Zerodha Review 2020

Rated 4.5/5 by Top Share Brokers Team
Zerodha Review

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Zerodha with a unique name and meaning, Zero + rodha (Barrier in English) is emerging as the single largest discount broker in India. The reason Zerodha becoming the most popular broker is due to providing "the best online trading platform in India", "low brokerage and high exposure", "free direct mutual fund investment platform" and "efficient customer support."

In just a short span of time (9+ years) Zerodha top the list to become the number one share broker in India in terms of active clients. Zerodha offerings and support is growing day by day and the best in class.

The main investing activities offered by Zerodha are trading in equity, equity F&O, commodity, currency on NSE, BSE, MCX and MCX-SX and investment in Direct Mutual Funds through SIP and lump-sum, ETFs, Government securities, and bonds.

Zerodha offers free trading in equity delivery and charges a low brokerage of Rs 20 or .01% whichever is lower for trading in equity Intraday, F&O, currency, and commodity.

The Demat services provided are of being a DP of CDSL. Additionally, there is NRI trading facility at Rs 200 or .1% per order whichever is lower for equity delivery and Rs 100 per order for equity F&O.

Zerodha Mutual Fund Investment

    This is the first broker in India to offer a Direct Mutual Fund investment facility to its customers for free. The scheme is offered by their online platform called "COIN" (coin.zerodha.com").

    In this, you can invest in direct mutual fund schemes that give you better returns compared to regular mutual fund schemes.

    Basically, there is no commission going to the brokerage house from your mutual fund investment.

Zerodha Account Opening Process and 3-in-1 Account

    You can instant open account with them with your Aadhar card. The benefits of 3-in-1 account is offered in tie-up with IDFC First bank in the form of Zerodha-IDFC FIRST Bank 3-in-1 account.

    The modus operandi of the account – a single account inclusive of trading, DEMAT and bank account for seamless and hassle-free online banking and investing experience. It has now become the trading and self-clearing member to give clients the benefit of no clearing charges. Moreover, Zerodha provides cover order and bracket order (CO/BO) with trailing stop loss feature for equity and F&O.

Zerodha Marketing Strategy

    Zerodha Reward programs like a 60-day challenge, refer a friend and Get an Affiliate link gives you an opportunity to get some rewards. You can have the most advanced and in-house trading platforms across desktop, web and mobile app of them.

    Kite 3.0 is their in-house, state-of-art web-based trading platform also available in the mobile app.

    PI is the advance feature-rich software-based trading platform of Zerodha.

    They also offer third-party plug-in tools like Smallcase, Sensibull, Streak, StockReports+ for that extra support. These are the paid services though.

    Investment options for Buyback, IPO, FPO and OFS (Offer for sale) are available online with Zerodha which is making Zerodha not only a broker but also as aFinTechCompany.

Zerodha Customer Support and Learning Information

    Zerodha offer customer support in all possible ways and efficiently. You can contact their team by the below mediums:

    1. Console - It is a back office portal of Zerodha for viewing your portfolio holdings, P&L and contract notes. It is a central reporting and trading dashboard of Zerodha to place withdrawal request and view account statements. It can be accessed directly from Kite. Available at “https://console.zerodha.com”.
    2. Zerodha support portal - Users can create a direct ticket on Zerodha Support Portal. There is a FAQ bank on most of the topics and to further ask a question you need to select a relevant topic or FAQ. Available at “https://support.zerodha.com”.
    3. Zerodha Varsity - Free, online, interactive education module on investing and trading by experts. Available at "https://zerodha.com/varsity/". Now Varsity is also available in mobile app with relevant exams.
    4. z-connect - Blog for announcing all the updates by Zerodha. Available at "https://zerodha.com/z-connect/".
    5. TradingQ&A - Active trading forum to discuss any and all topics related to trading, stock market, Zerodha products and platforms supported through participation by users of Zerodha. Available at http://tradingqna.com
    6. YouTube channel - Video channel on YouTube to view all the videos related to Zerodha. Available at "https://www.youtube.com/user/zerodhaonline.

Zerodha Office Locations

    Compared to other discount brokers, there are 22 branch offices, 94 partner offices, and 6 Zerodha support + call & trade offices.

    Below mentioned is Zerodha head office address:

    Zerodha, #153/154,
    4th Cross, J.P Nagar 4th Phase,
    Opp. Clarence Public School,
    Bengaluru - 560078

Review Summary

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 investors.


