It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base.
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
Charge | Yes Securities | Zerodha |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 (Free) |
Trading Acc Opening Charges | ₹999 | ₹200 (Equity) + Rs.100 (Commodity) |
Trading Account AMC | ₹0 | ₹0 (Free) |
Demat Account AMC | ₹500 | ₹300 per year |
Charge | Yes Securities | Zerodha |
---|---|---|
Plan Name | Invest Value Plan | Flat Brokerage Plan |
Equity Delivery | 0.45% | ₹0 (Free) |
Equity Intraday | 0.05% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Equity Futures | 0.05%, Intraday - 0.02% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Equity Options | ₹75 per lot, Intraday - ₹25 per lot | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
Currency Futures | 0.05%, Intraday - 0.02% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Currency Options | ₹75 per lot, Intraday - ₹25 per lot | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Commodity Options | N/A | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Segment | Yes Securities | Zerodha |
---|---|---|
Equity Delivery | N/A | 1x (no margin) |
Equity Intraday | N/A | Up to 20x (based on the stock) |
Equity Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Equity Options | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Options | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Commodity Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Commodity Options | N/A | N/A |