Ventura vs Zerodha Direct Comparison 2020

Ventura Securities is a full-service broking house with value-added services like Portfolio Management Services, Advisory Services, NPS, and Depository Services.

Whereas, Zerodha works on a discount broking model with Rs. 20 brokerage on per executed order. 

Below is a snapshot of both the broking firm –

Ventura vs Zerodha

ParticularsVentura SecuritiesZerodha
TypeFull-Service BrokerDiscount Broker
Can trade-in Stocks, Equity F&O, Currency F&O, and Commodity F&O Stocks, Equity F&O, Currency F&O and Commodity F&O, Bonds, and Govt-Securities
Can invest in Mutual FundsIPOMutual  FundsIPO – through Bhim UPI
Other Products & ServicesAdvisory ServicesNPS None
Brokerage PlanTrading Software Access fees based plansNo Plans
Brokerage ChargesDetails for Ventura Securities plan with access charge of Rs. 1000Details for Zerodha Plan
Equity delivery0.45% Rs. 0
Equity Intraday0.05%, charged on one leg onlyLower of Rs. 20 per executed order or 0.01%
Equity Futures0.05%, charged on one leg onlyLower of Rs. 20 per executed order or 0.01%
Currency Futures Rs. 20 per lot on a single leg of the transaction.Lower of Rs. 20 per executed order or 0.01%
Commodity Futures0.0200% (both sides)Lower of Rs. 20 per executed order or 0.01%
Equity OptionsRs. 100 per lot Rs. 20 per executed order 
Currency OptionsRs. 20 per lot on a single leg of the transaction.Lower of Rs. 20 per executed order or 0.01%
Commodity OptionsRs. 100 per lot (both sides)Lower of Rs. 20 per executed order or 0.01%
Margin for IntradayDetails for Ventura SecuritiesDetails for Zerodha Plan
Equity DeliveryInformation not availableNo leverage
Equity Intraday (MIS)Up to 4X depending on the scrip categorization3 to 12.5 times depending on the scrip
Index FuturesAs per SPAN Margins file available on the websiteMargin required is 35% of the normal margin i.e. 2.857X
Stock FuturesAs per SPAN Margins file available on the websiteMargin required is 45% of the normal margin i.e. 2.222X
Index Option SellAs per SPAN Margins file available on the websiteMargin required is 35% of the normal margin i.e. 2.857X
Stock Option Sell As per SPAN Margins file available on the websiteMargin required is 45% of the normal margin i.e. 2.222X
Currency Futures (MIS)Information not available50% of the normal margin i.e. 2X
Selling Currency Options (MIS)Information not available50% of the normal margin i.e. 2X
Commodity/ MCX FuturesInformation not available50% of the normal margin i.e. 2X
Margin for OC/ OCODetails for Ventura SecuritiesDetails for Zerodha Plan
For various trading segmentsInformation not availableDoes not disclose upfront. Need to use a margin calculator 
Account Opening ChargesVentura Securities (Under Plan A with POA)Zerodha 
Demat & Trading AccountRs. 0Charges for Demat & Trading account is clubbed – Rs.200
Demat AMC FeesRs. 0Rs. 300
Trading PlatformsPointerZerodha Kite 3.0Zerodha PI
Cloud Alert ToolNoneSentinel
APIsNoneKite Connect API 
Trading AppVentura Wealth Mobile AppVentura Commodity AppKite Mobile App

Read further for details and side-by-side comparison of both the brokerage houses.

Zerodha Demat Account 

Zerodha charges zero brokerage for delivery and Rs. 20 for other segments.

Zerodha also offers value-added services for a nominal fee. You also have on hands a resource portal containing calculators, news & circulars and application & other useful forms.

Brokerage Charges

Trading TypeBrokerage Charges
Equity DeliveryRs. 0
Equity IntradayLower of Rs. 20 per executed order or 0.03%
Equity FuturesLower of Rs. 20 per executed order or 0.03%
Equity OptionsRs. 20 per executed order 
Currency Futures and OptionsLower of Rs. 20 per executed order or 0.03%
Commodity F&OLower of Rs. 20 per executed order or 0.03%

The subscription fees for value added services are under –

Zerodha-Charges-for-value-added-services

Margin Provided

The Margin for Intraday (MIS) is as under;

SegmentMargin
Equity DeliveryNo Margin
Intraday Equity3 to 12.5 times depending on the scrip
Index FuturesMargin required is 35% of the normal margin (NRML) 
Equity FuturesMargin required is 45% of the normal margin (NRML) 
Index Option WritingMargin required is 35% of the normal margin (NRML) 
Stock Option WritingMargin required is 45% of the normal margin (NRML) 
Currency Futures & Option Writing 50% of the normal margin (NRML) 
Commodity Futures & Option Writing50% of the normal margin (NRML)

Zerodha provides a Margin Calculator, you can use them for knowing exact margins.  

The exact CO/BO margin details are not available on the website. You need the BO&CO margin calculators before you trade.

Account Opening Charges 

ParticularsCharges
Trading and Demat account opening chargesRs. 200
Commodity AccountRs. 100
Trading account annual maintenance chargesRs. 0
Demat account annual maintenance chargesRs. 300
Offline Account Opening ChargesAdditional Rs. 300

Best For

Zerodha is best for regular traders who don’t need a large margin and don’t want to pay high brokerage.

