Zerodha online account opening using Aadhar

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.

[Read more…]

Zerodha account opening charges

Zerodha is the largest discount broker which was started in 2010. It is HQ in Bangalore and provide fixed brokerage plan. So irrespective of the volume of the trade, you will never have to pay more than Rs 20 per trade. Compared to some full service broker like ICICI direct and Sharekhan, you can save almost 90% of brokerage.

Zerodha offers trading in NSE, BSE and MCX. You can use them for trading in stock, currency, commodities and Mutual funds all under one roof making life easier for you. They also are a DP with CDSL. They don’t keep your shares in pool but the shares are directly transferred to your Demat account.

They have grown tremendously in 7 years and have more than 2.5 lakh customer trading with them in 2017. [Read more…]

Is Zerodha safe ?

Whether you are a trader or investor and heard about Zerodha online or from a friend, most of you would have felt that the brokerage are too good to be true. In case you were trading with some full service broker like ICICI direct or Sharekhan, you could reduce your brokerage by more than 90% with them. But then the next question would have come to you,

Is Zerodha Safe ?

Would my money be safe with them ?

What if Zerodha closes ? What will happen to my shares/money ? [Read more…]

Purchase Mutual fund through Angel broking

ANGEL  BROKING TRADE is an all in one trading platform which is developed by Angel Broking Limited and its browser based platform. You don’t need to install it, just open URL, login and use trade.angelbroking.com

This platform is very simple and easy to use. You will have each facility in this platform like buy and sell of stocks, Mutual fund, SIP, Funds view etc.  It will provide you real time market data. You will get research tips and all through this platform too.  Even you can access it in less internet speed like 2G. Its lite weight to load and use. [Read more…]

Angel Eye trading platform

ANGEL Eye is a browser based trading Platform which is developed by Angel Broking Limited. It is a very simple platform to use and you don’t need to install anything for using this platform. Just go to trade.angelbroking.com and provide your credentials and you should be able to login.

You will get many features inbuilt in it like historical data of shares, you can check top 5 buy and sell price of a share, Market Watch, Orders Book, Trade Book & Funds View. It provide real time market updates. Another important feature provided on Angel Eye in ARQ – Angel automated intelligent investment engine which provide the best stock recommendation as per your holding period and risk appetite. [Read more…]

Angel broking trading platform- Speed Pro Review

ANGEL SPEEDPRO is an application Trading Platform which was developed by Angel Broking Limited. It’s simple platform to trade and you have to install .exe file to use this. This is provided free of cost when you open account with Angel broking. The software is basically made to connect to the Internet and adds a Windows Firewall exception in order to do so without being interfered with. It’s installer includes 52 files and is usually about 117.26 MB.

You will get many features inbuilt in it like historical data of shares, you can check top 5 buy and sell price of a share, Market Watch, Orders Book, Trade Book & Funds View and even you can see different charts for intraday trades which are 30 days old.  They provide real time market updates. Multi Desktop Options is their which gives ability to arrange preferred windows/tools in multiple desktop screens & toggle between them. [Read more…]

Coin by Zerodha Review

This is the latest offering by ZERODHA for purchasing mutual funds. Lot of you should already be aware that they already have a platform called mf.zerodha.com, so why a new platform. The major difference between these two is on COIN you will buy DIRECT mutual funds and mf.zerodha.com was providing regular mutual funds purchase.

Most of you should be confused by know as to what is the difference in between these two. I will try to explain it in simple terms. So when you buy regular funds, there is no brokerage charge or extra fees you have to pay but there is still a upfront commission and trail commission which the agent receive. So in this case, when you are buying regular mutual funds from mf.zerodha or any other stock broker, there is an upfront commission and trail commission which is paid. This commission is not deducted from your funds deposited but gets reflected in the NAV of the regular fund. Will explain this is detail below.

Compared to this, while purchasing direct mutual funds, there is no commission paid to anyone. What is means is 100% of your funds directly goes to AMC. So, NAV for direct mutual funds are always higher compared to that of regular funds.

We will try to explain it with an example so that it make more sense. Suppose you brought a NFO of ICICI Prudential Growth Fund – Series 2 which was launched on Aug 1, 2014. If you brought it through a broker or direct through AMC, the price you should have paid is Rs 10 per unit. The NAV for regular fund on Mar 28th, 2017 is Rs 12.81, giving it a total return of 28.1%.

The NAV for the same fund would is Rs 13.31 if you would have brought a direct fund either through AMC or some service which provide direct purchase of MF. In this case, they return was 33.1% for the same time.

The difference of 5% is what was paid to the brokerage house through which the MF were purchased. Even if you brought it through ICICI bank thinking that you are not paying any commission, you still ended up paying 5%. The issue with this is most of the user purchasing this NFO are not aware of this. Even later, if client would have checked the price of his fund, it would have shown as 12.81% for regular fund and there was no way to know that you are paying  any commission.