Benefits

  • ₹0 equity investments (Free Trading). Flat ₹20 Intraday and F&O trades.
  • No minimum balance required for account opening.
  • Direct Mutual Fund Investment for free with Zerodha Coin. >>Detail
  • 3-in-1 Account offered in tie-up with IDFC First Bank. >>Detail
  • Free fund transfer using UPI (Unified Payments Interface).
  • Instant account Opening linked with AADHAAR. For trading only account, no paperwork, for demat and nominee declaration you need to sign POA forms and submit via courier. Step by step guide.
  • Margin against shares (MAS) over approved securities and ETFs available for trading in equity and currency F&O segment.
  • Innovative and unique trading tools – SPAN Calculator, algoZ, Option Strategy, Market Monitor, etc.
  • First discount broker providing NRI services. >>Detail
  • Sensibull Options Strategy platform by Zerodha. >>Detail
  • StockReports+ - Research Report from Thomson Reuters available with Zerodha on paid basis.
  • Invest in Government Securities, Bonds and T-bills through Zerodha Coin. >>Detail
  • Zerodha being self-clearing member so no clearing charges applied.
  • 1+ million clients. 10% of daily retail trading volumes across NSE, BSE, MCX. Number #1 broker in India in terms of active clients.
  • Zerodha PI is the most advanced trading platform introduced by Zerodha. >>Detail
  • Zerodha KITE 3.0, is a lightweight, low bandwidth, multi-language web based trading platform. >>Detail
  • Does provides facility to online invest in IPO via Zerodha Kite. Step by step guide.
  • Zerodha E-Mandates - Mutual Fund SIP with automated recurring fund transfer in your trading/MF account.>>Detail

Considerations

  • Call and trade is not free.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

Special Offer

Free delivery Trading - Zero Brokerage, Direct Mutual Fund Investment on Zero Cost. Open Account online. 3-in-1 Account with IDFC Bank. Sign up now

Request call back from Zerodha

Zerodha Investment Options Compare

Here we are comparing Zerodha with its 5 close competitors on investment options.

Broker Zerodha Sharekhan 5paisa Upstox SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds Yes Yes Yes Yes No
MF SIP Yes Yes Yes No No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance No Yes Yes No No

Zerodha Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 4.5/5

Zerodha Account Opening Charges

      »»  Trading Account Opening Charges: Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity
      »»  Trading Account AMC: Free
      »»  Demat Account Opening Charges: Free
      »»  Demat Account AMC: Rs 300 PA

Zerodha Brokerage

As Zerodha started the new concept of discount share broking in the Indian share market, you can save 80 to 90% on brokerage with them.

Their brokerage rates are super cheap as compared to full-service brokers and very competitive among its nearby discount share brokers.

Zerodha entered in a new concept of brokers as a Free Broker by introducing Equity Delivery Trades @₹0 brokerages.

For Equity Intraday, F&O, Currency, and Commodity trading ₹20 or 0.01% whichever is lower, so you pay max ₹20 per trade.

Zerodha’s ₹20 Plan is equal to Upstox (₹20), Fyers (₹20), SAMCO (₹20), 5paisa (₹20) while slightly more expensive than TradeSmart (₹15) and SASOnline (₹9).

Benefits

  1. No limit on the volume of trade.
  2. BTST orders come under-delivery trade, so no need to pay any brokerage.
  3. No minimum brokerage charges.
  4. Pay as you go brokerage model. No prepaid monthly plans.
  5. GTC order are offered in form of GTT (Good till Trigger).

Considerations

  1. Competitors are offering lower brokerage plan.
  2. Doesn't have monthly plans or unlimited plan.
  3. Equity SIP is not available, which is market demand. With such low brokerage or zero delivery brokerage, customer can enjoy their regular investment through Equity SIP.

Other Charges

  1. Call and Trade feature is available at an extra cost of ₹20 per call.
  2. Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at an additional charge of ₹20 per contract + courier charges.
  3. Instant payment gateway charges for over 30+ banks @ ₹9 per fund transfer + GST.
  4. ₹20 per executed order for Intraday positions using MIS /CO/ BO squared off by the RMS team.
  5. DP charges for delivery based equity selling at ₹8 + ₹5.5 = ₹13.50 per transaction.
  6. ₹20 + GST charged for buyback, takeover, delisting orders placed through Console. ₹100 + GST if the orders placed manually.
  7. ₹20 plus GST charges per order for Buyback, OFS, NFO, and FFO orders.

