For intraday trading, Zerodha has one of the lowest brokerage costs in India, with a flat rate of Rs. 20. Discount brokers like Zerodha have a brokerage structure suitable for volume intraday and beginning traders in terms of cost.
Zerodha Account Opening Charges
For opening an online Demat account, Zerodha charges Rs. 200.
The trading account is simultaneously and cost-free opened. You can engage in intraday trading as well as equity and currency F&O.
Charges for Offline Account Opening –
Equity trading and Demat account: Rs.400
Equity trading, Demat and commodity account: Rs.600
Zerodha AMC Charges
Zerodha costs Rs 75 every quarter for AMC fees or Rs 300 annually.
Zerodha Brokerage Charges:
Zerodha Equity Delivery Rs. 0
Zerodha Equity Intraday Rs. 20 or 0.03% per executed order, whichever is lower
Zerodha Equity Futures Rs. 20 or 0.03% per executed order, whichever is lower
Zerodha Equity Options Flat Rs. 20 per executed order
Zerodha Currency Futures Rs. 20 or 0.03% per completed order, whichever is lower
Zerodha Currency Options Rs. 20 or 0.03% per completed order, whichever is lower
Zerodha Commodity Futures Rs. 20 or 0.03% per completed order, whichever is lower
Zerodha Commodity Options Rs. 20 or 0.03% per completed order, whichever is lower
Zerodha Delivery Charges
In Zerodha, equity delivery is entirely free.
Zerodha Intraday Charges
Regardless of trading volume, Zerodha charges a smaller intraday fee per executed order of Rs. 20 or 0.03%. This benefits both small and high-volume traders.
For instance, Zerodha will charge Rs 3 for intraday trading rather than Rs 20 if you trade for Rs 10,000. However, a set fee of Rs 20 will be applied if you place a trade for 10,000.
Zerodha F&O Charges
Equity Futures Rs. 20 or 0.03% per executed order, whichever is lower
Equity Options
Flat Rs. 20 per executed order
Currency FNO
Rs. 20 or 0.03% per completed order, whichever is lower
Commodity FNO
Rs. 20 or 0.03% per completed order, whichever is lower
If your account derives through a negative balance, you will be charged a straight brokerage of Rs.40 for each executed order rather than Rs.20.
Zerodha Call and Trade Charges
Zerodha’s dealer desk, customer service, or RMS team has a call and trade fee of Rs. 50 per order.
The sequence can be:
- effective execution of a buy/sell order
- executed commands
- canceled orders
- order cancellations
If you called Zerodha to place an order and it was canceled or rejected, you will not be chargeable for the cancellation, but you will be responsible for paying Rs. 50 in call and trading fees.
Zerodha Mutual Funds Charges
For investing directly in mutual funds of any company through Zerodha, there are no fees.
Zerodha DP Charges
DP fees are due each time you sell shares using your Demat account.
DP fees at Zerodha for the sold shares are Rs. 13.50 per day per scrip. Here, the number of claims has no bearing.
The cost is just Rs. 13.50. It Doesn’t matter if you sell 1 or 1000 shares of SBI.
However, you would need to pay 13.50 + 13.50 = Rs. 27 in DP fees if you sold one share of SBI and one share of Reliance.
Zerodha Charges for Cancelled Orders
Zerodha does not apply Order cancellation fees.
Cancellation may occur because of the following:
- manually canceling orders
- The order is rejected by the system automatically due to a lack of funds or
- Any other factor
Zerodha Fund Transfer Charges
You can add money to your Zerodha trading account using various methods, including UPI, IMPS, and net banking.
The UPI and IMPS alternatives are free; however, adding funds through online banking requires a Rs 9 per transaction fee.
Zerodha Fund Withdrawal Charges
There are no fees while withdrawing money from your trading account to your bank account through Zerodha.
Zerodha fund withdrawal fees are zero rupees.
