Zerodha Alternatives: Updated for 2025
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 virtual account with some of the top Zerodha alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete review of Zerodha alternatives on the web
There's a lot of reasons Zerodha may not be a good fit for you. For whatever reason you are hunting for the top Zerodha alternative or Zerodha competitor with better services, we will always try to give you as much useful information so you can find what it is you need. Below you can discover the top Zerodha alternatives.
For each of our alternative to Zerodha, we also highlight the key differences to Zerodha and for each section show you the best competitors. For every Zerodha alternative online trading platform shown we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with Zerodha, discover some great alternative brokersbrokers|online trading platforms|brokerages.
Having a reputable and dependable trading platform is vital to having a successful trading career. All of the Zerodha alternative brokers listed in this Zerodha alternatives guide have good reputations and match 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 deposits of Zerodha competitors. Brokers have lower minimum deposits to get users to test them out, but having higher a minimum deposit isn’t necessarily a bad thing, it all comes down to your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Zerodha |
$0 | |
| freetrade |
$0 | |
| ThinkMarkets |
$0 | |
| Spreadex |
$0 | |
| XTB |
$0 |
Alternatives Offering Virtual Portfolio Accounts
Zerodha offers demo accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we list some of the best alternatives to Zerodha that have 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 is especially offered while the industry volatility prevents customers from letting their account go into the red. In a situation like this, Zerodha offers the ability to reset a clients account balance to zero.
You are able to go through the important terms and conditions on Zerodha's website to comprehend their policies better.
Below we show some of the best alternatives to Zerodha that offer 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 regrettably, does not provide guaranteed stop loss. Zerodha gives an opportunity for its dealers to close their trade at their given price. Apart from this, Zerodha does not offer guaranteed stop loss.
Below we detail some of the best 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 across the world select Zerodha due to their services that are trading. They offer trading on Web Trader, Tablet & Mobile apps which allow this.
Below we detail some of the best alternatives to Zerodha that offer scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Zerodha |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Zerodha do allow hedging. Several traders across the world choose Zerodha for their large range of services. They offer trading on Web Trader, Tablet & Mobile apps.
Below we list some of the top alternatives to Zerodha that allow hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Zerodha |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Unfortunately, Zerodha does not offer social trading.
Below we show some of the top alternatives to Zerodha that has 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 show some of the best alternatives to Zerodha that has copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Zerodha |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Zerodha To All Other Brokers