Zerodha Vs Karvy (Compare Zerodha and Karvy)

Zerodha Vs Karvy

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 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

	Zerodha	Karvy
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Account Type	Flat Brokerage Plan	Retail Brokerage Plan
Year of Incorporation	2010	1985
Number of Branches	22	575

Zerodha Vs Karvy Charges & AMC

Zerodha trading account opening charges is Rs 200 while Karvy account opening changes is Rs 650. Zerodha Demat Account AMC Charges is Rs 300 and Karvy Demat Account AMC Charges is Rs 420.

	Zerodha	Karvy
Trading Account Opening Charges	Rs 200	Rs 650
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 300	Rs 420

Zerodha Vs Karvy Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

	Zerodha	Karvy
Account Type	Flat Brokerage Plan	Retail Brokerage Plan
Fixed Charges
Equity Delivery	Rs 0 (Free)	0.3%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.03%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.03%
Equity Options	Rs 20 per executed order	Rs 30 per lot
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.03%
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 30 per lot
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	0.03%
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 30 per lot
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

Zerodha Vs Karvy Brokerage Plan 2

	Zerodha	Karvy
Account Type	Flat Brokerage Plan	Premium Subscription Plan of 100000
Fixed Charges		Rs 100,000 per year
Equity Delivery	Rs 0 (Free)	0.1%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.01%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.01%
Equity Options	Rs 20 per executed order	Rs 10 per lot
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.01%
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 10 per lot
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	0.01%
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 10 per lot

Zerodha Charges Vs Karvy

Minimum Brokerage	0.03% in Intraday and F&O	Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order

Zerodha Vs Karvy Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Karvy exchange transaction charges for options is Rs 5500.

	Zerodha	Karvy
Equity Delivery	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 325
Equity Intraday	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 325
Equity Futures	NSE Rs 200 per Cr (0.002%)	Rs 230
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	Rs 5500
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	Rs 325
Currency Options	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)	Rs 300

Zerodha Vs Karvy Leverage (Margin)

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

	Zerodha	Karvy
Equity Delivery	1x (no margin)	Upto 5x with 24% interest per year
Equity Intraday	Up to 20x (based on the stock)	Upto 20x
Equity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Upto 4x
Equity Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Upto 4x for shorting
Currency Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Nil
Currency Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Nil
Commodity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span	Upto 4x
Commodity Options

Compare Zerodha and Karvy Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

	Zerodha	Karvy
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	NEST, Karvy Web, Trade Mobile
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
Other Features	Direct Mutual Funds, APIs for Algo Trading	Ask the expert, The Finapolis
Referral Program

Zerodha Vs Karvy Review

Zerodha is rated 3.7 of 5 based on 422 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

	Zerodha	Karvy
	422 Customer Reviews	24 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 422 customer reviews	Karvy is rated 2.0 of 5 based on 24 customer reviews

Zerodha Vs Karvy Investment Options

	Zerodha	Karvy
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs Karvy Order Type Offered

	Zerodha	Karvy
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Zerodha Vs Karvy Research Report

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

Zerodha Vs Karvy Suitable For Investor Type

	Zerodha	Karvy
Casual Investor
Active Investor
Trader

Zerodha Vs Karvy - Pros and Cons

	Zerodha	Karvy
Pros	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	Pay Rs 1200 one time and get life time free AMC demat account Offers investment in IPO and Mutual funds Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers
Reviews
Promo / Offers	Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.