Basic Information
Registered Region 
India
IndiaOperating Period
5-10 years
Company Name
Zerodha Broking Ltd.
Customer Service Email Address
complaints@zerodha.com
Contact Number
+9108047181888
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
Zerodha
India
|
5-10 years
|
Suspicious Regulatory License
|
Global Business
|
High potential risk
https://zerodha.com/
Website
Rating Index
Influence
Influence
AAA
Influence index NO.1
India 9.92Surpassed 15.70% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+91 080 4718 1888
press@zerodha.com
https://zerodha.com/
Zerodha, #153/154, 4th Cross, J.P Nagar 4th Phase, Opp. Clarence Public School, Bengaluru - 560078
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
News
Wiki Q&A
Comment
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Website
zerodha.com
104.16.215.247Server LocationICP registration--Most visited countries/areas--Domain Effective Date2010-02-17WebsiteWHOIS.GODADDY.COMCompanyGODADDY.COM, LLC
Genealogy
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Relevant Enterprises
ZERODHA BROKING LIMITED(India)
Active
India
Registration No. U65929KA2018PLC116815
Established
Related sources Website Announcement
Employees
Company Summary
| Zerodha Review Summary | |
| Founded | 2010 |
| Registered Country | India |
| Regulation | No regulation |
| Market Instruments | Stocks, Derivatives (F&O), Mutual Funds, ETFs, Bonds, IPOs |
| Demo Account | ✅ |
| Trading Platform | Kite, Console, Coin, Kite Connect API, Varsity Mobile |
| Minimum Deposit | ₹1 |
| Customer Support | Phone: 080 4719 2020 / 080 7117 5337 |
| Email (Emergency) : stoptrade@zerodha.com | |
| Email (Media): press@zerodha.com | |
| Address: Zerodha HQ: #153/154, 4th Cross, J.P. Nagar 4th Phase, Bengaluru - 560078 | |
Zerodha Information
Founded in 2010, Indian brokerage company Zerodha provides inexpensive access to equities, F&O, ETFs, bonds, and mutual funds. It is not governed worldwide and offers no FX services. Retail investors like its platform ecosystem—Kite, Console, Coin—because of simple use and open pricing.
Pros and Cons
| Pros | Cons |
| Zero brokerage on equity delivery | No regulation |
| ₹20 flat fee for intraday and F&O trades | No Islamic (swap-free) account support |
| Demo accounts available |
Is Zerodha Legit?
Zerodha has no licenses from major international authorities including the FCA, ASIC, or CySEC and is unregulated for forex trading in its registered country, India.
WHOIS data shows that zerodha.com was registered on February 17, 2010, updated on September 20, 2023, and expires in 2033. The domain is operational and protected, but not regulated.
What Can I Trade on Zerodha?
Zerodha's all-inclusive online investing system lets users buy bonds, ETFs, mutual funds, stocks, derivatives, and more all from one interface.
| Trading Instruments | Supported |
| Stocks | ✔ |
| Derivatives (Futures & Options) | ✔ |
| Mutual Funds | ✔ |
| ETFs | ✔ |
| Bonds | ✔ |
| IPOs | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
Account Type
Real trading (demat) accounts from Zerodha suit different investor types. Since it's not a forex broker, it offers a fully working demo environment on platforms like Kite for strategy testing but no Islamic (swap-free) accounts. All account categories offer equity, F&O, mutual funds, and IPOs on a common platform with low fees.
| Account Type | Suitable for |
| Individual Account | Retail investors and traders looking to invest/trade personally |
| HUF Account | Hindu Undivided Families aiming for tax-efficient investing |
| NRI Account | Non-resident Indians investing in Indian markets (equity, MF) |
| Minor Account | Guardians investing for childrens financial future |
| Corporate / LLP / Firm | Businesses managing surplus and investments |
Zerodha Fees
With no brokerage on equity delivery and flat ₹20 or less per order for intraday and F&O transactions, Zerodha provides a fair fee structure. Its costs are cheap and very clear compared to industry standards, which makes it one of the most affordable brokers in India for aggressive traders as well as long-term investors.
