Compare Zerodha No.1 firm and Top 3 Brokerage Firms in India and here is the best one

Compare Indias Biggest Stock Brokers Demat Accounts in India

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Basic Details of Top 3 Brokers and Open Demat account online:

Year of Incorporation	2010	2000	1987
Website	http://www.zerodha.com	http://www.icicidirect.com	http://www.motilaloswal.com
Phone	080-40402020	022-28307700	022-30896680
Exchanges enabled	NSE, BSE, MCX-SX & MCX	NSE & BSE	NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL)	CDSL – ZERODHA SECURITIES PVT. LTD.	NSDL & CDSL	NSDL/CDSL
Balance Sheet Size FY17/18	Rs 2300 Crores	Rs 2870 Crores	Rs 4975.6 Crores
Active clients – 2018	24,00,000 Clients	9,50,000 Clients	4,00,000 Clients

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Zerodha Brokerage Account and other brokers charges and Complete Zerodha Review:

Equity Brokerages	0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)	Equity Intraday 0.05% & Delivery 0.25%- Negotiable	0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront
Equity Futures	Rs 20/executed order or 0.01% whichever is lower	0.05% of Turnover for Overnight & Intraday only one side- Negotiable	0.05% – Reduces upto 0.015% if brokerage paid upfront
Equity Options	Rs 20/executed order or 0.01% whichever is lower	Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable	Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures	Rs 20/executed order or 0.01% whichever is lower	0.05% of Turnover for Overnight & Intraday only one side – Negotiable	0.05% – Reduces upto 0.015% if brokerage paid upfront
Currency Options	Rs 20/executed order or 0.01% whichever is lower	Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable	Rs 20/lot
Commodity	Rs 20/executed order or 0.01% whichever is lower	NA	0.05% – Reduces upto 0.015% if brokerage paid upfront
Trading only	Rs 300 if couriered & Rs 200 if you print the form	NA	NA
Trading & Demat	Rs 200 if couriered & Rs 100 if you print the form	Rs 975 for 3 in 1 Account	Free, but with Margin Cheque
Commodity	Rs 300 if couriered & Rs 200 if you print the form	NA	Free, but with Margin Cheque
Equity	0.00325% on Turnover	0.00325% of Turnover	0.00325% of Turnover
Futures	0.0019% on Contract Turnover	0.0019% of Turnover	0.00200% of Turnover
Options	0.05% on Premium Turnover	0.05% of Turnover	0.051% of Premium Turnover
Commodities	0.0026% on Contract turnover	NA	0.0025% of Turnover
AMC charge	Trading: 0, Demat: Rs 300/year	Rs 450/Year	Free
DP Transaction Charge	Rs 14 per debit instruction	Rs 25/Transaction or 0.05% whichever higher	Rs 20/Debit Transaction
Offline order placing Charge	Rs 20 per executed order	Nil	Nil

Margin & Interest on Zerodha Brokerage Account:

Over a Decade of trading experience I prefer to choose and trade in the Zerodha Platform, Zerodha now holds number 1 position in India, Open Demat account online

Zerodha has a very good platform now for beginners & students as they included the latest simple tools to learn with detailed Varsity tutorials, one must visit Zerodha Varsity to learn to trade.

With other brokers who are smaller, there is a problem, If a stock broker goes out of business and loss like IIFL, your trading & Demat account stay intact and in no way, a stock broker can use your money to avoid bankruptcy. At the same time, Zerodha holds a huge amount of transactions which cause no error in the financial world. Read Complete Zerodha Review below.

As a guide & mentor, I have traded for a decade & experienced various brokers and I happily accept Zerodha is best.

Zerodha circles, Zerodha Bulletin, Zerodha Amibrokers, Zerodha Pi, etc other platforms are very useful & I have shared detailed information on the same in the bottom of the page.

Open Demat account online within 5 minutes – Zerodha Brokerage Account – click Here

To know the platform & other detailed information in Zerodha – click Here

Complete Zerodha Review is Here

Article: Compare Indias Biggest Stock Brokers Demat Accounts in India
Author: Ravi EQS