Zerodha Alternatives in 2025

Are you not fully satisfied with the services of Zerodha and looking for some similar, but better options? Or maybe it's not available in your country, and you're interested in another broker like it?

We dug through our database to find other trusted providers that may better fit your needs. In our expert view, the best alternatives to Zerodha are:

1. Interactive Brokers - International broker providing all asset classes
2. Ally Invest - US stockbroker
3. E*TRADE - US stockbroker
4. Charles Schwab - US discount broker
5. Fidelity - US stockbroker
6. Firstrade - US discount broker
7. J.P. Morgan Self-Directed Investing - US-based discount broker
8. moomoo - US zero-fee discount broker
9. Merrill Edge - US discount broker
10. Vanguard - US stockbroker

There are multiple excellent alternatives to Zerodha

There are multiple excellent alternatives to [Broker name]

Adam Nasli

Regulation • Fighting Scams • Market Analysis

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Learn about our methodology

Adam Nasli

Regulation • Fighting Scams • Market Analysis

Together with my brokerage analyst colleagues, I have thoroughly tested the services of over 100 trusted brokers around the world by opening a real-money account. Here's what you need to know about finding alternatives to Zerodha:

• You have several great options when looking for an alternative to Zerodha.

• These alternatives offer similar products and target similar clients as Zerodha.

• Compare some key factors (like fees) to find the broker that best suits your needs.

• Use our Compare Brokers tool to dig deeper into the differences between brokers.

In the table below we collected all the most important details so you can check how the Zerodha and its alternatives compare to each other. Just use the drop-down menus to select the features you want to compare.

Popularity of the best alternative brokers to Zerodha

Interested in what others think? Here's how many people chose these brokers, which are the best alternatives to Zerodha, at BrokerChooser in the last 6 months.

Why are these brokers considered good alternatives to Zerodha?

When we say a given online broker is a good alternative to Zerodha we mean that these brokers are similar to Zerodha in:

• the products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.

• the type of clients they target, i.e. beginners, experienced investors, or day traders.

Look into these areas when comparing Zerodha alternatives

When trying to find the the best alternative choice to Zerodha, you should check and compare their characteristics along these five main categories that best bring out the differences between brokers:

Fees: Your online brokerage may charge different types of fees, and both the number and the size of these fees may vary significantly from broker to broker. This can greatly impact your returns and overall experience. Zerodha is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Zerodha alternative.

Account opening: To open an account some brokers don't ask for a minimum deposit at all, while others may require up to €50,000 to be invested. The time it takes to open your account can be very different as well. At Zerodha, the account opening is slower than average, so if you consider this important some Zerodha alternatives could be a good choice.

Deposit/withdrawal: The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at Zerodha, some alternatives might allow you to do that.

Web trading platform: While online brokers are usually available on various platforms like mobile and tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products: A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Zerodha alternative is a must.

So far BrokerChooser has reviewed 104 online brokers in detail, which gives this comparison a solid foundation. Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

• open a live account
• check over 100 criteria, with importance based on the preferences of real traders
• refresh data regularly

Now let's dive into the details of how Zerodha and its alternatives perform in the most important areas!