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Investallign provide you trusted review and information about stock brokers in India. Read zerodha brokerage, demat account, trading, kite, pi, mobile app and user reviews of 2018 and how they started their Brokerage Business and which best services they provide to get the clients trust. You can also check in quroa for zerodha review.<br>
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Zerodha Brokerage Review • There are two types of Stock broker in India. • Full Service Broker • Discount Broker • Zerodha is Pioneer in discount broker concept in India. In 2010 Mr. Nithin Kamath started small company with few friends and staff. Nithin him self successful Professional trader for over a decade. He himself faced lot of problem as a trader and investor So he started Zerodha with vision of solve problem faced by investor and trader in India. Zerodha name derived from fusion of two words one from English ( Zero ) and 2nd from Sanskrit ( Rodha – Barrier. ) like Zero + Rodha = Zerodha ( Zero Barrier for trader and investor ).
Few hurdle and problem faced by Indian Investor and trader before Zerodha Started his venture. • High Brokerage. • Transparency in Brokerage and other cost. • Unauthorised trade by Relationship Manager • Online Trading Platform – Mobile Trading Platform • Simple and understandable contract note and Back office. • As Full service brokerage house charged premium brokerage to their client. And their brokerage depends upon case to case basis. No universal slab for client. provide relationship manager who manage portfolio on behalf of client. Full service provide tips and research report but don’t bother to educate client about trading and investment method.
Zerodha started his Broking business with Discount brokerage module where charges of brokerage are same for all clients whether they are big HNI client or small investor like student or housewife. Zerodha moto is transparency with this moto Zerodha is 1st broker in India. Who provide Brokerage Calculator where you can check brokerage as well as other cost before you can trade. No Brokerage Target to Relationship Manager mapped to you trading account. With this Zerodha address unauthorised trade problem which is biggest problem in Full service brokerage house. Nithin knows very well that only Discount Brokerage is not only way to help investor and trader. technology innovation required for successful trader and investor. Zerodha started his business with NSE NOW software. Which technically free for broker as well as client end. But charting and other technical tool not that adequate. Zerodha – Lowest Discount Brokerage Charges
Zerodha PI – Desktop Trading tool Review • Desktop base trading platform • Multiple marketwatch • Easy To use with Shortcut keys • More then 100 + Technical indicator • Algo ready in built trading script EA • Back Test with historical data • Scanner to find best possible bet in market • Trade from Chart directly • EA library for Auto buy / sell signals – Code – Backtest – Take live. • Plug-in provided with AmiBroker, widely used technical analysis software. Traders can use AmiBroker in a semi-automated or fully-automated way.
Zerodha Kite Web / Mobile App – Review • HTML 5 base trading platform with streaming market data • A Elegant UI and simple to use interface. • Universal Search menu. – Easy to search trading symbol • Browser Notification • Customise market watch and dashboard • Multiple chart window • More then 12 types of charts • 100 + Technical indicator • Shortcut key to use with keyboard • In-build snap of fundament data to give you company overview • Co – BO with limit entry • Kite Mobile – IOS and Android easy to use and with all features and much more…
Kite – Connect • Super and simple trading APIs from Zerodha Tech team • Build full-fledged trading platform with HTTP/JSON APls • Mutual Fund APIs • Trade from your favourite software directly • Step By Step Guide how to select right Broker for you • Q – Quant – Back office software Review • Reporting tool ‘Q’ that provides information on trades, positions, capital management and tax ready P&L statements. • Quant, a sabermetric tool that gives statistical information based on the client’s trading style.
Educational Programme • Blogs like ‘Z-Connect’, ‘Zerodha – Varsity’ ‘Trading Q&A’ and ‘Pulse’. • Z-Connect covered mostly all Zerodha and Zerodha’s software relate query • Z-Connect blog Taxation for Trader and Investor top 10 Blog which covered all information on taxation part. • Zerodha – Varsity provide you in-depth knowledge for new babies to professional trader. • Varsity is interactive blog where you can ask your query to related topic and Mr. Karthik Rangappa • how to read chart to how to read financial balancesheet of company it covered all topics. • Trading Q & A – where you can ask any trading related questions with Community member answers your questions – no promotion allowed • Pulse – you can find best market news without Ads • A contest called ’60 Day Challenge’. If a trader is net profitable in a 60 day period, all the brokerage charged to them is refunded.
Open Trade – Realtime trades update from profitable traders pick based on their trading style and risk parameters • Give away at crowd.in – Trader who guesses the weekly closing figures in Nifty gets prize money of Rs.1 lac. • Zerodha Headqueaters in Bangalore • More then 23 major cities they have Branches • Hyderabad (Andhra Pradesh), Mumbai , Navi Mumbai ( Vashi ) ,Pune (Maharashtra), Ahmadabad , Rajkot , Surat (Gujarat), Delhi , NCR ( Delhi ), Chennai (Tamil Nadu), Vijayawada (Andhra Pradesh), Hubli (Karnataka), Salem (Tamil Nadu), Coimbatore (Tamil Nadu), Kanyakumari (Tamil Nadu) and Kochi (Kerala) many more… • Client can open account online as well as offline mode. Client visit any off zerodha Branch and sort-out their trading query. • More then 1000 + Customer Support Team ensure fastest response in your regional language.
Co-located server allow you to fastest broadcasting and streaming data with fastest trade execution time. • World class Technology server and support put Zerodha in Top of the list in Discount Broking. • Zerodha to have a whopping turnover to the tune of Rs. 10000 Crore + which accounts for 4% of NSE total turnover.& Highest Turnover company in retail segment. • Zerodha have 7 lac + active client base with this Zerodha is not Top 3 stock broker in India. • Zerodha Trading Account review • Trading Account • Open an Instant Trading Account online with Aadhar card.
