Zerodha 
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| Year of Incorporation | 2010 |
| Website | http://www.zerodha.com |
| Phone | 080-40402020 |
| Exchanges enabled | NSE, BSE, MCX-SX & MCX |
| Demat (NSDL/CDSL) | CDSL - ZERODHA SECURITIES PVT. LTD. |
| Profit after Tax FY11/12 | Rs 2.3 Crores |
| Profit after Tax FY12/13 | Rs 5.8 Crores |
| Profit after Tax FY13/14 | Rs 10.27 Crores |
| Profit after Tax FY 14/15 | Rs 19.3 Crores |
| Profit after Tax FY 15/16 | Rs 44.2 Crores |
| Debt FY11/12 | 0 |
| Debt FY12/13 | 0 |
| Debt FY13/14 | 0 |
| Debt FY14/15 | 0 |
| Debt FY15/16 | 0 |
| Profit to Equity(%) FY11/12 | 152 |
| Profit to Equity(%) FY12/13 | 244 |
| Profit to Equity(%) FY13/14 | 147 |
| Profit to Equity(%) FY14/15 | 120 |
| Profit to Equity(%) FY15/16 | 169 |
| Balance Sheet Size FY11/12 | Rs 25.4 Crores |
| Balance Sheet Size FY12/13 | Rs 64.5 Crores |
| Balance Sheet Size FY13/14 | Rs 111.1 Crores |
| Balance Sheet Size FY14/15 | Rs 198 Crores |
| Balance Sheet Size FY15/16 | Rs 417.8 Crores |
Google trend over time
| Active clients - 2013 | 17,523 |
| Active clients - 2014 | 30,379 |
| Active clients - 2015 | 61,970 |
| Active clients - 2016 | 1,28,736 |
| Equity | 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) |
| Equity Futures | Rs 20/executed order or 0.01% whichever is lower |
| Equity Options | Rs 20/executed order or 0.01% whichever is lower |
| Currency Futures | Rs 20/executed order or 0.01% whichever is lower |
| Currency Options | Rs 20/executed order or 0.01% whichever is lower |
| Commodity | Rs 20/executed order or 0.01% whichever is lower |
| Trading only | Rs 300 if couriered & Rs 200 if you print the form |
| Trading & Demat | Rs 200 if couriered & Rs 100 if you print the form |
| Commodity | Rs 300 if couriered & Rs 200 if you print the form |
| Equity | 0.00325% on Turnover |
| Futures | 0.0021% on Contract Turnover |
| Options | 0.053% on Premium Turnover |
| Commodities | 0.0031% on Contract turnover |
| AMC charge | Trading: 0, Demat: Rs 300/year |
| DP Transaction Charge | Rs 14 per debit instruction |
| Offline order placing Charge | Rs 20 per executed order |
| Software |  |
| Web/HTML 5 | |
| Mobile | |
| Intraday | 365 days on Zerodha Pi |
| End of Day | 10 years on Zerodha Pi |
| Coding/Backtesting | |
| Online Trade Reports | |
| Online PNL Reports | |
| Online Contract Notes | |
| Equity | Upto 20 times intraday, 0 for Delivery |
| Equity Futures | Upto 7 times intraday leverage |
| Equity Options | Buying no leverage, Shorting upto 7 times leverage intrdaday |
| Currency Futures | 2 times intraday leverage |
| Currency Options | Buying no leverage, Shorting upto 2 times intraday leverage |
| Commodity | 2.5 times intraday leverage |
| Research & Tips |  |
| Brokerage Calculator | |
| Margin Calculator | |
| Bracket orders & Trailing Stoploss | |
| Training & Education | |
| 3 in 1 Account | |
| Instant Fund withdrawal | |
| Relationship Managers | |
| Zerodha is the biggest discount broker in India and is well known for its cutting edge and intuitive platforms. Pros: Great pricing and platforms, responsive support. Cons: No margin funding. Read More |
Reviews on Zerodha
Ankit Bhardwaj 
15 May 2014 Zerodha has everything required to be the top class broker which not only provides good services but also gives an edge to retail trader to be ahead in the game. Cons- Zerodha Trader(Software) sucks big time slow and feeds stop coming many times in a day, my other trading platform run fine while ZT stops giving data feed.
Navneet Sharma
18 May 2014 I have recommended a few friends of mine to open account with Zerodha in the past and I am still getting referral income for that. But After opening account with Wisdom Capital I would say Zerodha is notworth of it at current scenarios. Zerodha is lagging behind Wisdom Capital in these aspects. Account/Demat opening charges are zero with WC - Zorodha is charging 500. WC is liberal in Intraday Margins. Brokerage is 55% lesser than Zerodha incomparison to Wisdom Capital.
