Zerodha Account Opening4.5/5
Deposits and Withdrawl4.5/5
- Free Equity Delivery and Direct Mutual Funds
- Hassle free Online Account Opening
- Multiple Trading products like Kite, Console
- Easy to understand Reports
- Can buy IPO using Zerodha Platform
- Slow Settlement time
- Power of attorney is Mandatory
In this blog, we will provide you with a detailed Zerodha Review of this Demat Account, Brokerage Charges, Demat Account opening process, and various apps for trading, etc.
We will also review the Customer care and AMC Charges for this Advanced Stock Broker.
But before that, let’s take a sneak peek into Zerodha Demat Account which heading towards the largest stockbroker in India today in the Online Stock Market world.
Quick Tip – If you have your aadhaar handy, the Equity Account opening is Super Simple. Just click on this direct link for Zerodha Demat Account Opening
Let’s now look at Zerodha Review on the following Parameters
Zerodha Demat Account Review
Zerodha Demat account is easy to open with a simple online account opening process. Given that SEBI regulates it, this Demat account safe and reliable to use.
Zero brokerage charges for buying and selling shares in equity delivery helps you to save lots of money while buying or selling shares.
The disruptive brokerage charges model with Free Equity delivery, Free Direct Mutual Funds in Zerodha Coin, and Flat rs 20 per trade price have definitely made Zerodha the number one Discount Broker of India.
Want to know how much money you can save with this Demat account?
Let’s look at this math’s below.
Imagine, you buy 1 share each from 10 different companies
With Zero Equity delivery trading charges, you end up paying Rs 0 as Zerodha Brokerage
Now, let’s see if you perform 10 trades in a month.
With Rs 20/ trade flat pricing, you will only pay Rs 200 as Zerodha BrokerageNow, this is huge savings if you open a Zerodha Demat Account
Zerodha Account Opening Review
Zerodha offers an Online and Offline Account Opening Process.
The online process to Open a Zerodha Demat Account is easy and straightforward.
- Complete your Zerodha Signup here
- Enter PAN details in Zerodha login
- Pay Account opening fees and verify details using Aadhar.
- Esign with OTP and you will be good to go.
- The offline process to open a Zerodha account takes up to 4 days and requires you to send physical documents.
Zerodha Charges Review
Zerodha charges Rs 200 for Online Account Opening for trades on Equity and Rs 300 for Equity + Commodity accounts.
Zerodha charges Rs 400 as an offline account opening for Trades on Equity, F&O, and Currency and Rs 600 for Equity + Commodity account.
If you look at the benefits that come with this Demat account, you will be surprised to know that this charge is minimal and the benefits that come are huge as compared to other stockbrokers in India. Definitely, it is a transparent stockbroker.
Tip – Always prefer the online Zerodha Account Opening process and you can save Rs 300
Zerodha Brokerage Charges Review
Zerodha charges a maximum brokerage of Rs. 20 per trade for all segments and Zero rupees for delivery trading, which is less compared to many other stockbrokers
It really helps you to save big on zerodha brokerage charges.
Zerodha Brokerage Calculator
If you only stick to buying and selling shares using Zerodha Account, you will end up paying Rs 0 as brokerage.
yes, that right.
If you opt to perform trading with Zerodha, you will only pay Rs 20.
yes, that right again
Zerodha charges a maximum brokerage of Rs. 20 per trade for all segments and Zero rupees for delivery trading, which is less compared to many other stockbrokers. It really helps you to save big on brokerage charges.
You might want to access the live Zerodha Brokerage Calculator.
However, for your ease, we have calculated the brokerage amount that you need to pay for 400 quantity of buy and sell as Intraday equity.
Related Post: How to use Zerodha Margin Calculator
Zerodha AMC Charges Review
For equity account, AMC is Rs 75 + 18% GST that gets deducted from your Demat Account balance every quarter. Zerodha does not charge any AMC for the Commodity account.
Zerodha AMC charges (Annual maintenance) is the charge to maintain your Demat Account
Zerodha Trading Platform Review
Zerodha provides one of the best and user-friendly trading platforms for their clients. You can easily trade by using these Zerodha Trading Platform on your mobile, desktop application, or by desktop web.
Following are Zerodha Trading Platforms that are user friendly and easy to use
Related Post: How to Buy and Sell shares in Zerodha
Zerodha Kite Review – Most simple yet powerful trading platform
Kite 3.0 is a web-based trading and investment platform. One can use Zerodha Kite 3.0 to execute the trade using browsers on Mobile or desktop.
Related Post: Zerodha Login – Know how to access Zerodha Login
Kite by Zerodha Mobile App Review
Kite by Zerodha is one of the most advanced trading apps in India available for both Android and iOS mobile phones.
One can easily access the live market data using the Kite app. Easy Navigation definitely eases the Zerodha usability
With easy Buying and Selling options, Kite by Zerodha App helps you to smartly manage your portfolio, create multiple watchlists of your favorite stocks and keep track of your Holdings
Zerodha App has advanced charts with over 100 indicators. All this comes with a smart user-friendly UI. You can easily trade in various Order Types in Zerodha Kite Application.
Zerodha Kite App has two-layer security – this means, all your data is safe within your mobile
It has a fantastic support portal to help its clients. Our personal experience says that they address the issues on priority. Zerodha also has dedicated on-call support
08049132020 is the Zerodha Customer Care number for queries.
Our Zerodha Review Experience – India’s Best Stock Broker
Zerodha Review- Pros and Cons
|Pros||Areas of Improvement|
|Delivery trading is free for Equity.||At times, one can face application down during trading hours.|
|Low AMC Charges for Demat account|
No AMC charges for Commodities account
|The margin provided is low.|
|Zerodha Brokerage charges is flat Rs. 20 per trade while Equity delivery is totally Free|
|Easy Online account opening procedure|
|Zerodha Trading Platforms like Kite 3.O and Kite App is easy to use with seamless user experience|
|Zerodha console generates meaningful reports that help to keep a hawk-eye on the portfolio of investments and monitor Profit and Loss|
|A single platform to invest in IPO and SIP Mutual Fund investments using Zerodha Console|
|Regular email of Annual Global Statement to view transactions executed by you during the financial year along with the brokerage, taxes, and charges paid|
|Free access to Zerodha Varsity - the free resource to learn Stock Market in English|
Zerodha Review FAQs
What is Zerodha IDFC FIRST Bank 3 in 1 account?
It is a single account offered by Zerodha that includes Trading, DEMAT, and bank account, all rolled into one.
This is to provide a seamless banking & investing experience for individuals so that they do not face hassle while connecting a bank account with their trading and demat account
How to Buy IPO in Zerodha?
One can easily buy an IPO using Zerodha by Zerodha Console. Connect your UPI ID with Zerodha and place your IPO Bids. The IPO window is available from 10 AM to 5 PM on trading days.
What is Zerodha Sentinel?
Zerodha Sentinel is a tool to get real-time market alerts for all 90,000+ stocks, bonds, F&O contracts and currencies across exchanges
Is Zerodha Sentinel Free?
Yes, Zerodha Setinel is Free. You first need to open a Zerodha Demat Account online and then access the Zerodha Setinel for free
The stock market in India is closed every Saturday, Sunday, and also on the BSE & NSE holidays.