Zerodha is a discount broker known for offering trading services in the share market at the minimum brokerage fees in all trading segments. To get started here is the detail of the Zerodha equity charges.
Zerodha Equity Account Opening Charges
Although Zerodha is the discount broker when it comes to opening an account, it is one of the brokers that charge account opening fees.
This fee again varies on the basis of the trading segment.
For an equity account, in which you can trade in listed shares and currency you need to pay ₹200 as Zerodha account opening charges. Other than this, for account maintenance, there are AMC charges which are charged quarterly.
The detail of fees is given in the table below:
Zerodha Equity Opening Charges
Account Opening Charges
₹200 plus GST
Zerodha Equity Brokerage Charges
The equity segment allows you to hold shares for a few hours to days and years. Also, there are few equity shares for which futures and options contracts are available in the share market.
Delivery trading allows you to hold your position overnight. Now, here you open a position on one particular trading session and close it on any other trading day that could be another day, week, month, or year.
Whatever the holding period and type of share is the brokerage charges are same and here the broker does not charge any fees. Thus you can trade in the equity delivery segment using Kite app without worrying about the brokerage.
However, there are a few taxes, the detail of which is given in the table below:
Next comes intraday trading where you can take single or multiple positions in a single trading day. However the brokerage for equity intraday is not zero but you can trade at the minimum brokerage of 0.03% of the turnover value or ₹20 per trade, whichever is lower.
Here it is important to note, that the brokerage is charged per executed order, thus the maximum intraday trading brokerage in Zerodha is ₹40.
Here is the detail of Zerodha charges for intraday trade along with taxes and other fees.