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 Zerodha Customer Reviews, Complaints, Experiences & True Feedback


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

Stock Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service 117 votes
Rated 4.3 stars Rated 4.3 stars Rated 4.7 stars Rated 3.9 stars Rated 4.2 stars Rate

86. chanderbalani  Feb 8, 2013 9:50:22 AM IST |  Reply 



Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average

85. Sada  Feb 1, 2013 8:55:37 PM IST |  Reply 

Opened a new AC in just 3 days. Good customer service. Web based trading has some negative points when you compare with Reliance web trade. This needs improvement. Reliance web trade is Good.

End of the day, Zerodhas''s phone support and brokerage are Excellent.

84. pawan  Jan 26, 2013 11:24:05 AM IST |  Reply 

I am a zerodha trader. Zerodha mentions stamp duty delivery) of Rs 100 then i need to pay Rs 1.0 stamp duty charges.

83. sharada  Jan 14, 2013 12:53:43 AM IST |  Reply 


82. Yash Mehta  Jan 6, 2013 8:03:55 PM IST |  Reply 

can anbody tell me if i link HDFC bank with zerodha fund will transfer and withdraw instant or not.

81. Hari  Jan 3, 2013 12:58:08 AM IST |  Reply 

Your query on AMO, check this blog out:

80. Murali  Dec 29, 2012 3:50:23 PM IST |  Reply 

Can somebody clarify to me on the charges that are applied while selling the shares? If so, please provide me the details.

80.1. Team  Jan 1, 2013 3:28:47 PM IST | 

Dear Murali,

Please visit following link for answer to your question:

79. vikram  Dec 29, 2012 11:32:30 AM IST |  Reply 

will the team pls kindly provide the exact timings for placing after market hours orders and from what time to what time can one modify or cancel the AMO placed orders. consider it very urgent and reply as quick as possible.

78. vikram  Dec 29, 2012 11:21:27 AM IST |  Reply 

i wish to know the exact status of zerodha trader regarding , placing after market hours orders. at what time do they allows after market hours orders to be placed and can we modify and reject after market hours orders in case of overnight global cues.

77. Daily Trader  Dec 28, 2012 9:47:09 AM IST |  Reply 

The fund transfers from bank account to Zerodha trading account are charged at Rs 9 per transaction. This is major disadvantage. Can zerodha resolve this?

77.1. Team  Dec 28, 2012 3:09:46 PM IST | 

Dear Daily Trader,

There are various options available with Zerodha for fund transfer. Most of them are free. Please find the detail on below link:

Hope this will help.

76. ashish kumar bansal  Dec 22, 2012 8:39:36 PM IST |  Reply 

i have to play a small game like 1000 or 2000 rs. For example if i purchace 1000 rs. Share so what will be charge of purchace and what will be extra charge for sell.

75. deepa  Dec 19, 2012 2:55:39 PM IST |  Reply 

excellent ..hats off. Just need improvement in software interface. otherwise no complaints. Yeah , it goes without saying...investors should take their own inevestment call.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent

74. Asif  Dec 17, 2012 7:44:21 PM IST |  Reply 

Due to less brokerage and less other charges, it is good to be with Zerodha.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Below Average
Customer Service - Above Average
Overall Experience - Excellent

73. Kiran  Dec 14, 2012 8:05:58 PM IST |  Reply 

I would like to open an account with Zerodha for trading purpose.
I have another account with reliance securities, can I the same demat account to link this Zerodha trading account?

If not, is there any ice providers.

Thanks for you kind reply.

73.1. Sanjiv  Dec 17, 2012 8:59:18 PM IST | 

Hi Kiran,

Yes you can surly Demat account with Reliance but its not recommended.

Zerodha has partnership with IL&FS for demat account and when you open the demat account with IL&FS, all the transactions between your broker account and demat accounts are seamless.

If you Reliance Demat account with Zerodha Broker Account, every time you sell the shares which are there in demat account, you will have to delivery the shares to Zerodha manually or e-instructions if Reliance provides that facility. This additional step will make trading little complicate.

Hope this make sense.

72. Amudha  Dec 14, 2012 9:49:45 AM IST |  Reply 

Under the head Other Broker Hidden charges), it is mentioned that "Standard NSE charges, transaction charges and statutory levies are charged". It is not correct. As per NSE circular No.NSE/F&A/13029 dated 7-9-2009, the maximum transaction charges levied by Nse is Rs.190 per cr of turnover, and the minimum is Rs.175/cr, for Futures segment.This is the amount charged by other brokers also. But Zerodha charges its clients Rs.490/cr. In Options segment, Nse charges Rs.5000/cr of premium, but Zerodha charges Rs.8000/cr. It is a wrong charge under the guise of "statutory levies".

72.1. sathish  Jun 23, 2013 3:15:37 PM IST | 

thanks for ur informations

71. Akhil  Dec 10, 2012 12:14:08 AM IST |  Reply 

Ihad earlier used kotak securities which charged me after shifting to zerodha,am making a lot of savings.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent

70. Amit  Dec 8, 2012 10:31:30 PM IST |  Reply 

I have one question on Zerodha. Please provide authentic answers.

I was comparing it with one other brokerage and "After Hours Trading" was not ticked. Does that mean I cannot even place an order when market is closed. With my previous online broker, I always placed orders after hours so that it goes to exchange next day.

70.1. Team  Dec 9, 2012 8:43:12 AM IST | 

Dear Amin,

We have corrected the information now.

Zerodha now allows After Hours Ourders (AMO) facility on the new trading platform ''Zerodha Trader''.

70.2. Amit  Dec 9, 2012 8:57:02 AM IST | 

Thank you for the correction.

69. dattaak  Dec 1, 2012 9:01:53 PM IST |  Reply 

The software platform is excellent including back office.The services offered are also satisfactory.They have to establish 3 in 1 account in course of time so that they will be No. 1 in India

68. Kamal  Nov 20, 2012 1:18:50 AM IST |  Reply 

I have had excellent experience with Zerodha in terms of brokerage and customer service!!!


Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Excellent

67. kamal  Nov 16, 2012 9:44:14 AM IST |  Reply 

Another Cons of Zerodha is the trading hours which one can trade with. It is up to 3:10 p.m. only

67.1. Amit  Dec 9, 2012 9:01:01 AM IST | 

Kamal, Is this something you experienced or read it on the site. If you see my comment # 68, they have updated that "After Hours" order placement is allowed. Your input would be appreciated.

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