Still have some question, do have a look at our video review of Coin by Zerodha

Zerodha is trying to do something commendable here but the task is difficult as not many people are aware of difference between direct and regular funds.

With COIN, Zerodha is using BSE Star Mutual fund platform and they will charge a flat fee of Rs 50 per month if your portfolio of MF is more than 25,000. Many people would have issue with paying the fees. But if we look at the commission people are paying, Rs 600/year charge is a steal. Even if you have a MF portfolio of Rs 30,000 you are paying upfront and trail commission of more than Rs 600 per year.

But if you are not comfortable to pay these 600 Rs, then you can always buy direct mutual funds from AMC or use MFUtility.com to buy funds directly. But with Zerodha, you will get the benefit of keeping all your holding at one place and doing SIP with Zerodha is very easy compared to MFUtility.

To know more about COIN platform or opening account with Zerodha

button-pro

 

Zerodha review

Zerodha is India’s first and largest online discount broker operating from 2009. It was started by Mr Nithin Kamath who was himself a trader before starting Zerodha. Besides low cost which most of the discount Brokers are known for, Zerodha is also credited for its technology initiatives which it brings first to the markets.

Zerodha trading software
Desktop Based Trading: Zerodha has finally in July 2015 released its next generation platform called ‘Pi’ which was long awaited. This is one of the most advanced charting software provided by any brokZerodha Discount Broker reviewer in India and best thing it is free of cost to all the clients who open account with them. In Pi you can view up to 50,000 candles, various chart types, over 70 indicators, inbuilt strategies and can even create your own strategies; back test them, trading directly from chart, quick order entry screen with many more options. Here are few screenshot of their awesome platform
[Read more…]

RKSV security review

Upstox, (formerly RKSV Securities), is one of India’s top broking firms specializing in the zero brokerage costs model. Founded by Ravi Kumar, Raghu Kumar and Shrini Viswanath, Upstox now accounts for 2% of daily turnover of NSE. Upstox’ customers can trade on BSE, NSE and starting in 2016 on MCX.  (approx. Rs. 7000 crore daily traded turnover)Upstox review

Upstox is backed by Mr. Ratan Tata, Kalaari Group and GVK Davix and prides itself as the technology-first low cost brokerage firm. The cutting-edge trading platform is built in-house by the team of engineers at Upstox’ head office at Sunshine Towers in Lower Parel, Mumbai. Traders and investors can use the sophisticated charting tools on Upstox Pro Web and Mobile platforms in order to analyze the markets and make profits.

Upstox offers free brokerage on equity delivery trading and trading in Equity F&O, Equity IntraDay, Commodities and Currency Derivatives can be done for a flat fee of Rs. 20 per order traded irrespective of the order volume. Upstox also offers NRI trading and will soon provide for investing in Mutual Funds.

In 2016, Upstox launched E-Aadhaar account opening system thus breaking the barrier faced by customers while opening an account with other brokerage firms. You just need your Aadhaar Card number and PAN Number in order to open an account with Upstox. It is completely paperless and seamless! Account opening is FREE with Upstox.

Upstox is also a registered member of CDSL and NSDL and is eligible to provide Depository Participant (DP) services. The company remains a registered member of NSE, BSE and MCX in the name of RKSV Securities.

Education

Upstox focuses on educating and training people about the financial markets and how to profit through them. Trade Academy, the educational-arm of Upstox, has been conducting online classes to train aspirants across India and abroad about everything from basics of the stock markets to options trading strategies to introducing algorithmic trading to experts in the industry. Trade Academy runs free and premium online courses that are attended by large number of audience every day.

LoginLess

In order to make sophisticated trading experience accessible to all, Upstox offers LoginLess feature on their Upstox Pro mobile app. Loginless allows you to do many things, without even an account, such as:

  • Easily search for stocks, even the complex ones
  • Access all NSE cash, Futures and Options and Currencies scrips
  • Use cutting edge charting tools
  • Create charts with multiple intervals, drawing studies and types
  • Apply 100+ technical indicators on real-time charts
  • Set unlimited no. of price alerts for instant updates
  • Create unlimited customized watch-lists
  • Receive real-time market feeds to stay on top of your scrips
  • Access predefined watch-list of Nifty 50

Once you have downloaded the app, you can easily open a paperless trading account with Upstox and start placing trades.

Click here to watch the Loginless video!

Referral Program

Upstox’ referral program offers existing customers the chance to earn additional money in brokerage credit by referring their friends to open an account and trade with Upstox. A special dashboard is created for existing customers so that they can track their earnings from referrals.

Upstox Brokerage Charges – 2017

Upstox’s brokerage plan is simple and attractive. Trade in Equity Delivery is completely free and for all other segments you pay only Rs 20 per order executed.

