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Background

Year of Incorporation 1995
Website http://www.zenmoney.com
Phone 040-4423 2323
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL, CDSL
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 4.14 Crores
Profit after Tax FY12/13 Rs 4.03 Crores
Profit after Tax FY13/14 Rs 6.96 Crores
Profit after Tax FY 14/15 NA
Debt FY11/12 NA
Debt FY12/13 Rs 5.32 Crores
Debt FY13/14 Rs 13.9Crores
Debt FY14/15 NA
Profit to Equity(%) FY11/12 11.32
Profit to Equity(%) FY12/13 7.11
Profit to Equity(%) FY13/14 12.07
Profit to Equity(%) FY14/15 NA
Balance Sheet Size FY11/12 Rs 97.7 Crores
Balance Sheet Size FY12/13 Rs96.2 Crores
Balance Sheet Size FY13/14 Rs114.4Crores
Balance Sheet Size FY14/15 NA
Brokerage

Equity 0.05% for Intraday, 0.5% for Delivery - Negotiable
Equity Futures 0.04% of Turnover - Negotiable
Equity Options Rs 70/lot - Negotiable
Currency Futures 0.04% of Turnover - Negotiable
Currency Options Rs 50/lot - Negotiable
Commodity 0.03% of Turnover - Negotiable
Account Opening Costs

Trading only NA
Trading & Demat Rs 500
Commodity NIL
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.004% of Turnover
Futures 0.0035% of Turnover
Options 0.05% of Turnover
Commodities 0.0035% of Turnover
AMC charge Rs 300
DP Transaction Charge Rs 50 or 0.05% whichever is higher
Offline order placing Charge NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 10days
End of Day 5 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times Intraday, 3 times Delivery @interest
Equity Futures Upto 3 times Intraday
Equity Options Buying no Leverage, Shorting upto 3 times Intraday
Currency Futures Upto 2 times Intraday
Currency Options Buying no Leverage, Shorting upto2 times Intraday
Commodity Upto 3 times Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
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