Zerodha review
Zerodha is a Multi-Assets Trading Platform with over 5000+ Assets
Zerodha is a multi asset platform with 5000+ tradable Assets.
Assets available on Zerodha include Stocks, Commodities, Indices.
Zerodha trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Stocks, Commodities, Indices are considered financial assets.
Features of Zerodha
- Zerodha offers Advanced Financial Chart comparison tools
- Zerodha offers Research-backed analysis on financial markets and investments from top analysts
- The Zerodha platform is available to use on multiple devices including IOS devices like iPhones and iPads, Android devices and online through a Web Browser.
- Zerodha offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
- Zerodha users benefit from using the Zerodha platform in over 16 different languages
Zerodha review
What you should know
Zerodha offer three ways to trade: Stocks, Commodities, Indices.
With Zerodha you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Zerodha platform.
Zerodha are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Zerodha safe?
When choosing a broker like Zerodha the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.
Established in 2010, and in operation for 11 years Zerodha have a head office in India.
Zerodha is regulated. This means Zerodha are supervised by and is checked for conduct by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange regulatory bodies.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Zerodha, this will be honored. If Zerodha violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with Zerodha?
Any payments funded to Zerodha accounts by traders are held in a segregated bank account.
For added security Zerodha use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
What are Tier 1 banks and why should Zerodha use them?
A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.
What does it mean to have your funds in Zerodha deposited in a Tier 1 bank?
Having any money you deposit with Zerodha means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Zerodha goes out of business for some reason.
Therefore, we can safely conclude that Zerodha is secure and safe.
That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.
While trading in financial investments, losing money rapidly due to trading Stocks, Commodities, Indices is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Zerodha also clearly state on their platform that Your capital is at risk.
Now that we have answered some important questions regrding Zerodha. let us look at the Zerodha features in more detail.
Try creating two accounts when you are working with Zerodha. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Open a demo account Visit Zerodha
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Zerodha as a Company Compare Against Other Brokers
| Broker |
Zerodha
|
eToro
|
XTB
|
IC Markets
|
| Year Established | 2010 | 2007 | 2002 | 2007 |
| Head Office | India | Cyprus, UK | Poland | Australia |
| Regulation | 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) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| Used By | 1,500,000+ Zerodha users | 20,000,000+ eToro users | 250,000+ XTB users | 180,000+ IC Markets users |
| Negative balance protection | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No |
| Learn More | Visit Zerodha | Visit eToro | Visit XTB | Visit IC Markets |
| Risk Warning | Your capital is at risk | 67% of retail investor accounts lose money when trading CFDs with this provider. | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits |
Zerodha review
Zerodha Pros and Cons
Zerodha review
Zerodha Regulation and Licensing in more detail
We have checked and Zerodha is regulated and supervised by reputable organisations. You are able to check every Zerodha supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Zerodha. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.
The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Zerodha traders and provide a safe trading environment. Financial regulation and license approval is essential.
- Securities and Exchange Board of India (SEBI)
- Member of the Bombay Stock Exchange
Zerodha is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Zerodha you should be sure they're legitimate online agent.
Is Zerodha Global?
Yes, Zerodha is global as Zerodha is available in over 194 countries.
Zerodha is a global trading platform in the sense that it operates in 194 countries including nations in Europe, Asia, Oceania, and Africa. Major countries Zerodha covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Zerodha has a total of more than 1,500,000 users.
Zerodha review
Zerodha Fees Explained
- Zerodha doesn't charge withdrawal fees
- Zerodha does not charge a fee for inactive accounts.
- Zerodha doesn't charge deposit fees.
Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.
How Zerodha Fees Compare Against Other Brokers
| Broker |
Zerodha
|
eToro
|
XTB
|
IC Markets
|
| Min Deposit | 0 | 200 | 0 | 200 |
| Withdrawal Fees | No | Yes | varies | No |
| Inactivity Fees | No | Yes | Yes | No |
| Deposit Fees | No | No | No | Varies |
| CFD Commission Fees | No | Yes | Yes | Yes |
Zerodha Minimum Deposit
Zerodha do not require a minimum desposit when opening a Zerodha trading account.
Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.
Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.
Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.
As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.
Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.
Zerodha Withdrawal Fees
Zerodha doesn't charge withdrawal fees.
Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.
This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.
Zerodha for example allow you to withdraw your funds to Credit cards, Bank Transfer, PayPal, Debit cards.
