Quick Answer: Is GTT Free In Zerodha?

Does Zerodha charge for Cancelled orders?

No, Zerodha doesn’t charge brokerage or any other fees for canceled orders.

If for some reason you cancel your orders, you won’t be charged any fees..

Does Zerodha charge for converting MIS to CNC?

You will be allowed to convert MIS positions to CNC/NRML only if you have sufficient margins in your account. You can check the margin calculator to know how much extra margin you’ll need to have to convert to CNC/NRML. To convert MIS to CNC/NRML and vice versa, open the ‘Positions’ tab in Kite.

How do I place a GTT order?

With a GTT buy order, when the trigger price is hit, a buy order with the limit price mentioned is placed on the exchange. Sell GTT is used to exit current stock holdings, either just a target order or both stoploss and target where triggering of one will cancel the other (OCO).

Which is better 5paisa vs Zerodha?

Zerodha vs 5Paisa – Stockbroker Comparision: Zerodha and 5paisa are two of the biggest discount brokers in India….Zerodha vs 5Paisa Comparision:NameZerodha5 PaisaEquity DeliveryFreeRs 20 per tradeEquity IntradayRs 20/ trade or 0.03% whichever is lowerRs 20 per trade45 more rows•Mar 2, 2020

How do you use GTT in Zerodha?

On Kite web, click on the context menu (marketwatch, holdings, positions) to see the Create GTT option. On Kite mobile, click on any scrip and click on ‘Create GTT’ on the right.

Can I use GTT for intraday?

GTT orders are not allowed for intraday and F&O trades. It is only allowed for equity delivery segment.

What is price and trigger price in Zerodha?

Trigger Price in Zerodha can be executed through any of the trading platforms offered by Zerodha, a leading discount stockbroker in India. … Trigger price is the price mentioned by a trader at which the stock exchange (for instance BSE, NSE etc) makes an order for buy or sell active for execution.

Is Zerodha safe?

Yes, Zerodha is as safe as any other stock broker in India. Zerodha is a genuine and trusted stock broker . They are among the lowest risk broker for the following reasons: … Shares and Mutual Funds are transferred in the demat account which is held by CDSL.

What is OCO in Zerodha?

OCO (One Cancels the Other) trigger When you buy stocks, you can place an OCO trigger where you can set a stop-loss and target trigger %. When either of the triggers is hit, the order is placed at the exchange and the other trigger is cancelled. You will get the GTT trigger option when you place a CNC buy order.

What is difference between CNC and MIS in Zerodha?

Margin Intraday Square Off (MIS) is used for trading Intraday Equity, Intraday F&O, and Intraday Commodity Trading. … Cash and Carry (CNC) is used for delivery based trading of equity. Using CNC product code you will not get any leverage nor will your position be auto squared off.

Can we do short sell in CNC?

When you place a sell order in CNC , the The RMS (Risk Management System) will first check your demat to see if the shares you are trying to sell are available in your demat. … You can Short Sell and Close the Positions for Intraday in CNC only if you hold the dame shares in your demat.

Does Zerodha charge for GTT?

Charges for Usage of GTT Feature type As an introductory offer, there shall be no charges levied on requesting orders through the GTT Feature for the first 3 months, for all clients of Zerodha.