Astha Trade Vs Zerodha
| |Astha 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.
Astha Trade Vs Zerodha Comparison
Here is a point by point comparison of Astha Trade Vs Zerodha.
Astha Trade is a discount stock broker based out of Bhopal and has a presence in more than 100 locations across the country. Although it’s a full-service broker, its brokerage charges are reasonable and offer a wide range of trading platforms.
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.
Discount brokers such as Zerodha or Astha 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 Astha 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
Astha Trade 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.
This is how both these stockbrokers stack up against each other:
Zerodha Review | Astha Trade Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2010 | 2005 |
Number of branches across India | 11 | 100+ |
Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, NCDEX, MCX-SX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹200 (₹300 if you want to Zerodha to courier account opening forms) | ₹500 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹100 | ₹300 |
Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
Transaction Charges | Zerodha Transaction Charges | Astha Trade 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 | 0.01% |
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 | Astha Trade Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 times for Intraday | Upto 40 times for Intraday, 4 times for Delivery |
Equity Futures | Upto 5 times to 20 times for Intraday | 10 times for Intraday |
Equity Options | Upto 5 times to 20 times for Intraday | 7 times for Intraday |
Currency Futures | Upto 5 times for Intraday | 3 times for Intraday |
Currency Options | Upto 5 times for Intraday | 2 times for Intraday |
Commodities | Upto 5 times for Intraday | Depending on the Commodity |
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 | ODIN Diet, iWin Mobile, FinTech Web, NSE Now, NSE Mobile, Bhav Terminal Software |
Complaint Percentage of Active Clients | 0.02% | 14 |
OVERALL RATING | ||
*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 Astha 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.
Astha trade is only good in providing leverage, They don’t have proper charting software, their mobile app is specially designed app.
If a person is in profit then their APP automatically hang, you won’t be able to use it till you are in profit and specially if you are a new trader their APP knows.
If a person is a new in trading and joins Astha trade then be ready to wipe out all your money.
I would never advice anyone to trade with ASTHA if they are new into trading and they want to learn, Join Zerodha or Upstox they are good.
Their margin is lower but at least you wont end up loosing all money. Don’t see the leverage of Astha, Eventually you will loose all your funds because their APP will always hang, even Odin hangs if we are in profit.