Based on the provided search results, Zerodha is a legitimate, SEBI-regulated stockbroker and does not steal money from its clients. It is India's largest stockbroker with a clean track record since 2010.
Yes its safe , Zerodha or any Brokerage houses are safeguarded by SEBI . Many people including me have more than 1 CR worth investment with them .
Zerodha protects your client data through multiple layers of security measures and follows industry-leading practices that prioritise security at every level of our operations. Zerodha is extremely cautious, and security as a practice is baked into processes when writing code and managing infra.
Zerodha has built a strong reputation as a secure, SEBI-regulated broker with solid tech, transparent practices, and no-nonsense pricing. Its platforms, like Kite and Coin, are secure and backed by thoughtful infrastructure.
Your securities are held in your demat account which is with CDSL, a central depository. Zerodha works only as a service agent for a demat account. In terms of money in your trading account, it is highly recommended to move your surplus funds to your bank account which is relatively safer and insured by GoI.
Top Stock Brokers In India
Zerodha Cons (Disadvantages)
Doesn't provide stock tips, research reports or recommendations. Monthly unlimited trading plans are not available. Lifetime free AMC demat account plans are not available. An additional charge of Rs 50 per executed order for MIS/BO/CO positions which are not square off by the customer.
Since its incorporation in 2010, Zerodha has grown massively to become the leading and trusted discount broker in India. It has over 10 lakhs active customers and contributes 15% of daily retail trading volumes. The company is a member of BSE, NSE, MCX, and CDSL. Zerodha is a well-trusted broker in India.
List of Top Demat Accounts in India
You can only withdraw the amount shown as your withdrawable balance. You cannot withdraw money you added to your account on the same day. Your withdrawal may be rejected, or you may receive a lower amount if your balance reduces after the trade settlement process at the end of the day.
India's discount brokerage sector endured a severe client contraction in 2025, shedding 5.35 million active users due to regulatory crackdowns, higher taxes, and persistent low market volatility. Major platforms like Zerodha and Groww lost over 1 million clients each.
Demat account fraud can happen in a variety of ways. However, Demat account safety measures like strong passwords, two-factor authentication and regular account monitoring may reduce the risk of potential Demat account fraud. Moreover, you should always keep your devices updated and use anti-virus software.
However, if you are inactive for 30 calendar days, funds are transferred back to your primary bank account once a month. It will be reflected in your funds statement as follows: You can check the next quarterly settlement date by visiting console.zerodha.com/funds/overview.
Neither Groww nor Zerodha is universally better; the choice depends on your trading style, with Zerodha often preferred by experienced, active traders for lower intraday rates and advanced tools, while Groww suits beginners and long-term investors with its simple interface, zero AMC, and broader product range (US stocks, gold). Zerodha excels in powerful platforms (Kite) and wider product range (Commodities, Currency), while Groww wins on user-friendliness, free account opening, and zero demat AMC, making it simpler for casual investors.
Brokerage accounts are SIPC insured.
Is it safe to leave money in a brokerage account? Even though brokerage accounts are not FDIC insured like bank savings and checking accounts are, they are insured by the Securities Investor Protection Corporation (SIPC).
Groww is the top stock broker among all brokers in India. Groww is followed by Zerodha, Angel One, Upstox, and ICICIdirect.
Eligibility criteria for opening an NRI Demat Account
NRI status: You must be an NRI, a person of Indian origin (PIO), or an overseas citizen of India (OCI) as per FEMA guidelines. Your residency status should be updated with the Income Tax Department.
Here's why ✅ Your shares are not held by Zerodha They're stored safely in your demat account with CDSL, in your name. Zerodha is just the bridge, not the warehouse. So if Zerodha shuts down, your shares? Still yours.
To avail loan against the securities, the securities must be pledged to Zerodha Capital Private Limited (ZCPL). ZCPL is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI).
No gimmicks, spam, "gamification", or annoying push notifications. High quality apps that you use at your pace, the way you like.
NRIs and Persons of Indian Origin (PIO) must ensure their residential status is marked as Non-resident on the ITD website before opening an account. If the KYC status is Non-resident, there is no need to notarise the documents.
Zerodha Vs Groww Brokerage
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or . 03% whichever is lower whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
Exchanges consider your account dormant and deactivate it when there is no trading activity for 24 consecutive months. You need to verify your KYC details to reactivate your account. If you do not reactivate your account within 30 days, Zerodha notifies your nominee(s).