![]() ![]() For each order they charge Rs20 irrespective of In Zerodha, brokerage is notīased on trade value. Zerodha charges Rs 20/trade for intraday. ICICI Direct charges 0.0275% hence the brokerage charges per month is Rs400Lakh * 0.0275% which is Rs 11,000. That means in around 20 trading days of month, total turnover will be 400 lakhs. Let us assume you buy Rs 10lakh and sell 10lakh worth of shares daily. Now let us see for intraday, Futures & Options traders, how much can be saved. Hence there will be 100% savings in brokerage charges compared to brokers like ICICI Direct. If you plan to invest Rs 10 Lakh, with 0.55% brokerage (ICICIDirect charges this much!), you have to shell out Rs5,500 in brokerage itself where as you pay nil in case of Zerodha (Investments are free at Zerodha). ![]() How much Brokerage can be saved with Zerodha?īefore we go further, let us see how much savings a investor and a trader can do if he opens an account with Zerodha.īecause of the huge savings and the quality of trading app (KITE) that Zerodha offers, they are able to overtake the likes of ICICI Direct and Sharekhan to become India’s largest stock broker within 8 years. More over all the investments at Zerodha is brokerage free, That means, if you buy and do not sell the shares the same day, no brokerage is charged for purchase of shares. If you are beginner to stock market, Zerodha Kite is good trading app available in India. When you compare it with stock trading apps of other stock brokers in India, it is almost one third in size!. The App is light weight and less resource hungry. This helps me in concentrating more on what is required and trade without distraction. The app is not cluttered with so many information which I rarely use. What I like most in KITE, is the minimalistic user interface (UI). I would say I’m pretty satisfied with the quality of products and support they offer. I opened account with Zerodha in year 2012 and been using it since then. Kite and other superior products helped them achieving this feat within 8 years. Zerodha is the first discount broker of India and went on to become No 1 stock broker of India overtaking likes of ICICI Direct and Sharekhan. Without doubt, Zerodha KITE is one of the best trading app in India and I use it myself for trading. Now lets explore the features of each one of the trading apps. If you have lower version, you may have to update your phone. Trading apps in India: Points to evaluate Compatibility with your Mobile Phone:Ĭheck the version of Android and iOS supported by the app. And the brokers who are ignoring mobile are suffering badly even after offering lowest brokerage charges demat account.īefore I present you the list of top mobile share trading apps in India, I would like to provide some pointers which you may use in your selection. Hence, stock brokers are more and more focusing on mobile. Advance in technology made it possible to carry out most of the functions with mobile trading apps itself. ![]() They need not open their laptop/desktop to check the current price, place the order etc. What actually differentiates them is the technology they provide to their clients.Įxcept for day traders who still need desktop based software, for all other types of traders and investors, mobile application is good enough on day to day basis. If you compare the leading stock brokers of India, there is no huge difference in their brokerage charges. In this article, I am providing list of top mobile trading apps based on my trading experience and user feedback. If you have landed here to know which is the best trading app in India in 2023, then you are at right place. ![]()
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