Webull vs Zerodha compared

Webull
Zerodha

Webull

Key score 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 score5.0/5.0
  • Trading platform combined score5.0/5.0
  • Markets and products score2.9/5.0
Good to know
Recommended for
  • beginners 4.44/5
  • equity 4.29/5
You can open an account at Webull

Zerodha

Key score 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 score2.0/5.0
  • Trading platform combined score4.1/5.0
  • Markets and products score2.0/5.0
Good to know
Recommended for
  • beginners 3.72/5
  • equity 4.00/5
You can't open an account at Zerodha
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.8

Recommended for Investors and traders looking for zero-commission trading and easy platforms

Best broker for IPO

Overall Score
4.2

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

Country of origin

USA, Hong Kong and Macao

Country of origin

India

Fees

Fees score
4.8
Fees score
4.7
Fees summary

Commission-free stock and ETF trading, low non-trading 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
1.9
Deposit and withdrawal score
2.8
Number of base currencies

1

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
2.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

>3 days

Required documents

Proof of identity: SSN / passport / national ID card / driver's license/tax identification number

Required documents

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

Trading platform

Web platform score
5.0
Web platform score
3.8
Mobile platform score
5.0
Mobile platform score
4.3
Desktop platform score
5.0
Desktop platform score
-

Markets and products

Markets and products score
2.9
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

Research, education

Research score
4.4
Research score
5.0
Charting quality

Great

Charting quality

Great

Education score
4.0
Education score
3.5
Demo account
Demo account

Customer service

Customer service score
3.3
Customer service score
3.9
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000) for US customers, and HKD 500,000 for securities and HKD 0 for cash in Hong Kong and China

Investor protection amount

No protection

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

2017

Foundation date

2010

Country of regulation

USA, Hong Kong

Country of regulation

India

Webull

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.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

Webull's service is slightly better than Zerodha's and a comparison of their fees shows that Webull's fees are similar to Zerodha's.

Account opening takes much less effort at Webull compared to Zerodha, deposit and withdrawal processes are somewhat more complicated at Webull, while customer service quality is somewhat lower than Zerodha's.

Our experts rated the trading platform of Webull as somewhat better than the platform of Zerodha, found that clients have access to slightly more markets and products with Webull, while Zerodha provides somewhat better research and education.

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