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Zerodha Guide – Read our In-Depth Zerodha Review

This Zerodha review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Zerodha review does not apply to US users.

This Zerodha review contains the latest information about Zerodha.

If you are a new entrant in the world of trading and broker, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You will get adept at all the concepts of brokerage since you keep trading. For starters, you have to select the ideal agent who'll be transparent with you constantly.

In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program will generate hefty returns. Zerodha is one such platform which will take you along with your investment to great heights. It is important to understand about Zerodha before you trust them with your money.

Zerodha review

Our entire Zerodha Review covers everything you need to know about trading with Zerodha. A good agent can multiply your first investments and give you favorable profits. If you want to make profits, you must trade with a broker service that contrasts with your investment goals.

There is no sure-fire method to guarantee profits; thus, you must carefully assess your broker before you choose them. It is a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.

Zerodha is a broker that has found its way successfully into the broker world. Within this review, we've tried to collate some of the vital aspects of Zerodha. This review can allow you to understand whether Zerodha is a fantastic match for your investments or not. We have attempted to breakdown all the features and fees for your advantage.

Zerodha Review, Table Of Contents

Who are Zerodha?

Zerodha is a foreign exchange broker headquartered in India and provides a range of tools for trading. Since its beginning in 2010, Zerodha has emerged as a top-tier player in the field of online brokerage. Zerodha has an extremely competitive and full-featured trading website that's focused on forex, indices, metals, stocks , commodities.

Over the past 11 years, Zerodha has grown into one of the leading online brokers.

After launching in 2010, their customer base is becoming as large as 1,500,000+ clients.

Zerodha is a favorite of many dealers because of its negative balance protection. Our Zerodha review found that they're an excellent alternative for automated trading solutions. It's most appropriate for investors that are looking for an assortment of assets. Social and automated trading solutions are the core at Zerodha.

Technology plays a significant role at Zerodha. Zerodha offers trading on Web Trader, Tablet & Mobile apps. Zerodha is fair, transparent, and also a well-regulated agent by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.

The educational section at Zerodha is quite enlightening for new traders since it allows them to get a closer look in the financial markets. Zerodha caters to all types of traders and are a must-have broker for any well-diversified method of trading.

Benefits of doing online trading with Zerodha?

Trading with Zerodha comes with numerous benefits. These benefits are what sets Zerodha apart from the rest of the online agents. You should check all the advantages listed so you have a better comprehension of Zerodha.

The broker goes to great lengths to understand what traders want. Consequently, the service price is low, quick, and convenient. The agent also gives a number of platforms for all kinds of traders. Zerodha ensures that the individual needs of all online traders are duly met.

Zerodha also includes excellent trading conditions that are available to only an elite class of institutional customers. The tight spreads and quick executions are a great advantage for those traders. The technology embraced by Zerodha is among the highest caliber, ensuring that it's fast, reliable, and efficient.

Zerodha acknowledges the significance of having a fast order execution. A fast implementation will allow users to exchange without worrying about slippage safely. It will also aid the traders to catch the maximum profitable opportunities.

Automated trading is another major facet of Zerodha. A new dealer can learn from industry experts using the automated trading option. The tight spread starts from as low as 0.0 pips, though they are offered for only razor balances.

Zerodha has over 5000 trading tools to support all types of traders. These tools are lively and suitable for both the new and experienced traders. The dealers can put aside all their concerns when trading using Zerodha.

Zerodha overview

Year Founded: 2010

Regulated By: Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange

Hedquarters: India

Minimum Deposit: $0

Number Of Clients: 1,500,000+

Your capital is at risk

If you feel that Zerodha is not right for you then at the bottom of this Zerodha review you wil find a lot of alternatives to Zerodha.

Everything you should know about trading using Zerodha

Zerodha is a dynamic platform that provides various techniques of online trading. These tools cover the financial markets substantially. Most of the brokerage platforms offer less approaches than Zerodha

If you would like to trade with Zerodha, you'll require a minimum deposit of $0. This deposit is compulsory if you would like to begin trading with Zerodha. This 2021 Zerodha review will guide you easily about trading with them.

Zerodha is as versatile as any other brokerage platform. Zerodha is great for traders who want a manageable array of low-cost services. The programs supplied by Zerodha are third party, white-label offerings. All traders can select from Web Trader, Tablet & Mobile apps.

Together with everything, Zerodha has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction must be kept available. The brokers offer premium customer service which rewards clients with advantages.

Many less reputable brokers try to pressurise customers into bigger financing for premium services. Zerodha, on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the greater benefits will come along.

