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Zerodha Review 2022

Rated 4.5 stars Rated 4.5/5 by Top Share Brokers Team
Last updated on: 3-Jun-2022
Zerodha Review
  • Ranked #1 Broker in India(5*)
  • Get 100% Free Delivery Trading
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  • Zerodha Review 2022 - Quick Summary

    Zerodha is the game-changing discount broker with the concept of Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, superfast Zerodha Kite trading platform, and quick & reliable customer service have positioned Zerodha as the country's largest or number 1 discount broker.


    Rated 4.5 stars

    Zerodha Top Highlight for 2022

    • 60 Lakh+ active customer base with over 18% market share.
    • Pioneer of Rs. 20 flat discount brokerage model.
    • Zero Brokerage Delivery Trading.
    • Open Zerodha Trading & Demat Account Instantly online at zero paperwork.
    • First discount broker with a free direct mutual fund platform on Zerodha Coin.
    • Excellent and superfast Zerodha Kite web and app-based online trading platforms.
    • Highly responsive and quick customer service.

    About Zerodha

    Zerodha is the first-ever discount broker that brought a revolution in the Indian brokerage space by launching Rs. 20 flat pricing model for the first time. Started in 2010, and today, Zerodha is the most popular and leading discount brokerage firm in India with above 18% market share. It has topped the best discount brokers list with Rs. 20 flat brokerage pricing model, brokerage-free delivery trading, and zero brokerage investment in direct mutual funds. Zerodha is one of the cheapest discount brokers that charges a lower of Rs. 20 per order or 0.03% on equity intraday, equity derivatives, commodity, and currency trading segments while there is Rs. 0 brokerage fee on investment in stocks.

    Not just the low-cost brokerage trading but also the technologically advanced, superfast, and excellent Kite trading platform with an easy-to-use functionality provides an ultimate unforgettable experience to Zerodha customers. Zerodha Kite platform is available in the browser-enabled website and mobile app versions for Android and iOS devices. The Kite Zerodha platform comes with a complete charting solution for traders by offering 6+ types of charts, multiple chart views, Trade from the chart, 100+ technical indicators, and 19+ drawing tools.

    It is also the first broker that has launched a Free Direct Mutual Fund Platform, “Zerodha Coin” across the web and app. The Coin Platform allows customers to buy and sell thousands of direct schemes for free at zero brokerage or commission charges. It further has a console reporting dashboard and third-party trading tools like Sentinel (price alert tool), Streak Algo trading platform, and Sensibull option strategy platform.

    The broker offers excellent, superior, and reliable customer service across the helpline number, customer support email, and support portal, where customers can raise tickets online to resolve their queries. Scroll down the page to get the Zerodha Review 2022 including an overview of the Zerodha Online Account Opening Process, account opening fee, Zerodha brokerage charges, Trading Platforms, and Mobile App features, and Pros and Cons.

    Zerodha Promotion Offer

    Current promotion offer from Zerodha for TopShareBrokers Visitors:

    • Free Delivery Trading
    • Max Rs. 20 per order brokerage on intraday,F&O,Commodities and Currency
    • Free Direct Mutual Funds and IPO Investment
    • Kite & Coin - Number one Trading platform and Mobile App
    • Open Instant Zerodha Account Now!

    Request call back from Zerodha

    Zerodha Brokerage Plan, Fees and Charges

    Rated 4.5 stars Brokerage and Commission Rated 4.5/5

    Zerodha is the revolutionary name in the Indian brokerage space with a Rs. 20 Flat Brokerage plan. The discount broker has one of the lowest cost pricing models that charge Rs. 20 or 0.03% whichever is lower on intraday trades and offers free investment in the company’s shares at nil fees.

