Zerodha's Zero Brokerage Policy Saves Traders ₹25,620 Crore
Zerodha traders saved Rs 25,620 crore brokerage: Nithin Kamath shows the calculation
The Economic TimesImage: The Economic Times
Zerodha traders saved ₹25,620 crore (approximately $3.1 billion USD) in brokerage fees from 2016 to 2025 due to the company's zero brokerage policy on delivery trades. Founder Nithin Kamath attributes this success to a commitment to customer-centric practices and a bootstrapped business model, avoiding external pressures for rapid growth.
- 01Zerodha traders saved ₹25,620 crore in brokerage fees from 2016 to 2025.
- 02The company maintains zero brokerage on delivery trades and avoids aggressive marketing.
- 03Nithin Kamath emphasizes customer trust and satisfaction as key to growth.
- 04Zerodha's bootstrapped model allows it to prioritize customer interests over revenue targets.
- 05Despite no advertising spend, 25-30% of new accounts come from referrals.
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Zerodha, a leading brokerage firm in India, has saved its traders a staggering ₹25,620 crore (approximately $3.1 billion USD) in brokerage fees from 2016 to 2025 due to its zero brokerage policy on delivery trades. Founder and CEO Nithin Kamath highlighted that the company’s decision to remain bootstrapped, without external investors, has allowed it to focus on customer-centric practices rather than aggressive revenue targets. This approach includes not spamming users, avoiding differential pricing, and refraining from pushing margin funding. Kamath noted that while many competitors have altered their pricing strategies, Zerodha has maintained its rates, which would have otherwise adjusted to ₹50 today when accounting for inflation. The company’s commitment to customer trust is evident, with 25% to 30% of new accounts arising from referrals, showcasing high customer satisfaction. By prioritizing building strong products and maintaining trust, Zerodha aims to grow alongside its customers rather than at their expense.
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Zerodha's zero brokerage policy significantly reduces trading costs for users, making equity investing more accessible and affordable.
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