NSE&BSE
18 May 2014Bhai mere, you guys spam everywhere and not even listed on SEBI/NSE website, just making false claims...
Sanjiv Goenka
19 May 2014 It was around end of 2012 that my Advance brokerage that I had paid with my broker finally was getting over and I was searching for a new broker..Did my survey on the Internet..RK Global/BMC Wealth creators were the obvious choices considering I was based in Kolkata but the reviews for these brokers were not very favorable online...Had heard a lot of complaints against them..Chanced upon Zerodha a broker based out of Bangalore..Was hesitant at first because I had never heard of them but decided to give it a try...When I spoke to their Sales Executive he was reasonably well informed and gave me the details..Opened an account in my wife’s name..The account was opened in 2 days...Have had issues with the trading terminal hanging but this was resolved by the customer care.. Pros: a) Quick Account Opening b) No hidden charges c) Decent Customer Service d) No call from RM asking me to place trades. Cons: a) No Local Support.. Have to call STD to place call and trade.. b) Less Leverage for trading c) No tra
NSE&BSE
07 June 2014 Loving trading with Zerodha and all their initiatives, 60 day, zconnect, bracket orders, trailing stoploss, tradingQ&A, reporting and so many more.. The only problem I have is that they don't have a mobile app for iphone.
aarif@gmail.com
15 October 2015good broker but I suggested a new one MyValueTrade
Ravi Behal
04 August 2014 I have been trading with Venture for 3 years but I think there are better brokers now. I like Zerodha but not sure, anybody has account with them can tell me there experience plz !!
Purva Mhatre
04 September 2014 Two & half years back, I came across Zerodha and was surprised to know about a broker who was so much competitive in the Market. I started digging more info about Zerodha and was happy with my findings. Still I waited for 2-3 months to Open account. Somehow, I was being suspicious since the brokerage rates were too good to resist and unbelievably low. Finally, I went ahead with account opening. I kept a proper tab on my account transactions and other things. And, aha, I surely knew this was the best decision to Open account with Zerodha. Zerodha is not brokerage oriented firm, instead they are truly customer oriented in every aspect. These guys are good at Customer Service and their operations are transparent. I know that the trading software has a few issues but its still better than many others. I am awaiting their new trading platform and I am sure it is going to give them edge over every other broker in this country!!!
Vijay Deb
08 September 2014Thanks Purva, one of the rare positive reviews I am seeing on this site, since you are a 2 yrs old customer it makes sense for me to call them :)
manohar
10 September 2014 HI TO ALL I HAVE FOUND THIS FROM GOOGLE PLEASE CHECK THIS COMPANEY IS OFFERING THE CHEAPEST BROKERAGE AND UNLIMITED BROKERAGE SERVICES IN INDIA HERE ARE THE DETAILS :- SVLNS FINANCIAL SERVICES PVT. LTD., offering ‘Zero Brokerage’ @ Rs 1/-PER LOT in NSE FEAUTURES AND OPTIONS SEGMENT for Online trading customers. SVLNS FINANCIAL SERVICES OFFERS Unlimited BROKERAGE FREE TRADING Plan is India’s first Unlimited Trading, Zero Brokerage plan.@ JUST 999/- per month for both NSE- EQUITYS AND F&O SEGMENTS , you can do as many trades as you want and pay 0% brokerage and zero fees. It truly “frees” you from paying brokerage and fees! PLANS OFFERED :- 1. 1/- ONE RUPEE PER LOT IN F&O SEGMENT AND ZERO BROKERAGE IN EQUITIES SEGMENT 2. 999/- FIXED AND UNLIMITED BROKERAGE OPTION IN BOTH EQUITY AND F&O PER MONTH THEIR WEB ID :- SVLNS.NET
Raghav Patel
10 September 2014Hi Manohar. This Review space is for the Zerodha firm. Would be great if you could write an email to us with the pre-requisite details. We can add SVLNS Financial Services to our list of brokers.
Vijay Deb
26 November 2014 Thanks Purva for recommending Zerodha. 2 and half months of use and I can easily say, Zerodha is the best out there. The Pi platform is a beauty.. Quant, a state of the art sabermetric tool..that is a real help.. service is excellent, they are like Apple man ;-)
Ashraf Sheikh
24 January 2015 Zerodha is better Brokerage House but it needs little more time to b THE BEST from better,V r hopeful that Zerodha will Launch trading Platform soon (Pi) and also reduce Brokerage Rates from Rs=20 to Rs=10/Lot & 0.003 to 0.001/Intraday/delivery I believe That Mr.Nithin wil never disappoint their valved Clients.
Soniya Kar
18 March 2015 Have opened account with Zerodha, they charge low brokerage of Rs. 20, service I would say is alright, mark them high on technology, tools and brokerage, if you has traded before , I would recommend.
Gopi Kuppaswamy
15 May 2015 Opened my account with Zerodha begining of this month, account opening can be lengthy as I had to take printouts of forms and send, account got opened in 48 hrs, so good job there. Their executive gave me a detailed demo of their platform and tools, which I am very impressed with, For Rs. 20 per order, I think this is the best deal in the country, no other discount brokers and providing this kind of platform.