Zerodha Account types

Let’s discuss in detail about the type of account offered by Zerodha.

  1. Zerodha Trading Account

    Zerodha offers an online trading account to trade in stocks, derivatives, indices, and currencies on NSE and BSE. Trading can be done through the software-based platform, web based platform or a mobile application and Call & Trade option. All settlements on a Trading Account happens on T+1 day. There is no Annual Maintenance charges (AMC) for Trading Account. The account opening fees is ₹300.

  2. Zerodha Demat Account

    You need a Demat Account only to trade in delivery based equity trading. The shares will show up in your Demat Account only on T+2 day. You don't need a Demat Account if you are trading in F & O whether you're an intraday trader or a positional (overnight) trader. Demat Account opening charges are ₹100 and AMC is ₹300.

  3. Zerodha Commodity Account

    You can only trade in Commodity Future on MCX exchange with Zerodha. There are no Annual Maintenance charges for your Commodity Account at Zerodha. Only futures trade on MCX and hence there is no need for a Demat Account for trading Commodities. Commodity Options have still not started in India. Account opening charges for commodity trading is ₹300.

For complete brokerage charges and trading plans detail please visit Zerodha Brokerage Charges.

Zerodha with closest competitors

Here we are comparing Zerodha with its 5 close competitors, who are currently market leader in brokerage industry.

Broker Zerodha Sharekhan 5paisa Upstox SAMCO
Service Type Discount Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 20 0.1 to 0.5% Rs 20 Rs 20 Rs 20
Account Type 2 in 1 2 in 1 2 in 1 2 in 1 2 in 1
Equity Delivery Free 0.5% or 50 paisa Flat Fee Rs 20 Free 0.2% or Rs 20 whichever is lower
Equity Intraday 0.01% or Rs 20 whichever is lower 0.1% or 10 paisa Flat Fee Rs 20 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures 0.01% or Rs 20 whichever is lower 0.1% or 10 paisa Flat Fee Rs 20 Flat Fee Rs 20 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Flat Fee Rs 20 0.1% or 10 paisa Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.01% or Rs 20 whichever is lower 0.1% or 10 paisa Flat Fee Rs 20 Flat Fee Rs 20 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Rating

Please refer unique and accurate Zerodha Brokerage Calculator


Zerodha Margin Details


Open Trading and Demat Account with Zerodha

To open a Trading/Demat account with Zerodha, leave your contact information with us and we will guide you.

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Zerodha Trading Platform and Tools

Trading Platforms Rated 4.5/5

    Zerodha has the most advanced, sleek and intuitive trading platforms for all types of customers. They have desktop-based trading software, web-based trading terminal and Mobile app for Android and iOS smartphones.

    1. Zerodha PI (Desktop Trading Platform)

      This is the advanced desktop trading software by Zerodha to minimize all the barriers in smooth trading. This is a downloadable version of trading software and needs admin access to setup on your windows machine. Zerodha PI has all the features one needs in a trading platform. It is available for free.

      Further Reading: Detail Review of Zerodha PI

    2. Zerodha KITE Mobile App and Web Trading Platform

      KITE 3.0 is a lightweight, low bandwidth, multi-language, Integrated, easy to use, Informational and committed web based and mobile app from Zerodha. Kite is an in-house developed product from Zerodha and has the most tech-focused mobile offering. We rated Kite as “the Best Trading App”.

      Further Reading: Detail Review of Zerodha kite 3.0

      Benefits Offered

      1. Kite mobile app for android and IOS users serves both casual investors as well as the feature-hungry active traders.
      2. The combination of effective design and advanced trader functionality makes Kite as the best-used app.
      3. Integrated fund transfer with 30+ banks.
      4. Advance charts with 100+ indicators, 6 different chart types, 19 drawing tools, Open Interest (OI).
      5. Browser Notification and Mobile Alerts.
      6. Advance Order type – Cover Order, Bracket Order, AMO and Stop Loss Orders.
      7. Zerodha is providing a plug-in option for Automatic Trading with AmiBroker (Advance technical analysis and charting platform). Through this, a trader can directly trade from AmiBroker software in the semi-automated or fully-automated way based on his own strategies.

