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Zerodha Does NOT charge anything for Stock Buy & Selling. Yes, ZERO Brokerage for stock buying and selling.
CLICK HERE TO OPEN AN ACCOUNT IN ZERODHA!!!
Some details if you do not know the difference between Demat and a Trading account:
You see to trade in stock markets we have to open a Demat-cum-Trading account. Without a Demat account, you cannot invest or trade in stock markets. The Demat account basically works as a bank to keep the money used for trading.
A Trading Account is used to place buy or sell orders in the stock market. The Demat account is used as a bank where shares bought are deposited, and where shares sold are taken from. A Demat account converts the physical shares into an electronic form, dematerializing it. A Demat account holds the shares bought.
In short – The workings of a Demat account are very similar to that of a bank account where you keep your money and shares with the option to deposit/buy and withdraw/sell.
The Trading Account helps you trade seamlessly in the stock market. Whether it’s buying or selling shares or trading derivatives.
So it’s the Demat account where you keep the money to trade to settle the accounts but it’s a trading account where you take a trade. Companies that allow you to open a Demat account are called Stock Brokers.
Today there are many Stock Brokers in India. You have lots of choices to open a Demat account. Traditional brokers charge a lot. If you pay too much for brokerage you end up losing money whenever you take a trade. Now calculate this for your entire life. Paying money for the brokerage is a waste of money – you should avoid it.
Discount brokers started in the USA in the early 2000s but in India, it was started by Nithin Kamath on the 15th of August, 2010 with the goal of breaking all barriers that traders and investors face in India in terms of cost, support, and technology. He named the brokerage house ZERODHA. In a few years, today, it is the No. 1 Broker in India. I am an Authorized Partner (AP) of ZERODHA.
Zerodha Does NOT charge anything for Stock Buy & Selling. Yes, ZERO Brokerage for stock buying and selling.
CLICK HERE TO OPEN AN ACCOUNT IN ZERODHA!!!
Other Benefits of Opening a Zerodha Stock Trading Demat Account
The best benefit is – they have Good Till Triggered (GTT) facility. The Good Till Triggered (GTT) feature is an order that stays active until the trigger condition is met. The validity of the trigger is one year.
Example: Let’s say you buy XYZ Ltd. 100 shares at ₹1,000.00. Your total cost is ₹ 1,00,000.00 (One Lakh). Now it is obvious that you will be worried – what will happen to the investment will always be there in your mind.
To avoid this worry you can always plan to sell this stock in either a 5% profit or loss. After buying the stock you can set a GTT for Sell a.k.a GTT – OCO (One Cancels Other) order.
You can input this GTT – OCO order in the system and leave the software to do its job:
1,000.00 – 5% = 950.00 (Stop Loss Hit – Sell all stocks) – If this is hit there will be a loss of 5000.
1,000.00 + 5% = 1,050.00 (Profit Target Hit – Sell all stocks) – If this is hit there will be a profit of 5000.
You can set the above as Trigger Orders under the Sell GTT – OCO (One Cancels Other). If your target is hit, the stop loss order will automatically get cancelled. It can be the other way as well. This way you will not lose more than the desired amount.
TIP: Always keep the profit booking percentage more than the loss booking percentage.
So the best GTT – OCO order in the above situation should be:
1,000.00 – 5% = 950.00 (Stop Loss Hit – Sell all stocks) – If this is hit there will be a loss of 5000.
1,000.00 + 10% = 1,100.00 (Profit Target Hit – Sell all stocks) – If this is hit there will be a profit of 10,000.
You will end up making a cool profit of 1100 – 1000 = 100 * 100 = 10,000.00 without logging in or watching the trade.
Suppose you are right even 50% of the time – you will still be in good profit because for every 2 rs you make, will lose 1. Here is the calculation for 10 trades with a 50% success rate:
Trade 1 10,000 (profit) – Trade 2 5000 (loss) + Trade 3 10,000 (profit) – Trade 4 5000 (loss) + Trade 5 10,000 (profit) – Trade 6 5000 (loss) + Trade 7 10,000 (profit) – Trade 8 5000 (loss) + Trade 9 10,000 (profit) – Trade 10 5000 (loss) = (10,000 – 5000) * 5 = ₹25,000/- PROFIT
You can also set just one GTT order for either Stop Loss or Profit. I set mostly for profit.
Once GTT is triggered ZERODHA will send an email and SMS to inform you about the GTT being triggered. Like this:
Zerodha GTT Triggered Email
I am also an Authorized broker of UPSTOX. If you do not have a Demat Account I suggest you open one with both – one in your name and the other in your spouse’s name. This will help you to save taxes from the profits made.
I hope you know that nowadays “turnover” is taken into account for filing taxes – so you must divide the turnover into two accounts to save taxes.
Here are Some More Benefits of Opening an Account with ZERODHA & UPSTOX
1. They are the best discount brokers in India.
2. Their Pricing is Very Low, Stock Buy/Sell is FREE and Flat ₹20 Intraday and F&O Trades. So even if you buy 10 lots of Nifty, Bank Nifty or any stock, you only pay Rs.20/-. Even if you exit in 1 point profit in stocks you can make good money daily.
3. You can set Good Till Cancelled (GTT) on the system and forget. For example, stock ABC is trading at 100 and you buy 100 shares. Now you can set it to sell for 110 (10% profit) in the GTT system and forget. When the stock reaches 110 the system will sell automatically. You may be busy with your job, still, you will be able to book profit. The GTT feature is free for life.
