In this page, I am providing side by side comparison of Karvy Online Vs Zerodha.
Karvy Online is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.
Whereas Zerodha comes in Discount Broker category. Hence they offer limited services but charges flat brokerage charges.
There are lot of differences between these two brokers.
I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.
However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.
Here is the comparison of Karvy Online Vs Zerodha :
Parameters | Karvy Online | Zerodha |
 |  |
|
| Review | ||
| Type of Broker |
Full Service Broker |
Discount Broker |
| Incorporation Year | 1985 | 2010 |
| Supported Exchanges | NSE, BSE, MCX-SX , MCX and NCD-EX | NSE, BSE, MCX and NCEDEX |
Account Related Charges |
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| Trading Account Opening Fees | Rs 0 | Rs 300 |
| Trading Account AMC | Rs 0 | Rs 0 |
| Demat Account Opening Fees | Rs 420 | Rs 100 |
| Demat Account AMC | Rs 500 (Free for First year) | Rs 300 |
Brokerage Charges |
||
| Equity Delivery Brokerage | 0.3% | Rs 0 |
| Equity Intraday Brokerage | 0.03% | Rs 20 per executed order |
| Equity Futures Brokerage | 0.03% | Rs 20 per executed order |
| Equity Options Brokerage | Rs 30/lot | Rs 20 per executed order |
| Currency Futures Trading Brokerage | 0.03% | Rs 20 per executed order |
| Currency Options Trading Brokerage | Rs 30/lot | Rs 20 per executed order |
| Commodity Trading Brokerage | 0.03% | Rs 20 per executed order |
| Minimum Brokerage Charges | 10p per scrip for delivery and 5p per scrip for intraday | NIL |
| Monthly Unlimited Plans |  | |
| Brokerage Calculator | Karvy Online Calculator | Zerodha Brokerage Calculator |
Transaction Charges |
||
| Equity Delivery | 0.00325% | 0.00325% |
| Equity Intraday | 0.00325% | 0.00325% |
| Equity Futures | 0.00230% | 0.00210% |
| Equity Options | 0.055% (On Premium) | 0.053% (On Premium) |
| Currency Futures | 0.00230% | 0.00135% |
| Currency Options | 0.040% (On Premium) | 0.044% (On Premium) |
| Commodity | 0.003% | Non Agri 0.0036%, Agri 0.00275%, |
Exposure |
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| Equity | Upto 15 times Intraday and 5 times for Delivery | Upto 20 times Intraday |
| Equity Futures | 3 times for Intraday | upto 2.5 times |
| Equity Options | No leverage | upto 2.5 times |
| Currency Futures | Upto 3 times intraday | upto 2.5 times |
| Currency Options | No leverage | upto 2.5 times |
| Commodities | Upto 2 times intraday | upto 2.5 times |
Features |
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| 3 in 1 Account | | |
| Mobile Trading |  | |
| Charting | | |
| Automated Trading | | |
| After Trading Hour Orders | | |
| SMS Alerts | | |
| Margin Funding | | |
| Trading Platform | NEST, Karvy Web & Karvy Mobile | Zerodha Kite |
Investment Services |
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| Stock / Equity | | |
| Commodity | | |
| Currency | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
Customer Service Channels |
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| 24/7 Customer Service | | |
| Email Support | | |
| Onine Live Chat | | |
| Phone Support | | |
| Toll Free Number | | |
| Support Through Branches | | |
| Relationship Managers | | |
Research Reports/Tips/Recommendations |
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| Daily Market Report | | |
| Tips/Recommendations | | |
| Quarterly Result Analysis | | |
| News Alerts | | |
| Robo Advisory | | |
Promotional Offers |
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Visit comparison of stock brokers in India page to compare two brokers side by side.