What Zerodha Doesn't Offer and Alternatives For Each
Having a reputable and dependable broker is crucial to your trading success. All of the alternative brokers we list below have good reputations and match what you are looking for.
We have listed some reasons why Zerodha may not be the best broker for you. But dont worry we have compiled a list of the best alternatives further below.'
- Zerodha Is not FCA regulated (See FCA regulated brokers here)
- Zerodha does not offer demo accounts (See brokers with demo accounts here)
- Zerodha does not accept Neteller ( See Neteller brokers here )
- Zerodha does not accept Paypal ( See Paypal brokers here )
- Zerodha does not accept Skrill ( See Skrill brokers here )
- Zerodha does not offer ECN accounts (See brokers with ECN accounts here)
- Zerodha does not offer MT4 (See MT4 brokers here)
- Zerodha does not offer MT5 (See MT5 brokers here)
- Zerodha does not offer Mac platform (See brokers for Mac users here )
- Zerodha does not offer Spread Betting accounts (See Spread Betting brokers here)
- Zerodha does not allow Scalping (See brokers for scalping here)
- Zerodha does not offer Islamic accounts (See Islamic brokers here)
Below is an extensive list of the best alternatives to Zerodha based on our unique 256 point criteria.
Top alternative for Zerodha is eToro
eToro is the best alternative broker to Zerodha. eToro has been in operation for over 12 years.
eToro, as a brokerage is regulated. This means eToro are supervised by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
If Zerodha or eToro are not what you are looking for try IC Markets.
With Zerodha, Your capital is at risk
With eToro, 71% of retail investor accounts lose money when trading CFDs with this provider.
With IC Markets, Losses can exceed deposits
IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Here are some of the key reasons why traders choose eToro and IC Markets over Zerodha
| Zerodha | IC Markets | XTB | |
|---|---|---|---|
| Brokerage Rating | ★★★☆☆ (3/5) | ★★★★☆ (4/5) | ★★★★☆ (4/5) |
| Regulator | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| Min Deposit | 0 | 200 | 200 |
| Min Trade | varies | $25 | 0.01 Lot |
| Platforms | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac |
| Risk Warning | Your capital is at risk | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits |
If you want to read more about eToro, we have put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.
Visit eToroIf eToro does not match your criteria, have a look at the 10 best Zerodha alternatives below.
With eToro, 71% of retail investor accounts lose money when trading CFDs with this provider.
With Zerodha, Your capital is at risk