Zerodha accounts are available all over the world and provides excellent service everywhere they have customers. There are only a select few countries where Zerodha accounts are not available. Traders in the following countries cannot open or use a Zerodha account:

Is Zerodha Safe To Trade With?

Established in 2010, Zerodha has been open for 11 years, they have a head office in India.

Zerodha is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. These figures have rules that make sure that trading platforms have steps in place to keep investor's assets secured. This usually means that Zerodha users don't need to be worried about their money as it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's private information as well.

You can make use of an option for Two Factor Authentications (2FA) with Zerodha for increased safety. An SMS for the confirmation code will be sent to your phone. You will be required to enter this code to log into your accounts.

Another concern with fiscal brokers is in regards to safety may be manipulation of trading. This is highly disadvantageous to users on those platforms. Nonetheless, this is much more widespread in the case of Market Maker brokers who compete with users on the stage.

Pro's & Con's Of Trading With Zerodha

Every online trading platform has some pros and cons Zerodha review would be complete without showing both sides. This Zerodha review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Zerodha Pro's

  • Zerodha is trusted by 1,500,000+ clients
  • Zerodha offers Negative Balance Protection
  • Zerodha doesn't charge withdrawal fees
  • Zerodha doesn't charge inactivity fees
  • Zerodha doesn't charge deposit fees
  • Zerodha doesn't charge CFD fees
  • Zerodha offer trading on Web Trader, Tablet & Mobile apps
  • Zerodha offer 5000 trading instruments
  • Zerodha offers trading on cryptocurrencies
  • Zerodha can communicate in English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, , Romana, Turkce, ߟ?, ??

Zerodha Con's

  • Zerodha does not offer Guaranteed Stop Loss
  • Zerodha doesn't trade major forex pairs
  • Zerodha doesn't trade minor forex pairs
  • Zerodha doesn't trade exotic forex pairs

Zerodha Review - Compare Brokers Similar To Zerodha

Zerodha DF Markets BCS Forex Charter Prime
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $0 $1 $100 $200
Year Founded 2010 2010 2016 2012
Headquarters India UK Cyprus Australia
Regulated By Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA)
Clients 1,500,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Your capital is at risk Losses can exceed deposits Your capital is at risk Your capital is at risk

Zerodha Review - Regulation And Licencing In More Detail

Zerodha is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

Zerodha, as a company, has a powerful set of rules for ensuring honest trading on its own platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, client data is to not be shared with some other institutions or individuals. Including credit history and other financial details.

Zerodha Review - Awards

    At the time of writing this Zerodha review, they had not received any awards.

Zerodha Review - Minimum Deposit Required

The minimum deposit that you need to begin on Zerodha is $0. This is an adequate amount for people just beginning. It's possible to make more complex deposits as you go along. However, ensure that you understand how to make the most of your money before investing in larger sums.

Zerodha Review - Commission And Fees Explained

Zerodha is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the number of customers they have.

But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three different types of fees for this purpose.

The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you're spending a spread, financing speed, or even a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people who are charged when you maintain a leveraged position for longer than a day.

Apart from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake on your account. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.

In general, Zerodha does not charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.

However, non-trading fees billed by Zerodha are relatively greater. As a result, you're charged more for non-trading actions on your trading account, like deposits and withdrawal. These are not related to the sale and purchase of assets.

This Zerodha review breaks down every one of the relevant non-trading charges for you in detail.

Compare broker fees against Zerodha

Zerodha DF Markets BCS Forex Charter Prime
Minimum Deposit $0 $1 $100 $200
Withdrawal Fees No No variable $30
Inactivity Fees No
Deposit Fees No variable
CFD Fees No Yes

Zerodha Review - Withdrawal Fees Explained

Zerodha doesn't charge withdrawal fees

Withdrawal of money is possible at any moment from your Zerodha account. You can withdraw sums up to the amount of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't always have to have any cash in your accounts.

Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Thus, if you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. Zerodha will ask you to provide other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you're choosing to draw in.

Zerodha Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your head while open an account with Zerodha. An inactivity fee is an amount charged to registered traders that haven't engaged in purchasing or selling for a while. The period regarded as inactive is decided by the broker.

The inactivity fee also differs from one agent to another and is not standardized. If a dealers account doesn't have a buying or selling trade, it is maintained by the broker as an inactivity fee. The traders need to pay this commission under conditions and terms they had agreed while registering.

