Ravi EQS

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

Compare Indias Biggest Stock Brokers Demat Accounts in India


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

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:

Equity Upto 20 times intraday, 0 for Delivery Intraday upto 25 times & Delivery upto 5 times for interest Upto 10 Times for Intraday, & For Delivery Upto 3 times @24%/Annum
Equity Futures Upto 7 times intraday leverage Upto 4 times for intraday Upto 2 Times Intraday
Equity Options Buying no leverage, Shorting upto 7 times leverage intrdaday Not for buying but upto 2 times for shorting Nil
Currency Futures 2 times intraday leverage NA Upto 2 times Intraday
Currency Options Buying no leverage, Shorting upto 2 times intraday leverage NA NA
Commodity 2.5 times intraday leverage NA Upto 2 times Intraday

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

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