Zerodha is India's largest stock broker by active clients (1.6+ Crore users). But does it deserve your money? Here is an unbiased 2026 review.
Zerodha Pros
- Free account opening
- ₹0 brokerage on equity delivery forever
- Kite app - cleanest trading interface in India
- Coin platform - buy direct mutual funds with zero commission
- Varsity - best free investing education (free course + book)
- Streak - algo trading without coding
- Console - portfolio and tax reports
Zerodha Cons
- Customer support via ticket only (no phone for retail)
- AMC ₹300/year - some competitors offer ₹0
- No research reports (DIY only)
- Limited advisory - by design, not a bug
Zerodha Charges 2026
- Account opening: Rs.0 (Free)
- Equity delivery: Rs.0
- Intraday: 0.03% or Rs.20 (whichever lower)
- F&O: Rs.20 flat per executed order
- DP charges (on sell): Rs.13.5 + GST per scrip
- AMC: Rs.300/year + GST (from 2nd year)
Kite App Review
The trading app. Features:
- Clean charts with 100+ indicators
- Watch-list with alerts
- GTT orders (long-term)
- Basket orders for strategies
- Instant fund transfer via UPI
Coin - For Mutual Funds
Free platform by Zerodha for direct mutual funds. Save 0.5-1% vs Regular Plans.
Who Should Pick Zerodha?
- DIY investors who do their own research
- Beginners who want to learn via Varsity
- SIP investors (Coin for direct MFs)
- Anyone tired of high-brokerage old brokers
Final Verdict: 4.7/5
For 95% of Indian investors, Zerodha is the best choice. Only reason to skip: you specifically need phone advisory service.
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