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Zerodha Vs Trading Bell Comparison

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Zerodha Vs Trading Bell

Assessing Zerodha vs Trading Bell in terms of all product-wise details which are essential for every investor we get the 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. 

Whereas, Trading Bells is the online broking wing of Swastika Investment incorporated in the year 1992 based on Mumbai, Maharashtra. It has a membership of BSE, NCDEX & MCX-SX, ICEX & USE.

It has more than 100 branches across PAN India to assist customers to manage their portfolio and advise them regarding investment. 

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.
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Trading Bell: 

  1. Offers to trade in Mutual Fund & Fixed deposit. 
  2. They have their technical analysis team & research team to assist investors. 
  3. Famed up for extending the hand in Margin Funding and LAS. 
  4. Facilitate online trading 24X7 using the software.
  5. The equity trading service is free. 
Zerodha Vs Trading Bell Comparison

Comparison on Segment-Wise Service Ratings:

Comparing Zerodha vs Trading Bell based on customer service review we get the below-mentioned information.

We can see from the below table, that in terms of the investment offering & brokerage charge Zerodha & Trading Bell are similar in rating. But in terms of trading platform & customer support, Zerodha is a step ahead of Trading Bell.

 ParticularsZerodhaTradingBells
Overall Rating4.5 out of 54 out of 5
Brokerage Charges4.5 out of 54.5 out of 5
Trading Platform4.5 out of 53.5 out of 5
Investments Offering4 out of 54 out of 5
Customer Service4.5 out of 54 out of 5
Broker Type Discount BrokerDiscount Broker
Exchanges Supported NSE, BSE, MCX-SX, MCXNSE, BSE, MCX-SX,
MCX, NCDEX

Zerodha Vs Trading Bell AOC & AMC: 

Comparing Zerodha vs Trading Bells based on AOC & AMC we get the below information. Both the broker offers free AMC on trading and free DEMAT Account opening. 

ChargesZerodhaTradingBells
Trading Account Opening FeesOnline 200 Rupees (T+D), 300 Rupees (T+D+C).
Offline 400 Rupees (T+D), 600 Rupees (T+D+C). T*Trading, D*Demat, C*Commodity
300 Rupees
Trading AMCFreeFree
Demat Account Opening FeesFreeFree
Demat AMC300 Rupees PA250 Rupees PA
Provide DP Service

Zerodha Vs Trading Bell Brokerage Plan: 

There is no brokerage plan offered by Zerodha to the customer. Whereas, Trade Bells offers multiple types of brokerage plans to their customer. Details mentioned here below: 

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Plan TypesZerodha Brokerage TradingBells Brokerage
Multiple Brokerage Plans
Monthly Brokerage Plans
Yearly Brokerage Plans

Comparison of Brokerage Fee: 

Comparing Zerodha vs Trading Bells based on brokerage fee offering we get the below-mentioned information. Both Zerodha & Trading Bells have a percentage based brokerage fee structure for its investors. Both the broker doesn’t have any minimum brokerage criteria. 

ParticularsZerodhaTradingBells
Plan NameMax 20 Rupees per order Trading PlanMax 20 Rupees Per Order Trading Plan
Equity DeliveryFreeFree
Equity Intraday0.01% or 20 Rupees whichever is lower0.01% or 20 Rupees whichever is lower
Equity Futures0.01% or 20 Rupees whichever is lower0.01% or 20 Rupees whichever is lower
Equity OptionsFlat Fee 20 RupeesFlat Fee 20 Rupees
Currency Futures0.01% or 20 Rupees whichever is lower0.01% or 20 Rupees whichever is lower
Currency OptionsFlat Fee 20 RupeesFlat Fee 20 Rupees
Commodity TradingFlat Fee 20 RupeesFlat Fee 20 Rupees
Minimum BrokerageNILNIL
Hidden ChargesNoInfo Not Available
FundingInfo Not AvailableInfo Not Available
Call & Trade Charges20 Rupees Per Executable OrderInfo Not Available

Comparison on Transaction Charge: 

Contrasting Zerodha vs Trading Bells on transaction charge we get the below details. Here we can see that the transaction charge for Zerodha & Trading Bells in terms of equity delivery, equity Intraday, currency future, & currency options are the same. Whereas, in terms of equity futures, equity options- Trading Bells have a greater charge than Zerodha. 

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ParticularsZerodhaTradingBells
Equity Delivery325 Rupees Per Cr325 Rupees Per Cr
Equity Intraday325 Rupees Per Cr325 Rupees Per Cr
Equity Futures190 Rupees Per Cr210 Rupees Per Cr
Equity Options5000 Rupees Per Cr6000 Rupees Per Cr
Currency Futures135 Rupees Per Cr135 Rupees Per Cr
Currency Options4400 Rupees Per Cr4400 Rupees Per Cr
CommodityNon-Agri: 360 Rupees Per Cr 
Agri: 275 Rupees Per Cr
Non-Agri: 310 Rupees Per Cr 
Agri: 225 Rupees Per Cr

Comparison on Account Feature:

Assessing Zerodha vs Trading Bells based on account feature we derived the below-mentioned table. 

