Zerodha provides stock trading account and demat account services. Customers who avail their services have to pay the zerodha charges fees, commission and taxes while trading with Zerodha Demat account.
For every brokerage house, their are generally two types of charges which are levied upon Demat Account holder i.e. Account Opening Charges and Account Maintenance Charges also known as AMC.
To get to know about Zerodha in detail, you can visit the link:Click to Signup Directly
ZERODHA DEMAT AND DEPOSITORY
Before discussing about the Zerodha Demat account, first we will see about what is a Depository? It is an account that holds the financial securities (equity or debt) in an electronic form.
In India, the Demat accounts are maintained by two depository organizations. They are:
- The National Securities Depository Limited (NSDL) and
- The Central Depository Services Limited (CDSL).
ZERODHA DEMAT ACCOUNT BROKERAGE CHARGES
Zerodha demat account does not charged any brokerage fees for equity delivery as well as Mutual funds and charges for Equity intraday, Equity future, currency futures, currency options and commodity are Flat 20 rupees or 0.03% (whichever is lower) for per executed order.
However, for equity options it is flat 20 rupees or 0.03% (whichever is lower) per executed order on turnover. so to avail this low brokerage fees advantage ’click here’.
With a reduction in transaction costs and the paper work, Demat account is very easy and convenient way to hold the securities and is much safer than the paper-shares.
The banks acts as an intermediaries between the investor and the depository.
ZERODHA DEMAT ACCOUNT ADVANTAGES
- Zerodha account will come with their trading platforms and amazing technical analysis tools and indicators.
- Low brokerage, especially in Equity delivery segment
- Decent performance in trading platforms
- Stock market education through Varsity
- Easy mutual fund investments
To signup Zerodha, you can simply click on the button given below:Click to Signup Directly