    Zerodha Account Opening Charges

    Trading Account Opening Charges: Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)
    Trading Account AMC: Free
    Demat Account Opening Charges: Free
    Demat Account AMC: Rs 300 PA

    Zerodha Brokerage Plan with closest competitors

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

    Broker Zerodha 5paisa Upstox Fyers Paytm Money
    Service Type Discount Broker Discount Broker Discount Broker Discount Broker Discount Broker
    Brokerage Range Rs 20 Rs 20 Rs 20 Rs 20 Rs 15
    Account Type 3 in 1 2 in 1 3 in 1 2 in 1 2 in 1
    Equity Delivery Free Flat Fee Rs 20 2.5% or Rs 20 whichever is lower Free 2.5% or Rs 15 whichever is lower
    Equity Intraday 0.03% or Rs 20 whichever is lower Flat Fee Rs 20 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
    Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 20 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower 0.02% or Rs 15 whichever is lower
    Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Rs 20 per order Flat Fee Rs 15 per order
    Commodity Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower NA
    Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 20 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower NA
    Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Rs 20 per order NA
    Rating
    Rated 4.5 stars
    Rated 4 stars Rated 4.5 stars Rated 4 stars Rated 4 stars

    Other Charges

    • Call & Trade Charges: Rs 50 Per Executable Order
    • RMS Auto Square Off Charges: Rs 50 Per Executable Order
    • Hidden Charges: No

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

    Please refer unique and accurate Zerodha Brokerage Calculator


    Type of Account offered by Zerodha

    Indian residents, as well as non-resident Indians (NRI), can open an account in Zerodha at Rs. 0 minimum deposit. Here are the details about the types of accounts offered by Zerodha brokerage firm;

    Zerodha Trading Account

      A trading account in Zerodha facilitates users to place buy and sell orders in different segments; equity, equity futures & options, and currency. The discount broker charges no AMC on its trading account. Investment in stocks with Zerodha is Free. Customers can add or transfer funds to the Zerodha trading account using UPI, Net banking, or NEFT/RTGS/IMPS facility. Fund Transfer via UPI in Zerodha is Free but it charges Rs. 9 payment gateway charges on funds transferred via net banking.

    Zerodha Demat Account

      Zerodha is a CDSL depository participant to allow users to open Zerodha Demat Account. The discount broker offers a free Demat account at Rs. 0 charges while Rs. 300 annual maintenance fee is charged on a quarterly basis. All securities like shares and mutual funds purchased will be transferred to the Zerodha Demat Account.

    Zerodha Commodity Trading Account

      Zerodha is a registered MCX trading member to provides commodity derivative trading services to customers. The broker charges Rs. 100 commodity trading account activation fee to enable commodity futures & options trading segment. Zerodha charges Max Rs. 20 per executed order brokerage on MCX trading.

    Zerodha Mutual Fund Account

      Once you have opened Zerodha 2-in-1 account, you will have open access to the Zerodha Coin platform to buy and sell thousands of direct mutual schemes of top AMCs for free at nil brokerage fees. Zerodha mutual fund account is Free and allows customers to start SIP and invest lumpsum money in their choice of the direct mutual fund.

    Zerodha NRI Trading Account

      NRI clients can open a PIS (Portfolio Investment Scheme) or non-PIS NRI Trading & Demat Account in Zerodha. Zerodha’s NRI account can only be opened only offline by submitting the duly filled NRI account opening along with a set of documents to the Zerodha’s head office address. A PIS account requires permission from one of its partner banks; IndusInd, HDFC, IDFC First Bank, Axis, and Yes Bank) whereas a non-PIS account does not require such permission. NRI can link a PIS account to NRE or NRO bank account but a Non-PIS account can only be linked with an NRO account.

      Know more about NRI Trading

    How to open Zerodha Account online?

    Zerodha Account Opening process is a 100% digital, online, and paperless process that allows you to open a Demat cum Trading account instantly within a few minutes.

