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Zerodha Stock Trading, Demat, Brokerage and Reviews

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Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh... Know more about Zerodha

Zerodha Stock Broker Review Ratings

269 votes  Rate Zerodha

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.9 stars Rated 3.9 stars Rated 4.5 stars Rated 3.7 stars Rated 3.7 stars
347. Sumaiya Shaikh  Sep 7, 2017 1:32:02 AM IST Reply
I opened my trading account with Zerodha this July, I still haven''t received my DIS also, funds do not get transfer from there kite platform which is very disappointing.
Despite of emailing them the problems no reply from their end.
If Zerodha team is reading,kindly focus more on customer service than customer acquisition.
My client I''d is ZJ6609.
346. Yogesh Bhure  Sep 6, 2017 5:11:43 PM IST Reply
WARNINING.............................I have lost 8K in option 2 months before in Option pre market order, Also called customer care to confirm if any order is outstanding/open they said it''s not open, after market hours I was not able see those money. called to customer care they said it has been executed by system, I am doing option training already have account with icic direct never faced this kind of issue.. how it three to four orders get executed at once Custerer care asked to check Bhu copy it is clearly system glitch and nothing else
..after calling to customer care as well these problem not solved

Zeroda is the really fraud company do not open account and lose the money...
345. bhavendra  May 8, 2017 11:48:24 AM IST Reply
Bhavendra99*****081 8th May, 2017
3 rd class share broker name zerodha..... koi bhi account mat khulvana...... jab bhi market volatile hoga apka trade hi execute nahi hoga... or aap phone kar ke thak jaoge lekin zerodha vale fone nahi uthaenge.... please i request you dont open account in zerodha
345.1. Srinivas  Sep 3, 2017 8:26:23 AM IST
Same thing happen with me also, i brought Grasim call option at RS 33 and market suddenly fall down, i kept so many orders at 29, 25, 17,14, and 13. but non of the order executed, finally it''s executed at RS 13. then I lost my 60% of capital. when i call to customer care they are giving stupid reasons. so be careful while choosing Zerodha.
344. Rajadatta Sarwade  Aug 30, 2017 3:58:37 PM IST Reply
Looks like a fraud company i have opened my account online and i have not received any login details from them from past many days they have taken all my details n yet they have not given me my login details never ever open an account with Zerodha
343. pallavi k  May 8, 2017 12:52:23 PM IST Reply
zeerodha negative feed back all i had change my minds no i am choose angle broking.
343.1. viral  Aug 2, 2017 9:55:35 PM IST
342. sumit kumar singh  Jul 15, 2017 8:48:44 PM IST Reply
There is something wrong going on in zerodha kite webiste i am with them with 2 years and never checked too much the calculation....but on 11 july i have purchased 200 stocks of occl at the rate of 1215.99 and on 13 july i have purchased 240 stocks whose total cost is 321087.05 whose average should be equal to 321087.05/ the funny thing is for two days the avg purchase of 11 july and 13 july which is total 440 stocks was showing 1345.20 and now when i lodged complain there avg balance is showing 1286.47 in their kite website which is still wrong if i calculate it...the avg should be equal to 1282.47...i am not fake my client id is DS8053
341. Animesh  Jul 9, 2017 2:20:21 AM IST Reply
i have been calling customer care from last 3 days they say we will call u sir

but i hav neither received any call nor solution of my problem
340. Vipin Jain  May 9, 2017 5:55:42 PM IST Reply
To All, don''t use such fake and cheat companies for investments and trading. They will take all your money on the name of technical glitches without any response. Don''y come under the exception of discount brokerage as they are highly in-competitive technically and functionally. A completely unethical brokerage company. SEBI should take action against such fraud companies.
System took initial orders and then went down saying connectivity failures. As confirmed after couple of hours later that the system is up for trading, it cancelled all stoploss and pending orders. Moreover, then system does not allowed to square off earlier taken position which eventually got auto squared off at 3:00 PM resulting in loss of 1.5 L. Most pathetically, customer care was not working, no one was picking up phone, no email replied and answer given to support ticket is the most common ridiculous one as below :
All platforms are up. A fat finger issue caused a connectivity drop for many of our clients today. Restarting servers took longer than expected. Any validation pending orders that you see currently will get cancelled. Intraday products like MIS, BO/CO will get squared off by 3 PM instead of 3:20 PM. We deeply regret this incident and are doing everything possible to ensure this doesn''t repeat.
My feedback and suggestion to all fellow friends don''t fall trap of discount brokerage and go for such cheap companies.
340.1. Niranjan Sah  Jun 3, 2017 2:53:25 PM IST
I m the happy customer since few weeks in all respect. About customer care service it''''s the team of a good people. Before blaming u call now to customer care.
339. Palash  Jun 2, 2017 12:24:22 PM IST Reply
These people are not able to handle their UI , it shows order is cancelled but it is executed(you have to assume because you will not find those missing number of shares anywhere else). if you cancel the order then also it executes and vice versa. when you try to sell or buy fix amount of share it behave irrationally and i get understand what it do. you cant do anything and you can only see that your money is going. Please never open account here.
338. Gaurav  May 15, 2017 10:33:33 PM IST Reply
HI All,

DO we need to pay charges of 300 for Demat + Trading account in Zerodha.

One of my friend has opened the account at free of cost.Can anyone of you please help me in the same.

Gaurav Goyal
337. Pradeep  Apr 21, 2017 12:58:24 PM IST Reply
very poor service. i had opened via ekyc and i month has passed i have send documents twice and called twice . There response is very poor.
336. bhjvj  Apr 20, 2017 6:05:11 PM IST Reply
How to open account?
335. Lokesh Aggarwal  Apr 19, 2017 2:08:08 PM IST Reply
Account opening process - very poor
customer service - very poor

Best avoided and prefer a local broker who you can get hold of in case of any problems.
334. Lokesh  Apr 19, 2017 2:05:27 PM IST Reply
Its taken 2 days to even get account opened and their sales manager is not even responding. Customer service is of no help and says its upto Sales manager. I wonder how they will respond once you run into a serious issue.


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
333. hashmat  Apr 18, 2017 3:52:31 PM IST Reply
Customer Service - Very Poor
Overall Experience - Very Poor
332. hashmat  Apr 18, 2017 3:51:11 PM IST Reply
Fund Transfer not updated Quickly they take time 3 to 4 days
331. rahul  Apr 18, 2017 12:00:29 AM IST Reply
Member simce last 6 month never passed single week without problems. Kite has chart loading problem,holding list always show inconsistent data.q has been non functioning for a month. Report and p/l never shows any data. Contacted their customers care but always get boxed answer, they have forwarded the feedback.


Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Average
Customer Service - Average
Overall Experience - Average
330. Nagendra  Apr 12, 2017 9:02:39 PM IST Reply
Worst service i faced from zrodha, I opened my wife''s account with zerodha and later on i submit cancel cheqeu copy to link icici bank bcoz previous bank(UBI) was not supported to zerodha. and there executive used my wife''s name used before marriage not which is shown in KYC which is already done and now they told me to got to bank and get letter from bank to change name and link bank. and they told me all these thing after 1 week when i followed them now on this bases they are not activating my account. Dont go with zerodha they are misguiding and not supportive after any issues is there from thr side
329. RAHUL HALDANKAR  Apr 9, 2017 6:40:05 PM IST Reply
Hi all,
In January 2017 i register my mobile number and i reserved call from zerodha sales executive but from January to till now zerodha representative not come to my home for pick account opening documents. So zerodha provide very very worst service.
328. AMIT  Apr 8, 2017 9:07:17 PM IST Reply
Very high brokrage


Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor

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