Zerodha 
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| Year of Incorporation | 2010 |
| Website | http://www.zerodha.com |
| Phone | 080-40402020 |
| Exchanges enabled | NSE, BSE, MCX-SX & MCX |
| Demat (NSDL/CDSL) | CDSL - ZERODHA SECURITIES PVT. LTD. |
| Profit after Tax FY11/12 | Rs 2.3 Crores |
| Profit after Tax FY12/13 | Rs 5.8 Crores |
| Profit after Tax FY13/14 | Rs 10.27 Crores |
| Profit after Tax FY 14/15 | Rs 19.3 Crores |
| Profit after Tax FY 15/16 | Rs 44.2 Crores |
| Profit after Tax FY 16/17 | Rs 88.4 Crores |
| Debt FY11/12 | 0 |
| Debt FY12/13 | 0 |
| Debt FY13/14 | 0 |
| Debt FY14/15 | 0 |
| Debt FY15/16 | 0 |
| Debt FY 16/17 | 0 |
| Profit to Equity(%) FY11/12 | 152 |
| Profit to Equity(%) FY12/13 | 244 |
| Profit to Equity(%) FY13/14 | 147 |
| Profit to Equity(%) FY14/15 | 120 |
| Profit to Equity(%) FY15/16 | 169 |
| Profit to Equity(%) FY16/17 | 168 |
| Balance Sheet Size FY11/12 | Rs 25.4 Crores |
| Balance Sheet Size FY12/13 | Rs 64.5 Crores |
| Balance Sheet Size FY13/14 | Rs 111.1 Crores |
| Balance Sheet Size FY14/15 | Rs 198 Crores |
| Balance Sheet Size FY15/16 | Rs 417.8 Crores |
| Balance Sheet Size FY16/17 | Rs 1072 Crores |
Google trend over time
| Active clients - 2013 | 17,523 |
| Active clients - 2014 | 30,379 |
| Active clients - 2015 | 61,970 |
| Active clients - 2016 | 1,28,736 |
| Active clients - 2017 | 4,11,796 |
| Equity | 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) |
| Equity Futures | Rs 20/executed order or 0.01% whichever is lower |
| Equity Options | Rs 20/executed order or 0.01% whichever is lower |
| Currency Futures | Rs 20/executed order or 0.01% whichever is lower |
| Currency Options | Rs 20/executed order or 0.01% whichever is lower |
| Commodity | Rs 20/executed order or 0.01% whichever is lower |
| Trading only | Rs 300 if couriered & Rs 200 if you print the form |
| Trading & Demat | Rs 200 if couriered & Rs 100 if you print the form |
| Commodity | Rs 300 if couriered & Rs 200 if you print the form |
| Equity | 0.00325% on Turnover |
| Futures | 0.0021% on Contract Turnover |
| Options | 0.053% on Premium Turnover |
| Commodities | 0.0031% on Contract turnover |
| AMC charge | Trading: 0, Demat: Rs 300/year |
| DP Transaction Charge | Rs 14 per debit instruction |
| Offline order placing Charge | Rs 20 per executed order |
| Software |  |
| Web/HTML 5 | |
| Mobile | |
| Intraday | 365 days on Zerodha Pi |
| End of Day | 10 years on Zerodha Pi |
| Coding/Backtesting | |
| Online Trade Reports | |
| Online PNL Reports | |
| Online Contract Notes | |
| Equity | Upto 20 times intraday, 0 for Delivery |
| Equity Futures | Upto 7 times intraday leverage |
| Equity Options | Buying no leverage, Shorting upto 7 times leverage intrdaday |
| Currency Futures | 2 times intraday leverage |
| Currency Options | Buying no leverage, Shorting upto 2 times intraday leverage |
| Commodity | 2.5 times intraday leverage |
| Research & Tips |  |
| Brokerage Calculator | |
| Margin Calculator | |
| Bracket orders & Trailing Stoploss | |
| Training & Education | |
| 3 in 1 Account | |
| Instant Fund withdrawal | |
| Relationship Managers | |
| Zerodha is the biggest discount broker in India and is well known for its cutting edge and intuitive platforms. Pros: Great pricing and platforms, responsive support. Cons: No margin funding. Read More |
Reviews on Zerodha
Ankit Bhardwaj 
15 May 2014 Zerodha has everything required to be the top class broker which not only provides good services but also gives an edge to retail trader to be ahead in the game. Cons- Zerodha Trader(Software) sucks big time slow and feeds stop coming many times in a day, my other trading platform run fine while ZT stops giving data feed.
