Zipper Trade Vs Zerodha

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Zipper Trade Vs Zerodha comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.

We will talk at length in this detailed review for your reference.

Zipper Trade Vs Zerodha Comparison

Here is a point by point comparison of Zipper Trade Vs Zerodha.

Zerodha is also one of the leading discount brokers in India which was founded in 2010. Zerodha has been there in the market for a while and understands the concept of discount broking and how it helps traders.

It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage. The broker is based out of Bangalore.

Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stockholding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure.

Discount brokers such as Zerodha or Zipper Trade offer trading services at much cheaper brokerage rates and reasonable customer service.

Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.

To make things easy for you, we have listed out the comparison between Zipper Trade Vs Zerodha to help you find which of the two suits your needs better.

The comparison is made on aspects such as:

Company Overview
Account Opening Charges
Brokerage
Exposure or Leverages
Research
Trading Platforms
Other Features

Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.

Zipper Trade Vs Zerodha Details

This is how both these stockbrokers stack up against each other:



	Zerodha Review	Zipper Trade Review
OVERVIEW
Broker Type	Discount Broker	Discount Stock Broker
Incorporated In the Year	2010	2016
Number of branches across India	11	1
Exchanges	BSE, NSE, MCX, MCX-SX	NSE, BSE, MCX-SX, MCX and NCDEX
ACCOUNT CHARGES		NSE, BSE, MCX-SX
Trading Account Opening Charges	₹200 (₹300 if you want to Zerodha to courier account opening forms)	₹0
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹100	₹0
Demat Account Annual Maintenance Charges	₹300	₹0
Transaction Charges	Zerodha Transaction Charges	Zipper Trade Transaction Charges
BROKERAGE
Equity Delivery	₹0	₹15 per executed order or 0.1% of turnover (whichever is lower)
Intraday Delivery	0.01% or ₹20 per trade whichever is lower	₹15 per executed order or 0.1% of turnover (whichever is lower)
Equity Futures	0.01% or ₹20 per trade whichever is lower	₹15 per executed order or 0.1% of turnover (whichever is lower)
Equity Options	0.01% or ₹20 per trade whichever is lower	₹15 per executed order
Currency Futures	0.01% or ₹20 per trade whichever is lower	₹15 per executed order or 0.1% of turnover (whichever is lower)
Currency Options	0.01% or ₹20 per trade whichever is lower	₹15 per executed order
Commodity	0.01% or ₹20 per trade whichever is lower	₹15 per executed order
Calculate Brokerage	Zerodha Brokerage Calculator	Zipper Trade Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 5 times for Intraday	Upto 10 times for Intraday, No exposure for Delivery
Equity Futures	Upto 5 times to 20 times for Intraday	2 times for Intraday
Equity Options	Upto 5 times to 20 times for Intraday	3 times for Intraday
Currency Futures	Upto 5 times for Intraday	2 times for Intraday
Currency Options	Upto 5 times for Intraday	3 times for Intraday
Commodities	Upto 5 times for Intraday	2 times for Intraday
RESEARCH
Daily Market Reports
Tips/Recommendations
Quarterly Analysis
News Alerts
TRADING SEGMENTS
Equity
Mutual Funds
IPOs
Currency
Commodity
CUSTOMER SERVICE OPTIONS
Email Support
Live Chat
Phone
Toll Free Number
Offline Branches
FEATURES
Mobile Trading
Orders Accepted After Trading Hours
Charting
SMS Alerts
Robo Advisory
Automated Trading
Market Tips
Margin Funding
Relationship Managers
3 in 1 Account
Trading Platform(s)	Zerodha Pi, Kite Web, Kite App, NEST	ODIN Diet, NOW Online
Complaints percentage	0.05%	0.05%
OVERALL RATING
	Get a Call Back	Get a CallBack

*NSE Complaints Percentage: Lower is this number, Better is the broker.

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

Also, check out some of the other stockbroker comparisons you might be interested in.

Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Zipper Trade Vs Zerodha for the benefits of other readers? Please feel free to share in the comments below.

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.