Zerodha Vs Achiievers (Compare Zerodha and Achiievers)

Zerodha Vs Achiievers

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

	Zerodha	Achiievers
Type of Broker	Discount Broker	Discount Broker
Supported Exchnages	NSE, BSE, MCX and NCDEX	NSE, BSE and MCX
Account Type	Flat Brokerage Plan	Flat Fee Plan
Year of Incorporation	2010	2012
Number of Branches	22	1
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Zerodha Vs Achiievers Charges & AMC

Zerodha trading account opening charges is Rs 200 while Achiievers account opening changes is Rs 750. Zerodha Demat Account AMC Charges is Rs 300 and Achiievers Demat Account AMC Charges is Rs 400.

	Zerodha	Achiievers
Trading Account Opening Charges	Rs 200	Rs 750
Trading Account AMC Charges	Rs 0 (Free)	Nil
Demat Account Opening Charges	Rs 0	Nil
Demat Account AMC Charges	Rs 300	Rs 400

Zerodha Vs Achiievers Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15.

	Zerodha	Achiievers
Account Type	Flat Brokerage Plan	Flat Fee Plan
Fixed Charges		NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 15
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 15
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 15
Equity Options Brokerage	Rs 20 per executed order	Rs 15
Currency Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 15
Currency Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 15
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 15
Commodity Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer

Zerodha Vs Achiievers Brokerage Plan 2

	Zerodha	Achiievers
Account Type	Flat Brokerage Plan	Mega Value Plan
Fixed Charges		Rs 750
Equity Delivery Brokerage	Rs 0 (Free)	Rs 0
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Equity Options Brokerage	Rs 20 per executed order	Rs 0
Currency Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Currency Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Commodity Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower
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Zerodha Vs Achiievers Brokerage Plan 3

	Zerodha	Achiievers
Account Type	Flat Brokerage Plan	₹50 per day each segment
Fixed Charges		NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 0
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Equity Options Brokerage	Rs 20 per executed order	Rs 0
Currency Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Currency Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 0
Commodity Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower
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Zerodha Charges Vs Achiievers

Minimum Brokerage Charges	0.03% in Intraday and F&O	Rs 15
Other Brokerage Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order	Rs 20 per trade

Zerodha Vs Achiievers Transaction Charges

Zerodha transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Achiievers exchange transaction charges for options is Rs 7500 per Cr (0.075%).

	Zerodha	Achiievers
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 350 per Cr (0.0035%)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 350 per Cr (0.0035%)
Equity Futures	NSE Rs 190 per Cr (0.0019%)	Rs 390 per Cr (0.0039%)
Equity Options	NSE Rs 5000 per Cr (0.05%) (on premium)	Rs 7500 per Cr (0.075%)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	Rs 175 per Cr (0.00175%)
Currency Options	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)	Rs 6500 per Cr (0.065%)
Commodity	Group A - Rs 260 per Cr (0.0026%)	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)
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Zerodha Vs Achiievers Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Achiievers margin for intraday cash is Upto 8x.

	Zerodha	Achiievers
Equity Delivery	1x (no margin)	Nil
Equity Intraday	Up to 20x (based on the stock)	Upto 8x
Equity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Upto 3x
Equity Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Nil
Currency Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	NA
Currency Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Upto 2x
Commodity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span	Upto 4x
Commodity Options		Nil
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Compare Zerodha and Achiievers Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Achiievers offers NOW Online, NOW Trader trading software.

	Zerodha	Achiievers
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	Kite Web, Kite Mobile for Android/iOS and Coin	NOW Online, NOW Trader
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close	3:15 PM
Other Features	Direct Mutual Funds, APIs for Algo Trading
Referral Program
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Zerodha Vs Achiievers Review

Zerodha is rated 3.7 of 5 based on 410 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

	Zerodha	Achiievers
	410 Customer Reviews	5 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 410 customer reviews	Achiievers is rated 4.6 of 5 based on 5 customer reviews

Zerodha Vs Achiievers Investment Options

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

Zerodha Vs Achiievers Order Type Offered

	Zerodha	Achiievers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Zerodha Vs Achiievers Research Report

	Zerodha	Achiievers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs Achiievers Suitable For Investor Type

	Zerodha	Achiievers
Casual Investor
Active Investor
Trader

Zerodha Vs Achiievers - Pros and Cons

	Zerodha	Achiievers
Pros	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 0.03% or Rs 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.	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
Cons	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 50 order. Auto Square off is charged at extra Rs 50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.
Reviews
Promo / Offers	Free Equity Delivery Trading Get 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.
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