With Zerodha, when you buy and hold stocks or invest in certain mutual funds, they don’t charge anything. But for day trading and futures, it’s a flat fee of ₹20 or 0.03% of your trade value, whichever is less each time. Also, for option trades, it’s a flat ₹20 for each order you make.
Is Zerodha really brokerage-free?
Zerodha gives you no brokerage fees for buying and holding stocks and investing in Mutual Funds. However, for Intraday and F&O trading in Equity, Currency, and Commodity segments, they charge a flat fee of ₹20 or 0.03% of the order value, whichever is less for each trade executed.
Related: How is Zerodha Brokerage Calculated?
How can I reduce brokerage in Zerodha?
- Choose Equity Delivery: Opt for equity delivery trading as it’s completely brokerage-free with Zerodha.
- Consider Trade Segments: For Intraday and F&O trading, stick to the segment with lower brokerage charges.
- Trade Smartly: Plan your trades to minimize the number of orders and take advantage of Zerodha’s flat fee structure.
Does Zerodha charge for every transaction?
Zerodha doesn’t charge for all transactions. For equity delivery trading and certain mutual fund investments, there’s no brokerage fee. However, they do charge for other types of trades, like Intraday, Futures and Options (F&O), where a flat fee or a percentage of the trade value is applicable.
Which brokerage has lowest fees?
Several brokerages in India offer competitive fees. The lowest fees can vary based on the type of trading you do and the specific services you need. Brokers like Zerodha, 5paisa, Groww, Upstox, and others often have competitive pricing structures. It’s a good idea to compare their fees for the type of trading you plan to do to find the one that suits you best.
Which broker is cheaper than Zerodha?
Other brokers like 5paisa, Upstox, and Samco are similar to Zerodha. Three of these discount brokers have more than 100,000 active customers. Looking at the yearly list of the top 10 discount stock brokers in India can help you discover these major discount brokers.
Which broker is best for trading?
The “best” broker can vary based on individual preferences. Brokers like Zerodha, Upstox, 5paisa, and others offer different features and pricing structures. To find the best one for you, consider factors like the types of trades you want to do, the platform’s ease of use, customer service, and the fees they charge.
Can we withdraw profit from Zerodha?
You can only take out the money shown as your withdrawable balance. The funds you add during the day can’t be taken out until the next day. Sometimes, withdrawals might not go through or you might get a lower amount if your balance changes after the day’s trading.
What happens to my stocks if Zerodha shuts down?
If Zerodha were to shut down, your stocks and securities would remain safe. They’re held by entities called depositories, not by Zerodha. CDSL holds your shares; even if the company closes, you’d still have access to your investments through the depository participant or by transferring them to another brokerage firm.
Related: SIP Return Calculator Online
Can I use intraday profit in Zerodha?
Yes, you can use your intraday profits in Zerodha. Once your trade settles and the profit reflects in your account, you can utilize it for further trades or withdraw the money as per your preference.
How much money required for intraday trading in Zerodha?
The amount you need for intraday trading in Zerodha depends on various factors like the stocks you want to trade, their prices, and the margin required. Zerodha offers margin facilities where you can trade with a fraction of the stock’s total value. The specific amount needed can vary based on these factors and the trades you wish to make.
How much profit is good in intraday trading?
Determining a “good” profit in intraday trading varies for each trader. It depends on individual goals, risk tolerance, and the capital invested. Some traders aim for a certain percentage of profit per trade, like 1-2%, while others focus on specific monetary targets. Consistency in profits and managing risk are often more crucial than the specific amount earned in each trade.
How to earn 1,000 Rs per day in intraday trading?
Earning ₹1,000 per day in intraday trading involves various factors and isn’t guaranteed. Here are some steps that might help:
- Develop a solid trading strategy.
- Capital and Risk Management
- Stock Selection
- Continuous Learning
Can I earn 5000 day in intraday trading?
Earning ₹5,000 per day in intraday trading is possible but comes with significant risk. It requires a well-defined strategy, sufficient capital, and a disciplined approach. However, it’s essential to understand that consistent profits at this level are challenging and not guaranteed in intraday trading due to market uncertainties and risks.
What is the intraday limit?
The intraday trading limit refers to the maximum amount that a trader can trade on the same day using the margin provided by their broker. The intraday limit varies between brokers and depends on factors such as the trader’s account type, the stocks being traded, and market volatility.
What is the golden strategy for intraday trading?
The Gap-and-go strategy is often considered one of the most effective intraday strategies. It focuses on identifying stocks that show little to no trading activity before the market opens. These stocks open at a price significantly different from the previous day’s closing price, creating a “gap” in the stock’s price chart. This strategy involves trading based on this price gap at the market open.