Since its, inception in the year 2010, Zerodha has caught the Indian stock-broking market by storm. Such is its grandeur that many sight Zerodha as the best discount broker the country has ever seen. Zerodha’s founder Nithin Kamath has worked as a stock trader and very well aware of the demands and improvements possible in Demat account services. Zerodha is a front-runner in introducing technological advancements in the conventional trading model of India.
Zerodha is a portmanteau of English and Sanskrit words, Zero and Rodha that translates to the barrier. This very well illustrates their vision to break the pre-established barriers that hinder the growth of investors, traders, and other aspiring money-makers.
Zerodha is striving hard to provide updated and useful hi-tech widgets, knowledge, and allied platforms at competitive-affordable prices. It is their handy Demat account that has escalated their reputation to cloud nine and has become the client’s favorite within a decade. The company’s models are laid on the foundations of disruptive service pricing and their very own in-house designed technologically sound trading software solutions centric to Indian stock trader’s needs.
Zerodha is ideally the largest stockbroker in India in terms of active clients and on grounds of total market contribution in concern with trading volume, contributing 10% of the total Indian retail trade volume. The discount brokerage firm has earned numerous revered accolades including the “Retail brokerage of the year 2018” by the NSE, previously having won the “Retail Broker of the year 2017” by Outlook Money and winning the Ernst & Young’s, “Young Entrepreneur of the Year (Start-up) 2017.”
The firm’s associate program lets the investors earn rewards through customer referrals which also heavily contributed to their popularity in India.
Why traders
prefer Zerodha trading account?
For trading across government registered portfolios and exchanges, constitutionally requires traders to have at least a demat or trading account. Besides, registering yourself with a reputed brokerage house comes with its own associated benefits. Below is a list of benefits that traders get after opening a Demat account with Zerodha-
- Zerodha has immense popularity among new-age traders who prioritize modern-day technology and methods over the conventional ones.
- Besides the latest technological measures, the brokerage house boasts of being the largest brokerage house in terms of active clients as well as their volume stake in the overall transaction amount.
- The discount brokerage firm also has numerous accolades, awards, and top spots in rankings. These appreciations from various private and government agencies increase the level of trust among customers.
- The discount broker offers affordable brokerage plans to traders, working tirelessly to improve customers' trading experience.
Conclusion
Zerodha always tries to keep its widgets and products relevant to the technology and the future, embodying future vision. Zerodha has scaled unimaginable heights of success and is day-by-day evolving to better themselves and serve the traders properly. Zerodha is a brilliant brokerage house, being the best platform for rookies as well as expert traders.