An important step in investing in the stock market is deciding which stockbroker to use. It has the ability to significantly impact your investment returns, trading experience, and overall satisfaction. So, in today’s article, we will talk about a comprehensive review of Zebu Wealth, which is one of the leading stockbrokers in India. To help you make an informed decision, we will assess numerous factors such as brokerage fees, customer support, trading platform, and much more.
Overview
Zebu Wealth is a Private company headquartered in Erode,TN which is founded in 2013 by Vellaiyan Vijayakumar. Zebu-Wealth is a Full Service Broker that strives to provide cost-effective buy/sell orders, helping investors to save money when in comparison with Discount Broker. However, it is vital to note that Zebu Wealth work as a Discount Broker because it offers thorough investment advice and complete stock analysis to its clients. Zebu Wealth is an NSE and BSE-listed company with over Nil branches in India.
Overview
Zebu Wealth
Broker Type
Full Service Broker
Type of company
Private
Headquarter
Erode,TN
Founders
Vellaiyan Vijayakumar
Foundation Year
2013
Supported Exchanges
NA
Total branches
Nil
Zebu Wealth Account opening charges
You need to open a demat account and a trading account, to start trading with Zebu Wealth. So, to open a trading account with Zebu Wealth, you need to pay a fee of Rs.300. However, the trading annual maintenance charges of Zebu Wealth are free. And Demat annual maintenance charges are Free. There are also no fees for margin money or transfers from an offline to an online account. And Zebu Wealth is registered with CDSL i.e., Central Depository Services Limited as a Depository Participant (DP).
Account Opening and Demat Charges
Zebu Wealth
Trading Account Opening Charges
Rs.300
Demat AMC (Annual Maintenance Charges)
Free
Trading AMC (Annual Maintenance Charges)
Rs.450 per annum
Margin Money
Minimum Rs.10,000
Offline to Online Charges
Yes
Depository
CDSL & NSDL
Zebu Wealth Brokerage Charges
Brokerage fees are an important factor to consider when choosing a stockbroker. Here are Zebu Wealth brokerage charges for various segments:
Equity delivery: There are no fees for equities delivery trades with Zebu Wealth This implies you can invest in equities without paying any brokerage charges.
Equity intraday: Zebu Wealth charges a brokerage fee of 0.02% per order.
Equity futures: The brokerage cost for equity futures is 0.02% as well.
Equity options: Zebu Wealth charges a brokerage fee of Rs.22 per lot for trading equity options.
Currency: Unleash your trading potential with Zebu Wealth’s dynamic 0.02% charges.
Commodity: For commodity options trading, Zebu Wealth charges a brokerage fee of 0.02%.
Equity Brokerage Charges
Equity Brokerage Charges
Zebu Wealth
Equity Delivery Brokerage
0.22%
Equity Intraday Brokerage
0.02%
Equity Futures Brokerage
0.02%
Equity Options Brokerage
Rs.22 per lot
Currency Brokerage Charges
Currency Brokerage Charges
Zebu Wealth
Currency Futures Brokerage
0.02%
Currency Options Brokerage
Rs.22 per Lot
Commodity Brokerage Charges
Commodity Brokerage Charges
Zebu Wealth
Commodity Options Brokerage
0.02%
Zebu Wealth Other Charges
Minimum brokerage charges: At Zebu Wealth, we’ve revolutionized our fee structure by introducing a unique minimum brokerage charge based on a Percentage of Transaction.
Transaction brokerage charges: A transaction brokerage fee of 0.00275% is to be paid by a customer.
SEBI turnover charges: The Securities and Exchange Board of India (SEBI) levies a 0.0002% of Total Turnover charge.
Stamp duty charges: The total amount of stamp duty charged is determined by the state and the type of asset.
GST charges: GST is charged at 18% of (Brokerage + Transaction Charges).
STT (Securities transaction tax): STT is levied at a rate of 0.0126% of Total Turnover by Zebu Wealth.
Call and trade charges: If you use call and trade service, the charges of Zebu Wealth are NA.
