Zerodha is India’s leading discount brokerage firm, revolutionizing online trading with zero brokerage on equity delivery and minimal fees on other segments. Renowned for its user-friendly Kite platform, advanced charting tools, and transparent pricing, Zerodha empowers investors with innovation, reliability, and education-driven financial independence in the stock market. Check out the complete Zerodha review.
| Services Rating | Zerodha |
|---|---|
| Overall Rating | ★★★★★ |
| Brokerage Charges | ★★★★★ |
| Trading Platform | ★★★★★ |
| Investments Offering | ★★★★★ |
| Customer Service | ★★★★★ |
| Broker Type | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX |
| Active Clients | 796 lakhs |
| Broker Overview | Zerodha |
Account Opening Charges and AMC
Zerodha offers a free trading account and demat account opening and charges an Annual Maintenance Charge (AMC) of ₹300.
| Charges | Zerodha |
|---|---|
| Trading Account Opening | 0 |
| Trading AMC | ₹300 |
| Demat Account Opening | 0 |
| Demat AMC | ₹300 |
| Provide DP Service | Yes |
Brokerage Plans
Zerodha does not offer subscription-based brokerage options with a monthly or yearly plan.
| Plan Types | Zerodha |
|---|---|
| Multiple Plans | No |
| Monthly Plans | No |
| Yearly Plans | No |
Brokerage Charges
Zerodha charges Rs Zero for equity delivery, Rs ₹20 or 0.03% for intraday, Rs ₹20 or 0.03% for futures, Rs ₹20 for options, and Rs ₹20 or 0.03% for commodity trading. This provides a complete and balanced brokerage structure across all segments.
| Brokerage Charges | Zerodha |
|---|---|
| Plan Name | |
| Equity Delivery | Zero |
| Equity Intraday | ₹20 or 0.03% |
| Equity Futures | ₹20 or 0.03% |
| Equity Options | ₹20 |
| Currency Futures | ₹20 or 0.03% |
| Currency Options | ₹20 |
| Commodity Futures | |
| Commodity Options | |
| Hidden Charges | No |
| Call & Trade Charges | ₹50 per order |
| Auto Square off Charges | ₹50 per order |
| Brokerage Calculator | Zerodha Brokerage Calculator |
Transactions Charges
| Transactions Charges | Zerodha |
|---|---|
| Equity Delivery | NSE: 0.00297% BSE: 0.00375% |
| Equity Intraday | NSE: 0.00297% BSE: 0.00375% |
| Equity Futures | NSE: 0.00173% |
| Equity Options | NSE: 0.03503% BSE: 0.0325% |
| Currency Futures | NSE: 0.00035% BSE: 0.00045% |
| Currency Options | NSE: 0.0311% BSE: 0.001% |
| Commodity | MCX: 0.0418% NSE: 0.001% |
Account Features
Zerodha provides advanced account features including advanced charting and analysis tools, algo trading support for automation, instant SMS alerts for market updates, online demo sessions and video tutorials, an online portfolio accessible anytime, NRI trading and investment access, making it a complete trading and investment platform suitable for both beginners and professionals. Overall, Zerodha provides advanced account features including easy account setup, smart trading tools, interactive charts, algo trading, online demo guidance, and a personalized online portfolio, making it a complete trading and investment platform for all users.
| Compare Account Features | Zerodha |
|---|---|
| 3-in-1 Account | No |
| Charting | Yes |
| Algo Trading | Yes |
| SMS Alerts | Yes |
| Online Demo | Yes |
| Online Portfolio | Yes |
| Margin Trading Funding Available | Yes |
| Combined Ledger for Equity and Commodity | Yes |
| Intraday Square-off Time | 3:20 PM |
| NRI Trading | Yes |
Trading Platforms
Zerodha provides a seamless trading experience across multiple platforms including a modern web-based trading platform, a mobile-friendly trading interface, an Android trading app, an iPhone trading app, an Android tablet app, an iPad trading app. Traders can access their accounts anytime, whether on web or mobile devices. The software ensures fast execution, stability, and real-time performance for all users.
| Trading Platforms | Zerodha |
|---|---|
| Web Trading Platform | Yes |
| Web Trading Detail | Zerodha |
| Mobile Trading | Yes |
| Mobile Trading App | Yes |
| Android Mobile App | Yes |
| Android App Download | Download |
| iPhone Mobile App (IOS) | Yes |
| iOS App Download | Download |
| Android Tablet App | yes |
| iPad App (IOS) | Yes |
| Trading Software Charges | Zero |
Broker Ratings
Zerodha maintains impressive ratings with fees rated 4.5, brokerage rated 4.5, platform usability rated 4.8, and customer service rated 4.4. The broker’s overall rating stands at 4.6 out of 5, reflecting its balanced performance across key areas. Overall, Zerodha is recognized for offering dependable service, fair pricing, and a user-friendly trading experience.
