Nithin Kamath and his younger brother Nikhil Kamath started Zerodha In 2010. Zerodha is an Indian financial services company. Nithin Kamath is a founder and CEO at Zerodha. Which is the largest stock broker in India.
Zerodha Review 2023
Zerodha is an Indian financial services company that offers brokerage-free equity investments, retail, institutional broking, currencies, and commodities trading. Founded in 2010, the company is headquartered in Bangalore and has a presence in nine Indian cities.
Why is Zerodha so popular?
The author believes in’the word of mouth is your true marketing’. Therefore, with a veritably low operating cost Zerodha was suitable to capture a large number of guests. Interestingly, trading is handed free of cost at his stockbroking establishment if the period of holding for shares is longer than a day.
Is Zerodha trustworthy?
Yes, Zerodha is a licit stock brokerage establishment in India. It’s registered with SEBI, CDSL and all major stock exchanges in India. As with other popular brokers, Zerodha works under the regulations laid by SEBI and RBI. It’s a genuine broker with over 10 times of track record in this business.
Is Zerodha registered with SEBI?
Zerodha, being a Trading Member of NSE and BSE, registered with Securities & Exchange Board of India (“SEBI”) and having Registration No. INZ000031633 for Cash/ Derivations/ Currency Derivations parts of NSE & BSE.
Is Zerodha safe for trading and long term investment?
Dealers always prefer to trade with the cheapest broker. Zerodha has low freights, it indeed offers free equity delivery trading. There’s no account conservation charge (AMC) for your trading account and commodity account. That is way Zerodha safe for trading and long term investment.
Zerodha pros and cons.
| Pros | Cons |
| • Low fees | • Slow account opening process |
| • Great trading platforms | • Only Indian market covered |
| • Solid research | • No investor protection |
Is Zerodha a demat account?
Zerodha demat account is one of the services offered by the company. The service is part of its 2-in-1 accounts that offers the client an intertwined trading account and a demat account for flawless deals between them. Zerodha is a repository party (DP) with Central Depository Services Limited (CDSL).
How do I start trading?
4 steps to start trading with Zerodha:
- Find a stockbroker. The first step will be to find an online stockbroker.
- Open demat and trading account.
- Login to your demat and trading account and add money.
- View stock details and start trading.
What is the fees for Zerodha?
| Zerodha charges | Equity delivery | Equity futures |
| Brokerage | Zero Brokerage | 0.03% or Rs. 20/executed order whichever is lower |
| STT/CTT | 0.1% on buy & sell | 0.01% on sell side |
| Transaction charges | NSE: 0.00345% BSE: 0.00345% | NSE: 0.002% |
| GST | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
How do I pay my Zerodha opening fees?
Still, you’ll have to give us a cheque for the account opening figure along with the inked account opening form, If you’re opening your account offline. The cheque has to be in favour of Zerodha Broking Ltd. Trading, demat and Commodity account.
How do I pay my Zerodha annual fee?
You can pay your AMC (annual maintenance charge) online by following the simple steps below:
- Click on this link: https://www.ilfsdp.com/eko-pay.asp.
- Choose the DP ID (IN300095) and enter your IL&FS Client ID (BOID).
- Outstanding DP charges — As per bill.
Does Zerodha charges for adding money?
Using the quick payment gateway, you can send funds directly from the trading platform (Kite). This is available for Rs. 9 plus taxes, with the added benefit of quick credit.
How do I add money to my Zerodha account?
| Method | Time taken | Charges |
| NEFT/RTGS | Between 2 to 10 hours depending on your bank | Free at Zerodha, bank charges may apply |
What is withdrawal limit in Zerodha?
Rs 50,000
Zerodha is planning to allow instant fund withdrawal up to Rs 50,000.
Does Zerodha charge for both buy and sell?
On both purchase and sell transactions, Zerodha charges brokerage and related taxes. Zerodha allows you to trade Equity Delivery without having to pay a commission. That means you don’t have to pay any commissions on cash and carry trades (or when you take delivery of shares or sell them from your demat account).
Does Zerodha charge monthly?
For your trading and commodity accounts, there is no account maintenance charge (AMC). AMC is deducted from your Zerodha account every quarter, i.e. every three months, starting from the account opening date.
Can we cancel Zerodha account?
If your account has no holdings, no pending positions or orders, and a zero balance, you can close it online. We will instantly disable access to Kite and Console once the closure is implemented. Please keep in mind that account closure is final.
Does demat account expire?
Yes. A demat account might become dormant if no transactions are made over an extended period of time. There is no set time limit for how long a demat account can be inactive before it is categorised as dormant. It depends on the customer’s agreement with the depository participant (DP), bank, or broker.
Customer Ratings
| Experience | 8.7 / 10 |
| Brokerage Charges & Fees | 9.5 / 10 |
| Stock Research & Advisory | 9.6 / 10 |
| Trading Platforms | 8.5 / 10 |
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