Updates

    • 18th July 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.


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

    Interface of bank cum broker like ICICAI 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

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    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:

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    (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