Zerodha Kite Review 2021: Key Features, Set-up Process, Benefits & more

Zerodha Kite Review 2021: Key Features, Set-up Process, Benefits & more

Zerodha Kite Review: The Zerodha Kite app is well-equipped with innovative features, such as customer support, to help you overcome any issue. Not all brokerage apps have made it this far since trading was brought to the mobile market, but this software is widely regarded as one of the best.

In this article, we will review the Zerodha Kite trading platform and will see its key features, setup process, and benefits. So let’s take a deeper look at what the Zerodha App can achieve.

About Zerodha Kite

Zerodha is regarded as one of the most excellent bargain brokers offering trading services. The Zerodha Kite Mobile App has all of the tools that ensure a seamless trading experience.

Kite App offers all technological capabilities and is simple to use; alternatively, you can control your trading experience through a financial intermediary.

Quick Note: If you want to open a FREE Demat account with Zerodha, here’s the direct link!

CriteriaRatings
Processes8.7/10
Usability8.9/10
Features8.8/10
Speed8.7/10
Performance8.6/10
Overall Rating8.8/10

Key Features of the Zerodha Kite

Kite is a superior trading platform with many features that its competitors do not have. As Kite is still in active development, Zerodha is adding hundreds of new features with each new release. However, here are a few essential characteristics that make Kite a one-of-a-kind trading experience.

  1. Market Watches
  2. Streaming Quotes
  3. Browser Notifications 
  4. Dashboard / Account Summary
  5. View of the Market in Depth with Streaming Updates
  6. Floating Order Pane
  7. Multiple orders/positions can be exited with a single click.
  8. Views of multiple charts (4 charts on the same screen)
  9. Investing based on charts (place trades from popped out charts)
  10. Regular, BO, and AMO orders are available.

ALSO READ

How to set up the Zerodha Kite App?

Follow the instructions in the following steps to learn how to set up the Zerodha Kite trading app:

  1. Fill out the initial form in the Zerodha brokerage app to open a Demat account.
  2. After completing the form, you will be given your login id.
  3. To proceed, enter your ID at kite.zerodha.com.
  4. After successfully logging in, look for the option known as a market watch.
  5. Enter a name for the share by clicking the choices button.
  6. You can select the page’s dropbox, along with the alternatives of buying or selling with many others.
  7. Following that, there will be an add button; click on it to add your share to the market watch.
  8. Once the share is added to the marketplace, you will have several trading possibilities.
  9. Begin your trading by pressing the buy button, adjusting the number of shares, and submitting the buy order.
  10. You can also personalize your profile.
  11. To access the buy or sell a window, check the B and S buttons.
  12. The portfolio section contains all of the information about your holdings.

There are various chart alternatives available. Check out every type of chart and begin your analysis accordingly. The notifications area will display all of the relevant notifications.

How to Own a Zerodha Kite Mobile App?

The Zerodha Kite app is available for free download from the Google Play store. To use the program, you must first create a Zerodha account.

The use of the Zerodha broking mobile app is free of charge. We’ve talked about how to set up your trading account, so here are some documents you’ll need to open a Demat account.

  1. Account fee costs of Rs. 300 
  2. Pan card
  3. Aadhar card

Zerodha Kite App owning process involves following steps

  1. Click on the green “Open Demat Account” button.
  2. Enter all needed information, such as your name, phone number, and city.
  3. You will receive a call from the Zerodha KYC Team, and they will provide you with an EKYC link.
  4. Pay the Processing Fee by clicking on the link.
  5. Distribute Documents
  6. Sign identification documents such as Aadhar cards.
  7. Get your Zerodha ID and password to start trading.
  8. To trade, enter your ID and password.
Kite 3 Mobie app | Zerodha Kite Review

Zerodha Kite Advantages

  1. It truly Works in low bandwidth.
  2. Up to ten regional languages are supported.
  3. The interface that is simple and attractive
  4. API accessibility
  5. Quant access for fundamental analysis utilizing behavioral analytics
  6. Integration with third-party applications
  7. Excellent Funds Transfer Service
  8. ChartIQ and TradingView charts are both accessible.

