Top Stock Brokers in India | Zerodha was started in the year 2009, and it doesn’t only stand amongst the top genuine stockbrokers in the country but is also widely known as one of the pioneers when it comes to the technology used for trading in India. They always had the vision to break every possible barrier that so many investors, traders, and a number of other aspiring money-makers face within India’s current economic scenario. In the past six years or so, this broking house has tried to keep its word, and steadily but surely grown with leaps and bounds. We see Zerodha as one of the main players in the NSE, BSE, MCX, as well as the MCX-SX with average daily turnovers that go over Rs. 5000 crores.
Started in 2009, Zerodha is officially recognized as India’s first and most prominent discount broker. It was founded by Nithin Kamath who had worked as a stock trader before starting his own broking house. Apart from bringing a competitive pricing model that made it the first of its kind, Zerodha is also acknowledged as a pioneer in technology for trading in India.
Brokerage Charges 2022:
|Demat Account||Rs.100 Then Maintenance Rs.300 / Year AMC|
|Intraday Brokerage||0.01% or Rs. 20/executed order whichever is lower|
|Delivery Brokerage||Zero Brokerage|
|Equity Futures||0.01% or Rs. 20/executed order whichever is lower|
|Equity Options||Flat Rs. 20 per executed order|
|Currency Futures||0.01% or Rs. 20/executed order whichever is lower|
|Currency Options||0.01% or Rs. 20/executed order whichever is lower|
Open Your Demat Account with Zerodha
Top Stock Brokers in India | When it comes to Zerodha, they charge a flat brokerage at the rate of 0.01% on every trade order. But, the brokerage per order should not be exceeding Rs. 20. Therefore, one can say that they charge a brokerage of lower of Rs. 20 or else 0.01% of the traded value to their customers.