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How is Zerodha broker? How safe they are? Are they genuine and reliable?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha is a discount broker offering fixed price brokerage of Rs 20 per trade. Zerodha is first discount broker in India who launched the cheapest flat rate brokerage in Aug 2010.

Zerodha is as credible and safe as any other broker in India. They are registered with SEBI, BSE, NSE, MCX etc and regularly audited by them.

Read Zerodha - Safe, Reliable & Trustworthy Broker for more detail.

Zerodha's Membership Information:
  1. Zerodha NSE Member ID:
    • Capital Market (CM) - INB231390627
    • Future & Options (F&O) - INF231390627
    • Currency Derivatives (CDS) - INE231390627
  2. Zerodha BSE Member ID:
    • Capital Market (CM) - INB011390623
    • Future & Options (F&O) - INF011390623
  3. CDSL: IN-DP-CDSL-00278209
  4. NSDL: IN-DP-NSDL-11496000
  • Zerodha NSE Registration Date: Jun 30, 2010
  • Zerodha BSE Registration Date: May 17, 2012

Zerodha is a reliable and genuine broker. They are game changer in India stock broker industry.


3. K Vijaya Mohan   I Like It. |Report Abuse|  Link|February 15, 2024 1:17:28 PMReply
Brokerage is too much high, as if i place 10 lots buying with 20 rupees brokerage as mentioned, but 10 lots are split in two or three orders for execution and charging brokerage 40 to 60 rupees in one leg. But in our trade book only one order will be displayed and backend Zerodha is collecting the excess brokerage. The amount is being collected illegally, without giving information to the account holder in the order book against the number of trades we executed on that particular day. we came to know that information after the settlement on the next day. Collection of Brokerage without in the knowledge of account holder is illegal. the same need to be rectified, as the trading terminal can manipulate the same everyday with all account holders.
2. Prasana   I Like It. |Report Abuse|  Link|March 19, 2020 7:57:08 PMReply
daily basic square off time is keep on changing by zerodha. They are showing reason as increase in volatility and stealing 50 rupees per square off trade which is way too much. Zerodha is lossing its trust day by stealing users money with various reasons and its really cheap.
2.1. vinay kumar   I Like It. |Report Abuse|  Link|March 18, 2021 11:05:29 AM
i agree with this point
1. Madhu sudhan   I Like It. |Report Abuse|  Link|July 30, 2019 10:08:36 AMReply
If any department job vacancies in ZERODHA company

Find more questions on this topic

  1. Total number of customer Zerodha has and at what speed its customer base is growing?
  2. Is Zerodha registered with SEBI?
  3. Who are Zerodha's competitors in India Stock Market?
  4. How Zerodha is popular in trading market?
  5. Does Zerodha trades on BSE as well?
  6. How much is Zerodha's turnover?
  7. Can I transfer my existing demat account holdings to Zerodha?
  8. How to link Zerodha trading account with Indiabulls demat account?
  9. How many days does it take to open account with Zerodha?
  10. What are the charges for opening trading and demat account with Zerodha?
  11. How much does Zerodha charges for Stamp Duty?
  12. What are STT charges in Zerodha for delivery trade?
  13. How much brokerage I have to pay when I trade multiple lots with Zerodha?
  14. What is the point to breakeven with Zerodha?
  15. How much are Zerodha DP Charges?
  16. How much is the minimum amount needed to open trading account with Zerodha?
  17. How much are Zerodha software maintenance charges?
  18. How much margin does Zerodha offers in different segments? What are Zerodha margin requirements?
  19. How much margin does Zerodha offer in the cash segments?
  20. How much margin does Zerodha offer in the future segment?
  21. How much margin does Zerodha offer in options?
  22. What in case if I did not sell shares with Zerodha in intraday Trading?
  23. How to get sub broker license from Zerodha?
  24. Can I do online trading with multiple brokers India?
  25. Does Zerodha allow After Market Orders (AMO)?
  26. How do I download the Zerodha Mobile Trading Application?
  27. Do I need a Demat Account to trade only in F&O with Zerodha?
  28. What is the leverage limit in all segments at Zerodha?
  29. Are there any limitations / monthly targets compulsory while trading with Zerodha?
  30. Is any minimum balance required in zerodha trading account?
  31. Do I need Demat Account for Commodity Trading at Zerodha?
  32. What is the trading platform at Zerodha?
  33. Does Zerodha offers common trading platform for all segments?
  34. Is trailing SL available with Zerodha?