Zeroshulk has gone through various business transitions in the past 31 years or so. It started as V.Kumar & Co., then renamed the business to Zeroshulk finance and investment private limited in 1996.
The business then expanded its operations into the commodities market in 2003 under the title Zeroshulk Commodities private limited. The company also became the member of MCX Stock exchange in the year 2008.
Today Zeroshulk is a mainstream discount stockbroker and claims to have 9000+ customers who transact across multiple segments. Zeroshulk is part of Vikson securities, another stockbroking firm and is based out of Chandigarh, Punjab.
Both the firms run under the same operational team. Zeroshulk alone claims to have more than 100 employees under its belt.
"Zeroshulk through its listed parent Vikson Securities has 2,832 active clients until May 2017."
With this discount stock broker, clients can trade and invest in the following segments:
- Fixed Deposits
Zeroshulk Trading Platforms
Zeroshulk provides trading platforms across the web, desktop and mobile devices.
Zeroshulk Desktop Based Terminal Software
The desktop trading platform comes with the following features:
- User-friendly Interface - the platform can be customized in the terms of its look and feel. There are high-quality charts that display latest trends, technical reports from the market etc.
- High Stability - data processes at relatively higher speed even during events of high transactions
- Storage - Personalized trading reports and files can be saved on Zeroshulk storage.
- Shortcuts allowed for different features so that users can make quick movements.
This is the basic look and feel of the terminal based application:
Zeroshulk Web Application
The web version of the platform is a browser-based application that provides flexibility and accessibility of the system to the users. Some of the features of this web application include:
- Compatible with most of the prominent browsers.
- A wide range of technical analysis tools such as charts, graphics, indicators.
- Lightweight application with low configuration requirements.
This is how the web-based browser application looks like:
Zeroshulk Mobile App
The mobile app allows you to trade from a smartphone. It comes with the following features:
- Better connectivity
- Higher security
- Much easier to use
Apart from the above-mentioned trading platforms, Zeroshulk also provides different types of calculators such as Brokerage Calculator, Span calculator to its clients for their usage.
Users also have the option to use NSE based applications such as NSE NOW or NEST while using Zeroshulk's services.
Also Read: Best Online Trading Platforms in India
Zeroshulk Customer Service
Zeroshulk is an evolving discount stock broker, however, it provides various communication channels such as:
- Web Chat
- Social Media
Although Zeroshulk has been successful in providing multiple channels for customer service the overall tones still seems to be a little salesy. It would be better if the support executives are trained to bring quality to the overall communication rather than pitching their products and positioning most of the times.
"Zeroshulk claims to provide 16 hours of IT support starting from 8 am in the morning until 12 am late night."
Being a discount stock broker, the charges are pretty nominal across segments. Here are the details for your reference:
Zeroshulk Account Opening Charges
The account opening charges are free of cost with no annual maintenance charges for the first year. From second year onwards, the AMC is charged at ₹300 per year.
"Zeroshulk offers multiple brokerage plans to its clients based on different trading styles"
Use this Zeroshulk Brokerage Calculator for complete charges and your profit
There are few other aspects on top of the pricing set up explained above:
- Call & trade options are available at INR 20/order
- Intraday limits up to 20X on Equity, 4X on future trades, 4x for commodity and currency trades.
Zeroshulk Transaction Charges
Apart from the other payments, you are supposed to shell out transaction charges as well.
There are few stockbrokers that entice clients with low brokerage charges but then charge higher transaction charges to compensate for the loss of brokerage. Zeroshulk is not part of that list and charges nominal transaction charges across segments.
Thus, you can be assured of low charges levied by the broker. Having said that, make sure you understand any potential hidden charges. Once finalized, get these details emailed from the official email account of the broker for any future usage.
Zeroshulk Exposure or Leverage
For more information, you can check the detailed Zeroshulk Review here.