Navneet Sharma
18 May 2014 I have recommended a few friends of mine to open account with Zerodha in the past and I am still getting referral income for that. But After opening account with Wisdom Capital I would say Zerodha is notworth of it at current scenarios. Zerodha is lagging behind Wisdom Capital in these aspects. Account/Demat opening charges are zero with WC - Zorodha is charging 500. WC is liberal in Intraday Margins. Brokerage is 55% lesser than Zerodha incomparison to Wisdom Capital.
NSE&BSE
18 May 2014Bhai mere, you guys spam everywhere and not even listed on SEBI/NSE website, just making false claims...
Sanjiv Goenka
19 May 2014 It was around end of 2012 that my Advance brokerage that I had paid with my broker finally was getting over and I was searching for a new broker..Did my survey on the Internet..RK Global/BMC Wealth creators were the obvious choices considering I was based in Kolkata but the reviews for these brokers were not very favorable online...Had heard a lot of complaints against them..Chanced upon Zerodha a broker based out of Bangalore..Was hesitant at first because I had never heard of them but decided to give it a try...When I spoke to their Sales Executive he was reasonably well informed and gave me the details..Opened an account in my wife’s name..The account was opened in 2 days...Have had issues with the trading terminal hanging but this was resolved by the customer care.. Pros: a) Quick Account Opening b) No hidden charges c) Decent Customer Service d) No call from RM asking me to place trades. Cons: a) No Local Support.. Have to call STD to place call and trade.. b) Less Leverage for trading c) No tra
NSE&BSE
07 June 2014 Loving trading with Zerodha and all their initiatives, 60 day, zconnect, bracket orders, trailing stoploss, tradingQ&A, reporting and so many more.. The only problem I have is that they don't have a mobile app for iphone.
aarif@gmail.com
15 October 2015good broker but I suggested a new one MyValueTrade
Ravi Behal
04 August 2014 I have been trading with Venture for 3 years but I think there are better brokers now. I like Zerodha but not sure, anybody has account with them can tell me there experience plz !!
Purva Mhatre
04 September 2014 Two & half years back, I came across Zerodha and was surprised to know about a broker who was so much competitive in the Market. I started digging more info about Zerodha and was happy with my findings. Still I waited for 2-3 months to Open account. Somehow, I was being suspicious since the brokerage rates were too good to resist and unbelievably low. Finally, I went ahead with account opening. I kept a proper tab on my account transactions and other things. And, aha, I surely knew this was the best decision to Open account with Zerodha. Zerodha is not brokerage oriented firm, instead they are truly customer oriented in every aspect. These guys are good at Customer Service and their operations are transparent. I know that the trading software has a few issues but its still better than many others. I am awaiting their new trading platform and I am sure it is going to give them edge over every other broker in this country!!!
