Compare eToro vs Zerodha


Online brokers compared for fees, trading platforms, safety and more. See how eToro stacks up against Zerodha!

eToro vs Zerodha
overall rating
4.5
4.2
overall pros
  • Free stock and ETF trading
  • Seamless account opening
  • Social trading experience
  • Low fees
  • Great trading platforms
  • Solid research
overall cons
  • High non-trading fees
  • Only one account base currency
  • Customer support can be improved
  • Slow account opening process
  • Only Indian market covered
  • No investor protection
fees
4.5
  • Low trading fees
  • Free stock and ETF trading
  • Low forex and CFD fees
  • High non-trading fees
4.8
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • Account opening and maintenance charges
account opening
3.8
  • Fast
  • Fully digital
  • Low minimum deposit
1.8
  • No minimum deposit
  • Slow
  • Not fully digital
  • Only Indian citizens accepted
deposit and withdrawal
3.5
  • Credit/Debit card available
  • No deposit fee
  • User-friendly
  • Only one account base currency
  • $5 withdrawal fee
  • Conversion fee for non-USD deposits
2.8
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
web trading platform
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
3.8
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
4.3
  • User-friendly
  • Good variety of order types
  • Price alerts
  • No two-step (safer) login
desktop trading platform
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
2.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
3.5
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • Analyst recommendations
  • No fundamental data available
  • No/poor quality news flow
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Fees charged for many research tools
customer service
3.3
  • Live chat
  • Fast response time
  • Relevant answers
  • No phone support
  • No 24/7 support
  • Live chat is offline quite often
3.9
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
2.5
  • Demo account
  • Intro guide to the platform
  • Basic educational videos
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Well-known innovative fintech firm.
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • No investor protection
  • No negative balance protection
  • Does not hold a banking license
recommended for Traders interested in social trading (i.e. copying other investors’ trades) & zero commission stock trading Traders and investors (including beginners) focusing on the Indian market and looking for low fees
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