is an online trading platform that was established by 2 zealous entrepreneurs- Nikhil Kamath and Nithin Kamath. They started the company with an objective to provide the perfect concoction of technology, customer support, and convenience. It is fairly seamless to register with Zerodha (indirectly registering with the Securities and Exchange Board of India), with minimal documentation and relatively low charges.
Zerodha has been regarded as one of the best trading platforms in India over several occasions and has a very strong clientele of over 3 million. The company is based out of the IT hub Bengaluru and the trades taking place on their platform contribute to over 15% of all-Indian retail trading volumes.
Opening a trading account with Zerodha is very light on the pocket, with an equity trading account costing just Rs. 200 and a commodity trading account costing just Rs. 100. Zerodha charges just Rs. 20 or 0.03% on intraday equity transactions and charges absolutely nothing on equity delivery transactions.
Zerodha offers multiple facets of applications in the trading space, such as-
- Kite- Zerodha’s sophisticated trading platform, providing options to trade major kinds of securities, in-depth analytics of each company like the candle-stick charts, etc. Kite is available for web, iOS, and android.
- Coin- A product of Zerodha that provides investment options in direct mutual funds without any commissions levied. One can decide their risk appetite and take decisions accordingly.
- Console- A feature-packed dashboard that provides insights on all previous investments, current profit/loss statements as well as total profit/loss statements.
- Varsity- A byproduct of Zerodha that offers various crash courses and materials to get a newbie up to speed with the stock market. You can also learn about investing on the north loop academy here.