Why you should open trading account in zerodha?20 reasons to trade with Zerodha :)
1. Rs 0 (FREE) for equity delivery trades and Rs 20 or .01% whichever is lower per executed order for everything else
2. Same pricing for across all exchanges. 3. No upfront fee or turnover commitment 4. No special penny stock brokerage or minimum contract charge 5. Brokerage calculator to help you calculate all costs upfront
6. Z-Connect, interactive blog and portal for all your queries.
7. Over 96,000 happy customers, averaging a daily turnover of over Rs. 8000 crores 8. No Relationship Managers, no brokerage or sales targets, no forced trades 9. 250+ dedicated support team to ensure the fastest turnaround time for your queries via email or phone 10. Zerodha Associate Program : Refer a friend - earn for a lifetime.
Platform & Technology
11. Trading, charting, and analysis, all rolled into one next generation desktop platform Pi. 12. Minimilastic, intuitive, responsive web based trading platform Kite 13. Innovative and unique trading tools - SPAN Calculator, Bracket orders & Trailing Stoploss, Market Intel... 14.
Amongst few brokerages with multi-datacenter disaster management
infrastructure for safety, speed, and reliability. Exchange connectivity
of 140 orders / second vs. an industry average of 40 orders / second 15. Q & Quant, the next generation backoffice, reporting, and analytics suite
16. 60-day-challenge: Trade profitably and get acknowledged—with a full brokerage refund 17. Write, backtest and go live on technical analysis strategies for free 18. Average exchange margin utilization of 55% vs. industry average of 70%—lower risk 19. T+0 settlement on NSE and no additional margin on MCX -- lowest overnight margin requirement 20. Debt free, profitable, and QOQ growth from day one (37 cr. revenue in 2013-14 and 70 cr. in 2014-15)
Get in touch with Zerodha Click the button below:-
Our mutual fund platform mf.zerodha.com is now live. Continuing with our tradition of innovation, there are many firsts.
Search any fund.
Analyze historical performance.
Click on Buy for lump sum or one time investment, and SIP (systematic investment plan) if you intend to invest small amounts of money at fixed interval automatically.
Search and click on Buy or SIP to start investing
You are just one click away from buying any mutual fund after logging into the platform. To login use Q (our backoffice tool) login ID and password. Currently mutual fund purchases are enabled for only those clients who have Zerodha demat account (Not IL&FS or any third party demat account) mapped to the trading account. If you don’t have a demat account opened yet, print the pre-filled form available here, sign, and courier to have the account opened within 24 hours.
For everyone investing in mutual funds for first time, it is important to note that unlike stocks where price changes every second, the NAV (Net asset value) price of mutual funds change only once at end of every trading day. Orders placed to buy or redeem a fund are typically executed based on the NAV price of the next trading day.
Mutual funds in Demat
Among the first few platforms in India to offer convenience of holding mutual funds in your demat account along with all your stock holdings. A single portfolio view for all your investments.
Investments using a demat account also ensure that your dependents get easy access in case something unforeseen were to happen in the future.
Similar to how you can pledge stocks, exchange approved mutual funds (list will be shared soon) can be pledged to receive margin for trading F&O. Essentially investing in mutual funds at Zerodha will be very similar to investing in stocks.
Mutual fund investments similar to investing in stocks at Zerodha will be absolutely brokerage free.
All orders to purchase or redeem mutual funds placed before 8 am are placed on the MF execution platform (BSE Star MF) on the same day (T day), and will be executed on the end of day NAV price.
Orders placed after 8 am are placed the next trading day (T+1), and will be executed on the T+1 NAV price.
Buying mutual fund requires you to enter the value or amount in rupees whereas redeeming requires you to enter the number of units. This is different from stocks where you enter quantity of stock and price at which you want to buy or sell.
Out of the 40 AMC’s in India, we are currently empanelled with most of them. If you are not able to search for a particular fund house, it means we are in the process of getting empanelled with them.
NAV tracking conditional orders
For the first time in India you can now set conditional orders which track the NAV price. Whenever your preset NAV trigger price is reached, an order with value to buy or redeem mutual fund units is placed. NAV’s are declared by mutual funds before 11pm everyday, and such NAV tracking conditional orders are placed before 8 am next trading day if your set NAV trigger is met, to ensure you get to buy or redeem immediately.
These orders are good or valid until cancelled. An email alert is sent as soon as any conditional order is placed. This will ensure that you don’t have to keep checking NAV prices, and can run your investments in MF on an auto mode.
MF buy order window with option to set conditional order
You can place similar orders like above to redeem mutual fund units by visiting your portfolio and clicking on redeem. You can also cancel all pending conditional orders and view your order history as shown below.
