Fineco Bank vs Zerodha compared

Fineco Bank
Zerodha
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Account opening score
    4.2
    /5
  • Markets and products score
    4.0
    /5
  • Deposit and withdrawal score
    4.6
    /5
  • Account opening score
    2.0
    /5
  • Markets and products score
    2.0
    /5
  • Deposit and withdrawal score
    2.8
    /5
Recommended for
  • Equity
    4.6
    /5
  • Beginners
    3.7
    /5
  • Equity
    4
    /5
You can't open an account in United States
You can't open an account in United States

Basic data of broker

Overall Score
4.7

Recommended for Traders and investors looking for a great trading platform and a broker with a solid background

Overall Score
4.2

Recommended for Traders and investors (including beginners) focusing on the Indian market and looking for low fees

Country of origin

Italy

Country of origin

India

Fees

Fees score
3.4
Fees score
4.7
Fees summary

Low stock, ETF, bond fees and low non-trading fees, while high forex and options fees

Fees summary

Low trading and non-trading fees, low stock and ETF fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.6
Deposit and withdrawal score
2.8
Number of base currencies

21

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
4.2
Account opening score
2.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1-3 days

Time to open account

>3 days

Required documents

Proof of identity: national ID / passport / driver's license

Required documents

Photograph, Aadhar Card, Pan card details, Bank Statements, Signature specimen

Trading platform

Web platform score
4.0
Web platform score
3.8
Mobile platform score
4.4
Mobile platform score
4.3
Desktop platform score
2.4
Desktop platform score
-

Markets and products

Markets and products score
4.0
Markets and products score
2.0
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
*
*
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
CFDs
CFDs
CFD disclaimer

Disclaimer: 68.03% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
3.8
Research score
5.0
Charting quality

Poor

Charting quality

Great

Education score
3.0
Education score
3.5
Demo account
Demo account

Customer service

Customer service score
4.5
Customer service score
3.9
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

Up to €100,000 for cash and €20,000 for securities

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1999

Foundation date

2010

Country of regulation

Italy, UK

Country of regulation

India

Fineco Bank

For detailed information and hands-on experience, read our review of this broker.

Zerodha

For detailed information and hands-on experience, read our review of this broker.

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.

Fineco Bank's service is slightly better than Zerodha's and a comparison of their fees shows that Fineco Bank's fees are higher than Zerodha's.

Account opening takes less effort at Fineco Bank compared to Zerodha, deposit and withdrawal processes are more seamless at Fineco Bank, while customer service quality is somewhat better than Zerodha's.

Our experts rated the trading platform of Fineco Bank as being of the same quality as the platform of Zerodha, found that clients have access to more markets and products with Fineco Bank, while Zerodha provides better research and education.

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