Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed o... 
About Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO.
YSL offers a 3-in-1 account wherein a bank savings account, a demat account and an investment account is opened at once and linked to each other. This h...
Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.
| Zerodha | Yes Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE, MCX and NCDEX | BSE, NSE |
| Year of Incorporation | 2010 | 2013 |
| Number of Branches | 22 | 52 |
| Open Zerodha Account |
Zerodha trading account opening charges is Rs 0 while Yes Securities account opening changes is Rs 999. Zerodha Demat Account AMC Charges is Rs 300 and Yes Securities Demat Account AMC Charges is Rs 500.
| Zerodha | Yes Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 999 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 300 | Rs 500 |
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).
| Account Type | Zerodha Flat Brokerage Plan | Yes Securities INVEST Value Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 0 (Free) | 0.45% |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | 0.05%(both Sides) |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | 0.05% | Intraday - 0.02% |
| Equity Options | Rs 20 per executed order | Rs 75 per lot | Intraday - Rs 25 per lot |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | 0.05% | Intraday - 0.02% |
| Currency Options | Rs 20 per executed order | Rs 75 per lot | Intraday - Rs 25 per lot |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | NA |
| Commodity Options | Rs 20 per executed order | NA |
| Special Offer | Special Offer: Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Zerodha | Yes Securities | |
|---|---|---|
| Account Type | Flat Brokerage Plan | INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover) |
| Fixed Charges | ||
| Equity Delivery | Rs 0 (Free) | 0.40% |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | 0.04% |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | 0.04% | Intraday - 0.02% |
| Equity Options | Rs 20 per executed order | Rs 70 per lot | Intraday - Rs 25 per lot |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | 0.04% | Intraday - 0.02% |
| Currency Options | Rs 20 per executed order | Rs 70 per lot | Intraday - Rs 25 per lot |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | NA |
| Commodity Options | Rs 20 per executed order | NA |
| Open Zerodha Account |
| Minimum Brokerage | 0.03% in Intraday and F&O | Rs 25 or 2.5% of Trade Value whichever is lower |
| Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | |
| Call & Trade Charges | Rs 50 per executed order | Additional Rs 25 per executed order |
| Open Zerodha Account |
Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Yes Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Zerodha | Yes Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Zerodha Account |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.
| Zerodha | Yes Securities | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Kite Web, Kite Mobile for Android/iOS and Coin | YesInvest (Website), Yes Trader (Mobile App) |
| Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Direct Mutual Funds, APIs for Algo Trading | |
| Open Zerodha Account |
Zerodha is rated of 5 based on 491 customer reviews whereas Yes Securities is rated of 5 based on 5 customer reviews.
| Zerodha | Yes Securities | |
|---|---|---|
491 Customer Reviews  | 5 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | Zerodha is Rated 3.6 / 5 based on 491 customer reviews | Yes Securities is Rated 2.2 / 5 based on 5 customer reviews |
| Zerodha | Yes Securities | |
|---|---|---|
| Contact Broker | Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Zerodha | Yes Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Zerodha | Yes Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Zerodha Account |
| Zerodha | Yes Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Zerodha | Yes Securities | |
|---|---|---|
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| Promo / Offers | Zerodha Special OfferFree Stock Trading and Mutual Funds
Limited-time offer! | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Zerodha Account |
Open Zerodha Account