Accessing portfolio, SIP’s, and Order history
SIP or systematic investing plan is when you invest small periodical amounts instead of lump sums. This is a very popular way of investing and rupee cost averaging over long period of time ensures that investor gets maximum value even with volatility in the markets.
Traditional mutual fund platforms require you to sign up ECS or NACH mandate so that these small periodical amounts can be debited from your bank accounts. This is quite a tedious on-boarding process, and requires one mandate for every fund house.
On the Zerodha MF platform, you can start as many SIP’s as you want with a click of a button without having to sign any mandate forms. As long as you have funds available in your Zerodha trading account on the buying date set by you based on your SIP interval, the SIP order will be placed. We will also send an email alert before the SIP date.
SIP order placing
All SIP orders can be paused and restarted anytime by visiting the SIP menu as shown below.
SIP order – pausing and restarting
Don’t know where to start?
We have selected three funds for you to get started investing in mutual funds. A diversified fund for long term wealth creation with no lock-in period, a tax saving fund to create long term wealth but with a lock-in period, and a debt fund for fixed income with no equity exposure.
1. Trade less but smartly and wisely. Also never overtrade using margin and funding because your emotions are directly attached to money. And thus it can hamper your pocket huge and suddenly.
2. The trend is your friend. If the stock is climbing up and up, and you keep shorting the stock, time to look again at what you're doing.
3. Lack of concentration. . . wake up! Don't trade if your life is in an upheaval. You need to be focused when trading, not distracted. Make sure you're getting enough sleep... RELAX..!! Trading is very easy if you can do it.....
4. Trading too many stocks at once. Don't try to be a "Jack of All Trades. " and You'll be a master of none.
5. Watch out for your greed! Swallow that appetite! The emotion that will kill you is greed. It's a good idea to let profits ride, but once you've made a considerable profit, it's a good idea to take the money and run.
6. Don't average down. Buy a stock that is going up, not down! Short the stock that is going down! If you have to average down, that means you didn't cut your losses at your stop loss point.
7. Save on brockerages. Intraday trading is riskier , brokerage commission will play an important role in intraday trading, because it adds to the buying cost of a stock / future / option . If it’s high then it would be difficult for the trader to make some good profit intraday. Iam using zerodha, Zerodha offers Zero brockerage on unlimited delivery trades and Rs 20 for one lot or 100 lots (Irrespective of size of order). U need to open trading account with wonderful house. Iam using zerodha.com, he charges Rs 20 each order irrespective of size of order. Check the brockerages anytime with automatic brockerage calculator. If trading or speculating with options, it is best to have a fixed plan before entering a trade. That way there are no emotional decisions involved.
Iam New to Stock Market. How to trade in Nifty Options Call and Put, what I need, Tell me in brief?
Options on the Nifty are mainly used by large fund managers to hedge their cash positions against large losses. They are also used by institutional and retail investors to speculate on the direction of the markets. This post is for someone who understands the basics of options and is interested in trading options in the Nifty. It details on the contract specifications, expiration dates and liquidity on the NSE for Nifty Options. It does not help with the Option Basics.
Follow the steps to learn how to trade options on the Nifty. What at all you need for successful trading in Nifty
1. Open an online trading account with a Discount Brokerage House. Activate the Derivatives Trading (some brokerages refer to it as F&O account) facility and transfer money to the separate Derivative account. Check out the Brokerage firms execution rate and reliability before creating an account with them.
2. Iam using Zerodha.Zerodha charges Rs 20 per trade irrespective of quanty of the trade. Check the pic below for charges. You can even check the brokerages charged by Zerodha.com from the follwing link. See the comparison of brokerages charged by a leading broker and Zerodha. Contact ZERODHA NOW
2. The options contracts are European style and cash settled and are based on the popular market benchmark S&P CNX Nifty index (Simply NIFTY)
3. 1 Lot or Contract of Nifty Option consists of 25 shares. 90% of the trades take place in the Near Expiration Contracts and liquidity is good.
4. S&P CNX Nifty options contracts have 3 consecutive monthly contracts, so that at any point in time there would be options contracts with at least 3 months available. On expiry of the near month contract, new contracts are introduced at new strike prices for both call and put options, on the trading day following the expiry of the near month contract.
5. An option is bought or sold by paying the option price * 25. eg. The Nifty is currently trading at 8400, the July Exp 8400 call is trading at 140. So, to buy one contract you pay 140*25 = 3500 Rs. (Some brokers gives you leverage but do not go for it you may loose more money).
