LIVE
Global FX Broker Transparency & Rating
FXCN
API for business Sign in Sign up
FXCN
Global FX Broker Transparency & Rating
Sources auditable

Zerodha Broking Ltd

HeadquartersIndia Founded2010 Regulatory licenses1 Websitezerodha.com
What this broker record establishes

Zerodha is a large Indian retail broker mainly serving local equities, derivatives and investing products. India places significant restrictions on retail FX trading, so users should not treat Zerodha as an international high-leverage FX broker.

Identify the onboarding entity from these records before applying the score or any client protection to an account.

Entity and licence routes

  • The SEBI record in India is marked Active under identifier INZ000031633 for legal entity Zerodha Broking Ltd.

Why this score?

5 dimensions · open algorithm
Regulation w = 0.3
62.0 18.6 pts
Risk control w = 0.2
80.0 16.0 pts
Transparency w = 0.2
70.0 14.0 pts
Reputation w = 0.2 · not assessed (base 50)
50.0 10.0 pts
Disclosure w = 0.1 · not assessed (base 50)
50.0 5.0 pts
Assessment coverage 3/5 · These dimensions lack sufficient public data and stay at the base 50, excluded from downgrade checks: Reputation、Disclosure
Facts marked ↗ link to a public source; the rest are internally verified, evidence link pending Methodology Updated at: 2026-08-30 10:39

Regulatory licenses

1 on record
SEBI T2
Active
India
IdentifierINZ000031633
Zerodha Broking Ltd
Verify
Verified 2026-10-11

Which entity onboards you — and what protection you get

1 entities

You contract with one of the licensed entities below, not with the brand. Protection differs enormously between jurisdictions, so check which entity actually onboards you.

Regulator / Jurisdiction Entity Retail leverage cap Investor compensation Negative balance protection
SEBI T2
India · SEBI
Zerodha Broking Ltd #INZ000031633
No cap Exchange investor protection fund (limits vary by exchange) Not recorded
Leverage caps, compensation limits and negative balance protection are general jurisdiction rules, not promises by this broker. Entity names and licence numbers link back to regulator evidence.

Company profile

Structure · Ownership · Listing
Client funds segregated
Yes — held separately from company funds

Score evidence trail

4 scoring facts
Regulation +/− Reason Evidence
Regulation +12.0 Tier 2 licence from SEBI (REG_LIC_SEBI)
Risk control +30.0 Client money is held separately and can be verified (RISK_FUND_SEG) evidence pending
Transparency +20.0 Registered and operating locations are consistent (TRANS_HQ_MATCH) evidence pending
Reputation +0.0 Insufficient user reviews (0) for assessment (REP_INSUFFICIENT) evidence pending

AI editor brief

FXCN risk summary

Zerodha core value is Indian local-market access. The page should distinguish compliant Indian securities trading from cross-border FX CFD trading.

Generated by AI from structured facts above. All sources are linked under "Why this score".

Frequently Asked Questions

Which authorities regulate Zerodha Broking Ltd?

As of 2026-10-11, the FXCN database records 1 active licence(s) for Zerodha Broking Ltd: SEBI #INZ000031633, including 0 Tier-1 licence(s). Every entry links to its public evidence source — see the licence table above.

When was Zerodha Broking Ltd founded and where is it based?

Zerodha Broking Ltd was founded in 2010 and is headquartered in India.

How can I verify Zerodha Broking Ltd's licences myself?

Take the licence number to the regulator's official register (FCA Register, ASIC Connect, NFA BASIC, etc.) and search it. Every licence row on FXCN links to its regulator evidence page with a last-verified date.

Which scoring dimensions has FXCN actually assessed for Zerodha Broking Ltd?

The FXCN score combines 5 weighted dimensions: Regulation 30%, Risk control 20%, Transparency 20%, Reputation 20%, Disclosure 10%. As of 2026-10-11, 3/5 dimensions have enough public data to assess; not yet assessed: Reputation, Disclosure. Unassessed dimensions stay at the base score of 50 — they neither add points nor trigger the "any dimension too low" downgrade. We would rather flag a gap than fill it with a guess. Every individual point adjustment is listed in the evidence table above. Methodology

User reviews

No reviews yet.
Evidence-based options

Brokers sharing a regulator appear first, followed by alternatives in the same headquarters jurisdiction and risk band. Every relationship comes from structured FXCN data; nothing is random.

BDSwiss Holding Ltd Cyprus 63.6
Same risk band: Yellow · Caution
Exinity Group Mauritius 63.6
Same risk band: Yellow · Caution
tastytrade United States 63.0
Same risk band: Yellow · Caution
IQ Option Cyprus 63.0
Same risk band: Yellow · Caution
Wealthsimple Inc Canada 63.0
Same risk band: Yellow · Caution
Share

Scan with WeChat

Open WeChat → Discover → Scan