Zerodha Vs Achiievers Equities Share Broker Comparison
The side-by-side comparison of Zerodha and Achiievers Equities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and Achiievers Equities'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 Zerodha and Achiievers Equities.
| |
Zerodha |
Achiievers Equities Ltd |
| |
|
|
|
 |
 |
| About the Broker |
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...  |
Incorporated in 2010, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities on NSE, BSE & MCX.
Achiievers offers a whole new way of trading going with the ... |
Type of Broker
|
Discount Broker |
Discount Broker |
| Supported Exchnage
|
NSE, BSE, MCX and NCDEX |
NSE, BSE and MCX |
| Account Type
|
Standard Plan |
Flat Fee Plan |
| Broker Enquiry |
|
|
Stock Broker Fees / Charges
| |
Zerodha |
Achiievers Equities Ltd |
| Trading Account Opening Fees
|
₹300 |
Rs 750 |
| Trading Account AMC
|
₹0 (Free) |
Nil |
| Demat Account Opening Fees
|
₹100 |
Nil |
| Demat Account AMC
|
₹300 |
Rs 400 |
| Demat Account is Mandatory?
|
No |
No |
Trading Brokerage Charges
Brokerage Plan 1
| |
Zerodha |
Achiievers Equities Ltd |
| Account Type |
Standard Plan |
Flat Fee Plan |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
₹0 (Free) |
Rs 15 |
| Equity Intraday Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 15 |
| Equity Futures Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 15 |
| Equity Options Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 15 |
| Currency Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 15 |
| Currency Options Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 15 |
| Commodity Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 15 |
| Commodity Options Trading Brokerage
|
|
|
Brokerage Plan 2
| |
Zerodha |
Achiievers Equities Ltd |
| Account Type |
Standard Plan |
Mega Value Plan |
| Fixed Charges
|
|
Rs 750 |
| Equity Delivery Brokerage
|
₹0 (Free) |
Rs 0 |
| Equity Intraday Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Equity Futures Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Equity Options Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Currency Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Currency Options Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Commodity Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Commodity Options Trading Brokerage
|
|
|
Brokerage Plan 3
| |
Zerodha |
Achiievers Equities Ltd |
| Account Type |
Standard Plan |
Rs 50 per day each segment |
| Fixed Charges
|
|
NA |
| Equity Delivery Brokerage
|
₹0 (Free) |
Rs 0 |
| Equity Intraday Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Equity Futures Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Equity Options Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Currency Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Currency Options Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Commodity Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
Rs 0 |
| Commodity Options Trading Brokerage
|
|
|
Other Charges
| Minimum Brokerage Charges
|
₹0 |
Rs 15 |
| Other Brokerage Charges
|
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
Call & Trade: Rs 20 per trade |
| Call & Trade Charges
|
₹20 per executed order |
|
Taxes
| |
Zerodha |
Achiievers Equities Ltd |
| 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
| |
Zerodha |
Achiievers Equities Ltd |
| Equity Delivery
|
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
₹350 per Crore |
| Equity Intraday
|
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
₹350 per Crore |
| Equity Futures
|
NSE ₹210 per crore | BSE ₹1 per trade (each side) |
₹390 per Crore |
| Equity Options
|
NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
₹7500 per Crore |
| Currency Futures
|
NSE ₹135 per crore (0.00135%) |
₹175 per Crore |
| Currency Options
|
NSE ₹4400 (on premium) per crore (0.044%) |
₹6500 per Crore |
| Commodity
|
Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
MCX Agri ₹325 | Non Agri ₹460 per Crore |
Exposure
| |
Zerodha |
Achiievers Equities Ltd |
| 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
| |
Zerodha |
Achiievers Equities Ltd |
| 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 Android/iOS, Pi, Coin |
NSE Now |
| Intraday Square-off Time
|
3:10 PM |
3:15 PM |
| Other Features
|
Direct Mutual Funds |
|
Broker Ratings (Average User Rating)
| |
Zerodha |
Achiievers Equities Ltd |
| |
327 Customer Reviews  |
4 Customer Reviews |
| Fees Ratings |
 |
 |
| Trading Brokerage Rating |
 |
 |
| Trading Platform Usability |
 |
 |
| Customer Service Ratings |
 |
|
| Overall Ratings |
|
 |
| Broker Rating |
Zerodha is Rated 3.8 / 5 based on 327 customer reviews |
Achiievers Equities is Rated 4.8 / 5 based on 4 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
| |
Zerodha |
Achiievers Equities Ltd |
| Stock / Equity
|
|
|
| Commodity
|
|
|
| Currency
|
|
|
| Initial Public Offers (IPO)
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| Other Investment Options
|
|
|
Customer Service Offered
| |
Zerodha |
Achiievers Equities Ltd |
| 24/7 Customer Service
|
|
|
| Onine Live Chat
|
|
|
| Through Branches
|
|
|
Order Type
| |
Zerodha |
Achiievers Equities Ltd |
| 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
| |
Zerodha |
Achiievers Equities Ltd |
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Suitable for Investor Category
| |
Zerodha |
Achiievers Equities Ltd |
| Casual Investor
|
|
|
| Active Investor
|
|
|
| Trader
|
|
|
Pros, Cons and Other Review Comments
| |
Zerodha |
Achiievers Equities Ltd |
| Pros
|
- 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... |
- Achiievers Equities offer 3-in-1 account.
- 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).
More Advantages... |
| Cons
|
- 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... |
- Call and trade facility available with additional charges of Rs 20 per trade.
- They charge Rs 75 per month for Research recommendation on SMS.
More Disadvantages... |
| Reviews
|
Useful Articles about Zerodha:
|
|
| 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 Zerodha
|
Enquire about Achiievers Equities
|
| Compare More Brokers |
|
|
Zerodha
Zero Account Opening Fee