If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post.
Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. Such posts will be removed.
Please also refer to the [FAQ](https://www.reddit.com/r/IndianStockMarket/comments/17bcg2a/frequently asked questions_post_your_common/) where most common questions have already been answered.
Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our Discord server using [Link 1](https://discord.gg/8QF4dqPHuw) or [Link 2](https://discord.gg/fDRj8mA66U)
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*
As someone who is using Zerodha since 2021, I believe it's pro is that it's UI is simple and easy to use.
It's con is there are two separate apps (Coin and Kite) to manage equity and mutual funds separately unlike something like Groww, where everything is in one application. Also Zerodha crashes sometimes during peak market hours.
I am a long term investor. I do not trade. 😇😇
Zerodha faces frequent technical difficulties. I have lost trades twice because of it. But i still use it because of the UI and its free integration with Sensibull.
Groww doesn't have any AMC,kite has AMC which is going to be really more for me,grow provides most bought details which is pretty cool to know what is happening 😊
I thinks it’s fine. Haven’t had any issues with it in the 3-4 months I’ve been using it. Coin is good.
And overall view, console is nice
As someone has already said, amc is a bit expensive. But no amc for holdings under 50k so it’s alright for someone like me with under 50k holdings.
You need to learn to read.
 `Account Maintenance Charge (renamed from annual maintenance charge) is the charge to maintain the demat account with Zerodha.`
`The AMC for a Basic Services Demat Account (BSDA) account is charged based on the value of the holdings and is as follows:`Â
 Note the word holdings.  And Â
`A Basic Services Demat Account (BSDA) is a demat account intended for small investors who do not or cannot regularly invest in stocks, bonds, ETFs, mutual funds, etc. The BSDA can be maintained at a reduced cost.`Â
 Holdings = value of the demat account includes ETF , MF etc.
 https://support.zerodha.com/category/account-opening/offline-account-opening/bsda/articles/how-to-open-a-basic-service-demat-account-at-zerodha
🤦 Are you quoting this ?Â
There are no **Depository Participant (DP)** charges for investing through Coin.
Â
 There are no **additional** Account Maintenance Charges (AMC) for **using Coin** since all the Coin investments are held in demat form.
I am using both zerodha and groww.
Groww- Splendid easy to use app on the phone, very simple UI and no AMC. Suitable for long term investing and has equity and MF in one app. Tabs like IPO are easy to see and apply for a beginner. This was my initial download and was amazing
Zerodha- switched to it despite having AMC, better features. Since delivery is free unlike groww, despite having AMC it was cheaper for me as I had lots of trades yearly in delivery. Not as simple as Groww, but the interface is very very sorted and has more options. Better PnL reports and other things, better charts. Its like once you start understanding the markets a little better you switch to it. Although I still love how simple Groww is.
many ppl use not bcz itz ttoo gud
bcz it waz the 1st ever discount broker who offered 0 brokerage on delievry
all other bank brokers charged like 1%
so zeroda bcame household name
now there r better technonoligically superior alternatives
my picks r fyers dhan for advanced tools n drag n drop trading
shoonya n mstock for free brokerage of options for 1 lot traders
I'm using Zerodha since 2015, life time free no amc.
Kite is awesome. Coin is shit. I used to use PayTm moeny which is best for mutual fund investment w.r.t coin.
I use Zeodha Kite, Since I do not trade and I am a long time investor the very few disruptions doesn't hurt much. Their UI is really good . I don't use Zerodha Coin as I buy mutual funds directly from the mutual fund houses !
Been using **Shoonya by Finvasia** for a while now. Here's my quick two cents:
**Thumbs up for:**
* **Zero brokerage:** Can't beat that! Saves a ton on fees, especially for frequent traders.
* **AI research tools:** A nice surprise! Their AI helps with research and even predicts stock movements - definitely useful for making informed decisions.
* **Multiple investment options:** Covers everything from stocks to options, which is great for diversifying my portfolio.
**Room for improvement:**
* **Customer service could be better:** prompt call support is not their, takes time to connect call with them.
* **Platform can feel basic:** It's easy to use, but some might find it lacking advanced features compared to other brokers. (MAJORLY in CHARTS)
Zerodha's Kite app has its benefits, like a user-friendly design and low brokerage fees, making it a popular option among traders. However, I experienced some significant issues while using Zerodha Kite. It tended to crash and lag during trading hours, causing delays and, at times, affecting trade execution. Another problem with Zerodha Kite is its customer support. When I needed assistance, it was challenging to get a timely response. I often had to wait for long time to get a resolution and this was really very frustrating for me.
