Is Zerodha good for beginners?

  • Asked By
  • Updated On:
  • Replies:

Short Answer

Zerodha is the largest stockbroker in India which holds more than 19% of the total market share. It is good for beginners as the account and brokerage charges are low. It offers a great trading platform and has a simple-to-use UI. All these features make it a suitable choice for beginners as well as advanced traders and investors.

Detailed Answer

About Zerodha

Zerodha is a leading stockbroker in India and is furthermore the country’s largest discount broker. It currently has more than 1 crore active clients which comprise almost 19.06% of the total market share. Zerodha was founded in 2010 and was formed by Nithin and Nikhil Kamath.

Zerodha is a discount broker which allows you to invest in almost all the segments like equity, derivatives, bonds, and mutual funds.

Is Zerodha good for beginners?

In one word, absolutely. Zerodha is suitable for beginners for a number of factors. Some of them are listed below.

1. Reliability

If you are beginning your investment journey or opening a Demat account for the first time then Zerodha is a preferred option. Being India’s largest broker, you don’t have to worry about its trustworthiness. It has more than 1 crore investors and traders who use the platform daily. Hence, you can stay assured that the broker is reliable.

2. Easy to use platform

One of the key advantages of using Zerodha is its UI (User Interface). It has an extremely simple, yet effective interface which can be used by beginners as well as advanced traders. The platform is extremely elegant and has all the necessary tools and charting tools, needed for technical analysis and trading. There are more than 7 wishlists where you can add the stocks which you want to track and purchase. Even a novice investor can figure out the details of the application due to its simplicity.

3. Advance mobile and web application

Zerodha’s mobile platform ‘Kite’ is one of the best applications for traders as well as investors. It also provides a top-of-the-line web application as well as a separate terminal for traders known as ‘Pi.’ These platforms are free of cost and can be used by all Zerodha users.

4. Additional learning facilities

Zerodha provides other informative platforms such as ‘Varsity’ and ‘Finshots’ for your education and learning. Finshots provides detailed sector analysis or stock analysis reports. Whereas Varsity is a learning platform on which you can explore the basics of trading and fundamental analysis. These platforms are provided to Zerodha users for free. Therefore, beginners can make use of these resources to get insights and learn the basics of the industry.


To sum it up Zerodha has a great UI, good platform, necessary tools, low platform and brokerage fees, etc. Considering all these, it can be stated that Zerodha is one of the best discount brokers out there. It is also reasonably priced at Rs 200 per annum, hence beginners looking for a discount broker should definitely consider it. In addition, you can all other investment features like investing in Bonds, Debentures, Shares, Mutual Funds, IPOs, etc all under one platform.

On the other hand, being a discount broker, Zerodha does not provide additional features like research reports or stock recommendations. Investors who rely on such data will have to arrange them at an additional cost from other platforms.

Tagged With: discount brokerstock brokerzerodhastock marketstock tradingindian stock market
Ask Your Query for FREE, Get quick answers from our FINTRAKK community!
Discussion (2)

When I began trading, most of the people recommended Zerodha. It is easy to use and simple keeping in mind the Indian needs and demands.

As explained in the article, not only Zerodha is the largest Indian Stock broker but also it is the Simplest and the most easy to use among all the brokers in Indian Markets! Its easy to use interface and user experience is absolutely begineer friendly! Must use if you're new to the stock market!

Related FAQs
Which is the best stock broker for beginners in India?

Discount brokers have gained a lot of popularity in the past couple of years. Zerodha is currently India's largest and most trusted discount broker which is also the best option for beginners. It has all the necessary qualities required for a good broker like low commissions, low-maintenance charges, high-quality trading terminal, etc.

Which is best 5paisa vs Zerodha stock broker?

You might have read about different stock brokers in India. Here I'll review two of the most popular discount brokers in India: 5Paisa v/s Zerodha Comparison.

Is Zerodha free or paid?

Zerodha is an Indian discount stock broker which provides various services to its customers. Zerodha is a paid platform with Rs 200 as account opening charges and their brokerage rates are different for each segment which are discussed in detail.

How to login into Kite Zerodha demat account? What are the ways to login into Zerodha Kite?

To login Zerodha Kite, you have to enter your Login ID and password. Before that, you must have a demat and trading account with Zerodha to have complete access to its stock trading platform.

Angel Broking vs Zerodha Comparison: Which is better stock broker?

There are a number of stock brokers in India. Here we highlight two of the leading stock broking companies: Angel Broking vs Zerodha, a comparison to read.

Who is the No.1 Stock Broker in India?

When talking about the best stock broker in India, we cannot rule out Zerodha. It is the market leader in bargain stockbroking, is premised in Bengaluru, and accounts for more than 15% of total retail trading activity in the country. Mr. Nitin Kamath formed the leading brokerage firm in 2010 Kamath, and it now has a customer base of over 6 million.

Which is better Sharekhan vs. Zerodha Stock Broker?

I was just going through some stock broker reviews. So, I thought of sharing my opinion, A side by side Comparison of two popular stock brokers: Sharekhan vs. Zerodha.

What are TradingView alternatives in India? I want to know about some alternatives that can be used in place of TradingView.

Are you looking for TradingView alternatives in India? We have compiled a list of some of the best charting platforms for investors and traders.

How do stock brokers make money?

Stock Market is always at risk and involves around a lot of aspects. A daily news viewer also needs time to understand what is exactly going on. To actually dive into the world of stocks, it is important to read about the companies and their strategies and that is what stockbrokers do. They understand the company, do their research and expect the price of stocks by studying the company's ways of dealing with stock market strategies and also about the market forces. Let us now go through the actual topic and understand things better.

How does Zerodha make money?

Zerodha has established itself as the number one stock broker and has way more users than its competitors in the Indian brokerage companies. Zerodha continuously reported rising revenues every year and and is a profitable organisation due to various factors which have led to their growth apart from collecting brokerage from traders.