Zerodha Vs TradingBells Share Broker Comparison
The side-by-side comparison of Zerodha and TradingBells (Swastika Investmart Ltd) stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and TradingBells's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and TradingBells.
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
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| About the Broker |
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...  |
TradingBells is an Indore, MP based online discount broker offering stock, commodity and currency trading services. TradingBells is built on the principles of providing transparent, faster and lower cost brokerage service to India Stock Market custom... |
Type of Broker
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Discount Broker |
Discount Broker |
| Supported Exchnage
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NSE, BSE, MCX and NCDEX |
NSE, BSE, MCX and NCDEX |
| Account Type
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Standard Plan |
Standard Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Trading Account Opening Fees
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₹300 |
₹300 Equity | ₹200 Commodity |
| Trading Account AMC
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₹0 (Free) |
Nil |
| Demat Account Opening Fees
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₹100 |
₹150 |
| Demat Account AMC
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₹300 |
₹300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Account Type |
Standard Plan |
Standard Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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₹0 (Free) |
₹0 (Free) |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per trade |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹0 |
Rs 0 |
| Other Brokerage Charges
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Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
Brokerage charge is 0.01% or Rs 20 per executed order, whichever is lower. |
| Call & Trade Charges
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₹20 per executed order |
Additional ₹20 per executed order |
Taxes
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
NSE ₹325 per crore | BSE ₹275 per crore (each side |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
NSE ₹325 per crore | BSE ₹275 per crore (each side |
| Equity Futures
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NSE ₹210 per crore | BSE ₹1 per trade (each side) |
NSE ₹210 per crore | BSE ₹70 per crore (each side) |
| Equity Options
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NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
NSE ₹6000 per crore | BSE ₹3000 per crore (each side) (on premium) |
| Currency Futures
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NSE ₹135 per crore (0.00135%) |
NSE ₹135 per crore (0.00135%) |
| Currency Options
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NSE ₹4400 (on premium) per crore (0.044%) |
NSE ₹4400 (on premium) per crore (0.044%) |
| Commodity
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Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
Non-Agri ₹310 (0.0036%) | Agri (NCDEX) ₹400 per Cr |
Exposure
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Equity Delivery
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1x (no margin) |
1x |
| Equity Intraday
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Up to 20x (based on the stock) |
10x for most scripts |
| Equity Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday: 3x | Carry: 1x |
| Equity Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
1x |
| Currency Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday: 3x | Carry: 1x |
| Currency Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday: 3x | Carry: 1x |
| Commodity
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Intraday: 3x | Carry: 1x |
Share Broker Features
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Kite Web, Kite Android/iOS, Pi, Coin |
ODIN, NSE NOW, JUSTRADE |
| Intraday Square-off Time
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3:10 PM |
Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes |
| Other Features
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Direct Mutual Funds |
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Broker Ratings (Average User Rating)
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
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327 Customer Reviews  |
4 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Zerodha is Rated 3.8 / 5 based on 327 customer reviews |
TradingBells is Rated 4.0 / 5 based on 4 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Zerodha |
TradingBells (Swastika Investmart Ltd) |
| Pros
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- 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.
More Advantages... |
- Discount stock broker.
- Offer margin funding and higher exposure.
- No brokerage charges for equity delivery trades.
- 3 different trading platforms: ODIN, NSE Now, JUSTRADE
- Online IPO and Mutual Funds available.
- Free trading software
- Branches in 80+ cities.
More Advantages... |
| Cons
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- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
More Disadvantages... |
- Call & trade is changed Rs 20 extra.
- Doesn’t offer 3-in-1 account
- Charge annual maintenance change on demat account.
More Disadvantages... |
| Reviews
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Useful Articles about Zerodha:
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| Promo / Offers
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Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
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Enquire about Zerodha
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Zerodha
Zero Account Opening Fee