Here is a point by point comparison of Zerodha Vs FundsIndia. We are going to compare multiple aspects of both of these stockbrokers so that you would be able to figure out which one works the best for you.
Zerodha has been there in the market for a while and understands the concept of discount stockbroking and how it helps traders. FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009.
Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
Discount brokers such as FundsIndia or Zerodha offer trading services at much cheaper brokerage rates and reasonable customer service. To make things easy for you, we have listed out the comparison between Zerodha Vs FundsIndia to help you find which of the two suits your needs better.
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Zerodha Vs FundsIndia Details
This is how both these stockbrokers stack up against each other:
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Zerodha Vs FundsIndia for the benefits of other readers? Please feel free to share in the comments below.
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