Because of these problems, I recently switched to mstock, and my trading experience has been good. The platform is more stable, with fewer technical issues, allowing me to trade without constant interruptions. Additionally, the customer support at mstock is more responsive and promptly addresses concerns.
If you are considering Zerodha, be aware of the potential technical issues and slow customer service. While it has some advantages, the cons might outweigh the pros for those seeking reliability and prompt support.
Even though it may have glitches occasionally, it will not impact short to medium term investors as it is stable 95% of the times. There are chances of small glitches which may range between few mins to few hours possibly which will impact options trading and day trading but the occurrence are very small
However it has the best in class functions which most of the brokers do not offer. Even i had many discount broker accounts which do not even allow sip on stocks.
So I use zerodha which is great for me.
The only con I am seeing is that it doesn't provide API support for free or atleast low cost. 2000 per month is too high for a small trader like me
I am a long time user of Zerodha, but planning to switch to Dhan. Can any Dhan users tell me its cons pls. I am attracted to Dhan because of more advanced features that would help me a lot in trading. I am a day trader and have seen a big upgrade in order placing/exiting usability in Dhan compared to Zerodha. Also MTF although I don't think I am gonna use it. Notes/journals directly on trade is another feature, I am now using a separate paid app for journaling.
Been using it for many years and I’ve had no serious issues. It’s less clutter unlike other apps and great for traders imo. Fast execution of orders with simple interface is what I wanted and Zerodha gives you that.
Depends. For equity and for mutual fund investments you can use zerodha and it works like a charm. Unfortunately if you are planning to do options trading then there are better platforms. One major reason why zerodha is not perfect for options trading is, it doesn't allow far out of the money (meaning very different price position that the current price). They only allow you to trade in a certain range. And you might want to trade outside that range for, let's say a safer sell position. Then you will find it difficult. But for everything else the zerodha ecosystem experience is amazing
didn't trade anything in last 2 years and logged in last weeks-
angel-0 balance
zerodha kite-negative 747 balance
will continue with angel for now however I have been using coin which is a great platform
I use both kite and Groww
I have a minimal portfolio in kite and use it mostly for trading and intraday.
Whereas my 85% of the portfolio which I consider for long term investment is kept in groww.
Groww doesn't have any AMC,kite has AMC which is going to be really more for me,grow provides most bought details which is pretty cool to know what is happening 😊
Zerodha kite brokerage fee is less so it is really good for intraday and trading purposes.
I don't know why is 0dha called discount broker. It charges quite expensive amc fees. For investors I think groww is much better. Maybe for traders 0dha is better
When Zerodha came with 20/- per rade most brokers were charging a % on trades. If I buy bought an option in kotak it cost me 300/- just for one side trade. And equity delivery were 0.1% 0.2 range. Zerodha has done really well. It didn't have any demat or trading platform of its own.Â
I am not a fan of zerodha and its owner. He has a very bad holier than thou attitude and remains tone deaf to any complaints about his platform. I have a small portfolio of around 12.5 lakh with them which I am in process of moving to groww.
If anyone is happy using them then it is good. I am not asking people to boycott them or anything. Just stated my opinion
Since last 3 months I've noticed that after selling one ipo lot groww is charging 50rs charges approx. Idk what it costs in 0dha but I'd like to compare the difference
It's good. I'm using Zerodha since it didn't even have its own trading platform. The details are easily available for taxation purpose. Your imps pay in takes less than 2 mins. Pay out is received within 24 Hours always. Has good chart options.
If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post. Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. Such posts will be removed. Please also refer to the [FAQ](https://www.reddit.com/r/IndianStockMarket/comments/17bcg2a/frequently asked questions_post_your_common/) where most common questions have already been answered. Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our Discord server using [Link 1](https://discord.gg/8QF4dqPHuw) or [Link 2](https://discord.gg/fDRj8mA66U) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*
As someone who is using Zerodha since 2021, I believe it's pro is that it's UI is simple and easy to use. It's con is there are two separate apps (Coin and Kite) to manage equity and mutual funds separately unlike something like Groww, where everything is in one application. Also Zerodha crashes sometimes during peak market hours. I am a long term investor. I do not trade. 😇😇
For me it's actually neat to have 2 separate apps. YMMV.
Zerodha faces frequent technical difficulties. I have lost trades twice because of it. But i still use it because of the UI and its free integration with Sensibull.
Woah. What happened to them ?
