Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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12.99% 7,223,525 Clients
Zerodha Account Opening Enquiry
Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Zerodha is among the most trusted stockbroker in India for many reasons including open and transparent business practices, clear vision of the founders, no major violations reported so far, continue investment in technology and zero debt company from day 1.
Zerodha is a leading stockbroker in India with over 64+ lakh active customers. Zerodha is registered with SEBI and member of BSE, NSE, MCX, and NCDEX. It also offers demat account related services through its CDSL membership.
Zerodha is in the retail stock broking business for 10+ years (since 2010). They are audited by exchanges and SEBI regularly. As of Jan 2023, none of the regulatory agencies have reported any major violations of regulations by Zerodha.
Several rumors came about Zerodha on social media in the last few years but none of them stand true.
Is Zerodha Safe? Is Zerodha reliable? Can I keep my investments safe with Zerodha? What if Zerodha goes out of business? The internet is filled with such questions on Zerodha. And every time a stock Broker is in the news for malpractices, these questions again start doing rounds on the internet forums. This article will do a check on Zerodha and identify how safe it is to do business with Zerodha.
The following are key facts you should know about Zerodha. The data is as of Jan 01, 2023:
Zerodha is a zero-debt company. In the corporate world, most financial irregularities have debt as the main catalyst. Zerodha has always been zero-debt right from the beginning. There is no borrowing of any kind.
Zerodha has never done margin funding, which is considered as a risky proposition for stockbrokers.
Zerodha doesn't keep client securities in a pooled account.
Zerodha has one single brokerage rates for all its customers. It doesn't matter if you are an HNI or an investor. No one gets special treatment at Zerodha. Having a single rate for all customers reduces the operational risks significantly.
Zerodha never advises or sell any product promising returns. The only thing they do as a business is to offer execution platforms for someone who has the intent to buy/sell. No conflict of interest.
Many stockbrokers in the past have been alleged of doing proprietary trading from the funds kept in customers' accounts. To allay concerns of customers of the company using their money for prop trading, as per a blog written by Zerodha founder Nithin Kamath, the company has stopped proprietary from September 2019.
There is no credit risk as less than 5% of Zerodha's own capital is lent to customers in any form. Zerodha's own funds in the business is greater than 25% of all client funds put together. Zerodha is profitable as a business and have enough reserves to sustain, even if there was an extended downturn in the economy.
Zerodha's ratio of complaints to active clients is among the least on the exchange.
Zerodha has lakhs of customers trading for over 10 years. Zerodha is the largest stock broker in India.
Zerodha is registered with SEBI and a member of leading stock exchanges like NSE, BSE, and MCX. All stockbrokers offering trading services in India must register with SEBI and follow various guidelines. Similarly, stockbrokers must also get membership of the stock exchanges to be able to give their customers access to the exchange platforms. Both SEBI and stock exchanges keep an eye on their members and regularly audit their accounts to ensure diligence with the regulations. To date, no major violation has been reported by Zerodha.
Zerodha is also a DP (Depository Participant) with CDSL, one of the two Central Depositories in India that manages demat accounts. This membership allows it to open demat accounts of its customers with CDSL. Please note that demat accounts are not opened or managed by Zerodha but it only plays the role of intermediary between the customers and the CDSL.
As per SEBI regulations, all stock brokers need to acquire PoA (Power of Attorney). The PoA gives limited or full legal authority to the broker to operate your demat account i.e. debit/credit or pledge securities as per the agreed terms. PoA is not mandatory but is useful in automatic debit/credit of securities from a demat account. Customers can refuse to give PoA to the brokers. However, then they have to approve every time there is a need to debit or credit security from their demat account. To avoid this repeated approval process, PoA is used as a standard instruction to debit/credit or pledge securities whenever required.
Zerodha's various membership details are as follows:
Zerodha has all the right credentials to be a safe, reliable and trustworthy stockbroker In India. The company is a legitimate stockbroker with all required certifications and memberships. Many leading companies have partnered with Zerodha which adds to its credibility. The company has won many awards in various platforms. Recently, it has also applied for mutual fund license which speaks for its expansion plans. In short, you're as safe with Zerodha as with any leading stockbroker in India.
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This is a limited time offer. Open an instant Zerodha account online and start trading today.
Yes, Zerodha is as safe as any other stock broker in India. Zerodha is a genuine and trusted stock broker. They are among the lowest risk broker for the following reasons:
While opening an account with the broker, a customer is generally concerned about the safety and security of their funds and stocks lying with the broker. However, Zerodha is safe from all the aspects in reference to the above.
Zerodha is a SEBI registered stock broker and a member of NSE and BSE. The broker has all the genuine certifications to conduct the broking business. The transactions of the broker get scrutinized by SEBI and stock exchanges at a regular frequency and are penalized heavily in case of any wrongdoings. Moreover, the broker does not do proprietory trading. Thus, there is no risk of client money getting used for other purposes. Zerodha being a member of the CDSL depository, the Demat account safety is taken by CDSL and the broker acts as a mere facilitator for the transfer of securities.
