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Zerodha Stock Trading, Demat, Brokerage and Reviews 2024


7,392,836 Clients

Zerodha Account Opening Enquiry

Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.

Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed order. That means with Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).

Zerodha Review 2023

Zerodha is the best stock broker at this time. They offer an excellent online trading platform, charge a low brokerage fee, and is regarded as the most transparent stock broker. Continuous improvement and innovation made them the fastest-growing fintech company in India. Here are the key strengths of Zerodha:

  • The largest stockbroker by active clients, market volume and new customer acquisition.
  • One of the safest, most reliable & trustworthy brokers.
  • Offers the most advanced online trading tools.
  • Charges zero brokerage fees for Equity Delivery and Mutual Funds.
  • The maximum brokerage charged is Rs 20 per trade. You save 60% to 90% on brokerage in comparison to traditional brokers.
  • Offers up to 20x leverage on intraday trading.
  • Offers Zero Commission Direct Mutual Funds.
  • Suitable for all kinds of investors including active and passive investors, beginners, active traders and algo traders.

Zerodha is the most technologically advanced stock broker in India. It has built multiple trading software for its customers. These are: Zerodha Kite (web and mobile trading app), Coin (mutual fund investment platform), Varsity (investor education program), Trading Q&A and many other tools. Zerodha also offers Smallcase (thematic investment platform), Streak (algo & strategy platform), Sensibull (options trading platform), GoldenPi (bonds trading platform) and Ditto (insurance).

Zerodha is safe for investment because:

  • Its ratio of complaints to active clients is among the least on the exchange.
  • It is a zero-debt company.
  • It doesn't offer Margin Funding.
  • It doesn't keep client securities in the pooled account.
  • It doesn't do proprietary Trading with client funds.

Zerodha Special Offer

Free stock trading and mutual funds

  • Free account opening for people under 25.
  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.


Zerodha Charges 2024

Zerodha Account Opening Charges

Zerodha account opening charges are Rs 200 for online account opening. Opening an account is free of charge for people under 25. The demat account AMC is Rs 300 per year.

Transaction Charges
Trading & Demat Account Opening Rs 200 (Free for people under 25.)
Trading Account AMC Rs 0
Demat Account AMC Rs 300 per year

Zerodha Brokerage Charges 2023

Zerodha follows a fixed brokerage model wherein it charges a flat Rs 20 or 0.03% (whichever is lower) per executed order. It charges zero brokerage on equity delivery. The maximum brokerage chargeable per order is Rs 20.

Trading Segment Brokerage Charges
Equity Delivery Rs 0 (Free)
Equity Intraday Flat Rs 20 or 0.03% (whichever is lower) per executed order
Equity Future Flat Rs 20 or 0.03% (whichever is lower) per executed order
Equity Options Flat Rs 20 per executed order (on Turnover)
Currency Futures Flat Rs 20 or 0.03% (whichever is lower) per executed order
Currency Options Flat Rs 20 or 0.03% (whichever is lower) per executed order
Commodity Flat Rs 20 or 0.03% (whichever is lower) per executed order
Mutual Fund Rs 0 (Free Unlimited Direct MF)

Zerodha Equity Charges

Zerodha charges Rs 0 (no brokerage) for equity delivery trades. For intraday trading, they charge flat Rs 20 per executed order or 0.03% (whichever is lower) on both sides.

Charge Type Equity Delivery Equity Intraday
Brokerage Rs 0 (No Brokerage) Flat Rs 20 or 0.03% (whichever is lower)
Securities Transaction Tax (STT) 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction / Turnover Charges NSE: 0.00325% | BSE: 0.00375% per trade (each side) NSE: 0.00325% | BSE: 0.00375% per trade (each side)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.015% (Rs 1500 per crore) on buy-side 0.003% (Rs 300 per crore) on buy-side

Zerodha F&O Charges

Zerodha Futures brokerage charge is flat Rs 20 per executed order or 0.03% (whichever is lower). Options charges are flat Rs 20 per executed order. You also have to pay taxes like STT, Transaction Fee, GST, SEBI charges, and Stamp Duty.

