Zerodha Vs MDirect

Here we present 1 on 1 comparison of Zerodha vs MDirect share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared Zerodha vs MDirect's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share Market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.

Compare Zerodha vs MDirect - Broker type and exchange supported
  Zerodha MDirect
 
Zerodha Logo MDirect Logo
Broker Overview With high-class technology, unique trading tools and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inve... Know more about Zerodha MDirect, a Discount Broker providing customers trading across all segments augmented with research reports, daily newsletters through email or SMS at simple and inexpensive price.
Broker Type Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX-SX and MCX BSE,NSE,MCX,NCDEX,MSEI
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with MDirect. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare Zerodha vs MDirect - Trading and Demat Account Charges
  Zerodha MDirect
Trading Account Opening Fees Rs 200 for self printed or Rs 300 courier form Rs 500
Trading AMC NIL Nil
Demat Account Opening Fees Rs 100 Rs 200
Demat AMC Rs 300 RS 400/p.a - Waived for 1st year
Own DP Service Yes Yes
Expand

About Brokerage Plans

Compare Zerodha vs MDirect - Plan Options
  Zerodha MDirect
Monthly Plans No No
Yearly Plans No No
Expand

Contact Broker / Request A Call Back

  Zerodha MDirect
Contact / Request Call Back
Expand

Brokerage Charges

Compare Zerodha vs MDirect - Brokerage Charges
  Zerodha MDirect
Plan Name 20 Rs per executed order Rs 18 Per Trader Plan
Plan Description 20 Rs flat plan from Zerodha is same for intraday, F&O equity, commodity and currency on NSE,BSE,MCX & MCX-SX. No upfront brokerage or turnover commitments on your trade. 20 Rs is Maximum you need to pay for per executable order, so charges can be less as .01% (intraday equity & futures) whichever is lower.Now Equity Delivery is Free with Zerodha. Flat Rs 18 Per Trader Plan.
Equity Delivery Free Rs 18 per executed order
Equity Intraday Rs 20 Rs 18 or 0.01 % whichever is lower
Equity Futures Rs 20 Rs 18 per executed order
Equity Options Rs 20 Rs 18 per executed order
Currency Futures Rs 20 Rs 18 per executed order
Currency Options Rs 20 Rs 18 per executed order
Commodity Trading Rs 20 Rs 18 per executed order
Minimum Brokerage NIL
Brokerage Calculator Bro Calc for zerodha Bro Calc for mdirect
Expand

Share Broker's Transaction/Turnover Charges

Compare Zerodha vs MDirect - Transaction/Turnover Charges
  Zerodha MDirect
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 210 Per Cr Rs 350 Per Cr
Equity Options Rs 5300 Per Cr Rs 8000 Per Cr
Currency Futures Rs 135 Per Cr Rs 215 Per Cr
Currency Options Rs 4400 Per Cr Rs 7000 Per Cr
Commodity Non-Agri: 0.0031% | Agri: 0.00175%
Expand

Trading Features

Compare Zerodha vs MDirect - Trading Feature and platform
  Zerodha MDirect
3 in 1 Account No No
Mobile Trading Yes Yes
Charting Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes No
Desktop Trading Platform Zerodha PI Nest Plus
Web Trading Platform Zerodha Kite Mdirect Nest Plus
Mobile Trading Platform Zerodha Kite Mdirect
SAS Online Review - 3.6*  Rs 999 Unlimited Trades
SAS ReviewEnquire Now
RKSV Review - 4* Rs 20 Per executed order
RKSV ReviewEnquire Now
Zerodha Review- Rated 4.5* Rs 20Per executed order
Zerodha ReviewEnquire Now
trade smart onlin review - 3.6*  Rs 15 Per executed order
TSO ReviewEnquire Now

Expand

Broker Ratings by Admin

Compare Zerodha vs MDirect - Rating
  Zerodha MDirect
  131 Customer Reviews    Rate Zerodha Customer Reviews    Rate MDirect
Fees Ratings 4.3
Trading Brokerage Rating 4.6
Trading Platform Usability 3.9
Customer Service Ratings 4.1
Overall Ratings Rated 4.2 stars
Broker Rating Zerodha is Rated 4.2 / 5 based on 131 customer reviews
Expand

Investment Services

Compare Zerodha vs MDirect - Investment Options
  Zerodha MDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds Yes No
Bond / NCD No No
Debt No No
Other Investment Options NA
Expand

Customer Service Offered

Compare Zerodha vs MDirect - Customer Service Offerance
  Zerodha MDirect
24/7 Customer Service No Yes
Email Support Yes Yes
Onine Live Chat No Yes
Phone Support Yes Yes
Toll Free Number No Yes
Through Branches Yes No
Expand

Tips/Research/Reports Published

Compare Zerodha vs MDirect - Research, Tips Reports
  Zerodha MDirect
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

Expand

Special Offers,Advantages,Disadvantages

Compare Zerodha vs MDirect - Special Offers and Promotion
  Zerodha MDirect
Likes
  • Strong customer support.
  • User-friendly Brokerage and margin calculators.
  • least transaction charges and low brokerage plan.
  • The motivation program like "60-days challenge".

More Advantages...

  • In house research reports
  • Workshops/ seminars/ webinars to educate traders.
  • Simple and transparent Pricing.
  • Well researched professional guidance.
  • Multiple Segments and Exchanges on same trading Window.

More Advantages...

Dislikes
  • Doesn't have monthly plans.
  • Call and trade is not free.
  • Doesn't provide facility to invest in IPO.

More Disadvantages...

  • No referral program
  • No advance tools or technology
  • No monthly and yearly plans
  • doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs
  • Margin funding and NRI tradingis not available

More Disadvantages...

Special Offers/Promo

Special offer for TopShareBrokers.com Visitors
Get Rs 100 discount when you open a Zerodha Trading Account through us. Submit your contact information with us and Zerodha representatives will connect with you.

 
Enquire about Zerodha Enquire about MDirect

ProStocks, The Flat Rate Discount Stock Broker

Fix Price - Rs 15 Per Trade


Rs 899/Month,8999/Year for
Equity Cash and F&O

Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

Get FREE Trading + Demat Acct

Zerodha  Zerodha

Free Delivery trading

Flat Rs 20 Per Trade for F&O

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



Search topsharebrokers.com:

Translate topsharebrokers.com: