Home -

Main body -

WikiFX Express

Zerodha

WikiFX | 2025-05-28 14:17

Abstract：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.

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	₹20 or 0.03% per executed order (lower of)	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	Instant
IMPS		₹0 (bank charges may apply)	Within 10 minutes
NEFT/RTGS		₹0 (bank charges may apply)	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

Broker Dealer

Related broker

No Regulation

Zerodha

Company name：Zerodha Broking Ltd.

Score

1.57

Website：https://zerodha.com/

5-10 years | Suspicious Regulatory License | Global Business | High potential risk

Score

1.57

IVY MARKETS Exposure: Traders Allege Illegitimate Fees, Blocked Withdrawal Orders & No Refunds

Did IVY Markets deduct unfair fees from your deposit amount? Has your forex trading account been deleted by the broker on your withdrawal request? Failed to withdraw your funds after accepting the IVY Markets deposit bonus? Did the broker fail to address your trading queries, whether via email or phone? Such issues have been affecting many traders, who have expressed their displeasure about these on broker review platforms. In this IVY Markets review article, we have investigated some complaints. Keep reading to know the same.

Original 2026-01-17 17:21

Zenstox Review: Do Traders Face Withdrawal Blocks & Fund Scams?

Does Zenstox give you good trading experience initially and later scam you with seemingly illicit contracts? Were you asked to pay an illegitimate clearance fee to access fund withdrawals? Drowned financially with a plethora of open trades and manipulated execution? Did you have to open trades when requesting Zenstox fund withdrawals? You have allegedly been scammed, like many other traders by the Seychelles-based forex broker. In this Zenstox review article, we have investigated multiple complaints against the broker. Have a look!

Original 2026-01-16 21:39

Smart Trader Exposure: Login Glitches, Withdrawal Delays & Scam Allegations

Did your Smart Trader forex trading account grow substantially from your initial deposit? But did the forex broker not respond to your withdrawal request? Failed to open the Smart Trader MT4 trading platform due to constant login issues? Does the list of Smart Trader Tools not include the vital ones that help determine whether the reward is worth the risk involved? Have you witnessed illegitimate fee deduction by the broker? These issues have become too common for traders, with many of them criticizing the broker online. In this article, we have highlighted different complaints against the forex broker. Take a look!

Original 2026-01-16 20:29

Investing24.com Review – Can Traders Trust the App Data for Trading?

Does trading on Investing24.com data cause you losses? Do you frequently encounter interface-related issues on the Investing24.com app? Did you witness an annual subscription charge at one point and see it non-existent upon checking your forex trading account? Did the app mislead you by charging fees for strong buy ratings and causing you losses? You are not alone! Traders frequently oppose Investing24.com for these and more issues. In this Investing24.com review article, we have examined many such complaints against the forex broker. Have a look!

Original 2026-01-16 19:17