Zerodha Vs Maitra
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha Vs Maitra - Broker Details
| Zerodha | Maitra | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2012 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 120+ | N/A |
| Brokerage | ₹20/ Order or 0.03% | ₹5/Lot Or ₹20/Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Zerodha Vs Maitra - Account Opening & AMC Charges
| Zerodha | Maitra | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹400 + 18% GST |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Zerodha Vs Maitra - Brokerage charges & Plans
| Zerodha | Maitra | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Equity Delivery | Zero Brokerage | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹20/Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Call Back Open Account |
Zerodha Vs Maitra - Other Charges
| Zerodha | Maitra | |
|---|---|---|
| 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) | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Call Back Open Account |
Zerodha Vs Maitra - Transaction Charges
| Zerodha | Maitra | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | 0.053% |
| Equity Futures | NSE: 0.002% | 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.00325% |
| Equity Options | NSE: 0.053% (on premium) | 0.05% |
| 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% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | 0.0026% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | 0.00325% |
| Call Back Open Account |
Zerodha Vs Maitra - Margin (Exposure)
| Zerodha | Maitra | |
|---|---|---|
| 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 (no margin) |
| 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 |
Zerodha Vs Maitra - Features
| Zerodha | Maitra | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Zerodha Vs Maitra - Review & Rating
| Zerodha | Maitra | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Maitra - Request a call back from Broker
| Zerodha | Maitra | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Maitra - Investment Options
| Zerodha | Maitra | |
|---|---|---|
| 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 |
Zerodha Vs Maitra - Order Type
| Zerodha | Maitra | |
|---|---|---|
| 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 |
Zerodha Vs Maitra - Research & Report
| Zerodha | Maitra | |
|---|---|---|
| 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 |
Zerodha Vs Maitra - Daily Market Report
| Zerodha | Maitra | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Zerodha Vs Maitra - Suitable For Investor
| Zerodha | Maitra | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Zerodha Vs Maitra - Pros & Cons
| Zerodha | Maitra | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
| Call Back Open Account |
Zerodha Vs Maitra - Background
| Zerodha | Maitra | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Maitra - Compare All Brokers
| Zerodha | Maitra | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Maitra - STT/CTT
| Zerodha | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% |
| 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% |
| 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 |
| Call Back Open Account |
Zerodha Vs Maitra - Demat transaction charges
| Zerodha | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | N/A |
| Call Back Open Account |
Zerodha Vs Maitra - GST
| Zerodha | Maitra | |
|---|---|---|
| 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 |
Zerodha Vs Maitra - SEBI Charges
| Zerodha | Maitra | |
|---|---|---|
| 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 Maitra - Account Opening & AMC Charges
Zerodha
Maitra
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹400 + 18% GST
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Maitra
| Zerodha | Maitra | |
|---|---|---|
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.. |
Maitra Account Opening Process, Charges, and Required Documents Details |
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Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha Vs Maitra - Brokerage charges & Plans
| Zerodha | Maitra | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Equity Delivery | Zero Brokerage | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹20/Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Call Back Open Account |
Zerodha Vs Maitra - Margin (Exposure)
| Zerodha | Maitra | |
|---|---|---|
| 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 (no margin) |
| 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 |
Zerodha Vs Maitra - Other Charges
| Zerodha | Maitra | |
|---|---|---|
| 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) | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Call Back Open Account |
Zerodha Vs Maitra - STT/CTT
| Zerodha | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% |
| 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% |
| 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 |
| Call Back Open Account |
Zerodha Vs Maitra - Demat transaction charges
| Zerodha | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | N/A |
| Call Back Open Account |
Zerodha Vs Maitra - GST
| Zerodha | Maitra | |
|---|---|---|
| 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 |
Zerodha Vs Maitra - SEBI Charges
| Zerodha | Maitra | |
|---|---|---|
| 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 Maitra - Features
| Zerodha | Maitra | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |