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Zerodha Review 2026

Discount Broker
4.5/5·67.9 L+ active clients·Est. 2010·Bengaluru, Karnataka

Zerodha is the largest stock broker in India, with over 1.8+ crore customers placing billions of orders every year through its investment platforms.

Founded
2010
HQ
Bengaluru, Karnataka
Active Clients
67.9 L+
A/C Opening
FREE
AMC
₹300/yr

About Zerodha

Zerodha is the largest stock broker in India, with over 1.8+ crore customers placing billions of orders every year through its investment platforms. Zerodha started its operations on 15th August, 2010, to fill the gap between traders and investors by offering a platform with low charges, long-term support, and easy-to-use technology.

Zerodha is one of the largest Online brokerage platforms offering flat-fee discount brokerage services for investing in stocks, derivatives, mutual funds, ETFs, IPOs, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.

Today, its low-cost pricing model and in-house technology make Zerodha the best stock broker. It has built a wide range of Sleek, modern, and intuitive trading platforms for its investors, including Kite for trading, Console for trading reports and visualisations, Coin to buy direct mutual funds online, Kite Connect API to build its own trading applications, Varsity mobile for stock market lessons, and Trading Q&A. 

Brokerage Charges

Trading SegmentBrokerage Fee
Equity Delivery₹0 (Free)
Equity Intraday₹20.00
F&O - Futures₹20.00
F&O - Options₹20.00

Trading Margins & Leverage

F&O
1x
Max Leverage
EQUITY DELIVERY
1x
Max Leverage
EQUITY INTRADAY
5x
Max Leverage

Pros

  • Offers free demat account opening
  • The oldest and most trusted brokerage platform
  • Zero charges to open a trading account

Cons

  • Complex platform for beginners
  • Zero brokerage on equity delivery, but statutory charges and DP charges may apply

Key Features

It is India’s largest stock brokerage.
It has over 1.8+ crore clients who place billions of orders every year
It offers ?0 brokerage fees on Equity and direct mutual fund investments
It provides ?0 commissions & DP charges on direct mutual funds
It is a zero-debt company
It charges a flat ?20 on all option trades, 60% to 90% less than traditional brokers.
Disclaimer: The details provided for Zerodha are for informational and educational purposes. Brokerage fees, margin limits, and account charges are determined by the broker and subject to regulatory guidelines. Please verify the latest tariff sheets and terms directly on the official Zerodha website before investing.