Quick Comparision (Zerodha
VS Elite Wealth)
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
Elite Wealth
Single Margin Facility
Year of Incorporation
2010
1990
Exchanges
NSE, BSE, MCX and NCDEX
NSE, BSE, MCX and NCDEX
Branches
120+
N/A
Brokerage
₹20/ Order or 0.03%
0.03%
Broker Type
Discount Broker
Full Service Broker
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Commodity Futures
₹20/ Order or 0.03% (whichever is lower)
0.03%
Currency Futures
₹20/ Order or 0.03% (whichever is lower)
0.03%
Equity Delivery
Zero Brokerage
0.33%
Equity Options
₹20/ Order
₹33 per Lot
Commodity Options
₹20/ Order or 0.03%(whichever is lower)
0.03%
Equity Futures
₹20/ Order or 0.03% (whichever is lower)
0.03%
Currency Options
₹20/ Order or 0.03% (whichever is lower)
₹33 per Lot
Fixed Charges
₹20/Order
0.03%
Equity Intraday
₹20/ Order or 0.03% (whichever is lower)
0.03%
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
RMS Square Off Charge
(₹50 + GST)
₹0 (Free)
API Charges
₹2000/ Month
₹0 (Free)
Call & Trade Charges
₹50/ Order
₹0 (Free)
Other Brokerage Charges
₹20 or 0.03% (whichever is lower)
0.03%
Minimum Brokerage
₹20/ Order
0.03%
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Currency Options
NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001%
NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures
NSE: 0.002%
NSE: 0.00195% on Total Turnover value
Equity Intraday
NSE: 0.00345% | BSE: 0.00345%
NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options
NSE: 0.053% (on premium)
NSE: 0.053% on Premium value
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%
Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures
NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022%
NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery
NSE: 0.00345% | BSE: 0.00345%
NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform
Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel
1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Casual Investor
Active Investor
Trader
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days
Cons
1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment
1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading.
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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 Sell
Equity Options
0.05% on sell side (on premium)
0.05% on Sell (on Premium)
Currency Options
No STT
No STT
Equity Delivery
0.1% on buy & sell
0.1% on both buy & Sell
Equity Futures
0.01% on sell side
0.01 % on Sell
Commodity Options
0.05% on sell side
0.05% on Sell Side
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Equity Demat Transaction Charges
₹13.5 + Gst per scrip (stock)
No Charges
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO)
Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges)
18% on (Brokerage + Transaction Charge)
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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 Elite Wealth
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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..
Elite Wealth Review | Products and Trading Platforms
Read more..
Zerodha
Elite Wealth
Commodity Futures
₹20/ Order or 0.03% (whichever is lower)
0.03%
Currency Futures
₹20/ Order or 0.03% (whichever is lower)
0.03%
Equity Delivery
Zero Brokerage
0.33%
Equity Options
₹20/ Order
₹33 per Lot
Commodity Options
₹20/ Order or 0.03%(whichever is lower)
0.03%
Equity Futures
₹20/ Order or 0.03% (whichever is lower)
0.03%
Currency Options
₹20/ Order or 0.03% (whichever is lower)
₹33 per Lot
Fixed Charges
₹20/Order
0.03%
Equity Intraday
₹20/ Order or 0.03% (whichever is lower)
0.03%
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
RMS Square Off Charge
(₹50 + GST)
₹0 (Free)
API Charges
₹2000/ Month
₹0 (Free)
Call & Trade Charges
₹50/ Order
₹0 (Free)
Other Brokerage Charges
₹20 or 0.03% (whichever is lower)
0.03%
Minimum Brokerage
₹20/ Order
0.03%
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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 Sell
Equity Options
0.05% on sell side (on premium)
0.05% on Sell (on Premium)
Currency Options
No STT
No STT
Equity Delivery
0.1% on buy & sell
0.1% on both buy & Sell
Equity Futures
0.01% on sell side
0.01 % on Sell
Commodity Options
0.05% on sell side
0.05% on Sell Side
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Equity Demat Transaction Charges
₹13.5 + Gst per scrip (stock)
No Charges
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO)
Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges)
18% on (Brokerage + Transaction Charge)
Call Back
Open Account
Enquiry with Elite Wealth
Zerodha
Elite Wealth
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 Elite Wealth
Zerodha
Elite Wealth
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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform
Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel
1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Elite Wealth