| Broker Ratings | Zerodha |
|---|---|
| Fees Ratings | 4.5 |
| Trading Brokerage Rating | 4.5 |
| Trading Platform Usability | 4.8 |
| Customer Service Ratings | 4.4 |
| Overall Ratings | 4.6 |
Investment Offerings
Zerodha offers a wide range of investment options including equity cash and F&O, currency derivatives, commodity trading, online IPO applications, mutual funds, bonds and NCDs, and more — giving investors complete portfolio diversification across equity, debt, and alternative products. Overall, Zerodha ensures a comprehensive investment experience — from IPOs and mutual funds to derivatives and commodities — enabling investors to diversify effortlessly.
| Investment Offerings | Zerodha |
|---|---|
| Equity Cash and F&O | Yes |
| Currency Derivatives | Yes |
| Commodity | Yes |
| Online IPO Application | Yes |
| Mutual Funds | Yes |
| Bond / NCD | Yes |
| ETF | Yes |
| Banking | No |
| Insurance | No |
| Forex | Yes |
| MF SIP Investment | Yes |
| Equity SIP Investment | Yes |
| PMS Service | Yes |
| Other Investment Options | Yes |
Customer Support Offered
Explore the range of customer support services offered by Zerodha.
| Customer Support | Zerodha |
|---|---|
| 24/7 Customer Service | No |
| Email Support | Yes |
| Online Live Chat | Yes |
| Phone Support | Yes |
| Toll Free Number | No |
| Through Branches | Yes |
| Customer Care Number | 080 4718 1888 |
| Account Opening Process | Online/Paperless |
| Customer Support Email | [email protected] |
| Knowledge Center/Education | https://zerodha.com/z-connect/ |
| Head Office Address | Zerodha, #153/154, |
| Website | https://zerodha.com/ |
Research and Reports
| Research | Zerodha |
|---|---|
| Research Mutual Funds | Yes |
| Research Equity Reports | Yes |
| Research ETF | Yes |
| Daily Market Report | Yes |
| Free Tips | No |
| Quarterly Result Analysis | Yes |
| News Alerts | Yes |
Demat Account Charges
Zerodha offers a Demat account with CDSL as DP source. The annual maintenance charge (AMC) is ₹300, and transaction charges per ISIN are ₹40 per executed order. Services like demat, remat, and pledge creation are available for seamless securities management. Zerodha provides a full-featured Demat account with DP source as CDSL, AMC of ₹300 per year, transaction charge of ₹40 per executed order per ISIN, pledge creation charge of ₹30 + GST, demat charge of ₹15.34 per scrip, offering a complete and transparent experience for investors.
| Demat Charges | Zerodha |
|---|---|
| DP Source | CDSL |
| DP ID | 431-2019 |
| Demat Account Annual Maintenance Charges (AMC) | ₹300 |
| Advance Deposit | No |
| Transaction Charges on Debit (Per ISIN) | ₹40 per executed order |
| Demat | ₹15.34 per scrip |
| Remat | ₹15.34 per scrip |
| Pledge Creation | ₹30 + GST |
| Pledge Creation Confirmation | Yes |
| Pledge Closure | ₹30 + GST |
| Pledge Closure Confirmation | Yes |
| Pledge Invocation | ₹30 + GST |
| Failed Instruction Charges | ₹450 |
| Other Charges | Zero |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Zerodha |
|
|
User Experience with Zerodha
Account Opening Experience: Opening an account with Zerodha is completely online with Aadhaar-based eKYC. Most users report fast verification and smooth onboarding.
Brokerage & Cost Transparency: Intraday brokerage is ₹20 or 0.03%, making it competitive for active traders. Charges are displayed clearly before order confirmation, reducing confusion around hidden costs.
Trading Platform Experience: The mobile trading platform of Zerodha allows real-time execution, advanced charting, and instant portfolio tracking.
Advanced Features: Zerodha provides algorithmic trading support, margin trading facilities, detailed research reports, making it suitable for serious traders.
Customer Support Experience: With a customer service rating of 4.4/5, Zerodha offers support through multiple channels. Response time may vary during peak market hours.
Popularity & Trust: Zerodha serves approximately 796 lakhs active clients, reflecting strong market presence and investor trust.
Overall Verdict: Based on user feedback and platform usability, Zerodha holds an overall rating of 4.6/5. It is best suited for active traders and intraday investors.
FAQs on Zerodha Review
Yes, Zerodha is considered one of the safest brokers in India. It is a SEBI-registered stockbroker, a member of NSE, BSE, and MCX and has a strong track record of transparency and compliance.
Zerodha offers competitive brokerage charges. Typically, it charges Zero for equity delivery and intraday trades and ₹Yes for F&O trades, making it one of the most affordable brokers in India.
Zerodha provides multiple platforms for trading and investing including mobile and web platforms, offering a smooth, reliable, and user-friendly experience.
You can open an account with Zerodha online through an eKYC process. Online/Paperless Generally, the account gets activated within 24–48 hours once the documents are verified.
Yes, you can invest in direct mutual funds via Zerodha platform. It allows you to buy and manage all your mutual funds online without paying commissions.