What is Zerodha?
Zerodha is a leading Indian online brokerage firm that provides trading services for a variety of financial instruments, including stocks, commodities, and derivatives.
When did it start operations?
Zerodha was founded in 2010.
Where is its headquarters?
The company is headquartered in Bangalore, India.
In which countries is it banned?
Zerodha primarily operates in India and does not provide services to customers in countries with strict financial regulations, such as the United States.
Pros and Cons
Advantages:
- Low brokerage fees, including zero fees for equity investments.
- User-friendly trading platform, particularly for beginners.
- Strong educational resources and market analysis tools.
- Access to a wide range of financial products.
Disadvantages:
- Limited customer support options.
- Not suitable for international investors.
- Some users report a complex interface for advanced trading features.
Trading Instruments
What instruments can I trade?
You can trade various instruments, including:
- Stocks
- Commodities
- Futures and options
- Mutual funds
Fees
What are the trading fees?
Zerodha charges a flat fee of ₹20 per trade for futures and options, while equity investments have zero brokerage fees. Specific fees may vary based on account type.
Scalping
Does it allow scalping?
Yes, Zerodha allows scalping strategies on its trading platform.
Trading Platform
Is there a trading platform?
Yes, Zerodha offers its own trading platform called Kite, which is available on both mobile and desktop.
Margin Trading
Is there leveraged or margin trading?
Yes, Zerodha provides margin trading options, allowing traders to utilize leverage for their trades. Specific leverage ratios vary based on the asset class and regulatory requirements.