Charge Type Equity Futures Equity Options
Brokerage Flat Rs 20 or 0.03% (whichever is lower) Flat Rs 20
Securities Transaction Tax (STT) 0.0125% on the sell side 0.0625% on sell side (on premium)
Transaction / Turnover Charges NSE: 0.0019% (each side) NSE 0.05% (each side) (on premium)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.002% (Rs 200 per crore) on buy-side 0.003% (Rs 300 per crore) on buy-side

Zerodha Currency Charges

Zerodha currency futures brokerage charge is flat Rs. 20 per executed order or 0.03% (whichever is lower) and currency options charges are flat Rs. 20 per executed order. In addition to brokerage, the customer has to pay taxes like STT, Transaction Fee, GST, SEBI charges, and Stamp Duty.

Charge Type Currency Futures Currency Options
Brokerage Flat Rs 20 or 0.03% (whichever is lower) Flat Rs 20
Securities Transaction Tax (STT) No STT No STT
Transaction / Turnover Charges NSE: 0.0009% | BSE: 0.00025% NSE: 0.035% | BSE: 0.001% (on premium)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.0001% (Rs 10 per crore) on buy-side 0.0001% (Rs 10 per crore) on buy-side

Zerodha Commodities Charges

Zerodha commodity futures brokerage charge is flat Rs 20 or 0.03% (whichever is lower) per executed order. Commodity Options brokerage charge is flat Rs. 20 per executed order. Along with this, customers have to pay taxes like STT, Transaction Fee, GST, SEBI charges, and Stamp Duty.

Charge Type Commodity Futures Commodity Options
Brokerage Flat Rs 20 or 0.03% (whichever is lower) Flat Rs 20
Securities Transaction Tax (STT) 0.01% on sell side (Non-Agri) 0.05% on sell side
Transaction / Turnover Charges Group A: Exchange txn charge: 0.0026%
Group B: Exchange txn charge: Pepper - 0.00005%, Castorseed - 0.0005%, Rbdpmolein - 0.001%
Rs 0
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges Agri: 0.00001% (Rs 1/Crore) | Non-agri: 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.002% (Rs 200 per crore) on buy-side 0.003% (Rs 300 per crore) on buy-side

Note: SEBI charges for Agri products is 0.00001% (Rs 1/Crore).

Zerodha Fee Structure

  • Securities Transaction Tax (STT): This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Transaction Charges (Exchnage Turnover Charges): This fee charged by the stock exchanges for using their trading platform.
  • Goods and Services Tax (GST): This is charged at 18% of the total cost of brokerage plus SEBI charges and transaction charges.
  • SEBI Charges: This is charged at Rs 10 per Crore.
  • Stamp Duty: Eq Delivery - 0.015% (buy side), Eq Intraday - 0.003% (buy side)

Zerodha Hidden Charges

Zerodha brokerage hidden charges include call & trade charges, position squared-off by broker and SMS trade alerts as explained below:

  1. Call and Trade feature is available at an extra cost of Rs 50 per call.
  2. Additional charge of Rs 50 per executed order for MIS/BO/CO positions which are not squared off by the customer.
  3. Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at an additional charge of Rs 20 per contract. Courier charges are extra.
  4. Trade SMS alerts (optional) are charged at Rs 1 for Equity, F&O, and Currency trade alerts and Rs 0.50 for Commodity trade alerts.
  5. Instant payment gateway charges for over 22 banks: Rs 9 per fund transfer.
  6. DP charges for delivery-based equity selling: Rs 13.5 + GST per transaction.

Visit Zerodha Brokerage Charges Review for more detail.

Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Zerodha Online Account Opening

For online trading with Zerodha, the investor has to open an account. Fill in an online account opening form to open an instant account and start trading the same day.

Steps to open Zerodha account online

  1. Visit Zerodha.com
  2. Click on the signup button available at the right-hand side of the top menu
  3. Enter your mobile number
  4. Enter the OTP received on your mobile phone
  5. You will be required to enter your details, PAN, and bank account in the process.