    Steps to open Zerodha Demat and Trading Account online;

    1. Head to Zerodha Website, and tap on the Sign up Now!
    2. Zerodha Signup: Enter your mobile number and 6-digit OTP to signup.
    3. Enter your name and email ID, and verify it by entering the 6-digit OTP sent to the provided email address.
    4. Now, enter your PAN number, and DOB as per PAN, and proceed.
    5. Pay Zerodha Trading Account Opening fees, equity: Rs. 200 and equity + commodity: Rs. 300.
    6. Sign in to government authorized Digi Locker account to allow Zerodha to automatically fetch your details, and documents online.
    7. Add bank account to Zerodha Trading account by providing the bank account number, and IFSC code.
    8. Read all the instructions and click on the checkbox.
    9. Complete Zerodha in-person verification using webcam by holding a white plain paper with OTP (displayed on screen) written on it.
    10. Upload all documents i.e., PAN card, canceled cheque, Aadhaar card, signature, photo, and income proof that is only required to trade in the derivatives segment.
    11. Digitally sign the Zerodha account opening form by entering the aadhaar card number and the OTP received.

    Note: Once the process is completed, the Zerodha customer service desk will verify all the details and documents. If everything finds appropriate then your Zerodha account will get activated within 24 hours.

  • Free Demat Account
  • 100% Free Delivery Trade
  • Online Account Opening
  • Alternatives to Zerodha

     Demat Account
     Demat Account
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     Demat Account

    Zerodha Mobile App and Trading Platforms

    Rated 4.5 stars Trading Platforms Rated 4.5/5

    Zerodha offers Kite flagship trading platforms to clients across the web and mobile app versions. It also has a dedicated Zerodha Coin mutual fund investment platform.

    1. Zerodha Kite Web

      Kite web by Zerodha is one of the most popular HTML 5-enabled browser-based trading platforms. The lightweight Kite web platform is compatible across all browsers and can be accessed across devices including Laptops, Tablets, Mobile, or Desktop. Zerodha Kite website offers unbeatable ease and convenience to users to trade and invest across equity, derivatives, commodity, and currency segments.

    2. Zerodha Kite App

      Zerodha Kite app is India’s best mobile trading app with easy-to-use functionality, a smart interface, and user-friendliness. The tech-focused Kite app is even able to work on low internet bandwidth and is the best-performing app in terms of speed. Zerodha Kite mobile App has an excellent charting package solution for traders and investors with ChartIQ and TradingView charts, 6+ chart types, Trade from the cart, more than 100 technical indicators, and 19 drawing tools. The Kite app allows customers to trade at their fingertips using their mobile device on Android and iOS systems.

    3. Zerodha Coin Web and App

      The coin is Zerodha’s mutual fund investment platform available in Coin web and Coin mobile app versions. The coin is an absolutely free direct mutual fund platform at zero brokerage, commission, or subscription fee and even provides zero cost redemption facility. The platform offers direct mutual fund schemes of 40+ reputed and popular fund houses including Axis, HDFC, SBI, Mirae, Edelweiss, and Aditya Birla. You can pick your preferred scheme among thousands of schemes + open-ended direct schemes and start SIP or invest lumpsum money in one go. Investing in Direct mutual funds on Coin for free saves upto 1% commission every year.

    4. Zerodha Console Back-office

      Console is Zerodha’s central reporting dashboard that provides access to all the reports including P&L reports, portfolio insights, trade history, fund transfer history, and tax-ready reports. The Console reporting back office allows customers to apply for IPO online using UPI at zero charges. Customers can access the console reporting dashboard by using Kite login credentials.

    5. Zerodha 3rd party- Trading Platforms

      1. Zerodha Sentinel Price Alert tool

      Sentinel by Zerodha is a free price alert engine to allows clients to create an unlimited number of alerts and once it gets triggered, users will be notified instantly. Customers can create simple alerts, complex alerts, longstanding alerts, multi-leg F&O strategies, and equity SIP alerts.

      2. Zerodha Smallcase

      Smallcase in Zerodha is a thematic investment platform to build a long-term diversified portfolio in your choice of investment idea or theme. There are 500+ readymade smallcases available or you can even create a customized smallcase portfolio selecting stocks of your choice.

      3. Zerodha Sensibull

      Zerodha Sensibull is an options trading platform that provides various option trading strategies to traders based on their requirements. Sensibull by Zerodha platform has lots of features like option strategy research, strategy wizard, virtual trading, and custom strategy builder to allow clients to create their strategies.

      4. Zerodha Streak

      Streak by Zerodha is an Algo Trading Platform that performs three functions; create your algo trading strategy, back-testing, and executing the algo strategy on real trades. The Steak algo trading platform does not require sound programming and coding knowledge.

      5. Zerodha Stockreports

      Get comprehensive stock, market, and industry-oriented research reports on 3000+ Indian stocks. The stockreports+ ratings including industry ratings, proprietary ratings, etc. are updated regularly to provide the latest and most realistic research reports.

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


    Zerodha Trading Pros

    • 0 brokerage on delivery trades.
    • Max Rs. 20 brokerage on intraday and F&O trades.
    • Open Zerodha IDFC First 3-in-1 Account (Demat + Trading + IDFC First Bank).
    • Zero brokerage investment in direct mutual funds on Coin.
    • 100% online account opening and account closure facility.
    • Apply for IPO online for Free.
    • Kite superfast and feature-rich web and app trading platform.
    • Zerodha Varsity, a free stock-market learning platform for beginners.
    • Zerodha offers NRI Trading services.
    • Free UPI-based hassle-free fund transfer process.
    • Advanced order placement facility; bracket order, cover order, and after-market order.
    • Zerodha GTT (Good Till Triggered) order feature.
    • Zero minimum deposit.
    • No hidden charges.
    • Zero-level Debt Company.

    Zerodha Trading Cons

    • Zerodha doesn’t offer intraday trading tips, recommendations, research, or advisory facility.
    • High call & trade charges of Rs. 50 per executed order.
    • High auto square off charges of Rs. 50 per executed order.
    • Zerodha does not provide Free Unlimited Monthly Brokerage Plan.
    • The 3-in-1 account opening facility is only available with IDFC First Bank.
    • Zerodha only offers NSE SME IPO, IPO that will list on the BSE SME platform are not available.

    Zerodha Customer Care info

    Zerodha Helpdesk provides reliable and trustworthy customer services for account opening issues, account charges related issues, and customer grievances. The discount broker offers customer services across all channels including email support, customer care helpline number, and raising tickets online.


    Final thought about Zerodha

    Rated 4.5 stars Rated 4.5/5 by 159 users

    Open Zerodha Account now and start hassle-free online trading and investing journey with India’s best broker with the best trading platforms and the best brokerage charges. The low-cost brokerage fee, easy-to-use trading platform, and varsity free stock market education platform make Zerodha an excellent broker for beginners. Further, Zerodha is the top-recommended broker to start investing in direct mutual fund schemes at Rs. 0 investment and redemption charges.

    Request call back from Zerodha

    Last updated on: 2022-06-02

    Zerodha FAQs

    All the equity delivery trades through Zerodha are absolutely free. Zero brokerage for any equity delivery. For all equity intraday trades, the brokerage charge is taken as 0.03% or Rs 20 whichever is lower.

    The same charge rate is also applicable for Futures and Options (Both intraday and Overnight trades). Here is a list below.

    • 0 Brokerage- On all equity delivery trades
    • 03% or Flat Rs. 20 Brokerage - On all Futures and options along with equity, currency, and commodity trades.
    • 0 Commission- For investing in Mutual funds through COIN Zerodha.

    You can also refer to the list of charges given by Zerodha here. They also provide a Brokerage Calculator that can be used to calculate the brokerage charge upfront.

     

     

    Yes, Zerodha provides the free Mutual fund investing platform called “COIN”. You can choose any mutual fund to invest in out of thousands of Mutual funds. The best thing is they provide direct mutual funds which are always cheaper than any Regular Mutual fund.

