Zerodha Account Opening Charges

Zerodha Account Opening Charges 2021

Zerodha Account Opening Charges 2021

Zerodha is India’s No. 1 stockbroker. It is the largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, and Direct Mutual Funds.




Zerodha Account Opening Charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount, or segment).

Zerodha Account Opening Charges 2021

Zerodha Account Opening Charges

Zerodha account opening charges are Rs 200 for online account opening. If you choose to open an account offline, you will be charged Rs 400. The Demat account AMC is Rs 300 per year.

Transaction Charges
Trading & Demat Account Opening Rs 200
Trading Account AMC Rs 0
Demat Account AMC Rs 300 per year




Zerodha Brokerage Charges 2021

Zerodha follows a fixed brokerage model wherein it charges a flat Rs 20 or 0.03% (whichever is lower) per executed order. It charges zero brokerage on equity delivery. The maximum brokerage chargeable per order is Rs 20.

Trading Segment Brokerage Charges
Equity Delivery Rs 0 (Free)
Equity Intraday Flat Rs 20 or 0.03% (whichever is lower) per executed order
Equity Future Flat Rs 20 or 0.03% (whichever is lower) per executed order
Equity Options Flat Rs 20 per executed order (on Turnover)
Currency Futures Flat Rs 20 or 0.03% (whichever is lower) per executed order
Currency Options Flat Rs 20 or 0.03% (whichever is lower) per executed order
Commodity Flat Rs 20 or 0.03% (whichever is lower) per executed order
Mutual Fund Rs 0 (Free Unlimited Direct MF)




Zerodha Equity Charges

Zerodha Account Opening Charges Rs 0 (no brokerage) for equity delivery trades. For intraday trading, they charge flat Rs 20 per executed order or 0.03% (whichever is lower) on both sides.

Charge Type Equity Delivery Equity Intraday
Brokerage Rs 0 (No Brokerage) Flat Rs 20 or 0.03% (whichever is lower)
Securities Transaction Tax (STT) 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction / Turnover Charges NSE: 0.00325% | BSE: 0.003% per trade (each side) NSE: 0.00325% | BSE: 0.003% per trade (each side)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.015% (Rs 1500 per crore) on buy-side 0.003% (Rs 300 per crore) on buy-side




Zerodha F&O Charges

Zerodha F&O brokerage charge is flat Rs 20 per executed order or 0.03% (whichever is lower). You also have to pay taxes like STT, Transaction Fee, GST, SEBI charges, and Stamp Duty.

Charge Type Equity Futures Equity Options
Brokerage Flat Rs 20 or 0.03% (whichever is lower) Flat Rs 20 or 0.03% (whichever is lower)
Securities Transaction Tax (STT) 0.01% on Sell Side 0.05% on Sell Side(on Premium)
Transaction / Turnover Charges NSE: 0.0019% | BSE 0.003% (each side) NSE 0.05% | BSE 0.003% (each side) (on premium)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.002% (Rs 200 per crore) on buy-side 0.003% (Rs 300 per crore) on buy-side




Zerodha Currency Charges

Zerodha currency brokerage charge is flat Rs 20 per executed order or 0.03% (whichever is lower). In addition to brokerage, the customer has to pay taxes like STT, Transaction Fee, GST, SEBI charges, and Stamp Duty.

Charge Type Currency Futures Currency Options
Brokerage Flat Rs 20 or 0.03% (whichever is lower) Flat Rs 20 or 0.03% (whichever is lower)
Securities Transaction Tax (STT) No STT No STT
Transaction / Turnover Charges NSE: 0.0009% | BSE: 0.00022% NSE: 0.035% | BSE: 0.001% (on premium)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.0001% (Rs 10 per crore) on buy-side 0.0001% (Rs 10 per crore) on buy-side




Zerodha Commodities Charges

Zerodha commodity brokerage charge is flat Rs 20 or 0.03% (whichever is lower) per executed order. Along with this, customers have to pay taxes like STT, Transaction Fee, GST, SEBI charges, and Stamp Duty.

Charge Type Commodity Futures Commodity Options
Brokerage Flat Rs 20 or 0.03% (whichever is lower) Flat Rs 20 or 0.03% (whichever is lower)
Securities Transaction Tax (STT) 0.01% on sell side (Non-Agri) 0.05% on sell-side
Transaction / Turnover Charges Group A: Exchange txn charge: 0.0026%
Group B: Exchange txn charge: Pepper – 0.00005%, Castorseed – 0.0005%, Rbdpmolein – 0.001%
Rs 0
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges 0.0001% (Rs 10/Crore) 0.0001% (Rs 10/Crore)
Stamp Charges 0.002% (Rs 200 per crore) on buy-side 0.003% (Rs 300 per crore) on buy-side

Note: SEBI charges for Agri products are 0.00001% (Rs 1/Crore).




Zerodha Fee Structure

Securities Transaction Tax (STT): This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.

Transaction Charges (Exchange Turnover Charges): This fee is charged by the stock exchanges for using their trading platform.

Goods and Services Tax (GST): This is charged at 18% of the total cost of brokerage plus transaction charges.

SEBI Charges: This is charged at Rs 10 per Crore.

Stamp Duty: Eq Delivery – 0.015% (buy side), Eq Intraday – 0.03% (buy side)




Zerodha Hidden Charges

Zerodha brokerage hidden charges include call & trade charges, position squared-off by broker, and SMS trade alerts as explained below:

Call and Trade feature is available at an extra cost of Rs 50 per call.

An additional charge of Rs 50 per executed order for MIS/BO/CO positions that are not square off by the customer.

Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at an additional charge of Rs 20 per contract. Courier charges are extra.

Trade SMS alerts (optional) are charged at Rs 1 for Equity, F&O, and Currency trade alerts and Rs 0.50 for Commodity trade alerts.

Instant payment gateway charges for over 22 banks: Rs 9 per fund transfer.

DP charges for delivery-based equity selling: Rs 13.5 + GST per transaction.

Visit Zerodha Brokerage Charges Review for more detail.

 

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