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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.

  Zerodha TradingBells (Swastika Investmart Ltd)
 
Zerodha Logo TradingBells (Swastika Investmart Ltd) Logo
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 Rs 20 per executed... Know more about Zerodha 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... Know more about TradingBells (Swastika Investmart Ltd)
Type of Broker Discount Broker Discount Broker
Supported Exchnage NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Account Type Standard Plan Standard Plan
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradingBells. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Zerodha TradingBells (Swastika Investmart Ltd)
Trading Account Opening Fees ₹300 ₹300 Equity | ₹200 Commodity
Trading Account AMC ₹0 (Free) Nil
Demat Account Opening Fees ₹100 ₹150
Demat Account AMC ₹300 ₹300
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Zerodha TradingBells (Swastika Investmart Ltd)
Account Type Standard Plan Standard Plan
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per trade
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per trade
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per trade
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per trade
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per trade
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per trade
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges ₹0 Rs 0
Other Brokerage Charges 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 ₹20 per executed order Additional ₹20 per executed order
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Taxes

  Zerodha TradingBells (Swastika Investmart Ltd)
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Zerodha TradingBells (Swastika Investmart Ltd)
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹210 per crore | BSE ₹70 per crore (each side)
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) NSE ₹6000 per crore | BSE ₹3000 per crore (each side) (on premium)
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) NSE ₹135 per crore (0.00135%)
Currency Options NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium) NSE ₹4400 (on premium) per crore (0.044%)
Commodity Group A - ₹260 per Cr (0.0026%) Non-Agri ₹310 (0.0036%) | Agri (NCDEX) ₹400 per Cr
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Exposure

  Zerodha TradingBells (Swastika Investmart Ltd)
Equity Delivery 1x (no margin) 1x
Equity Intraday Up to 20x (based on the stock) 10x for most scripts
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: 3x | Carry: 1x
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: 3x | Carry: 1x
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday: 3x | Carry: 1x
Commodity Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span Intraday: 3x | Carry: 1x
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Share Broker Features

  Zerodha TradingBells (Swastika Investmart Ltd)
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile ODIN, NSE NOW, JUSTRADE
Intraday Square-off Time 3:10 PM Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features Direct Mutual Funds, APIs
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Broker Ratings (Average User Rating)

  Zerodha TradingBells (Swastika Investmart Ltd)
  330 Customer Reviews    Rate Zerodha 4 Customer Reviews    Rate TradingBells
Fees Ratings 3.8 3.8
Trading Brokerage Rating 4.4 5.0
Trading Platform Usability 3.6 3.5
Customer Service Ratings 3.5 4.5
Overall Ratings Rated 3.7 stars Rated 4.0 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 330 customer reviews TradingBells is Rated 4.0 / 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  Zerodha TradingBells (Swastika Investmart Ltd)
Contact / Request Call Back
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Investment Options Available

  Zerodha TradingBells (Swastika Investmart Ltd)
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Customer Service Offered

  Zerodha TradingBells (Swastika Investmart Ltd)
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No Yes
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Order Type

  Zerodha TradingBells (Swastika Investmart Ltd)
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Research / Tips / Reports Published

  Zerodha TradingBells (Swastika Investmart Ltd)
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Suitable for Investor Category

  Zerodha TradingBells (Swastika Investmart Ltd)
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Zerodha TradingBells (Swastika Investmart Ltd)
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.

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
  • 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 Useful Articles about Zerodha:
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