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Zerodha Account Opening Charges: A Comprehensive Guide for Traders

11 Nov 2024
Lucknow Lions

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How Much Does Zerodha Charge for Opening a Demat & Trading Account?

Zerodha is one of India's largest discount brokers. It offers an easy and low fee structure that attracts new and experienced investors. It is important to understand these costs when opening a demat and trading account so that there is no inconvenience in making any financial decision.

Account Opening Fees

Demat and Trading Account Opening Charges

Zerodha charges a one-time fee for opening a Demat and trading account.

Demat Account: ₹200Trading Account: ₹100 This fee covers both registration and initial setup, giving users access to Zerodha’s feature-rich platform.H3. Annual Maintenance Charges (AMC)

An additional fee, known as the Annual Maintenance Charge (AMC), is levied for maintaining a Demat account:

AMC: ₹300/year, deducted directly from the account.H2. Additional Charges to Consider

Transaction Charges

For each transaction made, Zerodha charges a nominal fee depending on the type of trade.

Equity Intraday and Futures: ₹20 or 0.03% per order (whichever is lower)Equity Delivery: Free (₹0 charges)Commodity and Currency Futures: ₹20 or 0.03% per orderH3. Call & Trade and Pledging Charges

Additional fees apply if using the “Call & Trade” service or for pledging shares for margin purposes:

Call & Trade: ₹50 per orderPledging Fees: ₹30 per scripH2. Benefits of Zerodha’s Fee Structure

Zerodha’s transparent fee structure allows users to minimize costs while accessing a range of investment products. Key benefits include:

Zero Equity Delivery Charges: This helps large and long-term investors to maintain their positions at low costs.Low Brokerage for Intraday Trades: Ideal for frequent traders who benefit from capped intraday rates.No Hidden Fees: There are no hidden charges levied by Zerodha.

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