Golden Trading Rules you must follow

Golden Trading Rules

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. 

8.     Most importantly subscribed for a web charts with automatic buy sell indicators.

Automatic Buy Sell Software

Regards and Happy Trading

Iam New to Stock Market. How to trade in Nifty Options Call and Put, what I need, Tell me in brief?

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.

SMALL TIPS

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.

WARNINGS

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.

Things You'll Need

1. An Online Trading Account with a brokerage which supports Derivative Trading (F&O Trading).

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.

Regards and Happy Trading

Zerodha gone to Zero Brokerage

Traders & Investors,

Zerodha gone to Zero Brokerage
 

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:

Why?

 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.

How?

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.

Happy Investing,

See How you are loosing your hard earned money to the brocker. Now Iam happy opened account in Zerodha and saved my brockerage upto 90%. Hurray see the following example in the image. Check with Zerodha Brockerage Calculator Now yourself

 

1. I have bought Two lots (Qty-100 each lot) of nifty Call at Rs 152.43 (Paid brockerage of 134.67).

2. Suared OFF the position at 164.83 (Paid brockerage of 451.54). A total of Rs 586.11. 

3. Now if same trade is executed in Zerodha Account, I have to pay Rs 90.07 only, Saving of Around Rs 500/- in a single transaction.

4. So, open Account today with Zerodha and only you enjoy your profits not others.

Unlimited free Delivery Cash Trades with Zerodha.com
Other Trades Rs 20 per order Irrespective of Quantity

Why Zerodha? 20 Simple reasons to trade with Zerodha

Why Zerodha? 20 Simple 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 Equity, F&O, Currency, and Commodity across all exchange

3. No upfront fee or turnover commitment

4. No special penny stock brokerage or minimum contract charges

5. Brokerage calculator to help you calculate all costs upfront

Support

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, and definitely 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

More ...

 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

 

Zerodha Scraps brockerage charges on Delivery trades; Rivals miffed by move

         

BROCKERAGE FREE ON UNLIMITED DELIVERY TRADES. RS 20 FLAT FOR F&O, EQUITY INTRADAY TRADES

Zerodha could turn out to be the disruptive force in the world of Indian stock broking as Uber and Ola have been in the hail-a-taxi business. Come Tuesday, clients of the Bengalurubased discount broking firm will not need to pay brokerage fees for buying or selling shares through its platform. This is the first time an Indian brokerage has decided to forgo fees for facilitating client trades, a move that could evokes an aggressive response from some rivals.

The 'zero brokerage' structure will be restricted to cash trades and not futures and options, said Nithin Kamath, chief executive of Zerodha.

 

"We have not been able to grow exponentially. We add 5,000-6,000 clients every month but that is not enough. Hopefully, zero brokerage will double this count," he told ET, claiming that there is 'no catch' in this concept. Currently, most large firms charge 0.5-1% as brokerage for a leg of trade.

This means, if a client buys shares worth Rs 1 lakh, she pays a brokerage of Rs 500-1,000. For larger clients, the fee could go as low as 0.3%. Smaller broking firms charge brokerage of as low as 0.1%. So far, discount broking firms like Zerodha and RKSV, among others, have charged flat fees of Rs 15-20 per trade for cash and equity derivative trades.

"I am confident we will be able to attract both retail investors and traders because zero brokerage will keep their breakeven levels lower," said Kamath. The losses in brokerage revenue will be partly compensated by a premium product offering to its institutional clients, he said.

"We have estimated that the revenue losses could be roughly 10-15%,"said Kamath. The unlisted firm reported about Rs 70 crore revenue in 2014-15, almost double the previous year.

Rival brokerage firms are miffed with Zerodha's aggressive pricing strategy with one official calling the move 'short-sighted'. "This is not a sustainable business model. At the end of the day, clients should result in revenues," said the managing director of a large retail brokerage. The chief executive of a rival brokerage said Zerodha will be in trouble if its business model succeeds as others could make trading in futures and options free.