STT Charges in Zerodha
Purchasing and selling shares through Zerodha is subject to the Securities Transaction Tax, or STT charge, which is a direct tax. The Indian national government is chargeable for collecting STT fees.
Only the sale side is charged STT for intraday trades at 0.025 percent, whereas both the purchase and sell sides are charged STT for delivery transaction charges at 0.1 percent.
Equity delivery
0.1% on buy & sell
Equity intraday 0.025% on the sell side only
Equity futures 0.01% on sell-side
Commodity futures 0.01% on the sell side (Non-Agri)
Commodity options 0.05% on sell-side
Currency F&O No STT charges applied
Zerodha Charges for GTT
Zerodha doesn’t charge anything to use GTT.
With Good Till Trigger (GTT), you can specify various trigger (price) circumstances that will cause you to trade shares at a specific price.
After meeting the prerequisites, one can place a limited order on the BSE/NSE.
After placing the buy/sell order, the GTT gets triggered, and you can check the standard brokerage is applied.
GTT is only suitable for
- CNC-type orders on the NSE and BSE’s equity cash section
- In the NSE’s Equity Derivatives section, NRML-type orders are acceptable.
Cash and Carry (CNC) is used for delivery trades when trading equities.
Overnight trading of futures and options contracts is referred to as normal (NRML). In the derivatives segment, NRML-type orders allow you to hold your position until the expiration of the F&O contract.
Zerodha Charges For BTST
Due to the usage of the CNC product type, which stands for equity delivery, there is NIL (Rs. 0) brokerage on BTST trades.
When you sell the following day, there is a DP charge of Rs.13 per stock each day.
Zerodha Charges For Auto-square Off
Zerodha categorizes auto square-off as a “Call and trade” feature.
The system automatically squared off all open intraday positions at or after the cut-off time for a fee of Rs. 50 per order.
Segment
Cut-off time
Equity intraday 3.20 pm
Equity F&O 3.25 pm
Currency F&O 4.45 pm
Commodity F&O 25 mins before close
Zerodha Small case Charges
The Small case cost is a set rate of Rs 100 per transaction.
Zerodha Charges for Optional Value-Added Services
Services
Bill Frequency
Charges in Rs.
StockReports+
Monthly / Bi-annually / Annually
150/ 810/ 1440
Screener
Monthly / Quarterly / Bi-annually / Annually
100/ 285/ 540/ 960
Smallcase
Per transaction
100
Sensibull
Monthly
Free: 0
Lite: 800
Pro: 1300
Streak
Monthly
Regular: 690
Ultimate: 1400
Kite Connect
Monthly
Connect: 2000
Historical: 2000
Zerodha Charges For NRI Trading and Demat Account
It is only possible to open an offline NRI trading and Demat account. NRIs can choose between opening a PIS account and a Non-PIS account.
Rs 500 is required to start an account.
Charges for AMC: Rs. 125 each quarter (Rs. 500 annually).
NRI Brokerage Charges for Equity
PIS trading and Demat account
Non-PIS trading and Demat account
whichever is less: 0.5% or Rs.200 per executed order
whichever is less: 0.5% or Rs.Rs.100 per executed order
TDS handling costs are up to Rs 300 per contract note (per trading day) at banks.
NIL
In addition to the Demat AMC of Rs. 500, banks also impose an additional AMC of up to Rs. 1500 annually.
Only a Demat AMC of Rs. 500 applies.
NRI Brokerage Charges for F&O
The only way for NRIs to trade F&O is through a custodial account. The custodian partner of Zerodha is Orbis Financial Corporation Limited (SEBI registered).
For F&O, Zerodha charges a brokerage fee of Rs.100 per order.
In addition, Orbis levies monthly clearing fees of Rs. 150 per crore for futures and Rs. 1500 per crore for options.
Conclusion:
Zerodha is the most significant discount broker for DIY traders of all skill levels.
If you conduct your research, you can trade more than a crore of shares for Rs. 5000 monthly.