For a beginner with some knowledge of stock market, Zerodha may be the best trading platform in India. Their services and achievements are saying all.
- They started the first discount broking in India in 2010 from Bangalore. Today they have around 4 lakh clients and emerged as the largest discount broker in India.
- Their brokerage has been an unbeatable one:
- 0.01% or Rs 20/- whichever is lower per executed order for Intraday trades for equity, commodity, currency and
- Rs 0/- i.e. Nil for Delivery trades.
- Flat Rs 20/- for F&O trades.
- This is a technology based broker who have introduced good trading platforms:
- Kite for web, android and iOS devices,
- Pi for Desktop on broadband connection and
- Coin for investing in Mutual Fund.
- All the platforms have advance features. For trading there are advanced charts, indicators, Advanced order types: Bracket Order, Cover Order and above all the unique facility of Trailing Stoploss. And through Coin one can invest in at least 2000 MFs directly from Asset Management Companies.
- Open Trade: This a unique features for Zerodha clients only. This is a paid service where one can subscribe for following a successful trader who is making money in the stock market. By subscribing, one can get real time notification and details of their trades. This can help a beginner to learn and make their own strategy by following these real traders.
- They have innovative tools like Brokerage Calculator, Margin Calculator, Span Calculator and Brokerage Savings Calculator for easy and convenient calculations for traders and investors.
- They have already proved their potential and presence in the stock market and has been honoured with the awards:
- Economic Times Startup of the Year (Bootstrap) 2016
- BSE / D&B Emerging Brokerage Award, 2014 & 2015
- CII Emerging Entrepreneur 2014
- As far as the financial health of the firm is concerned, they have no debt in the market till date.
- They don't provide research tips or calls for any specific trade or investment. But they have all educational initiatives for enabling their clients to trade and investments themselves. They have
- Varsity: Learning tool for basics of stock market, fundamental and technical analysis, fund and risk management, Taxation, F&O trading, etc.
- Trading QnA: An interactive community where clients can ask questions and get answers from experts and executives.
- Z-connect for Zerodha updates and Pulse for market updates.
- Customer Care: They have so far at least 200 branches across the country to take care of the clients in multiple languages.
- So, one can easily learn and grow by investing in Zerodha.
- It is very easy to open Demat and Trading accounts in Zerodha. You may do it online with Aadhar: Open an online trading and demat account with Zerodha and enjoy the lowest brokerage