Margins provided by Upstox – Also customers get intraday leverage of 15x on Equities for FNO listings, 2x for scrips with 20% circuit limit, 3x on NSE F&O, 3x on BSE/NSE Currency F&O and 2.5x on MCX Commodity Futures.

Special Margins for Cover Order or Bracket Order – 20x on NSE/BSE Cash, upto 6x in NSE Futures, upto 4x in Currency futures, upto 3x in MCX.

Open account with Upstox

 

Trading Brokerages

  • Equity Delivery Based Trades: Rs 0 (Free)
  • Equity Intraday Trades: Rs. 20 per executed order
  • Equity Future: Rs. 20 per executed order
  • Equity Options: Rs. 20 per executed order (on Turnover)
  • Currency Futures and Options: Rs. 20 per executed order
  • Commodity Futures: Rs. 20 per executed order

Account Charges

  • Trading Account Opening Charges (One Time): Zero
  • Demat account Opening Charges (One Time): Zero
  • Trading Annual maintenance charges (AMC): Zero
  • Demat Account Annual Maintenance Charges (AMC): Zero

Other Charges

  • Call and Trade feature is available at Rs. 20 per call order.
  • Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at additional charge of Rs. 25 per contract + courier charges.
  • Instant payment gateway charges for over 20 banks – Rs 7 per fund transfer. Max transfer limit to 2 Lakhs Rs per day.
  • Money withdrawals charges applies as per RBI guidelines.
  • Standard NSE charges, transaction charges and statutory levies are charged.

For STT, Stamp Duty, Service Tax and SEBI Charges please refer the Commission and Fees tab.

Upstox Margin/Exposures and Intra-day Leverage

  1. Upstox Margin for NSE Cash/BSE Cash – Upstox offers upto 20X for stock listed in F&O, upto 2X for stocks with 20% circuit breaker for all MIS (Intraday) Orders. For CO and BO orders, a combined basket of F&O underlying and NIFTY CNX 200 scrips are offered a leverage of upto 20x.
  2. Upstox Margin for Equity Futures – Upstox offers upto 6X leverage for CO and BO Orders, whereas 4x leverage in case of MIS orders.
  3. Upstox Exposure for Options Buying Trading – Upstox offers 1.3X leverage for CO and BO Orders and No leverage in MIS for Options buying.
  4. Upstox Exposure for Equity Options Selling – Upstox offers upto 4X leverage for all selling options.
  5. Upstox Margin for Currency Futures – Upstox offers upto 4X leverage for MIS/CO and BO orders.
  6. Upstox Margin for Commodity – Upstox offers upto 3X margin in Non Agri commodities with CO orders and 2.5x for MIS orders.

Account Opening with Upstox (RKSV)

For online trading with Upstox, an investor or a trader has to open a simple 2-in-1 account (Trading and Demat). Account opening is the easiest with Upstox. Starting in 2016 Upstox pioneered Paperless account opening system. Now you just need your Aadhaar Card Number and PAN Number to open an account online. Gone are the days of filling out multiple forms, signing, printing and sending them to the broker in mail.

Here are the ways to open an account with Upstox:

  • Fill out the details in the online form here.
  • Contact Phone Number: +91-22-6130-9999
  • Contact email:[email protected]
  • Registered Office: Upstox, 807 New Delhi House, New Delhi 110001
  • Corporate Office: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (W), Mumbai, 400 013

Open account with Upstox

Upstox (RKSV) Web, Mobile app and Desktop base trading platform – 2017

Upstox provides web browser and mobile app based trading platforms to its users.

Upstox Pro Web – With more and more people moving towards online trading, Upstox has turned their web-based trading platform into the most sophisticated and cutting-edge tool which helps traders and investors to calculate fast and place trades in live markets quickly. It is a light-weight browser-based platform that you can access on your computer, laptop or tablet–without having to download anything. Trading with Upstox means that you can say Goodbye to those large .exe files that crowd your desktop.

upstox-trading-platform

Upstox Desktop – One of the most reputed trading platform “Omnesys NEST” is the official trading terminal for Upstox. This trading terminal is a one-stop shop for  your trading needs, from advanced charting to quick order placement, portfolio, fund transfer, margin report and Market Watch. Customizable interface, Multi Monitor support, customizable hotkeys and shortcuts.

Key features of Upstox Pro are:

  • Fast market feeds
  • Trade on all exchanges & all segments with a single Sign In
  • Real time quotes
  • Instant notifications
  • Bank transfer available with 40+ banks.
  • Real time margin – alert for margin changes
  • One click trades.
  • Keyboard shortcuts – like desktop, you can use shortcuts for trading in the browser of your choice.
  • Account balance, historical reports, daily order status reports and much more.

