About Zerodha
Zerodha is one of India’s leading discount stockbrokers, offering online investing and trading in equities, currencies, commodities, IPOs, futures and options, bonds, government securities, and direct mutual funds.
It charges ₹0 brokerage on equity delivery and direct mutual fund investments. Equity intraday and futures trades are charged at ₹20 or 0.03% per executed order, whichever is lower, while options trades cost a flat ₹20 per executed order.
Zerodha is known for its low-cost pricing, transparent services, user-friendly Kite trading platform, and strong focus on technology and investor education.
About SBI Securities
SBI Securities is an Indian investment and trading platform included in TheShareBrokers broker database. It provides access to listed-market products through its official mobile and/or web platforms. Charges and product availability can vary by segment, account type and selected plan, so users should verify the linked official tariff before making a decision.
Frequently asked questions
Is Zerodha a good stockbroker for beginners?
Yes, Zerodha is suitable for beginners because it offers a user-friendly Kite trading platform, educational resources through Varsity, and low brokerage charges.
What is the Zerodha account opening charge?
Zerodha currently offers free account opening for resident individual trading and demat accounts.
What brokerage does Zerodha charge?
Zerodha charges ₹0 brokerage on equity delivery. For equity intraday and futures, the charge is ₹20 or 0.03% per executed order, whichever is lower. Options trades are charged at ₹20 per executed order.
Does Zerodha charge an annual maintenance fee?
Yes, Zerodha charges an Account Maintenance Charge (AMC) of ₹300 per year plus 18% GST for standard resident individual accounts, though it is free for the first year. Instead of billing annually, Zerodha deducts this fee quarterly (every 91 days) directly from your trading balance.
Which trading platforms does Zerodha offer?
Zerodha offers Kite for trading and investing, Coin for direct mutual funds and other investments, and Console for portfolio reports and account statements.
Can I invest in mutual funds through Zerodha?
Yes, investors can use Zerodha Coin to invest in direct mutual funds without paying distributor commissions.
Does Zerodha provide stock tips or advisory services?
No, Zerodha does not provide stock tips, portfolio management, or personalised investment advisory services.
Is there any minimum balance requirement in Zerodha?
No, Zerodha does not require users to maintain a minimum account balance to keep their account active.
Can I apply for IPOs through Zerodha?
Yes, Zerodha users can apply for IPOs online through the Kite platform using a supported UPI ID.
Is Zerodha safe and SEBI registered?
Yes, Zerodha Broking Limited is registered with SEBI and is a member of major Indian stock exchanges, including NSE, BSE, and MCX. However, all stock market investments are subject to market risks.
Is SBI Securities a SEBI-registered stock broker?
SBI Securities operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.
What are the brokerage charges at SBI Securities?
SBI Securities brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.
Does SBI Securities charge Demat AMC?
Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.
Which products are available on SBI Securities?
The products field on this page lists the major investment and trading segments available through SBI Securities. Availability and activation requirements may vary by user and segment.
Who should consider SBI Securities?
SBI Securities may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.
