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Zerodha

Zerodha

3.8✅ SEBI RegisteredDiscount BrokerBest for: Beginners & Long-Term Investors

Zerodha is India's largest stock broker, offering retail and institutional brokerage, currencies, and commodities trading. Known for pioneering the discount brokerage model in India and building world-class trading technology.

No paperwork required. 100% digital onboarding.

Founded

2010

Headquarters

Bengaluru

Type

Discount

Users

1.5 Cr+

Segments

Equity, F&O

Business Model

Zerodha operates on a Volume-Based Discount Brokerage model. Unlike traditional brokers who charge a percentage of your trade value, Zerodha charges a flat fee regardless of the transaction size.
  • Technology-first infrastructure to keep overheads low.
  • Revenue primarily from Intraday & F&O volumes.

Pricing Breakdown

Live Rates
Service TypeChargesNotes
Equity Delivery₹0
Free for lifeMOST POPULAR
Intraday Trading₹20/order
Lower of ₹20 or 0.03%
F&O Trades₹20/order
Flat rate for options & futures
AMC (Annual Maintenance)₹300/year
Billed quarterly (₹75 + GST)

Ecosystem & Platforms

4.9

Kite Web

Fast, light, and powerful HTML5 trading platform.

4.7

Kite Mobile

The flagship mobile app for Android and iOS devices.

REST API

Kite Connect

Build your own trading terminal using our APIs.

4.6

Console

The central back-office dashboard for portfolio analytics.

Pros & Cons

Pros

  • No brokerage on delivery trades.
  • Most intuitive trading interface.
  • Robust educational platform (Varsity).

💔 Cons

  • No direct tips or research reports.
  • Occasional technical glitches during peaks.
  • Higher AMC compared to some brokers.

Detailed Performance Metrics

Reliability98%
Ease of Use95%
Support82%
Transparency99%

Safety & Regulation

Zerodha is a SEBI registered broker and member of NSE, BSE, and MCX. Your funds and securities are protected by industry-standard protocols.

SEBI REG NO.

INZ000031633

🔐

2FA ENABLED

Bio-metric + TOTP

🏦

FUND SAFETY

Direct Bank Transfer

Reviews

Changed the way I trade. Kite is effortlessly fast. No clutter, just what you need to execute.

Rahul M.

Active Trader Since 2018

Best for long term investments. The zero brokerage on delivery is a game changer for SIPs.

Priya S.

Investor Since 2021

Console analytics are incredible. Really helps me visualize where my money is going.

Vikram K.

Professional Trader