Zerodha Inactivity Fees
Zerodha does not charge a fee for inactive accounts.
An account inactivity fee is a fee charged to the registered brokerage client.
Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.
If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.
Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.
If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.
Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.
Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.
Zerodha Desposit Fees
Zerodha does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.
Zerodha Commission Fees
Zerodha does not charge commission on CFD instruments.
A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.
A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.
Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.
Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.
If a market order is not fulfilled by your brokerage usually no commission is charged.
Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.
Zerodha review
What can you trade with Zerodha?
Be aware that Different entities under Zerodha Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.
You can trade a wide variety of instruments with Zerodha over 5000 instruments infact.
If you are looking for Forex brokers to trade currency pairs on global Forex markets Zerodha offer over 0 currency pairs.
Compare Zerodha with eToro and XTB below.
How Zerodha Trading Options Compare Against Other Brokers
| Broker |
Zerodha
|
eToro
|
XTB
|
IC Markets
|
| Instruments Available | 5000 | 2000 | 4000 | 232 |
| Platforms | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac |
| FX / Currencies | ||||
| Forex pairs offered | 0 | 50 | 57 | 65 |
| Major Forex pairs | No | Yes | Yes | Yes |
| Minor Forex pairs | No | Yes | Yes | Yes |
| Exotic Forex pairs | No | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | No | Yes | Yes | Yes |
| Commodity CFDs | ||||
| Commodities Offered | 14 | 31 | 21 | 19 |
| Metals | No | Yes | Yes | Yes |
| Energies | No | Yes | Yes | Yes |
| Agricultural | No | Yes | Yes | Yes |
| Indiced & Stock CFDs | ||||
| Stocks Offered | 5000 | 2042 | 1696 | 110 |
| UK Shares | No | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes |
| German Shares | No | Yes | Yes | Yes |
| Japanese Shares | No | Yes | Yes | Yes |
| Risk Warning |
Visit Zerodha
Your capital is at risk |
Visit eToro
67% of retail investor accounts lose money when trading CFDs with this provider. |
Visit XTB
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Visit IC Markets
Losses can exceed deposits |
Zerodha review
Trading on Zerodha web platforms and other applications
Zerodha offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.
Zerodha also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.
See Zerodha's platformsIs the Zerodha Trading Platform Secure?
Zerodha safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Zerodha also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Zerodha.
Zerodha Trading Platform Options
Zerodha does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
Zerodha offer an their own custom trading platform developed and tested in house. The Zerodha trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades.
The Zerodha platform allows traders to filter the financial marketplace for trade opportunities that match a criteria.
With Zerodha you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Zerodha platform including news and quotes. Discover possible trades with the strong charting tools found with Zerodha. Zerodha is available as downloadable applications or online through the cloud. Monitor your orders with Zerodha and receive breaking news in your positions.
Zerodha Trading benefits
- Allows hedging
- Offers STP
- Low min deposit
- Offers Negative Balance Protection
Zerodha Trading Accounts Offered
Below we give an overview on the account types that Zerodha offer. Whatever you are looking to trade the varying Zerodha account types will be able to provide you with what you need.
- STP account
Can I try Zerodha before I buy?
Zerodha offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade
Your capital is at risk
Zerodha withdrawal and funding methods
Please note that the list of Zerodha payment methods below depend on the Zerodha Entity and the Clients Country of Residence.
All available Zerodha payment methods available to you can be found in your Zerodha members area checked on the Zerodha website.
Zerodha offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Zerodha
Zerodha Payment Methods
- Zerodha accepts Credit cards
- Zerodha accepts Bank Transfer
- Zerodha accepts PayPal
- Zerodha accepts Debit cards
| Broker |
Zerodha
|
eToro
|
XTB
|
IC Markets
|
| Bank transfer | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes |
| Skrill | No | Yes | Yes | Yes |
| Payoneer | No | Yes | Yes | No |
| Neteller | No | Yes | Yes | Yes |
*please note available Zerodha and other broker payment methods depend on the clients country of residence.
How can I start trading with Zerodha?
When opening a trading account with Zerodha, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Zerodha trading platforms here. You will need to provide some basic documentation to prove your identity as part of Zerodha onboarding and normal KYC identity checks. These checks are standard practice and help Zerodha provide a safe financial environment for their 1,500,000 users.
Your capital is at risk
Performing trades with Zerodha
Zerodha allow you to execute a minimum of trade of varies. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Zerodha offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
As with most brokers, margin requirements do vary depending on the instruments.
