Quick Answer: Which Is Better Sharekhan Or Zerodha?

Who is owner of Zerodha?

Nithin KamathNithin Kamath Nithin bootstrapped and founded Zerodha in 2010 to overcome the hurdles he faced during his decade long stint as a trader..

Why bracket orders are blocked in Zerodha?

Bracket & Cover orders have been blocked due to expected volatility for Equity, F&O, CDS, and MCX. BO and CO orders will be allowed once volatility subsides. Margins for MIS orders will be higher than usual.

Is sharekhan free?

Sharekhan trading platform is available for free to all customers.

Is sharekhan trustworthy?

Yes, Sharekhan is a reliable stock broker. It is one of the most trusted stock brokers in India for over 2 decades. It is being audited by exchanges (BSE, NSE and MCX) and depository (CDSL) regularly. The company has not reported any major regulatory violations so far.

Is Zerodha good for beginners?

Yes, Zerodha is a good platform especially for beginners. Zerodha is the leading discount broker in India and has massively expanded its client base over the years. Zerodha Key Highlights to Look for: Their trading and demat account opening process is pretty simple.

How does Zerodha make money?

Stock trades are free for Zerodha users who hold their shares for longer than a day. The firm makes money from fees on futures, options and intraday equity transactions, which cost a maximum 20 rupees. … The closely held company has no venture backing, but Kamath is considering an eventual initial public offering.

What happens if Zerodha closes?

Stocks are kept under the control of Indian depositories viz. CDSL, NSDL. Even if Zerodha goes out of business, your demat account and the shares inside it will be untouched. However, the trading capital that is still un-invested stays in the control of your broker.

Which is the cheapest brokerage in India?

Top 10 Stock Brokers for Cheap Trading in IndiaRankBrokerage HouseRating1Zerodha4.5/5 SignUp25paisa4.5/5 SignUp3Upstox4.0/5 SignUp4SAMCO4.0/5 SignUp7 more rows•Feb 6, 2020

Is Zerodha safe for long term investment?

Is Zerodha safe for the long term investment? Yes, Zerodha is as safe as any other stock broker in India. Zerodha is a genuine and trusted stock broker .

Who is the CEO of sharekhan?

Jaideep Arora (2000–)Sharekhan/CEO

Which broker is better than Zerodha?

Compare Zerodha Vs Fyers brokerage, charges, leverage, margin, demat account and intraday trading….Zerodha Vs Fyers.ZerodhaFyersType of BrokerDiscount BrokerDiscount BrokerSupported ExchnagesNSE, BSE, MCX and NCDEXNSE, MCXAccount TypeFlat Brokerage PlanFlat Fee Brokerage Plan4 more rows

Can Zerodha run away with my money?

Zerodha is registered with SEBI, CDSL and all major exchanges in India. In terms of money in your trading account, it is highly recommended to move your surplus funds to your bank account which is relatively safer and insured by GoI. …

What is 60 Day Challenge in Zerodha?

The 60-Day Challenge is an initiative by Zerodha to encourage traders to be more focused on their trading and bring back fun into their trading. The challenge is to trade profitably over 60 trading days.

Is Zerodha really free?

This platform is absolutely free since August 24, 2018. Here, you can make your investments without any commissions. With the help of Zerodha Coin, you can have Direct mutual funds in DEMAT form, with the convenience of one portfolio across equity, MF, currency, etc.

Is Zerodha better than Groww?

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock)….Zerodha Vs Groww Leverage (Margin)ZerodhaGrowwEquity Delivery1x (no margin)1x (no margin)7 more rows

Can I have 2 demat accounts?

While you can have more than one demat account, there are certain conditions that have to be followed. The primary condition is that one cannot have more than one demat account with the same DP. It essentially means that your second demat account cannot be opened through the same stockbroker.

Which demat account is free?

In India, depositories like National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL) are the two well recognized existing depositories which provide free demat account services.

Which demat account is the best?

Best Demat Account in India – List of Top 10 Demat Account OnlineRankBrokerRatings1Zerodha Demat Account8.60/102Angel Broking Demat Account8.30/103Sharekhan Demat Account8.18/104Edelweiss Demat Account8.14/106 more rows•Jan 10, 2020

What are the hidden charges in Zerodha?

Zerodha brokerage hidden charges include call & trade charges, position squared-off by broker and SMS trade alerts as explained below: Call and Trade feature is available at an extra cost of ₹50 per call. Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.

Does Zerodha charge for Cancelled orders?

No, Zerodha doesn’t charge brokerage or any other fees for canceled orders. If for some reason you cancel your orders, you won’t be charged any fees.

Is Zerodha safe?

Yes, Zerodha is as safe as any other stock broker in India. Zerodha is a genuine and trusted stock broker . They are among the lowest risk broker for the following reasons: Zerodha is a debt free company.