Posted on 16th Mar 2016
Rated 4.5/5 based on 41 customer reviews
Here is the reasons why you should open an account with Zerodha:
Zerodha is one the fastest growing discount Broker in India. From 15,000 customers in 2012, 96,000 customers as of Dec 2015, 600,000 active customers as of Dec 2018, the number is grown significantly.
Nothing can be more cheaper than trading for Free.Zerodha has made trading in Equity Delivery completely free. For all other trades they charge one same fee of 0.01% or Rs 20 per executed order, whichever is lower, regardless of the trade size. No minimum Brokerage, no software charges, no subscription fee and no minimum amount balance required to open an account with Zerodha.
For Intraday trades, Zerodha gives 5 times exposure for most of the stocks. 5-20 times margin is allowed for stocks that are traded in F&O.
For Future trades, Zerodha let clients take positions for Intraday with 40% of the SPAN + Exposure Margins.
No Margin is offered for option trades. No margin is given for delivery trades.
With Cover Orders (CO) and Bracket Orders (BO) - Clintes can get up to 33 x margin, depend on stop loss limit.
So with Zerodha is giving best margin in Industry. CO/BO are the key order types for traders with high leverages.
They have excellent customer support over phone, email and onsite feedback by posting your queries and you get feedback on it.
Call and Trade facility from 9:00 AM to 11:55 PM.
Z-Connect, an interactive blog for all the updates, queries, news and all the things related to market.
Varsity - Notes on Indian Capital Market explained with examples.
Branches in 21 cities and 69 partner offices.
Referral Program One month free service of any paid service offered by Zerodha.
With Zerodha, you get India's best trading technology in your hand.
Zerodha Kite: Minimilastic, intuitive, responsive web based trading platform Kite.Zerodha PI : Trading, charting, and analysis, all rolled into one next generation desktop platform Pi.
Zerodha Q and Quant : The next generation backoffice, reporting, and analytics suite.
Innovative and unique trading tools - SPAN Calculator, Bracket orders & Trailing Stoploss, Market Intel, algoZ, Option Strategy, Market Monitor etc.