Zerodha is one of the most popular stock brokers in India and the largest discount broker by number of users. It is widely known for its simple pricing structure and low brokerage charges.

However, many beginners are often confused about Zerodha’s complete cost structure. Apart from brokerage, there are several other charges such as annual maintenance fees, DP charges, and statutory taxes.

In this guide, we explain Zerodha brokerage charges in detail, including delivery charges, intraday brokerage, futures and options costs, and additional fees investors should know.

If you are just starting your investing journey, you can first read our guide on How to Start Investing in Stock Market in India.

What is Zerodha?

Zerodha is a discount stock broker founded in 2010 by Nithin Kamath. The platform allows investors to trade and invest in stocks, derivatives, mutual funds, and bonds.

Zerodha’s biggest advantage is its flat brokerage model, which is much cheaper compared to traditional brokers.

Key features include:

• Flat brokerage structure
• Advanced trading platform (Kite)
• Direct mutual fund investments
• No brokerage for equity delivery

These features make Zerodha one of the best Demat accounts for beginners in India.

Zerodha Brokerage Charges Overview

Zerodha follows a simple and transparent brokerage structure.

The brokerage is flat per executed order, which means you pay the same brokerage whether you trade ₹10,000 or ₹10 lakh.

Zerodha Equity Delivery Charges

One of Zerodha’s biggest advantages is zero brokerage on equity delivery trades.

This means if you buy shares and hold them for long-term investment, you do not pay any brokerage.

However, other charges like STT, GST, and exchange fees still apply.

For long-term investors, this makes Zerodha one of the most cost-effective brokers.

Zerodha Intraday Brokerage Charges

Intraday trading involves buying and selling shares within the same trading day.

Zerodha charges:

Example:

If you buy shares worth ₹1,00,000 and sell them the same day, brokerage will be ₹20 per order.

Zerodha Futures and Options Charges

For derivatives trading, Zerodha charges a flat brokerage per order.

Options traders should note that additional charges such as STT and exchange transaction charges also apply.

Zerodha Annual Maintenance Charges (AMC)

Apart from brokerage, Zerodha also charges a yearly maintenance fee for maintaining your Demat account.

AMC is charged quarterly in your trading account.

Read Our Full Guide on :- Demat Account AMC Charges Explained (2026 Guide)

Zerodha DP Charges

DP charges apply when you sell shares from your Demat account.

These charges are collected by the depository (CDSL).

Even though Zerodha charges zero brokerage on delivery trades, DP charges still apply when selling shares.

Other Zerodha Charges

Apart from brokerage and AMC, there are some additional charges investors should know.

These charges apply only in specific situations.

Zerodha Hidden Charges Explained

Zerodha is known for its transparent pricing, but beginners sometimes overlook the additional statutory charges.

These include:

• STT (Securities Transaction Tax)
• GST on brokerage
• SEBI charges
• Exchange transaction charges
• Stamp duty

These charges apply across all brokers and are regulated by exchanges.

You can estimate your trading costs using our Demat Brokerage Comparison Calculator.

Zerodha vs Other Brokers

Let’s compare Zerodha’s charges with other popular brokers.

If you want a detailed comparison, read our guide on Zerodha vs Groww for Beginners.

Why Zerodha is Popular Among Beginners

Zerodha has become one of the most popular platforms for new investors because of its simple and low-cost structure.

Advantages include:

✔ Zero brokerage on long-term investments
✔ Flat ₹20 brokerage for trading
✔ Powerful trading platform
✔ Strong reputation in India

These features make it suitable for both beginners and experienced traders.

Is Zerodha the Cheapest Broker?

Zerodha is among the most affordable brokers, but some brokers may offer lower AMC charges.

However, Zerodha’s transparent pricing and reliable platform make it one of the best choices for beginners.

If you are planning to open a Demat account, you can also explore our guide on Best Demat Account for Beginners in India.

Final Thoughts

Zerodha has built its reputation by offering one of the simplest brokerage structures in India. With zero brokerage on delivery trades and a flat ₹20 fee for intraday and derivatives trading, it remains one of the most cost-effective brokers.

Understanding the complete cost structure including AMC, DP charges, and statutory taxes helps investors make better trading decisions.

For beginners looking to start their investing journey, Zerodha continues to be one of the most reliable and affordable options.

Frequently Asked Questions

What are Zerodha brokerage charges for delivery?

Zerodha charges zero brokerage for equity delivery trades.

What is Zerodha intraday brokerage?

Intraday brokerage is ₹20 or 0.03% per order, whichever is lower.

What are Zerodha Demat account charges?

Zerodha charges ₹300 per year as AMC for maintaining the Demat account.

Does Zerodha charge hidden fees?

Zerodha does not have hidden brokerage fees, but statutory charges such as STT, GST, and exchange fees apply.

Is Zerodha good for beginners?

Yes, Zerodha is considered one of the best brokers for beginners in India because of its low brokerage and simple trading platform.