Zerodha Broker - IPO JI

Zerodha

Zerodha

Discount Broker

About Broker

Zerodha, an Indian discount stockbroker, provides online trading and investment services. Founded in 2010 by Nithin Kamath and Nikhil Kamath, Zerodha has established a substantial presence in the market. As of April 2025, the platform boasts an active client base of 78,31,319.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity
Commodity
Currency
Futures
Options
Brokerage Plan

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

account opening

Free

account maintenance

₹300

call trade

₹50

Brokerage

equity delivery

Zero

equity intraday

0.03% up to Rs 20

equity futures

0.03% up to Rs 20

equity options

₹20 per order

currency futures

0.03% up to Rs 20

currency options

₹20 Per order

commodity futures

0.03% up to Rs 20

commodity options

₹20 Per order

Margins

Equity Delivery

0x As per exchange

Equity Intraday

3x As per exchange

Equity Futures

2.5x As per exchange

Equity Options

2.5x As per exchange

Currency Futures

2.5x As per exchange

Currency Options

2.5x As per exchange

Commodity Futures

2.5x As per exchange

Commodity Options

0x As per exchange
Platforms Offered

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Zerodha Kite web
Zerodha Kite Mobile Application
Zerodha Coin
Zerodha Console
Sentinel
Zerodha Varsity
Pros
Zerodha imposes a minimal trading fee and does not levy any charges for equity delivery.
A fee calculator is available on the Zerodha website, enabling users to anticipate trading costs.
There is no requirement to maintain a minimum balance when opening an account with Zerodha.
The processes for deposits and withdrawals are user-friendly and free of charge.
No platform deposit fee is required. Users can conveniently transfer funds to their accounts via UPI.
Cons
NRIs, HUFs, and companies can open a demat account only through an offline process.
Responses from customer support may be delayed, and software glitches can occur at times.
Each investment instrument has a dedicated platform, such as Kite for shares, Coin for mutual funds, and Golden Pi for bonds.
The offline procedure is cumbersome and time-consuming, even for individual accounts, due to the limited number of physical branches.
Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
free trading calls
free research
sms alerts
margin funding
margin against share
Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

mutual funds
ipo platform
bonds debt
exchange traded funds
Equily Charges

transaction charges

BSE: 0.00375%

NSE:

clearing charges

--

dp charges

--

gst

18% on Brokerage + Transaction

stt

0.1%

sebi charges

₹ 10 per crore + GST

transaction charges

BSE: 0.00375%

NSE:

clearing charges

--

dp charge

₹ 0

gst

18% on Brokerage + Transaction + SEBI Charges

stt

0.025%

sebi charges

₹ 10 per crore + GST

transaction charges

NSE:

clearing charges

dp charge

₹ 0

gst

18% on Brokerage + Transaction + SEBI Charges

stt

0.02%

sebi charges

₹ 10 per crore + GST

transaction charges

NSE:

clearing charges

NSE:

dp charge

₹ 0

gst

18% on Brokerage + Transaction + SEBI Charges

stt

0.1%

sebi charges

₹ 10 per crore + GST

Open Demat Account