Comparison –  KARVY Vs Zerodha

KARVY Zerodha
Year of Incorporation 1985 2010
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL, CDSL CDSL
Brokerages
Equity 0.03% Intraday, 0.3% Delivery
0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures 0.03% of Turnover Rs 20/executed order or 0.01% whichever is lower
Equity Options Rs 50/lot Rs 20/executed order or 0.01% whichever is lower
Currency Futures 0.03% of Turnover Rs 20/executed order or 0.01% whichever is lower
Currency Options Rs 50/lot Rs 20/executed order or 0.01% whichever is lower
Commodity 0.03% of Turnover Rs 20/executed order or 0.01% whichever is lower
Account opening charges
Trading and Demat Rs 420 Rs 300 if couriered & Rs 200 if you print the form
Only Trading NA Rs 200 if couriered & Rs 100 if you print the form
Commodity Rs 200 Rs 300 if couriered & Rs 200 if you print the form
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 days Intraday on ODIN 365 days on Zerodha Pi
Margins & Leverage Provided
Equity Intraday upto 20 times, 0 for Delivery Upto 20 times intraday, 0 for Delivery
Equity Futures Upto 4 times for Intraday Upto 7 times intraday leverage
Equity Options No Leverage for buying, upto 4 times for Shorting Intraday
Buying no leverage, Shorting upto 7 times leverage intrdaday
Currency Futures No Leverage 2 times intraday leverage
Currency Options No Leverage
Buying no leverage, Shorting upto 2 times intraday leverage
Commodity Upto 4 times for Intraday 2.5 times intraday leverage
Serviceable
3 in 1 Account NO NO
Instant Fund withdrawal NO No
Instant Fund Transfer YES YES
Relationship Managers YES No