Limiting Your Risk When Trading with Zerodha Negative Balance Protection
We should say something about negative balance protection with Zerodha. When trading using leverage an adverse move could result in losing more than your trading account balance at Zerodha. If your broker is regulated by the FCA Negative Balance Protection should be set in place by your broker as standard. Your Zerodha account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account.
Education resources at Zerodha
To trade effectively with Zerodha, it's important to get a have a good understanding of the Zerodha trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Zerodha and externally.
Zerodha offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.
Having an analytical approach may be a good way to approach trading with Zerodha.
Take time to look around the Zerodha platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.
Customer Support at Zerodha
As part of our Zerodha review we review customer service options, response times and Zerodha trading platform problem resolution effectiveness.Zerodha support a wide range of languages including English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文.
Zerodha have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Zerodha less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.
Livechat Support at Zerodha
Zerodha does not offer LiveChat Support.
Email Support at Zerodha
We sent several emails to Zerodha and answer times overall were excellent. The fastest response from Zerodha was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Zerodha, but this was our experience sending 10 emails at varying times.
The team resolved and answered our queries. Overall average email support from Zerodha.
Phone Support at Zerodha
We called Zerodha and the call was answered very quickly. The call was answered in less than 5-10 minutes.
The Zerodha phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Zerodha team by calling in varying languages. Zerodha made an effort to make sure our queries were answered.
Overall the phone support from Zerodha was okay.
See how Zerodha Support Compares Against Other Brokers
| Broker |
Zerodha
|
eToro
|
XTB
|
IC Markets
|
| Support |
|
|
|
|
| Languages | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more |
| Learn More | Visit Zerodha | Visit eToro | Visit XTB | Visit IC Markets |
| Risk Warning | Your capital is at risk | 67% of retail investor accounts lose money when trading CFDs with this provider. | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits |
What you will need to open an account with Zerodha
As Zerodha is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:
Be aware that the expiration date of Proof of address document for different entities under Zerodha Brand may be different.
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.
While you might be able to explore Zerodha's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with Zerodha you can visit the Zerodha trading platform here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://zerodha.com/ on July 28, 2021.
Watch this Zerodha Explainer Video
Is Zerodha A Good Broker?
We spent over 3 months examining Zerodha in depth. Although we found some very useful aspects of the Zerodha platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Zerodha broker.
- Zerodha have a good track record of offering Stocks, Commodities, Indices.
- Zerodha has a history of over 11 years.
- Zerodha has a reasonable sized customer support of at least 10.
- Zerodha are regulated by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. This means Zerodha fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Zerodha have regulation from Tier 1 reputable regulators.
- Zerodha has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Zerodha have an international presence in multiple countries. This includes local Zerodha seminars and training.
- Zerodha are able to hire people from various locations in the world who can better communicate in your local language.
Zerodha Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.
Zerodha not quite right?
If after reading this Zerodha review, Zerodha does not fulfill your needs check out these Zerodha Alternatives.
Click here to view the best Zerodha Alternatives
We have spent years researching the best alternatives to Zerodha. Click the links below to learn more.
If you feel some of the above Zerodha are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Zerodha alternatives below.
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Related Zerodha Vs Comparisons
We have covered allot in this Zerodha review, If you want to see how Zerodha compares side by side with other brokers check out our Zerodha Vs pages.
If you would like to see how Zerodha stands up against other brokers you can read some of our Zerodha comparisons below. We compare side by side some of our top rated Zerodha versus comparisons. Read our indepth Zerodha VS pages below.
- Zerodha vs eToro
- Zerodha vs XTB
- Zerodha vs ICMarkets
- Zerodha vs AvaTrade
- Zerodha vs Roboforex
- Zerodha vs Pepperstone
- Zerodha vs XM
- Zerodha vs FPMarkets
- Zerodha vs Plus500
- Zerodha vs FXPrimus
- Zerodha vs easyMarkets
- Zerodha vs SpreadEx
- Zerodha vs ThinkMarkets
- Zerodha vs NordFX
- Zerodha vs Markets.com
- Zerodha vs HYCM
- Zerodha vs Axitrader
- Zerodha vs Swissquote
- Zerodha vs ForexMart
- Zerodha vs Eightcap
- Zerodha vs AdmiralMarkets
- Zerodha vs ForTrade
- Zerodha vs FxPro
- Zerodha vs PhoenixMarkets
- Zerodha vs ETFinance
- Zerodha vs Oinvest
- Zerodha vs EZINVEST
- Zerodha vs InteractiveBrokers
Zerodha review
ZERODHA Frequently Asked Questions
Read our detailed Zerodha FAQ Section updated for 2021.
