Are you tired of paying high brokerage?
Want better spreads for your trades?
Want all advanced charts at your disposal?
If the answer to all the above questions is yes, then it may be time for you to experience Zerodha. Zerodha means 0 barriers to trading. You get to pay only Rs 20 flat brokerage, irrespective of the number of lots traded. What more, equity investments are not charged any brokerage.
Zerodha is where stock broking meets technology. Zerodha has over 3.5 lakh+ satisfied customers and accounts for 5% of the daily retail trading volumes across NSE, BSE and MCX. Zerodha is also the recipient of various prestigious awards like Emerging Brokerage Award, Startup of the Year to name a few.
Zerodha is a discount broker which means that you are charged little to no brokerage on your trades. Zerodha offers absolutely free equity and direct mutual fund investments. Also it charges only Rs 20 on all intraday, F&O, currency, and commodity trades across NSE, BSE, MCX.
Kite is a slick, full fledged HTML5 trading platform with streaming market data, advanced charts, an elegant UI, and more. It is available on Android and IOS as well. There is also the Kite API, if you wish to gain programmatic access to data such as profile and funds information, order history, positions, live quotes etc.
Q is a complete trade reporting console and dashboard.It has a nice donut chart to give a graphical representation of your holdings and their value. You can add and withdraw funds, refer friends to earn some referral income. There is also a nice 60 day challenge, where all your brokerage up to a maximum limit is refunded in case you stay profitable at the end of 60 days. Great isn’t it?
The latest addition to the Zerodha family is COIN. The COIN platform lets you buy mutual funds directly from asset management companies without having to pay any commission.
This is another interesting initiative from Zerodha. Open Trade platform gives real-time trade updates from profitable traders. You can pick and follow traders based on their trading style and verified profitability report. Rather than learning from your mistakes, you can learn from those that are winning.
PI is the desktop trading platform for Zerodha. It has got a neat UI, great charting features, scripting essentials and analysis all packaged in a single software. The platform is fast and provides ease of order entry and execution.
Pros and Cons
|Low Brokerage and Transaction charges||Can’t invest in IPO through Zerodha|
|Great Technology support||Call and Trade is not free|
|60 Day Challenge (Win it and get a Brokerage Refund)|
I have tried many different broking houses and find Zerodha to be the best. It’s low brokerage coupled with superior technology makes trading a breeze. The charting software is simply the best and has helped me make profits while trading using the PI platform.
You might be interested to know How I made over 100K trading the markets?