zerodha review discount broker

Zerodha - The discount broker review

Zerodha, founded in 2019 by Nitin Kamath, is the biggest discount broker in India. It has over +1 million clients and contributes to over 10% of daily retail trading volumes across the Indian Stock Market. It’s mobile app ‘KITE’ has got over +1,000,000 download on the play store.

Zerodha Review: Brokerage Charges

Here are the brokerage charges offered by Zerodha

– Free equity delivery

All your equity delivery investments (NSE, BSE), absolutely free — ₹0 brokerage.

– ₹20 intraday equity and F&O trades

₹20 or 0.01% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades across NSE, BSE, and MCX.

Account Opening Charges:

For opening a trading and demat account at Zerodha, here are the charges:

  • Equity Trading Account: ₹300
  • Commodity Account:₹200

The annual maintenance charge (AMC) for the demat account is Rs 300.

Note: You can read this detailed post to learn how to open your demat and trading account at Zerodha.

Advantages of Using Zerodha:

  1. Zero Brokerage Charges for Delivery
  2. Flat Charge for Intraday Trading
  3. No minimum balance required to open Zerodha trading account
  4. Minimalistic, intuitive, responsive web-based trading platform Kite
  5. Other products like Coin, Small case, etc.

Disadvantages of using Zerodha:

  1. GTC/GTD options not available
  2. 3-in-1 account (Saving+Demat+Trading) not available.
  3. Call and trade not free for the customers.
  4. Online IPO investment through KITE app is not available.

Note: You can read the complete Zerodha review here.


Zerodha offers a brokerage of Flat ₹20 irrespective of the trading volume. Therefore, you can save a lot of brokerage charges on your trades using this discount broker Zerodha as your broker. Further, they also offer different educational initiatives which can be beneficial for the beginners.


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