Zerodha Brokerage Charges: in-depth Analysis

Zerodha Brokerage Charges

Compared to other stockbroking platforms, Zerodha brokerage charges are fair.

Brokerage charges of Zerodha are not ambiguous. They are easy to calculate.

However, if you need help with putting figures together, the Zerodha brokerage calculator is at your beck and call. 

We will also be taking a look at Zerodha trading charges for options transactions. 

Also included in the Zerodha brokerage charges list below is a breakdown of Zerodha brokerage charges for equity transactions. 

Zerodha Brokerage Charges

The table provides information about Zerodha brokerage charges 2020, Zerodha brokerage charges for intraday transactions, and Zerodha bracket order brokerage charges.

Equity


CHARGES

EQUITY DELIVERY

EQUITY INTRADAY

EQUITY FUTURES

EQUITY OPTIONS
BrokerageZero Value can be Rs. 20 per order or 0.01% of the total depending on which is lower.Value can be Rs. 20 per order or 0.01% of the total depending on which is lower.Rs. 20 for each order
Securities Transaction Tax and Commodities Transaction Tax0.1% of the value of buy and sell0.025% of the sell value.0.01% of the sell value.0.05% of the sell value.
Transaction ChargesBSE is 0.003% and NSE is 0.00325%BSE is 0.003% and NSE is 0.00325%Exchange transaction charge of 0.0019%Exchange transaction charge of 0.05%
Goods and Services Tax18% of the total sum oftransaction charges and brokerage charges.18% of the total sum oftransaction charges and brokerage charges.18% of the total sum oftransaction charges and brokerage charges.18% of the total sum oftransaction charges and brokerage charges.
SEBI charges10 INR for each crore.10 INR for each crore.10 INR for each crore.10 INR for each crore.

Currency

CHARGESCURRENCY FUTURESCURRENCY OPTIONS
BrokerageValue can be Rs. 20 per order or 0.01% of the total depending on which is lower.Value can be Rs. 20 per order or 0.01% of the total depending on which is lower.
Securities Transaction Tax and Commodities Transaction TaxNANA
Transaction ChargesBSE is 0.00022% and NSE is 0.0009%BSE is 0.001% and NSE is 0.0007%
Goods and Services Tax18% of the total sum oftransaction charges and brokerage charges.18% of the total sum oftransaction charges and brokerage charges.
SEBI charges10 INR for each crore.10 INR for each crore.

Commodity

CHARGESCOMMODITY FUTURESCOMMODITY OPTIONS
BrokerageValue can be Rs. 20 per order or 0.01% of the total depending on which is lower.Value can be Rs. 20 per order or 0.01% of the total depending on which is lower.
Securities Transaction Tax and Commodities Transaction Tax0.01% of the value of buy (for non-agricultural products)0.05% of the value of sell
Transaction ChargesExchange transaction charge ranges between 0.001% and 0.0026% depending on the group.No exchange transaction charge
Goods and Services Tax18% of the total sum oftransaction charges and brokerage charges.18% of the total sum oftransaction charges and brokerage charges.
SEBI charges10 INR for each crore.

* Stamp charges also apply. The amount paid depends on the state.

Related Post:   Zerodha Pulse News App & Chrome extension Review

Optional charges

SERVICEFREQUENCY OF BILLINGCHARGES
Stock Reports+Charges are either taken monthly, bi-annually, or annually. Monthly charge is 150 INR. Bi-annual charge is 810 INR. 
Securities Transaction Tax and Commodities Transaction Tax0.01% of the value of buy (for non-agricultural products)0.05% of the value of sell
Small CaseCharge is taken per transaction.100 INR
Pi BridgeMonthly500 INR
StreakMonthlyDepends on your plan. Customers on a basic plan are charged 500 INR, those on a premium plan are charged 900 INR, while customers on an Ultimate plan are charged 1400 INR 
SensibullCharges are taken every monthly0 INR for free, 800 INR for lite, and 1300 INR for pro.
ScreenerBilling frequency is flexible. Charges can be taken monthly, per quarter, bi-annually, or annually. Monthly charge is 100 INR. Quarterly is 285 INR. Bi-annual is 540 INR, and annual is 960 INR
Kite ConnectMonthly2000 INR for Connect and Historical

Explanation of some of these charges

GST: GST is a government-imposed tax. It is paid when an item is purchased or a service is rendered. 

Some companies add it to the cost of a service or an item so that GST is paid as an indirect tax. 

The final consumer pays GST but the seller or producer remits it to the government.

Securities Transaction Tax and Commodities Transaction Tax: This is the amount charged for the buy and sell of equity delivery.

It is important to note that brokerage charges in Zerodha are somewhat lower than STT and CTT. 

