Robinhood
Zerodha
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Overview
Robinhood was founded in 2013 and is headquartered in USA, while Zerodha was established in 2010 and is based in India. Robinhood holds licences including Financial Conduct Authority (FCA), while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. Robinhood serves 10,000,000+ clients worldwide; Zerodha has 1,500,000+. Both brokers share the same minimum deposit of $0.
| Feature | Robinhood | Zerodha |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Regulation | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2013 | 2010 |
| Country | USA | India |
| Clients | 10,000,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Robinhood and Zerodha, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Neither broker charges withdrawal fees. Robinhood charges deposit fees; Zerodha does not. The two brokers are broadly comparable on fee structure.
| Feature | Robinhood | Zerodha |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Robinhood offers a proprietary platform, while Zerodha supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Robinhood supports social and copy trading features, which Zerodha does not offer. Zerodha edges ahead on platform breadth and functionality in our scoring.
| Feature | Robinhood | Zerodha |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Robinhood and Zerodha compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Robinhood scores higher overall in education and research.
| Feature | Robinhood | Zerodha |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Robinhood accepts 1 of the tracked payment methods (bank transfer), while Zerodha supports 1 (bank transfer). Both brokers support the same set of payment methods.
| Feature | Robinhood | Zerodha |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Robinhood and Zerodha offer live chat support. Zerodha offers phone support; Robinhood does not. Email support is available at both brokers. Both brokers offer support in 13 languages. Zerodha scores higher overall on customer support in our assessment.
| Feature | Robinhood | Zerodha |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | No | Yes |
| Email Support | Yes | Yes |
| Languages | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |