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2) Demat Accountĭemat account for taking delivery of stocks. The trading accounts let the user trade in equity and currency derivatives. There are three main types of accounts one can open with Zerodha. a cancelled cheque or your latest bank account statement.Īfter you submit your documents, Zerodha officials will verify them and you will have a trading account within a day.Make sure you have a scanned copy of these documents. The whole process will take around 30 minutes to get completed. Their website is easily navigable and you don’t have to be a tech-genie to access it. Opening an account with Zerodha is one the fastest and easiest when compared to all the online brokers.
Zerodha pi updates software#
And lastly, a desktop-based software that gives online market updates and is equipped with advanced trading tools for expert traders. The mobile-based application provides trading on-the-go for busy traders who want a look at the market at every hour of the day. Zerodha has multiple trading platforms that are suitable for every trader.Ī web-based platform equipped with various trading, charting and analysis tools to make it easier for the traders to study the market and plan their strategies. Their customer support team comprises of more than 1000 members, so your call never goes unanswered. It is their interactive blog open for all the queries and the traders can learn from the useful and insightful articles regularly updated on the blog. They have a number of online platforms through which new or even experienced traders can seek help, the most popular being Z-connect. There is a big reason why they have managed to stay on top for so long, customer support being the obvious reason. Trader satisfaction is what Zerodha is all about. They are easy to get your hands on and even easier to use. Zerodha offers its traders a number of trading tools, including the brokerage calculator, to make their trading experience reliable and efficient. They do not have any upfront fee, turnover commitment or minimum contract charge. Unlike many other online brokers, it doesn’t charge you for anything that is not already mentioned. To promote equity delivery it charges nothing for the trade and Rs 20 or 0.01% (whichever is lower) for the other segments.Ī detailed brokerage plan is discussed in a later section.
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The first thing that attracts traders to Zerodha is its low brokerage charges. Zerodha has some really amazing features that make it an extremely desirable platform. Zerodha Review 2020: Why Consider Zerodha?
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Around 10% of all the Indian retail volumes are its contribution. Zerodha houses over a million traders every day in its powerful ecosystem of investment platforms.
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In fact, it has broken the barrier of trading among amateurs. Today, it has given its users unbeatable technical support to ease out the trading process. With the passing years, it has become much more than just a discount broker. Zerodha, established in 2010, was one of the first online brokers of India that introduced the concept of discount brokerage and trader support for its users.