    In a regular Mutual fund, you have to pay a higher expense ratio because of the involvement of distributors. In a Direct mutual fund, there is no middle man distributor commission and orders directly go to the AMC, so a low expense ratio.

    You can invest in mutual funds categories such as equity, debt, liquid, Hybrid funds, Fund of Funds, and Index funds through COIN-Zerodha.

     

     

    Yes, you can add another secondary bank account to Zerodha through the online bank addition process. Through a secondary bank, you will be able to add funds but not withdraw them to the secondary bank. The withdrawal amount is always credited to your Primary bank account.

    To add the bank online, follow the below-mentioned steps.

    • Visit zerodha.com/account/bank
    • In the console Account section, click on “Bank”.
    • Click on ”Add bank account”.
    • Enter the Account number and IFSC code details.
    • Then choose the email id or mobile number to receive the OTP.
    • Once you enter the OTP, click on “verify”.

    Your new bank account will be added in 48 working hours.

     

     

    You can change your primary bank account as well as add a secondary bank account through Zerodha via online mode.

    To change your bank follow the below steps.

    • Visit zerodha.com/account/bank.
    • Or you can click on “Bank” in the Account section.
    • To change your Primary bank account you can click on the “Modify bank account option” which shows as a pencil option.
    • To add a secondary bank account, you have to choose the” Add bank account” option.
    • While changing the primary bank account, enter the account number, and IFSC code, and proceed to esign.
    • Once the esign is done by verifying the OTP, the change request will be sent to Zerodha.

    The bank will be changed within 48 working hours of submitting the request.

     

     

    You have to change your registered bank account offline if you fall into the below three categories.

    • If your Zerodha account is not linked to Aadhaar.
    • If you are a secondary holder in your Bank account.
    • If you are adding a non-individual account. (Corporate/HUF/Partnership) account.

    To change the bank account in such a case you have to send the Account Modification Form along with any of the below documents.

    • Personalized Cancelled cheque
    • Bank statement (self-attested copy)
    • Bank Passbook statement (self-attested copy)

    Account Modification Form can be downloaded from this link.

     

     

    Yes, you can convert all your equity MIS/intraday positions to CNC/Long term. The position will be carried forward after you place the conversion request.

    You have to maintain sufficient margins for the conversion, or you can convert partially. Only buy MIS positions can be converted to CNC, fresh short-sold positions can’t be carried forward in the equity segment.

    To convert MIS to CNC, open the “positions” tab, click on the “options” then click on Convert.

     

     

    When you buy any shares, it takes two working days to settle at the exchange. Until the stock is settled at the exchange it shows in T1/T2 holding.

    You can sell the stocks while they are on the T1 or T2 settlement day. You have to go to holdings, click on exit and then click on sell.

    However, for some stocks, BTST (Buy today and Sell tomorrow) feature is not available, when they fall into the trade-to-trade category or ASM/GSM stage.

    • ASM (Additional surveillance measures)
    • GSM (Graded surveillance measures)

     

     

    Generally, the hacking of your Zerodha account is impossible if you don’t share your login credentials with anyone else.

    To login into Zerodha, you have to enter the user name- password- Pin. So it is secure if you don’t share the password and pin with any near one.

    Now the exchange is making TOTP mandatory from 30th September 2022, because of the increasing fraudulent activities. With TOTP activated it becomes very secure to trade in your broker's account.

     

     

    Yes, you can open Zerodha’s account online via visiting the link, zerodha.com/open-account. For an online account opening, your mobile number must be linked to your Aadhaar.

     

     

    Currently, Zerodha is India’s most profitable broker. Its financials are far ahead of any of its competitors. The company is with Zero debt and never raised any outside funding till now. The company has the largest client base in India because of the trust it generated among its clients. The business model is very sound and never takes any unnecessary risks.

    If for any unfortunate circumstances the company goes bankrupt, then also the shares that you would have bought are very safe at its depository “CDSL”.