Zerodha Trading Software (Zerodha Trading Platforms)

A customer can trade with Zerodha in following ways:

  1. Kite 3.0 (Web-based Trading Platform)

    Launched in November 2015, Zerodha Kite Web is a web-based HTML 5 lightweight & fast trading platform which can be used for trading on mobile, tablets as well as on a web browser. Kite is developed in-house by Zerodha and since its launch has undergone various updates. Currently, Kite 3.0 web platform is offered by Zerodha. It offers full market watch, extensive charting with over 100 indicators and 6 chart types, advanced order types like Cover order, GTT order, millisecond order placements, and much more for trading at BSE, NSE and MCX. Kite Web 3.0 is available for free to all its customers.

    Read Zerodha Kite Review

  2. Kite Android / Kite iOS (Mobile Trading App)

    A smartphone application for Android and iOS. This app allows customers to trade from their mobile phones. Kite Mobile app is available for free to all Zerodha customers for trading & monitoring stocks, currency, and commodity markets in India. With live streaming data from BSE, NSE and MCX, Kite Mobile App is the most advanced trading app available in India.

  3. Zerodha Console (Reporting Dashboard)

    Console is the back-office platform of Zerodha. It's a trade and reporting dashboard wherein Zerodha customers can view and monitor all their investments- stocks, derivatives and mutual funds etc. They can also access various reports, get account statements, place withdrawal requests and download contract notes. The 'Console' also offers analytics tools such as tradebook and heatmap.

  4. Zerodha Sentinel (Price Alert Tools)

    Sentinel is a cloud-based tool which allows Zerodha customers to set up price alerts on stocks, futures and options. The unique feature of Sentinel is that unlike other similar price alert tools that are machine dependent and only trigger when the computer is on, here price alerts can be triggered for any time, even when the computer is off. Notifications are sent on Kite and e-mail every time a price alert is triggered. With Sentinel, a trader can set real-time price alerts on 80,000 stocks, derivatives and bonds etc., across exchanges.

  5. Zerodha Coin (Mutual Fund Investment)

    Zerodha Coin is a Mutual Fund investment platform by Zerodha. Coin allows people to invest in Direct Mutual Funds. This means you could do commission-free direct MF investment. It offers savings of over 1.5% on commissions every year. Mutual Funds are deposited in Demat account linked with Zerodha trading account.

  6. Call & Trade

    Customers who are not online; can use Call & Trade function for placing orders. This will be at an additional cost of Rs 50 per trade.Partner Products From Zerodha

Zerodha not only gives its customers access to its proprietary trading platforms and tools but also to products developed by other companies using the Zerodha platform. The tools can be integrated with Zerodha's Kite platform. Trading platforms and tools offered by Zerodha partners are-

  • Smallcase- It is one of its kind thematic investment platforms that enables users to invest in a ready-made portfolio of stocks created around a theme/idea or a strategy. There are several choices in smallcases like Top 100 stocks, Electric Mobility, Insurance etc., for an investor to choose as per his investment strategy and invest in a single click.
  • Streak- An end-to-end cloud-based platform for retail traders to create algorithms without coding, Backtest it on historical data and execute them live in the market. It offers other features like real-time information, alerts and manage positions.
  • Sensibull- It is an options trading platform that suggests trading strategies to traders based on their market view. With Sensibull, traders can compare various strategies, evaluate their profitability, understand risks and then execute it from the platform. It also allows traders to create custom option trading strategies.
  • GoldenPi- It is an online bonds & debentures trading platform. The automated, and technology-enabled platform provides real-time updates on new investment options, incoming interest payments to your A/C, and personal assistance. GoldenPi doesn't charge any fee from customers. The minimum investing amount in bonds Rs 10,000.
  • Ditto- It is an online insurance platform. You can get effective and helpful advice on insurance from this app. The app offers various insurance solutions to cater its customers. This is an advice cum insurance investment platform where you can book a free call, understand your requirements and buy insurance accordingly. Customers can buy different types of health and life insurance from the app.

