There are many brokers like Upstox, angle broking, ICICI Direct, HDFC securities, 5paisa, Sher khan, Kotak securities, Motilal Oswal, & many more.
But Zerodha is a very easy platform for beginners. Zerodha is in equity trading, currency trading, commodity trading, mutual funds, & derivative trading.
- Easy & simple account opening process
- It is the leading discount broker in India
- Quick delivery
- Low equity
- Brokerage charges are comparatively low
- Easy to handle
- Easy process to buy IPO (Initial Public Offering)
Documents: An updated mobile number which is linked to Aadhar Card, Bank & Pan Card, Aadhar Card, bank statement with six months updated or canceled the cheque.
How to open a Zerodha account?
Steps to follow:
Go to the Zerodha website.
Click on sign up now
Enter your linked & updated mobile number. You will get OTP & continue.
Add your details like Full name, E-mail
Enter OTP shared via E-mail
Add pan card details.
Date of Birth
Adhar card details
Click on continue.
Select All Option:
- Equity 200rs.(For buy and sell shares, mutual funds, and derivatives on NSE and BSE.)
- F & amp; O
- Commodity 100rs.
Total Fees 300Rs.
UPI or Card / Net Banking / Wallet
Next Step: If you select UPI then enter your no and select UPI i.e.: Phone Pe /Google Pay, Etc.
If you select Card or Net banking the Enter card Number, Expiry, Card Holders Name, CVV
And last Pay …
Then you will automatically go on (DIGI Locker)
Then continue to Digi Locker.
Automatically open Digi Locker Website.
Then, Enter your Aadhaar Number to continue with Digi Locker.
Then Enter OTP received and continue. ( While Entering OTP Do not refresh or Close)
Then You will go to the Next Slide
Allow all instructions
Then You Get a Success Message from Digi locker.
(Wait for some time you will get automatically sign-in on the Zerodha account.)
Fill in information: Marital Status, Parents name (Father, Mother)
Background, Annual Income (Below 1 lakh) , Commodity trade Classification(Other), Trading
Experience(New), Occupation (Student, Other, Teacher, Professor, etc)
Are you a politically exposed person?- Yes/ No
LINK BANK ACCOUNT: (this will be your account for selling and buying purpose)
Branch IFSC Code:123456
Branch MICR Code:1234565 ( sometimes automatically generate)
Bank Account Number:123456789
Confirm Bank Account Number:123456789
Terms and Condition (Read Info Carefully )
Zerodha Ask Video Cam
Zerodha wants to use your camera for verification purposes. ( click on allow)
(If u create an account in Mobile the go-to setting and Select Desktop Mode)
( If your camera is not visible then go to setting, Site setting, Camera, Blocked, Unblocked Zerodha )
Then the camera will turn on automatically.
Take a White paper
Write Code on that paper. E.g- 12460 ( BIG SIZE)(NO OTHER FONT)
Then stand in front of the camera.
Click your picture.
Copy of Cancelled Cheque or 6 months Statements.
Upload the Documents.
(If you have Bank Statement then download the statement into JPJ file or PDF File then upload)
Income Proof ( Optional )( If you want to trade in Future and Option)
Your Account is now opened but you need the last sign i.e. E-sign
Then u will go Authenticate Page,
You will get OTP on your registered E-mail ID. Use that OTP to confirm your identity. Agree and Proceed to e-sign.
After E-sign you will reach on NSDL Website.
Fill in your Aadhar Card No.
Click agree and Send OTP.
You will get OTP on your registered mobile no.
Your KYC is Complete now…
Then Click On Sign Now.
You automatically reach the Zerodha website.
Click on Finish.
You will get Message Congratulations!
Your application is Complete. After verification, you will receive your Login credentials at your registered E-Mail address within 24 hours.