      Considerations

      1. VTC (Valid Till Cancelled) and GTD (Good Till Date) orders are missing. In such a case, you need to log in every day and place your orders which you want to execute on some specific price value. However, Zerodha Started GTT Order which can be used as GTD.
      2. The broker should send reminders for special events of your holdings like buyback, OFS, dividend, merger and so on. It can be shown on your watch list, email or through notification.
    3. Zerodha Coin Mutual Fund Investment - web-based and mobile app

      Coin.zerodha.com is the web-based online mutual fund investment platform by Zerodha. It is a commission-free platform to invest in Direct Mutual Funds. Zerodha has launched a new Mobile App too for mutual fund investments called Coin Mobile. This app has full features to buy, sell funds of your choice. You can create, update or hold SIP as per your financial goals. It has direct mutual fund investment option from 31 AMC for 3000+ funds.

      Limitation of Coin - You must have to transfer fund in your Mutual Fund account well in advance. So in case you have SIP plans, you must have to make sure fund is available in your Zerodha mutual fund account. You can do payment gateway transfer or set a recurring payment via your bank (NEFT/RTGS) to your Zerodha Mutual Fund account. Zerodha application doesn’t go directly to your bank account and withdraw the amount for your SIP. Where if you have ICICI Bank or HDFC Bank Mutual Fund SIP, they go directly to your bank account and withdraw the funds. This is a small limitation and can be handled by setting up a recurring payment option with your net banking.

      Further Reading: Direct Mutual Fund Investment by Zerodha

    4. Sentinel

      It is a price alert tool from Zerodha to set alerts for 80,000+ stocks, bonds, commodities, F&O contracts, and currencies across exchanges on OHLC, bids, and offers, and more, in addition to the price. Advance alerts can also be created that combine multiple triggers using simple, easy-to-use operators. The alerts are sent on email and Kite web.

    Partner Products of Zerodha

    These are the products designed by third parties and has a tie-up with Zerodha to give access to their products and platforms to the users of Zerodha. These are paid services and can be integrated with Zerodha Kite platform.

    • Smallcase

      Powered by Kite Connect APIs, smallcase is the thematic investment platform by Zerodha to let users invest in intelligently weighted baskets of stocks with a single click. A smallcase has a minimum of 2 and maximum of 50 securities. The securities are chosen based on ideas, themes or strategies in a specified weightage scheme. SIP facility is also available for smallcase thematic investment.

    • Streak

      Streak is the web-based cloud server Algo-trading platform by Zerodha to create, backtest and deploy trading algorithms live in the market without coding. One can track the market real-time, actionable alerts and manage positions on the go.

    • Sensibull

      Sensibull is the options trading platform, to choose from the suggested strategies or create your own custom strategies to trade your view. It also shows the comparison between various strategies to choose the best fit for you, visualize your trade’s profit and loss under various scenarios and allows to place orders using Zerodha Kite platform.

    • StockReports+

      It is a comprehensive research and analysis report by Thomson Reuters on stocks, market, and industry. It covers stock analysis and rating on 3000+ Indian stocks, Industry rankings and ratings, industry and sectoral analysis and in-depth insights of over 1500 Indian companies.

    For detail review of mobile app and download please visit Zerodha Trading Platform Review.

Zerodha Trading Platform Compare

Here we are comparing Zerodha with its 5 close competitors on Trading Platform.

Broker Zerodha Sharekhan 5paisa Upstox SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac No No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) Yes Yes Yes Yes No
iPad App Yes Yes Yes Yes No
Mobile Site Yes Yes Yes Yes Yes

Final thought about Zerodha

Rated 4.5/5 by 154 users

Zerodha is a well-respected share broker with a great offering. Zerodha has 1.2 + million [Dec 2019] satisfied customers leading it to India's one of the best discount share broker houses. Customer service is a top-notch and clients have access to well-known share brokerage platforms and tools. First time in India a brokerage house started Direct Mutual Funds investment. The strong management team gives you more confidence and support in trading. For those who want to take advantage of the latest technologies will find Zerodha to be a great fit.

Latest Updates from Zerodha:

3rd Jan 2020: SEBI has introduced new margin policy for Intraday Margin. With the new changes SPAN + Exposure for F&O, and VaR + ELM for equity, has to be collected upfront before taking a trade. This is now compulsory for Intraday Trades (MIS, BO and CO).