Zerodha is a profitable company from the 1st years of its services.
Zerodha offers low-cost trading services. The low brokerage brings down the break-even point for trades. This increases the frequency of trading and overall revenue.
Zerodha offers all its services online, with nearly no physical presence. This reduces the operational cost and helps them scale-up the business easily.
Zerodha also doesn't offer many add-on services like research, tips, relationship managers, etc. Zerodha doesn't spend any money on advertisement.
Zerodha is simply an online trading company leveraging technology to offer trading services to a huge number of customers.
Zerodha is India's No 1 stock broker in terms of the number of active customers. It has a share of over 10% daily market turnovers at BSE and NSE. It is undoubtedly the best broker for retail customers in India at this time.
Zerodha is best in offering advanced trading platforms and trading with ultra-low brokerage charges. Zerodha is also the best broker offering brokerage free delivery trades and commission-free investment in direct mutual funds.
The management of Zerodha has a clear vision; they are transparent and the customers can reach them easily.
Note: Zerodha doesn't offer services like research and recommendations, trading tips and personalized services i.e. relationship manager.
Zerodha is as safe and genuine as any other stock brokers in India. It is regulated by SEBI and is a debt-free company. It has not been involved in any major regulation violation in 10+ years.
Read Zerodha - Safe, Reliable & Trustworthy Broker for more detail.
Hard to believe but YES they are making excellent profits by keeping the cost very low and by the increased volume of trade by customers. Here is how the discount brokerage is a profitable business in short as well as in long-term:
A discount broker like Zerodha focuses on core brokerage business.
Yes, Zerodha is a legitimate stock brokerage firm in India. It is registered with SEBI, CDSL and all major stock exchanges in India. As with other popular brokers, Zerodha works under the regulations laid by SEBI and RBI. It is a genuine broker with over 10 years of track record in this business. It has over 12 lakh active customers and contributes to 15% of the total market trading volume.
Zerodha is the leading stock brokers in India. As of Jan 2020, it has over 12+ lakh active customers and contributes to over 15% of daily retail trading volumes at BSE and NSE. The company offers low brokerage plans, excellent trading software, and high-quality online services to its customers.
As per a blog written by Zerodha founder Nithin Kamath, the company has stopped proprietary from September 2019. This was done by the company to allay concerns of customers of the company using their money for prop trading.
Zerodha is registered with SEBI, CDSL and all major exchanges in India. The regulators' conduct audits and also have real-time monitoring systems to check unfair broking practices.
Your securities are held in your demat account which is with CDSL, a central depository. Zerodha works only as a service agent for a demat account.
In terms of money in your trading account, it is highly recommended to move your surplus funds to your bank account which is relatively safer and insured by GoI.
Zerodha, BSE, NSE, MCX, and CDSL send alert messages on phone and email for every transaction done with them. Investors should keep a close eye on them to avoid unauthorized transactions in the account.
Yes, Zerodha is a reliable stockbroker. It has been in business since 2010 and has over 15 lakh active clients located across India. The company is registered with SEBI, CDSL, and major stock exchanges in India. It has a low operation cost as it offers online trading facilities only.
Yes, Zerodha is a legal stock broker in India. The company is registered with SEBI, CDSL, BSE, NSE & MCX and works under the guidelines laid by stock market regulatory bodies. There are no reports of legal violations by the company.
Since its incorporation in 2010, Zerodha has grown massively to become the leading and trusted discount broker in India. It has over 10 lakhs active customers and contributes 15% of daily retail trading volumes. The company is a member of BSE, NSE, MCX, and CDSL.
Zerodha is a well-trusted broker in India. It has strong management, clear policies and a simple revenue model.
Yes, your Zerodha demat account is safe. The demat account is opened with CDSL (Central Depository Services Limited), one of the 2 central depositories in India. Zerodha's role in the demat account is limited to acting as an intermediary between the customer and the central depository.
Zerodha doesn't keep any customer shares in the pool account.
Trading with Zerodha is safe. Like all registered stockbrokers, the company is regulated by SEBI guidelines. It is a member of BSE, NSE, MCX, and CDSL. It is audited by the exchanges regularly.
Zerodha has a track record of around 10 years of strong management practices. Till date, it has not been reported for any major regulatory violation.
Zerodha is a debt-free company that underscores its sound financial position.
Zerodha is a preferred name for stock market trading. Zerodha is the largest stockbroker in India by volume, customers, and growth. Zerodha has over 15 lakh, active clients, as of Jan 2020. It offers low-cost flat rate brokerage plans, advanced trading platforms, and tools to its customers. Zerodha is preferred by frequent traders as it's cheap and technically advance. Zerodha is preferred by casual investors as it doesn't charge any brokerage on equity delivery and direct mutual funds.
Zerodha Account Opening Enquiry
Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Zerodha Order Types & Product Types Explained Zerodha Account Closure Online - ExplainedInformation on this page was last updated on Tuesday, February 13, 2024
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