Rachuri
04 July 2015 How can you save 90% on brokerages (Even 100%) with zerodha. 100% Saving on brokerages How? http://niftyoptionscallputeasy.blogspot.in/ Zerodha presents the 60 day challenge which gives traders on equity (stocks and F&O), currency, and commodity exchanges an opportunity to put their trading skills to test. The challenge is open till 30th September 2015 Hurry, Check following link for details For same trade, same quantity, you are paying Rs 586 with major brokers, whereas zerodha charges Rs 90 only. Check youself Check the image for live comparison of Rs 586 and Rs 90. Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective to number of shares or their prices (Except equity delivery where brokerage is 0.10% or Rs 20 per trade whichever is lower). With Zerodha maximum brokerage you pay fo
Rachuri
09 July 2015How Iam making profits with NIFTY Options Call Put Intraday Trading? What is my Strategy? What You need? http://niftyoptionscallputeasy.blogspot.in/ 1. Basic Understanding of Index options, Call Put etc. 2. Good PC and or Laptop with UPS (In case of power failure) 3. Broadband Internet/ 3G Net connection. 4. TV with CNBC Channel (For latest news) 5. Good Android smart phone with 3G Internet and required App's. 6. Good Discount brokerage Account which charges you less brokerages. (Iam Using Zerodha). 7. After having everything set, what do you want. Most Importantly you need some tips from somewhere. Generally small investors trade on news seen on TV. They just watch CNBC or some other channel and makes their own decision to trade. But I have seen that they generally make losses with this approach. Small Investors always think that there are people inside market who can give valuable tips about doing intraday trading. After reaserching in Internet about these tips, I found that these tips do not serves the
Renessme
13 April 2016 Wow, i'hv been trading with zerodha for just 7months from now, i got to know about their referal program, coincidentally i got few frns with the same interest in trading so i refered them through my a/c, wow i keep getting 10% of their brokerage..and Their Kite platform is so simplistic for people like me..i hate too much of technical stuff..so kite's the best in just a click away..so far for me zerodha is the best..havent come across any flaws !! Good Job Zerodha & Team..rise & shine !!
Yash Panani
22 June 2017 Zerodha is truly the pioneer of stock broking industry and also a preferable choice for anyone in the stock market. Its cost model and ever innovating nature keeps them ahead in the game. Its pretty good to see a discount broker which such low costs are bringing up products like Coin that offers direct mutual funds. The only thing they need to work on is their trading platform and make it stable for a better trading experience and launch margin funding. These two will make them unbeatable. I see a lot of new brokers offering lower charges than Zerodha. But what is important is their credibility in the market. Risking your trading experience and your hard earned money to save a couple of bucks is not worth it. Every broker have their own pros and cons. But i'd any day recommend Zerodha over other broker.
NEWS ON ZERODHA
From piggy bank to Dalal Street - The Tribune
21 June 2017
“It was when my seven-year-old asked me what I do for a living, I fumbled,” opens up Karthik, vice-president, educational services, Zerodha. As a pioneer of the discount broking model in India, Bengaluru-based Zerodha is committed to financial literacy ...
Zerodha Introduces 'Rupee Tales' To Familiarize Kids with Basic of Finance - Chandigarh Metro (blog)
21 June 2017
Zerodha, India's leading technology-driven brokerage firm, today announced the launch of India's first kid's book on finance – The Rupee Tales and India's first direct mutual fund and equity platform – Coin. Zerodha recently took a momentous step to ...
How WealthBox is making stock trading a viable option for India's millennial? - YourStory.com
20 June 2017
For first time users, this is helpful since it allows them to build basket of stocks and see results accordingly. Currently, trades and transactions made on the platform are executed by Zerodha, through a backend integration. At present, the firm is ...
Zerodha's boundaries - The Ken (subscription)
23 May 2017
The year of epiphany came in 2015 for Nithin Kamath, the founder of Zerodha, one of the largest discount brokerage firms. Kamath has come a long way from 2010. When his brand new company rode the tidal wave of the worst stock market conditions that ...
Zerodha launches direct mutual fund platform 'coin' - Economic Times
28 March 2017
When you purchase through a distributor, it has an upfront commission of upto 1.5% on your investment and a trail commission of upto 1.5% every year for as long as you are invested in the fund, says Zerodha. "For an informed investor, buying mutual ...
Zerodha records 166% growth in client base - Hindu Business Line
22 March 2017
Zerodha, a discount brokerage firm, has recorded a growth of 166 per cent in client base during the current financial year, according to Karthik Rangappa, vice-president (education services) of Zerodha. Addressing presspersons in Mangaluru on Tuesday, ...
Kris
15 May 2014If they can upgrade their trading platforms to international standards, they will definitely be the best brokerage not only in India, but probably among the best in the world.
Maddy
15 May 2014I felt the importance too, so called the Zerodha office and had a chat they said they are planning for a new platform in the near future... :) very excited