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.
Indiabulls Vs Zerodha
Indiabulls
Zerodha
Find more info about broker
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 ...
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...
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
Year of Incorporation
2000
2010
Number of Branches
18
22
Enquire Indiabulls
Enquire Zerodha
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
Indiabulls Vs Zerodha Brokerage
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
Indiabulls Vs Zerodha Taxes
Indiabulls
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)
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.
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%)
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
Indiabulls and Zerodha Feature Comparison
Indiabulls
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
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
Indiabulls Vs Zerodha Review
Indiabulls
Zerodha
45 Customer Reviews
369 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews Zerodha is Rated 3.7 / 5 based on 369 customer reviews
Indiabulls Vs Zerodha Investment Options
Indiabulls
Zerodha
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Indiabulls Vs Zerodha Customer Service
Indiabulls
Zerodha
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs Zerodha Order Type Offered
Indiabulls
Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs Zerodha Research Report
Indiabulls
Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs Zerodha Suitable For Investor Type
Indiabulls
Zerodha
Casual Investor
Active Investor
Trader
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.
Zerodha
Zero Account Opening Fee