erodha KITE is an online trading software. It allows customers to trade at BSE, NSE and MCX. It’s a front-end application which is built in-house by Zerodha engineers. KITE platform offers 3 main products, all for free to its customers:
Kite WebA website based trading application (runs on browser like a normal website) with streaming quotes, advance charts, keyboard shortcuts, elegant UI and all available order types.
Kite Mobile AppZerodha Kite App is available for Android and iOS. Kite Mobile is a powerful and simple mobile trading app. The Kite Mobile App give you access to all the features available in Kite Web.
Kite Connect API�Kite APIs are simple HTTP/JSON APIs for developers who would like to build their own front-end platforms or tools to trade. These API’s are offered as ‘platform as a service’.
Zerodha Kite Advantages / Disadvantages
Advantages
Disadvantages
Works well in low bandwidth.
Backtesting, scanners not available.
Supports upto 10 regional languages.
Charts from trading are not available.
Supports up to 10 regional languages.
The back office is managed in a separate application.
Simple, elegant interface access to APIs.
Minor browser-based issues on charts.
Access to Quant for fundamental analysis using behavioral analytics integration with 3rd party apps.
Charts from trading is not available.
Trading Platform Owner
Zerodha
Zerodha is a leading stock broker in India with lakhs of customers. The company offers online discount stock & commodity broking services at NSE, BSE and MCX. It also offers Mutual Fund investments and demat account services.
Zerodha Kite Product Highlights
Powerful web and mobile trading application
Works well in low bandwidth
Charts offered from two providers; TradingView and ChartIQ.
Extensive charting with over 100 indicators and 6 chart types
Advanced order types like Brackets and cover
Build on top of Omnesys OMS and RMS
Zerodha Kite Key Features
Kite is superior trading platform loaded with many features which are not provided by its competitor. As Kite is under active development, Zerodha is bringing in 100’s of new features every new version released. Here are few key features which make Kite a unique trading experience.
Dashboard / Account Summary
Market Watches
Streaming Quotes
Browser Notifications
Market Depth View with Streaming Updates
Floating Order Window
Exit multiple orders/positions in one click
Multiple chart view (4 charts on the same screen)
Trade from charts (place trades from popped out charts)
Order Types: Regular, CO, BO, AMO
Zerodha Kite Features Explained
Zerodha Kite Charts
Kite offer most advanced charting with over 100 indicators, 6 chart types, 19 drawing tools, and facility to draw as many charts at a time. The chart intraday data is available from 2014 and daily charts for over 7 years for stocks, commodities, F&O, and currencies.
Key features of Zerodha Kite Charts:
Draw as many charts as needed
View up to 4 charts simultaneously in the same window.
Wide varieties of chart types including candle, bar, line, mountain etc are available.
Over 20 different drawing tools are available
Place orders directly from charts
Search and add indicators on the chart
Compare multiple scripts
Charts default to 1 min which can be changed to up to 1 month
Kite Fund Transfer
Kite ‘Funds’ page is for customers to add fund or withdraw the money from the trading account. Kite fund transfer allows you to:
Link upto 20 top banks for instant fund transfer using a payment gateway.
Transfer through payment gateway will cost Rs 9 + GST per transaction to customer.
Transfer fund using NEFT/RTGS/IMPS transfer but the funds are not available instantly.
Withdrawal requests are handled in Zerodha Console website (Backoffice), which has seamless integration with Kite.
Withdrawals are processed at 8.30 PM for Equity, F&O and currency and at 8:00 AM for commodities from Monday to Friday.
Excellent charting tool to view all the equity and commodity scripts
Leverage calculation and brokerage calculation are not part of the app.
Price alerts are not available.
Products Offered by Zerodha Kite
MIS (Margin Intraday Square-off)MIS orders are used for intraday trades in equity and F&O segments. Zerodha offers additional leverage/margin for trade under MIS.
CNC (Cash n Carry)CNC orders are for delivery based ‘Equity’ trades. 100% money (margin) is required to buy share under this order type. To sell stocks using CNC, stocks need to be available in the linked demat account.
NRML (Normal F&O trades)NRML orders are for intraday/overnight ‘F&O’ trades without additional leverage. Positions taken as NRML can be held until expiry as long as required margins maintained by the customer.
BO (Back Order)BO’s are intraday limit orders with a target and stoploss and an optional trailing SL all placed simultaneously.
CO (Cover Order)CO’s are intraday market orders with a predetermined stoploss order. Higher leverage is provided for these orders as they have fixed stoploss.
AMO (After Market Order)Orders placed for next trading day in advance. AMO orders can be placed from between 4.00 pm to 9.14 am.Zerodha AMO Order TimeSegmentOrder TimeEquityNSE: 3:45 PM to 8:57 AM BSE: 3:45 PM to 8:59 AMEquity F&O3:45 PM to 9:10 AMCurrency3:45 PM to 8:59 AMCommodityAnytime during the day** If MCX AMO order is placed during the market hours the order will go through the next day at 9 AM.
Order Types Offered by Zerodha Kite
MarketTo place orders (buy or sell) at current market price Say, if Infosys is being currently traded at Rs 1160, a customer will be able to place a buy/sell order at Rs 1160.
LimitTo place orders (buy or sell) at predefined price. Say Infosys is being traded at Rs 1160 but customer can place a limit buy order to buy shares at Rs 1150. The orders will be queued and get executed only when the price reaches Rs 1150.
SL (Stoploss or trigger order)SL orders are design to limit the investor’s loss. It can also be used to buy/sell stocks when it reaches a certain price (trigger price).
SL-MSame as SL order but with Stop Loss ‘Market Order’ instead of ‘Limit Order’.
Zerodha Kite User Customization Options
You can personalize Kite by setting your own profile picture.
5 custom marketwatch available. Each can hold up to 20 stocks.
Zerodha Kite Reports
Zerodha Kite doesn’t offer any reports. Customer has to get the reports from Zerodha backoffice.
Zerodha Kite Charges / Fees
Kite is made available for free to all customers.
Brokers using Zerodha Kite
Zerodha
Special Offer
Free stock trading and mutual funds
Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
1. What is Zerodha support phone number?Zerodha Kite helpline number is +91 80 4718 1888. The Zerodha support lines are open from 8:30 AM to 6:00 PM on weekdays.Zerodha Call & Trade Number is +91 80 4718 1888. The Zerodha call & trade lines are open from 9:00 AM to 11:55 PM on trading days.Discuss this question
4. What are the Zerodha Kite account opening charges?Zerodha account opening charges are Rs 200 for online account opening and Rs 300 for offline paper-based account opening. Besides, Zerodha charges Rs 300 per year Demat Account AMC that is paid Rs 75 quarterly in advance.Discuss this question
5. How to download Zerodha Kite?Zerodha Kite Web is a website based trading application. It does not require any download. You can open the website in any web browser on a computer or mobile phone to trade.Zerodha Kite Mobile App is available for download at Android/iOS stores.Note: Zerodha kite is not available in an installable trading terminal format. Zerodha does not offer exe based desktop trading software.
Share this Article //
Subscribe to the Newsletter
Subscribe now to get cutting-edge information about the Indian Stock Market