Zerodha Vs Flattrade
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Zerodha Vs Flattrade - Broker Details
| Zerodha | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 120+ | 6 |
| Brokerage | ₹20/ Order or 0.03% | ₹0 (Free) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Account Opening & AMC Charges
| Zerodha | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹200 + GST |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Brokerage charges & Plans
| Zerodha | Flattrade | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Equity Delivery | Zero Brokerage | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹0 (Free) |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹0 (Free) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Fixed Charges | ₹20/Order | ₹0 (Free) |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Other Charges
| Zerodha | Flattrade | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Transaction Charges
| Zerodha | Flattrade | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.002% | 0.0020% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE: 0.053% (on premium) | 0.053% (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% | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Margin (Exposure)
| Zerodha | Flattrade | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Features
| Zerodha | Flattrade | |
|---|---|---|
| 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 | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Review & Rating
| Zerodha | Flattrade | |
|---|---|---|
| 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 |
Zerodha Vs Flattrade - Request a call back from Broker
| Zerodha | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Investment Options
| Zerodha | Flattrade | |
|---|---|---|
| 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 |
Zerodha Vs Flattrade - Order Type
| Zerodha | Flattrade | |
|---|---|---|
| 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 |
Zerodha Vs Flattrade - Research & Report
| Zerodha | Flattrade | |
|---|---|---|
| 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 |
Zerodha Vs Flattrade - Daily Market Report
| Zerodha | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Suitable For Investor
| Zerodha | Flattrade | |
|---|---|---|
| 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 |
Zerodha Vs Flattrade - Pros & Cons
| Zerodha | Flattrade | |
|---|---|---|
| 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 provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Background
| Zerodha | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Compare All Brokers
| Zerodha | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - STT/CTT
| Zerodha | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sale side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% Buy & 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 |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Demat transaction charges
| Zerodha | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹20 + GST per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - GST
| Zerodha | Flattrade | |
|---|---|---|
| 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 + SEBI charges) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - SEBI Charges
| Zerodha | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
Zerodha Vs Flattrade - Account Opening & AMC Charges
Zerodha
Flattrade
Trading Account Opening Charge
₹200
₹200 + GST
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Flattrade
| Zerodha | Flattrade | |
|---|---|---|
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.. |
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Zerodha Vs Flattrade - Brokerage charges & Plans
| Zerodha | Flattrade | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Equity Delivery | Zero Brokerage | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹0 (Free) |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹0 (Free) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Fixed Charges | ₹20/Order | ₹0 (Free) |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Margin (Exposure)
| Zerodha | Flattrade | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Flattrade - Other Charges
| Zerodha | Flattrade | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account |
Zerodha Vs Flattrade - STT/CTT
| Zerodha | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sale side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% Buy & 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 |
| Call Back Open Account |
Zerodha Vs Flattrade - Demat transaction charges
| Zerodha | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
Zerodha Vs Flattrade - GST
| Zerodha | Flattrade | |
|---|---|---|
| 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 + SEBI charges) |
| Call Back Open Account |
Zerodha Vs Flattrade - SEBI Charges
| Zerodha | Flattrade | |
|---|---|---|
| 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 |
Zerodha Vs Flattrade - Features
| Zerodha | Flattrade | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |