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Zerodha

Benchmark of Indiadiscount

Pioneer of discount broking with India's benchmark Kite trading platform

4.8 / 5.0(14,200 ratings)
•Active Clients: 76+ Lakhs•NSE Rank: #2
Open Zerodha Demat Account
⚡ Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity
Brokerage Value
4.7 / 5.0
Trading Platform
4.9 / 5.0
Customer Support
4.5 / 5.0
Server Reliability
4.9 / 5.0

Zerodha Brokerage Charges & Fees (2026)

Official tariff sheet for Equity Delivery, Intraday, Futures, Options, and Demat Maintenance.

Demat Account Opening Fee₹200 (Equity & F&O)
Annual Maintenance Charges (AMC)₹300/year + 18% GST (Billed ₹75/quarter)
Equity Delivery Brokerage₹0 (Free Lifetime)
Equity Intraday Brokerage₹20 or 0.03% (whichever is lower) per order
Equity Futures₹20 or 0.03% (whichever is lower) per order
Equity Options₹20 flat per executed order
CDSL / NSDL DP Charges₹13.50 + GST per debit per ISIN (CDSL)
Margin Trading Facility (MTF) Interest10.5% p.a. (0.028% per day via Margin Trading Facility)
Developer API Pricing₹2,000/month (Kite Connect API) + ₹2,000 for Historical Data
Auto-Squareoff Fee₹50 + GST per intraday position squared off by system

Why Choose Zerodha (Pros)

  • Gold-standard Kite platform: fastest order placement with zero clutter and zero sponsored banners
  • True ₹0 brokerage on long-term Equity Delivery and Direct Mutual Funds
  • Varsity by Zerodha: India's most comprehensive free financial literacy encyclopedia
  • Rock-solid financial stability with zero debt and zero proprietary trading desk risk
  • Console back-office offers precise Tax P&L, trade analytics, and dividend tracking

Zerodha Drawbacks (Cons)

  • Account opening fee of ₹200 and ongoing AMC of ₹300/year (other discount brokers offer ₹0)
  • Kite Connect REST API costs ₹2,000/month (Dhan and Fyers provide free developer APIs)
  • No stock advisory tips or personalized relationship manager (execution-only model)

The NiftyShares Verdict

Zerodha remains Dalal Street's most trusted discount broker. If you value server stability on high-volatility event days and zero marketing spam, Zerodha's ₹200 onboarding fee is easily justified.

Best Suited For: Serious long-term investors, swing traders, and active traders demanding a clean, stable UI.

Dalal Street Brokerage & Tax Calculator

Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.

Net Realized P&L
+₹4756.64
Gross P&L: ₹5000.00
Total Brokerage & Taxes
₹243.36
Brokerage: ₹0.00 | Govt Taxes: ₹243.36
Breakeven Price
₹1002.43
Need +₹2.43/share to cover costs
STATUTORY CHARGES BREAKDOWNTotal Turnover: ₹2,05,000
Brokerage (Zerodha)₹0.00
STT / CTT (Securities Transaction Tax)₹205.00
Exchange Turnover Charge (NSE)₹6.09
GST (18% on Brokerage & Trans. Charges)₹1.13
SEBI Turnover Charges₹0.20
Stamp Duty₹15.00
CDSL DP Charges (Upon selling)₹15.93
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ZerodhaBenchmark of India

Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity

Open Zerodha Demat Account

Compare Zerodha with Other Top Brokers

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Frequently Asked Questions About Zerodha

Is Zerodha really free for equity delivery?

Yes, Zerodha charges ₹0 brokerage for long-term equity delivery investments. You only pay statutory government and exchange levies (STT, GST, Stamp Duty, and CDSL DP charges of ₹13.50 + GST upon selling).

What are Zerodha AMC charges?

Zerodha charges an Account Maintenance Charge (AMC) of ₹300 per year plus 18% GST (₹354 annually), deducted quarterly (₹75 + GST per quarter) from your trading ledger. However, BSDA (Basic Services Demat Account) holders with portfolio holdings below ₹4,00,000 receive reduced or zero AMC.

Does Zerodha offer 3-in-1 bank accounts?

Zerodha partners with IDFC FIRST Bank for a 3-in-1 account (Savings + Demat + Trading), but it operates primarily as a standalone Demat broker with instant UPI and NetBanking fund transfers.

Zerodha Trader Community & Reviews

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