Zerodha vs Mangal Keshav

Zerodha vs Mangal Keshav - side-by-side comparison . Compare Zerodha vs Mangal Keshav brokerage, charges, exposure margin, demat account. Read Zerodha vs Mangal Keshav review.

Detailed comparison Zerodha vs Mangal Keshav and find out which is better in Zerodha vs Mangal Keshav .

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Zerodha

Mangal Keshav

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Trading Account Opening Fee ₹200 NULL
Demat Account Opening Fee ₹0 NULL
Demat Account AMC * ₹300 NULL
Trading Account AMC ₹0 NULL

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Equity Delivery ₹0 0.30%
Equity Intraday ₹20 or .01% whichever is lower 0.03%
Equity Future ₹20 or .01% whichever is lower 0.03%
Equity Options ₹20 or .01% whichever is lower ₹100 per lot
Currency Futures ₹20 or .01% whichever is lower 0.03%
Currency Options ₹20 or .01% whichever is lower 0.03%
Monthly Fee NA NULL
Commodity ₹20 or .01% whichever is lower -

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Zerodha Mangal Keshav Securities LTD.
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Equity Delivery NSE ₹325 | BSE ₹300 ₹325 Per Cr
Equity Intraday NSE ₹325 | BSE ₹300 ₹325 Per Cr
Equity Future * NSE ₹190 ₹190 Per Cr
Equity Options * NSE ₹5000 ₹5000 Per Cr
Currency Futures * NSE ₹90 | BSE ₹22 ₹110 Per Cr
Currency Options NSE ₹70 | BSE ₹100 ₹4000 Per Cr

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Minimum Brokerage NIL Null
Call & Trade ₹20 per executed order Null
Stamp Duty * State-wise Charges as per the state of residence
DP Charges (on sell side) ₹13.5 per scrip Null
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Trading Platform Pi, Kite, NEST ODIN Diet
Placing orders through charts Yes -
Trading Alerts Yes -
Research and Advice / Trading Tips No Yes
Detailed Education Initiatives Yes No
Unique features & Offers Direct MFs, APIs -
Referral Program One month free offer to any one of their paid services -

Demat Account Charges

Find charges for the best Demat Account for small investors

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Depository Service Provider CDSL CDSL & NSDL
Account Opening Fee

₹50 (POA Charges)

NIL
Advance Deposit

Nil

Deposit Scheme? ₹1000/- where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
AMC

₹300 - Individual, ₹1000 - Non Individual

Scheme

A: ₹750/- Individual Scheme

B: ₹199/- Individual Scheme

C: ₹500/- NRI Scheme

D:₹199/- Plus CDSL Charges for Corporate

Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

₹ 150/- Inclusive of Courier Charges + ₹ 100/- Per Certificate
Rematerialisation Charges

₹150 per certificate + CDSL charges + ₹100 Courier charges

Upfront ₹ 150/- plus CDSL Charges Inclusive of Courier Charges + ₹ 100/- Per Certificate
Transaction Charges (Credit) - -
Transaction Charges (debit)

On market: ₹8+5.5 (CDSL charges)

Off market: 0.03% of ₹25 whichever is higher

0.05% On the Value of the Debit Transactions with Minimum ₹100/-
Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

Charge Charged By the Depository + 0.02% On the Value of the Application
Pledge Creation Confirmation Charges

Nil

NIL
Pledge Invocation Charges

₹20

Charge Charged By the Depository + 0.02% On the Value of the Application
Failed Instruction Charges

₹50 per instruction

NIL
Other Charges

Cheque Bounce- ₹350

Physical Statement - ₹50 (Courier charges)

Modification in CML - ₹25 per request

KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

NIL

Basic Details

Basic Details of Brokers

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Year of Incorporation 2010 1939
Active Exchange Memberships NSE, BSE, MCX NSE, BSE, MCX, NCDEX
Demat Services CDSL - Zerodha Securities Pvt Ltd CDSL & NSDL
Website http://www.zerodha.com www.mangalkeshav.com/
Contact Details 080-40402020 +91 22 6190 8000
Total Number of Clients 8,00,000+ -
Total Number of Branches 22 325+ locations

Charts and Data

Charts and Data

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Live data source Yes BSE, NSE
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes -
No.of indicators 111 -
No.of charts can be opened 13 -
Live Scanners Yes -
Customizable screeners Yes -
Trading from charts Yes -
Compare Symbol performance on Chart No -
Options charts Yes -
Continuous futures charts Yes -
Intraday historical data for charts 365 days on Pi -
End of Day historical data for charts 10 years on Pi -
Corporate action adjusted charts No -
Back Testing No Yes
Options Chain Yes -
Heat Maps Yes -
Analytics Yes -
Price Ladder No -

Leverage

Leverage

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Cover Orders (CO) Yes -
Bracket orders / One Cancels Other (BO / OCO) Yes -
After Market Orders (AMO) Yes -

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Zerodha Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Availability for franchisee / AP Yes -
Investment required for Franchisee / AP Rs.11,000 -

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Zerodha Mangal Keshav Securities LTD.
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