BrokAIr Reviews

Zerodha Review

"Zerodha has disrupted the online brokerage space with its revolutionary zero-fee trading model, but this could come at a cost - are we trading away our financial security for no-fee trading?"

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Overview of Zerodha

Introduction

Zerodha is one of India's leading online stock and commodity trading platforms. Founded in 2010 by Nitin Kamath, Zerodha has quickly become one of the largest brokerages in the country. It offers a wide range of trading options and services, including stocks, commodities, currencies, mutual funds and more. The platform is available in both English and Hindi and is user-friendly, making it a great choice for beginner traders.

Pros and Cons

Zerodha has several advantages to offer traders. These include: However, there are also some drawbacks to consider when using Zerodha. These include:

Founders & Public Opinion

Zerodha was founded by Nitin Kamath in 2010. Since then, the company has grown to become one of India's leading online stock and commodity trading platforms. The company has been praised for its low brokerage fees and user-friendly trading platform. However, the lack of research tools and limited customer support have been identified as potential downsides. On balance, Zerodha has earned a positive reputation among traders in India.

Newsworthy Events

In 2015, Zerodha became the first Indian brokerage to offer free equity delivery trades across all exchanges in India. The company also launched its own mutual fund platform in 2016. In 2017, Zerodha was recognized as the "Best Online Brokerage" by the Financial Express Awards. In 2018, the company was granted a license from the Securities and Exchange Board of India (SEBI) to operate as a depository participant. Most recently, in 2020, Zerodha was awarded the "Best Trading Platform" award by NSE Investors' Association.