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
Supported Exchnages	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
Broker Enquiry

Zerodha Vs Karvy Charges & AMC

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

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

Zerodha Vs Karvy Brokerage

Zerodha brokerage charges for equity is ₹0 (Free) and intraday is ₹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 Brokerage	₹0 (Free)	0.3%
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	0.03%
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	0.03%
Equity Options Brokerage	₹20 per executed order	₹30 per lot
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	0.03%
Currency Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹30 per lot
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	0.03%
Commodity Options Trading Brokerage	₹20 per executed order or .03% 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

Zerodha Vs Karvy 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 .03% whichever is lower	0.01%
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	0.01%
Equity Options Brokerage	₹20 per executed order	₹10 per lot
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	0.01%
Currency Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹10 per lot
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	0.01%
Commodity Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹10 per lot

Zerodha Charges Vs Karvy

Minimum Brokerage Charges	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 Brokerage Charges	Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	₹50 per executed order

Zerodha Vs Karvy Transaction Charges

Zerodha transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium) while Karvy exchange transaction charges for options is ₹5500.

	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%) (on premium)	₹5500
Currency Futures	NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)	₹325
Currency Options	NSE ₹3500 per Cr (0.035%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity	Group A - ₹260 per Cr (0.0026%)	₹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 Available
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	3:10 PM	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 384 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

	Zerodha	Karvy
	384 Customer Reviews	24 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 384 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
Initial Public Offers (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	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.	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
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.	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers
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.