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

179 votes  Rate Zerodha

Overall Rating Fees Brokerage Usability Customer Service
Rated 4.2 stars Rated 4.2 stars Rated 4.6 stars Rated 3.8 stars Rated 4.0 stars
158. lakshminarayan dhibar  Jan 2, 2016 2:41:49 PM IST Reply
when my pay out my balance then zerodha do not care about pay out ...
158.1. Zerodha  Feb 16, 2016 3:50:55 PM IST
Hi Lakshminarayan,

Could you please contact us about what payout you talking about?

You can place a fund withdrawal request by logging into your back office.
Equity, F&O, and currency withdrawals are processed at 7 PM Monday to Friday.
Commodity withdrawals are processed at 9am Monday to Friday.
Withdrawal requests can only be placed online, and may take up to 24 hours to be credited to your bank account.
All withdrawal requests placed after the above stipulated times will be processed on the next working day.
Fund withdrawals are completely free and are credited only to your primary bank account.
157. Hitendra patel  Dec 23, 2015 4:13:26 PM IST Reply
i complain to zerodha again below trade problem on 4/12/2015, Still i am waiting for solution. please guide me...

I trade on 3/12/2015 in bracket order. i have sell nifty at 7921.65 with stop loss 7936.90 and limit at 7917.05 . But Stop Loss and Limit both Buy and i have go any very loss.
156. Yashesh  Dec 17, 2015 4:43:24 PM IST Reply
Personally i would not recommend Zerodha to anyone as i have faced many bugs in their software Kite, and have to daily mail them regarding the issues. As for customer support, brokerage, ease to learn, i would rate them high. Would be best if they can address the bugs.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Very Poor
Customer Service - Above Average
Overall Experience - Average
155. Yashesh Ajmera  Dec 17, 2015 4:40:01 PM IST Reply
Personally i have had a bad experience till date with Zerodha. There are some bugs in their Kite Software when you it from the browser. I havent used their any other software so i cannot vouch for that. I would definitely advise anyone with more volume trading to avoid it. As for beginners, this is the place to be.
154. Forum Modulator  Dec 1, 2015 11:13:40 PM IST Reply
Stock investments (Equity Delivery Trades) are now FREE at Zerodha

- Unlimited free equity delivery trades. No strings attached.
- Rs 20 flat for F&O and equity intraday trades.
153. Rijas  Nov 27, 2015 4:38:04 PM IST Reply
i hope they will keep up the same standard through out


Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Excellent
Overall Experience - Above Average
152. Anirban Sarkar  Nov 17, 2015 8:41:09 PM IST Reply
After 2 week past they didn''t open the account not only that they open another account with CDSL NSDL in my mail id....I got various from various money also deducted....don''t open account with this precious institution.........their response and action taken process also very slow.....Guy''s don''t open account
151. shivam  Nov 17, 2015 7:47:15 PM IST Reply
i am a student.i want to open a/c. can i?
how much i have to pay and it will be added on my a/c.
151.1. bk  Jan 12, 2016 4:13:54 PM IST
Yes u can open account...u can open it with zero margin.only ac opning charge is valid that too abt 300 rs...
150. Ravi  Oct 29, 2015 11:54:10 PM IST Reply
I have been using Zerodha from last one year. Very much satisfied with its services.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
149. Neelakandanpillai  Oct 18, 2015 10:30:25 PM IST Reply
Excellent customer service. ..good relationship between trader and company....keep it up...
148. vignesh  Oct 8, 2015 12:25:16 PM IST Reply
Is it possible to link HDFC bank demat account with Zerodha?
147. kirtish vyas  Oct 7, 2015 3:57:31 PM IST Reply
how much total amount I have to pay for buying or elling 1000\- rs shares
146. GAJENDRA MUZALDA  Oct 2, 2015 5:12:58 PM IST Reply
zerodha''s brokerage charges are excellent, much comfortable with intraday traders like me. how much is your turnover , only RS 20 is the max. limit thats excellent.customer service is excellent, its website is above average, but session expires within 10 min. thats quite frustrating.but its desktop PI is excellent , which shows charting,M2M at ltp with every scrip and total M2M for whole day and total scrips and can change applications background according to your comfort.
i have account in kotak security also but their brokerage is so high. i my brokerage upto 90% in zerodha.i am so happy that i am a happy customer of can calculate your brokerage and net P/L from zerodha brokerage calculator , thats fair and fantastic.
i am fully satisfied.congrates to all zerodha support team.
last but not least."ZERODHA YOU ROCKSSSS.....


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
145. Rajeev  Sep 30, 2015 9:57:47 AM IST Reply
I filled up application form and sent to Zerodha for a/c opening along with Rs.750 Cheque. But I did not get any response from them on the a/c opening. When I called them back they told that my Pan Card xerox was not readable and I need to sent a new one. But the xerox copy which I was sent was indeed good and you cannot get a better xerox on this. Hence I told them to refund back by Rs.750 as I do not want to proceed with a/c opening. Repeated mails and calls are unanswered. I have now decided to lodge a complaint with Sebi grievance cell. If this is how they handle customer, God help those who have already opened a/c with them.
144. ANKIT MANI  Sep 21, 2015 10:44:34 PM IST Reply
I''ve never seen any broker to ignore their new client except zerodha. I tried to contact. Zerodha more than 4 times via different websites and their direct homepage, but no one called me back. I also called them many times but no one received.So now I suggest don''t go for Zerodha.
143. Avinash Raut  Sep 20, 2015 4:20:33 PM IST Reply
I am user since last 2 year there are everything is ok and excellent. I have only one dissatisfaction is its android app, the login process and adding stock and F&O is much hectic process so please make it simple and time saver. by the way in these period I haven''t any single problem with zerodha..
I believe one day zerodha will go ahead and make top position.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Excellent
Overall Experience - Excellent
142. manus  Sep 20, 2015 12:30:30 AM IST Reply
It is ridiculous that form Zerodha side no one is replying to any of posts or comments here. Looking like they do not have any one to answer.
141. Kapil Sharma  Sep 17, 2015 5:49:24 PM IST Reply
I have yet to open account with Zerodha but there customer care help line have very limited representatives and It usually is waiting for more than 10 min before you yourself cut the line after getting fed-up of waiting.
This the only reason making me dicey to whether I should go for this company or not.
140. jones  Sep 10, 2015 11:07:56 PM IST Reply
Hi,do you allow to trade in penny stocks???
139. Rahul.Singh  Sep 2, 2015 2:48:11 PM IST Reply

Please do not go for opening an account with Zerodha. I have felt the pain. They will ask for all documents and promise to open the account in 24 hours. I have submitted all documents but they are the people who are bug finder and asking for every other document. They will call you only to the point your cheque is not encashed. Post which you will run after them and they will not respond. I doubt how can they have registered for doing this business with such a poor quality.

I have burnt my hands and writing this so that other who are in opinion to have a trading account with cheap brokerage do not come under thier trap.

The people whom I am comminicating is :
Amit from Bangalore
Prateek from Pune.

Be aware!! All the best!!!


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

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