Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. Incorporated in 2010; Zerodha is first and No. 1 discount broker in India by volume, the number of customers and growth. As of Jan 2019, Zerodha has 8.47+ lakh clients. Zerodha contributes to over 10% of daily retail trading volumes across NSE, BSE, MCX. Recently it has taken a lead as the largest stock broking company in India based on the number of clients. Zerodha's has built its own trading application named 'Kite' and back office software named 'Console'. All trading software applications including trading terminal, website and mobile trading (android / iOS) are made available to its customer for free of charge.
Brokerage Structure : Equity Intraday, Future, Option, Commodity Trades: 0.01% or ₹20 per executed order (Whichever is lower), Equity Delivery Based Trades: ₹0 (Free Unlimited Equity Delivery Trades)
Account Opening Fees : Demat 100 Rs. + Trading 300 = 400 Rs. (GST extra), Annual Maintenance Charges (AMC) = 300 Rs. per year (payable upfront)