Zerodha Kite Disadvantages

  1. Scanners are not accessible for backtesting.
  2. There is no way to invest in IPOs or mutual funds.
  3. A separate application is used to administer the back office.
  4. On charts, there are a few minor browser-related difficulties.
  5. Trading charts are not accessible.

Quick Read

Closing Thoughts

The Zerodha Kite App is, without a doubt, one of the top trading apps in the country. It has a smooth interface that is highly user-friendly. In addition, the Kite App is rapid in terms of speed and can also be used with a slow internet connection.

We hope you found the Zerodha Kite Review 2021 review post to be informative. Do let us know in the NiftyBroker’s comments section if you are using it for trading or any other trading platform. Good luck with your trading! 

How to do Zerodha Intraday Trading – Process, Tips, Charges, Calculator & more

How to do Zerodha Intraday Trading – Process, Tips, Charges, Calculator & more

Zerodha Intraday Trading: Zerodha is the biggest and the top stockbroker in Indian with over 4 million clients that make up the +15% of daily retail trading volumes on Indian stock exchanges.

Competing with big players like HDFC and ICICI is indeed a difficult task but Zerodha has managed to remain the Number One discount broker of the country.

Intraday trading is a position in the share market and refers to buying & selling of stocks and other financial elements within the same day.This mean in intraday trading all the positions are settled before the closing of the market.

In this article we will learn how to do Zerodha intraday trading, what are the charges, timing, tips to get full insights into it. Let’s get started.

Zerodha Intraday Trading Process

For starting Zerodha intraday trading you should have a demat and a trading account with Zerodha. If you don’t have an account yet, you can open it quickly for free.

There are 2 ways to do Zerodha intraday trading –

1. Online Mode

Zerodha intraday trading can be done through their trading terminal Zerodha Kite, which is a web based trading platform. You can also use Zerodha Pi or mobile app of Zerodha Kite for your trading purpose.

For buying or selling purpose, you will need to click on the share you want to trade and then you will option on the screen for intraday trading.

2. Offline Mode

There is an option of doing intraday trading in the old fashion as well. For offline Zerodha intraday trading, you need to call at the Zerodha call & trade desk from your registered mobile number with them.

One can make a request and place the trade using their telephone code which was used to known as Zerodha ZPin.

Types of Zerodha Intraday Orders

Now before moving ahead, we should learn about the basics of some types of orders.

  • MIS: MIS stands for Margin Intraday square off. It is used for Intraday trading with leverage. All MIS position is auto squared off at the end of the day session.
  • CNC: It stands for Cash n carry. CNC is used in delivery-based equity. There is no leverage provided in CNC. However, there is also no auto square off at the end of the session.
  • Market order (Market): When you want to buy/sell a share at the current market price, then you need to place a market order.
  • Limit order (Limit): A limit order means to buy/sell a share at a limit price. If you want to buy/sell a share at a given price, then you place a limit order.
  • Stop Loss (SL): This is used to place a stop loss at the limit price. Here you need to specify a Limit price and a trigger price. When the trigger price is reached, then the stop-loss order is sent to the exchange at a limit order mentioned by you.
  • Stop loss market (SL-M): This is used to place a stop loss at market price. Here you just have to specify the trigger price. When the trigger price is reached, then the stop-loss order is sent to the exchange at market price.
Eample on Zerodha Kite | How to do Zerodha intraday trading
  • Disclosed quantity: This allows traders to disclose only a part of the actual quantity of the stocks that they bought or sold. This disclosed quantity should be more than 10% of the order quantity.
  • AMO: It stands for aftermarket orders. You can use this facility to place an order when you can’t buy/sell during the trading time. You can place your order between 4:00 PM to 08:59 AM i.e. after the post-closing session and before the pre-opening session.
  • Bracket Order (BO): Bracket order is used for higher leverages (than that of MIS). Here, you place an Intraday buy or sell at limit order with a target price and a compulsory stop loss. All the orders are squared off before the end of the day.
  • Cover Order (CO): Cover order is used for placing intraday buy or sell at the market order for high leverage (that trading using MIS). Here you just have to specify the stop loss. All the orders will be squared off before the end of the day.