Other Brokerage Charges
Zebu Wealth
Minimum Brokerage Charges
Percentage of Transaction
Transaction Brokerage Charges
0.00275%
SEBI Turnover Charges
0.0002% of Total Turnover
Stamp Duty Charges
As per the state
GST Charges
18% of (Brokerage + Transaction Charges)
STT Charges
0.0126% of Total Turnover
Call and Trade Charges
NA
Zebu Wealth Equity Leverage
Leverage allows traders to enhance their market exposure while using a smaller quantity of capital. Zebu Wealth offers Upto 3x times leverage on equity delivery, Upto 6x times leverage on equity intraday, Upto 3x times leverage on equity futures, and Upto 4x times leverage on equity options.
Here is the leverage provided by Zebu Wealth:
Equity Leverage
Zebu Wealth
Equity Delivery
Upto 3x
Equity Intraday
Upto 6x
Equity Futures
Upto 3x
Equity Options
Upto 4x
Zebu Wealth Currency Leverage
Zebu Wealth also offers currency trading leverage. Leverage is available for Currency Futures up to Upto 2x times and Currency Options Upto 1x times.
Currency Leverage
Zebu Wealth
Currency Futures
Upto 2x
Currency Options
Upto 1x
Zebu Wealth Commodity Leverage
Zebu Wealth offers Upto 3x leverage for commodity trading.
Equity Leverage
Zebu Wealth
Commodity
Upto 3x
Zebu Wealth Offers
Many stockbrokers are enticing customers with appealing deals in order to boost their client base. Here are some of the fantastic deals that Zebu Wealth gives to its consumers. They give you a free stock trading account, a free demat account, and various brokerage discounts.
Offers
Zebu Wealth
Free Stock Trading Account
No
Free Demat Account
Yes
Flexible Plans
Yes
Brokerage Discounts
Yes
Happy Hours
No
1 Month Free Plan
No
Holiday Offers
Yes
Referral Program
Yes
Zero Brokerage on Loss Trades
No
Zebu Wealth Features
Discount Broker:Zebu Wealth, a reputable online stock broker in India, offers regular investors low-cost brokerage services. It imposes a brokerage fee of Percentage of Transaction executed, regardless of trade category, size, or exchange. They also offer Upto 12x trading leverage.
Range of Investment Products: Zebu Wealth is a one-stop shop for all of your financial investment requirements. It allows you to trade stocks, commodities, and currencies on the BSE, NSE, and MCX. It also provides investment opportunities in mutual funds, SIPs, gold, peer-to-peer lending, initial public offerings (IPOs), and currency trading.
Subscription Plans: Zebu Wealth paves the way for a personalized trading experience with its exclusive selection of subscription plans: the Basic Pack, Power Investor Pack, and Ultra Trader Pack. These services include a variety of features and perks, such as lower brokerage fees, research advisory, free trades, and specialised customer support.
Research and Advisory Services: Zebu Wealth differentiates out by offering comprehensive research and advising services. It provides solutions for both short-term and long-term investment ideas, as well as derivative methods and portfolio-based investment ideas. The platform also includes a portfolio analyzer tool for evaluating the overall performance of all your investments.
Margin Funding: Zebu Wealth provides margin funding services. These can be used to make partial payments on cash segment transactions. Zebu Wealth lends the remaining balance at a low interest rate.
Mobile Trading App and Trading Platforms: Zebu Wealth provides an easy-to-use mobile trading app, as well as a web-based trading platform and an installable trading terminal. These platforms provide flawless trading experiences and are built with cutting-edge technology. The mobile app gives users access to trading, robo-advisory, and a variety of investment choices.
Demat Account Services: Zebu Wealth offers demat account services through its membership with CDSL. It has been designated as a top depository participant by the CDSL.
Low Charges: Zebu Wealth is recognised in the brokerage sector for having the lowest fees. Unleash your trading potential with Zebu Wealth’s 0.02% brokerage fee and exclusive value-add packs for enhanced benefits. 5Paisa also provides free account opening and no-brokerage mutual funds.
Algo Trading and Robo Advisory: Zebu Wealth provides robo-advisory and algo trading services to its clients. These services enable in the automation of trading strategies and provide tailored investment advice based on risk profiles and expected returns.
Customer Support: Zebu Wealth offers personally tailored customer service to its consumers. The power investor and ultra trader packs both feature free customer assistance.
