Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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6.65% 7,884,365 Clients
Zerodha Account Opening Enquiry
Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Zerodha account opening charges are Rs 0 for a trading account and Rs 0 for Demat account. Zerodha charge Rs 300 AMC for Demat account.
| Transaction | Charges |
|---|---|
| Trading Account Opening Charges | Rs 0 |
| Account AMC Charges | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 |
| Demat AMC (Yealy) | Rs 300 |
Zerodha is a Bangalore-based discount stock broker. Zerodha offers online stock and other securities trading to retail customers. Since its inception in Aug 2010, Zerodha has grown significantly over the years.
Commonly asked questions before opening an account with Zerodha
Yes, Zerodha is a safe, reliable and trustworthy broker.
Yes
Rs 20 per trade flat
No
No
No, all trading software and tools are free. However, access to partner products are chargeable.
Rs 13.5 per script per day on sell transaction.
Zerodha is an online broker with over 120+ partner offices across India.
They use the latest technology and keeping the cost low.
Find 20 reasons why you should open an account with Zerodha.
To trade (in stock, commodity or currency) or to invest (in stocks, mutual funds) with Zerodha, a customer has to open a trading account and a demat account. The demat account is not mandatory for customer planning to trade only in derivatives.
Zerodha offers 3 types of accounts:
Zerodha also offers 2-in-1 account (a combo of trading account and demat account) which offers smooth automatic transactions between these two accounts.
One customer account has access to all the segments but each segment has to enable separately at the time of account opening or at later point of time.
Zerodha offers an online paperless account opening to all customers. An individual can open a 2-in-1 account (trading + demat account). Follow the steps below to open a Zerodha demat account online:
The following documents are required for the online opening process of the Zerodha account:
For conveying important information. Verified through One Time Password.
Mandatory as per SEBI Guidelines for verifying details such as identity, eligibility for trading and demat accounts, and compliance with Know Your Customer (KYC) norms across exchanges and depositories.
The address should be verified using Digilocker to upload an Aadhar. XML copy of Aadhar is saved with Zerodha.
For regulatory compliance and risk assessment, Zerodha collects background information including name, date of birth, photograph, address, educational qualifications, occupation, residential status, trading experience, income details, and marital status.
To add an authorized representative, clients must provide their name, mobile number, and email. This enables them to perform certain actions related to processing applications and billing after their identity is confirmed.
The physical signatures are employed as an additional layer of authentication when cross-checked with the submitted application forms.
To identify the financial capabilities of an investor. It is optional in the case of trading in F&O.
The Zerodha account will be opened within 72 hours if the KYC has been verified and the documents submitted are correct.
If the KYC is not up to date, the account opening may take longer than 72 hours. In such a case, an investor can create a ticket to track the account opening status.
Zerodha takes 2 working days to open the account after they receive the signed account opening forms. The customer receives an email confirmation after the account is opened.
If you do not receive a welcome email after 2 days, please call the Zerodha support team, and they can tell you the account opening status.
The process to close a Zerodha account can be initiated either online or offline. To close an account, follow these steps:
After you request to close your account with Zerodha, the company will process your request within 72 business hours.
Zerodha charges Rs. 0 for online account opening. The AMC for the demat account is Rs. 300 per annum. Read more about Zerodha's charges here.
Yes, it is safe to open an account with Zerodha. Zerodha is a SEBI registered broker and a member of the NSE and BSE.
Yes, you can open a Zerodha account on a Sunday.
If you have paid account opening charges then it is nonrefundable. However, if you wish to close your account you can follow this process.
After you request to close your account with Zerodha, the company will process your request within 72 business hours.
It takes 72 hours for the Zerodha account to be opened after KYC and document verification. If the account opening is delayed by more than 72 working hours, customers can raise a ticket. To track the account opening status, log in to signup.zerodha.com.
The following documents are required to open an online account:
Yes, you can. Customers can link multiple bank accounts to one Zerodha account. One primary and two secondary bank accounts. Funds can be deposited to and withdrawn from the Zerodha account via the primary bank account. The secondary bank accounts can only be used for deposits to the Zerodha account, not for withdrawals.
This is a limited time offer. Open an instant Zerodha account online and start trading today.
Zerodha offers online account opening facilities to its customers.
