Zerodha Customer Reviews, Complaints and Feedback (Page 28)

Hi Jacob, Please find the link for the brokerage calculator for all the segment's...
http://zerodha.com/main/calculator/calcs.html

Can u provide the last ie. May 2012 revised brokerage calculator link for Futures and Options, both intraday and carry forward and also for equity, thanks Jacob Pereira

NSE Charges, Transaction Charges and Statutory Levies will be charged as applicable - Can any one give the detailed figures of these charges

Hi,

What are the banks supported by the payment gateways? Is CITI bank supported by the payment gateway?

Why is Rs.9 charged for using payment gateway to transfer funds into trading account? Sounds strange while others do it for free.

How to add funds into and out of the trading account?
How to withdraw funds from the trading account? Will it be credited to my account directly or Cheque or DD will be sent to the mailing address?
If Credited to bank directly,How many days should i wait for the funds to be added to my bank account?
Rs. 20 brokerage per trade - Need clarity. Which best defines the brokerage rate?
1. Rs.20 per order/transaction i.e., Rs.20 for intraday Buy and Rs.20 for intraday Sell
2. Rs.20 per intraday trade(Rs.20 for Buy+Sell)?
3. Rs.20 per scrip i.e., if i made 5 orders in same scrip, only Rs.20 will be charged or Rs.100 will be charged?

Stamp duty is maximum Rs.50 per contract note. Is there any maximum limit for Brokerage per Contract note?

There is 'No Minimum Brokerage' with Zerodha. This is helpful with small trades where 0.01% brokerage [one side] is applied - Is this mean if i buy shares of 1000 shares @ 1Re each - i still get brokerage of 10 paise only right?

What is the leverage/margin exposure given for Intraday trades? Currently my broker offers 10 times the cash in trading account.
Is stock margin available?

Can i sell the shares i bought in cash segment before it added to DP?

Any transaction amount limit for Intraday trade / Cash trade? Currently my broker restricted me for the minimum of Rs.500 for intraday trade. No minimum restriction for Cash trade.


Suitable answers appreciated.

Thanks,

Hi I am going to start the trading with zerodha from today. i will comment about the service after some couple of days.

As far as their Trading account with Zerodha is concerned , no doubt, It is good. But, I feel services and charges of their DP IL& FS is not good. :-(. I request Zerodha to start DP Services also.They change History of Indian Stock Markets.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average

Above Average. Zerodha does not offer DP Services and Dem-at has to be opened with IL&FS. DP Charges of IL&FS are high and services are poor. SO,Finally the deal turns out to be expensive :-)

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Average
Overall Experience - Above Average

I am trading with icici direct.com.Seeing ZERODHA cheap brokerage i want to open an account with zerodha.

Hi,
Impressed with the Q & A's of the session. Pls clarify the difference between the Trading a/c and Demat a/c. If i want to invest in SIP's what is the process to avail this.

i jost oprnd a account & i am loving it.
i use to pay 500 to 1000rs brokerage to sharekhan but now ia mhappy trading in nifty options without worry about brokerage

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

I have asked for few clarification before opening my account with them and I am happy that my mails are responded promptly.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average

Hey Hariboy,

Thanks firstly for the comment...

As far as BSE goes, we have already done our documentation... Ideally should be up by feb, but can take a little longer as well....

Trading terminal, Along with NOW we would be offering you all a very good trading platform on which you can trade all exchanges and segments with collocated servers to give you all the best speed and reliability...

Feature wise, hopefully you are all in for a surprise... ;)

Brokerage structure will remain the same...

Brokerage 0.01%/0.1% or Rs 20 per executed order whichever is lower... Stamp duty 0.01% with a maximum of Rs 50 per contract note... We don't have a concept of fixed or variable brokerage... It is one simple charge...

http://zerodha.com/main/calculator/calcs.html Visit our calculator, put in the prices and you will know your exact contract note charges...

Cheers...

Hey Hari, If you are planning to do f&o trading.. you don't need a demat account as such... Just a trading account would do..

If it is equity and f&o trading that you intend to do, yes you can open a demat and trading with us... There is no need to close your integrated account as you can have multiple demat accounts.... Give us a buzz and we will explain you how it works....

Hi Sachin!

I don't think there is a share broker in the world with such unanimous positive reception, so keep up the good work. I have a few questions of mine:

---BSE Qs---

-Can please give us a date (range) when BSE trading will start?

-When BSE starts through Zerodha, will there be a different brokerage structure?

-For NSE listed securities, people use the NOW platform. How will the BSE listed securities will be traded?

-If there is a new platform for BSE, will it have features similar to NOW such as fast execution of orders along with real time monitoring?

---Brokerage Qs---
-So you charge max of Rs 20 as brokerage (variable), max of Rs 50 as stamp duty per day (fixed), etc. Can you please tell us about the maximum total brokerage & fees (all kinds) on a transaction? I would appreciate it if you gave me the figures separately for variable and fixed brokerage.

Thanks for your help Zerodha!

Iam really imprssed with the brokerage charges they are offering. I have applied to open an account with Zerodha. Looking forward to see good service.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent

I wish to open account with Zerodha for on line trading, but I have demat account with Integrated Enterpsies India limited.

Can you please suggest the way I can trade through Zerodha?

Do I have to cancel demat account in Itegrated Enterprise India and open the same in Zerodha or is it possible for me to just open another demat account in Zerodha.

Regards,

Hariboy

Stamp duty charges would be 0.01% on the contract turnover but with a maximum of Rs 50 per day... This applies to all kind of trading, equity, f&o and commodities...

Cheers..

Yes you can link your hdfc demat...

we dont' have any concept of minimum charges... even if you trade penny stocks, you would pay 0.01% or Rs 20 whichever is lower...

BSE should be up in a couple of months...

Hi Sachin ,

Could you please elobrate what are the stamp duty charges.
Is it 0.01% of the total turnover or some thing else-
And is it same for Intradau and delivery.

What if I purchase a 0.10 paisa stock, would the brokrage be still the same 0.01% or 20 which ever is low. Should be my last question hopefully...