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Our key to success in Indian Share Market : Take position according to market conditions Never get emotional with your money Always follow your strategy strictly Follow / ride the market trend in SHARE (Tips) MARKET Always decide you maximum loss (stop-loss) before entering a trade Never overtrade If Share Markets are going up then buy, if they are falling don't panic and short sell
we can easily gain 10% returns daily if we trade in more lot. Consider the attached example: With an investment of Rs.1000 with 5 lots mini nifty we can easily get good returns in one single trade.
NEVER PAY BROKERAGE AGAIN -------------------------------------------------------------------------------Just Rs 20 per transaction whatever the size of your trade! Welcome to a brokerage-free world. At Zerodha we never charge brokerage irrespective of the trade size and there are no upfront, software, usage or any hidden charges whatsoever.
Below is our pricing structure. See for yourself that we have the lowest cost per trade in the industry when compared to any other brokerage firm. Call and Trade: Rs 20 / call + Rs 20 / trade Digital Contract notes would be sent via Email Physical copies of Contract notes shall be charged Rs 20 / contract. Courier Charges extra
NSE Charges, Transaction Charges and Statutory Levies will be charged as applicable Terms and Conditions can be subject to change Please read the Disclaimer and Terms & Conditions The above firms might reduce brokerage based on account size, trading frequency and if certain other conditions are met Alternative brokerage plan of 0.1% for delivery trades and 0.01% for intraday trades are available upon request. Contact us for details. Join us on and Zerodha: NSE CM: INB231390627 | NSE F&O: INF231390627 | NSE CDS: INE231390627 | CDSL: IN-DP-CDSL00278209 | NSDL: IN-DP-NSDL-11496000 Registered Address: Zerodha, 175/176 2nd floor, Bannergatta Road, Bilekhalli, Bangalore 560076, Karnataka, India Corporate Office: 391B Orchard Road, Ngee Ann City, Tower B # 21-06, Singapore 238874 For any complaints email at complaints @ zerodha.com. Please ensure you carefully read the risk Disclosure Document as prescribed by
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Hi, As per your request, did try to put up something about Zerodha on the forum. Don't think the moderator want's anything promotional being put up.. Anyway I would clarify most of the queries that I am seeing on the forum and it will be of help if you could post it at the forum for the benefit of the other members... 1. Brokerage: It is 20 Rs per executed order and not for 1 lot. What it means is, if you place a buy order for 10 lots of nifty and each lot gets executed as a different trade, you still pay Rs 20 only. We charge based on the executed order number, so even if you modify an order it will all be part of the Rs 20. Only if you cancel the order and place a fresh order which gets executed, then Rs 20 is charged again..This applies for intraday cash, delivery, futures and options. Alternative plan: For people whose trading size in cash segment is really less for intraday,( less than Rs 10000) we also offer an alternative plan. Without any conditions we offer 0.01% for intraday and 0.1% for delivery, Futures and Options will be in the default plan of Rs20/Transaction. The idea is to give options to the trader that best suits his needs.
2. Platform: NOW( Neat on WEB) provided by the NSE today is the fastest, most reliable platform with probably the lowest latency. When you place an order or when you are looking at the quotes on your terminal, traditionally you have to get through your brokers server which might slow it down. With NOW, you don't have to rely on Zerodha's server, you are relying on the NSE servers in the exchange. This is very important, especially in times of market volatility when reduced capacity of the brokers server may affect your trades. Also the chances of NOW not working or having a downtime is next to Zero. NSE NOW comes in both web based and exe based platform. we will give access to both the platforms. Why is NSE NOW not well known?? Most of the existing brokers are already having risk management software for other platforms like ODIN, NEST etc and hence can't offer NOW which is a relatively new product of NSE. NSE NOW dealayed?? Not at all, it is the fastest platform in the country today. NSE NOW charting?? Not the greatest product available, very basic tools. We have been told that NOW would be upgrading the charting from the beginning of next year. 3. Margins: Intraday: 10 times for all the f&o scrips for intraday.. 5 times for all the other stocks for intraday.. Futures: 50% of the NSE stipulated span margin for intraday. Full margin for overnight positions. By 3.10 pm all the intraday positions would have to be converted by bringing in the total margin if intended to carry forward. Delivery: 100 % of the margin. 4. Fund transfers: Into the trading account: Through any bank with RTGS and NEFT facility. Additional benefit for HDFC and Axis bank account holders is that they can transfer through the NOW terminal.If done through RTGS and NEFT, funds take 1 hour for RTGS and upto 6 hours for NEFT. Through HDFC and axis if done through NOW terminal, the funds get transferred immediately. NOW is also tying up with all the major banks. Withdrawals: All requests have to be put into the backoffice software online, processed at the end of every day after settling for trades. Credits will happen the next working day. 5. Charges: account Opening: Rs 600 annual maintenance: Rs 400 No software, upfront, limit cards or any other charges... 