Online brokers compared for fees, trading platforms, safety and more. See how Royal stacks up against Zerodha!
Last update of data—Dec 2022
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
Zerodha is one of the biggest discount brokers in India. It is regulated by the SEBI.
Recommended for traders looking for low forex fees and preferring the MetaTrader platform.
Recommended for traders and investors (including beginners) focusing on the Indian market and looking for low fees.
Royal
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
Recommended for traders looking for low forex fees and preferring the MetaTrader platform.
Zerodha
Zerodha is one of the biggest discount brokers in India. It is regulated by the SEBI.
Recommended for traders and investors (including beginners) focusing on the Indian market and looking for low fees.
Royal's service is on par with Zerodha's and a comparison of their fees shows that Royal's fees are higher than Zerodha's.
Account opening takes much less effort at Royal compared to Zerodha, deposit and withdrawal processes are more seamless at Royal, while customer service quality is somewhat better than Zerodha's.
Our experts rated the trading platform of Royal as somewhat worse than the platform of Zerodha, found that clients have access to about the same number of markets and products with Royal, while Zerodha provides somewhat better research and education.
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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