Zerodha is a discount brokers preffered by millions of traders in INDIA. Beggin ers usually prefer broker having cheapest brokerage charge. Zerodha charges a flat fee model at Rs. 20 therefore, it is the preferred broker among beginners.
However, Zerodha being a discount broker does not assist with research, advisory or recommendations. This makes it a challenge for new investors who often find it difficult to make these decisions. But in lieu of this, the broker has online education app, support portals, and discussion forums to assist beginners.
Overall, considering the many helpful services it offers, Zerodha is considered as among one of the most preferable brokers by beginners.

No. Unlike full-service brokers, Zerodha doesn't provide trading tips, research, advisory or recommendations. They also do not offer services like portfolio management services (PMS), wealth management and relationship managers.

1. Aadhaar card (you can open your account offline route if you don’t want to use your Aadhaar details).
2. Pan card, a photocopy of Pan is mandatory to be uploaded on Zerodha portal.
3. The mobile number must be linked to your Aadhar (it’s mandatory for online procedure as customers will receive the OTP in that particular number only).
4. Cancelled cheque/Bank statement/Passbook front page (anyone) to link  your bank account – if your cheque is not personalized then the bank statement you upload should have both IFSC & MICR code printed on it. (If, not then your application will be rejected).
5. A photo or scanned copy of your signature proof will be required to be uploaded.
6. Income proof- It is mandatory to submit income proof if you wish to trade in Future and Options – Equity, commodity and Currency. You can submit any one of below documents: Form 16; Income Tax Return Acknowledgment; 6-month bank statement; latest salary slip; Demat holding Statement; or Networth Certificate from a CA.

• It generally takes 24-48 working hours to open Zerodha Trading and DEMAT account, provided the documentation you’ve provided is in order ask by Zerodha.
• You can expect some delay if there is a mismatch between the documents you have submitted and the documents Zerodha requires. You will receive an email from Zerodha on your registered email address with the rejection reason and its solution if there is a mismatch.
• After your account is opened, Zerodha will send you a welcome email from 'no-reply@zerodha.com' to your registered email address.
• This email will also have your login ID and the link to set your Kite password.

To open an account offline, you will have to print out the account opening forms, fill them up and sign them.
Once you filled and signed the account opening form, you have to send them to the below address:
Zerodha HO
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase, Bangalore – 560078
If everything is in place, your account will be opened within 48 working hours after receiving your account opening form.

No, you cannot open a commodity account without opening an equity account at Zerodha.
Zerodha allows commodity accounts to be opened only if -

1. You open an equity account (Trading + Demat).
2. You have an existing equity account (Trading + Demat) with Zerodha.

No, you need not send any documents physically if you open an account online.
Adding nominees was an offline procedure, but now you can now add single or multiple nominees to your Zerodha demat account online.

It charges zero brokerage on equity delivery trades. The maximum brokerage charged is Rs. 20 per order across all trading segments, whereas the lowest brokerage charged is 0.03% of the trade value. Apart from paying the brokerage fee, a trader also needs to pay various other charges.