India Infoline vs Zerodha – Point by Point Comparison

Before looking for the most appropriate link to choose for the online stock broking, it is important to know about the benefits that every such site provides to make this process an easy one. Comparing the two prominent firms India-Infoline and Zerodha, the results were clear and specified when it comes to choosing the right one from the two.

When it comes to the type of brokers, India-Infoline is a full service broker whereas Zerodha is a discount broker. Opening a trading account and beginning with online share trading is not a difficult job these days. All it requires is your details and Rs. 750 if you plan to choose India-Infoline and Rs. 300 if you choose Zerodha. Further when you start working, it is important to be clear with the brokerage charges. India-Infoline charges 0.05% whereas Zerodha charges Rs. 20 per trade.

Now focusing on the online trading platform, India-Infoline provides the trader terminal whereas Zerodha provides Zerodha Trader, Z5 and Zerodha PI. These companies also provide the ease to work, that is, the mobile trading system which enables a consumer to have a proper functioning sitting at any place and at any point of time.

    India Infoline Zerodha
Basic Information Type of Broker Full Service Broker Discount Broker
Exchanges BSE, NSE, MCX, NCDEX BSE, NSE, MCX-SX, MCX
Fees for Opening Trading Account Rs. 750 Rs. 300
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Rs. 555 Rs. 150
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 400
Brokerage Charges Equity Delivery Charges 0.50% 0.01% or Rs. 20 per executed order. Whichever is lower
Equity Intraday Charges 0.05% 0.01% or Rs. 20 per executed order. Whichever is lower
Equity Future Charges 0.05% 0.01% or Rs. 20 per executed order. Whichever is lower
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher 0.01% or Rs. 20 per executed order. Whichever is lower
Currency Futures Charges 0.05% 0.01% or Rs. 20 per executed order. Whichever is lower
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher 0.01% or Rs. 20 per executed order. Whichever is lower
Commodity Charges 0.05% 0.01% or Rs. 20 per executed order. Whichever is lower
Minimum Brokerage Charges Rs. 0.05 per share Nil
Transaction Charges Equity Delivery 0.00% For BSE: 0.00275%, for NSE: 0.00325% & for MCX-SX: 0.002%
Equity Intraday 0.00% For BSE: 0.00275%, for NSE: 0.00325% & for MCX-SX: 0.002%
Equity Futures 0.00% For BSE: 0.0007%, for NSE: 0.0021% & for MCX-SX: 0.0014%
Equity Options 0.051% on Premium For BSE: 0.0027%, for NSE: 0.053% & for MCX-SX: 0.027% on premium
Currency Futures 0.00% For NSE: 0.00135% & for MCX-SX: 0.0013%
Currency Options 0.051% on Premium For NSE: 0.044% & for MCX-SX: 0.037%
Commodity 0.00% 0.0031% (Non-Agri) & 0.00175% (Agri)
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA Y
SMS Alerts Y N
Online Demo Y Y
Online Portfolio Y N
Trading Platform Trader Terminal Zerodha Trader, Z5 &Zerodha PI
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y N
Mutual Funds Y N
Debt Y N
Bond/ NCD NA N
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N N
Branch Support Y N
Reports Daily  Market Report Y N
Quarterly Analysis of Results Y N

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