Looking for Low Brokerage, High Margin & Free Tips?
LKP Securities Vs Zerodha
| | Broker Comparison, Trading | No Comments
LKP Securities 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.
LKP Securities Vs Zerodha Comparison
Here is a point by point comparison of LKP Securities Vs Zerodha.
LKP Securities is a full-service stock broker based out of Mumbai and has a presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a net worth of ₹158 Crore for the FY 2016-17.
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.
Discount brokers such as Zerodha offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as LKP Securities will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
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 LKP Securities 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
LKP Securities Vs Zerodha Details
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.
 |  | |
| Zerodha Review | LKP Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2010 | 1948 |
| Number of branches across India | 11 | 17 |
| Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, MCX, MSEI |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹200 (₹300 if you want to Zerodha to courier account opening forms) | ₹250 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹100 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹200 |
| Transaction Charges | Zerodha Transaction Charges | LKP Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹0 | 0.1% |
| Intraday Delivery | 0.01% or ₹20 per trade whichever is lower | 0.01% |
| Equity Futures | 0.01% or ₹20 per trade whichever is lower | 0.01% |
| Equity Options | 0.01% or ₹20 per trade whichever is lower | ₹10 per lot |
| Currency Futures | 0.01% or ₹20 per trade whichever is lower | 0.007% |
| Currency Options | 0.01% or ₹20 per trade whichever is lower | ₹10 per lot |
| Commodity | 0.01% or ₹20 per trade whichever is lower | 0.01% |
| Calculate Brokerage | Zerodha Brokerage Calculator | LKP Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 times for Intraday | More than 10times(Depends on VAR)-Intraday & 5-6 times (Depends on VAR)-Delivery |
| Equity Futures | Upto 5 times to 20 times for Intraday | Upto 4 times Intraday |
| Equity Options | Upto 5 times to 20 times for Intraday | 3 times buying, 4 times for Short |
| Currency Futures | Upto 5 times for Intraday | 3 times intraday |
| Currency Options | Upto 5 times for Intraday | 2 times buying, 3 times for Short |
| Commodities | Upto 5 times for Intraday | Intraday 4 times, Carry forward 1 time |
| Margin | Zerodha Margin | |
| 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 | | |
| Customer Care | Zerodha Customer Care | |
| 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, Zerodha Kite, Zerodha Kite Mobile App, NEST Trader | LKP Blue, Trade Smart LKP Mobile App, LKP Boss, ODIN |
| Complaint Percentage of Active Clients | 0.02% | 0.04% |
| OVERALL RATING |  |  |
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 LKP Securities Vs Zerodha for the benefits of other readers? Please feel free to share in the comments below.
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.
In case you are looking to open a Demat account, get started by entering basic details below:
Summary
Reviewer
A Digital Blogger
Date
Broker Name
LKP Securities Vs Zerodha
Overall Rating
