Why to open Demat Account in Zerodha?
Zerodha is India’s largest discount brokerage. You can invest in almost all dimensions of market except insurances and Digital Gold through Zerodha.
From stocks to mutual funds and from IPO’s to Sovereign Gold Bond Funds, Zerodha has immensely increased its presence in India in last decade. Future & Options, currency and commodities derivatives are other options.
Most important thing is that its platform is so easy to understand in comparison to other brokerages.
It uses its own trading software such as Zerodha Kite, Coin, Varsity and others to offer advanced online trading tools to people. Present across many platform like NSE, BSE and MCX.
Kite 3.0 (Web-based trading platform) – Offers full market watch, extensive charting and covers millisecond order placements. It has a user-friendly interface. Zerodha Kite is a powerful interface of the web and mobile trading and investing.
Kite Mobile is a smartphone application designed for Android and iOS and allows you to trade directly from your mobile phones.
Coin Zerodha – The Coin Zerodha is a platform that allows you to buy Mutual Funds online directly from asset management companies. This platform is free. You can make investments on it without incurring any commissions. Buy Direct Mutual Funds without extra charges.
Zerodha Varsity – This is an educational platform created by Zerodha to spread a better understanding of investing and trading. It offers free modules on technical analysis, fundamental analysis, futures, options, risk management and other trading or investment-related topics.
To open an Equity Trading Account on Zerodha brokerage, you have to pay a sum of Rs.200 and for opening a Commodity Account, the amount is Rs.100.
Trading in stocks can be done by opening a Demat and trading account, the annual maintenance charge of which is Rs.300 per year
No equity delivery charges (Zero brokerage), No Extra or hidden charges for mutual funds. All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage. Intraday and F&O trades: Flat Rs. 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades