Charges at a glance
About Zerodha
Zerodha is one of India's largest discount stockbroking firms, known for its flagship trading app Kite and zero brokerage on equity delivery trades. It offers demat and trading accounts registered with SEBI and the depositories (CDSL), along with mutual fund investing through Coin and portfolio tracking through Console.
The platform is popular with both first-time investors, thanks to its clean interface and free-delivery pricing, and active traders, who use its charting tools, order types and public trading APIs for algo strategies.
Platforms
Kite
Web and mobile trading terminal with real-time charts, watchlists and order placement.
Console
Back-office dashboard for tracking holdings, positions, funds and statements.
Coin
Direct mutual fund investing platform, commission-free on direct plans.
Regulatory & statutory charges
Besides brokerage, every trade attracts STT/CTT, exchange transaction charges, SEBI charges, GST and stamp duty. These are fixed by the government/exchanges and are the same across brokers.
Calculate the exact charges for any trade upfront using our brokerage calculator.
Equity
| Charge | Equity delivery | Equity intraday | F&O – Futures | F&O – Options |
|---|---|---|---|---|
| Brokerage | Zero brokerage | 0.03% or ₹20/order, whichever is lower | 0.03% or ₹20/order, whichever is lower | Flat ₹20 per executed order |
| STT/CTT | 0.1% on buy & sell | 0.025% on sell side | 0.05% on sell side | 0.15% on sell side (premium); 0.15% of intrinsic value if exercised |
| Transaction charges | NSE 0.00307% / BSE 0.00375% | NSE 0.00307% / BSE 0.00375% | NSE 0.00183% / BSE 0% | NSE 0.03553% / BSE 0.0325% (on premium) |
| SEBI charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| Stamp duty | 0.015% (buy side) | 0.003% (buy side) | 0.002% (buy side) | 0.003% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |||
Currency
| Charge | Currency futures | Currency options |
|---|---|---|
| Brokerage | 0.03% or ₹20/order, whichever is lower | ₹20 per executed order |
| STT/CTT | No STT | No STT |
| Transaction charges | NSE 0.00035% / BSE 0.00045% | NSE 0.0311% / BSE 0.001% |
| SEBI charges | ₹10 / crore | ₹10 / crore |
| Stamp duty | 0.0001% (buy side) | 0.0001% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |
Commodity
| Charge | Commodity futures | Commodity options |
|---|---|---|
| Brokerage | 0.03% or ₹20/order, whichever is lower | ₹20 per executed order |
| STT/CTT | 0.01% on sell side (non-agri) | 0.05% on sell side |
| Transaction charges | MCX 0.0021% / NSE 0.0001% | MCX 0.0418% / NSE 0.001% |
| SEBI charges | Agri ₹1/crore, Non-agri ₹10/crore | ₹10 / crore |
| Stamp duty | 0.002% (buy side) | 0.003% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |
Mutual funds
- Direct mutual fund investments via Coin are ₹0 commission and ₹0 DP charges.
- Stamp duty of 0.005% applies on the purchase (buy) side of mutual fund units, as mandated by the government.
- STT of 0.001% applies only on redemption (sell) of equity-oriented mutual fund units.
Charges for account opening
| Type of account | Charges |
|---|---|
| Individual account | free |
| Minor account | free |
| NRI account | ₹500 |
| HUF account | free (online) / ₹500 (offline) |
| Partnership, LLP, and Corporate accounts (offline only) | ₹500 |
Demat AMC (Annual Maintenance Charge)
Free for the first year on all new resident individual accounts. From the second year:
BSDA accounts (by holding value)
| Value of holdings | AMC |
|---|---|
| Up to ₹4 lakh | free |
| ₹4 lakh – ₹10 lakh | ₹100/year + 18% GST, charged quarterly |
| Above ₹10 lakh | ₹300/year + 18% GST, charged quarterly |
For a non-BSDA account, AMC is ₹300/year + 18% GST regardless of holding value, charged quarterly.
Penalties & other charges
Charges that apply only in specific situations — good to know upfront so nothing catches you off guard.
Penalties
Other charges
Pros & cons
What users like
- Zero brokerage on equity delivery trades
- AMC waived under the BSDA (small holding) category
- Fast, well-designed Kite app and web terminal
- Reliable during high market volatility
What to watch for
- Customer support response times can be slow
- Kite's interface has a learning curve for first-time users
- AMC applies once holdings cross the BSDA limit
Read what customers say about Zerodha
Overall rating 3.6/5 based on 7 customer reviews — or share your own experience.