Zerodha

Zerodha Review for traders in India: SEBI-regulated, India's largest broker with zero delivery brokerage

Zerodha is the benchmark for low-cost investing in India — SEBI-regulated, with zero brokerage on equity delivery and a flat fee structure that has disrupted the market. The Kite platform is among the best in India. The trade-off: no investment advisory or relationship manager support. For self-directed investors who know what they're doing, it's hard to beat.

Consensus Rating

The rating evaluates 42 key factors, from regulation and costs to execution, product offering and support. The score combines analysis from multiple experts and competitor comparisons to provide an aggregated and balanced assessment. This reduces individual bias and offers a more reliable reference for broader market consensus.

Alternative Provider

AvaTrade

India has a large and growing retail trading community with a strong appetite for global markets. AvaTrade's 1,260+ instrument range — including vanilla options and futures alongside standard forex and CFD products — gives experienced Indian traders more to work with than most offshore alternatives, and the AvaTradeGO app handles mobile access cleanly.

Review

AvaTrade

Zerodha is India's largest stockbroker by active client count, founded in 2010 and regulated by SEBI (Securities and Exchange Board of India). Zerodha pioneered the discount brokerage model in India, offering zero brokerage on equity delivery trades and flat-fee intraday and F&O trading. It provides access to NSE and BSE listed equities, derivatives, mutual funds, bonds, and IPOs through its flagship Kite platform. With over 13 million clients, Zerodha has transformed retail investing in India.

Available locally?

Foundation

2010

Minimum Deposit

INR 0

HQ

Payment Methods

Regulators

SEBI

Trades at the Stock Exchange?

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How to Open an Account

1. Go to the official website >

Visit the app's official website (or download it from the App Store/Google Play) to get started from a trusted source.

2. Open an account

Register, enter your basic information, and set up secure login. If available, enable two-factor authentication for extra protection.

3. Verify your identity

Complete the verification process with the required documents, such as an ID card or passport, and proof of residence (e.g., an electricity bill or bank statement).

4. Add funds

Choose how to use the service: bank transfer, card, or linked account (depending on the app). Check fees, limits, and processing times before confirming, as they may vary.

5. Make your first transaction

Find the function you need in the app, set the amount or limit (if applicable), and confirm.