Indiabulls Vs Zerodha (Compare Indiabulls and Zerodha)

The side-by-side comparison of Indiabulls and Zerodha. Compare Indiabulls Vs Zerodha brokerage, charges, exposure margin, demat account. Read Zerodha and Indiabulls review.

Find out Indiabulls Vs Zerodha which is better and Indiabulls Vs Zerodha which is best.

Our Indiabulls Ventures Limited comparison with Zerodha highlights the major differences between two brokers. Find the best between Indiabulls and Zerodha.

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Indiabulls Vs Zerodha

  Indiabulls Zerodha
Find more info about broker
Indiabulls Ventures Limited Logo Zerodha Logo
About the Broker 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 ... Know more about Indiabulls Ventures Limited Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o... Know more about Zerodha
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE and MCX NSE, BSE, MCX and NCDEX
Account Type Equity Unlimited Trade Flat Brokerage Plan
Broker Enquiry Open an Online Trading Account with Indiabulls. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000 2010
Number of Branches 18 22
Enquire Indiabulls Enquire Zerodha
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Indiabulls Vs Zerodha Charges

  Indiabulls Zerodha
Trading Account Opening Fees ₹500 ₹200
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹450 ₹300
Demat Account is Mandatory? No No
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Indiabulls Vs Zerodha Brokerage

Brokerage Plan 1

  Indiabulls Zerodha
Account Type Equity Unlimited Trade Flat Brokerage Plan
Fixed Charges ₹1000
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹0 (Free) ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹15 per trade ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹15 per trade ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹15 per trade ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹15 per trade ₹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 0.03% ₹20 per executed order or .01% whichever is lower
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Brokerage Plan 2

  Indiabulls Zerodha
Account Type F&O Unlimited Trade Flat Brokerage Plan
Fixed Charges ₹1000
Equity Delivery Brokerage ₹15 per trade ₹0 (Free)
Equity Intraday Brokerage ₹15 per trade ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹0 (Free) ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹0 (Free) ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹0 (Free) ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹0 (Free) ₹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 0.03% ₹20 per executed order or .01% whichever is lower

Brokerage Plan 3

  Indiabulls Zerodha
Account Type Base Plan Flat Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹15 per executed order ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹15 per executed order ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹15 per executed order ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹15 per executed order ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹15 per executed order ₹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 0.03% ₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges ₹0 (Unlimited Plan), ₹15 (Per Trade Plan) ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges ₹0 (Free) ₹50 per executed order
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Indiabulls Vs Zerodha Taxes

  Indiabulls Zerodha
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Indiabulls Vs Zerodha Transaction Charges

  Indiabulls Zerodha
Equity Delivery ₹325 per crore (0.00325%) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday ₹325 per crore (0.00325%) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures ₹250 per crore (0.0025%) NSE ₹190 per Cr (0.0019%)
Equity Options ₹5500 per crore (on premium) (0.055%) NSE ₹5000 per Cr (0.05%)
Currency Futures ₹250 per crore (0.0025%) NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
Currency Options ₹5500 per crore (on premium) (0.055%) NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity Group A - ₹260 per Cr (0.0026%)
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Indiabulls Vs Zerodha Exposure Margin

  Indiabulls Zerodha
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
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Indiabulls and Zerodha Feature Comparison

  Indiabulls Zerodha
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time 3:10 PM
Other Features Live News, World market summary Direct Mutual Funds, APIs
Referral Program Yes
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Indiabulls Vs Zerodha Review

  Indiabulls Zerodha
  45 Customer Reviews    Rate Indiabulls 369 Customer Reviews    Rate Zerodha
Fees 3.4 3.8
Trading Brokerage 3.1 4.3
Trading Platform Usability 3.8 3.6
Customer Service 3.1 3.5
Research Capabilities 2.0
Overall Ratings Rated 3.2 stars Rated 3.7 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 45 customer reviews Zerodha is Rated 3.7 / 5 based on 369 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Enquire Zerodha Enquire
Contact Broker

FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

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Indiabulls Vs Zerodha Investment Options

  Indiabulls Zerodha
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options
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Indiabulls Vs Zerodha Customer Service

  Indiabulls Zerodha
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
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Indiabulls Vs Zerodha Order Type Offered

  Indiabulls Zerodha
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Indiabulls Vs Zerodha Research Report

  Indiabulls Zerodha
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Indiabulls Vs Zerodha Suitable For Investor Type

  Indiabulls Zerodha
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Indiabulls Vs Zerodha - Advantages and Disadvantages

  Indiabulls Zerodha
Pros
  • Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
  • Interest-free Margin Funding in Unlimited Trading plan.
  • Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
  • Free trading software.
  • Free research reports and trading tips to all the customers.
  • Years of experience, trust and good track record in stock broker business.

More Advantages...

  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.

More Advantages...

Cons
  • Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
  • Local branch support is not available to online customers.
  • Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
  • Margin against share is not available in Unlimited Trading Plans.

More Disadvantages...

  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra ₹50 order.
  • Auto Square off is charged at extra ₹50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.

More Disadvantages...

Reviews
Promo / Offers

Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.

Get this limited time 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.

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