Is Zerodha a genuine/reliable/trustworthy options broker?

Zerodha (Trade with the best stock broker)

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.

Yes, Zerodha ticks all the boxes as a reliable broker. It is a member of NSE and BSE and has been in the business since 2010. The daily turnover of the company is more than Rs 15,000 crores, and it is one of the top volume contributors to NSE, BSE and MCX. It is headquartered in Bengaluru and has 20 offices across India. Here are Zerodha's Membership details with various exchanges-

Zerodha NSE Member ID:

  • NSE Registration Date - Jun 30, 2010
  • Capital Market (CM) - INB231390627
  • Future & Options (F&O) - INF231390627
  • Currency Derivatives (CDS) - INE231390627

Zerodha BSE Member ID:

  • BSE Registration Date - May 17, 2012
  • Capital Market (CM) - INB011390623
  • Future & Options (F&O) - INF011390623
  • CDSL - IN-DP-CDSL-00278209
  • NSDL - IN-DP-NSDL-11496000


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