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:

Zerodha NSE Member ID:
- Capital Market (CM) - INB231390627
- Future & Options (F&O) - INF231390627
- Currency Derivatives (CDS) - INE231390627
Zerodha BSE Member ID:
- Capital Market (CM) - INB011390623
- Future & Options (F&O) - INF011390623
CDSL: IN-DP-CDSL-00278209
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.

Topic: Zerodha FAQs (Frequently Asked Questions) Article

3 Comments

3. K Vijaya Mohan

| 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

| 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

| Link|March 18, 2021 11:05:29 AM

i agree with this point

1. Madhu sudhan

| Link|July 30, 2019 10:08:36 AMReply

If any department job vacancies in ZERODHA company

Find more questions on this topic

Ask Your Question