
To open a demat and trading account at Zerodha, read this article. We’ll show you how to do it. You should be able to open a Demat account with Zerodha by the end of this post, if you have all the personal documents and follow the steps in this post correctly.
It started business on August 15, 2010, and its goal was to break down the barriers that traders and investors in India face when it comes to costs, support, and technology. Zerodha is the name of a company that combines Zero and “Rodha,” the Sanskrit word for a barrier.
Zerodha runs a lot of well-known open online educational and community projects to help retail traders and investors. like For the knowledge base and trading QNA.com is an online community that is only there to help traders.
Zerodha is the biggest discount broker in India. They have more than 30 million clients. Zerodha’s fees are very low, and its trading platform is also very fast and easy to use. For every order that is done, it charges 0.03 percent of the price or Rs 20. It doesn’t matter how many shares are traded or what their prices are.
Why should you open a demat and trading account at Zerodha?
Zerodha is the biggest stockbroker in India in terms of daily trading volume, growth, and the number of customers who are still using the service every single day. In terms of technology, it is one of the most up-to-date and cheap stockbrokers out there.
Zerodha have more than 8 million clients who use our powerful ecosystem of investment platforms to place millions of orders every day. This accounts for more than 15% of all retail trading in India.
Zerodha doesn’t charge any fees when you buy or sell stocks for investment.For those who are just getting started, it features an easy-to-use interface, an integrated back office (Console), and a learning platform (Varsity). Also, there is no software that can be installed for trading. It is easier for investors to use it because of these things, too.
Benefits Of Zerodha Demat, If you are a Trader,Â
- You will get access to 20 market-depth insights that will assist you in developing trade strategies.
- A trading platform that is highly fast and easy to use, with powerful charting features.
- Extensive historical data and chart indicators to help you make better decisions.
Benefits Of Angel One Demat, If you are an Investor
- Free information about the Stock Market and how to invest.
- Deliveries of free equity.
- Free real-time market alerts.
- An order called a GTT (Good Till Triggered) lets an investor put in a buy or sell order that will be executed at the price and quantity the investor wants. It also has a one-year expiration date on it.
Zerodha Demat Account Opening Charges
Type of account | Equity (for trades on Equity, F&O and Currency) |
Equity (for trades on Equity, F&O and Currency) and Commodity (MCX)
|
Online account | ₹ 200 | ₹ 300 |
Offline account | ₹ 400 | ₹ 600 |
NRI account (offline only) | ₹ 500 | N/A |
Partnership, LLP, HUF, or Corporate accounts (offline only) | ₹ 500 | ₹ 800 |
Zerodha Demat Account Brokerage Charges
Equity Delivery Brokerage | Zero |
Equity Intraday Brokerage |
₹ 20 / Order Or 0.03%
|
Equity Futures Brokerage |
₹ 20 / Order Or 0.03%
|
Equity Options Brokerage |
₹ 20 / Order Or 0.03%
|
Currency Futures Brokerage |
₹ 20 / Order Or 0.03%
|
Currency Options Brokerage |
₹ 20 / Order Or 0.03%
|
Commodity Futures Brokerage |
₹ 20 / Order Or 0.03%
|
Commodity Options Brokerage |
₹ 20 / Order Or 0.03%
|
Zerodha Charges For Optional Value Added Services
Service | Billing Frquency | Charges |
StockReports+ | Monthly / Bi-annually / Annually | 150/810/1440 |
Screener | Monthly / Quarterly / Bi-annually / Annually |
100/285/540/960
|
Smallcase | Per transaction | 100 |
Sensibull | Monthly |
Free: 0 | Lite: 800 | Pro: 1300
|
Streak | Monthly |
Regular: 690 + GST | Ultimate: 1400 + GST
|
Kite Connect | Monthly |
Connect: 2000 | Historical: 2000
|
Zerodha Demat Account Features
- Provides 3 in 1 Account
- Provide daily Free Trading Calls
- Daily & Monthly Free Research Reports & Outlook
- SMS Alerts
- Margin Trade Funding
- Margin Against Share
- They only offer direct plans for investments in mutual funds.
- Bonds and G-securities can also be bought and sold through Golden Pi.
- Everyone can get free stock market lessons and financial education from zerodha
- Due to the large user base, software glitches do occur from time to time.
- Zerodha’s call and trade fees are higher than other brokers.
- Customer support responses may be delayed.
- Accounts for non-resident Indians can be opened only through an offline method.
- They offer a separate platform for each investing product, such as Kite for stocks, Coin for mutual funds, and Golden Pi for bonds.
Documents Required To Open Zerodha Demat Account
In order to open a demat account at Zerodha, you’ll need the following things. If you want to keep copies of these documents, you should keep the scans.
