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Open an Account with Zerodha

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Zerodha Zero Brokerage Offer:

  1. Open Trading Account in 2018 with Zerodha and get premium features of Nifty Trader.
  2. Zero Brokerage charged if you make net profit during the 2 months period.

To know more about the Fee structure of Zerodha, click here.

Check out the Zerodha FAQs here.

Zerodha Enquiry:

Trading and Platforms

Zerodha offers different platforms – Desktop, Web, and Mobile.

  • NEST(ZT), Zerodha mobile, and trade.zerodha.com are platforms built by vendors (Thomson Reuters). The user interface, charting, and tools on these are average.
  • Pi (desktop version) and Kite (web/mobile) are in-house trading platforms; the user interface matches international standards.
  • NOW is an alternative provided to a few clients who want to use NSE’s own trading platform. Zerodha doesn’t recommend using this and also they do not support it.
  • 98% of Zerodha clients use NEST and/or Pi.

Funds – Deposits and Withdrawals

They have wide options to transfer funds and the service is usually very quick.

  • Deposit funds by transferring via the Payment Gateway instantly.
  • One can also use NEFT or just drop in a cheque at any HDFC bank ATM.

Process to place a withdrawal request is very easy through the backoffice login. Customer receive back office login at the time of account opening.

  • All withdrawal requests are processed between 7:30 PM and 8:00 PM every day. Withdrawal requests hit your bank within 24 hours or sooner.

Margin/Leverage Policy and product types:

  1. Equity delivery based trading (CNC: Cash n Carry): 100% money required upfront. Use the product type CNC in your buy/sell order form
  2. Normal F&O Trades (NRML: Normal): Exchange stipulated margins, positions taken as NRML can be held until expiry.
  3. Intraday leverage Trade (MIS: Margin Intraday squareoff): Trade using MIS if you want leverage or additional margin. All MIS positions are squared off automatically 10 to 15 minutes before close of the markets.
    • Up to 10 times intraday leverage for equity
    • Up to 3 times for Futures (over and above the margin you get anyways on futures)
    • Up to 3 times for option shorting
    • No leverage for option buying. (You can use bracket orders for additional leverage only for buying Nifty and Bank nifty options)

Special Order types allowed:

  1. Bracket Orders and Trailing SL
  2. Cover orders
  3. Stop Loss orders

 

Zerodha is the technological most advanced and Featured Indian Discount Broker . Here’s why:

  • PI – Next generation trading platform (trade with live charts)
  • First to launch Zero Brokerage in India. Flat Rs 20/- per trade
  • Simplified brokerage Fees: Same pricing for Equity, F&O, Currency, and Commodity across all exchanges
  • No upfront fee or turnover commitment
  • Over 50,000 happy customers, averaging a daily turnover of over Rs. 5000 crores
  • 170+ dedicated support team to ensure the fastest turnaround time for your queries via email or phone