16th Dec 2019: Same-day fund withdrawals – From 16th Dec 2019 onwards, NEFT facility is available 24X7, all week days. With that funds withdraw from your Zerodha account to your bank account on the same day, any day of the week. Previously you must have to wait for bank holidays and weekend.

9th Dec 2019: Change in Account opening charges effective from 9th Dec 2019 4:45 PM. New account opening charges – For Online Trading and Demat (T&D) Account – Rs 200, Trading, Demat and Commodity Account – Rs 300. For Offline account Trading and Demat (T&D) Account – Rs 400, Trading, Demat and Commodity Account – Rs 600.

16th Sep 2019: For your Mutual Fund SIP, Zerodha started recurring fund transfer facility. You can set up this process via Net Banking or Debit Card transaction. The feature is named as "e-Mandate".

5th Aug 2019: You can apply online IPO with Zerodha Consol. With recent change in IPO application, now you need to use UPI mode of payment for IPO application. You can apply online in IPO with Zerodha back office application “consol”.

22nd Mar 2019: Zerodha moving from 3rd party clearing member to self-clearing member under Zerodha Broking Ltd, with that no professional clearing Member(PCM) charges will be charged on futures and options premium. Exchange transaction charges for Futures will be Rs 190 per Cr and Option premium is Rs 5000 per Cr, which was Rs 210 per Cr and 5200 per Cr previously.

23rd Feb 2019: Second level authentication on Zerodha Kite is with 6 digit pin. Previously it was with a personal question based, now it will be more faster to log in on Kite.

Jan 2019: Zerodha started offering a 3-in-1 account with IDFC First Bank.

Jan 2019: Zerodha broke the barrier and become the number one share broker in India in terms of Active Clients. Zerodha started its operation in Aug 2010, and become the number one broker in India in just 8 years.

16th Oct 2018: Investment option open to investing in Government Securities (Bonds and T-bills) by retail Investors through Zerodha Coin.

19th Sep 2018: To open a Commodity account, you need to open a trading + commodity account. Now you can’t open only Commodity Account. This is to make all internal system work more effectively and give you a single view of your portfolio.

12th Sep 2018: Zerodha announces its collaboration with Thomson Reuters for advance research reports named StockReports+. Even though this service is paid service, but the price tie-up between Zerodha and Thomson Return is a really amazing deal for Indian Investor. Available in 3 easy plan Rs 150 PM, Rs 850 - 6 Months and Rs 1440 Yearly plan.

24th Aug 2018: Investment in Direct Mutual Fund with Zerodha is completely FREE. Previously Zerodha was charging Rs 50 PM for investment above Rs 25,000. Now they make this completely free for Zerodha clients.

28th July 2018: ELSS (Tax Saving Direct Mutual Funds) are free to invest. Zerodha was charging Rs 50 PM if your MF investment is more than 25,000 Rs. With new changes, you can invest in ELSS for free even though your investment goes above 25,000 Rs.

24th July 2018: 3rd Party Demat accounts linking with Zerodha Trading account are not accepted. This is because of the accountability point of view. With this, Zerodha will accept only Zerodha Demat account. If you have any Demat account with any other service provider, you need to move to Zerodha Demat service.

If you like what you have read and want to open an trading and demat account with Zerodha, leave your contact information with us and we will guide you.

Last updated on 2020-01-23


Zerodha FAQs

  1. 1 .How the Zerodha charges its clients?

    If you deal in equity delivery based trades, then nil fees are applicable to your trading. However, if you start trading in equity intraday, F&O, Currency and Commodities, then you have to pay 0.01% or Rs.20 – the lowest amount will be applicable.

    Discuss this question

  2. 2 .Can Zerodha be used for mutual funds investment?

    Yes. The buying and selling of mutual funds are available on Zerodha’s platform. This activity can be performed, without any cost, with the assistance of Coin, an in-house built mutual fund investment platform from the Zerodha.

    The key benefit of Zerodha Coin is it offers only Direct Mutual Funds, so you don't have to pay any commission to broker or middle man. Expense ratio for direct mutual funds is always low in comparison to regular funds. With that, you will have more profit on your investment.

    On this platform, you can trade only mutual funds and not any other asset class. You can choose from a number of mutual fund houses like ICICI Prudential, AXA, and HSBC, etc.

    Discuss this question

  3. 3 .Can I refer Zerodha to my family and friends?