6. The most active option in the Nifty normally trades around 2,00,000 contracts. ie. 1,00,00,000 shares.
7. The Option moves with the Nifty Futures and not the SPOT Nifty prices. So if the Nifty futures move up, the Calls too move up regardless of the SPOT Nifty price.
8. NSE Options expire on the last Thursday of the month. And in case the last Thursday is a holiday then the day before the last Thursday is the Expiration Day.
1. Nifty Options follow Nifty Future prices and not the Nifty Spot price. You have to follow both the Nifty Futures and Nifty Spot prices.
2. Trend following strategies with stop losses work best for trading.
3. Take positions giving more importance to the underlying price (in the case, the nifty price) than the option price.
4. Give room for the trade to move and set stop losses with the underlying in mind.
5. Intraday trading is riskier , brokerage commission will play an important role in intraday trading, because it adds to the buying cost of a stock / future / option . If it’s high then it would be difficult for the trader to make some good profit intraday. Iam using zerodha it is harging Rs 20 for one lot or 100 lots (Irrespective of size of order) Uneed to open trading account with wonderful house. Iam using zerodha.com, he charges Rs 20 each order irrespective of size of order. Check the brockerages anytime with automatic calculator. If trading or speculating with options, it is best to have a fixed plan before entering a trade. That way there are no emotional decisions involved.
6. Options are best used to trade intra-day or hedge already existing cash or future positions. It's better to stick with Futures for trading with a longer time frame.
1. Stop-losses have to be decided on before entering a trade.
2. It is always wise to trade only a small portion of the total capital until you understand the risks and rewards.
3. Carrying Option trades to the next day can result in extra commissions, and factors like volatility and loss of time value come into effect. 4. Options are very volatile instruments, and many factors influence its price. 5. Volatility, time value and the underlying price all have effect on the option price.
2. A Desktop Computer with UPS and/or Laptop. 3. Super fast 3G/Broadband Internet Connection. 4. Android Smartphone with 3G Internet loaded with trading app. 5. Most importantly subscribed for a web charts with automatic buy sell indicators.
Yes, you read it right! All investments at Zerodha will now be absolutely brokerage free starting 1st Dec 2015. No upfront fees, no minimum volume, no special terms and conditions, no clauses, no strings attache
Right from the conception of our name, the plan was to get here, it has taken us over 5+ years. This wasn’t done on the back of any VC/PE fund raise nor do we have any such plans for the near future. Now my guess is that you all will have a couple of questions:
As a business we have hit a point of realization of how shallow the stock market participation is in India, probably not more than a million active investors (<0.1% population). Not just for brokerage businesses like us, but economic growth in a modern economy hinges on vibrant capital markets. 65% of Indian population is below the age of 35, and something has to be done to attract them to start investing in the markets. For this to happen, I think we need to bring in coolness into the brokerage business.
With Kite, our new web/mobile app(android launching shortly), the focus has been to make the user interface clutter free and as less intimidating as possible for a new investor, while still being able to give all the power in terms of speed, charting, and functionality an active trader needs. To make life a lot more easier for an investor, we will soon launch valid till cancel orders, and SIP on equity. Our mutual fund platform is in beta testing. Kite is already available in Kannada and Malayalam, and will very soon be available in 8 other languages. We believe that localization of the platform will help grow the markets, especially in tier 2 and tier 3 cities. To complement the above, Varsity our education initiative has also become extremely popular, attracting many new investors to learn about the markets.
In essence, investment culture has to be nurtured, and we intend to do this not just by offering a zero brokerage investing platform, but also an extremely easy user experience. The plan is to on board the next 1 million participants who are currently not investing, show them how stock market can create wealth if invested for long term, help grow the capital markets in India, and also hope that a few of them will turn traders and add revenue to our business.
Though this decision might sound random, but we have been planning on this for a while.
We have just launched Kite trade restful API’s for institutions. These API’s can be used by prop desks for trading, or by technology firms who want to disrupt the brokerage business by building unique trading front end and let us, Zerodha, take care of all the operations (Brokerage as a service model). These API’s will come at a fee, so this would mean institutions trading with us will help subsidize the retail investors.
We are soon starting margin lending for a fee for equity delivery trades. By margin lending, I mean clients who want to buy stocks worth more than the money they have in their trading accounts for delivery.
All F&O and equity intraday trades would continue to be charged at Rs 20 or 0.01% whichever is lower per executed order. Equity investment would mean any stock that you buy and hold to the next day.
We are hoping that in the process of adding investors, we will also be able to add to our active F&O trading client base.
For our plan to be a success, we will need your continued support. Do help spread the word.