The documents required to open an account in Zerodha include: • Aadhar Card • Pan Card • Address Proof – Bank statement , Driving licence ( any one ) • Cancel Chq • For trade derivatives, 1 copy of the following documents is required – Pay slip (latest), Form 16 / IT Returns (latest) and 6 month bank statement (latest) • Offline Form • The documents required to open an account in Zerodha include: • Aadhar Card • Pan Card • Address Proof – Bank statement , Driving licence ( any one ) • Cancel Chq
For trade derivatives, 1 copy of the following documents is required – Pay slip (latest), Form 16 / IT Returns (latest) and 6 month bank statement (latest) • The forms are filled and signed along with Rs. 200, a fee for opening the account, has to couriered to Any of Zerodha Branch or the head office at Bangalore. A period of 2 to 3 business days is generally taken for processing and creation of the trading account. • Zerodha intimates their customers about successful creation of trading account through email. It also provides the trader with the username and password to access the trading account online. • List of Top 10 Discount Stock Brokers in India • Zerodha Demat Account Review • Zerodha partners with CDSL to provide Demat services to their customers. Traders have to send their Demat account opening form along with the Trading form to the Zerodha office.
Trading Account Opening Charges: Rs.300 for Zerodha forms and Rs.200 for printed ones • Commodity Account only: Rs.200 for Zerodha forms • DP charges are Rs. 8 per transaction • Brokerage Charges Review • Zero Equity Delivery Brokerage • Equity Intraday 0.01% or Rs. 20 per trade whichever is lower. • Equity Future 0.01% or Rs. 20 per trade whichever is lower. • Equity Options 0.01% or Rs. 20 per trade whichever is lower (on Turnover). • Commodity Future 0.01% or Rs. 20 per trade whichever is lower. • Currency Future and Option 0.01% or Rs. 20 per trade whichever is lower
Other Charges • Call N Trade Charges – Rs 20 Flat per Order. • Contract hard copies cost Rs.20 with extra courier charges whereas digital contract notes are sent free of cost through email. • DP charges are Rs. 8 per transaction. • Zerodha Fund Transfer • Traders can transfer funds into their trading accounts through the following methods. • ZerodhaPI , Kite – Funds can be transferred from the linked bank account through Zerodha softwares. The fund transferred will be immediately reflected and individual transfer charge is Rs. 9. • Zerodha Backoffice Q – Funds can be transferred from the linked bank account through the Zerodha Backoffice. The fund transferred will be immediately reflected and individual transfer charge is Rs. 9.
NEFT/RTGS – Funds can be transferred electronically to the trading account from any of the linked bank via NEFT/RTGS and there will be no charges. Take 2-3 hr normally to reflect in Trading account • Cheque Deposit – Transfer funds by cheque to the trading account from the linked bank account. Traders are required to send the scanned copy of cheque to Zerodha. Take 2- 3 business working days • IMPS – client transfer fund through IMPS and upload statement in bank office takes approx. 2 hr to update • UPI – Transfer funds instantly from any bank account using UPI. Make sure to initiate all UPI transfers from our payment gateway for the funds to be updated to your Zerodha account instantly. • Compare Top 10 Stock Brokers in India
Fund withdrawals • Traders can request a payout through the Zerodha Backoffice – Q. The withdrawal request will be processed by RTGS/NEFT transfer. Fund withdrawals are totally free of cost. • EQ/Currency is before 7:30 PM every day – requests placed before 7:30 will be honored the next day. Requests placed after 7:30 PM will be honored in two days. • Commodities is 9:00 AM every day – requests placed before 9:00 AM will be honored on the same day. Requests placed after 9:00 AM will be honored the next day. • Payout windows are closed on Saturday and Sunday – this means if you place a request on Saturday or Sunday or after 7:30 PM on friday, it will be honored only on Monday.
Margin Funding / Intraday Limites • Zerodha offer upto 20 times limits in more then 150 stocks in Cash market with BO / CO order ( with stop loss ) . MIS product allow client to take upto 7 times limits without stop loss • Zerodha offer upto 4 times limits in FO segment in BO / CO product types. With MIS product client take leverage upto 40% on script margin. • Zerodha offer Commodity 3 times limits in MIS • Intraday products (MIS/BO/CO) square off timings: • Zerodha is not for traders And Investors if they • Need financial advice from brokers • Who looking for relationship manager who will manage there account • Tips or technical call provider • Require a Banking, Demat and Trading linked into a single account.3 – in – 1
Zerodha is for Online Trader and Investor who. • Looking for best discount brokerage service with technology strong company • Who love to LEAR AND EARN theory. – Zerodha varsity , Trading Q n A • Zerodha Varsity – Beginners in trading can utilize the trading knowledge bank. • algorithm tool – This tool is offered free of cost to all customers, can be used to code the technical trading strategies and test them. • Take the 60 day challenge. Brokerage is refunded after 60 days upon success and a certification of recognition is received from Zerodha along with full time trader access. • Receive increased protection to open position as the ‘Bracket and Trailing Stop loss order’ is given to traders. Zerodha is the first to provide this offer in India. • Effectively use Trading qna – Forum created by Zerodha where the trading community interacts and lot of questions and answers related to trading can be found. • Compare Brokerage Companies in India
CONTACT US • Mob No:- 07940325797 8866502020 • Timing:- Monday to Friday 9.30 AM - 7.00 PM • Address:- 28, Genernal Bank Chamber Opp Munciple Market Above kotak Bank C.G.Road Ahmedabad India Gujarat 380009 Website:- Investallign