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HomeBrokersZerodha Review
Z

Zerodha Review 2026

4.7/528,400 reviewsDiscount Broker
Equity Delivery
Zero brokerage
Equity Intraday
₹20 or 0.03% (whichever is lower)
Account Opening
Free (Digital)
Annual Maintenance
₹300/year (Demat)
IPOGenie Rating
4.7/5
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About Zerodha

Zerodha pioneered the discount brokerage revolution in India when it launched in 2010. The company's mission was simple: make stock market participation accessible and affordable for every Indian. Today, Zerodha processes over 15% of India's daily retail trading volume and has become synonymous with low-cost investing. Its technology platform Kite is widely praised for speed, simplicity, and reliability. Zerodha remains bootstrapped and profitable — a rare feat in Indian fintech.

Zerodha — Pros & Cons

Pros

  • India's largest broker with 1.3 crore+ active clients
  • Zero brokerage on equity delivery — ideal for investors
  • Kite is widely regarded as India's best trading platform
  • Transparent pricing with no hidden charges
  • Strong customer support and educational content via Varsity

Cons

  • No 3-in-1 account — bank and demat are separate
  • Subscription data and research reports require separate tools
  • Call & trade charges apply (₹50 per call)
  • No futures spread orders in commodity

IPOGenie's Zerodha Review

Zerodha remains the gold standard for Indian retail traders and investors. The zero-brokerage model for equity delivery, combined with the excellent Kite trading platform, makes it our top pick for both beginners and active traders. The company's commitment to transparency and investor education through its Varsity platform further sets it apart. Minor drawbacks like the absence of a 3-in-1 account are easily managed. Rating: 4.7/5 — Highly Recommended.

Zerodha Brokerage Charges 2026

SegmentBrokerage
Equity DeliveryZero brokerage
Equity Intraday₹20 or 0.03% (whichever is lower)
Equity F&O₹20 per executed order
Mutual FundsZero (Direct MF)
Account OpeningFree (Digital)
Annual Maintenance (Demat)₹300/year (Demat)

FAQs — Zerodha

Is Zerodha safe for investing?
Zerodha is a SEBI-registered stockbroker and member of NSE and BSE. Your investments are held in your Demat account, separate from the broker. SEBI's Investor Protection Fund provides additional safety net. Zerodha has been operating since 2010 with a strong track record.
How to open a Zerodha account?
Opening a Zerodha account is entirely digital and takes about 10-15 minutes. You need: PAN card, Aadhaar card, bank account details, and a smartphone with a camera for video KYC. Visit the official website or app, fill in your details, complete KYC, and your account is typically activated within 24 hours.
Can I apply for IPOs through Zerodha?
Yes. Zerodha supports IPO applications through UPI ASBA. Simply log into your account, navigate to the IPO section, select the IPO, enter the quantity and UPI ID, and approve the mandate on your UPI app. The application amount is blocked (not debited) until allotment.
What trading platforms does Zerodha offer?
Zerodha offers the following trading platforms: Kite Web, Kite Mobile, Console, Coin (MF). These are available on web browser, iOS, and Android.