 

Visit Zerodha Trading Software Review for more detail.

Zerodha Account Opening Enquiry

Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Zerodha Pros and Cons


Zerodha Pros (Advantages)

The following are the advantages of Zerodha. You must read Zerodha advantages and disadvantages before opening an account with Zerodha. Zerodha pros and cons help you find if it suits your investment needs.

  • Free account opening for people under 25.
  • Most popular Broker - Zerodha is the largest stock broker in India (by the number of active clients and daily trading volume).
  • Safest, most reliable & trustworthy broker in India
  • The best trading platforms & tools in the industry - Kite, Console and Coin
  • Brokerage free Equity Delivery Trades - You don't pay any brokerage when you buy shares using cash-and-carry (CNC). Delivery trade has no leverage. Once bought, shares get delivered to your demat account and if sold, shares will get debited from your demat account.
  • Cheapest share broker in India - They offer services under a simple pricing model. They charge 0.03% or Rs 20 per executed order, whichever is lower, regardless of the trade size. The maximum brokerage paid by the customer is Rs 20 per trade.
  • Zerodha Referral Program - Refer a friend and earn 10% of brokerage share.
  • Self-Clearing Broker - Zerodha is a self-clearing broker. They don't charge clearing charges from customers.
  • Pay as you go Brokerage Plans - Zerodha has simple pay-as-you-go brokerage plan. There are no prepaid brokerage plans available.
  • Zerodha GTT orders - Set long-standing stop loss and target orders for your stock investments.
  • Zerodha Kite 3 mobile - An all-new mobile app built for both, passive investors and active day traders, with significant speed and user experience enhancements.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a Zerodha account.

Zerodha Cons (Disadvantages)

The following are the cons of Zerodha. Check the list of Zerodha drawbacks.

  • Doesn't provide stock tips, research reports or recommendations.
  • Monthly unlimited trading plans are not available.
  • Lifetime free AMC demat account plans are not available.
  • An additional charge of Rs 50 per executed order for MIS/BO/CO positions which are not square off by the customer.
  • Call & Trade is available at an additional fee of Rs 50 per executed order.
  • 3-in-1 trading account is not available as Zerodha doesn't provide banking services.
  • Unlike most 3-in-1 accounts providers, Zerodha Back Office (console) is not integrated with its trading platform. The data in the back office gets updated overnight.
  • BSE SME IPOs are not available. NSE SME IPOs are available.

Open Instant Account with Zerodha

Zerodha Margin Exposure

Zerodha margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Zerodha F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Zerodha F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Zerodha Ratings

Overall Rating Rated 3.7 stars 3.7/5
Fees Rated 3.7 stars 3.7/5
Brokerage Rated 4.2 stars 4.2/5
Usability Rated 3.6 stars 3.6/5
Customer Service Rated 3.4 stars 3.4/5
Research Capabilities Rated 2.8 stars 2.8/5

Based on 478 Votes by Zerodha Customers

Do you trade with Zerodha? Rate Zerodha


Zerodha Complaint

The number of Zerodha customer complaint received by the exchanges. The Zerodha consumer complaint report helps understanding the Zerodha quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2024-25 7,392,836 101 0%
NSE 2023-24 7,392,836 567 0.01%
BSE 2023-24 5,749,732 217 0%
NSE 2022-23 6,392,902 446 0.01%
BSE 2022-23 4,362,520 127 0%
NSE 2021-22 6,277,434 543 0.01%
BSE 2021-22 3,316,769 46 0%
NSE 2020-21 3,602,074 868 0.02%
BSE 2020-21 452,471 19 0%
NSE 2019-20 1,414,376 432 0.03%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Zerodha Complaints at BSE, NSE and MCX for detail report.



