Zerodha vs Yes Securities – Compare brokerage charges, trading platforms, account features, and investment options to find the best stockbroker for your needs.
About Zerodha
Zerodha is India’s leading discount broker, offering low-cost trading in equities, commodities, currencies, IPOs, and mutual funds. It provides advanced trading tools like Kite and offers zero brokerage on equity delivery and direct mutual funds.
- Equity
- Currency
- Commodity
- IPO
- Futures & Options
- Bonds
- Government Securities
- Direct Mutual Funds
Brokerage Charges:
- Rs 0 for equity delivery and direct mutual funds
- Rs 20 or 0.03% (whichever is lower) per trade for intraday and futures
- Rs 20 per executed order for options
About Yes Securities
YES Securities (YSL) is a full-service stockbroker and a wholly-owned subsidiary of YES Bank Limited. Established in 2013, YSL provides brokerage services across:
- Equity
- Derivatives
- Currency derivatives
- Mutual Funds
- IPOs
Key Features:
- Offers a 3-in-1 account integrating a bank savings account, demat account, and investment account for seamless trading
- Provides dedicated relationship managers
- Research-backed investment advisory
Zerodha Vs Yes Securities: A Quick Comparison
| Feature | Zerodha | Yes Securities |
|---|---|---|
| Type of Broker | Discount Broker | Full-Service Broker |
| Exchange Membership | NSE, BSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 2010 | 2013 |
| Number of Branches | 22 | 52 |
Zerodha Vs Yes Securities: Charges & AMC
| Charges | Zerodha | Yes Securities |
|---|---|---|
| Trading Account Opening | Rs 0 | Rs 999 |
| Trading Account AMC | Rs 0 | Rs 0 |
| Demat Account Opening | Rs 0 | Rs 0 |
| Demat Account AMC | Rs 300 | Rs 500 |
Zerodha Vs Yes Securities: Brokerage Fees
| Segment | Zerodha | Yes Securities |
|---|---|---|
| Equity Delivery | Rs 0 (Free) | 0.45% |
| Equity Intraday | Rs 20 per executed order or 0.03% (whichever is lower) | 0.05% (both sides) |
| Equity Futures | Rs 20 per executed order or 0.03% (whichever is lower) | 0.05% (Intraday – 0.02%) |
| Equity Options | Rs 20 per executed order | Rs 75 per lot (Intraday – Rs 25 per lot) |
| Currency Futures | Rs 20 per executed order or 0.03% (whichever is lower) | 0.05% (Intraday – 0.02%) |
| Currency Options | Rs 20 per executed order | Rs 75 per lot (Intraday – Rs 25 per lot) |
| Commodity Futures | Rs 20 per executed order or 0.03% (whichever is lower) | NA |
| Commodity Options | Rs 20 per executed order | NA |
Zerodha Vs Yes Securities: Margin (Leverage)
| Segment | Zerodha | Yes Securities |
|---|---|---|
| Equity Delivery | 100% of trade value (1x) | 100% of trade value (1x) |
| Equity Intraday | Up to 20% of trade value (5x) | Up to 20% of trade value (5x) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (1x) | 100% of NRML margin (1x) |
Trading Platforms
| Feature | Zerodha | Yes Securities |
|---|---|---|
| Trading Platforms | Kite Web, Kite Mobile (Android/iOS), Coin | YesInvest (Website), Yes Trader (Mobile App) |
| 3-in-1 Account | No | Yes |
| Automated Trading | Yes | No |
| Online Portfolio | No | Yes |
| Margin Trading Funding | Yes | No |
| Referral Program | Yes | No |
Investment Options
| Investment Type | Zerodha | Yes Securities |
|---|---|---|
| Stock/Equity | Yes | Yes |
| Commodity | Yes | No |
| Currency | Yes | Yes |
| IPO | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Bonds/NCDs | No | Yes |
| Debt | No | Yes |
Zerodha Vs Yes Securities: Pros & Cons
Zerodha – Pros
✔ Free account opening for individuals under 25 years old
✔ Zero brokerage on equity delivery trades and direct mutual funds
✔ Flat Rs 20 per trade for intraday and F&O
✔ Advanced trading platform – Kite
✔ API access for algo trading
✔ GTT (Good Till Triggered) orders available
Zerodha – Cons
❌ No stock tips, research, or recommendations
❌ Rs 50 per order for Call & Trade
❌ No 3-in-1 account
❌ No monthly unlimited trading plans
Yes Securities – Pros
✔ Full-service broker with dedicated relationship managers
✔ Offers 3-in-1 account for seamless banking and trading
✔ In-depth research reports and recommendations
✔ Wide branch network for offline support
Yes Securities – Cons
❌ Higher brokerage charges
❌ No commodity trading
❌ Rs 25 minimum brokerage charge
❌ No advanced trading terminal software
Final Verdict: Which One Should You Choose?
- Choose Zerodha if you are looking for a cost-effective, technology-driven platform with low brokerage fees and excellent trading tools.
- Choose Yes Securities if you need a full-service broker with research support, financial advisory, and a 3-in-1 account.
🚀 Start Trading Today! Compare and choose the best stockbroker based on your trading needs.
