The side-by-side comparison of Zerodha and Karvy. Compare Zerodha Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and Zerodha review.
Find out Zerodha Vs Karvy which is better and Zerodha Vs Karvy which is best.
Our Zerodha comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between Zerodha and Karvy.
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 Rs 20 per executed...
Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services.
They offer Customized investment solutions to corporate, institut...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
BSE, NSE, MCX
Account Type
Standard Plan
Retail Brokerage Plan
Broker Enquiry
Year of Incorporation
2010
1985
Number of Branches
22
575
Zerodha Vs Karvy Charges
Zerodha
Karvy
Trading Account Opening Fees
₹200
₹650
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹100
₹0
Demat Account AMC
₹300
₹420
Demat Account is Mandatory?
No
No
Zerodha Vs Karvy Brokerage
Brokerage Plan 1
Zerodha
Karvy
Account Type
Standard Plan
Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
0.3%
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.03%
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.03%
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹30 per lot
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.03%
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹30 per lot
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.03%
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹30 per lot
Brokerage Plan 2
Zerodha
Karvy
Account Type
Standard Plan
Premium Subscription Plan of 100000
Fixed Charges
₹100,000 per year
Equity Delivery Brokerage
₹0 (Free)
0.1%
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹10 per lot
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹10 per lot
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹10 per lot
Other Charges
Minimum Brokerage Charges
₹0
Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
₹20 per executed order
Zerodha Vs Karvy Taxes
Zerodha
Karvy
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 Karvy Transaction Charges
Zerodha
Karvy
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
₹325
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
₹325
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
₹230
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
₹5500
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
₹325
Currency Options
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity
Group A - ₹260 per Cr (0.0026%)
₹300
Zerodha Vs Karvy Exposure Margin
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
Zerodha and Karvy Feature Comparison
Zerodha
Karvy
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
NEST, Karvy Web, Trade Mobile
Intraday Square-off Time
3:10 PM
3:15
Other Features
Direct Mutual Funds, APIs
Ask the expert, The Finapolis
Referral Program
Zerodha Vs Karvy Review
Zerodha
Karvy
354 Customer Reviews
21 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 354 customer reviews
Karvy is Rated 2.1 / 5 based on 21 customer reviews
Contact Broker / Request A Call Back
Zerodha Enquire
Karvy Enquire
Contact Broker
Zerodha Vs Karvy Investment Options
Zerodha
Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Zerodha Vs Karvy Customer Service
Zerodha
Karvy
24/7 Customer Service
Onine Live Chat
Through Branches
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 - Advantages and Disadvantages
Zerodha
Karvy
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.
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.
Karvy - Zero Account Opening Fee + Up to ₹5500 Brokerage Refund
Open Demat and Trading account with Karvy Stock Broking for free (₹650 waived) and get up to ₹5500 brokerage back based on the brokerage generated for the period of 30 days from account opening.
Interested in opening a trading account? Request Callback from Karvy Stock Broking.
Zerodha
Zero Account Opening Fee