Overview of Zerodha fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates Zerodha charges.

Zerodha commission and other fees
Zerodha commission and other trading fees

The good news is that Zerodha has low trading fees in general. We ranked the fees of Zerodha as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Zerodha commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Zerodha commission and other trading fees
Zerodha Sharekhan Interactive Brokers
Stock and ETF Low High Low
Forex Low High Average
Fund - - Average
Bond - - Low
Options - - Low
Futures - - Low

Now let's go over the trading fees for each asset class one by one.

Zerodha stock and ETF commissions, spreads

Zerodha stock and ETF commissions are low. Zerodha stock and ETF commissions are charged as per the table below.

Zerodha stock and ETF commission
Zerodha
US stock Not available
UK stock Not available
German stock Not available
Indian stock Free equity delivery, 0.1% tax on buy and sell, 0.00325% NSE or 0.003% BSE transaction charge. 18% GST tax on transaction

You can compare Zerodha stock and ETF fees with the two closest competitors.

Zerodha stock and ETF commission, spreads vs competitors
Zerodha Sharekhan Interactive Brokers
US stock - - $1.0
UK stock - - $4.2
German stock - - $3.6
Indian stock $0.0 $4.00 $0.20

Stock and ETF commissions are calculated for a $2,000 trade

Zerodha forex commissions and spreads

Zerodha forex fees are low. Zerodha forex commissions and spreads for individual currency pairs are charged as per the table below.

Zerodha forex commissions and spreads
Zerodha
EURUSD fee Not available
GBPUSD fee Not available

Check out how Zerodha forex fees compare to its two closest competitors.

Zerodha forex fees vs competitors
Zerodha Sharekhan Interactive Brokers
EURUSD benchmark fee - - $10.7
GBPUSD benchmark fee - - $8.6
AUDUSD benchmark fee - - $8.6
EURCHF benchmark fee - - $7.8
EURGBP benchmark fee - - $10.7

Forex fees are calculated for a $20,000 trade using 30:1 leverage

Zerodha commission and other fees
Zerodha non-trading fees

In addition to trading fees, it's important to see if Zerodha charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Zerodha with its two closest competitors.

Zerodha non-trading fees vs competitors
Zerodha Sharekhan Interactive Brokers
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee Yes Yes No
Inactivity fee No No No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Zerodha commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Zerodha and its closest competitors. To learn more about Zerodha, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Ádám Nasli

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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