Zerodha is known for its exceptionally low brokerage charges. It is the firm that made discount brokerage houses famous in the country. The Zerodha Brokerage Charges and the Zerodha Charges are one of the lowest in the market.
It charges zero fees on the delivery trades which is very beneficial for investors. In this article, you will read about the different Zerodha Charges.
Along with the brokerage charges, there will be mention of other charges, and transaction charges and we will also answer frequently asked questions regarding the charges of Zerodha.
| Summary | |
| Equity Delivery Trading | Zero |
| Equity Intraday Trading | Rs.20 or 0.03% |
| Margin Money | 75% Margin |
| Margin Funding Charges | 18% + GST |
| Reactivation Charges | Rs 20 per instruction |
What are the Zerodha Brokerage Charges?
| Brokerage Charges | |
| What are the Equity Delivery Charges? | Zero |
| What are the Equity Intraday Charges? | Rs.20 or 0.03% |
| What is the brokerage on Equity Futures? | Rs.20 or 0.03% |
| How much brokerage charged for Equity Options? | Rs.20 or 0.03% per Lot |
| What is the brokerage on Currency Futures? | Rs.20 or 0.03% |
| What is the brokerage on Currency Options? | Rs.20 or 0.03% per Lot |
| How much brokerage charged for Commodity Trading? | Rs.20 or 0.03% |
| Brokerage Calculator | Zerodha Brokerage Calculator |
Below the table, you will find the details of Zerodha Brokerage Charges, and they are the same across the segments. It is a flat-fee brokerage house that charges very nominal charges for all the segments. For the delivery segment, you do not need to pay a penny.
It is beneficial for those who need to take delivery of their shares when and if desired prices are not achieved in the market before the day session ends. One of the major benefits is towards the intraday traders as they need to pay only Rs.20 or 0.03% per trade without bothering about the volume of the transaction.
So, if you trade 100 shares in one transaction or 1 lakh shares, the charge would be Rs.20 or 0.03% only. For the future segment – both for currency and equity futures it is Rs.20 or 0.03% for any number of contracts traded in one single trade/transaction and the same for the commodities as well.
For the equity and the currency options, it is Rs.20 or 0.03% per lot. This flat fee-brokerage plan helps traders to trade in bulk without worrying about the hefty brokerage charges for bulk trading.
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What are the Zerodha Account Opening Charges?
| Account Opening Charges | |
| Are there any Trading Account Charges [One Time]? | Rs 200 |
| How much is the Trading Account AMC [Yearly]? | Rs 0 (Free) |
| Are there any Demat Charges [One Time]? | Rs.0 |
| How much is the Demat AMC [Yearly]? | Rs.300 per Annum |
| Is any minimum Margin Money required? | 75% Margin |
The Zerodha Demat Charges for opening the account is only Rs.0. Zerodha charges no trading account opening fee which is a benefit for the customers who use their trading account. There are no annual maintenance fees that you would need to pay for a trading account.
For the Demat account, the charges towards the maintenance of the account are Rs.300 every year. Both the Zerodha account opening charges and the maintenance charges for the Demat account of Zerodha are very cheap.
Apart from these charges, there is a 75% Margin minimum requirement of margin money in the trading account as well. This allows investors with a low amount of capital to trade without worrying about the margin requirements.
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What are the Zerodha Transaction Charges?
| Transaction Charges for each segment | |
| What are the Transaction Charges for Equity Delivery? | NSE: 0.00345% and for BSE Rs. 1 per trade (each side) |
| What are the Transaction Charges for Equity Intraday? | NSE: 0.00345% and for BSE Rs. 1 per trade (each side) |
| How much are the Transaction Charges for Equity Futures? | NSE: 0.00210% and for BSE Rs. 1 per trade (each side) |
| How much are the Transaction Charges for Equity Options? | NSE: 0.053% and for BSE Rs. 1 per trade (each side) |
| What are the Transaction Charges for Currency Futures? | NSE: 0.00135% |
| What are the Transaction Charges for Currency Options? | NSE 0.044% Premium only |
| Any Transaction Charges for Commodity Trading? | Non-Agri: 0.0036% and for Agri: 0.00275% |
Apart from the brokerage and account opening and maintenance charges, there are Zerodha transaction Charges as well. These are commonly known as transaction charges. Transaction charges depend on the exchange on which you are trading.
So, first, let us talk about the NSE transaction charges, and then we will talk about the BSE and others. On NSE, the transaction charges for the equity delivery segment and the intraday segment are the same which is 0.00325%.
For the equity futures, it is 0.00210% while for the equity options, it is 0.053%. For the currency futures, the transaction charges are 0.00135% and 0.044% (premium) for the currency options.
If you want to trade commodities then the charges towards transactions are 0.0036% for Non-agricultural products and 0.00275% for agricultural products.
Now coming to the BSE transaction charges, it is the same across all the segments. You just need to pay Rs.1 for one trade (each side) irrespective of the segment.
What are the other remaining Zerodha Charges?
| Other Charges | |
| How much is the Transaction Charges levied? | NSE: 0.00345% BSE: 0.00345% |
| What are the STT charges? | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side *Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on the sell side (Non-Agri) Commodity Options: 0.05% on sell-side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell-side |
| How much is the Stamp Duty levied? | (On buy-side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
| How is the GST charged? | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Any Margin Funding Charges? | 75% Margin |
| How much is the Reactivation Charge? | Rs 20 per instruction |
| Any charges for Account Closure? | Rs 25 per instruction |
| What are the Dematerialisation Charges? | Rs 30 per instruction |
There are a few mandatory charges which are imposed on trading by the government and the regulatory body – SEBI. These Zerodha Charges / Govt Charges are referred to as the other charges and they include STT charges of 0.01% on the total turnover and 18% of brokerage as the GST.
This follows by transaction charges on each transaction, which is 0.00345% of the total turnover amount. The stamp duty which is levied by the state government varies from one state to another.
However, it is generally very nominal and between the range of 0.002% to 0.004%. Apart from all these, if you take a margin funding facility then you would have to pay a charge of 18% and GST on the same as the interest for margin funding.
If you need to reactivate the accounts, then the charges would be Rs.20 per segment. There is a Rs 25 per instruction charge for account closure though as you can see in the table above.
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General FAQs on Zerodha Charges
Let’s have a look at the FAQs on Zerodha Charges:
Does Zerodha provide fixed brokerage options?
Yes, Zerodha has fixed brokerage plans/options for the customers.
Does Zerodha have different brokerage charges for penny stocks?
No, there are no different brokerage charges for penny stocks on the Zerodha platform.
Can I calculate Zerodha brokerage even before I place a Trade?
Yes, of course, you can easily calculate the Zerodha Brokerage charges even before you place the trade order.
Can I calculate Zerodha’s margin/limit/exposure?
You can calculate the margin, limit, and exposure before placing an order on the Zerodha platform.
Are there any account opening fees by Zerodha?
Yes, for opening the Trading account, you need to pay Rs.200.
Is there any AMC levied by Zerodha?
No, there is no AMC levied by Zerodha on the trading account.
Zerodha Charges – Conclusion
The Zerodha Charges, as you saw above are quite nominal and affordable for every kind of trader and investor. The Zerodha Demat Charges are also quite low compared to many other brokerage houses.
The trading account is charged Rs 200 for account opening charges and no annual maintenance. The brokerage plan being fixed and flat helps the bulk traders to trade without thinking about the high brokerage charges for huge volumes of transactions.
Zerodha has carved a niche for itself by providing great trading and Demat services at such affordable charges.
Open Demat Account with Zerodha Now! – Fill up the Form
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