Zerodha Trading Charges
| Segment | Brokerage | Notes |
| Equity Delivery | ₹0 | Absolutely free |
| Equity Intraday | ₹20 or 0.03% per executed order (lower of) | Applies across equity, currency, and commodities |
| Futures | Applicable on equity/currency/commodity futures | |
| Options | Flat ₹20 per executed order | No percentage-based fee |
| Mutual Funds | ₹0 | Direct MF investments, no commissions or DP charges |
Other Key Trading-Related Fees
| Fee Type | Amount |
| SEBI Charges | ₹10 per crore |
| GST | 18% on brokerage + SEBI + transaction charges |
| Transaction Charges | Varies by exchange and segment (e.g. 0.00375% for BSE equity delivery) |
| STT/CTT | Government tax; varies by segment (e.g. 0.1% on buy/sell in equity delivery) |
| Stamp Duty | 0.015% on buy side for equity delivery, varies by segment |
| Call & Trade | ₹50 per order (placed through dealer) |
Non-Trading Fees
| Fee Type | Amount |
| Account Opening | Online: ₹0, NRI & Corporate: ₹500 |
| Annual Maintenance (AMC) | ₹300/year + GST (free for BSDA accounts < ₹4 lakh holding) |
| DP Charges (on sell) | ₹15.34 per scrip (CDSL + Zerodha + GST) |
| Withdrawal Fee | ₹0 |
| Inactivity Fee | ₹0 |
| Payment Gateway (deposit) | ₹9 + GST (waived for UPI) |
| Margin Interest (MTF) | 0.04% per day |
| Pledging / Unpledging | ₹30 + GST per ISIN |
| Delayed Payment Charges | 18% annual or 0.05% per day |
| Corporate Action Order | ₹20 + GST per order (OFS, buyback, etc.) |
| Off-market Transfer | ₹25 per transaction |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Kite | ✔ | Web, Android, iOS | Active traders seeking fast execution and charting |
| Console | ✔ | Web | Investors needing reports, analytics, and account view |
| Coin | ✔ | Web, Android, iOS | Mutual fund investors looking for zero-commission buys |
| Kite Connect API | ✔ | Web (API integration) | Developers, fintech startups |
| Varsity Mobile | ✔ | Android, iOS | Beginners learning trading and investing |
Deposit and Withdrawal
Withdrawals are free and Zerodha charges no deposit fees. Though the suggested sum may change based on trading requirements and segment (equity, commodities, etc.), the minimum deposit is ₹1.
Deposit Options
| Deposit Method | Minimum Deposit | Deposit Fees | Deposit Time |
| UPI | ₹1 | ₹0 | Instant |
| Payment Gateway | ₹9 + 18% GST | ||
| IMPS | ₹0 (bank charges may apply) | Within 10 minutes | |
| NEFT/RTGS | Within 2 hours | ||
| Cheque | – | ₹0 | 3–5 working days |
Withdrawal Options
| Channel | Minimum Withdrawal | Withdrawal Fees | Withdrawal Time |
| Via Console/Kite | No fixed minimum | ₹0 | Within 24–48 hrs depending on cut-off time |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Global Business
- High potential risk
News
Exposure Zerodha Regulation Check: Risks for Traders
Zerodha operates without valid regulation, posing high risks for traders. Learn the implications, risks, and compliance gaps in this in-depth analysis.
Exposure Zerodha Scam: Investor Loses ₹3.5 Lakh ! Spot the Red Flags & Protect Yourself
Indian investor Maryam Khan, 35, was scammed out of nearly ₹35 Lakh in a fraudulent stock investment scheme orchestrated by individuals impersonating the legitimate financial firm Zerodha. The scam began when Khan came across a Facebook Reel on July 4 promoting fake investment opportunities. After contacting the WhatsApp number listed in the ad,
News Zerodha gives back to society through Zerodha Cares! Read this before investing
Zerodha is not limited to stock or forex market but it also fulfills its social responsibility. As part of its CSR initiative, Zerodha Cares, it gives back to society.
Exposure Zerodha’s Hidden Risks: Why This Discount Broker May Cost You?
Zerodha is a discount broker that has been facing serious challenges with fraud, downtimes, and bad user experiences. There have also been technical glitches and wide-scale money scandals involving the platform, raising concerns about its operations and reliability.
News Explore the Unique features of Zerodha, BOI & HDFC Bank
Have you heard these names before? They are popular Indian firms. They offer services not just to India but also to other countries. You can begin your journey with any of these brokers, but before you begin, discover the unique features of them.
News Technical Glitch in Zerodha’s System for the third time in three months
Zerodha, the discount brokerage firm, experienced technological difficulties but resolved the problem within an hour. This is the second time in a month that the firm has encountered similar technical difficulties.
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Wiki Q&A
Imranali Khatri 
1-2 years
Can I know the details about Zerodha fees?
Zerodha offers competitive and transparent pricing. There’s zero brokerage on equity delivery, which is fantastic for long-term investors. For Zerodha trading, there’s a ₹20 flat fee for intraday and F&O trades, which I find to be very cost-effective compared to other brokers. However, for some services like call and trade, there are additional charges.
Broker Issues
Fees and Spreads
07-21
United States
Sanford
1-2 years
What trading instruments are available on Zerodha?
Zerodha offers a wide range of instruments including stocks, derivatives (F&O), mutual funds, ETFs, and bonds. However, it does not support forex or commodities trading, so it’s not suitable for traders looking to trade in those markets. For Zerodha trading, it’s a good choice for stock and derivative investors.
Broker Issues
Platform
Instruments
Leverage
Account
06-09
United States
Phoebe Yao
1-2 years
Is Zerodha a legit broker?
Zerodha is a legitimate broker in India, but its lack of global regulation means that its operations might be limited to the Indian market. Personally, I feel comfortable using Zerodha for domestic trading in India, but I wouldn’t rely on it for international investments, as the big boss review mentions the importance of proper regulatory oversight.
Broker Issues
Regulation
06-09
United States
x1250
1-2 years
What are the pros of Zerodha?
One of the major pros of Zerodha, in my experience, is its zero brokerage on equity delivery, which can be a great advantage for long-term investors like myself. Additionally, Zerodha trading platforms like Kite and Console are incredibly user-friendly, and the low minimum deposit of ₹1 makes it very accessible to new traders.
Broker Issues
Regulation
05-28
United States
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