Zerodha Review

India's largest and most trusted discount stock broker.

9.8 / 10

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Offer: 10% brokerage sharing + 300 reward points

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Background

Started in 2010, Zerodha revolutionized the Indian broking industry by introducing the discount pricing model.

Who Should Choose Zerodha?

Beginners, long-term investors, and active traders wanting a clean UI without clutter.

Charges Breakdown

Account OpeningFree
Equity DeliveryRs 0
IntradayRs 20 or 0.03%
F&ORs 20 per order
CommodityRs 20 per order
AMC (Annual)Rs 300 / year
Other ChargesDP charges Rs 15.93 per script

Trading Platforms

  • Web Platform: Modern, fast, browser-based trading platform with TradingView charts.
  • Mobile App: Highly rated mobile app available on iOS and Android with biometric login.
  • Desktop Terminal: Installable desktop terminal for high-frequency traders.

Key Features

Margin Facility
Research Tools
API Access
Advanced Charts

Pros

  • Cleanest UI in the industry (Kite)
  • Zero brokerage on equity delivery
  • Massive educational ecosystem (Varsity)

Cons

  • No research tips or recommendations
  • Occasional glitches on high volatility days

The Final Verdict

9.8out of 10

Who Should Avoid: Traders who need hand-holding or dedicated relationship managers.