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Zerodha related FAQs

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If I have an demat account in Sharekhan , how can that be linked with Zerodha trading account?

Zerodha required that customers open a demat account in addition to a trading account. Zerodha does not allow its customers to link their trading account with a Demat account from another depository participant (DP). Notice: With different brokers, you can …

Can I trade in Nifty Option if I have IT return Bank statement etc, but low income?

As long as you have sufficient 'margin money' to trade, it doesn't matter.

Is Re 1 charged per messege or per day for sent SMS for daily transaction?

SMS feature is optional and is priced at Re 1 sent SMS.

If I buy 50 shares of Glenmark @ 800 and 50 shares @ 790, brokerage charges will apply (20+20), or 20 rupees. A single script is traded, but different orders will be placed?

Zerodha charges Rs 0 for equity delivery brokerage. You don't have to pay anything. Intraday brokerage charges for each'successfully executed' order. If both transactions are part 1 of the order, then you will only pay Rs 20. It doesn't really …

Does Zerodha charge any payment for unsuccessful financial transaction online ?

Zerodha does not charge any payment on your online instant financial transaction is unsuccessful with any cause .

Does Zerodha offers trading account for minor's son/daughter name ?

No, No , Zerodha is unable to offer a trading account for minors name .

How Zerodha allows you to transfer funds trading account ?

Zerodha allows you to transfer funds in three ways. Be sure to note the following: Transferring through UPI costs nothing Additions of funds through net banking are Rs 9 per transaction The withdrawal is free. All withdrawals request made before …

Does Zerodha offers advanced technical charts ?

Zerodha offers advanced technical charts via its Kite trading platform. Kite offers some of the most advanced technical charts in the industry.

what does UCC means in Zerodha ?

UCC in Zerodha is Unique Customer Code. Each Zerodha customer receives a UCC, which allows the exchanges and the system to identify the customer. SEBI recently asked brokers to map UCCs with demat accounts.

What amount Zerodha charge for equity delivery trades ?

Zerodha charges Rs 0. (free) brokerage for equity delivery trades, and Mutual Fund investments. For trading intraday and F&O in Equity, Currency, and Commodity segments, it charges flat Rs 20, or 0.03% (whichever comes first). Zerodha Charges Trading Segment Brokerage …

How to change my account in Zerodha and what are the steps ?

You will need to submit an 'Account Modification Formula' together with a bank document in order to change the bank account that is linked to your Zerodha bank account. These are the steps for changing Zerodha bank accounts. Visit Zerodha’s …

What is Futures and Options in Zerodha ?

F&O trading is the trading of derivatives (Futures & Options). F&O trading is where the contracts for the underlying asset, such as stocks, are purchased and sold. Zerodha allows you to trade in equity, currency, and commodity derivatives.

What does 4 digit Zerodha support code means ?

A customer's 4-digit Zerodha support code (ZPIN) is their personal identification. It can be used to place orders through the Call & Trade desk, and also for raising support questions. The support code is now known as the Z Pin …

Is zerodha customer service is available on saturday ?

Zerodha customer service is available from 9:00 AM to 2:00 PM Saturdays. Sundays and Market Holidays are off-limits for sales and customer support. Zerodha is an internet broker. Nearly all of its services can be accessed online.

How much time will take in Zerodha to open an account ?

Zerodha will receive the form once it is received. The commodity and equity trading accounts can be opened within 48 hours.

Does Zerodha pay interest on money in the trading account ?

Zerodha does not pay interest on money in the trading account. Zerodha does not accept personal FDs for margin trading.

Does Zerodha offer home pickup for account opening forms ?

Zerodha does not offer home pickup for account opening forms. The forms must be sent to Zerodha Bangalore office. You can fill out the forms online.

Is Zerodha a good option for long term investors ?

Zerodha is a good option for long-term investors. Zerodha offers equity delivery brokerage for free, which reduces trading costs and helps you save a lot of money over the long-term. Zerodha offers direct mutual funds that are free of commission, …

From when Zerodha is in broker business ?

Zerodha launched its brokerage business on the 15th of August 2010. So since then it is in broker business .

What is the meaning of Zerodha ?

Zerodha is No-barriers. Zerodha is composed of two words: Zero and Rodha. Rodha is a Sanskrit term. It can be translated as barrier, blockade, obstacle or hurdle. Zerodha is the company's promise to offer Indian investors the best brokerage.

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