Compare Brokers Articles Reports Glossary Complaints

Zerodha Vs Karvy (Compare Zerodha and Karvy)

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 Vs Karvy

	Zerodha	Karvy
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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...	Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail. Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited. Karvy Customers, Need Help Moving to Another Broker? 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	Flat Brokerage Plan	Retail Brokerage Plan
Broker Enquiry
Year of Incorporation	2010	1985
Number of Branches	22	575
	Enquire Zerodha

Zerodha Vs Karvy Charges

	Zerodha	Karvy
Trading Account Opening Fees	₹200	₹650
Trading Account AMC	₹0 (Free)	₹0
Demat Account Opening Fees	₹0	₹0
Demat Account AMC	₹300	₹420
Demat Account is Mandatory?	No	No

Zerodha Vs Karvy Brokerage

Brokerage Plan 1

	Zerodha	Karvy
Account Type	Flat Brokerage 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
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Brokerage Plan 2

	Zerodha	Karvy
Account Type	Flat Brokerage 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%)	₹230
Equity Options	NSE ₹5000 per Cr (0.05%)	₹5500
Currency Futures	NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)	₹325
Currency Options	NSE ₹70 per Cr (0.0007%) \| 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
	365 Customer Reviews	24 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	Karvy is Rated 2.0 / 5 based on 24 customer reviews

Contact Broker / Request A Call Back

	Zerodha Enquire	Karvy Enquire
Contact Broker	Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer Name Phone # Email City Name State Are you a day trader?

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 (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...	Pay ₹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 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...	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers 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.

Compare More Brokers:

Zerodha Vs Karvy (Compare Zerodha and Karvy)

Zerodha Vs Karvy

Zerodha Vs Karvy Charges

Zerodha Vs Karvy Brokerage

Brokerage Plan 1

Brokerage Plan 2

Other Charges

Zerodha Vs Karvy Taxes

Zerodha Vs Karvy Transaction Charges

Zerodha Vs Karvy Exposure Margin

Zerodha and Karvy Feature Comparison

Zerodha Vs Karvy Review

Contact Broker / Request A Call Back

Zerodha Vs Karvy Investment Options

Zerodha Vs Karvy Customer Service

Zerodha Vs Karvy Order Type Offered

Zerodha Vs Karvy Research Report

Zerodha Vs Karvy Suitable For Investor Type

Zerodha Vs Karvy - Advantages and Disadvantages

Free Equity Delivery Trading

Stock Broker Reviews

Best of

Reviews (Discount Broker)

Reviews (Full-service)

Compare Brokers

Side by Side Comparison

Read & Learn

Trading Platform Reviews

IPO Information

Mainboard IPO

SME IPO

General IPO Info

NCD Public Issue

Options Trading

Stock Market

Chittorgarh City Info