Zerodha
₹20 / Intraday & F&O order
★ 4.8
Our rating
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Account opening
Free (₹0)
AMC
₹300/yr
Brokerage
₹20 / Intraday & F&O order
Delivery
₹0
Intraday
₹20 per order
DP Charges
₹13.5 + 18% GST = ₹15.93 per ISIN
SEBI registered broker · Reg. no. INZ000031633 — verified from the NSE/BSE member list and SEBI records.
Why 4.8 out of 5
Our score = 40% cost + 20% charge transparency + 20% support & platform + 20% our own account-opening experience.
- Cost (brokerage + hidden charges) (40%)5.0
- Charge transparency (20%)4.9
- Support & platform (20%)4.4
- Our account-opening experience (20%)4.6
Our five-point check
- Account opening chargesFree - Verified₹0 for demat + trading account; fully online e-KYC, usually live in a day. Source: zerodha.com
- AMC (annual maintenance)₹300/yr - VerifiedAnnual maintenance charge ₹300 + GST. Verified 20 Oct 2026.
- Equity delivery₹0 - VerifiedZero brokerage on delivery equity and on Coin mutual funds.
- Intraday & F&O₹20 per order - VerifiedFlat ₹20 per executed intraday and F&O order.
- Hidden chargesDP ₹15.93₹13.5 per scrip on sale and ₹50 per phone order are the only extras.
How we reviewed: Charges verified from the broker's official website as on 20 Oct 2026. SEBI registration verified from NSE/SEBI records. We do not copy reviews from other portals.
Features
Pros
- +Lowest flat brokerage, stable platform, excellent self-learning resources.
Cons
- −No tip or advisory service, support limited vs full-service brokers.
Charge list
| Equity delivery | ₹0 |
| Equity intraday | ₹20 per order |
| F&O (every segment) | ₹20 per order |
| DP charges | ₹13.5 + GST per scrip |
Markets & segments
Equity · F&O · Currency · Commodity · Mutual funds
Full review
Zerodha built the discount-broker template in India: flat ₹20 per executed intraday and F&O order, no brokerage on delivery equity. Pricing verified from zerodha.com/charges. SEBI INZ000031633.
Verification & Data Sources:
Source: https://zerodha.com/charges/
Last Verified: 20 Oct 2026 | Verified from zerodha.com/charges, NSE member list, SEBI SCORES
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Data last updated 28 Oct 2026, 01:55 am. When you open an account via our links, we may earn a referral fee at no extra cost to you.