For detail review of mobile app and download please visit Upstox (RKSV) Mobile App.

Final thought about Upstox (RKSV)

Upstox is a technology-focused online broking firm that leads by example. The broker separates itself from the competition with its innovative trading platforms and its unwavering focus on providing cutting edge trading tools and platforms for its users. Irrespective of the device that you use, Upstox is available for you. Be it your cellphone, laptop, tablet or even your desktop with internet access – Upstox Pro Web and Upstox Pro Mobile are seamless and hassle-free for your use.  Specializing in the low brokerage model, Upstox offers FREE equity delivery trading and upto Rs. 20 per trade irrespective of the order volume for IntraDay trading. Upstox is leading the emerging “Free Broker” category.

Open account with Upstox

Zeroshulk Brokerage review

Insight About ZeroShulk :

Zeroshulk ( a sub brand of Vikson Securities Pvt. Ltd. ) was started in 1985.They started off under the banner V. Kumar & Co. Back then re-named their business to Vikson Finance and Investment Private Ltd. in 1996. They expanded to the commodities market in 2003 under a diversified unit called Vikson Commodities (Pvt.) Ltd. In 2008,enrolled as a member in the MCX Stock Exchange. Zeroshulk has 14 offline Branches and 250+ Franchises for its parent Company. ZeroShulk claims to have around 9000+ customers in all segments.

Products and Services ;

Zeroshulk  is member of BSE , NSE , MCX , NCDEX exchanges and has CDSL Depositary. Their customers can enable BSE star mutual fund services to keep their entire portfolio well managed and in one place in their Demat A/c.Zeroshulk brokerage review

Software Provided By ZS are NOW, NEST & TechProTrade . They have partnered to Pioneer the trading experience for the clients with our TechProTrade (TT) where one can have multiple widgets of Live margin , news, Charts, tweets and block & Line view for market watch in a Web and App.

ZeroShulk Account Opening Fee / AMC

  • Trading Account Opening Fee: Rs 0
  • Demat account Opening Charges: Rs 0
  • Trading Account AMC: Rs 0
  • Demat Account AMC: Rs 300(From Second year)

Account Opening ;

Account Opening is easy wih  Zeroshulk , just visit  to E-kyc for 2 minute E form filling in quick 5 steps . After that download the form you wish to download for Equity or Commodity in pdf version. Paste 2 photographs (sign across them) and Sign on all marked place. Documents required for Equity / Commodity which you need to send;

  • Copy of Pan Card (Self Attested),
  • Copy of residence Proof (Driving License, Voter ID, Passport, Aadhar Card, Bank statement, etc. – any one)
  • Cheque should have your name printed on it, if not please attach your latest Bank Statement. (Of any amount you want to start trading with, all of the sum will be credited to your trading account).For equity account you have to write a cheque with the name of VIKSON SECURITIES PVT.LTD and for commodity VIKSON COMMODITIES PVT LTD
  • 1 copy, self-attested – (Latest salary slip, ITR, Form 16, 6-month bank Statement, etc. – any one) to trade in Currency and Equity Derivatives (Future & Options)

Note:-Once your Demat A/c has been opened you can just use your Zeroshulk Demat A/c number and provide your existing broker the same to transfer or close your existing Demat account to transfer your shares .

Brokerage :

The brokerage structure is divided in 3 slabs;

  • Flat Trading Plan– Rs 15 per executed Order across NSE, BSE ,MCX, NCDEX for intraday , Delivery, Future and Options.
  • Monthly Trading Plan– Rs 999 per Month per segment to enjoy brokerage free trading thereafter. Rs 499 to trade unlimited Trading in Currency Trading on BSE & NSE exchange.
  • Unlimited Trading Plan– Rs 2499 per Month to enjoy unlimited trading with all inclusive brokerage of Equity, Commodity and Currency segments.

Zeroshulk charges list for Nifty: buying and Selling (at 8800) with no hidden charges

https://zeroshulk.com/brokerage-calculator/ brokerage calculator to find out more

 

Turnover 13,20,000
Brokerage 30
STT Total 66
SEBI Turnover Fees 2.64
Clearing Charges 6.6
Exchange Trans. Charges 27.72
Service Tax + ( SBC & KKCS incl. ) 8.66
Total Tax and Charges 141.42

 

Customer Service:

They provide Live chat and support service offer email as well as on phone. As of now, there is no waiting que while you call them and most of the time, you should be able to talk to someone directly. 

How we are different from others :

Free Demat A/c Opening with no upfront  Account opening Charges has made it really easy for many of their customers to open the account with them . NRI accounts are also process in ZeroShulk

Account Opening with Zeroshulk

Please provide your details by clicking on the link below and they will call you

https://zeroshulk.com/open-online-trading-demat-account-zeroshulk/

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