Zerodha review
Long-term, DIY investors who want free equity delivery, a clean fast app, and low flat-fee intraday/F&O without cross-selling. Charges verified as of Jun 2026.
By NexMaxo Editorial Team · Charges verified Jun 2026 · standard published equity plan
The “Open account” link may be an affiliate link — we may earn a commission at no extra cost to you, and it never affects this review. How we make money →
Zerodha charges at a glance
Open account- Equity delivery
- ₹0 brokerage
- Intraday
- ₹20 or 0.03%, lower
- DP sell / scrip
- ₹15.34
- Account opening
- ₹0 (online individual)
- Demat AMC
- ₹0 first year, then ₹300 + GST (₹354)/yr
- Type
- Discount
Platforms: Kite (web/app), Console, Coin (direct MFs), Kite Connect API, Varsity
Pros & cons
- Zero brokerage on equity delivery + flat ₹20-or-lower intraday/F&O — among the cheapest, fully transparent pricing
- Largest retail broker by active clients, with the well-regarded, stable Kite platform
- First-year demat AMC free and ₹0 online account opening; no pushy in-app cross-selling or relationship managers
- Strong ecosystem: free Varsity education, Console reporting, Coin for commission-free direct MFs, Kite Connect API
- No 3-in-1 account (no in-house bank); funds move via UPI/payment gateway rather than a linked savings account
- Kite Connect API is paid (≈₹500/mo); no built-in research, stock tips or analyst recommendations
- Call-and-trade and broker square-off orders cost an extra ₹50 per order
- Demat AMC of ₹300 + GST/yr from year two (non-BSDA); intraday isn't truly flat — 0.03% applies below ≈₹66,700 order value
Compare Zerodha
Zerodha — FAQs
As of Jun 2026, Zerodha charges ₹0 brokerage on equity delivery and ₹20 or 0.03%, lower on intraday, plus a DP charge of ₹15.34 per scrip on every delivery sell. Statutory charges (STT, exchange, SEBI, stamp duty, GST) are the same across all brokers. Confirm current rates on the official charges page.
No — Zerodha offers ₹0 brokerage on equity delivery. You still pay the per-scrip DP charge (₹15.34) when you sell, plus statutory charges, which every broker levies.
₹0 first year, then ₹300 + GST (₹354)/yr. AMC is a recurring fee to keep your demat account active; a BSDA (Basic Services Demat Account) can reduce it to ₹0 for small holdings. Confirm the current AMC on the broker's site.
Zerodha is a SEBI-registered broker and exchange member. Your shares aren't held by the broker — they sit in your name with the depositories (CDSL/NSDL), so they're protected even if the broker has issues. Keep your login secure and verify holdings in your CDSL/NSDL statement.
This is an informational review of published charges, not investment advice or a recommendation to open an account. Charges are the standard equity plan verified as of Jun 2026; brokers change pricing and run promotions, so confirm current rates on the official charges page before opening. Investing carries market risk.