Top 10 Reasons To Trade With Zerodha
Last Updated: Dec - 20- 2019
Top 10 reasons to trade with Zerodha, The Discount Stock Broker
Zerodha, the first company to introduce the concept of discount brokerage in India, was founded by Nithin Kamath on August 15th, 2010. In just a few years, it became second largest broker in India in terms of active clients and one of the biggest trading volume contributors on NSE, BSE, with more than average daily trading turnover of over Rs.10,000 crores.
Zerodha offers Equity, Currencies & Commodity trading services at BSE, NSE & MCX, and Mutual Funds. Zerodha has done a great job in pushing the boundaries in the brokerage space. Old-school brokers like ShareKhan, Motilal Oswal, Geojit and many more are now having a difficult time keeping up with discount brokers.
Here are 10 reason to choose Zerodha over any other traditional or discount brokers in India:
1. ZERODHA PRICING
Zerodha Charges 0.01% or Rs.20 which ever is lower per an executed order for futures & options, Commodities and Equity intraday, and nothing for other trades i.e Zero brokerage on equity delivery trades. (Know more)
2. ZERODHA SUPPORT
Zerodha has over 900+ dedicated and trained support team to ensure the fastest turnaround time for users queries via email or phone. Just because they charge less brokerage doesn't mean you get inferior service. Zerodha customer service is way better than most tradition and discount brokers.
3. ZERODHA KITE
Kite is an in-house Web & Mobile based trading platform of Zerodha, named for its super simple user interface, integrated trading and reporting (Q/Quant) platform, brilliant charting, intuitive search and filters, lightning fast trading, and more. (Know more)
4. ZERODHA PI
Zerodha Pi is a desktop trading platform featuring advanced charting, Algos, strategies, & backtesting. developed by TradeLab Software Pvt Ltd. in association with Zerodha in 2015. Users are required to download and install the software on their desktop or computer. It consumes low internet bandwidth and at the same time, require less CPU and memory usage. Pi has 80+ Technical Indicators and 10 types of charts such as Candle, Bar, Heikin-Ashi, etc. (Know more)
5. ZERODHA COIN
Zerodha Coin is a platform that let the customer buy mutual funds online, directly from asset management companies. Zerodha customers can do commission-free direct MF investment through coin which saves over 1.5% every year. Mutual Funds are deposited in Demat acccount linked with Zerodha trading account. (Know more)
6. ZERODHA MARGINS
Zerodha provide margin of up to 28 times on a broad spectrum of stocks; no margin is given for delivery trades. Cover Order & Bracket Order can be used to get more margin than normal intraday (MIS) position.
7. ZERODHA VARSITY
Varsity is a Education initiative tool helping the Indian Capital Markets be a much more informed and knowledgeable trading place. It explains all the capital market terms as well as the financial instruments in easy language so that all market participants can gain knowledge and start trade/ invest accordingly.
8. ZERODHA PULSE
Zerodha Pulse aggregates important news for users, "The trader/investor", from all the major Indian business, finance, and market news sources in real time to read, in one place.
9. ZERODHA PARTNER TOOLS
Zerodha (Rainmatter) got partnered with few fintech startups like smallcase & Streak to provide better trading experiance to there clients. Small case is a thematic investment platform that lets users invest in intelligently weighted baskets of stocks with a single click & Streak is an algo trading platform that requires NO coding.
10. ZERODHA BRANCHES
Zerodha, headquartered in Bangalore and has physical presents in all major cities. If any customer need personal assistance, they can walkin to any nearer Zerodha branch and get the help.