Zerodha does not offer a free trading account. You need to pay Rs 200 for opening a trading account(For Equity & Currency) and Rs 100 Extra for Commodity, which is worth spending as you will get a best trading platform, best mobile app, and best in class service. In favor to this Zerodha offer you free Equity Delivery trades and Free Direct Mutual Fund Investment.
Anyone who wants to start trading in the stock market has to open a Demat and trading account, on which, the user is liable to pay account opening fee and Annual Maintenance Charges (AMC). For a beginner, who always prefers to open an account with such a broker that provides top trading facility, then Zerodha is undoubtedly the best broker. It is because the discount broker Zerodha provides a Free Demat Account at zero charges. Although Zerodha Trading Account is not free as it levies an account opening fee of Rs. 200 but AMC on the trading account is nil.
Fee for opening demat account with zerodha fee, however you need to pay Demat AMC of Rs 300 per year if your holdings is above Rs 50,000. Open Instant Zerodha Account Now!
Advantages of Account opening with Zerodha
Free Delivery for Lifetime
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
FREE Account Opening (
Trade at Flat ₹20 per Trade Pay-as-you-go Demat AMC
Flat ₹20 Per Trade
Free Trading Tips & Software