Over the last few years, traders have had a few choices for online trading apps, and Zerodha is one of the most popular ones. Additionally, Zerodha is well known for its low brokerage charges.
However, does Zerodha charge more brokerage than others? How much brokerage is being charged by Zerodha? And, how can we calculate it?
There are many questions, but here is the simple answer to all of them.
First of all, there are no brokerage fees associated with delivery-based trading.
Zerodha charges 0.03% or ₹20 for each executed order(whichever is lower) for intraday trading, Equity Futures, Equity Intraday, Currency F&O, and Commodity F&O. For Equity Options Zerodha charges flat ₹20 per executed order.
| SEGMENTS | BROKERAGE CHARGES |
| Equity delivery | Zero Brokerage |
| Equity intraday | 0.03% or ₹20 per executed order, whichever is lower |
| Equity futures | 0.03% or ₹20 per executed order, whichever is lower |
| Equity options | ₹20 per executed order |
| Currency futures | 0.03% or ₹20 per executed order, whichever is lower |
| Currency options | 0.03% or ₹20 per executed order, whichever is lower |
| Commodity futures | 0.03% or ₹20 per executed order, whichever is lower |
| Commodity options | 0.03% or ₹20 per executed order, whichever is lower |
Here is an example that will help you better understand it.
When you buy 400 shares for ₹1000 and sell them for ₹1100, brokerage fees are charged for that placed order. Thus, if we calculate costs for 0.03%, it results in ₹120, which is greater than ₹20.
Therefore, the total brokerage charge for this order would be ₹40.
NOTE: During delivery-based trading, brokerage fees are charged as ₹0.01 per contract note, as per taxation regulations.
Also, using the Zerodha brokerage calculator for intraday and delivery trading, you can calculate your brokerage charges.
Several people are wondering why Zerodha offers a lower brokerage rate than others?
With Zerodha, almost all of the services are available online, and the company operates on a massive scale, which allows it to charge minimal brokerage fees. In addition, Zerodha does not spend extra money on marketing; the company can offer lower brokerage fees.
If you’d like to learn more about how much Zerodha charges for brokerage, please fill out the form below, and we’ll call you back with further information.
