We at Zerodha have never advertised. While this strategy has worked really well for us, it got us thinking—do our customers know everything we have to offer? Here are five things you can do with your Zerodha account that you may not have known about.
Better options trading with Sensibull
If you trade options, there is no reason not to use Sensibull. Sensibull is free for all Zerodha customers and is built to help you trade options with lesser risk than YOLO naked options trades. Sensibull offers Options Strategy Builder, Option chain, Draft portfolios, Open Interest (OI) analysis, FII-DII data, Positions analysis, and much more. So if you’ve not already checked them out, log into Sensibull today!
Margin Trading Facility (MTF)
MTF allows you to buy shares with only partial funds. If used the right way, it can help you take advantage of trading opportunities when you are short on funds. Depending on the stock, you can borrow 2X to 5X of the trade value. Not only that, you can hold onto this leveraged position for as long as you need, with no time-limits!
But please remember, MTF is a leveraged product that amplifies your upside and your downside as well. Use it carefully, consider the risks and costs involved before taking a trade with MTF. Learn more about MTF at Zerodha.
Don’t miss out on trade opportunities with Alert Triggers Order (ATO)
With ATO, you can create a basket order that is placed on the exchange when an alert set by you is triggered, allowing you to set up trades or investments at your convenience and not have to worry about constantly monitoring the markets to take a trade.
Analyse, understand, and manage your portfolio with Console
Console is the central reporting platform for your Zerodha account. On Console, you can get detailed insights on your portfolio growth, asset allocation, exposure to different asset classes and sectors, download tax-ready reports for tax-filing, manage your family’s accounts, and more!
Save for your retirement with National Pension System (NPS)
The one goal we all have (or must have) to save for is retirement, and the National Pension System (NPS) is a really good low-cost investment option. NPS forces you to invest in a diversified portfolio of equities and debt by default, has a very low expense ratio, is tax-efficient, and locks your investments in until you’re 60 so that you don’t give in to your impulses of fear and greed—it keeps you disciplined. You can start investing in NPS on Coin. We also have a Varsity module on NPS if you want to learn more.