ParticularsZerodhaTradingBells
3 in 1 Account Services
Charting Services
Algo Trading Services
SMS Alerts Services
Online Demo Services
Online Portfolio Services
Margin Trading Funding Services
Combined Ledger for Equity and
Commodity Services
Intraday Square-off Time Services3:15 PM3:15 PM
NRI Trading Services
Other ServicesNILNIL

Compare Trading Terminal:

A trading platform is an essential feature mandatorily offered by any broker. Nowadays investors attract mostly over better & smarter technology. Here we have compared Zerodha vs Trading Bells based on their trading terminal offering: 

ParticularsZerodhaTradingBells
Desktop Trading PlatformZerodha PIODIN/NSE NOW
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detailkite.zerodha.com/
Mobile Site
Mobile Trading
Mobile Trading AppZerodha KiteSwastika Mobile
Android Mobile App
iPhone Mobile App (IOS)
Android Tablet App
iPad App (IOS)
Trading Software ChargesFreeNo Info Available

Comparison of Products: 

Comparing Zerodha vs Trading Bells based on their product offering we derived this below information. 

ParticularsZerodhaTradingBells
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment OptionsNILNBFC, Merchant Banking

Comparison of Leverage:

Considering the Leverage we here have compared Zerodha vs Trading Bells as below: 

ParticularsZerodha MarginTradingBells Margin
Equity Delivery Leverage No Delivery leverage.Info Not Available
Equity Intraday Leverage Maximum 10x or 10% considering Variable and ELM.Maximum 10x or 10% considering Variable and ELM.
Futures Leverage 1x implies real SPAN + Exposure.1x implies real SPAN + Exposure.
Options Leverage 1x implies real SPAN + Disclosure in Sell and Superior Margin in Purchase.1x implies real SPAN + Disclosure in Sell and Superior Margin in Purchase.
Equity CO Leverage Maximum 10x or 10% considering Variable and ELM, no further leverage for Cover Order.Maximum 10x or 10% considering Variable and ELM, no further leverage for Cover Order.
Futures CO Leverage 1x implies real SPAN + Disclosure margin, No further Leverage for Futures Cover Order.1x implies real SPAN + Disclosure margin, No further Leverage for Futures Cover Order.
Options CO Leverage 1x implies real SPAN + Disclosure margin (Sell) or Superior Margin(Purchase), No further Leverage for Options Cover Order.1x implies real SPAN + Disclosure margin (Sell) or Superior Margin(Purchase), No further Leverage for Options Cover Order.
Commodity Leverage 1x implies real SPAN + Disclosure in Sell and Superior Margin in Purchase.1x implies real SPAN + Disclosure in Sell and Superior Margin in Purchase.

Zerodha Vs Trading Bell Customer Assistance: 

Better customer support is nowadays a key feature to attract customers. Zerodha & Trading Bells is no exception to this. In terms of customer assistance, we have compared Zerodha vs Trading Bells as below: 

ParticularsZerodhaTradingBells
24/7 Customer Service 
Email Support 
Onine Live Chat
Phone Support 
Toll Free Number 
Through Branches
Customer Care Number “+ 91 80 4040 2020”Info Not Available
Account Opening Process Online/PaperlessInfo Not Available
Customer Support Email [email protected]Info Not Available
Knowledge Center/Education https://support.zerodha.com/Info Not Available
Head Office Address Zerodha Headquarter
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore – 560078
Info Not Available
Website https://zerodha.com/Info Not Available
open trading bells demat account

Comparison of DEMAT Account Feature: 

Comparing Zerodha vs Trading Bells based on the DEMAT account feature we derived the below-mentioned information. 

Particulars ZerodhaTradingBells
DP SourceCDSLCDSL
DP ID 81600No
Demat Account Annual Maintenance Charges(AMC)300 Rupees pa1000 Rupees one time
Advance DepositNil(A)-*2000 Rupees (Individual and HUF)/6500 Rupees (Corporates) if BO opts for Deposit Scheme..
(B)- One Time deposit 1000/- Rupees (Non-Refundable) For Individual & HUF 3500/- Rupees (Non-Refundable) Entities other than above
Statutory charges50 RupeesNil
Transaction Charges on Debit (Per ISIN)8 Rupees + 5.50 Rupees (CDSL Charges) per transaction0.02% of transaction value (Min 17 Rupees)
Demat150 Rupees per certificate + 100 Rupees courier charges2Rupees per certificate + courier charges
Remat150 Rupees per certificate + 100 Rupees courier charges + CDSL Charges25 Rupees for every hundred securities (Min 50 Rupees) + CDSL charges
Pledge Creation20 Rupees + 12 Rupees CSDL charges0.02% of transaction value (Min 50 Rupees)
Pledge Creation ConfirmationNilNil
Pledge Closure20 Rupees + 12 Rupees CSDL charges0.02% of transaction value (Min 50 Rupees)
Pledge Closure ConfirmationNilNil
Pledge Invocation20 Rupees0.02% of the transaction value (Min 50 Rupees)
Failed Instruction Charges50 Rupees per instruction20 Rupees
Other ChargesNilNil
zerodha demat account

Conclusion: 

Zerodha and Trading Bells both are renowned in their segments for different amenities they offer to the investors. Zerodha is leading in this comparison for being outstanding in terms of online assistance and economic charge.

Whereas, Trading Bells is a trusted brand with thousands of happy customers. But choosing of broker should be done keeping in mind the exact & individual needs.

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