodha
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Investment Options Available

	Indiabulls Ventures Limited	Zerodha
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Customer Service Offered

	Indiabulls Ventures Limited	Zerodha
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

	Indiabulls Ventures Limited	Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Research / Tips / Reports Published

	Indiabulls Ventures Limited	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Suitable for Investor Category

	Indiabulls Ventures Limited	Zerodha
Casual Investor
Active Investor
Trader

Pros, Cons and Other Review Comments

	Indiabulls Ventures Limited	Zerodha
Pros	Indiabulls has good network of branches across India. Brokerage is negotiable and can be reduced up to 50-60%. Power Indiabulls is available for Apple's Mac and Linux OS. 10 times exposure for intraday trades. Indiabulls provides trading platforms which are easy to use, rich in features and to suite different customer needs. Power Indiabulls Trading Terminal, Online Trading Website and Mobile Power Indiabulls trading platform are 3 platforms offered by them. Indiabulls has branches and sub brokers in almost every city in India. This helps customers who feel comfortable dealing with people. Indiabulls offers 2-in-1 account which includes share trading and demat account. More Advantages...	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms made available for free to all its customers. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. 10% referral credit for reffering new customers. Direct Mutual Fund Investment is available. Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX. More Advantages...
Cons	Power Indiabulls Trading Terminal cost Rs 750 one time change. There are no standard rates, fees or brokerage published on website. You should be very careful with hidden changes. No centralized support or sales team. Business is done through branches and sub-brokers. Indiabulls doesn't provide 3-in-1 account More Disadvantages...	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 20 order. Doesn't provide options to invest in IPO, Bond and NCD's public offers. Margin funding is not available. GTC/GTD not available in Equity. More Disadvantages...
Reviews		Useful Articles about Zerodha: Frequent Asked Questions about Zerodha The cost of share trading with Zerodha Flat Fee Stock Trading Broker in India Zerodha Fund Transfer (Deposit & Withdrawal) RKSV Vs Zerodha - Comparison of Brokerage Charges, Fees and Taxes
Promo / Offers		Truly free equity delivery trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
	Enquire about Indiabulls	Enquire about Zerodha
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