Related Post:   Zerodha Support Portal Review For Customers – Email, Toll-Free Customer Care Number, Ticket Create, Kite And Coin support Portal Timing

SEBI Charges: This is usually remitted to the Securities and Exchange board of India. 

Stamp Charges: There is no flat rate. The amount charged varies from state to state. 

Zerodha brokerage calculator

Are you confused on how to check brokerage charges in Zerodha? Worry no more. The Zerodha brokerage charges calculator is a useful tool. 

The Zerodha brokerage calculator does the maths for you. Hence, you do not have to worry about handling numbers. 

The Zerodha brokerage charges calculator has a high level of accuracy and precision. It can be found on the Zerodha website. 

It gives you the exact value of the total brokerage charges, turnover, and an idea of probable profit or loss. 

The calculator demands that you input the quantity and type of any transaction based on the prevailing buy/sell rate and it does the rest for you.

Figures of brokerage charges in Zerodha calculator can be relied upon. 

The Zerodha brokerage charges calculator gives you an idea of Zerodha brokerage charges for equity, Zerodha options brokerage charges, Zerodha bracket order brokerage charges, and Zerodha brokerage charges intraday. 

The figures are displayed to you at the point of investing.

Zerodha customer care

The Zerodha customer care team is well trained. They are always ready to provide an answer to all of your questions and inquiries. 

The Zerodha team is willing to respond to you at any time of the day and they can be reached via various online and offline platforms. 

You can reach out to the Zerodha support team via telephone, and email. They are also very responsive on Facebook, Twitter, and other social media platforms.

Related Post:   Zerodha Vs Trading Bell Comparison

Zerodha account types

Customers can choose from two account types on the Zerodha platform. The Demat account can be opened online.

Without a Demat account, it is not possible to trade shares and bonds online. 

On the other hand, a Zerodha Trading account is useful for booking investments. 

All the debit and credit on your Zerodha Demat account is done through a Trading account. 

To open an account, you only need to fill a form or register on the Zerodha website. 

The account opening process is instant and spontaneous.

Zerodha Demat account

The Zerodha Demat account makes it possible to invest in equities and mutual funds. 

It also creates an avenue for you to trade daily at a very low rate. Every single share you purchase is stored in this account type.  

Zerodha Brokerage Charges

Zerodha Trading account

The Zerodha trading account is for daily purchase and sale of financial instruments. Shares, bonds, equities, etc. are traded through a trading account.

However, unlike a Zerodha Demat account, a trading account is not designed to hold shares for an extended period of time.

Pros and Cons of Zerodha brokerage 

Pros

  • Zerodha trading brokerage charges are low and fair. This explains why they are the industry leader.
  • Zerodha has tools that make your trading experience enjoyable and memorable.
  • Zero account opening fee. This means you can join the Zerodha family with 0 INR. 
  • There are no hidden charges on the Zerodha platform. Zerodha brokerage charges are spelt out clearly.
  • Unlike other platforms, Zerodha has an in-house system in place for clearing transactions. This means Zerodha customers do not pay clearing charges.
  • Post-paid brokerage plans. This means your account is only debited per successful transactions.

Cons

Conclusion

Zerodha controls a very high percentage of the total market share. Almost two million customers and traders are registered on the Zerodha platform… 

Despite blazing a trail, the Zerodha team continues to strive for perfection and improvement on a daily basis. 

Brokerage charges for Zerodha transactions are clearly started at the point of initiating the transaction.

Year after year, the company continues to grow in leaps and bounds. Zerodha is one of the largest contributors to the Indian retail market.

The company does not only offer financial services, traders and investors can also get financial education if they choose Zerodha as their stockbroker. 

Over 1.5 million customers make use of the Zerodha platform every day.

This large number of transactions is not unconnected with the fact that Zerodha brokerage charges are low, fair, and very reasonable.

Zerodha Account Opening

FAQs About Zerodha Brokerage Charges

How much is needed to open an account with Zerodha?

Document- pan, aadhar, signature, email, mobile number.

Does Zerodha have brokerage charges?

Yes, there are brokerage charges. However, Zerodha brokerage charges are not high.

Is there an update on Zerodha brokerage charges 2020?

The information on the amount and rate of Zerodha commodity brokerage charges, Zerodha intraday brokerage charges, and all others on the Zerodha brokerage charges list remains the same 

There is no change in Zerodha brokerage charges 2020 from previous years. Any update will be communicated through the company’s website.

Is there a tool for calculating brokerage charges in Zerodha?

Yes, there is. Brokerage charges Zerodha can be calculated with the Zerodha brokerage charges calculator. 

This information is for those who do not know how to check brokerage charges in Zerodha. 

Are Zerodha brokerage plans post-paid or prepaid?

All Zerodha brokerage plans are post-paid. All plans are pay-as-you-go.

Share on whatsapp
Share on facebook
Share on twitter
Share on linkedin