When we started Zerodha, we consciously decided to charge an account opening fee for two reasons: 1. There was no Aadhaar or eSign until 2016–17. Account opening was completely offline, which meant there was a cost involved. So we had to charge an account opening fee to cover the cost. 2. We wanted to attract users who were serious because there's an ongoing cost for every user we add. But things have changed over the years with fully digital onboarding, etc., and we had to change our stance. A few months ago, we made account openings free for those under 25 to encourage them to start investing early. But now we are making it free for all resident Indians.
Zerodha
Financial Services
Bangalore, Karnataka 475,330 followers
Welcome to Zerodha, your friendly neighbourhood brokerage.
About us
Zerodha is an Indian financial services company (member of NSE, BSE, MCX) that offers brokerage-free equity investments, retail, institutional broking, currencies, and commodities trading. Founded in 2010, the company is headquartered in Bangalore and has a presence in nine Indian cities. It is also an official member of NSE's consultative committee for growing business.
- Website
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http://www.zerodha.com
External link for Zerodha
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- Bangalore, Karnataka
- Type
- Privately Held
- Founded
- 2010
- Specialties
- Online Trading, Financial Networking & Knowledge Center, Stock Trading, Commodity Trading, Currency Trading, Discount Broking, and Fintech
Locations
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Primary
#153/154 4th Cross Dollars Colony
Opp. Clarence Public School, J.P Nagar 4th Phase
Bangalore, Karnataka 560078, IN
Employees at Zerodha
Updates
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In today’s episode, we look at 6 big stories: Will UPI change how India borrows? Is Amazon going back to basics? What the Bangladesh chaos means for Indian investors Will gold continue to shine? Indexation benefit is no longer mandatory for real estate A new CPI basket
Is the game over for Amazon in India?
Zerodha on LinkedIn
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There’s one thread that runs all the way through our history: we’ve always tried, and failed, to fight poverty — to ensure that everyone has enough. But despite all the horror, there’s good news. India, it appears, has beaten absolute poverty. In this post, we dive into where India has reached and what it means. We look at the latest survey data on Indian poverty, what it can tell us, and what it hides👇
We’re poor, but we ain’t broke
https://zerodha.com/z-connect
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In today’s edition of The Daily Brief, we look at 4 big stories: SEBI chair’s comments How do you go from middle class to rich? I just want data that agrees with my beliefs You will now get bonus faster
Two indicators say the US is entering a recession
Zerodha on LinkedIn
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Zerodha reposted this
Founder & CEO at Zerodha & Rainmatter. Learning at Rainmatter foundation. Views are personal. Nothing here is advice.
All of us from the core team are doing an AMA this month. If you have any questions for us, share them below: Nikhil Kamath on investments Kailash Nadh on technology Venu on operations Karthik Rangappa on education Me on everything, including how we are going to survive all the changes in regulation. 😬
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Zerodha reposted this
We all crave explanations for why markets go up or down. But the reality is that millions of people buy and sell, and all we see is one single price. So, how can you possibly know why they go up or down? Having said that, there are narratives like carry trade blow-up, the US recession, and so on. In this episode, we look at possible narratives causing the market to act like a depressed teenager.
The Daily Brief: Why are the markets falling?
https://www.youtube.com/
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In today’s edition of The Daily Brief, we look at 3 big stories: Why are the markets falling? Will the US federal reserve make an emergency rate cut? Why are tractor sales falling?
Why are the markets falling?
Zerodha on LinkedIn