Zerodha Intraday Trading Charges

Below are the charges levied in the Zerodha intraday trading –

ParticularsCharges
Brokerage0.03% or ₹20/executed order whichever is lower
STT/CTT0.025% on the sell-side
Transaction ChargesNSE: 0.00325% BSE: 0.003%
GST18% on (brokerage + transaction charges)
SEBI Charge₹5/Crore
Stamp Charges0.003% or ₹300/crore on buy-side

Zerodha Intraday Calculator

You can use the Zerodha intraday brokerage calculator to see the full breakdown of charges for your trade order.

Zerodha Intraday Trading Timing

One can perform intraday trading with Zerodha at any time during the market opening hours. However, you need to be a little cautious while closing your position. You can use some Zerodha intraday trading tips to increase your profit.

 If an open intraday MIS / BO / CO position has not been squared off before the closing of the market, it gets automatically settled roughly 3:20 pm. If due to any reason, the intraday trading position has not been settled till the closing of the market, the position gets transformed into CNC position.

You should watch the Zerodha trading demo to get more insights of the trading process.

Zerodha Trading Margin

Trading in futures is utilized which refers that only a small amount of money known as “margin” should be there in the account to make an intraday future.

ZerodhaExposure
Intraday EquityUp to 20X
Equity DeliveryUp to 1X
Equity FuturesUp to 2.5X
Equity OptionsUp to 2.5X
Currency FuturesUp to 20X
Currency OptionsUp to 2.5X

You can use Zerodha margin calculator to see the comprehensive details of margin.

How to do Zerodha Intraday Trading: Tips

Honestly, there is no set pattern you can refer to in order to generate profits out of Zerodha intraday trading. However, you can refer to some proven intraday trading tips while executing the trade –

  • Perform a detailed technical inspection of stocks for the sectors or stocks you are evaluating. There are several technical indicators, charts, heat maps, screeners, and other associated tools that can help you to make sound trading decisions.
  • In the case of online order placement mode, then you just need to choose a particular scrip.
  • Ideally, you should place a stop-loss price in order to limit your losses if the trade goes in the opposite direction against your opportunities.
  • It is totally logical to use a trailing stop-loss order in order to make higher profits.
  • Use margin to the level that is based on your risk appetite. This is because using margin is a double-edged sword.

Quick Read

Zerodha Intraday Trading FAQs

Is Zerodha good for intraday trading?

Zerodha intraday is pretty safe to trade. They are the biggest and the top stockbroker in Indian with over 4 million clients.

How can I use Zerodha for intraday trading?

There are 2 ways of performing intraday trade – one via their trading platforms and other by calling to the Zerodha call & trade number.

Is intraday free in Zerodha?

No, the charge for the brokerage is 0.03% or Rs.20 whichever is lower for every trade that you perform.

Do Zerodha provides tips for intraday trading?

The above mentioned tips are tried and tested by many traders & advisors, so you can use them while trading on Zerodha.

Closing Thoughts

With Zerodha Intraday Trading offers and options, you can actually make the most out of your intraday trading activity. Zerodha intraday trading has become a lot simple and effective with the presence of brokerage and margin calculators.

Hopefully, we were able to help you to find the answer to ‘How to do Zerodha Intraday Trading’. You can let us know in the comment section about your intraday trading experience with Zerodha. Read the detailed review of Zerodha and know about them more. Happy trading!

Best Commodity Trading Platform – List of Top 10 Commodity Brokers in India

Best Commodity Trading Platform – List of Top 10 Commodity Brokers in India

List of Best Commodity Trading Brokers in India 2021: Commodities are raw materials or agricultural products in simple terms that can be bought and sold. These are some of the basic goods in commerce used as building blocks of the global economy.