"Over 75% of Zerodha's volumes are from F&O and others will move in to capture that," the chief executive said. 

Check this Link:-

http://articles.economictimes.indiatimes.com/2015-12-01/news/68688560_1_zerodha-nithin-kamath-brokerage-revenue 

How Iam making profits with NIFTY Options Call Put Intraday Trading? What is my Strategy? What You need?

You need to check following before starting trading:-

1. Investment Capital Of Rs 20,000.
2. Basic Understanding of Nifty Options, Call Put etc. (Basics Of Options)
3. Good PC and or Laptop with UPS (In case of power failure)
4. Broadband Internet/ 3G Net connection.
5. TV with CNBC Channel (For latest news)
6. Good Android smart phone with 3G Internet and required App's.

7. Good Discount brokerage Account which charges you less brokerages. (Iam Using Zerodha). 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 profits in intraday. Iam using zerodha it is harging Rs 20 for one lot or 100 lots (Irrespective of size of order).

8. In Stock market everybody generally takes cues (Knowingly or unknowingly). You should have taken tips from CNBC or some business channels or from econamic times news paper or from your friends or from any other source. But every time you get only one message, do not trust these tips providers. Then what to do?. They say that learn Analysis of Technical Indicators yourself and then start trading (How much time and money will it take?). Ok You have learned all technical indicators and its analysis then what? Still, you need some software like Amibroker or Ninjatrader for actively analysing the Technical Indicators. They say do not do not trust these tips providers, make your own AFL Formula, backtest and then trade. How do you know your AFL is correct? Will it give you profits? you are not sure….. You have tried different AFL formulas on your system and result is no real profits. But for making system of Amibroker with AFL Formula alive and working u need so much of money:

(a) Monthly cost for buying Amibroker software (Rs 10000+)
(b) Monthly Live Market data (Rs 5000+)
(c) Learning Technical Analysis (How much time u need)
(d) Proven AFL Formula (No body can get/create it easily)

9. After having all of the above nobody can guarantee that you can make profits from this systems. So some people having experience in market made same setup and made  AFL Formula which works as they claim 40% to 60% in 3 months disciplined trading. You cannot see the AFL Formula at the back but you can get the signals at very nominal rates. Iam using a Best Buy Sell Signal Software Check Free Trial Now

10. I have subscribed for famous intraday tips for Rs 10000 (Oh my god) for one month, He generally gives one tip in a day. I was trading with major brokerage with 3 in 1 account. After one month trading, what i can see is Rs 10000 for TIPS + Rs 22500 for Brokerage + Rs 2500 Loss = A total loss of Rs 35000.

11. Tips worked for only half time, so what you got is what you loose and some dynamic trading by me made 2500 loss.

12. I have paid Rs 22500 as brokerages (Can u believe this?).

13. Paid Rs 10000 for tips. After that I have changed my plan stopped trading for a month and checked what went wrong with me? I got this

14. I came to know that in Intraday trading, brokerage commission will play an important role, 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. So I have Immediately shifted to zerodha. Zerodha he charges Rs 20 each order irrespective of size of order. (Check the brockerages now with automatic calculator.) and another advantage is you can save 90% on brokerages (Even 100%) with zerodha.

15. And most importantly i have shifted to a Automatic buy sell signal software. Which generates buy and sell signals in live market. So i have subscribed and started trading.

Automatic Buy Sell Signal Generator works : Free Trial.

16. Now my life has changed, I have made Rs 10500 Profit after paying brokerages of Rs 2500 only and Rs 1000 for Automatic buy sell signal.

17. Several times I have missed heavy profits because i have squared off early. Now I got confidence and making nice profits. Check the recent Screenshots of Mega Profits given by this Signals Iam using.

Regards and Happy trading.

Why Iam Using Zerodha to Increase my intraday profits?

 

Total number of customer Zerodha has and at what speed its customer base is growing?

