All Brokers/🇮🇳 IN/Zerodha

Zerodha

🇮🇳 IN

Featured

India's largest discount broker with zero brokerage on delivery

SEBI

Since 2010

8.1M+ users

Trust Score

4.5

Overview

Zerodha is India's largest discount broker, known for its robust Kite platform and zero brokerage on delivery trades. Ideal for self-directed traders who value technology and low costs.

Best For

Active traders

Long-term investors

Algo traders

Not Ideal For

Beginners needing hand-holding

NRIs wanting full support

Pros

Zero brokerage on equity delivery trades
Industry-leading Kite platform with advanced charts
Excellent API for algo trading
Large community and educational resources (Varsity)
Direct mutual fund investments via Coin

Cons

Customer support can be slow during peak hours
₹300 annual maintenance charge
No US stock trading
Research reports are basic compared to full-service brokers

Fees & Pricing

Stock Delivery

Free

Intraday

₹20 or 0.03%

Options

₹20/executed order

Futures

₹20 or 0.03%

Mutual Funds

Free

Account Fees

Free

Account Opening

₹300

Annual Maintenance

Free

Inactivity Fee

Features & Platforms

Trading Platforms

Web (Kite)

iOS

Android

Desktop (Pi)

Available Instruments

Stocks

ETFs

Options

Futures

Bonds

IPOs

API Access

Paper Trading

Copy Trading

Research Tools

IPO Access

Mutual Funds

US Stocks

Margin Trading

Ratings

Overall4.5/5

Ease of Use4.5/5

Fees5/5

Platforms4.5/5

Research4/5

Support3.5/5

Regulation

Tier 1

SEBI

Securities and Exchange Board of India

🇮🇳 IN

Trust & Recognition

Founded2010

Active Users8.1M+

Market Share16.75%

Trustpilot

3.8(5,200)

Awards

🏆 Best Retail Broker 2024

🏆 India's Most Trusted Broker

Open an Account

Min. Deposit: Free

Last updated: December 1, 2024