    Yes, anybody from your family and friends group can join Zerodha. All you have to do is to provide vital information such as name, email ID and mobile number of the person to be contacted in the Console option. Then, one of the sales managers will call that referral and help them in opening an account with Zerodha. You will get rewards for this activity if the referred person comes on board.

    Discuss this question

  4. 4 .What is Smallcase in Zerodha?

    Smallcase is developed as the pioneer in a thematic investing platform for Indian investors.

    Discuss this question

  5. 5 . I want to link another bank account with Zerodha. Can I do this?

    There is a facility provided by which you can easily change your bank account with Zerodha. You can change your Primary Bank account or add secondary bank account with your Zerodha Trading Account. Fund withdrawal will perform always with your Primary Bank Account.  However, this activity is not free; you have to pay Rs 25 + GST for the required modification.

    You have to present the following documents for this:

    1. Personalized Cancelled cheque (name printed on the cheque leaf)
    2. Bank statement (with IFSC Code and MICR No.)
    3. Bank Passbook statement

    Note: Points 2 & 3 have to be self-attested.

    You can download the bank modification form from here: >> Link

    Discuss this question

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Find out how Zerodha stacks up against other brokers

Zerodha User Reviews

avatar
120. Vinay Jain 12/10/2019 3:47:10 PM Reply
As per RBI new circular regarding NEFT transaction 24*7, Zerodha has decided to Fund Payout request all 7 days a week. Previously it was only on bank working days.

Still the fund payout will be happened once in a day, as there is some limitation. Broker need to close all the open positions and after that only fund payout request process start.
avatar
119. Zerodha User 11/13/2019 11:53:50 AM Reply
Zerodha has decided to sunset NEST as there trading terminal, as Kite is more stable and well advance. Only a few traders are using NEST and that is an extra cost and potential security concerns.
In case you use NEST as a trading terminal, switch to Kite.
avatar
118. Kalyan Rao 10/16/2019 7:27:49 AM Reply
Fund addition or withdrawal requests are not processed even in three to four attempts . And the zer0dha team evev dont give any reason for that .
avatar
117. Vanlalfela Ralte 10/9/2019 11:49:36 AM Reply
zerodha, wow, you did it again, i sale sunpharma at 378 at a stoploss of 381 at 10:01:37 am, then miracle happen, at 10:04:25 it hit my stoploss, the great thing about zerodha kite is, there is no buyers or saler at this rate in market depht nor the candle does not even touch my stop loss, we under stand you make money out of us, but this is cheating, you know i wont go to consumer forum out of this small money, but let you know its very cheap, cheap, cheap. soo cheap.
avatar
116. Ashish Jain 9/28/2019 9:51:04 AM Reply
Congrats Team Zerodha to start online mutual fund investment with consol. This is going to be a big win for IPO investors.
avatar
115. SANJIT KUMAR 8/9/2019 9:44:03 PM Reply
in margin calculator is not show hedging benefit of margin requirement.
avatar
114. Mukesh 7/26/2019 6:41:44 PM Reply
Zerodha online stock brokers contact number no
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113. dharmendra 5/9/2019 4:21:45 PM Reply
The account is still to open, they need pin code on address proof, this is old address proof given by government, not sure they have weird policies, when asked for refund they refused. this is like worst. please check before opening account. the customer care service is not friendly

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
112. Nataraja Upadhya 4/30/2019 8:24:49 PM Reply
Zerodha has utter disregard in protecting customer interests. Here is an example.

Though the trader has margin money, it sets the order type as MIS just because the previous order happens to be so. Such orders are accepted without warning or reconfirmation. Without alerting the gullible trader, such orders are simply squared off in the market at market at 3.20. The F&O orders with MIS type going in as default causes havoc and heavy losses to the customer.
When I brought this loss and stupidity of the ordering system to Zerodha system, the answer was quite insensitive, saying the system is designed so, and the customer should be aware of avoiding such death traps.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
111. Vijendra Yadav 4/5/2019 5:55:45 PM Reply
Hii
Vijendra Yadav from Jorhat Assam. I want to open Demat Account in your firm. Half of the process has been done but rest couldn''t be able to complete. So please provide help me by your company person ASAP. Because payment has been done but not successfully.
avatar
111.1. Sachin D 4/27/2019 1:59:26 PM
Please contact Zerodha Support team for this issue. As this is an account opening related issue no one is this forum can help you offline.

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