Can I try Zerodha before I buy?
Zerodha do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do Zerodha accept?
Please note that the list of payment methods below depend on the Zerodha Entity and the Clients Country of Residence.
Zerodha offer the following funding payment methods Credit cards, Bank Transfer, PayPal, Debit cards, among other payment methods.
Learn more here
Is Zerodha safe?
Zerodha are considered safe as they are regulated by and checked for conduct by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Any payments funded to Zerodha accounts by traders are held in a segregated bank account. For added security Zerodha use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
Your capital is at risk
Is Zerodha trading good?
Zerodha is considered good and reputable to trade with Zerodha. Zerodha is used by over 1,500,000 active traders and Zerodha users. Zerodha offers Stocks trading, Commodities trading, and Indices trading. Minimum deposit with Zerodha is 0.
Is Zerodha trading Legit?
Zerodha was founded in India in 2010. Zerodha has been facilitating trade on the financial markets for over 11 years. Zerodha offers clients Stocks trading, Commodities trading, and Indices trading. All funds deposited to Zerodha are held in segregated tier 1 bank accounts for security. Zerodha is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange so can be considered legit.
Is Zerodha a good broker?
Zerodha is overseen by the top tier financial regulators Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange so can be considered a good broker. Zerodha allows Stocks trading, Commodities trading, and Indices trading.
Is Zerodha trustworthy broker?
Zerodha can be considered trustworthy. All money funded to Zerodha is placed into a segregated tier 1 bank account. this means your money in not held by Zerodha directly by a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Zerodha is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.
What is the minimum deposit for Zerodha?
The minimum deposit to trade with Zerodha is 0.
How long do Zerodha withdrawals take?
Withdrawing money from Zerodha processing time varies but averages 2-5 days.
Is Zerodha regulated?
Zerodha is regulated by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Regulatory bodies conduct regular reviews and audits as part of Zerodha maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Zerodha a market maker?
Zerodha is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.
How can I start trading with Zerodha?
When opening a trading account with Zerodha, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Zerodha trading platforms here.
Is my money safe with Zerodha?
Zerodha is regulated by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. One of the most important criteria for traders when choosing a broker like Zerodha is the regulatory body and regulatory status of the broker.
Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Zerodha, this will be honored.
If they violate any regulatory rules their regulated status can be stripped.
Is Zerodha a con?
Zerodha is regulated and well established having been in business for over 11 years. Zerodha is definitely not a con.
Can you make money with Zerodha?
Although traders have had great success with Zerodha. Trading on the financial markets with Zerodha is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Zerodha have fees?
Zerodha doesn't charge withdrawal fees. Zerodha doesn't charge inactivity fees. Zerodha doesn't charge deposit fees.
When was Zerodha founded?
Zerodha was founded in 2010.
How many people use Zerodha?
Zerodha is used by over 1,500,000 registered Zerodha users.
What is Zerodha Headquarters country?
Zerodha has its head quarters office in India.
Does Zerodha offer negative balance protection?
Zerodha offers negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.
Does Zerodha offer guaranteed stop loss?
Zerodha does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Zerodha allow scalping?
Zerodha does not offer scalping.
Does Zerodha allow hedging?
Zerodha offers hedging.
Does Zerodha offer CFD trading?
Zerodha does not offer CFD trading.
Does Zerodha offer STP?
Zerodha offers STP trading.
How many people use Zerodha?
Zerodha is used by over 1500000 Zerodha users and traders.
Is Zerodha an ECN broker?
Zerodha does not offer ECN trading.
Does Zerodha offer a demo account?
Zerodha does not offer demo account.
Does Zerodha offer an Islamic account?
Zerodha does not offer Islamic accounts.
What are the funding methods for Zerodha?
Please note that funding methods and funding options available with Zerodha can be found in the Zerodha Members area and depend on the Zerodha client’s country of residence. Please check your specific available payment methods on the Zerodha website. Zerodha accept the following funding methods : Credit cards, Bank Transfer, PayPal, Debit cards.
Zerodha review written by Andrew Blumer and Mark Hansen