Zerodha doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no fees are indicated by Zerodha, it's better that you close the account if you are inactive. Inactivity fees are not just charged by brokerage firms but also many financial services.

For additional trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is exposed to many conditions and should be disclosed clearly by the broker beforehand.

Zerodha Review - Deposit Fees Explained

When you move money in your trading account from your bank account, a deposit fee can be billed by the broker. Most agents don't charge too much money for this operation.

Zerodha doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Zerodha trading platform is easy. You simply need to finish a single-user profile survey to start depositing money into your trading account. You will need to provide an identity proof and proof of residency to deposit substantial sums.

Zerodha Review - Compare Broker Deposit Methods

Zerodha DF Markets BCS Forex Charter Prime
Minimum Deposit $0 $1 $100 $200
Credit Card No
PayPal No
Neteller No
Skrill No
Payoneer No

What Can You trade With Zerodha?

Note: Zerodha provides a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered may be different based on the country of residence of the client.

Zerodha has a wide variety of over 5000 instruments available for you to trade with.

If trading currency pairs is of interest to you then Zerodha offer over 0 forex pairs.

Compare Zerodha, DF Markets, BCS Forex & Charter Prime below.

Zerodha DF Markets BCS Forex Charter Prime
Platforms Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Desktop, iPhone/iOS MetaTrader 4
Instruments Available 5000 46 71
Forex & Crypto
Forex Pairs Available 0 80
Offers Major Forex Pairs? No Yes Yes Yes
Offers Minor Forex Pairs? No Yes No No
Offers Exotic Forex Pairs? No Yes No Yes
Offers Cryptocurrencies? Yes Yes No Yes
Commodity CFD's
Commodities Offered 14 12 0 0
Trade Metals? No Yes Yes Yes
Trade Energies? No No Yes Yes
Trade Agricultural? No No Yes Yes
Indiced & Stock CFDs
Stocks Offered 5000 12 0 0
Trade UK Shares? No Yes Yes No
Trade US Shares? Yes Yes Yes Yes
Trade German Shares? No Yes No No
Trade Japanese Shares? No Yes No No

Your capital is at risk

Losses can exceed deposits

Your capital is at risk

Your capital is at risk

Alternatives To Zerodha

If, after studying this Zerodha review, Zerodha does not fulfill your requirements check out these Zerodha alternatives.

We have scoured the internet to find the best alternatives to Zerodha. Click the hyperlinks below to find out more.

Frequently Asked Questions about Zerodha

Can I try Zerodha before I buy?

Yes, you can most certainly try Zerodha before you buy. Zerodha provides demo accounts for the ease of new traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.

If you sign up to get a demonstration account on Zerodha, you may set out using a decent amount of virtual currency. It's to establish a sense of safety and confidence in you before you choose to invest your own money.

With this digital Zerodhademo account, you are able to experiment in any way, to whatever length you desire. You might even open positions, test different trading strategies, and much more.

Zerodha specifies on its official site which you can trade real time stocks in a demo account.

Is Zerodha safe?

You can drop all of your worries since we believe that Zerodha is completely safe to use. It is in compliance with all the principles of Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

Nevertheless, Zerodha doesn't provide assured stop-loss protection.

Why does Zerodha ask for my passport?

The reason that Zerodha asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Zerodha has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Zerodha must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Zerodha?

The process to start trading withZerodha is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Zerodha website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Zerodha is $0. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Zerodha.

The best way to kickstart your trading career with Zerodha is to open a demo account facility before risking any real money

What funding methods do Zerodha accept?

There are a number of methods to fund your accounts with Zerodha. The process is effortless and quick, with different payment methods in your fingertips.

You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to bear in mind that PayPal isn't available in all country. The currencies Zerodha

Is my money safe with Zerodha?

Yes, your cash is safe and secure with Zerodha. As you already know, Zerodha operates with proper conformation to. It's established plenty of measures to protect all its investors.

Zerodha safeguards its clients' private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you want to further safeguard your accounts, it is possible to empower Two-Step Verification also. It requires an SMS affirmation for you to get your accounts.

Is Zerodha trading good?

Yes, trading via Zerodha is a nice and decent experience indeed. It is an excellent and intuitive platform with useful features for your ease. Moreover, you can even obtain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.

If you are still skeptical, you can start a eToro demo account and assess the credibility of the platform on your own.

Which Countries does Zerodha support?

Zerodha operates around the world. However, due to regulations there are some countries that Zerodha can't accept clients from

Is Zerodha legit?

Zerodha is a legit company headquarted in India since 2010. They are regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Zerodha is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Zerodha a good broker?