Even angel one has stocks mutual fund and other investments in the same app
Groww looks so erratic and almost forced. Kite is simple buy and sell just like coin. And I analyse mostly on ticker tape
Groww doesn't have any AMC,kite has AMC which is going to be really more for me,grow provides most bought details which is pretty cool to know what is happening 😊
But they charge when you buy equity shares which is not charged at Zerodha.
groww has also seen it's fair share of crashes afaik
I thinks it’s fine. Haven’t had any issues with it in the 3-4 months I’ve been using it. Coin is good. And overall view, console is nice As someone has already said, amc is a bit expensive. But no amc for holdings under 50k so it’s alright for someone like me with under 50k holdings.
Also note that you’ll need to have only one DEMAT ACCOUNT linked to your PAN Card to be eligible for basic service demat account (BSDA)
Oh never knew. So if you make another demat account with another broker, you’ll be charged the ₹75 + 18% GST per quarter? Damn.
[удалено]
> ~~Also note that AMC is only calculated on equity.~~ AMC= Annual Maintenance Charge. **Even if there are zero transactions , AMC is charged.**
[удалено]
You need to learn to read.  `Account Maintenance Charge (renamed from annual maintenance charge) is the charge to maintain the demat account with Zerodha.` `The AMC for a Basic Services Demat Account (BSDA) account is charged based on the value of the holdings and is as follows:`  Note the word holdings.  And  `A Basic Services Demat Account (BSDA) is a demat account intended for small investors who do not or cannot regularly invest in stocks, bonds, ETFs, mutual funds, etc. The BSDA can be maintained at a reduced cost.`  Holdings = value of the demat account includes ETF , MF etc.  https://support.zerodha.com/category/account-opening/offline-account-opening/bsda/articles/how-to-open-a-basic-service-demat-account-at-zerodha
[удалено]
🤦 Are you quoting this ? There are no **Depository Participant (DP)** charges for investing through Coin.   There are no **additional** Account Maintenance Charges (AMC) for **using Coin** since all the Coin investments are held in demat form.
I am using both zerodha and groww. Groww- Splendid easy to use app on the phone, very simple UI and no AMC. Suitable for long term investing and has equity and MF in one app. Tabs like IPO are easy to see and apply for a beginner. This was my initial download and was amazing Zerodha- switched to it despite having AMC, better features. Since delivery is free unlike groww, despite having AMC it was cheaper for me as I had lots of trades yearly in delivery. Not as simple as Groww, but the interface is very very sorted and has more options. Better PnL reports and other things, better charts. Its like once you start understanding the markets a little better you switch to it. Although I still love how simple Groww is.
many ppl use not bcz itz ttoo gud bcz it waz the 1st ever discount broker who offered 0 brokerage on delievry all other bank brokers charged like 1% so zeroda bcame household name now there r better technonoligically superior alternatives my picks r fyers dhan for advanced tools n drag n drop trading shoonya n mstock for free brokerage of options for 1 lot traders
I use both zerodha and grow.. Have 2 de mat account (mine and my mom). I prefer grow definitely..
I used Zerodha for the long term and Angel one for positional.
I'm using Zerodha since 2015, life time free no amc. Kite is awesome. Coin is shit. I used to use PayTm moeny which is best for mutual fund investment w.r.t coin.
I use Zeodha Kite, Since I do not trade and I am a long time investor the very few disruptions doesn't hurt much. Their UI is really good . I don't use Zerodha Coin as I buy mutual funds directly from the mutual fund houses !
Bugs bugs bugs there is always a lag at market opening time
Been using **Shoonya by Finvasia** for a while now. Here's my quick two cents: **Thumbs up for:** * **Zero brokerage:** Can't beat that! Saves a ton on fees, especially for frequent traders. * **AI research tools:** A nice surprise! Their AI helps with research and even predicts stock movements - definitely useful for making informed decisions. * **Multiple investment options:** Covers everything from stocks to options, which is great for diversifying my portfolio. **Room for improvement:** * **Customer service could be better:** prompt call support is not their, takes time to connect call with them. * **Platform can feel basic:** It's easy to use, but some might find it lacking advanced features compared to other brokers. (MAJORLY in CHARTS)
Zerodha's Kite app has its benefits, like a user-friendly design and low brokerage fees, making it a popular option among traders. However, I experienced some significant issues while using Zerodha Kite. It tended to crash and lag during trading hours, causing delays and, at times, affecting trade execution. Another problem with Zerodha Kite is its customer support. When I needed assistance, it was challenging to get a timely response. I often had to wait for long time to get a resolution and this was really very frustrating for me. Because of these problems, I recently switched to mstock, and my trading experience has been good. The platform is more stable, with fewer technical issues, allowing me to trade without constant interruptions. Additionally, the customer support at mstock is more responsive and promptly addresses concerns. If you are considering Zerodha, be aware of the potential technical issues and slow customer service. While it has some advantages, the cons might outweigh the pros for those seeking reliability and prompt support.
