When users open his/her trading account with Zerodha, user gets a Client Id and two passwords (one each for login and transaction). After the application starts, a login window will show up asking for Client Id and Password. One has to just double-click on the icon to start the application. Steps to Implement Two Factor Authentications: (Question and Answer) Step 1: After installing Pi on system, an icon named Pi will be placed on the desktop. Two Factor Authentication process is implemented through 2FA Question and Answer. Two Factor Authentication login process is used to verify the authentication of the valid user while logging in. Pi is initiated by first logging in to it. Few key features that can be useful to any user are given in this document. Pi allows the end user to trade through a single account id. The document is classified into the various menus available in Pi. These features are explained comprehensively in consecutive sections. Trade from charts with Normal Order, Bracket Order and Cover Order.Ĩ0+ Technical Indicators for Technical Analysis.ġ0 types of charts such as Candle, Bar, Heikin-Ashi, etc. View overall P&L in carry-forward positions synchronized with back-office Zerodha-Q. View Order History, Trades and Positions report. Various types of orders - Normal Buy/Sell, Cover Order, Bracket Order, AMO. Support for multiple exchanges (NSE, BSE, and MCX) and segments (Equity, F&O, Currency, Commodity). Real-time market data of individual contracts and market indices. So now let us have a look at the key Strengths of ZERODHA.Pi is the front-end application that allows a trader to perform several trading functions that include: Before one chooses a stock broker one must know its strengths. This characteristic makes it easy to use and accessible to trade through Zerodha anywhere at any time. It encourages the customers to be a part of this stock broker. This means that the existing customers get some benefits on referring them to Zerodha. Along with its excellent customer support, it also offers Zerodha referral benefits to its customers. Zerodha Brokerage rates are minimal so that the small level traders can also trade through this stock broker. One more reason for Zerodha standing out is its availability on both web and mobile platform.
20 for any type of order of any size, amount or segment. The maximum brokerage the customer is going to pay for any transaction is just Rs. 20 or 0.03% (whichever is low) per trade. For services like Intraday and F&O, it charges Rs. Zerodha’s only motive is to break the barriers that traders and investors usually face in terms of Brokerage, customer support, technology and Trading platforms. It does not do proprietary trading with client funds. Zerodha never keeps the client securities in the pooled account. It does not focus on offering margin funding.
Zerodha is the safest stock broker because its ratio of complaints to active clients is among the least on the exchange. Zerodha 3-in-1 account facilitates its customers with easy and quick fund transfer facility. The Zerodha pricing structure and in-house technology successfully stands out and this makes Zerodha a coherent and unique stock broker in India. Zerodha charges Rs.0 brokerage for equity delivery trades and direct mutual funds.
It is a most popular broker offering you online flat free discount brokerage services to invest in equity, currency, commodity, IPO and direct mutual funds. Zerodha is a combination of two words “Zero” and “Rodha” (Sanskrit word for barrier).
Zerodha replaces biggies as biggest stockbroker of India. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Bangalore. Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. Zerodha Review | Demat Account Opening, Brokerage Charges, Margin