Reviews of Stock Brokers


Zebu Wealth Management

When it comes to investing in the stock market, choosing the right stockbroker is of utmost importance. It can significantly impact your trading experience, investment returns, and overall satisfaction. In this article, we will provide an in-depth review of Zebu Wealth Management, one of India's prominent Full Service Broker. We will evaluate various aspects, including brokerage charges, trading platforms, customer support, and more, to help you make an informed decision.


Overview

Zebu Wealth Management founded in 2013 by Vellaiyan Vijayakumar is a Private company headquartered in Erode,TN India. As a Full Service Broker, Zebu Wealth Management aims to provide cost-effective buy/sell orders, enabling investors to save money compared to Discount Broker. However, it is crucial to note that Zebu Wealth Management operates as a Discount Broker. It offers extensive investment advice and detailed stock analysis for its clients.

OverviewZebu Wealth Management
Broker TypeFull Service Broker
Type of companyPrivate
HeadquarterErode,TN
FoundersVellaiyan Vijayakumar
Foundation Year2013
Supported ExchangesNA
Total branchesNil

Zebu Wealth Management Account opening charges

To begin trading with Zebu Wealth Management, you need to open a trading account and a Demat account. Zebu Wealth Management charges Rs.300 for opening a trading account. Additionally, there is an annual maintenance charge (AMC) of Free for the Demat account. However, it's worth mentioning that trading AMC is free.

Account Opening and Demat ChargesZebu Wealth Management
Trading Account Opening ChargesRs.300
Demat AMC (Annual Maintenance Charges)Free
Trading AMC (Annual Maintenance Charges)Rs.450 per Annum
Margin MoneyMinimum Rs.10,000
Offline to Online ChargesYes
DepositoryCDSL & NSDL

Zebu Wealth Management Brokerage Charges

One of the main factors to consider when choosing a stockbroker is the brokerage charges. Zebu Wealth Management brokerage charges for various segments are as follows:

Equity Brokerage Charges

Equity Brokerage ChargesZebu Wealth Management
Equity Delivery Brokerage0.22%
Equity Intraday Brokerage0.02%
Equity Futures Brokerage0.02%
Equity Options BrokerageRs.22 per Lot

Currency Brokerage Charges

Currency Brokerage ChargesZebu Wealth Management
Currency Futures Brokerage0.02%
Currency Options BrokerageRs.22 per Lot

Commodity Brokerage Charges

Commodity Brokerage ChargesZebu Wealth Management
Commodity Options Brokerage0.02%

Zebu Wealth Management Other Charges

In addition to brokerage charges, there are other charges to consider:

Other Brokerage ChargesZebu Wealth Management
Minimum Brokerage ChargesPercentage of Transaction
Transaction Brokerage Charges0.00275%
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of selling value
Call and Trade ChargesNA

Zebu Wealth Management Equity Leverage

Leverage enables traders to amplify their market exposure using a relatively smaller capital amount. Here's the leverage provided by Zebu Wealth Management:

Equity LeverageZebu Wealth Management
Equity DeliveryUpto 3x
Equity IntradayUpto 6x
Equity FuturesUpto 3x
Equity OptionsUpto 4x

Zebu Wealth Management Currency Leverage

Currency LeverageZebu Wealth Management
Currency FuturesUpto 2x
Currency OptionsUpto 1x

Zebu Wealth Management Commodity Leverage

Equity LeverageZebu Wealth Management
CommodityUpto 3x

Zebu Wealth Management Offers

Numerous stockbrokers are enticing customers with attractive offers in order to expand their client base. Some of these enticing offers include:

OffersZebu Wealth Management
Free Stock Trading AccountNo
Free Demat AccountYes
Flexible PlansYes
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersYes
Referral ProgramYes
Zero Brokerage on Loss TradesNo

Zebu Wealth Management Features

FeaturesZebu Wealth Management
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingYes
IPO (Initial public offering)Yes
Stocks SuggestionsNo
Robo AdvisoryNo
PMS (Portfolio Management Services)No
Trading InstitutionNo
Trading ExposureUpto 6x
Mutual FundsYes
SIP (Systematic Investment Plan)Yes
Forex TradingNo
BankingNo
InsuranceYes

Zebu Wealth Management Advisory Services

The key distinction between a discount broker and a full-service broker lies in the range of services offered and the rates at which they are provided.

ServicesZebu Wealth Management
Fundamental ReportsNo
Research ReportsYes
Company ReportsYes
Annual ReportsYes
Company Stock ReviewYes
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly reportsYes
Offline AdvisoryYes
Relationship ManagerYes

Zebu Wealth Management Trading Platforms

The Zebu Wealth Management trading software comprises various trading platforms suitable for the diverse needs of the customers. It is built on IIFL's trading platform. It has been trusted by customers for the past two decades. The trading platform is available in three different forms. Namely: a mobile app, a web browser-based platform, and an installable desktop trading application.


Zebu Wealth Management Trading Platforms

Desktop Trading PlatformsZebu Wealth Management
WindowsYes
MacYes
Desktop BrowserYes

Zebu Wealth Management Mobile App

The Zebu Wealth Management mobile app allows users to trade on the go and provides access to trading at BSE/NSE and robo advisory services. Customers can download the app for free from either the google app store or the apple app Store. The app is designed to be simple and intuitive, enabling users to buy stocks, trade in stock and currency futures & options, and invest in mutual funds, ETFs, bonds, and more.

Mobile AppZebu Wealth Management
Mobile BrowserNo
Android AppYes
iOS AppYes
Windows AppNo
Other mobile osNo

Zebu Wealth Management Web Trading

For web-based trading, Zebu Wealth Management offers a powerful trading website known as Zebu Wealth Management trader station. This website can be accessed through any web browser on computers, laptops, mobile devices, or tablets. It provides a wide range of trading and investment options within a single domain. The web platform is seamlessly integrated with payment gateways and banks, enabling instant fund transfers.


Zebu Wealth Management Trade Terminal

Zebu Wealth Management offers a trade terminal, which is a downloadable trading terminal specifically developed for active traders seeking advanced trading features. This desktop application offers real-time data and advanced charts for monitoring intraday and historic stock prices. It also offers a variety of keyboard shortcuts to facilitate real-time market monitoring and faster order placement.


Zebu Wealth Management Customer Support

Customer SupportZebu Wealth Management
Relationship ManagerYes
Offline TradingYes
Online TradingYes
24 * 7 SupportNo
Email SupportYes
Chat SupportNo
Toll free numberNo
Support Branches428

Zebu Wealth Management Complaints

Understanding the number of customer complaints received by a brokerage firm can provide insights into the quality and reliability of their services. The following table shows the information regarding the complaints received by Zebu Wealth Management.

BSE ComplaintsZebu Wealth Management
BSE Complaints0
BSE Resolved Complaints0
Percentage of resolved BSE complaintsNaN %
NSE Complaints3
NSE Resolved Complaints3
Percentage of resolved NSE complaints100.00 %
BSE/NSE Complaint vs. Resolved PercentageNaN %

Conclusion

In conclusion, Zebu Wealth Management offers a range of trading and investment options through its user-friendly platforms. With competitive pricing and several investment choices, it is one of the best options for investors. However, the lack of comprehensive customer support and the number of customer complaints are areas of concern. Considering all the features and user experience, Zebu Wealth Management can be considered a decent stock broker, but you must examine the pros and cons carefully before making a decision.