Broker Guidelines

Guidelines for Zerodha

Zerodha: An Overview

Zerodha is India's largest stockbroker, renowned for revolutionizing the brokerage industry with its discount broking model. Founded in 2010, Zerodha offers a wide range of financial services including equity trading, commodities, derivatives, mutual funds, and bonds, primarily catering to retail investors through a low-cost, technology-driven approach. With its innovative and transparent pricing—zero brokerage on equity delivery and a flat ₹20 fee on intraday and F&O trades—Zerodha has attracted millions of users and consistently ranks as the top broker in terms of active clients. Zerodha's in-house platforms like Kite (web and mobile trading), Console (back-office reports and analytics), and Coin (mutual fund investments) provide an intuitive, seamless trading experience. Its robust API offerings also empower developers and algorithmic traders to build custom solutions. By combining financial literacy initiatives with powerful, easy-to-use tools, Zerodha continues to lead the digital transformation of India's capital markets.

Info

What you will need to add Zerodha account in Cirrus

  • You need to have a Cirrus Account. If you don't have one, follow the LINK.

• You need to have an active Demat account in Zerodha. If you don’t have an account, create an account on Zerodha. Make sure to activate F&O on your account. • Goto https://developers.kite.trade/apps and click on Create an app

Step 1

• Enter the required details and enter Redirect URL as https://cirrus.tradinx.in/add-broker-account/zerodha/ and click on create.

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• Now copy the API key and store it and then click on it.

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• Next click on Show API secret and store it

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FAQs for Zerodha

1. How do I contact Zerodha customer care?

You can reach Zerodha customer support through their ticket-based helpdesk on support.zerodha.com, or by calling their helpline at 080 47192020 / 080 47181888. You can also use email or the in-app support option.

2. Does Zerodha offer WhatsApp support?

No, Zerodha does not currently provide customer service via WhatsApp. All queries are handled through their support portal or phone.

3. How does the Zerodha "Refer and Earn" program work?

Zerodha’s referral program allows you to refer others to open an account using your referral link. You earn 10% of the brokerage they generate for life, directly credited to your Zerodha account.

4. How can I earn money with Zerodha?

You can earn through trading or investing in equities, mutual funds, derivatives, and commodities. Additionally, you can earn passive income via the referral program or by becoming a Zerodha Partner.

5. How do I download and install the Zerodha app?

The Zerodha Kite app can be downloaded from the Google Play Store and Apple App Store. You can also access Kite via a web browser at kite.zerodha.com.

6. Is the Zerodha app safe and legal in India?

Yes, Zerodha is SEBI-registered and operates in full compliance with Indian regulatory guidelines. Its apps use robust encryption and security protocols to ensure safe trading.

7. What are the brokerage charges for Zerodha?

Zerodha charges zero brokerage on equity delivery trades. For intraday and F&O trades (equity, commodity, and currency), the brokerage is ₹20 or 0.03% per order, whichever is lower.

8. How is the brokerage fee calculated in Zerodha?

The fee is flat: ₹20 per executed order or 0.03% of the trade value (whichever is lower) for intraday and F&O. There are no hidden charges or percentage-based commissions.

9. Is Zerodha better than other brokers like Generic Broker?

Zerodha is widely regarded for its transparent pricing, in-house tech platforms, and wide investor base. Whether it’s better than another broker depends on your specific trading style, needs, and preferences.