Pros 

  • No brokerage charges for delivery
  • Fixed & low brokerage irrespective of trade volume
  • No minimum balance required to open and maintain the account

Cons

  • Does not upfront discloses margin for CO & BO trades 
  • Frequent delays and service down during trading hours
  • The margin provided is low as compared to other discount brokers

Also read – Edelweiss vs Zerodha comparison

Ventura Demat Account 

Ventura Securities is a 20+ year-old full service  broking company. The value-added services include Advisory services, PMS, and NPS investment.

Ventura Securities charges a trading software access fee.  

Brokerage Charges

Ventura Securities charges software (trading platform) access fees. The brokerage rates for different amounts of access charge is in the table below. 

The amount of software access fees, which is refundable, is lower of:

  1. To the extent of the brokerage generated 
  2. The maximum refundable amount as indicated in the table below 

Brokerage Plan Types

Access Charge
(in Rs.)
Mobile MarketsMaximum Refundable Amt
(in Rs.)
PeriodBrokerage
Delivery Intraday (Equity & 
Equity Futures) Charged one leg only
Equity Options
Rs. per lot
1000No10001 year0.45%0.05%Rs. 100 
2000No20001 year0.35%0.04%Rs. 100 
3500No35001 year0.20%0.03%Rs. 100 
5000No50001 year0.17%0.025%Rs. 100 
7500No75001 year0.15%0.02%Rs. 100 
9999Yes99991 year0.15%0.02%Rs. 100 
10,000Yes10,0006 months0.15%0.015%Rs. 100 
18,000Yes18,0001 year0.15%0.015%Rs. 100 
15,000Yes15,0006 months0.13%0.0125%Rs. 100 
25,000Yes25,0001 year0.13%0.0125%Rs. 100 
20,000Yes20,0006 months0.10%0.01%Rs. 100 
30,000Yes30,0001 year0.10%0.01%Rs. 100 
40,000Yes43,0001 year0.10%0.01%Rs. 70 
50,000Yes55,0001 year0.10%0.01%Rs. 60
72,000Yes80,0001 year0.10%0.01%Rs. 50

Currency Derivatives – Rs. 20 per lot on single leg of transaction. 

Commodity Trading Brokerage 

Yearly Software Access Charge (in Rs.)Commodity Futures (brokerage slabs – both sides)Commodity Options
10000.0200%Rs. 100 per lot
35000.0150%Rs. 100 per lot
50000.0100%Rs. 100 per lot
75000.0090%Rs. 100 per lot
10,0000.0080%Rs. 100 per lot
15,0000.0075%Rs. 100 per lot
20,0000.0070%Rs. 100 per lot
25,0000.0065%Rs. 100 per lot
30,0000.0060%Rs. 100 per lot
40,0000.0055%Rs. 100 per lot
50,0000.0050%Rs. 100 per lot
75,0000.0040%Rs. 100 per lot
1,00,0000.0030%Rs. 100 per lot

Margin Provided

Finding margin details on the Ventura Securities website is very hard.

The margins for the equity cash segment can be found on the “Category-wise Scrip List” under the download menu. 

Ventura Margin list

The list is a downloadable excel sheet with stock-wise details of the margins available scrip-wise.  

The scrips listed on the BSE and NSE in the cash market are categorized in A-B-C-D and the applicable margins are as under:

GroupABCD
Exposure (number of times)4321

For trading in Equity derivatives, the applicable margin can be found using the NSE SPAN  Margin file. 

NSE SPAN MARGIN FILE

I could not find information regarding margins offered for currency and commodity F&O trading on the website. 

One can find the exact margins details security-wise before trading only through the Pointer trading platform.  

Account Opening Charges 

ParticularsPlan APlan BPlan C
With POAWithout POAWith POA
Trading Account OpeningNilNilNil
Demat Account Opening (Refundable Deposit)NilNilRs. 3000
AMC ChargesNilNilNil

Trading Platforms

#1. Ventura Pointer

Ventura pointer

Ventura Pointer is a downloadable desktop trading software. Ventura charges a fee for trading platform access. The access fee is refundable and the brokerage percentage is based on the access fees paid.

The access fee details are provided along with the brokerage charges in the above section. 

One can get a live market watch, market summary and exchange messages on the home screen itself.

However, on the platform, you need to use the dropdown menus and function keys to access order book and trade.

#2. Ventura Wealth & Ventura Commodities Mobile Apps

Ventura Wealth App

Ventura Wealth app is for trading in equity, equity derivatives, and currency derivatives. Whereas, the Ventura Commodities helps you trade only in commodities. 

On the Google Play store, the Ventura Wealth app has a rating of 3.7 and has 7.1 MB size. However, there are negative reviews of delayed price updates and login issues. 

Ventura Commodities app has a size of 5.6 MB and a rating of 4.1 on the Google Play Store.   

Best For

Ventura Demat and trading account is best if you trade very low volumes and want to open an account without a POA. 

Apart from that, the account is apt for traders looking for zero AMC fees.

Pros 

  • Zero AMC Charges 
  • Flexibility to open a demat account without POA

Cons

  • Trading software access fees
  • Brokerages based on the platform access fees
  • Mobile trading apps only with Rs. 9999 access fee and above
  • No Web-based trading platform

Conclusion

Ventura Securities and Zerodha work on different broking models. So, before you pick any one of them, you should check your trading/ investing needs.

Zerodha charges Rs. 0 for delivery and max brokerage of Rs. 20. Its trading platform is free for all the traders. But the other services are paid. 

Ventura Securities has a percentage-based broking plan. You need to pay upfront a refundable trading platform access fees. But, the AMC is lifetime free and you have the flexibility to open an account without signing a POA.