Quick Comparision (Zerodha
VS Definedge Securities)
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha
Definedge Securities
Single Margin Facility
Year of Incorporation
2010
2015
Exchanges
NSE, BSE, MCX and NCDEX
NSE, BSE, MCX and NCDEX.
Branches
120+
270
Brokerage
₹20/ Order or 0.03%
₹18 per executed order
Broker Type
Discount Broker
Discount Broker
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Zerodha
Definedge Securities
Trading Account Opening Charge
₹200
₹180
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
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Zerodha
Definedge Securities
Commodity Futures
₹20/ Order or 0.03% (whichever is lower)
0.03% or ₹18 per executed order whichever is lower
Currency Futures
₹20/ Order or 0.03% (whichever is lower)
0.03% or ₹18 per executed order whichever is lower
Equity Delivery
Zero Brokerage
₹0 (Free)
Equity Options
₹20/ Order
₹18 per executed order
Commodity Options
₹20/ Order or 0.03%(whichever is lower)
₹18 per executed order
Equity Futures
₹20/ Order or 0.03% (whichever is lower)
0.03% or ₹18 per executed order whichever is lower
Currency Options
₹20/ Order or 0.03% (whichever is lower)
₹18 per executed order
Fixed Charges
₹20/Order
₹18 per executed order
Equity Intraday
₹20/ Order or 0.03% (whichever is lower)
0.03% or ₹ 18 per executed order whichever is lower
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Zerodha
Definedge Securities
RMS Square Off Charge
(₹50 + GST)
₹0 (Free)
API Charges
₹2000/ Month
₹0 (Free)
Call & Trade Charges
₹50/ Order
₹36/- per order
Other Brokerage Charges
₹20 or 0.03% (whichever is lower)
₹18 per executed order
Minimum Brokerage
₹20/ Order
₹18 per executed order
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Zerodha
Definedge Securities
Currency Options
NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001%
NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures
NSE: 0.002%
NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
Equity Intraday
NSE: 0.00345% | BSE: 0.00345%
NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side)
Equity Options
NSE: 0.053% (on premium)
NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium)
Commodity
Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001%
MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures
NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022%
NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%)
Equity Delivery
NSE: 0.00345% | BSE: 0.00345%
NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side)
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Zerodha
Definedge Securities
Equity Options
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Intraday
5x (20% margin)
5x (Up to 20% of trade value)
Currency Options
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Options
1x(100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Futures
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Delivery
1x (no margin)
1x (100% of trade value)
Currency Futures
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Futures
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
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Zerodha
Definedge Securities
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time
Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform
Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel
1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund
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Zerodha
Definedge Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
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Zerodha
Definedge Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Zerodha
Definedge Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
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Zerodha
Definedge Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Zerodha
Definedge Securities
Daily Market Reports & News
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Zerodha
Definedge Securities
Casual Investor
Active Investor
Trader
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Zerodha
Definedge Securities
Pros
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.
1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support.
Cons
1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment
1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners.
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Zerodha
Definedge Securities
Commodity Futures
0.01% on sell side (Non-Agri)
0.01% on sell side (Non-Agri)
Currency Futures
No STT
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
Currency Options
No STT
No STT
Equity Delivery
0.1% on buy & sell
0.1% on both buy and sell
Equity Futures
0.01% on sell side
0.01% on sell Side
Commodity Options
0.05% on sell side
0.05% on sell side
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Zerodha
Definedge Securities
Equity Demat Transaction Charges
₹13.5 + Gst per scrip (stock)
₹0 (Free)
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Zerodha
Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)
Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges)
18% (on brokerage + transaction charges)
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Zerodha
Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST
₹10/ Crore
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Trading Account Opening Charge
₹200
₹180
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Enquiry with Definedge Securities
Zerodha
Definedge Securities
Zerodha Review 2024 Zerodha 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..
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms
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Zerodha
Definedge Securities
Commodity Futures
₹20/ Order or 0.03% (whichever is lower)
0.03% or ₹18 per executed order whichever is lower
Currency Futures
₹20/ Order or 0.03% (whichever is lower)
0.03% or ₹18 per executed order whichever is lower
Equity Delivery
Zero Brokerage
₹0 (Free)
Equity Options
₹20/ Order
₹18 per executed order
Commodity Options
₹20/ Order or 0.03%(whichever is lower)
₹18 per executed order
Equity Futures
₹20/ Order or 0.03% (whichever is lower)
0.03% or ₹18 per executed order whichever is lower
Currency Options
₹20/ Order or 0.03% (whichever is lower)
₹18 per executed order
Fixed Charges
₹20/Order
₹18 per executed order
Equity Intraday
₹20/ Order or 0.03% (whichever is lower)
0.03% or ₹ 18 per executed order whichever is lower
Call Back
Open Account
Enquiry with Definedge Securities
Zerodha
Definedge Securities
Equity Options
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Intraday
5x (20% margin)
5x (Up to 20% of trade value)
Currency Options
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Options
1x(100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Futures
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Delivery
1x (no margin)
1x (100% of trade value)
Currency Futures
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Futures
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Call Back
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Zerodha
Definedge Securities
RMS Square Off Charge
(₹50 + GST)
₹0 (Free)
API Charges
₹2000/ Month
₹0 (Free)
Call & Trade Charges
₹50/ Order
₹36/- per order
Other Brokerage Charges
₹20 or 0.03% (whichever is lower)
₹18 per executed order
Minimum Brokerage
₹20/ Order
₹18 per executed order
Call Back
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Enquiry with Definedge Securities
Zerodha
Definedge Securities
Commodity Futures
0.01% on sell side (Non-Agri)
0.01% on sell side (Non-Agri)
Currency Futures
No STT
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
Currency Options
No STT
No STT
Equity Delivery
0.1% on buy & sell
0.1% on both buy and sell
Equity Futures
0.01% on sell side
0.01% on sell Side
Commodity Options
0.05% on sell side
0.05% on sell side
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Zerodha
Definedge Securities
Equity Demat Transaction Charges
₹13.5 + Gst per scrip (stock)
₹0 (Free)
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Enquiry with Definedge Securities
Zerodha
Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)
Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges)
18% (on brokerage + transaction charges)
Call Back
Open Account
Enquiry with Definedge Securities
Zerodha
Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST
₹10/ Crore
Call Back
Open Account
Enquiry with Definedge Securities
Zerodha
Definedge Securities
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time
Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform
Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel
1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Definedge Securities