1. Zerodha is among the fastest growing stock broker in India. Zerodha started its operations as discount broker on 15th Aug 2010.
   As of July 2012, company has approximate 15,000 active customers and growing at around 10% every month. This is a significant growth for a new broker in highly competitive brokerage market. For a company which doesn't have any branch, except its Bangalore office, this kind of growth is phenomenon.
   The growth of the company was contributed by the easy referral model it offers to the customers. Satisfied customers; who saved good amount of money in brokerage fees, referred their friends and family members and played a key role in the growth of Zerodha.
2. 
   How is Zerodha broker? How safe they are? Are they genuine and reliable?
   
   
   
   Zerodha is a discount broker offering fixed price brokerage of Rs 20 per trade. Zerodha is first discount broker in India who launched the cheapest flat rate brokerage in Aug 2010.
   Zerodha is as credible and safe as any other broker in India. They are registered with SEBI, BSE, NSE, MCX etc and regularly audited by them.
   
   Zerodha's Membership Information:
   
   
   1. Zerodha NSE Member ID:
      
      • Capital Market (CM) - INB231390627
      • Future & Options (F&O) - INF231390627
      • Currency Derivatives (CDS) - INE231390627
        
   2. Zerodha BSE Member ID:
      
      • Capital Market (CM) - INB011390623
      • Future & Options (F&O) - INF011390623
        
   3. CDSL: IN-DP-CDSL-00278209
      
   4. NSDL: IN-DP-NSDL-11496000
      
   • Zerodha NSE Registration Date: Jun 30, 2010
   • Zerodha BSE Registration Date: May 17, 2012
     
   Zerodha is a reliable and genuine broker. They are game changer in India stock broker industry.
   Also note that Zerodha provides demat account though IL&FS DP Services. ILFS Securities Services Ltd is a well known and respected financial firm in India.
   
3. Is Zerodha registered with SEBI?
   Yes, Zerodha is authorized by SEBI. Zerodha is a registered broker with BSE, NSE and MCX and governed by SEBI like any other broker in India i.e. ICICI Securities, Reliance Securities etc.
   You can find this information on SEBI website at http://www.sebi.gov.in/pmd_mb.jsp?PmdIndxName=Z&listCode=E
   
4. Who are Zerodha's competitors in India Stock Market?
   Zerodha is a discount broker providing Fixed Price brokerage services without any monthly fees or additional charges like software uses charge.
   There are other discount brokers who work on different model including fixes monthly rent for trading with them. For example R K Global has a plan with Monthly Membership Fees Rs 999 (+ 100 software uses charge) and provides unlimited trading in NSE Capital Market Segment. The problem with this model is; you have to pay the rent irrespective to you use it or not. Also for each segment you have to buy separate plan.
   
   Ventura, R K Global and Unicon provide retail plans for a fixed price monthly rental.
5. How Zerodha is popular in trading market?
   Zerodha is fastest growing discount broker in India. It has grown from 0 to 10,000 accounts in less than a year without any advertisements. There growth is all because of word-of-mouth publicity by their satisfied customers. This clearly shows how popular they are.
6. Does Zerodha trades on BSE as well?
   Zerodha has got approval from BSE as a trading member on May 17, 2012. Zerodha is planning to start allowing its investors trading on BSE in September 2012.
7. How much is Zerodha's turnover?
   While the exact numbers are not available, as of Aug 2012, Zerodha is making an average daily turnover of Rs 2000 Crore at NSE.

Category: Questions related to account opening with Zerodha

1. Can I transfer my existing demat account to Zerodha?
   Zerodha doesn't provide the demat account services. It has a partnership with IL&FS DP to provide demat services to its customers.
   The transactions between Zerodha and IL&FS demat account are seamless and taken care by Zerodha.
   But you are free to use any other demat account including your existing demat account. The only challenge is; when you buy shares, the shares get transferred in to your account by Zerodha but when you sell them, the shares have to be transferred to Zerodha manually by you. This could be a cumbersome process. That's why it is recommended to open a demat account also with Zerodha along with the broker trading account.
   
