• 11th August 2019

    Click here to Open Demat Account Under Zerodha

    There are so many broker under which we can open demat cum trading account. Like: Zerodha, Sharekhan, Edelweiss, Angel Broking, ICICI Direct, Axis Securities etc.

    Download Suggested May 2019
    For Selection of best broker, we have to see two things:
    (1) brokerage &
    (2) trading interface 

    Interface of bank cum broker like ICICI Direct, Axis Securities, HDFC etc. is very good but brokerage is 5 times higher than others. Hence, never select bank for your trading.

    On the basis of above two criteria, I found Zerodha is far far better.

    (A) Interface


    We can see everything on single screen which trader have to see while placing order like
    (1) Candle stick chart with all technical indicators and volume
    (2) buy/sell order form
    (3) Top 5 buyer and seller of more than one security (like: equity, future and option) simultaneously.

    Only one disadvantage:
    In recent past, Some time order was not getting updates as a result not able to enter/exit from contract for few time.
    But such type of problem is very rare and it happens with other broker too. I faced such type of problem on sharekhan also when I was trading with sharekhan.

    (B) Brokerage of zerodha:


    (1) Delivery: free
    (2) Intraday/future: 0.01% or Rs 20 whichever is lower.
    (3) option: RS 20 per executed trade.

    (4) account opening charges : 300 for equity and F&O. 200 for Commodity.
    500 for both.

    (5) Documents Required:

    If you want to open online: (a) PAN scan copy and (b) Aadhaar sacn copy (c) Photo scan copy. Aadhaar must be linked with your mobile number.

    If you want to open offline: (i) Pan Copy; (ii) Aadhaar Copy; (iii) one photo; (iv) Cancel Cheque or Passbook front page with IFSC code or Bank Satement with IFSC code (iv) 6 month bank statement or ITR (If you want to activate Derivative trading only)

    You can open it online using following link:

    Click here to Open Demat Account Under Zerodha