     

     

    You can find the details to contact Zerodha at this link. If you are an existing customer in Zerodha then you have to contact them on the below number

    • 080 4718 1888 / 1999
    • 080 7190 9543 / 9545

    If you are opening a new account, then you can contact them on the below details.

    • 080 4719 2020
    • 080 7117 5337

    Otherwise you can always raise a ticket from the Zerodha Support portal describing your issues there. They will respond to you within 24 working hours via email.

     

     

    The dividends are credited to your Primary Bank account linked to Zerodha. It might take 30-45 working days from the record date for the dividends to be credited to your bank account.

    If you have not received the dividend within that time period, you might have to contact the RTA of the respective company for further information. You can find the details of the RTA/Registrars in the exchange website (e.g https://www.bseindia.com/) in the “Corp Information” section.

     

     

    Yes, Zerodha offers free equity investing and free investing in direct mutual funds. The brokerage charge taken for equity investments in Zerodha is Zero. However, if you do intraday trading or futures and options you have to pay brokerage which is lower compared to other brokers.

    Zerodha provides India’s largest free mutual fund investment platform with zero commission.

     

     

    As per Zerodha’s official website, it started its operations on 15th August 2010. They pioneered discount broking in India. They were the first to come up with a flat brokerage model in India. Now the company is India’s largest brokerage firm in terms of revenue and client base.

     

     

    You can find the details like DP ID, BO ID, Demat Id, etc on your console. To do so follow the below steps.

    • Visit zerodha.com/account/demat.
    • Or in console go to Accounts section and click on “Demat”.
    • You will be able to find the DP ID there.

    The DP ID is the identification number given to the depository participant. Zerodha is itself a depository participant.

     

     

    You can see your support code/telephone code in Kite app by visiting Profile> Manage account>View support code.

    On the web, you can visit Myprofile>view(support code). While calling the Zerodha Customer support line from your registered mobile number, it will ask you to enter the support code. Once you enter the support code it will connect to one of their executives.

    If you call from an unregistered mobile number, you have to enter the registered mobile number followed by the support code.

     

     

    Zerodha was founded by Nitin Kamath and his younger brother Nikhil Kamath in the year of 2010. Zerodha contributes to 15% of all Indian trading volumes and largest broker in the country now.

     

     

    There are many reasons why Zerodha is the best broker to open a Demat account.

    • Best user interface:- Zerodha’s trading platform, KITE is very popular with Indian traders. Most of the clients who trade in Zerodha love their platform and recommend it to others. That's why Zerodha gets most of its clients through word of mouth.
    • Most trusted and stable broker:- As per Zeordha’s latest financials it is the most profitable broker in the industry. Zerodha's net profit is much higher than any of its near rivals.
    • Cheap Brokerage:- Zerodha offers one of the cheapest brokerage deals to its clients. The charges are very transparent and mentioned on their website. Zerodha was the first in the Indian broking industry to provide a flat brokerage model. It provides free equity and mutual fund investing.
    • Education and Service:- Zerodha is constantly educating its clients through various initiatives like Varsity, Zconnect, and trading QnA. In spite of being a discount broker, Zerodha offers good customer support service, for its clients.

     

     

    Your account fund balance might show negative because of various possible reasons. Each is mentioned below.

    • Account Maintenance charge(AMC) is deducted from your account. Which is deducted quarterly.
    • You might have bought shares with all the available margin not leaving any balance for deduction of Govt taxes and brokerages.
    • Overutilization of collateral Margin. You should maintain at least 50% of the funds from cash for taking any futures and options position.
    • MTM loss:- If you have any open futures and options positions, which are settled on an MTM basis. So if you incur any losses they will be deducted from your available cash, so the balance may become negative.

     

     

    The yearly maintenance charge (AMC) is the charge that you pay to maintain your Demat account with your broker. Zerodha deducts the AMC charges quarterly.

