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https://zerodha.com/

Zerodha

Visit Zerodha

India-based discount stockbroker offering trading and investing in Indian equities, derivatives, commodities, currency derivatives, ETFs, mutual funds, bonds/G-Secs and IPOs through Kite, Console, Coin and related platforms.

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88

/100

Overall score

Overall score looks strong, with high-confidence evidence. Still verify country/entity terms.

Based on evidence21 sources
Trust
88
Cost
91
Withdrawal
82

Read first

Decision summary

88

/100

Overall

Overall looks strong, with high-confidence evidence. Still verify country/entity terms.

Headline score from research fields, regulation evidence, and scoring payload.

Best for

Forex/CFD traders comparing cost, platforms, trust, and withdrawal terms.

Watch out

Services are India/NRI focused and restricted by FATF/jurisdiction rules · No CFD/spot-FX products; spread and negative-balance-protection fields are…

Trust signal

Trust looks strong, with high-confidence evidence. Still verify country/entity terms.

Withdrawal signal

Withdrawal is usable, but check the supporting evidence and caveats.

Deposit
No minimum balance; practical transfer minimums: UPI ₹1, internet banking ₹50, IMPS/NEFT/RTGS >₹1.
Pricing
Not applicable: Zerodha is an Indian exchange-traded securities/derivatives broker, not a CFD/spot-FX spread broker. · ₹0 equity delivery/d…
Withdrawal
Instant eligible; regular usually within 24h of cut-off, up to 48h after cut-off; same-day possible before 5 PM under conditions. · Instant…
Safety
No CFD-style negative balance protection; debit balances can incur 0.05% per day delayed-payment charges.

Availability

Countries and restrictions

Availability can vary by legal entity, account type, and local regulation. Treat this as a shortlist signal and verify details with the broker before opening an account.

Restricted Countries

Resident/online service is India-focused; FATF blacklisted countries prohibited for NRI accounts; FATF greylisted countries require compliance approval.

Source

Evidence

Source-backed details

Trust5 fields

Regulators

Regulated by SEBI as stock/commodity broker and CDSL depository participant; trading member of NSE, BSE and MCX.

Source

License Numbers

INZ000031633; INZ000038238; MCX 46025; IN-DP-431-2019; CIN U65929KA2018PLC116815

Source

Regulated Entities

Zerodha Broking Limited; Zerodha Commodities Private Limited

Source

Negative Balance Protection

No CFD-style negative balance protection; debit balances can incur 0.05% per day delayed-payment charges.

Source

Investor Compensation

Indian exchange/SEBI investor grievance and ICF references found, but exact investor compensation scheme/limit was not disclosed on the reviewed Zerodha pages.

Source
Cost7 fields

Minimum Deposit

No minimum balance; practical transfer minimums: UPI ₹1, internet banking ₹50, IMPS/NEFT/RTGS >₹1.

Source

Spread From

Not applicable: Zerodha is an Indian exchange-traded securities/derivatives broker, not a CFD/spot-FX spread broker.

Source

Commission

₹0 equity delivery/direct MF; ₹20 or 0.03% intraday/futures; ₹20 options; NRI rates differ.

Source

Maximum Leverage

Up to 5x equity intraday; no leverage for equity delivery/F&O/currency/commodities under peak margin rules.

Source

Deposit Fee

UPI free; IMPS/NEFT/RTGS free at Zerodha (bank charges may apply); payment gateway/net banking ₹9 + 18% GST.

Source

Withdrawal Fee

Instant withdrawal: no charges; regular electronic withdrawal fee not disclosed/none found on reviewed fee pages.

Source

Inactivity Fee

No separate inactivity fee; dormancy after 24 months; AMC applies depending on demat/account type.

Source
Availability1 fields

Restricted Countries

Resident/online service is India-focused; FATF blacklisted countries prohibited for NRI accounts; FATF greylisted countries require compliance approval.

Source
Product5 fields

Tradable Assets

Indian stocks, ETFs, mutual funds, IPOs, F&O, currency derivatives, commodities, G-Secs/SGBs/bonds.

Source

Trading Platforms

Kite, Console, Coin, Kite Connect API and partner tools including Sensibull, Smallcase and Streak.

Source

Account Types

Individual, Minor, HUF, NRI PIS, NRI Non-PIS, Corporate/LLP/Partnership, eligible FPI/foreign national accounts.

Source

Deposit Methods

UPI, net banking/payment gateway, IMPS, NEFT, RTGS, cheque; from linked bank accounts only; cash/DD and digital wallets not accepted.

Source

Withdrawal Methods

Withdraw via Kite app/web or Console to verified linked primary bank account; instant withdrawal available if conditions are met.

Source

Before you decide

Things to verify

Restricted Countries

Resident/online service is India-focused; FATF blacklisted countries prohibited for NRI accounts; FATF greylisted countries require compliance approval.

Negative Balance Protection

No CFD-style negative balance protection; debit balances can incur 0.05% per day delayed-payment charges.

Investor Compensation

Indian exchange/SEBI investor grievance and ICF references found, but exact investor compensation scheme/limit was not disclosed on the reviewed Zerodha pages.

Withdrawal Fee

Instant withdrawal: no charges; regular electronic withdrawal fee not disclosed/none found on reviewed fee pages.

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Important disclosure

Broker research, not investment advice

Availability, fees, investor protection, and regulation can vary by country and legal entity. Verify the broker and regulator details directly before opening an account.

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