Commodity trading refers to the buying or selling of commodities or various financial instruments based on the commodities. Commodities Trading in India is offered by two major exchanges – MCX (Multi-Commodity Exchange) and NCDEX (National Commodity and Derivative Exchange).

Points to keep in mind while choosing best commodity broker:

  • Commodity broker must be affiliated with a stock exchange
  • Commodity low brokerage
  • Broker should provide customer support facilities
  • Good reviews and rating among commodity trading brokers

List of Best Commodity Trading Brokers in India

Here is the list of best commodity trading brokers in India based on the above mentioned criteria:

RankCommodity Brokers
1Zerodha
2Angel Broking
3Sharekhan
4Upstox
5ICICI Direct
6HDFC Securities
7Motilal Oswal
8IIFL
9TradePlus Online
10Alice Blue

Now, get to know about the above top 10 commodity brokers in detail –

1. Zerodha: Best Commodity Broker in India

Zerodha Logo

Zerodha was the only online trading platform service provider at the time when it was incorporated in 2010. Zerodha provides one of the most efficient and modern commodity trading platforms known as Zerodha Kite.

Zerodha Kite is a sleek trading and investment platform using the latest technologies. It eases customer’s experience to trade and transact in the stock market.

Quick Note: If you want to open a FREE Demat account with Zerodha, here’s the direct link!

2. Angel Broking: Top Commodity Brokers in India

AngelBroking Logo | Best Commodity Trading Brokers in India

One of the leading broking service providers, Angel Broking is the largest full-service retail broker of India.

Angel Commodities Broking is a member of MCX & NCDEX and allows trading in all the commodities with a free commodity trading account.

Quick Note: If you want to open a FREE Demat account with Angel Broking, here’s the direct link!

3. Sharekhan: One of the Best Commodity Brokers in India

Sharekhan Logo

With over 2 million customer base, Sharekhan has been one of the top three stock brokers in India. It is the first stockbroker in India to introduce an online trading website sharekhan.com.

The commodity trading platform provides a wide range of products and services as well namely stock quotes, news alerts on the share market, fundamental and analytical research reports on equity, mutual fund investments, IPOs, and so on.

4. Upstox (RKSV): Top 10 Commodity Trading Brokers

Upstox Logo | Best Commodity Trading Brokers in India

One of the first brokers to start discount broking firm in India, Upstox is a technology-driven discount broking firm that provides 100% online trading and investing platform to its customers.

Upstox provides one of the most comprehensive commodity trading platforms. The broker offers many innovative and powerful tools to assist the commodity traders like the live market data, advanced charting, and top class user experience.

5. ICICI Direct: India’s Top Commodity Trading Brokers

ICICI Direct Logo

The ICICI Direct which is a part of ICICI Securities ranks number one in the full-service stockbrokers’ list.

The high-quality and customized services along with the 3-in-1 account facility are what the company counts on to be able to capture such a vast number of active clients.

Quick Read

6. HDFC Securities: Top 10 Commodity Trading Brokers

HDFC Securities Logo

HDFC Securities Limited is a subsidiary of a top-notch private sector bank HDFC and has been in existence for the last two decades. The company is named as one of the topmost full-service stockbrokers of India.

The large full-service broking firm provides various products that include trading in equity, derivative, commodity, currency, mutual funds, bonds, FDs, NCD, NPS and SIP.

7. Motilal Oswal: Best Commodity Brokers in India

Motilal Oswal Logo | Best Commodity Trading Brokers in India

Motilal Oswal Securities Limited is a subsidiary firm of Motilal Oswal Financial Service Limited. Today, this diversified financial service firm holds diversity in the clients too as they have retail customers, foreign institutional investors, High Net Worth Individuals, financial institutions and small and large corporates.

For commodity traders, they offers some exquisite features both on their web as well as an app platform. 100% paperless Demat and trading accounts with expert reviews is what makes them one of the best in the industry.

