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
Broker Enquiry
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Zerodha Vs Achiievers Charges & AMC

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

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

Zerodha Vs Achiievers Brokerage

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

	Zerodha	Achiievers
Account Type	Flat Brokerage Plan	Flat Fee Plan
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	₹15
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	₹15
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	₹15
Equity Options Brokerage	₹20 per executed order	₹15
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹15
Currency Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹15
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹15
Commodity Options Trading Brokerage	₹20 per executed order or .03% whichever is lower
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹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		₹750
Equity Delivery Brokerage	₹0 (Free)	₹0
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Equity Options Brokerage	₹20 per executed order	₹0
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Currency Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Commodity Options Trading Brokerage	₹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	₹0 (Free)	₹0
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Equity Options Brokerage	₹20 per executed order	₹0
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Currency Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹0
Commodity Options Trading Brokerage	₹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	₹15
Other Brokerage Charges	Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	₹50 per executed order	₹20 per trade

Zerodha Vs Achiievers Transaction Charges

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

	Zerodha	Achiievers
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	₹350 per Cr (0.0035%)
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	₹350 per Cr (0.0035%)
Equity Futures	NSE ₹190 per Cr (0.0019%)	₹390 per Cr (0.0039%)
Equity Options	NSE ₹5000 per Cr (0.05%) (on premium)	₹7500 per Cr (0.075%)
Currency Futures	NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)	₹175 per Cr (0.00175%)
Currency Options	NSE ₹3500 per Cr (0.035%) | BSE ₹100 per Cr (0.001%) (on premium)	₹6500 per Cr (0.065%)
Commodity	Group A - ₹260 per Cr (0.0026%)	MCX Agri ₹325 per Cr (0.00325%) | Non Agri ₹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	3:10 PM	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 392 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

	Zerodha	Achiievers
	392 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 392 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 ₹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 @ ₹750/ per month for trading at NSE, BSE, NSE SX and MCX. ₹50 per day plan and ₹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 ₹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.	Call and trade facility available with additional charges of ₹20 per trade. They charge ₹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 ₹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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