Identifying your trading partner is a huge challenge today. From the pool of advanced and eligible stockbrokers in India, choosing one that fits your trading needs takes an in-depth analysis based on various parameters. Here we bring Zerodha Demat account charges to get you started!
There’s no doubt that Zerodha is certainly the best stockbroker, and we know you agree with us on that, but how about knowing the latest charges associated with it? Today we present Zerodha Demat Account charges in which we’ll be looking at Zerodha’s,
You must be knowing that Zerodha is a discount broker that started in the year 2010 and is known to be the first stockbroker that brought the concept of discount brokerage to India.
Since then it has evolved to be among the most reliable stockbrokers in terms of technology, low brokerage charges, and lots more, but wait what are the Demat account charges in Zerodha?
Does it charge any fees or provide the Free Demat account services?
Well, for that here we are with the complete details of all the charges associated with your Zerodha Demat account.
Zerodha Account Opening Charges
Zerodha, being the oldest discount broker, comes with the offering of the best 3 in 1 account opening that includes a Demat account with an integrated trading account and a savings bank account with IDFC First Bank.
As we know that Zerodha facilitates various trading segments, it becomes crucial to understand the fee that you’ll need to pay while opening the account.
Here in the tabulated form, you’ll find the various charges imposed by Zerodha:
Since the broker is registered with NSE, BSE and MCX thus you can trade across different segments including equity, currency, derivatives, and commodity.
But to trade in the MCX, the broker charges additional fees, and hence for the Zerodha commodity trading account, thus the opening charges are equal to ₹300.
Not just that, account opening charges also include your AMC ie. Account maintenance Charges.
Clearly, as the name suggests, these charges are levied to maintain your Demat account which means to keep your Demat account active.
Note these charges are usually paid in advance for some brokers, while some charge it on an annual, quarterly, or monthly basis at the end of a certain period.
Zerodha’s annual maintenance charges are ₹300+GST. Although the charges are yearly, you can pay them on a quarterly period.
Hence, we have seen all the Demat account charges associated with Zerodha. Now although the broker charges certain fees for opening an account, its advanced trading apps, algo trading platforms make the charges worthy enough, especially for beginners.
And with growing competition, this platform is evolving and bringing advanced features as per the customers’ demand to offer a user-friendly trading platform and facilitate a transparent trading experience.
So check out the features that make Zerodha different from the rest and open your account now.
You can reach us to open your account in a seamless manner. Just fill in the details in the form below:
Happy investing folks!