What are the Advantages of Zerodha Trading
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As far as popularity is concerned, Zerodha tops the list of Indiaās Best Discount Brokers. The Bangalore-based broker has been around for about 10 years now and has witnessed a rapid increase in its client base (which is currently about a million). Big name, high popularity, and word-of-mouth may have tempted you toward Zerodha. But are you still not sure? Keep calm, letās discover what Are The Advantages of Zerodha Trading?
About 15% of Indiaās real trade volume comes from Zerodha. Besides, itās discounted rates, reliable platforms and authenticity is the reason behindās the firmās success and fame. In what follows, discussed are the benefits of Zerodha Trading. Stay tuned!
Advantages of Zerodha Trading
Here are the top advantages of Zerodha Trading. Grab the complete detail and reap the best out of its trading platform.
Zerodha Brokerage
Zerodha charges zero trading fees on equity delivery and a discounted brokerage of ā¹20 or 0.03% (whichever among the two is of lower amount) in all other trading segments including- equity, futures & options, currency, and commodity.
Besides, the firm has a fixed one-time account opening fee and Zerodha AMC levied only on Demat Accounts. Trading accounts with the broker do not have any maintenance fee.
DP Charges in Zerodha
Apart from the brokerage, DP charges that is included in the trading cost. Here again, Zerodha offers relaxation by charging the minimum fees ofĀ ā¹13.5 per scrip for delivery trade and BTST orders.
Other than this, there is no DP charges for intraday, Futures and options trading in Zerodha.
Zerodha Brokerage Calculator
Apart from the brokerage, there are other fees and taxes like STT charges in Zerodha. Now you can calculate the brokerage and these charges easily using the highly advanced and easy-to-use brokerage calculator. This helps you in evaluating the fees and other taxes imposed on trading.
Further, it also helps traders to calculate the net profit they can earn from the trade.
Zerodha Trading Platform
The broker is known for offering next-generation trading platforms that have trading tools, allow charting, help in monitoring desired stocks, and provides a detailed analysis of stocks and indices. These platforms are Zerodha Kite, Zerodha Kite Mobile App, Zerodha Pi, and Zerodha Console.
Kite is an advanced trading platform that is built in-house by the firm. It is available on both web and mobile versions to suit the needs of different customers.
You can use the platform (Kite) for executing the Zerodha Commodity trading.
Also, the platform is helpful to know about used margin in Zerodha after the execution of intraday and Futures and Options trade.
The console is Zerodhaās next-generation back office that assists in analytics and reporting.
Zerodhaās Coin platform enables its users to purchase mutual funds commission-free (directly from asset management companies). The broker offers Zerodha Coin Mobile App for the same. Moreover, all Zerodha platforms have an in-built multi-datacenter disaster management infrastructure that ensures safety, and reliability.
You can create up to 5 wishlists on Zerodha and customize them as per your financial goals. Besides Zerodhaās advanced trading tools include – span calculators, BO (bracket orders), the provision of trailing stop-loss, market intel, market monitor, options strategy, etc.
You can easily do Zerodha Fund Transfers to and from your account using Net Banking as well as Zerodha UPI.
Zerodha Customer Care
The brokerās interactive portal āZ-Connectā covers most of the clientās queries in the form of blogs, illustrations, and interactive articles. Besides, Zerodha Varsity is an online education portal available free of cost to all Zerodha active clients.
It covers topics such as – trading & investments, explanation of options trading, fundamental & technical analysis, technical analysis, etc.
As far as direct customer assistance is concerned, the firm has a huge staff in the form of Zerodha Customer Care that takes care of about a million customers and their queries/grievances through email and phone.
Zerodha 60 Day Challenge
Apart from the above-mentioned things, the firm offers other perks such as:
- Trade profitably along with acknowledgment & certificate under Zerodha 60-day-challenge
- Zerodha Streak wherein clients can write, backtest and go live on technical analysis strategies at zero extra cost
- Debt-free and profitable trading experience along with QOQ growth from the beginning
Conclusion
You can enjoy all these perks only if you have a Zerodha Account (either Trading or a Zerodha Demat Account).
Trading with Zerodha not just involves lower risks but also gives you an opportunity to trade at the minimum cost because of the least Zerodha trading charges.Ā
So what are you waiting for? Open your account with Zerodha now to enjoy these exclusive benefits. KnowĀ the Zerodha Free Demat Account opening procedure now. It can be done via online as well as offline methods.
We hope that you advantages of Zerodha Trading give you a clear idea as to whether to go for Zerodha or not. However, as flattering things may seem, as a responsible individual, you must research, analyze, identify your financial goals, and then make a decision.
Happy investing!
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