8. India Infoline (IIFL): Top 10 Commodity Trading Brokers in India

India Infoline (IIFL) Logo

IIFL Securities is one of the biggest retail and commodity brokers which is a part of an IIFL Group, India’s biggest financial service provider.

The Cutting edge technology of IIFL makes it user friendly and easy to trade and invest any time anywhere. The panel of experts produces well-researched reports, charts, tips and recommendations that help investors make efficient decisions.

9. TradePlus Online: India’s Top Commodity Trading Brokers

TradePlus Logo | Best Commodity Trading Brokers in India

TradePlus, is a Chennai based discount broker provides commodity trading on MCX at the lowest brokerage cost with a monthly plan.

TradePlus provides an infinite commodity trading plan at ₹99 per month for unlimited commodity trading on MCX. You can also choose their flat brokerage plan in which they charge ₹9/order.

10. Alice Blue: Best Commodity Brokers in India

Alice Blue Logo

Alice Blue is one of the best discount and commodity brokers who provide online and offline trading services in India. Based out of Bangalore, the stockbroker has been in existence for more than a decade that helped the firm leverage its brokerage model into a low-cost plan.

Alice Blue offers low-cost brokerage plans that allow investors to trade and invest at a very low cost under Freedom 20 plan as well as Trade Pro Plan.

Also Read

Closing Thoughts

We would recommend to anyone who is thinking about starting commodity trading that you should find a commodity trading broker according to your requirements and review its services and charges. You can see their platforms’ demo video as well.

Here we have listed the top 10 commodity brokers in India, which are the best commodity trading brokers in India as well. Hope you have liked the article. You may read our other articles on stockbrokers‘ reviews as well. Happy trading!

High Leverage Brokers in India 2021!

High Leverage Brokers in India 2021!

High leverage stock brokers in India: In this article, we have listed top brokers in India who offer high margin/leverage to their customers. The best leverage brokers in India are ranked based on intraday margin, delivery, futures, options margin and we have also included margin offered in currency and commodity.

We will first understand what is margin or leverage is and then list down the highest leverage brokers in India.

What is Margin / Leverage?

Margin and leverage are direct synonyms of each other in the financial market. It simply gives you the power to buy/trade in stocks that we can’t afford to buy. Through margin trading, one is allowed to buy the stocks by just paying a part of the actual value of shares.

The margin can be paid either in terms of cash or in shares as security. The balance amount of shares are funded by the brokers. In other words, margin simply refers to the amount of money borrowed from the broker to buy the shares of a company. The broker acts as the lender of money and the securities in the investor’s trading account, are kept as collateral.

Example: Let’s say you want to buy (BO/CO) 100 shares of Britannia which is trading at 200 and the margin provided by your broker is 20X, then you just need to have ₹1000 in your account to buy shares worth ₹20,000.

RankBroker Name
1Wisdom Capital
2SAS Online
3Zerodha
4Upstox (RKSV)
55Paisa
6TradeJini
7Nirmal Bang
8TradeSmart Online

High Leverage Brokers in India

Following is the list of stock brokers with high leverage margin:

1. Wisdom Capital

Wisdom Capital Logo | High Leverage Brokers in India

Wisdom Capital is said to be the fastest-growing discount broking company in India as they offer a wide range of products and services with advanced technologies and are called the unorthodox broking house.

The extensive services offered by the discount broking house contain Demat, Trading, Intraday, Depository, and Portfolio Management Services.

Wisdom CapitalExposure (depending upon brokerage plan)
Intraday EquityUp to 60X
Equity DeliveryUp to 40X
Equity FuturesUp to 20X
Equity OptionsUp to 40X
Currency FuturesUp to 15X
Currency OptionsUp to 15X
CommodityUp to 40X

2. SAS Online

SAS Online is among the high leverage brokers in India. It gives 20 times intraday margin while in commodity trading, it gives 5 times limit. The discount brokerage firm also offers low brokerage.

