Zerodha (Flat Rs 20 Per Trade)

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.

What is the bracket order of Zerodha?

Bracket Orders (BO) let you place an intraday trade with both a target and a stop-loss. Once the main order executes, both exit orders are placed and managed automatically.

BOs offered higher leverage due to the compulsory stop-loss. However, due to volatility risks causing duplicate executions, Zerodha disabled them on Kite in March 2020 to protect clients and reduce exposure.