Zerodha 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.
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Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

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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
Debt FY11/12 0
Debt FY12/13 0
Debt FY13/14 0
Debt FY14/15 0
Debt FY15/16
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
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
Online Presence
Online Presence

Google trend over time

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Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

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Active clients - 2013 17,523
Active clients - 2014 30,379
Active clients - 2015 61,970
Active clients - 2016 1,28,736
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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
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Account Opening Costs

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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
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Transparency & other costs

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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
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Software
Web/HTML 5
Mobile
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Charting

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Intraday 365 days on Zerodha Pi
End of Day 10 years on Zerodha Pi
Coding/Backtesting
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Reporting

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Online Trade Reports
Online PNL Reports
Online Contract Notes
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Margins

Leverage Provided

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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
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Support & Tools

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Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
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Convenience

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3 in 1 Account
Instant Fund withdrawal
Relationship Managers

Reviews on Zerodha

Kris

15 May 2014

If 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 2014

I 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

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 2014

Bhai 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 2015

good 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 2014

Thanks 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 2014

Hi 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 2015

How 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 !!

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NEWS ON ZERODHA

Zerodha launches books to teach money skills to kids - Economic Times

20 February 2017

Teaching money skills to little children is not easy because it is a boring subject and they easily lose interest. But a set of books brought out by brokerage firm Zerodha might help inculcate financial literacy in a fun manner. The five-book series ...

Zerodha's Client Base grows to 2.2 lakhs in 1 year - Equity Bulls

19 February 2017

Speaking more on the business development, Nithin Kamath, Founder & CEO, Zerodha, said, "The investor participation in India is still very shallow; around 5 million investors who have traded once a year and not more than 1 million Indians who have ...

Gunning for profits of Rs 120cr, bootstrapped Zerodha is getting bigger for the pond - YourStory.com

14 February 2017

“We will hit revenue of Rs 220 crore and make a profit of Rs 120 crore by the end of this financial year,” said a nonchalant 37-year-old Nithin Kamath, Founder and CEO of Zerodha, a brokerage firm. While startups are looking closely at funding ...

1From IVCA's Rajat Tandon to Zerodha founder Nithin Kamath, business heads share secrets on saving money - Economic Times

02 February 2017

Rajat Tandon President, IVCA (Indian Private Equity and Venture Capital Association) I don't put all the eggs in one basket. I invest some percentage in fixed deposits of the government (20 per cent), mutual funds (40 per cent) and in the equity market ...

India's Zerodha to offer commission-free services to local retail stock investors - The Island.lk (subscription)

25 January 2017

One of Indian's leading discount retail stock brokering firms, Zerodha, will be investing in a brokering firm in Sri Lanka to offer commission free services to retail investors to boost the stock market, which is now one of the most inactive stock ...

Zerodha's client base swells to 1.90 lakh in 12 months - Hindu Business Line

15 December 2016

Zerodha, the country's largest discount broker, says it has doubled its client base to 1.90 lakh in the last 12 months after it introduced zero brokerage rates for equity delivery traders. Last December, Zerodha's client base had stood at just under a ...