- Aadhar Card
- Pan Card
- Bank proof (Cancelled cheque/Account Statement/Passbook)
- Webcam on Mobile/Laptop
- Phone Number Linked With Aadhar
- Email Address
- Passport Size Image
Step By Step Process For Opening Your Zerodha Demat Account
How to open a Zerodha account online in three easy steps
- To learn open online demat account, please visit Zerodha website.
- Click the Sign Up button.
- Complete the form by entering your mobile number and clicking Continue.
- Enter the six-digit OTP sent to your mobile phone. Confirm by clicking the Confirm button.
- Verify your email address by entering the six-digit OTP that was sent to your email address.
- Enter your PAN number and birth date. Accept and Continue.
- Payment of account opening fees can be made via UPI or Net banking.
- To share your Aadhar data with Zerodha, sign in to your Digilocker account.
- Permit Zerodha to access your Aadhar information.
- Input your bank account and personal information.
- Continue after reading all instructions and checking all checkboxes.
- To complete the online In-Person verification, write the displayed OTP on a piece of paper and hold it up to a camera (IPV).
- Upload all relevant papers, including your PAN, Aadhar card, cancelled check, a picture of your signature, and proof of income (mandatory only for derivatives trading)
- Complete the E-signature process using Aadhar.
- Enter your security code to verify your Email ID.
- Review the account registration form and then click Sign Now.
- To complete the online account opening process, enter your Aadhar number and OTP and click Submit.
The Zerodha document verification team will check your papers once you have completed all of the steps. If your papers have been successfully verified, you will get an email from the document verification team notifying you. Within 24 hours of getting this email, you will receive your login credentials.
Zerodha Demat Account Trading Applications
The Kite Online Trading System
If you have a desktop, tablet, or mobile web browser you can use Kite Web to trade. Indicators are displayed alongside market monitoring and detailed technical charting. Order types like Bracket and Cover Order are also available for trading at BSE, NSE and MCX using this trading platform
Apps for Kite Mobile Trading
Kite is a mobile application that can be used on both Android and iOS. Customers can use their mobile phones to trade and monitor the Indian stock market’s stock and commodity markets. BSE, NSE, and MCX data are all available for real-time viewing.
Coin
On Zerodha’s Coin platform, you can buy mutual funds online without paying any commissions or fees to Asset Management Companies (AMCs) . The fact that mutual funds are sent straight to your Demat Account makes it extremely convenient for investors.
Console
In your Demat account dashboard, you will find all the information you need to file your income tax returns, as well as tax-ready reports. Zerodha accounts may be used to apply for IPOs using Console.
Mobile Varsity
A free smartphone app that provides traders and investors with access to both online and offline training resources. Participating in exams is a great way to track your progress toward your goals each day.
Sentinel
Please tell me whether you plan to sell a share when it hits Rs. 100. Even if you’re not home, Sentinel will keep an eye on your stock and send you an alert if anything changes. Simple or complex settings can be adjusted to generate an alert for commodities, bonds, and derivatives in addition to stocks.
Kite Connect API
Using our basic HTTP/JSON APIs, you can create robust trading systems and experiences. Build your investment app and exhibit it to our customer base if you are a startup.
Benefit With Trusted Zerodha Partners
Algo & Strategy Platform – Streak
Zerodha, through Streak, can help you turn your ideas for trading and investing into strategies that you can use. Streak is a trading platform that lets you plan and manage your trades without having to know any coding terms. It has simple and intuitive interfaces that make it easy for you to make, backtest, and test trading strategies in real time. Also, you can keep an eye on real-time market activity, get actionable alerts, and manage your positions while you’re on the go with this app.
Thematic Investment Plan – Smallcases
Choose from market themes or strategies for investing with small amounts of money to build diversified, long-term portfolios at low costs.
- Buy multiple stocks in 3 clicks.
- Track small cases anytime, anywhere.
- Curated portfolios that are managed by experts.
Options Trading Platfrom – Sensibull!
With Zerodha, you can change the way you trade options. You can do this through Sensibull. When you use Sensibull, options trading is easy, safe, and smart for you. It is easy to trade with very few losses, so you can keep your money safe and enjoy your peace of mind. There are a lot of things you can do with this app: make and analyse trades; learn and practise trading without risking real money; find profitable trades with advanced analytical tools and data; more.
Bonds Trading Platfrom – GoldenPi
It is possible to invest in bonds and debentures online at GoldenPi. Bonds provide a set return, making them a safe bet for investors looking for regular income. HNIs and financial institutions, on the other hand, have been able to purchase bonds. Investors as a whole have not taken full advantage of this opportunity. Fintech business GoldenPi aims to make Bonds accessible to all investors via its online platform.
Trading Q&A by Zerodha
Zerdha’s Trading Q&A (QnA) website is a question and answer site for anything pertaining to trading and the stock market in general. It is completely free, open, and powered by the community.