Zerodha Alternatives: 2025 Update
This alternatives to Zerodha guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Zerodha to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Zerodha like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their users. If you feel that Zerodha is not quite right for you then it would be worth getting a demo account with a range of the top Zerodha alternatives and check if they are a better fit for you before moving any money around.
The most complete review of Zerodha alternatives online
There's many reasons Zerodha may not be a good fit for your trading needs. For whatever reason you are looking for the best Zerodha alternative or Zerodha competitor with similar services, comparebrokers.org try to give you as much helpful information so you can make an informed decision. Below you can find the best Zerodha alternatives.
For each of the alternative to Zerodha, we also highlight the key differences to Zerodha and for each section show you the best alternatives. For each Zerodha alternative trading platform listed we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with Zerodha, we can show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Having a reputable and dependable trading platform is important for your trading success. All of the Zerodha alternative brokers we list in this Zerodha alternatives guide have good reputations and fit what you are looking for.
Alternatives With Lower Minimum Deposit
Zerodha has a minimum desposit of $0, you should see how the minimum deposit requirements of Zerodha compare with the minimum deposit requirements of Zerodha competitors. Brokers have lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Zerodha |
$0 | |
| freetrade |
$0 | |
| ThinkMarkets |
$0 | |
| Spreadex |
$0 | |
| XTB |
$0 |
Alternatives Offering Demo Accounts
Zerodha offers virtual portfolio accounts so you can learn their systems before risking any real capital. New traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before signing up for a live account.
Below we detail some of the best alternatives to Zerodha that offer demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Zerodha |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Zerodha offers negative balance protection. It's specially offered while the industry volatility keeps customers from letting their account go in the red. In a situation like this, Zerodha provides the ability to reset a clients account balance to zero.
You should go through the critical terms and conditions on Zerodha's website to understand their policies better.
Below we list some of the best alternatives to Zerodha that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Zerodha |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Zerodha unfortunately, doesn't offer guaranteed stop loss. Zerodha provides a chance for its traders to close their trade in their given price. Aside from this, Zerodha does not offer guaranteed stop loss.
Below we show some of the top Zerodha alternatives that has guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Zerodha |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Zerodha do permit scalping. Many traders throughout the world choose Zerodha for their scalping services. They offer trading on Web Trader, Tablet & Mobile apps which let this.
Below we detail some of the top alternatives to Zerodha that offer scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Zerodha |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Zerodha do allow hedging. Many traders across the world choose Zerodha due to their hedging services. They offer trading on Web Trader, Tablet & Mobile apps.
Below we show some of the best alternatives to Zerodha that allow hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Zerodha |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Regretably, Zerodha does not offer social trading.
Below we detail some of the top alternatives to Zerodha that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Zerodha |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Unfortunately, Zerodha does not offer copy trading.
Below we detail some of the best Zerodha alternatives that have copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Zerodha |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Zerodha To All Other Brokers