Zerodha Overview
| Website | zerodha.com |
| Year Founded | 2010 |
| Countries of Registration | India |
| Website Languages | English, Hindi, Kannada |
| Regulators | SEBI, NSE, BSE, MCX |
| Broker Type | DMA |
| Dealing | A-book |
| Minimum Deposit | $1 |
| Account Currencies | INR |
| Spread | low |
| Trading Platforms | Kite Web, Kite Mobile, Varsity |
| Trading Assets | Stocks, ETFs, Futures & Options, Commodities, Currency Derivatives, Mutual Funds, IPOs |
In a landscape often dominated by complexity and high fees, Zerodha emerged as a beacon of simplicity and accessibility. Founded with the vision of making investing easier and more affordable for every Indian, this broker has redefined the trading experience by removing barriers and enabling individuals to take control of their financial futures. With a user-friendly interface on its Kite platform, both on the web and mobile, Zerodha caters to a wide spectrum of investors—from curious beginners exploring the stock market for the first time to seasoned traders executing sophisticated strategies. Zerodha’s commitment goes beyond just trading; it thrives on empowering its users with knowledge. Through its extensive educational resources available on Varsity, individuals can deepen their understanding of market dynamics without incurring additional costs. With zero brokerage on equity delivery and a straightforward flat fee for intraday and derivatives trading, Zerodha is designed for those who prioritize both affordability and efficiency. In a world where investment opportunities abound, Zerodha stands out as a trusted partner for anyone eager to embark on their investment journey.
Brief look at Zerodha
Zerodha is India’s largest discount stockbroker founded in 2010. The broker lets investors trade equities, F&O, commodities and currency derivatives on Indian exchanges with zero brokerage on equity delivery and a flat ₹20 cap on intraday and F&O trades. Regulated by SEBI and a member of NSE, BSE and MCX, Zerodha offers the sleek Kite platform, segregated client funds, and extensive educational resources through Varsity.
Pros
- ₹0 brokerage on equity delivery
- Flat ₹20 (max) per intraday & F&O order
- Robust Kite platform (web & mobile)
- SEBI‑regulated; segregated client funds
- Extensive free educational content
Cons
- Only for Indian residents
- No compensation above ₹5 lakh
- No 24/7 customer support
Is Zerodha available in my country?
We just checked and
Zerodha doesn't accept clients from United States!
Your capital is at risk
Zerodha Reviews
Zerodha has been an excellent broker for me. The sign-up process was seamless, and I was able to log in to my account quickly. I appreciate the variety of account types available. The withdrawal time has been impressive too!
8/15/2023I've been using Zerodha for a few months now, and overall, I'm satisfied. Their app is user-friendly, and I love the fact that they offer a minimum deposit that's quite reasonable. The spreads on forex trades are competitive.
9/10/2023Zerodha is a decent broker, but I encountered some issues. The customer support was helpful, but it took a while to resolve my concerns. The withdrawal time is reasonable, but I expected a bit more from a broker with such a good reputation.
7/5/2023I recently signed up with Zerodha and have been enjoying my experience so far. The trading features are solid. I primarily trade forex and have found their platform to be reliable.
9/25/2023Fantastic broker! The account types offered are tailored to various trading needs. Their app is smooth and easy to navigate. The withdrawal time is quick, and the overall experience has been very positive for my trading journey.
10/1/2023Leave a Review
Is Zerodha regulated?
| Companies | Zerodha Broking Ltd. |
| Countries | India |
| Regulators | SEBI, NSE, BSE, MCX |
| Investor Protection | Investor Protection Fund |
| Investor Protection Size | ₹500000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Zerodha Account Types
| Property | Equity & F&O |
|---|---|
| Min Deposit | $1 |
| Lot Size | 1 |
| Spread Type | Floating |
| Execution | Market |
| Min Spread | 0 pips |
| Fee | ₹20 per 1 lot |
| Max Leverage | 1:20 |
| Stop Out | - |
| Margin Call | - |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Zerodha Funding and Fees
| Base currencies | INR |
| Deposit and withdrawal methods | UPI, NetBanking, IMPS, NEFT/RTGS, Cheque |
| Inactivity fee | ₹300 demat AMC per year |
| Interest on margin | |
| Withdrawal Fee |
Zerodha Trading Platforms and Conditions
| Trading Platforms | Kite Web, Kite Mobile, Varsity |
| Execution Speed | - ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
Zerodha Trading Assets
| Currencies | 7 |
| Indices | 6 |
| Stocks | 5000 |
| Cryptocurrencies | 0 |
| Bonds | 0 |
| Metals | 2 |
| Energies | 2 |
| Soft Commodities | 4 |
| ETFs | 100 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Zerodha Support
| support@zerodha.com | |
| Phone | +918047181888 |
| Telegram | Telegram |
| YouTube | YouTube |
Zerodha Alternatives
| Broker | Zerodha | Interactive Brokers | Upstox |
|---|---|---|---|
| Type | DMA | DMA | DMA |
| Minimum Deposit | $1 | $1 | $1 |
| Regulators | SEBI, NSE, BSE, MCX | SEC, FINRA, FCA, CBI, CIRO, ASIC, SFC, SEBI, JFSA, MAS | SEBI, NSE, BSE, MCX |
| Platforms | Kite Web, Kite Mobile, Varsity | Trader Workstation (TWS), IBKR Mobile, Client Portal, IBKR GlobalTrader, FXTrader | Upstox Pro Web, Upstox Pro Mobile |
| Spread | low | low | low |
| Leverage | 1:20 | 1:50 | 1:5 |
| Assets | Stocks, ETFs, Futures & Options, Commodities, Currency Derivatives, Mutual Funds, IPOs | Stocks, ETFs, Options, Futures, Forex, Bonds, Mutual Funds, Cryptocurrencies, Commodities, CFDs | Equities, Futures & Options, Commodities, Currency Derivatives, Mutual Funds, IPOs |
Is Zerodha Right for You?
Zerodha stands out as India’s largest discount stockbroker, offering significant advantages like zero brokerage on equity delivery and a flat ₹20 cap on intraday and F&O trades. Its robust Kite platform enhances the trading experience, while its SEBI regulation and segregated client funds provide a level of security. Additionally, the extensive educational resources available through Varsity make it an excellent choice for both novice and experienced traders looking to expand their knowledge and skills. However, prospective users should be aware of some limitations. Zerodha is only available to Indian residents, which restricts its accessibility for international traders. Furthermore, there is no compensation above ₹5 lakh, and the absence of 24/7 customer support may be a concern for those who require immediate assistance during trading hours. Overall, Zerodha is highly recommended for Indian residents who prioritize low-cost trading and educational resources. However, those who need 24/7 support or are based outside of India may want to explore alternative brokerage options that better meet their needs.
FAQ
Is Zerodha safe?
How does Zerodha make money?
What is the minimum deposit for Zerodha?
How do I deposit funds in a Zerodha account?
How do I withdraw money from Zerodha?
How much is the maximum leverage at Zerodha?
What trading platforms does Zerodha offer?
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
