NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%
NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%

Side-by-Side Compare Table

CategoryINDmoneyZerodha
Basic Details
  • Broker Type: Digital broker and finance super-app model
  • Founded: 2019
  • Broker Type: Discount broker
  • Founded: 2010
Charges & AMC
  • Account Opening: Rs 0
  • Demat AMC: Rs 0 (lifetime in listed offer)
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
Brokerage
  • Equity Delivery: 0.05% or Rs 20, whichever is lower
  • Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
  • Equity Delivery: Rs 0
  • Equity Intraday: Flat Rs 20 or 0.03% (whichever is lower)
Other Charges
  • Minimum brokerage floor in some segments (for example Rs 2).
  • Pledge/unpledge fee per request applies.
  • Statutory charges apply across segments: STT, exchange charges, GST, SEBI charges, stamp duty.
  • DP and depository-side transactional charges apply for applicable sell-side delivery flows.
Leverage (Margin)
  • Margin wallet boost/MTF style offerings highlighted in source promotions.
  • Exact leverage depends on product, eligibility, and risk policy.
  • Intraday leverage can go up to around 20x in selected contexts.
  • Margin remains subject to segment-wise risk and exchange rules.
Features
  • Unified money tracking plus investing app.
  • Indian and US investing from one account ecosystem.
  • Market-leading client base and volume share.
  • Transparent flat-fee pricing model.
Trading Platforms
  • INDmoney app
  • INDstocks app
  • Zerodha Kite (web and mobile)
  • Coin (mutual funds)
Reviews & Ratings
  • Positioned as a fast-growing digital-first wealth app.
  • In this extracted snapshot, no single consolidated numeric overall rating is listed.
  • Widely regarded as one of the top discount brokers in India.
  • In this extract, no single combined numeric rating table is displayed.
Investment Options
  • Indian stocks and ETFs
  • US stocks and ETFs
  • Equity
  • F&O
Order Types Offered
  • Standard order workflows for delivery and intraday.
  • Basket and options-chain based execution support in platform flow.
  • Standard market, limit, and intraday order flows
  • Derivatives execution and strategy-linked tools via ecosystem partners
Suitable For (Investor Type)
  • Users seeking one app for India + US investing.
  • Mobile-first investors who want finance tracking and execution together.
  • Investors seeking transparent low brokerage and direct MF investing.
  • Active traders preferring robust charting/tool ecosystem.
Pros and Cons
  • Pros:
  • Zero opening and AMC in listed offers.
  • Pros:
  • Zero delivery brokerage and low flat intraday/F&O fees.

Detailed Comparison

Basic Details

INDmoneyZerodha
  • Broker Type: Digital broker and finance super-app model
  • Founded: 2019
  • SEBI Registration: Investment advisor registration noted; broking through exchange memberships
  • Exchanges Mentioned: NSE, BSE, BSE Star MF membership context
  • Product Focus: Indian + US market access from one app
  • Broker Type: Discount broker
  • Founded: 2010
  • SEBI Registration: INZ000031633
  • NSE Member Code: 13906
  • Net Worth: Rs 14374.75 Cr

Charges & AMC

INDmoneyZerodha
  • Account Opening: Rs 0
  • Demat AMC: Rs 0 (lifetime in listed offer)
  • Account model: 2-in-1 (trading + Demat)
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
  • Demat AMC: Rs 300 per year

Brokerage

INDmoneyZerodha
  • Equity Delivery: 0.05% or Rs 20, whichever is lower
  • Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
  • Equity Futures: Rs 20 per order
  • Equity Options: Rs 20 per order
  • US Stocks (global access): 0.25% per transaction, max $25
  • Equity Delivery: Rs 0
  • Equity Intraday: Flat Rs 20 or 0.03% (whichever is lower)
  • Equity Futures: Flat Rs 20 or 0.03% (whichever is lower)
  • Equity Options: Flat Rs 20 per executed order
  • Mutual Funds (direct): Rs 0

Other Charges

INDmoneyZerodha
  • Minimum brokerage floor in some segments (for example Rs 2).
  • Pledge/unpledge fee per request applies.
  • Statutory and exchange charges apply where relevant.
  • Statutory charges apply across segments: STT, exchange charges, GST, SEBI charges, stamp duty.
  • DP and depository-side transactional charges apply for applicable sell-side delivery flows.

Leverage (Margin)

INDmoneyZerodha
  • Margin wallet boost/MTF style offerings highlighted in source promotions.
  • Exact leverage depends on product, eligibility, and risk policy.
  • Intraday leverage can go up to around 20x in selected contexts.
  • Margin remains subject to segment-wise risk and exchange rules.

Features

INDmoneyZerodha
  • Unified money tracking plus investing app.
  • Indian and US investing from one account ecosystem.
  • Family finance tracking and planning support.
  • Dedicated INDstocks app for active trading workflows.
  • Market-leading client base and volume share.
  • Transparent flat-fee pricing model.
  • Strong ecosystem: Kite, Coin, Varsity, and partner tools.

Trading Platforms

INDmoneyZerodha
  • INDmoney app
  • INDstocks app
  • Web onboarding and account management flow
  • Zerodha Kite (web and mobile)
  • Coin (mutual funds)
  • Ecosystem tools: Streak, Sensibull, Smallcase, and more

Reviews & Ratings

INDmoneyZerodha
  • Positioned as a fast-growing digital-first wealth app.
  • In this extracted snapshot, no single consolidated numeric overall rating is listed.
  • Widely regarded as one of the top discount brokers in India.
  • In this extract, no single combined numeric rating table is displayed.

Investment Options

INDmoneyZerodha
  • Indian stocks and ETFs
  • US stocks and ETFs
  • Mutual funds
  • IPO
  • F&O (equity)
  • NPS and fixed deposits
  • Equity
  • F&O
  • Currency and commodity
  • IPO, bonds, G-Secs
  • Direct mutual funds

Order Types Offered

INDmoneyZerodha
  • Standard order workflows for delivery and intraday.
  • Basket and options-chain based execution support in platform flow.
  • Standard market, limit, and intraday order flows
  • Derivatives execution and strategy-linked tools via ecosystem partners

Suitable For (Investor Type)

INDmoneyZerodha
  • Users seeking one app for India + US investing.
  • Mobile-first investors who want finance tracking and execution together.
  • Retail users looking for low entry-cost onboarding.
  • Investors seeking transparent low brokerage and direct MF investing.
  • Active traders preferring robust charting/tool ecosystem.
  • Beginners and advanced users due to education plus platform depth.

Pros and Cons

INDmoneyZerodha
  • Pros:
  • Zero opening and AMC in listed offers.
  • Broad multi-asset coverage including US stocks.
  • Strong app-led convenience features.
  • Cons:
  • No classic 3-in-1 bank integration model.
  • Currency and commodity F&O availability is limited in the referenced snapshot.
  • Pros:
  • Zero delivery brokerage and low flat intraday/F&O fees.
  • Strong product ecosystem and technology maturity.
  • Trusted and transparent pricing structure.
  • Cons:
  • No branch-heavy assisted full-service model.
  • Some advanced workflows rely on external integrated tools.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
help@iposcanner.ai.

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.