Zerodha....

[sylar123]

zerodhaonline, Can I open Trading account in Cash and derivative without opening new Demat account? Also what are the charges levied (by zerodha and demat a/c provide) when I take a delivery from zerodha? I have a demat account with hdfcsec.

Sorry for asking such a nob questions but I have just started to trade and learning a lot

 

[Zerodha]

zerodhaonline, Can I open Trading account in Cash and derivative without opening new Demat account? Also what are the charges levied (by zerodha and demat a/c provide) when I take a delivery from zerodha? I have a demat account with hdfcsec.

Sorry for asking such a nob questions but I have just started to trade and learning a lot

Opening only trading account: you can trade derivatives(intraday and positional) and intraday cash...

If you want to do delivery based trading in cash segment, you will need to also open a demat account...

Only trading account: accnt opening: Rs 300, AMC: Rs 0

Demat cum trading: accnt opening Rs 600, AMC: Rs 400,
Charges on cash segment depends on the plan you choose. Plan A: Rs 20/executed order, Plan B: 0.01% and 0.1% withouth any minimum brokerage clause...

Cheers...

 

[sylar123]

Opening only trading account: you can trade derivatives(intraday and positional) and intraday cash...

If you want to do delivery based trading in cash segment, you will need to also open a demat account...

Only trading account: accnt opening: Rs 300, AMC: Rs 0

Demat cum trading: accnt opening Rs 600, AMC: Rs 400,
Charges on cash segment depends on the plan you choose. Plan A: Rs 20/executed order, Plan B: 0.01% and 0.1% withouth any minimum brokerage clause...

Cheers...

zerodhaonline, I am very much interested in opening account but my only concern is that I am in NCR and there is no office of zerodha in NCR. Are there several clients of zerodha from outside of bangalore? Also do you accept orders on phone also?

 

[sumosanammain]

zerodhaonline, I am very much interested in opening account but my only concern is that I am in NCR and there is no office of zerodha in NCR. Are there several clients of zerodha from outside of bangalore? Also do you accept orders on phone also?

They have offices on all the major planets...... with their regional office on the moon. Come on, read the posts in this thread, go to the website before asking such questions! And they accept orders by speedpost also.

 

[Zerodha]

zerodhaonline, I am very much interested in opening account but my only concern is that I am in NCR and there is no office of zerodha in NCR. Are there several clients of zerodha from outside of bangalore? Also do you accept orders on phone also?

80% of our business happens outside Bangalore... From Kanyakumari to Jammu from Gujrat to Assam.. ..

It is an internet revolution time, the only offline bit you will do with Zerodha would just be signing the account opening forms... Everything else can be online.... Yes we support you on the phone for your trades....


Cheers..

 

[sylar123]

80% of our business happens outside Bangalore... From Kanyakumari to Jammu from Gujrat to Assam.. ..

It is an internet revolution time, the only offline bit you will do with Zerodha would just be signing the account opening forms... Everything else can be online.... Yes we support you on the phone for your trades....

Cheers..

@zerodhaonline, Thanks a lot for this info. I will be sending the form tomorrow. Hopefully, I will be able to trade on zerodha next week.

@sumosanammain.. On Moon.. gr8.. I will sending the orders from Mars to moon by speed post

 

[xxdiesel]

@ Zerodhaonline:

1. Can I submit the copy of the gas connection as address proof?
2. If not, can I choose my current address as permanent address? I have HDFC Bank account statement as proof
3. Are there any charges for the SMS facility?
4. How do I choose a joint account holder for both trading and Demat account?

 

[Zerodha]

@ Zerodhaonline:

1. Can I submit the copy of the gas connection as address proof?
2. If not, can I choose my current address as permanent address? I have HDFC Bank account statement as proof
3. Are there any charges for the SMS facility?
4. How do I choose a joint account holder for both trading and Demat account?

Gas connection won't work...

Yes you can give HDFC statement for your current and permanent address..

No charges for SMS

YOu can have a joint account for demat( Make sure you give a set of documents in the name of second holder-PAN, address proof, 1photo and sign wherever required on the DEMAT form S1 to S 18)...
Trading account is always in single name, there is no concept of joint account on a trading account in India...

Cheers..

 

[xxdiesel]

@ Zerodhaonline:

Thanks for the prompt response. I filled up the form and was about to print it when I was surprised to note that under Pricing plans, Plan B also charges execution fee of Rs. 20. What is that for? I thought Plan B is based on 0.1% brokerage on delivery trades.

Could you please clarify what is execution fee and even if we opt for Plan B, why is execution fee being charged?

 

[2021]

@ Zerodhaonline:

Thanks for the prompt response. I filled up the form and was about to print it when I was surprised to note that under Pricing plans, Plan B also charges execution fee of Rs. 20. What is that for? I thought Plan B is based on 0.1% brokerage on delivery trades.

Could you please clarify what is execution fee and even if we opt for Plan B, why is execution fee being charged?

20 per trade in plan B is for FnO only iirrespective on lots. For stocks, del charges are 0.1 and intra charges are 0.01.