Zerodha Vs Astha Trade – Which One Is Better? Side-By-Side Comparison

Zerodha Vs Astha Trade – Comparison:

Comparing Zerodha vs Astha Trade in terms of all product-wise details which are essential for every investor we get a detailed study.  In this comparative assessment, we focused on the advantages and disadvantages of both the broker for the knowledge of investors.

Zerodha is the largest discount broker of India for providing the best online trading platform, high exposure in exchange for low brokerage, free mutual fund investment (using the platform) and a lot more.

Based on Bangalore it has 9lakhs customer base, 22 branch offices, 94 associate office, and 6 support-call & trade offices. 

On the other hand, Bhopal based discount broker Astha Trade, listed under BSE, NSE, NCDEX & MCX-SX started its journey in 2003. It is a renowned name in the stockbroking industry. 

Notable Features: 

Zerodha: 

  1. Offers direct mutual fund investment using their portal for free. 
  2. In association with IDFC, it provides 3-in-1 account facilities. 
  3. The trading terminal is best among all the other market competitors.
  4. It provides the best quality of customer support.
  5. Facilitate free fund transfer using UPI.

Astha Trade:

  1. The AMC for trading & AMC for the DEMAT account is zero. 
  2. The commodity trading option is unavailable.
  3. Higher in transaction charges. 
  4. The trading terminal is not up to date. 
  5. Holiday & referral offers on brokerage are available. 
Zerodha Vs Astha Trade
Zerodha Vs Astha Trade

Zerodha Vs Astha Trade Overall Company Details: 

Comparing Zerodha vs Astha Trade based on overall customer service we derived the below-mentioned details. Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

OverviewZerodhaAstha Trade
Company TypePrivatePrivate
Broker TypeDiscount BrokerFull-Service Broker
HeadquartersBangalore, IndiaBhopal, Madhya Pradesh
FounderNithin KamathSaksham Dumra
Established Year20102005

Comparison on Customer Ratings:

Comparing Zerodha vs Astha Trade based on Customer Ratings we get this information.

Here we can see that regarding experience & research work, Astha Trade is leading but in the remaining segments such as products, services, brokerage charges & platforms Zerodha is winning the race.

Customer RatingsZerodhaAstha Trade
On Experience5.7 out of 105.8 out of 10
On Products & Services8.5 out of 106.1 out of 10
On Brokerage Charges & Fees9.5 out of 105.9 out of 10
On Stock Research & Advisory4.0 out of 106.0 out of 10
On Trading Platforms9.0 out of 106.2 out of 10
On Overall Ratings7.4 out of 106.0 out of  VVVVV10
On Star Ratings★★★★★★★★☆☆

Zerodha and Astha Trade AOC & AMC: 

Here we have compared Zerodha and Astha Trade based on account opening charge & account maintenance charge. Here we can see from the below contrast that Zerodha offers free AMC on the trading account along with zero margin money criteria.

Whereas, Astha Trade provides free trading AMC only. 

Demat ServicesZerodhaAstha Trade
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesRs.300Rs.650
Demat AMC ChargesRs.300 per AnnumRs.300 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.5,000
Offline to Online

Zerodha Vs Astha Trade Brokerage Charge:

Contrasting Zerodha vs Astha Trade based on Brokerage Charge we get the below details. Here we can see that Astha Trade offers a percentage based brokerage charge structure.

While Zerodha has a very economical flat fee-based brokerage charge. Astha Trade charges a minimum brokerage on executed orders but there is no such minimum brokerage in Zerodha.

Brokerage Charge & FeesZerodha BrokerageAstha Trade Brokerage
Equity Delivery TradingZero0.10%
Equity Intraday TradingRs.200.01%
Commodity Options TradingRs.200.01%
Equity Futures TradingRs.200.01%
Equity Options TradingRs.20 per LotRs.10 per lot
Currency Futures TradingRs.200.01%
Currency Options TradingRs.20 per LotRs.10 per lot
Minimum BrokerageZeroRs.10 per executed order
Demat AMC ChargesRs.300 per AnnumRs.300
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.5,000

Comparison on Administrative Charge: 

In terms of Administrative transactional charge, we here compared Zerodha vs Astha Trade as below.

We can see that both the broker share a similar charge structure excluding transaction charge criteria. In these criteria, Zerodha is expensive than Astha Trade.

