Compare Spreadex vs Zerodha


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

Spreadex vs Zerodha
overall rating
4.3
4.2
overall pros
  • Low forex fees
  • Good web platform
  • Helpful customer service
  • Low fees
  • Great trading platforms
  • Solid research
overall cons
  • Thin product selection
  • No desktop platform
  • Limited research and education tools
  • Slow account opening process
  • Only Indian market covered
  • No investor protection
fees
4.2
  • Low forex fees
  • No inactivity fee
4.7
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees / Free stock trading
  • Account opening and maintenance charges
account opening
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slower-than-average account verification
1.8
  • No minimum deposit
  • Slow
  • Not fully digital
  • Only Indian citizens accepted
deposit and withdrawal
4.3
  • Credit/Debit card available
  • No deposit fee
  • Free withdrawal in most cases
  • Average account currency selection
2.8
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Good search function
  • Guaranteed stop
  • No two-step (safer) login
  • Available only in English
3.8
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • 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
1.7
  • Forex
  • CFD
2.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
1.9
  • Good financial/trading blog
  • No trading ideas
  • No/limited set of analytic tools
  • Limited fundamental data
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Fees charged for many research tools
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
3.9
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
1.3
  • Trading platform tutorial
  • No demo account
  • No educational videos
  • No webinars
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Negative balance protection
  • 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 Spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options Traders and investors (including beginners) focusing on the Indian market and looking for low fees
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