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 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 Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed...
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
No
₹20 per executed order or .01% whichever is lower
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
Nil
₹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 Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday
0.00325%
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures
0.0025%
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options
0.055% on Premium
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures
0.0025%
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
Currency Options
0.055% on Premium
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity
0.003%
Group A - ₹260 per Cr (0.0026%)
Exposure
Indiabulls Ventures Limited
Zerodha
Equity Delivery
Upto 4x with 16% interest per year
1x (no margin)
Equity Intraday
Upto 10x
Up to 20x (based on the stock)
Equity Futures
Upto 3x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Upto 3x for shorting
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Nil
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Nil
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity
Upto 3x
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
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Power Indiabulls, SHUBH Web, SHUBH Mobile
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
Broker Ratings (Average User Rating)
Indiabulls Ventures Limited
Zerodha
44 Customer Reviews
330 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 3.7 / 5 based on 330 customer reviews
Contact Broker / Request A Call Back
Indiabulls Ventures Limited
Zerodha
Contact / Request Call Back
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.
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.
Zerodha
Zero Account Opening Fee