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

Zerodha Fees snapshot
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

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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.

Stock fees of a $2,000 trade
Zerodha Sharekhan Interactive Brokers
US stock - - $1.0
UK stock - - $3.4
German stock - - $3.0

Forex fees

Zerodha's forex fees are .

Forex fees of a $20,000 30:1 position open, 1-week-hold, and close
Zerodha Sharekhan Interactive Brokers
EURUSD benchmark fee - - $14.7
EURGBP benchmark fee - - $12.6

Fund fees

Zerodha fund fees are .

A $2,000 fund buy fees
Zerodha Sharekhan Interactive Brokers
Mutual fund - - $15.0
EU mutual fund - - $4.4

Bond fees

Zerodha has bond fees.

Bond fees of a $10,000 trade
Zerodha Sharekhan Interactive Brokers
US Treasury bond - - $5.0
EU government bond - - $10.0

Options fees

Zerodha's options fees are .

Stock index options fees of 10 contracts
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 .

Stock index futures fee of 10 contracts
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 yearly financing rates
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.

A high level overview of how Zerodha stacks up in non-trading fees
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 deposit methods
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 withdrawal fees and options compared
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).

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

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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