Zerodha is an excellent broker, and its own users may vouch for this. The highlight of the platform is its quick order execution on transactions.

You'll discover the clean design of the platform and the admirable features that a pleasure to work with.

Is Zerodha a trustworthy broker?

Yes, Zerodha is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 1,500,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Zerodha?

The minimum deposit to open a live account with Zerodha is $0

How long do Zerodha withdrawals take?

Normally, withdrawal of money from Zerodha is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Zerodha to show in your bank account.

Are Zerodha regulated?

Zerodha are regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange

Is Zerodha a market leading broker?

Zerodha is indisputably among the industry leaders. It supports over 1,500,000+ registered customers and over 11 years of experience on its own record. They are one of the world's top trading platforms and also a dominant figure in the Fintech revolution.

It majorly owes this standing to its incredible platform and broad range of resources plus tools so that you may invest in capital markets.

Is Zerodha a con?

No, Zerodha is not a con. They are regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange and must adhere to their rules. Thus, it is safe to say that Zerodha is not a scam.

Can you make money with Zerodha?

Using Zerodha, many traders make a great deal of cash. However, on average, through continual trading, you also can make between 2% - 10% profit a month.

This can look like a little number, but over the year, this adds to a substantial number of gains. While Zerodha supply you all of the tools to make money, they can't guarantee that you will gain.

Does Zerodha have fees?

Yes. To begin trading with Zerodha, you have to deposit $0. Certain commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.

When was Zerodha founded?

Zerodha was founded in 2010 in India. Zerodha is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

How many people use Zerodha?

Zerodha is a globally recognised agent with 1,500,000+ clients.

Where is the Zerodha head office?

Zerodha has its head office in India

Does Zerodha offer negative balance protection?

Yes, Zerodha has Negative Balance Protection. It is especially offered while the market volatility keeps customers from allowing their account go into the red. In such a scenario, Zerodha provides the ability to reset a clients account balance to zero.

You can go through the important terms and conditions on Zerodha's site to understand their policies better.

Does Zerodha offer guaranteed stop loss?

Zerodha regrettably, does not offer guaranteed stop loss. Zerodha provides a chance for its traders to close their trade at their given price. Apart from that, Zerodha doesn't provide guaranteed stop loss.

Does Zerodha allow scalping?

Yes, Zerodha do permit scalping. Several traders across the world choose Zerodha due to their services that are trading. They offer trading on Web Trader, Tablet & Mobile apps which let this.

Does Zerodha allow hedging?

Yes, Zerodha does allow hedging.

Can you trade energies with Zerodha?

No, unfortunately you cannot trade energy stock with Zerodha

Can you trade agricultural shares with Zerodha?

No, unfortunately you cannot trade agricultural stock with Zerodha

Can you trade cryptocurrency with Zerodha?

Yes, you can trade cryptocurrency with Zerodha

Can you trade metals with Zerodha?

No, unfortunately you cannot trade metals with Zerodha

Can you trade UK Shares with Zerodha?

No, unfortunately you cannot trade UK shares with Zerodha

Can you trade US Shares with Zerodha?

Yes, you can trade US shares with Zerodha

Can you trade Japanese Shares with Zerodha?

No, unfortunately you cannot trade Japanese shares with Zerodha

Can you trade German Shares with Zerodha?

No, unfortunately you cannot trade German shares with Zerodha

Does Zerodha accept bank transfers?

Yes, Zerodha accepts bank transfers for depositing money.

Does Zerodha accept credit cards?

No, Zerodha does not accept credit cards.

Does Zerodha accept PayPal?

No, Zerodha does not accept PayPal.

Does Zerodha accept Skrill?

No, Zerodha does not accept Skrill.

Does Zerodha accept Payoneer?

No, Zerodha does not accept Payoneer.

Does Zerodha accept Neteller?

No, Zerodha does not accept Neteller.

Does Zerodha offer Live Chat customer support?

Yes, Zerodha offers customer support through live chat.

Does Zerodha offer phone customer support?

Yes, Zerodha offers customer support over the telephone.

Does Zerodha offer email customer support?

Yes, Zerodha offers customer support through email.

What languages can Zerodha communicate in?

Zerodha has the ability to communicate and support customers who speak: English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, , Romana, Turkce, ߟ?, ??

Does Zerodha have a wikipedia page?

No, Zerodha does not have an official wikipedia page.

Does Zerodha offer demo accounts?

Yes, Zerodha offers demo accounts so you can learn their systems before risking any real money.