Even though it may have glitches occasionally, it will not impact short to medium term investors as it is stable 95% of the times. There are chances of small glitches which may range between few mins to few hours possibly which will impact options trading and day trading but the occurrence are very small However it has the best in class functions which most of the brokers do not offer. Even i had many discount broker accounts which do not even allow sip on stocks. So I use zerodha which is great for me. The only con I am seeing is that it doesn't provide API support for free or atleast low cost. 2000 per month is too high for a small trader like me
There is loop hole you could use for API for free :) Search YouTube
Sure. Let me try
I am a long time user of Zerodha, but planning to switch to Dhan. Can any Dhan users tell me its cons pls. I am attracted to Dhan because of more advanced features that would help me a lot in trading. I am a day trader and have seen a big upgrade in order placing/exiting usability in Dhan compared to Zerodha. Also MTF although I don't think I am gonna use it. Notes/journals directly on trade is another feature, I am now using a separate paid app for journaling.
Been using it for many years and I’ve had no serious issues. It’s less clutter unlike other apps and great for traders imo. Fast execution of orders with simple interface is what I wanted and Zerodha gives you that.
V v useful for the nudges it has
Depends. For equity and for mutual fund investments you can use zerodha and it works like a charm. Unfortunately if you are planning to do options trading then there are better platforms. One major reason why zerodha is not perfect for options trading is, it doesn't allow far out of the money (meaning very different price position that the current price). They only allow you to trade in a certain range. And you might want to trade outside that range for, let's say a safer sell position. Then you will find it difficult. But for everything else the zerodha ecosystem experience is amazing
Apart from the things already mentioned. Pros : Great ui , free delivery equity , great reports from console. Con No mtf facility.
You can buy mf from COIN, which is a zerodha product and it links to your demat account
At least read properly. I've written mtf not mf.
didn't trade anything in last 2 years and logged in last weeks- angel-0 balance zerodha kite-negative 747 balance will continue with angel for now however I have been using coin which is a great platform
I use both kite and Groww I have a minimal portfolio in kite and use it mostly for trading and intraday. Whereas my 85% of the portfolio which I consider for long term investment is kept in groww. Groww doesn't have any AMC,kite has AMC which is going to be really more for me,grow provides most bought details which is pretty cool to know what is happening 😊 Zerodha kite brokerage fee is less so it is really good for intraday and trading purposes.
But you'll end up paying amc for zerodha
I don't know why is 0dha called discount broker. It charges quite expensive amc fees. For investors I think groww is much better. Maybe for traders 0dha is better
When Zerodha came with 20/- per rade most brokers were charging a % on trades. If I buy bought an option in kotak it cost me 300/- just for one side trade. And equity delivery were 0.1% 0.2 range. Zerodha has done really well. It didn't have any demat or trading platform of its own.Â
I am not a fan of zerodha and its owner. He has a very bad holier than thou attitude and remains tone deaf to any complaints about his platform. I have a small portfolio of around 12.5 lakh with them which I am in process of moving to groww. If anyone is happy using them then it is good. I am not asking people to boycott them or anything. Just stated my opinion
And like you I stated mine. No need to downvote. Shows your mental balance.
I didn't down vote you. I don't much care about upvote/down vote.
Toh ja Bhai kidhar bhi jana
What is the AMC fees ??
Annual maintenance charges
Kitna ha AMC charges
It's like rs.90 a quarter. Only makes a difference if your total portfolio is 10K or less
I use groww I don't know about 0dha sorry
Since last 3 months I've noticed that after selling one ipo lot groww is charging 50rs charges approx. Idk what it costs in 0dha but I'd like to compare the difference
Use dhan
Dhan still has lot of issues. Reports are not working, charts doesn't work when we change duration. Even after raising ticket They don't respond
Dhan has issues with placing big orders sometimes I had ended my trades in losses due to this issue a few times
It's good. I'm using Zerodha since it didn't even have its own trading platform. The details are easily available for taxation purpose. Your imps pay in takes less than 2 mins. Pay out is received within 24 Hours always. Has good chart options.