    The AMC charge is “0” if your account is a BSDA account( Basic Service Demat Account). For the BSDA account, the condition is you need to have only one Demat account and the holding value including stocks, mutual funds, and bonds should be less than 2 lakhs.

    For the Non-BSDA account, the AMC charge is as below.

    Account type Quarterly Charges Per year
    Individuals, HUFs, and partnership firms Rs75 + 18% GST Rs300 + 18% GST
    NRIs Rs125 + 18% GST Rs500 + 18% GST
    Corporates, i.e. LLPs and private & public companies Rs250 + 18% GST Rs1000 + 18% GST

     

     

    You can not invest in foreign stock exchanges through Zerodha. Currently, they don’t have that feature. But you can always invest in international mutual funds through Zerodha.

     

     

    When you buy any shares, it takes two working days to settle at the exchange. Until the stock is settled at the exchange it shows in T1/T2 holding.

    You can sell the stocks while they are on the T1 or T2 settlement day.

    However, for some stocks, BTST (Buy today and Sell tomorrow) feature is not available, when they fall into the trade-to-trade category or ASM/GSM stage.

    • ASM (Additional surveillance measures)
    • GSM (Graded surveillance measures)

     

     

    When you sell your shares from holding, you receive 80% that day and 20% the next trading day morning. The 20% of the sold value which is blocked, gets reflected in your delivery margin section on the fund's page.

    You can use that 80% sold value the same day for trading and investing purposes.

     

     

    Yes, there can be a peak margin penalty in BTST trade, if the ad-hoc margin for that particular stock is increased by the exchange. BTST trade means buying something today and selling the same next day or the day after tomorrow before the settlement of shares.

    Suppose the Adhoc margin is increased in the stock you purchased because of volatility or some other reasons, so the exchange will start blocking extra funds if you sell the share on BTST basis. If you don’t have sufficient margin at that time in your available funds, this might lead to a penalty. You can check the list of stocks here on the Zerodha website, which might cause a BTST penalty because of increased Ad-hoc margin.

     

     


    Zerodha User Reviews

    avatar
    141. AMIT DAS Apr 03 2022 06:06:14 PM Reply
    i bought 1500 shares of ONGC @159.00 on 30/03/2022, through the zerodha platform. but no feedback on whether the application was rejected or shares alloted. any idea, forum members & zerodha friends?
    avatar
    141.1. Vinay Jain Apr 05 2022 10:53:45 AM
    PLease visit Zerodha Consol > Reports > Tradebook

    Select the date and see your transaction. In case you have not received your holding, you must have done an intraday trade.
    avatar
    140. Best Trading App Mar 31 2022 01:31:26 PM Reply
    India has one of the highest household savings rates in the world; the Indian stock market is still in its infancy. Here is the List of Top 10 Mobile Trading Apps in India. You must check out fundamentals about the app and invest with the best share market app.
    avatar
    139. Sam Oct 25 2021 10:31:19 AM Reply
    Paytm money is batter
    avatar
    139.1. Amit Rathi Nov 23 2021 11:09:10 AM
    Hello Sam,
    I have an account in Zerodha and recently I opened an account for my wife in Paytm Money. After using both the services, I can say Zerodha is far better than Paytm. This is my personal preference, but from an account opening to start trading, I feel Zerodha is must better than any other broker. That's why they are number one and holding this position for a long time.
    p.s Please don't think that I am doing marketing for Zerodha. This is my personal liking.
    Regards
    Amit Rathi
    avatar
    138. RK Sep 16 2021 12:00:37 PM Reply
    Delayed Notifications from Kite by Zerodha. Almost gave me a stroke.

