A lot of people in India use the Zerodha trading app to trade online. Today I’m going to give you my Zerodha trading app review after using it for over 2 years. I must say, it’s pretty great. The app has some pros and some cons, which are listed below:
It has low brokerage fees and no commissions on trades that deliver stocks.
It has many features and tools, like charts, indicators, scanners, screeners, and more, that can help you study the market.
It works with many segments and exchanges, like NSE, BSE, MCX, and more.
It has strong customer service that you can reach by phone, email, or chat 24 hours a day, seven days a week.
A fast internet connection and a good device are needed for it to work well.
It has technical problems and connection problems from time to time
Beginners may find it hard to understand at first because it has a steep learning curve.
It doesn’t offer research or advice, so you need to do your own research before you invest.
That being said, I believe the Zerodha trading app is the best choice for anyone in India who wants to trade online. Some small problems exist, but the pros are greater than the cons. That’s right, you should give it a try if you want a trustworthy and cheap trading app.
Company name | Zerodha |
Headquarters | Bengaluru |
Founder | Nithin Kamath |
Establishment Year | 15 August 2010 |
Account Opening Fee The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. | ₹200 |
Annual Maintenance Charges (AMC) This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. | ₹0 |
Pledge Creation Charges | ₹30 + GST per pledge request |
Pledge Invocation Charges | ₹0 |
Interest on Margin Trading | 0.035% per day (equivalent to 12.775% p.a.) |
Margin Re-Pledge | ₹0 |
Brokerage Plan | Standard |
Equity Delivery Charges | ₹0 |
Equity Intraday Charges | ₹20 or 0.03% per executed order, whichever is lower |
Equity Futures charges | ₹20 or 0.03% per executed order, whichever is lower |
Equity Options charges | Flat ₹20 per executed order |
Currency Futures charges | ₹20 per executed order or 0.03% of the transaction value, whichever is lower |
Currency Options charges | Flat ₹20 per executed order |
Commodity Futures charges | ₹20 per executed order or 0.03% of the transaction value, whichever is lower |
Commodity Options charges | ₹20 per executed order |
Demat Services | ✅Yes |
Trading Services | ✅Yes |
Intraday Services | ✅Yes |
F&O Services | ✅Yes |
IPO Services | ✅Yes |
Share Pledging | ✅Yes |
NRI Services | ✅Yes |
Referral Program | ✅Yes |
Call Support | 080 47181888 |
Email Support | [email protected] (10AM - 5PM) |
Whatsapp Support | ⛔No |
Website Support | ✅Yes, create ticket |
Equity Delivery Margin Leverage | No leverage available; you need the full purchase value in your account. |
Equity Intraday Margin Leverage | Upto 5x depending on the stock (lower leverage for volatile stocks) |
Equity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront |
Equity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront |
Currency F&O Margin Leverage | No leverage available; requires full margin upfront |
Commodity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront |
Commodity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront |
Free Account Opening | ⛔No |
Free Brokerage | On Stock delivery, Mutual Funds and IPOs only |
Free AMC | ✅Yes |
Free Equity Delivery | ✅Yes |
Free F&O Trading | ⛔No |
Free Intraday Trading | ⛔No |
Free Trading calls | ⛔No |
Happy Trading Hours | ⛔No |
Flexible Brokerage Plans | ⛔No |
Referral Offers | ✅Yes |