Zerodha Pin Codes

Zerodha customer gets 3 pin numbers (passwords or pass codes) for different purposes:

  1. Kite PIN (for Login to Kite)
  2. Zerodha Telephone Code (for calling Zerodha)
  3. Zerodha CDSL TPIN(for Demat Sell Transaction)

Zerodha Short Selling

  1. Equity F&O Segment - Zerodha allows intraday and overnight short selling in the F&O segment.
  2. Equity Cash Segment - Zerodha allows short selling only for Intraday, but not for overnight positions.

Frequently Asked Questions

  1. 1. Is Zerodha really free?

    Zerodha offers truly brokerage free equity delivery trading and Mutual Fund investment. But it charges flat Rs 20 or 0.03% (whichever is lower) per executed order brokerage fee for trading in Intraday and F&O across Equity, Currency and Commodity segments.

    Though Zerodha offers commission free trading in equity delivery, the customer has to pay other charges including Government Taxes (STT, Exchange Turnover Charges, GST, SEBI Charges and Stamp Duty), Demat Transaction Charges (Rs 13.50 flat for every debit transaction) and Demat Account AMC (Rs 300 yearly).

    Zerodha Brokerage Charges

    Segment

    Brokerage Charges

    Equity Delivery

    Rs 0 (Commission Free)

    Equity Intraday

    Flat Rs 20 or 0.03% (whichever is lower) per executed order

    Futures (Equity/Currency/Commodity)

    Flat Rs 20 or 0.03% (whichever is lower) per executed order

    Options (Equity/Currency/Commodity)

    Flat Rs 20 or 0.03% (whichever is lower) per executed order (on Turnover)

    Mutual Fund

    Rs 0 (Commission Free Investment)

     

     

  2. 2. What is Zerodha demat account?

    A Zerodha demat account is an online account to hold financial securities such as stocks, bonds, and mutual funds, in the electronic format. The demat account makes online trading possible with fast, secure and paperless transactions of shares. The Zerodha demat account is opened with CDSL, who holds the demat account. Zerodha service the demat account.

     

     

  3. 3. Is Zerodha the best?

    Zerodha is best in the following ways:

    1. Best trading platform in India.
    2. Brokerage-free equity delivery trading.
    3. Direct mutual funds (free of any commission) earn 1.5% more.
    4. A lower brokerage (Rs 20 per trade) compared to full-service brokers.
    5. Leadership has a clear and exciting vision for the future.
    6. Very popular among frequent trader as well as casual investors.

     

     

  4. 4. How much Zerodha charge for trading?

    Zerodha offers brokerage free equity delivery trading and charges flat Rs 20 for intraday and F&O trades. Order placed through Call & Trade facility in all segments is charged at Rs 20 per executed order additionally.

    Zerodha Brokerage Charges

    SegmentBrokerage

    Equity Delivery

    Rs 0 (Free)

    Equity Intraday

    Rs 20 per executed order

    Equity Futures & Options

    Rs 20 per executed order

    Currency Futures & Options

    Rs 20 per executed order

    Commodity Futures & Options

    Rs 20 per executed order

     

     

  5. 5. How to open Zerodha account online?

    Zerodha offers an online paperless account opening to all the customers. An individual can open 2-in-1 account (trading + demat account). Follow the steps below to open Zerodha account:

    1. Visit Zerodha.com
    2. Click on the signup button available at the right-hand side of the top menu
    3. Enter your mobile number
    4. Enter the OTP received on your mobile phone
    5. You will be required to enter your details, PAN, and bank account in the process.

     

     

  6. 6. Does Zerodha provide IPO?

    Yes, Zerodha offers online IPO application services. If you are a Zerodha customer then you can apply for an IPO online from within Console and pay using any UPI 2.0 enabled app. Here are the steps to apply in an IPO online with Zerodha:

    1. Login to Zerodha Console
    2. Click on the Portfolio menu and select 'IPO'.
    3. Choose the IPO you want to apply for from the list
    4. Enter your UPI ID
    5. Enter bid details like price, quantity, etc.
    6. Click Submit
    7. You will receive a 'Mandate' request on your UPI app, click 'Proceed' and you're done.

