There are two types of stock brokers in India, the first one is a full-service stockbroker and the second one is a discount broker. Full-service stock brokers charge as per a percentage of the transaction value of the trading order made by you. Discount Brokers charge some amount of Rupees for each order. A discount broker does not see the value of your transaction they only charge per order. For example, if you put one order for the purchase of thousands of shares in Reliance, then you only have to give Rs 20 per Executed order brokerages. Customers just need to pay Zerodha brokerage charges + other tranjection charges only.
Zerodha Stock Broker is India’s first discount brokerage company and offers discount brokerage service to its customer.
What is the Zerodha Brokerage Charges for intraday trading?
NSE, BSE, and MCX are given Rs. 20 or 0.01% (whichever is less) per-order on intraday trades in equity, currency and commodity trades.
- Call & Trade and RMS auto-square off, Additional charges of ₹20 per executed order.
- For NRI’s: ₹200 or 0.1% (whichever lower) per executed order.
What is the Zerodha brokerage charges for equity delivery trading?
If you do Equity Delivery Investments in NSE and BSE, then no charge (Rs 0) is taken from you.
List of brokerage charges of Zerodha in all segments.
- Intraday Zerodha Equity Brokerage: 0.01% or Rs 20/ per trade whichever is lower.
- Delivery Zerodha Equity Brokerage Delivery: Rs.0 for Free Unlimited Equity Delivery Trades.
- Zerodha Commodity brokerage: 0.01% or Rs 20/per trade whichever is lower.
- Equity Zerodha Options brokerage: 0.01% or Rs 20/ per trade whichever is lower.
- Equity Zerodha Futures brokerage: 0.01% or Rs 20/ per trade whichever is lower.
- Zerodha currency brokerage (Future and options): 0.01% or Rs 20/ per trade whichever is lower.
- Zerodha mutual fund brokerage: Its brokerage free or Rs. 0 for Mutual fund investments at Zerodha.
How Zerodha helps me reduce my brokerage charges?
Suppose you buy 1000 shares of reliance from Zerodha and sell on that same day, you have to pay 20 rupees for purchase and ₹20 brokerage for selling. If you take delivery of this thousand reliance shares in your Demat account then you do not have to pay anything.
Now, let us assume that the Full-Service Broker takes 0.05 paise for you intra-day trading and 0.020 for delivery trading as a brokerage charge.
In this above scenario, suppose you buy 1000 shares of Reliance from full-service broker at price of ₹800 and sell this 1000 shares on the same day, then you have to pay ₹400 brokerage for buying and ₹402.05 brokerage for selling.
If you take delivery of these 1000 shares, then you have to pay 1600 rupees brokerage for buying and you have to pay 1610 rupees brokerage for selling.
What are the other charges excluding Zerodha Brokerage charges?
- Physical copies of contract notes charged ₹20 per contract note. Courier charges apply.
- Stt/Ctt, Transaction Charges, Gst, Sebi Charges, stamp duty ( change state to state).
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