Features
Zebu Wealth
Equity Delivery Trading
Yes
Equity Intraday Trading
Yes
Equity Futures Trading
Yes
Equity Options Trading
Yes
Currency Trading
Yes
Commodity Trading
Yes
IPO (Initial public offering)
Yes
Stocks Suggestions
No
Robo Advisory
No
PMS (Portfolio Management Services)
No
Trading Institution
No
Trading Exposure
Upto 12x
Mutual Funds
Yes
SIP (Systematic Investment Plan)
Yes
Forex Trading
No
Banking
No
Insurance
Yes
Zebu Wealth Advisory Services
The primary distinction between a full-service broker and a discount broker is the range of services given and the prices charged.Zebu Wealth offers research papers with the top recommendations, which are developed by industry specialists. On their website, Zebu Wealth also offers annual reports, as well as daily market reviews and weekly reports.
Services
Zebu Wealth
Fundamental Reports
No
Research Reports
Yes
Company Reports
Yes
Annual Reports
Yes
Company Stock Review
Yes
Free Stock Tips
Yes
IPO Reports
Yes
Top Picks
Yes
Daily Market Review
Yes
Monthly Reports
Yes
Weekly reports
Yes
Offline Advisory
Yes
Relationship Manager
Yes
Zebu Wealth Trading Platforms
To fulfil the various needs of its consumers, the Zebu Wealth trading software comprises a number of trading platforms. It was built on the IIFL trading platform, and clients have trusted it for more than two decades now. A web browser-based platform, mobile app and an installable desktop trading application are the three types of trading platforms.
Desktop Trading Platforms
Zebu Wealth
Windows
Yes
Mac
Yes
Desktop Browser
Yes
Zebu Wealth Mobile App
Zebu Wealth offers mobile trading through the Zebu Wealth app, including BSE/NSE trading and robo-advisory services. This app is compatible with iOS, Android, and mobile browsers. With the software, users are able to buy stocks, trade futures and options, and invest in mutual funds, exchange traded funds, bonds, and other investments.
Mobile App
Zebu Wealth
Mobile Browser
No
Android App
Yes
iOS App
Yes
Windows App
No
Other Mobile OS
No
Zebu Wealth Customer Support
Online trading support: Zebu Wealth can assist customers with online trading. A range of trading platforms are available for traders, including mobile apps, online browsers, and desktop programs.
24*7 support: Zebu Wealth offers its consumers 24-hour support. The customer service team is available and accessible 24/7, which means you can contact them at any time, even during non-business hours.
Email support: Customers can contact Zebu Wealth5Paisa’s customer support staff via email if they require assistance. Customers can send their queries and issues to the company’s email address.
Customer Support
Zebu Wealth
Relationship Manager
Yes
Offline Trading
Yes
Online Trading
Yes
24 * 7 Support
No
Email Support
Yes
Chat Support
No
Toll free number
No
Support Branches
428
Zebu Wealth Complaints
Brokerage firms can assess the quality and reliability of their services by evaluating how many complaints they receive. There are a total of 0 BSE complaints, of which 0 have been resolved, which amounts to NaN % in percentage terms. And, when it comes to NSE complaints, there are 3 of them, with 3 of them resolved, for a percentage of 100.00 %. And the percentage of BSE/NSE complaints resolved is NaN %
The table below highlights the complaints acquired by Zebu Wealth.
BSE Complaints
Zebu Wealth
BSE Complaints
0
BSE Resolved Complaints
0
Percentage of resolved BSE complaints
NaN %
NSE Complaints
3
NSE Resolved Complaints
3
Percentage of resolved NSE complaints
100.00 %
BSE/NSE Complaint vs. Resolved Percentage
NaN %
Conclusion
In conclusion, Explore Zebu Wealth’s intuitive platforms for a diverse range of trading and investment opportunities, tailored to your needs. It is one of the best possibilities for investors, with low prices and a wide range of investment prospects. However, the absence of comprehensive customer support, as well as the number of consumer complaints, are cause for concern. In light of all the features and user experience, Zebu Wealth can be considered a good stock broker, but you must carefully evaluate the pros and cons before choosing it.