2. How to link Zerodha trading account with Indiabulls demat account?
   If you already have a demat account with Indiabulls or any other DP, this account can be linked to Zerodha trading account. When opening the trading account, please explain the situation and the representative will help you with this.
   Please note that there are few challenges in using DP accounts other then IL&FS DP, which is opened though Zerodha. On sell transactions, you will have to transfer the shares manually from your demat account to Zerodha, as Zerodha doesn't not have access to your demat account with Indiabulls or any other DP.
   
3. How many days does it take to open account with Zerodha?

Contact Zerodha to get more information or account related enquiry.

Category: Zerodha Charges related questions

1. What are the charges for opening trading and demat account with Zerodha?
   
   • Zerodha Trading Account Opening Charges (One Time): Rs 300
   • Zerodha Demat Account Opening Charges (One Time): Rs 300
   • Zerodha Trading Account Annual Maintenance Charges (AMC): NIL
   • Zerodha Demat Account Annual Maintenance Charges (AMC): Rs 400 Per Year
     
2. How much does Zerodha charges for Stamp Duty?
   
   Stamp duty is charged under schedule 1 to the Indian stamp act for contracts shared with customer in any format including paper or electronic. The amount charged various by state from where the broker operates.
   Zerodha charges .01% or Rs. 50 per contract note whichever is lower in all states except for clients whose permanent address is in Gujarat, Andhra Pradesh, Kerala, Tamil Nadu and Maharashtra.
   Separate contract notes are sent for different truncation type i.e. one contract note for Equity (delivery+intraday), another contract note for Futures & Options and another for Commodities. Thus separate stamp duty is payable for each segment.
   Please contact Zerodha for latest updated on stampduty charges.
   
3. STT charges in Zerodha for delivery trade?
   Securities Transaction Tax (STT) is the tax paid when buying or selling of securities in India. The STT is various by the transaction type i.e. for delivery based trading its charged at 0.1% on both Buy & Sell and for Intraday equity trading its charged at 0.025% only on the Sell Side.
   
   • STT on Equity Delivery Trading - 0.1% on both Buy and Sell
   • STT on Equity Intraday Trading - 0.025% on the Sell Side Only
   • STT on Equity Futures Trading - 0.01% on Sell Side
   • STT on Equity Options Trading - 0.017% on Sell Side (on Premium)
   • STT on Currency Futures Trading - No STT Charges
   • STT on Currency Options Trading - No STT Charges
   • STT on Commodity Trading - 0.01% on Sell Side (Non-Agri)
     
4. How much brokerage I have to pay when I trade multiple lots with Zerodha?
   Zerodha charges maximum Rs 20 per executed order in all segments (i.e. Capital Market, Derivatives Market and Currency Derivatives segments). It means it doesn't matter how many lots you trade in an order, the brokerage still remains at maximum Rs 20 per trade.
   For example:
   
   
   • If you trade 1 lot of Nifty options; you pay brokerage of Rs 20 to buy and Rs 20 to sell.
   • If you trade 10 lots of Nifty options in single order; you still pay total Rs 20 to buy and Rs 20 to sell.
     
5. What is the point to breakeven with Zerodha?
   
   Point of breakeven (breakeven point or BEP) in share trading is the price at which the net gains or net losses are almost 0 (after paying the brokerage and taxes for both the buy and sell transactions and adding other expenses). Or in other way, when the Net Profit or Net Losses reaches close to zero, the price difference is the breakeven point for the transaction.
   For Example:
   
   While doing Intraday Trading with Zerodha if you:
   
   • Buy: 1000 Shares at Rs 100
   • Sell: 1000 Shares at Rs 100.26
   • Net Profit (after paying brokerages & taxes to Zerodha) = Rs 3.83, which is nearest to Rs 0 net profit.
   • Point to breakeven or BEP = Rs 0.26
     
   If you sell the share at any price above Rs 100.26, you will make profit from this deal. As Zerodha brokerage charges are cheapest in industry, the breakeven point with Zerodha is lowest too.
   
   BEP for NIFTY Future:
   
   

   Number of Lots	Points to Breakeven
   1 lot	2.50
   2 lot	2.10
   3 lot	1.97
   4 lot	1.90
   5 lot	1.86
   6 lot	1.83
   7 lot	1.81
   8 lot	1.80
   9 lot	1.79
   10 lot	1.78
   11 lot	1.77
   12 lot	1.77
   13 lot	1.76
   14 lot	1.76
   15 lot	1.75
   Above 15 lot	1.70

   
   Note: Breakeven calculation generally doesn't include stamp duty charges by the broker.
   
6.  How much are Zerodha's DP Charges?
   
   
   
   
   Zerodha provides DP services though ILFS Securities Services Ltd. The charges of their services are provided in the table below:
   
   1. Demat Account Opening Charges: Rs 300
   2. Stamp Charges payable upfront (at actuals): -
   3. Custody Charges: -
      
   4. Annual Maintenance Charges (AMC):
      a. Individuals Rs 400 Per Year + Service Tax
      b. Corporates Rs 7000 up front. There would be no AMC charged to the account after that.
      
   5. Transaction Charges per ISIN:
      a. Buy (Receive): NIL
      b. Sell(Debit): Rs 8 + NSDL charges(Rs 5) flat for every debit transaction
      
   6. Inter Depository Transfer::
      a. Buy (Receive): NIL
      b. Sell(Debit): Rs 8 + NSDL charges(Rs 5) flat for every debit transaction
   7. Demat (Per certificate): Rs 2 + Rs 35 as courier charges
   8. Remat (Per ISIN): Rs 25 per certificate or 0.5% of the value whichever is higher + Rs 9 (depository charges)
   9. Courier charges per Demat/ Remat request: Rs 35
   10. Pledge per ISIN: 0.02% of the transation charges subject to minimum of Rs 50 + Rs 9 (depository charges)
   11. Unpledge per ISIN: 0.02% of the transation charges subject to minimum of Rs 50 + Rs 9 (depository charges)
   12. Pledge Invocation per ISIN: 0.05% of the transation charges subject to minimum of Rs 50 + Rs 9 (depository charges)
   13. Periodic Statement::
       a. By Email: Free
       b. Physical: Rs 35 (Couier Charges)
   14. Adhoc / Non Periodic Statement Requests::
       a. By Email: -
       b. Physical: Rs 25 per request upto 10 pages. Every additional 5 page at Rs 5 + Rs 35 (Courier Charges)
   15. Delivery Instructions::
       a. First Delivery Instruction Book (10 leaves): -
       b. Every Additional Booklet: -
       c. Transfer through "easiest" (online): -
   16. Late Transaction Fee: -
   17. Cheque Bounce/ Per cheque: Charges will be applied based on charges as determinded by our bank
   18. Failed Transactions: Rs 50 per transaction
   19. Account Closure: -
7. How much is the minimum amount needed to open trading account with Zerodha?
   Zero. There is no minimum amount needed for opening or maintaining a trading account with Zerodha.
   The brokerages charges are also payable as you trade. There are also no yearly maintenance fees for brokerage account with Zerodha.
   Note that you have to pay Rs 400 per years for Demat account which you open with Zeordha along with your trading account.
8. How much are Zeordha's software maintenance charges?
   Zerodha doesn't charge anything for software users. Both website based trading and terminal based trading platforms are available for free to all the customers.
   Zerodha also doesn't charge any account maintenance fees. Even if you do not trader from few months, your account is still active.

Category: Zerodha Margin Requirement

1. How much margin does Zerodha offers in different segments? What are Zerodha's margin requirements?
   

   Item	Equity/Cash	Futures	Options	Currency	Commodity
   Margin Benefit	4 – 10 times *	40% of Exchange prescribed margin **	None for buying. For Sell same as Futures ****	100% of Exchange prescribed	50% of Exchange prescribed margin
   Margin Time	9:15 to 3:10	9:15 to 3:00	9:15 to 3:00	9:15 to 4:45	25 minutes before Close
   If Shortage (square off)	Positions will be squared off automatically	Positions will be squared off by RMS Admin ***	Positions will be squared off automatically	Positions will be squared off automatically	Positions will be squared off automatically
   Margins against Stock	4 – 10 times based on Zerodha's valuation of customer portfolio	Margin provided if MTM losses can be brought in on the same day	Margin provided if MTM losses can be brought in on the same day	Margin provided if MTM losses can be brought in on the same day

   * Intraday margins for Cash are pre-determined, so you will get 4 – 10 times exposure on your cash. We have an Excel sheet on our website which gives you the list of all stocks for which margins are provided.
   ** Intraday margins for Futures and writing options are 40% of the SPAN + Exposure margin prescribed by the exchange. You can view the SPAN margin report in your back office personal ledger. It's updated every day. Example: if the margin requirement for Nifty is Rs. 25000, at Zerodha you can trade this at only Rs. 10000
   *** All Futures positions will be squared off by our RMS Admin desk starting at 3:00 PM. If you have sufficient funds, your positions won't be squared off. Admin square off entails a Call & Trade charge of Rs. 20,so please square off on your own to avoid these charges.
   Any open position which has a loss of over 80% of the capital will be squared off automatically without margin call. For example, if the exchange prescribed margin for Nifty is Rs. 25000, you should have those funds in your account, failing which your position will be squared off. There will be no margin call from Zerodha.
   Intraday margins are provided (on request) on the holdings in your account if you have sufficient cash for MTM difference.
   **** For buying Options, you have to pay full cash, no margin benefit is provided.
   For selling options, the margin requirement is similar to Futures margins. The margin requirement varies depending on the strike price and expiry date.
   

   Strike Price of Option	Margin Required
   At the Money	Same as Futures
   In the Money	30% more than Futures Margin
   Deep in the Money	60% more than Futures Margin
   Out of the Money	20% less than Futures Margin
   Deep out of the Money	30% less than Futures Margin

   The writing/sell price of Options increases based on the expiry date of the option. The near month option will use 20% more margin than the present month option. And similarly, the far month option will use 30% more margin than the present month option.

Category: Miscellaneous Zerodha questions

1. How much margin does Zerodha offers in cash segments?
   Zerodha gives 4 to 10 times leverage for stocks on which F&O trading is allowed. For most other stocks of NSE Zerodha gives 5 times leverage. All margins are given only for trading Intraday. No margin is given for delivery trades. The client needs to have enough money in his trading account to take delivery of shares failing which Zerodha cuts the positions.
2. How much margin does Zerodha offer in future segment?
   Zerodha lets traders take positions for Intraday with 40% of the SPAN + Exposure Margins. On days when Zerodha feels the volatility is on the higher side the margins will be raised to 75% of SPAN + Exposure Margins. The sum of SPAN and Exposure margins is required to hold positions overnight.
3. How much margin does Zerodha offer in options?
   Zerodha doesn't offer any margins for options.
4. What incase if we did not sell shares with Zerodha in intraday Trading?
   While doing intraday trading you can keep the position open until 3:20 PM. If you are failed to square off your position, the auto square off begin by the system automatically and to settle the transition. An additional charge of Rs 20 is applied on all ‘Auto Squared’ trades executed by the system after 3:20 PM.
5. How to get sub broker license from Zerodha?
   Zerodha doesn't offer sub brokership.
6. Can I do online trading with multiple brokers India?

Yes, you can trade with as many brokers as you want. You can also have multiple demat and trading accounts with different or same broker.