Vijay Deb
08 September 2014Thanks Purva, one of the rare positive reviews I am seeing on this site, since you are a 2 yrs old customer it makes sense for me to call them :)
manohar
10 September 2014 HI TO ALL I HAVE FOUND THIS FROM GOOGLE PLEASE CHECK THIS COMPANEY IS OFFERING THE CHEAPEST BROKERAGE AND UNLIMITED BROKERAGE SERVICES IN INDIA HERE ARE THE DETAILS :- SVLNS FINANCIAL SERVICES PVT. LTD., offering ‘Zero Brokerage’ @ Rs 1/-PER LOT in NSE FEAUTURES AND OPTIONS SEGMENT for Online trading customers. SVLNS FINANCIAL SERVICES OFFERS Unlimited BROKERAGE FREE TRADING Plan is India’s first Unlimited Trading, Zero Brokerage plan.@ JUST 999/- per month for both NSE- EQUITYS AND F&O SEGMENTS , you can do as many trades as you want and pay 0% brokerage and zero fees. It truly “frees” you from paying brokerage and fees! PLANS OFFERED :- 1. 1/- ONE RUPEE PER LOT IN F&O SEGMENT AND ZERO BROKERAGE IN EQUITIES SEGMENT 2. 999/- FIXED AND UNLIMITED BROKERAGE OPTION IN BOTH EQUITY AND F&O PER MONTH THEIR WEB ID :- SVLNS.NET
Raghav Patel
10 September 2014Hi Manohar. This Review space is for the Zerodha firm. Would be great if you could write an email to us with the pre-requisite details. We can add SVLNS Financial Services to our list of brokers.
Vijay Deb
26 November 2014 Thanks Purva for recommending Zerodha. 2 and half months of use and I can easily say, Zerodha is the best out there. The Pi platform is a beauty.. Quant, a state of the art sabermetric tool..that is a real help.. service is excellent, they are like Apple man ;-)
Ashraf Sheikh
24 January 2015 Zerodha is better Brokerage House but it needs little more time to b THE BEST from better,V r hopeful that Zerodha will Launch trading Platform soon (Pi) and also reduce Brokerage Rates from Rs=20 to Rs=10/Lot & 0.003 to 0.001/Intraday/delivery I believe That Mr.Nithin wil never disappoint their valved Clients.
Soniya Kar
18 March 2015 Have opened account with Zerodha, they charge low brokerage of Rs. 20, service I would say is alright, mark them high on technology, tools and brokerage, if you has traded before , I would recommend.
Gopi Kuppaswamy
15 May 2015 Opened my account with Zerodha begining of this month, account opening can be lengthy as I had to take printouts of forms and send, account got opened in 48 hrs, so good job there. Their executive gave me a detailed demo of their platform and tools, which I am very impressed with, For Rs. 20 per order, I think this is the best deal in the country, no other discount brokers and providing this kind of platform.
Rachuri
04 July 2015 How can you save 90% on brokerages (Even 100%) with zerodha. 100% Saving on brokerages How? http://niftyoptionscallputeasy.blogspot.in/ Zerodha presents the 60 day challenge which gives traders on equity (stocks and F&O), currency, and commodity exchanges an opportunity to put their trading skills to test. The challenge is open till 30th September 2015 Hurry, Check following link for details For same trade, same quantity, you are paying Rs 586 with major brokers, whereas zerodha charges Rs 90 only. Check youself Check the image for live comparison of Rs 586 and Rs 90. Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective to number of shares or their prices (Except equity delivery where brokerage is 0.10% or Rs 20 per trade whichever is lower). With Zerodha maximum brokerage you pay fo
Rachuri
09 July 2015How Iam making profits with NIFTY Options Call Put Intraday Trading? What is my Strategy? What You need? http://niftyoptionscallputeasy.blogspot.in/ 1. Basic Understanding of Index options, Call Put etc. 2. Good PC and or Laptop with UPS (In case of power failure) 3. Broadband Internet/ 3G Net connection. 4. TV with CNBC Channel (For latest news) 5. Good Android smart phone with 3G Internet and required App's. 6. Good Discount brokerage Account which charges you less brokerages. (Iam Using Zerodha). 7. After having everything set, what do you want. Most Importantly you need some tips from somewhere. Generally small investors trade on news seen on TV. They just watch CNBC or some other channel and makes their own decision to trade. But I have seen that they generally make losses with this approach. Small Investors always think that there are people inside market who can give valuable tips about doing intraday trading. After reaserching in Internet about these tips, I found that these tips do not serves the
Renessme
13 April 2016 Wow, i'hv been trading with zerodha for just 7months from now, i got to know about their referal program, coincidentally i got few frns with the same interest in trading so i refered them through my a/c, wow i keep getting 10% of their brokerage..and Their Kite platform is so simplistic for people like me..i hate too much of technical stuff..so kite's the best in just a click away..so far for me zerodha is the best..havent come across any flaws !! Good Job Zerodha & Team..rise & shine !!