     

     

  7. 7. Does Zerodha offer direct Mutual Funds?

    Yes, Zerodha offers commission-free direct Mutual Funds (MF) investment through its online platform called 'Zerodha Coin'. With direct MF, an investor can save over 1.5% on commissions every year. The mutual funds are credited into the customer's demat account. The Coin also permits SIP of Mutual Funds.

     

     

  8. 8. Does Zerodha offer margin trading?

    No, Zerodha doesn't offer margin trading (as per the SEBI law introduced in Jan 2020). The customer has to pay the full margin prescribed by the stock exchange.

     

     

  9. 9. Does Zerodha give tips?

    No, Zerodha doesn't offer stock tips, recommendations, research and advisory. Zerodha is an online discount broker that offers only trading, demat account and mutual fund services. It does not offer other services like advisory, research and wealth management.

     

     

  10. 10. Why Zerodha charges for fund transfers?

    Zerodha uses 3rd party services for online instant fund transfer. It charges Rs 9 for any transaction through this payment gateway and pays most of it to the service provider.

    The fund transfer is free when you use IMPS, NEFT/RTGS and Cheque transactions but the funds, in this case, are not available instantly for trading.

     

     

  11. 11. What is Zerodha varsity?

    Zerodha Varsity is an investor education platform from Zerodha wherein customers can enhance their knowledge and skills on trading and investments. It has many modules or courses on different aspects of stock trading.

    Read Zerodha Varsity Review for more detail.

     

     

  12. 12. What is the Zerodha console?

    The console is the back-office platform of Zerodha. It's a reporting dashboard wherein customers can view and monitor all their investments, access various reports, account statements, place withdrawal requests and download contract notes. Zerodha console uses the same user id and password as Kite, the trading platform.

     

     

  13. 13. How to change bank account in Zerodha?

    The bank account linked to Zerodha Trading and Demat account can be modified by submitting an account modification request. This request has to be submitted offline (signed paper form). Zerodha doesn't offer online account modification i.e. changing the linked bank account facility.

    Steps to change bank account in Zerodha:

    1. Go to Zerodha.com
    2. Click on 'Downloads & resources' link in the footer 'Support' section
    3. Download 'Account modification form' from the 'Change request forms' section.
    4. Print and fill the form.
    5. Add proof of the new bank account*.
    6. Send the form to the Zerodha office in Bangalore.

    * The accepted bank proof is any one of the documents like:

    • Canceled cheque (name must be printed on the cheque)
    • Bank statement (with IFSC Code and MICR No.) (printed self-attested copy)
    • Bank passbook (self-attested photocopy)

    Note:

    • Rs 25 will be charged for the modification.
    • Once the form is received, it takes 1 working day to update.

     

     

  14. 14. What is square off time in Zerodha?

    Zerodha Intraday Auto Square off timings

    Segment

    Square-off Timing

    Equity Cash

    3:15 PM

    Equity Derivatives (F&O)

    3:25 PM

    Currency Derivatives

    4:45 PM

    Commodities

    25 minutes before close

    The auto square-off is triggered in the following scenarios:

    • CO/MIS position is not closed within a designated square-off time.
    • Insufficient margins in case of derivative positions
    • MTM losses exceed 50% of the position

    Note:

    • The auto square off attracts additional charges of Rs 50 over and above the brokerage.
    • The above-mentioned timings may change a bit based on market volatility. Zerodha informs its customer of any changes via mobile app notification.

