How to trade in commodities in zerodha
Zerodha is the pioneer of the discount broking concept in India and is the largest discount broker in terms of active clients. Zerodha has very a simple pricing structure. They offer free equity delivery trades and charge a maximum for Rs. Their brokerage calculator makes it quite easy to calculate charges; again a concept introduced in the country by Zerodha. The Zerodha pricing suits everyone; be it a beginner, or a hardcore trader.
Free equity trading will how to trade in commodities in zerodha a good draw for beginners. They provide margins up to 2X for intraday futures and shorting options and 1X for buying using MIS, bracket and cover orders in intraday. They provide margins of up to 2X for all commodities. Zerodha provides margins only for intraday across all segments; none for equity delivery and overnight positions similar to other discount brokers.
Zerodha also provides a margin calculator to make it easy for traders to calculate their margin requirements. Zerodha is best known for its intuitive platforms.
Kite is a minimal online trading platform which is easy to use and easy on the eye. It is a pleasure to use it since it is polished and has no clutter whatsoever. You can create multiple watchlists, analyze and how to trade in commodities in zerodha charts, share them and more.
It offers bracket and cover orders which have become common these days but the limit cover order which is available on Pi, the desktop tool, is not available on Kite and the Kite mobile app yet. Zerodha offers Kite on mobile and it pretty much resembles the web version. The user experience is a pleasure, no complaints on that front.
Charting is as good as it can be on a mobile device but one feature that regular traders would immediately how to trade in commodities in zerodha is the absence of charting tools on the app. Lack of push notifications is also a downside because some people tend to get confused with the order status.
Zerodha offers a desktop tool called Zerodha Pi. Essentially built on top of tried and tested Nest. Pi has an impressive array of features.
You can code your own strategies in Tradescript and save them in the platform to generate buy and sell signals.
Pi also has a backtesting module to test your strategies. Pi also has this handy feature that allows you scan for trading opportunities. With such unique feature Pi is definitely one of the best desktop platforms in India. The biggest drawback we see in Pi is the lack of stability. Users seem to experience niggling issues with the application. This aside Pi is one of the best platforms if you are a hardcore technical trader.
Quant is one of the best platform Zerodha has ever created. It is your personal trading analytics tool which essentially plots all your trades and so that you can learn by analyzing your how to trade in commodities in zerodha and bad trades. You can now invest in the mutual funds without paying any commissions.
The expense ratios in regular funds will be higher because of the commissions paid t0 the distributors by the AMCs. In the long run, this translates to higher returns with direct funds. You can also have a flexible SIPs wherein you can play pause your periodic investments whenever you want without any hassle. Overall Zerodha is undoubtedly one of the best brokers in India. They seem to have hit a sweet spot in terms the cost and the benefits they offer.
How to trade in commodities in zerodha said there are a few thing missing. Zerodha being the original pioneer of the discount broking model in India is definitely the real deal. They have hit a sweet spot in terms the cost and the benefits they offer.
No other broker is even comparably close when it comes to innovating. Their learning initiatives such as Varsity, TradingQnA, and Educate are the only comprehensive initiatives towards investor education in India.
Zerodha vs Samco and Upstox. Pricing Zerodha has very a simple pricing structure. Zerodha is best suited for: Platforms Zerodha is best known for its intuitive platforms. Kite Kite is a minimal online trading platform which is easy to use how to trade in commodities in zerodha easy on the eye. Mobile App Zerodha offers Kite on mobile and it pretty much resembles the web version. Desktop Zerodha offers a desktop tool called Zerodha Pi.
Pi marketwatch Pi charting Pi Highlights Expert advisors: Where Zerodha falls short Overall Zerodha is undoubtedly one of the best brokers in India. It is not possible to apply for an IPO directly.
Zerodha Q their current back office is a pain to use, it keeps crashing constantly. The good thing is that their CEO has committed to replacing the old system in a couple of months.
Margin funding is a sorely missed product at present. The final word Zerodha being the original pioneer of the discount broking model in India is definitely the real deal.