SAS onlineExposure
Intraday EquityUp to 20X
Equity DeliveryUp to 20X
Equity FuturesUp to 20X
Equity OptionsUp to 20X
Currency FuturesUp to 2X
Currency OptionsUp to 2X
CommodityUp to 5X

3. Zerodha

Zerodha Logo

Though Zerodha is the best discount stockbroker in India, but it provides limited margin/leverage. They are highest intraday margin brokers in India 2021.

Quick Note: If you want to open a FREE Demat account with Zerodha, here’s the direct link!

ZerodhaExposure
Intraday EquityUp to 20X
Equity DeliveryUp to 1X
Equity FuturesUp to 2.5X
Equity OptionsUp to 2.5X
Currency FuturesUp to 20X
Currency OptionsUp to 2.5X
CommodityUp to 2.5X

Also read: How to open Demat and Trading Account at Zerodha? Online Account Opening Process!!

4. Upstox (RKSV)

Upstox Logo | High Leverage Brokers in India

One of the first brokers to start a discount broking firm in India, Upstox is a technology-driven discount broking firm that provides a 100% online trading and investing platform to its customers.

The mainstays of all the products offered by Upstox are Equity Trading, Derivatives, and Currency which are the basic trading products.

UPSTOX/RKSVExposure
Intraday EquityUp to 25X
Equity DeliveryNA
Equity FuturesUp to 4X
Equity OptionsUp to 4X for selling and 1X on buying
Currency FuturesUp to 4X
Currency OptionsUp to 4X
CommodityUp to 3X

Related Article

5. 5Paisa

5Paisa Logo

The second-largest discount broker firm, 5Paisa Capital Limited has created a huge customer base just in a very short span of time.

They offer Equity, Derivatives, Mutual Funds, SIPs, Insurance and Currency under their variety of options to offer valuable products. Since it is a discount broking firm, they charge cheaper than the other brokers and is highly recommended for first-time investors.

Quick Note: If you want to open a Demat account in 5 minutes with 5Paisa, here’s the direct link!

5PaisaExposure
Intraday EquityUp to 15X
Equity DeliveryUp to 4X
Equity FuturesUp to 2X
Equity OptionsUp to 2X
Currency FuturesUp to 2X
Currency OptionsUp to 2X
CommodityNA

Also read: 8 Best Discount Brokers in India – Stock brokers List 2021!

6. TradeJini

TradeJini is a discount stockbroker incorporated in 2012. The product and services of the company include trading in equity, intraday, future & option, currency & commodities on NSE, BSE, and MCX.

TradejiniExposure
Intraday EquityUp to 20X
Equity DeliveryNA
Equity FuturesUp to 2.5X
Equity OptionsUp to 2.5X
Currency FuturesNA
Currency OptionsNA
CommodityUp to 3X

7. Nirmal Bang

Nirmal Bang Logo | High Leverage Brokers in India

Nirmal Bang is one of the prominent full-service stockbrokers in India. The stockbroker operates in multiple business capacities and has membership with NSE, BSE, MCX, and MCX-SX.

Nirmal BangExposure
Intraday EquityUp to 10X
Equity DeliveryUp to 4X
Equity FuturesUp to 4X
Equity OptionsUp to 4X
Currency FuturesNA
Currency OptionsUp to 3X
CommodityUp to 3X

8. TradeSmart Online

TradeSmart Online is the discount brokerage arm of VNS Capital Services based out of Mumbai.

Being the discount broker it provides low brokerage and high exposure in intraday equity. It also offers a margin against shares (MAS), other exposure category product.

Trade Smart OnlineExposure
Intraday EquityUp to 30X
Equity DeliveryUp to 4X
Equity FuturesUp to 5X
Equity OptionsUp to 5X
Currency FuturesUp to 3X
Currency OptionsUp to 3X
CommodityUp to 5X

Also Read

That’s all for the high leverage brokers in India article. We have listed all the top brokers who offer high margins for their products and services. We hope you have liked the article. Do let us know which stockbroker you use or would choose for trading purposes in the comment section below. Happy investing!