Zerodha Review

4.618,420 user reviews· Discount broker

India's largest discount broker, known for a clean platform and flat-fee pricing.

Overview

Founded: 2010
Customer base: 75 lakh+
Broker type: Discount
Exchanges: NSE, BSE, MCX
Trading platforms: Android, iOS, Web, API
Research: Limited
Customer support: Good
App rating: 4.4 / 5

Brokerage & Charges

Last updated 12 Aug 2026

Equity delivery	Zero
Equity intraday	0.03% or ₹20 / order (lower)
Futures	0.03% or ₹20 / order (lower)
Options	₹20 per order
Currency	0.03% or ₹20 / order
Commodity	0.03% or ₹20 / order
Account opening	₹200
Annual maintenance (AMC)	₹300 per year
DP charges	₹13.5 + GST per scrip (sell)
Call & trade	₹50 per order
Minimum balance	None

Charges can change at any time and may differ by plan or segment. Verify the broker's current official tariff sheet before opening an account.

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Features & Products

Stocks

Mutual Funds

IPO

ETFs

Bonds

F&O

Commodity

Currency

Research

Algo/API

Margin Trading

Kite platform
Coin for direct mutual funds
Console reporting
Kite Connect API
Basket orders
GTT orders

Pros

Zero delivery brokerage
Fast, uncluttered trading platform
Strong educational content

Cons

Limited research recommendations
Phone support can be slow at peak hours

User Reviews

Rahul M.

Order placement is quick and the app rarely lags at market open.

42 found this helpful

Sneha K.

Charges are transparent. Support took a day to respond but resolved my issue.

18 found this helpful

Arun P.

Good for delivery investing, but I would like deeper research reports.

9 found this helpful

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