    I bought and sold a lot of ONGC shares today. After 10 minutes I receive notification MIS SELL COMPLETE - ONGC .
    I was like man did I forget to cancel the pending stop loss order.
    I open the Kite app I see nothing like that. The notifications were just delayed. Phew...
    avatar
    137. Pankaj Jul 31 2021 02:30:12 PM Reply
    I''m using two (Zerodha & ICICI) direct both are best at their end, own pro & cons in both where Zerodha charge 0 brokerage on equity other side you have to take plan in ICICI to reduce brokerage.
    avatar
    136. Sumit Jul 13 2021 09:30:35 AM Reply
    Great

    Ratings:

    Brokerage - Above Average
    Account Maintenance Fees - Above Average
    Website Usability - Above Average
    Customer Service - Above Average
    Overall Experience - Above Average
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    135. Bhushan Jul 08 2021 02:45:21 PM Reply
    How to Close / Exit a triggered GTT order , where SL is triggred, Target price shows as Dormant...there is no EXIT option in GTT order...in ZERODHA...plaease gude
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    134. Sanjeeb Feb 15 2021 10:15:25 AM Reply
    Can I put GTT order during market hours?? or is it only applicable after market hour order??

    If so, what is the difference between GTT and Limit Order.

    GTT is valid for 1 year, what is the validity of Limit Order??

    Many thanks
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    134.1. Team TopShareBrokers Feb 15 2021 02:14:19 PM
    Yes, GTT orders can be placed during market hours.
    The difference between GTT and Limit order is that GTT is valid for 1 year means you can simply place an order at your desired price, if the price level is met within 1 year, then the GTT order will be executed. However, a limit order is valid for only a trading day, which means if you''ve placed any buy or sell limit order then if the stock reaches that level the same day, then the order will be executed otherwise after market closure, the order will be canceled.

    To know more on GTT click here: https://www.topsharebrokers.com/article/zerodha-gtt/103/
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    133. ratilalsoni Dec 16 2020 03:51:27 PM Reply
    my payment sucses full but not uour inqvairy and rajistresan confurnetion leter
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    132. freeforex Nov 20 2020 01:05:59 PM Reply
    Market value
    A company''s market value is a good indicator of investors'' perceptions about its business prospects. The range of market values in the market is enormous, from less than a million dollars for the smallest companies to hundreds of billions for the largest and most successful companies in the world.
    Market value is determined by valuations or multipliers that investors provide to companies, such as price to sales, price to earnings, company value to EBITDA, etc. The higher the valuations, the higher the market value.
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    The dynamic nature of market values
    Market value can fluctuate dramatically over periods of time and is greatly influenced by the business cycle. Market values decline during bear markets associated with recessions and rallies during emerging markets that occur during economic expansions.
    Market value also depends on many other factors, such as the sector in which the company operates, its profitability, debt burden, and the broad market environment. For example, Company X and Company B may have $ 100 million in annual sales, but if Company X is a rapidly growing technology company while B is a massive retailer, then the market value of X will generally be much higher than that of Company B.
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    In the example above, Company X might trade at a sales multiplier of 5, giving it a market value of $ 500 million, while Company B might trade at a sales multiple of 2, giving it a market value of $ 200 million.
    The company''s market value may differ significantly from book value or shareholder equity. A stock is generally considered undervalued if its market value is much lower than the book value, which means that the stock is traded at a significant discount from the book value per share. This does not mean that the share is overestimated if it is traded at a premium over the book value, as this again depends on the sector and the extent of the premium in relation to the share''s peers.
    Book value is also known as explicit value, and it can greatly affect the implied value of the company (i.e. personal perceptions, investor and analyst research), which in turn affects whether the company''s share price rises or falls.
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    Market value (also known as OMV, or "open market valuation") is the price that an asset will bring in the market, or the value that the investment community gives to a particular stock or company. Market value is also commonly used to denote the market value of a public joint stock company, and is calculated by multiplying the number of its outstanding shares by the current share price. It is easiest to determine the market value of exchange-traded instruments such as stocks and futures, since their market prices are widely spread and readily available, but it is difficult to ascertain the over-the-counter instruments such as fixed income securities. However, the greatest difficulty in determining market value is in estimating the value of illiquid assets such as real estate and companies, which may require the use of real estate appraisers and business valuation experts respectively.
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