Steps to open Zerodha account online
Zerodha is a stock broker registered with SEBI, BSE, NSE and MCX. It is a SEBI approved broker authorized to offer trading services in stock, currency and commodities. Like other stock brokers, Zerodha is regulated by SEBI and audited regularly by stock exchanges.
Zerodha is as genuine as other stock brokers in India.
Below are a few key facts about Zerodha:
You can open Zerodha account offline in 2 ways:
Zerodha is indeed the best broker in India for Mutual Fund investment. Following are the reasons:
You have to pay online account opening charges while opening the account. The account opening fees charged by Zerodha is as follows:
|
Account |
Fees |
|---|---|
|
Online Trading and Demat Account |
Rs 0 |
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Offline Trading and Demat Account (Paper Form) |
Rs 400 |
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Online Trading, Demat, and Commodity |
Rs 300 |
|
Offline Trading, Demat, and Commodity (Paper Form) |
Rs 600 |
Request a callback from Zerodha for account opening.
Note: For offline account opening (signing paper forms), the fees should be paid by cheque along with the application form.
Zerodha Broking Ltd (formally Zerodha LLP) was founded by Nithin Kamath and Nikhil Kamath in 2010. Zerodha is a Bangalore based company engaged in the business of stock and commodity trading.
Zerodha was the first brokerage firm to offer online discount brokerage services. It offers trading at BSE, NSE and MCX at a flat rate of Rs 20 per trade. Zerodha offers brokerage free equity delivery and mutual fund investment.
Zerodha offers a demat account with CDSL. To open Zerodha demat account online, you need to:
No. An individual can open only one trading account or demat account with a particular broker. You cannot open two trading accounts with same PAN number with Zerodha.
Note: You could open another trading or demat account with the same name and pan number with other brokers. But this can't be done with one broker because of SEBI regulations.
Zerodha offers its customers a 2-in-1 account wherein the trading and demat account are linked. You can open the Zerodha trading account online as well as offline.
No. Unlike full-service brokers, Zerodha doesn't provide trading tips, research, advisory or recommendations. They also do not offer services like portfolio management services (PMS), wealth management and relationship managers.
Zerodha is a 'no-frills' 'online' 'discount' stock broker. It offers stock and commodity trading ultra-low brokerage charges. They don't have an in-house research team.
Zerodha brokerage services are designed for people who can trade by themselves with little help from the broker. To reward these do-it-yourself traders, Zerodha charges over 60% lesser brokerage fees in comparison to full-service brokers like ICICI or Sharekhan.
By not offering add-ons like stock research, Zerodha saves huge cost. They are technology focused broker offering the best online trading platform for a fraction of brokerage fee.
Zerodha has an education platform called 'Varsity' to educate investors and traders in taking their own investment decision.
You can open a Zerodha commodity account along with the equity trading & demat account. The online account opening fee is Rs 300. The account can be opened online by visiting visit Zerodha.com website.
Request a callback from Zerodha if you need assistance with account opening.
It is necessary to open a demat account with Zerodha to trade equity, commodity, or currency. The demat account opening along with the trading account is mandatory at Zerodha.
Zerodha does not allow you to open only a trading account without the Demat account. Even when you have a Demat account with any other broker, you need to open a Demat account with Zerodha with the trading account to trade in Equity, F&O, Commodity, and Currency.
As per SEBI mandate, the Demat account has been a mandatory requirement for trading in Equity stocks for quite some time. For F&O, the Demat account requirement came into effect from October 2019 with the introduction of physical settlement of F&O Stock contracts.
Trading in commodity and currency derivatives generally does not require a Demat account. However, Zerodha does not allow Commodity or Currency trading accounts without an Equity Trading and Demat account.
The documents required for Zerodha account opening are:
Request a callback from Zerodha for assistance from Zerodha account opening team.
The requirements depend on whether you want to open an account online or offline. Here's what you need:
Online Account Opening
Offline Account Opening
Request a callback from Zerodha for assistance from Zerodha account opening team.
The Zerodha Trading and Demat account get deactivated if you do not use them for 6 months. This dormant trading account can be activated by calling Zerodha.
If you are a Zerodha customer and not using the account anymore or moved to another broker, it is recommended to close the account to avoid paying AMC charges. It also reduces the chance of misusing the account by someone else.