6. Tips??? : We don't want to do what most of the other brokers are doing today. Give tips to generate brokerage!!! As a policy of the company we won't be getting into the space of giving tips because as a broker we believe it would be a conflict of interest. We with the help of our advisor Deepak shenoy are developing videos on training individuals to develop their own strategies. A lot of strategies which wouldn't have worked otherwise, will work beautifully with our model. 7. Customer support?? The reason we can offer at these rates are because we are trying to make it a more online model. We have a call center for you to place your trades and also customer service for any issues regarding our service. We are striving to create the best platform for active traders and unlike other brokers will be using the social media to do majority of our business. We are working on our facebook page, videos to show the processes from account opening to trading and back office etc... We will also look into all the other ideas that come through our clients which will go with our business model. Queries can be put forward to india@zerodha.com with cc to nithin@zerodha.com Nithin Kamath Zerodha
Find below the breakeven for nifty futs which will be applicable to Zerodha clients. This was sent to me by the reps at Zerodha. So far, it looks like a very good move to have made. No of lots Points to Breakeven For 1 lot breakeven 2.50 for 2 lots 2.10 for 3 lots 1.97 for 4 lots 1.90 for 5 lots 1.86 for 6 lots 1.83 for 7 lots 1.81
for 8 lots 1.80 for 9 lots 1.79 for 10 lots 1.78 for 11 lots 1.77 for 12 lots 1.77 for 13 lots 1.76 for 14 lots 1.76 for 15 lots 1.75 Further as the no of lots increase the lowest breakeven will occur at 1.70. For nifty options after seeing my contract notes these are the break even points(inclusive of all taxes etc etc etc.. ).. 15 continuous days of profit, first time in my life.. option trades.... 1 lot , points to break even : 0.98 2 lots , points to break even: 0.54 3 lots, points to break even: 0.39 4 lots, points to break even: 0.32 5 lots, points to break even: 0.28 6 lots, points to break even: 0.25 7 lots, points to break even: 0.22 8 lots, points to break even: 0.21 9 lots, points to break even: 0.20 10 lots, points to break even: 0.19 15 lots, points to break even: 0.16 20 lots, points to break even: 0.14 above 20 lots points to break even: 0.13 above 100 lots points to break even: 0.10 ... Was so used to 4 to 5 points break even on my
The above example is considering brokerage for both buy and sell side.. It is also including the taxes for both the side.... For eg if nifty at 6000.. 6000CE buy and sell (assuming premium around 100)... brokerage (20 +20= 40) ...All other costs ( STT+ transaction + Service tax : Rs 7) ... Total for 1 lot : Rs 47... 1 lot of nifty contract size: 50, cost Rs 47 .. breakeven: 0.98 points..the best part of our costing is, as the order size keeps going up brokerage doesn't go up.. so if you buy and sell 10 lots of nifty brokerage still stays at 40 while other costs go up to 70 .. total cost for 10 lots, 500 nifty buy and sell is: 110 and hence breakeven around 0.2 points on
Good to know that you are trying to implement this less investment hedged position strategies in option. Please consider
Credit Spread also. That is, suppose for todays price (nifty@6000) if i,
short 5900 CALL @ 180,(@80+premium) long 6000 CALL @ 110, (@110+premium) then i got credit of 70 POINTS immediatly which i can take home if market goes down @ expiry and maximum i can loose is 30 POINTS(when market goes up @ expiry)... so with just 1500Rs(30pts) i should be able to enter this trade. This means im risking juz 1500 bucks on whatever direction market moves for sure. IMO, this should be easy to implement when the orders are executed @ same time for both the legs which techincally needs little modification during ENTRY/EXIT (may be 1 additional field).nifty... hope this clears...
cheers....
Buy Price(Premium) 110.00 (Qty) 300.00 (Turnover) 33000 Sell Price(Premium) 112.00 (Qty) 300.00 (Turnover) 33600 (MTM) 600 Turnover 66600.00 Brokerage 40.00 Stt Total 5.66 Total Tran Charge 53.28
Stamp Duty 0.67 Service Tax 9.33 Education Cess 0.19 Higher Edu Cess 0.09 Total Tax and charges 109.21 Points to Breakeven 0.36 Net MTM 490.79
ILFS now provides pure DP services which comes with a lot of value adds: a. E Kool facility, where you can transfer shares online from one demat to the other b. IPO funding at rates lower than market rates.. c. Loan against securities .. d. for all those who want a continuous margin for delivery position, a margin funding account can be opened (2.85 times of the cash margin, will be available for delivery positions) at 14%/annum while the market rates are between 18 to 21%.. . For all those who go directly to ILFS to open a dp account, they would have to pay 600 upfront and 600 amc for only ILFS account.. For all those going through us, account opening is Rs 600(including dp and