Zeroshulk Review :
| Why Open Account with ZeroShulk? | |
| 1 | Account Opening Charges are Zero |
| 2 | Annual Maintenance Charges (AMC) for first is year is Zero |
| 3 | Account can be opened within 15 minutes with EKYC Aadhaar |
 |
|
| Disadvantages of ZeroShulk | |
| 1 | New entrant discount broking, trust factor not built yet |
| 2 | Rs 15 / order is reasonable, but few other brokers offer even lower charges like Rs 9/order |
| 3 | Leverage offered is less compared to others |
In this review of Zeroshulk discount broker, I will talk about their background, brokerage charges, trading platforms and any other charges associated with the account.
About Zeroshulk :
Zeroshulk is part of Vikson Securities and headquarter at Chandigarh , Punjab
They have started as V. Kumar & co long back and renamed as Zeroshulk finance and investment private limited in year 1996.
They entered to discount brokerage industry recently and has over more than 9000 customers.
They also offer services in commodities segments and are member of MCX stock exchange.
All in all, they offer service under below segments;
- Equity
- Commodity
- Currency
- Insurance
- Bonds
- Fixed Deposits
Zeroshulk Brokerage Charges:
Earlier they had monthly and yearly unlimited plans but abolished them. Now they follow flat Rs 15 /order executed order scheme similar to Zerodha Brokerage charges (Rs 20/executed order)
| Segment | Brokerage Charges |
| Equity Delivery | Rs 15 / order |
| Equity Intraday | Rs 15 / order |
| Equity Futures | Rs 15 / order |
| Equity Options | Rs 15 / order |
| Currency Futures | Rs 15 / order |
| Currency Options | Rs 15 / order |
| Commodity | Rs 15 / order |
Account Opening Charges:
- Trading Account opening charges: Zero
- Demat Account opening charges: Zero
- Trading Account Annual Maintenance charges: Zero
- Demat Account Annual Maintenance charges: Nil for First year and Rs 300 second year onwards
Zeroshulk Trading Platforms :
The discount broker provide trading platforms for all the versions like Web, Desktop and Mobile device.
Desktop Terminal Software:
It is a intallable application and for quick traders.
Some of the main features of the software are;
- Stability- No lag in data observation, the data processing is done at high speed and even when volumes are high
- Storage – Personalized reports and files can be stored safely on Zeroshulk
- User Friendly Interface – Highly customize -able interface to suit client preference. Interface can be used on several monitors
- Multiple shortcuts to place , modify orders
Zeroshulk Web Application:
It is a browser based application which can be accessed from anywhere using URL.
Some of the features of the application ares;
- Sleek and not resource heavy and simple to use
- Can be used with most of the major browsers
- Multiple technical analysis studies and indicators available
Zeroshulk Mobile App:
Use this app to trade on move. Good for the trader who travel frequently.
Some of the salient features are;
- Enhanced security
- Low bandwidth consumption
- Better user interface
Apart from above platforms, customers also have choice to fall back on NSE NOW or NEST platform.
Zeroshulk Contact Details:
Registered Office:
SCO-56-57, 4th Floor, Sector 17D,
Jan Marg,
Chandhigarh – 160017
Zeroshulk Pros and Cons:
Disadvantages of Zeroshulk:
- New entrant discount broking, trust factor not built yet
- Rs 15 / order is reasonable, but few other brokers offer even lower charges like Rs 9/order
- Leverage offered is less compared to others
Advantages of Zeroshulk:
- Account Opening Charges are Zero
- Annual Maintenance Charges (AMC) for first is year is Zero
- Account can be opened within 15 minutes with EKYC Aadhaar
Zeroshulk Review – Conclusion:
Zeroshulk is yet another discount broker and there is not a grate differentiating factor compared to already established brokers.
Their brokerage charges are competitive and so are the trading platforms. Clients of north India can consider them as they are based out of Punjab.
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