Zerodha Review

Zerodha Coin (Mutual Fund Investment)

Zerodha Coin is a new way to invest in mutual funds. You can do it online, with zero commissions. It also includes various features like direct investment from companies and no-commission investments

• The free platform for fund investments.
• Direct mutual fund credits will be credited to your Zerodha Demat account.
• Single reports like the capital gain statement, P&L visualizations, and so on for all your investments.
• Zero commission charged.
• With the SIP facility, you can increase or decrease the amount of it as per your requirement.
• View and track the account’s net value.

Zerodha Console (Back-Office)

Zerodha’s back office is called Console. It provides a trade and reporting dashboard with loads of features for Zerodha customers such as

• It is easy to place withdrawal requests.
• You can monitor credits and debits in your trading account by looking at your account statement.
• View your portfolio – stocks and mutual fund investments
• Download a contract and margin statement.
• You have access to multiple reports, such as the trade book and P&L.
• Use analytics tools such as Tradebook and P&L Heatmap to access the information.
  

Zerodha Sentinel (Price Alerts Tool)

Sentinel is a cloud-based, machine-independent tool that allows you to set up price alerts on stocks and contracts. You can create an alert triggered when prices reach a certain point or even just when your computer is off.

• Manage alerts for over 80,000 instruments across exchanges.
• With an advanced alert, you can combine multiple triggers.
• Get alerts on the Google Chrome browser, Kite web platform and through email.
• Access the history of all your triggered alerts.
• We offer 30 free trigger alerts based on a single data point.
• Non-clients of Zerodha can avail of this offer too.
• Supports a variety of data points, such as today’s Open, High, Low, Close Volume Percentage Change Open Interest Total Bids Total Asks etc.
• A single data point can only generate 30 trigger alerts.

Partner Products Offered By Zerodha

Zerodha Smallcase

Small cases are portfolios or collections of stocks and ETFs built around a single idea, strategy, or theme. A small case contains 2 to 50 instruments. With your Kite account and Zerodha account, you can follow the portfolio’s performance on their platform with one click.

Zerodha small case features 

• 55+ different small cases to choose from. 
• There are four smallcase types thematic, model-based, sector trackers and beta.
• Investors with all risk types including conservative, moderate, and aggressive can invest in small cases.
• Track and monitor your investments anytime, anywhere.
• There are no lock-in periods with these funds, unlike some mutual funds.

Zerodha Streak Algo Trading

Zerodha’s cloud-based platform for retail traders to create and deploy trading algorithms without coding is an innovative solution that allows you to backtest them on historical data. They include:

• You can write your strategies in English and the platform translates them into coding.
• Develop a strategy utilizing 60+ indicators.
• All of your strategies can be backtested with up to five years on any instrument
• Deploy multiple strategies with a single click.
• Get notified and track live positions.

Zerodha Sensibull (Options Trading Platform)

Sensibull is the best stock trading platform with various brokers and the option to trade in several stocks. This includes companies like Axis Direct, Kotak Securities, Edelweiss, ICICI Direct and Karvy Broking etc. 

With the Sensibull platform, you can create a list of strategies based on your market view. For example, let’s say that you think the SBI share price is going to stay between 280 and 300 this week. But maybe you’re not sure which option strategy to deploy in order to profit? Sensibull will give suggestions with a list of strategies for what type of options are available at different strikes and expiries, their potential return rates as well as the risks involved in each strategy! You can also customise these strategies by tweaking or changing parameters depending on your needs. Other features include: 

• To find the best option strategy, compare them and see which is better.
• Analyze the trades and positions you are in.
• Options strategy builders
• Trade events calendar to keep track of major events that may impact your trade.
• Access to the enhanced option chain
• Ordering is made easy, with no need to talk to anyone.
• Options Analyzer for in-depth analysis of contracts.
• Futures & Options contract screeners
• This trading facility is a simulation.

Zerodha Goldenpi

GoldenPi is an India-based company that provides customers with a way to invest in bonds and debentures from the comfort of their homes. With access to different types of bond investments through partnerships, GoldenPi makes it easy for you as a customer to make all relevant purchases right on the site! The features include:

• Online access to over 3000 Crores worth of Bonds is possible.
• Zero investment commission.
• Get real-time updates on the incoming interest payments.
• You can invest in bonds for as little as ₹ 10,000.
• Round-the-clock assistance from a dedicated team.
• A goal-based investment process
• Demat account opening assistance.

Zerodha Trading Tools

Zerodha offers various trading calculators to its customers. These calculators are useful in quickly calculating brokerage fees and margins, among other things. Zerodha also provides a range of online trading tools including

Brokerage Calculator: This brokerage calculator can help you calculate the profit of a trade by giving you a complete breakdown of fees, taxes and other charges.

Margin Calculator: This tool helps you calculate the various margins needed – namely, the span margin, exposure margin, and total margin – so that you know how much money should be on hand at all times. 

Black Scholes Calculator: The Black-Scholes Calculator is designed for traders of options, and can be used to calculate the premium, as well as various option “greeks” that influence how an option’s price changes.

Pi Expert Advisors: Advisor is an app that allows you to code your technical analysis strategy without coding. It will also backtest the strategy and show its past performance, then take it to live on Pi Expert Advisors. It generates real-time buy/sell signals for the strategy once live.