Everybody wants to go for the best, isn’t that true? So talking about the stockbroker, something related to finance, it should mandatorily be the best. But finding the best stock broker isn’t that easy, as there are over 200 stockbrokers present in India. So here we will make this task easier for you in this special article.
While writing this article interest of traders as well as investors were considered and after our research, we found out Zerodha to be the best stock broker in India. Some of the reasons due to which we picked Zerodha among others will be stated below.
Zerodha, originating from Bangalore has over 11% of market share among stockbrokers, which also includes more than 15% of the total trading volumes in India, that’s HUGE!
- Zerodha is the most trusted stockbroker in India. That itself states why Zerodha is the best.
- Best customer support.
- Zero brokerage charge on delivery transactions.
- Best research and analysis tools.
- Fast and easy to use.
ZERODHA BROKERAGE CHARGES AND FEES
| Brokerage Charge & Fees | Amount |
| Equity Delivery Trading | Rs.0 |
| Equity Intraday Trading | Lower of Rs. 20 per executed order or 0.03% |
| Commodity Trading | Lower of Rs. 20 per executed order or 0.03% |
| Equity Futures Trading | Lower of Rs. 20 per executed order or 0.03% |
| Equity Options Trading | Rs.20 Per Order |
| Currency Futures Trading | Lower of Rs. 20 per executed order or 0.03% |
| Currency Options Trading | Rs.20 Per Order |
| Trading and Demat account opening charges | Rs. 200 |
| Minimum Brokerage | Rs.0 |
| Demat AMC Charges | Rs.300 per Annum |
| Trading AMC Charges | Rs.0 |
| Margin Money | Rs.0 |
There are other charges than this like GST, stamp duty, etc. Those are not included here as they are charged by each and every broker and of the same amount so those are not considered while comparison.
Zerodha has different platforms for trading among which customers can choose. They all have a user-friendly interface. They are as follows:
Kite 3.0
This is a completely dedicated web-based trading platform that offers high-quality trading tools. Kite 3.0 discloses 20 market depth or level 3 data
Kite mobile
It’s simply a lite form of kite 3.0. It uses less data and has better compatibility as well as better security.
Zerodha pi
This is a desktop application more focused on consumers who are happy to trade on desktop.
Defining Zerodha in two words would be like, cheap and trust-worthy. We found out this to be the best stock broker in India.
Note: This is purely our view and is published just to provide knowledge.