Zerodha is the most technologically advanced stock broker in India with the highest number of customers. Zerodha has much better self-serving and education awareness platforms than Angel Broking. Angel broking offers API for trading for free. Zerodha charges a monthly fee.
Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox (₹20/trade) Paytm Money (₹10/trade) 5paisa (₹20/trade) More Brokers... ICICI Direct (₹20/trade) Angel One (₹20/trade) Edelweiss (₹10/trade) IIFL Securities (₹20/trade) Aliceblue (₹20/trade) More Brokers...
Zerodha follows a fixed brokerage model wherein a flat brokerage is charged from all. Zerodha offers brokerage free Equity Delivery trading which Sharekhan charges 0.55% brokerage. Zerodha offers Direct Mutual Funds while Sharekhan offers only Regular Mutual Funds.
You will not lose it because shares are kept in and electronic form maintained by either NSDL AND CDSL i.e. depository organisations in india. So even if zerodha goes bankrupt your shares are safe.
Investors can open multiple demat accounts, so long as the accounts are opened with different Depository Participants. You cannot open more than one demat account with the same DP.
Firstly, Zerodha is one of the most popular discounted brokers. Zerodha is one of the best brokers in India.
Zerodha Founder and CEO Nithin Kamath regularly takes a dig at some practices of his rival broking firms.
Zerodha does not charge for Equity delivery (CNC) trades. The brokerage is zero. However, if you have selected the CNC product type and bought and sold the shares on the same day during the market hours , it will be considered an intraday trade(MIS), and intraday brokerage will be charged on your trades.
Jhunjhunwala runs a privately-owned stock trading firm called RARE Enterprises.
Zerodha is the most technologically advanced stock broker in India with the highest number of customers. Zerodha has much better self-serving and education awareness platforms than Angel Broking. Angel broking offers API for trading for free. Zerodha charges a monthly fee.
Is Zerodha safe for the long term investment? Yes, Zerodha is as safe as any other stock broker in India. Zerodha is a genuine and trusted stock broker.
Upstox offers priority brokerage plan (at Rs 30 per trade) which has up to 25x leverage on Intraday, Futures & Options. Zerodha has one simple plan for all customers. Zerodha has much stronger focus and investment in technology which results in a better trading platform, trading tools and customer support.
Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.
These new rules curtailed some of the actions that a broker could take on your behalf. Even so, a broker can transfer shares sold by you to the stock exchange, pledge stocks to meet your margin requirements, and apply for mutual funds, IPOs, rights, and offer of shares based on your instructions.
When you want to close your Demat account, you have to visit the Depository Participant's office and have to submit a Demat account closure form and the necessary documents along with it. You can also download this form from the website of the Depository Participant.
No.
Currently there are two depositories operational in India.
As zerodha is one of the topmost trading company in India and it is run by highly talented and intellectual people whom you can trust. They are making good amount of profits through this business and they would probably get nothing with your money.