Other ChargesZerodhaAstha Trade
Transaction Charges0.00325% of Total Turnover0.00280% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Zerodha or Astha Trade Offers: 

Contrasting Zerodha or Astha Trade we get the below comparison on offers. We here can see that in terms of offers Astha Trade is offering more offers than Zerodha. 

OffersZerodhaAstha Trade
Free Demat Account
Free Trading Account
Discount on Brokerage
Trading Happy Hours
Flexible Brokerage Plans
1 Month Brokerage Free
Holiday Offers
Referral Offers
Zero Brokerage for
Loss Making Trades

Comparison on Services Offered: 

Comparing Zerodha vs Astha Trade based on their service offering we derived the below comparison:

ServicesZerodhaAstha Trade
Demat Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robo Advisory
PMS
Trading Institution
Trading ExposureMaximum 28xMaximum 10X

Zerodha Vs Astha Trade Research & Advisory: 

Contrasting Zerodha vs Astha Trade based on their research & advisory offering we received the below comparison. Here we can see in the below table that Astha Trade offers different advisory supports, where Zerodha doesn’t provide any.

Research & AdvisoryZerodhaAstha Trade
Fundamental Reports
Research Reports
Company Reports
Annual Reports
Company Stock Review
Free Stock Tips
IPO Reports
Top Picks
Daily Market Review
Monthly Reports
Weekly Reports
Offline Advisory
Relationship Manager

Zerodha Vs Astha Trade Margin/ Exposure/ Leverage 

Considering Zerodha vs Astha Trade based on product-wise leverage we get the below details. 

Exposure / LeverageZerodha MarginAstha Trade Margin
Equity DeliveryMaximum 20xMaximum 3X
Equity IntradayMaximum 28xMaximum 10X
Equity FuturesMaximum 15xMaximum 4X
Equity OptionsMaximum 8xMaximum 6X
Currency FuturesMaximum 12xMaximum 4X
Currency OptionsMaximum 8xMaximum 6X
CommoditiesMaximum 17xMaximum 5X

Comparison of Products: 

Assessing Zerodha vs Astha Trade based on their product offering we derived the below comparison. We can see in this below comparison that both Astha Trade & Zerodha offers the same products to their investors.

ProductsZerodhaAstha Trade
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Forex
Banking
SIP
Insurance

Zerodha Vs Astha Trade Trading Platforms: 

Because of the trading terminal offering of Zerodha vs  Astha Trade, we compared them as below.  

Trading PlatformsZerodha Trading
Platforms
Astha Trade
Trading Platforms
Desktop Platform – Windows
Desktop Platform – Mac
Desktop Browser Platform
Mobile Site Platform
Android App Platform
iOS App Platform
Windows App Platform
Other Mobile OS Platform
Real-time Updates
Portfolio Details
Online MF Buy
News Flash
Research Reports
Easy Installation
Global Indices
Stock Tips
Personalized Advisory
Interactive Charts
Live Markets
SMS Alerts
Email Alerts
Multi-Account Management

Zerodha & Astha Trade Customer Support: 

Comparing customer assistance, we here have compared Zerodha vs Astha Trade as below. We can see from the below chart that both Zerodha & Astha Trade doesn’t provide dedicated dealers, offline trading (as it is a discount broker)& toll-free number.

Apart from that Astha Trade doesn’t facilitate 24X7 support also. 

Customer SupportZerodhaAstha Trade
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Email Support
Chat Support
Toll-Free Number
BranchesZero118
Astha Trade Demat Account
zerodha vs astha trade – Astha Trade Demat Account

Comparison of Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Zerodha vs Astha Trade based on their customer complaint handling in the below table. 

Complaints (Current Year)ZerodhaAstha Trade
Lodged in BSE12035
Resolved in BSE11735
Lodged in NSE8948
Resolved in NSE8546

Zerodha Call Back Request

Astha Trade Call Back Request

Conclusion:

Finally, we can conclude that Astha Trade (discount broker) has a huge offering for its customers just like its market reputation. But Zerodha (discount broker) offers lower charges to its customers.

Still, it should be kept in mind that individual investors should opt the broker between Zerodha and Astha Trade as per his need only.

open zerodha demat account
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Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years. I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.