Peacock Financial Services

Subtitle

For the benefit of our Clients & Followers In this New Year 2017 we are taking a big step, We are very excited & happy to announce that from now onwards Peacock Financial Services is making it's Premium All in One Pack service 100% free (Ex - Investment Pack) 


About Zerodha 


Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective to number of shares or their prices (Except equity delivery trades which is free). With Zerodha maximum brokerage you pay for any transition is Rs 20 for an order (of any size and in any segment). Zerodha doesn't have minimum brokerage.


Incorporated in 2010; Zerodha is first and No. 1 discount broker in India by volume, number of customers and growth. In short span of 6+ years, Zerodha contributes to over 5%  of the NSE total turnover; among 10,000+ brokers offering services to retail investors and traders.

Like other online stock trading companies, Zerodha offers trading services to buy & sell stocks, futures & options (in Equity, Currency & Commodity segments). Zerodha's share trading platform is powered by Omnesys 'NEST Trader'. All trading platforms including trading terminal, website and mobile trading are made available to its customer for free of charge.

Zerodha's brokerage structure is extremely simple and very easy to understand. Customer who moved to Zerodha has reported 80 - 90% saving in brokerage they pay to full-service brokers. Zerodha is among the most technologically advance and cheapest stock broker in India for all kind of investors including people who trader just a few times in a month to day traders who execute 100's of trades each day.

Zerodha Trades In: BSE, NSE, MCX-SX, MCX


Zerodha's Trading Platforms :- 


A customer can trade with Zerodha in following ways:

1. Zerodha Trader [Installable Application] - An installable application powered by 'Omnesys NEST Trader' can be downloaded and             installed on your computer. This is a fully functional trading terminal allowing fast execution of orders with real time monitoring.             This easy to use trading terminal is available to all its customer for free.

2. Web based trading platform - Kite -Launched in November 2015, Zerodha KITE is a web based HTML 5 light weight platform which     can be used for trading on mobile, tablets as well as browsers. Using KITE platform one can trade in language of their own choice.         Zerodha has launched this platform in 10 languages which makes trader more comfortable as most of the time english is not their         primary language. Initially it was available in kannadda and now available in English, Hindi, Kannada, Telugu, Tamil, Malayalam,               Marathi, Bengali, Gujrati and Punjabi.

    Zerodha claimed "KITE" is light weight and uses 175th of the internet bandwidth comparison to traditional trading platform. It has          advanced technical analysis charting with over 100 charting indicators and unlimited data for all stocks. KITE searches through              70,000 stocks across multiple exchanges.

3. Zerodha Mobile - A smart phone application for Android and BlackBerry. This app allows customers to trader from their mobile               phones.

5. Zerodha Pi - Launched in July 2015, PI is zerodha's new and unique software featuring advanced charting, Algos, strategies, &                backtesting. It's available for free to all zerodha's clients. They have 10 chart types with over 80 indicators. Using this software                trader can view up to 50,000 candles based on their system speed and configuration. They have inbuilt strategies and quick order          entry screen so you can create your own strategies, back test them and trade directly from chart.

6.  Call & Trade - Customers who are not online; can use Call & Trade service for an additional cost of Rs 20 per trader.


Automated Trading through AmiBroker

Zerodha online trading platform provides a plug-in for AmiBroker, the popular Technical Analysis Software. Through this a trader can trade directly from AmiBroker software in the semi-automated or fully-automated way based on his own strategies. The trader has to buy the separate license from AmiBroker to use this feature. Zerodha has become the first broker in India to offer Automated Trading through this plug-in. Google 'AmiBroker' to know more about AmiBroker software.


Trade Mutual Fund with Zerodha

Recently Zerodha has added new feature of trading in mutual fund which was one of the great element missing with discount brokers. If you are an existing client of Zerodha you don't need to register to buy/sell mutual funds. All Mutual Fund investments made through Zerodha are totally free means there is no brokerage, execution costs, or hidden fees. You only have to pay for the units of mutual funds you purchase, once purchased you can track the NAV of your mutual fund directly on the MF platform or Q. Trader can start investing in mutual funds in demat form along with stocks, ETFs, commodities, and currency with Zerodha.

Zerodha has an online order placement and confirmation facility for their clients to buy and sell mutual funds directly from their platform with just a few clicks. Zerodha's mutual fund platform is directly connected to the exchange so you can execute your buys and sells faster than the conventional mechanism. Only SEBI regulated mutual funds are available for investment through Zerodha so you can be sure about what you're purchasing.


Zerodha Charges 2017


  • Trading Account Opening Charges (One Time): Rs 300
  • Demat account Opening Charges (One Time): Rs 100
  • Trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Annual Maintenance Charges (AMC): Rs 300 per year (payable upfront)

Trading Brokerage Charges 

  • Equity Delivery Trading Brokerage: Rs 0 (Free Unlimited Equity Delivery Trades)
  • Equity Intraday Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower
  • Equity Future Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower
  • Equity Options Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower (on Turnover)
  • Currency Futures Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower
  • Currency Options Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower
  • Commodity Trading Brokerage: 0.01% or Rs 20 per trade whichever is lower

Try Zerodha Brokerage calculator here - https://zerodha.com/brokerage-calculator

Open an account in Zerodha with us and get special cashback of 10% of total brokerage paid on monthly basis for first 6 month exclusively from Peacock Financial Services (This offer is exclusively by Peacock Financial Services and not by Zerodha)

To Open an account with us simply fill your details below and we will contact you.

 
Thank you for contacting us. We will get back to you as soon as possible
Oops. An error occurred.
Click here to try again.
  • Zerodha Pros and Cons

Zerodha Advantages

  • Zerodha offer equity delivery trades for free. This mean you don't pay any brokerage when you buy shares using cash-and-carry (CNC). CNC are delivery trade using CNC with no leverage. Once bought, shares will get delivered to your demat account and if sold, shares will get debited from your demat account.
  • Zerodha is among the cheapest share broker in India. They offer trades under a simple model where they charge 0.01% or Rs 20 per executed order, whichever is lower, regardless of the trade size.
  • Zerodha do not charge any hidden fees i.e. Software uses charges. Except brokerage, investor has to pay various taxes on the truncations which is exactly same as other broker's charges i.e. STT, Transaction/Turnover Charges, Service Tax (ST), Education Cess, Higher Education Cess, SEBI Charges and Stamp Charges.
  • No minimum amount balance required to open a Zerodha trading account.
  • There is 'No Minimum Brokerage' with Zerodha. This is helpful with small trades where 0.01% brokerage [one side] is applied. Brokers like ICICIDirect charge minimum brokerage of Rs 35 if your calculated brokerage is less than that.
  • Unlike many other brokers who advertise fixed brokerage of Rs 5 per trader but ask you to but a prepaid plan of Rs 1 Lakh in advance, Zerodha is the only discount broker who doesn't sell any prepaid brokerage plans. It's simply pay as you go brokerage firm.
  • algoZ - a tool on Zerodha Trader allows you to code technical analysis strategies. This algorithm trading tool is available for free to all the customers.
  • Zerodha offers 'Bracket Orders' with an option of 'Trailing Stop loss' for both Equity and F&O. Zerodha is the first broker to offer this to retail investors in India.
  • Zerodha offers Collateral Margin or 'Margin Against Share' for trading in Equity and Currency F&O segment. Over 1000 approved securities (Stocks & ETFs) are available to get collateral margin.
  • Zerodha gives facility to invest in Mutual fund which generally doesn't offer by any discount broker.

Zerodha Disadvantages

  • 3-in-1 trading account is not available as Zerodha doesn't provide banking. Any online bank can be linked to Zerodha trading account.
  • Zerodha doesn't provide facility to invest in IPO, FPO and Offer For Sale (OFS).
  • Call & Trade is available at additional Rs 20 per executed order.
  • Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are only available for commodity trading. They are not available for equity segment.
  • Trading clients are not available for operating system Mac and Linux.
  • Zerodha doesn't offer trading in currency derivatives at BSE. BSE low transaction charges in this segments makes currency trading with BSE really cheap in comparison to NSE. NSE levies a transaction charge of Rs 110 on turnover of Rs 1 crore while BSE charges Rs 10 per crore.

Zerodha Exposures

  1. Zerodha Exposure for Intraday Trading - Zerodha offers 5 to 20 times exposure or leverage for stocks on which F&O trading is allowed. For most other stocks; Zerodha gives 5 times exposure. Margins are given only for Intraday trading.
  2. Zerodha Exposure for trading in Futures - Zerodha lets clients take MIS (Margin Intraday Squareoff) positions with following margin:
    • Equity & Index futures - 40% of NRML(Normal) margin (Order squared off at 3:20pm)
    • Commodity futures - 50% of NRML(Normal) margin
    • Currency futures - 50% of NRML(Normal) margin (Order squared off at 4.30pm)
    .
  3. Zerodha Margin for Options - Zerodha doesn't offer any margin for buying Options.

Zerodha's Membership Information

  1. Zerodha NSE Member ID:
    • Capital Market (CM) - INB231390627
    • Future & Options (F&O) - INF231390627
    • Currency Derivatives (CDS) - INE231390627
  2. Zerodha BSE Member ID:
    • Capital Market (CM) - INB011390623
    • Future & Options (F&O) - INF011390623
  3. CDSL: IN-DP-CDSL-00278209
  4. NSDL: IN-DP-NSDL-11496000
Open an account in Zerodha with us and get special cashback of 10% of total brokerage paid on monthly basis for first 6 month exclusively from Peacock Financial Services (This offer is exclusively by Peacock Financial Services and not by Zerodha)

To open an account in Zerodha with us, simply fill the your contact details below and we will contact you.
 
Thank you for contacting us. We will get back to you as soon as possible
Oops. An error occurred.
Click here to try again.