Zerodha Review 2026 – Brokerage, Charges, Features & Pros and Cons

Opening a resident individual or minor account with Zerodha is free. Eligible HUF accounts can also be opened online for free, while offline HUF accounts and NRI, partnership, LLP and corporate accounts have an account-opening fee of ₹500. Confirm the applicable account category and onboarding method on Zerodha's official charges page before applying.

For resident individual accounts opened on or after 1 June 2026, Zerodha states that AMC is free for the first year. After that, the amount depends on the account type and whether the demat account qualifies for the Basic Services Demat Account (BSDA) fee structure; non-BSDA resident individual accounts are listed at ₹300 per year plus 18% GST, charged quarterly. Check the current BSDA eligibility and holdings slabs on Zerodha's official charges page, as the applicable amount can differ.

Zerodha lists ₹0 brokerage for equity delivery trades on NSE and BSE for individual retail investors. Zero brokerage does not mean the trade is completely charge-free: statutory and exchange-related charges, such as STT, exchange transaction charges, GST where applicable and stamp duty, may still apply. The treatment can differ for non-individual account types, so check the applicable terms if you are not an individual retail investor.

For equity intraday orders placed through Zerodha Kite, brokerage is 0.03% of the traded value or ₹20 per executed order, whichever is lower. This is the brokerage component only. The total cost may also include STT, exchange transaction charges, SEBI charges, GST and stamp duty, depending on the trade and exchange. Use Zerodha's official brokerage calculator to estimate the total charges for your specific buy and sell orders.

You can contact Zerodha customer support at 080 4718 1888, 080 4718 1999, 080 4588 8887. For support hours and other assistance options, visit the official Zerodha support page.

For equity futures, Zerodha brokerage is 0.03% of the traded value or ₹20 per executed order, whichever is lower. For options, brokerage is ₹20 per executed order. These are brokerage charges, not the complete trading cost: applicable STT/CTT, exchange transaction charges, GST, SEBI charges and stamp duty may also apply. Exercised or physically settled contracts can have different applicable charges. Check Zerodha's current charges page and brokerage calculator before trading.

Zerodha's current charges page lists a depository participant (DP) charge of ₹15.34 per scrip when shares are sold from the demat account; this figure includes GST. DP charges are separate from brokerage and are generally applied to a sell-side demat debit, not calculated as a percentage of the share value. The official page notes a small CDSL-fee discount for a female first holder, so check the latest schedule for any applicable exception.

Yes, Zerodha offers a Margin Trading Facility (MTF) for eligible stocks and accounts. MTF lets an investor fund part of an eligible purchase through the broker, but the funded amount attracts interest and the trade may have additional brokerage and pledge-related charges. Zerodha's published schedule lists MTF interest at 0.04% per day and MTF brokerage at 0.3% or ₹20 per executed order, whichever is lower; verify the current eligible-stock list and terms before using it.

Yes, Zerodha supports pledging eligible securities to obtain collateral margin, subject to its rules and exchange requirements. Pledging is not the same as transferring ownership, but the securities are marked as collateral and cannot be freely sold until released as permitted. Zerodha lists a pledge charge of ₹30 plus GST per pledge request per ISIN on its charges page; confirm the current fee and applicable margin rules before pledging.

Yes, Zerodha offers the Kite Connect API for developers who want to build trading tools or integrate with market data and order workflows. API access has its own terms, usage limits and plan details, and it is separate from ordinary use of the Kite web or mobile platform. Check Zerodha's official Kite Connect documentation and pricing for the current plan and permitted use before building an integration.

Yes, Zerodha supports IPO applications. Investors must follow the application process and eligibility requirements, and payment is typically handled through the supported bank/UPI process for the application. An IPO application does not guarantee allotment; check the issue-specific dates, limits and instructions shown in Zerodha and the official offer documents.

Yes, Zerodha offers direct mutual fund investments through its investing services. Direct plans generally do not include distributor commissions, but mutual funds still have scheme-level expenses and investment risks. Review the scheme's official documents, expense ratio, risk level and investment objective before investing; availability and service features may depend on the platform.

Yes, Zerodha supports NRI accounts, but the onboarding process, permitted products and charges differ from resident individual accounts. The account-opening fee and brokerage/AMC structure may depend on whether the NRI account uses a PIS or non-PIS route and on the relevant service arrangement. Check Zerodha's current NRI documentation before applying rather than assuming resident-account charges apply.

Yes, Zerodha supports eligible HUF and certain non-individual account types, including partnership firms, LLPs and companies, subject to documentation and onboarding requirements. These accounts may have different account-opening fees, delivery brokerage and AMC from resident individual accounts. Confirm the exact entity category and current fee schedule with Zerodha before submitting documents.

Zerodha lists an additional ₹50 plus 18% GST per order placed through its dealer-assisted Call & Trade service. This charge is separate from the usual brokerage and applicable statutory charges. Check whether the order type or service used qualifies for this fee before placing a dealer-assisted order.

Zerodha's published charges list an additional ₹50 plus 18% GST per order for auto square-off, where applicable. Auto square-off can occur when an intraday position remains open beyond the broker's permitted time or under its risk rules; timing and eligibility may vary by segment. Do not rely on auto square-off as a risk-management strategy—monitor positions and confirm the latest segment-specific rules.

Zerodha lists delayed-payment charges of 0.05% per day, equivalent to 18% per annum, on a debit balance in the trading account. A debit balance can arise when amounts due are not covered by available funds, and it may continue to accrue until the balance is cleared. Review your ledger and add funds promptly; check Zerodha's current policy for how the charge applies to your account.

Zerodha lists regular fund withdrawals as free. Withdrawal timing can depend on settlement cycles, available withdrawable balance, bank processing and the broker's withdrawal schedule. Before initiating a withdrawal, check the withdrawable balance in your account and the current processing instructions in Zerodha.

The supplied broker data states that Zerodha offers instant withdrawals up to ₹2 lakh per day. Instant withdrawal availability can depend on eligibility, available withdrawable funds, service hours and the broker's current conditions. Because limits and conditions can change, verify the latest limit in Zerodha's official help documentation before relying on it.

Zerodha provides Kite for web trading and mobile trading on Android and iOS. Platform features, supported order types and access can vary by device or service, and API integrations are separate from the standard trading interface. Review the official platform documentation to confirm that the tools you need are available for your trading style.

Zerodha may suit active traders, long-term investors and users who value the Kite platform or want to explore API-based tools. Its suitability depends on the segments you trade, the services you need, your support preferences and your total costs—not brokerage alone. Compare AMC, DP charges, MTF interest, platform/API fees and other applicable charges with your expected usage before choosing a broker.