Zerodha customer may close the accounts with Zerodha at any point of time. Below pre-check has to be done before sending the requests for Closure of demat account.
The easiest way to close the account with Zerodha is to submit an application for Account Closure. The Zerodha account closure application form can be downloaded from Zerodha's website. Customer can fill the form, sign it and courier it to the Bangalore office.
Note that after the application for account closure is received, it may take up to 2 working days to close the account. The customer receives the email notification with the status updates on account closing procedure. Zerodha do not charge anything for account closure.
Zerodha takes 2 to 3 days to open an account once they receive the online or offline account opening application. The applicant receives a confirmation email once the account is opened. These emails are followed up by the credentials to log in to the trading application.
No, you cannot close the Zerodha account online. You can only close it by submitting a physical Account deactivation/closure form. Download, fill and sign it and send it to the company's registered office.
Zerodha account can be closed easily by sending a signed application form to the Zerodha office. Note that the account closure facility is not available online. To close the Zerodha account, download Account deactivation/closure form, print it, fill it, sign it and send it to the address mentioned in the form.
Customers who are not using the Zerodha account are recommended to close the account to avoid AMC charges and misuse. Due to regulatory requirements, the account closure process is a manual process. The customer has to submit an application for Account Closure. Here are steps to delete or close Zerodha account:
Yes, you need to open a demat account with Zerodha. It doesn't allow opening a trading account without opening a Demat account. You need to apply for a 2-in-1 account combining trading & demat account.
You can deactivate Zerodha account if you want to temporarily stop trading. This will keep the account in freeze but will attract charges like AMC. To de-activate your account:
In-person verification or IPV is a mandatory process for opening an account. It is a process to verify the documents submitted. You need to show the originals of the documents submitted during the account opening. IPV can be done physically or online through a webcam.
You can open a Zerodha account online as well as offline. Here are 4 ways; you can open an account with Zerodha:
Yes. Zerodha is a leading online discount broker offering 2-in-1 account services to NRI. Zerodha does not have a banking license hence an NRI has to first open NRE/NRO bank account with HDFC Bank, Axis Bank, or Yes Bank/Indusind Bank.
Zerodha does not offer an online account opening process for NRI customers. An NRI has to download the PDF account opening form, fill it, sign it, and send the duly filled form to Zerodha's designated office along with the necessary documents.
Read Zerodha NRI Account Review for a detailed account opening process.
Yes, you could link your joint bank account with Zerodha trading & demat account if the signatory method in bank is either or survivor (known as anyone).
In case the bank account need the signature of both the holder to pass the cheque, the first hold name is a must in trading and demat.
Zerodha account opening is free.
Zerodha Account Opening Charges
No, you cannot open just a trading account with Zerodha. You are required to open a trading and Demat account with Zerodha.
Zerodha does not offer only trading account to trade in either of the segments - Equity, F&O, Commodity, and Currency. Even when you want to trade only in Commodities which generally do not require a Demat account, you need to open an Equity Trading and Demat account along with a Commodity trading account.
No, you need to open the trading as well as Demat account, both with Zerodha.
It is mandatory to open a Demat account in Zerodha. You cannot map a third-party Demat account opened with another broker to the Zerodha trading account.
Yes, you can open a Zerodha account on a Sunday. Opening a Zerodha account for individual is done online and can be done at any time and on any day. But the account opened on Saturdays and Sundays is usually activated for trading on Monday.
If you have paid account opening charges then it is nonrefundable. However, if you wish to close your account you can follow this process.
After you request to close your account with Zerodha, the company will process your request within 72 business hours.
It takes upto 72 hours for the Zerodha account to be opened after KYC and document verification. If the account opening is delayed by more than 72 working hours, customers can raise a ticket. To track the account opening status, log in to signup.zerodha.com.
The following documents are required to open an individual account online with Zerodha:
Yes, you can. Customers can link multiple bank accounts to one Zerodha account. One primary and two secondary bank accounts. Funds can be deposited to and withdrawn from the Zerodha account via the primary bank account. The secondary bank accounts can only be used for deposits to the Zerodha account, not for withdrawals.
Zerodha Account Opening Enquiry
Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Zerodha Order Types & Product Types Explained Zerodha Account Closure Online - ExplainedInformation on this page was last updated on Friday, October 4, 2024
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