1. Does Zerodha allow After Market Orders (AMO)?
   Yes, Zerodha does provide an option to place after market orders. Orders can be placed after 6:30 PM to 9:15 AM. Below are few key facts about after-market orders with Zerodha:
   
   • AMO's can be placed in all the equity market segments as well as commodity trading.
   • After market orders can be place as limit as well as market type orders.
   • Orders placed between 8:45 AM and 9:15 AM can't be modify or cancel.
   • An option is available in Zerodha Trader to place AMO's. You can go to 'Order and Trade' menu and choose 'AMO' option.
2. Can I do Mobile Trading with Zerodha? How do I download the Zerodha Trader Mobile Application?
   Zerodha provides Mobile Trading facility on almost all smart phones. If you have Android Device, BlackBerry or Nokia phones, you can download the applications from following links and start trading right from your mobile phone.
   https://trade.zerodha.com/download/
3. I trade only in F&O. Do I still have to open a Demat Account with Zerodha?
   If you trade only in F&O segment, you don't have to open a demat account with Zerodha. Note that the Annual Maintenance Charges (AMC) of Zerodha Brokerage Account is Zero. If you don't have a demat account with Zerodha, you have no AMC.
4. What is the leverage limit in all segments at Zerodha?
   
   • Equity Cash - 3 to 20 times
   • Futures - 2.5 to 3.5 times
   • Currencies - 2 times
   • Commodities - 2.5 times
5. Are there any limitations / monthly targets compulsory while trading with Zerodha?
   No there is no limitation or monthly target.
6. Is any minimum balance required in trading account?
   No there is no minimum balance required.
7. Do I need Demat Account for Commodity Trading at Zerodha?
   Demat account is not required if you are trading only in Commodity segment.
8. Is automatically fund managed for all segments?
   There are separate funds for Equity and Commodity segments.
9. What is the trading platform at Zerodha?
   Zerodha Trader is the platform Zerodha offers to its client. This is built on 'Omnesys NEST Trader' trading platform.
10. Does Zerodha offers common trading platform for all segments?
    Yes. Zerodha Trader is the common platform for trading Equity, Currency and Commodity at MCX, NSE and BSE.
11. Is trailing SL available with Zerodha?
    As of 2nd June 2014; Trailing Stop-Loss is available for nifty futures and Bank Nifty. Zerodha is planning to release Trailing SL for all future contracts which will be available to its customers soon.

Contact Zerodha team to discuss the services offered and how you can get benefited from this.

How can you save 90% on brokerages (Even 100%) with zerodha. 100% Saving on brokerages How?

How can you save 90% on brokerages (Even 100%) with zerodha. 100% Saving on brokerages How?

Zerodha presents the 60 day challenge which gives traders on equity (stocks and F&O), currency, and commodity exchanges an opportunity to put their trading skills to test.

 

Hurry, Check following link for details

https://zerodha.com/60-day-challenge?c=RR2904

 

For same trade, same quantity, you are paying Rs 586 with major brokers, whereas zerodha charges Rs 90 only. Check youself with automatic calculator.

http://zerodha.com/brokerage-calculator?c=RR2904

 

Check the image for live comparison of Rs 586 and Rs 90.

Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective to number of shares or their prices (Except equity delivery where brokerage is 0.10% or Rs 20 per trade whichever is lower). With Zerodha maximum brokerage you pay for any transition is Rs 20 for an order (of any size and in any segment). Zerodha doesn’t have minimum brokerage.

Incorporated in 2010; Zerodha is first and No. 1 discount broker in India by volume, number of customers and growth. In short span of 3+ years, Zerodha contributes to over 2% (Rs 4 to 6k Cr) of the NSE total turnover; among 10,000+ brokers offering services to retail investors and traders.

Like other online stock trading companies, Zerodha offers trading services to buy & sell stocks, futures & options (in Equity, Currency & Commodity segments). Zerodha's share trading platform is powered by Omnesys 'NEST Trader'. All trading platforms including trading terminal, website and mobile trading are made available to its customer for free of charge.

Zerodha's brokerage structure is extremely simple and very easy to understand. Customer who moved to Zerodha has reported 80 - 90% saving in brokerage they pay to full-service brokers. Zerodha is among the most technologically advance and cheapest stock broker in India for all kind of investors including people who trader just a few times in a month to day traders who execute 100's of trades each day.

Open Account with Zrodha now, click the link below:-