Zerodha is one of the leading discount brokers in India. They are Bangalore based firm and were started in 2010. They have grown tremendously in last 7 years and have more than 2.5 lakh customer trading with them now.
They have an attractive brokerage plan for different segments:-
- ZERO Brokerage plan: – They have a special plan for investors. For delivery (holding) of shares, you don’t need to pay any brokerage.
- Fixed Brokerage: – For daily traders (Intraday and F&O), they charge as per a range means max rs.20 else .01% whichever is lower (Out of 20 and .01% whichever is lower charged as a brokerage)
In March 2017, they have started providing online account opening using AADHAR card. All you need for that is-
- You must be KYC registered(Check below) and
- Secondly you must have number which is linked with Aadhaar, because online account opening is Aadhaar based using OTP sent on your mobile.