FundsIndia Vs Zerodha
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
FundsIndia Vs Zerodha - Broker Details
| FundsIndia | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2010 |
| Exchanges | Sebi | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 120+ |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Account Opening & AMC Charges
| FundsIndia | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | N/A | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Brokerage charges & Plans
| FundsIndia | Zerodha | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.01% | Zero Brokerage |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Other Charges
| FundsIndia | Zerodha | |
|---|---|---|
| RMS Square Off Charge | N/A | (₹50 + GST) |
| API Charges | N/A | ₹2000/ Month |
| Call & Trade Charges | N/A | ₹50/ Order |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Transaction Charges
| FundsIndia | Zerodha | |
|---|---|---|
| Currency Options | N/A | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | 0.0035% on turnover | NSE: 0.002% |
| Equity Intraday | 0.0035% on turnover | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.0035% on turnover | NSE: 0.053% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | N/A | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | 0.1% on the transaction amount | NSE: 0.00345% | BSE: 0.00345% |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Margin (Exposure)
| FundsIndia | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | N/A | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Features
| FundsIndia | Zerodha | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Review & Rating
| FundsIndia | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Request a call back from Broker
| FundsIndia | Zerodha | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Investment Options
| FundsIndia | Zerodha | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Order Type
| FundsIndia | Zerodha | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Research & Report
| FundsIndia | Zerodha | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Daily Market Report
| FundsIndia | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Suitable For Investor
| FundsIndia | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Pros & Cons
| FundsIndia | Zerodha | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| Cons | 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Background
| FundsIndia | Zerodha | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Compare All Brokers
| FundsIndia | Zerodha | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - STT/CTT
| FundsIndia | Zerodha | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Demat transaction charges
| FundsIndia | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - GST
| FundsIndia | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - SEBI Charges
| FundsIndia | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Account Opening & AMC Charges
FundsIndia
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
N/A
₹0 (Free)
FundsIndia Vs Zerodha
| FundsIndia | Zerodha | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ Zerodha |
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
FundsIndia Vs Zerodha - Brokerage charges & Plans
| FundsIndia | Zerodha | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.01% | Zero Brokerage |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Margin (Exposure)
| FundsIndia | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | N/A | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account | Call Back Open Account |
FundsIndia Vs Zerodha - Other Charges
| FundsIndia | Zerodha | |
|---|---|---|
| RMS Square Off Charge | N/A | (₹50 + GST) |
| API Charges | N/A | ₹2000/ Month |
| Call & Trade Charges | N/A | ₹50/ Order |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Call Back Open Account |
FundsIndia Vs Zerodha - STT/CTT
| FundsIndia | Zerodha | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
FundsIndia Vs Zerodha - Demat transaction charges
| FundsIndia | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
| Call Back Open Account |
FundsIndia Vs Zerodha - GST
| FundsIndia | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account |
FundsIndia Vs Zerodha - SEBI Charges
| FundsIndia | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account |
FundsIndia Vs Zerodha - Features
| FundsIndia | Zerodha | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |