Zerodha Kite is one of the topmost and unique selling propositions by Zerodha, India’s leading discount broker. This web-trading application allows you to trade and invest across multiple segments with utmost ease and convenience.
One of the major selling points of this application is its consistent upgrades. In this detailed Zerodha Kite tutorial, let’s have a thorough look at some of its best features and understand how it suits your trading needs.
Zerodha is known to be one of the technology innovators in the Indian Stockbroking space, especially when it comes to discount broking. Zerodha’s trading platforms boost optimal user experience, features and performance.
Zerodha Kite is one of those platforms that are lightweight, easy to use and are HTML5 based where users do not need to download or install any software.
Kite has been used by more than 800,000 clients and Zerodha claims to process 200 million requests every day through this platform.
It comes in both the Web as well as Mobile versions. For an understanding of the mobile variant, you can check this review on Zerodha Kite Mobile App.
Once you login into the application, by default, you will be provided with a tour of the application with each step being explained for your ease later.
Post the tour, you may choose to personalize the application in terms of your profile picture, Zerodha password and other related details:
You can transfer funds from and into the Zerodha trading account in a pretty straight-forward manner. For moving money into your trading account, you have the option to choose from any of the provided 20 banks. You may choose to use either of the transfer methods including NEFT, RTGS or IMPS, where IMPS transfer may happen almost instantaneously while NEFT may take a few hours.
For adding fund, there is some payment gateway charges but Zerodha withdrawal charges are zero and one can withdraw up to Rs 5 crores using any of the above method.
At the same time, when it comes to withdrawals, the settlement happens in T+2 days i.e. if you have sold stocks today, then it will be reflected in your trading account in the next 2 business days. For future and options trading, the duration is 1 day:
As mentioned, through Zerodha Kite, you can place multiple types of orders such as Limit Order, Market Order, Stoploss order, Normal order, etc. The order placement process is easy and can be done using a floating window that can be accessed as shown below
If you want to have a look at your holdings, that can be done through the View Portfolio feature where all your stock positions/holdings are mentioned along with the net profit or loss against your trades:
The ‘Stock Widget‘ feature gives a single window to have a quick look at the fundamentals of the company while showing the data from the Market-watch and holdings features. This is how it looks:
Zerodha Kite Features
This detailed review can be seen as the Zerodha Kite tutorial as well. So let’s start with some of the top features of this trading application includes:
Kite is available in 10+ regional languages including Hindi, Kannada, Telugu, Tamil, Malayalam, Marathi, Bengali, Gujarati, Punjabi and Oriya.
2. Light to Use
Kite is a lightweight application and uses minimal internet bandwidth. Thus, users staying in third or fourth-tier cities do not face much of a connectivity issue in using Zerodha Kite.
An example of its light usage is that its market watch feature consumes less than 0.5 Kbps of internet bandwidth.
3. Universal Search
The application provides a single exhaustive “Search” feature that allows you to search across tens of thousands of records of scrips, financial products, contracts across different trading segments and indices.
This feature comes in handy for traders who are looking to search and monitor different stocks before trading and placing their capital.
4. Zerodha Kite Charts
When it comes to Zeordha Kite Charts, there is a wide range this trading application provides to its users.
Such functionality is useful for all kinds of traders and investors irrespective of their trading experience, objective and goal orientation.
As far as the timeline is concerned, for intraday charts, the tool provides data since 2014 and you can have daily-level charts for the last 7 years across different trading segments.
To give you a quick idea on how the drawing tools are used over these charts, here is a look for your reference:
5. Smooth User Experience
With its minimalistic user interface, Zerodha kite offers one of the best user experiences to its clients with easy navigation and high usability along with a provision to set-up shortcut keys (explained later).
This is useful especially for beginner level traders who may find it hard to understand the complexities of trading software.
6. Browser Notifications
Zerodha kite provides you notifications on your web browser with all sorts of updates related to your Zerodha free demat account, market movements, important news, and other related information that can be deemed important.
Such notifications help you in taking important actions at the right time.
Easy order placement feature with a single click across multiple order types. Although, you may choose to use the regular order placement feature by going through that specific functionality, however, Zerodha kite offers you a single-click order provision.
This feature is useful for intraday traders where profits can convert to losses within a matter of seconds.
10. Integrations Allowed
In-built integration with Quant, an analytical tool built by Zerodha, allows clients to perform fundamental analysis through behavioral analytics.
Up to 5 Market watch lists with 40 scrips allowed in each market watch list. Although, this is a generic feature and is available in most of the trading applications, however, Zerodha Kite Market watch feature is reasonably easy to use.
12. Zerodha Kite Shortcut Keys
Shortcut keys for easy access to features that may otherwise require whole navigation to go through. You can personalize these shortcut keys at your convenience as well.
Here is a quick look with the help of this screenshot below:
Although these features are provided in isolation as well, this trading platform also allows you to use any of these within the application too.
14. Wide Range of Trading Products
As per the broker’s claims, you can search for around 90k stocks and derivatives products across different indices. These products can be stocks, commodities, currency pairs, indices (for that matter).
Zerodha Kite Connect API enables traders and investors to automate their process of trading.
This feature for advanced or experienced traders who are looking to integrate APIs with Zerodha Kite. With this, a wide (really wide) range of technical and fundamental features open up for their stock market investments.
The application opens up through ‘Connect’ to different sets of technical libraries as mentioned below:
The inputs and outputs sent through these integrations are completely encoded and secure to use.
Step 1: Visit the Zerodha Kite website or Kite app. Step 2: Log in to the app using the ID or password Step3: Add desired Options to your market watch Step 4: Add Funds to your account Step 5: Place Buy Options Step 6: Understand the options Contract Step 7: Check details and execute the order.
Zerodha Kite Margin
The margin provided in the Zerodha kite trading platform varies with the trading segment and the corresponding investment product.
Overall, Zerodha is not known to provide high margin values but for a medium margin trader, the values should ideally suffice.
Zerodha Kite Withdrawal charges: There are around 25 banks with which the application is integrated. For each transaction, a charge of ₹9 plus taxes is levied.
Zerodha Kite Intraday Charges: For intraday trading, you will be charged 0.01% of your trade value of ₹20, whichever is lower.
Zerodha Kite API Charges: If you are a startup and want to integrate Zerodha Kite with your platform, the integration is free of cost. However, if you are a retail trader and are looking for API integration for your trades, then you will be charged ₹2000 per month. Furthermore, if you want historical data access, then the pricing raises to ₹4000 per month.
Zerodha Kite Order Types
In total, you can place 3 types of orders using Zerodha Kite, including Limit Order where you place the order based on the specified price.
You can also place a Market Order which gets automatically executed at the best price available in the market for your order. This works for both buy and sell price and is generally only recommended when you are desperately looking to place the trade.
You can also place a Stop-loss order when you have a threshold price in your mind that you want the order to execute at.
Zerodha Kite to AmiBroker
If you are an advanced level trader and are pretty good in Zerodha technical analysis, then with the use of Amibroker, you can move to the next level of trading. It is a comprehensive tool that can help you with backtesting, scanning and charting features.
You can use it in integration with Zerodha Kite as well, thus, placing you at an advantage while you decide you place your next intraday trade.
However, this integration comes at a price and is only recommended when you believe Zerodha kite in itself is not good enough for you to carry on with your intraday trades. These charges are as follows:
Data Subscription Price (1/2/3/6/12 months packages available)
Amibroker Software license
Standard Edition: ₹12,500
Professional Edition: ₹17,600
Ultimate Pack Pro edition: ₹25,800
Taxes are included in the above-mentioned pricing details.
Zerodha Kite Login ID
Once you download the app in your device, you can login into your Kite account by entering the ID and password generated during the account opening process.
Follow the step-by-step process and experience trading in a different manner.
On login to the Kite app or web, you can use the app to add your favorite stocks and check the stock performance as well.
In all, it offers you a better experience of trading.
Zerodha Kite Problems
Some of the concerns faced by users while using Kite include:
Backtesting not possible using Zerodha kite.
Feature to place order directly on the chart is not possible as of now.
Minor issues in charting features seen in firefox browser
Single sign-on feature not possible yet.
Get questions to all your answers on KITE in Zerodha FAQ
Zerodha Kite Advantages
At the same time, some of the advantages users of kite enjoy are:
Works smoothly at low internet bandwidth across small cities and towns of the country
One of the best trading platforms that offer multiple integrations with third-party tools such as ZerodhaVarsity, Quant, Zconnect etc.
Available in multiple languages so that users who do not understand English well can trade in their regional languages.
You may choose to subscribe to Zerodha kite alerts and notifications to stay informed about any specific news the broker wants to share about this application.
Zerodha Kite can also be availed in the form of a chrome extension where specific features (such as order placement, stock tracking etc) can be accessed. This is one of the rare benefits of using Zerodha Kite.
Zerodha kite charges are nil and the stockbroker levies no separate charts for the usage of this application from its clients.
As mentioned earlier, Zerodha kite is available in a mobile version as well.
As far as the final thoughts on this trading application are concerned, Zerodha Kite is an apt web-application for users that are looking for high-performance software with a wide range of features.
If you are a beginner-level trader, it may take some time for you to understand the different features offered in this application and how the overall navigation works etc. However, with time things become much easier to use.
Having said all that, there are times of high-traffic, when the software may see some downtime or any other related challenges. Thus, you need to be cautious during these instances.
Overall, it can be termed as one of the best trading platforms in the country.
If you are looking to open an account, you can provide your details in the form below and we will arrange a call back for you:
Zerodha Kite Comparisons
You may choose to compare Zerodha Kite with other trading applications for your reference: