In the past few years, the scourge of stock tip messages, calls, and websites has become a dangerous nuisance. We’ve been seeing queries from unwitting investors who have invested based on these messages and calls. We are writing this as a cautionary note urging you to not invest or trade based on anonymous and fraudulent […]
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Stamp duty will be charged uniformly irrespective of the state of residence effective from July 1st, 2020 via this notification. Until now, stamp duty was charged at different rates based on your resident state. We (brokerage firms) used to collect from you and pay it monthly to the respective state government. Going forward we will collect […]
Over the last 12 months, SEBI has been bringing in many additional rules and regulations that safeguard retail customers from any potential financial fraud at a brokerage firm. In this process, many ambiguities in earlier circulars are also being cleared out. While all these have been extremely tough on the brokerage industry in the short […]
A super important part of trading is filing income tax returns (ITR), irrespective of whether you’re profitable or have made losses. Through the Markets and Taxation module on Varsity, we have not only explained all aspects of taxation, but also answered thousands of queries. It was obvious that just education isn’t enough, but we need […]
SEBI put this circular on November 19th 2019 which will be in effect from Jan 1st 2020. This got recently covered by press on how it is probably the worst thing that can happen to a retail trader. Various convoluted versions of what the press said is being shared on social media. So here is […]
Illiquid options are those without frequent trading. Most of the Options are illiquid. And that gets us into traps such as: Not getting a trade to exit when you want to get an exit Getting a wide bid-offer spread, and paying for it If you are stuck in an illiquid single stock option towards the […]
We launched Good Till Triggered (GTT) orders in July this year to help you place long-standing equity delivery orders to set stoploss and target on your holdings, or to set triggers to buy stocks at a certain price in the future. If you aren’t already using GTT, check out the intro post. Many of the […]
The list of trading holidays for the calendar year 2020 has been announced by BSE. Here’s a one-page list of all trading holidays for NSE & BSE. Holidays Date Day Mahashivratri February 21, 2020 Friday Holi March 10, 2020 Tuesday Ram Navami April 02, 2020 Thursday Mahavir Jayanti April 06, 2020 Monday Good Friday […]
24X7 NEFT transactions are not available on the corporate portal of our banking partners yet. We are working with them to enable this for same day fund withdrawal for all our clients. Introducing: Same-day fund withdrawals Now withdraw funds from your Zerodha account to your bank account on the same day, any day of the […]
The Streak team has been working for the past few months on revamping the platform to make your experience better, based on your feedback. Here is a post from the Streak team introducing the new Streak 3.0 beta platform. You can write to [email protected] with any feedback you may have. We have all come a […]
This damning SEBI order against Karvy has come as a shock to everyone in the capital market ecosystem. While the press is going to start reporting its interpretations, we should reserve judgement and allow the regulatory investigations to complete, and all facts to emerge. In the meanwhile, many have written to us on our support […]
We’re thrilled to let you know that we have been awarded the “Best retail brokerage firm in India” by the National Stock Exchange (NSE) for the second year in a row. Above is a picture of Mr. Vikram Limaye(CEO, NSE) presenting Nithin with the award. This wouldn’t have been possible without your support. Thank you! […]
Hindi: इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें। Over the many years trading and interacting with traders, I have constantly heard complaints that institutions have a big edge over retail traders due to lower trading costs, better platforms, and access to level 3 data. With our technology, and with our partner […]
Happy Diwali! Like every year, we have a few exciting offers on all our partner products this Diwali. The Muhurat trading session will be held on Sunday, October 27 2019, between 6:15 and 7:15 PM. As always, no brokerage will be charged for trades done in the Muhurat trading session. 🙂 Here is a list […]
What does compulsory physical delivery mean? As stated in this SEBI circular, starting from July 2018 expiry, F&O positions are being settled moved from cash settlement mode to compulsory physical delivery settlement in a phased manner. Starting from October 2019 expiry, all stock F&O contracts will be compulsorily physically settled. If you hold a position […]
There is something about good content on finance and markets that excites me, and Finception has done it since their first article. We have partnered with some of the coolest FinTech businesses in India working on expanding capital market ecosystem through Rainmatter – Finception is the latest. Their daily newsletter, Finshots, is how I start […]
We have been working tirelessly over the past year to bring to you the best trading and investment experience. While we have posted regular updates on what we have been doing at Zerodha, we thought it would be a good idea to give you an update on all the latest goings-on at our partner platforms […]
Update: Funds in the trading account cannot be used for investing in mutual funds due to changes in regulations. The money for all mutual fund investments has to come from your bank account. You can automate this process by creating a mandate. Follow these steps to create a mandate on Coin. Using SIPs to regularly […]
Thursday, 29th Aug, was a tough day for us as a business. Our vendor-managed Order Management System (OMS) had a 30+ minute downtime caused by a single anomalous order, a new scenario they were not familiar with. We investigated the issue and published a postmortem report with technical details on the same evening, which seems […]
Between 10.00 and 10.40 AM today, we faced technical issues with our order management system (OMS). Order placements resumed after that, but clients who had open orders from before 10.00 AM that got executed at the exchanges during the affected period, faced issues with additional margin blocks until we could reconcile the overall positions with […]
Over 7 lakh people currently hold stocks in their demat account with us. The current market fall has been quite sharp (especially in midcap and small-caps) and hurting most of our investment portfolios. While there has been wealth destruction across the board, three companies stand out not just in value lost, but also in the […]
Aug 15th, 2019 is 9 years since we started Zerodha. All of us have had the best time of our lives, building a brokerage firm that we wanted as traders. We are now: India’s largest retail brokerage with over 1 million active clients Maybe the largest retail brokerage in the world in terms of the […]
Click here for upcoming IPOs You can now apply for new IPOs (Initial Public Offerings) from within Console. Until now, we asked customers to apply for IPOs using the ASBA (Application Supported by Blocked Amount) from their respective bank’s netbanking portal or by visiting a bank and submitting a physical application with your Zerodha demat […]
I am happy to announce a long-awaited feature, GTC, but even better. Introducing GTT (Good Till Triggered) orders. GTC orders GTC (Good Till Cancelled) orders are orders that are valid until cancelled. They are most commonly used for placing long term stoploss and target orders. Offering this has been a challenge because exchanges in India […]
Scanners, typically, until now have been used to identify stocks using plain filters with limited functionality. Retail traders lacked a single source that allowed the use of custom conditioning while including mathematical functions and operators. A few who were able to provide complex conditions had to compromise on usability. Thus, making it very complicated and […]
