Overview of Zerodha fees and charges
It's safe to say that Zerodha's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use Zerodha even in case you trade frequently like multiple times a week or daily.
Here's a high level overview of Zerodha's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | - | Not available |
| EURUSD fee | - | Not available |
| US tech fund fee | - | Not available |
| Inactivity fee | Low | No inactivity fee |
Zerodha fees
Zerodha fees explained
We compare Zerodha fees with its closest competitors, Sharekhan and Interactive Brokers.
Zerodha fees
Zerodha trading fees
Zerodha's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).
Let's break down the trading fees into the different asset classes available at Zerodha.
Trading fees
Zerodha's trading fees are low.
Stock fees and ETF fees
Zerodha has low stock trading fees.
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| US stock | - | - | $1.0 |
| UK stock | - | - | $3.4 |
| German stock | - | - | $3.0 |
Forex fees
Zerodha's forex fees are .
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| EURUSD benchmark fee | - | - | $14.7 |
| EURGBP benchmark fee | - | - | $12.6 |
Fund fees
Zerodha fund fees are .
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| Mutual fund | - | - | $15.0 |
| EU mutual fund | - | - | $4.4 |
Bond fees
Zerodha has bond fees.
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| US Treasury bond | - | - | $5.0 |
| EU government bond | - | - | $10.0 |
Options fees
Zerodha's options fees are .
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| US stock index options | - | - | $6.5 |
| UK stock index options | - | - | $19.2 |
| German stock index options | - | - | $16.8 |
Futures fees
Zerodha's futures fees are .
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| US micro e-mini stock index futures | - | - | $2.5 |
| UK stock index futures | - | - | $19.2 |
| German e-mini stock index futures | - | - | $7.9 |
Financing rates
Zerodha financing rates are .
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| Apple CFD financing rate | - | - | 5.3% |
| Vodafone CFD financing rate | - | - | 4.5% |
| EURUSD financing rate | - | - | 2.7% |
| EURGBP financing rate | - | - | 2.1% |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Zerodha fees
Zerodha non-trading fees
When it comes to looking at all the non-trading fees Zerodha is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.
Non-trading fees include various brokerage fees and charges at Zerodha that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | No | No |
| Account fee | Yes | Yes | No |
Zerodha fees
Zerodha deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Zerodha is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Zerodha offers.
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | No |
| Electronic wallets | Yes | No | No |
| Deposit fee | $0 | $0 | $0 |
Zerodha fees
Zerodha withdrawal fee
Unlike some online brokers we have reviewed Zerodha does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| Zerodha | Sharekhan | Interactive Brokers | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | No |
| Electronic wallets | Yes | No | No |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
Zerodha fees
Zerodha inactivity fee
Zerodha does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