     

     


Zerodha Reviews

Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

573 Comments

573. DEEPAK CHANDNANI   I Like It. |Report Abuse|  Link|May 1, 2024 1:56:12 PMReply
OUTSTANDING

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
572. jhhyg   I Like It. |Report Abuse|  Link|April 10, 2024 12:20:22 PMReply
bakwas bogus

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
571. dg   I Like It. |Report Abuse|  Link|March 26, 2024 3:48:42 PMReply
saf

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Average
570. sdasdsad   I Like It. |Report Abuse|  Link|March 26, 2024 3:46:31 PMReply
sdsdsdsdsdsd

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Average
569. Trivedi   I Like It. 1|Report Abuse|  Link|March 15, 2024 11:36:21 AMReply
HORRIBLE customer support especially Mr Joyel k joy. mannerless, inappropraite usage of words, doesant know basic english
568. Brij kishore   I Like It. |Report Abuse|  Link|March 3, 2024 3:18:48 AMReply
Good
567. Mahesh   I Like It. |Report Abuse|  Link|March 2, 2024 2:30:30 PMReply
OVERALL GOOD

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Average
Overall Experience - Above Average
566. karan   I Like It. |Report Abuse|  Link|February 2, 2024 9:59:34 PMReply
One of the annoying and arrogant broker. Customer service is very very arrogant. Their culture is very very arrogant and customer agnostic. Consistent periodic technical issue, which the engineering team will deny as if nothing happened. Boycott Zerodha was trending on X platform recently.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
565. Zerodha user   I Like It. |Report Abuse|  Link|February 2, 2024 4:28:24 PMReply
High charges on sell of stocks, which kite app doesn't shows when you sale your stocks.

No other stock broker, additional dp charges avoid zerodha

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
564. Deva Singh D   I Like It. |Report Abuse|  Link|August 20, 2021 7:42:36 AMReply
Fraud company...need to wait for tomorrow long time to withdrawal process once sold our stock and worst thsn 5paisa.
So don't trade with zerodha..they are making money from our harden money 😒.
I think ,this is very Fraudulent company.
564.1. Shyniben K   I Like It. |Report Abuse|  Link|January 11, 2024 11:47:05 AM
Someone paid for you to say this... ha ha ha :) I am using the platform for 4 years and very happy. In fact, zerodha is most transparent (number one, if not number two).
563. pankaj Srivastav   I Like It. |Report Abuse|  Link|December 13, 2023 11:48:55 AMReply
I have tried several times but it vain. I have paid Rs. 200 but not open my accounts by Zerodha.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
562. KNOWN STRANGER   I Like It. |Report Abuse|  Link|December 11, 2023 7:02:10 PMReply
ZERODHA = ZERO AVRODH

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
561. Madhur   I Like It. |Report Abuse|  Link|December 1, 2023 4:14:23 AMReply
These people have made their own process to square off stock options by RMS. There should be some protocol and fixed time frame set by regulation and not let these people like zerodha earn money by squaring off positions at their discretion. In top of that they charge Rs 50 as call and trade even for auto square off... I agree that with zerodha, you will end up losing all your funds.
560. amit   I Like It. |Report Abuse|  Link|November 6, 2023 8:50:06 AMReply
position show ni kr rha.. mai apna profit book ni kar paya.. aur ab wo minus me hai.. phir bhi mai position show ni hone k kaarn usko cut ni kr paa rha hu.. zerodha ek froud app hai... plz koi bhi isme account mat khulwana.. warna loot jaoge
559. PS   I Like It. |Report Abuse|  Link|November 4, 2023 10:43:17 PMReply
Very arrogant customer support. Very very arrogant development and business team. Often, there are technical glitches. Not worth paying AMC or other charges!!!

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
558. Sheetal   I Like It. |Report Abuse|  Link|October 12, 2023 6:04:25 PMReply
Easy to understand and use. FAQ's are really helpful.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Above Average
Overall Experience - Excellent
557. venkataiah   I Like It. |Report Abuse|  Link|October 7, 2023 11:09:33 AMReply
very good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
556. KRISHNA   I Like It. |Report Abuse|  Link|March 15, 2023 6:52:39 PMReply
EXPRIANCE IS NOT GOOD

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Excellent
555. Sushil Kumar   I Like It. |Report Abuse|  Link|August 31, 2023 12:08:21 PMReply
Pathetic Customer care service. i've accounts with couple of other brokers as, Zerodha has the worst service i experienced until now.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
554. nakul   I Like It. |Report Abuse|  Link|September 22, 2023 11:42:06 AMReply
Third class support .

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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