Zerodha kite

Zerodha is trusted by over 1.5 crore customers who hold over ₹5 lakh crores worth of investments. Our mission is to help you do better with your money.Zerodha Kite is our flagship trading and investment platform, used by over 75 lakh traders and investors who place 2+ crore orders every day.Why Kite?● Free demat and trading account.● Free zero brokerage investments in stocks, bonds, Exchange-Traded Funds (ETFs), Initial Public Offerings (IPOs), government bonds, and gold bonds.● Advanced trading tools for charting, F&O analytics, investment research, and backtesting.● Comprehensive tax-ready reports that help you file your tax returns easily.● Filtered and curated updates for the investments in your portfolio.● Free access to Zerodha’s ecosystem products like Sensibull, Tijori, Streak, Quicko, and more.● Nudges in the order window to help you make better trading and investment decisions ● No gimmicks, spam, "gamification," or annoying push notifications.Zerodha Broking Ltd.SEBI Registration no.: INZ000031633Broker code: NSE 13906 | BSE: 6498 | MCX: 56550Zerodha Commodities Ltd.SEBI Registration no.: INZ000038238Broker code: NSE 50001 | MCX: 46025

Zerodha is trusted by over 1.5 crore customers who hold over ₹5 lakh crores worth of investments. Our mission is to help you do better with your money.Zerodha Kite is our flagship trading and investment platform, used by over 75 lakh traders and investors who place 2+ crore orders every day.Why Kite?● Free demat and trading account.● Free zero brokerage investments in stocks, bonds, Exchange-Traded Funds (ETFs), Initial Public Offerings (IPOs), government bonds, and gold bonds.● Advanced trading tools for charting, F&O analytics, investment research, and backtesting.● Comprehensive tax-ready reports that help you file your tax returns easily.● Filtered and curated updates for the investments in your portfolio.● Free access to Zerodha’s ecosystem products like Sensibull, Tijori, Streak, Quicko, and more.● Nudges in the order window to help you make better trading and investment decisions● No gimmicks, spam, "gamification," or annoying push notifications.Zerodha Broking Ltd.SEBI Registration no.: INZ000031633Broker code: NSE 13906 | BSE: 6498 | MCX: 56550Zerodha Commodities Ltd.SEBI Registration no.: INZ000038238Broker code: NSE 50001 | MCX: 46025 Show more Show less

Having monthly unlimited plans.Zerodha Brokerage Structure:SegmentZerodha Brokerage ChargesEquity IntradayRs 20/order or 0.03% which ever is lowerEquity DeliveryNo BrokerageEquity FuturesRs 20/order or 0.03% which ever is lowerEquity OptionsRs 20/orderCurrency FuturesRs 20/order or 0.03% which ever is lowerCurrency OptionsRs 20/order or 0.03% which ever is lowerCommoditiesRs 20/order or 0.03% which ever is lowerMore information about Zerodha account opening and DP charges here.Following are the some of the features which I liked and disliked about Zerodha:Pros:Free delivery based trades and maximum of Rs20/trade in other segmentsFirst Discount broker of India & Best discount broker with highest number of customersTaken initiative to educate common investors through open platform Zerodha VarsityState of the art trading terminal such as Zerodha KiteNew direct mutual fund investment terminal called CoinCons:Call and trade is chargeble at Rs 203-in-1 demat account possible only if you have IDFC First bank Savings accountI have written detailed review of Zerodha . In that I have discussed their account opening fees, brokerage plans, trading terminals and exposure margins in detail. I recommend you to visit that page.Zerodha Account opening is completely online and 100% paperless. If your mobile number is linked to aadhar number, It can be opened in 15 min. Please go through the step by step procedure of opening Account with Zerodha.Zerodha Account Opening Charges:Zerodha has made account opening free with effect from June 29, 2024. Use below link to go directly to Zerodha account opening page to open the Zerodha demat account without any fees.#2. Upstox Demat AccountUpstox is another leading discount broker based out of Mumbai. They are no 2 after Zerodha and formerly known as RKSV Securities.Their brokerage structure is more or less copy of Zerodha. Initially they had monthly unlimited plans but taken them out.They also charge Zero brokerage for delivery trades and Rs 20/trade for executed order.

For intraday and Futures traders, how much can be saved.Let us assume you buy Rs 10lakh and sell 10lakh worth of shares daily. That means in around 20 trading days of month it will be 400 lakhs.ICICI Direct charges 0.0275% hence the brokerage charges per month is Rs400Lakh * 0.0275% which is Rs 11,000.So yearly it would be,Rs11,000 * 12 months = Rs 1,32,000Now Zerodha/Upstox charge Rs 20/trade for intraday. In Zerodha, brokerage is not based on trade value. For each order they charge Rs20 irrespective of trade value.Hence per day it would be Rs 40 (Rs20 for buy and Rs20 for sell) and for each month it would be 20* Rs40 = Rs 800So per year it is Rs 800 * 12 months = Rs 9,600Hence, traders can save more than 90% of brokerage and indirectly add to their profit#1. Zerodha Demat AccountZerodha is biggest stock broker of India based out of Bangalore. They are the first to introduce discount brokerage concept in India.Myself opened account with them in 2012 just to try out. Initially I did not park much of my money as I was concerned about safety of my money.It was the case with most of the traders at that time. But Zerodha built their reputation over the time. People started accepting them gradually.Today they have even overtaken the most reputed and well established names such as Sharekhan and ICICI Direct to become No.1 in India.Best part of Zerodha is they don’t charge brokerage for delivery based trades. For intraday and derivative trading they charges Rs 20/executed order.Their main business comes from derivatives (Future and Options) segment. As part of statergy they waived off delivery brokerage to attract more customers. Hence, Zerodha offers Zero brokerage demat account for all investments.But only drawback I found was of not

And if you fail to utilize that much brokerage, the remaining amount get lapse.Advance FeeDelivery BrokerageIntraday BrokerageRs 5,000039%0.040%Rs 10,0000.29%0.035%Rs 50,0000.19%0.030%Rs 2,00,0000.12%0.015%Kotak Securities Demat Account Opening and AMC Charges:Trading Account Opening Charges : Rs 750Demat Account Maintenance Charges : Rs 50 per monthPros of Kotak Securities Demat Account:They offer 3-in-1 demat account which enables seamless transfer of fundsAll investment avenues under one roofAbove par trading terminals and also provision for traders with slow internet connectionOnline chat facility with support teamCons of Kotak Securities Demat Account:No support for commodity segmentBrokerage charges are high even when compared to other full service brokersCheck out complete details of Kotak Securities and their products & services here.Final Thoughts about Best Demat Account in India:As there is no one-size-fits all solution to any problem of the world, there is no single demat account which I can say best for everyone. Each would have different requirements, some may be beginners and some are not so.So which broker is best for demat account in India?As far as I am concerned, Zerodha provides best demat account in india. I have switched from Sharekhan to Zerodha in year 2012 itself.After analysing various broker and trading with them, I’m prestty satisfied with the service of Zerodha .I have penned down my thoughts on why I love to use Zerodha in this article.I have tried to compile most of the information about India’s top demat accounts for 2024. However do your own research before taking any decision.Also don’t forget to check with respective brokers if there any changes in the brokerage structure compared to what I have mentioned here.If you think the above list needs to be revised by including or excluding any other best demat account in India, please let me know through comments. Also mention why do you think so.But without