Zerodha Vs Achiievers (Compare Zerodha and Achiievers)
The side-by-side comparison of Zerodha and Achiievers. Compare Zerodha Vs Achiievers brokerage, charges, exposure margin, demat account. Read Achiievers and Zerodha review.
Find out Zerodha Vs Achiievers which is better and Zerodha Vs Achiievers which is best.
Our Zerodha comparison with Achiievers Equities Ltd highlights the major differences between two brokers. Find the best between Zerodha and Achiievers.
Zerodha Vs Achiievers
Zerodha
Achiievers
Find more info about broker
About the Broker
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...
Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX.
Achiievers offers a whole new way of trading going with th...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
NSE, BSE and MCX
Account Type
Flat Brokerage Plan
Flat Fee Plan
Broker Enquiry
Year of Incorporation
2010
2012
Number of Branches
22
1
Enquire Zerodha
Enquire Achiievers
Zerodha Vs Achiievers Charges
Zerodha
Achiievers
Trading Account Opening Fees
₹200
₹750
Trading Account AMC
₹0 (Free)
Nil
Demat Account Opening Fees
₹0
Nil
Demat Account AMC
₹300
₹400
Demat Account is Mandatory?
No
No
Zerodha Vs Achiievers Brokerage
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 .01% whichever is lower
₹0
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
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 .01% whichever is lower
₹0
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Other Charges
Minimum Brokerage Charges
₹0
₹15
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
₹20 per executed order
₹20 per trade
Zerodha Vs Achiievers Taxes
Zerodha
Achiievers
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.
Zerodha Vs Achiievers Transaction Charges
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%)
₹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 ₹70 per Cr (0.0007%) | 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%)
Zerodha Vs Achiievers Exposure Margin
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
Zerodha and Achiievers Feature Comparison
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 Android/iOS, Pi, Coin, Kite mobile
NOW Online, NOW Trader
Intraday Square-off Time
3:10 PM
3:15 PM
Other Features
Direct Mutual Funds, APIs
Referral Program
Zerodha Vs Achiievers Review
Zerodha
Achiievers
365 Customer Reviews
4 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Zerodha is Rated 3.7 / 5 based on 365 customer reviews Achiievers is Rated 4.8 / 5 based on 4 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 Customer Service
Zerodha
Achiievers
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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 0.01% 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...
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).
More Advantages...
Cons
Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra ₹20 order.
Doesn't offer 3-in-1 account.
Doesn't offer unlimited trading plans.
Doesn't offer AMC Free Demat account.
More Disadvantages...
Call and trade facility available with additional charges of ₹20 per trade.
They charge ₹75 per month for Research recommendation on SMS.
More Disadvantages...
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.
Zerodha
Zero Account Opening Fee