Yash Panani
22 June 2017 Zerodha is truly the pioneer of stock broking industry and also a preferable choice for anyone in the stock market. Its cost model and ever innovating nature keeps them ahead in the game. Its pretty good to see a discount broker which such low costs are bringing up products like Coin that offers direct mutual funds. The only thing they need to work on is their trading platform and make it stable for a better trading experience and launch margin funding. These two will make them unbeatable. I see a lot of new brokers offering lower charges than Zerodha. But what is important is their credibility in the market. Risking your trading experience and your hard earned money to save a couple of bucks is not worth it. Every broker have their own pros and cons. But i'd any day recommend Zerodha over other broker.
Nischal T Hiremath
08 August 2017 Started my journey with Zerodha as a newbie who didnt know what was a stock market, but its great to have a support from zerodha who actually welcome newbies like us and help us know about the markets from their educational website called VARSITY. Thank You Karthik for such a lovely description which really helps learning all about stock markets. I have been so comfortable with learning as well as starting with my experimental trading on a delivery based where there is actually no brokerage that is charged as well as investing in direct mutual funds which can really secure our investments and give a good return with absolutely no brokerage charged or any hidden costs. Many more things yet to learn, but am sure zerodha will support me every time I need a helping hand like you guys have always. All in all, am a very happy customer and am sure to recommend all my friends and colleagues. Cheeers Guyzz
NEWS ON ZERODHA
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24 May 2018
How Zerodha is reinventing the rules of lending with an age-old product - YourStory.com
24 May 2018
The country's fourth-largest brokerage Zerodha has received a lending licence from the RBI, and is now gearing up to launch operations by June end. Loan against a security, be it a movable or immovable asset, is an age-old practice. While banks have ...
HDFC Bank launches digital loans against mutual funds - YourStory - YourStory.com
23 May 2018
HDFC Bank, one of the biggest private banks in the country, on Wednesday, launched its digital loans against mutual funds (LAMF), in partnership with mutual ...and more »
The lone ranger: How Zerodha held its own against India's largest stock brokerages - Economic Times
18 May 2018
Last year, Zerodha added 500,000 users, taking its total customer base to 800,000. That's from about 70,000 users in 2015, when the company went out on a limb and decided not to charge brokerage fees. Kamath's gambit paid off. In terms of users ...
Winning Stroke: Interview with Nithin Kamath, Founder & CEO Zerodha/Rainmatter - BW Businessworld
15 May 2018
If not in the current Profession, you would be? Sales/Marketing Professional. One tune you always hum. Zindagi kaisi hai paheli. One book to read when you want to motivate yourself. Market Wizards - Jack Schwager. One dialogue of a movie that motivates ...
Unplugged, Zerodha not to depend on leased lines - Business Line
03 May 2018
Unfortunately, since the lines flapped during the market opening, over 3.5 lakh clients constantly tried to log-in into Kite multiple times causing the login system to build a massive queue of login requests over the already flapping leased lines ...
Kris
15 May 2014If they can upgrade their trading platforms to international standards, they will definitely be the best brokerage not only in India, but probably among the best in the world.
Maddy
15 May 2014I felt the importance too, so called the Zerodha office and had a chat they said they are planning for a new platform in the near future... :) very excited