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Tradesmartonline
Zerodha
Zerodha

Background

Year of Incorporation 1994 as VNS Finance & Capital 2010
Website http://www.tradesmartonline.in http://www.zerodha.com
Phone 022-42878000 080-40402020
Exchanges enabled NSE, BSE NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL) CDSL CDSL - ZERODHA SECURITIES PVT. LTD.
Background Rating


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

Profit after Tax FY11/12 Rs 4 Lakhs Rs 2.3 Crores
Profit after Tax FY12/13 Rs 17 Lakhs Rs 5.8 Crores
Profit after Tax FY13/14 Rs 23 Lakhs Rs 10.27 Crores
Profit after Tax FY 14/15 Rs 1.2 Crores Rs 19.3 Crores
Profit after Tax FY 15/16 NA Rs 44.2 Crores
Profit after Tax FY 16/17 NA Rs 88.4 Crores
Profit after Tax FY17/18 1.9 Cores Rs 224 Crores
Debt FY11/12 Rs 8.7 Lakhs 0
Debt FY12/13 Rs 6 Lakhs 0
Debt FY13/14 Rs 3.05 Crores 0
Debt FY14/15 Rs 4.4 Crores 0
Debt FY15/16 NA 0
Debt FY 16/17 NA 0
Debt FY 17/18 Rs 8.7 Crores 0
Profit to Equity(%) FY11/12 0.99 152
Profit to Equity(%) FY12/13 2.63 244
Profit to Equity(%) FY13/14 3.54 147
Profit to Equity(%) FY14/15 19 120
Profit to Equity(%) FY15/16 NA 169
Profit to Equity(%) FY16/17 NA 168
Profit to Equity(%) FY17/18 18 180
Balance Sheet Size FY11/12 Rs 9.26 Crores Rs 25.4 Crores
Balance Sheet Size FY12/13 Rs 9.28 Crores Rs 64.5 Crores
Balance Sheet Size FY13/14 Rs 22.35 Crores Rs 111.1 Crores
Balance Sheet Size FY14/15 Rs 36 Crores Rs 198 Crores
Balance Sheet Size FY15/16 NA Rs 417.8 Crores
Balance Sheet Size FY16/17 NA Rs 1072 Crores
Balance Sheet Size FY17/18 Rs 57.6 Crores Rs 2300 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. 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.

Active clients - 2013 4,223 17,523
Active clients - 2014 7,542 30,379
Active clients - 2015 9,644 61,970
Active clients - 2016 10,944 1,28,736
Active clients - 2017 NA 4,11,796
Active clients - 2018 22,091 8,47,000
Active clients Rating


Brokerage

Equity Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Rs 20/executed order or 0.01% whichever is lower
Equity Options Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Rs 20/executed order or 0.01% whichever is lower
Currency Futures Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Rs 20/executed order or 0.01% whichever is lower
Currency Options Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Rs 20/executed order or 0.01% whichever is lower
Commodity NA Rs 20/executed order or 0.01% whichever is lower
Brokerage Rating


Account Opening Costs

Trading only Rs 400 Rs 300 if couriered & Rs 200 if you print the form
Trading & Demat Rs 400 Rs 200 if couriered & Rs 100 if you print the form
Commodity NA Rs 300 if couriered & Rs 200 if you print the form
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% of Turnover 0.00325% on Turnover
Futures 0.0024% of Turnover 0.0019% on Contract Turnover
Options 0.0715% of Premium Turnover   0.05% on Premium Turnover
Commodities NA 0.0026% on Contract turnover
AMC charge Rs 300/yr Trading: 0, Demat: Rs 300/year
DP Transaction Charge Rs 15/debit instruction Rs 14 per debit instruction
Offline order placing Charge Rs 20/executed order Rs 20 per executed order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 5 days on NOW 365 days on Zerodha Pi
End of Day 10 years on NOW 10 years on Zerodha Pi
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports  
Online PNL Reports  
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 5 times for intraday, 0 for delivery Upto 20 times intraday, 0 for Delivery
Equity Futures Upto 2 times for intraday Upto 7 times intraday leverage
Equity Options No Margin Buying no leverage, Shorting upto 7 times leverage intrdaday
Currency Futures Upto 2 times for intraday 2 times intraday leverage
Currency Options No Margin Buying no leverage, Shorting upto 2 times intraday leverage
Commodity NA 2.5 times intraday leverage
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review

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