4. Only Rs. 25k is required for Option Selling and Future Buy/Sell with a hedge.
5. Both of them offer Free Trading Charts. You can directly order from the charts.
6. Both of them offer Intraday Cover Orders – An order with Stop Loss.
7. After Market Orders (AMO) – You can place the order even after the market closes.
8. Online Trading App for Mobile Phones, Tablets and iPad.
9. Market Watch with streaming quotes.
10. 5 Market watch list with 20 scripts in each one of them.
11. Access to level 3 data, or 20 market depth.
12. Years of charts with 100+ indicators.
13. Live market depth (5 bids & offers).
14. Online fund transfer and withdrawal for Equity & Commodity account
15. View available account balance, used margin, exposure margin etc.
16. Manage the portfolio by holdings & positions in separate tabs.
17. Tax Loss Harvesting report as per your stock holdings to save taxes – this facility is only in Zerodha.
Click here and Open Free Account with ZERODHA!!!
Click here and Open Free Account with UPSTOX!!!
There is more. You Will Get Enough Products To Help You Make Your Trades including Software plus there’s a lot to Learn for FREE like Technical Analysis, Risk Management and Taxes.
Here is their Brokerage Calculator – Check yourself how much you will save if you BUY 10 Lots of Nifty/BankNifty and SELL it at Just 1 Point Profit.
It does not end here you can invest Unlimited free investments in Direct Mutual Funds without paying any brokerage or any commission to distributors thus saving a lot of money. You know, commissions on Regular Mutual Funds (bought from a mutual fund broker) can be up to 1% compounded – that is reducing your annualized profits by 1% every year. This will reduce your profits by thousands or lakhs of rupees. Therefore it is recommended that you invest in Direct Mutual Funds only to save money.
Zerodha Coin is India’s largest direct mutual fund platform that lets you buy direct mutual funds online with no commissions and directly from asset management companies. Your mutual funds, stocks, currencies, bonds, and more will be there all in your Demat account.
Click here and Open Free Account with ZERODHA!!!
Click here and Open Free Account with UPSTOX!!!
Click and register immediately then complete the process online. It will take 5 minutes to complete the process online. Make sure to complete the process as soon as possible. So please try to complete the online application as soon as possible to be mapped to me. If you have any problem opening the account online you can contact me.
If you are opening an account offline then please use Referral Code ZMPDIL (for Zerodha) in the offline hard copy application form.
How to Contact ZERODHA and find their Branch Offices all over India for any help required in opening an account online or offline:
If you are facing any difficulty in account opening you can call their customer care numbers mentioned in this URL:
For self-help in opening an account, they have a huge FAQ – Frequently Asked Questions in this Zerodha Support Portal. You can also create a ticket if you have issues opening an account here:
Other Features:
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- Lowest Brokerage in India.
- Highest turnover in NSE.
- One of the best online apps to trade on desktop or mobile – is KITE.
- Only Rs. 300 Annual Maintenance Contract (AMC) no other hidden fees. They have renamed Annual Maintenance Charge to Account Maintenance Charge. The Account Maintenance Charge (AMC) is the cost to maintain a Demat account so it is applicable only for the Demat account maintained with them. The trading account and commodity account will not have any maintenance charge. Account Maintenance Charge (AMC) for maintaining a Demat account at Zerodha: Rs. 300 + 18% GST – For individuals, HUFs, partnership firms, and LLPs
Rs. 1000 + 18% GST – For corporate, i.e. private and public companies
For IL&FS demat (accounts opened before 15th Sep 2015), it is Rs. 400 + 18% GSTThe Account Maintenance Charge (AMC) is directly charged from the trading account balance once in a quarter. So every four months 300/4 = 75 + 18% GST = Rs. 88.50 is charged per quarter for individuals, HUFs, partnership firms, and LLPs. For corporate, private and public companies it will be 1000/4 = 250 + 18% = 295 charged per quarter. - Lots of free Technical Education to help their clients trade in a better way.
- Account opening is easy, it can be done online if your Aadhaar card is linked to a mobile phone.Click here to Start the Process online to open an account in ZERODHA.
Conclusion: If you are a beginner and want to know the basics of how to start making small profits from stock markets, open a Demat trading account in ZERODHA mapped to me. If your account will be mapped to me I will help you learn the basics of investing.
In short – The benefits of opening an account in ZERODHA & UPSTOX:
• Stock Buy/Sell is FREE – No Brokerage.
• FnO only Rs.20/- per order NOT per lot as other brokers charge.
• Invest in Direct Mutual Funds for free and make 1% per year more on profits made on regular mutual funds of the same fund.
• And lots of other benefits like GTT Orders, Cover Orders, Free Candle Stick Charts, Technical Analysis Knowledge, Software to help you trade etc.
It takes only 5 minutes to open an account online. To be mapped under me you have to click on this link to create an account first – click and register immediately: Click here to Start the Process online to open an account in ZERODHA, then complete the process online. Make sure to complete the process as soon as possible. If it takes more than 7 days’ time after registration you will not be mapped under me.
Click here and Open Free Account with UPSTOX!!!
If your demat account is mapped to me in either Zerodha or Upstox I will teach you this:
- You will learn how to start investing.
- How to manage funds/risk as per your income and age.
- What kinds of companies you should invest in.
- How to make a monthly income using options, keeping these stocks as collateral.
- How to scale this monthly income as your investments grow with time.
- Lastly – How to maintain your risk in the markets so that in an event like huge volatility or huge downfall – like in the 2008-09 and 2020 stock market crash you will still be safe.This is a very important course for beginners.
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INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However, every trade depends on the trader and his level of risk-taking capability, knowledge and experience. Moreover, stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I do not give tips or advisory services by SMS, Email, WhatsApp or any other forms of social media. I strictly adhere to the laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles on this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given on this website. I am not responsible for any investment decision you take after reading an article on this website. Click here to read the disclaimer in full.
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