Margin Funding (MTF)/ Pledging | ✅Yes |
Brokerage Cashback | ⛔No |
Zero Brokerage for Loss Making Trades | ⛔No |
Relationship Manager | ⛔No |
Equity Delivery | ✅Yes |
Equity Intraday | ✅Yes |
Equity Futures | ✅Yes |
Equity Options | ✅Yes |
Currency Futures | ✅Yes |
Currency Options | ✅Yes |
Commodity Futures | ✅Yes |
Commodity Options | ✅Yes |
Foreign Stocks | ⛔No |
Mutual Funds | ✅Yes |
Banking | ⛔No |
Insurance | ⛔No |
Corporate Bonds | ⛔No |
Govt. Bonds | ⛔No |
Digital Gold | ⛔No |
Market Order | ✅Yes |
Limit Order | ✅Yes |
Bracket Order | ✅Yes |
Cover Order | ✅Yes |
After Market Order (AMO) | ✅Yes |
Good Till Cancelled (GTC) | ✅Yes |
Buy Today Sell Tomorrow (BTST) | ⛔No |
Sell Today Buy Tomorrow (STBT) | ⛔No |
Annual Reports | ✅Yes, powered by Tickertape |
Company Reports | ✅Yes, powered by Tickertape |
Research Reports | ✅Yes, powered by Tickertape |
Fundamental Reports | ✅Yes, powered by Tickertape |
IPO Reports | ✅Yes |
Technical Reports | ✅Yes, powered by Streak |
Stock tips | ⛔No |
Daily Market Review | ⛔No |
Monthly Review | ⛔No |
Weekly Review | ⛔No |
Robo Advisory | ⛔No |
Equity Delivery STT & CTT | 0.1% on buy & sell |
Equity Intraday STT & CTT | 0.025% on the sell side |
Equity Futures STT & CTT | 0.0125% on the sell side |
Equity Options STT & CTT | 0.0625% on sell side (on premium) |
Currency Futures STT & CTT | No STT |
Currency Options STT & CTT | No STT |
Commodity Futures STT & CTT | 0.01% on sell side (Non-Agri) |
Commodity Options STT & CTT | 0.05% on sell side |
Watchlist | ✅Yes |
Real Time Updates | ✅Yes |
Portfolio Details | ✅Yes |
Price Alert | ✅Yes |
Online Mutual Fund Buy | ✅Yes |
Global indices | ⛔No |
Customized Recommendations | ⛔No |
Advanced charting | ✅Yes |
Live market | ✅Yes |
Multiple Profile Management | ⛔No |
Secure Platform | ✅Yes |
Android App | ✅Yes |
iOS App | ✅Yes |
Web Trading Platform | ✅Yes |
Trading Terminal | ✅Yes |
Algo Trading Platform | ✅Yes |
Foreign Stocks Trading Platform | ⛔No |
Basket Trading Platform | ✅Yes |
Mutual Fund Investment Platform | ✅Yes |
Digital Gold Investment Platform | ⛔No |
Bonds Investment Platform | ⛔No |
Equity Delivery Transaction Charges | NSE: 0.00325% | BSE: 0.00375% |
Equity Intraday Transaction Charges | NSE: 0.00325% | BSE: 0.00375% |
Equity Futures Transaction Charges | NSE: 0.0019% | BSE: 0 |
Equity Options Transaction Charges | NSE: 0.05% (on premium) | BSE: 0.005% (on premium) |
Currency Futures Transaction Charges | 0.0009% |
Currency Options Transaction Charges | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
Commodity Futures Transaction Charges | Exchange txn charge: 0.0026% |
Commodity Options Transaction Charges | Exchange txn charge: 0.05% |
Equity Delivery Stamp Duty | 0.015% or ₹1500 / crore on buy side |
Equity Intraday Stamp Duty | 0.003% or ₹300 / crore on buy side |
Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side |
Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side |
Currency Futures Stamp Duty | 0.0001% or ₹10 / crore on buy side |
Currency Options Stamp Duty | 0.0001% or ₹10 / crore on buy side |
Commodity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side |
Commodity Options Stamp Duty | 0.003% or ₹300 / crore on buy side |
SEBI Turnover Charges | ₹10 / crore |
DP Charges | ₹13.5 + GST per scrip (irrespective of quantity) |
GST charges | 18% of (Brokerage + Transaction charges + Demat) |
Account Closure Charges | Free |
Reactivation Charges | Free |
Dematerialization Charges | ₹150 per share certificate, ₹100 courier charges, + 18% GST |
Call and Trade charges | ₹50 per order |