Zerodha

Broker — Free

India's largest broker, with Kite MCP that lets Claude and other AI assistants read your Zerodha account.

Kite MCP: chat with your holdings, P&L and margins from Claude

Overview

Zerodha is India's largest stock broker by active clients, covering NSE and BSE equities, futures and options, and direct mutual funds. It is for Indian investors and traders who want to query their own account through an AI assistant.

Kite MCP, released May 20, 2025, connects Claude, Cursor and VS Code to your Zerodha account so the assistant can pull holdings, P&L, positions, margins and live market data and do the math for you. It runs on the Kite Connect API, and Zerodha also publishes an open-source version of the server. Equity delivery trades cost ₹0, and intraday and F&O orders are a flat ₹20 or 0.03%, whichever is lower.

The catch: this is Indian markets only, and the MCP is built for reading and analysis, so treat any order tooling with care. Trustpilot reviewers score Zerodha 1.6 from a small sample. Skip it if you do not hold an Indian trading account.

Pros

• Free Kite MCP for Claude and Cursor
• ₹0 brokerage on equity delivery
• Open-source MCP server on GitHub

Cons

• Indian markets only
• Trustpilot score of 1.6

Is Zerodha Legit? FAQ

Is Zerodha legit?

Zerodha is a real, working product with a public track record you can check: 10,336 reviews on the App Store, averaging 4.3 out of 5. We list it because it has a real AI feature, not because it paid us. The biggest drawback we found: Indian markets only.

How much does Zerodha cost?

Zerodha is listed at Free / ₹20 per intraday order. Zerodha is free to use. Prices change, so confirm on the official site before you pay.

Does Zerodha have a free trial?

There is no time-limited trial listed, but the free plan lets you test Zerodha before paying.

Does Zerodha have an API or MCP server?

Yes. Zerodha offers an API and an MCP server, so you can connect it to your own code, a trading bot, or an AI assistant like Claude or ChatGPT.